1990 Oldsmobile Custom Cruiser Insurance Rates

If you’re new to shopping for insurance coverage online, it’s easy to be confused by the sheer number of online companies selling insurance.

It’s a good idea to do rate comparisons at least once a year because prices are constantly changing. If you had the best deal on Custom Cruiser coverage a couple years back you can probably find a lower rate today. Starting now, ignore everything you know about insurance coverage because we’re going to show you the only way to remove unneeded coverages and save money.

This information will instruct you on the most effective way to quote insurance and some tricks to saving. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using these techniques. But consumers must learn how companies sell online and use this information to your advantage.

Don’t overlook these discounts

The cost of insuring your cars can be expensive, but discounts can save money and there are some available to cut the cost considerably. Larger premium reductions will be automatically applied at the time of quoting, but a few must be requested specifically prior to receiving the credit.

  • Safe Driver Discount – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Custom Cruiser coverage than drivers with accident claims.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you may earn approximately 10% to 15%.
  • Own a Home – Owning a house may earn you a small savings because of the fact that having a home demonstrates responsibility.
  • Early Switch Discount – Select companies give a discount for signing up prior to your current policy expiring. It’s a savings of about 10%.
  • Student Driver Training – Have your child complete a driver education course if it’s offered in school.
  • Good Student – Performing well in school can save 20 to 25%. The good student discount can last up to age 25.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
  • New Car Discount – Insuring a new car is cheaper compared to insuring an older model.

Keep in mind that most credits do not apply to the entire cost. Most only reduce specific coverage prices like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, you won’t be that lucky. Any amount of discount will reduce the cost of coverage.

Car insurance companies that may offer these money-saving discounts include:

Before buying, ask all companies you are considering which discounts you may be entitled to. Savings may not be available in your area.

Oldsmobile Custom Cruiser insurance rates have many determining factors

It’s important that you understand the different types of things that play a part in calculating the rates you pay for insurance coverage. Knowing what influences your rates enables informed choices that will entitle you to much lower annual insurance costs.

Shown below are a partial list of the pieces insurance coverage companies consider when setting prices.

  • High credit ratings translate to low rates – A driver’s credit score is a large factor in determining your rates. Consumers who have high credit ratings tend to be less risk to insure than those with lower ratings. Therefore, if your credit history is low, you could be paying less to insure your 1990 Oldsmobile Custom Cruiser by spending a little time repairing your credit.
  • Always keep insurance in force – Letting your insurance expire is a quick way to trigger a rate increase. And not only will your rates increase, getting caught without coverage can result in a license revocation or jail time.
  • Consolidate policies to earn discounts – The majority of insurers will give a discount to customers who buy several policies from them. It’s known as a multi-policy discount. Discounts can be five, ten or even twenty percent. Even though this discount sounds good, it’s still a good idea to comparison shop to ensure the best deal. Consumers may find a better deal by buying insurance from more than one company.
  • Bump up deductibles to save – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Oldsmobile. Some instances where coverage would apply would be colliding with a building, damage from fire, and windstorm damage. Your deductibles are how much you are willing to pay before a claim is paid by your company. The higher the amount you are required to pay out-of-pocket, the bigger discount you will receive on Custom Cruiser coverage.
  • Safer cars cost less to insure – Vehicles with high crash test scores get lower rates. The safest vehicles have better occupant injury protection and better occupant protection means lower claim amounts passed on to you as lower rates. If your Oldsmobile scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.

Is my situation unique?

When choosing adequate coverage, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s.

Here are some questions about coverages that might point out whether or not you might need an agent’s assistance.

  • When should I buy a commercial auto policy?
  • Does my personal policy cover me when driving out-of-state?
  • How much liability insurance is required?
  • Does my 1990 Oldsmobile Custom Cruiser qualify for pleasure use?
  • What vehicles should carry emergency assistance coverage?
  • Is my dog or cat covered if injured in an accident?
  • Am I covered when driving someone else’s vehicle?
  • Am I covered when using my vehicle for business?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form.

What auto insurance coverages do you need?

Having a good grasp of your auto insurance policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Comprehensive coverages

This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as vandalism, falling objects, theft, damage from getting keyed and a broken windshield. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability insurance

Liability insurance can cover injuries or damage you cause to people or other property by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Another option is a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as repair costs for stationary objects, funeral expenses, pain and suffering, structural damage and repair bills for other people’s vehicles. How much coverage you buy is your choice, but buy as large an amount as possible.

Collision coverage protection

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

Collision can pay for things like colliding with a tree, scraping a guard rail and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Uninsured and underinsured coverage

This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Oldsmobile Custom Cruiser.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Normally these coverages are similar to your liability insurance amounts.

Coverage for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses for things like rehabilitation expenses, funeral costs, chiropractic care, nursing services and pain medications. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Make a quick buck

You just learned quite a bit of information on how to lower your 1990 Oldsmobile Custom Cruiser insurance rates. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. You may even find the lowest priced insurance coverage comes from a small local company.

Budget-conscious insurance can be purchased from both online companies and with local insurance agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies do not offer the ability to get a quote online and these small, regional companies work with independent agents.

People who switch companies do it for many reasons like not issuing a premium refund, lack of trust in their agent, questionable increases in premium or unfair underwriting practices. Whatever your reason, finding a new insurance coverage company can be pretty painless.

Much more information about insurance coverage is located at these links: