2001 Suzuki XL7 Car Insurance Rates – 8 Ideas for Cheaper Quotes

Comparing insurance coverage rates online can be difficult if you’re new to online quotes. But don’t be discouraged because it’s actually quite easy.

It’s a great practice to compare rates occasionally because prices go up and down regularly. Just because you found the lowest price for XL7 coverage six months ago you will most likely find a better rate today. So just forget anything you know (or think you know) about insurance coverage because we’re going to show you the proper way to save on insurance coverage.

Comprehensive Auto Insurance Comparison

The are a couple different ways to compare rate quotes from different insurance companies. The easiest way by far to find the lowest 2001 Suzuki XL7 rates consists of shopping online. This can be done in several different ways.

  1. One of the best ways consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This method keeps you from doing repetitive form submissions for every auto insurance company. A single, simple form will return quotes from many national carriers. This is perfect if you don’t have a lot of time.
  2. A different way to get quotes online consists of visiting each individual company website and fill out their own quote form. For instance, let’s say you want comparison quotes from GEICO, Safeco and GMAC. To find out each rate you need to spend time on each company’s site and enter your policy data, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.

However you get your quotes, ensure you’re using apples-to-apples information with each company. If you compare different limits and deductibles on each one it will be impossible to determine the best price for your Suzuki XL7. Having just a slight variation in coverage limits may result in large price differences. It’s important to know that quoting more gives you a better chance of getting a lower rate.

Auto insurance myths debunked

21st Century, Allstate and State Farm constantly bombard you with ads on TV and radio. All the companies make the same claim that you’ll save big if you switch your policy. How can each company make the same claim? This is how they do it.

Insurance companies have a preferred profile for the type of driver they prefer to insure. For example, a driver they prefer might be between 30 and 50, a clean driving record, and drives less than 10,000 miles a year. Any driver who fits that profile is entitled to the best price and most likely will save when switching.

Potential customers who don’t measure up to the requirements must pay a higher premium and ends up with business going elsewhere. The ads state “customers that switch” not “everyone that quotes” save money. This is how companies can state the savings.

This illustrates why drivers should get as many quotes as possible. It’s not possible to predict which company will give you the biggest savings on Suzuki XL7 insurance.

How to reduce Suzuki XL7 insurance rates

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that you may not even be aware of. Most are applied at the time you complete a quote, but a few must be asked about prior to getting the savings.

  • More Vehicles More Savings – Buying insurance for multiple cars or trucks with the same company could earn a price break for each car.
  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class if it’s offered in school.
  • Discounts for Safe Drivers – Insureds without accidents may receive a discount up to 45% less for XL7 coverage than their less cautious counterparts.
  • Senior Discount – Mature drivers can possibly qualify for a discount up to 10% for XL7 coverage.
  • Theft Prevention Discount – Vehicles with anti-theft systems help deter theft and earn discounts up to 10%.
  • Memberships – Being a member of a qualifying organization may earn a discount on auto insurance for XL7 coverage.
  • Distant Student – Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Sign Online – A handful of insurance companies give back up to $50 for buying a policy and signing up on their website.

Consumers should know that some of the credits will not apply to all coverage premiums. Some only apply to specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears you could get a free auto insurance policy, you’re out of luck. But all discounts will reduce your overall premium however.

Car insurance companies that may have these discounts are:

Check with every prospective company what discounts are available to you. Discounts may not be available everywhere.

Tailor your coverage to you

When it comes to choosing the best insurance coverage for your personal vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s.

For example, these questions may help you determine if you may require specific advice.

  • What if I owe more than I can insure my car for?
  • Should I have combined single limit or split liability limits?
  • Are my tools covered if they get stolen from my vehicle?
  • When should I not file a claim?
  • Does my personal policy cover me when driving out-of-state?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Does car insurance cover theft of personal property?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

Insurance policy specifics

Understanding the coverages of a insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Liability

Liability coverage protects you from damage or injury you incur to a person or their property. This coverage protects you from claims by other people. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like medical expenses, court costs, repair bills for other people’s vehicles, repair costs for stationary objects and attorney fees. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Coverage for medical payments

Med pay and PIP coverage reimburse you for immediate expenses for nursing services, hospital visits, doctor visits, prosthetic devices and chiropractic care. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Comprehensive coverages

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from getting keyed, rock chips in glass and theft. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision insurance

Collision insurance covers damage to your XL7 caused by collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like hitting a mailbox, sustaining damage from a pot hole, rolling your car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your Suzuki XL7.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Most of the time these limits are set the same as your liablity limits.

More quotes mean more savings

You just learned some good ideas how you can get a better price on 2001 Suzuki XL7 insurance. The key concept to understand is the more times you quote, the higher the chance of saving money. You may be surprised to find that the lowest priced car insurance comes from a small mutual company.

Low-cost insurance is possible from both online companies in addition to many insurance agents, so you should compare both so you have a total pricing picture. Some companies do not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

While you’re price shopping online, never skimp on coverage in order to save money. There are a lot of situations where drivers have reduced liability limits or collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The proper strategy is to get the best coverage possible at an affordable rate while still protecting your assets.

More detailed car insurance information can be read at these sites: