2002 Pontiac Grand Am Insurance Rates

Are you overwhelmed by the sheer number of insurance coverage choices available to you? There are so many choices available that it can be a chore to find the best prices.

Finding insurance

To find the best insurance rates, there are several ways of comparing rates from many available insurance companies in your state. One of the best ways to find cheaper 2002 Pontiac Grand Am rates consists of shopping online. This can be done in a couple minutes as outlined below.

  • Experts agree that the best way to get the best comparison quotes would be an industry-wide quote request form click here to open form in new window. This form prevents you from having to do separate quote forms to each individual insurance company. One form gets prices estimates from all major companies. It’s the fastest way to compare.
  • A harder way to obtain and compare quotes online is spending the time to visit each individual company website and complete a new quote form. For examples sake, we’ll pretend you want to compare prices for Liberty Mutual, Allstate and GEICO. In order to compare rates, you need to visit each site to enter your coverage information, which is why first method is reommended.

    For a list of links to companies insuring cars in your area, click here.

  • The most difficult way to find and compare rates is calling or driving to insurance agents’ offices. The ability to buy insurance online makes this unnecessary unless your situation requires the professional guidance of a local agent. Some companies do allow you to comparison shop your insurance online but buy the policy through an agent.

The approach you take is up to you, just ensure you are comparing the exact same information on every quote you get. If you are comparing different values for each quote it will be impossible to determine the best price for your Pontiac Grand Am. Just slight variations in limits could skew the results. And when comparison shopping, comparing a large number of companies helps you find lower pricing.

Save with these discounts

Not many people think insurance is cheap, but companies offer discounts that may help make it more affordable. Certain reductions will be credited at the time you complete a quote, but once in a while a discount must be requested specifically before you will receive the discount.

  • Sign Early and Save – Some companies reward drivers for buying a policy prior to your current policy expiration. The savings is around 10%.
  • New Car Discount – Putting coverage on a new car can cost up to 25% less compared to insuring an older model.
  • Own a Home and Save – Just owning your own home can save you money since owning and maintaining a home requires personal responsibility.
  • Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a discounted auto insurance rate on car insurance if you buy life insurance.
  • Club Memberships – Being in a professional or civic organization could earn you a nice discount on your next renewal.
  • Waiver for an Accident – Not a discount per se, but a handful of insurance companies may permit one accident without getting socked with a rate hike if you have no claims before the accident.

You can save money using discounts, but some of the credits will not apply to the entire cost. The majority will only reduce individual premiums such as collision or personal injury protection. Even though the math looks like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

Larger auto insurance companies and a partial list of their discounts include:

  • State Farm may offer discounts for good student, multiple autos, driver’s education, safe vehicle, and Steer Clear safe driver discount.
  • Esurance offers discounts including claim free, homeowner, multi-policy, anti-theft, Pac-12 alumni, and paid-in-full.
  • Progressive offers discounts for homeowner, multi-policy, continuous coverage, multi-vehicle, good student, and online quote discount.
  • Liberty Mutual has savings for safety features, new vehicle discount, preferred payment discount, newly retired, hybrid vehicle, and multi-policy.
  • Auto-Owners Insurance has discounts for mature driver, good student, paperless, safe driver, and safe vehicle.
  • GEICO may include discounts for five-year accident-free, driver training, membership and employees, daytime running lights, federal employee, and air bags.

Before buying, ask each company or agent which discounts you qualify for. All car insurance discounts might not be offered on policies in your state. To choose insurers offering auto insurance discounts, follow this link.

Special considerations

When it comes to buying coverage, there really is not a one size fits all plan. Everyone’s situation is unique.

Here are some questions about coverages that might help in determining if your situation might need an agent’s assistance.

  • Am I covered if hit by an uninsured driver?
  • Am I covered when pulling a rental trailer?
  • Does my car insurance cover rental cars?
  • Do I need replacement cost coverage on my 2002 Pontiac Grand Am?
  • Is my teenager covered with friends in the car?
  • What is PIP insurance?
  • Do I need motorclub coverage?
  • Does coverage extend to Mexico or Canada?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form.

Specifics of your insurance policy

Knowing the specifics of your insurance policy helps when choosing which coverages you need for your vehicles. Insurance terms can be difficult to understand and coverage can change by endorsement.

Comprehensive coverage

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hail damage, a broken windshield and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as pain medications, prosthetic devices, rehabilitation expenses and surgery. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like sideswiping another vehicle, sustaining damage from a pot hole, crashing into a ditch and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Liability auto insurance

Liability insurance will cover damage or injury you incur to people or other property. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 which means 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 pays for claims like loss of income, repair bills for other people’s vehicles and repair costs for stationary objects. How much coverage you buy is up to you, but you should buy as much as you can afford.

Best coverage at the best price

As you prepare to switch companies, it’s a bad idea to buy poor coverage just to save money. There are too many instances where an insured dropped uninsured motorist or liability limits only to regret at claim time that their decision to reduce coverage ended up costing them more. Your objective should be to get the best coverage possible at the best price while not skimping on critical coverages.

Affordable 2002 Pontiac Grand Am insurance can be purchased on the web and from local insurance agents, so you should be comparing quotes from both so you have a total pricing picture. There are still a few companies who may not offer price quotes online and these smaller companies only sell through independent agencies.

Drivers who switch companies do it for many reasons like poor customer service, lack of trust in their agent, being labeled a high risk driver or delays in paying claims. It doesn’t matter what your reason, finding a great new company is pretty easy and you might even save some money in the process.

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