Cheap 1994 Oldsmobile Cutlass Supreme Car Insurance Cost

Feeling guilty for buying high-priced insurance? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out.

Insurance companies such as State Farm, GEICO and Farmers Insurance continually bombard you with ad campaigns and consumers find it hard to see through the cute green geckos and mayhem and effectively compare rates to find the best deal.

If you have car insurance now, you will be able to save some money using these tips. Buying car insurance is not rocket science. Nevertheless, drivers benefit from understanding how insurance companies market insurance on the web and use this information to your advantage.

Seven tips to get cheaper insurance premiums

An important part of buying insurance is that you know some of the factors that help determine your premiums. If you have some idea of what impacts premium levels, this allows you to make good choices that can help you get big savings.

The factors shown below are a few of the things used by your company to calculate rates.

  • If you don’t need it don’t buy it – There are many extra coverages that sound like a good idea at the time on your Cutlass Supreme policy. Coverages for roadside assistance, accident forgiveness, and extra equipment coverage may be wasting your money. These may sound like a good investment when you first buy your policy, but if they’re wasting money eliminate them to save money.
  • Liability protection limits are a factor – Your policy’s liability coverage will afford coverage when you are determined to be liable for causing personal injury or damage in an accident. It provides legal defense coverage to defend your case. Carrying liability coverage is mandatory and cheap compared to comp and collision, so do not cut corners here.
  • Discounts for married couples – Having a significant other may earn you lower rates on your insurance coverage bill. Having a significant other may mean you are more mature and insurance companies reward insureds because drivers who are married file infrequent claims.
  • Claim-free discounts can add up – Insurance companies award most affordable rates to policyholders that do not abuse their auto insurance. If you are the type of insured that files lots of claims you can definitely plan on either a policy non-renewal or much higher rates. Your insurance policy is designed for major claims that would cause financial hardship.
  • Premiums increase with driving tickets – Whether or not you get tickets has a huge affect on how much you pay. Drivers who don’t get tickets have lower premiums than their less careful counterparts. Getting just one speeding ticket or other violation can increase rates by twenty percent. Drivers with multiple citations such as reckless driving, hit and run or driving under the influence may face state-mandated requirements to maintain a SR-22 with their state in order to keep their license.
  • Lower rates for safer vehicles – Vehicles with high crash test scores tend to be cheaper to insure. The safest vehicles reduce the chance of injuries and any reduction in injury severity means less claims paid and more competitive rates for policyholders. If your Oldsmobile Cutlass Supreme has at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Does your vocation cost you more? – Careers like doctors, architects and accountants generally pay higher premiums than the average policyholder because of intense work situations and lengthy work days. Other jobs such as scientists, historians and retirees receive lower rates for Cutlass Supreme insurance.

Don’t overlook these insurance discounts

Properly insuring your vehicles can get expensive, but you may qualify for discounts that could help you make your next renewal payment. Some discounts apply automatically when you purchase, but a few must be manually applied in order for you to get them.

  • Fewer Miles Equal More Savings – Fewer annual miles on your Oldsmobile can qualify you for discounted premium rates on garaged vehicles.
  • ABS and Traction Control Discounts – Vehicles with anti-lock braking systems have fewer accidents and therefore earn up to a 10% discount.
  • Online Discount – A handful of insurance companies give back up to $50 just for signing your application online.
  • Save with a New Car – Insuring a vehicle that is new can save up to 30% since new vehicles have better safety ratings.
  • Drive Safe and Save – Drivers who don’t get into accidents could pay up to 40% less for Cutlass Supreme insurance compared to accident prone drivers.
  • Multi-Vehicle Discounts – Purchasing coverage when you have more than one vehicle on one policy qualifies for this discount.
  • Resident Student – Youth drivers who attend college more than 100 miles from home and don’t have a car could qualify for this discount.
  • Discount for Good Grades – Excelling in school may save as much as 25% on a insurance coverage quote. You can use this discount normally well after school through age 25.
  • One Accident Forgiven – Not a discount per se, but a handful of insurance companies will forgive one accident before hitting you with a surcharge with the catch being you have to be claim-free prior to being involved in the accident.
  • Driver Safety – Participating in a course teaching defensive driving skills could save 5% or more and easily recoup the cost of the course.

You can save money using discounts, but most credits do not apply to the overall cost of the policy. Most cut individual premiums such as medical payments or collision. Despite the appearance that adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

Larger insurance companies and the discounts they provide are:

  • State Farm has discounts for anti-theft, good driver, safe vehicle, Steer Clear safe driver discount, passive restraint, multiple policy, and good student.
  • American Family offers premium reductions for mySafetyValet, Steer into Savings, accident-free, early bird, multi-vehicle, defensive driver, and good student.
  • AAA may include discounts for education and occupation, good student, AAA membership discount, multi-car, multi-policy, pay-in-full, and good driver.
  • GEICO offers discounts for anti-theft, good student, defensive driver, emergency military deployment, membership and employees, and military active duty.
  • Mercury Insurance may offer discounts for accident-free, low natural disaster claims, good driver, multi-car, and ease of repair.
  • Farmers Insurance may have discounts that include multi-car, distant student, mature driver, bundle discounts, switch companies, and pay in full.
  • Progressive has savings for multi-policy, good student, continuous coverage, online signing, homeowner, and online quote discount.

If you are trying to find cheap insurance coverage quotes, ask each company or agent the best way to save money. Savings might not be offered on policies in your area. To see providers with the best discounts, click here.

Smaller companies may have the best rates

Popular insurance providers such as Progressive, GEICO, Allstate and State Farm regularly use ads on TV and radio. All the ads seem to make the promise that people will save just by moving your insurance coverage to their company. How does each company make almost identical claims? This is the way they can do it.

All the different companies can use profiling for the type of driver that will be a good risk. A good example of this type of driver might be between the ages of 40 and 55, owns their home, and drives less than 5,000 miles a year. A propective insured that hits that “sweet spot” is entitled to the best price and will save money with a new company.

Drivers who are not a match for the ideal profile may be forced to pay higher prices and this results in business going elsewhere. If you listen closely, the ads state “people that switch” not “all people who quote” will save that much if they switch. That is how companies can make it sound like they have such great car insurance rates. This illustrates why it is so important to compare as many free insurance coverage quotes as you can. It’s just not possible to know which company will have better rates than you’re paying now.

When to get professional advice

When it comes to choosing adequate coverage for your vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions can help discover whether or not you might need professional guidance.

  • Do I need special endorsements for business use of my vehicle?
  • Where can I find DUI or SR-22 insurance?
  • Does coverage extend to Mexico or Canada?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Is my babysitter covered when using my vehicle?
  • What if I don’t agree with a claim settlement offer?
  • Are my tools covered if they get stolen from my vehicle?
  • Can I afford low physical damage deductibles?
  • When would I need additional glass coverage?
  • Can I make deliveries for my home business?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking 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

Coverage specifics

Learning about specific coverages of a car insurance policy can help you determine the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages found on most car insurance policies.

Liability coverages – Liability coverage protects you from damages or injuries you inflict on other people or property. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability can pay for claims like legal defense fees, emergency aid, attorney fees, medical expenses and structural damage. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured or underinsured coverage – This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Oldsmobile Cutlass Supreme.

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. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision coverages – Collision coverage will pay to fix damage to your Cutlass Supreme resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims like colliding with another moving vehicle, damaging your car on a curb, driving through your garage door and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. You can also bump up the deductible to bring the cost down.

Comprehensive protection – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as hitting a deer, vandalism, a tree branch falling on your vehicle and damage from getting keyed. The highest amount your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense coverage – Med pay and PIP coverage pay for expenses for dental work, hospital visits, doctor visits and ambulance fees. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

More comparisons equals lower rates

You just learned some good ideas how to get a better price on 1994 Oldsmobile Cutlass Supreme insurance. The key concept to understand is the more you quote insurance coverage, the better likelihood of getting the cheapest insurance coverage. Consumers could even find that the lowest rates are with a lesser-known regional company. Regional companies can often insure niche markets at a lower cost than their larger competitors like State Farm, GEICO and Nationwide.

When you buy insurance coverage online, it’s a bad idea to reduce needed coverages to save money. There have been many cases where someone sacrificed comprehensive coverage or liability limits to discover at claim time that it was a big mistake. The goal is to purchase plenty of coverage at a price you can afford while not skimping on critical coverages.

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