Cheaper 2014 GMC Savana Car Insurance Quotes

Trying to find better insurance coverage rates for your GMC Savana? Expensive insurance coverage can empty your checking account and put a big crunch on your finances. Shopping your coverage around is free and is an excellent way to make sure you’re not throwing money away.

Many car insurance companies vie for your business, and because of this it can be hard to compare insurance companies to find the lowest price

It’s important to get comparison quotes yearly because prices fluctuate regularly. Just because you found the best deal on Savana insurance last year there is a good chance you can find better rates now. There is a lot of wrong information about insurance coverage on the web, but I’m going to show you the best ways to quit paying high insurance coverage rates.

Save with discounts on GMC Savana insurance

The price of auto insurance can be rather high, but you may find discounts that you may not even be aware of. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be asked for before they will apply.

  • Homeowners Savings – Owning a house can save you money because owning a home demonstrates responsibility.
  • Drive Less and Save – Fewer annual miles on your GMC can qualify you for a substantially lower rate.
  • Drivers Ed for Students – Have your child enroll in driver’s education in school.
  • Save with a New Car – Putting insurance coverage on a new car is cheaper compared to insuring an older model.
  • Accident Waiver – Some insurance companies permit an accident before raising your premiums as long as you don’t have any claims for a certain period of time.
  • Memberships – Affiliation with a civic or occupational organization is a good way to get lower rates when buying car insurance on Savana insurance.
  • Service Members Pay Less – Having a deployed family member could be rewarded with lower premiums.
  • Senior Discount – If you’re over the age of 55, you may receive a small decrease in premiums on Savana insurance.
  • Safety Course Discount – Completing a course teaching defensive driving skills could save 5% or more and easily recoup the cost of the course.

It’s important to understand that most of the big mark downs will not be given to your bottom line cost. A few only apply to specific coverage prices like physical damage coverage or medical payments. So even though it sounds like having all the discounts means you get insurance for free, it just doesn’t work that way. Any amount of discount will reduce your premiums.

For a list of companies with discount car insurance rates, follow this link.

Why your GMC Savana might be costing you more

It’s important that you understand the rating factors that help determine the rates you pay for car insurance. Understanding what determines base rates helps enable you to make changes that may reward you with big savings.

The following are a few of the “ingredients” that factor into rates.

  • More than one policy can earn a discount – The majority of car insurance companies will give a discount to people who carry more than one policy, otherwise known as a multi-policy discount. Even with this discount, you still need to compare other company rates to ensure the best deal.
  • Car features impact rates – Driving a car with a theft deterrent system can save you a little every year. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder car theft.
  • Women pay lower rates – Statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Women and men are in accidents at a similar rate, but the males cause more damage. They also have more aggressive citations such as reckless driving. Young males are several times more likely to be in an accident and therefore are the most expensive to insure.
  • Keep rates low by being claim-free – Companies give cheaper rates to insureds who file claims infrequently. If you file claims often, you can expect higher rates. Insurance coverage is designed for major claims that would cause financial hardship.
  • Bump up deductibles to save – Deductibles for physical damage represent how much money you are willing to pay out-of-pocket if you file a covered claim. Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some instances where coverage would apply could be colliding with a building, damage from fire, and burglary. The more money you are required to pay out-of-pocket, the less your car insurance will be on Savana insurance.
  • Teen drivers pay high rates – Mature drivers are viewed as being more responsible, tend to file fewer claims and get fewer tickets. Young drivers are known to be careless and easily distracted in a vehicle and because of this, their car insurance rates are much higher.
  • Safe vehicles cost less to insure – Safer cars get lower rates. The safest vehicles have better occupant injury protection and any reduction in injury severity translates into fewer and smaller insurance claims and thus lower rates. If the GMC Savana earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Proper usage rating affects rates – The higher the mileage driven in a year the higher your rate. Most companies charge to insure your cars based on how the vehicle is used. Autos not used for work or commuting qualify for better rates than vehicles that are driven to work every day. Ask your agent if your car insurance declarations sheet properly reflects the correct usage for each vehicle. If your policy improperly rates your Savana may be wasting your money.

Tailor your coverage to you

When choosing the right insurance coverage for your personal vehicles, there is no cookie cutter policy. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions might point out if you could use an agent’s help.

  • When should I drop full coverage on my 2014 GMC Savana?
  • What should my uninsured motorist coverage limits be in my state?
  • Is a new car covered when I drive it off the dealer lot?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Which is better, split liability limits or combined limits?
  • Do I need special endorsements for business use of my vehicle?
  • Should I sign the liability waiver when renting a car?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Car insurance ads bend the truth

Companies like Progressive, Geico, Allstate and State Farm regularly use television and radio advertisements. All the ads say the same thing that you can save if you move to them. But how can every company make almost identical claims? This is how they do it.

Insurance companies have a certain “appetite” for the driver they prefer to insure. An example of a driver they prefer could possibly be between the ages of 30 and 50, has no tickets, and drives less than 10,000 miles a year. A driver who matches those parameters will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Potential customers who don’t qualify for the “perfect” profile will have to pay higher rates which leads to the customer not buying. Company advertisements say “customers who switch” not “people who quote” save that kind of money. This is how insurance companies can confidently make those claims.

Because of the profiling, it is so important to get a wide range of price quotes. You cannot predict the company that will have the lowest GMC Savana insurance rates.

Insurance coverages and their meanings

Knowing the specifics of your policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverages available from insurance companies.

Coverage for uninsured or underinsured drivers

This provides protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently these limits are identical to your policy’s liability coverage.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as dental work, prosthetic devices and doctor visits. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. It covers you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive insurance

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, rock chips in glass and vandalism. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision insurance

Collision coverage pays for damage to your Savana caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like sustaining damage from a pot hole, colliding with a tree, damaging your car on a curb, crashing into a ditch and colliding with another moving vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Liability coverage

Liability coverage protects you from damage or injury you incur to other people or property by causing an accident. It protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like medical expenses, funeral expenses, legal defense fees, loss of income and medical services. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

More choices the merrier

Throughout this article, we presented quite a bit of information on how to reduce 2014 GMC Savana insurance prices online. The key thing to remember is the more quotes you get, the higher your chance of finding lower rates. Drivers may discover the best prices are with a lesser-known regional company. These smaller insurers may have significantly lower rates on certain market segments compared to the large companies like State Farm or Progressive.

Cheaper insurance can be purchased on the web and with local insurance agents, and you need to price shop both so you have a total pricing picture. A few companies do not offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

As you go through the steps to switch your coverage, don’t be tempted to buy poor coverage just to save money. Too many times, consumers will sacrifice collision coverage only to regret that the savings was not a smart move. The aim is to find the BEST coverage at the best price.

Additional information is located at these links: