2004 Saturn L300 Insurance Quotes – 5 Tips to Save

Having to pay for overpriced auto insurance can overdraw your bank account and put the squeeze on your family’s finances. Comparing price quotes is free and is an excellent way to tighten up your finances.

Because you have many insurance providers from which to choose, it can be hard to pick the lowest price insurer.

Compare Insurance Today

When shopping for insurance there are multiple ways to compare rate quotes and find the best price. One of the best ways to find the cheapest 2004 Saturn L300 insurance rates is simply to get online rate quotes. It is quite easy and can be accomplished using a couple different methods.

The first (and easiest) way consumers can analyze rates is to use a rate comparison form click to view form in new window. This easy form eliminates the need for boring form submissions for every insurance company. A single, simple form will get you rate comparisons from several companies.

A harder way to analyze rates is to manually visit each company website and request a quote. For examples sake, let’s say you want to compare Auto-Owners, Geico and Allstate. You would have to take the time to go to each site to enter your coverage information, which is why most consumers use the first method.

For a list of links to insurance companies in your area, click here.

It’s up to you which method you use, but ensure you are comparing apples-to-apples coverages and limits for each price quote. If you enter different liability limits you can’t possibly determine which rate is truly the best. Slightly different coverages could mean much higher rates. Just remember that quoting more helps you find a better price.

Don’t overlook these five discounts

Companies offering auto insurance do not advertise all their discounts in an easy-to-find place, so here is a list some of the best known and the harder-to-find car insurance savings.

Multi-car Discount – Having more than one vehicle with the same company may reduce the rate for each vehicle.
Anti-lock Brakes – Vehicles with anti-lock braking systems can avoid accidents and qualify for as much as a 10% discount.
Drivers Ed for Students – Require your teen driver to enroll in driver’s education in high school.
Early Switch Discount – Select companies give a discount for switching to them before your current expiration date. It’s a savings of about 10%.
Air Bag Discount – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts of more than 20%.

Drivers should understand that most credits do not apply to the overall cost of the policy. A few only apply to specific coverage prices like liability, collision or medical payments. So even though it sounds like you can get free auto insurance, you won’t be that lucky.

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

Before buying, ask every prospective company which discounts you may be entitled to. Savings might not be offered in every state.

Is my situation unique?

When choosing the best insurance coverage, there is no cookie cutter policy. Every situation is different so your insurance needs to address that. Here are some questions about coverages that can help discover if you could use an agent’s help.

Should I carry comprehensive and collision coverage?
Is my custom paint covered by insurance?
What is UM/UIM insurance?
Should I have a commercial auto policy?
What is no-fault insurance?
Do I have coverage when making deliveries for my home business?
Am I covered if I hit a deer?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Learn about insurance coverages for a 2004 Saturn L300

Learning about specific coverages of insurance aids in choosing which coverages you need for your vehicles. Insurance terms can be impossible to understand and nobody wants to actually read their policy. These are the usual coverages found on most insurance policies.

Coverage for medical expenses

Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like ambulance fees, rehabilitation expenses, pain medications and surgery. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. PIP is not universally available and may carry a deductible

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Saturn L300.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Coverage for collisions

This coverage covers damage to your L300 resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as sideswiping another vehicle, colliding with a tree, backing into a parked car, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Liability car insurance

This coverage can cover injuries or damage you cause to other’s property or people in an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability insurance covers claims such as medical services, repair costs for stationary objects, medical expenses and court costs. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Comprehensive insurance

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hail damage, hitting a bird and damage from flooding. The most your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.