Cheap 1993 Oldsmobile Ninety-Eight Insurance Cost

Searching for lower auto insurance rates for your Oldsmobile Ninety-Eight? Feel like you’re a prisoner to overpriced auto insurance? Believe me, you’re not the only one.

Having so many options, it is very difficult to locate the most affordable car insurance company.

It is always a good idea to do rate comparisons yearly since rates change regularly. Even if you think you had the best deal on Ninety-Eight coverage two years ago you can probably find a lower rate today. So forget anything you know (or think you know) about auto insurance because we’re going to show you how to quote online to save money, get proper coverage and the best rates.

Finding affordable coverage is quite easy. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using this information. Although car owners must learn the way insurance companies price insurance differently and apply this information to your search.

Compare the Market for Insurance Coverage

To find the best insurance coverage prices, there are several ways to get quotes from local insurance coverage companies. The fastest way to find the lowest 1993 Oldsmobile Ninety-Eight rates is to use the internet to compare rates. This can be done in several different ways.

  • The fastest way to get quotes would be an industry-wide quote request form like this one (opens in new window). This method eliminates the need for boring form submissions for each company. Completing one form will get you rate comparisons direct from many companies.
  • A less efficient way to find lower rates is to manually visit the website for every company you want to comare and fill out their own quote form. For examples sake, we’ll pretend you want to compare Auto-Owners, Geico and Progressive. To find out each rate you need to take the time to go to each site to input your insurance information, which is why most consumers use the first method.

    For a list of links to insurance companies in your area, click here.

  • The hardest way to get comparison rates is to spend time driving to different agent offices. Shopping for insurance coverage online eliminates the need for an insurance agent unless you prefer the personal advice of a local agent. You can, however, comparison shop online and get advice from an agent in your area and we’ll talk about that later.

Whichever way you use, make sure you use identical quote information for every company. If the quotes have unequal deductibles or liability limits it’s impossible to determine the lowest rate for your Oldsmobile Ninety-Eight. Quoting even small variations in limits may cause a big price difference. It’s important to know that comparing more company’s prices will improve the odds of getting the best offered rates.

Beware of misleading auto insurance ads

State Farm and Allstate consistently run ads on TV and radio. All the companies make the same claim of big savings if you change to their company. But how can every company make the same claim?

Different companies have a preferred profile for the type of driver that earns them a profit. An example of a profitable customer might be profiled as over the age of 40, owns a home, and chooses high deductibles. A driver who matches those parameters will get the preferred rates and is almost guaranteed to cut their rates substantially.

Consumers who are not a match for the “perfect” profile will be quoted a more expensive rate and this can result in business going elsewhere. The ads say “drivers who switch” not “everybody who quotes” save money. That is how companies can advertise the way they do. This emphasizes why you should compare as many rates as you can. It is impossible to predict which company will provide you with the cheapest Oldsmobile Ninety-Eight insurance rates.

Oldsmobile Ninety-Eight premiums are determined by many factors

Smart consumers have a good feel for the factors that go into determining your insurance coverage rates. Understanding what controls the rates you pay allows you to make educated decisions that will entitle you to big savings.

Listed below are some of the items companies use to determine prices.

  • A clean driving record saves money – A bad driving record impacts your car insurance rates tremendously. Even one speeding ticket can increase rates by as much as thirty percent. Good drivers get better rates than people who have multiple driving citations. If you have severe violations such as DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to drive a vehicle legally.
  • One company can mean more discounts – The majority of companies will award you with lower prices to insureds who carry more than one policy. It’s known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s still a good idea to shop around to confirm you are receiving the best rates possible.
  • Better credit scores mean better rates – Credit score is a huge factor in your rate calculation. So if your credit history is lower than you’d like, you could be paying less to insure your 1993 Oldsmobile Ninety-Eight by repairing your credit. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with poor credit.
  • Being married can save on insurance coverage – Being married can actually save you money on your policy. It means you’re more mature and responsible and it’s proven that being married results in fewer claims.
  • Men fork out a little more – Statistics show women tend to be less risk to insure than men. Now that doesn’t mean men are WORSE drivers than women. Men and women have accidents at a similar rate, but the men tend to have more serious accidents. Men also statistically receive more costly citations such as DWI and reckless driving.
  • Don’t get talked into coverage you don’t need – There are many extra bells and whistles that you can get tricked into buying on your Ninety-Eight policy. Coverages for rental car reimbursement, accidental death and membership fees are some examples. They may seem good when you first buy your policy, but your needs may have changed so eliminate them to save money.
  • Better crash test results mean better rates – Vehicles with good safety scores tend to have better insurance rates. The safest vehicles reduce injuries and lower injury rates means lower claim amounts and thus lower rates. If your Oldsmobile Ninety-Eight scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Your age impacts your rates – Older insureds are viewed as being more responsible, statistically cause fewer accidents and tend to be better behind the wheel. Teen drivers tend to be less responsible when behind the wheel and because of this, their insurance coverage rates are much higher.

Lots of discounts mean lots of savings

Auto insurance companies don’t list every discount in a way that’s easy to find, so we researched some of the best known and the harder-to-find discounts you could be receiving.

  • Multiple Cars – Buying insurance for all your vehicles with the same company could earn a price break for each car.
  • Good Student Discount – Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
  • One Accident Forgiven – A few companies allow you one accident without raising rates if your claims history is clear for a set time period.
  • Early Signing – A few companies offer discounts for signing up before your current expiration date. This can save 10% or more.
  • Seat Belts Save – Buckling up and requiring all passengers to wear their seat belts could save 15% off the personal injury premium cost.
  • Driver Safety – Completing a course in driver safety can save you 5% or more if your company offers it.
  • Resident Student – Children living away from home attending college and do not have a car can be insured at a reduced rate.
  • Low Mileage – Keeping the miles down on your Oldsmobile can qualify you for better rates on cars that stay parked.

Drivers should understand that many deductions do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So when it seems like you would end up receiving a 100% discount, insurance coverage companies aren’t that generous.

For a list of companies with the best insurance coverage discounts, click this link.

Situations that might require an agent

When it comes to choosing the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions may help highlight whether your personal situation might need an agent’s assistance.

  • Do I need roadside assistance coverage?
  • When does my teenage driver need to be added to my policy?
  • Should I have combined single limit or split liability limits?
  • How do I file an SR-22 for a DUI in my state?
  • How high should my uninsured/underinsured coverage be in my state?
  • When would I need rental car insurance?
  • Is my dog or cat covered if injured in an accident?
  • Should I bundle my homeowners policy with my auto?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Insurance coverage breakdown

Having a good grasp of your insurance policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. Listed below are typical coverage types offered by insurance companies.

Comprehensive protection – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as rock chips in glass, theft, damage from flooding, fire damage and falling objects. The highest 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.

Medical expense coverage – Med pay and PIP coverage pay for bills like surgery, dental work, rehabilitation expenses, EMT expenses and prosthetic devices. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Collision coverages – This coverage 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 such as damaging your car on a curb, hitting a parking meter, rolling your car and colliding with a tree. This coverage can be expensive, so consider removing coverage from older vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Oldsmobile Ninety-Eight.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Auto liability – This coverage provides protection from damages or injuries you inflict on a person or their property that is your fault. It protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things such as pain and suffering, court costs and attorney fees. How much liability coverage do you need? That is your choice, but buy as much as you can afford.

Be a Smart Shopper

Budget-conscious 1993 Oldsmobile Ninety-Eight insurance can be found on the web and also from your neighborhood agents, and you need to comparison shop both so you have a total pricing picture. Some insurance coverage companies may not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

We covered a lot of ways to compare insurance prices online. The key thing to remember is the more price quotes you have, the higher your chance of finding lower rates. Consumers may even find the best prices are with the least-expected company. They can often provide lower rates in certain areas compared to the large companies like Allstate or State Farm.

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