No one in their right mind looks forward to buying auto insurance, especially when the price is too high.
There is such a variety of insurers to purchase coverage from, and though it is a good thing to have a choice, too many choices makes it more difficult to adequately compare rates.
Finding affordable coverage is not that difficult. If you currently have car insurance, you should be able to lower your premiums substantially using these tips. But consumers need to learn the way companies sell insurance online.
Elements that influence GMC Savana 1500 Van rates
Smart consumers have a good feel for the factors that come into play when calculating the rates you pay for auto insurance. Having a good understanding of what controls the rates you pay enables informed choices that will entitle you to much lower annual insurance costs.
The list below includes some of the factors auto insurance companies consider when setting prices.
- Your location is important – Being located in a small town has it’s advantages when it comes to auto insurance. City drivers regularly have congested traffic and longer commutes to work. Less people living in that area means fewer accidents and a lower car theft rate.
- More performance means more cost – The make and model of the car you are insuring makes a substantial difference in how high your rates are. The lowest rates are usually for small economy passenger models, but the final cost of insurance is determined by many other factors. Since the GMC Savana 1500 Van is a van and minivan, insuring your vehicle will cost similar in price when compared to the average rates.
- Do you work long hours in a high stress job? – Occupations such as real estate brokers, business owners and financial analysts tend to pay higher average rates in part from high stress and long work days. Conversely, professions such as pilots, engineers and retirees have the lowest average rates on Savana van insurance.
- Are you male or female? – The statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that women are better drivers. Women and men tend to get into accidents at about the same rate, but the males cause more damage. They also get cited for more serious violations like DUI and reckless driving. Teenage male drivers are several times more likely to be in an accident and therefore have the most expensive auto insurance rates.
- High crash test scores lower rates – Cars with high safety ratings get lower rates. Safer cars have better occupant injury protection and fewer injuries means less money paid by your insurance company and thus lower rates. If your GMC Savana 1500 Van is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
Finding Auto Insurance
There are multiple methods to shop for auto insurance, but one way is more efficient than others. You could spend the better part of a day discussing policy coverages with insurance agencies in your area, or you could use online quoting to get pricing more quickly.
Most of the best insurance companies participate in an industry program that enables customers to enter their policy data once, and each company provides a quote based on that data. This prevents consumers from doing form submissions for each company.
To find out how much you’re overpaying now click here to open in new window.
The one disadvantage to using this type of system is you are unable to specify which providers to receive prices from. If you prefer to choose from a list of companies to receive pricing from, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.
It’s up to you which method you use, but make sure you use exactly the same coverage limits for every quote you compare. If you enter different deductibles it’s not possible to find the best deal for your GMC Savana 1500 Van. Having just a slight variation in limits can result in a big premium difference. Just keep in mind that more quotes helps you find the best price.
Auto insurance myths debunked
GEICO, State Farm and Progressive continually stream television and radio advertisements. All the companies make the same claim that you’ll save big after switching to them. How do they all make the same claim? It’s all in the numbers.
All companies have a preferred profile for the type of driver that earns them a profit. For instance, a driver they prefer might be profiled as between 30 and 50, a clean driving record, and has excellent credit. A propective insured who fits that profile will get very good rates and most likely will cut their rates substantially.
Potential insureds who are not a match for the requirements will be quoted higher rates and this can result in the customer not buying. The ad wording is “customers that switch” not “everybody who quotes” save that much. That’s why companies can make those claims. This emphasizes why drivers must get a wide range of price quotes. It’s not possible to predict which insurance companies will give you the biggest savings.
Cut your auto insurance rates with discounts
Companies offering auto insurance don’t always advertise every discount in an easy-to-find place, so we took the time to find some of the best known as well as the least known ways to save on auto insurance.
- Passive Restraints – Cars that have air bags or motorized seat belts can get savings of 20% or more.
- Clubs and Organizations – Being a member of a civic or occupational organization is a good way to get lower rates on auto insurance on Savana van insurance.
- Drive Less and Save – Keeping the miles down on your GMC could be rewarded with better rates on cars that stay parked.
- Driver Safety – Taking a course teaching defensive driving skills could cut 5% off your bill and easily recoup the cost of the course.
- Safe Driver Discount – Safe drivers may save up to 50% more on Savana van insurance than less cautious drivers.
- Anti-theft System – Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
- Student in College – Kids in college living away from home attending college and don’t have a car may qualify for this discount.
- E-sign – A handful of insurance companies may give you up to $50 just for signing your application online.
Keep in mind that some of the credits will not apply to your bottom line cost. A few only apply to specific coverage prices like liability and collision coverage. So when it seems like it’s possible to get free car insurance, auto insurance companies aren’t that generous.
To choose insurance companies offering auto insurance discounts, click here.
In conclusion
As you go through the steps to switch your coverage, don’t be tempted to skimp on coverage in order to save money. There have been many cases where someone sacrificed liability limits or collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy enough coverage at an affordable rate.
Cheaper GMC Savana 1500 Van insurance is attainable online in addition to many insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some companies do not provide the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.
