Cheap 1993 Oldsmobile Cutlass Supreme Insurance Rates

Want lower auto insurance rates for your Oldsmobile Cutlass Supreme? Feel like you’re a prisoner to overpriced auto insurance? Believe me, you’re not alone. Since consumers have many insurance providers from which to choose, it is hard for the average consumer to pick the most cost effective insurer.

It is always a good idea to shop coverage around occasionally due to the fact that insurance rates change quite often. Despite the fact that you may have had the lowest price on Cutlass Supreme coverage six months ago there is a good chance you can find better rates now. Block out anything you think you know about auto insurance because we’re going to demonstrate the best methods to get good coverage at a lower rate.

Finding affordable coverage is not that difficult. If you have insurance now or are just looking to switch companies, you can learn to find better prices while maximizing coverage. Drivers only need to know the proper methods to find the lowest price on the web.

Factors determining your Oldsmobile Cutlass Supreme insurance premium

Consumers need to have an understanding of the rating factors that come into play when calculating insurance coverage rates. Having a good understanding of what influences your rates allows you to make educated decisions that may reward you with better insurance coverage rates.

  • Frequent insurance coverage claims increase rates – Car insurance companies generally give discounts to drivers who do not file claims often. If you frequently file small claims, you can definitely plan on either higher rates or even cancellation. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.
  • Your credit rating is important – Your credit history is a important factor in determining what you pay for insurance coverage. If your credit is not that good, you could be paying less to insure your 1993 Oldsmobile Cutlass Supreme by improving your credit score. People with high credit scores tend to be more responsible than drivers with lower credit scores.
  • Do you know your deductibles? – Your deductibles represent how much money you are willing to pay out-of-pocket before your insurance coverage pays a claim. Physical damage insurance, also known as collision and other-than-collision, insures against damage to your car. Some examples of claims that would be covered would be colliding with a building, damage from fire, or theft. The more the insured has to pay upfront, the lower your rates will be on Cutlass Supreme coverage.
  • High crash test scores lower rates – Cars with high safety ratings tend to have better insurance rates. The safest vehicles have better occupant injury protection and any reduction in injury severity translates into savings for insurance companies and thus lower rates. If your Oldsmobile Cutlass Supreme has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Males pay more for insurance – The statistics show that women are safer drivers than men. However, don’t assume that men are worse drivers. Men and women have accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations like DUI and reckless driving.
  • More than one policy can earn a discount – Most insurers provide better rates to insureds who buy several policies from them such as combining an auto and homeowners policy. Discounts can add up to five, ten or even twenty percent. Even with this discount, you still need to shop around to make sure you are getting the best deal.

Compare the Market for Auto Insurance

Shopping for lower auto insurance rates can be exhausting if you don’t know the best way to get rate quotes. You can spend countless hours driving to agents in your area, or you can stay home and use online quotes to get rates in a matter of minutes.

Many of the larger companies enroll in a system where prospective buyers only type in their quote data once, and every company returns a competitive quote based on the submitted data. This eliminates the need for form submissions to each company.

To submit your quote information now, click here (opens in new window).

The one disadvantage to getting quotes like this is you cannot specify which companies to receive prices from. If you would rather choose specific insurance companies to compare rates, we have assembled a list of the cheapest auto insurance companies in your area. Click here to view list.

It’s up to you which method you use, but make sure you use the exact same coverage information with every price quote. If you use higher or lower deductibles it will be very difficult to make an equal comparison.

Do drivers who switch really save $413 a year?

Consumers can’t get away from ads for the lowest price auto insurance by companies like Progressive, Allstate and Geico. They all seem to make an identical promise about savings after switching to them.

How can each company make the same claim? This is how they do it.

Different companies have a preferred profile for the right customer that makes them money. For instance, a profitable customer could be over the age of 50, has no prior claims, and has a short commute. Any new insured who meets those qualifications will get the preferred rates and therefore will pay quite a bit less when switching companies.

Potential customers who fall outside the requirements will have to pay a higher premium which leads to business not being written. The ad wording is “customers that switch” not “people who quote” save money. This is how insurance companies can claim big savings. Because of the profiling, you need to get quotes from several different companies. You cannot predict which company will give you the biggest savings on Oldsmobile Cutlass Supreme insurance.

Lots of discounts mean lots of savings

Auto insurance companies don’t always publicize all available discounts in an easy-to-find place, so we took the time to find some of the more common and also the lesser-known discounts you could be receiving. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.

  • Lower Rates for Military – Having a family member in the military could mean lower rates.
  • Auto/Home Discount – When you have multiple policies with one company you may save approximately 10% to 15%.
  • College Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Memberships – Belonging to certain professional organizations could qualify you for a break on your policy on Cutlass Supreme coverage.
  • Homeowners Pay Less – Being a homeowner can save you money because maintaining a house demonstrates responsibility.
  • Early Signing – Some companies give discounts for signing up prior to your current policy expiration. This can save 10% or more.
  • Air Bag Discount – Vehicles with factory air bags and/or automatic seat belt systems can get savings of 20% or more.
  • Good Student Discount – Getting good grades can get you a discount of up to 25%. The good student discount can last up to age 25.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on Cutlass Supreme coverage depending on your company.
  • More Vehicles More Savings – Insuring multiple cars or trucks with the same company could earn a price break for each car.

As a disclaimer on discounts, most discount credits are not given to the entire cost. Most only cut specific coverage prices like collision or personal injury protection. So when it seems like you can get free auto insurance, you’re out of luck.

Insurance companies that possibly offer these money-saving discounts include:

Double check with each insurance company how you can save money. Discounts may not be available in your area.

Situations that might require an agent

When it comes to buying coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different and your policy should reflect that. These are some specific questions may help highlight whether or not you would benefit from an agent’s advice.

  • Why am I required to buy high-risk coverage?
  • Does coverage extend to a rental car in a foreign country?
  • What is roadside assistance coverage?
  • How can I find cheaper teen driver insurance?
  • Will my insurance pay for OEM parts?
  • What if I owe more than I can insure my car for?
  • Does liability extend to a camper or trailer?
  • When should I remove comp and collision on my 1993 Oldsmobile Cutlass Supreme?
  • Should I have combined single limit or split liability limits?
  • Should I sign the liability waiver when renting a car?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Specifics of your insurance policy

Understanding the coverages of your insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages offered by insurance companies.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for bills such as nursing services, surgery, funeral costs, ambulance fees and doctor visits. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your 1993 Oldsmobile Cutlass Supreme.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Collision coverage

Collision coverage covers damage to your Cutlass Supreme resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like scraping a guard rail, crashing into a building, hitting a parking meter, damaging your car on a curb and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive or Other Than Collision

This pays for damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like rock chips in glass, fire damage, a tree branch falling on your vehicle and vandalism. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for liability

Liability insurance protects you from damage or injury you incur to a person or their property that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage pays for claims like attorney fees, loss of income and court costs. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.

Final considerations

We’ve covered some good ideas how to save on 1993 Oldsmobile Cutlass Supreme insurance. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding lower rates. You may be surprised to find that the lowest premiums are with some of the lesser-known companies. These companies may have significantly lower rates on certain market segments than their larger competitors like Allstate or State Farm.

When trying to cut insurance costs, it’s very important that you do not sacrifice coverage to reduce premiums. In many instances, someone sacrificed comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

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