How Much Does 2011 Maserati GranTurismo Convertible Insurance Cost?

Want cheaper insurance coverage rates for your Maserati GranTurismo Convertible? Nobody that owns a car likes paying for insurance coverage, especially when they are aware that the prices are way too high.

Lots of auto insurance companies contend for your business, so it can be very hard to choose a provider to find the absolute lowest rate

You need to take a look at other company’s rates occasionally because insurance coverage prices are variable and change quite frequently. Even if you think you had the best deal on GranTurismo Convertible insurance a couple years back you can probably find a better rate quote now. Forget all the misinformation about insurance coverage because you’re going to get a crash course in the proper way to reduce your cost while increasing coverage.

If you currently have a car insurance policy, you should be able to save some money using these techniques. Finding affordable coverage is quite easy. But drivers need to learn how the larger insurance companies sell insurance online and take advantage of how the system works.

Which car insurance is cheapest?

Effectively comparing car insurance prices can take time and effort if you don’t know the easiest way. You could spend your day discussing policy coverages with insurance agencies in your area, or you can stay home and use online quoting for quick rates.

Most major companies take part in a program where prospective buyers submit one quote, and every company then gives them pricing determined by their information. This prevents consumers from doing form submissions to each individual car insurance company. To compare rates using this form now click here (opens in new window).

The only downside to getting quotes like this is you are unable to specify which insurance companies you want pricing from. If you would rather choose from a list of companies to compare, we have a listing of low cost car insurance companies in your area. Click here to view list.

Whichever way you use, make sure you compare the same quote information on every price quote you get. If your comparisons have different deductibles you can’t possibly truly determine the lowest rate. Just slight variations in insurance coverages may cause a big price difference. And when comparing car insurance rates, know that getting more free quotes helps improve the odds of finding a lower rate. Some insurance companies are not set up to provide online rate quotes, so it’s recommended that you also compare prices from them, too.

Big brands don’t always mean big savings

Insurance companies such as GEICO, State Farm and Progressive seem to constantly run television, radio, and online ads. All the companies make an identical promise that you’ll save big just by switching your coverage. That’s great but how can every company give you a lower rate? It’s all in the wording.

Most companies look for specific characteristics for the type of driver that is profitable for them. A good example of a desirable risk might have to be between 25 and 40, insures multiple vehicles, and has a short commute. Anybody who fits those characteristics may get the lowest premium rates and will probably save if they switch.

People who are not a match for the “perfect” profile will be charged a higher rate which results in the customer buying from someone else. The ad wording is “people who switch” but not “everyone who gets a quote” can save as much as they claim. That’s why companies can truthfully make those statements. This really illustrates why drivers must get price quotes at each policy renewal. Because you cannot predict which company will fit you best based on your risk profile.

The Maserati GranTurismo Convertible insurance rate equation

Smart consumers have a good feel for some of the elements that are used to determine the rates you pay for car insurance. If you have some idea of what determines base rates, this enables informed choices that may result in much lower annual insurance costs. Many factors are taken into consideration when you quote your car insurance policy. A few of the factors are predictable such as your driving record, although others are less apparent such as your credit history or how financially stable you are.

Shown below are some of the most common factors utilized by car insurance companies to help set your prices.

  • Better premiums for continuous car insurance coverage – Driving your car without having proper coverage is illegal and car insurance companies will penalize you for letting your insurance expire. In addition to paying higher premiums, failure to provide proof of insurance will get you fines or a revoked license. You may then have to file a SR-22 with your state motor vehicle department.
  • With age comes lower prices – Older people are more responsible, tend to cause fewer accidents and are safer drivers.Drivers with little experience tend to be more careless when driving with friends so car insurance rates are higher.
  • Insurance companies don’t like frequent car insurance claims – Car insurance companies provide the lowest premiums to drivers who do not file claims often. If you frequently file small claims, you can expect higher rates. Your car insurance is meant to be used in the event of claims that pose a financial burden.
  • Consider raising coverage deductibles – Your deductibles state the amount of money you are required to spend out-of-pocket if a covered claim is submitted. Physical damage insurance, also called ‘full coverage’, covers damage that occurs to your car. Some coverage claims would be collision with another vehicle, damage caused by hail, and damage caused by road hazards. The higher the amount you choose to pay out-of-pocket, the lower your rates will be on GranTurismo Convertible insurance.
  • Deter vehicle theft – Choosing a vehicle with anti-theft technology or alarm system can save you a little every year. Systems that thwart theives such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent auto theft.
  • Marriage pays dividends – Being married actually saves money when shopping for car insurance. Having a spouse usually means you are more responsible and statistics prove married drivers tend to file fewer claims.
  • Put fewer miles on your vehicle – The higher the mileage driven in a year’s time the higher the price you pay to insure it. The majority of insurers calculate rates based on how the vehicle is used. Cars and trucks that sit idle most of the time qualify for better rates as compared to vehicles used primarily for driving to work. It’s always a good idea to double check that your car insurance declarations sheet shows how each vehicle is driven, because it can save money. An improperly rated GranTurismo Convertible may be costing you higher rates.

Do you qualify for discount car insurance?

Auto insurance companies don’t necessarily list every discount they offer very well, so the list below gives a summary of a few of the more common and also the lesser-known discounts that may be available.

  • Claim-Free Discount – Claim-free drivers pay less in comparison to insureds who have frequent claims or accidents.
  • Distant College Student Discount – Any of your kids who attend college more than 100 miles from home and won’t have access to an insured vehicle may be able to be covered for less.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% on GranTurismo Convertible insurance as compared to drivers with claims.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can avoid accidents and earn discounts up to 10%.
  • Senior Discount – Mature drivers are able to get a slight reduction on a car insurance quote on GranTurismo Convertible insurance.
  • Theft Deterent System – Vehicles that have factory alarm systems and tracking devices can help prevent theft and will qualify for a discount on a car insurance quote.
  • Full Payment Discount – If you pay your bill all at once rather than spreading payments over time you may have a lower total premium amount.
  • New Vehicle Savings – Insuring a new car can be considerably cheaper since new vehicles are generally safer.
  • Low Mileage Discounts – Driving less could earn cheaper prices.
  • Federal Employees – Simply working for the federal government could cut as much as 10% off on GranTurismo Convertible insurance but check with your company.

As a sidenote, some of the credits will not apply to all coverage premiums. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like having all the discounts means you get insurance for free, you’re out of luck.

To choose insurers that offer some of these discounts, click this link.

What insurance coverages do I need?

When it comes to choosing proper insurance coverage, there really is not a “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if your situation might need professional guidance.

  • How can I find cheaper teen driver insurance?
  • Can I afford low physical damage deductibles?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Can I still get insurance after a DUI?
  • When can I cancel my policy?
  • Can I make deliveries for my home business?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area.

Specific coverages for a Maserati GranTurismo Convertible

Knowing the specifics of a car insurance policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages available from car insurance companies.

Auto liability insurance – Liability insurance will cover damage that occurs to other’s property or people that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 25/50/25 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for things such as funeral expenses, emergency aid, medical expenses and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your 2011 Maserati GranTurismo Convertible.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage provide coverage for bills like X-ray expenses, dental work and pain medications. They are used in conjunction with a health insurance program or if there is no health insurance coverage. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Collision – Collision insurance will pay to fix damage to your GranTurismo Convertible resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things like sustaining damage from a pot hole, colliding with another moving vehicle, hitting a mailbox, rolling your car and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to raise the deductible in order to get cheaper collision rates.

Comprehensive insurance – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like fire damage, damage from a tornado or hurricane, a tree branch falling on your vehicle and damage from flooding. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Cheaper insurance is a realistic goal

Throughout this article, we presented many ideas to shop for 2011 Maserati GranTurismo Convertible insurance online. It’s most important to understand that the more rate quotes you have, the higher your chance of finding low cost car insurance. You may even discover the biggest savings come from a small mutual company. They may have significantly lower premium rates on certain market segments than their larger competitors like Progressive or GEICO.

When getting car insurance quotes online, it’s not a good idea to buy less coverage just to save a little money. There have been many cases where someone sacrificed uninsured motorist or liability limits only to discover later that the small savings ended up costing them much more. Your aim should be to find the BEST coverage at an affordable rate, but don’t skip important coverages to save money.

Additional resources