1994 Pontiac Grand Am Car Insurance Quotes – 7 Tips to Save

Comparing insurance rates online might seem complicated at first if you have never used online rate quotes. Don’t let that stop you because we’re going to show you how.

Finding the best rates is quite easy. If you currently have a car insurance policy, you should be able to lower your premiums substantially using this strategy. But car owners can benefit from knowing how companies price online insurance because it can help you find the best coverage.

Discounts are basically free money

Companies offering auto insurance don’t necessarily list every available discount in a way that’s easy to find, so we break down both the well known and also the lesser-known discounts you could be receiving.

  • Defensive Driving Course – Completing a course teaching defensive driving skills could cut 5% off your bill if you qualify.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.
  • 55 and Retired – If you qualify as a senior citizen, you may receive a discount up to 10% on Grand Am coverage.
  • Low Mileage – Low mileage vehicles could qualify for lower rates on the low mileage vehicles.
  • Federal Government Employee – Being employed by or retired from a federal job can save as much as 8% on Grand Am coverage with a few insurance companies.
  • Good Student – This discount can get you a discount of up to 25%. The good student discount can last well after school through age 25.
  • Homeowners Savings – Being a homeowner may earn you a small savings because of the fact that having a home demonstrates responsibility.

It’s important to note that most discount credits are not given to your bottom line cost. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because you may think you could get a free insurance policy, companies wouldn’t make money that way.

Car insurance companies that may offer these benefits include:

Before buying, ask each insurance company which discounts they offer. Some discounts might not apply in your state.

Are insurance coverage companies telling the truth?

Companies like Progressive, Allstate and GEICO continually stream ads on television and other media. All the ads make an identical promise that you can save after switching to them. How can each company make the same claim? It’s all in the numbers.

Different companies can use profiling for the type of customer they prefer to insure. A good example of a desirable insured might be profiled as between the ages of 40 and 55, is a homeowner, and drives less than 10,000 miles a year. A customer getting a price quote that hits that “sweet spot” will qualify for the lowest rates and most likely will pay quite a bit less when switching companies.

Potential insureds who don’t qualify for the “perfect” profile will have to pay higher prices which leads to the customer not buying. The ads state “people who switch” but not “drivers who get quotes” save that kind of money. That’s why companies can advertise the savings. Because of the profiling, it’s extremely important to compare as many rates as you can. It is impossible to predict the company that will fit your personal profile best.

Which insurance is the “right” coverage?

When it comes to choosing adequate coverage, there isn’t really a cookie cutter policy. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out if your situation could use an agent’s help.

  • Do I need an umbrella policy?
  • At what point should I drop full coverage?
  • What can I do if my company denied a claim?
  • Does car insurance cover theft of personal property?
  • Can I drive in Mexico and have coverage?
  • Will filing a claim cost me more?
  • Which companies will insure high-risk drivers?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Can I get a multi-policy discount?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form.

The coverage is in the details

Knowing the specifics of insurance helps when choosing the best coverages for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance kick in for expenses like hospital visits, doctor visits, ambulance fees, EMT expenses and chiropractic care. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Coverage for collisions

Collision coverage covers damage to your Grand Am from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as crashing into a building, damaging your car on a curb and colliding with a tree. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Liability

This coverage can cover damage or injury you incur to other people or property in an accident. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability can pay for claims like repair bills for other people’s vehicles, loss of income, attorney fees and structural damage. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive auto coverage

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as hitting a deer, a broken windshield and hitting a bird. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Pontiac Grand Am.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Save your cold hard cash

When you buy insurance online, it’s not a good idea to sacrifice coverage to reduce premiums. In many cases, someone sacrificed comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. The aim is to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

We just presented some good ideas how to compare 1994 Pontiac Grand Am insurance prices online. The most important thing to understand is the more companies you get rates for, the higher the chance of saving money. Drivers may discover the best prices are with an unexpected company.

People change insurance companies for a number of reasons such as not issuing a premium refund, extreme rates for teen drivers, questionable increases in premium or even lack of trust in their agent. Regardless of your reason, finding the right car insurance provider can be easier than you think.

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