2014 GMC Terrain Car Insurance Cost – 8 Ideas for Cheaper Prices

Want lower insurance rates for your GMC Terrain? Frustrated by the wide range of insurance providers? There are so many providers available that it is a big hassle to find lower premium rates.

It’s a great practice to compare prices as often as possible due to the fact that insurance prices change regularly. Just because you found the lowest price for Terrain coverage two years ago there is a good chance you can find better rate quotes now. Forget all the misinformation about insurance because you’re going to get a crash course in the proper way to remove unneeded coverages and save money.

Cheaper car insurance rates with discounts

Auto insurance companies do not advertise every disount available very clearly, so the list below details both the well known as well as some of the hidden car insurance savings.

• College Student – Youth drivers who are enrolled in higher education away from home and won’t have access to an insured vehicle can be insured at a reduced rate.
• Employee of Federal Government – Having worked for a branch of the government can save as much as 8% for Terrain coverage with select insurance companies.
• Discount for Life Insurance – If the company offers life insurance, you could get a small discount if you purchase some life insurance too.
• Own a Home and Save – Being a homeowner may earn you a small savings because maintaining a house is proof that your finances are in order.
• Theft Prevention System – Cars optioned with advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
• No Claim Discounts – Insureds who avoid accidents and claims pay much less in comparison with drivers who are more careless.
• Driver’s Education for Students – Require your teen driver to enroll and complete driver’s education in school.
• ABS and Traction Control Discounts – Anti-lock brake equipped vehicles can stop better under adverse conditions so companies give up to a 10% discount.

As a sidenote, most discounts do not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as medical payments or collision. So when it seems like having all the discounts means you get insurance for free, companies don’t profit that way.

Larger car insurance companies and some of their more popular discounts include:

• State Farm policyholders can earn discounts including student away at school, passive restraint, Steer Clear safe driver discount, driver’s education, multiple policy, and multiple autos.
• Esurance may include discounts for paid-in-full, safety device, anti-lock brakes, defensive driver, anti-theft, and good driver.
• Progressive discounts include online signing, multi-vehicle, multi-policy, good student, online quote discount, and homeowner.
• Liberty Mutual has savings for multi-policy, exclusive group savings, multi-car, hybrid vehicle, and new vehicle discount.
• Auto-Owners Insurance includes discounts for multi-policy, safe vehicle, air bags, mature driver, paperless, and company car.
• Geico may have discounts that include multi-vehicle, military active duty, driver training, emergency military deployment, membership and employees, and multi-policy.

If you want affordable car insurance quotes, ask each insurance company how you can save money. All car insurance discounts may not apply in every state.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Tailor your car insurance coverage to you

When it comes to choosing the best car insurance coverage, there isn’t really a single plan that fits everyone. Everyone’s needs are different.

Here are some questions about coverages that can aid in determining whether your personal situation would benefit from an agent’s advice.

• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Does medical payments coverage apply to all occupants?
• What vehicles should carry emergency assistance coverage?
• How can I get high-risk coverage after a DUI?
• Is pleasure use cheaper than using my 2014 GMC Terrain to commute?
• If I drive on a suspended license am I covered?
• Am I covered if I wreck a rental car?
• Should I drop comprehensive coverage on older vehicles?
• Am I covered when delivering products for my home-based business?
• Can I get a multi-policy discount?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form.

Well known brands might not be cheapest

State Farm, Geico and Progressive constantly bombard you with ads on TV and radio. They all try to convey promises that people will save if you change your policy. That’s great but how can every company charge lower premium rates? It’s all in the wording.

Insurance companies have a preferred profile for the type of customer that will not have excessive claims. For example, a profitable customer may be between the ages of 30 and 50, has a clear driving record, and drives newer vehicles. Anyone who fits those characteristics receives the best prices and will probably save money with a new company.

Potential insureds who fall outside those criteria will probably have to pay a more expensive rate which translates to business going elsewhere. Company advertisements say “drivers that switch” not “everyone that quotes” save money. This is how insurance companies can claim big savings. Different companies use different criteria so you really need to do a quote comparison often. It is impossible to guess with any certainty which company will fit you best based on your risk profile.

Auto insurance coverages

Knowing the specifics of your car insurance policy aids in choosing the right coverages for your vehicles. Car insurance terms can be ambiguous and nobody wants to actually read their policy.

Comprehensive insurance

Comprehensive insurance coverage covers 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 insurance covers claims like a broken windshield, damage from getting keyed and vandalism. The most your car insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision insurance

This will pay to fix damage to your Terrain resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things such as hitting a mailbox, damaging your car on a curb, colliding with a tree, crashing into a ditch and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for short-term medical expenses like ambulance fees, surgery and funeral costs. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Liability coverages

This coverage will cover injuries or damage you cause to people or other property by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims like court costs, funeral expenses, medical services and loss of income. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your GMC Terrain.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Be a smart shopper

We just covered a lot of ways to compare 2014 GMC Terrain insurance prices online. The most important thing to understand is the more you quote car insurance, the better likelihood of getting inexpensive car insurance. Consumers may even find the lowest priced car insurance comes from the smaller companies.

Consumers change insurance companies for a variety of reasons including not issuing a premium refund, an unsatisfactory settlement offer, questionable increases in premium and even unfair underwriting practices. No matter why you want to switch, switching companies is less work than it seems.

Some insurance companies don’t offer online price quotes and most of the time these small, regional companies provide coverage only through independent agencies. Budget-friendly car insurance can be sourced on the web and with local insurance agents, and you need to price shop both in order to have the best price selection to choose from.

Much more information about car insurance can be found below:

• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• Learn About Car Insurance (Geico)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• Winter Driving (Insurance Information Insitute)
• All About Airbag Safety (State Farm)

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption