Cheap 1995 Pontiac Grand Prix Insurance Quotes

Want better insurance rates for your Pontiac Grand Prix? Having to pay for overpriced Pontiac Grand Prix insurance can take a big chunk out of your checking account and put a big crunch on your finances. Shopping your coverage around is a great way to lower your monthly bill.

Multiple insurers compete for your hard-earned dollar, and it can be difficult to compare rates to find the absolute lowest rate possible.

It’s a good habit to compare prices yearly since insurance rates are rarely the same from one policy term to another. Just because you had the lowest price on Grand Prix coverage a few years ago a different company probably has better rates today. So block out anything you think you know about insurance because I’m going to teach you one of the quickest ways to reduce your cost while increasing coverage.

Pontiac Grand Prix insurance rates consist of many parts

Consumers need to have an understanding of the factors that come into play when calculating the rates you pay for auto insurance. Understanding what determines base rates empowers consumers to make smart changes that could result in lower auto insurance prices.

The list below includes a few of the “ingredients” used by your company to calculate premiums.

  • Lower rates come with age – Teenage drivers are statistically proven to be less responsible when behind the wheel so auto insurance rates are higher. Older insureds tend to be more responsible, file fewer claims and get fewer tickets.
  • Multiple policies with one company can save – Most auto insurance companies provide better rates to people who buy several policies from them in the form of a multi-policy discount. Even with this discount, you may still want to compare other company rates to make sure you are getting the best deal. You may still be able to find a better deal by splitting coverages up.
  • More claims means more premium – Insurance companies give better rates to drivers who file claims infrequently. If you frequently file small claims, you can look forward to either a policy non-renewal or much higher rates. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Equipment add-ons that lower auto insurance rates – Purchasing a vehicle with an alarm system can get you a discount on your auto insurance. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping your car from being stolen.

The easiest way to compare car insurance rates is to understand auto insurance companies pay for the opportunity to provide you with a free rate quote. The only thing you need to do is spend a couple of minutes providing details including your job, how much you drive, if your license is active, and if the car is leased. That rating information gets sent immediately to multiple different insurance companies and they return quotes with very little delay.

Ads can be misleading

Companies like Geico, State Farm and Progressive consistently run ads in print and on television. All the ads have a common claim that you’ll save big if you change your coverage to them. How do they all claim to save you money?

Different companies have a certain “appetite” for the right customer that is profitable for them. For example, a preferred risk could possibly be between 25 and 40, a clean driving record, and drives less than 7,500 miles a year. A propective insured who fits that profile is entitled to the best price and therefore will cut their rates substantially.

Potential insureds who fall outside the “perfect” profile must pay a more expensive rate and this can result in the customer not buying. The ad wording is “customers that switch” not “people who quote” save that much money. That’s why insurance companies can confidently make those claims. This illustrates why it’s extremely important to compare as many rates as you can. It’s not possible to predict which car insurance company will give you the biggest savings on Pontiac Grand Prix insurance.

Get lower rates on Pontiac Grand Prix insurance

Companies that sell car insurance don’t list every discount in an easy-to-find place, so we took the time to find both the well known and also the lesser-known ways to save on auto insurance.

  • Theft Prevention System – Vehicles with anti-theft systems help deter theft and earn discounts up to 10%.
  • One Accident Forgiven – A handful of insurance companies will forgive one accident before your rates go up if you are claim-free for a particular time prior to the accident.
  • Passive Restraints – Vehicles equipped with air bags or automatic seat belts can get savings of 20% or more.
  • Safety Course Discount – Taking part in a defensive driving course could possibly earn you a 5% discount if your company offers it.
  • Homeowners Savings – Owning a home may earn you a small savings due to the fact that maintaining a home requires personal responsibility.
  • Resident Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • Senior Discount – Mature drivers can possibly qualify for reduced rates on Grand Prix coverage.
  • New Car Discount – Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Low Mileage – Keeping the miles down on your Pontiac could be rewarded with better rates on cars that stay parked.
  • Multi-policy Discount – When you have multiple policies with one company you may earn approximately 10% to 15%.

It’s important to note that many deductions do not apply to the entire cost. Most only apply to the price of certain insurance coverages like liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, it just doesn’t work that way.

A partial list of companies who might offer these benefits include:

Before buying, ask each company which discounts you may be entitled to. Some discounts might not be offered in your area.

Tailor your coverage to you

When choosing coverage for your vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is unique so your insurance needs to address that. These are some specific questions can aid in determining if your situation might need professional guidance.

  • Is my Pontiac Grand Prix covered if I use it for business?
  • Can my teen drive my company car?
  • Does my insurance cover my expensive audio equipment?
  • Will my insurance pay for OEM parts?
  • Is other people’s property covered if stolen from my vehicle?
  • Is a new car covered when I drive it off the dealer lot?
  • How do I buy GAP insurance?
  • Are my friends covered when driving my car?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Car insurance 101

Knowing the specifics of your policy can help you determine which coverages you need for your vehicles. Insurance terms can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages available from insurance companies.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Liability car insurance

Liability coverage can cover injuries or damage you cause to other people or property that is your fault. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims such as repair costs for stationary objects, medical services, legal defense fees and pain and suffering. How much liability should you purchase? That is your choice, but you should buy as high a limit as you can afford.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for immediate expenses for chiropractic care, funeral costs, X-ray expenses, rehabilitation expenses and nursing services. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Comprehensive coverage (or Other than Collision)

This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hail damage, falling objects, theft, hitting a deer and damage from flooding. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for collisions

This 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 the remaining damage will be paid by your insurance company.

Collision insurance covers claims like damaging your car on a curb, sideswiping another vehicle and scraping a guard rail. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Money doesn’t grow on trees

In this article, we covered some good ideas how to get a better price on 1995 Pontiac Grand Prix insurance. The key thing to remember is the more price quotes you have, the higher your chance of finding lower rates. You may even discover the best prices are with some of the lesser-known companies. These smaller insurers may have significantly lower rates on certain market segments than the large multi-state companies such as Geico and State Farm.

Affordable insurance can be found online and also from your neighborhood agents, so you should compare both so you have a total pricing picture. Some companies may not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.

Even more information can be read in these articles: