Lower Your 1994 Pontiac Trans Sport Car Insurance Cost

Want the cheapest insurance coverage rates for your Pontiac Trans Sport? Are you burned out from sacrificing to keep your car insured? You have the same problem as most other drivers.

Big companies like State Farm, GEICO and Farmers Insurance constantly blast consumers with ad campaigns and consumers find it hard to ignore the promise of big savings and do the work needed to find the best deal.

How do insurance providers determine Pontiac Trans Sport insurance costs?

Lots of factors are used in the calculation when quoting car insurance. Some factors are common sense like your driving record, although others are more obscure such as whether you are married or your commute time.When buying insurance coverage it’s important to understand the rating factors that aid in calculating the level of your policy premiums. If you know what determines premiums, this allows you to make educated decisions that can help you get lower insurance coverage prices.

The factors shown below are a few of the things companies use to determine your prices.

  • Having a spouse brings a discount – Having a spouse helps lower the price on your policy. Having a spouse is viewed as being more mature and responsible and statistics prove married couples file fewer claims.
  • Optional features that cut rates – Buying a car with a theft deterrent system can help lower your premiums. Advanced theft deterrents like vehicle immobilizer systems, OnStar, and tracking devices like LoJack help track and prevent vehicle theft.
  • Liability coverage limits on your policy – Your insurance coverage policy’s liability coverage will protect you if you are found liable for personal injury or accident damage. This coverage provides legal defense coverage starting from day one. This coverage is relatively inexpensive compared to comp and collision, so drivers should buy more than the minimum limits required by law.
  • Car plus home equals more savings – The majority of insurers will give a discount for people that have more than one policy. It’s known as a multi-policy discount. Even with this discount applied, you may still want to get quotes from other companies to help guarantee you have the best rates.
  • Poor driving leads to higher prices – Your driving citation history impacts your car insurance rates tremendously. Good drivers have lower premiums compared to bad drivers. Just one speeding ticket or other violation can bump up the cost by twenty percent. Drivers who have dangerous violations such as DUI or willful reckless driving might be required by their state to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent their license from being revoked.
  • Credit history impacts premium prices – Having a good credit history is a large factor in calculating your premium rate. Insureds that have excellent credit tend to be better risks to insure than drivers who have lower ratings. If your credit history is lower than you’d like, you could pay less to insure your 1994 Pontiac Trans Sport by improving your rating.
  • Low coverage deductibles mean high prices – Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Pontiac. Some examples of covered claims are a broken side mirror, damage from fire, and damage caused by flying debris. Deductibles for physical damage define how much you are required to pay if a covered claim is submitted. The more of the claim you choose to pay out-of-pocket, the less money you will pay for insurance coverage for Trans Sport insurance.

The fastest way that we advise to get rate comparisons is to know the trick all the major auto insurance companies will pay a fee to give you rate quotes. To start a quote, the only thing you need to do is provide the companies a bit of rating information like your education level, if the car is leased, if you are currently licensed, and daily mileage. Your insurance information is instantly provided to insurance companies and you will get price comparisons instantly.

If you would like to start a quote now, click here then complete the form.

Misconceptions in auto insurance advertisements

State Farm and Allstate consistently run television and radio advertisements. All the ads make the point that drivers can save some big amount after switching your coverage to them. How is it possible that every company can make the same claim? Here is the trick they use.

Many companies quote their best rates for the type of driver that will most likely be profitable. An example of this type of insured should be a mature driver, has no prior claims, and drives less than 10,000 miles a year. Any new insured who fits those characteristics will get the preferred car insurance rates and will most likely cut their rates if they switch.

Insureds who do not fit these standards will get a more expensive rate and this results in business not being written. The ad wording is “drivers who switch” not “everybody who quotes” can get the lowest rates when switching. That’s why insurance companies can make claims that they all have the best rates. This really illustrates why you really need to get insurance coverage quotes from several different companies. It is impossible to predict which insurance companies will fit you best based on your risk profile.

Discounts can really help lower premiums

Some insurance providers do not advertise every discount very well, so the next list breaks down some of the more common in addition to some of the lesser obvious discounts that you can inquire about if you buy insurance coverage online. If you do not check that you are getting every discount you qualify for, you could be getting lower rates.

  • Discounts for Responsible Drivers – Insureds who avoid accidents can save as much as half off their rates for Trans Sport insurance than less cautious drivers.
  • Telematics Devices – Drivers that enable companies to study driving patterns by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates as long as the data is positive.
  • Discount for Life Insurance – Insurance coverage companies who offer life insurance give a discounted price on car insurance if you buy a life policy as well.
  • Claim-Free Discount – Insureds with no claims or accidents have much lower rates in comparison with policyholders that have many claims.
  • Resident Student – College-age children living away from home attending college and do not have access to a covered vehicle may be insured at a cheaper rate.
  • Student Discount for Driver Training – It’s a good idea to have your young drivers complete a driver education course as it will make them better drivers and lower rates.
  • Discount for Swiching Early – Some larger companies give discounts for switching companies early. It’s a savings of about 10%.
  • Paperless Signup – Some companies will provide an incentive just for signing your application on their website.

Please keep in mind that most of the big mark downs will not be given the the whole policy. Most cut specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears all those discounts means the company will pay you, you aren’t that lucky.

A list of companies and a partial list of their discounts are detailed below.

  • State Farm discounts include anti-theft, safe vehicle, student away at school, accident-free, and passive restraint.
  • American Family may offer discounts for TimeAway discount, early bird, bundled insurance, air bags, accident-free, defensive driver, and good driver.
  • AAA policyholders can earn discounts including good student, good driver, multi-car, education and occupation, AAA membership discount, multi-policy, and pay-in-full.
  • GEICO includes discounts for good student, multi-vehicle, anti-theft, multi-policy, membership and employees, and air bags.
  • Mercury Insurance may include discounts for age of vehicle, low natural disaster claims, multi-policy, location of vehicle, type of vehicle, and anti-theft.
  • Farmers Insurance offers discounts including mature driver, bundle discounts, homeowner, multi-car, and business and professional.
  • Progressive offers premium reductions for homeowner, online signing, continuous coverage, online quote discount, good student, multi-vehicle, and multi-policy.

Before purchasing a policy, check with every prospective company to give you their best rates. Savings may not be available in your area. To view companies with the best discounts, click this link.

Will just any policy work for me?

When choosing coverage for your vehicles, there isn’t really a “best” method to buy coverage. Every insured’s situation is different so this has to be addressed. These are some specific questions could help you determine if your insurance needs could use an agent’s help.

  • Am I covered if I break a side mirror?
  • Will I lose any money if I cancel my policy before it expires?
  • Does my medical payments coverage pay my health insurance deductible?
  • Do I need special endorsements for business use of my vehicle?
  • What can I do if my company denied a claim?
  • When can my company non-renew my policy?
  • When would I need additional glass coverage?
  • Should I rate my 1994 Pontiac Trans Sport as pleasure use or commute?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is my babysitter covered when using my vehicle?

If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Insurance policy specifics

Understanding the coverages of your policy helps when choosing the best coverages for your vehicles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Below you’ll find the normal coverages found on most insurance policies.

Uninsured or underinsured coverage – This coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your 1994 Pontiac Trans Sport.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive protection – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, theft, hail damage and a broken windshield. The maximum payout your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability coverages – This coverage can cover damage that occurs to other’s property or people in an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

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 liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things such as legal defense fees, bail bonds, loss of income and pain and suffering. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses like prosthetic devices, EMT expenses and ambulance fees. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Collision coverages – Collision coverage covers damage to your Trans Sport caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like rolling your car, colliding with another moving vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to increase the deductible to save money on collision insurance.

More choices the merrier

We just showed you some good ideas how you can lower your 1994 Pontiac Trans Sport insurance premium rates. The most important thing to understand is the more companies you get prices for, the higher your chance of finding cheap insurance coverage. Consumers could even find that the biggest savings come from some of the lesser-known companies. They often have lower prices on specific markets compared to the large companies like Progressive or GEICO.

While you’re price shopping online, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many situations where consumers will sacrifice liability limits or collision coverage only to discover later that the small savings ended up costing them much more. Your focus should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

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