Looking for lower car insurance rates for your Pontiac Grand Am? Are you confused by the wide range of car insurance options? You’re not alone. There are so many choices that it can easily become more work than you anticipated to find the lowest price.
Consumers need to shop coverage around occasionally because prices change frequently. If you had the lowest rates on Grand Am coverage a few years ago you will most likely find a better rate today. There is a lot of bad information regarding car insurance on the internet, so with this article, you’re going to get some of the best ways to find affordable car insurance.
Performing a rate comparison can be a lot of work if you don’t utilize the fastest way to get free quotes. You could waste time talking to insurance companies in your area, or you can utilize online quoting to get pricing more quickly.
The majority of car insurance companies are enrolled in a marketplace where prospective buyers enter their policy data once, and at least one company returns a competitive quote determined by their information. This eliminates the need for quote requests to every company. To access this free quoting program, click here (opens in new window).
The single downside to using this type of form is that you can’t choose the providers you will receive quotes from. So if you want to choose individual companies to compare, we put together a list of insurance coverage companies in your area. Click here for list of insurance companies.
It’s your choice how you get your quotes, but double check that you are using apples-to-apples information with each company. If you use different limits and deductibles on each one it’s not possible to determine the lowest rate for your Pontiac Grand Am. Slightly different coverage limits can mean a large discrepancy in price. Just keep in mind that having more price comparisons provides better odds of finding lower pricing.
The cost of insuring your cars can be expensive, buy you may qualify for discounts to reduce the price significantly. Some trigger automatically when you complete an application, but a few need to be asked for prior to receiving the credit.
As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Most cut the cost of specific coverages such as comprehensive or collision. Even though it may seem like you could get a free insurance policy, you won’t be that lucky. Any amount of discount will reduce your premiums.
Companies that possibly offer some of the above discounts include:
Check with each company which discounts they offer. Some discounts may not be available in your state.
When choosing adequate coverage, there isn’t really a single plan that fits everyone. Each situation is unique.
For instance, these questions might point out whether you would benefit from an agent’s advice.
If you don’t know the answers to these questions but a few of them apply, you may need to chat with an agent. If you don’t have a local agent, complete this form.
Knowing the specifics of your policy can help you determine appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and coverage can change by endorsement.
Liability – Liability insurance can cover damages or injuries you inflict on other people or property. It protects you against other people’s claims. It does not cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage protects against things such as loss of income, emergency aid, legal defense fees, funeral expenses and bail bonds. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.
Uninsured and underinsured coverage – This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.
Since many drivers have only the minimum liability required by law, 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. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims such as hitting a deer, a tree branch falling on your vehicle, damage from getting keyed and hail damage. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Coverage for medical payments – Coverage for medical payments and/or PIP provide coverage for expenses like pain medications, X-ray expenses and surgery. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay
Collision coverages – Collision insurance covers damage to your Grand Am resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims like crashing into a ditch, driving through your garage door, colliding with a tree and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.