2004 Pontiac GTO Insurance Rates – 5 Tricks for Best Quotes

Searching for the cheapest car insurance rates for your Pontiac GTO? Have you had enough of not being able to afford to buy car insurance? Your situation is no different than millions of other consumers.

Numerous car insurance companies battle for your business, and it can be difficult to compare rates to find the best rates possible.

It’s smart to take a look at other company’s rates before your policy renews because insurance rates are constantly changing. Just because you had the best deal for GTO coverage two years ago you will most likely find a better rate today. Starting right now, forget all the misinformation about car insurance because you’re going to learn one of the quickest ways to find lower rates on car insurance.

How to Get Insurance Coverage

There are several ways to compare Pontiac GTO insurance coverage quotes, and some are less labor-intensive and much quicker. You can spend your afternoon talking to local insurance agents in your area, or you could save time and use the web to accomplish the same thing much quicker.

Most of the larger companies belong to a marketplace where insurance shoppers submit one quote, and each company returns a rated price. This saves time by eliminating form submissions for each company you want a rate for.

To use this form to compare 2004 Pontiac GTO insurance rates click here to start a free quote.

The one downside to using this type of system is you can’t choose which carriers you want pricing from. So if you want to select from a list of companies to request quotes from, we have a listing of companies who write insurance coverage in your area. Click to view list.

It doesn’t matter which method you choose, just double check that you are using exactly the same coverage limits and deductibles for every company. If you use higher or lower deductibles it will be very difficult to determine which rate is truly the best. Having just a slight variation in limits may result in a large different in cost. Just keep in mind that quoting more provides better odds of finding the best price.

Buyer beware of car insurance advertising tricks

Car insurance providers like Progressive, Allstate and Geico consistently run ads on TV and radio. They all say the same thing that you can save if you change to them. But how can every company make almost identical claims? It’s all in the numbers.

All the different companies are able to cherry pick for the type of customer that makes them money. An example of a profitable customer could possibly be between the ages of 30 and 50, is a homeowner, and has excellent credit. Any driver who matches those parameters is entitled to the best price and most likely will save when switching.

Potential insureds who fall outside the “perfect” profile will be quoted more money and ends up with business going elsewhere. The ads say “customers that switch” but not “drivers who get quotes” save that kind of money. That’s why insurance companies can confidently advertise the savings.

This emphasizes why you need to compare as many rates as you can. It’s not possible to predict the company that will give you the biggest savings on Pontiac GTO insurance.

Discounts to lower Pontiac GTO insurance rates

Insurance can be prohibitively expensive, but companies offer discounts that you may not know about. Most are applied at quote time, but some must be requested specifically before you will receive the discount.

  • Service Members Pay Less – Having a family member in the military could be rewarded with lower premiums.
  • Seat Belts Save – Requiring all passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • Accident Waiver – Some insurance companies permit an accident before your rates go up if you are claim-free for a certain period of time.
  • Save with a New Car – Buying coverage on a new vehicle is cheaper since new cars are generally safer.
  • Drive Less and Save – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.

It’s important to understand that many deductions do not apply to the overall cost of the policy. Some only apply to individual premiums such as liability and collision coverage. Just because it seems like all the discounts add up to a free policy, it doesn’t quite work that way. But any discount will help reduce the cost of coverage.

Car insurance companies that may offer these benefits include:

Double check with each company how you can save money. All car insurance discounts might not be offered in every state.

Tailor your coverage to you

When it comes to choosing the right insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Every situation is different so your insurance should reflect that For example, these questions might help in determining if you will benefit from professional help.

  • Do I have coverage when using my vehicle for my home business?
  • When can I cancel my policy?
  • Can my teen drive my company car?
  • Can my babysitter drive my car?
  • How can I force my company to pay a claim?
  • Should I bundle my homeowners policy with my auto?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk 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.

Auto insurance coverage considerations

Learning about specific coverages of your policy aids in choosing which coverages you need at the best deductibles and correct limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. These are the usual coverages found on the average auto insurance policy.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for immediate expenses like X-ray expenses, funeral costs and chiropractic care. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Auto liability insurance

Liability coverage will cover damage that occurs to other’s property or people by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Another option is one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like bail bonds, repair costs for stationary objects, legal defense fees, pain and suffering and emergency aid. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your 2004 Pontiac GTO.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally the UM/UIM limits do not exceed the liability coverage limits.

Auto collision coverage

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as colliding with a tree, scraping a guard rail, driving through your garage door and hitting a parking meter. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Comprehensive coverage

This covers damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like fire damage, falling objects and hitting a deer. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

A fool and his money are soon parted

We just showed you a lot of ways to shop for 2004 Pontiac GTO insurance online. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. You may even find the most savings is with a company that doesn’t do a lot of advertising. They may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate, Geico and Progressive.

As you go through the steps to switch your coverage, never skimp on critical coverages to save a buck or two. There are a lot of situations where an accident victim reduced liability limits or collision coverage only to regret that they should have had better coverage. Your goal should be to purchase plenty of coverage at a price you can afford.

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