Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Trust us, you’re not alone. There are many insurers to pick from, and though it is a good thing to have multiple companies, it can be more challenging to compare rates and find the lowest cost auto insurance.
Consumers need to price shop coverage once or twice a year due to the fact that insurance rates go up and down regularly. If you had the lowest rates for LS2 insurance two years ago a different company probably has better rates today. So just forget all the misinformation about auto insurance because we’re going to show you the fastest way to save on auto insurance.
Where Can I Get Cheap Auto Insurance?
Getting better Saturn LS2 auto insurance pricing isn’t really that difficult. Drivers just need to spend a little time getting comparison quotes provided by online insurance companies. This is very easy and can be done in a couple of different ways.
The most efficient way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This form saves time by eliminating separate quote forms for every auto insurance company. One quote request gets rate comparisons from multiple companies.
Another way to find lower rates consists of visiting the website of each company and complete a new quote form. For instance, we’ll pretend you want comparison quotes from Nationwide, Esurance and Progressive. To get each rate you have to take the time to go to each site and enter your policy data, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.
It’s up to you how you get prices quotes, just double check that you are using exactly the same coverages and limits for each price quote. If you are comparing different limits and deductibles on each one it’s not possible to determine which rate is truly the best.
Don’t pay full price with these discounts
Insurance can cost an arm and a leg, but you can get discounts to help offset the cost. Certain discounts will be applied when you complete an application, but lesser-known reductions have to be asked about before you get the savings. If you aren’t receiving every discount possible, you are throwing money away.
- Braking Control Discount – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
- Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts can get savings of up to 25% or more.
- Fewer Miles Equal More Savings – Fewer annual miles on your Saturn could be rewarded with lower rates on the low mileage vehicles.
- Lower Rates for Military – Having a family member in the military could mean lower rates.
- Auto/Home Discount – If you have multiple policies with one company you could get a discount of at least 10% off all policies.
Consumers should know that most of the big mark downs will not be given to the entire cost. Most only cut individual premiums such as liability and collision coverage. Just because it seems like adding up those discounts means a free policy, auto insurance companies aren’t that generous. Any qualifying discounts will cut your overall premium however.
To see a list of providers with discount auto insurance rates, click here.
These factors can influence Saturn LS2 insurance rates
It’s important that you understand the different types of things that come into play when calculating the price you pay for auto insurance. When you know what positively or negatively determines base rates helps enable you to make changes that could result in big savings.
- Don’t skimp on liability – The liability section of your policy provides coverage when a jury decides you are liable for damages from an accident. Liability insurance provides legal defense coverage which can be incredibly expensive. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not skimp.
- Don’t get talked into coverage you don’t need – There are a ton of add-on coverages that you can buy on your LS2 policy. Coverages for vanishing deductibles, towing coverage and membership fees may be costing you every month. They may seem good at first, but your needs may have changed so eliminate them to save money.
- Younger drivers pay higher rates – Older insureds are more cautious drivers, file fewer claims and get fewer tickets. Teen drivers tend to be more careless when behind the wheel and because of this, their auto insurance rates are much higher.
- Lower rates with optional equipment – Choosing a vehicle with an alarm system can help bring down rates. Anti-theft features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart your car from being stolen.
- Your job and insurance rates – Did you know your job can affect your rates? Careers like real estate brokers, executives and dentists tend to have the highest average rates due to high stress and long work hours. Other jobs such as actors, historians and homemakers receive lower rates for LS2 insurance.
Are auto insurance companies telling the truth?
Consumers constantly see and hear ads for cheaper car insurance from the likes of State Farm and Allstate. All the companies say the same thing that you can save after switching your coverage to them.
But how can every company make the same claim?
Insurance companies have a preferred profile for the driver they prefer to insure. An example of a desirable insured could be between 25 and 40, insures multiple vehicles, and drives less than 7,500 miles a year. A customer who meets those qualifications will get the preferred rates and is almost guaranteed to save a lot of money.
Potential customers who are not a match for this ideal profile must pay a more expensive rate and ends up with the driver buying from a lower-cost company. The ad wording is “people who switch” not “everyone that quotes” save that kind of money. This is how insurance companies can confidently make the claims of big savings.
This illustrates why you should compare many company’s rates. It’s just too difficult to predict the company that will fit your personal profile best.
More comparisons equals lower rates
Cheap Saturn LS2 insurance can be found from both online companies as well as from independent agents, so compare prices from both in order to have the best price selection to choose from. Some companies don’t offer online price quotes and most of the time these regional insurance providers sell through independent agents.
When buying insurance coverage, do not sacrifice coverage to reduce premiums. In too many instances, someone sacrificed physical damage coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to get the best coverage possible for the lowest price while still protecting your assets.
In this article, we presented some good ideas how to save on Saturn LS2 insurance. The key thing to remember is the more rate quotes you have, the higher your chance of finding lower rates. You may be surprised to find that the lowest rates come from a small local company. Regional companies may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate and Progressive.
