2006 GMC Envoy XL Car Insurance Rates – 8 Savings Tips

Do you get frustrated by the sheer number of auto insurance sources that you can choose from? vehicle owners have so many options that it is a lot of work to find the lowest price.

It’s a good habit to check auto insurance prices at least once a year because insurance prices tend to go up over time. Even if you think you had the best rates for Envoy XL coverage last year you can probably find a better premium rate now. Forget anything you know (or think you know) about auto insurance because you’re about to find out the quickest way to buy cheaper auto insurance.

Get affordable rates by taking advantage of these eight discounts

Auto insurance companies do not list all possible discounts very clearly, so the below list has some of the more common in addition to some of the lesser obvious credits that you can use to lower your rates.

  • First Accident Forgiveness – This isn’t a discount exactly, but certain companies will let one accident slide before raising your premiums with the catch being you have to be claim-free before the accident.
  • Anti-theft Discount – Cars and trucks optioned with advanced anti-theft systems are less likely to be stolen and will save you 10% or more.
  • Savings for New Vehicles – Insuring a new car can be considerably cheaper because newer models keep occupants safer.
  • Mature Driver Discount – If you’re over the age of 55, you may be able to get a small discount on rates for Envoy XL coverage.
  • Own a Home and Save – Owning a house can save you money since home ownership is proof that your finances are in order.
  • Anti-lock Brake Discount – Cars and trucks with ABS braking systems or traction control are safer to drive and the ABS can save up to 10%.
  • Service Members Pay Less – Having a family member in the military may lower your rates slightly.
  • Life Insurance Discount – Insurance carriers who offer life insurance give a discounted premium rate on car insurance if you buy life insurance from them.

One last thing about discounts, most discount credits are not given to your bottom line cost. A few only apply to specific coverage prices like physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, companies don’t profit that way.

A list of companies and a selection of discounts are included below.

  • State Farm has discounts for Steer Clear safe driver discount, passive restraint, defensive driving training, good driver, Drive Safe & Save, and multiple autos.
  • Progressive policyholders can earn discounts including online signing, multi-vehicle, homeowner, multi-policy, good student, online quote discount, and continuous coverage.
  • Progressive may include discounts for homeowner, multi-vehicle, multi-policy, online signing, online quote discount, and continuous coverage.
  • MetLife may have discounts that include multi-policy, good driver, accident-free, claim-free, defensive driver, and good student.
  • Farm Bureau has savings for multi-vehicle, multi-policy, 55 and retired, driver training, safe driver, youthful driver, and renewal discount.
  • GEICO offers discounts for defensive driver, five-year accident-free, driver training, anti-lock brakes, seat belt use, daytime running lights, and good student.
  • SAFECO offers premium reductions for bundle discounts, teen safety rewards, anti-theft, anti-lock brakes, and homeowner.

When getting free insurance quotes, it’s a good idea to each company which discounts they offer. Some of the discounts discussed earlier may not be available in your area. To find companies that have a full spectrum of discounts, click this link.

How much insurance coverage do I need?

When buying coverage for your personal vehicles, there really is not a best way to insure your cars. Every situation is different.

For example, these questions can aid in determining whether you might need professional guidance.

  • What is roadside assistance coverage?
  • Is my cargo covered for damage or theft?
  • What exactly is covered by my policy?
  • Should I buy full coverage?
  • Is a fancy paint job covered?
  • Do I really need UM/UIM coverage?
  • When should I not file a claim?
  • Is my 2006 GMC Envoy XL covered for smoke damage?
  • Do all my vehicles need collision coverage?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an agent. To find an agent in your area, simply complete this short form.

Will you really save $414 on insurance coverage?

Well-known insurance coverage companies like GEICO, State Farm and Progressive endlessly run ads in print and on television. All the companies convey the message about saving some big amount just by switching your coverage. How does each company charge you less for car insurance? You have to listen carefully.

All the different companies have a preferred profile for the type of driver that will add to their bottom line. An example of a profitable customer could possibly be between 30 and 50, has had continuous coverage, and has excellent credit. Someone that hits that “sweet spot” will most likely get cheap car insurance rates and most likely will save money with a new company.

Insureds who may not quite match these standards will have to pay a higher rate and this results in business not being written. The ads state “customers who switch” not “all people who quote” save the amount stated. That is how companies can truthfully make those claims. Each company has different criteria, so it is so important to get a wide range of price quotes. It’s not possible to predict which insurance coverage company will have the lowest prices for your situation.

Insurance coverages explained

Learning about specific coverages of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for ambulance fees, rehabilitation expenses, dental work and hospital visits. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

This gives you protection when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your GMC Envoy XL.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like rock chips in glass, falling objects, a tree branch falling on your vehicle and hitting a bird. The highest amount your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability

This can cover damage or injury you incur to a person or their property in an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability can pay for things like attorney fees, medical services, legal defense fees, emergency aid and repair costs for stationary objects. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Collision protection

This coverage will pay to fix damage to your Envoy XL resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as backing into a parked car, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Buy Smart and Save

When you buy insurance online, do not buy poor coverage just to save money. There have been many cases where an accident victim reduced uninsured motorist or liability limits only to find out they didn’t have enough coverage. Your objective should be to purchase a proper amount of coverage at a price you can afford.

Consumers who switch companies do it for any number of reasons including delays in paying claims, lack of trust in their agent, unfair underwriting practices or delays in responding to claim requests. It doesn’t matter what your reason, finding a new company can be pretty painless.

Cost effective 2006 GMC Envoy XL insurance is possible on the web and from local insurance agents, and you need to comparison shop both to have the best selection. Some insurance companies don’t offer online rate quotes and most of the time these small insurance companies provide coverage only through local independent agencies.

Additional detailed information can be read in these articles: