2004 Pontiac GTO Insurance Quotes – 6 Tips to Save

If you’re shopping for more affordable insurance, are you overwhelmed by the sheer number of insurance providers available to you? There are so many providers available that it is a real difficult job to find the best rates.

Finding affordable coverage is not rocket science. Essentially every driver who is shopping for auto insurance stands a good chance to be able to reduce their rates. Nevertheless, consumers must comprehend how companies price insurance differently and take advantage of how the system works.

Verify you’re receiving every discount

Properly insuring your vehicles can get expensive, but you can get discounts that can dramatically reduce your bill. A few discounts will be applied when you purchase, but some need to be specially asked for prior to receiving the credit.

  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of making monthly payments you can actually save on your bill.
  • Claim-Free Discount – Claim-free drivers have much lower rates in comparison to accident-prone drivers.
  • Employee of Federal Government – Active or retired federal employment may reduce rates when you quote car insurance for GTO insurance with select insurance companies.
  • Paperwork-free – Many larger companies will give a small break for buying your policy digitally online.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
  • Low Mileage Discounts – Driving fewer miles may allow you to get better prices on cars that stay parked.

You can save money using discounts, but many deductions do not apply to the entire policy premium. Some only reduce the cost of specific coverages such as comp or med pay. So when it seems like adding up those discounts means a free policy, insurance coverage companies aren’t that generous. But any discount will definitely reduce your overall premium however.

Companies and a partial list of their discounts are detailed below.

  • State Farm may have discounts that include anti-theft, defensive driving training, Steer Clear safe driver discount, student away at school, good driver, multiple policy, and safe vehicle.
  • American Family has savings for good student, early bird, bundled insurance, TimeAway discount, Steer into Savings, multi-vehicle, and good driver.
  • AAA discounts include good student, AAA membership discount, pay-in-full, multi-policy, education and occupation, and anti-theft.
  • Geico includes discounts for driver training, seat belt use, multi-vehicle, good student, anti-lock brakes, and membership and employees.
  • Mercury Insurance offers discounts for anti-theft, type of vehicle, good driver, multi-car, good student, age of vehicle, and multi-policy.
  • Farmers Insurance offers discounts including business and professional, early shopping, electronic funds transfer, alternative fuel, and youthful driver.
  • Progressive policyholders can earn discounts including continuous coverage, good student, homeowner, online quote discount, multi-policy, online signing, and multi-vehicle.

If you need cheap car insurance quotes, ask all companies you are considering how you can save money. Some of the discounts discussed earlier might not be available to policyholders in your area.

When should I discuss my situation with an agent?

When buying the best insurance coverage coverage, there really is not a “perfect” insurance plan. Every situation is different.

Here are some questions about coverages that may help you determine if your insurance needs would benefit from professional advice.

  • When should I remove comp and collision on my 2004 Pontiac GTO?
  • What are the financial responsibility laws in my state?
  • Exactly who is provided coverage by my policy?
  • Can my teen driver be rated on a liability-only vehicle?
  • Should I get collision insurance on every vehicle?
  • Does my car insurance cover rental cars?
  • Do I have newly-aquired coverage?
  • Does my liability insurance cover pulling a trailer or camper?

If you’re not sure about those questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form.

Be skeptical of car insurance ads

Respected companies like State Farm, Allstate and Geico continually stream ads on television and other media. They all seem to make the promise of big savings if you change your coverage. It sounds good, but how can they all have lower policy pricing? Here is how they do it.

All the different companies quote the lowest rates for the type of driver that will most likely be profitable. For example, a profitable risk profile could possibly be over the age of 40, insures multiple vehicles, and drives a vehicle with a low ISO rating. Any customer who fits those characteristics gets the lowest premium rates and have a good chance to cut their rates substantially.

People who don’t meet this stringent profile may receive higher prices and this can result in the customer not buying. The ads say “drivers that switch” but not “everyone who gets a quote” save money. This is how insurance companies can confidently claim big savings. Because every company is different, drivers must get as many free car insurance quotes as possible. Because you cannot predict which insurance companies will have the best premium rates for your profile.

Insurance coverage basics

Learning about specific coverages of insurance can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Comprehensive insurance

This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hail damage, vandalism, a broken windshield, rock chips in glass and damage from flooding. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for medical expenses

Med pay and PIP coverage reimburse you for short-term medical expenses for things like rehabilitation expenses, chiropractic care, nursing services and ambulance fees. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states and may carry a deductible

Coverage for uninsured or underinsured drivers

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Pontiac GTO.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Coverage for collisions

Collision insurance will pay to fix damage to your GTO from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims like damaging your car on a curb, crashing into a ditch and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Liability auto insurance

This provides protection from injuries or damage you cause to other people or property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims like emergency aid, legal defense fees, bail bonds, medical expenses and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.

Buy Smart and Save

When shopping online for auto insurance, do not buy less coverage just to save a little money. In many cases, consumers will sacrifice liability limits or collision coverage only to discover later that the few dollars in savings costed them thousands. Your strategy should be to buy the best coverage you can find at the best price, but do not skimp to save money.

The cheapest 2004 Pontiac GTO insurance can be purchased online and from local agencies, so get free car insurance quotes from both of them in order to have the best price selection to choose from. Some auto insurance companies don’t offer rate quotes online and usually these smaller companies sell through independent insurance agents.

We just covered quite a bit of information on how to reduce 2004 Pontiac GTO insurance premium rates online. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding the cheapest car insurance. You may be surprised to find that the best premium rates are with a lesser-known regional company.

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Comments About 2004 Pontiac GTO Insurance

  1. Heath Dickson

    I got decent rates for a 2004 Pontiac GTO in Gulfport, Mississippi. Ended up at about $60 every six months with AIG Insurance. My GTO doesn’t have full coverage.

  2. Eboni Larson

    Like your site, BTW. Found cheapest coverage with Mercury for my GTO and saved around $80 a year. Can still barely afford it.

  3. Edmond Hyde

    Great site. I live south of Newark, Delaware. I got free rates from Progressive, Encompass, and The General for my Pontiac and I think I saved around $20 each month. Left The General to switch.

  4. Emerald Goff

    I switched to Allstate. Quoted good rates in Saint Louis, MO. Was with USAA. Not sure if rates are cheaper online or not.

  5. Joellen Gonzales

    Found cheapest coverage with Safeco for my GTO and saved about $110 a year. I recommend comparing lots of rates.

  6. Glenn Melton

    I live in a small town just outside of Cleveland, OH and for me State Farm had the lowest quote. I get a discount for insuring multiple vehicles. Still almost need a second mortgage. Anyone else drop full coverage?

  7. Morton Moody

    Lifelong resident of Tampa, Florida. Got rates from American Family, MetLife, and a few others for my 2004 Pontiac GTO and saved just over $100 a year. I have several vehicles insured with them.

  8. Alethea Crane

    Here’s my quote info. I’m from Greensboro, NC. I got free rates from Liberty Mutual, AIG Insurance, Nationwide, and a couple others for my 2004 Pontiac GTO and saved just over $90 a year. Left Progressive to switch. I have several vehicles insured with them. I don’t insure for physical damage though.

  9. Shani Matthews

    I’m in the north part of Las Cruces, NM. Received quotes with AAA, Esurance, and Safeco for my Pontiac and saved about $110 a year. I don’t put full coverage on it.

  10. Sharyn Copeland

    I think I’m paying too much. Lifelong resident of Milwaukee, WI. Got car insurance prices from Auto-Owners, Nationwide, and a few others for my 2004 Pontiac GTO and saved just over $80 a year. Was with AIG Insurance. I have a teen driver too. I got a quote from their website. I don’t put full coverage on it.

  11. Chung Barton

    Too expensive. I ride a bike.

  12. Rosetta Hubbard

    $100 to anyone who understands their policy.

  13. Yuriko Sanford

    Hope my car insurance gets cheaper. I’m from Phoenix, AZ. Can’t remember who all I quoted but I ended up saving about $20 each month. I got a quote from their website.

  14. Selena Miles

    I chose to switch to 21st Century from Auto-Owners. I live in Knoxville, TN. Good savings if you bundle. I recommend comparing lots of rates. My GTO doesn’t have full coverage.

  15. Janine Pittman

    I live on the north side of West Valley City, UT. Got rates from Progressive, GMAC, and Eastwood for my 2004 Pontiac GTO and cut my rates about $120 a year.

  16. Thuy Bridges

    In Overland Park, KS, Allstate is a good choice. I get multi-vehicle and multi-policy discounts. Just liability coverage since it’s getting old.