How Much Does 1992 Saturn S-Series Car Insurance Cost?

Finding affordable insurance coverage is difficult for people who are new to comparing rates online. People have so many choices that it can turn into a ton of work to find the best price.

Verify you’re getting all your discounts

Insuring your fleet can be pricey, but you may find discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you purchase, but less common discounts must be asked for in order for you to get them.

  • Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education if offered at their school.
  • Paperwork-free – Certain companies give back up to $50 just for signing your application over the internet.
  • Save over 55 – Older drivers may qualify for reduced rates on S-Series insurance.
  • Discount for Good Grades – Performing well in school can earn a discount of 20% or more. The discount lasts up until you turn 25.
  • Accident Waiver – Certain companies will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims for a certain period of time.
  • Sign Early and Save – Some insurance companies reward drivers for buying a policy prior to your current policy expiring. It can save you around 10%.
  • Defensive Driving Course – Taking a driver safety course could save 5% or more and easily recoup the cost of the course.
  • Drive Less and Save – Keeping the miles down on your Saturn could be rewarded with lower rates on the low mileage vehicles.
  • Homeowners Discount – Being a homeowner can help you save on car insurance due to the fact that maintaining a home is proof that your finances are in order.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.

Keep in mind that some credits don’t apply to the entire cost. Most only apply to the price of certain insurance coverages like comp or med pay. Just because it seems like all those discounts means the company will pay you, companies don’t profit that way. But all discounts will reduce the cost of coverage.

A partial list of companies that may have some of the above discounts are:

Double check with each company which discounts you may be entitled to. Discounts may not apply in your state.

Impacting insurance rates for a Saturn S-Series

It’s important that you understand the rating factors that come into play when calculating the price you pay for car insurance. Knowing what controls the rates you pay helps enable you to make changes that will entitle you to much lower annual insurance costs.

The list below includes a few of the “ingredients” that factor into prices.

  • Rates may be higher depending on your occupation – Occupations such as real estate brokers, social workers and accountants have higher rates than average in part from stressful work requirements and long work days. On the flip side, occupations like scientists, athletes and retirees get better rates on S-Series insurance.
  • More claims means more premium – If you are a frequent claim filer, you can pretty much guarantee either policy cancellation or increased premiums. Companies provide discounts to policyholders who do not rely on their insurance for small claims. Your insurance policy is meant to be used in the event of the large, substantial claims.
  • How your age affects price – More mature drivers are more responsible, file fewer claims and tend to be better behind the wheel. Teenage drivers are known to be careless and easily distracted when driving and because of this, their car insurance rates are much higher.
  • Car features impact rates – Purchasing a vehicle that has an advanced theft prevention system can save you a little every year. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
  • Higher deductibles cost less – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your Saturn. Some instances where coverage would apply could be running into the backend of another car, vandalism, and burglary. The deductibles are how much you are willing to pay before your car insurance pays a claim. The more you are required to pay out-of-pocket, the less your company will charge you for insurance on S-Series insurance.

When should I talk to an agent?

When buying the right insurance coverage, there really is no “best” method to buy coverage. Every situation is different.

For instance, these questions might help in determining whether your personal situation could use an agent’s help.

  • Does my liability insurance cover pulling a trailer or camper?
  • Will I lose any money if I cancel my policy before it expires?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I covered if hit by an uninsured driver?
  • Do I need an umbrella policy?
  • Why is insurance for a teen driver so high?
  • Does coverage extend to Mexico or Canada?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Do I need replacement cost coverage?
  • Am I covered if my car is in a flood?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Learn about insurance coverages for a Saturn S-Series

Having a good grasp of insurance can help you determine the best coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Collision insurance

Collision insurance pays for damage to your S-Series resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as hitting a mailbox, damaging your car on a curb and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to raise the deductible in order to get cheaper collision rates.

Liability

This provides protection from injuries or damage you cause to a person or their property. This insurance protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as loss of income, repair costs for stationary objects, repair bills for other people’s vehicles, emergency aid and medical expenses. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive insurance

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like hitting a bird, damage from a tornado or hurricane, a tree branch falling on your vehicle, fire damage and damage from getting keyed. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Saturn S-Series.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for bills for funeral costs, dental work and ambulance fees. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Find Good Coverage for Less

Affordable 1992 Saturn S-Series insurance is attainable from both online companies as well as from independent agents, so you should compare both to have the best selection. Some companies don’t offer you the ability to get quotes online and these small, regional companies work with independent agents.

When buying insurance coverage, do not buy less coverage just to save a little money. There are many occasions where someone dropped liability coverage limits only to find out that it was a big mistake. The aim is to buy the best coverage you can find at a price you can afford while still protecting your assets.

People switch companies for a number of reasons such as an unsatisfactory settlement offer, delays in paying claims, denial of a claim and even unfair underwriting practices. It doesn’t matter what your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

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