2002 Oldsmobile Aurora Insurance Cost – 8 Ways to Save

Being forced to pay for expensive car insurance premiums can bleed your monthly budget and put the squeeze on your family’s finances. Price shopping at each renewal is a great way to lower your monthly bill.

Consumers have so many auto insurance companies to insure vehicles with, and although it’s nice to be able to choose, it can be more challenging to get the best deal.

You should make it a habit to compare prices quite often due to the fact that insurance rates tend to go up over time. Despite the fact that you may have had the lowest rate for Aurora insurance on your last policy there is a good chance you can find better prices now. Ignore everything you know about car insurance because you’re about to learn how to quote online to save money, get proper coverage and the best rates.

The cheapest insurance coverage quotes

Cutting your insurance coverage rates is a fairly straight forward process. The only requirement is to invest a few minutes to compare free auto insurance quotes to find the company with low cost auto insurance quotes. Insurance prices can be quoted in a couple of different ways.

One of the simplest ways to get quotes for comparison is a comparison rater form like this one (opens in new window). This method eliminates the need for repetitive form entry for each company you want a rate for. In just a few minutes this one form gets coverage cost estimates from several companies.

A less efficient way to find more affordable insurance is to manually visit each company website and repeat the quote process again and again. For instance, let’s assume you want to compare Nationwide, Geico and Farmers. To get each rate you have to navigate to each company’s site and repeatedly enter your information, which can take a lot of time. For a list of links to insurance companies in your area, click here.

However you get your quotes, ensure you’re using apples-to-apples deductibles and coverage limits for each comparison quote. If each company quotes differing limits you will not be able to determine the lowest rate for your Oldsmobile Aurora.

It’s not one size fits all

When it comes to choosing the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help highlight if you could use an agent’s help.

• How high should my uninsured/underinsured coverage be in my state?
• Should I buy full coverage?
• Do I need PIP coverage since I have good health insurance?
• How does medical payments coverage work?
• Do I pay less if my vehicle is kept in my garage?
• What if I owe more than I can insure my car for?
• Will my rates increase for filing one claim?
• Am I covered when pulling a rental trailer?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Auto insurance policy coverages for a 2002 Oldsmobile Aurora

Understanding the coverages of auto insurance aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy. Shown next are typical coverage types found on the average auto insurance policy.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage reimburse you for short-term medical expenses like EMT expenses, doctor visits, chiropractic care and pain medications. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance – Comprehensive insurance covers 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 coverage pays for things such as hitting a deer, a broken windshield, a tree branch falling on your vehicle, damage from getting keyed and rock chips in glass. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage – This covers damage to your Aurora from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things like crashing into a building, driving through your garage door, colliding with a tree, backing into a parked car and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

Coverage for liability – Liability insurance will cover damage that occurs to a person or their property that is your fault. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as bail bonds, repair bills for other people’s vehicles, medical services, funeral expenses and medical expenses. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Oldsmobile Aurora.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Normally these coverages are similar to your liability insurance amounts.