How Much Does 2016 Maserati GranTurismo Insurance Cost?

No one in their right mind is fond of buying insurance, especially when they know they could find better rates elsewhere.

Many insurance companies vie to insure your vehicles, and it can be difficult to compare rates and get the definite lowest rate

If you currently have a car insurance policy, you will be able to save some money using these methods. Finding affordable coverage is not rocket science. But drivers do need to understand the way companies determine prices and use this information to your advantage.

Ways to get auto insurance quotes

Performing a rate comparison can take time and effort if you don’t understand the most efficient way. You could waste a few hours talking about coverages with insurance companies in your area, or you could save time and use online quotes to get pricing more quickly.

Most car insurance companies participate in a marketplace where insurance shoppers enter their policy data once, and at least one company then gives them pricing determined by their information. This eliminates the need for form submissions to each company.

To compare pricing click here to start a free quote.

One minor caviat to using this type of system is you are unable to specify which carriers to get quotes from. So if you prefer to pick individual companies to compare prices, we have assembled a list of companies who write auto insurance in your area. View list of insurance companies.

It’s up to you which method you use, but make darn sure you compare the same coverage data with every price quote. If you are comparing different liability limits it’s impossible to get a fair rate comparison. Even a minor difference in insurance coverages or limits could mean much higher rates. Keep in mind that comparing more company’s prices increases your odds of finding more affordable insurance.

Verify you’re getting every discount

Auto insurance is expensive, but you may qualify for discounts that can help lower your rates. A few discounts will be applied at the time of purchase, but a few need to be requested specifically prior to receiving the credit. If you do not check that you are getting every discount available, it’s possible you qualify for a lower rate.

  • No Claim Discounts – Good drivers with no accidents get the best auto insurance rates in comparison to frequent claim filers.
  • Auto/Life Discount – Larger companies have a break if you buy some life insurance in addition to your auto policy.
  • Passive Restraints – Factory air bags can receive discounts of 20% or more.
  • Good Student – Getting good grades can be rewarded with saving of up to 25%. The good student discount can last up to age 25.
  • College Student – Youth drivers who live away from home at college and do not take a car to college may be able to be covered for less.
  • Own a Home and Save – Owning your own home or condo can save you money since home ownership is proof that your finances are in order.
  • Save with a New Car – Buying a new car instead of a used car can get you a discount because newer vehicles keep occupants safer.
  • 55 and Retired – Older drivers can get lower premium rates for GranTurismo insurance.

One last thing about discounts, most of the big mark downs will not be given to all coverage premiums. Most only apply to the cost of specific coverages such as medical payments or collision. Even though it may seem like adding up those discounts means a free policy, that’s just not realistic. But any discount will definitely lower the amount you pay for coverage.

A few companies that may include these money-saving discounts may include but are not limited to:

When comparing rates, check with all companies you are considering to apply every possible discount. A few discounts might not be offered on policies in every state. To view companies with discount auto insurance rates, click here.

When should I discuss my situation with an agent?

When it comes to choosing adequate coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different so this has to be addressed. For example, these questions might help in determining whether or not you will benefit from professional help.

  • What is covered by UM/UIM coverage?
  • Is my dog or cat covered if injured in an accident?
  • Is my Maserati GranTurismo covered if I use it for business?
  • What is roadside assistance coverage?
  • Can my teen drive my company car?
  • How do I file an SR-22 for a DUI in my state?
  • Should I get collision insurance on every vehicle?
  • I have a DUI can I still get coverage?
  • Is extra glass coverage worth it?
  • Does my car insurance cover rental cars?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

The coverage is in the details

Having a good grasp of your policy can help you determine which coverages you need and the correct deductibles and limits. Insurance terms can be confusing and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from insurance companies.

Coverage for liability

This coverage protects you from injuries or damage you cause to other’s property or people in an accident. This insurance protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things like legal defense fees, court costs, attorney fees, pain and suffering and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like hail damage, damage from getting keyed and fire damage. The maximum amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Protection from uninsured/underinsured drivers

This coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Maserati GranTurismo.

Because many people have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea. Frequently these coverages are similar to your liability insurance amounts.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for immediate expenses for dental work, pain medications, funeral costs and rehabilitation expenses. They can be utilized in addition to your health insurance plan or if you do not have health coverage. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Collision protection

This coverage will pay to fix damage to your GranTurismo resulting from a collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as crashing into a ditch, sideswiping another vehicle and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

The best insurance company isn’t always the cheapest

We just showed you quite a bit of information on how to get a better price on 2016 Maserati GranTurismo insurance. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your car insurance rates. Consumers may even find the lowest rates come from some of the lesser-known companies. Some small companies can often provide lower car insurance rates in certain areas than their larger competitors like State Farm or Progressive.

When getting insurance coverage quotes online, you should never reduce coverage to reduce premium. Too many times, an insured cut liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy a smart amount of coverage at an affordable rate but still have enough coverage for asset protection.

Much more information about insurance can be found at the links below