View 2006 Pontiac GTO Insurance Quotes

Are you sick and tired of trying to scrape together enough money to pay car insurance each month? You’re in the same situation as most other consumers.

Consumers have so many insurance companies to insure vehicles with, and even though it’s nice to have a choice, it can be more difficult to compare rates and find the lowest cost car insurance.

It’s smart to take a look at other company’s rates quite often due to the fact that insurance rates trend upward over time. Just because you found the lowest premium rates on GTO coverage at your last renewal you may be paying too much now. You’ll find quite a bit of inaccurate information about car insurance on the internet, but I’m going to show you some great ideas on how to lower your car insurance rates.

These discounts can lower your insurance quotes

Companies don’t list all their discounts in an easy-to-find place, so the list below contains a few of the more well known and also the lesser-known credits that you can use to lower your rates. If you check and find you aren’t receiving every discount you deserve, you could be getting lower rates.

• Anti-lock Brakes – Cars, trucks, and SUVs equipped with ABS or steering control are safer to drive so companies give up to a 10% discount.
• Onboard Data Collection – Policyholders that allow their insurance company to monitor where and when they drive by using a telematics device in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease as long as the data is positive.
• Student Discounts – Excelling in school can save 20 to 25%. You can use this discount normally up until you turn 25.
• Own a Home and Save – Just owning your own home may trigger a policy discount on insurance because of the fact that having a home shows financial diligence.
• Discount for Life Insurance – Insurance carriers who offer life insurance give a discount if you purchase a life insurance policy as well.
• Safety Restraint Discount – Forcing all vehicle occupants to use their safety belts can save up to 15% off the medical payments premium.
• Multi-Vehicle Discounts – Having multiple cars on the same insurance policy may reduce the rate for each vehicle.
• Active Service Discounts – Having a family member in the military could mean lower premium rates.
• Drive Less and Save – Keeping the miles down on your Pontiac may enable drivers to earn better prices on cars that stay parked.
• Membership in Organizations – Being a member of specific professional or occupational memberships or organizations could trigger savings on your bill.

As is typical with insurance, some of the credits will not apply the the whole policy. A few only apply to the price of certain insurance coverages like liability and collision coverage. Just because it seems like having all the discounts means you get insurance for free, you won’t be that lucky.

Some companies who may offer these money-saving discounts include:

• State Farm
• Progressive
• Travelers
• American Family
• Liberty Mutual

Before purchasing a policy, check with every prospective company which discounts they offer. Some discounts listed above may not apply to policyholders in your area. To find providers who offer insurance discounts, click here.

How to get insurance coverage quotes

Performing a rate comparison can take time and effort if you don’t know the fastest way to get free quotes. You can waste hours talking to insurance companies in your area, or you could save time and use the web to quickly compare rates.

The majority of car insurance companies take part in a program where prospective buyers submit one quote, and each participating company can give them a price. This prevents consumers from doing quote forms for every insurance coverage company.

To fill out one form to compare multiple rates now click here (opens in new window).

The single downside to using this type of system is that consumers can’t choose which carriers you will receive quotes from. If you wish to select specific providers to compare rates, we have a page of low cost insurance coverage companies in your area. Click here to view list.

The approach you take is up to you, just ensure you are comparing exactly the same deductibles and coverage limits for each comparison quote. If you have different data it will be very difficult to make a fair comparison for your Pontiac GTO. Just slight variations in coverage limits can mean a large discrepancy in price. Keep in mind that comparing all the rates in your area gives you a better chance of getting a better price. Not every company does rate quotes online, so you also need to get rates from them as well.

Pontiac GTO insurance costs can be lower

Many things are part of the calculation when quoting car insurance. Most are fairly basic like a motor vehicle report, but other criteria are less obvious like your vehicle usage or your commute time.The best way to find cheaper car insurance is to take a look at the factors that help determine the price you pay for car insurance. When you know what positively or negatively determines base rates, this empowers consumers to make smart changes that can help you get lower rates.

Shown below are some of the major factors used by companies to determine your prices.

• Amount of liability coverage – Your car insurance policy’s liability coverage is the protection if you are found liable for damages caused by your negligence. Liability insurance provides legal defense up to the limits shown on your policy. Liability insurance is pretty cheap when compared with rates for comp and collision, so do not cut corners here.
• You might get higher prices if you are single – Your spouse helps lower the price on your policy. Having a spouse is viewed as being more financially stable and statistics prove drivers who are married file infrequent claims.
• Urban residents pay more – Having an address in a small town is a positive aspect when trying to find low car insurance rates. Fewer drivers on the road means reduced accidents and also fewer theft and vandalism claims. Drivers in populated areas regularly have much more traffic and more time behind the wheel. More time behind the wheel can result in more accidents.
• Lower rates with alarms and GPS tracking – Purchasing a vehicle with a theft deterrent system can save you a little every year. Advanced theft deterrents like GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft and help bring rates down.
• A good credit rating can save money – An insured’s credit history will be a significant factor in calculating your car insurance rates. If your credit rating is not that good, you could be paying less to insure your 2006 Pontiac GTO if you clean up your credit. People that have high credit scores tend to be more responsible as compared to drivers with poor credit scores.
• No car insurance gaps is important – Going without insurance is a sure-fire way to increase your rates. In addition to paying higher premiums, being ticketed for driving with no insurance might get you a license revocation or jail time. You may then have to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
• Only buy what you need – Insurance companies have many optional add-on coverages you can purchase on your GTO policy. Things like vanishing deductibles, towing, and additional equipment coverage may not be needed and are just wasting money. The coverages may be enticing at first, but if you’ve never needed them in the past remove them from your policy.

Different people need different insurance coverage coverages

When buying adequate coverage, there isn’t really a one size fits all plan. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine if your situation could use an agent’s help.

• What is PIP insurance?
• Is my dog or cat covered if injured in an accident?
• Is motorclub coverage worth it?
• Does my insurance cover my expensive audio equipment?
• What if I total my 2006 Pontiac GTO and owe more than it’s worth?
• Which is better, split liability limits or combined limits?
• Does coverage extend to a rental car in a foreign country?
• Am I covered by my spouse’s policy after a separation?
• Should I bundle my homeowners policy with my auto?
• What is medical payments coverage?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

Car insurance coverage specifics

Having a good grasp of a car insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages found on most car insurance policies.

Auto liability insurance – Liability coverage will cover damages or injuries you inflict on people or other property. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as repair costs for stationary objects, repair bills for other people’s vehicles and loss of income. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford.

Collision coverages – This pays to fix your vehicle from damage from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like crashing into a ditch, hitting a mailbox, sideswiping another vehicle and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for expenses such as pain medications, EMT expenses, dental work and ambulance fees. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and damage to your Pontiac GTO.

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 should not be overlooked. Normally the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive car insurance – This coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like fire damage, falling objects, damage from flooding, hail damage and damage from getting keyed. The highest amount your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Don’t be a big spender

We’ve covered a lot of ways to save on 2006 Pontiac GTO insurance. It’s most important to understand that the more providers you compare, the better your chances of lowering your premium rates. Consumers may even find the best car insurance rates are with a lesser-known regional company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate, Geico and Progressive.

Cheaper insurance coverage is possible from both online companies and from local insurance agents, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who may not offer rate quotes online and these regional insurance providers work with independent insurance agents.

Even more information can be read in the articles below:

• Five Mistakes to Avoid (Insurance Information Insitute)
• Booster Seat Ratings (iihs.org)
• A Tree Fell on Your Car: Now What? (Allstate)
• Think You’re a Safe Driver? (State Farm)
• What is Covered by GAP Insurance? (Allstate)