Affordable Saab 9-5 Insurance in Portland

It’s safe to assume that insurance companies don’t want you to look for a cheaper policy. Insureds who get comparison quotes at least once a year are likely to buy a new policy because there is a significant possibility of finding more affordable rates. A recent auto insurance study discovered that consumers who compared prices regularly saved over $865 annually compared to those who never shopped for cheaper rates.

If finding budget-friendly rates on Saab 9-5 insurance is why you’re here, then having some knowledge of the best ways to find and compare car insurance can save time and make the process easier.

Insurance rates Saab 9-5 in PortlandTruthfully, the best way to save on car insurance rates is to compare prices once a year from companies that insure vehicles in Portland.

One important bit of advice is to use the same coverage limits and deductibles on every quote request and and to analyze all possible companies. Doing this enables a fair price comparison and a complete price analysis.

Auto insurance discounts help lower rates for Saab 9-5 insurance in Portland

Companies that sell car insurance don’t always list every discount they offer in an easy-to-find place, so the below list has both the well known as well as the least known credits that you can use to lower your rates.Auto insurance discounts

A little note about advertised discounts, many deductions do not apply to all coverage premiums. Most only reduce the cost of specific coverages such as comp or med pay. Just because it seems like you can get free auto insurance, you’re out of luck.

The diagram below visualizes the comparison of Saab 9-5 premium costs with and without discounts. The price estimates are based on a male driver, no tickets, no at-fault accidents, Oregon state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, safe-driver, homeowner, and marriage discounts applied.

A list of companies and some of the premium reductions they offer are detailed below.

When comparing rates, check with every company which discounts can lower your rates. Some of the earlier mentioned discounts may not apply to policies in every state. To choose companies that provide some of the discounts listed above in Portland, click here.

When comparison shopping, comparing more quotes increases your odds of finding more affordable insurance.

The companies in the list below can provide comparison quotes in Oregon. To buy the best auto insurance in Portland, OR, it’s highly recommended you get rate quotes from several of them in order to get a fair rate comparison.

Analysis of coverages

The coverage table displayed below outlines different coverage costs for Saab 9-5 models. Having insight into how rates are calculated is important for you to make decisions when shopping around.

Saab 9-5 Insurance Rates in Portland, OR
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
9-5 Aero XWD 4-Dr Sedan $380 $786 $432 $26 $130 $1,754 $146
Get Your Own Custom Quote Go

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Oregon minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Estimates do not factor in the specific area where the vehicle is garaged which can decrease or increase premiums substantially.

Deductible comparison

The hardest decision when buying coverage is where to set your physical damage deductibles. The tables below may aid in understanding how much more you’ll pay between low and high comp and collision deductibles. The first data table uses a $250 deductible for physical damage and the second rate table uses a $1,000 deductible.

Saab 9-5 insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
9-5 Aero XWD 4-Dr Sedan $342 $638 $320 $18 $96 $1,439 $120
Get Your Own Custom Quote Go

Saab 9-5 insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
9-5 Aero XWD 4-Dr Sedan $212 $402 $320 $18 $96 $1,048 $87
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Rate information does not factor in zip code location which can increase or decrease rates noticeably.

Based on the data above, we can derive that using a $250 deductible would cost the average driver about $33 more each month or $396 annually averaged for all 9-5 models than requesting the higher $1,000 deductible. Since you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you have more than 23 months between claim filings, you would save more money if you choose a higher deductible. The numbers below show a better example of how this decision is made.

Average monthly premium for $250 deductibles: $120
Average monthly premium for $1,000 deductibles (subtract): – $87
Monthly savings from raising deductible: $33
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $33
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

One big caveat is that a higher deductible level means you will have to cover more of the damage yourself when you have a physical damage claim. You must have enough extra money in order to pay the deductible to have repairs made.

Cost difference between full coverage and liability

The example below compares Saab 9-5 auto insurance rates with full physical damage coverage compared to only buying liability only. The premiums assume no accidents or driving violations, $250 deductibles, single marital status, and no discounts are applied.

When to stop buying full coverage

There is no definitive formula for eliminating full coverage on your policy, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than around 10% of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s pretend your Saab 9-5 claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $5,000 after the policy deductible has been paid. If you are paying over $500 a year for physical damage coverage, then it’s probably a good time to buy liability coverage only.

There are some circumstances where eliminating full coverage is not advised. If you still have a loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not drop full coverage.

Don’t assume everyone needs the same auto insurance coverage

Keep in mind that when it comes to choosing adequate coverage for your personal vehicles, there really is no cookie cutter policy. Your needs are not the same as everyone else’s.Auto insurance savings

For instance, these questions can aid in determining whether your personal situation will benefit from professional help.

If you can’t answer these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Auto insurance quotes from local Portland insurance agencies

Some people prefer to go talk to an agent and that is just fine! A good thing about comparing rate quotes online is you can get lower premium rates and still buy from a local agent.

After filling out this quick form, your information is transmitted to agents in your area that can provide free Portland auto insurance quotes for your insurance coverage. You won’t even need to leave your house because quoted prices will be sent directly to you. You can find better rates and work with a local agent. If you wish to compare rates from a specific insurance company, just navigate to their website to submit a rate quote request.

Finding the right insurance company requires you to look at more than just a cheap quote. The answers to these questions are important, too.

If you are wanting to purchase auto insurance from a local Portland insurance agency, it can be helpful to understand the types of agencies and how they differ in how they can insure your vehicles. Portland agents are either independent agents or exclusive agents depending on their employer.

Exclusive Agencies

Agents of this type generally can only insure with one company and examples are Farmers Insurance and State Farm. They are unable to give you multiple price quotes so always compare other rates. Exclusive insurance agents are well schooled on the products they sell which helps overcome the inability to quote other rates.

Listed below are exclusive agencies in Portland that are able to give price quote information.

6305 SE Powell BlvdPortland, OR 97206(503) 771-2579View Map

1516 NE 15th AvePortland, OR 97232(503) 287-3757View Map

4000 SE 82nd Ave #1400Portland, OR 97266(503) 777-6762View Map

More Portland agents

Independent Insurance Agents

Independent insurance agents are not employed by any specific company so they have the ability to put coverage with multiple insurance companies and find the cheapest auto insurance rates. If you want to switch companies, your agent can just switch to a different company and that require little work on your part.

If you need lower rates, you definitely need to contact multiple independent agents for the best price selection.

The following are independent insurance agencies in Portland that can give you rate quotes.

10402 NE Sandy BlvdPortland, OR 97220(503) 256-2020View Map

8037 SE Stark StPortland, OR 97215(503) 760-6826View Map

3332 N Lombard StPortland, OR 97217(503) 285-2546View Map

More Portland agents

More comparisons equals affordable rates

We just showed you some good ideas how to lower your Saab 9-5 insurance premium rates in Portland. It’s most important to understand that the more price quotes you have, the better your comparison will be. You may even discover the lowest premium rates are with the smaller companies.

People leave their current company for a variety of reasons including high prices, lack of trust in their agent, policy cancellation or not issuing a premium refund. Regardless of your reason, choosing a new company can be less work than you think.

When trying to cut insurance costs, do not reduce needed coverages to save money. There have been many cases where someone sacrificed liability limits or collision coverage only to regret that it was a big mistake. The ultimate goal is to buy a smart amount of coverage for the lowest cost but still have enough coverage for asset protection.

Even more information can be found in the articles below: