View 2001 HUMMER H1 Car Insurance Rates

Trying to find the cheapest auto insurance rates for your HUMMER H1? Saving money on auto insurance can be challenging for beginners to comparing rates online. You have so many options that it can turn into a lot of work to find the best price.

The purpose of this article is to introduce you to the best way to quote coverages and some tricks to saving. If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using these techniques. Nevertheless, drivers must comprehend how insurance companies compete online and apply this information to your search.

How to Get Cheap Insurance

There are several ways to compare rate quotes from insurance companies in your area. One of the best ways to compare 2001 HUMMER H1 insurance prices is to perform an online rate comparison. This can be accomplished in several different ways.

One of the simplest ways to get quotes is an all-inclusive rate comparison click to view form in new window. This form prevents you from having to do a different quote for each company you want a rate for. One form gets you coverage quotes from many national carriers. Recommended for those who want to invest the least amount of time.

A less efficient way to analyze rates requires you to visit each individual company website to request a price quote. For sake of this example, let’s say you want to compare Liberty Mutual, Esurance and Travelers. To get rate quotes you would need to visit each site and enter your policy data, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

Whichever method you choose, compare exactly the same deductibles and coverage limits for each price quote. If the quotes have mixed coverages then you won’t be able to determine the lowest rate for your HUMMER H1. Slightly different limits can make a big difference in price. Just remember that having more price comparisons helps you find a better price.

More discounts equal less premium

Insuring your vehicles can cost a lot, but discounts can save money and there are some available to cut the cost considerably. A few discounts will automatically apply when you get a quote, but some must be specifically requested prior to receiving the credit.

  • Discount for Swiching Early – A few companies offer discounts for signing up prior to your current policy expiring. The savings is around 10%.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
  • Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.
  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
  • Drivers Ed for Students – Have your child successfully complete driver’s ed class if it’s offered in school.

Drivers should understand that most credits do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, it just doesn’t work that way. Any amount of discount will cut the amount you have to pay.

A partial list of companies that may have these money-saving discounts include:

Before buying, ask each company what discounts are available to you. Savings may not be available in your state.

HUMMER H1 rates influenced by many factors

It’s important that you understand the factors that go into determining the price you pay for insurance coverage. Having a good understanding of what influences your rates helps enable you to make changes that may reward you with much lower annual insurance costs.

Listed below are some of the factors that factor into rates.

  • Your job and insurance rates – Did you know your occupation can influence how much you pay for insurance coverage? Jobs such as lawyers, architects and stock brokers have the highest rates due to high stress and lots of time spent at work. On the other hand, professions such as scientists, students and homemakers get better rates for H1 coverage.
  • Extra coverages can waste money – There are a ton of extra coverages you can purchase if you aren’t careful. Things like roadside assistance, better glass coverage and membership fees are examples of these. They may seem good when you first buy your policy, but your needs may have changed so remove them from your policy.
  • Higher deductibles cost less – Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your HUMMER. A few examples of covered claims are collision with another vehicle, damage caused by hail, or theft. Physical damage deductibles are how much you are required to spend out-of-pocket before a claim is paid by your company. The higher the amount you have to pay, the less your company will charge you for insurance for H1 coverage.
  • More than one policy can earn a discount – Most insurance companies will give a discount to customers who have multiple policies with them, otherwise known as a multi-policy discount. Even if you’re getting this discount it’s in your best interest to compare rates to ensure the best deal.
  • Pleasure use saves money – Driving more miles each year the more you will pay for insurance coverage. Most insurance companies price each vehicle’s coverage determined by how the vehicle is used. Cars that are left in the garage receive lower rates as compared to vehicles used primarily for driving to work. Improper usage on your H1 can result in significantly higher rates. Verify your insurance coverage coverage properly reflects the proper vehicle usage, because improper ratings can cost you money.

It’s not one size fits all

When buying coverage for your personal vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s.

For example, these questions can aid in determining whether you would benefit from an agent’s advice.

  • Should I buy more coverage than the required minimum liability coverage?
  • Should I have combined single limit or split liability limits?
  • Are rental cars covered under my policy?
  • Does my policy cover my teen driver if they drive my company car?
  • Will I lose any money if I cancel my policy before it expires?
  • Do I need an umbrella policy?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form.

Car insurance 101

Understanding the coverages of a auto insurance policy helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Liability coverages

This coverage protects you from damage or injury you incur to other people or property in an accident. This coverage protects you against other people’s claims. Liability doesn’t 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 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like medical expenses, loss of income and funeral expenses. How much liability should you purchase? That is up to you, but buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your HUMMER H1.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Most of the time these limits are set the same as your liablity limits.

Comprehensive coverage

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hail damage, hitting a deer, damage from flooding and a broken windshield. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision protection

Collision insurance will pay to fix damage to your H1 caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things like driving through your garage door, sustaining damage from a pot hole, crashing into a building and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for short-term medical expenses such as prosthetic devices, X-ray expenses and funeral costs. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Knowledge is power

We covered many tips how you can save on 2001 HUMMER H1 insurance. It’s most important to understand that the more quotes you get, the higher the chance of saving money. You may be surprised to find that the best prices are with the least-expected company.

Drivers leave their current company for any number of reasons including high rates after DUI convictions, unfair underwriting practices, an unsatisfactory settlement offer and questionable increases in premium. Regardless of your reason for switching companies, choosing a new insurance company can be easy and end up saving you some money.

As you shop your coverage around, do not sacrifice coverage to reduce premiums. There are too many instances where consumers will sacrifice liability coverage limits and learned later that the few dollars in savings costed them thousands. The proper strategy is to get the best coverage possible at an affordable rate while not skimping on critical coverages.

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