Cheaper 2008 GMC Acadia Insurance Quotes

A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. So even though you would think you could get a free car insurance policy, nobody gets a free ride.

To find insurers who offer free car insurance quotes, click here.

Seven factors that affect insurance rates

Lots of factors are considered when premium rates are determined. Some of the criteria are obvious such as your driving record, but some are not quite as obvious such as whether you are married and annual miles driven.

• Vehicle options impact premiums – Owning a car with an alarm system can help lower your rates. Advanced theft deterrents like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar help track and prevent auto theft and help lower rates.
• Premiums and employer – Did you know that where you work can have an impact on rates? Careers like doctors, executives and stock brokers tend to have higher premium rates because of job stress and extremely grueling work hours. Conversely, occupations such as actors, engineers and homemakers get better rates for Acadia coverage.
• Drivers with responsible credit save on auto insurance – Having a good credit score will be a significant factor in determining what you pay. If your credit is not that good, you could save money insuring your 2008 GMC Acadia by spending a little time repairing your credit. Insureds with excellent credit tend to be less risk to insure than those with lower ratings.
• Know your vehicle’s crash test rating – Vehicles with high crash test scores cost less to insure. Vehicles built for safety reduce injuries and lower injury rates translates into savings for insurance companies and lower rates for you.
• Men pay more for car insurance – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. The data does not necessarily mean that males are worse at driving than females. Both sexes are responsible for accidents in similar numbers, but the men have accidents that have higher claims. Men also statistically receive more costly citations like reckless driving and DUI.
• Do you save by driving less? – The higher the miles on your GMC each year the higher the price you pay to insure it. Almost all companies charge to insure your cars based upon how you use the vehicle. Cars that sit idle most of the time receive better premium rates compared to those used for work or business. A policy that improperly rates your Acadia may be costing you higher rates. It’s a good idea to make sure your vehicle rating correctly shows the proper vehicle usage, because improper ratings can cost you money.
• Getting married is a good thing – Having a significant other can get you a discount compared to being single. It translates into being more mature and statistics show drivers who are married file infrequent claims.

Do I just need basic coverages?

When it comes to choosing adequate coverage, there really is not a cookie cutter policy. Each situation is unique.

For instance, these questions may help you determine whether your personal situation would benefit from an agent’s advice.

• Do I need an umbrella policy?
• I have health insurance so do I need medical payments coverage?
• Should I put collision coverage on all my vehicles?
• Should I buy full coverage?
• Is business equipment covered while in my vehicle?
• Is business property covered if stolen from my car?
• Are my tools covered if they get stolen from my vehicle?
• Is pleasure use cheaper than using my 2008 GMC Acadia to commute?
• When does my teenage driver need to be added to my policy?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and can provide invaluable advice.

The largest companies are not always cheapest

Consumers can’t get away from ads for cheaper insurance coverage from the likes of Allstate, Geico and Progressive. All the ads have a common claim of big savings after switching to them.

How does every company save you money? It’s all in the words they use.

Many companies quote their best rates for the type of customer that earns them the highest profit. A good example of this type of insured could be over the age of 45, has never had a claim, and drives less than 10,000 miles a year. Any new insured who matches those parameters will probably get cheap rates and will most likely save some money.

Potential customers who do not meet the ideal profile may receive a higher rate and business not being written. If you listen to the ad wording, they say “customers who switch” but not “everyone who gets a quote” can save as much as they claim. This is how companies can lure you into getting a quote.

Because of the profiling, it is so important to get as many free insurance quotes as possible. It’s just not possible to know which insurance coverage company will give you lower premium rates than your current company.

What insurance coverages do you need?

Learning about specific coverages of your insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a deer, falling objects and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for bills like chiropractic care, nursing services, ambulance fees, X-ray expenses and hospital visits. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision protection

This coverage covers damage to your Acadia resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as damaging your car on a curb, rolling your car, backing into a parked car, scraping a guard rail and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also increase the deductible to save money on collision insurance.

Auto liability

This coverage protects you from damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU against other people’s claims. It does not 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. You commonly see values of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as medical expenses, repair bills for other people’s vehicles and emergency aid. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your GMC Acadia.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Best coverage at the best price

People who switch companies do it for a variety of reasons including being labeled a high risk driver, not issuing a premium refund, high prices and even policy cancellation. No matter why you want to switch, choosing a new insurance company can be less work than you think.

We’ve covered quite a bit of information on how to compare 2008 GMC Acadia insurance car insurance rates online. The most important thing to understand is the more quotes you get, the higher your chance of finding the cheapest insurance. You may even discover the best price on auto insurance is with the least-expected company.

When trying to cut insurance costs, it’s a bad idea to sacrifice coverage to reduce premiums. In too many instances, someone dropped comprehensive coverage or liability limits and learned later that the savings was not a smart move. Your aim should be to find the BEST coverage at the best cost, not the least amount of coverage.

More detailed auto insurance information is available in the articles below:

• Eight Auto Insurance Myths (Insurance Information Insitute)
• Who Has Cheap Car Insurance Rates for a GMC Acadia in San Francisco? (SFAutoGuard.com)
• Red Light Cameras (State Farm)
• Side Impact Crash Tests (iihs.org)
• Speed and Speed Limit FAQ (iihs.org)
• Older Drivers FAQ (iihs.org)