1998 GMC Jimmy Car Insurance Cost

Searching for lower insurance coverage rates for your GMC Jimmy? Are you regretting the purchase of an underperforming, overpriced insurance coverage policy? Don’t feel bad because you are not the only one feeling buyer’s remorse.

Due to the fact that there are so many insurance coverage companies to choose from, it can be impossible to choose the lowest cost insurance coverage company.

Smart consumers save every year

Many different elements are used when you quote your car insurance policy. Some are obvious such as your driving record, but other factors are less obvious like your continuous coverage or your vehicle rating.

The itemized list below are a partial list of the pieces used by your company to calculate premiums.

• Do safer cars cost less to insure? – Vehicles with good safety scores are cheaper to insure. These vehicles reduce occupant injuries and reduced instances of injuries translates into fewer and smaller insurance claims and thus lower rates. If your GMC scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you may pay a lower rate.
• Married people drive safer – Having a significant other helps lower the price on your insurance bill. Marriage means you’re more financially stable and statistics show married drivers tend to have fewer serious accidents.
• Rural vs Urban Areas – Residing in a small town can save you money when buying insurance. Residents of big cities have more road rage incidents and higher rates of accident claims. Less people means fewer accidents and a lower car theft rate.
• Youthful vs. older drivers – Youthful drivers are known to get distracted easily when driving with friends so insurance rates are higher. If you’ve ever had to add a teenage driver to your policy can cause a big jump in price. More experienced drivers are proven to be safer behind the wheel, are lower risk to insure and tend to be get fewer driving tickets.
• Rates can drop if you have more than one policy – Most larger insurance companies will give better rates to insureds that have more than one policy. It’s known as a multi-policy discount. Even if you already get this discount, consumers should still check prices from other companies to ensure the best deal. It’s possible to still find lower rates by buying from different companies
• Good credit saves on insurance – Credit rating will be a significant factor in determining your rates. So if your credit is low, you could potentially save money when insuring your 1998 GMC Jimmy by spending a little time repairing your credit. Drivers who have excellent credit tend to be better drivers and file fewer claims as compared to drivers with poor credit scores.
• Stress out and pay more – Do you work in a high-stress field? Occupations like military personnel, social workers and emergency personnel tend to have higher rates than average attributed to stressful work requirements and long work days. On the other hand, professions such as farmers, engineers and retirees get better rates on Jimmy coverage.

The easiest way to compare car insurance company rates takes advantage of the fact most larger insurance companies actually pay money for the chance to give free rates quotes. To start a quote, the only thing you need to do is provide a small amount of information including whether you are married, if it has an anti-theft system, whether or not you need a SR-22, and your credit rating estimate. The rating information is then submitted to many of the top insurers and you get price estimates with very little delay.

Be skeptical of car insurance ads

Respected companies like Progressive, Allstate and Geico constantly bombard you with ads on television and other media. All the ads state the claim about savings if you just switch your coverage to them. Is it even possible that every company can offer you a better deal? This is the trick they use.

All the different companies are able to cherry pick for the type of customer that will add to their bottom line. For instance, a driver they prefer may be between the ages of 30 and 50, has a clear driving record, and has great credit. Anyone that meets those criteria receive the lowest rate quotes and is almost guaranteed to save money with a new company.

Drivers who don’t meet those criteria will be charged higher premium rates with the end result being the customer buying from someone else. Company advertisements say “customers who switch” not “everyone who quotes” will save that much if they switch. That is how insurance companies can confidently make claims like that. This really emphasizes why it is so important to do a price quote comparison at every renewal. It’s impossible to know which insurance companies will have better prices than you’re paying now.

Take advantage of every insurance discount

Some insurers do not list all their discounts very well, so the list below gives a summary of both well-publicized and also the lesser-known discounts that you can inquire about if you buy insurance online. If they aren’t giving you every credit available, you may be paying too high a price.

• Lower Rates for Military – Being deployed with a military unit may lower your insurance rates slightly.
• College Student Discount – Children who are attending college and do not take a car to college may qualify for this discount.
• Discounts for Multiple Vehicles – Buying coverage for multiple cars or trucks with the same insurance company can get a discount on all vehicles.
• Accident Waiver – Not a discount per se, but certain companies permit an accident before your rates go up so long as you haven’t had any claims for a specific time period.
• Onboard Data Collection – People who choose to allow companies to spy on driving habits remotely such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates if they exhibit good driving behavior.
• Federal Government Employee – Employees or retirees of the government may qualify for a discount when you quote insurance on Jimmy coverage but check with your company.
• Low Mileage Discounts – Driving less can earn lower insurancerates due to less chance of an accident.

Policy discounts save money, but many deductions do not apply the the whole policy. A few only apply to the price of certain insurance coverages like medical payments or collision. So even though it sounds like you would end up receiving a 100% discount, that’s just not realistic.

The best insurance companies and the discounts they provide can be found below.

• State Farm includes discounts for Steer Clear safe driver discount, good student, good driver, safe vehicle, passive restraint, driver’s education, and defensive driving training.
• Geico offers discounts for good student, daytime running lights, air bags, seat belt use, and multi-vehicle.
• Allstate may have discounts that include resident student, farm vehicle, new car, anti-theft, and good payer.
• SAFECO offers discounts including bundle discounts, multi-car, drive less, teen safety rewards, homeowner, and teen safe driver.
• Farm Bureau has discounts for driver training, 55 and retired, safe driver, good student, renewal discount, youthful driver, and multi-vehicle.
• Progressive may offer discounts for good student, homeowner, online signing, online quote discount, and continuous coverage.
• AAA may include discounts for good student, AAA membership discount, education and occupation, multi-car, pay-in-full, good driver, and multi-policy.

When comparing rates, check with each insurance company what discounts are available to you. Depending on the company, some discounts may not be offered in every state. To find insurance companies with discount insurance rates, follow this link.

How to know if you need help

When it comes to choosing the right insurance coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions might point out if your insurance needs would benefit from an agent’s advice.

• I have good health insurance, so how much medical payments coverage do I need?
• Can I drive in Mexico and have coverage?
• If my 1998 GMC Jimmy is totaled, can I afford another vehicle?
• Why am I be forced to buy a membership to get insurance from some companies?
• Can my teen driver be rated on a liability-only vehicle?
• Do I get a pro-rated refund if I cancel my policy early?
• Which companies will insure high-risk drivers?
• What is the rate difference between pleasure use and commuting?
• Do I have coverage when making deliveries for my home business?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area.

Auto insurance coverages

Having a good grasp of a insurance policy can help you determine the right coverages at the best deductibles and correct limits. Insurance terms can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types available from insurance companies.

Comprehensive protection

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like a tree branch falling on your vehicle, damage from a tornado or hurricane, falling objects and fire damage. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured or underinsured coverage

This protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Collision coverage

Collision insurance pays for damage to your Jimmy resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as backing into a parked car, rolling your car, hitting a parking meter and colliding with a tree. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as prosthetic devices, doctor visits, surgery and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Liability coverages

Liability insurance will cover damage or injury you incur to a person or their property that is your fault. It protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 which means a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against claims like funeral expenses, attorney fees, court costs, emergency aid and medical services. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Shop smart and save

In this article, we presented many ideas to lower your 1998 GMC Jimmy insurance rates. The most important thing to understand is the more rate quotes you have, the better your chances of lowering your car insurance rates. You may be surprised to find that the most savings is with some of the smallest insurance companies. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm or Progressive.

As you go through the steps to switch your coverage, you should never skimp on coverage in order to save money. There have been many cases where an insured cut collision coverage and found out when filing a claim that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at a price you can afford, but don’t skip important coverages to save money.

To learn more, take a look at the following helpful articles:

• Uninsured Motorist Statistics (Insurance Information Insitute)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Airbag FAQ (iihs.org)
• Collision Insurance Coverage (Nationwide)
• Side Impact Crash Tests (iihs.org)