Having to pay for overpriced car insurance can take a big chunk out of your savings account and make it impossible to make ends meet. Comparing price quotes is a great way to slash your bill and have more diposable income. Consumers have many car insurance companies to choose from, and even though it’s nice to have multiple companies, too many choices makes it more difficult to compare rates.
Car insurance is not cheap, but you may find discounts to cut the cost considerably. A few discounts will automatically apply at the time you complete a quote, but some may not be applied and must be asked about before you will receive the discount. If you don’t get every credit you deserve, you are throwing money away.
Drivers should understand that many deductions do not apply to the overall cost of the policy. A few only apply to individual premiums such as collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, companies wouldn’t make money that way. But any discount will reduce the amount you have to pay.
Insurance companies that may have these money-saving discounts may include but are not limited to:
Check with all companies you are considering which discounts they offer. All car insurance discounts may not apply in your state.
Most companies like Progressive, Allstate and GEICO give coverage prices on their websites. Getting online quotes is pretty easy as you simply type in the amount of coverage you want into the quote form. Upon sending the form, the system orders your driving and credit reports and generates pricing information based on these factors. Being able to quote online makes it a lot easier to compare rates but having to visit a lot of sites and complete many quote forms can be a bit repetitive. But it’s absolutely necessary to have as many quotes as possible if you want to find better prices.
An easier way to compare rates is to use a quote form to return rates from a lot of companies. The form is fast, reduces the work, and makes quoting online much more enjoyable. As soon as the form is sent, it gets priced and you can choose any or none of the quotes that you receive.
If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the new coverage. The whole process takes 15 minutes at the most and may save quite a bit of money.
To get comparison pricing now, click here to open in a new tab and complete the simple form. If you have coverage now, it’s recommended you copy the insurance coverages identical to your current policy. Doing this guarantees you’re receiving rate quotes based on similar coverages.
Consumers need to have an understanding of some of the elements that come into play when calculating the price you pay for insurance coverage. Understanding what impacts premium levels helps enable you to make changes that will entitle you to much lower annual insurance costs.
The list below includes a few of the “ingredients” that factor into prices.
When choosing the right insurance coverage for your personal vehicles, there is no best way to insure your cars. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions might help in determining whether your personal situation could use an agent’s help.
If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.
Learning about specific coverages of auto insurance helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are the usual coverages available from auto insurance companies.
Coverage for uninsured or underinsured drivers – Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your GMC Safari.
Due to the fact that many drivers 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. Most of the time these coverages are set the same as your liablity limits.
Liability – This coverage will cover damages or injuries you inflict on other’s property or people. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which limits claims to one amount without having the split limit caps.
Liability insurance covers things such as repair bills for other people’s vehicles, court costs and structural damage. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.
Coverage for medical expenses – Medical payments and Personal Injury Protection insurance provide coverage for expenses for nursing services, surgery and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay
Comprehensive auto insurance – This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive can pay for claims like rock chips in glass, damage from getting keyed and fire damage. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Collision coverage – This pays for damage to your Safari caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims like crashing into a building, scraping a guard rail, sustaining damage from a pot hole and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.
As you shop your coverage around, make sure you don’t skimp on coverage in order to save money. In too many instances, consumers will sacrifice uninsured motorist or liability limits only to find out they didn’t purchase enough coverage. Your strategy should be to buy enough coverage at an affordable rate while still protecting your assets.
Low-cost 2001 GMC Safari insurance is available on the web in addition to many insurance agents, so compare prices from both in order to have the best price selection to choose from. Some insurance companies do not provide online price quotes and these regional insurance providers work with independent agents.