How Much Does 2004 Pontiac Grand Prix Car Insurance Cost?

Looking for cheaper insurance rates for your Pontiac Grand Prix? I really doubt anyone fancies paying their premiums for insurance, in particular when the cost is way too high. Insurance companies such as State Farm, Farmers Insurance, GEICO and Allstate all claim big savings, bombarding you with catchy ads and consumers find it hard to ignore the flying pigs and cute green geckos and find the best price available.

It is always a good idea to do price comparisons once or twice a year because prices are adjusted regularly by insurance companies. Just because you found the best rates for Grand Prix insurance two years ago there may be better deals available now. Block out anything you think you know about insurance because I’m going to teach you the fastest and easiest way to find lower rates on insurance.

If you are insured now or are just looking to switch companies, you can follow these tips to shop for the lowest rates while maximizing coverage. Finding affordable coverage is quite easy. Consumers only need an understanding of the proper methods to get comparison rates online.

Take advantage of every auto insurance discount

Insurance can cost an arm and a leg, but there could be available discounts that can dramatically reduce your bill. Larger premium reductions will be automatically applied when you quote, but some may not be applied and must be specially asked for before you get the savings.

  • ABS Brakes – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
  • Home Ownership Discount – Owning a home can save you money since home ownership is proof that your finances are in order.
  • Auto/Life Discount – Not all companies offer life insurance, but some may give you a discounted premium rate on car insurance if you buy some life insurance in addition to your auto policy.
  • Defensive Driver Discounts – Successfully completing a course in safe driver could possibly earn you a 5% discount and also improve your driving technique.
  • No Accidents – Insureds with no claims or accidents can save substantially as opposed to policyholders that have many claims.
  • Use Seat Belts – Drivers who require all vehicle occupants to buckle up can save up to 15% off the personal injury premium cost.
  • Anti-theft System – Vehicles equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and will qualify for a discount on a car insurance quote.
  • Federal Government Employee – Simply working for the federal government can earn a discount up to 10% for Grand Prix insurance depending on your auto insurance provider.
  • Service Members Pay Less – Having a deployed family member could mean lower prices.
  • Payment Discounts – By making one initial payment rather than paying monthly you can avoid monthly service charges.

It’s important to understand that some credits don’t apply the the whole policy. Most cut individual premiums such as comprehensive or collision. So when the math indicates you could get a free auto insurance policy, companies don’t profit that way.

A list of companies and a summarized list of policyholder discounts are outlined below.

  • State Farm offers discounts including Steer Clear safe driver discount, student away at school, Drive Safe & Save, defensive driving training, anti-theft, and driver’s education.
  • Progressive has discounts for continuous coverage, good student, multi-policy, multi-vehicle, and online signing.
  • Travelers has savings for continuous insurance, multi-car, hybrid/electric vehicle, good student, home ownership, and student away at school.
  • American Family offers discounts for multi-vehicle, TimeAway discount, bundled insurance, defensive driver, mySafetyValet, Steer into Savings, and good student.
  • Liberty Mutual discounts include multi-policy, newly married, hybrid vehicle, teen driver discount, new move discount, new vehicle discount, and safety features.

It’s a good idea to ask each company or agent how you can save money. Discounts may not apply to policies in your area. To choose companies that offer some of these discounts, follow this link.

How to compare insurance coverage rate quotes

Most larger insurance companies allow consumers to get prices on the web. Comparing rates online is easy for anyone as you simply enter your required coverages into the form. When complete, their system obtains your driving record and credit report and returns a price determined by many factors. Being able to quote online makes it a lot easier to compare rates but having to visit multiple sites and type in the same information is a big time waster. But it’s very important to do this if you want to find the lowest price.

The smarter way to find cheaper rates requires only one form that gets price quotes from several companies at one time. This type of form saves time, helps eliminate reptitive entry, and makes online quotes much more enjoyable. As soon as the form is sent, it is rated and you can choose any of the quotes returned.

If one or more price quotes are lower than your current rates, you can click and sign and purchase coverage. It can be completed in less than 10 minutes and may save quite a bit of money.

If you want to get comparison pricing now, click here to open in a new tab and fill out the form. If you have your current policy handy, we recommend you duplicate the insurance coverages as shown on your current policy. Doing this guarantees you will have a fair comparison based on identical coverages.

Pontiac Grand Prix insurance price factors

Consumers need to have an understanding of the factors that aid in calculating insurance rates. If you understand what influences your rates, this allows you to make educated decisions that could help you find lower rates. Many factors are part of the calculation when pricing auto insurance. A few of the factors are predictable like an MVR report, but other factors are less obvious such as your credit history or your financial responsibility.

The list below includes some of the things used by companies to determine prices.

  • Can a thief steal your car? – Driving a car that has an advanced theft prevention system can help lower your rates. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent auto theft and help lower rates.
  • Prices can change based on your address – Living in small towns and rural areas is a good thing when shopping for auto insurance. Fewer drivers and short commutes translates into fewer accidents and lower theft and vandalism rates. Urban drivers have to deal with traffic congestion and longer commute times. Longer commute distances can result in more accidents.
  • Higher rates for high stress vocations – Did you know your occupation can influence how much you pay for insurance? Jobs such as military personnelpolice officers and stock brokers generally pay the highest average rates in part from job stress and long work days. On the other hand, careers such as farmers, historians and homemakers have lower than average premiums for Grand Prix insurance.
  • How many miles do you drive? – Driving a lot of miles in a year the higher the price you pay to insure it. A lot of companies price each vehicle’s coverage partially by how you use the vehicle. Autos left parked in the garage can be on a lower rate level than vehicles that are driven to work every day. Incorrect rating for your Grand Prix can cost quite a bit. It’s a good idea to make sure your insurance declarations sheet is showing the correct driver usage, because it can save money.
  • Low credit rating equals high prices – Having a good credit score factor in determining what you pay for insurance. Insureds with high credit scores tend to be less risk to insure than drivers who have bad credit. So if your credit leaves room for improvement, you could save money insuring your 2004 Pontiac Grand Prix by spending a little time repairing your credit.
  • Raising comp and collision deductibles lowers costs – Comprehensive and collision coverage deductibles are the amount of money the insured will be required to pay if the claim is covered. Physical damage coverage, aka comp and collision, insures against damage to your car. Some examples of covered claims are a windshield broken by a bird, animal collisions, and having a roll-over accident. The larger the amount the insured has to pay upfront, the lower your rates will be for Grand Prix insurance.
  • Remove unneeded extra policy coverages – There are quite a few additional coverages that can waste your money if you aren’t careful. Coverages like roadside assistance, towing, and Farm Bureau memberships may be wasting your money. They may sound like good ideas when discussing your needs, but if they’re wasting money eliminate the coverages to reduce your premium.
  • Cars with good safety ratings are cheaper to insure – Cars with high safety ratings tend to be cheaper to insure. Safe vehicles reduce the chance of injuries and better occupant protection means less money paid by your insurance company passed on to you as lower rates.

How to know if you need help

When it comes to buying adequate coverage for your personal vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions can help discover whether your personal situation will benefit from professional help.

  • Am I covered if hit by an uninsured driver?
  • Do I need more liability coverage?
  • What is roadside assistance coverage?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Which companies will insure high-risk drivers?
  • Is other people’s property covered if stolen from my vehicle?

If you’re not sure about those questions but you know they apply to you, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.

Specific coverages for a Pontiac Grand Prix

Understanding the coverages of a car insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are typical coverages found on the average car insurance policy.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and also any damage incurred to your Pontiac Grand Prix.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive insurance – Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as rock chips in glass, hitting a bird, hail damage and a broken windshield. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage – Collision coverage will pay to fix damage to your Grand Prix resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like crashing into a ditch, scraping a guard rail, driving through your garage door, colliding with another moving vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Liability coverages – Liability coverage can cover damage or injury you incur to other people or property by causing an accident. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers things like medical expenses, repair costs for stationary objects and court costs. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like dental work, EMT expenses and prosthetic devices. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Final thoughts

When shopping online for auto insurance, it’s not a good idea to sacrifice coverage to reduce premiums. There are too many instances where drivers have reduced full coverage and discovered at claim time they didn’t have enough coverage. Your goal is to buy the best coverage you can find at the best cost while not skimping on critical coverages.

In this article, we presented a lot of techniques to save on 2004 Pontiac Grand Prix insurance. The most important thing to understand is the more you quote car insurance, the higher the chance of saving money. Drivers may discover the lowest priced auto insurance comes from an unexpected company. Regional companies may only write in your state and offer lower prices compared to the large companies like Progressive and GEICO.

Additional detailed information can be found by following these links: