Find Cheaper Pontiac Vibe Insurance in Cincinnati

Are you trying to find the cheapest car insurance rates in Cincinnati, OH? Cincinnati drivers have a choice when trying to find affordable Pontiac Vibe insurance. You can either waste hours calling around trying to get quotes or use the internet to compare rates.

There are more efficient ways to find car insurance online and you need to know the proper way to quote coverages on a Pontiac and find the cheapest rates from both online companies and Cincinnati agents.

The goal of this article is to instruct you on the best way to quote coverages and also pocket some savings If you currently have a car insurance policy, you will most likely be able to shop for the lowest rates using these tips. Drivers only need an understanding of the most efficient way to compare prices from multiple carriers.

The following companies can provide price quotes in Cincinnati, OH. To find cheap car insurance in Cincinnati, we recommend you get price quotes from several of them to get the most affordable price.

Insurance coverage analysis

The coverage table shown below showcases a range of policy rates for Pontiac Vibe models. Learning as much as possible about how prices are figured can help customers make decisions when shopping around.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Premium costs do not factor in specific Cincinnati garaging location which can influence coverage prices greatly.

Analysis of deductible levels

The hardest decision when buying coverage is which deductibles should you choose. The rates shown below may help to illustrate the differences in price when you choose different physical damage deductibles. The first set of prices uses a $100 physical damage deductible and the second data table uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Estimates do not factor in specific Cincinnati garaging location which can modify rates significantly.

Based on this data, we can arrive at the conclusion that using a $100 deductible will cost in the ballpark of $26 more each month or $312 each year than quoting the higher $1,000 deductible. Because you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally go at a minimum 35 months between claim filings, you would more than likely save some money going with the higher deductible. Here is the way you can do this calculation yourself.

The illustration below illustrates how your deductible choice and can change Pontiac Vibe yearly insurance costs for different ages of insureds. Data assumes a married male driver, comprehensive and collision coverage, and no discounts are factored in.

Cost of full coverage

The example below shows the comparison of Pontiac Vibe insurance prices with and without full coverage. The premiums are based on no accidents, no driving violations, $500 deductibles, single marital status, and no policy discounts are applied.

When to drop comprehensive and collision coverage

There is no clear-cut rule of when to exclude comp and collision coverage, but there is a general school of thought. If the annual cost of having full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your Pontiac Vibe book value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $2,000 after the deductible is paid. If you are currently paying more than $200 a year for full coverage, the it may be a good time to stop paying for full coverage.

There are a few situations where dropping full coverage is not a good plan. If you still have a lienholder on your title, you are required to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.

Insurance Cost Influencing Factors

Multiple criteria are part of the calculation when you quote your car insurance policy. Some of the criteria are obvious such as traffic violations, but other factors are not quite as obvious such as whether you are married or how safe your car is. A large part of saving on auto insurance is knowing some of the elements that help calculate the rates you pay for auto insurance. When you know what positively or negatively influences your rates, this helps enable you to make changes that can earn you cheaper rates.

• Job stress can affect prices – Jobs like real estate brokers, police officers, and emergency personnel are shown to have higher rates than the rest of us attributed to stressful work requirements and lots of time spent away from family. Conversely, careers like farmers, students and retirees have lower than average premiums.
• Extra policy coverages you don’t need – Policies have additional extra coverages that you can buy when buying auto insurance. Coverages like roadside assistance, accident forgiveness, and term life insurance are some examples. These coverages may sound good initially, but if they’re wasting money think about removing them and cutting costs.
• Vehicle options impact rates – Selecting a car model with advanced anti-theft systems can save you a little every year. Advanced theft deterrents such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your car from being stolen.

• Youthful drivers pay higher rates – Mature drivers have been proven to be more responsible, file fewer claims, and are safer drivers. Inexperience drivers have a tendency to get distracted easily with other occupants in the car and because of this, their auto insurance rates are much higher.

  The following chart is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.

• Infrequent drivers can save – The more miles you rack up on your Pontiac in a year the more it will cost to insure it. Many insurance companies calculate rates based upon how the vehicle is primarily used. Autos not used for work or commuting can be on a lower rate level as compared to vehicles used primarily for driving to work. Verify your auto insurance policy reflects the correct usage for each vehicle, because it can save money. Having an incorrect usage rating on your Vibe can result in significantly higher rates.
• Too many auto insurance claims will drive rates up – Insurance companies in Ohio give better rates to drivers who file claims infrequently. If you’re an insured who likes to file claims you can look forward to higher premiums or even policy non-renewal. Auto insurance is designed for more catastrophic claims.
• Marriage brings a discount – Having a wife or husband may cut your premiums on your auto insurance policy. Having a significant other may mean you are more mature than a single person and statistics show being married results in fewer claims.
• Cheaper premiums for prior coverage – Driving without insurance coverage in place is a big no-no and you will pay a penalty because you let your coverage lapse. In addition to paying higher rates, the inability to provide proof of insurance could result in a steep fine or even jail time.

Car insurance is not optional but you don’t have to overpay

Despite the high cost of buying insurance for a Pontiac Vibe in Cincinnati, insuring your vehicle may not be optional for several reasons.

First, almost all states have compulsory liability insurance requirements which means you are required to buy specific limits of liability coverage if you don’t want to risk a ticket. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you have a loan on your Pontiac Vibe, more than likely the lender will make it a condition of the loan that you carry insurance to guarantee payment of the loan. If you let the policy lapse, the bank or lender will purchase a policy for your Pontiac for a much higher rate and force you to pay the higher price.

Third, insurance safeguards both your Pontiac and your personal assets. Insurance will pay for most medical and hospital costs that are the result of an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, your policy will pay to restore your vehicle to like-new condition.

The benefits of buying enough insurance more than cancel out the cost, particularly when you have a large claim. The average driver in Ohio is overpaying over $800 each year so it’s important to compare rates once a year at a minimum to help ensure money is not being wasted.

Best auto insurance in Ohio

Finding a high-quality auto insurance company can be rather challenging considering how many companies are available to choose from in Cincinnati. The ranking information shown below may help you choose which providers to look at shopping your coverage with.

Top 10 Cincinnati Car Insurance Companies by A.M. Best Rank

1. USAA – A++
2. GEICO – A++
3. Travelers – A++
4. State Farm – A++
5. Allstate – A+
6. Progressive – A+
7. Erie Insurance – A+
8. The Hartford – A+
9. Nationwide – A+
10. Esurance – A+

Top 10 Cincinnati Car Insurance Companies Overall

1. USAA
2. 21st Century
3. GEICO
4. Nationwide
5. AAA Insurance
6. Liberty Mutual
7. Safeco Insurance
8. State Farm
9. Travelers
10. American Family