Locating cheaper Memphis Saab 9-5 insurance quotes may seem to be intimidating for consumers who are new to online price comparisons. With dozens of companies, how can you efficiently compare them all to find better insurance prices?
Steps to finding cheaper Saab 9-5 insurance in Memphis
If you want to find the absolute lowest rates, then the best way to save on Saab 9-5 insurance is to compare prices annually from different companies in Memphis.
- Step 1: Take a few minutes and learn about the coverage provided by your policy and the steps you can take to prevent expensive coverage. Many rating factors that cause rate increases like tickets, at-fault accidents, and a lousy credit rating can be improved by making minor changes to your lifestyle.
- Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like Progressive or State Farm, while agents who are independent can give you price quotes from multiple sources.
- Step 3: Compare the new quotes to the premium of your current policy and determine if cheaper 9-5 coverage is available. If you can save money and buy the policy, make sure coverage does not lapse between policies.
- Step 4: Notify your current company of your intention to cancel your current policy and submit the required down payment along with the signed application for the new policy. Once the application is submitted, keep the new certificate verifying proof of insurance in your vehicle’s glove compartment or console.
A tip to remember is to make sure you enter the same level of coverage on every quote and and to get rates from as many companies as you can. Doing this guarantees an accurate price comparison and a good representation of prices.
Smart shoppers know that insurance companies want to keep you from comparing rates. Insureds who shop around for cheaper price quotes are likely to move their business because there is a significant possibility of finding a lower-cost company. A recent insurance study revealed that people who shopped around annually saved $865 annually compared to other drivers who don’t make a habit of comparing rates.
If finding the cheapest price on insurance is the reason for your visit, then having a grasp of how to get free comparison quotes and analyze insurance can make shopping around easier.
Locating the best insurance company for you in Memphis is actually not that difficult if you follow our advice. If you already have coverage, you stand a good chance to be able to shop for the lowest rates using the following tips. Although Tennessee drivers should learn how companies sell insurance online and take advantage of how the system works.
All major insurance companies such as Progressive, Allstate and GEICO make it easy to get coverage prices online. Doing online price comparisons for Saab 9-5 insurance in Memphis is easy for anyone as you just enter your required coverages into the form. Once you submit the form, their rating system requests credit information and your driving record and returns pricing information.
The ability to get online quotes for Saab 9-5 insurance in Memphis helps simplify price comparisons, and it is important to do this if you want to get affordable insurance pricing.
If you want to find out how much you can save on insurance, take a look at the companies shown below. If you have your current policy handy, we recommend you type in the insurance coverages identical to your current policy. Using the same limits helps guarantee you will be getting a price comparison for similar insurance coverage.
The companies shown below are ready to provide price comparisons in Memphis, TN. To buy cheap car insurance in Memphis, we suggest you get rates from several of them to get the most competitive price.
Verify you’re receiving every discount
Some insurers don’t always list all their discounts in a way that’s easy to find, so we researched both well-publicized in addition to some of the lesser obvious credits available to lower your premiums when you buy Memphis auto insurance online.
- Theft Prevention Discount – Anti-theft and alarm system equipped vehicles help deter theft and can earn a small discount on your policy.
- Air Bags and Passive Restraints – Vehicles equipped with air bags or motorized seat belts can qualify for discounts up to 30%.
- Online Discount – A handful of companies will give you a small discount for buying your policy on your computer.
- Responsible Driver Discount – Drivers without accidents may save up to 50% more than drivers with accident claims.
- Service Members Pay Less – Having an actively deployed family member may qualify for rate reductions.
- Home Ownership Discount – Simply owning a home can help you save on car insurance due to the fact that maintaining a home is proof that your finances are in order.
- Save with a New Car – Insuring a new 9-5 may earn a small discount due to better safety requirements for new vehicles.
Discounts lower rates, but some of the credits will not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way.
The illustration below compares Saab 9-5 auto insurance rates with and without discounts. The premiums assume a female driver, no claims or driving violations, Tennessee state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, marriage, safe-driver, multi-car, and homeowner discounts applied.
A few companies that may include some of the discounts shown above include:
When getting a coverage quote, ask each company or agent to apply every possible discount. Discounts may not apply to policyholders in Memphis. If you would like to see a list of providers who offer cheap Saab 9-5 insurance quotes in Tennessee, click here to view.
Rate information and statistics
The data table displayed below outlines estimates of coverage costs for Saab 9-5 models. Having a good understanding how auto insurance policy rates are figured can assist in making smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 9-5 Aero XWD 4-Dr Sedan | $228 | $428 | $298 | $18 | $90 | $1,062 | $89 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Estimates do not factor in your specific Memphis location which can increase or decrease rates considerably.
Where to set your deductibles
One of the hardest decisions when shopping for car insurance is what deductibles to buy. The tables below summarize the rate fluctuation between low and high insurance deductibles. The first data table uses a $100 physical damage coverage deductible and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 9-5 Aero XWD 4-Dr Sedan | $344 | $688 | $288 | $18 | $86 | $1,449 | $121 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 9-5 Aero XWD 4-Dr Sedan | $252 | $466 | $288 | $18 | $86 | $1,110 | $93 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Price information does not factor in specific zip code location which can lower or raise insurance rates noticeably.
Using the premium rates above, we can conclude that using a $100 deductible will cost in the ballpark of $28 more each month or $336 a year averaged for all 9-5 models than choosing the higher $500 deductible. Since the policyholder would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you average at least 14 months between claims, you would save more money going with the higher deductible.
Saab 9-5 insurance premiums by gender
The example below illustrates the comparison of Saab 9-5 insurance rates for male and female drivers. The costs are based on no claims, a clean driving record, comp and collision included, $100 deductibles, marital status is single, and no discounts are applied to the premium.
Why Informed Consumers Pay Less for Saab 9-5 Insurance
Lots of things are used in the calculation when quoting car insurance. Some are obvious such as your driving history, but other criteria are less obvious such as your credit history or how safe your car is.
Shown below are some of the major factors used by insurance companies to determine your rate level.
- Never let your insurance lapse – Driving your car without having proper coverage is against the law and you will pay a penalty because you let your coverage cancel without a new policy in place. Not only will you pay higher rates, getting caught without coverage can result in fines or a revoked license.
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High performance vehicles cost more to insure – The performance level of the vehicle you own makes a big difference in determining your rates. The lowest performance passenger cars generally have the cheapest insurance rates, but your final cost has many other factors.
The chart below is based on a married female driver age 20, full coverage with $100 deductibles, and no discounts or violations. The data compares Saab 9-5 car insurance rates compared to other models of vehicles that have different performances.
- Your vocation is a factor – Did you know your job can affect your rates? Careers like doctors, social workers, and medical professionals have higher rates than average attributed to high stress and lots of time spent away from family. On the flip side, jobs such as farmers, historians and performers generally pay rates lower than average.
- Is your vehicle theft-ready? – Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Anti-theft features such as OnStar, LoJack tracking, and tamper alarms all help stop vehicle theft.
- Don’t skimp on liability coverage – The liability section of your policy is the protection in the event that a jury decides you are liable for an accident. Liability insurance provides legal defense coverage to attempt to prove you were not liable. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so do not cut corners here.
- Frequent insurance claims increase premiums – Insurance companies in Tennessee give cheaper rates to drivers who are claim-free. If you’re an insured who likes to file claims you can expect either a policy non-renewal or much higher rates. Auto insurance is intended for claims that you cannot pay yourself.
- Having a spouse brings a discount – Having a significant other may save some money compared to being single. Marriage demonstrates that you tend to be more mature and responsible and it’s proven that drivers who are married file infrequent claims.
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Accidents mean higher prices – Having a clean driving record impacts premiums far more than you think. Drivers who don’t get tickets receive lower rates as compared to those with violations. Even a single speeding ticket can increase the cost of insurance forty percent or more. Drivers who get flagrant tickets such as reckless driving, hit and run or driving under the influence are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to legally drive a vehicle.
The example below shows how violations and fender-benders drive up Saab 9-5 auto insurance costs for each age group. The costs are based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no policy discounts are applied.
Do I need an insurance agent?
Some consumers would prefer to go talk to an agent and doing that can be a smart decision A nice benefit of comparing insurance prices online is the fact that you can find the best rates but also keep your business local.
To help locate an agent, after submitting this simple form, your information is instantly submitted to participating agents in Memphis who will return price quotes and help you find cheaper coverage. There is no reason to drive around as quotes are delivered directly to your email. You can find lower rates and a licensed agent to work with. If for some reason you want to get a price quote from a specific insurance company, you would need to navigate to their website and give them your coverage information.
Finding the right provider is decision based upon more than just a low price. Here are some questions you might want to ask.
- Do you work with a CSR or direct with the agent?
- Does the company have a local claim office in Memphis?
- Do the agents have professional certifications like CPCU or CIC?
- By raising physical damage deductibles, how much would you save?
- Are they able to provide referrals?
- In the event of vehicle damage, can you pick the collision repair facility?
If you want to buy insurance from a local insurance agency, you should know the different types of agencies from which to choose. Insurance agencies can be categorized as either independent or exclusive depending on the company they work for.
Exclusive Insurance Agencies
Agents that choose to be exclusive can only provide pricing for a single company and some examples include State Farm, AAA, and Liberty Mutual. Exclusive agents cannot provide rate quotes from other companies so you need to shop around if the rates are high. Exclusive agencies receive extensive training on sales techniques which helps them compete with independent agents. Some people will only choose to use a exclusive agent mostly because of loyalty to the company rather than having low rates.
Listed below are Memphis exclusive agencies willing to provide comparison quotes.
- Ulysses Cosby – State Farm Insurance Agent
248 Cooper St – Memphis, TN 38104 – (901) 276-1044 – View Map - Henry Hooper II – State Farm Insurance Agent
348 S Main St – Memphis, TN 38103 – (901) 575-0001 – View Map - Bobby Gorman – State Farm Insurance Agent
4947 William Arnold Rd – Memphis, TN 38117 – (901) 767-1361 – View Map
Independent Insurance Agents
Agents that elect to be independent often have affiliation with several companies so they can write business with an assortment of companies enabling the ability to shop coverage around. If you want to switch companies, your agent can just switch to a different company and that require little work on your part.
If you are comparing insurance prices, you will want to get several quotes from several independent agencies to get the most accurate price comparison. Most also have access to lesser-known insurance companies that may have much lower rates than larger companies.
The following is a list of independent agencies in Memphis that are able to give price quote information.
- Nationwide Insurance: Bennita J Wade Agency
1503 Union Ave Ste 220 – Memphis, TN 38104 – (901) 276-8571 – View Map - Collier Insurance
606 S Mendenhall Rd #200 – Memphis, TN 38117 – (901) 529-2900 – View Map - Nationwide Insurance: Clarence Mosley Jr
4132 Elvis Presley Blvd – Memphis, TN 38116 – (901) 346-2550 – View Map
After getting positive feedback to all your questions as well as an affordable premium quote, it’s a good possibility that you have found an auto insurance agent that can insure your vehicles.
How to know if you need help
When it comes to choosing adequate coverage, there really is no single plan that fits everyone. Each situation is unique so your insurance needs to address that.
For instance, these questions may help you determine whether or not you might need professional guidance.
- How much cheaper are high deductibles?
- What does medical payments cover?
- Am I covered by my employer’s commercial auto policy when driving my personal car for business?
- What happens if I owe more than my Saab 9-5 is worth?
- What can I do if my company denied a claim?
- How many claims can I have before being canceled?
- Am I covered by my spouse’s policy after a separation?
If you’re not sure about those questions but one or more may apply to you, you might consider talking to an agent. If you don’t have a local agent, complete this form or click here for a list of insurance companies in your area.
More quotes mean more auto insurance savings
Cheaper Saab 9-5 insurance in Memphis can be bought on the web as well as from independent agents in Memphis, so get free Memphis auto insurance quotes from both of them in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get a quote online and many times these small insurance companies only sell coverage through independent agents.
You just read a lot of techniques to compare Saab 9-5 insurance premium rates in Memphis. It’s most important to understand that the more rate quotes you have, the better your comparison will be. Drivers may even discover the lowest premium rates come from a lesser-known regional company. Some small companies can often provide lower prices in certain areas than their larger competitors like Progressive and GEICO.
How to buy discount Saab 9-5 insurance in Memphis
To save the most money, the best way to get affordable auto insurance rates in Memphis is to compare prices once a year from different companies that insure vehicles in Tennessee. You can shop around by completing these steps.
Step 1: Spend some time learning about how companies set rates and the things you can control to keep rates in check. Many factors that result in higher prices like careless driving and poor credit history can be remedied by making small lifestyle or driving habit changes.
Step 2: Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from a single company like GEICO and Allstate, while agents who are independent can quote rates from multiple companies. View rates
Step 3: Compare the new rate quotes to your existing coverage to determine if you can save on 9-5 insurance. If you can save money and buy the policy, make sure coverage does not lapse between policies.
Step 4: Notify your current company to cancel your current coverage and submit a down payment along with a completed application for your new policy. When you receive it, keep your new proof of insurance certificate along with your vehicle registration.
One piece of advice is to use identical coverage information on each price quote and and to get price estimates from as many companies as you can. Doing this enables an apples-to-apples comparison and the best rate selection.
Other articles
- Where can I buy Insurance? (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance Quotes for a Ford F-150 in Memphis? (FAQ)
- Who Has the Cheapest Memphis Car Insurance for a Nissan Sentra? (FAQ)
- What Auto Insurance is Cheapest for a Chevrolet Equinox in Memphis? (FAQ)
- Who Has Affordable Car Insurance Quotes for a Toyota Tacoma in Memphis? (FAQ)
- Alcohol Impaired Driving FAQ (iihs.org)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)