Compare 2008 Pontiac G5 Insurance Rates

Expensive insurance coverage can dwindle your savings account and make it hard to pay other bills. Doing a price comparison is free and is an excellent way to reduce premiums and put more money in your pocket.

You have so many auto insurance companies to pick from, and although it’s a good thing to have multiple companies, it can be more challenging to adequately compare rates.

Discounts can save BIG

Companies don’t always list all their discounts in a way that’s easy to find, so we researched both the well known and the harder-to-find discounts you could be receiving.

  • Anti-lock Brake System – Vehicles with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.
  • Payment Method – If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.
  • Passive Restraints – Cars that have air bags may earn rate discounts of 20% or more.
  • Driver’s Ed – Require your teen driver to take driver’s ed class in school.
  • Government Employees – Being employed by or retired from a federal job can save as much as 8% on G5 insurance with select insurance companies.
  • Safe Driver Discount – Safe drivers may save up to 50% more on G5 insurance than their less cautious counterparts.
  • Good Student – Getting good grades can be rewarded with saving of up to 25%. This discount can apply until age 25.
  • Sign Early and Save – A few companies offer discounts for signing up prior to your current policy expiring. It can save you around 10%.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Pontiac can earn a substantially lower rate.

Drivers should understand that most discount credits are not given to your bottom line cost. Most only apply to individual premiums such as medical payments or collision. Just because you may think having all the discounts means you get insurance for free, companies don’t profit that way.

To see a list of insurers with discount insurance coverage rates, click here to view.

How to Buy Insurance Online

Most companies such as Progressive, Geico, Allstate and State Farm quote coverage prices on the web. The process doesn’t take a lot of time as you just enter your coverage information into a form. When complete, the system automatically orders your credit score and driving record and quotes a price based on these factors. Being able to quote online streamlines rate comparisons, but the work required to visit each company’s website and repetitively complete many quote forms can get tiresome after awhile. Unfortunately, it is important to have as many quotes as possible in order to find better prices.

Quote rates the easy way

A more efficient way to locate the lowest prices requires only one form to obtain quotes from a lot of companies. This type of form saves time, helps eliminate reptitive entry, and makes rate comparisons much more enjoyable. Immediately after you send the form, your coverage is rated with multiple companies and you can pick your choice of the returned quotes. If you find a better price you simply finish the application and purchase the new policy. This process only takes a few minutes and you will find out if you’re overpaying now.

To quickly compare pricing, click here and input your coverage information. If you have coverage now, it’s recommended you input the coverage information identical to your current policy. This makes sure you will get rate comparison quotes for similar insurance coverage.

Why you might be paying too much to insure your Pontiac G5

An important part of buying insurance is that you know the rating factors that come into play when calculating your insurance coverage rates. Knowing what determines base rates helps enable you to make changes that may reward you with lower insurance coverage prices.

  • Where you live is a factor – Living in a small town has it’s advantages when it comes to insurance coverage. Urban drivers have congested traffic and longer commutes to work. Less people living in that area means a lower chance of having an accident as well as less vandalism and auto theft.
  • Protect yourself with liability coverage – Your policy’s liability coverage is the protection in the event that a court rules you are at fault for damages caused by your negligence. It provides for a legal defense which can cost thousands of dollars. Liability is cheap as compared to coverage for physical damage, so do not skimp.
  • Special features that cut premiums – Choosing a vehicle with a theft deterrent system can help lower your rates. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart your car from being stolen.
  • High deductibles save money – Coverage for physical damage, termed comprehensive and collision coverage on your policy, protects your Pontiac from damage. Some instances where coverage would apply are colliding with a building, vandalism, and windstorm damage. Physical damage deductibles are the amount of money you are required to spend if you file a covered claim. The more money you are required to pay out-of-pocket, the less your company will charge you for insurance on G5 insurance.
  • Marriage brings a discount – Being married actually saves money on insurance coverage. Having a spouse translates into being more mature and statistics show married drivers get in fewer accidents.
  • Where do you drive? – The higher the mileage driven in a year the higher your rates will be. The majority of insurers rate vehicles based on their usage. Autos left parked in the garage get more affordable rates compared to those used for work or business. Having the wrong rating on your G5 may be costing you. Make sure your insurance coverage declarations sheet is showing the correct usage for each vehicle.

Will just any policy work for me?

When buying adequate coverage for your vehicles, there really is no “perfect” insurance plan. Everyone’s situation is a little different and your policy should reflect that. These are some specific questions can aid in determining whether your personal situation might need an agent’s assistance.

  • How can I get my company to pay me more for my totalled car?
  • Does my personal policy cover me when driving out-of-state?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Am I covered if I crash into my own garage door?
  • Is my 2008 Pontiac G5 covered for smoke damage?
  • Why do I need rental car insurance?
  • Can I make deliveries for my home business?
  • Who is covered by my policy?
  • Do I need added coverage for expensive stereo equipment?
  • How much underlying liability do I need for an umbrella policy?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Car insurance 101

Understanding the coverages of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the normal coverages found on the average insurance policy.

Liability car insurance

This coverage can cover damages or injuries you inflict on other’s property or people by causing an accident. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability can pay for things such as medical expenses, emergency aid, repair bills for other people’s vehicles and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.

Coverage for collisions

This pays for damage to your G5 from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision insurance covers things like hitting a mailbox, hitting a parking meter, sideswiping another vehicle, crashing into a ditch and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive coverage

This pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, hitting a bird, rock chips in glass, fire damage and a tree branch falling on your vehicle. The most a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical payments coverage and PIP

Med pay and PIP coverage pay for bills such as dental work, chiropractic care and prosthetic devices. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. It covers you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and may carry a deductible

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Save your hard earned cash

As you go through the steps to switch your coverage, you should never skimp on critical coverages to save a buck or two. In too many instances, someone sacrificed comprehensive coverage or liability limits and discovered at claim time they didn’t purchase enough coverage. The ultimate goal is to get the best coverage possible at an affordable rate while still protecting your assets.

We’ve covered a lot of ways to lower your 2008 Pontiac G5 insurance rates. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. You may even find the best prices are with some of the lesser-known companies. Some small companies may have significantly lower rates on certain market segments than their larger competitors like Allstate, Geico and Progressive.

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