Compare 2007 Pontiac Solstice Insurance Cost

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.

How your Solstice insurance rates are determined

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.

• More traffic equals higher costs – Choosing to live in a small town has definite advantages when shopping for auto insurance. Fewer drivers on the road means a lower chance of having an accident. Drivers in populated areas have to deal with traffic congestion and higher rates of accident claims. More time commuting means higher likelihood of an accident.
• Getting married pays dividends – Walking down the aisle may earn you lower rates on insurance coverage. Having a significant other demonstrates that you tend to be more responsible and statistics prove being married results in fewer claims.
• More than one policy can earn a discount – Some insurers afford lower prices to people who have multiple policies with them. It’s known as a multi-policy discount. If you currently are using one company, it’s still a good idea to compare other company rates to guarantee you are still saving the most.There is a good possibility that you can find lower rates by buying insurance coverage from a different company.
• Insurance coverage rates and employer – Did you know your job can affect your rates? Careers such as fire fighters, architects and medical professionals tend to pay higher premium rates due to stressful work requirements and long work hours. On the flip side, occupations like professors, athletes and homemakers pay the least for Solstice insurance.
• Your car’s features help determine premiums – Choosing a vehicle with a theft deterrent system can help lower your rates. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart auto theft.

Car insurance discounts help reduce rates

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.

• Passenger Safety Discount – Factory air bags or automatic seat belts can receive discounts of more than 20%.
• Savings for New Vehicles – Buying insurance coverage on a new vehicle can get you a discount compared to insuring an older model.
• Theft Deterent Discount – Cars and trucks optioned with advanced anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
• Multi-car Discount – Purchasing coverage when you have primary and secondary vehicles on one policy can reduce the rates for all insured vehicles.
• Distant Student Discount – College-age children who are enrolled in a college that is more than 100 miles from home and don’t have a car may be insured at a cheaper rate.
• Smart Student Discounts – Getting good grades can get you a discount of up to 25%. The discount lasts up until you turn 25.
• Drive Safe and Save – Insureds who avoid accidents can save up to 40% or more on their insurance coverage quote for Solstice insurance than drivers with accident claims.

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.

Insurance savings promises

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.

Which is the best car insurance?

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.

• What is roadside assistance coverage?
• What if I total my 2007 Pontiac Solstice and owe more than it’s worth?
• Am I covered when driving in Canada or Mexico?
• How do I buy GAP insurance?
• Does my liability insurance cover pulling a trailer or camper?
• Is my 2007 Pontiac Solstice covered for flood damage?

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

Insurance policy coverages for a Pontiac Solstice

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.

Smart consumers save more

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:

• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Young Drivers: The High Risk Years Video (iihs.org)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Teen Driver Licensing Information (iihs.org)