1998 Oldsmobile Eighty-Eight Insurance Quotes

Searching for lower auto insurance rates for your Oldsmobile Eighty-Eight? Are you a victim of overpriced auto insurance? Believe me when I say you are not the only one feeling buyer’s remorse.

Many insurance companies vie to insure your vehicles, and it can be difficult to compare rates and get the definite lowest price

It’s smart to check auto insurance prices quite often since insurance rates change quite often. Despite the fact that you may have had the best price on Eighty-Eight coverage six months ago you may be paying too much now. Forget all the misinformation about auto insurance because you’re about to learn the right way to properly buy coverages while reducing your premium.

Save with discounts on 1998 Oldsmobile Eighty-Eight insurance

Car insurance companies don’t always advertise every available discount very well, so we break down some of the best known and the harder-to-find ways to save on car insurance.

  • Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
  • No Accidents – Drivers who don’t have accidents pay less compared to accident-prone drivers.
  • Save with a New Car – Buying coverage on a new vehicle is cheaper compared to insuring an older model.
  • Multiple Policy Discount – If you insure your home and vehicles with one company you could get a discount of 10% to 20% off each policy.
  • Discount for Swiching Early – Some companies give discounts for switching policies prior to your current policy expiring. The savings is around 10%.
  • Accident Forgiveness – A few companies will forgive one accident before your rates go up if you are claim-free prior to the accident.
  • Payment Method – If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.

A little note about advertised discounts, most discount credits are not given to the entire policy premium. The majority will only reduce individual premiums such as comp or med pay. Just because you may think adding up those discounts means a free policy, you’re out of luck.

Companies that may offer some of the above discounts are:

It’s a good idea to ask each company how you can save money. Some discounts might not apply everywhere.

Impacting insurance rates for an Oldsmobile Eighty-Eight

Smart consumers have a good feel for some of the elements that play a part in calculating your car insurance rates. Understanding what impacts premium levels helps enable you to make changes that will entitle you to better car insurance rates.

Shown below are some of the items that factor into prices.

  • Higher deductibles cost less – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your Oldsmobile from damage. Examples of covered claims are running into the backend of another car, damage from fire, and burglary. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket if you file a covered claim. The more money you’re willing to pay, the less your car insurance will be on Eighty-Eight coverage.
  • Men fork out a little more – Statistics demonstrate women tend to be less risk to insure than men. Now that doesn’t mean men are WORSE drivers than women. Both sexes cause accidents in similar percentages, but the male of the species tend to have more serious accidents. Men also tend to receive more costly citations such as DWI and reckless driving.
  • A lapse in coverage is a bad thing – Driving with no insurance is against the law and as a result your rates will increase for letting your coverage lapse. Not only will rates go up, but not being able to provide proof of insurance can result in a hefty fine and possibly a revoked license.
  • Lower rates with optional equipment – Choosing a vehicle with a theft deterrent system can help lower your rates. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your car from being stolen.
  • Credit scores impact car insurance rates – A driver’s credit score is a large factor in determining your rates. Therefore, if your credit score is lower than you’d like, you could potentially save money when insuring your 1998 Oldsmobile Eighty-Eight by improving your rating. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers with poor credit.
  • Bundling policies can get discounts – Many insurance companies will give a discount to people who consolidate policies with them such as combining an auto and homeowners policy. This can amount to 10 percent or more. If you currently are using one company, it’s in your best interest to shop around to ensure the best deal. You may still find better rates by buying car insurance from a different company.

Tailor your coverage to you

When buying the best car insurance coverage, there isn’t really a “perfect” insurance plan. Every situation is different so this has to be addressed. For instance, these questions might point out if your insurance needs may require specific advice.

  • What are the best liability limits?
  • Is my ex-spouse still covered by my policy?
  • Am I getting all the discounts available?
  • Can I make deliveries for my home business?
  • Am I covered if hit by an uninsured driver?
  • How do I buy GAP insurance?
  • When would I need rental car insurance?
  • Why am I required to buy high-risk coverage?
  • Can I afford to pay high deductible claims out of pocket?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

The insurance coverage bait and switch

Insurance coverage providers like State Farm and Allstate regularly use ads on television and other media. They all say the same thing of big savings if you move your policy. How does each company claim to save you money?

All the different companies have a preferred profile for the type of driver they prefer to insure. A good example of a preferred risk could possibly be between the ages of 40 and 55, owns a home, and drives less than 7,500 miles a year. A propective insured who matches those parameters will get very good rates and most likely will save quite a bit of money when switching.

Potential customers who don’t meet the “perfect” profile will be quoted higher prices which usually ends up with business going elsewhere. The ads state “customers who switch” not “people who quote” save that kind of money. This is how companies can truthfully claim big savings. This emphasizes why you absolutely need to quote coverage with many companies. Because you never know the company that will have the lowest Oldsmobile Eighty-Eight insurance rates.

Specific coverage details

Learning about specific coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. Insurance terms can be confusing and nobody wants to actually read their policy. These are the usual coverages available from insurance companies.

Auto liability insurance

Liability insurance protects you from damage or injury you incur to a person or their property that is your fault. This insurance protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage protects against claims like medical services, funeral expenses and attorney fees. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like damage from flooding, falling objects, a broken windshield, a tree branch falling on your vehicle and hail damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for EMT expenses, X-ray expenses, funeral costs, nursing services and pain medications. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to 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 universally available and may carry a deductible

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like hitting a mailbox, hitting a parking meter, rolling your car, scraping a guard rail and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

This coverage gives you protection when other motorists either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your 1998 Oldsmobile Eighty-Eight.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Buy Smart and Save

While you’re price shopping online, do not sacrifice coverage to reduce premiums. There have been many cases where an insured dropped physical damage coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

Low-cost 1998 Oldsmobile Eighty-Eight insurance can be found online as well as from independent agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance companies don’t offer you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

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