Cheap 1993 GMC Suburban Car Insurance Rates

Want better car insurance rates? Drivers have many options when trying to find affordable GMC Suburban insurance. They can either waste time calling around getting price quotes or utilize the internet to find the lowest rates.

There are both good and bad ways to compare car insurance rates and you need to know the proper way to get price quotes for your GMC and obtain the best price possible either online or from local insurance agents.

You should take the time to price shop coverage every six months because rates are variable and change quite frequently. Just because you found the best rates on Suburban coverage a few years ago other companies may now be cheaper. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to the best way to buy cheaper car insurance.

The purpose of this post is to tell you how to effectively get price quotes and some tips to save money. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Vehicle owners only need to know the proper way to get comparison quotes over the internet.

Discounts on GMC Suburban insurance

Car insurance is not cheap, but companies offer discounts to cut the cost considerably. A few discounts will automatically apply when you complete an application, but some may not be applied and must be inquired about in order for you to get them. If you’re not getting every credit available, you are throwing money away.

  • Multiple Cars – Buying insurance for all your vehicles on one policy could earn a price break for each car.
  • Good Student – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less on Suburban coverage than their less cautious counterparts.
  • Memberships – Participating in a professional or civic organization could trigger savings on your policy on Suburban coverage.
  • Senior Discount – Mature drivers may be able to get a discount up to 10% on Suburban coverage.

Drivers should understand that most of the big mark downs will not be given the the whole policy. Most only reduce individual premiums such as liability and collision coverage. So even though it sounds like all those discounts means the company will pay you, it just doesn’t work that way. Any qualifying discounts will bring down your overall premium however.

A partial list of companies that may offer these benefits include:

Check with each company what discounts are available to you. Some discounts might not be offered in your state.

How to Compare Insurance Coverage Costs

There are a lot of ways to compare insurance coverage quotes, but one way is less labor-intensive and much quicker. You could waste time driving to agents in your area, or you can stay home and use online quoting to get the quickest rates.

Many of the larger companies participate in an industry program where prospective buyers submit their information once, and each company can give them a price. This prevents consumers from doing repetitive form submissions for each company.

To access this free quoting program, click here (opens in new window).

The one downside to pricing coverage this way is that you can’t choose which companies to get pricing from. So if you want to select specific insurance companies to compare prices, we have a page of companies who write insurance coverage in your area. Click here to view list.

Whichever way you use, make sure you use exactly the same coverage limits and deductibles for every quote you compare. If you use unequal deductibles or liability limits it’s not possible to make a fair comparison for your GMC Suburban.

Parts of the GMC Suburban rate equation

Consumers need to have an understanding of some of the elements that play a part in calculating your auto insurance rates. Having a good understanding of what determines base rates enables informed choices that can help you get big savings.

Shown below are some of the factors auto insurance companies consider when setting your rates.

  • Extra coverages can waste money – There are quite a few add-on coverages that can waste your money on your auto insurance policy. Coverages for rental car reimbursement, accident forgiveness and motor club memberships may be costing you every month. These may sound like a good investment when you first buy your policy, but if you don’t need them eliminate them to save money.
  • Don’t skimp on liability – Liability insurance is the coverage that protects you in the event that a jury decides you are liable for damages caused by your negligence. Liability insurance provides legal defense up to the limits shown on your policy. Liability is cheap compared to physical damage coverage, so do not cut corners here.
  • Older drivers save more – Teenage drivers are known to get distracted easily behind the wheel so auto insurance rates are higher. If you’ve ever had to add a teenage driver to your auto insurance policy can be very expensive. Older drivers are more responsible, statistically cause fewer accidents and receive fewer citations.
  • More miles equals more premium – The more miles you rack up on your GMC in a year the more you will pay for auto insurance. Almost all companies price each vehicle’s coverage based on their usage. Vehicles used primarily for pleasure use get more affordable rates than those used for commuting. If your policy improperly rates your Suburban may be wasting your money. Double check that your auto insurance policy is showing how each vehicle is driven.

Tailor your coverage to you

When buying adequate coverage for your vehicles, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

These are some specific questions could help you determine if you might need an agent’s assistance.

  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered if I hit my neighbor’s mailbox?
  • Will I lose any money if I cancel my policy before it expires?
  • I have a DUI can I still get coverage?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Which companies will insure high-risk drivers?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Who is covered by my policy?
  • Does my car insurance cover rental cars?
  • Do I need higher collision deductibles?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, free and you can get the answers you need.

Auto insurance coverage basics

Knowing the specifics of auto insurance aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Comprehensive or Other Than Collision

This coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, theft, damage from getting keyed and hitting a deer. The most your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability

Liability insurance provides protection from damage or injury you incur to people or other property that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims like repair costs for stationary objects, bail bonds and structural damage. How much coverage you buy is your choice, but consider buying higher limits if possible.

UM/UIM Coverage

This coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your GMC Suburban.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Normally these coverages do not exceed the liability coverage limits.

Medical costs insurance

Med pay and PIP coverage pay for bills for rehabilitation expenses, doctor visits, pain medications and prosthetic devices. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Auto collision coverage

This coverage covers damage to your Suburban resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as hitting a parking meter, crashing into a ditch, sustaining damage from a pot hole and driving through your garage door. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Quote more. Save more.

People who switch companies do it for any number of reasons including extreme rates for teen drivers, high rates after DUI convictions, policy non-renewal and even denial of a claim. Regardless of your reason, choosing a new company is not as difficult as it may seem.

In this article, we presented a lot of ways to get a better price on 1993 GMC Suburban insurance. The key concept to understand is the more you quote, the higher your chance of finding lower rates. You may be surprised to find that the lowest rates come from an unexpected company.

As you go through the steps to switch your coverage, don’t be tempted to sacrifice coverage to reduce premiums. There are many occasions where someone dropped liability limits or collision coverage only to find out that the savings was not a smart move. Your aim should be to purchase a proper amount of coverage at an affordable rate.

Additional detailed information is available in the articles below: