1994 Pontiac Grand Am Car Insurance Cost

Trying to find cheaper car insurance rates for your Pontiac Grand Am? Nobody looks forward to buying car insurance, in particular when their premiums are through the roof.

With consumers having so many choices, it is very difficult to locate the lowest price provider.

You should take the time to price shop coverage periodically because prices are constantly changing. Just because you found the lowest rates on Grand Am insurance two years ago you can probably find a better price now. Don’t believe everything you read about car insurance online, so with this article, you’re going to get some good information on how to put money back in your pocket.

Finding Car Insurance

There are a lot of ways to compare car insurance prices but one way is easier and takes less work. You can spend countless hours talking about coverages with insurance companies in your area, or you can stay home and use online quoting to quickly compare rates.

Many of the larger companies are enrolled in a marketplace that enables customers to only type in their quote data once, and at least one company then gives them pricing based on the submitted data. This saves time by eliminating quote requests to each individual car insurance company.

To compare 1994 Pontiac Grand Am rates now click here to open in new window.

The single downside to pricing coverage this way is you can’t choose the companies you want to price. So if you want to select specific providers for rate comparison, we have a page of the cheapest car insurance companies in your area. Click to view list.

Whichever way you use, make darn sure you compare exactly the same coverage limits and deductibles on every quote you get. If you compare different liability limits it will be very difficult to find the best deal for your Pontiac Grand Am. Having just a slight variation in coverages may result in large price differences. And when comparison shopping, more quotes will increase your chances of finding better pricing.

Can you really save that much by switching?

Companies like State Farm, Geico and Progressive consistently run ads on TV and radio. All the ads make an identical promise of big savings if you change to them. How do they all make almost identical claims? It’s all in the numbers.

All the different companies are able to cherry pick for the driver that earns them a profit. An example of a preferred risk could possibly be a mature driver, owns a home, and has great credit. Any driver who meets those qualifications will qualify for the lowest rates and most likely will save quite a bit of money when switching.

Potential customers who do not match this ideal profile will be quoted higher premiums which usually ends up with the driver buying from a lower-cost company. The ads state “people who switch” not “people who quote” save that much. This is how insurance companies can make the claims of big savings. This emphasizes why you absolutely need to get quotes from several different companies. You cannot predict which insurance companies will fit your personal profile best.

More discounts equal less premium

Companies don’t list every available discount in a way that’s easy to find, so we break down some of the best known as well as the least known savings tricks you should be using.

  • Claim Free – Good drivers with no accidents can earn big discounts as compared to frequent claim filers.
  • Drivers Education – Require your teen driver to take driver’s ed class in school.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Service Members Pay Less – Being deployed with a military unit could be rewarded with lower premiums.
  • New Car Discount – Putting insurance coverage on a new car is cheaper compared to insuring an older model.
  • Senior Citizens – If you’re over the age of 55, you can possibly qualify for a small decrease in premiums on Grand Am insurance.
  • More Vehicles More Savings – Insuring multiple cars or trucks on the same insurance policy qualifies for this discount.
  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
  • Safe Driver Discount – Drivers who avoid accidents can pay as much as 50% less on Grand Am insurance than their less cautious counterparts.

It’s important to understand that most credits do not apply to the entire policy premium. A few only apply to specific coverage prices like medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, you won’t be that lucky.

Insurance companies that may offer these discounts may include but are not limited to:

Double check with every prospective company which discounts you may be entitled to. Some discounts may not apply everywhere.

It’s not one size fits all

When it comes to choosing the right insurance coverage for your personal vehicles, there is no perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For example, these questions may help you determine whether or not you could use an agent’s help.

  • Should I buy only the required minimum liability coverage?
  • How much liability coverage do I need in my state?
  • Are my tools covered if they get stolen from my vehicle?
  • Does coverage extend to Mexico or Canada?
  • Which is better, split liability limits or combined limits?
  • What if I owe more than I can insure my car for?
  • Should I file a claim if it’s only slightly more than my deductible?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Learn about insurance coverages for a Pontiac Grand Am

Having a good grasp of your policy can help you determine the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types offered by insurance companies.

Liability coverages – This coverage can cover damage that occurs to other’s property or people that is your fault. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability insurance covers things like repair bills for other people’s vehicles, attorney fees, medical services and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy higher limits if possible.

Collision – This coverage pays for damage to your Grand Am caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as crashing into a ditch, rolling your car and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your 1994 Pontiac Grand Am.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

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

Comprehensive can pay for claims like a tree branch falling on your vehicle, fire damage, falling objects, damage from getting keyed and vandalism. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP provide coverage for expenses for things like nursing services, dental work, surgery, hospital visits and doctor visits. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

In the end, you save

Affordable 1994 Pontiac Grand Am insurance is possible on the web and with local insurance agents, and you should be comparing both to have the best rate selection. Some insurance companies do not offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.

When buying insurance coverage, don’t be tempted to reduce needed coverages to save money. There have been many cases where an accident victim reduced liability coverage limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your goal should be to find the BEST coverage at the best price while still protecting your assets.

Additional insurance information is located on the following sites: