Are Your Saturn L100 Car Insurance Rates Too High?

Finding better insurance prices for a Saturn L100 can normally be a lot of work, but you can learn these tips and make it easy. There are both good and bad ways to compare car insurance rates and we’ll show you the best way to get price quotes for a Saturn and obtain the lowest price either online or from local insurance agents.

Finding affordable coverage is quite easy. Essentially every vehicle owner who is shopping for car insurance most likely will be able to lower their premiums. But car owners do need to understand how big insurance companies price online insurance and take advantage of how the system works.

Car Insurance Comparison Rates

Effectively comparing car insurance prices can be a daunting task if you don’t understand the most efficient way. You can spend countless hours talking about coverages with insurance agencies in your area, or you could use the internet for quick rates.

Most of the larger companies take part in a program that enables customers to submit one quote, and each company can give them a price based on that data. This eliminates the need for quotation requests for each company.

To fill out one form to compare multiple rates now click here to open in new window.

The single downside to doing it this way is buyers cannot specifically choose the insurers you want to price. So if you want to choose individual companies to compare prices, we have assembled a list of companies who write car insurance in your area. Click to view list.

It’s up to you which method you use, but ensure you are comparing identical quote information with every price quote. If the quotes have different values for each quote you will not be able to make a fair comparison for your Saturn L100. Slightly different coverage limits can mean a large discrepancy in price. And when comparing car insurance rates, know that more quotes helps locate the best offered rates.

Lots of discounts mean lots of savings

Car insurance companies don’t list all available discounts in a way that’s easy to find, so here is a list some of the more common and also the lesser-known discounts you could be receiving.

Distant Student – Youth drivers living away from home attending college and don’t have a car can be insured at a reduced rate.
Employee of Federal Government – Being employed by or retired from a federal job can save as much as 8% on L100 coverage with certain companies.
Theft Prevention System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.
Military Rewards – Having a family member in the military could be rewarded with lower premiums.
Good Students Pay Less – A discount for being a good student can save 20 to 25%. The discount lasts until age 25.

A little note about advertised discounts, most discounts do not apply to the entire policy premium. Most only cut specific coverage prices like comprehensive or collision. Just because you may think all the discounts add up to a free policy, it doesn’t quite work that way.

To see a list of insurers with the best car insurance discounts, follow this link.

Saturn L100 rates are made up of many parts

An important part of buying insurance is that you know the rating factors that play a part in calculating the rates you pay for car insurance. Understanding what determines base rates helps enable you to make changes that will entitle you to better car insurance rates.

Consolidate policies to earn discounts – Some companies provide better rates to people who have multiple policies with them in the form of a multi-policy discount. If you currently are using one company, it’s in your best interest to compare rates to ensure the best deal. Drivers may still find better rates by buying car insurance from a different company.
Too many car insurance claims drive up costs – Companies award cheaper rates to drivers who are claim-free. If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
Safer occupants lowers premiums – Safer cars get lower rates. Safe vehicles result in less severe injuries and fewer injuries means less money paid by your insurance company and thus lower rates. If the Saturn L100 is rated 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.
Where you live – Choosing to live in a small town can be a good thing when it comes to car insurance. City drivers regularly have much more traffic and longer commute times. Fewer people translates into fewer accidents.
Proper usage rating affects rates – Driving more miles every year the more you’ll pay to insure your vehicle. Almost all companies charge to insure your cars based on their usage. Autos that are left in the garage receive lower rates compared to those used for work or business. Verify your car insurance coverage properly reflects the proper vehicle usage, because improper ratings can cost you money. Incorrect usage on your L100 may be wasting your money.
Is your vehicle built for speed? – The make and model of the car you own makes a big difference in your rates. Because the Saturn L100 is classified as a sedan, insuring your vehicle will cost about the same as compared to the average rate. Low performance passenger cars generally receive the lowest base rates, but there are many factors that impact the final cost.
Don’t buy coverages you don’t need – There are many add-on coverages you can purchase on your L100 policy. Coverages for roadside assistance, better glass coverage and term life insurance may be costing you every month. These coverages may sound good when talking to your agent, but if they’re wasting money eliminate them to save money.

Situations that might require an agent

When it comes to choosing adequate coverage, there really is not a perfect coverage plan. Every insured’s situation is different.

Here are some questions about coverages that might help in determining whether your personal situation may require specific advice.

What are the best liability limits?
What if I total my Saturn L100 and owe more than it’s worth?
Is my nanny covered when driving my vehicle?
Does my policy cover me when driving someone else’s vehicle?
Do no-fault laws apply in my state?
If my Saturn L100 is totaled, can I afford another vehicle?
What is covered by UM/UIM coverage?

If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form.

The fine print in car insurance ads

Car insurance companies such as GEICO, State Farm and Progressive regularly use ads in print and on television. They all seem to make the same claim that you can save if you move to their company. How does each company claim to save you money?

All the different companies are able to cherry pick for the type of driver that is profitable for them. For example, a driver they prefer could be over the age of 50, insures multiple vehicles, and chooses high deductibles. A driver who meets those qualifications gets the lowest rates and is almost guaranteed to save a lot of money.

Potential customers who are not a match for the “perfect” profile will be quoted more money which leads to the customer not buying. The ads state “people who switch” but not “drivers who get quotes” save that kind of money. This is how insurance companies can confidently advertise the savings. This emphasizes why it is so important to get as many comparisons as possible. It’s impossible to know the company that will fit your personal profile best.

Quote more, save more

When buying insurance coverage, you should never skimp on coverage in order to save money. There have been many cases where drivers have reduced liability coverage limits and discovered at claim time that the small savings ended up costing them much more. Your strategy should be to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

People change insurance companies for any number of reasons including high rates after DUI convictions, policy cancellation, denial of a claim or even delays in paying claims. Whatever your reason, finding a new company can be less work than you think.

Cheap Saturn L100 insurance can be bought from both online companies and also from your neighborhood agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance providers may not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.