2004 Saturn L300 Insurance Quotes – 10 Policy Discounts

Want cheaper insurance coverage rates for your Saturn L300? No car owner rejoices having to buy insurance coverage, especially when it costs too dang much. Because you have many options, it is very difficult to pick the right company.

Finding the best rates is quite easy. If you have a policy now or need a new policy, you can use these tips to find the best rates and possibly find even better coverage. Vehicle owners just need to know the tricks to get comparison quotes online.

The quickest way to get policy rate comparisons is to understand car insurance companies participate in online systems to give free rates quotes. To get started, all you need to do is provide information like if you are currently licensed, if you lease or own, the ages of drivers, and your credit rating estimate. That rating information is then submitted to all major companies and you will get price comparisons immediately.

Insurance coverage policy discounts

Properly insuring your vehicles can get expensive, but there are discounts available that you may not even be aware of. Certain credits will be shown at quote time, but some must be specially asked for before you will receive the discount. If you do not check that you are getting every discount you deserve, you are throwing money away.

• Discount for Passive Restraints – Vehicles with factory air bags can receive discounts of more than 20%.
• Federal Employees – Employees or retirees of the government could cut as much as 10% off on L300 insurance with select insurance companies.
• Discount for Swiching Early – A few companies give discounts for switching to them prior to your current policy expiring. You may see this discount when you get insurance quotes online.
• Early Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you can avoid monthly service charges.
• Policy Bundle Discount – If you can bundle your auto and home insurance and place coverage with the same company you could earn a discount of at least 10% off all policies.
• Student Discounts – A discount for being a good student can save 20 to 25%. Earning this discount can benefit you up to age 25.
• Low Mileage Discounts – Fewer annual miles on your Saturn could qualify for lower insurance coveragerates due to less chance of an accident.
• Memberships – Having an affiliation with qualifying employment or professional organizations could trigger savings when getting a insurance quote.
• New Car Discount – Adding a new car to your policy is cheaper since new vehicles are generally safer.
• Senior Citizens – If you’re over the age of 55, you can get a slight reduction on a insurance quote on L300 insurance.

One last thing about discounts, most of the big mark downs will not be given to your bottom line cost. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though they make it sound like you can get free auto insurance, you’re out of luck. But all discounts should help lower the amount you have to pay.

A few popular companies and a partial list of their discounts can be read below.

• American Family discounts include multi-vehicle, accident-free, defensive driver, Steer into Savings, good driver, bundled insurance, and air bags.
• Farm Bureau includes discounts for multi-vehicle, 55 and retired, safe driver, good student, multi-policy, youthful driver, and renewal discount.
• State Farm offers discounts including Steer Clear safe driver discount, Drive Safe & Save, accident-free, good driver, multiple autos, anti-theft, and passive restraint.
• Travelers may have discounts that include home ownership, multi-car, continuous insurance, student away at school, payment discounts, IntelliDrive, and multi-policy.
• The Hartford offers premium reductions for defensive driver, good student, air bag, bundle, and anti-theft.
• Geico may offer discounts for driver training, multi-policy, air bags, five-year accident-free, multi-vehicle, emergency military deployment, and military active duty.
• Progressive may include discounts for good student, multi-policy, continuous coverage, multi-vehicle, and online quote discount.

Before you buy a policy, ask every prospective company what discounts are available to you. Discounts might not be available to policyholders in your area. If you would like to choose from a list of insurers with the best insurance coverage discounts, click here to view.

How do I know if I need professional advice?

When it comes to choosing proper insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique so your insurance should reflect that For instance, these questions may help highlight if your insurance needs would benefit from professional advice.

• Does having multiple vehicles earn me a discount?
• Do I need more liability coverage?
• Do I need to file an SR-22 for a DUI in my state?
• Am I covered if I drive in a foreign country?
• Does coverage extend to Mexico or Canada?
• Do I have any recourse if my insurance company denies a claim?
• Does my 2004 Saturn L300 qualify for pleasure use?
• Do I have coverage if my license is suspended?
• What is high-risk coverage and where do I buy it?
• Why am I required to get a high-risk car insurance policy?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Beware of misleading auto insurance ads

Consumers can’t get away from ads that claim the cheapest rates by companies like Allstate, Geico and Progressive. All the companies advertise claims that drivers can save some big amount after switching to them.

How can each company make the same claim? It’s all in the words they use.

Insurance companies provide the lowest rates for a prospective insured they prefer to insure. An example of a driver they prefer could be over the age of 40, has had continuous coverage, and drives less than 10,000 miles a year. A customer that meets those criteria will qualify for the lowest prices and will also save when switching.

Potential insureds who fall outside these stringent criteria will probably be forced to pay higher rates with the end result being the customer not buying. 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 make claims like that. This really drives home the point why you really need to get insurance quotes from several different companies. It’s just not possible to know which auto insurance company will fit you best based on your risk profile.

Auto insurance coverage information

Knowing the specifics of your insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. These are the normal coverages offered by insurance companies.

Liability car insurance – This coverage provides protection from damage or injury you incur to people or other property by causing an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things like emergency aid, legal defense fees and medical expenses. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Comprehensive coverage (or Other than Collision) – This coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hail damage, theft and hitting a deer. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision – Collision insurance will pay to fix damage to your L300 from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with another moving vehicle, backing into a parked car, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.

Insurance for medical payments – Coverage for medical payments and/or PIP kick in for bills for things like pain medications, doctor visits, X-ray expenses and dental work. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important.

Save your cold hard cash

Low-cost 2004 Saturn L300 insurance is definitely available online and from local insurance agents, so you need to shop insurance with both in order to have the best price selection to choose from. There are still a few companies who do not offer the ability to get a quote online and many times these regional carriers sell through independent agents.

Throughout this article, we presented quite a bit of information on how to save on 2004 Saturn L300 insurance. The key thing to remember is the more rate quotes you have, the higher the chance of saving money. Drivers may discover the lowest prices come from the smaller companies. They can often provide lower rates in certain areas compared to the large companies like State Farm and Allstate.

For more information, take a look at the resources below:

• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)
• Smart Auto Insurance Tips (Insurance Information Insitute)
• Anti-Lock Brake FAQ (iihs.org)