Lower Your 2001 HUMMER H1 Car Insurance Rates

Comparing and finding cheap prices for auto insurance can be very difficult for beginners to buying insurance online. With such a large number of companies in the marketplace, it can easily become a real difficult job to find cheaper prices.

You should make it a habit to price shop coverage as often as possible because rates fluctuate regularly. Even if you got the best premium rates on H1 coverage a year ago a different company probably has better prices today. Block out anything you think you know about auto insurance because you’re about to learn the fastest and easiest way to find lower rates on auto insurance.

How to find low cost auto insurance

Comparing auto insurance rates can be a daunting task if you don’t know the fastest way to get free quotes. You could waste a few hours talking about coverages with local insurance agents in your area, or you can stay home and use the internet to accomplish the same thing much quicker.

Most car insurance companies belong to a marketplace that allows shoppers to submit one quote, and each company returns a rated price based on that data. This system prevents you from having to do repetitive form submissions to each individual auto insurance company.

To submit your quote information now, click to open in new window.

The only downside to getting quotes like this is buyers cannot specifically choose the insurers to get pricing from. So if you prefer to pick individual companies to compare, we put together a list of companies who write auto insurance in your area. View list of insurance companies.

However you get your quotes, try to use equivalent coverage limits on every quote. If you are comparing higher or lower deductibles it’s not possible to make a fair comparison for your HUMMER H1. Just slight variations in coverages can make a big difference in price. It’s important to know that comparing a large number of companies increases your odds of finding the best offered rates. Not every company allows you to get prices over the internet, so you should also compare quotes from the smaller companies as well.

Are you receiving every discount?

Companies don’t always list the complete list of policy discounts in a way that’s easy to find, so we took the time to find both well-publicized as well as the least known ways to save on car insurance.

  • Telematics Discount – Drivers who agree to allow their company to monitor driving manner by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system could possibly reduce rates if they have good driving habits.
  • Theft Prevention System – Cars that have factory anti-theft systems can help prevent theft and will qualify for a discount on a auto insurance quote.
  • Life Insurance Discount – If the company offers life insurance, you could get a break if you buy life insurance from them.
  • Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to use a seat belt may be able to save a few bucks off PIP or medical payments premium.
  • Federal Government Employee – Employees or retirees of the government may reduce rates when you quote auto insurance on H1 coverage with some car insurance companies.
  • Organization Discounts – Participating in qualifying employment or professional organizations could trigger savings on car insurance.
  • Online Discount – Some of the larger companies give back up to $50 for buying your policy on their website.
  • Waiver for an Accident – This one isn’t a discount, but companies like Geico, State Farm, and Progressive will let one accident slide without getting socked with a rate hike if you have no claims for a particular time prior to the accident.

You can save money using discounts, but some credits don’t apply to all coverage premiums. Most only apply to the price of certain insurance coverages like liability and collision coverage. Just because you may think all the discounts add up to a free policy, it just doesn’t work that way. Any qualifying discounts will cut your premiums.

Companies and some of the premium reductions they offer are:

  • Geico includes discounts for defensive driver, multi-policy, anti-lock brakes, five-year accident-free, federal employee, and emergency military deployment.
  • SAFECO may offer discounts for multi-car, homeowner, accident prevention training, anti-lock brakes, anti-theft, and bundle discounts.
  • State Farm has savings for Drive Safe & Save, multiple autos, student away at school, defensive driving training, and driver’s education.
  • MetLife policyholders can earn discounts including good student, accident-free, claim-free, multi-policy, defensive driver, and good driver.
  • 21st Century offers discounts for driver training, air bags, homeowners, 55 and older, anti-lock brakes, and automatic seat belts.
  • Progressive discounts include good student, continuous coverage, online quote discount, multi-vehicle, and online signing.

If you are trying to find cheaper auto insurance quotes, ask each company or agent to give you their best rates. A few discounts might not be offered on policies in your area. To choose insurance companies that offer many of these discounts, click this link.

Smart choices result in lower insurance costs

It’s important that you understand some of the factors that come into play when calculating your policy premiums. If you know what influences your rates, this empowers consumers to make smart changes that could help you find cheaper rates. Many different elements are considered when quoting car insurance. Some of the criteria are obvious like an MVR report, although others are not as apparent such as your marital status or how financially stable you are.

The itemized list below are a few of the “ingredients” used by companies to determine your premiums.

  • How credit rating affects insurance costs – An insured’s credit history factor in determining your rates. Consumers who have excellent credit tend to be better risks to insure than drivers who have bad credit. If your credit score can be improved, you could pay less to insure your 2001 HUMMER H1 by improving your credit score.
  • Insurance policy lapses increase insurance rates – Driving any period of time without insurance is against the law and your next policy will cost more because you let your coverage lapse. And not only will insurance be more expensive, the inability to provide proof of insurance may result in fines or a revoked license. You may have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
  • Males pay higher prices – The statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that men are WORSE drivers than women. Males and females cause accidents in similar percentages, but guys have costlier accidents. Not only are claims higher, but men receive more costly citations such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers are several times more likely to be in an accident so it costs more to insure them.
  • You might pay higher rates if you are single – Having a spouse actually saves money on your policy. Having a spouse may mean you are more stable financially it has been statistically shown that being married results in fewer claims.
  • Insurance rates in urban areas – Choosing to live in areas with lower population has definite advantages when insuring your vehicles. Urban drivers tend to have more traffic problems and more severe claims. Fewer drivers and short commutes translates into fewer accidents.
  • Better rates with anti-theft devices – Selecting a car model with an alarm system can get you a discount on your insurance. Advanced theft deterrents like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder auto theft.
  • Do you really need roadside assistance? – There are a ton of additional extra coverages you can purchase on your insurance policy. Coverages like replacement cost coverage, better glass coverage, and extra life insurance coverage could be just wasting money. These may sound like a good investment at first, but your money might be better spent on other coverage so get rid of them and save.

When in doubt talk to an agent

When choosing adequate coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s needs are different.

These are some specific questions might help in determining if your situation might need an agent’s assistance.

  • Do I benefit by insuring my home with the same company?
  • When would I need rental car insurance?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • What exactly is covered by my policy?
  • Does insurance cover tools stolen from my truck?
  • Do I pay less for low miles?
  • What is covered by UM/UIM coverage?
  • Do I need replacement cost coverage on my 2001 HUMMER H1?
  • How do I buy GAP insurance?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form.

Car insurance 101

Having a good grasp of a auto insurance policy can help you determine the right coverages for your vehicles. Auto insurance terms can be confusing and nobody wants to actually read their policy.

Comprehensive or Other Than Collision – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as theft, a tree branch falling on your vehicle and hitting a bird. The highest amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like sideswiping another vehicle, hitting a mailbox, hitting a parking meter, sustaining damage from a pot hole and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Medical costs insurance – Med pay and PIP coverage provide coverage for bills such as rehabilitation expenses, hospital visits, prosthetic devices, EMT expenses and ambulance fees. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Liability coverages – Liability insurance can cover injuries or damage you cause to other people or property that is your fault. It protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things such as repair bills for other people’s vehicles, repair costs for stationary objects, attorney fees, medical services and pain and suffering. How much coverage you buy is up to you, but consider buying as large an amount as possible.

UM/UIM Coverage – This protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

More choices the merrier

Consumers who switch companies do it for a number of reasons such as an unsatisfactory settlement offer, being labeled a high risk driver, policy cancellation and extreme rates for teen drivers. It doesn’t matter why you want to switch switching companies is not as difficult as it may seem.

We just presented a lot of information how to get a better price on 2001 HUMMER H1 insurance. The key thing to remember is the more quotes you get, the higher your chance of finding low cost auto insurance. You may even find the biggest savings come from the smaller companies.

Cheaper car insurance is available both online and with local insurance agents, so you need to quote auto insurance with both so you have a total pricing picture. There are still a few companies who do not provide online rate quotes and usually these small insurance companies work with independent agents.

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