2001 Suzuki XL7 Insurance Quotes

Expensive Suzuki XL7 insurance can bleed your savings and possibly require postponing other expenditures. Price shopping at each renewal is an excellent way to cut your insurance bill.

Insurance companies such as Allstate and Progressive all promote huge savings with ad campaigns and it is difficult to avoid their marketing magic and take the time to shop coverage around.

It’s a good habit to take a look at other company’s rates periodically since insurance prices are adjusted regularly by insurance companies. Even if you think you had the best price for XL7 insurance on your last policy other companies may now be cheaper. Block out anything you think you know about auto insurance because you’re going to get a crash course in the things you must know in order to remove unneeded coverages and save money.

Learn how to buy insurance for less

A large part of saving on insurance is knowing some of the things that help determine your premiums. If you have a feel for what determines base rates, this enables you to make decisions that could result in lower premium levels.

The list below includes some of the factors used by your company to calculate your premiums.

• Certain vocations pay higher rates – Did you know your career choice can influence rates? Careers like military generals, executives and medical professionals tend to pay higher rates than average in part from stressful work requirements and long work days. On the other hand, jobs like actors, students and the unemployed have the lowest average rates for XL7 insurance.
• Drive less and get lower premiums – The higher the miles on your Suzuki annually the higher your rate. A lot of insurance companies calculate rates based upon how you use the vehicle. Vehicles used primarily for pleasure use receive lower rates than vehicles that have high annual mileage. Having an incorrect usage rating on your XL7 is just wasting money. Ask your agent if your insurance coverage shows the correct usage for each vehicle, because it can save money.
• Physical damage deductibles – Physical damage coverage, also called comprehensive and collision insurance, insures against damage to your Suzuki. Some examples of claims that would be covered are colliding with a building, damage from fire, and having your car stolen. Comp and collision deductibles are how much you are required to pay if the claim is covered. The more of the claim you pay before a claim is paid (deductible), the lower your rates will be for XL7 insurance.
• Know your credit rating – Having a bad credit score will be a significant factor in calculating your insurance rates. If your credit score leaves room for improvement, you may save money insuring your 2001 Suzuki XL7 if you clean up your credit. People that have high credit ratings tend to be less risk to insure than those with worse credit.
• Married drivers get cheaper premiums – Walking down the aisle actually saves money on your policy. Having a significant other usually means you are more mature and it’s statistically proven that married couples file fewer claims.
• Avoid unnecessary extra policy coverages – There are a lot of extra bells and whistles that you can get tricked into buying on your XL7 policy. Insurance for things like coverage for rental cars, death and dismemberment, and extra life insurance coverage may be costing you every month. You may think they are a good idea when talking to your agent, but if you’ve never needed them in the past think about removing them and cutting costs.
• Inexpensive frequent claims are not good – If you tend to file frequent claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Auto insurance companies give most affordable rates to drivers that do not abuse their auto insurance. Your car insurance is intended to be relied upon for the large, substantial claims.

Quote insurance coverage online

There are a lot of ways to compare insurance coverage quotes, but there is one way that is less time-consuming than others. You can spend your afternoon driving to insurance agencies in your area, or you could save time and use online quotes to accomplish the same thing much quicker.

Most major companies enroll in a system where prospective buyers complete one form, and every company can provide price quotes. This eliminates the need for quote forms for each company you want a rate for.

To fill out one form to compare multiple rates now click here (opens in new window).

The only downside to using this type of system is that consumers can’t choose which insurance companies to get pricing from. If you would rather choose specific insurance companies to compare, we put together a list of low cost insurance coverage companies in your area. Click to view list.

Compare rates however you want, just compare apples-to-apples coverages with each company. If you compare different deductibles it’s impossible to determine which rate is truly the best. Just a small difference in coverages may result in large price differences. Keep in mind that obtaining a wide range of quotes will enable you to find lower pricing. Not every company does price estimates online, so you need to compare quotes from them as well.

Drivers who switch save $409 a year? Really?

Popular car insurance providers such as State Farm, Allstate and Geico continually stream ads in print and on television. All the ads have a common claim about savings if you move to them. How does each company cost less than your current company?

Different companies have specific guidelines for the type of driver that is profitable for them. For example, a driver they prefer could possibly be a female over age 40, has a clean driving record, and drives a car with an anti-theft system. Anyone that meets those criteria will get low premium rates and will most likely save when they switch companies.

Drivers who cannot meet this stringent profile will probably be forced to pay higher prices which translates to the customer not purchasing. The ads say “drivers who switch” but not “all drivers who get quotes” save that much money. That is how insurance companies can state the savings.

This really illustrates why you absolutely need to compare many company’s prices. Because you never know which insurance companies will have the best premium rates for your profile.

Double check you’re getting these money-saving discounts

Some companies do not list all possible discounts very well, so the list below details both the well known and also the lesser-known credits available to bring down your rates. If you’re not getting every credit you qualify for, you are throwing money away.

• Early Signing – A few larger companies give discounts for switching to them before your current expiration date. This discount can save up to 10%.
• Telematics Data – Drivers who agree to allow driving data submission to spy on driving patterns by using a telematic data system such as In-Drive from State Farm or Allstate’s Drivewise system may see discounts if they show good driving skills.
• Federal Government Employee – Employees or retirees of the government may reduce rates when you quote car insurance for XL7 insurance depending on your company.
• Air Bags and Passive Restraints – Factory options such as air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
• First Accident Forgiveness – This one is not really a discount per se, but companies like Libery Mutual, Geico and Allstate will forgive one accident without the usual rate increase if you have no claims for a particular time prior to the accident.
• Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education in school or through a local driver safety program.
• Own a Home – Owning your own home or condo can save you money because of the fact that having a home demonstrates responsibility.
• Student Discounts – Getting good grades can earn a discount of 20% or more. The discount lasts up to age 25.
• Save with More Vehicles Insured – Insuring multiple cars on one policy could earn a price break for each car.
• Responsible Driver Discounts – Insureds without accidents can get discounts for up to 45% lower rates for XL7 insurance than drivers with accidents.

We need to note that most discount credits are not given to the entire policy premium. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So even though you would think you would end up receiving a 100% discount, it just doesn’t work that way.

Companies who may offer most of the discounts above may include but are not limited to:

• Progressive
• SAFECO
• American Family
• MetLife
• Geico
• The Hartford

Before purchasing a policy, check with every prospective company to give you their best rates. Some credits might not be offered on policies in your area.

Do I need special coverages?

When it comes to buying adequate coverage, there really is not a one size fits all plan. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that might point out if your insurance needs might need professional guidance.

• Does insurance cover tools stolen from my truck?
• Is my babysitter covered when using my vehicle?
• Will my vehicle be repaired with OEM or aftermarket parts?
• Is a blown tire covered by insurance?
• How do I buy GAP insurance?
• What exactly is covered by my policy?
• Should I buy additional glass protection?
• What if I owe more than I can insure my car for?
• Is my Suzuki XL7 covered if I use it for business?

If you’re not sure about those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Car insurance coverage considerations

Knowing the specifics of your car insurance policy can be of help when determining which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Shown next are typical coverages found on most car insurance policies.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

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. This is the reason having UM/UIM coverage is important protection for you and your family. Usually these limits do not exceed the liability coverage limits.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for immediate expenses for hospital visits, pain medications, doctor visits and nursing services. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants as well as getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive car insurance

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from flooding, fire damage, falling objects, damage from getting keyed and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for collisions

This will pay to fix damage to your XL7 resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as sustaining damage from a pot hole, backing into a parked car, hitting a parking meter, driving through your garage door and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Coverage for liability

This coverage will cover injuries or damage you cause to a person or their property. It protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for claims like loss of income, bail bonds, attorney fees, legal defense fees and emergency aid. How much coverage you buy is your choice, but consider buying higher limits if possible.

Be a Smart Shopper

Affordable 2001 Suzuki XL7 insurance can be sourced from both online companies as well as from insurance agents, and you should compare rates from both so you have a total pricing picture. Some companies do not offer internet price quotes and these smaller companies provide coverage only through independent agents.

When trying to cut insurance costs, do not sacrifice coverage to reduce premiums. In many cases, someone sacrificed physical damage coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your objective should be to purchase a proper amount of coverage at a price you can afford and still be able to protect your assets.

More detailed auto insurance information is available in these articles:

• State Car Insurance Guides (Geico)
• Distracted Driving (Insurance Information Insitute)
• Anti-Lock Brake FAQ (iihs.org)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Smart Auto Insurance Tips (Insurance Information Insitute)
• Rental Reimbursement Coverage (Allstate)