Save on 2002 Pontiac Grand Prix Insurance Quotes

Looking for cheaper insurance coverage rates for your Pontiac Grand Prix? No one looks forward to paying premiums for insurance coverage, especially knowing the cost is too high. You have multiple auto insurance companies to pick from, and though it is a good thing to have a selection, it can be more difficult to get the best deal.

It is always a good idea to do price comparisons quite often since prices change frequently. Just because you found the lowest rate for Grand Prix insurance six months ago a different company probably has better premium rates today. Ignore everything you know about insurance coverage because you’re about to find out one of the best ways to buy cheaper insurance coverage.

Shopping for the cheapest protection is easy if you know what you’re doing. If you have insurance now or need a new policy, you can learn to reduce the price you pay while maximizing coverage. Consumers just need to know the proper way to compare company rates over the internet.

How much is insurance?

All major insurance companies like Progressive, Allstate and GEICO allow consumers to get coverage price quotes direct online. Getting prices online is fairly straightforward as all you need to do is type in the coverages you want into the form. After you complete the form, the company’s rating system automatically retrieves your credit score and driving record and provides a quote based on these and other factors. This makes it a lot easier to compare rates but the process of having to visit multiple sites and complete many quote forms gets old quite quickly. But it’s very important to compare as many rates as possible in order to get the best price on insurance.

The better way to compare rates

The preferred way to get multiple rate quotes uses one simple form that analyzes rates from a lot of companies. The form is fast, requires much less work on your part, and makes online quotes much easier. As soon as the form is sent, it is quoted and you can choose any or none of the quotes that you receive.

If a lower price is quoted, you can click and sign and buy the new coverage. This process only takes a few minutes and can result in significant savings.

To find out how much you’re overpaying now, click here to open in new window and input your coverage information. If you have your current policy handy, we recommend you complete the form with the insurance coverages identical to your current policy. This guarantees you are getting comparison quotes using the exact same coverages.

Earn discounts to get lower-cost auto insurance rates

Some insurers do not list every policy discount in a way that’s easy to find, so the list below gives a summary of both the well known in addition to some of the lesser obvious discounts you could be receiving when you buy auto insurance online.

  • More Vehicles More Savings – Drivers who insure all your vehicles with one company can get a discount for every vehicle.
  • Anti-theft Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems are stolen with less frequency and can earn a small discount on your policy.
  • No Accidents – Drivers with accident-free driving histories pay less compared to accident-prone drivers.
  • Home Ownership Discount – Owning a house can save you money because owning a home is proof that your finances are in order.
  • Full Payment Discount – If you pay your bill all at once rather than paying in monthly installments you may have a lower total premium amount.
  • Onboard Data Collection – Insureds that choose to allow driving data collection to spy on when and where they use their vehicle by using a small device installed in their vehicle such as Snapshot from Progressive or Drivewise from Allstate could save a few bucks if their driving habits are good.
  • Air Bag Discount – Factory options such as air bags and/or automatic seat belt systems can get savings of 20 to 30 percent.
  • Defensive Driver – Participating in a course teaching safe driver skills could save 5% or more if your company offers it.
  • Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase life insurance.
  • Anti-lock Brake Discount – Vehicles with ABS braking systems or traction control can stop better under adverse conditions so you can save 10 percent or more.

As a sidenote, many deductions do not apply to the entire cost. Most only cut specific coverage prices like collision or personal injury protection. If you do the math and it seems like adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

Some of the insurance companies that may include these discounts include:

When comparing rates, check with each company or agent how many discounts you can get. Some of the discounts discussed earlier might not apply in your state. If you would like to view companies with the best discounts, click here to view.

Tailor your auto insurance coverage to you

When choosing proper insurance coverage for your personal vehicles, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions could help you determine whether or not you might need professional guidance.

  • Can I afford to pay high deductible claims out of pocket?
  • Do I get a pro-rated refund if I cancel my policy early?
  • How high should my uninsured/underinsured coverage be in my state?
  • When should my teen driver be added to my policy?
  • Will filing a claim cost me more?
  • Are there companies who specialize in insuring high-risk drivers?
  • If I drive on a suspended license am I covered?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of auto insurance companies in your area. It is quick, free and may give you better protection.

Seven things that impact your insurance rates

One of the most helpful ways to save on auto insurance is to to have a grasp of some of the elements that come into play when calculating the level of your policy premiums. If you have a feel for what determines premiums, this helps enable you to make changes that could result in lower premium levels.

  • Additional coverages that may be costing you – There are quite a few extra coverages you can purchase when buying auto insurance. Coverages like coverage for rental cars, better glass coverage, and additional equipment coverage are examples of these. You may think they are a good idea when discussing your needs, but if you’ve never needed them in the past get rid of them and save.
  • Older drivers are lower risk – Teen drivers are proven to be inattentive and easily distracted with other occupants in the car and because of this, their auto insurance rates are much higher. Adding a beginning driver to your policy can break the bank. Older insureds are more cautious drivers, cost insurance companies less in claims and get fewer tickets.
  • Higher auto insurance rates for tough employers – Did you know your occupation can influence how much you pay for auto insurance? Careers such as doctorsair traffic controllers and stock brokers usually pay the highest rates in part from intense work requirements and incredibly demanding work hours. Conversely, careers like farmers, students and performers have lower than average premiums for Grand Prix insurance.
  • Drivers with excellent credit save – A driver’s credit score can be an important factor in determining your rates. Consumers who have very high credit ratings tend to file fewer claims and have better driving records than those with lower ratings. So if your credit is low, you may save money insuring your 2002 Pontiac Grand Prix by improving your credit score.
  • Premiums increase with driving tickets – Whether or not you get tickets has a lot to do with how much you pay for insurance. Having just one speeding ticket may cause rates to rise by twenty percent. Drivers with clean records pay less for auto insurance than people who have multiple driving citations. Drivers who get careless violations such as hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to continue driving.
  • Your car’s features help determine premiums – Choosing a vehicle that has a built-in theft deterrent system can help bring down rates. Systems that thwart theives like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your vehicle from being stolen.
  • Do you have enough liability coverage? – Your policy’s liability coverage will afford coverage if ever you are determined to be liable for damages from an accident. This coverage provides for a legal defense starting from day one. This coverage is very inexpensive compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.

Advertising and insurance

Drivers can’t get away from all the ads that promise big savings for switching by companies like Progressive, Allstate and GEICO. All the ads seem to make the promise that you can save if you just switch your policy.

But how can every company make the same claim? Just pay attention to how they say it.

All companies have underwriting criteria for the right customer they prefer to insure. An example of a preferred risk could be a married female, owns their home, and drives a safe vehicle. Anybody who fits that profile will get a cheap rate quote and have a good chance to cut their rates substantially.

People who don’t measure up to the requirements will see a higher premium and ends up with the customer buying from a different company. The ads say “drivers who switch” not “all people who quote” can get the lowest rates when switching. This is how companies can truthfully make those claims.

Because of these techniques, you really should compare quotes as often as possible. It’s impossible to know which insurance companies will have the lowest rate quotes.

Car insurance coverage basics

Having a good grasp of your car insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. These are the normal coverages available from car insurance companies.

Comprehensive (Other than Collision)

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

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, hail damage, vandalism and damage from flooding. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical expense insurance

Medical payments and Personal Injury Protection insurance pay for expenses such as dental work, prosthetic devices, pain medications and nursing services. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Protection from uninsured/underinsured drivers

This protects you and your vehicle from other motorists when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Pontiac Grand Prix.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability car insurance

This coverage can cover injuries or damage you cause to other people or property in an accident. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims like repair bills for other people’s vehicles, pain and suffering, emergency aid and funeral expenses. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Collision insurance

Collision insurance will pay to fix damage to your Grand Prix from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like hitting a parking meter, backing into a parked car and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.

Coverage on a shoestring budget

Cheaper 2002 Pontiac Grand Prix insurance is attainable from both online companies in addition to many insurance agents, so you should compare both to have the best chance of lowering rates. Some companies may not offer internet price quotes and these smaller providers work with local independent agents.

When you buy auto insurance online, you should never skimp on coverage in order to save money. There have been many cases where drivers have reduced uninsured motorist or liability limits only to regret at claim time that it was a big error on their part. Your focus should be to find the BEST coverage at a price you can afford, not the least amount of coverage.

Additional information is available below: