Cheaper 1990 GMC R/V 3500 Series Insurance Cost

If price shopping insurance quotes online is new to you, it’s easy to be baffled thanks to all the different types of local and online companies vying for business.

It’s a great practice to take a look at other company’s rates before your next renewal because auto insurance prices fluctuate regularly. Just because you found the best deal for R/V Series coverage six months ago the chances are good that you can find a lower rate quote today. There is a lot of bad advice regarding auto insurance online, but I’m going to show you some good information on how to stop overpaying for insurance.

Seven factors that impact insurance prices

Many things are taken into consideration when quoting car insurance. Some factors are common sense like a motor vehicle report, although some other factors are less obvious like where you live and annual miles driven.It’s important that you understand some of the factors that aid in calculating car insurance rates. If you have some idea of what positively or negatively impacts your premiums, this allows you to make good choices that may reward you with lower car insurance prices.

The list below includes some of the items used by companies to determine your rate level.

• Higher deductibles are cheaper – Physical damage deductibles represent how much money you are willing to pay before a claim is paid by your company. Physical damage coverage, also called comprehensive and collision insurance, covers damage that occurs to your car. A few examples of covered claims are colliding with a stationary object, damage caused by hail, and damage caused by road hazards. The more money the insured has to pay upfront, the less your company will charge you for insurance for R/V Series coverage.
• Your address can modify price – Living in smaller towns and rural areas of the country has definite advantages when it comes to car insurance. Residents of big cities tend to have much more traffic and a longer drive to work. Less people living in that area corresponds to lower accident rates and a lower car theft rate.
• Alarms and GPS tracking systems cut car insurance rates – Owning a car that has an advanced theft prevention system can earn a premium discount. Theft deterrent systems like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping car theft and help bring rates down.
• Driving citations mean higher prices – Having a single speeding ticket or other violation could increase your next policy renewal twenty percent or more. Good drivers get better prices as compared to careless drivers. Drivers who have gotten multiple citations such as DUI, reckless driving or excessive speeding are required to complete a SR-22 with their state’s department of motor vehicles in order to prevent their license from being revoked.
• Discounts for married couples – Getting married may earn you lower rates on your car insurance bill. Having a significant other usually means you are more financially stable and it’s proven that drivers who are married are more cautious.
• Extra coverages can cost a lot – There are quite a few additional coverages that sound like a good idea at the time but may not be useful. Coverages for rental car reimbursement, towing coverage, and extra equipment coverage could be just wasting money. The coverages may be enticing when buying your policy, but if you have no use for them consider taking them off your policy.
• How many coverages with the same company – Most major car insurance companies afford better rates to buyers that buy multiple policies, otherwise known as a multi-policy discount. Even if you qualify for this discount already, consumers should still check prices from other companies to help guarantee you have the best rates. It’s possible to still save more without the discount by buying insurance from more than one company.

Finding insurance

There are several ways to compare rate quotes from different insurance companies. The recommended way to find affordable 1990 GMC R/V 3500 Series insurance rates involves getting comparison quotes online. It’s really quite simple and can be done in a couple of different ways.

1. One of the simplest ways to get quotes for comparison would be an industry-wide quote request form (click to open form in new window). This easy form saves time by eliminating repetitive form submissions for each company. One form compares rates from several companies. This is perfect if you don’t have a lot of time.
2. A harder way to compare prices is spending the time to visit the website for each individual company and fill out a new quote form. For sake of this example, we’ll pretend you want comparison quotes from Nationwide, Allstate and Liberty Mutual. You would be required to take the time to go to each site to input your insurance information, and that explains why we recommend the first method.

   For a handy list of car insurance company links in your area, click here.

3. The last way to shop rates to each insurance agency near you. Doing it all online makes this process obsolete unless you have a need for the professional assistance that only an agent can give. If you prefer, some companies allow you to compare the best prices online but have a local agent actually write the policy.

It doesn’t matter which method you choose, just make darn sure you compare the same coverage limits on every price quote you get. If each company quotes higher or lower deductibles you will not be able to determine which company has the best rates. Just a small difference in insurance coverages may result in large price differences. And when price shopping your coverage, comparing a wide range of rates increases the change that you will find better pricing. Not every company does online price quotes, so you need to compare prices from them, too.

The insurance bait and switch

Insurance companies such as Allstate and Progressive constantly bombard you with ads on television and other media. They all convey the message that drivers can save some big amount just by moving to their company. How is it plausible that every one can charge less that you’re paying now?

Insurance companies quote their best rates for the driver that will be a good risk. An example of a driver they prefer may be a married female, has few claims, and drives less than 7,500 miles a year. A driver who fits those characteristics will get low car insurance rates and will save when switching.

Drivers who do not meet the requirements will probably be forced to pay a higher premium and ends up with business going elsewhere. Company advertisements say “people who switch” but not “everyone who gets a quote” can get the lowest rates when switching. That is how companies can claim big savings. This illustrates why it is so important to do a quote comparison often. Because without a comparison, you cannot know which insurance company will fit your personal profile best.

More affordable rates by taking advantage of discounts

Auto insurance companies don’t list all possible discounts very clearly, so we took the time to find both the well known as well as the least known credits available to you.

• Good Grades Discount – A discount for being a good student could provide a savings of up to 20% or more. Earning this discount can benefit you up to age 25.
• Discount for Life Insurance – If the company offers life insurance, you could get a lower rate if you buy life insurance.
• Discount for Low Mileage – Maintaining low annual mileage may enable drivers to earn slightly better car insurancerates than normal.
• Distant Student – Any of your kids who are enrolled in a college that is more than 100 miles from home and do not take a car to college may qualify for this discount.
• Claim-Free Discount – Drivers who don’t have accidents pay much less compared to accident-prone drivers.

As a footnote on discounts, most credits do not apply to the entire policy premium. Most cut the price of certain insurance coverages like comp or med pay. So when it seems like all the discounts add up to a free policy, it just doesn’t work that way.

Large car insurance companies and their offered discounts are:

• State Farm policyholders can earn discounts including passive restraint, good driver, multiple policy, driver’s education, Drive Safe & Save, good student, and accident-free.
• Nationwide has savings for easy pay, defensive driving, accident-free, Farm Bureau membership, good student, and family plan.
• Geico offers discounts including driver training, five-year accident-free, daytime running lights, multi-policy, air bags, and anti-lock brakes.
• AAA discounts include multi-policy, good student, anti-theft, good driver, and pay-in-full.
• 21st Century includes discounts for anti-lock brakes, 55 and older, theft prevention, driver training, air bags, defensive driver, and early bird.
• The Hartford may offer discounts for air bag, vehicle fuel type, anti-theft, bundle, and good student.

Before you buy a policy, ask every prospective company how many discounts you can get. Some discounts listed above might not be offered on policies in your state. If you would like to see a list of insurance companies who offer cheap car insurance quotes, click here to view.

How much car insurance do I need?

When it comes to buying the right insurance coverage, there is no single plan that fits everyone. Every insured’s situation is different.

Here are some questions about coverages that can help discover whether your personal situation will benefit from professional help.

• What is the minimum liability in my state?
• Can my babysitter drive my car?
• Are rental cars covered under my policy?
• When would I need rental car insurance?
• Will filing a claim cost me more?
• Is my teen driver covered when they drive my company car?
• What vehicles should carry emergency assistance coverage?
• What is UM/UIM insurance?
• Do I pay less for low miles?
• Am I covered when using my vehicle for business?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form.

Coverages available on your policy

Having a good grasp of your policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Liability auto insurance – This coverage will cover damage that occurs to other people or property. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage pays for things such as attorney fees, medical services, emergency aid and funeral expenses. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like ambulance fees, rehabilitation expenses, doctor visits and chiropractic care. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Collision – Collision coverage pays for damage to your R/V 3500 Series resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as sideswiping another vehicle, backing into a parked car, hitting a mailbox, crashing into a ditch and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.

Uninsured or underinsured coverage – This coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your GMC R/V 3500 Series.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive protection – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like rock chips in glass, hitting a deer, damage from a tornado or hurricane and falling objects. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Find Good Coverage for Less

Some insurance providers do not provide online rate quotes and usually these small, regional companies work with independent insurance agencies. Budget-friendly insurance coverage is possible online and from local insurance agents, so you should compare both to have the best chance of lowering rates.

As you prepare to switch companies, don’t be tempted to skimp on coverage in order to save money. There have been many cases where an insured dropped collision coverage and found out when filing a claim they didn’t purchase enough coverage. The goal is to buy a smart amount of coverage at a price you can afford while still protecting your assets.

Drivers change insurance companies for many reasons like being labeled a high risk driver, denial of a claim, an unsatisfactory settlement offer and even questionable increases in premium. Regardless of your reason for switching companies, finding a great new company can be pretty painless.

Additional resources

• Insuring a Leased Car (Insurance Information Insitute)
• What if I Can’t Find Coverage? (Insurance Information Insitute)
• Crash Avoidance Technologies FAQ (iihs.org)
• Understanding Rental Car Insurance (Insurance Information Insitute)
• Vehicle Size and Weight FAQ (iihs.org)