2001 GMC Safari Cargo Insurance Cost – 6 Tips to Save

Have you had enough of sacrificing each month for car insurance? You are in the same boat as many other people. Many insurance companies compete to insure your vehicles, and because of this it can be hard to compare insurance companies and get the best coverage at the best price available.

The method we recommend to compare rates is to know the trick car insurance companies will pay a fee to give free rates quotes. The only thing you need to do is provide a small amount of information such as whether your vehicle is owned or leased, which vehicles you own, your credit rating estimate, and what you do for a living. Those rating factors is then sent to many different companies and they provide comparison quotes almost instantly.

Big brands don’t always mean big savings

Consumers can’t escape the ads for insurance coverage savings from companies such as Geico, State Farm and Progressive. All the companies make the same claim about how much you will save just by switching to them.

It sounds good, but how can they all save you money?

Many companies have a preferred profile for the type of customer that makes them money. For instance, a driver they prefer should be a married male, has other policies, and drives less than 7,500 miles a year. Any driver who meets those qualifications will probably get cheap rates as well as save when they switch companies.

People who may not quite match the requirements will be charged a higher premium which results in the customer not purchasing. If you listen closely, the ads state “customers who switch” but not “everyone who gets a quote” save that much when switching. That’s why insurance companies can confidently make claims that they all have the best premium rates.

Because of the profiling, you absolutely need to quote coverage with many companies. It’s just too difficult to predict the company that will have the lowest rates.

Insurance coverage companies offer many discounts

Auto insurance companies don’t necessarily list the entire discount list in an easy-to-find place, so the list below gives a summary of both well-publicized in addition to some of the lesser obvious discounts that you can inquire about if you buy insurance online.

• Mature Driver Discount – Drivers that qualify as senior citizens may receive a slight reduction on a insurance quote for Safari Cargo insurance.
• Multi-line Discount – Insurance coverage companies who offer life insurance give a discounted insurance coverage rate on car insurance if you buy life insurance from them.
• Online Discount – Some of the larger companies may give you up to $50 for buying your policy on their website.
• Discount for Low Mileage – Driving less may enable drivers to earn cheaper rates.
• Good Student – A discount for being a good student can save 20 to 25%. Many companies even apply the discount to college students until age 25.
• Passenger Safety Discount – Vehicles with factory air bags may earn rate discounts of 20 to 30 percent.

Remember that most of the big mark downs will not be given the the whole policy. Most only reduce the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, companies wouldn’t make money that way.

A few of the larger companies and their offered discounts can be read below.

• State Farm includes discounts for passive restraint, safe vehicle, defensive driving training, Drive Safe & Save, driver’s education, student away at school, and multiple autos.
• Progressive policyholders can earn discounts including multi-policy, homeowner, continuous coverage, good student, and online signing.
• Travelers has discounts for new car, save driver, hybrid/electric vehicle, payment discounts, and multi-policy.
• American Family has savings for mySafetyValet, good student, defensive driver, bundled insurance, early bird, and good driver.
• Liberty Mutual may have discounts that include hybrid vehicle, new vehicle discount, new move discount, good student, multi-policy, and multi-car.

It’s a good idea to ask each company the best way to save money. Some credits might not be available to policyholders in your area.

Do I just need basic coverages?

When it comes to buying coverage, there really is not a perfect coverage plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions may help you determine whether or not you could use an agent’s help.

• How does medical payments coverage work?
• Does my 2001 GMC Safari Cargo qualify for pleasure use?
• Are rock chip repairs covered?
• Does my policy pay for OEM or aftermarket parts?
• Is a new car covered when I drive it off the dealer lot?
• Should I buy full coverage?
• Can I afford to buy a different vehicle if my 2001 GMC Safari Cargo is totaled?
• Why is insurance for a teen driver so high?
• Should I buy more coverage than the required minimum liability coverage?

If you can’t answer these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Auto insurance coverages

Learning about specific coverages of your policy helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverage types offered by car insurance companies.

Liability car insurance

This coverage can cover damage that occurs to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 that translate to $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against claims such as structural damage, repair bills for other people’s vehicles, court costs, medical expenses and attorney fees. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Comprehensive insurance

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like theft, damage from a tornado or hurricane, vandalism, hail damage and damage from flooding. The highest amount a car insurance company will pay at claim time 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.

Coverage for collisions

This covers damage to your Safari Cargo caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as crashing into a building, hitting a mailbox, driving through your garage door, sideswiping another vehicle and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for expenses such as surgery, hospital visits, funeral costs, nursing services and dental work. They are used to fill the gap from your health insurance policy or if you do not have health coverage. 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 coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your GMC Safari Cargo.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits are similar to your liability insurance amounts.

In Summary

When getting insurance quotes online, it’s not a good idea to buy less coverage just to save a little money. There are many occasions where an insured dropped comprehensive coverage or liability limits only to discover later that the small savings ended up costing them much more. Your objective should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

We just presented a lot of tips how to shop for 2001 GMC Safari Cargo insurance online. The key thing to remember is the more rate comparisons you have, the better your comparison will be. Consumers may even find the lowest priced auto insurance comes from some of the smallest insurance companies. Regional companies may only write in your state and offer lower premium rates than their larger competitors like Geico and State Farm.

Additional information

• Rental Reimbursement Coverage (Allstate)
• Get the Right Protection (InsureUonline.org)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Collision Insurance Coverage (Nationwide)
• Smart Auto Insurance Tips (Insurance Information Insitute)