Searching for better insurance rates for your Saturn L-Series? Having to pay for overpriced insurance can overdraw your checking account and put the squeeze on your family’s finances. Shopping your coverage around is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.
Multiple insurance companies compete for your business, and it can be difficult to compare rates and uncover the absolute lowest rate
It is always a good idea to get comparison quotes occasionally since insurance rates change regularly. Just because you had the best price for L-Series insurance six months ago you can probably find a lower rate today. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the right way to find great coverage at a great price.
It’s important that you understand the factors that play a part in calculating the price you pay for insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that can help you get big savings.
Shown below are some of the factors used by your company to calculate your rates.
There are several ways of comparing price quotes from local auto insurance companies. The easiest way to find the lowest 2001 Saturn L-Series rates is simply to get online rate quotes. This can be done in just a few minutes using one of these methods.
It doesn’t matter which method you choose, just double check that you are using exactly the same coverage limits and deductibles with every price quote. If you enter different deductibles you will not be able to make a fair comparison for your Saturn L-Series. Slightly different coverage limits can result in a big premium difference. Keep in mind that getting more free quotes gives you a better chance of getting lower pricing.
Insurance can be prohibitively expensive, but you may find discounts to help offset the cost. Certain discounts will be applied when you quote, but some may not be applied and must be manually applied prior to getting the savings.
Drivers should understand that most credits do not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like it’s possible to get free car insurance, insurance coverage companies aren’t that generous. But all discounts will reduce your premiums.
Insurance companies that possibly offer some of the above discounts include:
Double check with each insurance company which discounts you may be entitled to. Discounts may not apply in your state.
When choosing the right insurance coverage, there is no one size fits all plan. Every situation is different so this has to be addressed. Here are some questions about coverages that might point out whether you would benefit from an agent’s advice.
If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.
Learning about specific coverages of a auto insurance policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. Listed below are the usual coverages available from auto insurance companies.
Liability – This will cover damage or injury you incur to people or other property that is your fault. It protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage protects against claims like court costs, bail bonds, emergency aid, funeral expenses and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.
Collision coverages – Collision coverage will pay to fix damage to your L-Series caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for things such as crashing into a building, colliding with a tree, damaging your car on a curb, sideswiping another vehicle and hitting a mailbox. This coverage can be expensive, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible to save money on collision insurance.
Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like a tree branch falling on your vehicle, a broken windshield, rock chips in glass and hail damage. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
UM/UIM Coverage – Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Saturn L-Series.
Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time these limits are set the same as your liablity limits.
Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like surgery, X-ray expenses, dental work, hospital visits and pain medications. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible
When buying insurance coverage, make sure you don’t skimp on critical coverages to save a buck or two. There are a lot of situations where someone sacrificed collision coverage only to find out that the small savings ended up costing them much more. The ultimate goal is to find the BEST coverage for the lowest price, not the least amount of coverage.
In this article, we presented many tips how you can lower your 2001 Saturn L-Series insurance rates. The key thing to remember is the more quotes you get, the better chance you’ll have of finding lower rates. Consumers could even find that the lowest rates come from some of the lesser-known companies. They may cover specific market segments cheaper as compared to the big name companies such as Allstate and Progressive.