2004 Pontiac GTO Insurance Quotes – 10 Policy Discounts

Searching for cheaper insurance coverage rates for your Pontiac GTO? Nobody I know likes paying for insurance coverage, especially when their premiums are through the roof.

Multiple car insurance companies compete to insure your vehicles, so it can be very hard to choose a provider to find the best rate

Where Can I Get Cheap Insurance Coverage?

To find the best insurance coverage prices, there are several ways of comparing rates and find the best price. The easiest way by far to find the cheapest 2004 Pontiac GTO insurance rates is simply to get online rate quotes. This can be done in a couple of different ways.

  • One of the simplest ways to find the lowest comparison rates is to use a rate comparison form click here to open form in new window. This method prevents you from having to do boring form submissions to each individual insurance coverage company. One form submission will return price quotes from all major companies.
  • A harder way to shop for insurance coverage online requires a visit to the website for every company you want to comare to request a price quote. For examples sake, let’s say you want to compare rates from State Farm, Allstate and Liberty Mutual. To find out each rate you need to take the time to go to each site and enter your policy data, which is why most consumers use the first method.

    For a list of links to companies insuring cars in your area, click here.

Which method you use is up to you, but ensure you’re using the exact same coverage limits and deductibles for every quote you compare. If you compare differing limits you can’t possibly determine which rate is truly the best. Quoting even small variations in coverage limits can mean a large discrepancy in price. And when price shopping your coverage, more quotes gives you a better chance of getting the best offered rates.

More discounts equal less premium

Car insurance companies don’t always list all their discounts very well, so we took the time to find both the well known and the more hidden savings tricks you should be using.

  • Military Discounts – Having a deployed family member can result in better rates.
  • No Charge for an Accident – Certain companies will allow you to have one accident before your rates go up if you are claim-free for a particular time prior to the accident.
  • Federal Government Employee – Active or retired federal employment could cut as much as 10% off for GTO insurance depending on your company.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and will save you 10% or more.
  • Early Signing – A few companies offer discounts for signing up before your current policy expires. This can save 10% or more.
  • Safe Drivers – Safe drivers may receive a discount up to 45% less for GTO insurance than drivers with accidents.
  • Senior Citizens – Mature drivers can possibly qualify for a discount up to 10% for GTO insurance.
  • Claim Free – Good drivers with no accidents can earn big discounts when compared to accident-prone drivers.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy may reduce the rate for each vehicle.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.

Consumers should know that most of the big mark downs will not be given to your bottom line cost. The majority will only reduce individual premiums such as collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, you won’t be that lucky.

Companies that possibly offer these discounts are:

It’s a good idea to ask all companies you are considering what discounts are available to you. Discounts may not be available in your area.

It’s not one size fits all

When it comes to choosing the best insurance coverage coverage for your vehicles, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions may help highlight whether your personal situation could use an agent’s help.

  • Should I put collision coverage on all my vehicles?
  • Do I need PIP coverage since I have good health insurance?
  • Am I covered if I crash into my own garage door?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Why does it cost so much to insure a teen driver?
  • Is my nanny covered when driving my vehicle?
  • What discounts do I qualify for?
  • Is motorclub coverage worth it?
  • Does insurance cover damages from a DUI accident?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies.

Auto insurance coverage basics

Understanding the coverages of auto insurance helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Shown next are the normal coverages offered by auto insurance companies.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like X-ray expenses, EMT expenses, chiropractic care and nursing services. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision) – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as theft, hitting a deer, hail damage, damage from flooding and vandalism. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Pontiac GTO.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Collision – This coverage pays to fix your vehicle from damage caused by collision 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 scraping a guard rail, colliding with a tree and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to raise the deductible to get cheaper collision coverage.

Auto liability insurance – This coverage provides protection from damage that occurs to other people or property by causing an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like structural damage, medical services, medical expenses and pain and suffering. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

You can do this!

In this article, we presented a lot of information how to reduce 2004 Pontiac GTO insurance prices online. The most important thing to understand is the more price quotes you have, the higher your chance of finding lower rates. You may even find the best prices are with the smaller companies. They can often provide lower rates in certain areas than their larger competitors like Progressive and Geico.

Cheaper insurance can be bought both online and with local insurance agents, and you should compare price quotes from both to get a complete price analysis. A few companies do not offer online price quotes and most of the time these smaller companies sell through independent agents.

When buying insurance coverage, it’s a bad idea to reduce needed coverages to save money. There are a lot of situations where an insured cut collision coverage and discovered at claim time that the small savings ended up costing them much more. Your aim should be to buy enough coverage for the lowest price while still protecting your assets.

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