2004 Pontiac Grand Am Car Insurance Rates – 7 Ways to Save

Trying to find cheaper auto insurance rates for your Pontiac Grand Am? Nobody cherishes buying auto insurance, particularly when the price is too high. Insurance companies such as Progressive, State Farm and GEICO all claim big savings with advertising and it can be hard to avoid their marketing magic and do the work needed to find the best deal.

Insurance Comparisons

Lowering your 2004 Pontiac Grand Am insurance rates is not a difficult process. All you need to do is spend a little time comparing rates online from several insurance companies. This can be accomplished in several different ways.

  1. Probably the best way consumers can make multiple comparisons is to use a rate comparison form (click to open form in new window). This easy form saves time by eliminating boring form submissions for each company you want a rate for. One simple form will return quotes from all major companies.
  2. A less efficient way to compare rate quotes consists of visiting the website for every company you want to comare to complete a price quote. For example, we’ll assume you want to compare Farmers, Safeco and Progressive. To get each rate you have to spend time on each company’s site to enter your coverage information, which is why the first method is quicker. For a list of links to insurance companies in your area, click here.
  3. The most time-consuming way of getting rate comparisons is to waste gas driving to and from local insurance agencies. The internet has reduced the need for local agents unless you prefer the professional guidance that only a license agent can provide. However, consumers can compare online quotes and still use a local agent and we’ll talk about that later.

It’s your choice how you get your quotes, but double check that you are using identical coverage information for every company. If you enter different limits and deductibles on each one it will be next to impossible to determine the best price for your Pontiac Grand Am.

Cut your car insurance rates with these seven discounts

The price of auto insurance can be rather high, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply at quote time, but a few must be specifically requested before being credited. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Employee of Federal Government – Active or retired federal employment could cut as much as 10% off for Grand Am coverage depending on your company.
  • Save over 55 – Older drivers may receive better car insurance rates for Grand Am coverage.
  • Lower Rates for Military – Being deployed with a military unit could be rewarded with lower premiums.
  • Low Mileage Discounts – Fewer annual miles on your Pontiac could qualify for lower rates on the low mileage vehicles.
  • Safety Course Discount – Taking part in a defensive driving course could save 5% or more and easily recoup the cost of the course.
  • Paperless Signup – A few companies give back up to $50 for buying your policy on their website.
  • Accident Forgiveness – Certain companies permit an accident without raising rates if your claims history is clear prior to the accident.

Consumers should know that many deductions do not apply the the whole policy. Most only reduce the price of certain insurance coverages like liability and collision coverage. So when it seems like you could get a free car insurance policy, companies don’t profit that way. Any amount of discount will bring down your overall premium however.

A partial list of companies who might offer some of the above discounts include:

Check with all companies you are considering which discounts you may be entitled to. Savings might not apply in every state.

You are unique and your car insurance should be too

When buying the best car insurance coverage, there isn’t really a perfect coverage plan. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions could help you determine whether your personal situation might need an agent’s assistance.

  • I have health insurance so do I need medical payments coverage?
  • Am I covered if I hit a deer?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Am I missing any policy discounts?
  • Can my teen driver be rated on a liability-only vehicle?
  • Is pleasure use cheaper than using my 2004 Pontiac Grand Am to commute?
  • Who is covered by my policy?
  • Are rock chip repairs covered?
  • When would I need additional glass coverage?
  • Who is covered when they drive my 2004 Pontiac Grand Am?

If you don’t know the answers to these questions, then you may want to think about talking 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 It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance coverages explained

Learning about specific coverages of your policy can help you determine the best coverages and the correct deductibles and limits. Insurance terms can be difficult to understand and nobody wants to actually read their policy. Shown next are the usual coverages offered by insurance companies.

Liability coverages – Liability insurance protects you from damage or injury you incur to other’s property or people that is your fault. This coverage protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like repair bills for other people’s vehicles, court costs, structural damage, emergency aid and medical services. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for expenses for ambulance fees, pain medications and hospital visits. They are used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage – This provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Pontiac Grand Am.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Frequently these limits are similar to your liability insurance amounts.

Comprehensive coverages – This covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like falling objects, vandalism, hitting a bird, hail damage and damage from flooding. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage – This covers damage to your Grand Am resulting from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as sideswiping another vehicle, hitting a parking meter and colliding with a tree. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.