Compare Saab 9-5 Insurance Rate Quotes in Honolulu

Scraping up a payment for pricey Saab 9-5 insurance in Honolulu can bottom out your monthly budget and make it hard to pay other bills. Comparing cost estimates can be a smart way to slash your bill and have more diposable income.

Insurance rates Saab 9-5 in HonoluluIt’s a fact that insurance companies don’t want policyholders to compare prices from other companies. People who shop around annually are likely to buy a different policy because they stand a good chance of finding more affordable rates. A study showed that people who make a habit of shopping around saved approximately $850 each year compared to other drivers who never compared prices.

If finding the cheapest price for Saab 9-5 insurance is the reason you’re here, then having some knowledge of the best ways to find and compare car insurance can help you succeed in finding affordable rates.

Steps to saving money on Saab 9-5 insurance in Honolulu

The preferred way to get cheaper car insurance rates is to compare prices once a year from providers who sell auto insurance in Honolulu.

First, try to comprehend the coverage provided by your policy and the changes you can make to keep rates down. Many factors that result in higher prices like at-fault accidents and poor credit history can be rectified by improving your driving habits or financial responsibility.

Second, request price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from a single company like GEICO and State Farm, while independent agents can provide prices for many different companies.

Third, compare the new rates to your existing policy to see if a cheaper price is available in Honolulu. If you find a better price and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.

Fourth, give notification to your agent or company to cancel your current car insurance policy. Submit the completed application along with a down payment to the new company. When you receive it, place the new proof of insurance certificate along with the vehicle’s registration papers.

One bit of advice is to make sure you enter the same physical damage deductibles and liability limits on each quote and and to get rates from as many different insurance providers as possible. This guarantees a level playing field and a complete selection of prices.

Vehicle owners have so many insurers to buy insurance from, and though it is a good thing to have a choice, it can be more challenging to get the best deal for Saab 9-5 insurance in Honolulu.

There are several ways of comparing price quotes from many available insurance companies in Hawaii. One of the best ways to find the lowest Saab 9-5 rates is to perform an online rate comparison.

Getting free price quotes online is quite simple, and it replaces the need to waste gas driving to each insurance agency near you. Quoting and buying Saab 9-5 insurance online eliminates this option unless you want the personal advice that only a licensed agent can provide. It is possible with some companies find lower rates online but have a local agent actually write the policy.

Just remember that comparing a wide range of rates helps locate lower pricing.

The providers in the list below are ready to provide price comparisons in Honolulu, HI. If multiple companies are listed, we suggest you visit as many as you can to get a more complete price comparison.

It may be expensive, but it’s not optional

Despite the high cost of buying insurance for a Saab 9-5 in Honolulu, insurance serves an important purpose.

First, just about all states have minimum liability requirements which means the state requires specific minimum amounts of liability coverage if you drive a vehicle. In Hawaii these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your Saab 9-5, more than likely the lender will stipulate that you have insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the bank may insure your Saab at a much higher premium rate and force you to reimburse them for it.

Third, auto insurance protects both your assets and your vehicle. It will also cover medical transport and hospital expenses for yourself as well as anyone injured by you. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If your Saab gets damaged, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.

The benefits of having auto insurance definitely exceed the price paid, especially with large liability claims. But the average American driver is wasting up to $810 a year so it’s recommended you shop around every year to ensure rates are inline.

Saab 9-5 insurance statistics and information

The data table shown below showcases detailed analysis of rate quotes for Saab 9-5 models. Being aware of how car insurance prices are figured can be of help when making decisions on which insurance to purchase.

Saab 9-5 Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
9-5 Aero XWD 4-Dr Sedan $350 $776 $358 $22 $106 $1,612 $134
Get Your Own Custom Quote Go

Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Premium amounts do not factor in garaging location in Honolulu which can affect prices substantially.

An analysis of deductible level

When shopping for auto insurance, a common question is how high or low should comp and collision deductibles be. The tables below may help you to understand the differences in premium rates when you buy lower versus higher deductibles. The first rate quote example uses a $100 deductible for physical damage and the second price chart uses a $1,000 deductible.

Saab 9-5 insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
9-5 Aero XWD 4-Dr Sedan $316 $632 $264 $16 $80 $1,333 $111
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Saab 9-5 insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
9-5 Aero XWD 4-Dr Sedan $176 $332 $264 $16 $80 $868 $72
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Premium costs do not factor in specific garaging location which can lower or raise premium rates significantly.

Using the premium rates above, we can conclude that using a $100 deductible costs about $39 more each month or $468 every year across all Saab 9-5 models than choosing the higher $1,000 deductible. Since you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average more than 23 months between claim filings, you would more than likely save some money going with the higher deductible. The numbers below show the way you can do this calculation yourself.

Average monthly premium for $100 deductibles: $111
Average monthly premium for $1,000 deductibles (subtract): – $72
Monthly savings from raising deductible: $39
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $39
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

Illustration showing the impact of accidents and violations

The example below shows how traffic citations and accidents increase Saab 9-5 auto insurance costs for different insured age categories. The rates are based on a single female driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.

Males versus Females

The information below visualizes the comparison of Saab 9-5 insurance costs for male and female drivers. The premium estimates are based on no tickets, no at-fault accidents, comp and collision included, $100 deductibles, single marital status, and no discounts are taken into consideration.

Get cheap rates on Saab 9-5 insurance in Honolulu with these six discounts

Car insurance is not cheap, but you may find discounts that you may not know about. Larger premium reductions will be automatically applied when you purchase, but a few need to be inquired about prior to getting the savings.Discount auto insurance

A little disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Some only reduce individual premiums such as medical payments or collision. Even though the math looks like you would end up receiving a 100% discount, you’re out of luck.

The example below visualizes the comparison of Saab 9-5 insurance prices with and without discounts applied to the policy premium. The data is based on a female driver, no driving violations, no at-fault accidents, Hawaii state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, homeowner, multi-policy, claim-free, and multi-car discounts applied.

A list of auto insurance companies and their possible discounts can be read below.

Double check with all companies you are considering what discounts are available to you. Some of the earlier mentioned discounts might not be offered on policies in Honolulu. To choose auto insurance companies that offer the discounts shown above in Hawaii, click here to view.