Penny Pincher Insurance for your Saab 9-5
If comparing car insurance was easy, most of us would do it more often. But unfortunately, it's difficult for a lot of people and we always seem to pay more than we should. You probably feel the same way about finding lower cost coverage for your Saab 9-5.
Step One: Compare Multiple Rates
In years past, the only way to purchase car insurance was to visit the office of a local agent. Times have changed!
Comparing apples-to-apples price quotes for your Saab 9-5 is made easy by only requiring one form to be completed. This will shop your coverage with multiple companies and allow you to easily compare rates.
To find affordable coverage for your Saab 9-5, the first step is to click the link below and complete the short form.
Use the Same Coverages! It's really important that when doing multiple quotes for your 9-5 that you use identical coverages for liability, comprehensive and collision. If you use different values, it's impossible to determine which company has the lower rates.
Step Two: How to Save on 9-5 Insurance
After completing step one above, you can now learn some of the other ways to slash your 9-5 insurance costs.
- When insuring your Saab 9-5, expect to pay a little more due to the higher performance of the vehicle. On your next purchase consider a lower performance vehicle to save on insurance.
- If you have a high credit score, you will be rewarded with lower insurance rates. Conversely, if your credit rating is on the low site, your rates will be higher.
- Repair costs generally trend higher as the price of a vehicle goes up. So by owning a 9-5, you can expect higher repair bills and also higher insurance rates because of this.
- Comprehensive and collision coverages make up the majority of your car insurance bill. If you raise your deductibles, you can will see significant savings with every policy renewal.
- Smaller claims that hardly exceed your deductible are better off not being filed with your insurance company. Policyholders with no claims enjoy lower rates than those who frequently file claims.
- Membership has it's privleges. If you're a member of a professional organization, check to see if your company offers discounts to its members. It can add up to 5% or more.
- Minor driving violations such as speeding tickets can cause your rates to go up. Too many violations in a short period of time will cause your policy to be non-renewed.
- If your city or county offers a driver's safety course, find out if your insurance company will give you a discount to complete it. It could save you up to 10%.
- Allowing your insurance to lapse for any length of time will increase the cost of a new policy. Always keep coverage in force.
- Safety features such as passive restraints and air bag systems help reduce injuries in and accident, and car insurance companies will charge lower rates if these features are present.
- For some reason, car theives target particular makes and models more than others. If your 9-5 is on the list of the top stolen cars, you might want to install an extra theft deterrent system just to be safe.
- Teen drivers are expensive to insure and the only way to lower your rates is to rate them on an older vehicle with basic liability coverage.
- Renters will find they may be paying more for insurance as compared to homeowners. Owning a home can often get you a small discount on your car insurance.
Step Three: Select the Best Company for Your Needs
If you have found a good price by comparing quotes and also made informed decisions regarding policy limits, deductibles and other policy options that are available, you can now purchase the policy and bind coverage.
It's easiest to cancel an old policy at the renewal date, but you can cancel it anytime. Just make sure you have the new policy effective the date you cancel your old policy in order to avoid any lapse in coverage.
If this is a new policy with only the Saab on it, be sure to have coverage before leaving the dealership or car lot. If you're adding it to an existing policy, you have anywhere from 15 to 30 days depending on the company. If you have a current policy and you only carry liability coverage, then that's the only coverage that will automatically extend to your 9-5. But if you currently carry full coverage, comprehensive and collision coverage will extend to your new vehicle.
Once you finish buying your new policy, you will need to print out the proof-of-insurance card that is provided by your new company. This card is proof that you meet the state's minimum liability limits and is required to be kept in your vehicle. If your state requires you to file an SR-22 for being a high-risk driver, make sure your new company is aware of this requirement. Failure to comply can result in loss of your driver's license.
More Insurance Buying Tips
The Insurance Information Institute website has a great library of car insurance topics that cover claims, replacement parts, rental cars and more.
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