Lower Your 1991 GMC Suburban Car Insurance Rates

Are you drained from not being able to afford to buy car insurance? You have the same problem as many other vehicle owners. Lots of insurers contend for your hard-earned dollar, so it’s not easy to compare every insurer to discover the definitive lowest rate possible.

If you have insurance now or are shopping for new coverage, you can use these tips to get lower rates while maximizing coverage. Finding the best rates is easy if you know what you’re doing. Vehicle owners only need an understanding of how to compare prices on the web.

Informed consumers can lower their insurance rates

It’s important that you understand the rating factors that play a part in calculating insurance coverage rates. If you understand what influences your rates, this helps enable you to make changes that may result in much lower annual insurance costs.

  • Pleasure use saves money – Driving a lot of miles annually the more you’ll pay to insure it. Many insurance companies rate vehicles based on their usage. Cars that do not get driven very much cost less to insure than vehicles that have high annual mileage. It’s a good idea to make sure your insurance coverage policy shows annual mileage. Incorrect rating for your Suburban may be wasting your money.
  • Good credit equals lower costs – An insured’s credit score factor in calculating your insurance coverage rates. If your credit rating is low, you could be paying less to insure your 1991 GMC Suburban by spending a little time repairing your credit. Consumers who have very high credit ratings tend to be less risk to insure than drivers who have bad credit.
  • Cars with good safety ratings are cheaper to insure – Cars with five star safety ratings cost less to insure. Safer cars result in less severe injuries and lower injury rates means your insurance company pays less and more competitive rates for policyholders.
  • Insurance rates in urban areas – Being located in smaller towns and rural areas of the country is a positive aspect when it comes to insurance coverage. Lower population means less chance of accidents and also fewer theft and vandalism claims. Residents of big cities have to deal with more traffic problems and much longer commute distances. More time on the road means a statistically higher chance of an accident.
  • Marriage can save you money – Getting married can get you a discount when shopping for insurance coverage. Marriage generally demonstrates drivers are more mature than a single person and statistics prove being married results in fewer claims.

Buy car insurance online

Finding cheap car insurance quotes is not rocket science. You just need to take the time getting comparison quotes online from several insurance companies. You can get a good selection of rate quotes using one of these methods.

The best way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This style of form keeps you from doing boring form submissions for every company. In just a few minutes this one form gets insurance cost estimates direct from many companies.

Another way to shop for car insurance online requires visiting each company’s website to request a price quote. For sake of this example, let’s say you are doing a rate comparison from State Farm, Safeco and Progressive. You would have to go to every website to enter your coverage information, which can get old fast. To view a list of companies in your area, click here.

The approach you take is up to you, just be certain you are entering nearly identical coverages on every quote. If your comparisons have higher or lower deductibles it will be next to impossible to make a fair comparison for your GMC Suburban.

Why you might not save $413 a year

Consumers can’t escape the ads for the lowest price insurance by 21st Century, Allstate and State Farm. All the ads convey the message that you can save if you change your insurance coverage to their company.

How does each company sell you cheaper insurance coverage?

Insurance providers offer their best rates for the type of insured that earns them the most money. One example of this type of driver might be described as between the ages of 40 and 55, has a clear driving record, and insures a new vehicle. Someone that matches those criteria will qualify for the lowest prices as well as save a lot if they switch.

Potential insureds who are not a match for the “perfect” profile must pay higher premiums and this results in the customer buying from a different company. The ad wording is “customers that switch” not “everybody who quotes” save the amount stated. That’s why insurance companies can make those statements.

Because every company is different, you really should get auto insurance quotes as often as possible. Because without a comparison, you cannot know the company that will be your best fit.

Insurance discounts are available to lower your rates

Insurance can be pricey, but you might be missing out on some discounts to help bring down the price. Certain discounts will be triggered automatically when you quote, but some need to be asked about before you will receive the discount.

  • Discounts for New Vehicles – Buying a new car model is cheaper due to better safety requirements for newer models.
  • Employee of Federal Government – Federal government employees could qualify for a slight premium decrease for Suburban insurance with a few insurance companies.
  • Service Members Pay Less – Having a deployed family member can result in better insurance rates.
  • Fewer Miles Equal More Savings – Low annual miles could be rewarded with cheaper insurancerates.
  • Multiple Policy Discount – If you can bundle your auto and home insurance and insure them with the same company you may save up to 20% off your total premium.

Discounts lower rates, but most credits do not apply the the whole policy. Most cut the price of certain insurance coverages like comp or med pay. Even though it appears having all the discounts means you get insurance for free, insurance companies aren’t that generous.

If you would like to see a list of insurance companies that offer the discounts shown above, click here.

Everyone needs different insurance coverage coverages

When choosing coverage, there really is no one size fits all plan. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that might help in determining whether your personal situation may require specific advice.

  • I have good health insurance, so how much medical payments coverage do I need?
  • Do I benefit by insuring my home with the same company?
  • Am I covered when driving someone else’s vehicle?
  • Is pleasure use cheaper than using my 1991 GMC Suburban to commute?
  • How does medical payments coverage work?
  • Can my babysitter drive my car?

If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can help protect your family.

Coverages available on your policy

Understanding the coverages of a auto insurance policy helps when choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types available from auto insurance companies.

Liability coverages

This coverage provides protection from damage or injury you incur to other people or property by causing an accident. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as pain and suffering, repair bills for other people’s vehicles, loss of income and legal defense fees. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive coverage

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like hail damage, hitting a deer and a broken windshield. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

This coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Most of the time these coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as ambulance fees, rehabilitation expenses, chiropractic care and funeral costs. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

This coverage covers damage to your Suburban from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims like sideswiping another vehicle, hitting a mailbox, backing into a parked car, scraping a guard rail and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Be a penny pincher

We just covered many ways to get a better price on 1991 GMC Suburban insurance. The key thing to remember is the more quotes you get, the better chance you’ll have of finding low cost auto insurance. Consumers may even find the lowest car insurance rates come from a lesser-known regional company. They may have significantly lower premium rates on certain market segments as compared to the big name companies such as Allstate and Progressive.

Some auto insurance companies may not provide online price quotes regional carriers work with independent insurance agents. Affordable 1991 GMC Suburban insurance is attainable both online in addition to many insurance agents, so you need to compare both in order to have the best price selection to choose from.

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