Penny Pincher's Guide to Insuring a Pontiac Pursuit
If searching for lower car insurance rates was a good time, we'd have no problem finding the best rate. But most likely we pay more than we want to and don't really enjoy the buying process. Cutting the check for each renewal on your Pontiac Pursuit might give you the same feeling.
Step One: Compare Rates from Multiple Companies
Years ago, your local insurance agent was the only way to quote a buy a car insurance policy. Not anymore!
The first step to finding lower Pontiac Pursuit rates is to get quotes from all the major car insurance companies. This is fast and easy and only requires you to complete one form.
Simply click the link below to start a quote that will compare rates from many companies and you may find a lower rate than you're currently paying.
Important Tip! In order to accurately compare rates for your Pursuit, it's critical that you use the same limits and deductibles for liability and physical damage coverages like comprehensive and collision. If you use different limits, you will not be able to accurately compare rates between carriers.
Step Two: How to Lower your Pursuit Insurance Premium
What you actually pay to insure your Pontiac is determined by many factors, some of which you have no control over.
- Vehicles that tend to get stolen or have high repair costs will cost you more to insure. If your Pursuit falls into either category, it could cost you.
- If you're over the age of 55, check to see if you qualify for a senior citizen discount. Qualification age may vary by company
- Small claims that may only exceed your physical damage deductibles by a small amount are better off not being submitted to your company. Just pay the extra hundred dollars or two and keep a claim-free discount on your policy.
- If you rent rather than own a home, you may be paying more for car insurance. Homeowners often get lower rates.
- The advancement of car safety features such as traction control, stability control, front and side-impact air bags and all-wheel drive all help keep insurance costs down.
- Letting your car insurance expire without having new coverage in place is called a "lapse" and will cause your next policy premiums to be higher.
- If you have a speeding ticket or other moving violation, you could be charged more for insurance. If you get a ticket, find out if your county or state offers a defensive driving course that will void the ticket upon completion.
- If your city or county offers a driver's safety course, find out if your insurance company will give you a discount to complete it. It could save you up to 10%.
- The easiest way to INCREASE your car insurance rates is to add a teenage driver to your policy. There aren't many ways to prevent a rate increase, but if you can rate them on an older vehicle, it can help.
- How is your credit rating? The better credit you have, the less insurance will cost for your Pursuit. If you have bad credit, work on improving your credit score and repair past credit problems.
- You can save money on your physical damage coverage (comprehensive and collision) by increasing your deductibles. Higher deductibles mean you are willing to pay more before the insurance company covers a claim.
Step Three: Finalize your Policy Details
Choosing a new car insurance company is not easy. But hopefully you have a handful of quotes for your Pursuit that will give you a good idea of how much it will cost, as well as some idea of any coverage changes you may want to make.
It's critical that your new policy starts the same day that your old policy ends. If you are cancelling mid-term, make sure there is no lapse in coverage before your new policy kicks in.
If you are adding a vehicle to an existing policy and not buying a new one, just make sure to get the vehicle added as soon as possible. Every insurance company offers a grace period to add new vehicles, so make sure you get the Pontiac added prior to the expiration of this grace period. Comprehensive (or Other than Collision) and collision coverage will extend to your new Pursuit if you current have a vehicle insured with those coverages. If you aren't insured or only carry basic liability coverage, then you will be inadequately insured until you add the vehicle to your policy with full coverage.
Upon completion of buying your policy, you need to print out the financial responsibility card that must be kept in your vehicle at all times. Replace any old cards and promptly replace expired cards. If you're considered a high-risk driver, having been convicted of a DUI, DWI, reckless driving or had your license suspended, you may need to file a SR-22. Be sure your new company files this form with your state DMV. Failure to do so can result in losing your right to drive.
Consumer Insurance Information
The Insurance Information Institute has a great resource of car insurance articles where you can learn more about coverages and money saving tips. Visit iii.org.
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