Sick and tired of not being able to scrape enough together to pay high auto insurance rates every month? You have the same problem as the majority of other drivers.
There are many car insurance companies to choose from, and even though it’s nice to be able to choose, more options can take longer to get the best deal.
The cost of insuring your cars can be expensive, but you might already qualify for some discounts that you may not even be aware of. Some discounts will apply when you complete an application, but some need to be specially asked for prior to getting the savings.
A little disclaimer on discounts, some of the credits will not apply to the entire cost. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, that’s just not realistic. Any amount of discount will cut your policy premium.
A list of companies and some of the discounts are included below.
Double check with every company to apply every possible discount. Some discounts listed above might not be offered on policies in your state. To see auto insurance companies who offer online auto insurance quotes, follow this link.
When it comes to buying coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different so your insurance should reflect that These are some specific questions can aid in determining whether your personal situation might need an agent’s assistance.
Knowing the specifics of your car insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types offered by car insurance companies.
This will cover injuries or damage you cause to a person or their property by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.
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 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability insurance covers claims such as court costs, structural damage, attorney fees and pain and suffering. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.
Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims like backing into a parked car, hitting a mailbox, scraping a guard rail, driving through your garage door and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to bring the cost down.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for pain medications, doctor visits, prosthetic devices and X-ray expenses. They can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like damage from a tornado or hurricane, rock chips in glass, fire damage and theft. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Pontiac Grand Am.
Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.
When searching for affordable auto insurance quotes, don’t be tempted to reduce needed coverages to save money. In many instances, an insured dropped collision coverage only to regret they didn’t purchase enough coverage. Your goal should be to buy a smart amount of coverage at the best cost, but do not sacrifice coverage to save money.
The cheapest 2004 Pontiac Grand Am insurance can be bought online and with local insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance companies do not provide price quotes online and these regional carriers prefer to sell through independent agents.
Additional detailed information can be found by following these links: