View 2003 Saturn L-Series Insurance Quotes

Trying to find lower insurance coverage rates for your Saturn L-Series? When shopping for more affordable insurance, are you frustrated by the crazy number of insurance coverage sources available to you? Many other drivers are as well. People have such a large number of options that it can really be a difficult challenge to find the best rates.

If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using these tips. This information will teach you how to effectively get price quotes and some money-saving tips. But vehicle owners do need to learn the way insurance companies market on the web because it can help you find the best coverage.

How insurance providers calculate Saturn L-Series insurance premiums

Multiple criteria are taken into consideration when pricing auto insurance. Some are obvious like an MVR report, but some are less apparent like where you live or your commute time.

  • Single vs. married – Being married actually saves money on your insurance coverage bill. It demonstrates that you tend to be less irresponsible and it’s statistically proven that being married results in fewer claims.
  • Premiums increase with policy add-ons – Insurance policies have a lot of additional extra coverages that may not really be needed if you aren’t careful. Add-on coverages like vanishing deductibles, towing, and extra equipment coverage are examples of these. They may seem like a good idea when you first buy your policy, but if you have no use for them eliminate the coverages to reduce your premium.
  • Guys tend to take more risk – Over the last 50 years, statistics have shown women are more cautious behind the wheel. That doesn’t necessarily mean that females are better at driving than males. Men and women get in fender benders in similar numbers, but guys tend to have higher claims. Not only are claims higher, but men receive more major tickets such as driving while intoxicated (DWI) or driving recklessly. Male drivers age 16 to 19 are several times more likely to be in an accident so they pay the highest premiums.
  • lapses raise rates – Having a gap between insurance policy dates is a fast way to increase your rates. In addition to paying higher premiums, failure to provide proof of insurance could result in a revoked license or a big fine.

Insurance coverage policy discounts you can’t miss

Car insurance can cost a lot, but you may qualify for discounts to help offset the cost. Certain reductions will be credited when you purchase, but some need to be asked for prior to receiving the credit.

  • Discount for Passive Restraints – Vehicles with factory air bags or motorized seat belts may qualify for discounts of 20% or more.
  • No Accidents – Claim-free drivers have much lower rates as compared to frequent claim filers.
  • Homeowners Discount – Owning a house can help you save on insurance coverage because it shows financial diligence.
  • Senior Citizen Rates – If you qualify as a senior citizen, you can get a discount up to 10% for L-Series coverage.
  • Save with a New Car – Putting coverage on a new car can save up to 30% compared to insuring an older model.
  • Early Renewal Discounts – A few companies offer discounts for buying a new policy prior to your current policy expiration. This discount can save up to 10%.
  • Theft Prevention Discount – Cars and trucks that have factory anti-theft systems prevent vehicle theft and will qualify for a discount on a car insurance quote.
  • Fewer Miles Equal More Savings – Low mileage vehicles could qualify for lower rates due to less chance of an accident.
  • Discounts for Seat Belt Usage – Drivers who require all vehicle occupants to buckle up can save a little off PIP or medical payments premium.
  • Bundled Policy Discount – When you combine your homeowners and auto insurance with one company you may save up to 20% off your total premium.

You can save money using discounts, but most of the big mark downs will not be given to your bottom line cost. Most cut individual premiums such as collision or personal injury protection. So when the math indicates it’s possible to get free car insurance, insurance coverage companies aren’t that generous.

Large insurance coverage companies and some of their more popular discounts are detailed below.

  • Progressive may offer discounts for online quote discount, homeowner, multi-vehicle, good student, and online signing.
  • Farmers Insurance includes discounts for teen driver, good student, pay in full, switch companies, bundle discounts, business and professional, and mature driver.
  • Farm Bureau has savings for 55 and retired, youthful driver, driver training, multi-vehicle, multi-policy, renewal discount, and safe driver.
  • State Farm has discounts for passive restraint, driver’s education, good student, multiple autos, accident-free, Drive Safe & Save, and safe vehicle.
  • GEICO policyholders can earn discounts including daytime running lights, multi-vehicle, five-year accident-free, good student, anti-lock brakes, and air bags.
  • SAFECO may include discounts for drive less, safe driver, homeowner, teen safe driver, and multi-car.
  • Liberty Mutual offers discounts for newly married, new graduate, safety features, teen driver discount, multi-car, exclusive group savings, and new vehicle discount.

When getting a coverage quote, ask every insurance company to apply every possible discount. All car insurance discounts may not be offered in your area.

Insurance advertising tricks

Auto insurance providers like Allstate, GEICO and Progressive regularly use television and radio advertisements. They all advertise claims of big savings if you just switch your auto insurance coverage to their company. But how can every company have lower policy pricing? This is the trick they use.

Insurance companies have strict underwriting profiles for the type of driver that makes them money. For instance, a desirable insured might be described as married and over the age of 30, carries full coverage, and the vehicle is rated for pleasure use. Anybody that hits that “sweet spot” receive the lowest rate quotes and will most likely save a lot if they switch.

Drivers who fall short of these stringent criteria may receive a more expensive rate which usually ends up with the customer not buying. The ads state “customers that switch” but not “everyone who gets a quote” save the amount stated. That’s why companies can truthfully make it sound like they have such great premium rates. Because every company is different, drivers must get car insurance quotes as often as possible. Because you never know which insurance companies will fit your personal profile best.

Insurance agents can help

When it comes to buying the right insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining if your situation might need professional guidance.

  • Is my custom paint covered by insurance?
  • Do I need added coverage for expensive stereo equipment?
  • When should my teen driver be added to my policy?
  • What is covered by UM/UIM coverage?
  • Does my personal policy cover me when driving out-of-state?
  • How high should deductibles be on a 2003 Saturn L-Series?
  • Am I missing any policy discounts?
  • How can I force my company to pay a claim?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do I need replacement cost coverage on my 2003 Saturn L-Series?

If you can’t answer these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form.

Insurance specifics

Having a good grasp of your policy aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as damage to your 2003 Saturn L-Series.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Collision coverage

Collision insurance covers damage to your L-Series caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as sideswiping another vehicle, backing into a parked car, hitting a parking meter and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like prosthetic devices, chiropractic care, hospital visits and EMT expenses. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability insurance

This coverage will cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 which means a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against things such as pain and suffering, court costs, structural damage and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Comprehensive auto coverage

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

Comprehensive coverage protects against claims like fire damage, rock chips in glass, damage from getting keyed, damage from flooding and vandalism. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Be a Smart Shopper

We just showed you many ideas to lower your 2003 Saturn L-Series insurance prices. The most important thing to understand is the more price quotes you have, the better chance you’ll have of finding the cheapest car insurance. You may even find the best price on insurance coverage is with some of the smallest insurance companies.

People change insurance companies for a number of reasons such as denial of a claim, an unsatisfactory settlement offer, not issuing a premium refund and lack of trust in their agent. It doesn’t matter why you want to switch finding the right insurance coverage provider can be easier than you think.

More affordable insurance coverage can be purchased online and with local insurance agents, and you should compare rates from both in order to have the best price selection to choose from. Some companies don’t offer the ability to get a quote online and most of the time these small insurance companies provide coverage only through independent agencies.

More detailed insurance coverage information can be read by following these links: