6 Ways to Save on Oldsmobile Aurora Insurance

It’s important to understand that some credits don’t apply to the entire policy premium. Most only apply to specific coverage prices like collision or personal injury protection. If you do the math and it seems like you could get a free auto insurance policy, it’s just not the way it works.

Companies and their possible discounts are detailed below.

• GEICO policyholders can earn discounts including seat belt use, daytime running lights, multi-policy, defensive driver, and multi-vehicle.
• Travelers has discounts for home ownership, IntelliDrive, save driver, continuous insurance, and good student.
• Nationwide may have discounts that include accident-free, multi-policy, Farm Bureau membership, anti-theft, family plan, and business or organization.
• Farmers Insurance has savings for early shopping, bundle discounts, teen driver, multi-car, distant student, mature driver, and good student.
• Esurance includes discounts for homeowner, defensive driver, multi-policy, online quote, and Switch & Save.
• State Farm offers discounts for Drive Safe & Save, good driver, defensive driving training, multiple autos, and passive restraint.
• Progressive discounts include online signing, continuous coverage, multi-vehicle, multi-policy, homeowner, and good student.
• Mercury Insurance offers discounts including age of vehicle, low natural disaster claims, multi-policy, anti-theft, and good driver.

It’s a good idea to ask every company which discounts can lower your rates. Discounts may not apply to policyholders in your state.

Tailor your auto insurance coverage to you

When it comes to choosing proper insurance coverage, there is no perfect coverage plan. Everyone’s needs are different so your insurance needs to address that. For instance, these questions can help discover whether you might need an agent’s assistance.

• How much liability coverage do I need in my state?
• Am I covered when pulling a rental trailer?
• Can I rate high risk drivers on liability-only vehicles?
• Can I pay claims out-of-pocket if I buy high deductibles?
• Am I covered if I drive in a foreign country?
• When would I need additional glass coverage?
• Do I get a pro-rated refund if I cancel my policy early?

If you can’t answer these questions, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area.

Auto insurance coverage options for an Oldsmobile Aurora

Knowing the specifics of your auto insurance policy aids in choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and coverage can change by endorsement. These are typical coverage types offered by auto insurance companies.

Comprehensive coverages

This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as hitting a deer, damage from flooding, damage from a tornado or hurricane and fire damage. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability auto insurance

Liability coverage will cover damages or injuries you inflict on a person or their property by causing an accident. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as repair costs for stationary objects, emergency aid, structural damage, medical services and court costs. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Coverage for medical payments

Med pay and PIP coverage kick in for immediate expenses such as funeral costs, prosthetic devices and pain medications. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers you and your occupants as well as if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Coverage for collisions

Collision insurance pays for damage to your Aurora caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as backing into a parked car, hitting a parking meter, colliding with a tree, crashing into a building and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Oldsmobile Aurora.

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 is a good idea. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

One last thing

As you restructure your insurance plan, you should never buy less coverage just to save a little money. In too many instances, drivers have reduced uninsured motorist or liability limits and learned later that it was a big mistake. Your strategy should be to buy the best coverage you can find at the best cost, but do not sacrifice coverage to save money.

Throughout this article, we presented a lot of techniques to save on Oldsmobile Aurora insurance. It’s most important to understand that the more you , the better chance you’ll have of finding . You may be surprised to find that the most savings is with the smaller companies. They often have lower premium rates on specific markets as compared to the big name companies such as Progressive and GEICO.