1994 Oldsmobile Ninety-Eight Insurance Rates – 7 Policy Discounts

If price shopping insurance online is new to you, it’s easy to get overwhelmed due to the large number of online companies offering insurance.

Don’t overlook these seven discounts

Companies offering auto insurance don’t list every available discount very clearly, so we researched some of the best known and the harder-to-find ways to save on auto insurance.

  • Early Signing – Select companies give a discount for signing up prior to your current policy expiration. This can save 10% or more.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to enroll in driver’s education if it’s offered in school.
  • Paperless Signup – Certain companies will discount your bill up to fifty bucks simply for signing digitally online.
  • Good Student – This discount can earn a discount of 20% or more. The discount lasts up until you turn 25.
  • Passive Restraints and Air Bags – Vehicles with factory air bags may earn rate discounts of 20% or more.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Multiple Vehicles – Insuring multiple vehicles on one policy qualifies for this discount.

Drivers should understand that most discounts do not apply to the entire policy premium. Most cut specific coverage prices like medical payments or collision. So even though it sounds like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

Companies that may offer some of the above discounts include:

It’s a good idea to ask every prospective company what discounts are available to you. Some discounts may not apply in your area.

Is my situation unique?

When it comes to choosing adequate coverage for your personal vehicles, there is no perfect coverage plan. Every insured’s situation is different.

For example, these questions can aid in determining whether your personal situation could use an agent’s help.

  • Does my 1994 Oldsmobile Ninety-Eight need full coverage?
  • I don’t drive much so do I pay less?
  • Does my liability insurance cover pulling a trailer or camper?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • What is PIP insurance?
  • Why am I required to buy high-risk coverage?
  • Do I need special endorsements for business use of my vehicle?
  • Do I need motorclub coverage?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form.

Information about specific coverages

Knowing the specifics of a auto insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Collision – This will pay to fix damage to your Ninety-Eight resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as rolling your car, hitting a mailbox, colliding with a tree and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Oldsmobile Ninety-Eight.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Comprehensive coverage – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like a broken windshield, theft, damage from getting keyed and hitting a bird. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability auto insurance – Liability insurance protects you from damage or injury you incur to people or other property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability can pay for claims like medical expenses, medical services and funeral expenses. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.

Medical payments coverage and PIP – Med pay and PIP coverage kick in for short-term medical expenses for chiropractic care, EMT expenses and funeral costs. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Summing up your car insurance search

As you prepare to switch companies, it’s a bad idea to skimp on coverage in order to save money. There are a lot of situations where consumers will sacrifice liability limits or collision coverage and learned later they didn’t have enough coverage. The aim is to buy the best coverage you can find for the lowest price, not the least amount of coverage.

In this article, we presented many ideas to lower your 1994 Oldsmobile Ninety-Eight insurance rates. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. Consumers could even find that the biggest savings come from a company that doesn’t do a lot of advertising.

Drivers change insurance companies for a variety of reasons including high rates after DUI convictions, extreme rates for teen drivers, high prices or even policy non-renewal. Regardless of your reason for switching companies, finding the right car insurance provider is easier than you think.

For more information, link through to the resources below: