How Much Does 2002 Saturn S-Series Insurance Cost?

I can’t think of a single person who anticipates paying for insurance, especially when they know they could get a better deal.

You have so many insurers to purchase coverage from, and although it’s nice to have multiple companies, more options can take longer to find the best rates.

You should take the time to price shop coverage quite often because prices change quite often. Just because you had the lowest price for S-Series coverage a few years ago you can probably find a better rate now. Block out anything you think you know about insurance because I’m going to let you in on the secrets to one of the quickest ways to save money, get proper deductibles and limits, all at the lowest rate.

How to find low cost insurance coverage

Most of the larger companies allow you to get price estimates on the web. Getting online rates is fairly simple as you just enter your coverage information into the form. Once you submit the form, their rating system automatically orders your credit score and driving record and generates a price. Online price quotes makes it a lot easier to compare rates but the process of having to visit several different sites and complete many quote forms can get tiresome after awhile. But it’s very important to do this in order to find better insurance coverage pricing.

Rate comparisons made easy

A more efficient way to lower your rates is to use a quote form that gets price quotes from several different companies. This type of form saves time, reduces the work, and makes comparison shopping much simpler. As soon as the form is sent, it is quoted and you are able to buy any or none of the quote results.

If the quotes result in lower rates, it’s easy to complete the application and purchase the new policy. The entire process can be completed in less than 10 minutes and you will find out if you’re overpaying now.

To quickly compare rates using this form now, click here to open in new window and submit the form. If you have your current policy handy, we recommend you enter your coverages just like they are on your policy. Doing this assures you’re receiving rate comparison quotes using the exact same coverages.

Find discounts to get cheap car insurance quotes

Not many people think insurance is cheap, but there could be significant discounts that you may not even know about. Certain reductions will be credited at the time of purchase, but occassionally some discounts must be specially asked for before you get the savings.

  • Distant College Student Discount – Children who are enrolled in higher education away from home and won’t have access to an insured vehicle can be insured at a reduced rate.
  • Life Insurance – Not all companies offer life insurance, but some may give you a small discount if you purchase a life insurance policy as well.
  • Claim-Free Discount – Insureds with no claims or accidents have much lower rates as compared to bad drivers.
  • Early Switch Discount – A few companies give discounts for signing up prior to your current policy expiring. The savings is around 10%.
  • Smart Student Discounts – Excelling in school may save you up to 25%. Many companies even apply the discount to college students well after school through age 25.
  • Safety Restraint Discount – Requiring all passengers to buckle up before driving may be able to save a few bucks on the medical payments or PIP coverage costs.

Drivers should understand that some of the credits will not apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as collision or personal injury protection. Even though it appears you could get a free car insurance policy, companies don’t profit that way. Any amount of discount should help lower your premiums.

Large car insurance companies and their possible discounts are detailed below.

  • 21st Century has savings for driver training, anti-lock brakes, homeowners, teen driver, and theft prevention.
  • Progressive policyholders can earn discounts including homeowner, online quote discount, continuous coverage, multi-policy, and multi-vehicle.
  • State Farm has discounts for accident-free, driver’s education, good student, student away at school, safe vehicle, Steer Clear safe driver discount, and anti-theft.
  • Nationwide may have discounts that include anti-theft, defensive driving, multi-policy, good student, accident-free, and family plan.
  • Esurance includes discounts for paid-in-full, DriveSense, online shopper, multi-policy, good driver, and anti-theft.
  • The Hartford offers discounts for anti-theft, air bag, good student, bundle, driver training, and defensive driver.

It’s a good idea to ask every insurance company to give you their best rates. Some credits might not be offered in your area. For a list of insurance companies with the best discounts, click here to view.

Tailor your insurance coverage coverage to you

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions may help you determine if your insurance needs would benefit from professional advice.

  • Can I afford to buy a different vehicle if my 2002 Saturn S-Series is totaled?
  • Why am I required to buy high-risk coverage?
  • How much can I save by bundling my policies?
  • Am I covered if I hit my neighbor’s mailbox?
  • What can I do if my company won’t pay a claim?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Am I covered when driving a rental car?
  • Do I pay less if my vehicle is kept in my garage?
  • What is the rate difference between pleasure use and commuting?
  • Should I buy additional glass protection?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.

Saturn S-Series insurance price factors

Many factors are used when pricing auto insurance. Some of the criteria are obvious such as traffic violations, but some are more transparent such as your credit history or your commute time.A large part of saving on insurance is knowing some of the elements that help calculate the rates you pay for insurance. If you have some idea of what impacts premium levels, this enables informed choices that may result in lower rates.

  • Limits of liability coverage – Liability insurance will afford coverage in the event that a court rules you are at fault for personal injury or accident damage. Liability provides legal defense starting from day one. Liability is cheap compared to other policy coverages, so insureds should have plenty of protection for their assets.
  • Traffic violations hurt – Careful drivers pay less for auto insurance as compared to careless drivers. Even one chargable violation may cause rates to rise to the point where it’s not affordable. Drivers who have received dangerous violations such as DUI or willful reckless driving are required to prove financial responsibility with their state’s department of motor vehicles in order to prevent their license from being revoked.
  • Premiums are affected by your credit rating – An insured’s credit score will be a significant factor in your rate calculation. If your credit rating is lower than you’d like, you may save money insuring your 2002 Saturn S-Series by taking the time to improve your credit score. Insureds with excellent credit tend to be less risk to insure as compared to drivers with lower ratings.
  • Premiums drop with age – Older, more experienced drivers tend to be more responsible, are lower risk to insure , and are generally more financially stable.Inexperience drivers are statistically shown to be careless and easily distracted when driving so they pay higher insurance rates.
  • Drive lots and pay more – The more you drive every year the more it will cost to insure it. A lot of companies charge to insure your cars based on how the vehicle is used. Cars left parked in the garage receive better premium rates compared to those used for work or business. Ask your agent if your insurance coverage is rated on how each vehicle is driven. Incorrect rating for your S-Series is throwing money out the window.
  • Never let your insurance policy expire – Having an insurance coverage lapse is a fast way to bump up your insurance costs. And not only will your rates increase, the inability to provide proof of insurance may result in a steep fine or even jail time.
  • Occupation and insurance premiums – Did you know your occupation can influence how much you pay for insurance? Occupations like military generalsair traffic controllers and emergency personnel usually pay the highest average rates attributed to intense work situations and lots of time spent at work. On the flip side, careers like farmers, students and homemakers pay the least for S-Series coverage.

The auto insurance bait and switch

Auto insurance companies such as Allstate, GEICO and Progressive consistently run television, radio, and online ads. They all say the same thing about how much you will save if you change to them. How do they all save you money? Here is how they do it.

Insurance companies can use profiling for the type of customer that is profitable for them. An example of a profitable insured might be over age 30, insures multiple vehicles, and drives a vehicle with a low ISO rating. Anyone that matches those criteria will get very good rates as well as save money with a new company.

Potential customers who cannot meet these stringent criteria may receive a higher rate and the prospect going elsewhere. If you pay attention, the ads say “drivers that switch” not “everybody who quotes” will save that much if they switch. That is how companies can truthfully lure you into getting a quote.

Different companies use different criteria so you should compare price quotes frequently. Because without a comparison, you cannot know which auto insurance company will give you the biggest savings.

Auto insurance coverage specifics

Learning about specific coverages of your auto insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. These are the usual coverages available from auto insurance companies.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage reimburse you for expenses for things like ambulance fees, EMT expenses, hospital visits and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Auto liability insurance – Liability coverage can cover injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as repair costs for stationary objects, medical expenses and pain and suffering. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Collision coverage – This will pay to fix damage to your S-Series resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims like crashing into a ditch, colliding with another moving vehicle and backing into a parked car. This coverage can be expensive, so consider removing coverage from older vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and damage to your Saturn S-Series.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Usually these limits are similar to your liability insurance amounts.

Comprehensive insurance – Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like fire damage, damage from getting keyed and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

And the best car insurance company is…

As you restructure your insurance plan, never reduce coverage to reduce premium. There have been many cases where someone sacrificed physical damage coverage only to find out they didn’t purchase enough coverage. Your strategy should be to buy enough coverage at the best price but still have enough coverage for asset protection.

There are still a few companies who may not have online rate quotes and many times these regional carriers sell through independent agencies. Budget-conscious 2002 Saturn S-Series insurance is available on the web and with local insurance agents, so compare prices from both in order to have the best chance of saving money.

Much more information about insurance can be found on the following sites: