The best way we recommend to find low-cost prices for Pontiac Grand Prix insurance is to compare prices annually from companies that sell auto insurance in El Paso.
- Step 1: Read and learn about car insurance and the things you can control to drop your rates. Many policy risk factors that cause high rates like multiple speeding tickets and poor credit history can be controlled by being financially responsible and driving safely. This article gives ideas to help reduce premium rates and get additional discounts that may have been overlooked.
- Step 2: Request price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from one company like GEICO or Farmers Insurance, while agents who are independent can quote rates from multiple companies. Compare rates now
- Step 3: Compare the new quotes to your existing coverage to see if a cheaper price is available in El Paso. If you find a lower rate and change companies, make sure coverage is continuous and does not lapse.
A crucial key to this process is that you use the same liability limits and deductibles on each price quote and to quote with as many carriers as you can. Doing this helps ensure a fair rate comparison and the best price quote selection.
It’s a known fact that insurance companies don’t want you to look at other companies. Insureds who compare other prices will probably buy a different policy because there is a great chance of finding coverage at a more affordable price. A recent survey found that consumers who made a habit of comparing rate quotes saved about $70 a month compared to people who never compared other company’s rates.
If finding the lowest price for auto insurance is your objective, then having some knowledge of how to shop and compare car insurance can help make the process easier.
Lowering your auto insurance rates is not a difficult process. The only requirement is to invest a little time comparing price quotes online with multiple companies.
It’s so simple to compare auto insurance price quotes online makes it a waste of time to physically go to different agent offices. The ability to quote Pontiac Grand Prix insurance online makes this process obsolete unless you require the advice and guidance of a licensed agent. Some companies do allow you to comparison shop your insurance online but buy the policy through an agent.
The car insurance companies shown below provide free rate quotes in El Paso, TX. If multiple companies are shown, we suggest you visit several of them to get the most competitive price.
Protect more than your vehicle
Even though El Paso Grand Prix insurance rates can get expensive, maintaining insurance is required in Texas but also provides important benefits.
- Most states have compulsory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability in order to drive the car. 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 have a lien on your Grand Prix, almost every bank will make it a condition of the loan that you buy insurance to guarantee payment of the loan. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Pontiac at an extremely high rate and require you to fork over a much higher amount than you were paying before.
- Insurance preserves both your vehicle and your personal assets. It also can pay for many types of medical costs that are the result of an accident. Liability coverage also covers legal expenses if anyone sues you for causing an accident. If your Pontiac gets damaged, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of insuring your car more than cancel out the cost, specifically if you ever have a liability claim. As of last year, the average driver in Texas is overpaying over $825 a year so compare quotes from several companies at every renewal to help ensure money is not being wasted.
Car insurance policy coverages for a Pontiac Grand Prix
Knowing the specifics of car insurance helps when choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.
Medical expense coverage – Coverage for medical payments and/or PIP reimburse you for bills like surgery, funeral costs and hospital visits. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage
Collision coverage – This coverage will pay to fix damage to your Grand Prix from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things such as colliding with another moving vehicle, crashing into a building, rolling your car, scraping a guard rail and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also bump up the deductible on your Grand Prix to bring the cost down.
Comprehensive protection – This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as damage from flooding, falling objects and a broken windshield. The highest amount your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your Pontiac Grand Prix.
Due to the fact that many Texas drivers only purchase the least amount of liability that is required (30/60/25 in Texas), it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time these coverages are identical to your policy’s liability coverage.
Liability coverages – This coverage provides protection from damage or injury you incur to other people or property. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 30/60/25 that translate to a $30,000 limit per person for injuries, a limit of $60,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.
Liability coverage pays for claims such as legal defense fees, court costs, structural damage and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible. Texas state law requires minimum liability limits of 30/60/25 but drivers should carry higher limits.
The illustration below shows why buying low liability limits may not be high enough to adequately cover claims.
Auto insurance companies ranked
Buying coverage from the highest-rated company is hard considering how many companies sell coverage in Texas. The information listed below may help you decide which auto insurers to look at to insure your vehicles.
Top 10 El Paso Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance