Drivers have lots of choices when trying to find affordable Pontiac Grand Am insurance. You can either waste hours driving around to compare prices or save time using the internet to compare rates. There are more efficient ways to find car insurance online and you need to know the absolute fastest way to quote coverages on a Pontiac and locate the cheapest rates from both online companies and local agents.
Be sure to get all your discounts
Car insurance companies do not advertise every discount in an easy-to-find place, so the following is a list of some of the more common as well as the least known discounts you could be receiving. If they aren’t giving you every credit you deserve, you are paying more than you should be.
- No Claims – Good drivers with no accidents can save substantially when compared to accident-prone drivers.
- Homeowners Pay Less – Being a homeowner may earn you a small savings because maintaining a house requires personal responsibility.
- Good Student Discount – This discount can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
- Club Memberships – Being a member of a civic or occupational organization could trigger savings on your policy for Grand Am insurance.
- Safe Drivers – Drivers who avoid accidents may save up to 50% more for Grand Am insurance than their less cautious counterparts.
- Save over 55 – Older drivers may be able to get better car insurance rates for Grand Am insurance.
Keep in mind that many deductions do not apply to your bottom line cost. Some only apply to individual premiums such as medical payments or collision. So despite the fact that it appears having all the discounts means you get insurance for free, companies don’t profit that way.
Car Insurance Comparisons
There are multiple methods to compare car insurance quotes, but one way is easier and takes less work. You could spend your day talking about coverages with local insurance agents in your area, or you could save time and use online quoting for quick rates.
Many insurance companies enroll in a system where prospective buyers submit their information once, and every company then returns a price quote based on that data. This eliminates the need for form submissions for every car insurance company.
To compare pricing click here (opens in new window).
The only drawback to comparing rates this way is you don’t know exactly which insurance companies to get pricing from. So if you want to select from a list of companies to compare rates, we have a page of car insurance companies in your area. Click to view list.
Which method you use is up to you, but be sure to compare the exact same quote information with every price quote. If you have different deductibles you can’t possibly make an equal comparison.
Car insurance 101
Understanding the coverages of a car insurance policy helps when choosing the best coverages and the correct deductibles and limits. Car insurance terms can be difficult to understand and nobody wants to actually read their policy.
Collision – This pays for damage to your Grand Am caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers claims like hitting a mailbox, colliding with a tree and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.
Comprehensive insurance – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims like damage from a tornado or hurricane, theft, a broken windshield, a tree branch falling on your vehicle and hail damage. The highest amount your car insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Coverage for liability – Liability coverage provides protection from damage or injury you incur to people or other property by causing an accident. It protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.
Liability coverage protects against claims like medical expenses, funeral expenses, court costs, legal defense fees and loss of income. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.
Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Pontiac Grand Am.
Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.
Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage pay for short-term medical expenses like rehabilitation expenses, dental work and X-ray expenses. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Cheaper insurance is a realistic goal
As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where someone dropped liability limits or collision coverage only to regret they didn’t purchase enough coverage. Your focus should be to purchase plenty of coverage at the best price, not the least amount of coverage.
Drivers switch companies for a variety of reasons including denial of a claim, being labeled a high risk driver, not issuing a premium refund or even unfair underwriting practices. Whatever your reason, choosing a new company is pretty easy and you might even save some money in the process.
Cheaper Pontiac Grand Am insurance is available from both online companies as well as from independent agents, so you should compare both to get a complete price analysis. Some insurance providers don’t offer the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.
