Paying for high-priced Pontiac Solstice insurance can empty your bank account and make it hard to pay other bills. Comparison shopping is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away. With so many choices, it can be challenging to pick the best car insurance company.
Smart consumers take time to shop coverage around once or twice a year because rates are constantly changing. Even if you got the best deal on Solstice coverage a year ago the chances are good that you can find a lower rate today. Starting right now, forget all the misinformation about insurance coverage because you’re going to learn the only way to reduce your cost while increasing coverage.
Buying car insurance is quite easy. If you are paying for car insurance now, you stand a good chance to be able to save some money using this strategy. Drivers just need to know the most effective way to shop for car insurance on the web.
An important part of buying insurance is that you know the different types of things that play a part in calculating the price you pay for auto insurance. Having a good understanding of what influences your rates helps enable you to make changes that can help you get better auto insurance rates.
Shown below are some of the factors that factor into your rates.
Auto insurance companies don’t necessarily list all available discounts in an easy-to-find place, so here is a list both well-publicized and the more hidden discounts you could be receiving. If they aren’t giving you every credit available, you are throwing money away.
A little note about advertised discounts, most discounts do not apply to your bottom line cost. Most only cut individual premiums such as liability and collision coverage. So when it seems like all the discounts add up to a free policy, companies wouldn’t make money that way.
A partial list of companies that may have some of the above discounts include:
Check with all companies you are considering which discounts they offer. Some discounts may not apply everywhere.
When it comes to buying adequate coverage for your vehicles, there really is no cookie cutter policy. Everyone’s needs are different so your insurance should reflect that These are some specific questions can help discover whether you would benefit from professional advice.
If it’s difficult to answer those questions but a few of them apply, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.
Having a good grasp of your policy can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most insurance policies.
Collision coverage protection
Collision coverage pays for damage to your Solstice resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like sideswiping another vehicle, damaging your car on a curb, colliding with a tree, driving through your garage door and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. It’s also possible to bump up the deductible to bring the cost down.
Comprehensive auto coverage
Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims such as damage from flooding, damage from getting keyed, hail damage and theft. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Coverage for liability
This can cover damages or injuries you inflict on a person or their property. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage protects against things such as repair costs for stationary objects, court costs and loss of income. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your 2009 Pontiac Solstice.
Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like rehabilitation expenses, X-ray expenses and chiropractic care. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay
As you restructure your insurance plan, it’s a bad idea to reduce needed coverages to save money. There have been many situations where an insured cut collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to purchase a proper amount of coverage at the best price.
We just covered some good ideas how you can save on 2009 Pontiac Solstice insurance. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. Consumers could even find that the lowest priced insurance comes from some of the smallest insurance companies. Regional companies may have significantly lower rates on certain market segments than their larger competitors like Allstate or State Farm.
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