Cheap 2002 Oldsmobile Silhouette Insurance Rates

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.

Get affordable rates by applying discounts

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.

  • Good Students Pay Less – A discount for being a good student can save 20 to 25%. You can use this discount normally up to age 25.
  • Discounts for Seat Belt Usage – Buckling up and requiring all passengers to buckle up can save 10% or more off the PIP or medical payment premium.
  • Active Service Discounts – Being on active deployment in the military could qualify you for better auto insurance rates.
  • Own a Home and Save – Being a homeowner may earn you a small savings because of the fact that having a home is proof of financial responsibility.
  • Low Miles Discount – Low annual miles can qualify you for better premium rates on cars that stay parked.
  • Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to sucessfully take a drivers education course in school.
  • Discount for Life Insurance – Not all insurance carriers offer life insurance, but some may give you a discount if you purchase a life insurance policy as well.
  • 55 and Retired – If you qualify as a senior citizen, you may be able to get a small decrease in premiums for Silhouette insurance.
  • Full Payment Discount – By making one initial payment rather than paying monthly you may have a lower total premium amount.
  • Professional Memberships – Affiliation with a qualifying organization could earn you a nice discount when getting a insurance coverage quote.

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.

Learn how to lower your insurance rates

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.

  • Premiums are high for teenagers – Drivers with little experience are statistically shown to be more careless when driving therefore car insurance rates are much higher. Adding a first-time driver onto your car insurance will cause a huge premium hike. More mature drivers are more responsible, file fewer claims , and are generally more financially stable.
  • Keep policy claims to a minimum – Insurance companies provide cheaper rates to drivers who do not rely on their insurance for small claims. If you frequently file small claims, you can definitely plan on either a policy non-renewal or much higher rates. Auto insurance is intended for major claims that would cause financial hardship.
  • Get better costs after the wedding – Having a wife or husband can actually save you money on your policy. Having a significant other may mean you are more mature and it’s proven that drivers who are married file infrequent claims.
  • Keep the miles off and save – Driving a lot of miles in a year the more you will pay for car insurance. Most companies charge to insure your cars based on how the vehicle is used. Cars and trucks that are left in the garage qualify for better rates compared to those used for work or business. It’s a smart idea to ensure your declarations sheet properly reflects the proper vehicle usage. A policy that improperly rates your Silhouette can result in significantly higher rates.
  • Bundle and save – Many insurers allow a discount to insureds who buy several policies from them, otherwise known as a multi-policy discount. Even though this discount sounds good, drivers will still want to compare other insurance prices to guarantee you are still saving the most. You may still find better rates by buying from different companies
  • Continuous coverage lowers prices – Driving with no insurance is against the law and car insurance companies will penalize you for letting your insurance lapse. In addition to paying higher rates, not being able to provide proof of insurance could result in a hefty fine and possibly a revoked license.
  • Reduce car insurance rates by driving safer cars – Vehicles with good safety scores get lower rates. These vehicles reduce occupant injuries and lower rates of occupant injuries means lower claim amounts passed on to you as lower rates. If your Oldsmobile has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Extra coverages you don’t use – Insurance policies have a lot of extra add-on coverages that you can get tricked into buying if you aren’t diligent. Things like rental car coverage, towing coverage, and term life insurance are probably not needed. You may think they are a good idea when you first buy your policy, but now you might not need them so remove them from your policy.

Your insurance coverage coverage should be tailored to you

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.

  • Do all my vehicles need collision coverage?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I have coverage when making deliveries for my home business?
  • Am I covered when driving on a suspended license?
  • Where can I find DUI or SR-22 insurance?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • When should I buy a commercial auto policy?

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.

Auto insurance in the media

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.

Auto insurance coverage information

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.

A penny earned…

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.

To learn more, feel free to visit the resources below:

Comments About 2002 Oldsmobile Silhouette Insurance

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. Jessie Cote

    Anyone find cheap rates around Gulfport, MS?

  6. 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.

  7. Reid Collier

    Anyone like their agent?

  8. 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.

  9. 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.