1998 Pontiac Grand Prix Car Insurance Rates – 8 Policy Discounts

No one in their right mind looks forward to buying auto insurance, particularly when the price is too high.

With so many options, it is hard for the average consumer to find the lowest price insurer.

It’s a good idea to do rate comparisons at least once a year because insurance rates are adjusted regularly by insurance companies. Even if you think you had the best deal on Grand Prix insurance last year there is a good chance you can find better rates now. Block out anything you think you know about auto insurance because you’re about to find out one of the easiest ways to properly buy coverages while reducing your premium.

Finding affordable coverage is quite easy. If you are paying for car insurance now, you will most likely be able to cut costs considerably using these methods. Nevertheless, car owners must learn how insurance companies price online insurance because it can help you find the best coverage.

The fastest way that we advise to compare insurance rates in your area is to know the fact auto insurance companies allow for online access to give free rates quotes. The only thing you need to do is give them some information including if your license is active, level of coverage desired, marital status, and whether or not you need a SR-22. Your information is then submitted to all major companies and you will receive price estimates with very little delay.

Is there truth in advertising?

Companies like Progressive, Allstate and GEICO continually stream television and radio advertisements. All the ads make the same claim that you’ll save big after switching your policy. How do they all say the same thing?

All companies have a preferred profile for the type of driver that earns them a profit. An example of a preferred risk might be profiled as between 30 and 50, owns a home, and drives less than 10,000 miles a year. A driver who matches those parameters will get very good rates and is almost guaranteed to save quite a bit of money when switching.

Consumers who fall outside the “perfect” profile will be charged a more expensive rate which leads to business going elsewhere. The ads say “customers who switch” not “everybody who quotes” save money. That is how companies can claim big savings. That is why you should compare as many rates as you can. Because you never know which company will have the lowest Pontiac Grand Prix insurance rates.

How much can you save with these eight discounts?

Companies offering auto insurance don’t always publicize every discount in an easy-to-find place, so we break down some of the more common and also the lesser-known discounts you could be receiving.

  • Drive Safe and Save – Insureds without accidents can get discounts for up to 45% lower rates on Grand Prix insurance than their less cautious counterparts.
  • Federal Employees – Being employed by or retired from a federal job can save as much as 8% on Grand Prix insurance with certain companies.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. This discount can apply up to age 25.
  • Multi-car Discount – Insuring more than one vehicle on one policy qualifies for this discount.
  • Theft Prevention Discount – Vehicles with anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • Bundle and Save – If you have multiple policies with the same insurance company you could get a discount of approximately 10% to 15%.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes can reduce accidents and therefore earn up to a 10% discount.
  • Passive Restraints – Cars that have air bags or automatic seat belts can qualify for discounts of more than 20%.

It’s important to note that some credits don’t apply to the entire policy premium. A few only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates adding up those discounts means a free policy, companies wouldn’t make money that way.

To see a list of providers with discount insurance rates, click here to view.

How much car insurance do I need?

When it comes to buying coverage, there isn’t really a cookie cutter policy. Each situation is unique so your insurance should reflect that Here are some questions about coverages that might point out whether or not you might need professional guidance.

  • Is my 1998 Pontiac Grand Prix covered for smoke damage?
  • Where can I get insurance after a DUI in my state?
  • Do I have coverage when pulling a U-Haul trailer?
  • Exactly who is provided coverage by my policy?
  • Is my cargo covered for damage or theft?
  • Do I need replacement cost coverage on my 1998 Pontiac Grand Prix?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Why am I be forced to buy a membership to get insurance from some companies?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

Insurance coverages explained

Having a good grasp of insurance can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Shown next are typical coverage types offered by insurance companies.

Medical payments coverage and PIP – Med pay and PIP coverage provide coverage for immediate expenses like X-ray expenses, ambulance fees, funeral costs, prosthetic devices and EMT expenses. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. 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. PIP is not universally available but can be used in place of medical payments coverage

Liability coverage – Liability coverage protects you from damage that occurs to people or other property that is your fault. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for things like repair costs for stationary objects, emergency aid, loss of income and medical services. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Collision – Collision coverage will pay to fix damage to your Grand Prix from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as hitting a parking meter, crashing into a ditch, crashing into a building, colliding with another moving vehicle and colliding with a tree. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive coverage – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as theft, hail damage, damage from flooding and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage – This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Find Good Coverage for Less

Cost effective 1998 Pontiac Grand Prix insurance can be purchased online and also from your neighborhood agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who may not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

When buying insurance coverage, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured dropped physical damage coverage only to regret at claim time that the few dollars in savings costed them thousands. The ultimate goal is to find the BEST coverage for the lowest price, not the least amount of coverage.

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