Trying to find lower auto insurance rates for your Oldsmobile Intrigue? Did you fall for a flashy sales pitch and buy high-priced auto insurance? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out.
Lots of car insurance companies contend for your business, and it can be difficult to compare rates and get the best coverage at the best price available.
If you are paying for car insurance now, you will be able to cut costs considerably using this information. Buying car insurance is not rocket science. Nevertheless, vehicle owners do need to understand how big insurance companies price online insurance and use this information to your advantage.
The quickest method to compare insurance rates in your area is to know the trick almost all companies actually pay money for the chance to compare their rates. All you need to do is spend a couple of minutes providing details like what you do for a living, whether your vehicle is owned or leased, if it has an anti-theft system, and how much you drive. Your insurance information is then sent to insurance companies and they provide comparison quotes quickly.
It’s important that you understand the rating factors that help determine auto insurance rates. Understanding what controls the rates you pay helps enable you to make changes that will entitle you to lower auto insurance prices.
Insurance can be prohibitively expensive, buy you may qualify for discounts to cut the cost considerably. Most are applied at the time of quoting, but a few need to be asked for prior to getting the savings.
It’s important to note that most discount credits are not given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So when it seems like all the discounts add up to a free policy, insurance coverage companies aren’t that generous. But all discounts will help reduce the cost of coverage.
To see a list of companies with discount insurance coverage rates, follow this link.
When it comes to choosing adequate coverage for your personal vehicles, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions might point out if you might need professional guidance.
If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Knowing the specifics of car insurance helps when choosing appropriate coverage for your vehicles. Car insurance terms can be ambiguous and nobody wants to actually read their policy. These are typical coverages found on most car insurance policies.
Uninsured/Underinsured Motorist (UM/UIM) – This coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Normally these coverages are identical to your policy’s liability coverage.
Collision – Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision insurance covers claims such as hitting a parking meter, scraping a guard rail, crashing into a building, driving through your garage door and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also increase the deductible to bring the cost down.
Liability auto insurance – This protects you from damages or injuries you inflict on people or other property. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.
Liability coverage pays for things such as attorney fees, legal defense fees, loss of income, funeral expenses and structural damage. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.
Comprehensive insurance – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like theft, damage from a tornado or hurricane, a tree branch falling on your vehicle, hitting a bird and damage from getting keyed. The most you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as dental work, prosthetic devices, pain medications and surgery. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay
As you prepare to switch companies, don’t be tempted to buy lower coverage limits just to save a few bucks. In many cases, an insured dropped comprehensive coverage or liability limits only to find out that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible at an affordable rate while still protecting your assets.
In this article, we covered some good ideas how to lower your 1999 Oldsmobile Intrigue insurance rates. The key thing to remember is the more quotes you get, the higher your chance of finding lower rates. Consumers could even find that the best price on insurance is with an unexpected company. Regional companies may cover specific market segments cheaper compared to the large companies like Progressive or GEICO.
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