Save on 2004 Pontiac Bonneville Insurance Quotes

Want lower auto insurance rates for your Pontiac Bonneville? Are you intimidated by the dozens of auto insurance options? You’re not alone. Drivers have so many options available that it can quickly become a real hassle to find the best price.

Parts of the Pontiac Bonneville rate equation

It’s important that you understand the different types of things that help determine insurance coverage rates. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that can help you get lower insurance coverage prices.

The following are a partial list of the pieces used by your company to calculate your rates.

Too many insurance coverage claims drive up costs – Insurance companies award cheaper rates to insureds who do not rely on their insurance for small claims. If you frequently file small claims, you can expect either higher rates or even cancellation. Auto insurance is designed for major claims that would cause financial hardship.
How credit affects insurance coverage rates – Credit score is a big factor in determining your rates. So if your credit is lower than you’d like, you could save money insuring your 2004 Pontiac Bonneville by improving your credit score. Drivers with good credit tend to file fewer claims and have better driving records than those with poor credit.
Your job and insurance rates – Occupations such as lawyers, social workers and stock brokers tend to have the highest rates attributed to high stress and lots of time spent at work. On the other hand, jobs such as scientists, students and the unemployed receive lower rates on Bonneville coverage.
Do you need the policy add-ons? – There are many extra bells and whistles that you can buy on your Bonneville policy. Insurance for personal injury protection, towing coverage and term life insurance are examples of these. They may seem good initially, but if they’re wasting money eliminate the coverages to reduce your premium.
Cautious drivers pay less – Careful drivers have lower premiums compared to drivers with tickets. Even one moving violation can boost insurance rates by as much as thirty percent. If you have flagrant violations like reckless driving, hit and run or driving under the influence may find they need to file a SR-22 to the state department of motor vehicles in order to keep their license.
Older drivers save more – Older insureds are more cautious drivers, file fewer claims and receive fewer citations. Teen drivers are statistically proven to be more careless when behind the wheel and because of this, their insurance coverage rates are much higher.
Lower miles equals lower premium – The more miles you rack up on your Pontiac each year the more you’ll pay to insure your vehicle. The majority of insurers price each vehicle’s coverage based on their usage. Vehicles that are left in the garage get more affordable rates as compared to vehicles used primarily for driving to work. Verify your insurance coverage policy properly reflects how each vehicle is driven. Incorrect usage on your Bonneville can result in significantly higher rates.

Cut your premium with discounts

Insurance can be prohibitively expensive, but you may find discounts that many people don’t even know exist. Certain discounts will be applied at the time of quoting, but lesser-known reductions have to be inquired about prior to getting the savings.

Pay Upfront and Save – If you pay your bill all at once rather than paying monthly you could save 5% or more.
Homeowners Discount – Being a homeowner may trigger a auto insurance policy discount because owning a home is proof that your finances are in order.
Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and earn discounts up to 10%.
Distant Student – Children living away from home attending college without a vehicle on campus can receive lower rates.
Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
Service Members Pay Less – Having a deployed family member could be rewarded with lower premiums.
Fewer Miles Equal More Savings – Fewer annual miles on your Pontiac could qualify for a substantially lower rate.

Drivers should understand that most discounts do not apply to the overall cost of the policy. A few only apply to specific coverage prices like comprehensive or collision. Just because it seems like you could get a free auto insurance policy, it just doesn’t work that way. But all discounts will reduce the cost of coverage.

Car insurance companies that possibly offer these money-saving discounts include:

Check with each company what discounts are available to you. Savings may not apply in every state.

Don’t believe everything you hear

Insurance companies such as Geico, State Farm and Progressive consistently run ads on TV and radio. They all seem to make the same claim of big savings if you change to them. How do they all make almost identical claims? It’s all in the numbers.

All the different companies have a certain “appetite” for the type of driver they prefer to insure. For instance, a profitable customer might be a mature driver, a clean driving record, and has great credit. A customer who meets those qualifications will get the preferred rates and is almost guaranteed to save when they switch companies.

Consumers who don’t measure up to this ideal profile will be charged higher prices and ends up with business not being written. Company advertisements say “customers who switch” but not “drivers who get quotes” save that much money. That is how companies can truthfully advertise the way they do.

That is why drivers must quote coverage with many companies. You cannot predict which insurance company will have the lowest Pontiac Bonneville insurance rates.

What is the best insurance coverage?

When it comes to choosing the right insurance coverage for your personal vehicles, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions could help you determine whether you would benefit from an agent’s advice.

Is a fancy paint job covered?
What is high-risk coverage and where do I buy it?
Does my policy pay for OEM or aftermarket parts?
Am I covered if I break a side mirror?
How high should deductibles be on a 2004 Pontiac Bonneville?
What are the financial responsibility laws in my state?
Which is better, split liability limits or combined limits?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form.

Auto insurance policy specifics

Understanding the coverages of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Pontiac Bonneville.

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. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages are similar to your liability insurance amounts.

Comprehensive auto coverage

This coverage will pay to fix damage that is not covered by collision coverage. 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, hitting a bird, fire damage and a tree branch falling on your vehicle. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability auto insurance

This provides protection from damage that occurs to other’s property or people in an accident. It protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like structural damage, loss of income and bail bonds. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like ambulance fees, X-ray expenses, funeral costs, doctor visits and surgery. They are used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as hitting a mailbox, sustaining damage from a pot hole, rolling your car, sideswiping another vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. It’s also possible to raise the deductible to bring the cost down.

One last thing

When buying insurance coverage, don’t be tempted to skimp on coverage in order to save money. Too many times, someone dropped full coverage to discover at claim time they didn’t have enough coverage. The proper strategy is to purchase plenty of coverage for the lowest price while not skimping on critical coverages.

We just covered some good ideas how to compare 2004 Pontiac Bonneville insurance prices online. It’s most important to understand that the more times you quote, the higher your chance of finding lower rates. Drivers may discover the lowest premiums are with a smaller regional carrier.

Consumers leave their current company for a number of reasons such as questionable increases in premium, not issuing a premium refund, poor customer service or high prices. Regardless of your reason, finding a new insurance company is not as hard as you think.