Lower Your 1993 GMC Jimmy Insurance Quotes

Trying to find the cheapest auto insurance rates for your GMC Jimmy? Tired of trying to scrape together enough money to pay your car insurance bill each month? You are no different than the majority of other car owners. Because there are so many auto insurance companies to choose from, it is very difficult to pick the most affordable car insurance company.

It’s smart to get comparison quotes quite often because prices are variable and change quite frequently. Just because you found the lowest rates on Jimmy coverage a couple years back you can probably find a lower rate today. Don’t believe everything you read about auto insurance online, so by reading this article, you’re going to learn some tested techniques to put money back in your pocket.

Factors that can influence GMC Jimmy insurance rates

Smart consumers have a good feel for the factors that help determine your car insurance rates. When you know what positively or negatively influences your rates helps enable you to make changes that will entitle you to lower car insurance prices.

  • Lower rates with optional equipment – Owning a car that has an advanced theft prevention system can save you a little every year. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.
  • Marriage pays dividends – Having a spouse helps lower the price on your car insurance policy. It usually means you are more mature than a single person and statistics show married couples file fewer claims.
  • Do you know you’re credit rating? – Your credit history is a large factor in determining your rates. So if your credit history is not that good, you could pay less to insure your 1993 GMC Jimmy by spending a little time repairing your credit. Consumers who have excellent credit tend to be less risk to insure as compared to drivers with lower credit scores.
  • Allowing your policy to lapse raises rates – Allowing your coverage to lapse is a quick way to trigger a rate increase. Not only will rates go up, but being ticketed for driving with no insurance will get you a hefty fine and possibly a revoked license.
  • Discounts for multiple policies – The majority of insurance companies will give a discount to customers who consolidate policies with them. It’s known as a multi-policy discount. This can amount to 10 percent or more. Even with this discount, it’s in your best interest to compare other company rates to verify if the discount is saving money.
  • You might want pay the small claims yourself – Companies provide cheaper rates to policyholders who file claims infrequently. If you are a frequent claim filer, you can definitely plan on higher rates. Your insurance policy is designed for the large, substantial claims.

Don’t miss out on these money-saving discounts

Insurance can be prohibitively expensive, but there could be available discounts that many people don’t even know exist. Certain discounts will be applied at quote time, but lesser-known reductions have to be asked for in order for you to get them. If you don’t get every credit you qualify for, you’re paying more than you need to.

  • Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts can qualify for discounts of more than 20%.
  • Life Insurance – Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
  • Military Discounts – Having a family member in the military could mean lower rates.
  • Drivers Education – Have your child complete a driver education course in high school.
  • Multiple Cars – Insuring all your vehicles on the same insurance policy could earn a price break for each car.

Consumers should know that most discounts do not apply to the overall cost of the policy. Some only apply to specific coverage prices like liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, companies wouldn’t make money that way. Any amount of discount will reduce the cost of coverage.

For a list of companies with discount insurance rates, click this link.

Are you falling for claims of savings?

Drivers can’t ignore all the ads for car insurance savings by Allstate and Progressive. They all have a common claim of big savings if you switch to their company.

How can each company say the same thing? This is how they do it.

All companies can use profiling for the driver that earns them a profit. For instance, a preferred risk could be over the age of 50, has no tickets, and drives less than 10,000 miles a year. A customer getting a price quote who matches those parameters receives the best rates and most likely will save when they switch companies.

Drivers who fall outside this ideal profile will be quoted more money and this can result in business going elsewhere. Company advertisements say “people who switch” not “people who quote” save that kind of money. That’s the way insurance companies can make those claims.

This emphasizes why it is so important to get as many comparisons as possible. You cannot predict the company that will fit your personal profile best.

Do I need special coverages?

When it comes to choosing coverage, there really is no “best” method to buy coverage. Each situation is unique so your insurance needs to address that. For instance, these questions might point out whether or not you may require specific advice.

  • If my 1993 GMC Jimmy is totaled, can I afford another vehicle?
  • Am I insured when driving a different vehicle?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Am I covered if I hit my neighbor’s mailbox?
  • Are rental cars covered under my policy?
  • What happens if I owe more than my 1993 GMC Jimmy is worth?
  • What companies insure drivers after a DUI or DWI?
  • Am I covered if I hit a deer?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Detailed coverages of your auto insurance policy

Having a good grasp of your auto insurance policy helps when choosing appropriate coverage for your vehicles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverage types offered by auto insurance companies.

Auto liability

This coverage will cover damages or injuries you inflict on people or other property in an accident. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability can pay for things such as legal defense fees, loss of income and bail bonds. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like falling objects, damage from a tornado or hurricane, hitting a bird and a broken windshield. The most your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as rolling your car, backing into a parked car, sustaining damage from a pot hole and damaging your car on a curb. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to increase the deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Normally these coverages are identical to your policy’s liability coverage.

Insurance for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses such as dental work, chiropractic care, pain medications, EMT expenses and nursing services. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Spend less. Save more.

As you shop your coverage around, it’s not a good idea to reduce coverage to reduce premium. There are too many instances where consumers will sacrifice physical damage coverage and learned later that their decision to reduce coverage ended up costing them more. Your strategy should be to buy a smart amount of coverage at an affordable rate.

Lower-priced 1993 GMC Jimmy insurance can be bought on the web 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 online quoting and these small insurance companies work with independent agents.

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