2004 Suzuki XL-7 Insurance Cost – 7 Savings Tips

Trying to find the cheapest insurance coverage rates for your Suzuki XL-7? Tired of paying out the nose to keep your car insured? You are in the same boat as most other drivers. Drivers have many car insurance companies to pick from, and although it’s a good thing to have a selection, more options can take longer to find the lowest rates.

It’s a good idea to compare prices periodically because insurance coverage prices change frequently. Just because you had the lowest price on XL-7 coverage on your last policy you may be paying too much now. Block out anything you think you know about insurance coverage because I’m going to teach you the best way to reduce your cost while increasing coverage.

How to compare insurance coverage price quotes

Finding cheaper insurance coverage prices can be quick and easy. All that’s required is to take a few minutes to get quotes to see which company has the cheapest insurance coverage quotes. Comparing prices online can be done in just a few minutes using one of these methods.

1. Probably the best way to compare a lot of rates at once would be an industry-wide quote request form like this one (opens in new window). This style of form eliminates the need for repetitive form entry for every prospective company. One form gets rate comparisons from multiple companies.
2. A harder way to get quotes online requires you to visit each individual company website and repeat the quote process again and again. For examples sake, let’s assume you need rates from Allstate, Geico and Travelers. To do that, you would have to take the time to go to each site and enter your policy data, which can take a lot of time. For a list of companies in your area, click here.

However you get your quotes, make sure you compare identical quote information with each company. If the quotes have mixed coverages it’s impossible to find the best deal for your Suzuki XL-7.

Pay discount rates these seven money-saving discounts

Companies that sell car insurance do not advertise every discount in a way that’s easy to find, so below is a list some of the more common as well as some of the hidden credits available to you.

• Military Deployment Discount – Being deployed with a military unit may lower your insurance rates slightly.
• Anti-lock Brakes – Cars that have steering control and anti-lock brakes can stop better under adverse conditions and will save you 10% or more.
• Smart Student Discounts – Maintaining excellent grades could provide a savings of up to 20% or more. The good student discount can last until age 25.
• Safety Restraint Discount – Buckling up and requiring all passengers to use their safety belts can save a little on the medical payments or PIP coverage costs.
• Accident Waiver – This isn’t a discount exactly, but companies like Geico, Allstate and Liberty Mutual will turn a blind eye to one accident without raising rates as long as you don’t have any claims for a particular time prior to the accident.
• Senior Citizens – Mature drivers may qualify for better insurance rates on XL-7 coverage.
• Discounts for New Vehicles – Insuring a new car can save up to 30% due to better safety requirements for new vehicles.

As is typical with insurance, most discount credits are not given to the entire policy premium. The majority will only reduce individual premiums such as liability and collision coverage. Despite the appearance that you can get free auto insurance, it just doesn’t work that way.

The best insurance companies and a summarized list of policyholder discounts are outlined below.

• 21st Century policyholders can earn discounts including air bags, anti-lock brakes, 55 and older, defensive driver, homeowners, and driver training.
• Progressive offers discounts for online quote discount, multi-vehicle, good student, online signing, multi-policy, and continuous coverage.
• State Farm includes discounts for good student, good driver, safe vehicle, defensive driving training, and accident-free.
• Nationwide has savings for good student, business or organization, family plan, easy pay, multi-policy, defensive driving, and anti-theft.
• Esurance has discounts for homeowner, multi-policy, defensive driver, multi-car, online quote, good driver, and paid-in-full.
• The Hartford may include discounts for bundle, air bag, driver training, vehicle fuel type, defensive driver, and good student.

When quoting, ask all the companies which discounts you qualify for. Discounts may not be available in your area.

Do I need special coverages?

When it comes to buying the best car insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Everyone’s needs are different and your policy should reflect that. These are some specific questions can aid in determining whether you would benefit from an agent’s advice.

• Do I need PIP coverage since I have good health insurance?
• Does my medical payments coverage pay my health insurance deductible?
• Is my custom paint covered by insurance?
• Do I need rental car coverage?
• Is my Suzuki XL-7 covered if I use it for business?
• Can I get a multi-policy discount?
• When should I remove comp and collision on my 2004 Suzuki XL-7?
• Am I covered if hit by an uninsured driver?
• What is medical payments coverage?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Car insurance 101

Learning about specific coverages of a insurance policy can help you determine which coverages you need and the correct deductibles and limits. Insurance terms can be confusing and nobody wants to actually read their policy. These are typical coverages found on the average insurance policy.

Collision protection

Collision insurance covers damage to your XL-7 resulting from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like sustaining damage from a pot hole, hitting a mailbox, backing into a parked car, damaging your car on a curb and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Suzuki XL-7.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits are identical to your policy’s liability coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for bills for prosthetic devices, surgery, EMT expenses and dental work. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

Comprehensive insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as hail damage, hitting a deer, a broken windshield, theft and a tree branch falling on your vehicle. The maximum payout your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability auto insurance

This protects you from damage that occurs to other’s property or people by causing an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for things like attorney fees, medical expenses and medical services. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Keep this in mind

Affordable 2004 Suzuki XL-7 insurance can be bought from both online companies as well as from insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some companies may not have online rate quotes and most of the time these smaller companies only sell through independent agents.

We covered some good ideas how you can save on 2004 Suzuki XL-7 insurance. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest rates are with the smaller companies. These companies may have significantly lower car insurance rates on certain market segments as compared to the big name companies such as State Farm or Progressive.

Additional insurance information can be found below:

• Auto Insurance Learning Center (State Farm)
• Teen Driving Statistics (iihs.org)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Auto Crash Statistics (Insurance Information Insitute)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)