2016 GMC Savana Car Insurance Rates – 6 Tricks for Cheapest Quotes

Want better car insurance rates for your GMC Savana? Having to pay for pricey GMC Savana insurance can overdraw your personal savings and put a big crunch on your finances. Doing a rate comparison is a great way to reduce premiums and put more money in your pocket.

Insurance companies such as State Farm, Progressive and GEICO all claim big savings, bombarding you with ad campaigns and consumers find it hard to see through the cute green geckos and mayhem and take the time to shop coverage around.

It’s a great practice to do price comparisons before your policy renews due to the fact that insurance prices tend to go up over time. Despite the fact that you may have had the lowest rates for Savana coverage six months ago the chances are good that you can find a lower premium rate today. There are lots of tips to save on car insurance on the internet, but I’m going to show you some proven techniques to stop overpaying for insurance.

Car insurance companies offer many types of discounts

The price of auto insurance can be rather high, but you may qualify for discounts that you may not know about. A few discounts will be applied at the time of purchase, but once in a while a discount must be requested specifically before you get the savings. If you do not double check each discount possible, you’re just leaving money on the table.

  • Theft Prevention System – Anti-theft and alarm system equipped vehicles help deter theft and that can save you a little bit as well.
  • Policy Bundle Discount – When you have multiple policies with one company you could get a discount of approximately 10% to 15%.
  • Discount for New Cars – Putting car insurance coverage on a new car can be considerably cheaper because newer models keep occupants safer.
  • Drivers Education – Cut your cost by having your teen driver take driver’s ed class as it will make them better drivers and lower rates.
  • Renewal Discounts – Some larger companies reward drivers for switching to them prior to your current policy expiring. It’s a savings of about 10%.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of 25 to 30%.

Remember that most discounts do not apply the the whole policy. Some only reduce the price of certain insurance coverages like medical payments or collision. So when it seems like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy. Any qualifying discounts should help reduce your policy cost.

If you would like to choose from a list of companies that offer multiple discounts, click this link.

Buyer beware of insurance coverage advertising tricks

Insurance coverage providers like State Farm, Allstate and GEICO continually stream ads on TV and radio. All the companies have a common claim that drivers can save some big amount if you get a free car insurance quote and switch your policy. How can each company charge less that you’re paying now? This is the way they can do it.

All companies look for specific characteristics for the type of customer that is profitable for them. For example, a profitable insured might be described as over the age of 40, carries high limits, and chooses high deductibles. Any customer that meets those criteria may get the lowest car insurance rates and is almost guaranteed to pay quite a bit less when switching companies.

Consumers who are not a match for the requirements will be quoted more expensive rates which results in the customer buying from a different company. The ad wording is “customers that switch” but not “all drivers who get quotes” save that much when switching. That is how companies can truthfully state the savings. This really illustrates why you really should compare rate quotes every year. Because without a comparison, you cannot know the company that will provide you with the cheapest prices.

Do I just need basic coverages?

When choosing adequate coverage, there is no best way to insure your cars. Every insured’s situation is different so this has to be addressed. For instance, these questions might point out if your situation will benefit from professional help.

  • Will filing a claim cost me more?
  • Does my policy pay for OEM or aftermarket parts?
  • Can my teen driver be rated on a liability-only vehicle?
  • Is a new car covered when I drive it off the dealer lot?
  • When should I remove comp and collision on my 2016 GMC Savana?
  • Am I covered by my spouse’s policy after a separation?
  • When should my teen driver be added to my policy?
  • What is no-fault insurance?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

Auto insurance coverages

Knowing the specifics of your policy can be of help when determining the right coverages for your vehicles. Auto insurance terms can be ambiguous and reading a policy is terribly boring. Listed below are the usual coverages available from auto insurance companies.

Liability

Liability insurance will cover damage that occurs to people or other property. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things such as funeral expenses, structural damage, repair costs for stationary objects, attorney fees and repair bills for other people’s vehicles. 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.

Medical costs insurance

Med pay and PIP coverage kick in for short-term medical expenses for X-ray expenses, ambulance fees, funeral costs, doctor visits and rehabilitation expenses. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, theft, a broken windshield and hail damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Auto collision coverage

This covers damage to your Savana resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like hitting a mailbox, crashing into a ditch, backing into a parked car and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible to bring the cost down.

UM/UIM Coverage

This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your GMC Savana.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Be a Smart Shopper

Some car insurance companies do not offer rates over the internet and usually these small insurance companies sell through local independent agencies. More affordable car insurance is possible from both online companies as well as from insurance agents, and you need to comparison shop both in order to have the best price selection to choose from.

We just covered many ideas to reduce 2016 GMC Savana insurance rates online. The key thing to remember is the more quotes you get, the better chance you’ll have of finding cheap car insurance. You may even find the most savings is with an unexpected company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm and Allstate.

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