Cheaper 2017 GMC Savana Cargo Insurance Rates

I really doubt anyone looks forward to paying premiums for insurance, especially when they could find lower prices if they just compared rates.

Lots of auto insurance companies contend for your hard-earned dollar, so it’s not easy to compare every company and get the definite lowest cost out there.

It’s a good habit to price shop coverage yearly since insurance rates are usually higher with each renewal. Just because you had the best premium rates for Savana Cargo insurance last year you can probably find a lower rate today. Block out anything you think you know about insurance because I’m going to let you in on the secrets to the best methods to eliminate unnecessary coverages and save money.

Double check you’re getting these premium-slashing discounts

Insurance is not cheap nor is it fun to buy but you might find some hidden discounts that may help make it more affordable. Certain reductions will be credited when you get a quote, but some may not be applied and must be specially asked for in order for you to get them.

  • Multi-Vehicle Discounts – Buying a policy with several vehicles with the same company qualifies for this discount.
  • Seat Belt Usage – Drivers who require all occupants to use their safety belts may be able to save a few bucks on medical payment and PIP coverage.
  • Defensive Driver Discount – Completing a defensive driving class can save you 5% or more and easily pay for the cost of the class.
  • Passive Restraints – Vehicles with factory air bags may get savings up to 30%.
  • Active Service Discounts – Being deployed in the military could mean lower premium rates.

While discounts sound great, it’s important to understand that most discounts do not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears adding up those discounts means a free policy, it doesn’t quite work that way.

Companies who may offer these discounts include:

Before buying, ask all the companies which discounts you qualify for. Some of the discounts discussed earlier might not be offered on policies in your area. If you would like to view insurers with the best insurance discounts, click here to view.

Do I need special coverages?

When choosing coverage, there is no best way to insure your cars. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that might help in determining whether you might need an agent’s assistance.

  • Do I need added coverage for expensive stereo equipment?
  • Why am I required to get a high-risk car insurance policy?
  • Does my medical payments coverage pay my health insurance deductible?
  • What is high-risk coverage and where do I buy it?
  • When do I need to add a new car to my policy?
  • Should I carry comprehensive and collision coverage?
  • Can I drive in Mexico and have coverage?
  • What are the financial responsibility laws in my state?
  • How do I insure my teen driver?
  • Does having multiple vehicles earn me a discount?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Be skeptical of auto insurance ads

Companies like Geico, State Farm and Progressive endlessly run television, radio, and online ads. All the companies state the claim of big savings if you switch your auto insurance policy to them. How does every auto insurance company claim to save you money? Here is how they do it.

All the different companies have underwriting criteria for the type of driver that will generate a profit. For example, a profitable risk profile might be between the ages of 30 and 50, has had continuous coverage, and drives a safe vehicle. Anybody who matches those parameters will most likely get cheap premium rates and will most likely cut their rates substantially.

Insureds who are not a match for the requirements will probably be forced to pay more expensive rates and the customer not buying. If you listen to the ad wording, they say “customers who switch” not “everybody who quotes” save that much money. That’s why insurance companies can make those statements.

Because of this risk profiling, it is so important to do a rate comparison at every renewal. Because you never know with any certainty which company will have the best rates at this point in time.

Detailed coverages of your auto insurance policy

Understanding the coverages of your auto insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Shown next are typical coverages found on the average auto insurance policy.

Collision coverage protection

Collision coverage pays for damage to your Savana Cargo resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as hitting a parking meter, backing into a parked car, hitting a mailbox, crashing into a ditch and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Comprehensive coverage

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like hitting a bird, vandalism and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for liability

This coverage provides protection from damage or injury you incur to people or other property. It protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as medical expenses, legal defense fees, structural damage and medical services. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants and damage to your 2017 GMC Savana Cargo.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like hospital visits, prosthetic devices and pain medications. The coverages can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle 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

More quotes mean more savings

Lower-priced 2017 GMC Savana Cargo insurance is definitely available from both online companies as well as from insurance agents, so you should be comparing quotes from both to have the best selection. Some car insurance companies don’t offer the ability to get quotes online and these regional carriers sell through independent agents.

We just covered some good ideas how you can get a better price on 2017 GMC Savana Cargo insurance. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. You may be surprised to find that the lowest priced car insurance comes from some of the smallest insurance companies. These companies often have lower auto insurance rates on specific markets as compared to the big name companies such as Progressive and Geico.

For more information, take a look at the resources below: