Cheap 1998 Oldsmobile Silhouette Car Insurance Rates

Trying to find better car insurance rates for your Oldsmobile Silhouette? Being forced to pay for pricey car insurance premiums can draw down your budget and force you to make sacrifices. Doing a price comparison is an excellent way to lower your bills every month.

There are many car insurance companies to choose from, and even though it’s nice to have multiple companies, too many choices makes it more difficult to find a good deal.

You should take the time to shop coverage around yearly because insurance prices trend upward over time. Just because you had the lowest rates for Silhouette insurance last year you will most likely find a better premium rate today. There is lot of inaccurate information about car insurance on the internet, but by reading this article, you’re going to learn some of the best ways to find affordable car insurance.

Finding the best rates is not that difficult. If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using these techniques. Nevertheless, car owners must know how the larger insurance companies market insurance on the web and take advantage of how the system works.

Why you might pay inflated rates

When buying insurance it’s important to understand the rating factors that help determine your insurance rates. When you know what positively or negatively determines premiums, this helps enable you to make changes that may result in lower insurance prices. Multiple criteria are used in the calculation when you get a price on insurance. Most are fairly basic such as your driving history, but others are not quite as obvious like where you live or your commute time.

  • Cheaper rates by combining – Some companies apply better rates to buyers that have more than one policy. It’s known as a multi-policy discount. The amount of the discounts can be anywhere from five to ten percent in most cases. Even with this discount applied, you still need to compare rates to ensure the best deal.
  • Theft deterrents lower insurance rates – Driving a car with advanced anti-theft systems can help lower your premiums. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help prevent car theft and help bring rates down.
  • High deductibles cost less – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers damage that occurs to your Oldsmobile. Some examples of covered claims would be a broken side mirror, hail damage, and having your car stolen. The deductibles are how much you are willing to pay out-of-pocket if a claim is determined to be covered. The more money you’re willing to pay, the less money you will pay for insurance for Silhouette insurance.
  • Add-on coverages push up rates – There are quite a few extra bells and whistles that you can buy if you aren’t diligent. Coverages like roadside assistance, death and dismemberment, and motor club memberships are examples of these. These coverages may sound good when you first buy your policy, but if you’ve never needed them in the past eliminate them to save money.
  • Do you know you’re credit score? – Having a bad credit score is a large factor in your rate calculation. Therefore, if your credit rating can use some improvement, you could potentially save money when insuring your 1998 Oldsmobile Silhouette if you improve your credit rating. Drivers with very high credit ratings tend to be more responsible than drivers with lower credit scores.
  • Gals tend to cost less – Statistics have proven that females tend to be a little less risky than males. The data does not necessarily mean that females are better drivers. Women and men cause fender benders at about the same rate, but the male of the species cause more damage. Men also tend to get more serious tickets such as reckless driving.

Cheap car insurance quotes

There are a variety of methods to shop for car insurance, but there is one way that is less time-consuming than others. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you can stay home and use online quotes to accomplish the same thing much quicker.

Many of the larger companies are enrolled in a marketplace where insurance shoppers enter their policy data once, and every company provides a quote based on that data. This eliminates the need for repetitive form submissions for every car insurance company.

To find out what other companies charge click here to start a free quote.

The one disadvantage to comparing rates this way is you are unable to specify which providers you want to price. So if you prefer to pick specific providers to request quotes from, we have a listing of companies who write car insurance in your area. Click to view list.

Whichever method you choose, make sure you use the exact same quote data with every price quote. If you use differing limits it’s not possible to get a fair rate comparison. Quoting even small variations in insurance coverages may result in large price differences. Just remember that comparing more rates from different companies will enable you to find lower pricing.

Auto insurance rates and discounts

Companies offering auto insurance don’t list every possible discount in a way that’s easy to find, so the below list has some of the more common and the more hidden ways to save on auto insurance.

  • Online Discount – A handful of auto insurance companies give back up to $50 just for signing your application online.
  • Discounts for Responsible Drivers – Accident-free drivers can pay as much as 50% less for Silhouette insurance as compared to drivers with claims.
  • Seat Belt Usage – Requiring all passengers to buckle up before driving can save a little off the PIP or medical payment premium.
  • Buy New and Save – Buying auto insurance coverage on a new vehicle can get you a discount because new vehicles have to meet stringent safety requirements.
  • Drivers Ed for Students – Teen drivers should enroll in driver’s education in school.
  • Lower Rates for Military – Being deployed with a military unit may lower your rates slightly.
  • Memberships – Belonging to a qualifying organization could earn you a nice discount when shopping for auto insurance.
  • Early Payment Discounts – If you pay your bill all at once rather than paying in monthly installments you could save up to 5%.
  • More Vehicles More Savings – Purchasing coverage when you have more than one vehicle on the same auto insurance policy qualifies for this discount.

Just know that most discount credits are not given the the whole policy. Most only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates you could get a free auto insurance policy, it doesn’t quite work that way.

The best auto insurance companies and some of the discounts are detailed below.

  • State Farm may include discounts for good student, defensive driving training, passive restraint, accident-free, good driver, student away at school, and Drive Safe & Save.
  • Farmers Insurance policyholders can earn discounts including distant student, pay in full, teen driver, mature driver, early shopping, multi-car, and homeowner.
  • Progressive offers premium reductions for homeowner, multi-policy, multi-vehicle, continuous coverage, and online quote discount.
  • GEICO includes discounts for anti-theft, membership and employees, seat belt use, good student, and anti-lock brakes.
  • Auto-Owners Insurance may offer discounts for mature driver, safe driver, multi-policy, paid in full, group or association, safe vehicle, and paperless.
  • The Hartford offers discounts including driver training, good student, air bag, defensive driver, and bundle.
  • Farm Bureau has savings for good student, safe driver, multi-policy, driver training, renewal discount, and youthful driver.
  • USAA may have discounts that include multi-vehicle, good student, loyalty savings, family discount, military installation, and driver training.

Before you buy a policy, ask each insurance company the best way to save money. Discounts might not apply in your area. If you would like to see a list of insurance companies that offer many of these discounts, click this link.

Situations that may require an agent’s advice

When it comes to choosing adequate coverage for your personal vehicles, there really is not a single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that. For example, these questions could help you determine whether you would benefit from professional advice.

  • Is business equipment covered while in my vehicle?
  • Can my babysitter drive my car?
  • Is my trailer covered?
  • Do I have coverage when using my vehicle for my home business?
  • Do I have coverage if my license is suspended?
  • Does my 1998 Oldsmobile Silhouette need full coverage?
  • When would I need additional glass coverage?
  • Is motorclub coverage worth it?
  • Why does it cost so much to insure a teen driver?
  • What if I total my 1998 Oldsmobile Silhouette and owe more than it’s worth?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Educate yourself about car insurance coverages

Learning about specific coverages of a car insurance policy helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages found on the average car insurance policy.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive coverages

Comprehensive insurance will pay to fix 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 protects against claims like damage from a tornado or hurricane, damage from getting keyed, vandalism, a broken windshield and a tree branch falling on your vehicle. The highest amount your car insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability coverages

Liability coverage protects you from damage that occurs to other’s property or people that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability insurance covers things such as pain and suffering, medical services, loss of income and legal defense fees. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like dental work, hospital visits, doctor visits, surgery and prosthetic devices. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Collision coverage

This covers damage to your Silhouette resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims like colliding with another moving vehicle, scraping a guard rail and crashing into a ditch. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

Saving money makes a lot of cents

As you quote auto insurance, it’s not a good idea to buy less coverage just to save a little money. In many cases, an accident victim reduced collision coverage and found out when filing a claim they didn’t have enough coverage. Your objective should be to purchase plenty of coverage at the best price but still have enough coverage for asset protection.

We’ve covered some good ideas how you can compare 1998 Oldsmobile Silhouette insurance prices online. The key thing to remember is the more times you quote, the better chance you’ll have of finding low cost auto insurance. Consumers could even find that the lowest prices are with a lesser-known regional company. Smaller companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate or State Farm.

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