Nobody looks forward to paying for auto insurance, especially knowing the price is too high.
Multiple auto insurance companies compete to insure your vehicles, so it’s not easy to compare every insurance company to find the absolute lowest rate
It’s a good habit to compare prices before your policy renews because prices are rarely the same from one policy term to another. Despite the fact that you may have had the lowest rates on Pursuit coverage last year other companies may now be cheaper. Forget all the misinformation about auto insurance because you’re about to learn the only way to find better coverage at a better price.
If you are paying for car insurance now, you should be able to cut costs considerably using these techniques. Finding affordable coverage is not that difficult. But car owners must learn the methods companies use to sell online because it can help you find the best coverage.
Do you qualify for a discount?
Insuring your vehicles can cost a lot, but companies offer discounts to reduce the price significantly. Larger premium reductions will be automatically applied at the time of quoting, but less common discounts must be specially asked for before they will apply.
- Passive Restraints – Cars that have air bags or automatic seat belts can receive discounts of up to 25% or more.
- Discount for New Cars – Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.
- Senior Citizens – Older drivers may be able to get a discount up to 10% on Pursuit coverage.
- Drivers Education – Require your teen driver to take driver’s ed class in high school.
- Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.
Keep in mind that most discount credits are not given to the overall cost of the policy. Some only apply to specific coverage prices like comprehensive or collision. So despite the fact that it appears it’s possible to get free car insurance, auto insurance companies aren’t that generous. But any discount will help reduce your premiums.
For a list of companies with discount auto insurance rates, click this link.
Pontiac Pursuit insurance rates can be determined by these details
It’s important that you understand some of the elements that go into determining your auto insurance rates. When you know what positively or negatively impacts premium levels enables informed choices that can help you get better auto insurance rates.
Listed below are some of the factors auto insurance companies consider when setting your rates.
- Do you have enough liability coverage? – Liability coverage is the protection in the event that you are found liable for damages from an accident. Liability provides you with a defense in court up to the limits shown on your policy. Liability is cheap when compared with rates for comp and collision, so drivers should carry high limits.
- Choose a safe vehicle and save – Cars with high safety ratings get lower rates. The safest vehicles have better occupant injury protection and better occupant protection means lower claim amounts and lower rates for you. If your Pontiac Pursuit scored better than four stars on Safercar.gov you are probably receiving a discount.
- Do you work long hours in a high stress job? – Jobs such as real estate brokers, business owners and dentists are shown to have the highest average rates due to high stress levels and long work days. Other jobs such as farmers, historians and the unemployed pay the least on Pursuit coverage.
- Type of vehicle determines base rates – The performance level of the vehicle you own makes a big difference in how high your rates are. Since the Pontiac Pursuit is classified as a sedan, insuring your vehicle will cost about the same compared to average rates. Lower performance four cylinder passenger models usually have the lowest rates, but there are many factors that impact the final cost.
- More claims means more premium – Car insurance companies provide lower rates to drivers who file claims infrequently. If you are a frequent claim filer, you can expect either higher rates or even cancellation. Your insurance policy is intended to be relied upon for the large, substantial claims.
- Your location affects your rates – Residing in small towns and rural areas can be a good thing when buying auto insurance. Drivers who live in large cities regularly have much more traffic and longer commute times. Less people living in that area means reduced accidents and also fewer theft and vandalism claims.
- Careful drivers pay lower rates – Your driving record has a big impact on rates. Even a single ticket can increase rates by as much as thirty percent. Good drivers have lower premiums than their less careful counterparts. Drivers who get dangerous violations such as DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent a license revocation.
- One company can mean more discounts – The majority of insurance companies will award you with lower prices to policyholders who have multiple policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, you may still want to compare other company rates to verify if the discount is saving money.
Can switching companies really save?
Companies like State Farm and Allstate constantly bombard you with ads in print and on television. All the ads have a common claim about savings if you switch to them. How do they all claim to save you money?
Insurance companies have a certain “appetite” for the type of driver that earns them a profit. For instance, a driver they prefer might be over the age of 40, insures multiple vehicles, and drives less than 7,500 miles a year. Any new insured that hits that “sweet spot” receives the best rates and most likely will save when they switch companies.
Potential customers who do not match this ideal profile will be charged higher rates which usually ends up with business going elsewhere. The ads say “customers who switch” not “everyone that quotes” save that much. This is how companies can truthfully make those claims.
That is why it is so important to get a wide range of price quotes. It’s not possible to predict which insurance companies will have the lowest rates.
Buy online or local, you save
We just covered a lot of ways to reduce Pontiac Pursuit insurance prices online. The key thing to remember is the more providers you compare, the higher your chance of finding lower rates. You may even discover the lowest rates come from an unexpected company. These companies can often insure niche markets at a lower cost as compared to the big name companies such as State Farm and Allstate.
Low-cost Pontiac Pursuit insurance is available both online as well as from independent agents, and you need to comparison shop both in order to have the best price selection to choose from. Some insurance companies don’t offer online quoting and many times these small, regional companies only sell through independent insurance agents.
As you shop your coverage around, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where someone sacrificed liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy enough coverage for the lowest price.
