2002 Oldsmobile Alero Insurance Quotes – 5 Ways to Save

A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. Most cut individual premiums such as comprehensive or collision. So even though you would think all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

For a list of insurance companies who offer free insurance coverage quotes, click this link.

There’s no such thing as the perfect car insurance policy

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different.

For example, these questions can aid in determining if your situation could use an agent’s help.

• Does my policy cover my teen driver if they drive my company car?
• Do I need an umbrella policy?
• Is my Oldsmobile Alero covered if I use it for business?
• Is upholstery damage covered by car insurance?
• What is UM/UIM insurance?
• Should I drop comprehensive coverage on older vehicles?
• How can I get my company to pay me more for my totalled car?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form.

Coverages available on your policy

Understanding the coverages of a insurance policy can be of help when determining appropriate coverage for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Liability auto insurance – This can cover damage or injury you incur to people or other property 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 values of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability insurance covers claims like legal defense fees, bail bonds and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your 2002 Oldsmobile Alero.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Insurance for medical payments – Coverage for medical payments and/or PIP provide coverage for bills for rehabilitation expenses, ambulance fees and dental work. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, falling objects and rock chips in glass. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage – Collision insurance will pay to fix damage to your Alero from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as backing into a parked car, rolling your car and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.

Stretch your dollar

You just learned a lot of information how to save on 2002 Oldsmobile Alero insurance. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding inexpensive auto insurance. You may be surprised to find that the lowest priced auto insurance comes from a small local company.

Drivers leave their current company for many reasons like policy cancellation, poor customer service, questionable increases in premium and even being labeled a high risk driver. Regardless of your reason, finding a new auto insurance company is pretty easy and you might even save some money in the process.

When buying insurance coverage, it’s very important that you do not buy poor coverage just to save money. In too many instances, an insured cut liability coverage limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to find the BEST coverage at the best cost but still have enough coverage for asset protection.

More information is available on the following sites:

• A Tree Fell on Your Car: Now What? (Allstate)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Teen Driving and Texting (State Farm)
• Teen Driving Statistics (iihs.org)
• Tread Depth and Tire Safety (State Farm)