Cheap 2008 Saab 9-5 Insurance Rates

Did you fall for a flashy sales pitch and buy an overpriced insurance policy? Trust us, many consumers are feeling buyer’s remorse and feel like there’s no way out.

Consumers have many car insurance companies to insure vehicles with, and although it’s nice to have a choice, it can be more challenging to compare company pricing.

Get lower rates on Saab 9-5 insurance

Insurance can cost an arm and a leg, but you can get discounts that can drop the cost substantially. A few discounts will automatically apply at the time of purchase, but some must be specifically requested prior to getting the savings.

  • Own a Home – Owning a house may trigger a insurance policy discount because owning a home demonstrates responsibility.
  • No Accidents – Drivers who don’t have accidents pay much less compared to drivers who are more careless.
  • 55 and Retired – If you’re over the age of 55, you may receive a small decrease in premiums on 9-5 coverage.
  • Passive Restraints and Air Bags – Cars that have air bags can qualify for discounts of 20% or more.
  • Early Signing – Some insurance companies reward drivers for signing up before your current policy expires. This can save 10% or more.
  • College Student – Kids in college who attend school more than 100 miles from home and do not have a car can receive lower rates.
  • Driver Safety – Successfully completing a driver safety course can save you 5% or more depending on where you live.

Keep in mind that most of the big mark downs will not be given to your bottom line cost. Most only cut the cost of specific coverages such as comprehensive or collision. Just because it seems like you can get free auto insurance, companies wouldn’t make money that way. Any qualifying discounts will cut the amount you have to pay.

For a list of insurers offering insurance discounts, follow this link.

Tailor your coverage to you

When it comes to choosing the best auto insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Everyone’s situation is a little different so this has to be addressed. For example, these questions can aid in determining if your situation might need professional guidance.

  • Am I insured when driving a different vehicle?
  • Can I afford low physical damage deductibles?
  • Am I covered when pulling a rental trailer?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Why is insurance for a teen driver so high?
  • How many claims can I have before being cancelled?
  • Are all vehicle passengers covered by medical payments coverage?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Car insurance coverage information

Knowing the specifics of your policy can be of help when determining which coverages you need for your vehicles. Policy terminology can be confusing and coverage can change by endorsement. Below you’ll find typical coverages found on the average insurance policy.

Comprehensive or Other Than Collision

This pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, a tree branch falling on your vehicle and rock chips in glass. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like colliding with another moving vehicle, hitting a mailbox and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these coverages are identical to your policy’s liability coverage.

Auto liability insurance

Liability coverage will cover damage that occurs to other’s property or people in an accident. This coverage protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like legal defense fees, structural damage, court costs, funeral expenses and loss of income. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Medical costs insurance

Med pay and PIP coverage reimburse you for expenses like chiropractic care, hospital visits, doctor visits and dental work. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Find Good Coverage for Less

We covered a lot of ways to save on 2008 Saab 9-5 insurance. It’s most important to understand that the more providers you compare, the better likelihood of reducing your rate. You may even discover the lowest priced insurance coverage comes from a small mutual company. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as Allstate or State Farm.

Lower-priced insurance can be purchased online in addition to many insurance agents, so you should be comparing quotes from both to have the best selection. Some companies do not provide the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

Additional learning opportunities