2002 Pontiac Bonneville Car Insurance Cost

Nobody I know looks forward to paying for car insurance, particularly when their premiums are too high. You have multiple insurers to purchase coverage from, and though it is a good thing to have a selection, it makes it harder to compare company pricing.

It’s a great practice to do rate comparisons before your policy renews due to the fact that insurance rates are variable and change quite frequently. Even if you got the best price for Bonneville coverage a few years ago a different company probably has better rates today. Ignore everything you know about car insurance because we’re going to demonstrate the quickest way to properly buy coverages while reducing your premium.

The quickest method we recommend to compare car insurance rates takes advantage of the fact most of the bigger providers pay for the opportunity to give you rate quotes. The one thing you need to do is provide details such as if you are currently licensed, whether the vehicles are used for commuting, your education level, and which vehicles you own. Your details gets sent immediately to insurance companies and you receive quotes almost instantly.

Do you qualify for a discount?

Auto insurance companies don’t necessarily list all available discounts in a way that’s easy to find, so we researched both the well known as well as the least known discounts you could be receiving. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.

  • Auto/Home Discount – When you combine your home and auto insurance with the same company you may save approximately 10% to 15%.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you may reduce your total bill.
  • Anti-theft System – Vehicles with anti-theft systems are stolen less frequently and earn discounts up to 10%.
  • Drive Safe and Save – Safe drivers can get discounts for up to 45% lower rates for Bonneville coverage than drivers with accident claims.
  • Discount for Good Grades – A discount for being a good student can save 20 to 25%. The good student discount can last up to age 25.
  • Resident Student – Youth drivers who attend school more than 100 miles from home and don’t have a car may qualify for this discount.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
  • Paperwork-free – A handful of insurance companies may give you up to $50 for buying your policy digitally online.
  • Sign Early and Save – Some insurance companies reward drivers for buying a policy before your current policy expires. It can save you around 10%.
  • Multi-car Discount – Insuring more than one vehicle on one policy can get a discount on all vehicles.

A little note about advertised discounts, some credits don’t apply to the entire cost. Most cut the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like you would end up receiving a 100% discount, companies don’t profit that way.

Car insurance companies who might offer some of the above discounts may include but are not limited to:

Before buying, ask each insurance company which discounts you may be entitled to. Some discounts might not apply in your area.

What coverages do I need?

When buying coverage for your vehicles, there is no one size fits all plan. Your needs are not the same as everyone else’s so your insurance should reflect that These are some specific questions could help you determine if your insurance needs will benefit from professional help.

  • I have a DUI can I still get coverage?
  • What is roadside assistance coverage?
  • What is the ISO rating for a 2002 Pontiac Bonneville?
  • Why is insurance for a teen driver so high?
  • Am I covered if I crash into my own garage door?
  • How high should my uninsured/underinsured coverage be in my state?
  • Am I covered if my car is in a flood?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Pontiac Bonneville insurance premiums are calculated by many factors

It’s important that you understand some of the elements that play a part in calculating auto insurance rates. Understanding what impacts premium levels enables informed choices that could result in better auto insurance rates.

Shown below are some of the items auto insurance companies consider when setting premiums.

  • Women pay lower rates – Statistics show that men are more aggressive behind the wheel. However, don’t assume that men are WORSE drivers than women. They both cause accidents at a similar rate, but the men cause more damage and cost insurance companies more money. Men also statistically have more aggressive citations like reckless driving and DUI.
  • Low deductibles can be expensive – Physical damage insurance, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Pontiac. Examples of covered claims could be colliding with a building, damage from fire, and rolling your vehicle. Your deductibles are how much you are required to spend before a claim is paid by your company. The higher the amount you’re willing to pay, the less your auto insurance will be for Bonneville coverage.
  • Safer cars cost less to insure – Cars with high safety ratings get lower rates. These vehicles protect occupants better and any reduction in injury severity translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Pontiac Bonneville earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • Too many auto insurance claims drive up costs – Auto insurance companies provide discounts to drivers who file claims infrequently. If you tend to file frequent claims, you can look forward to either higher rates or even cancellation. Auto insurance is intended to be relied upon for larger claims.
  • Big city or small town – Living in less populated areas can save you money when buying auto insurance. Drivers in populated areas regularly have traffic congestion and much longer commute distances. Fewer drivers means reduced accidents and also fewer theft and vandalism claims.

Do you really save 40% when you switch?

Drivers get pounded daily by advertisements for the lowest price auto insurance by State Farm and Allstate. All the companies have a common claim that you’ll save big if you move to their company.

How do they all say the same thing? This is how they do it.

All companies have a preferred profile for the right customer they prefer to insure. An example of a profitable customer could be over the age of 40, insures multiple vehicles, and drives less than 7,500 miles a year. A propective insured that hits that “sweet spot” gets the lowest rates and most likely will save a lot of money.

Consumers who fall outside the “perfect” profile must pay higher rates which usually ends up with business not being written. The ads state “customers that switch” not “people who quote” save that much. That is how companies can truthfully advertise the savings. This illustrates why drivers must get quotes from several different companies. Because you never know which insurance companies will give you the biggest savings on Pontiac Bonneville insurance.

Specific coverages for a Pontiac Bonneville

Learning about specific coverages of your car insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are the usual coverages offered by car insurance companies.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as nursing services, EMT expenses and chiropractic care. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and will also cover being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive insurance – This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like damage from flooding, damage from a tornado or hurricane and fire damage. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Liability coverage – This protects you from damages or injuries you inflict on other people or property in an accident. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of 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 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things such as emergency aid, bail bonds, structural damage and legal defense fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Collision coverages – Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as driving through your garage door, hitting a mailbox, scraping a guard rail, colliding with another moving vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

And the best car insurance company is…

Affordable 2002 Pontiac Bonneville insurance is attainable both online and with local insurance agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies do not offer online quoting and many times these smaller companies only sell through independent insurance agents.

We covered a lot of information how to lower your insurance rates. The key concept to understand is the more times you quote, the higher the chance of saving money. You may even find the best prices are with a company that doesn’t do a lot of advertising. These companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive and Geico.

As you prepare to switch companies, make sure you don’t reduce needed coverages to save money. There are a lot of situations where an insured dropped comprehensive coverage or liability limits only to regret at claim time that they should have had better coverage. The proper strategy is to buy enough coverage for the lowest price.

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