8 Tricks to Save on GMC Savana 3500 Van Insurance

8 Tricks to Save on GMC Savana 3500 Van Insurance

Feel like you’re a prisoner to an overpriced auto insurance policy? Trust us when we tell you you’re not the only one. Popular companies such as Allstate, Progressive and GEICO constantly bombard you with fancy advertisements and it is challenging if not impossible to ignore the promise of big savings and take the time to shop coverage around.

It’s smart to check auto insurance prices every six months since insurance rates go up and down regularly. Despite the fact that you may have had the best deal on Savana van insurance on your last policy you may be paying too much now. Starting right now, forget all the misinformation about auto insurance because we’re going to show you the best methods to lower your annual insurance bill.

If you have insurance now or are looking for a new policy, you can use these techniques to cut your premiums while maintaining coverages. Finding affordable coverage is easy if you know what you’re doing. Drivers just need to understand the tricks to shop online.

Free Auto Insurance Quotes

Getting a cheaper price on insurance can be quick and easy. Just invest a few minutes to compare rate quotes provided by online insurance companies. This can be done in a couple of different ways.

  • The single most time-saving way consumers can make multiple comparisons would be an industry-wide quote request form like this one (opens in new window). This method saves time by eliminating boring form submissions for every auto insurance company. Filling out one form gets rate comparisons from multiple companies.
  • A harder way to shop for auto insurance online requires visiting the website of each company and complete a new quote form. For example, we’ll assume you want to compare USAA, Safeco and State Farm. You would have to go to every website to input your insurance information, which is why the first method is quicker. For a list of links to companies insuring cars in your area, click here.
  • The most time-consuming way of comparing rate quotes is driving to insurance agents’ offices. The ability to buy insurance online has reduced the need for local agents unless you have a need for the professional advice only provided by licensed agents. It is possible to find lower rates online and still use a local agent and you’ll learn how to do that later.

However you get your quotes, make absolute certain that you use identical quote information with each company. If you compare different deductibles it’s impossible to determine the lowest rate for your GMC Savana 3500 Van.

How much can you save with these eight discounts?

Insurance can cost an arm and a leg, buy you may qualify for discounts to help bring down the price. Larger premium reductions will be automatically applied when you complete an application, but some may not be applied and must be asked for before they will apply. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

  • Accident Waiver – A few companies permit an accident before hitting you with a surcharge if you are claim-free for a set time period.
  • Paperwork-free – A few companies will give a small break for buying a policy and signing up digitally online.
  • Drive Safe and Save – Safe drivers may save up to 50% more on Savana van insurance than drivers with accident claims.
  • No Accidents – Good drivers with no accidents can save substantially as compared to drivers who are more careless.
  • Own a Home – Owning a house can save you money because owning a home shows financial diligence.
  • Pay Upfront and Save – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
  • Discount for Good Grades – A discount for being a good student can save 20 to 25%. The good student discount can last up until you turn 25.
  • Driver’s Ed – Have your child enroll in driver’s education in school.

Drivers should understand that most discount credits are not given to the overall cost of the policy. Most only apply to specific coverage prices like liability, collision or medical payments. So despite the fact that it appears it’s possible to get free car insurance, it doesn’t quite work that way. But any discount will help reduce your overall premium however.

Do I need a local agent?

Some consumers prefer to buy from a local agent and that is a personal choice. Good agents can answer important questions and help in the event of a claim. One of the best bonuses of getting online price quotes is the fact that you can find better rates and still choose a local agent. Buying from local insurance agencies is especially important in smaller rural communities.

For easy comparison, once you complete this short form, the coverage information is submitted to local insurance agents who will return price quotes for your coverage. There is no reason to leave your house since price quotes are sent immediately to your email address. How cool is that?!

Independent or Captive: It’s your choice

When searching for a reputable insurance agent or broker, you need to know there are two different types of agents to choose from. agents are categorized either independent or captive. Both types can do a good job, but it’s good to learn how they differ since it can impact the type of agent you choose

Independent Insurance Agents

Independent agents do not work for one specific company but instead can place your coverage with lots of companies depending on which coverage is best. To transfer your coverage to a different company, the business is moved internally and that require little work on your part.

When comparing rates, it’s recommended you get quotes from at a minimum one independent agency for maximum quote selection.

Agency Captives

These agents can only write with one company such as State Farm, Allstate and AAA. They usually cannot place coverage with different providers so they have to upsell other benefits. They receive extensive training on the products they sell which can be an advantage.

To view a complete directory of insurance agents, click here. auto insurance

Choosing a car insurance agent needs to be determined by more than just a cheap price. Some important questions to ask are:

  • Do they review policy coverages at every renewal?
  • How much can you save by raising your physical damage deductibles?
  • What are the financial ratings for the companies they represent?
  • Are they properly licensed to sell insurance in your state?
  • If your car is totalled, how to they determine the replacement cost?
  • How are claims handled?
  • Can they give you a list of client referrals?
  • How are they compensated?

Upon receiving answers to your satisfaction to these questions as well as a affordable price, you’ve probably found a car insurance agent that can service your policy.

Save 15 percent in 15 minutes? Is it for real?

Consumers get pounded daily by advertisements for car insurance savings by Allstate and Progressive. They all make the same claim that you can save after switching to their company.

How do they all claim to save you money? It’s all in the numbers.

Different companies are able to cherry pick for the driver that is profitable for them. For instance, a profitable customer might be over the age of 50, has no tickets, and chooses high deductibles. A customer who meets those qualifications will get very good rates and as a result will probably pay quite a bit less when switching companies.

Potential insureds who do not match the “perfect” profile will have to pay a more expensive rate and this can result in business going elsewhere. Company advertisements say “customers who switch” not “people who quote” save money. That’s why insurance companies can make those claims.

Because of the profiling, drivers should compare as many rates as you can. It’s impossible to know which company will have the lowest rates.

Educate yourself about auto insurance coverages

Having a good grasp of auto insurance aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverage types available from auto insurance companies.

Auto liability insurance

This provides protection from damages or injuries you inflict on other people or property. It protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability can pay for things such as emergency aid, attorney fees, court costs and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for expenses such as pain medications, ambulance fees, surgery, nursing services and hospital visits. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

cheapest GMC Savana 3500 Van insurance

Collision coverage pays for things such as hitting a mailbox, damaging your car on a curb, colliding with another moving vehicle, backing into a parked car and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your GMC Savana 3500 Van.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive (Other than Collision)

This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as vandalism, a broken windshield, theft, rock chips in glass and hitting a deer. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Online plus local equals savings

When shopping online for auto insurance, it’s not a good idea to buy less coverage just to save a little money. There are many occasions where an insured dropped physical damage coverage and found out when filing a claim that it was a big error on their part. The aim is to buy enough coverage at a price you can afford.

Cost effective GMC Savana 3500 Van insurance can be purchased both online and with local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance providers do not offer online price quotes and these regional insurance providers work with independent agents.