Cheap 2002 Pontiac Grand Prix Insurance Rates

Are you tired of being strong-armed to pay your car insurance bill each month? You’re in the same situation as millions of other consumers.

Since consumers have many companies and agents to choose from, it can be diffult for consumers to locate the right provider.

Consumers should take time to compare prices at least once a year due to the fact that insurance rates trend upward over time. Just because you found the lowest rates on Grand Prix insurance on your last policy there is a good chance you can find better rates now. So forget anything you know (or think you know) about car insurance because I’m going to teach you the fastest way to save money, get proper coverage and the best rates.

Compare the Market for Auto Insurance

Comparing auto insurance rates can take time and effort if you don’t understand the most efficient way to do it. You can spend your afternoon driving to local insurance agents in your area, or you can utilize online quotes to maximize your effort.

All the larger companies take part in a program that enables customers to submit their information once, and each participating company can give them a price based on that information. This system prevents you from having to do quote forms for every auto insurance company. To fill out one form to compare multiple rates now click here to open in new window.

One minor caviat to getting quotes like this is that consumers can’t choose which companies you will receive quotes from. If you prefer to choose specific providers to receive pricing from, we have a page of companies who write auto insurance in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just ensure you’re using apples-to-apples coverage limits for every quote you compare. If you compare different liability limits it’s not possible to truly determine the lowest rate. Quoting even small variations in coverages may result in large price differences. And when comparison shopping, having more price comparisons will enable you to find a better price.

Don’t listen to company ads

Insurance coverage companies such as State Farm and Allstate constantly bombard you with television and radio advertisements. They all seem to say the same thing of big savings if you switch to their company. How does each company claim to save you money? This is how they do it.

Different companies are able to cherry pick for the type of customer they prefer to insure. For example, a driver they prefer might be profiled as a mature driver, has no driving citations, and drives less than 7,500 miles a year. A driver who matches those parameters is entitled to the best price and as a result will probably cut their rates substantially.

Potential customers who are not a match for the requirements will have to pay a more expensive rate and this can result in business going elsewhere. The ads say “customers that switch” not “people who quote” save that kind of money. This is how insurance companies can confidently advertise the way they do. Because of the profiling, it’s extremely important to compare many company’s rates. You cannot predict the company that will give you the biggest savings on Pontiac Grand Prix insurance.

These discounts can slash auto insurance rates

Companies offering auto insurance don’t always list every available discount in a way that’s easy to find, so here is a list both well-publicized and the harder-to-find auto insurance savings.

  • Employee of Federal Government – Employees or retirees of the government may qualify you for a discount on Grand Prix insurance depending on your company.
  • Homeowners Savings – Owning a house can save you money because maintaining a house demonstrates responsibility.
  • New Vehicle Savings – Adding a new car to your policy can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Save over 55 – Older drivers may receive a small decrease in premiums on Grand Prix insurance.
  • Accident Free – Claim-free drivers pay less compared to accident-prone drivers.
  • Use Seat Belts – Requiring all passengers to use their safety belts can save up to 15% off the personal injury premium cost.
  • Paperwork-free – A handful of insurance companies will give a small break for buying your policy online.

It’s important to note that many deductions do not apply to all coverage premiums. Most cut specific coverage prices like liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, you’re out of luck.

To see a list of companies who offer auto insurance discounts, click here to view.

When might I need the advice of an agent?

When it comes to buying the best car insurance coverage for your vehicles, there really is no “perfect” insurance plan. Each situation is unique and a cookie cutter policy won’t apply. These are some specific questions may help highlight whether your personal situation would benefit from professional advice.

  • What can I do if my company denied a claim?
  • At what point should I drop full coverage?
  • Who is covered when they drive my 2002 Pontiac Grand Prix?
  • What is the difference between comprehensive and collision coverage?
  • Do I need medical payments coverage since I have good health insurance?
  • Why am I required to get a high-risk car insurance policy?
  • Do I need added coverage for expensive stereo equipment?
  • How much underlying liability do I need for an umbrella policy?
  • Are my friends covered when driving my car?
  • Is my camper covered by my car insurance policy?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

Car insurance specifics

Learning about specific coverages of car insurance aids in choosing appropriate coverage for your vehicles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages available from car insurance companies.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as falling objects, hitting a bird, vandalism, rock chips in glass and hitting a deer. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical costs insurance – Med pay and PIP coverage kick in for bills for X-ray expenses, chiropractic care, rehabilitation expenses, dental work and hospital visits. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Collision – Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as sideswiping another vehicle, driving through your garage door and backing into a parked car. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible in order to get cheaper collision rates.

UM/UIM Coverage – This coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Pontiac Grand Prix.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Liability insurance – This coverage protects you from damage or injury you incur to other people or property in an accident. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims like medical expenses, legal defense fees and loss of income. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Saving money makes a lot of cents

Cost effective 2002 Pontiac Grand Prix insurance can be purchased both online in addition to many insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. There are still a few companies who do not provide online quoting and most of the time these small, regional companies sell through independent agents.

We just covered a lot of information how to save on insurance. It’s most important to understand that the more quotes you get, the higher the chance of saving money. Consumers could even find that the lowest priced insurance comes from a small local company. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive and GEICO.

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