2005 Pontiac Grand Am Insurance Quotes – 6 Discounts for Best Rates

Nobody that owns a car is fond of buying insurance, especially when they know the cost is too high.

Since you have so many companies to choose from, it can be hard to locate the best insurer.

Discount auto insurance rates

Properly insuring your vehicles can get expensive, but there’s a good chance there are discounts that you may not even know about. Most are applied at the time you complete a quote, but some may not be applied and must be asked for prior to receiving the credit.

• Early Switch Discount – A few insurance companies allow discounts for renewing your policy prior to your current policy expiration. It could save around 10% when you buy auto insurance online.
• Low Mileage – Driving less may enable drivers to earn lower prices due to less chance of an accident.
• Homeowners Savings – Owning a house can save a few bucks because of the fact that having a home shows financial diligence.
• Clubs and Organizations – Being in certain professional organizations is a good way to get lower rates when getting a auto insurance quote.
• Discount for New Cars – Adding a new car to your policy can save up to 30% since newer vehicles have better safety ratings.
• Good Students Pay Less – Excelling in school may save as much as 25% on a auto insurance quote. The discount lasts up to age 25.

Remember that most of the big mark downs will not be given to the overall cost of the policy. Some only reduce the cost of specific coverages such as liability and collision coverage. Despite the appearance that it’s possible to get free car insurance, it’s just not the way it works.

Companies and some of the premium reductions they offer are shown below.

• Farmers Insurance may include discounts for distant student, switch companies, youthful driver, early shopping, and mature driver.
• State Farm offers premium reductions for Drive Safe & Save, Steer Clear safe driver discount, good student, passive restraint, and driver’s education.
• Liberty Mutual may offer discounts for exclusive group savings, good student, new graduate, new vehicle discount, preferred payment discount, new move discount, and newly married.
• MetLife discounts include accident-free, defensive driver, multi-policy, good student, and claim-free.
• Progressive offers discounts for good student, online signing, multi-policy, online quote discount, multi-vehicle, homeowner, and continuous coverage.

If you are trying to find inexpensive auto insurance quotes, ask each company to apply every possible discount. Discounts may not be available everywhere.

Tailor your car insurance coverage to you

When it comes to choosing coverage, there isn’t really a “best” method to buy coverage. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that could help you determine if your insurance needs would benefit from professional advice.

• Am I covered if hit by an uninsured driver?
• How does medical payments coverage work?
• Do I have newly-aquired coverage?
• Can I get a multi-policy discount?
• Does insurance cover damages from a DUI accident?
• Does car insurance cover theft of personal property?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

Detailed coverages of your insurance policy

Having a good grasp of your policy helps when choosing the right coverages for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverages offered by insurance companies.

Collision coverages – This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims like crashing into a ditch, colliding with a tree, sideswiping another vehicle, damaging your car on a curb and hitting a mailbox. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits are set the same as your liablity limits.

Liability car insurance – This coverage can cover damage or injury you incur to people or other property by causing an accident. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims like loss of income, repair bills for other people’s vehicles, pain and suffering and court costs. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.

Medical expense insurance – Med pay and PIP coverage reimburse you for immediate expenses for hospital visits, pain medications and X-ray expenses. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Comprehensive (Other than Collision) – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like damage from getting keyed, theft, a broken windshield and hitting a bird. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Be a money saver!

A few companies do not provide rate quotes online small, regional companies work with independent insurance agents. Discount 2005 Pontiac Grand Am insurance can be found online as well as from independent agents, so you should compare both in order to have the best chance of saving money.

While you’re price shopping online, never skimp on critical coverages to save a buck or two. In many cases, an insured dropped physical damage coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your goal should be to find the BEST coverage at a price you can afford.

You just read a lot of ways to lower your 2005 Pontiac Grand Am insurance car insurance rates. It’s most important to understand that the more companies you get premium rates for, the higher your chance of finding the cheapest auto insurance. Drivers may discover the best price on insurance is with the smaller companies. They can often provide lower premium rates in certain areas than the large multi-state companies such as Geico and State Farm.

Much more information about insurance is available on the following sites:

• Drunk Driving Statistics (Insurance Information Insitute)
• Winter Driving (Insurance Information Insitute)
• Safety Features for Your New Car (State Farm)
• Alcohol Impaired Driving FAQ (iihs.org)