Cheaper 1993 Pontiac Grand Am Insurance Rates

Want the cheapest insurance rates for your Pontiac Grand Am? Are you at wits end from sacrificing other expenses to make your insurance payment? Your situation is no different than many other drivers.

There are many auto insurance companies to purchase coverage from, and although it’s a good thing to be able to choose, so many choices can make it hard to find a good deal.

Compare free car insurance rate quotes

To find the best car insurance rates, there are several ways to compare rate quotes from many different insurance companies. The easiest way to compare 1993 Pontiac Grand Am insurance prices is simply to get online rate quotes. It’s really quite simple and can be done using a couple different methods.

The simplest way to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This easy form keeps you from doing a different quote for every company. A single form will get you rate comparisons from car insurance companies with the best prices.

A less efficient way to get comparison quotes consists of visiting the website for each individual company and fill out a new quote form. For instance, let’s assume you want to get rates from Liberty Mutual, Farmers and American Family. To get each rate you have to take the time to go to each site and repeatedly enter your information, which is not fast way to get rate quotes. For a handy list of car insurance company links in your area, click here.

You can choose any of those ways to find more affodable coverage, but double check that you are using apples-to-apples coverage limits and deductibles for every company. If you are comparing unequal deductibles or liability limits then you won’t be able to determine which company has the best rates. Even a minor difference in coverages may cause a big price difference. Just remember that comparing all the rates in your area gives you a better chance of getting a lower rate than you’re paying now.

Verify you’re earning every discount

Car insurance companies don’t necessarily list every discount in a way that’s easy to find, so the list below gives a summary of both well-publicized in addition to some of the lesser obvious credits that you can use to lower your rates.

  • Federal Employees – Active or former government employment can earn a discount up to 10% on Grand Am coverage depending on your insurance provider.
  • Seat Belt Usage – Requiring all passengers to buckle up before driving can save 10% or more on the premium charged for medical payments and/or PIP.
  • Theft Deterent Discount – Anti-theft and alarm system equipped vehicles help deter theft and that can save you a little bit as well.
  • Military Deployment Discount – Being on active deployment in the military may lower your premium rates slightly.
  • Defensive Driver Discount – Taking a course teaching safe driver skills is a good idea and can lower rates and also improve your driving technique.

As a footnote on discounts, some of the credits will not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like adding up those discounts means a free policy, insurance companies aren’t that generous. But all discounts will reduce your insurance premiums.

A list of companies and their offered discounts include:

  • GEICO discounts include emergency military deployment, seat belt use, military active duty, driver training, membership and employees, and defensive driver.
  • Travelers includes discounts for payment discounts, save driver, student away at school, home ownership, continuous insurance, and IntelliDrive.
  • Farm Bureau offers discounts including renewal discount, driver training, safe driver, multi-policy, good student, 55 and retired, and youthful driver.
  • Liberty Mutual has discounts for new graduate, multi-car, newly retired, good student, teen driver discount, and multi-policy.
  • American Family may include discounts for good driver, accident-free, good student, multi-vehicle, air bags, and early bird.
  • Progressive policyholders can earn discounts including online quote discount, homeowner, multi-vehicle, continuous coverage, multi-policy, and good student.

When getting free car insurance quotes, it’s a good idea to every company how you can save money. Savings might not be offered on policies in your state.

The Pontiac Grand Am insurance cost equation

Consumers need to have an understanding of some of the elements that aid in calculating the price you pay for insurance coverage. When consumers understand what positively or negatively impacts your premiums, this allows you to make educated decisions that could help you find cheaper rates. Many factors are taken into consideration when premium rates are determined. Some are pretty understandable like your driving record, but some are more transparent such as your marital status or your financial responsibility.

  • Better premiums on vehicles with better crash test results – Safe vehicles tend to have lower insurance rates. Vehicles built for safety protect occupants better and reduced instances of injuries translates into savings for insurance companies passed on to you as lower rates.
  • Save money with high credit – Credit score can be a huge factor in calculating your insurance coverage rates. Drivers who have good credit tend to be better drivers and file fewer claims as compared to drivers with worse credit. If your credit history can use some improvement, you could be paying less to insure your 1993 Pontiac Grand Am by taking the time to improve your credit score.
  • Higher physical damage deductibles are cheaper – Physical damage deductibles define how much you are required to spend if the claim is covered. Physical damage insurance, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some examples of covered claims could be a windshield broken by a bird, animal collisions, and damage caused by road hazards. The higher the amount the insured has to pay upfront, the less your company will charge you for insurance on Grand Am coverage.
  • Don’t cancel your insurance coverage policy without a new one in place – Going without insurance is a sure-fire way to increase your rates. And not only will your rates increase, the inability to provide proof of insurance will get you a revoked license or a big fine.

When should I discuss my situation with an agent?

When choosing adequate coverage for your personal vehicles, there is no “perfect” insurance plan. Each situation is unique and your policy should reflect that. For example, these questions could help you determine whether or not you would benefit from an agent’s advice.

  • What are the best liability limits?
  • Should I have combined single limit or split liability limits?
  • When would I need rental car insurance?
  • Is my nanny covered when driving my vehicle?
  • Can I afford low physical damage deductibles?
  • What is medical payments coverage?
  • Can I pay claims out-of-pocket if I buy high deductibles?

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

Auto insurance coverage considerations

Having a good grasp of your policy helps when choosing the right coverages for your vehicles. Policy terminology can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages found on most auto insurance policies.

Liability auto insurance

This provides protection from damages or injuries you inflict on other people or property in an accident. It protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against things such as legal defense fees, emergency aid and attorney fees. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Pontiac Grand Am.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these limits are identical to your policy’s liability coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for expenses like X-ray expenses, funeral costs, surgery and rehabilitation expenses. They are used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Collision protection

This coverage pays for damage to your Grand Am resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like rolling your car, sideswiping another vehicle, colliding with a tree and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Comprehensive coverage

This pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things like theft, rock chips in glass, damage from getting keyed, a tree branch falling on your vehicle and damage from a tornado or hurricane. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Shop around and save

Some insurance companies may not offer the ability to get a quote online and most of the time these regional carriers only sell coverage through independent agencies. Low-cost 1993 Pontiac Grand Am insurance can be found both online as well as from independent agents, so you should compare both to have the best selection.

You just read a lot of tips how to shop for 1993 Pontiac Grand Am insurance online. The most important thing to understand is the more quotes you get, the higher your chance of finding cheaper car insurance. You may even discover the most savings is with a company that doesn’t do a lot of advertising. They often have lower premium rates on specific markets as compared to the big name companies such as State Farm and Allstate.

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