Have you had enough of not being able to scrape enough together to make your insurance coverage payment? Your situation is no different than many other consumers. Multiple insurance companies compete for your business, so it’s not easy to compare every insurance company and get the definite cheapest price
It’s important to take a look at other company’s rates at least once a year because rates are variable and change quite frequently. If you had the lowest premium rates for Grand Am coverage two years ago you can probably find a lower rate today. You can find a lot of misleading information regarding insurance coverage online but in this article, you’re going to get some excellent ideas to slash your insurance coverage rates.
There are a lot of ways to shop for insurance, and some are more efficient than others. You could waste a few hours driving to local insurance agents in your area, or you can utilize the web to get rates in a matter of minutes.
Many insurance companies take part in a program where insurance shoppers send in one quote, and every company can give them a price based on that data. This saves time by eliminating repetitive form submissions to each individual insurance company.
To use this form to compare rates click here to start a free quote.
The only downside to doing it this way is you don’t know exactly the companies to get quotes from. So if you prefer to choose specific providers to compare rates, we have assembled a list of low cost insurance companies in your area. Click to view list.
You can choose any of those ways to find more affodable coverage, but be sure to compare nearly identical coverages and limits for every company. If you use different liability limits it will be very difficult to make a fair rate comparison.
It’s important that you understand some of the things that go into determining the rates you pay for insurance. If you have some idea of what impacts premium levels, this empowers consumers to make smart changes that can help you get big savings. Multiple criteria are considered when premium rates are determined. Some of the criteria are obvious such as your driving history, although others are less apparent such as whether you are married and annual miles driven.
Car insurance companies don’t necessarily list the entire discount list very clearly, so we researched some of the best known and also the more inconspicuous ways to save on insurance.
Drivers should understand that most discount credits are not given to your bottom line cost. A few only apply to individual premiums such as comp or med pay. So when it seems like you could get a free insurance policy, you won’t be that lucky.
A list of companies and a partial list of their discounts can be found below.
If you are trying to find cheap auto insurance quotes, ask each company to apply every possible discount. A few discounts may not apply to policies in your area. If you would like to see a list of providers that provide some of the discounts listed above, click here.
When choosing coverage for your personal vehicles, there really is not a perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For example, these questions can aid in determining if your situation would benefit from professional advice.
If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.
Having a good grasp of your policy aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are the usual coverages available from insurance companies.
Insurance for medical payments – Med pay and PIP coverage pay for immediate expenses for dental work, X-ray expenses, rehabilitation expenses and funeral costs. They are used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Pontiac Grand Am.
Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time the UM/UIM limits do not exceed the liability coverage limits.
Collision coverage – Collision insurance pays for damage to your Grand Am resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers claims like colliding with a tree, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like hitting a deer, theft, a tree branch falling on your vehicle, rock chips in glass and a broken windshield. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Auto liability – This will cover damage that occurs to people or other property in an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.
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 commonly see limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use a combined limit which combines the three limits into one amount without having the split limit caps.
Liability insurance covers things like repair bills for other people’s vehicles, legal defense fees, court costs, emergency aid and structural damage. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.
We just presented many ways to save on 1996 Pontiac Grand Am insurance. The key thing to remember is the more providers you compare, the higher the chance of saving money. Consumers may even find the biggest savings come from a lesser-known regional company. Some small companies may cover specific market segments cheaper than the large multi-state companies such as State Farm and Allstate.
As you prepare to switch companies, make sure you don’t skimp on critical coverages to save a buck or two. There have been many situations where an accident victim reduced physical damage coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy the best coverage you can find for the lowest cost and still be able to protect your assets.
Affordable 1996 Pontiac Grand Am insurance can be purchased from both online companies in addition to many insurance agents, and you should compare rates from both to have the best chance of lowering rates. Some insurance companies do not provide rates over the internet and these small, regional companies only sell through independent agencies.
To learn more, take a look at the following helpful articles: