2014 Maserati GranTurismo Convertible Insurance Rates

Want the cheapest auto insurance rates for your Maserati GranTurismo Convertible? Are you burned out from being strong-armed to pay high auto insurance rates every month? Your situation is no different than many other consumers. Consumers have multiple auto insurance companies to pick from, and even though it’s nice to have a selection, more choices can make it harder to compare rates.

How to compare free insurance coverage rate quotes

Cutting your insurance coverage rates is a great way to save money. The only thing you need to do is invest a few minutes comparing rate quotes to find the company with cheap car insurance quotes. This is very easy and can be done in several different ways.

  1. The recommended way to find the lowest comparison rates is a comparison rater form like this one (opens in new window). This quick form keeps you from doing boring form submissions for every insurance coverage company. One quote request gets you price quotes from many national carriers.
  2. A more difficult way to analyze rates is to manually visit each individual company website and go through the quote process again. For example, we’ll pretend you want to compare prices for State Farm, 21st Century and Farmers. To get each rate you have to visit each site to enter your coverage information, which can be really labor intensive. To view a list of companies in your area, click here.
  3. Even if you have time, the least recommended method to find lower rates is to drive around to all the different insurance agencies. Comparing online rate quotes makes this unnecessary unless you require the trained guidance that you can only get from talking to an agent. It is possible with some companies get the lowest quotes online but have your policy serviced through an agent.

The method you choose is up to you, but make sure you are using the same coverage limits on every price quote you get. If you have higher or lower deductibles you will not be able to truly determine the lowest rate.

Slash your insurance rates with discounts

Some providers do not list every available discount very clearly, so we break down both well-publicized and the harder-to-find credits available to you. If you check and find you aren’t receiving every discount you deserve, you’re just leaving money on the table.

  • Good Students Pay Less – Excelling in school may save as much as 25% on a car insurance quote. The good student discount can last up until you turn 25.
  • Seat Belts Save – Drivers who require all vehicle occupants to wear their seat belts could save 15% off the medical payments premium.
  • Senior Citizen Discount – Seniors can get a small decrease in premiums on GranTurismo Convertible insurance.
  • Paper-free Discount – A few larger online companies will provide an incentive for buying your policy on their website.
  • Military Rewards – Being on active deployment in the military could trigger a small discount.

Discounts save money, but please remember that most credits do not apply to the entire cost. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, you won’t be that lucky.

Larger insurance companies and a summarized list of policyholder discounts can be read below.

  • Progressive offers discounts including online signing, good student, continuous coverage, homeowner, multi-vehicle, online quote discount, and multi-policy.
  • GEICO may have discounts that include good student, anti-theft, seat belt use, membership and employees, multi-policy, and driver training.
  • State Farm offers premium reductions for multiple autos, passive restraint, good driver, good student, and student away at school.
  • Esurance has savings for paid-in-full, anti-lock brakes, good driver, anti-theft, homeowner, and Pac-12 alumni.
  • The Hartford policyholders can earn discounts including good student, driver training, vehicle fuel type, air bag, anti-theft, defensive driver, and bundle.

If you are trying to find cheaper car insurance quotes, ask all the companies what discounts are available to you. Some of the earlier mentioned discounts may not apply in your area. If you would like to see a list of insurance companies that offer many of these discounts, follow this link.

You are unique and your auto insurance should be too

When choosing proper insurance coverage for your vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions can aid in determining whether your personal situation would benefit from professional advice.

  • Is my state a no-fault state?
  • What is the difference between comprehensive and collision coverage?
  • If my pet gets injured in an accident are they covered?
  • Can I afford to pay high deductible claims out of pocket?
  • Is other people’s property covered if stolen from my vehicle?
  • Why am I required to get a high-risk car insurance policy?
  • At what point should I drop full coverage?
  • Can I still get insurance after a DUI?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.

Quote Maserati GranTurismo Convertible insurance for less

Many different elements are used when premium rates are determined. Some of the criteria are obvious like an MVR report, although others are not quite as obvious like your continuous coverage and annual miles driven.When buying insurance it’s important to understand some of the elements that aid in calculating your policy premiums. If you have some idea of what impacts premium levels, this allows you to make educated decisions that can earn you lower rates.

Shown below are some of the factors utilized by car insurance companies to help set your prices.

  • When should you not file a insurance claims? – Car insurance companies award discounts to insureds who do not file claims often. If you frequently file small claims, you can expect higher premiums or even policy non-renewal. Insurance coverage is designed for the bigger claims that can’t be paid out-of-pocket.
  • Commute or pleasure use – The more you drive in a year the more it will cost to insure it. The majority of insurers apply a rate based upon how the vehicle is primarily used. Cars and trucks not used for work or commuting cost less to insure than those used for commuting. Double check that your policy properly reflects the proper vehicle usage, because it can save money. An improperly rated GranTurismo Convertible can result in significantly higher rates.
  • Higher comp and collision deductibles are cheaper – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your vehicle. Some instances where coverage would apply could be colliding with a building, hitting a deer, or theft. Comp and collision deductibles are how much you are willing to pay out-of-pocket if a claim is determined to be covered. The more of the claim you’re willing to pay, the less your company will charge you for insurance on GranTurismo Convertible insurance.
  • Companies want multiple policies – Some insurance companies afford discounts to insureds who carry more than one policy such as combining an auto and homeowners policy. The amount of the discounts can be ten or even up to twenty percent in some cases. Even if you already get this discount, it’s always a smart idea to shop around to help ensure you have the lowest rates.
  • Lower prices with continuous coverage – Letting your insurance expire is a guaranteed way to trigger a rate increase. In addition to paying higher premiums, not being able to provide proof of insurance can result in a revoked license or a big fine. You may then have to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
  • Better drivers pay lower prices – Your driving citation history can have a huge impact on auto insurance premiums. Having just one speeding ticket or other violation can increase rates by twenty percent. Drivers with clean records receive lower rates than people who have multiple driving citations. People who have license-revoking citations such as DWI, reckless driving or hit and run convictions may find that they have to to maintain a SR-22 with the DMV in their state in order to legally drive.
  • Better prices with anti-theft devices – Driving a car that has an advanced theft prevention system can help lower your rates. Theft deterrent systems like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your vehicle from being stolen.
  • Get better premiums after the wedding – Being married helps lower the price on your policy. Having a significant other is viewed as being more mature than a single person and insurance companies reward insureds because drivers who are married file infrequent claims.

Is there deception in advertising?

Drivers can’t get away from ads that promise big savings by companies like State Farm and Allstate. All the ads state the claim that you can save if you move your coverage.

How does each company cost less than your current company? It’s all in how they say it.

Companies provide the lowest rates for the type of insured that will add to their bottom line. A good example of a desirable risk should be between the ages of 30 and 45, has no prior claims, and drives a car with an anti-theft system. Someone who fits that profile will get the preferred prices and will most likely pay quite a bit less when switching companies.

Drivers who are not a match for this stringent profile will probably have to pay a higher rate and business going elsewhere. The ads state “drivers who switch” not “everybody who quotes” save that much money. This is how insurance companies can make those statements.

Because of these techniques, you should compare price quotes frequently. It’s impossible to know which insurance company will fit your personal profile best.

Parts of your car insurance policy

Knowing the specifics of car insurance aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverage types offered by car insurance companies.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as funeral costs, pain medications, nursing services and rehabilitation expenses. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive coverage

Comprehensive insurance coverage covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like hitting a deer, fire damage, a broken windshield, hail damage and hitting a bird. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability car insurance

Liability coverage will cover damage or injury you incur to other’s property or people. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Another option is a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against claims like medical expenses, funeral expenses and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for collisions

This coverage will pay to fix damage to your GranTurismo Convertible caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as rolling your car, scraping a guard rail and hitting a mailbox. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Maserati GranTurismo Convertible.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these limits are set the same as your liablity limits.

Be a penny pincher

In this article, we presented a lot of tips how to save on 2014 Maserati GranTurismo Convertible insurance. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with some of the lesser-known companies. They can often provide lower rates in certain areas than their larger competitors like State Farm or Progressive.

As you shop your coverage around, it’s a bad idea to skimp on coverage in order to save money. There are too many instances where drivers have reduced uninsured motorist or liability limits only to find out they didn’t have enough coverage. Your objective should be to buy the best coverage you can find at the best price but still have enough coverage for asset protection.

More affordable auto insurance can be bought on the web in addition to local insurance agencies, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance providers may not provide online quoting and most of the time these small, regional companies only sell through local independent agencies.

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