Trying to find cheaper insurance for your Oldsmobile Regency can be difficult, but you can use the following methods and make it easy. There is a better way to shop for auto insurance and you need to know the quickest way to quote coverages on a Oldsmobile and find the lowest possible price from local insurance agents and online providers.
Effectively comparing insurance prices can take time and effort if you aren’t aware of the most efficient way. You can spend countless hours discussing policy coverages with insurance agencies in your area, or you could save time and use online quoting to maximize your effort.
Most major companies take part in a program that enables customers to enter their coverage request one time, and at least one company then returns a price quote based on that data. This prevents consumers from doing quotation requests for every insurance company.
To participate in this free quote system, click here to open in new window.
The one disadvantage to getting quotes like this is you are unable to specify which insurance companies to receive prices from. So if you prefer to pick from a list of companies to compare rates, we have a listing of the cheapest insurance companies in your area. View list of insurance companies.
It’s up to you which method you use, but double check that you are using exactly the same information for each price quote. If you have different deductibles it’s impossible to find the best deal for your Oldsmobile Regency.
Car insurance companies don’t always advertise every discount in an easy-to-find place, so the following is a list of both well-publicized and the more hidden savings tricks you should be using. If they aren’t giving you every credit available, you are paying more than you should be.
It’s important to understand that some of the credits will not apply the the whole policy. The majority will only reduce the cost of specific coverages such as comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, companies wouldn’t make money that way.
Companies that possibly offer these benefits include:
Check with every prospective company which discounts they offer. All car insurance discounts may not apply everywhere.
An important part of buying insurance is that you know the factors that go into determining your auto insurance rates. Understanding what impacts premium levels helps enable you to make changes that may reward you with lower auto insurance prices.
When it comes to choosing adequate coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different.
These are some specific questions might help in determining if your situation might need an agent’s assistance.
If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It is quick, free and can provide invaluable advice.
Consumers get pounded daily by advertisements for cheaper car insurance by companies like State Farm and Allstate. They all seem to have a common claim about savings after switching to them.
How does each company claim to save you money? It’s all in the numbers.
All the different companies have a preferred profile for the driver that earns them a profit. A good example of a preferred risk could possibly be a mature driver, has no tickets, and chooses high deductibles. Any driver who fits that profile will get the preferred rates and as a result will probably save when they switch companies.
Consumers who don’t meet the “perfect” profile will have to pay higher premiums and this can result in business going elsewhere. The ads say “people who switch” but not “drivers who get quotes” save that kind of money. That is how companies can truthfully make the claims of big savings. Because of the profiling, you need to compare many company’s rates. It’s just too difficult to predict the company that will fit your personal profile best.
Knowing the specifics of your policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.
Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.
Comprehensive protection – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things like hail damage, falling objects, damage from getting keyed, damage from a tornado or hurricane and theft. The most your insurance company will pay 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.
Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like funeral costs, rehabilitation expenses, hospital visits and doctor visits. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage
Collision coverages – This coverage covers damage to your Regency resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like hitting a parking meter, colliding with another moving vehicle and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.
Liability – Liability insurance can cover injuries or damage you cause to other people or property in an accident. This coverage protects you against claims from other people, and doesn’t cover 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 limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.
Liability coverage pays for claims such as structural damage, bail bonds, legal defense fees and medical expenses. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.
Consumers who switch companies do it for many reasons like policy cancellation, denial of a claim, unfair underwriting practices or even not issuing a premium refund. Regardless of your reason for switching companies, choosing a new company is not as hard as you think.
When buying insurance coverage, it’s not a good idea to reduce coverage to reduce premium. Too many times, an insured cut comprehensive coverage or liability limits to discover at claim time they didn’t purchase enough coverage. Your strategy should be to purchase plenty of coverage at an affordable rate, not the least amount of coverage.
We just presented some good ideas how to save on 1998 Oldsmobile Regency insurance. The most important thing to understand is the more you quote, the more likely it is that you will get a better rate. Drivers may discover the best price on auto insurance is with an unexpected company.