1995 Oldsmobile Silhouette Insurance Rates – 5 Ways to Save

Want the cheapest car insurance rates for your Oldsmobile Silhouette? Finding affordable car insurance is hard for beginners to comparing rates online. There are so many choices that it can turn into a ton of work to find the best price.

If you currently have a car insurance policy, you stand a good chance to be able to save some money using this strategy. Locating cheaper coverage can be fairly easy. Although drivers do need to know the methods companies use to compete online and use this information to your advantage.

Which Insurance is Cheapest?

To find the best insurance prices, there are several ways to get quotes from local insurance companies. By far the easiest way to find the lowest 1995 Oldsmobile Silhouette rates is to use the internet to compare rates. It is quite easy and can be accomplished using a couple different methods.

  • One of the best ways to get the best comparison quotes would be an industry-wide quote request form click here to open form in new window. This form prevents you from having to do a different quote for every insurance company. Completing one form will return price quotes from all major companies. It’s the fastest way to compare.
  • A more difficult way to find lower rates requires a visit to the website for each individual company and request a quote. For example, we’ll assume you want rates from Liberty Mutual, Progressive and American Family. To get each rate you have to visit each site and enter your information, which is why the first method is quicker.

    To view a list of companies in your area, click here.

It’s up to you how you get prices quotes, just double check that you are using identical coverage limits for every company. If you use differing limits it will be next to impossible to truly determine the lowest rate. Slightly different coverages may cause a big price difference. Keep in mind that getting more free quotes helps locate a lower rate.

Are you falling for claims of savings?

Insurance companies such as State Farm, Allstate and GEICO regularly use ads on television and other media. They all seem to say the same thing that you’ll save big if you move to their company. How do they all make the same claim? It’s all in the numbers.

All companies have a certain “appetite” for the driver that makes them money. An example of a driver they prefer might be profiled as between the ages of 30 and 50, is a homeowner, and drives newer vehicles. A customer who fits that profile receives the best rates and therefore will save when switching.

Drivers who don’t qualify for the requirements will be quoted a higher premium which leads to business not being written. The ads say “customers who switch” not “people who quote” save that kind of money. That’s the way companies can make those claims. This emphasizes why it is so important to get quotes from several different companies. It’s just too difficult to predict the company that will have the lowest Oldsmobile Silhouette insurance rates.

Discounts can save BIG

Auto insurance companies do not advertise every discount very clearly, so we break down some of the more common as well as the least known ways to save on car insurance.

  • Pay Now and Pay Less – If you pay your bill all at once instead of monthly or quarterly installments you could save 5% or more.
  • Good Student – A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
  • Sign Online – A few companies will give a small break for buying your policy online.
  • Life Insurance – Larger companies have a discount if you purchase auto and life insurance together.
  • Homeowners Savings – Owning a home may trigger a car insurance policy discount because owning a home demonstrates responsibility.

It’s important to note that most discount credits are not given to the entire cost. Most only cut specific coverage prices like collision or personal injury protection. Even though it may seem like you could get a free car insurance policy, companies don’t profit that way.

Companies that may offer some of the above discounts include:

It’s a good idea to ask each insurance company what discounts are available to you. All car insurance discounts might not apply everywhere.

Will just any policy work for me?

When it comes to choosing coverage, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help you determine whether you may require specific advice.

  • Is my 1995 Oldsmobile Silhouette covered for smoke damage?
  • Do all my vehicles need collision coverage?
  • When should I buy a commercial auto policy?
  • Should I sign the liability waiver when renting a car?
  • What is the rate difference between pleasure use and commuting?
  • Does insurance cover tools stolen from my truck?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form.

Auto insurance policy coverages for a 1995 Oldsmobile Silhouette

Knowing the specifics of auto insurance can be of help when determining the best coverages and the correct deductibles and limits. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist coverage – This coverage gives you protection when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Oldsmobile Silhouette.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Collision coverage – Collision insurance will pay to fix damage to your Silhouette from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like hitting a parking meter, rolling your car, driving through your garage door and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Another option is to bump up the deductible to get cheaper collision coverage.

Coverage for liability – Liability coverage will cover damage that occurs to people or other property in an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things like funeral expenses, emergency aid, repair bills for other people’s vehicles, attorney fees and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for immediate expenses for chiropractic care, hospital visits, rehabilitation expenses and funeral costs. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

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

Comprehensive can pay for things like falling objects, a tree branch falling on your vehicle, hitting a deer, fire damage and theft. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

At the end of the day…

You just read quite a bit of information on how to save on 1995 Oldsmobile Silhouette insurance. It’s most important to understand that the more you quote, the better chance you’ll have of finding lower rates. You may even discover the lowest rates come from an unexpected company.

When shopping online for insurance coverage, make sure you don’t reduce coverage to reduce premium. There are many occasions where someone dropped full coverage to discover at claim time that the savings was not a smart move. Your strategy should be to find the BEST coverage for the lowest price while not skimping on critical coverages.

Discount insurance can be purchased from both online companies and with local insurance agents, so compare prices from both to have the best selection. Some insurance coverage companies do not offer online quoting and many times these regional insurance providers only sell through independent insurance agents.

More information can be found on the following sites: