1995 Pontiac Grand Am Insurance Rates – 9 Policy Discounts

Want better car insurance rates? Drivers have many options when trying to find the best price on Pontiac Grand Am insurance. You can either waste hours calling around getting price quotes or utilize the internet to get rate quotes.

There is a right way and a wrong way to compare car insurance rates and you need to know the proper way to get price quotes for a Pontiac and obtain the cheapest rates.

Car insurance policy discounts

Some providers don’t necessarily list every policy discount in a way that’s easy to find, so the list below contains a few of the more well known and also the lesser-known ways to save on car insurance.

  • Seat Belt Usage – Requiring all passengers to buckle up before driving could save 15% off the PIP or medical payment premium.
  • Auto/Home Discount – If you have multiple policies with the same company you will save at least 10% off all policies.
  • Clubs and Organizations – Affiliation with a professional or civic organization could earn you a nice discount on your bill.
  • Drive Less and Save – Low annual miles could earn cheaper premium rates.
  • Anti-lock Brakes – Cars, trucks, and SUVs with ABS braking systems or traction control can reduce accidents so companies give up to a 10% discount.
  • Telematics Devices – Drivers who agree to allow driving data submission to scrutinize where and when they drive by using a telematic data system like Allstate’s Drivewise could see a rate decrease if they are good drivers.
  • Save with More Vehicles Insured – Having more than one vehicle with the same company can get a discount on all vehicles.
  • Distant Student Discount – Any of your kids who live away from home to go to college and do not have a car could get you a discount.
  • Multi-line Discount – Larger companies have lower premium rates if you buy some life insurance too.

Don’t be shocked that some of the credits will not apply to the entire policy premium. Most only reduce individual premiums such as medical payments or collision. Even though it appears it’s possible to get free car insurance, it’s just not the way it works. Any qualifying discounts will help reduce your premiums.

A few of the larger companies and a selection of discounts can be found below.

  • Farm Bureau may include discounts for renewal discount, multi-policy, multi-vehicle, safe driver, youthful driver, driver training, and good student.
  • MetLife has savings for accident-free, good driver, good student, claim-free, and defensive driver.
  • Progressive policyholders can earn discounts including multi-policy, multi-vehicle, continuous coverage, good student, online signing, and online quote discount.
  • AAA includes discounts for AAA membership discount, pay-in-full, multi-policy, anti-theft, good driver, and good student.
  • American Family discounts include defensive driver, good driver, Steer into Savings, accident-free, air bags, and bundled insurance.
  • GEICO offers premium reductions for five-year accident-free, military active duty, air bags, anti-lock brakes, and seat belt use.
  • State Farm has discounts for good student, Drive Safe & Save, multiple autos, student away at school, and safe vehicle.

Check with all companies you are considering the best way to save money. Savings may not apply to policies in your area. If you would like to view providers who offer discounts, click this link.

How do I know if I need professional advice?

When buying coverage, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that can aid in determining whether your personal situation would benefit from professional advice.

  • Should I buy full coverage?
  • Where can I get insurance after a DUI in my state?
  • How high should my medical payments coverage be?
  • How can I find cheaper teen driver insurance?
  • Is upholstery damage covered by car insurance?
  • Does my medical payments coverage pay my health insurance deductible?
  • Is rental equipment covered for theft or damage?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Insurance coverage basics

Understanding the coverages of your policy can be of help when determining the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Comprehensive or Other Than Collision – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as falling objects, rock chips in glass and hail damage. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for liability – Liability coverage provides protection from damage or injury you incur to a person or their property by causing an accident. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as funeral expenses, medical services, pain and suffering, loss of income and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your 1995 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 very important. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for nursing services, prosthetic devices, funeral costs, pain medications and dental work. The coverages 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 as well as if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and may carry a deductible

Collision – This will pay to fix damage to your Grand Am from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like crashing into a ditch, driving through your garage door, scraping a guard rail, colliding with a tree and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Feed the piggy bank

As you go through the steps to switch your coverage, never skimp on coverage in order to save money. In too many instances, an accident victim reduced liability coverage limits and learned later that it was a big mistake. The aim is to find the BEST coverage at the best price, but do not sacrifice coverage to save money.

Insureds leave their current company for a number of reasons such as not issuing a premium refund, high prices, poor customer service and even extreme rates for teen drivers. It doesn’t matter why you want to switch choosing a new company is actually quite simple.

There are still a few companies who may not have online rate quotes and usually these small insurance companies provide coverage only through local independent agents. Budget-friendly car insurance can be purchased on the web and from local insurance agents, so you should compare both so you have a total pricing picture.

Much more information about car insurance is located below: