2005 Pontiac Grand Prix Insurance Quotes

Do you get frustrated by the number of insurance coverage companies in your area? Drivers have so many companies to choose from that it can turn into hard work to compare premium rates.

Consumers should take time to do price comparisons periodically because insurance prices change frequently. Despite the fact that you may have had the lowest rates on Grand Prix coverage two years ago a different company probably has better rate quotes today. There is a lot of bad information regarding insurance coverage on the web, but we’re going to give you a lot of great tips on how to stop overpaying for insurance.

If you have car insurance now, you should be able to cut costs considerably using these tips. Buying more affordable auto insurance coverage is easy if you know what you’re doing. But vehicle owners do need to understand the way companies compete online and apply this information to your search.

Insurance costs are influenced by these factors

Lots of factors are part of the calculation when premium rates are determined. Some factors are common sense like an MVR report, although others are less obvious like your vehicle usage or your vehicle rating.Part of the insurance buying process is learning the different types of things that aid in calculating the rates you pay for insurance. When consumers understand what impacts premium levels, this allows you to make good choices that may reward you with lower rates.

  • Deter car thieves – Buying a car with anti-theft technology or alarm system can earn a premium discount. Advanced theft deterrents like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder your vehicle from being stolen.
  • Pay more of a claim out-of-pocket – The deductibles define the amount you are willing to pay if a claim is determined to be covered. Protection for physical damage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Examples of some claims that would be covered are rearending another vehicle, animal collisions, or theft of your vehicle. The more you pay before a claim is paid (deductible), the less your company will charge you for insurance on Grand Prix coverage.
  • You might pay more if you are single – Walking down the aisle actually saves money on your policy. It generally demonstrates drivers are less irresponsible and it’s statistically proven that drivers who are married file infrequent claims.
  • Lower rates come with age – Drivers with little experience are known to be careless and easily distracted when at the wheel of a vehicle so they pay higher insurance rates. Having to add a teen driver onto your insurance can be very expensive. Older insureds tend to be more responsible, cost insurance companies less in claims and are safer drivers.
  • Your gender affects rates – Over time, data shows women are more cautious behind the wheel. That doesn’t necessarily mean that women are better drivers. Males and females are in at-fault accidents in similar percentages, but the male of the species get into accidents with more damage. Not only are claims higher, but men have more aggressive citations like reckless driving and DUI. Young men ages 16 to 20 generally have the highest accident percentage and therefore have the most expensive insurance rates.
  • Costs can change based on your address – Residing in a small town can save you money if you are looking for the lowest rates. Fewer drivers means a lower chance of having an accident and lower theft and vandalism rates. People who live in big cities have to deal with congested traffic and longer commute times. The longer drive time can result in more accidents.

Use discounts to get cheaper car insurance quotes

Car insurance can cost a lot, but you might already qualify for some discounts that may help make it more affordable. Many discounts should be triggered when you quote, but some discounts are required to be specially asked for in order for you to get them.

  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you can avoid the installment charge.
  • Discounts for Seat Belt Usage – Buckling up and requiring all passengers to wear their seat belts could cut 10% or more on the premium charged for medical payments and/or PIP.
  • Defensive Driver Discounts – Taking a defensive driver course could earn you a small percentage discount and easily pay for the cost of the class.
  • Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a lower premium rate if you buy some life insurance too.
  • Professional Memberships – Being a member of a civic or occupational organization is a simple method to lower premiums on your next renewal.
  • Savings for New Vehicles – Putting coverage on a new car can save you some money since new vehicles have better safety ratings.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to the overall cost of the policy. Most only reduce individual premiums such as liability and collision coverage. Even though the math looks like you could get a free car insurance policy, it’s just not the way it works.

Companies and their offered discounts are shown below.

  • Progressive policyholders can earn discounts including online signing, multi-policy, multi-vehicle, continuous coverage, and online quote discount.
  • SAFECO may offer discounts for multi-car, anti-lock brakes, anti-theft, teen safe driver, and drive less.
  • American Family has discounts for multi-vehicle, mySafetyValet, good driver, good student, bundled insurance, and accident-free.
  • MetLife has savings for accident-free, multi-policy, claim-free, good student, defensive driver, and good driver.
  • GEICO may have discounts that include military active duty, five-year accident-free, multi-policy, anti-lock brakes, and emergency military deployment.
  • The Hartford offers discounts including good student, defensive driver, anti-theft, vehicle fuel type, bundle, and air bag.

If you want inexpensive car insurance quotes, ask all the companies the best way to save money. Savings may not apply in your area. If you would like to view car insurance companies that offer the discounts shown above, click this link.

Insurance companies are expert advertisers

Well-known insurance companies like Allstate, GEICO and Progressive constantly bombard you with ads on TV and radio. They all make the point that drivers will save a bundle just by moving your policy. It sounds good, but how can they all save you money? You have to listen carefully.

Insurance providers have an ideal profile for the driver that will not have excessive claims. An example of this type of driver may be a married female, has other policies, and drives newer vehicles. A customer getting a price quote that hits that “sweet spot” is entitled to the best price and will cut their rates substantially.

People who don’t measure up to these stringent criteria will be charged more expensive rates which leads to the customer not buying. Company advertisements say “people who switch” but not “all drivers who get quotes” save that much when switching. That is how companies can truthfully state the savings. Because of this risk profiling, it’s extremely important to compare many company’s prices. It’s not possible to predict the company that will fit you best based on your risk profile.

Tailor your car insurance coverage to you

When it comes to buying the right insurance coverage, there really is not a perfect coverage plan. Everyone’s needs are different.

For instance, these questions might help in determining whether you will benefit from professional help.

  • Does coverage extend to Mexico or Canada?
  • Should I put collision coverage on all my vehicles?
  • What is covered by UM/UIM coverage?
  • Do I need added coverage for expensive stereo equipment?
  • Will my rates increase for filing one claim?
  • When can my company non-renew my policy?
  • What can I do if my company won’t pay a claim?
  • Am I covered if I hit my neighbor’s mailbox?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Coverage specifics

Having a good grasp of a insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and coverage can change by endorsement.

Collision coverage protection

This coverage covers damage to your Grand Prix caused by collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like colliding with a tree, backing into a parked car, sustaining damage from a pot hole, crashing into a building and scraping a guard rail. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. You can also bump up the deductible to bring the cost down.

Protection from uninsured/underinsured drivers

This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your Pontiac Grand Prix.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like pain medications, doctor visits and nursing services. They are used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Liability insurance

Liability insurance protects you from damage or injury you incur to a person or their property in an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as repair bills for other people’s vehicles, bail bonds and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Comprehensive (Other than Collision)

This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as vandalism, hail damage, hitting a bird, a broken windshield and hitting a deer. The maximum amount your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Make a quick buck

People switch companies for any number of reasons including unfair underwriting practices, policy cancellation, being labeled a high risk driver or even questionable increases in premium. Regardless of your reason, finding a great new company is not as hard as you think.

We’ve covered many tips how you can get a better price on 2005 Pontiac Grand Prix insurance. The key concept to understand is the more rate comparisons you have, the higher your chance of finding cheap car insurance. Consumers may even find the best price on insurance is with a smaller regional carrier.

When trying to cut insurance costs, never buy lower coverage limits just to save a few bucks. In too many instances, someone sacrificed full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your goal is to purchase plenty of coverage at the best price.

More detailed insurance information can be found at these sites: