2003 Oldsmobile Silhouette Car Insurance Rates – 7 Discounts for Cheapest Quotes

Trying to find the cheapest auto insurance rates for your Oldsmobile Silhouette? Are you irritated from being strong-armed each month for auto insurance? You have the same problem as millions of other consumers. Because there are so many auto insurance companies to choose from, it can be challenging to find a lower cost insurer.

The purpose of this article is to introduce you to the most effective way to quote insurance. If you have car insurance now, you will most likely be able to lower your premiums substantially using these methods. Drivers just need to understand the most efficient way to compare rates online.

Take advantage of every insurance discount

Car insurance companies don’t always publicize every discount very clearly, so we break down a few of the more common as well as the least known credits that may apply to you. If you do not check that you are getting every discount possible, you’re paying more than you need to.

• Good Student Discount – This discount can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
• Good Drivers – Insureds who avoid accidents may receive a discount up to 45% on Silhouette insurance as compared to drivers with claims.
• Fewer Miles Equal More Savings – Low mileage vehicles may allow you to get substantially lower prices.
• Homeowners Savings – Just being a homeowner can earn you a little savings since home ownership shows financial diligence.
• Discounts for Multiple Vehicles – Buying a policy with primary and secondary vehicles on one policy can reduce rates for all insured vehicles.
• Employee of Federal Government – Simply working for the federal government could provide a small rate reduction on Silhouette insurance depending on your insurance provider.
• Drivers Education – It’s a good idea to have your young drivers successfully complete driver’s ed class as it can save substantially.

One thing to note about discounts is that most discounts do not apply the the whole policy. Some only reduce specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

Companies and their possible discounts are:

• Esurance policyholders can earn discounts including homeowner, paid-in-full, defensive driver, Pac-12 alumni, claim free, good driver, and multi-policy.
• The Hartford may have discounts that include driver training, air bag, bundle, vehicle fuel type, and defensive driver.
• AAA has savings for good driver, education and occupation, multi-policy, anti-theft, multi-car, and AAA membership discount.
• Geico may offer discounts for five-year accident-free, driver training, seat belt use, military active duty, anti-lock brakes, anti-theft, and multi-policy.
• State Farm has discounts for good driver, passive restraint, student away at school, good student, anti-theft, defensive driving training, and Drive Safe & Save.

If you need the cheapest insurance quotes, ask every prospective company which credits you are entitled to. Some discounts might not be offered in your area.

How to know if you need help

When it comes to buying the right insurance coverage, there really is no cookie cutter policy. Everyone’s needs are different so your insurance should reflect that For instance, these questions might point out whether your personal situation could use an agent’s help.

• Why am I required to buy liability insurance?
• Should I bundle my homeowners policy with my auto?
• Is there coverage for injuries to my pets?
• What is medical payments coverage?
• Where can I find high-risk insurance?
• Can my babysitter drive my car?
• Am I covered if my car is in a flood?
• Why does it cost so much to insure a teen driver?
• Can I still get insurance after a DUI?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Auto insurance coverages and their meanings

Understanding the coverages of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. These are the normal coverages found on most auto insurance policies.

Comprehensive coverage – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as theft, hail damage, a broken windshield and damage from flooding. The most a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability coverage – This coverage will cover injuries or damage you cause to a person or their property that is your fault. This coverage protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.

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 policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers things like legal defense fees, loss of income and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but buy higher limits if possible.

Collision coverages – This will pay to fix damage to your Silhouette resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as hitting a parking meter, colliding with a tree, backing into a parked car, sideswiping another vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and damage to your Oldsmobile Silhouette.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Normally the UM/UIM limits do not exceed the liability coverage limits.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as chiropractic care, dental work and hospital visits. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Affordable insurance is out there

In this article, we covered a lot of techniques to compare 2003 Oldsmobile Silhouette insurance prices online. It’s most important to understand that the more companies you get rates for, the better chance you’ll have of finding cheap insurance. Consumers could even find that the most savings is with a lesser-known regional company. Regional companies may only write in your state and offer lower rates compared to the large companies like Allstate and Progressive.

As you go through the steps to switch your coverage, it’s not a good idea to reduce coverage to reduce premium. Too many times, someone dropped collision coverage only to regret at claim time that it was a big mistake. The ultimate goal is to buy the best coverage you can find for the lowest price and still be able to protect your assets.

More information can be read at these links:

• State Laws for Cellphones and Texting (iihs.org)
• Where can I buy Insurance? (Insurance Information Insitute)
• Teen Driver Statistics (Insurance Information Insitute)
• Car Insurance: When not to Skimp (BankRate.com)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Help Your Teen Be a Better Driver (State Farm)