Lower Your 1993 Oldsmobile Ninety-Eight Insurance Rates

Want cheaper insurance coverage rates for your Oldsmobile Ninety-Eight? Drivers fed up with high insurance rates and are new to shopping for insurance online are likely to discover sourcing low cost insurance is tougher than they thought.

Finding the best rates is easy if you know what you’re doing. Just about anyone who has to buy insurance most likely will be able to reduce their rates. Nevertheless, car owners benefit from understanding how the larger insurance companies market on the web and apply this information to your search.

How to get free insurance quotes online

Performing a rate comparison can be challenging if you aren’t aware of the best way to get rate quotes. You could spend your day talking to insurance companies in your area, or you could save time and use the web to get pricing more quickly.

Most of the best insurance companies participate in a marketplace that enables customers to only type in their quote data once, and each company returns a competitive quote for coverage. This eliminates the need for quote forms for every insurance company.

To access this free quoting program, click here to open in new window.

The only downside to comparing rates this way is you are unable to specify which providers you will receive quotes from. If you prefer to choose individual companies to compare rates, we have assembled a list of insurance companies in your area. Click here for list of insurance companies.

Take whichever approach you prefer, but compare equivalent coverages and limits on every quote you get. If you compare different values for each quote you can’t possibly determine the lowest rate for your Oldsmobile Ninety-Eight. Just slight variations in insurance coverages may cause a big price difference. And when comparison shopping, comparing more company’s prices helps you find the best price.

Ads can be misleading

21st Century, Allstate and State Farm consistently run ads in print and on television. They all make the point about saving some big amount if you change your auto insurance coverage to their company. But how can every company offer you a better deal? It’s all in the wording.

Companies look for specific characteristics for the type of driver that will add to their bottom line. For instance, a profitable risk profile might have to be over the age of 40, carries high limits, and drives a car with an anti-theft system. Any customer that matches those criteria will most likely get cheap premium rates and most likely will save when they switch companies.

Potential customers who fall short of these standards may be required to pay more expensive rates with the end result being the prospect going elsewhere. If you listen to the ad wording, they say “customers who switch” but not “everyone who gets a quote” save money. That’s why insurance companies can confidently make claims that they all have the best premium rates. This illustrates why it is so important to compare many company’s premium rates. It is just not possible to predict which insurance companies will fit your personal profile best.

Insurance discounts are available to reduce your rates

Some companies don’t always list the complete list of policy discounts in a way that’s easy to find, so the below list has both the well known in addition to some of the lesser obvious insurance savings.

• Fewer Miles Equal More Savings – Driving less could earn substantially lower premium rates.
• College Student Discount – Kids who attend college more than 100 miles from home and do not have a car can receive lower rates.
• Accident-Free Discounts – Good drivers with no accidents have much lower rates as opposed to drivers with a long claim history.
• Discounts for Multiple Vehicles – Buying a policy with more than one vehicle on the same insurance policy may reduce the rate for each vehicle.
• Include Life Insurance and Save – Not all insurance companies offer life insurance, but some may give you a small discount if you purchase auto and life insurance together.
• Senior Citizen Rates – If you qualify as a senior citizen, you may receive better insurance rates for Ninety-Eight coverage.
• Good Student – Performing well in school may save as much as 25% on a insurance quote. The discount lasts up until you turn 25.
• Discount for Multiple Policies – If you combine your homeowners and auto policies with one insurance company you could get a discount of up to 20% and get you the cheapest insurance.
• Seat Belt Discounts – Requiring all passengers to fasten their seat belts can save a little on the medical payments or PIP coverage costs.

Policy discounts save money, but most credits do not apply to the entire policy premium. Most only apply to individual premiums such as comp or med pay. Just because you may think it’s possible to get free car insurance, you’re out of luck. But all discounts will bring down the amount you pay for coverage.

A few of the larger companies and a partial list of their discounts are included below.

• 21st Century offers premium reductions for automatic seat belts, driver training, air bags, student driver, teen driver, defensive driver, and early bird.
• State Farm offers discounts for accident-free, good driver, Steer Clear safe driver discount, safe vehicle, and defensive driving training.
• AAA policyholders can earn discounts including multi-car, pay-in-full, multi-policy, AAA membership discount, education and occupation, and good student.
• Liberty Mutual offers discounts including preferred payment discount, exclusive group savings, newly retired, multi-policy, newly married, new vehicle discount, and new graduate.
• Progressive includes discounts for continuous coverage, online quote discount, homeowner, online signing, and multi-vehicle.

If you want the cheapest insurance quotes, ask each insurance company to apply every possible discount. Some discounts listed above might not apply everywhere.

Everyone needs different car insurance coverages

When it comes to buying the best car insurance coverage for your vehicles, there is no one size fits all plan. Everyone’s situation is a little different.

These are some specific questions may help highlight whether your personal situation would benefit from an agent’s advice.

• How can I get high-risk coverage after a DUI?
• Am I covered if I hit my neighbor’s mailbox?
• Do I need PIP (personal injury protection) coverage in my state?
• Does my liability insurance cover pulling a trailer or camper?
• What are the financial responsibility laws in my state?
• Is a blown tire covered by insurance?

If you’re not sure about those questions, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form.

Specific coverages for an Oldsmobile Ninety-Eight

Knowing the specifics of auto insurance can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and coverage can change by endorsement.

Coverage for medical payments – Med pay and PIP coverage reimburse you for immediate expenses like pain medications, chiropractic care, EMT expenses and prosthetic devices. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Collision coverages – Collision insurance covers damage to your Ninety-Eight resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like crashing into a ditch, backing into a parked car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Uninsured and underinsured coverage – This coverage provides protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Oldsmobile Ninety-Eight.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Comprehensive coverages – This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as vandalism, rock chips in glass, hitting a deer, a broken windshield and hail damage. The most a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability insurance – Liability coverage can cover injuries or damage you cause to a person or their property. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage protects against claims such as structural damage, pain and suffering and bail bonds. How much liability should you purchase? That is your choice, but consider buying higher limits if possible.

Stretch your dollar

Throughout this article, we presented a lot of information how to save on 1993 Oldsmobile Ninety-Eight insurance. The key thing to remember is the more quotes you get, the better your comparison will be. You may even discover the biggest savings come from a lesser-known regional company.

Consumers switch companies for any number of reasons including being labeled a high risk driver, policy non-renewal, delays in paying claims or lack of trust in their agent. Regardless of your reason, choosing a new insurance company is not as difficult as it may seem.

As you prepare to switch companies, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many situations where consumers will sacrifice collision coverage and learned later that the savings was not a smart move. Your objective should be to buy the best coverage you can find at the best cost, but don’t skip important coverages to save money.

For more information, take a look at the articles below:

• Distracted Driving (Insurance Information Insitute)
• Eight Auto Insurance Myths (Insurance Information Insitute)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Airbag FAQ (iihs.org)
• Auto Insurance Basics (Insurance Information Insitute)
• Rental Reimbursement Coverage (Allstate)