Save on 2003 Saturn L-Series Insurance Quotes

Want better car insurance rates for your Saturn L-Series? Scraping up a payment for pricey Saturn L-Series insurance can consume your monthly budget, especially in this economy. Comparing rate quotes is a great way to tighten up your finances.

Companies like Geico, Progressive and Allstate all promote huge savings with ad campaigns and it is challenging if not impossible to ignore the promise of big savings and effectively compare rates to find the best deal.

Cheapest insurance coverage quotes

Comparing insurance coverage rates can take hours if you don’t understand the most efficient way. You can spend countless hours driving to local insurance agents in your area, or you could save time and use the web to accomplish the same thing much quicker.

The majority of car insurance companies are enrolled in a marketplace where insurance shoppers submit one quote, and every company returns a competitive quote based on that information. This prevents consumers from doing repetitive form submissions to each individual insurance coverage company.

To participate in this free quote system, click here to start a free quote.

The one downside to pricing coverage this way is you cannot specify the providers you want pricing from. If you prefer to choose from a list of companies to receive pricing from, we have a listing of low cost insurance coverage companies in your area. Click here for list of insurance companies.

Take whichever approach you prefer, but make sure you compare equivalent information for each comparison quote. If each company quotes different liability limits you will not be able to decipher which rate is best. Just a small difference in limits may result in large price differences. And when comparison shopping, comparing more company’s prices increases the change that you will find more affordable rates.

Car insurance ads are enticing

Companies like Geico, State Farm and Progressive regularly use television and radio advertisements. They all seem to state the claim about how much you will save just by moving to them. How does every car insurance company save you money? Here is the trick they use.

All the different companies quote their best rates for the type of driver that will most likely be profitable. For example, this type of risk profile might be over the age of 40, has a clean driving record, and drives a car with an anti-theft system. Any new insured who matches that profile will get low prices and will also save if they switch.

Insureds who do not meet this ideal profile will see higher premium rates and this results in business going elsewhere. The ad wording is “customers who switch” not “everybody who quotes” save money. That’s the way insurance companies can make claims that they all have the best premium rates.

Because each company has a different risk profile, it is so important to get price quotes at each policy renewal. It’s just not possible to know the company that will give you lower auto insurance rates than your current company.

Discounts for cheap insurance rates

Some insurers don’t list the entire discount list in a way that’s easy to find, so the below list has both well-publicized and the harder-to-find insurance savings.

• Theft Prevention Discount – Vehicles optioned with advanced anti-theft systems can help prevent theft and earn discounts up to 10% off your car insurance quote.
• Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums for L-Series insurance.
• Accident Forgiveness – This one isn’t a discount, but a handful of insurance companies will turn a blind eye to one accident before your rates go up with the catch being you have to be claim-free prior to the accident.
• Data Collection Discounts – Insureds who allow driving data collection to spy on where and when they drive by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system might get better premium rates if they exhibit good driving behavior.
• Discount for Multiple Policies – If you can combine your home and auto policy with the same insurance company you could get a discount of up to 20% and get you affordable car insurance.

Discounts save money, but please remember that most discounts do not apply to the entire cost. Most only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like having all the discounts means you get insurance for free, you aren’t that lucky. But all discounts will reduce your policy cost.

Popular insurance companies and the discounts they provide can be read below.

• State Farm discounts include multiple policy, defensive driving training, anti-theft, accident-free, safe vehicle, good student, and multiple autos.
• Esurance may include discounts for DriveSense, Pac-12 alumni, online shopper, multi-car, emergency road assistance, claim free, and paid-in-full.
• Progressive includes discounts for online quote discount, online signing, continuous coverage, homeowner, multi-vehicle, and good student.
• Liberty Mutual may offer discounts for multi-policy, new move discount, safety features, hybrid vehicle, teen driver discount, new vehicle discount, and new graduate.
• Auto-Owners Insurance has savings for multi-policy, multiple vehicles, safe vehicle, good student, air bags, and safe driver.
• Geico has discounts for anti-theft, seat belt use, driver training, five-year accident-free, multi-policy, and emergency military deployment.

Before purchasing a policy, check with each company or agent which discounts they offer. Discounts may not apply in your area. To see a list of insurance companies that offer multiple discounts, follow this link.

Tailor your insurance coverage to you

When it comes to buying adequate coverage for your vehicles, there is no best way to insure your cars. Each situation is unique and your policy should reflect that. These are some specific questions can aid in determining if you would benefit from professional advice.

• Do I have coverage if my license is suspended?
• Does my personal policy cover me when driving out-of-state?
• When would I need additional glass coverage?
• Am I covered when delivering products for my home-based business?
• Does my insurance cover a custom paint job?
• I have health insurance so do I need medical payments coverage?
• Will I lose any money if I cancel my policy before it expires?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Educate yourself about insurance coverages

Learning about specific coverages of your insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Insurance terms can be confusing and even agents have difficulty translating policy wording. These are typical coverage types found on most insurance policies.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family and damage to your 2003 Saturn L-Series.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is very important. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as X-ray expenses, prosthetic devices, chiropractic care and surgery. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Auto liability

This protects you from damage or injury you incur to other people or property. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability can pay for things like bail bonds, medical expenses, loss of income and structural damage. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Collision insurance

This coverage covers damage to your L-Series caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like sideswiping another vehicle, crashing into a ditch, hitting a parking meter and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like a broken windshield, hitting a bird and damage from a tornado or hurricane. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Compare but don’t skimp

Some car insurance companies may not offer rates over the internet smaller companies only sell coverage through independent agents. Low-cost 2003 Saturn L-Series insurance can be purchased both online as well as from independent agents, and you need to price shop both to have the best rate selection.

When you buy car insurance online, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many situations where drivers have reduced comprehensive coverage or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. The aim is to get the best coverage possible at the best possible price.

Additional information can be found on the following sites:

• Auto Insurance for Teen Drivers (Insurance Information Insitute)
• Drunk Driving Statistics (Insurance Information Insitute)
• What to do at the Scene of an Accident (Insurance Information Insitute)
• Car Insurance: When not to Skimp (BankRate.com)
• State Laws for Cellphones and Texting (iihs.org)