How long have you put off shopping around for the cheapest Pontiac G6 insurance in El Paso? Do you get exhausted from wondering where the money will come from to make your insurance payment? Your situation is no different than the majority of other vehicle owners in Texas.
It’s well known that insurance companies want to keep your business as long as possible. Insureds who compare other rates are very likely to switch companies because there is a great chance of finding lower prices. A recent insurance study discovered that people who did price comparisons regularly saved as much as $72 a month compared to drivers who never compared rates.
If finding low prices for insurance in El Paso is your ultimate target, then knowing how to shop and compare insurance can help simplify the task of finding more affordable coverage.
Many car insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurance companies to get the best rate on Pontiac G6 insurance in El Paso.
Smart consumers take time to take a look at other company’s rates quite often because prices go up and down regularly. If you had the lowest rates on Pontiac G6 insurance in El Paso at your last renewal the chances are good that you can find a lower premium rate today. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the fastest and easiest way to eliminate unnecessary coverages and save money on Pontiac G6 insurance in El Paso.
If you already have coverage, you will be able to cut your premiums using the techniques covered below. Finding the cheapest car insurance coverage in El Paso is quite easy if you know the best way to do it. But Texas consumers can benefit from knowing the methods companies use to compete online and take advantage of how the system works.
Compare El Paso Pontiac G6 insurance rate quotes
When comparison shopping, comparing all the rates in your area helps locate the best offered rates. Not every company provides online rate quotes, so you also need to get rates from them as well.
The car insurance companies shown below provide comparison quotes in Texas. If multiple companies are listed, we recommend you compare several of them in order to get a fair rate comparison.
Analysis of Pontiac G6 rates
The rate information shown below covers a range of coverage costs for Pontiac G6 models. Learning a little about how car insurance prices are calculated helps drivers make informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| G6 4-Dr Sedan | $266 | $492 | $514 | $30 | $154 | $1,456 | $121 |
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Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Rate information does not factor in specific garaging location which can increase or decrease rates substantially.
Can higher deductibles save money?
When shopping for auto insurance, a common question is where should you set your physical damage deductibles. The comparison tables below can help you visualize the price difference between high and low insurance deductibles. The first set of prices uses a $250 physical damage coverage deductible and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| G6 4-Dr Sedan | $294 | $496 | $382 | $22 | $114 | $1,333 | $111 |
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| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| G6 4-Dr Sedan | $240 | $400 | $382 | $22 | $114 | $1,158 | $97 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Premium amounts do not factor in garaging location in El Paso which can alter premium rates significantly.
Based on the data above, we can derive that using a $250 deductible will cost in the ballpark of $14 more each month or $168 for a full year than quoting the higher $500 deductible. Since you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you have more than 18 months between claims, you would more than likely save some money if you decide on a higher deductible.
Accidents and violations increase rates
The chart below shows how traffic citations and fender-benders can affect Pontiac G6 annual premium costs for different age groups. The prices are based on a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.
Does it make sense to buy full coverage?
The illustration below compares Pontiac G6 annual premium costs with full physical damage coverage and with liability coverage only. Data assumes no tickets, no at-fault accidents, $250 deductibles, drivers are single, and no additional discounts are factored in.
Should you pay for full coverage?
There is no set guideline for dropping physical damage coverage, but there is a general guideline you can use. If the annual cost of having full coverage is 10% or more of replacement cost minus your deductible, then it could be time to drop full coverage.
For example, let’s say your Pontiac G6 replacement cost is $3,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after paying the physical damage deductible. If you are paying more than $200 annually for full coverage, then you may want to consider only buying liability coverage.
There are some situations where removing full coverage is not recommended. If you haven’t satisfied your loan, you have to maintain full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should keep full coverage.
Car insurance is not optional in Texas
Even though it’s not necessarily cheap to insure a Pontiac in El Paso, maintaining insurance is required for several reasons.
- Almost all states have mandatory insurance requirements which means you are required to carry specific minimum amounts of liability coverage if you drive a vehicle. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you took out a loan on your Pontiac, most banks will require you to have insurance to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the bank will be required to insure your Pontiac for a much higher rate and require you to reimburse them for the expensive policy.
- Car insurance protects your Pontiac G6 and your assets. It will also pay for many types of medical costs for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if you are sued as the result of an accident. If your car is damaged in a storm or accident, your policy will pay to have it repaired.
The benefits of carrying enough insurance outweigh the cost, especially for larger claims. In a recent study of 1,000 drivers, the average customer is overpaying more than $810 a year so compare rates at every policy renewal to make sure the price is not too high.
Lower Your El Paso Insurance Costs
It’s important that you understand the different types of things that are used to determine auto insurance rates. If you have a feel for what determines premiums, this empowers consumers to make smart changes that will entitle you to better auto insurance rates. Many factors are used in the calculation when you get your auto insurance bill. Some factors are common sense like your driving record, but others are less obvious like where you live and annual miles driven.
Liability coverage – Liability coverage kicks in in the event that you are determined to be liable for causing damage or personal injury in an accident. It provides legal defense coverage to attempt to prove you were not liable. Liability is cheap when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
Do you know you’re credit history? – Having a bad credit score can be an important factor in your rate calculation. People that have high credit ratings tend to be better drivers and file fewer claims than drivers with lower ratings. If your credit history is lower than you’d like, you could potentially save money when insuring your Pontiac G6 by improving your credit score.
Safety first – Cars with high safety ratings can get you lower premiums. Safe vehicles reduce injuries and fewer injuries means lower claim amounts and cheaper rates on your policy.
Rates for males may be higher – Over time, data shows that men are more aggressive behind the wheel. The data does not necessarily mean that females are better drivers. They both are in fender benders at about the same rate, but men tend to have higher claims. Men also statistically receive more major tickets like DUI and reckless driving.
The chart below visualizes the comparison of Pontiac G6 insurance costs for male and female drivers. The prices are based on no claims or driving citations, full coverage, $250 deductibles, single marital status, and no additional discounts are factored in.
The type of car, truck or SUV you drive affects your rates – The type of car you need insurance for makes a big difference in your auto insurance rates. Economy passenger vehicles usually have the lowest premiums, but the final cost of insurance is determined by many other factors.
The following data is based on a married female driver age 20, full coverage with $500 deductibles, and no discounts or violations. The chart compares Pontiac G6 insurance rates compared to other makes and models that have a range of performance risks.
Your vocation can affect rates – Did you know your job can affect your rates? Jobs such as military personnel, police officers, and emergency personnel have higher average rates in part from stressful work requirements and incredibly demanding work hours. On the flip side, jobs such as scientists, students and homemakers receive lower rates.
Bundle policies and save money – The majority of companies provide a discount to people who carry more than one policy such as combining an auto and homeowners policy. Even with this discount applied, you may still want to get quotes from other companies to make sure you are getting the best deal.
Don’t give up on cheaper premiums
You just read some good ideas how to lower your Pontiac G6 insurance prices in El Paso. It’s most important to understand that the more times you quote, the better chance you’ll have of finding affordable El Paso car insurance quotes. Drivers may even discover the lowest prices come from a company that doesn’t do a lot of advertising. Regional companies may only write in your state and offer lower rates than the large multi-state companies such as Allstate and Progressive.
Cheaper Pontiac G6 insurance in El Paso can be sourced both online and with local El Paso insurance agents, so you should compare both to get a complete price analysis. Some insurance companies do not offer rates over the internet and many times these regional insurance providers only sell coverage through independent agencies.
As you go through the steps to switch your coverage, you should never buy less coverage just to save a little money. In too many instances, consumers will sacrifice comprehensive coverage or liability limits and found out when filing a claim that the small savings ended up costing them much more. Your aim should be to buy a smart amount of coverage for the lowest cost but still have enough coverage for asset protection.
Steps to finding low-cost Pontiac G6 insurance in El Paso
The recommended way to find better pricing on car insurance rates in El Paso is to regularly compare quotes from providers who sell auto insurance in Texas.
- First, get an understanding of how companies price auto insurance and the measures you can control to prevent expensive coverage. Many risk factors that cause high rates such as at-fault accidents, speeding tickets, and a less-than-favorable credit rating can be remedied by making small lifestyle or driving habit changes.
- Second, compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO or State Farm, while agents who are independent can quote rates from many different companies. Start a quote
- Third, compare the price quotes to the price on your current policy to see if cheaper G6 coverage is available. If you can save money and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
One tip to remember is to try to compare similar deductibles and liability limits on each quote and and to compare as many companies as feasibly possible. Doing this provides a fair rate comparison and a thorough price selection.
Helpful information
- How to Avoid Common Accidents (State Farm)
- Smart Auto Insurance Tips (Insurance Information Institute)
- New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Distracted Driving (Insurance Information Institute)