2005 Pontiac Grand Am Insurance Cost – 6 Discounts for Best Prices

Buyers have a choice when searching for the best price on Pontiac Grand Am insurance. They can either spend hours driving around getting price quotes or use the internet to find the lowest rates. There is a right way and a wrong way to compare auto insurance rates so we’re going to tell you the absolute fastest way to get price quotes for your Pontiac and find the lowest price.

You should take the time to get comparison quotes before your next renewal because prices change regularly. Even if you think you had the lowest rates for Grand Am coverage two years ago you can probably find a lower rate today. There are a lot of ways to save on auto insurance on the web, but you can learn the best ways to lower your auto insurance bill.

Choosing the best insurance company for you is not that difficult. If you have car insurance now, you will most likely be able to save some money using these techniques. Vehicle owners just need to understand the proper way to shop over the internet.

Find discounts on car insurance

Companies that sell car insurance do not list all disounts very well, so the list below contains both well-publicized and the harder-to-find ways to save on car insurance.

  • Multiple Vehicles – Buying coverage for multiple cars or trucks with one company qualifies for this discount.
  • Military Rewards – Being on active duty in the military could trigger a small discount.
  • Payment Discounts – By making one initial payment instead of monthly or quarterly installments you can actually save on your bill.
  • New Car Discount – Buying coverage on a new vehicle can save you some money because newer vehicles are generally safer.
  • ABS Brakes – Cars and trucks equipped with ABS or steering control can stop better under adverse conditions and will save you 10% or more.
  • Accident Free – Good drivers with no accidents have much lower rates compared to drivers who are more careless.

It’s important to understand that most of the big mark downs will not be given to all coverage premiums. Most only apply to specific coverage prices like comp or med pay. Just because you may think having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

A list of car insurance companies and some of the discounts are outlined below.

  • GEICO includes discounts for multi-vehicle, daytime running lights, air bags, driver training, military active duty, and five-year accident-free.
  • Travelers has savings for student away at school, home ownership, payment discounts, good student, and save driver.
  • Nationwide offers discounts including easy pay, defensive driving, business or organization, accident-free, good student, and Farm Bureau membership.
  • Farmers Insurance may have discounts that include distant student, electronic funds transfer, alternative fuel, youthful driver, and good student.
  • Esurance discounts include online quote, emergency road assistance, multi-car, defensive driver, renters, Pac-12 alumni, and multi-policy.
  • State Farm offers discounts for safe vehicle, driver’s education, Drive Safe & Save, anti-theft, good driver, and accident-free.
  • Progressive may include discounts for multi-policy, good student, continuous coverage, online signing, multi-vehicle, online quote discount, and homeowner.
  • Mercury Insurance policyholders can earn discounts including multi-policy, annual mileage, ease of repair, age of vehicle, low natural disaster claims, type of vehicle, and anti-theft.

Before buying, ask each company or agent which discounts you qualify for. Some of the earlier mentioned discounts might not be offered on policies in every state. To see a list of insurance companies with discount rates, click here to view.

Buy car insurance online

All the larger car insurance companies give prices for coverage directly from their websites. Getting quotes doesn’t take much effort as you just enter on the page. After the form is submitted, their rating system orders reports for credit and driving violations and quotes a price based on these and other factors.

This simplifies rate comparisons, but the process of having to visit a lot of sites and type in your information is monotonous and tiresome. Unfortunately, it is important to get many rate quotes if you want to get the best price on car insurance.

The easiest way to lower your car insurance bill uses one simple form that analyzes rates from several different companies. It’s a real time-saver, reduces the work, and makes comparison shopping much simpler. Once the form is submitted, it is quoted and you can select your choice of the quotes that you receive. If a lower price is quoted, you can click and sign and purchase coverage. It takes 15 minutes at the most and may result in a nice savings.

In order to fill out one form to compare multiple rates now, click here to open in a new tab and enter your information. To compare your current rates, we recommend you copy your coverages exactly as they are listed on your policy. Doing this assures you will have a rate comparison for exact coverage.

Tailor your insurance coverage to you

When buying adequate coverage for your personal vehicles, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For example, these questions may help you determine if your situation might need professional guidance.

  • Am I covered if I wreck a rental car?
  • How can I force my company to pay a claim?
  • Does insurance cover damages from a DUI accident?
  • Should I rate my 2005 Pontiac Grand Am as pleasure use or commute?
  • Do I benefit by insuring my home with the same company?
  • Does coverage extend to my business vehicle?
  • Is my 2005 Pontiac Grand Am covered for smoke damage?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Are insurance coverage companies telling the truth?

Consumers constantly see and hear ads for the lowest price insurance coverage from companies such as 21st Century, Allstate and State Farm. They all convey the message that you’ll save big if you get a free car insurance quote and switch to them.

It sounds good, but how can they all offer you a better deal? It’s all in the numbers.

Different companies give the best rates for the type of driver that earns them the highest profit. For instance, a profitable insured may need to be between the ages of 30 and 50, owns their home, and drives a safe vehicle. A customer that fits those parameters receives the best rates and therefore will save a lot of money.

Potential insureds who do not match those standards must pay a higher rate which usually ends up with business going elsewhere. The ads say “customers who switch” not “everybody who quotes” save that much. That is how companies can truthfully state the savings. This really illustrates why you should compare many company’s prices. Because without a comparison, you cannot know which company will provide the lowest premium rates.

Insurance coverage considerations

Understanding the coverages of a insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.

Collision coverages – This covers damage to your Grand Am resulting from a collision 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 protects against claims such as backing into a parked car, sideswiping another vehicle, crashing into a ditch, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for X-ray expenses, surgery and hospital visits. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Coverage for liability – Liability coverage will cover injuries or damage you cause to a person or their property by causing an accident. This coverage 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 liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims such as structural damage, pain and suffering and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.

Comprehensive insurance – Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as rock chips in glass, a tree branch falling on your vehicle, damage from a tornado or hurricane and hail damage. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and also any damage incurred to your Pontiac Grand Am.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

In conclusion

More affordable insurance coverage is attainable both online as well as from insurance agents, so you need to shop car insurance with both in order to have the best price selection to choose from. Some companies may not have rate quotes online and many times these small insurance companies provide coverage only through independent agents.

In this article, we covered quite a bit of information on how to compare 2005 Pontiac Grand Am insurance premium rates online. The key concept to understand is the more you quote car insurance, the better your comparison will be. You may be surprised to find that the best price on insurance coverage is with the smaller companies.

Insureds who switch companies do it for a number of reasons such as delays in paying claims, delays in responding to claim requests, policy non-renewal or an unsatisfactory settlement offer. It doesn’t matter what your reason, choosing a new company is pretty simple and you could end up saving a buck or two.

Much more information about insurance coverage is located at the links below