Compare 2000 Pontiac Grand Am Insurance Cost

Looking for lower auto insurance rates for your Pontiac Grand Am? Feel like you have an expensive auto insurance policy? Trust us when we tell you you are not the only one feeling buyer’s remorse.

Multiple car insurance companies compete to insure your vehicles, so it can be very hard to choose a provider to find the lowest rate

Learn how to lower your insurance rates

Many things are taken into consideration when pricing auto insurance. Most are fairly basic such as your driving history, although some other factors are less obvious like where you live or how safe your car is.An important part of buying insurance is that you know some of the things that are used to determine the price you pay for car insurance. If you know what determines base rates, this helps enable you to make changes that will entitle you to cheaper rates.

Listed below are some of the most rate-impacting factors used by your company to calculate your rates.

• Battle of the sexes – Over the last 30 years, statistics show that females take fewer risks when driving. However, don’t assume that women are better drivers. Females and males have at-fault accidents at about the same rate, but the men cause more damage and cost insurance companies more money. In addition to higher claims, males also receive more costly citations like reckless driving and DUI.
• Discounts for married drivers – Being married may earn you lower rates on car insurance. It is viewed as being more financially stable and it’s statistically proven that married drivers tend to file fewer claims.
• Pay more if you have a long commute – Choosing to live in a rural area can save you money when insuring your vehicles. Residents of big cities have more auto accidents and a longer drive to work. Fewer drivers on the road translates into fewer accident claims in addition to fewer liability claims.
• Pay more out-of-pocket – Physical damage deductibles define how much you are required to pay in the event of a claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Examples of covered claims could be collision with another vehicle, damage from fire, and damage caused by road hazards. The more expense you are required to pay out-of-pocket, the lower your rates will be on Grand Am insurance.
• Avoid car insurance lapses – Having an insurance coverage lapse is a fast way to increase your renewal premiums. In addition to paying higher premiums, the inability to provide proof of insurance may earn you fines or a revoked license. You may then have to provide proof of insurance in the form of an SR-22 filing with your state DMV.
• Amount of liability – A critical coverage on your policy, liability insurance provides coverage when you are determined to be liable for physical damage or personal injury to other. It will provide legal defense coverage to defend your case. Liability insurance is pretty cheap when compared with rates for comp and collision, so insureds should have plenty of protection for their assets.
• Experienced drivers are lower risk – Young drivers have a tendency to get distracted easily with other occupants in the car so car insurance rates are higher. Older, more experienced drivers have been proven to be more responsible, file fewer claims and are safer drivers.
• How do annual miles impact premiums? – The higher the mileage driven in a year the higher your rates will be. Almost all companies charge rates based upon how much you drive. Autos that are left in the garage receive better premium rates than vehicles that are driven to work every day. Ask your agent if your car insurance declarations sheet states the correct usage, because it can save money. An improperly rated Grand Am is just wasting money.

Discounts for affordable insurance rates

Companies offering auto insurance don’t list every available discount in an easy-to-find place, so the list below gives a summary of some of the more common and also the lesser-known discounts that you may qualify for.

• Waiver for an Accident – Not a discount per se, but a handful of insurance companies allow you one accident before they charge you more for coverage if your claims history is clear for a particular time prior to the accident.
• Clubs and Organizations – Being a member of qualifying employment or professional organizations is a simple method to lower premiums on your next insurance statement.
• Discount for Good Grades – Excelling in school can get you a discount of up to 25%. This discount can apply up to age 25.
• Anti-lock Brake Discount – Vehicles with ABS and/or traction control prevent accidents so companies give up to a 10% discount.
• New Vehicle Savings – Buying a new car instead of a used car can be considerably cheaper because newer models are generally safer.

Don’t be surprised that some credits don’t apply to your bottom line cost. The majority will only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears adding up those discounts means a free policy, you’re out of luck. Any amount of discount will cut the amount you have to pay.

The best insurance companies and some of the discounts can be found below.

• Progressive offers discounts for multi-vehicle, good student, homeowner, continuous coverage, multi-policy, online signing, and online quote discount.
• AAA has savings for good driver, multi-car, good student, multi-policy, education and occupation, anti-theft, and AAA membership discount.
• Farmers Insurance policyholders can earn discounts including teen driver, mature driver, business and professional, good student, alternative fuel, youthful driver, and switch companies.
• Geico has discounts for five-year accident-free, membership and employees, multi-vehicle, air bags, and federal employee.
• Esurance may include discounts for good student, safety device, multi-policy, Switch & Save, and anti-lock brakes.
• SAFECO offers discounts including anti-lock brakes, anti-theft, teen safety rewards, drive less, homeowner, and accident prevention training.
• State Farm includes discounts for multiple policy, defensive driving training, accident-free, anti-theft, passive restraint, and multiple autos.

It’s a good idea to ask each company how you can save money. Some of the earlier mentioned discounts might not be offered in your area. If you would like to see a list of companies that can offer you the previously mentioned discounts, follow this link.

Tailor your car insurance coverage to you

When it comes to buying the best car insurance coverage, there is no single plan that fits everyone. Everyone’s situation is a little different so your insurance needs to address that. For instance, these questions may help highlight whether you would benefit from an agent’s advice.

• How high should my uninsured/underinsured coverage be in my state?
• What happens if I owe more than my 2000 Pontiac Grand Am is worth?
• Can my babysitter drive my car?
• Does medical payments coverage apply to all occupants?
• How do I buy GAP insurance?
• When would I need additional glass coverage?
• Will my vehicle be repaired with OEM or aftermarket parts?
• Am I covered when renting a car or should I buy coverage from the car rental agency?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Car insurance coverages 101

Learning about specific coverages of a car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are the usual coverages found on the average car insurance policy.

Medical expense coverage

Medical payments and Personal Injury Protection insurance reimburse you for bills like pain medications, EMT expenses, rehabilitation expenses, nursing services and dental work. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Auto collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as backing into a parked car, sideswiping another vehicle, damaging your car on a curb and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also raise the deductible to bring the cost down.

Comprehensive protection

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like damage from getting keyed, theft, rock chips in glass and a broken windshield. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Auto liability

This provides protection from damage or injury you incur to people or other property that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things like attorney fees, medical expenses, structural damage, pain and suffering and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but consider buying as high a limit as you can afford.

Don’t break the bank

Some insurance providers do not offer the ability to get quotes online and most of the time these regional insurance providers only sell through local independent agents. Cheaper 2000 Pontiac Grand Am insurance is attainable on the web and with local insurance agents, and you should compare rates from both to have the best selection.

As you shop your coverage around, do not skimp on critical coverages to save a buck or two. There are too many instances where someone sacrificed liability limits or collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your goal should be to buy the best coverage you can find at an affordable rate and still be able to protect your assets.

To read more, take a look at the resources below:

• Eight Auto Insurance Myths (Insurance Information Insitute)
• Rental Reimbursement Coverage (Allstate)
• Child Safety Seats (Insurance Information Insitute)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Auto Theft Statistics (Insurance Information Insitute)
• Smart Auto Insurance Tips (Insurance Information Insitute)