2007 Suzuki SX4 Insurance Cost – 10 Tips for Cheapest Prices

Having to pay for high-priced Suzuki SX4 insurance can drain your monthly budget and make it hard to pay other bills.

Big-name insurance companies like State Farm, GEICO and Farmers Insurance continually hit you with ads and it can be hard to separate fact from fiction and do the work needed to find the best deal.

Insurance coverage policy discounts

Some insurers don’t necessarily list the complete list of policy discounts in a way that’s easy to find, so the list below contains both the well known in addition to some of the lesser obvious insurance coverage savings. If you do not double check each discount possible, you’re just leaving money on the table.

  • Discount for New Cars – Buying insurance on a new vehicle can be considerably cheaper since new model year vehicles have better safety ratings.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems help deter theft and qualify for as much as a 10% discount.
  • Defensive Driving Course – Taking a course in defensive driver is a good idea and can lower rates if your company offers it.
  • Discounts for Good Drivers – Drivers who don’t get into accidents may save up to 50% more on SX4 insurance than less cautious drivers.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use their safety belts could cut 10% or more off the PIP or medical payment premium.
  • Pay Early and Save – By making one initial payment instead of monthly or quarterly installments you could save up to 5%.
  • Claim-Free Discount – Claim-free drivers can save substantially as compared to drivers who are more careless.
  • ABS and Traction Control Discounts – Cars and trucks that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Save with More Vehicles Insured – Buying a policy with several vehicles on one policy may reduce the rate for each vehicle.
  • One Accident Forgiven – Not necessarily a discount, but some insurance companies may permit one accident without raising rates as long as you don’t have any claims for a specific time period.

Discounts save money, but please remember that most discounts do not apply the the whole policy. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. Despite the appearance that all those discounts means the company will pay you, it just doesn’t work that way.

A list of insurance coverage companies and some of the premium reductions they offer are outlined below.

  • GEICO may include discounts for five-year accident-free, daytime running lights, anti-theft, membership and employees, and emergency military deployment.
  • Travelers discounts include home ownership, hybrid/electric vehicle, payment discounts, new car, save driver, and student away at school.
  • Nationwide offers discounts including business or organization, good student, accident-free, family plan, anti-theft, multi-policy, and defensive driving.
  • Farmers Insurance may offer discounts for distant student, alternative fuel, business and professional, bundle discounts, and mature driver.
  • Esurance policyholders can earn discounts including claim free, paid-in-full, emergency road assistance, good student, and Pac-12 alumni.
  • State Farm has discounts for multiple policy, defensive driving training, good driver, Drive Safe & Save, and student away at school.
  • Progressive has savings for homeowner, online quote discount, online signing, good student, multi-vehicle, multi-policy, and continuous coverage.
  • Mercury Insurance offers premium reductions for good student, annual mileage, good driver, ease of repair, and multi-car.

When comparing rates, check with each insurance company how you can save money. A few discounts may not apply to policyholders in your area. If you would like to see a list of insurers with significant discounts, click this link.

How do I know if I need professional advice?

When it comes to buying adequate coverage, there is no one size fits all plan. Each situation is unique so this has to be addressed. For instance, these questions can aid in determining if your insurance needs may require specific advice.

  • How high should my uninsured/underinsured coverage be in my state?
  • Do I need added coverage for expensive stereo equipment?
  • Do I have coverage when using my vehicle for my home business?
  • What companies insure drivers after a DUI or DWI?
  • Can I afford to pay high deductible claims out of pocket?
  • What is PIP insurance?
  • Should I buy additional glass protection?
  • What is roadside assistance coverage?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Beware of misleading car insurance ads

Car insurance companies such as GEICO, State Farm and Progressive regularly use ads in print and on television. All the companies advertise the message that you can save if you switch your coverage to them. It sounds good, but how can they all give you a better price? Just pay attention to how they say it.

All companies look for specific characteristics for the driver that makes them money. For example, a desirable insured might be described as a married female, has no prior claims, and the vehicle is rated for pleasure use. A driver that matches those criteria may get the lowest prices and therefore will save if they switch.

Potential insureds who don’t measure up to these standards will see a higher rate which leads to the prospect going elsewhere. If you listen closely, the ads state “people who switch” but not “all drivers who get quotes” save that kind of money. That is how insurance companies can claim big savings. Because of this risk profiling, you should do a rate comparison at every renewal. It is impossible to predict with any certainty which company will fit you best based on your risk profile.

The coverage is in the details

Knowing the specifics of your auto insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages found on the average auto insurance policy.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as rehabilitation expenses, ambulance fees, nursing services and chiropractic care. They are used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Auto liability

Liability coverage protects you from damages or injuries you inflict on a person or their property that is your fault. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage protects against claims such as medical expenses, attorney fees, structural damage, court costs and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your Suzuki SX4.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Collision coverage protection

Collision coverage covers damage to your SX4 resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like rolling your car, colliding with a tree, scraping a guard rail, sideswiping another vehicle and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, damage from flooding and vandalism. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Quote more. Save more.

Cheaper insurance is definitely available online and from local insurance agents, so you need to shop auto insurance with both in order to have the best chance of saving money. A few companies do not provide the ability to get a quote online and most of the time these smaller providers sell through local independent agents.

You just read a lot of tips how to save on 2007 Suzuki SX4 insurance. The most important thing to understand is the more price quotes you have, the better likelihood of getting cheap auto insurance. You may even discover the best premium rates are with the least-expected company. They may cover specific market segments cheaper compared to the large companies like State Farm, GEICO and Nationwide.

As you restructure your insurance plan, never skimp on critical coverages to save a buck or two. There are many occasions where an insured dropped liability limits or collision coverage only to find out that their decision to reduce coverage ended up costing them more. The proper strategy is to buy the best coverage you can find at the lowest possible cost but still have enough coverage for asset protection.

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