Cheap 2001 Suzuki XL-7 Car Insurance Rates

Trying to find better auto insurance rates for your Suzuki XL-7? Being forced to pay for expensive auto insurance premiums can empty your monthly budget and require stricter spending habits. Comparison shopping is free and is an excellent way to slash your bill and have more diposable income.

Big companies like Geico, Progressive and Allstate all claim big savings, bombarding you with ads and it can be hard to avoid their marketing magic and take the time to shop coverage around.

How insurance providers calculate Suzuki XL-7 insurance prices

When buying insurance it’s important to understand the different types of things that play a part in calculating your policy premiums. If you have some idea of what determines premiums, this enables informed choices that can earn you cheaper rates. Many different elements are part of the calculation when you get a price on insurance. Some of the criteria are obvious such as your driving record, but other criteria are more transparent like your vehicle usage or your financial responsibility.

• The higher your credit rating the lower your premiums – Credit history can be an important factor in determining what you pay for insurance. If your credit rating leaves room for improvement, you could save money insuring your 2001 Suzuki XL-7 by improving your rating. Drivers who have very high credit ratings tend to file fewer claims than drivers who have lower credit scores.
• How much liability coverage – Liability insurance will afford coverage in the event that you are responsible for physical damage or personal injury to other. It will provide legal defense which can cost thousands of dollars. This coverage is very inexpensive as compared to coverage for physical damage, so insureds should have plenty of protection for their assets.
• Do you really need the add-on coverages? – There are a ton of extra bells and whistles that may not really be needed when buying insurance. Things like vanishing deductibles, death and dismemberment, and extra equipment coverage may be wasting your money. They may seem like a good idea at first, but your needs may have changed so think about removing them and cutting costs.
• Safer cars cost less to insure – Safer cars tend to be cheaper to insure. Safer cars result in less severe injuries and any reduction in injury severity translates directly to fewer claims and cheaper rates on your policy.
• Raise your comp and collision deductibles for better premiums – Comp and collision deductibles define the amount you are required to spend out-of-pocket if the claim is covered. Protection for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some examples of covered claims are colliding with a stationary object, damage from fire, and damage from wind. The more expense you are required to pay out-of-pocket, the better rate you will receive for XL-7 coverage.
• Qualify for multi-policy discounts – The majority of insurance companies will award better rates to clients who carry more than one policy. It’s known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. Even with this discount, consumers should still comparison shop to make sure you are getting the best deal.
• Never let your insurance policy expire – Allowing your coverage to lapse is a guaranteed way to increase your renewal premiums. Not only will you pay higher rates, failure to provide proof of insurance will get you a steep fine or even jail time.
• Married people drive safer – Having a significant other can actually save you money when buying insurance. Having a significant other translates into being more financially stable and statistics show married drivers tend to have fewer serious accidents.

Auto insurance quotes comparison

Shopping for lower auto insurance rates can be a lot of work if you aren’t aware of the most efficient way to do it. You can spend your afternoon talking about coverages with agents in your area, or you can utilize online quotes for quick rates.

Most of the best insurance companies are enrolled in a marketplace where insurance shoppers submit one quote, and at least one company can give them a price based on that information. This eliminates the need for quotation requests to each individual auto insurance company.

To compare pricing click here to start a free quote.

The single downside to getting quotes like this is that consumers can’t choose the providers to get quotes from. If you would rather choose specific insurance companies to request quotes from, we have a listing of auto insurance companies in your area. View list of insurance companies.

The approach you take is up to you, just ensure you’re using identical quote data for each price quote. If you have different values for each quote it will be impossible to make an equal comparison.

Do you really save 40% when you switch?

Drivers can’t avoid all the ads that claim the lowest rates by companies like Progressive, Geico, Allstate and State Farm. They all seem to have a common claim that drivers can save some big amount if you move your policy.

How can each company give you a lower rate? Here is how they do it.

All the different companies require specific criteria for the type of customer that earns them the most money. For instance, a profitable insured might have to be over the age of 40, has few claims, and drives less than 5,000 miles a year. Any customer that hits that “sweet spot” may get the lowest car insurance rates and as a result will probably save money with a new company.

Potential customers who do not fit these stringent criteria will see higher prices which usually ends up with the customer buying from someone else. If you listen closely, the ads state “customers that switch” not “everyone that quotes” save the amount stated. That’s the way insurance companies can make the claims of big savings.

This emphasizes why you absolutely need to get price quotes at each policy renewal. It’s not possible to predict which insurance company will have better rates than you’re paying now.

Insurance discounts help cut rates

Insurance can cost an arm and a leg, but you may find discounts to help offset the cost. A few discounts will be applied when you complete an application, but some discounts are required to be specially asked for before they will apply. If they aren’t giving you every credit available, you are throwing money away.

• Telematics Data Discounts – Drivers who agree to allow companies to track driving habits by using a telematic data system like Allstate’s Drivewise could possibly reduce rates if they show good driving skills.
• Discounts for Cautious Drivers – Accident-free drivers can save as much as half off their rates for XL-7 coverage than drivers with accidents.
• Distant Student Discount – Kids who are attending college and don’t have a car could get you a discount.
• Theft Deterent – Vehicles that have factory anti-theft systems help deter theft and earn discounts up to 10% off your car insurance quote.
• Safety Restraint Discount – Drivers who require all occupants to buckle their seat belts may be able to save a few bucks off the personal injury premium cost.
• Organization Discounts – Joining certain professional organizations could qualify you for a break on insurance.
• Accident Free – Claim-free drivers are rewarded with significantly better rates on car insurance quote in comparison with drivers with a long claim history.
• Accident Forgiveness – This isn’t a discount exactly, but some companies like Allstate, Progressive, and Geico will forgive one accident before raising your premiums if you have no claims for a specific time period.

Drivers should understand that most credits do not apply to the entire cost. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like all those discounts means the company will pay you, that’s just not realistic.

A few of the larger companies and the discounts they provide can be found below.

• Progressive may include discounts for good student, multi-policy, homeowner, continuous coverage, and multi-vehicle.
• The Hartford offers premium reductions for defensive driver, air bag, bundle, anti-theft, and vehicle fuel type.
• Mercury Insurance may have discounts that include age of vehicle, good driver, good student, ease of repair, multi-policy, and multi-car.
• Geico offers discounts for seat belt use, good student, federal employee, military active duty, driver training, and multi-vehicle.
• AAA may offer discounts for multi-policy, anti-theft, multi-car, AAA membership discount, and good driver.
• State Farm discounts include defensive driving training, multiple policy, good driver, anti-theft, good student, multiple autos, and passive restraint.

If you need low cost car insurance quotes, ask each company to give you their best rates. Some of the earlier mentioned discounts may not apply everywhere. To view companies that offer many of these discounts, follow this link.

Which is the best auto insurance?

When it comes to choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions might point out whether your personal situation could use an agent’s help.

• What are the financial responsibility laws in my state?
• If I drive on a suspended license am I covered?
• Am I covered if I crash into my own garage door?
• Why am I required to buy liability insurance?
• When should my teen driver be added to my policy?
• Should I rate my 2001 Suzuki XL-7 as pleasure use or commute?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can provide invaluable advice.

Auto insurance coverages

Understanding the coverages of your insurance policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. These are typical coverages offered by insurance companies.

Collision coverages – Collision insurance pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like crashing into a ditch, hitting a parking meter, colliding with a tree, driving through your garage door and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Liability – Liability coverage protects you from damage or injury you incur to people or other property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

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 policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability can pay for claims such as repair bills for other people’s vehicles, repair costs for stationary objects and bail bonds. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.

Medical costs insurance – Coverage for medical payments and/or PIP pay for bills like surgery, doctor visits and funeral costs. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

UM/UIM Coverage – Your UM/UIM coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your Suzuki XL-7.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually the UM/UIM limits are set the same as your liablity limits.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like a broken windshield, damage from flooding, hitting a deer, a tree branch falling on your vehicle and vandalism. The maximum amount your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

The bottom line

The cheapest 2001 Suzuki XL-7 insurance is attainable from both online companies and from local agencies, and you should compare rates from both to get a complete price analysis. Some insurance companies may not have the ability to get a quote online and many times these regional carriers sell through local independent agencies.

As you quote car insurance, it’s a bad idea to buy poor coverage just to save money. Too many times, an accident victim reduced full coverage and learned later that they should have had better coverage. Your strategy should be to buy enough coverage at the best price but still have enough coverage for asset protection.

We just presented many tips how you can compare 2001 Suzuki XL-7 insurance car insurance rates online. The key thing to remember is the more price quotes you have, the better your comparison will be. Consumers could even find that the lowest car insurance rates are with a small local company. They may often insure only within specific states and give getter rates than their larger competitors like Allstate or State Farm.

For more information, take a look at the resources below:

• How do I File a Claim? (Insurance Information Insitute)
• Auto Theft Statistics (Insurance Information Insitute)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Red Light Cameras (State Farm)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)