2007 Pontiac Grand Prix Insurance Rates

Tired of being strong-armed to keep your car insured? You have the same problem as many other vehicle owners.

Big-name insurance companies like Geico and Progressive continually hit you with catchy ads and it is challenging if not impossible to see past the corporate glitz and effectively compare rates to find the best deal.

Consumers need to price shop coverage on a regular basis because prices go up and down regularly. Just because you had the best rate for Grand Prix coverage six months ago there is a good chance you can find better premium rates now. You’ll find a ton of advice on insurance online, but in a few minutes you can learn some great ideas on how to quit paying high insurance rates.

If you currently have car insurance, you stand a good chance to be able to cut costs considerably using these tips. Choosing the best insurance company for you is easy if you know what you’re doing. But car owners do need to know how insurance companies compete online and use this information to your advantage.

Lower rates by qualifying for discounts

Not too many consumers would say auto insurance is affordable, but you may be missing some discounts to help offset the cost. Many of these discounts will be applied automatically when you complete an application, but some discounts are required to be specially asked for before you will receive the discount.

• Military Discounts – Being deployed with a military unit could trigger a small discount.
• Discounts for Federal Employees – Having worked for a branch of the government could cut as much as 10% off for Grand Prix coverage but check with your company.
• Multiple Policy Discount – If you have multiple policies with one company you may save at least 10 to 15 percent or more.
• Theft Prevention System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
• Anti-lock Brake System – Cars with ABS and/or traction control can stop better under adverse conditions and earn discounts up to 10%.

Remember that most discounts do not apply to the entire cost. Some only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

The best auto insurance companies and some of their more popular discounts include:

• Geico has discounts for seat belt use, federal employee, defensive driver, emergency military deployment, membership and employees, and good student.
• Mercury Insurance offers discounts including professional/association, multi-car, good driver, accident-free, and annual mileage.
• Farmers Insurance may include discounts for switch companies, good student, early shopping, electronic funds transfer, and youthful driver.
• Auto-Owners Insurance discounts include student away at school, paid in full, mature driver, multiple vehicles, and safe vehicle.
• Liberty Mutual has savings for newly married, safety features, preferred payment discount, multi-car, and hybrid vehicle.
• SAFECO policyholders can earn discounts including homeowner, anti-lock brakes, anti-theft, bundle discounts, teen safe driver, drive less, and teen safety rewards.
• Progressive offers premium reductions for homeowner, multi-policy, continuous coverage, good student, online signing, multi-vehicle, and online quote discount.
• USAA offers discounts for multi-vehicle, defensive driver, loyalty savings, military installation, and good student.

Before you buy a policy, ask each insurance company to give you their best rates. Some discounts might not be offered in your area.

Insurance coverage is unique, just like you

When it comes to choosing the right insurance coverage, there really is no “best” method to buy coverage. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions may help highlight if your insurance needs could use an agent’s help.

• What is PIP insurance?
• Will I be non-renewed for getting a DUI or other conviction?
• Are there companies who specialize in insuring high-risk drivers?
• Why am I required to buy liability insurance?
• If my 2007 Pontiac Grand Prix is totaled, can I afford another vehicle?
• Which is better, split liability limits or combined limits?
• What is no-fault insurance?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Specific coverages for a 2007 Pontiac Grand Prix

Learning about specific coverages of your car insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. These are the usual coverages available from car insurance companies.

Comprehensive coverages

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as rock chips in glass, damage from flooding and hitting a deer. The maximum amount your car insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Uninsured and underinsured coverage

This coverage provides protection when the “other guys” do not carry enough liability coverage. It can pay for hospital bills for your injuries and also any damage incurred to your 2007 Pontiac Grand Prix.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Normally these coverages are similar to your liability insurance amounts.

Collision coverage

This will pay to fix damage to your Grand Prix resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as backing into a parked car, sideswiping another vehicle, colliding with another moving vehicle, sustaining damage from a pot hole and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as rehabilitation expenses, pain medications, X-ray expenses and dental work. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover both the driver and occupants as well as being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Liability car insurance

This coverage protects you from injuries or damage you cause to a person or their property in an accident. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things like structural damage, repair bills for other people’s vehicles, court costs, medical expenses and legal defense fees. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Have money to burn

Cost effective 2007 Pontiac Grand Prix insurance can be purchased online and from local insurance agents, so you need to shop insurance coverage with both in order to have the best price selection to choose from. Some companies don’t offer internet price quotes and most of the time these small insurance companies work with independent insurance agencies.

We just covered a lot of tips how to lower your 2007 Pontiac Grand Prix insurance car insurance rates. The most important thing to understand is the more companies you get premium rates for, the better your chances of lowering your premium rates. You may even discover the lowest car insurance rates are with the least-expected company. These smaller insurers may have significantly lower premium rates on certain market segments as compared to the big name companies such as State Farm and Allstate.

While you’re price shopping online, it’s a bad idea to skimp on critical coverages to save a buck or two. In many instances, someone sacrificed physical damage coverage to discover at claim time they didn’t have enough coverage. Your focus should be to get the best coverage possible for the lowest price while not skimping on critical coverages.

Much more information about insurance coverage can be read at the links below

• Senior Drivers (Insurance Information Insitute)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Neck Injury FAQ (iihs.org)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Insuring a Leased Car (Insurance Information Insitute)
• What if I Can’t Find Coverage? (Insurance Information Insitute)