1992 Pontiac Bonneville Car Insurance Rates

Want lower insurance coverage rates for your Pontiac Bonneville? Are you a victim of high-priced insurance coverage? Believe me when I say there are many consumers feeling the pinch from expensive insurance coverage.

Many car insurance companies compete for your business, so it can be very hard to choose a insurance company and get the best coverage at the lowest price

If you have car insurance now, you should be able to reduce your rates substantially using this information. Finding the best rates is quite easy. But consumers can benefit from knowing the methods companies use to market insurance on the web.

Insurance Coverage Quote Comparison

There are a variety of methods to compare 1992 Pontiac Bonneville insurance coverage quotes, but one way is less time-consuming than others. You could waste a few hours discussing policy coverages with agents in your area, or you could use online quoting to achieve your goal.

All the larger companies belong to an insurance system where prospective buyers enter their policy data once, and each company then gives them pricing determined by their information. This prevents consumers from doing quote forms to each individual insurance coverage company.

To fill out one form to compare multiple rates now click here (opens in new window).

The only drawback to doing it this way is you cannot specify which insurance companies to get pricing from. If you would rather choose from a list of companies to request quotes from, we put together a list of low cost insurance coverage companies in your area. Click here for list of insurance companies.

Whichever way you use, be sure to compare apples-to-apples quote information for each comparison quote. If you use different values for each quote it will be next to impossible to find the best deal for your Pontiac Bonneville. Quoting even small variations in coverage limits can result in a big premium difference. And when comparing insurance coverage rates, know that more quotes helps locate a lower rate.

Parts of the Pontiac Bonneville rate equation

An important part of buying insurance is that you know the different types of things that play a part in calculating car insurance rates. When you know what positively or negatively determines base rates enables informed choices that can help you get much lower annual insurance costs.

Shown below are a few of the “ingredients” car insurance companies consider when setting your rates.

  • Do you know you’re credit rating? – Credit score is a large factor in your rate calculation. Drivers who have good credit tend to be better drivers and file fewer claims as compared to drivers with lower credit ratings. If your credit rating is low, you could save money insuring your 1992 Pontiac Bonneville by spending a little time repairing your credit.
  • Where you live – Being located in a rural area can be a good thing when talking about car insurance. Urban drivers have much more traffic and longer commute times. Fewer drivers means fewer accidents and a lower car theft rate.
  • Having a spouse can save you money – Having a spouse can get you a discount on your policy. It translates into being more responsible it has been statistically shown that married couples file fewer claims.
  • Do men or women drive better? – Statistics have proven that women are safer drivers than men. However, don’t assume that men are worse drivers. Men and women are in accidents at a similar rate, but the men cause more damage and cost insurance companies more money. Men also statistically receive more costly citations like reckless driving and DUI.

How to reduce Pontiac Bonneville insurance rates

Car insurance companies don’t always advertise all their discounts very well, so we break down some of the best known and the harder-to-find ways to save on insurance coverage.

  • Claim Free – Claim-free drivers can save substantially when compared with bad drivers.
  • Low Mileage – Keeping the miles down on your Pontiac can earn better rates on cars that stay parked.
  • Early Signing – A few companies offer discounts for buying a policy prior to your current policy expiring. This can save 10% or more.
  • Multiple Vehicles – Having multiple vehicles with the same company can get a discount on all vehicles.
  • New Car Discount – Adding a new car to your policy can save up to 30% due to better safety requirements for new cars.
  • Discount for Life Insurance – Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
  • Drive Safe and Save – Drivers who don’t get into accidents can pay as much as 50% less for Bonneville coverage than drivers with accidents.

It’s important to note that some credits don’t apply to all coverage premiums. Most only reduce the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears you would end up receiving a 100% discount, you won’t be that lucky.

Insurance companies that may have these money-saving discounts may include but are not limited to:

Check with each company how you can save money. All car insurance discounts might not be offered in your state.

Tailor your coverage to you

When it comes to choosing coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine if your insurance needs would benefit from an agent’s advice.

  • What is the rate difference between pleasure use and commuting?
  • Is my 1992 Pontiac Bonneville covered for smoke damage?
  • Should I get collision insurance on every vehicle?
  • Can I afford low physical damage deductibles?
  • When do I need to add a new car to my policy?
  • Does my policy cover me when driving someone else’s vehicle?
  • Am I covered when delivering products for my home-based business?
  • Will my vehicle be repaired with OEM or aftermarket parts?

If you can’t answer these questions, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Coverages available on your car insurance policy

Knowing the specifics of your policy helps when choosing the best coverages and the correct deductibles and limits. Car insurance terms can be difficult to understand and nobody wants to actually read their policy. These are typical coverages offered by car insurance companies.

Collision protection

This pays for damage to your Bonneville resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as crashing into a building, crashing into a ditch, damaging your car on a curb 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.

Coverage for medical payments

Med pay and PIP coverage kick in for short-term medical expenses such as EMT expenses, rehabilitation expenses and ambulance fees. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Comprehensive coverages

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

Comprehensive coverage pays for things like damage from flooding, damage from getting keyed and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability coverage

This will cover damages or injuries you inflict on people or other property in an accident. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things such as loss of income, repair bills for other people’s vehicles and medical services. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Be a money saver!

Budget-conscious 1992 Pontiac Bonneville insurance can be found online and with local insurance agents, and you should be comparing both in order to have the best chance of saving money. There are still a few companies who do not offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

As you prepare to switch companies, it’s a bad idea to skimp on critical coverages to save a buck or two. There are many occasions where consumers will sacrifice collision coverage to discover at claim time that it was a big error on their part. The aim is to buy a smart amount of coverage at the best price, not the least amount of coverage.

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