2007 Saab 9-5 Car Insurance Rates – 6 Savings Tips

Pretty sure you bought overpriced car insurance? Believe me, many drivers have buyer’s remorse. Insurance companies such as Geico, 21st Century and Progressive increase brand awareness with advertising and it can be hard to not get sucked in by the cute commercials and find the best price available.

If you have insurance now or need new coverage, you can use these techniques to cut your premiums while maximizing coverage. Buying car insurance is quite easy. Vehicle owners only need an understanding of the proper methods to buy insurance online.

These six discounts can cut car insurance rates

Companies that sell car insurance don’t always publicize every possible discount in an easy-to-find place, so the next list breaks down a few of the more well known as well as the least known credits available to bring down your rates.

• No Claims – Insureds with no claims or accidents have much lower rates in comparison to drivers with a long claim history.
• ABS Braking Discount – Cars equipped with ABS or steering control can stop better under adverse conditions and qualify for as much as a 10% discount.
• Student Driver Training – Make teen driver coverage more affordable by requiring them to complete a driver education course if offered at their school.
• Telematics Data – People who choose to allow driving data submission to study driving manner by using a small device installed in their vehicle such as Progressive’s Snapshot might get better premium rates as long as they are good drivers.
• Save over 55 – Mature drivers may qualify for lower premium rates for 9-5 coverage.
• Military Rewards – Being deployed in the military may lower your prices slightly.

While discounts sound great, it’s important to understand that some credits don’t apply to the overall cost of the policy. Some only reduce specific coverage prices like collision or personal injury protection. So when the math indicates you would end up receiving a 100% discount, companies wouldn’t make money that way.

Large car insurance companies and some of their more popular discounts are:

• Geico offers discounts including federal employee, multi-policy, good student, defensive driver, membership and employees, anti-theft, and emergency military deployment.
• Travelers may include discounts for hybrid/electric vehicle, home ownership, save driver, multi-policy, and new car.
• Farm Bureau has discounts for youthful driver, multi-vehicle, 55 and retired, multi-policy, good student, renewal discount, and driver training.
• Liberty Mutual may have discounts that include teen driver discount, multi-policy, hybrid vehicle, new vehicle discount, and exclusive group savings.
• American Family offers discounts for TimeAway discount, good student, defensive driver, mySafetyValet, early bird, and Steer into Savings.
• Progressive includes discounts for continuous coverage, homeowner, online signing, multi-vehicle, multi-policy, online quote discount, and good student.

If you need lower rates, check with all companies you are considering which discounts can lower your rates. All car insurance discounts might not be available to policyholders everywhere. To find insurance companies who offer discounts, click here.

How to compare free insurance quotes

Effectively comparing insurance prices is a ton of work if you don’t know the easiest way. You can spend your afternoon discussing policy coverages with insurance agencies in your area, or you could save time and use online quotes to get pricing more quickly.

Many companies enroll in a system that enables customers to only type in their quote data once, and each company then returns a price quote based on that information. This eliminates the need for form submissions to each individual insurance company.

To find out what other companies charge click here to open in new window.

The only downside to getting quotes like this is that you can’t choose the providers to get pricing from. So if you want to choose individual companies to compare rates, we put together a list of companies who write insurance in your area. Click here for list of insurance companies.

Whichever method you choose, make absolute certain that you use identical coverage limits on every quote. If you use different limits and deductibles on each one you can’t possibly determine the lowest rate for your Saab 9-5.

When do I need an agent’s advice?

When buying coverage for your personal vehicles, there is no perfect coverage plan. Everyone’s situation is unique so this has to be addressed. For example, these questions could help you determine if your insurance needs would benefit from professional advice.

• How high should deductibles be on a 2007 Saab 9-5?
• Am I covered if I break a side mirror?
• Does coverage extend to a rental car in a foreign country?
• Should I buy more coverage than the required minimum liability coverage?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Are split liability limits better than a combined single limit?
• What happens if I owe more than my 2007 Saab 9-5 is worth?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and can provide invaluable advice.

Car insurance coverage information

Knowing the specifics of your insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages offered by insurance companies.

Medical costs insurance

Med pay and PIP coverage provide coverage for immediate expenses for things like pain medications, nursing services, doctor visits, chiropractic care and prosthetic devices. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

Your UM/UIM coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Saab 9-5.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Comprehensive or Other Than Collision

This pays for damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hail damage, vandalism, a broken windshield and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision protection

This coverage pays to fix your vehicle from damage caused by collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like sideswiping another vehicle, colliding with a tree, backing into a parked car and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Liability coverage

Liability insurance protects you from damage that occurs to people or other property. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers claims like emergency aid, loss of income, medical expenses and pain and suffering. How much liability coverage do you need? That is a personal decision, but consider buying as large an amount as possible.

Don’t be a big spender

Lower-priced insurance coverage is possible online in addition to many insurance agents, and you need to price shop both to get a complete price analysis. Some companies may not offer the ability to get quotes online and many times these regional carriers only sell through local independent agencies.

We just showed you many ways to reduce 2007 Saab 9-5 insurance car insurance rates online. The key thing to remember is the more you quote insurance, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with a company that doesn’t do a lot of advertising. Some small companies may cover specific market segments cheaper than the large multi-state companies such as State Farm and Allstate.

Additional insurance coverage information can be read at these links:

• Older Drivers FAQ (iihs.org)
• Get the Right Protection (InsureUonline.org)
• How do I File a Claim? (Insurance Information Insitute)
• Collision Insurance Coverage (Nationwide)
• Airbag FAQ (iihs.org)
• Eight Auto Insurance Myths (Insurance Information Insitute)