Cheaper 2003 Saab 9-5 Insurance Rates

Trying to find better insurance rates for your Saab 9-5? Being forced to pay for pricey insurance premiums can eat up your savings account and maybe even restrict other spending.

Many insurance companies compete for your business, so it’s not easy to compare every insurer and get the definite lowest rate possible.

Consumers should take time to shop coverage around yearly because prices are usually higher with each renewal. Even if you got the best rates on 9-5 coverage last year you can probably find a lower rate today. Don’t believe everything you read about insurance on the internet, but in just a couple of minutes you can learn a lot of great tips on how to lower your insurance rates.

If you are paying for car insurance now, you will be able to reduce your rates substantially using this strategy. Finding the best rates is quite easy. But consumers can benefit from knowing how companies market insurance on the web and use this information to your advantage.

Reduce your insurance coverage rates with discounts

Some providers don’t necessarily list every disount available in a way that’s easy to find, so the list below details a few of the more well known as well as some of the hidden credits that you can use to lower your rates. If you don’t get every credit possible, you could be paying more than you need to.

• Seat Belts Save more than Lives – Drivers who require all vehicle occupants to wear their seat belts could cut 10% or more off PIP or medical payments premium.
• No Accidents – Drivers who stay claim-free get the best insurance coverage rates in comparison to accident-prone drivers.
• Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts may qualify for discounts of 20% or more.
• Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you may have a lower total premium amount.
• Discount for Good Grades – Being a good student can save 20 to 25%. Many companies even apply the discount to college students up to age 25.
• Responsible Driver Discounts – Safe drivers may save up to 50% more on 9-5 coverage than drivers with accidents.
• Home Ownership Discount – Simply owning a home may earn you a small savings because maintaining a house is proof that your finances are in order.
• Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
• Driver Safety – Successfully completing a defensive driver course could cut 5% off your bill depending on where you live.
• Driver Education Discount – Cut your cost by having your teen driver sucessfully take a drivers education course in high school.

It’s important to note that many deductions do not apply to the entire cost. Most cut individual premiums such as comp or med pay. So even though it sounds like you can get free auto insurance, it’s just not the way it works.

Some of the insurance companies that may include some of the above discounts possibly include:

• AAA
• Progressive
• State Farm
• Esurance
• Nationwide

If you want affordable auto insurance quotes, ask every insurance company which discounts you may be entitled to. Some of the discounts discussed earlier may not apply to policyholders in your area. If you would like to choose from a list of insurance coverage companies with discount rates, follow this link.

Affordable insurance coverage price quotes online

To find cheap prices, there are a couple of ways to compare quotes from all the different companies. The quickest method to find the lowest 2003 Saab 9-5 rates consists of shopping online. This can be done by using one of the methods below.

1. The fastest and easiest way to get quotes is to use a rate comparison form click here to open form in new window. This quick form keeps you from doing separate quote forms to each individual insurance coverage company. A single, simple form gets coverage cost estimates instantly.
2. Another way to compare rate quotes is going to each company website to complete their respective quote request forms. For sake of this example, let’s assume you need rates from Auto-Owners, Esurance and Progressive. You would have to go to every website and repeatedly enter your information, which is why first method is reommended.

   For a list of links to companies insuring cars in your area, click here.

You can choose any of those ways to find more affodable coverage, but do your best to use nearly identical coverages and limits for every company. If your comparisons have differing limits it will be impossible to make an equal comparison. Quoting even small variations in insurance coverages or limits could mean much higher rates. It’s important to know that having more price comparisons increases the change that you will find a lower rate than you’re paying now. Not every company provides quotes online, so you need to compare rates on coverage from those companies, too.

You can change your insurance prices

Many things are taken into consideration when pricing auto insurance. Some of the criteria are obvious like a motor vehicle report, but others are not as apparent like where you live and annual miles driven.

• Save money by having responsible credit – Your credit history factor in calculating your premium rate. People with very good credit scores tend to be more responsible as compared to drivers with poor credit. Therefore, if your credit history can use some improvement, you could pay less to insure your 2003 Saab 9-5 if you improve your credit rating.
• Limits of liability insurance – The liability section of your policy will afford coverage if ever you are found liable for causing damage or personal injury in an accident. Your liability coverage provides you with a defense in court to defend your case. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.
• File a policy claims and pay more – Auto insurance companies give better rates to policyholders who do not file claims often. If you file claims often, you can pretty much guarantee either higher rates or even cancellation. Insurance coverage is meant to be used in the event of the large, substantial claims.
• Bundle home and auto and save – Most insurers provide discounts to clients who buy several policies from them such as combining an auto and homeowners policy. The discount can add up to anywhere from five to ten percent in most cases. If you currently are using one company, you may still want to get quotes from other companies to ensure the best deal.There is a chance you can save more without the discount by buying car insurance from a different company.
• Pay lower prices if you’re married – Having a spouse may cut your premiums on your policy. It translates into being more mature and responsible and insurance companies like that married couples file fewer claims.
• Don’t cancel your car insurance policy without a new one in place – Going without insurance will be a fast way to increase your renewal premiums. Not only will rates go up, failure to provide proof of insurance could result in a revoked license or a big fine. You will then be forced to file a SR-22 with your state DMV.
• Teenagers are high risk – Young drivers have a tendency to be inattentive behind the wheel so they pay higher car insurance rates. If you’ve ever had to add a inexperienced driver onto your car insurance can be quite pricey. Older people are proven to be safer behind the wheel, are lower risk to insure , and usually have better credit.
• Urban residents pay more – Choosing to live in less populated areas is a positive aspect when buying car insurance. Fewer drivers and short commutes means a lower chance of having an accident and a lower car theft rate. Urban drivers regularly have more auto accidents and more severe claims. Longer commute distances means a statistically higher chance of an accident.

You are unique and your insurance coverage should be too

When it comes to choosing coverage for your vehicles, there is no perfect coverage plan. Each situation is unique so your insurance should reflect that These are some specific questions can aid in determining if your situation might need professional guidance.

• Am I covered if my car is in a flood?
• If my pet gets injured in an accident are they covered?
• Am I covered when delivering products for my home-based business?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• How do I buy GAP insurance?
• Will I be non-renewed for getting a DUI or other conviction?
• Should I buy only the required minimum liability coverage?
• Why am I required to buy high-risk coverage?
• Do I need higher collision deductibles?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Don’t be fooled by advertising claims

Popular insurance providers such as Progressive, Allstate and Geico constantly bombard you with ads on television and other media. All the ads make the same claim of big savings if you change your insurance policy to them. How can each company make the same claim? It’s all in the words they use.

Different companies have an ideal profile for the type of driver that will not have excessive claims. An example of a profitable insured may be over the age of 40, carries full coverage, and does not commute to work. A driver that fits those parameters will get the preferred prices as well as save a lot of money.

Potential insureds who don’t qualify for these stringent criteria must pay more expensive rates which results in the customer buying from someone else. The trick companies use is to say “drivers that switch” not “all people who quote” can save as much as they claim. That is how companies can make claims that they all have the best prices. Each company has different criteria, so you absolutely need to do a price quote comparison at every renewal. You cannot predict which insurance company will give you lower premium rates than your current company.

Insurance coverages 101

Understanding the coverages of your policy helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be confusing and coverage can change by endorsement. Shown next are the normal coverages available from insurance companies.

Collision protection

This pays to fix your vehicle from damage from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with another moving vehicle, sustaining damage from a pot hole and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Comprehensive coverages

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, rock chips in glass, hitting a bird and damage from flooding. The highest amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto liability

Liability coverage will cover damage that occurs to a person or their property in an accident. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for things such as medical services, repair costs for stationary objects, bail bonds, loss of income and emergency aid. How much coverage you buy is your choice, but you should buy as high a limit as you can afford.

Uninsured and underinsured coverage

This coverage provides protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family and damage to your 2003 Saab 9-5.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for rehabilitation expenses, dental work and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Stretch your dollar

We just showed you many ideas to shop for 2003 Saab 9-5 insurance online. The most important thing to understand is the more you quote auto insurance, the better likelihood of getting low cost auto insurance. You may even discover the lowest rates come from a lesser-known regional company. They can often insure niche markets at a lower cost than the large multi-state companies such as Allstate and Progressive.

As you quote auto insurance, don’t be tempted to sacrifice coverage to reduce premiums. There are a lot of situations where someone dropped physical damage coverage to discover at claim time they didn’t have enough coverage. The goal is to purchase plenty of coverage at the best possible price.

Much more information about insurance can be read at the links below

• Vehicle Insurance (Wikipedia)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Auto Insurance FAQ (Farmers Insurance)
• Anti-Lock Brake FAQ (iihs.org)
• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)