How Much Does 2002 Pontiac Grand Am Insurance Cost?

Are you tired of being strong-armed to insure your Pontiac every month? Your situation is no different than the majority of other car owners. Drivers have multiple insurers to insure vehicles with, and even though it’s nice to have multiple companies, too many choices makes it more difficult to find the lowest cost provider.

Choosing the best insurance company for you is quite easy. If you have a policy now or are shopping for new coverage, you can learn to get lower rates and still get good coverage. Consumers only need an understanding of the best way to shop for insurance on the web.

Auto Insurance Prices

Finding cheaper 2002 Pontiac Grand Am auto insurance prices is actually quite simple. You just have to invest a little time comparing rates online from several insurance companies. This can be accomplished using a couple different methods.

1. One of the best ways to get the best comparison quotes is an all-inclusive rate comparison like this one (opens in new window). This type of form saves time by eliminating a different quote to each individual auto insurance company. A single form gets you price quotes direct from many companies.
2. A less efficient way to compare prices requires a visit to each company website to request a price quote. For example, let’s say you want to compare USAA, Farmers and Travelers. To find out each rate you need to visit each site and enter your policy data, which is why the first method is quicker.

   For a list of links to insurance companies in your area, click here.

It’s up to you which method you use, but compare identical coverage limits and deductibles with every price quote. If you compare different values for each quote you will not be able to decipher which rate is best.

Save money by taking advantage of these discounts

Car insurance companies do not advertise every available discount in an easy-to-find place, so here is a list both well-publicized and the more hidden ways to save on insurance coverage. If they aren’t giving you every credit you deserve, you are throwing money away.

• New Car Discount – Buying coverage on a new vehicle can save up to 30% because new vehicles have to meet stringent safety requirements.
• Multi-car Discount – Buying coverage for more than one vehicle on one policy qualifies for this discount.
• Defensive Driver – Successfully completing a defensive driving course could save 5% or more if your company offers it.
• Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.
• Paperless Signup – A few companies may give you up to $50 for buying your policy over the internet.
• Auto/Life Discount – Larger companies have better rates if you take out life insurance.
• Anti-lock Brakes – Vehicles with anti-lock braking systems prevent accidents and earn discounts up to 10%.
• No Charge for an Accident – A handful of insurance companies will allow you to have one accident before raising your premiums if your claims history is clear for a particular time prior to the accident.
• Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.

A little note about advertised discounts, most credits do not apply to the entire cost. A few only apply to individual premiums such as collision or personal injury protection. Just because it seems like all the discounts add up to a free policy, companies don’t profit that way.

For a list of insurers who offer insurance coverage discounts, click this link.

When should I use an insurance agent?

When it comes to buying proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every situation is different so your insurance needs to address that. For example, these questions can aid in determining if your insurance needs will benefit from professional help.

• When should my teen driver be added to my policy?
• Should I get collision insurance on every vehicle?
• How does medical payments coverage work?
• How high should my medical payments coverage be?
• Do I have any recourse if my insurance company denies a claim?
• Do I need to file an SR-22 for a DUI in my state?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Insurance policy coverages for a 2002 Pontiac Grand Am

Learning about specific coverages of your insurance policy can be of help when determining the best coverages and proper limits and deductibles. Insurance terms can be ambiguous and coverage can change by endorsement. Shown next are the usual coverages found on the average insurance policy.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Pontiac Grand Am.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical payments coverage and PIP

Med pay and PIP coverage pay for short-term medical expenses such as X-ray expenses, EMT expenses, pain medications, dental work and doctor visits. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, theft, damage from flooding, falling objects and fire damage. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision insurance

Collision coverage will pay to fix damage to your Grand Am from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as scraping a guard rail, sideswiping another vehicle, hitting a parking meter, colliding with another moving vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Coverage for liability

Liability coverage protects you from injuries or damage you cause to other’s property or people. This coverage protects you against claims from other people, and doesn’t 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 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as medical services, structural damage, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.