2003 Oldsmobile Silhouette Insurance Cost

Shoppers have many options when shopping for low-cost Oldsmobile Silhouette insurance. They can either spend hours contacting agents getting price quotes or utilize the internet to make rate comparisons.

There are more efficient ways to find car insurance online and we’ll show you the quickest way to quote coverages for a new or used Oldsmobile and obtain the lowest price from both online companies and local agents.

You should make it a habit to take a look at other company’s rates every six months because prices are rarely the same from one policy term to another. Just because you had the best rates on Silhouette coverage a year ago there may be better deals available now. You can find a lot of information about car insurance on the web, but by reading this article, you’re going to learn some of the best techniques to find cheap car insurance.

The purpose of this post is to help you learn how to get online quotes. If you currently have car insurance, you will most likely be able to reduce your rates substantially using this information. Vehicle owners only need an understanding of the tricks to buy car insurance online.

How to buy insurance online

Most of the larger companies like Progressive, GEICO, Allstate and State Farm give prices for coverage directly from their websites. Getting prices online is fairly straightforward as you simply enter the coverages you want into a form. When complete, their rating system collects your driving and credit reports and returns pricing information.

Quoting online makes comparing rates easy, but the process of having to visit several different sites and complete many quote forms is a waste of time. But it’s very important to get many rate quotes in order to get the best price on insurance.

A better way to find cheaper rates requires only one form to obtain quotes from several companies at one time. This type of form saves time, reduces the work, and makes online shopping much easier. Immediately after submitting the form, it is rated and you can choose any of the resulting price quotes.

If one or more price quotes are lower than your current rates, you simply finish the application and purchase coverage. The entire process takes less than 15 minutes and you will find out if you’re overpaying now.

To quickly compare pricing, click here to open in new window and enter your information. To compare your current rates, we recommend you type in identical to your current policy. Using the same limits helps guarantee you will receive rate comparison quotes based on the exact same insurance coverage.

Informed decisions result in lower insurance premiums

An important part of buying insurance is that you know some of the factors that play a part in calculating your policy premiums. When you know what positively or negatively positively or negatively impacts your premiums, this enables informed choices that may result in much lower annual insurance costs. Multiple criteria are considered when you quote your car insurance policy. Some are obvious such as your driving record, but others are not quite as obvious like your vehicle usage or how safe your car is.

The factors shown below are some of the most common factors used by companies to determine premiums.

  • Prices and employer – Did you know your occupation can influence how much you pay for car insurance? Jobs like military personnel, social workers and dentists are shown to have higher premiums than the average policyholder attributed to high stress and long work days. On the other hand, careers like farmers, engineers and the unemployed get better rates on Silhouette coverage.
  • Never let your car insurance policy lapse – Driving your car without having proper coverage is not a good idea and companies may charge more for letting your insurance lapse for non-payment. Not only will you pay higher rates, failure to provide proof of insurance may earn you fines or a revoked license. You will then be forced to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • Teenagers are high risk – Teenage drivers have been known to be careless and easily distracted in a vehicle so car insurance rates are higher. More mature drivers are more cautious drivers, tend to file fewer claims , and are generally more financially stable.
  • Deter theft and save money – Buying a car that has an advanced theft prevention system can help lower your rates. Anti-theft devices like OnStar, LoJack tracking, and tamper alarms can help prevent auto theft and help lower rates.
  • Raising physical damage deductibles saves money – Physical damage protection, also called comprehensive and collision insurance, is used to repair damage to your Oldsmobile. Examples of covered claims are a broken side mirror, damage from fire, and having your car stolen. Your deductibles represent how much money you are required to pay before your car insurance pays a claim. The more the insured has to pay upfront, the better rate you will receive on Silhouette coverage.
  • Better car insurance rates on safer vehicles – Cars with high safety ratings get lower rates. Vehicles built for safety reduce the chance of injuries and lower injury rates means less claims paid and thus lower rates.

More discounts mean cheaper premiums

Auto insurance is easily one of your largest bills, but you might already qualify for some discounts that may help make it more affordable. Most are applied when you quote, but a few must be specifically requested before they will apply.

  • Distant College Student Discount – Kids who are enrolled in a college that is more than 100 miles from home and do not have a car can receive lower rates.
  • Discount for Home Ownership – Owning your own home or condo may trigger a policy discount on auto insurance since owning and maintaining a home demonstrates responsibility.
  • No Claims – Drivers with accident-free driving histories pay much less in comparison to drivers with a long claim history.
  • Good Students Pay Less – This discount can save 20 to 25%. The good student discount can last up until you turn 25.
  • Defensive Driver Discount – Passing a driver safety course could save 5% or more if you qualify.
  • Student Discount for Driver Training – Cut your cost by having your teen driver participate in a local driver’s education class in school.
  • Multi-line Discount – Select insurance companies reward you with a lower auto insurance rate if you buy a life insurance policy as well.
  • Active Military Service – Having an actively deployed family member may qualify for rate reductions.

As a footnote on discounts, most of the big mark downs will not be given to all coverage premiums. Most cut the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears all those discounts means the company will pay you, you aren’t that lucky.

The best auto insurance companies and the discounts they provide are:

  • Farm Bureau policyholders can earn discounts including 55 and retired, safe driver, youthful driver, renewal discount, good student, multi-vehicle, and driver training.
  • State Farm has savings for Steer Clear safe driver discount, Drive Safe & Save, good student, multiple autos, multiple policy, and accident-free.
  • Progressive discounts include homeowner, good student, online quote discount, multi-policy, continuous coverage, and multi-vehicle.
  • Allstate offers discounts for premier plus, auto/life discount, premier discount, early signing, and anti-theft.
  • Nationwide has discounts for business or organization, family plan, good student, easy pay, anti-theft, Farm Bureau membership, and defensive driving.
  • MetLife offers premium reductions for good driver, accident-free, defensive driver, multi-policy, and claim-free.

If you need lower rates, check with every insurance company which discounts they offer. Some discounts may not be offered in your state. To view providers with significant discounts, click this link.

It’s not one size fits all

When it comes to buying adequate coverage for your vehicles, there is no best way to insure your cars. Every insured’s situation is different.

These are some specific questions might point out if your insurance needs will benefit from professional help.

  • Is other people’s property covered if stolen from my vehicle?
  • If my 2003 Oldsmobile Silhouette is totaled, can I afford another vehicle?
  • When should my teen driver be added to my policy?
  • Do I need more liability coverage?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Can I still get insurance after a DUI?
  • Am I covered if I hit a deer?
  • If I drive on a suspended license am I covered?
  • Will my insurance pay for OEM parts?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form. It’s fast, free and can provide invaluable advice.

What auto insurance coverages do you need?

Learning about specific coverages of your auto insurance policy can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Liability auto insurance – This coverage provides protection from injuries or damage you cause to other people or property by causing an accident. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things such as repair costs for stationary objects, medical expenses, medical services and legal defense fees. The amount of liability coverage you purchase is up to you, but you should buy higher limits if possible.

Comprehensive protection – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like a tree branch falling on your vehicle, damage from getting keyed, damage from a tornado or hurricane, hail damage and theft. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical expense coverage – Medical payments and Personal Injury Protection insurance pay for immediate expenses such as pain medications, ambulance fees, rehabilitation expenses, chiropractic care and prosthetic devices. They are used in conjunction with a health insurance policy or if you do not have health coverage. It covers both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible

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

Collision insurance covers claims like damaging your car on a curb, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible to get cheaper collision coverage.

Be a smart shopper

We covered many tips how you can shop for 2003 Oldsmobile Silhouette insurance online. The key concept to understand is the more rate comparisons you have, the better your comparison will be. Consumers may even find the biggest savings come from a company that doesn’t do a lot of advertising.

The cheapest 2003 Oldsmobile Silhouette insurance is available from both online companies in addition to local insurance agencies, and you should be comparing both to have the best rate selection. Some car insurance companies may not provide online rate quotes and usually these smaller companies provide coverage only through independent agents.

As you prepare to switch companies, it’s not a good idea to reduce coverage to reduce premium. There are too many instances where someone sacrificed liability limits or collision coverage and discovered at claim time that the small savings ended up costing them much more. Your aim should be to purchase plenty of coverage at the best price, but do not skimp to save money.

Additional information can be read at the links below