Have you had enough of being strong-armed to insure your Suzuki every month? Your situation is no different than many other drivers. Drivers have multiple auto insurance companies to pick from, and though it is a good thing to have a choice, so many choices can make it hard to find a good deal.
You need to shop coverage around once or twice a year because prices are variable and change quite frequently. Even if you got the best rates on Swift coverage two years ago you will most likely find a better rate today. Block out anything you think you know about auto insurance because you’re about to learn one of the best ways to buy cheaper auto insurance.
Finding Auto Insurance
Finding a lower price on insurance isn’t really that difficult. Consumers just need to invest a little time comparing rates online from several insurance companies. This can be done in several different ways.
- The first (and easiest) way to find the lowest comparison rates is a comparison rater form click to view form in new window. This easy form saves time by eliminating separate forms for each company you want a rate for. One form submission gets you price quotes from multiple companies.
- Another way to obtain and compare quotes online is going to the website for every company you want to comare and fill out their own quote form. For example, we’ll pretend you want to compare Allstate, GEICO and GMAC. You would have to take the time to go to each site to input your insurance information, which is why the first method is quicker.
To view a list of companies in your area, click here.
It’s your choice how you get your quotes, but make sure you use apples-to-apples coverage information on every quote. If you compare mixed coverages it’s not possible to make a fair comparison for your Suzuki Swift.
Save big with these discounts
Car insurance companies do not list every available discount very clearly, so we break down both the well known and the harder-to-find ways to save on auto insurance. If you’re not getting every credit possible, you are throwing money away.
- Senior Citizens – Older drivers may be able to get a discount up to 10% on Swift coverage.
- No Claims – Good drivers with no accidents pay less when compared with drivers who are more careless.
- Homeowners Savings – Owning a home can help you save on auto insurance due to the fact that maintaining a home is proof that your finances are in order.
- Discount for Good Grades – This discount can earn a discount of 20% or more. The discount lasts up until you turn 25.
- Driver’s Ed – Have your child enroll in driver’s education if offered at their school.
- Passive Restraints – Vehicles with factory air bags or automatic seat belts can qualify for discounts of 20% or more.
- Military Discounts – Having a family member in the military could mean lower rates.
- Defensive Driving Course – Taking part in a course in driver safety could cut 5% off your bill if your company offers it.
It’s important to understand that most discounts do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like you can get free auto insurance, you’re out of luck.
Complexity of Suzuki Swift insurance rates
Smart consumers have a good feel for the different types of things that help determine your auto insurance rates. Having a good understanding of what impacts premium levels helps enable you to make changes that may reward you with lower auto insurance prices.
- Poor driving leads to higher costs – Only having one speeding ticket can boost insurance rates by as much as thirty percent. Careful drivers get better rates than bad drivers. Drivers with serious tickets such as reckless driving, hit and run or driving under the influence are required to submit a SR-22 form with their state DMV in order to continue driving.
- Don’t skimp on liability – Your policy’s liability coverage provides coverage if you are found to be at fault for personal injury or accident damage. Liability insurance provides you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so buy as much as you can afford.
- Men fork out a little more – Statistics have proven women tend to be less risk to insure than men. That doesn’t necessarily mean that men are WORSE drivers than women. Both sexes are in accidents at about the same rate, but men cause more damage. Men also get more serious tickets such as reckless driving. Youthful male drivers are most likely to cause an accident and therefore have the most expensive auto insurance rates.
- The type of vehicle makes a difference – The performance of the car you drive makes a significant difference in determining your rates. Since the Suzuki Swift falls in the compact sedan class, insurance will be the same to a little lower as compared to the average rate. Economy passenger vehicles receive the most favorable rates, but other factors influence the final cost greatly.
- How credit affects auto insurance rates – A driver’s credit score is a important factor in calculating your auto insurance rates. Consumers who have excellent credit tend to be less risk to insure than drivers with poor credit. Therefore, if your credit history is low, you could be paying less to insure your Suzuki Swift by improving your credit score.
- Claim-free discounts can add up – If you frequently file small claims, you can expect either higher rates or even cancellation. Insurance companies award cheaper rates to drivers who are claim-free. Car insurance is intended for the bigger claims that can’t be paid out-of-pocket.
Do you really save 40% when you switch?
Drivers constantly see and hear ads for the lowest price auto insurance from companies such as Progressive, Allstate and GEICO. They all seem to make the same claim of big savings if you change your policy.
How does each company say the same thing?
Insurance companies are able to cherry pick for the driver that makes them money. A good example of a preferred risk could be between the ages of 40 and 55, a clean driving record, and chooses high deductibles. Any new insured who matches those parameters will get the preferred rates and most likely will save when switching.
Potential insureds who don’t measure up to the requirements will have to pay higher rates and ends up with business going elsewhere. Company advertisements say “people who switch” not “everyone that quotes” save that kind of money. That’s why companies can truthfully make the claims of big savings. Because of the profiling, you need to get a wide range of price quotes. It’s impossible to know the company that will fit your personal profile best.
Smart consumers save more
You just learned many tips how you can lower your Suzuki Swift insurance rates. The key concept to understand is the more companies you get rates for, the better likelihood of reducing your rate. You may even discover the biggest savings come from a small mutual company. Regional companies may often insure only within specific states and give getter rates compared to the large companies like Progressive or GEICO.
As you prepare to switch companies, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where someone dropped liability limits or collision coverage only to regret they didn’t purchase enough coverage. Your focus should be to purchase plenty of coverage at an affordable rate.
