View 1998 Oldsmobile Regency Insurance Cost

Searching for the cheapest insurance coverage rates for your Oldsmobile Regency? Sick and tired of not being able to afford to insure your Oldsmobile every month? You are no different than the majority of other car owners.

With consumers having so many choices, it’s nearly impossible to choose the best insurance company.

The purpose of this article is to teach you how car insurance quotes work and some money-saving tips. If you are paying for car insurance now, you will be able to save some money using these techniques. Nevertheless, consumers must comprehend the way companies sell online and take advantage of how the system works.

Compare Insurance Today

There are a lot of ways to compare insurance quotes, but some are less time-consuming than others. You can waste hours discussing policy coverages with insurance companies in your area, or you can utilize the internet to achieve your goal.

Many of the larger companies participate in a marketplace that enables customers to submit one quote, and every company can give them a price based on that information. This system prevents you from having to do quote requests for every insurance company. To find out how much you’re overpaying now click here to open in new window.

The one downside to pricing coverage this way is you don’t know exactly which insurance companies to receive prices from. If you wish to select specific insurance companies to compare prices, we have assembled a list of low cost insurance companies in your area. View list of insurance companies.

It’s your choice how you get your quotes, but make darn sure you compare the exact same coverages and limits on every quote. If you enter differing limits it’s impossible to determine the best price for your Oldsmobile Regency. Quoting even small variations in coverage limits may cause a big price difference. And when price shopping your coverage, getting more free quotes provides better odds of finding better pricing.

How to reduce Oldsmobile Regency insurance rates

Insurance can be prohibitively expensive, but you can get discounts to help offset the cost. Certain discounts will be triggered automatically at quote time, but a few need to be asked about prior to getting the savings.

Homeowners Discount – Simply owning a home can help you save on insurance because owning a home shows financial diligence.
Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts up to 30%.
Anti-theft Discount – Vehicles with anti-theft systems help deter theft and therefore earn up to a 10% discount.
Federal Employees – Simply working for the federal government could cut as much as 10% off on Regency coverage depending on your company.
Save over 55 – If you qualify as a senior citizen, you may qualify for better insurance rates on Regency coverage.
Driver Safety – Taking part in a course teaching defensive driving skills can save you 5% or more if you qualify.
Driver’s Ed – Make teen driver coverage more affordable by requiring them to enroll in driver’s education if offered at their school.
Claim Free – Drivers who don’t have accidents can earn big discounts when compared to bad drivers.

Drivers should understand that most credits do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as collision or personal injury protection. So when the math indicates adding up those discounts means a free policy, companies wouldn’t make money that way. Any amount of discount will help reduce your premiums.

Companies who might offer these benefits may include but are not limited to:

Before buying, ask every prospective company what discounts are available to you. All car insurance discounts may not be available in your area.

Tailor your coverage to you

When it comes to choosing adequate coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different so your insurance needs to address that. For example, these questions may help you determine if your situation could use an agent’s help.

Is there coverage for injuries to my pets?
Am I missing any policy discounts?
Does my policy pay for OEM or aftermarket parts?
Why am I required to buy high-risk coverage?
Does my personal policy cover me when driving out-of-state?
How can I get high-risk coverage after a DUI?
Should I buy more coverage than the required minimum liability coverage?
Is my trailer covered?
Do I need replacement cost coverage on my 1998 Oldsmobile Regency?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area.

Parts of your auto insurance policy

Knowing the specifics of your auto insurance policy can be of help when determining the right coverages for your vehicles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverages offered by auto insurance companies.

Auto collision coverage

Collision insurance covers damage to your Regency resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as colliding with another moving vehicle, hitting a mailbox and colliding with a tree. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as hail damage, fire damage, rock chips in glass, theft and a broken windshield. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for immediate expenses for nursing services, rehabilitation expenses and doctor visits. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Oldsmobile Regency.

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. This is the reason having UM/UIM coverage is a good idea. Usually these coverages do not exceed the liability coverage limits.

Liability insurance

Liability coverage protects you from damages or injuries you inflict on people or other property that is your fault. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as pain and suffering, attorney fees, medical expenses and court costs. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.