How Much Does 2005 Pontiac Grand Prix Car Insurance Cost?

Comparing and finding cheap premium rates for insurance can be nearly impossible for beginners to comparison shopping online. With such a large choice of online companies, it can quickly become a ton of work to lower your prices.

You should take the time to price shop coverage quite often due to the fact that insurance prices change frequently. Just because you found the lowest price for Grand Prix insurance a couple years back you can probably find a better rate quote now. Forget all the misinformation about insurance because you’re going to get a crash course in the only way to find better rates and still maintain coverage.

Do you qualify for discounts?

Some companies don’t always advertise all available discounts very clearly, so here is a list some of the more common and the harder-to-find discounts that may be available.

• Organization Discounts – Being a member of a civic or occupational organization could qualify you for a break when getting a insurance quote.
• Paper-free Discount – Certain companies give back up to $50 get insurance on the web.
• Military Discounts – Being on active deployment in the military can result in better rates.
• College Student Discount – Kids living away from home attending college and do not have a car could get you a discount.
• Drivers Ed for Students – Cut your cost by having your teen driver sucessfully take a drivers education course in school or through a local driver safety program.
• Defensive Driver Discount – Participating in a course teaching defensive driving skills could cut 5% off your bill and also improve your driving technique.
• Discount for Passive Restraints – Factory air bags and/or automatic seat belt systems may get savings as much as 30%.
• Theft Deterent – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and earn discounts up to 10% off your insurance quote.
• ABS and Traction Control Discounts – Anti-lock brake equipped vehicles prevent accidents and therefore earn up to a 10% discount.
• No Claims – Good drivers with no accidents can earn big discounts in comparison with accident-prone drivers.

While discounts sound great, it’s important to understand that most credits do not apply the the whole policy. Most cut individual premiums such as physical damage coverage or medical payments. So even though it sounds like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

The best insurance companies and some of the premium reductions they offer can be read below.

• State Farm has savings for Drive Safe & Save, multiple autos, anti-theft, defensive driving training, student away at school, and accident-free.
• Geico may have discounts that include anti-theft, military active duty, membership and employees, five-year accident-free, driver training, and multi-vehicle.
• Progressive may include discounts for multi-vehicle, online signing, online quote discount, multi-policy, continuous coverage, and homeowner.
• 21st Century offers discounts for good student, teen driver, air bags, defensive driver, and homeowners.
• American Family offers discounts including accident-free, defensive driver, mySafetyValet, air bags, TimeAway discount, and early bird.
• The Hartford includes discounts for driver training, bundle, vehicle fuel type, defensive driver, anti-theft, and air bag.
• AAA offers premium reductions for good driver, multi-policy, good student, AAA membership discount, multi-car, pay-in-full, and anti-theft.

If you need low cost insurance quotes, ask each company or agent which discounts you may be entitled to. Depending on the company, some discounts might not be available to policyholders everywhere. To see a list of providers offering insurance discounts, click this link.

Buy insurance online

Shopping for lower insurance rates can take hours if you don’t understand the easiest way. You can waste hours discussing policy coverages with agents in your area, or you could use the web to get rate comparisons in just a few minutes.

The majority of car insurance companies enroll in a system that allows shoppers to submit one quote, and every company can provide price quotes based on that data. This prevents consumers from doing form submissions for each company you want a rate for. To compare rates using this form now click to open in new window.

The single downside to using this type of system is that you can’t choose which carriers you want to price. If you wish to select individual companies to compare prices, we have assembled a list of low cost insurance companies in your area. View list of insurance companies.

The method you choose is up to you, but do your best to enter the exact same coverage information on every price quote you get. If you have different values for each quote it’s impossible to truly determine the lowest rate. Slightly different coverages can make a big difference in price. It’s important to know that more quotes helps improve the odds of finding the best offered rates.

Don’t assume everyone needs the same insurance coverage

When buying proper insurance coverage, there is no perfect coverage plan. Every situation is different.

Here are some questions about coverages that might point out whether or not you might need an agent’s assistance.

• How do I insure my teen driver?
• Why do I only qualify for high-risk insurance?
• How do I file an SR-22 for a DUI in my state?
• Will my rates increase for filing one claim?
• When does my teenage driver need to be added to my policy?
• Is a blown tire covered by insurance?

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, complete this form.

Coverages available on your policy

Understanding the coverages of insurance aids in choosing the right coverages for your vehicles. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Collision coverage

This will pay to fix damage to your Grand Prix from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like hitting a parking meter, crashing into a ditch, scraping a guard rail, hitting a mailbox and crashing into a building. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Liability

Liability coverage will cover injuries or damage you cause to people or other property by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which stand for a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against claims like attorney fees, repair costs for stationary objects and bail bonds. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive coverage (or Other than Collision)

This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from a tornado or hurricane, hitting a deer, damage from getting keyed and falling objects. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses for X-ray expenses, funeral costs, pain medications, chiropractic care and prosthetic devices. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Quote more, save more

When shopping online for insurance coverage, do not skimp on critical coverages to save a buck or two. There are a lot of situations where drivers have reduced uninsured motorist or liability limits and discovered at claim time that it was a big mistake. Your strategy should be to get the best coverage possible for the lowest price and still be able to protect your assets.

In this article, we covered a lot of tips how to lower your 2005 Pontiac Grand Prix insurance prices. It’s most important to understand that the more rate quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the best price on insurance coverage is with a lesser-known regional company.

Drivers leave their current company for many reasons like lack of trust in their agent, delays in paying claims, an unsatisfactory settlement offer or even not issuing a premium refund. Regardless of your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

To read more, feel free to browse the articles below:

• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• Teen Driving Statistics (Geico)
• Vehicle Safety Ratings (iihs.org)
• Alcohol Impaired Driving FAQ (iihs.org)