It’s amazing but most consumers have remained with the same auto insurance company for well over three years, and roughly 40% of drivers have never shopped around. Oregon consumers could cut their rates by about 60% a year, but they don’t believe the amount of money they would save if they moved their coverage to a different company.
If saving the most money is your goal, then the best way to get discount Pontiac Solstice insurance in Portland is to start doing a yearly price comparison from insurers who provide car insurance in Oregon.
Step 1: Try to learn a little about how companies price auto insurance and the measures you can control to keep rates in check. Many things that are responsible for high rates such as traffic violations and a not-so-good credit score can be rectified by improving your driving habits or financial responsibility.
Step 2: Compare price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from one company like Progressive and State Farm, while agents who are independent can quote prices from multiple insurance companies.
Step 3: Compare the new rate quotes to your current policy premium to see if cheaper Solstice coverage is available. If you find a better price and buy the policy, make sure there is no coverage gap between policies.
Step 4: Provide proper notification to your current company of your decision to cancel your current coverage. Submit a completed application and payment to your new insurance company. Be sure to store the proof of insurance paperwork somewhere easily accessible.
One key aspect when comparing rates is to try to use identical coverage information on every quote request and and to get price quotes from as many different companies as possible. Doing this enables an apples-to-apples comparison and a complete price analysis.
Finding quotes for the best-priced policy in Portland is quite easy. If you have coverage now or just want cheaper coverage, follow these tips to save money and still get good coverage. Drivers just have to use the fastest way to get comparison quotes from many companies at once.
Finding low cost Portland car insurance prices doesn’t have to be difficult. You just have to invest a few minutes to compare rate quotes to discover which company has affordable Portland car insurance quotes.
Doing price comparisons online is so simple that it makes it a waste of time to drive around to and from local Portland insurance agencies. Doing it all online reduces the need to sit down with an agent unless you have a need for the peace of mind of an agent trained in personal lines coverage. It is possible to comparison shop online but have your policy serviced through an agent.
The companies shown below offer free quotes in Oregon. In order to find the best car insurance in Portland, we recommend you get rate quotes from several of them in order to find the lowest rates.
Auto insurance does more than just repair your car
Despite the high insurance cost for a Pontiac Solstice in Portland, maintaining insurance serves a purpose in several ways.
First, almost all states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability insurance coverage in order to drive the car. In Oregon these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
Second, if you have a loan on your Pontiac Solstice, it’s most likely the lender will have a requirement that you buy insurance to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Pontiac for a lot more money and require you to fork over for the much more expensive policy.
Third, insurance protects both your assets and your Pontiac Solstice. Insurance will pay for medical bills for yourself as well as anyone injured by you. Liability coverage, the one required by state law, will also pay attorney fees in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, your policy will pay to have it repaired.
The benefits of carrying adequate insurance outweigh the cost, particularly for liability claims. But the average driver in Oregon is wasting up to $820 a year so you should quote and compare rates once a year at a minimum to help ensure money is not being wasted.
Pontiac Solstice Insurance Prices Can Be More Affordable
Lots of things are part of the calculation when you get your auto insurance bill. Most are fairly basic like a motor vehicle report, but other criteria are more transparent such as your credit history or your vehicle rating.
The factors shown below are some of the factors that factor into your rate level.
Save money with higher deductibles – Deductibles for physical damage represent how much money the insured will be required to pay before a claim is paid by your company. Insurance for physical damage, termed comprehensive and collision coverage on your policy, protects your car from damage. Examples of some claims that would be covered are colliding with a stationary object, collision with a deer, and damage caused by road hazards. The more you pay before a claim is paid (deductible), the lower your rates will be.
Discounts for married couples – Having a wife or husband actually saves money on your car insurance policy. Marriage demonstrates that you tend to be more mature than a single person and it’s proven that married drivers get in fewer accidents.
Safer the car lower the rate – Vehicles that have high safety ratings get lower rates. Safer cars reduce injuries and better occupant protection translates directly to fewer claims which can result in lower premiums. If your Pontiac Solstice 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 you are probably receiving a discount.
Do you really need roadside assistance? – There are a ton of additional coverages that you can get tricked into buying on your Solstice policy. Add-on coverages like coverage for rental cars, accident forgiveness, and membership fees may not be needed and are just wasting money. They may sound like good ideas when talking to your agent, but your money might be better spent on other coverage so consider taking them off your policy.
Deter theft and lower car insurance rates – Buying a car that has a built-in theft deterrent system can earn a premium discount. Theft deterrent systems like OnStar, LoJack tracking, and tamper alarms can thwart auto theft.
Affordable car insurance rates are possible
When buying insurance coverage, you should never buy lower coverage limits just to save a few bucks. In too many instances, consumers will sacrifice liability limits or collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. The aim is to purchase a proper amount of coverage at the lowest possible cost while still protecting your assets.
We just covered many tips how you can shop for Pontiac Solstice insurance online. It’s most important to understand that the more you quote Portland car insurance, the better your comparison will be. You may even discover the lowest priced car insurance comes from a smaller regional carrier. These smaller insurers often have lower rates on specific markets as compared to the big name companies such as GEICO and State Farm.
For more information, feel free to browse the articles below:
- All About Airbag Safety (State Farm)
- Who Has Cheap Car Insurance Rates for Veterans in Portland? (FAQ)
- Who Has Affordable Auto Insurance for a Chevrolet Equinox in Portland? (FAQ)
- How Much is Portland Auto Insurance for a Nissan Altima? (FAQ)
- How Much is Portland Auto Insurance for Infrequent Drivers? (FAQ)
- Who Has the Cheapest Portland Auto Insurance Rates for Electric Cars? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Safe Drivers in Portland? (FAQ)
- What Auto Insurance is Cheapest for Drivers Over Age 50 in Portland? (FAQ)
- Reducing Your Risks in a Car Crash Video (iihs.org)
- Safe Vehicles for Teens (iihs.org)
- What to do at the Scene of an Accident (Insurance Information Institute)
- Vehicle Safety Ratings (iihs.org)