Save on 1999 Oldsmobile Silhouette Car Insurance Rates

Want cheaper auto insurance rates for your Oldsmobile Silhouette? No one likes having to buy auto insurance, particularly when their premiums are through the roof.

Consumers have many car insurance companies to pick from, and even though it’s nice to have a choice, too many choices makes it more difficult to find the best rates.

Your Oldsmobile Silhouette insurance rate is a complex equation

Smart consumers have a good feel for the different types of things that play a part in calculating the price you pay for insurance. Understanding what determines base rates allows you to make educated decisions that could result in big savings.

Shown below are some of the factors companies use to determine premiums.

  • Lower deductibles cost more – The deductibles define the amount you are willing to pay if you file a covered claim. Physical damage coverage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some instances where coverage would apply are running into the backend of another car, collision with an animal, and windstorm damage. The more money you are required to pay out-of-pocket, the less your company will charge you for insurance for Silhouette coverage.
  • Don’t get talked into coverage you don’t need – There are many add-on coverages that you can get tricked into buying if you aren’t careful. Insurance for roadside assistance, accidental death and term life insurance may be costing you every month. They may seem good initially, but if they’re wasting money eliminate the coverages to reduce your premium.
  • With age comes lower rates – Youthful drivers are statistically proven to be less responsible behind the wheel so insurance rates are higher. If you’ve ever had to add a youthful driver to your insurance policy can be quite pricey. Older drivers tend to be more responsible, file fewer claims and are safer drivers.
  • More than one policy can earn a discount – The majority of insurance companies give discounts to customers who consolidate policies with them such as combining an auto and homeowners policy. Discounts can add up to ten or even up to twenty percent in some cases. Even though this discount sounds good, you may still want to compare rates to make sure you are getting the best deal.

Discounts mean cheaper Oldsmobile Silhouette insurance rates

The cost of insuring your cars can be expensive, but you may find discounts to help offset the cost. Certain discounts will be applied at the time of purchase, but less common discounts must be manually applied before you get the savings.

  • Lower Rates for Military – Having a family member in the military may qualify for rate reductions.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% for Silhouette coverage with certain companies.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less for Silhouette coverage than less cautious drivers.
  • Senior Citizens – Mature drivers may be able to get reduced rates for Silhouette coverage.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Own a Home – Owning a home may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.

Consumers should know that most credits do not apply the the whole policy. Some only reduce the cost of specific coverages such as comprehensive or collision. Just because it seems like all those discounts means the company will pay you, you’re out of luck. But all discounts will help reduce the cost of coverage.

For a list of insurance companies offering car insurance discounts, click here.

Switch companies and save? Really?

Insurance coverage providers like Geico, State Farm and Progressive continually stream television and radio advertisements. They all make an identical promise that you can save after switching to them. How can each company make the same claim?

Different companies have a preferred profile for the type of customer they prefer to insure. For example, a profitable customer could possibly be between 30 and 50, owns a home, and has a short commute. A customer that hits that “sweet spot” gets the lowest rates and most likely will save quite a bit of money when switching.

Potential insureds who fall outside the “perfect” profile must pay higher premiums and ends up with the driver buying from a lower-cost company. The ads state “customers who switch” not “everyone that quotes” save money. That’s why insurance companies can confidently advertise the way they do.

This illustrates why you need to get as many comparisons as possible. It’s just too difficult to predict which company will have the lowest Oldsmobile Silhouette insurance rates.

Tailor your coverage to you

When choosing adequate coverage, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that might help in determining if your insurance needs might need an agent’s assistance.

  • Why do I need rental car insurance?
  • Am I covered when pulling a rental trailer?
  • Is my teen driver covered when they drive my company car?
  • Do I need an umbrella policy?
  • Who is covered by my policy?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • How much liability insurance is required?
  • Am I getting all the discounts available?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.

Auto insurance coverages

Knowing the specifics of car insurance can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Shown next are typical coverages found on most car insurance policies.

Comprehensive or Other Than Collision

This will pay to fix 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 claims such as a tree branch falling on your vehicle, fire damage and vandalism. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like dental work, hospital visits and rehabilitation expenses. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

UM/UIM Coverage

This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Normally these coverages are identical to your policy’s liability coverage.

Liability coverages

Liability coverage can cover damage that occurs to other people or property. This insurance protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is a combined limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like medical expenses, attorney fees, funeral expenses and medical services. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage protection

This coverage will pay to fix damage to your Silhouette resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as driving through your garage door, sustaining damage from a pot hole, scraping a guard rail, colliding with another moving vehicle and backing into a parked car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Knowledge is power

You just learned a lot of ways to get a better price on 1999 Oldsmobile Silhouette insurance. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even find the best price on car insurance is with a small local company. These companies can often provide lower rates in certain areas compared to the large companies like Allstate and Progressive.

Cheap insurance is available both online and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some car insurance companies do not offer the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.

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