No car owner looks forward to paying premiums for car insurance, especially when they are paying too much.
Online insurance companies like Geico and Progressive all promote huge savings with advertising and it can be hard to ignore the propoganda and find the best price available.
If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using this strategy. Finding affordable coverage is not that difficult. But drivers need to have an understanding of how insurance companies price insurance differently and use this information to your advantage.
Many factors are part of the equation when you get your auto insurance bill. Some factors are common sense such as traffic violations, although others are less apparent such as your credit history and annual miles driven.A large part of saving on insurance coverage is knowing the factors that play a part in calculating the price you pay for insurance coverage. If you know what controls the rates you pay, this enables you to make decisions that could result in lower rates.
The list below includes a partial list of the pieces companies use to determine your prices.
Car insurance is neither fun to buy or cheap, but discounts can save money and there are some available that may help make it more affordable. Some of these disounts will be visible when you quote, but once in a while a discount must be inquired about prior to getting the savings.
A quick disclaimer, some of the credits will not apply to all coverage premiums. Most cut the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears you could get a free car insurance policy, it just doesn’t work that way. Any amount of discount will definitely lower the amount you pay for coverage.
To see a list of companies that offer multiple discounts, click this link.
State Farm, Allstate and Geico seem to constantly run ads on TV and radio. They all try to convey promises about savings if you just switch your policy. It sounds good, but how can they all cost less than your current company? You have to listen carefully.
Insurance companies have an ideal profile for the type of customer that makes them money. For example, a driver they prefer should be over the age of 35, has no driving citations, and has excellent credit. A customer getting a price quote who meets those qualifications will qualify for the lowest car insurance rates and will most likely save when switching.
People who don’t measure up to this stringent profile must pay higher prices and this results in the customer not purchasing. The wording the ads use say “customers that switch” but not “all drivers who get quotes” save the amount stated. That’s the way insurance companies can confidently make claims like that.
This really illustrates why it is so important to get as many free insurance coverage quotes as possible. It is impossible to guess which company will have the lowest rates for your situation.
When buying the right insurance coverage, there really is not a “perfect” insurance plan. Every insured’s situation is different so your insurance should reflect that For instance, these questions may help you determine if your insurance needs would benefit from professional advice.
If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
Having a good grasp of your policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverage types offered by insurance companies.
Collision – Collision coverage pays for damage to your Solstice from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims such as colliding with a tree, driving through your garage door, hitting a parking meter and backing into a parked car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to get cheaper collision coverage.
Auto liability insurance – Liability insurance can cover damage that occurs to other’s property or people. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Some companies may use one number which is a combined single limit which provides one coverage limit without having the split limit caps.
Liability coverage pays for claims such as emergency aid, funeral expenses and bail bonds. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.
Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Pontiac Solstice.
Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.
Medical expense coverage – Coverage for medical payments and/or PIP pay for bills such as chiropractic care, rehabilitation expenses, ambulance fees and dental work. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Comprehensive protection – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims like rock chips in glass, damage from getting keyed, hitting a bird and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
You just read many tips how you can lower your 2007 Pontiac Solstice insurance prices. The key thing to remember is the more providers you compare, the better your chances of lowering your rates. Consumers could even find that the lowest prices are with a small local company. These companies often have lower rates on specific markets than their larger competitors like Progressive or Geico.
Discount 2007 Pontiac Solstice insurance can be sourced from both online companies as well as from independent agents, so get free insurance coverage quotes from both of them in order to have the best price selection to choose from. Some companies don’t offer rates over the internet and usually these small insurance companies prefer to sell through local independent agents.
As you restructure your insurance plan, it’s very important that you do not buy poor coverage just to save money. There are too many instances where an insured cut comprehensive coverage or liability limits only to find out they didn’t purchase enough coverage. The proper strategy is to find the BEST coverage at the best cost and still be able to protect your assets.
To learn more, take a look at the following helpful articles:
Danyelle Rosales
I’m in the suburbs of West Valley City, UT. Quoted rates from Progressive, Eastwood, and Hartford for my Solstice and saved $154 a year. Got better coverage too.
Cassandra Galloway
I’ve had Allstate for years. I’m in Salt Lake City, Utah.
Lucas Camacho
Found cheapest coverage with Erie for my Pontiac and saved about $220 a year.
Solomon Case
Good detail in your article. Live in the northern part of Aberdeen, SD. Can’t remember who all I quoted but I ended up saving about $50 each month. BTW speeding tickets are not good. Just go online and compare their rates.
Sally Wilder
If you have a good history and live near Norfolk, Virginia, check out Progressive. They seem to be cheaper.
Audria Baker
Hope my rates come down. Went with Eastwood for my Solstice and saved around $260 a year. I have a couple other vehicles on the policy. I used their website to get prices.
Brett Byrd
Do I have to have car insurance in California?
Ocie Beard
I found affordable 2007 Pontiac Solstice insurance from Progressive in Gulfport, MS.
Carley Molina
Nice info. Proud to be from Dallas, Texas. I quoted with GEICO, American Family, and some I forget for my Solstice and saved around $430 a year. Not sure about claim service.
Wallace Suarez
Hope my car insurance gets cheaper. I’m just east of Owensboro, KY. Checked online prices for a 2007 Pontiac Solstice. Ended up at about $460 savings annually. Went with Allstate. Was with Eastwood.
Magaret Mclaughlin
I found pretty cheap rate quotes for a 2007 Pontiac Solstice in Dover, DE. Ended up at darn near $540 every six months with American Family. Good multi-policy discounts. Are quotes cheaper online?