How Much Does 2003 Suzuki XL7 Insurance Cost?

Paying for high-priced Suzuki XL7 insurance can dwindle your savings account and put a big crunch on your finances. Comparing price quotes is free, only takes a few minutes, and is a good way to help make ends meet.

Drivers have so many auto insurance companies to insure vehicles with, and although it’s nice to have multiple companies, it makes it harder to find the lowest rates.

Factors determining your Suzuki XL7 insurance premium

Consumers need to have an understanding of the different types of things that play a part in calculating car insurance rates. Knowing what controls the rates you pay empowers consumers to make smart changes that could result in lower car insurance prices.

  • A lapse in coverage is a bad thing – Driving your car without having proper coverage can get your license suspended and as a result your rates will increase for letting your insurance expire. Not only will rates go up, but not being able to provide proof of insurance can result in a revoked license or a big fine.
  • High credit ratings translate to low rates – Having a bad credit rating is a important factor in your rate calculation. Drivers with good credit tend to file fewer claims and have better driving records than drivers with lower credit scores. Therefore, if your credit rating can use some improvement, you could pay less to insure your 2003 Suzuki XL7 by spending a little time repairing your credit.
  • Car features impact rates – Purchasing a vehicle with anti-theft technology or alarm system can get you a discount on your car insurance. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your car from being stolen.
  • Choose a safe vehicle and save – Cars with high safety ratings can get you lower premiums. Safe vehicles reduce injuries and better occupant protection means lower claim amounts and lower rates for you. If your Suzuki XL7 scored better than four stars on Safercar.gov you may qualify for a discount.
  • Sex matters – Statistics demonstrate that men are more aggressive behind the wheel. However, this does not mean women are BETTER drivers than men. Women and men are in accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to get more serious tickets such as reckless driving. Male drivers age 16 to 19 tend to get in the most accidents and thus pay the highest rates.
  • Policy add-ons can waste money – There are a lot of add-on coverages that you can get tricked into buying if you aren’t careful. Things like vanishing deductibles, accidental death and membership fees are some examples. These coverages may sound good when talking to your agent, but your needs may have changed so remove them from your policy.
  • Rural vs Urban Areas – Choosing to live in less populated areas has it’s advantages when it comes to car insurance. Lower population translates into fewer accidents and also fewer theft and vandalism claims. Drivers in populated areas have to deal with congested traffic and longer commutes to work. More time on the road translates into higher accident risk.

The easiest way to get rate comparisons is to take advantage of the fact most insurance companies participate in online systems to quote your coverage. All consumers are required to do is spend a couple of minutes providing details like the make and model of your vehicles, if a SR-22 is needed, whether you are married, and driver details. Those rating factors is then submitted to multiple companies and they provide comparison quotes almost instantly.

To get price quotes for your 2003 Suzuki XL7, click here and enter the information requested.

Verify you’re getting all your discounts

The cost of insuring your cars can be expensive, but discounts can save money and there are some available that can drop the cost substantially. Certain discounts will be triggered automatically at the time of purchase, but a few must be specially asked for prior to receiving the credit.

  • Discount for New Cars – Buying coverage on a new vehicle can save up to 30% compared to insuring an older model.
  • Theft Prevention System – Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Military Discounts – Being on active duty in the military can result in better rates.
  • Homeowners Pay Less – Owning a home can help you save on insurance because of the fact that having a home is proof that your finances are in order.
  • Good Student Discount – This discount can save 20 to 25%. This discount can apply up to age 25.
  • Fewer Miles Equal More Savings – Low mileage vehicles can qualify you for discounted rates on garaged vehicles.
  • Club Memberships – Participating in a qualifying organization could trigger savings when buying insurance on XL7 insurance.
  • Life Insurance – Companies who offer life insurance give a break if you buy life insurance from them.
  • Early Signing – Some companies give discounts for switching policies prior to your current policy expiration. This can save 10% or more.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on the same insurance policy could earn a price break for each car.

A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. Most cut the cost of specific coverages such as liability and collision coverage. Just because it seems like you can get free auto insurance, companies don’t profit that way. But all discounts will help reduce the cost of coverage.

To see a list of insurance companies with discount insurance rates, click here to view.

When should I talk to an agent?

When it comes to buying proper insurance coverage, there isn’t really a one size fits all plan. Everyone’s needs are different so this has to be addressed. Here are some questions about coverages that can aid in determining if you might need professional guidance.

  • Should I have a commercial auto policy?
  • I have a DUI can I still get coverage?
  • Should I carry comprehensive and collision coverage?
  • What can I do if my company won’t pay a claim?
  • Am I covered if hit by an uninsured driver?
  • Where can I find DUI or SR-22 insurance?
  • When do I need to add a new car to my policy?
  • Do I pay less for low miles?
  • Is motorclub coverage worth it?
  • Does my insurance cover my expensive audio equipment?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverages 101

Knowing the specifics of insurance helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and coverage can change by endorsement. Listed below are typical coverages found on most insurance policies.

Liability auto insurance

Liability insurance can cover damages or injuries you inflict on a person or their property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as medical expenses, structural damage, repair costs for stationary objects and funeral expenses. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for expenses for ambulance fees, doctor visits, hospital visits, rehabilitation expenses and EMT expenses. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Auto collision coverage

This will pay to fix damage to your XL7 from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like hitting a mailbox, sustaining damage from a pot hole, sideswiping another vehicle, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverages

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like vandalism, a tree branch falling on your vehicle, hitting a deer and hail damage. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Buy Smart and Save

As you go through the steps to switch your coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. There are many occasions where drivers have reduced collision coverage only to discover later that the few dollars in savings costed them thousands. Your focus should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

Lower-priced 2003 Suzuki XL7 insurance can be bought from both online companies in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance companies do not provide you the ability to get quotes online and these smaller companies work with independent agents.

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