Compare 1993 GMC Suburban Insurance Rates

Nobody cherishes buying insurance coverage, in particular when their premiums are too high. Popular companies such as Geico, Farmers Insurance and State Farm continually bombard you with fancy advertisements and consumers find it hard to see past the geckos and flying pigs and take the time to shop coverage around.

It’s a great practice to compare rates every six months since insurance rates are constantly changing. Just because you had the best deal on Suburban insurance last year you can probably find a better price now. There is a lot of bad advice regarding insurance coverage online but by reading this article, you’re going to learn a bunch of ideas how to find cheap insurance coverage.

Discounts can save BIG

Insurance can cost an arm and a leg, but there are discounts available that can drop the cost substantially. Some trigger automatically when you quote, but some may not be applied and must be specially asked for in order for you to get them. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Senior Citizens – If you’re over the age of 55, you may qualify for a small decrease in premiums on Suburban insurance.
  • Use Seat Belts – Drivers who require all occupants to wear their seat belts can save up to 15% off your medical payments premium.
  • Multiple Cars – Buying coverage for all your vehicles on one policy may reduce the rate for each vehicle.
  • Auto/Life Discount – Companies who offer life insurance give lower rates if you buy a life insurance policy as well.
  • Discounts for Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates on Suburban insurance than drivers with accidents.
  • Lower Rates for Military – Having a deployed family member may qualify for rate reductions.

Drivers should understand that many deductions do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as 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 cut your premiums.

To see a list of insurers offering auto insurance discounts, click here.

Will just any policy work for me?

When buying the best auto insurance coverage, there isn’t really a “perfect” insurance plan. Every situation is different so your insurance should reflect that Here are some questions about coverages that can aid in determining whether you would benefit from professional advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Can I rent a car in Mexico?
  • Is pleasure use cheaper than using my 1993 GMC Suburban to commute?
  • Am I covered if I wreck a rental car?
  • When should I not file a claim?
  • Is my ex-spouse still covered by my policy?
  • What is no-fault insurance?
  • Am I covered if I hit a deer?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Car insurance coverages for a 1993 GMC Suburban

Understanding the coverages of a car insurance policy helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and reading a policy is terribly boring. These are the normal coverages available from car insurance companies.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like fire damage, a broken windshield and hitting a deer. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision insurance

This pays for damage to your Suburban caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as backing into a parked car, hitting a parking meter, crashing into a ditch, crashing into a building and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage pay for expenses like doctor visits, pain medications and nursing services. They are used in conjunction with a health insurance policy or if you do not have health coverage. They cover you and your occupants in addition to 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

UM/UIM Coverage

This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Auto liability insurance

Liability coverage provides protection from injuries or damage you cause to people or other property in an accident. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as legal defense fees, bail bonds, loss of income and attorney fees. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.

Do the work, save more money

As you prepare to switch companies, don’t be tempted to buy poor coverage just to save money. There are too many instances where an accident victim reduced physical damage coverage only to discover later that the small savings ended up costing them much more. Your strategy should be to buy the best coverage you can find at the best price while not skimping on critical coverages.

Affordable 1993 GMC Suburban insurance is possible from both online companies and also from your neighborhood agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some companies may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

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