1991 Oldsmobile Silhouette Insurance Cost

Trying to find lower auto insurance rates? Buyers have options when searching for low-cost Oldsmobile Silhouette insurance. You can either spend your time calling around to compare prices or leverage the internet to compare rates. There is a better way to shop for auto insurance so we’re going to tell you the proper way to compare rates on a Oldsmobile and get the lowest possible price from local insurance agents and online providers.

How much can you save with discounts?

Companies don’t necessarily list all their discounts very clearly, so here is a list some of the more common and the more hidden ways to save on car insurance. If you’re not getting every credit available, you’re just leaving money on the table.

  • Braking Control Discount – Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.
  • One Accident Forgiven – A handful of insurance companies will allow you to have one accident before raising your premiums as long as you don’t have any claims for a certain period of time.
  • Government Employees – Employees or retirees of the government could cut as much as 10% off on Silhouette coverage depending on your company.
  • Club Memberships – Belonging to a professional or civic organization may earn a discount on your policy on Silhouette coverage.
  • Discount for New Cars – Putting insurance coverage on a new car is cheaper due to better safety requirements for new cars.
  • Drivers Ed for Students – Have your child take driver’s ed class if it’s offered in school.
  • 55 and Retired – If you’re over the age of 55, you may be able to get better car insurance rates on Silhouette coverage.
  • Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.
  • Seat Belts Save – Using a seat belt and requiring all passengers to use their safety belts could save 15% off your medical payments premium.
  • Homeowners Pay Less – Being a homeowner may earn you a small savings because of the fact that having a home shows financial diligence.

It’s important to note that most discount credits are not given to your bottom line cost. Some only reduce the cost of specific coverages such as medical payments or collision. Just because it seems like you can get free auto insurance, car insurance companies aren’t that generous.

Car insurance companies that possibly offer these discounts include:

Check with each company which discounts they offer. All car insurance discounts might not apply everywhere.

Factors determining your Oldsmobile Silhouette insurance premium

An important part of buying insurance is that you know some of the elements that come into play when calculating the price you pay for insurance. Understanding what determines base rates enables informed choices that will entitle you to big savings.

The list below includes some of the items insurance companies consider when setting prices.

  • Battle of the sexes – The statistics show that women are safer drivers than men. That doesn’t necessarily mean that men are worse drivers. Men and women are in accidents in similar numbers, but men cause more damage. Men also receive more costly citations such as DWI and reckless driving. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore are the most expensive to insure.
  • Save money with special equipment – Driving a car that has an advanced theft prevention system can get you a discount on your insurance. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft.
  • Do you know you’re credit rating? – Having a bad credit history is a big factor in determining what you pay for insurance. If your credit is not that good, you could be paying less to insure your 1991 Oldsmobile Silhouette by improving your credit score. Drivers with good credit tend to file fewer claims and have better driving records than drivers who have lower credit scores.
  • Liability coverage is cheap – Liability coverage will protect you in the event that a court rules you are at fault for causing damage or personal injury in an accident. It will provide you with a defense in court starting from day one. Liability is cheap when compared with rates for comp and collision, so do not skimp.

How much car insurance do I need?

When it comes to buying adequate coverage, there is no one size fits all plan. Everyone’s situation is a little different.

For instance, these questions can help discover if your situation may require specific advice.

  • Am I covered when driving on a suspended license?
  • Which is better, split liability limits or combined limits?
  • What is UM/UIM insurance?
  • Do I have coverage when making deliveries for my home business?
  • Can I get a multi-policy discount?
  • If my pet gets injured in an accident are they covered?
  • Does liability extend to a camper or trailer?
  • Am I covered when pulling a rental trailer?
  • How high should deductibles be on a 1991 Oldsmobile Silhouette?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form. It’s fast, free and can provide invaluable advice.

Buyer beware of insurance coverage advertising tricks

Consumers get pounded daily by advertisements for the lowest price auto insurance by Progressive, Allstate and Geico. They all seem to make the same claim that you can save after switching to their company.

But how can every company make the same claim?

Different companies have a preferred profile for the driver that is profitable for them. A good example of a preferred risk might be profiled as between 30 and 50, has no tickets, and drives less than 10,000 miles a year. A customer getting a price quote who meets those qualifications gets the lowest rates and as a result will probably pay quite a bit less when switching companies.

Consumers who fall outside the “perfect” profile will be quoted more money which usually ends up with the driver buying from a lower-cost company. The ad wording is “people who switch” not “everybody who quotes” save that much. That is how insurance companies can confidently state the savings. This emphasizes why you need to quote coverage with many companies. It’s just too difficult to predict which insurance companies will fit your personal profile best.

Auto insurance coverage options for an Oldsmobile Silhouette

Understanding the coverages of your policy helps when choosing the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Comprehensive insurance – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like damage from getting keyed, falling objects, damage from a tornado or hurricane and damage from flooding. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for liability – Liability insurance will cover damage or injury you incur to other’s property or people by causing an accident. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability coverage pays for claims like structural damage, medical expenses, emergency aid, attorney fees and loss of income. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for ambulance fees, dental work, hospital visits, surgery and doctor visits. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Collision – Collision coverage pays for damage to your Silhouette resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as hitting a parking meter, crashing into a ditch, colliding with a tree and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Make a quick buck

Discount 1991 Oldsmobile Silhouette insurance can be sourced on the web in addition to many insurance agents, and you should compare price quotes from both to have the best selection. A few companies do not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

When shopping online for insurance coverage, you should never buy lower coverage limits just to save a few bucks. There have been many situations where an insured dropped liability coverage limits and discovered at claim time that it was a big error on their part. Your strategy should be to buy a smart amount of coverage at the best price.

In this article, we presented many ideas to get a better price on insurance. The most important thing to understand is the more times you quote, the more likely it is that you will get a better rate. You may even find the best prices are with some of the lesser-known companies.

Much more information about insurance coverage can be read below: