1998 Pontiac Grand Am Car Insurance Quotes

Want lower insurance coverage rates for your Pontiac Grand Am? Did a good deal turn into an overpriced insurance coverage policy? It’s a common feeling and there are many consumers feeling the pinch from expensive insurance coverage. With consumers having so many choices of insurance companies, it can be impossible to pick the cheapest insurance company.

It’s a great practice to compare premium rates at least once a year because insurance coverage rates are constantly changing. Even if you got the lowest rate on Grand Am coverage at your last renewal you will most likely find a better price today. There is a lot of bad advice regarding insurance coverage on the web, but by reading this article, you’re going to learn some excellent ideas to lower your insurance coverage rates.

Don’t overlook these insurance discounts

Not too many consumers would say insurance is affordable, but companies offer discounts to help bring down the price. Some discounts apply automatically when you purchase, but some need to be specially asked for in order for you to get them.

  • Passive Restraint Discount – Cars that have air bags or automatic seat belts could see savings of more than 20%.
  • Auto/Home Discount – If you have multiple policies with the same company you may earn up to 20% off your total premium.
  • Homeowners Pay Less – Being a homeowner can get you a discount since home ownership is proof of financial responsibility.
  • Membership in Organizations – Participating in certain professional organizations can get you a small discount on your next renewal.
  • College Student Discount – Youth drivers who live away from home to go to college and don’t have a car could qualify for this discount.
  • Include Life Insurance and Save – Insurance companies who offer life insurance give a lower price if you buy a life insurance policy as well.
  • Employee of Federal Government – Active or former government employment could provide a small rate reduction on Grand Am coverage with a few insurance companies.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and will qualify for a discount on a insurance coverage quote.
  • Discount for Swiching Early – Select larger companies give a discount for switching policies before your current coverage expires. You can save around 10% with this discount.

Keep in mind that most credits do not apply to your bottom line cost. Most cut specific coverage prices like liability, collision or medical payments. Just because you may think having all the discounts means you get insurance for free, it’s just not the way it works.

To view insurance companies that have a full spectrum of discounts, click this link.

Choices you make can impact your insurance costs

Multiple criteria are part of the equation when quoting car insurance. Some factors are common sense such as your driving record, but other factors are not quite as obvious such as your credit history and annual miles driven.Consumers need to have an understanding of some of the things that go into determining your premiums. If you have a feel for what determines premiums, this enables you to make decisions that could result in big savings.

The itemized list below are some of the factors that factor into your rate level.

  • Your address can modify price – Being located in a small town has it’s advantages when buying insurance. Drivers who live in large cities regularly have much more traffic and much longer commute distances. Lower population means reduced accidents.
  • Tickets can be expensive – Careful drivers tend to pay less for car insurance than their less careful counterparts. Getting just one speeding ticket can increase rates twenty percent or more. Drivers who have gotten severe violations such as reckless driving or DUI may be required to file a proof of financial responsibility form (SR-22) with their state’s department of motor vehicles in order to prevent their license from being revoked.
  • High physical damage deductibles cost less – Physical damage coverage, also called ‘full coverage’, helps pay for damage to your vehicle. Examples of some claims that would be covered are running into the backend of another car, flood damage, and having your car stolen. The deductibles you choose tell how much you are willing to pay in the event of a claim. The more money the insured has to pay upfront, the less money you will pay for insurance on Grand Am coverage.
  • Liability limits should be high – Your policy’s liability coverage kicks in if ever a jury decides you are liable for causing personal injury or damage in an accident. Liability provides legal defense coverage up to the limits shown on your policy. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
  • Gender and auto insurance costs – The statistics show that females take fewer risks when driving. The data does not necessarily mean that males are worse at driving than females. Males and females are in accidents in similar numbers, but guys cause more damage and cost insurance companies more money. Men also get ticketed for serious violations such as DWI and reckless driving.
  • Safety ratings are a factor – Vehicles with good safety scores are cheaper to insure. These vehicles result in less severe injuries and fewer serious injuries means your insurance company pays less and more competitive rates for policyholders. If the Pontiac Grand Am is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Youthful driver insurance premiums – Older insureds are more responsible, statistically cause fewer accidents , and are generally more financially stable.Youthful drivers have been known to be less responsible when at the wheel of a vehicle so they pay higher insurance rates.

When to get professional advice

When buying the right insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different and your policy should reflect that. For example, these questions could help you determine if you would benefit from professional advice.

  • When does my teenage driver need to be added to my policy?
  • Does insurance cover damages from a DUI accident?
  • When would I need rental car insurance?
  • Should I have combined single limit or split liability limits?
  • Is my state a no-fault state?
  • Should I drop comprehensive coverage on older vehicles?
  • What can I do if my company won’t pay a claim?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Specific coverages for a 1998 Pontiac Grand Am

Knowing the specifics of your policy aids in choosing the best coverages for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages offered by auto insurance companies.

Liability coverages

Liability insurance can cover damage or injury you incur to a person or their property by causing an accident. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage protects against claims like medical services, funeral expenses, emergency aid and legal defense fees. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 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 a good idea.

Comprehensive coverage (or Other than Collision)

This covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like hail damage, vandalism and damage from a tornado or hurricane. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto collision coverage

Collision coverage will pay to fix damage to your Grand Am resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as driving through your garage door, crashing into a building, damaging your car on a curb and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Insurance for medical payments

Med pay and PIP coverage reimburse you for bills like ambulance fees, prosthetic devices and pain medications. They can be used in conjunction with a health insurance program or if you do not have health coverage. They cover both the driver and occupants as well as getting struck while a pedestrian. PIP is not universally available and may carry a deductible

Be a Smart Shopper

Some insurance companies do not provide online rate quotes smaller providers only sell through independent insurance agencies. Cheaper 1998 Pontiac Grand Am insurance is attainable online and also from your neighborhood agents, so you should compare both in order to have the best price selection to choose from.

We’ve covered quite a bit of information on how to lower your 1998 Pontiac Grand Am insurance car insurance rates. The key thing to remember is the more price quotes you have, the higher the chance of saving money. Consumers could even find that the lowest car insurance rates are with a smaller regional carrier. Some small companies often have lower premium rates on specific markets compared to the large companies like GEICO and State Farm.

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