View 1997 Oldsmobile Regency Insurance Rates

Searching for the lowest cost auto insurance over the internet is difficult for consumers not familiar with price shopping online. When there are so many insurers available, how can anyone have a chance to compare every company to locate the cheapest rates?

Oldsmobile Regency rates are in the details

Consumers need to have an understanding of the rating factors that help determine the price you pay for insurance coverage. Knowing what controls the rates you pay allows you to make educated decisions that can help you get better insurance coverage rates.

  • Protect yourself with liability coverage – Your policy’s liability coverage is the coverage that protects you when you are found liable for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable as compared to coverage for physical damage, so buy as much as you can afford.
  • How many coverages with the same company – Some insurance companies will give a discount to people who have multiple policies with them in the form of a multi-policy discount. Even though this discount sounds good, it’s still a good idea to compare rates to confirm you are receiving the best rates possible. Drivers may still find a better deal by buying insurance from more than one company.
  • Better crash test results mean better rates – Cars with high safety ratings tend to have better insurance rates. Safe vehicles have better occupant injury protection and fewer injuries translates into fewer and smaller insurance claims and lower rates for you. If your Oldsmobile Regency earned at least four stars on Safercar.gov it may be receiving lower rates.
  • Battle of the sexes – The statistics show that women are safer drivers than men. Now that doesn’t mean women are BETTER drivers than men. Both sexes are in accidents in similar percentages, but the males tend to have more serious accidents. They also have more aggressive citations such as DWI and reckless driving.
  • Frequent insurance coverage claims increase rates – If you are a frequent claim filer, you can pretty much guarantee either policy cancellation or increased premiums. Companies generally give cheaper rates to insureds who do not file claims often. Your insurance policy is meant to be used in the event of the large, substantial claims.
  • Higher deductibles cost less – The deductibles represent how much money you are required to spend out-of-pocket in the event of a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some examples of claims that would be covered could be colliding with a building, vandalism, and burglary. The more expense the insured has to pay upfront, the bigger discount you will receive for Regency coverage.
  • Your job and insurance rates – Occupations such as judges, social workers and accountants tend to have higher rates than average in part from stressful work requirements and lots of time spent at work. On the flip side, jobs such as pilots, athletes and retirees receive lower rates for Regency coverage.

More discounts equal less premium

Car insurance can cost a lot, but you can get discounts to help offset the cost. Larger premium reductions will be automatically applied when you get a quote, but some may not be applied and must be asked for prior to getting the savings.

  • Seat Belts Save – Using a seat belt and requiring all passengers to use a seat belt could save 15% off your medical payments premium.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Oldsmobile could qualify for lower rates on the low mileage vehicles.
  • Homeowners Savings – Being a homeowner can help you save on insurance coverage because maintaining a house shows financial diligence.
  • Save with a New Car – Buying coverage on a new vehicle can be considerably cheaper compared to insuring an older model.
  • Safe Drivers – Safe drivers may receive a discount up to 45% less for Regency coverage than less cautious drivers.
  • Memberships – Participating in certain professional organizations may earn a discount on insurance coverage for Regency coverage.
  • Theft Prevention System – Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.

As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Just because you may think you can get free auto insurance, companies wouldn’t make money that way. Any qualifying discounts will cut the cost of coverage.

For a list of providers with discount insurance coverage rates, click here to view.

It’s not one size fits all

When buying adequate coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different.

For instance, these questions might point out whether or not you might need professional guidance.

  • Am I covered when delivering products for my home-based business?
  • What is PIP insurance?
  • Does my liability insurance cover pulling a trailer or camper?
  • Is my dog or cat covered if injured in an accident?
  • Which companies will insure high-risk drivers?
  • Am I better off with higher deductibles on my 1997 Oldsmobile Regency?

If it’s difficult to answer those questions, you might consider talking to a licensed agent. To find lower rates from a local agent, complete this form.

Insurance policy coverages for a 1997 Oldsmobile Regency

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

Comprehensive coverages – This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as fire damage, a tree branch falling on your vehicle and falling objects. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured and underinsured coverage – This gives you protection when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Oldsmobile Regency.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Frequently these coverages are set the same as your liablity limits.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for expenses such as ambulance fees, pain medications, dental work, rehabilitation expenses and nursing services. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

Collision coverages – Collision insurance will pay to fix damage to your Regency from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as hitting a parking meter, damaging your car on a curb and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also increase the deductible to bring the cost down.

Coverage for liability – Liability coverage can cover damage that occurs to a person or their property that is your fault. It protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like court costs, medical expenses and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.

More quotes mean more savings

Consumers leave their current company for many reasons like high prices, extreme rates for teen drivers, unfair underwriting practices or even not issuing a premium refund. It doesn’t matter why you want to switch choosing a new insurance company is less work than it seems.

We covered many ideas to reduce 1997 Oldsmobile Regency insurance prices online. The most important thing to understand is the more times you quote, the better likelihood of reducing your rate. Consumers could even find that the lowest premiums are with an unexpected company.

When shopping online for insurance coverage, do not buy lower coverage limits just to save a few bucks. There are a lot of situations where someone sacrificed collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your goal should be to purchase plenty of coverage at the best price.

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