How Much Does 2002 Oldsmobile Aurora Insurance Cost?

Are you drained from robbing Peter to pay Paul to buy car insurance? You are in the same boat as millions of other drivers.

Having so many options when it comes to car insurance, it is very difficult to find the most cost effective car insurance company.

It’s a good habit to get comparison quotes quite often because car insurance prices are variable and change quite frequently. Just because you found the best deal on Aurora insurance six months ago there is a good chance you can find better rate quotes now. Forget all the misinformation about car insurance because you’re about to learn the best methods to get good coverage at a lower rate.

First Step: Get free auto insurance quotes

Most companies give coverage prices directly from their websites. Getting online quotes can be done by anyone as you simply enter the amount of coverage you want as requested by the quote form. After the form is submitted, the quote system collects your driving and credit reports and quotes a price. Being able to quote online makes comparing rates easy, but the process of having to visit several different sites and complete many quote forms is repetitive and time-consuming. But it’s very important to get many rate quotes if you want to get the lowest auto insurance rates.

There is a better way to compare rates

A better way to compare rates uses just one form that analyzes rates from several different companies. It’s a real time-saver, eliminates repetitive work, and makes online quotes much easier. After sending the form, your coverage is rated and you can select any one of the quotes that you receive.

If one or more price quotes are lower than your current rates, you can simply submit the application and purchase the new policy. It just takes a couple of minutes and you will know how your current rates stack up.

To find out if lower rates are available, click here to open in a new tab and enter your vehicle and coverage information. If you currently have coverage, we recommend you input the coverage information as close as possible to your current policy. This way, you will receive comparison quotes based on similar coverages.

Car insurance rates and discounts

Car insurance is not inexpensive, but you may be missing some discounts to help bring down the price. Certain discounts will be applied at the time you complete a quote, but a few need to be requested specifically before you will receive the discount.

  • Multi-car Discount – Buying a policy with primary and secondary vehicles on one policy may reduce the rate for each vehicle.
  • Clubs and Organizations – Having an affiliation with qualifying clubs or civic groups could trigger savings on your next car insurance statement.
  • Bundle and Save – If you combine your homeowners and auto policies and insure them both with the same insurance company you may earn 10% to 20% off each policy.
  • Defensive Driver – Completing a course teaching driver safety skills can save you 5% or more depending on where you live.
  • Anti-lock Brakes – Vehicles with ABS and/or traction control have fewer accidents and therefore earn up to a 10% discount.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to your bottom line cost. Some only apply to specific coverage prices like comp or med pay. Just because you may think you can get free auto insurance, you’re out of luck. Any qualifying discounts should help reduce your overall premium however.

A few of the larger companies and the discounts they provide are shown below.

  • American Family has savings for multi-vehicle, TimeAway discount, good driver, good student, defensive driver, and early bird.
  • Nationwide discounts include family plan, good student, anti-theft, accident-free, defensive driving, Farm Bureau membership, and multi-policy.
  • MetLife offers discounts for good driver, good student, defensive driver, claim-free, and accident-free.
  • 21st Century includes discounts for 55 and older, good student, air bags, theft prevention, driver training, and anti-lock brakes.
  • Farmers Insurance may offer discounts for early shopping, alternative fuel, switch companies, multi-car, electronic funds transfer, and good student.
  • Allstate has discounts for EZ pay plan discount, FullPay discount, farm vehicle, passive restraint, and economy car.

Before buying, ask each insurance company how many discounts you can get. Some credits may not apply to policyholders everywhere.

Situations that may require an agent’s advice

When it comes to buying adequate coverage, there really is not a “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that can aid in determining whether or not you would benefit from professional advice.

  • Do I need PIP coverage since I have good health insurance?
  • What vehicles should carry emergency assistance coverage?
  • Are all vehicle passengers covered by medical payments coverage?
  • How many claims can I have before being cancelled?
  • How do I file an SR-22 for a DUI in my state?
  • Do I need added coverage for expensive stereo equipment?
  • Are my tools covered if they get stolen from my vehicle?
  • When should my teen driver be added to my policy?
  • When do I need to add a new car to my policy?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Smart choices result in lower insurance costs

Lots of factors are considered when pricing auto insurance. Some factors are common sense like your driving record, but others are less apparent like where you live or your commute time.

  • Urban residents pay more – Living in less populated areas has definite advantages if you are looking for the lowest rates. Lower population translates into fewer accidents in addition to fewer liability claims. Urban drivers tend to have much more traffic and a longer drive to work. Higher commute times translates into higher accident risk.
  • Do you qualify for a multi-policy discount? – Lots of companies provide a discount to insureds that purchase more than one policy in the form of a multi-policy discount. The discount can add up to anywhere from five to ten percent in most cases. Even though this discount sounds good, it’s in your best interest to shop around to make sure you are getting the best deal.
  • Drive fewer miles and save – The more miles you rack up on your Oldsmobile each year the more you will pay for insurance coverage. A lot of insurance companies calculate prices based on how the vehicle is used. Vehicles not used for work or commuting cost less to insure than vehicles that are driven to work every day. Double check that your insurance coverage declarations sheet correctly shows the correct usage, because it can save money. Incorrect rating for your Aurora can result in significantly higher rates.
  • Five star crash test rating saves money – Vehicles that have high safety ratings are cheaper to insure. Vehicles engineered for safety reduce injuries and lower rates of occupant injuries means lower claim amounts and thus lower rates. If your Oldsmobile has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may pay a lower rate.
  • Youthful driver insurance prices – Young drivers tend to be inattentive when behind the wheel and because of this, their insurance coverage rates are much higher. Adding a teenage driver onto your insurance coverage can be quite pricey. Mature drivers are more cautious drivers, are lower risk to insure , and usually have better credit.
  • Marriage discount – Walking down the aisle can get you a discount when buying insurance coverage. It generally demonstrates drivers are more mature and statistics show married drivers tend to file fewer claims.
  • Avoid coverage lapses – Not having insurance is not a good idea and you may have a hard time finding new coverage because you let your coverage have a gap. And not only will insurance be more expensive, getting caught without coverage can result in a hefty fine and possibly a revoked license. You will then be forced to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
  • Deter theft and reduce prices – Driving a car with a theft deterrent system can help lower your rates. Advanced theft deterrents such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack help track and prevent car theft.

Auto insurance coverage basics

Knowing the specifics of your policy helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are the usual coverages available from auto insurance companies.

Collision protection

Collision insurance covers damage to your Aurora resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as driving through your garage door, colliding with another moving vehicle, rolling your car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also raise the deductible to bring the cost down.

Comprehensive auto insurance

Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like hitting a bird, fire damage and rock chips in glass. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for medical expenses

Med pay and PIP coverage reimburse you for expenses for things like funeral costs, ambulance fees, nursing services, doctor visits and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. They cover you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability car insurance

Liability coverage will cover damage or injury you incur to other people or property in an accident. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Another option is a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability can pay for things such as structural damage, medical expenses and emergency aid. How much liability should you purchase? That is up to you, but you should buy as much as you can afford.

Coverage for uninsured or underinsured drivers

This coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Oldsmobile Aurora.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Frequently these coverages are similar to your liability insurance amounts.

Shop Smart and Save

Affordable 2002 Oldsmobile Aurora insurance is definitely available both online in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who may not have online price quotes and these smaller companies sell through local independent agents.

You just learned some good ideas how to compare 2002 Oldsmobile Aurora insurance rates online. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. Drivers may discover the best rates are with the smaller companies. These smaller insurers may often insure only within specific states and give getter rates compared to the large companies like State Farm, GEICO and Nationwide.

More information is available at the links below