Cheap 1995 Oldsmobile Aurora Insurance Rates

Finding more affordable car insurance over the internet is problematic for vehicle owners that are relatively new to comparison shopping over the internet. With such a large choice of companies competing online, how are we expected to have the ability to compare every one to find better rates?

Drivers can save with these money-saving discounts

Insuring your fleet can be pricey, but you might be missing out on some discounts that can dramatically reduce your bill. Most are applied when you quote, but lesser-known reductions have to be specially asked for prior to getting the savings.

• 55 and Retired – Older drivers may qualify for a small decrease in premiums on Aurora coverage.
• Accident Forgiveness – Not necessarily a discount, but some insurance companies will turn a blind eye to one accident without getting socked with a rate hike if your claims history is clear for a specific time period.
• Safe Driver Discount – Insureds who avoid accidents can save as much as half off their rates on Aurora coverage compared to rates paid by drivers with frequent claims.
• Active Military Service – Having an actively deployed family member could be rewarded with lower premium rates.
• Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with cheaper prices.
• Defensive Driving Course – Successfully completing a defensive driver course is a good idea and can lower rates and make you a better driver.

A quick disclaimer, most of the big mark downs will not be given to the entire policy premium. Most cut individual premiums such as collision or personal injury protection. If you do the math and it seems like all the discounts add up to a free policy, that’s just not realistic. Any amount of discount will bring down your policy premium.

Some of the larger companies that may offer most of these discounts are:

• Geico
• MetLife
• Progressive
• Travelers
• SAFECO
• AAA

When quoting, ask every insurance company how you can save money. Savings may not apply to policies everywhere. To see a list of insurance companies that offer the discounts shown above, click here to view.

Why your insurance prices might be higher

An important part of buying insurance is that you know the factors that play a part in calculating insurance coverage rates. When you know what positively or negatively controls the rates you pay, this helps enable you to make changes that will entitle you to cheaper rates. Lots of factors are part of the calculation when you get your auto insurance bill. Some are pretty understandable such as your driving record, but others are more obscure such as your marital status or your financial responsibility.

• You might have higher premiums if you are single – Your spouse can actually save you money on insurance coverage. Having a significant other means you’re more responsible and it’s statistically proven that drivers who are married are more cautious.
• Multiple policies with one company can save – Most larger companies provide better rates to insureds that buy multiple policies such as combining an auto and homeowners policy. This can amount to ten or even up to twenty percent in some cases. Even if you already get this discount, you may still want to compare rates to verify if the discount is saving money. You may still be able to save even more even if you have your coverage with different companies
• The higher your credit score the lower your premiums – Credit rating is likely to be a major factor in determining premium rates. People that have excellent credit scores tend to be better drivers and file fewer claims as compared to drivers with worse credit. Therefore, if your credit history is lower than you’d like, you could potentially save money when insuring your 1995 Oldsmobile Aurora by improving your credit score.
• Claim-free discounts can add up – Companies give most affordable rates to policyholders who are claim-free. If you file a lot of claims you can expect increased rates or even have your policy non-renewed. Your insurance policy is designed for claims that you cannot pay yourself.

Do I need special coverages?

When choosing adequate coverage, there really is no best way to insure your cars. Everyone’s needs are different.

For instance, these questions may help highlight if your insurance needs could use an agent’s help.

• Is borrowed equipment or tools covered if stolen or damaged?
• What can I do if my company denied a claim?
• Am I covered when delivering products for my home-based business?
• What is the difference between comprehensive and collision coverage?
• Am I covered when driving in Canada or Mexico?
• Do I have coverage when pulling a U-Haul trailer?
• What is roadside assistance coverage?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form.

But they said I’d save $410 a year!

Progressive, Allstate and Geico endlessly run television and radio advertisements. All the companies advertise claims about savings if you get a free car insurance quote and switch your policy. It sounds good, but how can they all have lower policy pricing?

Companies are able to cherry pick for the type of customer that is profitable for them. One example of a preferred risk may need to be over the age of 35, has other policies, and the vehicle is rated for pleasure use. A customer who matches those parameters will most likely get cheap prices and as a result will probably save a lot if they switch.

People who don’t measure up to these criteria may receive higher premiums which results in the customer not buying. The trick is to say “customers who switch” not “everyone who quotes” can save as much as they claim. That’s why insurance companies can make claims that they all have the best rates. This really illustrates why it is so important to compare quotes as often as possible. Because you cannot predict the company that will have the lowest rate quotes.

Auto insurance coverages

Understanding the coverages of your insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Oldsmobile Aurora.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Liability car insurance

Liability coverage can cover damages or injuries you inflict on other people or property in an accident. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims like attorney fees, court costs and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like nursing services, hospital visits, chiropractic care and prosthetic devices. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, damage from flooding, rock chips in glass and vandalism. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision protection

This covers damage to your Aurora resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims like hitting a parking meter, rolling your car, crashing into a ditch, colliding with another moving vehicle and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.

Be a smart shopper

We covered a lot of ways to save on 1995 Oldsmobile Aurora insurance. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding affordable car insurance. Drivers may discover the lowest prices are with a company that doesn’t do a lot of advertising.

Insureds leave their current company for many reasons like delays in paying claims, policy cancellation, poor customer service and questionable increases in premium. Whatever your reason, choosing a new insurance company is not as hard as you think.

When getting car insurance quotes online, do not skimp on coverage in order to save money. In too many instances, someone sacrificed liability limits or collision coverage and discovered at claim time they didn’t have enough coverage. Your focus should be to purchase a proper amount of coverage at the lowest possible cost, but do not sacrifice coverage to save money.

More detailed insurance information is available in these articles:

• Anti-Lock Brake FAQ (iihs.org)
• Collision Insurance Coverage (Nationwide)
• Collision Coverage (Liberty Mutual)
• Prom Night Tips for Teen Drivers (State Farm)
• How do I File a Claim? (Insurance Information Insitute)