Cheaper 2001 Saab 9-5 Insurance Quotes

Want better auto insurance rates for your Saab 9-5? Overpriced Saab 9-5 insurance can bottom out your monthly budget, especially in this economy. Performing a price comparison can be a smart way to slash your bill and have more diposable income.

Consumers have multiple auto insurance companies to buy insurance from, and even though it’s nice to have a choice, having more car insurance companies makes it harder to compare rates and find the lowest cost auto insurance.

More affordable rates by taking advantage of discounts

Some companies don’t always list all their discounts very well, so the list below contains a few of the more common in addition to some of the lesser obvious credits available to you.

• New Car Discount – Buying a new car instead of a used car can cost up to 25% less compared to insuring an older model.
• Multi-car Discount – Insuring multiple vehicles with the same company can get a discount on all vehicles.
• Discount for Passive Restraints – Options like air bags or motorized seat belts can receive discounts up to 30%.
• Drivers Ed for Students – It’s a good idea to have your young drivers complete a driver education course in high school.
• Responsible Driver Discount – Drivers without accidents can save as much as half off their rates for 9-5 coverage than drivers with accident claims.
• Policy Bundle Discount – When you combine your homeowners and auto insurance with the same insurance company you could save as much as 10 to 15 percent.

It’s important to understand that most of the big mark downs will not be given to the entire cost. Some only apply to individual premiums such as liability, collision or medical payments. Just because it seems like you can get free auto insurance, you won’t be that lucky.

To view insurance companies who offer discounts, click here.

What determines Saab 9-5 insurance prices?

Lots of things are part of the calculation when you get your auto insurance bill. Some of the criteria are obvious such as traffic violations, but some are more obscure such as your credit history or your financial responsibility.Consumers need to have an understanding of the rating factors that are used to determine your insurance rates. If you have a feel for what controls the rates you pay, this allows you to make educated decisions that can earn you big savings.

Listed below are a few of the things utilized by car insurance companies to help set premiums.

• Reserve insurance claims for larger damages – If you frequently file small claims, you can look forward to much higher rates or policy non-renewal. Companies award better rates to insureds who file claims infrequently. Your car insurance is intended to be relied upon for larger claims.
• No insurance policy gaps is important – Allowing your coverage to lapse can be a quick way to drive up your policy premiums. Not only will you pay more, the inability to provide proof of insurance may earn you fines and jail time.
• Liability coverage – Your policy’s liability coverage kicks in if you are found to be at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense which can be incredibly expensive. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
• Cheaper to insure females? – Over the last 50 years, statistics have shown that women are safer drivers than men. That doesn’t necessarily mean that women are BETTER drivers than men. They both get in accidents in similar numbers, but guys have accidents that have higher claims. In addition to higher claims, males also get more serious tickets like DUI and reckless driving.
• Rates increase with policy add-ons – There are many additional extra coverages that can waste your money on your 9-5 policy. Add-on coverages like roadside assistance, towing, and term life insurance are examples of these. These may sound like a good investment when deciding what coverages you need, but if you have no use for them eliminate the coverages to reduce your premium.
• Get married and get better rates – Your spouse helps lower the price when buying insurance. Having a spouse may mean you are more financially stable and it’s proven that married drivers tend to have fewer serious accidents.
• Cautious drivers pay less – Careful drivers get better prices than people who have multiple driving citations. Only having one speeding ticket can increase the cost of insurance by twenty percent. People who have license-revoking citations such as DUI or reckless driving may face state-mandated requirements to submit a SR-22 form with their state in order to legally drive a vehicle.

How much auto insurance do I need?

When choosing the best auto insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. These are some specific questions might point out if your insurance needs might need professional guidance.

• When should my teen driver be added to my policy?
• What is high-risk coverage and where do I buy it?
• Will I lose any money if I cancel my policy before it expires?
• What is the difference between comprehensive and collision coverage?
• Can my babysitter drive my car?
• Where can I find high-risk insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Well known brands might not be cheapest

Consumers can’t get away from all the ads for cheaper insurance coverage from the likes of State Farm, Geico and Progressive. They all make the point that you can save if you switch to them.

How is it plausible that every one can say the same thing? It’s all in the words they use.

Most companies give the best rates for the type of customer that will most likely be profitable. For example, this type of insured may be over age 30, owns their home, and drives a lower-performance vehicle. Any customer who fits that profile gets the lowest prices and will most likely save when switching.

Potential customers who cannot meet these criteria will have to pay higher premium rates and ends up with the customer buying from someone else. If you pay close attention to the ads, they say “people who switch” not “everyone who quotes” can save as much as they claim. This is how insurance companies can make claims that they all have the best premium rates. Different companies use different criteria so you need to get insurance coverage quotes as often as possible. It’s not possible to predict which insurance coverage company will have the lowest car insurance rates for your situation.

Coverages available on your policy

Knowing the specifics of your auto insurance policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages available from auto insurance companies.

Collision – This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with a tree, scraping a guard rail, sustaining damage from a pot hole, damaging your car on a curb and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Liability insurance – Liability coverage protects you from damage or injury you incur to people or other property by causing an accident. It protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability can pay for claims like emergency aid, pain and suffering, repair bills for other people’s vehicles, medical expenses and bail bonds. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

Comprehensive (Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like hitting a bird, vandalism, a broken windshield, hitting a deer and damage from getting keyed. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for dental work, prosthetic devices, funeral costs and nursing services. They are often used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers – This provides protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Saab 9-5.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Make a quick buck

As you prepare to switch companies, don’t be tempted to reduce needed coverages to save money. There have been many situations where consumers will sacrifice full coverage only to find out that the small savings ended up costing them much more. The goal is to buy the best coverage you can find at the lowest possible cost while still protecting your assets.

Throughout this article, we presented many ways to shop for 2001 Saab 9-5 insurance online. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the best premium rates are with a smaller regional carrier. Smaller companies can often insure niche markets at a lower cost compared to the large companies like Allstate, Geico and Progressive.

More resources

• Neck Injury FAQ (iihs.org)
• What if I Can’t Find Coverage? (Insurance Information Insitute)
• Top Signs Your Brakes are Giving Out (State Farm)
• Understanding Rental Car Insurance (Insurance Information Insitute)
• Comprehensive Coverage (Liberty Mutual)