Buyers have options when searching for affordable Oldsmobile Silhouette insurance. You can either spend your time driving around trying to get quotes or leverage the internet to compare rates. There is a better way to compare car insurance rates so we’re going to tell you the absolute fastest way to get price quotes on a Oldsmobile and get the lowest possible price from local insurance agents and online providers.
Companies don’t always advertise every available discount in a way that’s easy to find, so we researched both well-publicized as well as some of the hidden credits that may apply to you. If you are not receiving all the discounts you qualify for, you’re paying more than you need to.
As a footnote on discounts, most discount credits are not given to the overall cost of the policy. Some only apply to individual premiums such as medical payments or collision. Despite the appearance that you would end up receiving a 100% discount, you aren’t that lucky.
To see a list of providers who offer cheap auto insurance quotes, click here.
One of the most helpful ways to save on car insurance is to to have a grasp of the factors that aid in calculating your premiums. When you understand what positively or negatively impacts your premiums, this enables informed choices that could help you find big savings.
Listed below are some of the most common factors car insurance companies consider when setting your rate level.
When it comes to buying coverage for your personal vehicles, there really is no cookie cutter policy. Each situation is unique.
For example, these questions might help in determining whether or not you might need professional guidance.
If you can’t answer these 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, complete this form. It’s fast, free and may give you better protection.
Consumers can’t avoid all the ads for cheaper auto insurance from companies such as Allstate and Progressive. All the companies make an identical promise about how much you will save if you get a free insurance coverage quote and switch your policy.
How can each company claim to save you money? Just pay attention to how they say it.
All the different companies look for specific characteristics for the type of customer that will generate a profit. One example of a driver they prefer may need to be between the ages of 30 and 45, has no prior claims, and does not commute to work. A driver that meets those criteria will probably get cheap prices as well as save when switching.
People who do not fit this stringent profile will probably be forced to pay higher prices and this results in the customer buying from a different company. If you pay close attention to the ads, they say “drivers that switch” but not “everyone who gets a quote” save that much. That’s why companies can truthfully lure you into getting a quote. Because every company is different, you need to get insurance coverage quotes as often as possible. It is impossible to predict which company will give you lower car insurance rates than your current company.
Understanding the coverages of your policy can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.
Medical payments coverage and PIP
Med pay and PIP coverage reimburse you for bills such as funeral costs, pain medications and EMT expenses. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay
Comprehensive coverage
This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as hail damage, vandalism and theft. The maximum amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Uninsured/Underinsured Motorist coverage
Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2002 Oldsmobile Silhouette.
Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.
Auto liability insurance
This can cover damage or injury you incur to other’s property or people in an accident. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.
Liability coverage protects against claims such as repair bills for other people’s vehicles, funeral expenses, structural damage and court costs. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.
Collision protection
Collision insurance pays to fix your vehicle from damage from colliding with another car or object. A deductible applies then your collision coverage will kick in.
Collision coverage pays for claims such as sideswiping another vehicle, backing into a parked car, hitting a mailbox, sustaining damage from a pot hole and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to choose a higher deductible to save money on collision insurance.
As you restructure your insurance plan, make sure you don’t reduce coverage to reduce premium. Too many times, an insured cut uninsured motorist or liability limits only to regret at claim time that it was a big mistake. Your objective should be to buy enough coverage at the best possible price, but don’t skip important coverages to save money.
Insureds change insurance companies for many reasons like extreme rates for teen drivers, lack of trust in their agent, denial of a claim and even delays in paying claims. Whatever your reason, finding a great new company is not as difficult as it may seem.
Affordable 2002 Oldsmobile Silhouette insurance can be found on the web in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. Some insurance providers may not provide the ability to get quotes online and these smaller providers sell through local independent agents.
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Jonell Henderson
Liked the article. I’m just west of Phoenix, AZ. I quoted with AIG Insurance, Esurance, and Nationwide for my 2002 Oldsmobile Silhouette and I think I am saving around $20 each month. I’m a pretty low risk driver. I don’t have comp or collision coverage.
Jonelle Cooper
From Rapid City, SD. I quoted with Allstate, AAA, and Esurance for my 2002 Oldsmobile Silhouette and I’m now saving $13 a month.
Gertrude Norton
I live north of Spokane, WA. I quoted with Progressive, Encompass, and Hanover for my Oldsmobile and cut my rates about $80 a year. Insured with GMAC before. Liability only on my Silhouette.
Fairy Salazar
I’m from Cedar Rapids, IA. Quoted with Western Auto Insurance, Amica, Liberty Mutual, and Nationwide for my Silhouette and I’m now saving $19 a month. I have a couple other vehicles on the policy. Just liability coverage since it’s getting old.
Jessie Cote
Anyone find cheap rates around Gulfport, MS?
Lavenia Adams
Live in the eastern part of New Orleans, LA. Got quotes from Progressive, Encompass, and Hartford for my Oldsmobile and cut my rates about $70 a year. I have a couple other vehicles on the policy. I just carry liability insurance.
Reid Collier
Anyone like their agent?
Lorrie Spencer
I found pretty cheap rate quotes for a 2002 Oldsmobile Silhouette in Grand Forks, ND. Ended up at roughly $120 every six months with American Family. They were helpful in switching over. Only insure liability on my Oldsmobile.
Somer Delacruz
I’m just north of Philadelphia, Pennsylvania. I compared lots of rates. Saved darn near $20 a month. State Farm was the most affordable for me. It never hurts to quote around.