Cheap 1998 Oldsmobile LSS Insurance Quotes

Having to pay for pricey Oldsmobile LSS insurance can sap your personal savings and force you to prioritize other expenses. Doing a rate analysis can save money and help to make sure you’re not throwing money away.

Due to the fact that there are so many options when it comes to insurance, it is very difficult to locate a more affordable insurance provider.

It’s a great practice to compare prices every six months because insurance prices fluctuate regularly. Just because you found the lowest rates for LSS coverage at your last renewal you may be paying too much now. There is too much inaccurate information about insurance online, but in just a couple of minutes you can learn some of the best ways to reduce your insurance bill.

The quickest way to get rate comparisons utilizes the fact almost all companies provide online access to compare their rates. The only thing you need to do is provide information including driver ages, how your vehicles are used, how much school you completed, and what you do for a living. That rating information gets transmitted to multiple top-rated companies and you will get price comparisons within a short period of time.

To start a rate quote now, click here and find out if you can get cheaper insurance.

Lower rates by qualifying for discounts

Some insurers don’t always advertise the entire discount list in a way that’s easy to find, so the list below details a few of the more well known as well as some of the hidden discounts that you can inquire about if you buy car insurance online.

• Save with More Vehicles Insured – Purchasing coverage when you have multiple cars or trucks with the same company can reduce the rates for all insured vehicles.
• Employee of Federal Government – Employees or retirees of the government could qualify for a slight premium decrease for LSS coverage with select insurance companies.
• Military Discounts – Having a deployed family member could be rewarded with lower rates.
• Telematics Discount – Policyholders that allow their auto insurance company to analyze when and where they use their vehicle by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction if their driving habits are good.
• Anti-lock Brake Discount – Cars with ABS braking systems or traction control prevent accidents and earn discounts up to 10%.
• Driver Education Discount – Cut your cost by having your teen driver enroll in driver’s education in school or through a local driver safety program.
• Discount for Low Mileage – Fewer annual miles on your Oldsmobile could qualify for cheaper premium rates.
• Distant Student Discount – who attend college more than 100 miles from home and do not take a car to college may qualify for this discount.
• Memberships – Being in a qualifying organization could earn you a nice discount on your next auto insurance statement.

You can save money using discounts, but most discount credits are not given to the overall cost of the policy. A few only apply to the price of certain insurance coverages like medical payments or collision. So when the math indicates all those discounts means the company will pay you, you won’t be that lucky.

Large auto insurance companies and a partial list of their discounts can be read below.

• State Farm may include discounts for passive restraint, good student, multiple autos, student away at school, multiple policy, defensive driving training, and anti-theft.
• Progressive policyholders can earn discounts including good student, online signing, homeowner, multi-policy, and multi-vehicle.
• Progressive discounts include multi-vehicle, multi-policy, good student, continuous coverage, online signing, and homeowner.
• MetLife has discounts for defensive driver, good student, claim-free, multi-policy, and accident-free.
• Farm Bureau has savings for youthful driver, renewal discount, 55 and retired, driver training, multi-policy, and multi-vehicle.
• Geico may offer discounts for multi-policy, multi-vehicle, seat belt use, defensive driver, five-year accident-free, emergency military deployment, and driver training.
• SAFECO offers premium reductions for multi-car, teen safe driver, accident prevention training, safe driver, anti-theft, and bundle discounts.

When comparing rates, check with all the companies which credits you are entitled to. Discounts may not apply in your area. If you would like to see a list of auto insurance companies that offer many of these discounts, click here.

Insurance is unique, just like you

When choosing proper insurance coverage, there really is no cookie cutter policy. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For instance, these questions may help highlight whether you might need an agent’s assistance.

• Do I need an umbrella policy?
• Do I pay less if my vehicle is kept in my garage?
• Will my insurance pay for OEM parts?
• Do I need replacement cost coverage?
• What is covered by UM/UIM coverage?
• Am I covered when pulling a rental trailer?
• Why does it cost so much to insure a teen driver?
• Why am I required to buy liability insurance?
• Is my nanny covered when driving my vehicle?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

Informed drivers save every year

The best way to find cheaper insurance is to take a look at the rating factors that help calculate insurance rates. If you have some idea of what influences your rates, this helps enable you to make changes that may reward you with lower rates. Lots of factors are considered when pricing auto insurance. Some factors are common sense like an MVR report, but others are not as apparent such as whether you are married or your vehicle rating.

• Does your job cost you more? – Do you work in a high-stress field? Jobs like military generalspolice officers and financial analysts tend to pay higher rates than the rest of us in part from high stress and extremely grueling work hours. On the other hand, professions such as professors, engineers and performers have lower than average premiums for LSS coverage.
• Location can influence price – Being located in less populated areas of the country may provide you with better prices when shopping for auto insurance. Lower population translates into fewer accident claims in addition to lower liability claims Drivers who live in large cities regularly have more aggressive driving styles and more severe claims. Spending more time driving translates into higher accident risk.
• Teenage vs. older drivers – Youthful drivers have been known to be inattentive and easily distracted with other occupants in the car so insurance rates are higher. Adding a beginning driver to your policy can be quite pricey. Older drivers are viewed as being more responsible, tend to cause fewer accidents .
• Multi-policy discounts can save money – Most insurance companies afford a discount to insureds that purchase more than one policy. It’s known as a multi-policy discount. Even if you already get this discount, it’s still a good idea to check prices from other companies to make sure you are getting the best deal.
• Good credit scores equal low costs – An insured’s credit score factor in determining what you pay. Consumers who have good credit tend to be better drivers and file fewer claims than drivers who have poor credit. Therefore, if your credit could use some work, you could pay less to insure your 1998 Oldsmobile LSS by improving your rating.
• Responsible drivers pay less – Being a careful driver influences premium rates substantially. Getting just one chargable violation can increase rates twenty percent or more. Careful drivers get better prices compared to drivers with tickets. Drivers who get careless violations like DUI or willful reckless driving may need to prove financial responsibility with the DMV in their state in order to legally drive a vehicle.
• More mileage equals more premium – The higher the miles on your Oldsmobile in a year’s time the more you will pay for insurance. A lot of insurance companies calculate rates based on their usage. Autos used primarily for pleasure use get more affordable rates than vehicles that are driven to work every day. It’s a smart idea to ensure your insurance coverage states the proper vehicle usage, because improper ratings can cost you money. An improperly rated LSS may be wasting your money.
• Is auto insurance cheaper for women or men? – Statistics show women tend to be less risk to insure than men. This data doesn’t prove that females are better drivers. Men and women cause auto accidents at about the same rate, but the male of the species cause more damage. They also receive more major tickets such as reckless driving. Teenage male drivers generally have the highest accident percentage so they pay the highest premiums.

Insurance coverage basics

Knowing the specifics of a insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. These are the usual coverages offered by insurance companies.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and damage to your Oldsmobile LSS.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive coverage (or Other than Collision) – This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as hitting a deer, rock chips in glass, fire damage, vandalism and damage from getting keyed. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverages – Collision coverage covers damage to your LSS resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as rolling your car, sideswiping another vehicle, crashing into a ditch, scraping a guard rail and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Liability car insurance – Liability coverage can cover injuries or damage you cause to other people or property by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims such as structural damage, court costs, repair costs for stationary objects, emergency aid and loss of income. How much coverage you buy is up to you, but consider buying as much as you can afford.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for things like X-ray expenses, funeral costs, EMT expenses, chiropractic care and prosthetic devices. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

One last thing about your coverage

We just presented some good ideas how to save on 1998 Oldsmobile LSS insurance. The most important thing to understand is the more companies you get rates for, the better chance you’ll have of finding inexpensive car insurance. Consumers may even find the lowest priced insurance comes from the least-expected company. They may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

When getting car insurance quotes online, don’t be tempted to skimp on critical coverages to save a buck or two. Too many times, an accident victim reduced full coverage and discovered at claim time that the few dollars in savings costed them thousands. Your focus should be to buy enough coverage at the best cost but still have enough coverage for asset protection.

Additional articles

• Reducing Your Risks in a Car Crash Video (iihs.org)
• Auto Insurance for Teen Drivers (Insurance Information Insitute)
• Property Damage Coverage (Liberty Mutual)
• Tools for Teen Driving Safety (State Farm)