1995 Pontiac Grand Prix Car Insurance Rates

Overpriced Pontiac Grand Prix insurance can empty your personal savings, especially in this economy. Doing a price comparison is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket. Insurance companies such as State Farm, Progressive and GEICO persitently shower you with catchy ads and it can be hard to sift through the bull and take the time to shop coverage around.

If you have insurance now or need new coverage, you can use these techniques to reduce the price you pay while maintaining coverages. Choosing the best insurance company for you is easy if you know what you’re doing. Drivers only need an understanding of the proper methods to compare company rates on the web.

Insurance Coverage Comparisons

Getting a cheaper price on 1995 Pontiac Grand Prix insurance doesn’t have to be difficult. You just have to spend a few minutes on the computer to compare rate quotes online from several insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  • The first (and easiest) way to compare a lot of rates at once is an all-inclusive rate comparison (click to open form in new window). This type of form keeps you from doing multiple quote forms for each company. One simple form will return quotes from insurance coverage companies with the best prices.
  • A less efficient way to shop for insurance coverage online requires a trip to the website of each company and complete a new quote form. For examples sake, let’s say you want to compare rates from Auto-Owners, State Farm and Allstate. You would have to visit each site and enter your information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.
  • The hardest method to get comparison rates is driving around to and from local insurance agencies. Shopping for insurance coverage online can eliminate the need for a local agent unless you want the personal advice of a local agent. Drivers can comparison shop your insurance online and get advice from an agent in your area and we’ll touch on that later.

It’s your choice how you get your quotes, but make absolute certain that you use exactly the same coverages with each company. If you use unequal deductibles or liability limits it will be impossible to determine the best price for your Pontiac Grand Prix.

These discounts can lower your rates

Insuring your fleet can be pricey, buy you may qualify for discounts that you may not even be aware of. Most are applied when you quote, but some must be manually applied prior to getting the savings. If they aren’t giving you every credit possible, you are paying more than you should be.

  • Auto/Life Discount – Select insurance companies reward you with lower rates if you buy auto and life insurance together.
  • Distant Student – Children who are attending college without a vehicle on campus can receive lower rates.
  • Drive Less and Save – Driving fewer miles could qualify for discounted rates on garaged vehicles.
  • Save with a New Car – Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
  • No Charge for an Accident – A few companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims for a set time period.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Good Students Pay Less – A discount for being a good student can earn a discount of 20% or more. The good student discount can last well after school through age 25.

It’s important to note that most discount credits are not given to your bottom line cost. Some only apply to individual premiums such as comprehensive or collision. Just because it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way. Any amount of discount will help reduce your premiums.

Companies that may offer these discounts include:

It’s a good idea to ask each insurance company which discounts you may be entitled to. Savings might not apply in your state.

Different people need different coverages

When choosing coverage for your personal vehicles, there really is no “perfect” insurance plan. Everyone’s situation is unique and your policy should reflect that. For example, these questions might help in determining whether or not you may require specific advice.

  • Am I getting all the discounts available?
  • Can I rent a car in Mexico?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Does insurance cover damages from a DUI accident?
  • Do all my vehicles need collision coverage?
  • Am I covered when driving in Canada or Mexico?
  • What are the best liability limits?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.

Some factors that can determine what Pontiac Grand Prix insurance costs

Smart consumers have a good feel for the rating factors that go into determining your insurance rates. Having a good understanding of what influences your rates allows you to make educated decisions that could result in better insurance rates.

  • Where you live can impact rates – Choosing to live in a rural area has it’s advantages when buying insurance. Lower population means a lower chance of having an accident. Drivers in populated areas tend to have congested traffic and longer commute times. Longer commute distances can result in more accidents.
  • Tickets mean higher rates – Just one speeding ticket may increase your cost forty percent or more. Drivers with clean records receive lower rates than their less careful counterparts. Drivers who have dangerous citations such as hit and run, DWI or reckless driving convictions may need to file a SR-22 with the DMV in their state in order to prevent a license revocation.
  • Pleasure use saves money – Driving more miles each year the more you will pay for insurance. Most insurance companies charge to insure your cars based on how the vehicle is used. Cars that are left in the garage qualify for better rates than those used for commuting. If your policy improperly rates your Grand Prix can result in significantly higher rates. Verify your insurance coverage is rated on the proper vehicle usage.
  • High credit ratings translate to low rates – A driver’s credit score is a large factor in determining your rates. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers who have lower ratings. If your credit score is low, you could save money insuring your 1995 Pontiac Grand Prix by improving your credit score.
  • Adjust deductibles and save – Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Pontiac from damage. A few examples of covered claims are collision with another vehicle, vandalism, and windstorm damage. Deductibles for physical damage are the amount of money you are required to spend before your insurance pays a claim. The more money you have to pay, the bigger discount you will receive for Grand Prix insurance.
  • Teen drivers pay high rates – Youthful drivers are known to be less responsible in a vehicle so they pay higher insurance rates. Mature drivers tend to be more responsible, statistically cause fewer accidents and tend to be better behind the wheel.
  • Optional equipment can affect rates – Choosing a vehicle with anti-theft technology or alarm system can save you a little every year. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.

Auto insurance coverage breakdown

Understanding the coverages of a auto insurance policy helps when choosing the best coverages for your vehicles. Auto insurance terms can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages found on most auto insurance policies.

Collision coverage – This coverage covers damage to your Grand Prix resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like sideswiping another vehicle, backing into a parked car, crashing into a ditch and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Liability coverages – Liability coverage provides protection from damage or injury you incur to people or other property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims like medical expenses, medical services, attorney fees, bail bonds and repair costs for stationary objects. How much coverage you buy is your choice, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your 1995 Pontiac Grand Prix.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these coverages are set the same as your liablity limits.

Comprehensive coverage – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as vandalism, a broken windshield, damage from flooding, a tree branch falling on your vehicle and theft. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like ambulance fees, pain medications and EMT expenses. They can be used in conjunction with a health insurance program or if you do not have health coverage. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Knowledge is power

Cheaper 1995 Pontiac Grand Prix insurance can be purchased online in addition to many insurance agents, and you should be comparing both to have the best rate selection. Some companies do not provide online price quotes and these small insurance companies work with independent agents.

You just learned many ideas to shop for insurance online. The key concept to understand is the more times you quote, the higher your chance of finding lower rates. Consumers may even find the lowest priced car insurance comes from a small local company. Some small companies may often insure only within specific states and give getter rates than their larger competitors like GEICO and State Farm.

When trying to cut insurance costs, it’s not a good idea to reduce coverage to reduce premium. In many cases, someone dropped comprehensive coverage or liability limits only to regret that it was a big mistake. The proper strategy is to get the best coverage possible for the lowest price while not skimping on critical coverages.

Even more information can be read in these articles: