1996 Pontiac Grand Am Insurance Cost – 5 Tips for Cheapest Prices

Want better insurance rates for your Pontiac Grand Am? Shopping for the most affordable insurance on the internet may be impossible for consumers new to price shopping online. With so many companies in the marketplace, how can you even start to compare every one to find the lowest rates?

Consumers should take time to price shop coverage before your policy renews because rates trend upward over time. Despite the fact that you may have had the lowest rates on Grand Am insurance last year a different company probably has better rates today. Starting right now, forget all the misinformation about insurance because you’re going to learn the quickest way to lower your annual insurance bill.

Car Insurance Quote Comparison

Effectively comparing car insurance prices can be challenging if you don’t utilize the best way to get rate quotes. You can spend countless hours talking about coverages with insurance agencies in your area, or you can utilize the internet to get pricing more quickly.

All the larger companies participate in a marketplace where prospective buyers submit one quote, and at least one company returns a rated price based on that information. This saves time by eliminating quote forms for every car insurance company. To find out how much you can save on car insurance click here (opens in new window).

The only drawback to using this type of system is you are unable to specify which companies you will receive quotes from. If you prefer to choose specific providers to receive pricing from, we put together a list of car insurance companies in your area. Click here to view list.

It doesn’t matter which method you choose, just double check that you are using identical coverage information on every quote you get. If you enter unequal deductibles or liability limits it’s not possible to decipher which rate is best. Just a small difference in coverage limits can mean a large discrepancy in price. And when quoting car insurance, remember that comparing a large number of companies will increase your chances of finding a better price.

Don’t listen to company ads

Car insurance companies such as Geico, State Farm and Progressive consistently run ads on television and other media. They all seem to say the same thing of big savings if you change to their company. But how can every company make almost identical claims?

Insurance companies have a preferred profile for the right customer they prefer to insure. A good example of a preferred risk could be over the age of 40, insures multiple vehicles, and drives less than 7,500 miles a year. A driver who matches those parameters gets the lowest rates and most likely will save quite a bit of money when switching.

Drivers who don’t meet the requirements will have to pay more money which leads to business not being written. The ad wording is “people who switch” not “everybody who quotes” save that kind of money. That’s the way insurance companies can claim big savings.

Because of the profiling, you should get as many quotes as possible. It is impossible to predict the company that will fit your personal profile best.

Take advantage of discounts

Insuring your fleet can be pricey, but you can get discounts that you may not know about. Certain discounts will be triggered automatically when you complete an application, but a few need to be manually applied prior to getting the savings.

  • Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% on Grand Am insurance depending on your company.
  • Air Bag Discount – Vehicles equipped with air bags can get savings of more than 20%.
  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you could save up to 5%.
  • Early Signing – Select companies give a discount for switching policies before your current policy expires. This can save 10% or more.
  • Drive Less and Save – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.

A little note about advertised discounts, most discounts do not apply the the whole policy. Some only reduce individual premiums such as physical damage coverage or medical payments. So when it seems like you could get a free insurance policy, it just doesn’t work that way. Any amount of discount will reduce the cost of coverage.

To see a list of companies with discount insurance rates, follow this link.

How to know if you need help

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is a little different.

For example, these questions might help in determining whether you could use an agent’s help.

  • Is business property covered if stolen from my car?
  • Why do I only qualify for high-risk insurance?
  • Am I covered if I break a side mirror?
  • When should I remove comp and collision on my 1996 Pontiac Grand Am?
  • How can I force my company to pay a claim?
  • What is an SR-22 filing?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form.

Specific coverage details

Learning about specific coverages of your car insurance policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Pontiac Grand Am.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually the UM/UIM limits are set the same as your liablity limits.

Collision coverage

This coverage pays for damage to your Grand Am resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like rolling your car, hitting a mailbox, driving through your garage door and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Coverage for liability

This coverage provides protection from injuries or damage you cause to other people or property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see 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 structural damage, funeral expenses, bail bonds, court costs and medical expenses. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for bills like dental work, EMT expenses, rehabilitation expenses and pain medications. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive insurance

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things like damage from getting keyed, a broken windshield, damage from flooding and hail damage. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Be Smart and Buy Smart

You just read some good ideas how you can compare 1996 Pontiac Grand Am insurance prices online. The key thing to remember is the more rate quotes you have, the better likelihood of reducing your rate. You may be surprised to find that the most savings is with a lesser-known regional company.

Lower-priced insurance can be found both online and also from your neighborhood agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies may not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

Drivers leave their current company for a number of reasons such as high prices, delays in responding to claim requests, high rates after DUI convictions and an unsatisfactory settlement offer. It doesn’t matter what your reason, choosing a new insurance company is easier than you think.

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