2008 GMC Canyon Car Insurance Quotes – 10 Tricks for Cheaper Rates

I can’t think of a single person who rejoices having to buy insurance, in particular when it costs too dang much.

With people having so many choices, it can be impossible to locate the right insurance company.

You should make it a habit to do price comparisons before your next renewal because insurance prices change quite often. If you had the best price on Canyon coverage a few years ago you may be paying too much now. There is a lot of bad information regarding insurance out there, but you can learn some excellent ideas to find cheap insurance.

How to compare auto insurance rate quotes

All the larger auto insurance companies such as Progressive, Allstate and Geico allow you to get coverage prices from their websites. Getting prices online is fairly straightforward because you just enter your coverage preferences into the quote form. When complete, their rating system orders your driving and credit reports and generates a price. This makes it simple to compare prices but the work required to visit several different sites and complete many quote forms can be a bit tiresome and repetitive. But it’s also necessary to get many rate quotes if you want to find better auto insurance pricing.

The easiest way to find cheaper rates uses one form that analyzes rates from several companies at one time. It saves time, requires much less work on your part, and makes online shopping a lot less work. After sending your information, it gets priced and you can choose any or none of the quotes that you receive. If a lower price is quoted, you can simply submit the application and buy the new coverage. The entire process just takes a couple of minutes and you’ll know if lower rates are available.

To save time and find out how much you’re overpaying now, click here to open in new window and fill out the form. To compare your current rates, we recommend you replicate deductibles and limits identical to your current policy. This helps ensure you will have rate comparison quotes for exact coverage.

Get lower-cost car insurance quotes with discounts

Auto insurance companies don’t always list the complete list of policy discounts in a way that’s easy to find, so we break down both the well known as well as the least known credits that may apply to you.

Multi-policy Discount – If you can bundle your homeowners and auto insurance with one company you may save up to 20% off your total premium.
Early Switch Discount – A few larger companies allow discounts for switching to them prior to the expiration date on your current policy. It’s a savings of about 10%.
Online Discount – A handful of car insurance companies will give a small break for buying a policy and signing up over the internet.
Military Rewards – Being on active deployment in the military could mean lower rates.
Anti-lock Brake System – Vehicles with ABS braking systems or traction control can stop better under adverse conditions and the ABS can save up to 10%.
Payment Method – By paying your entire bill at once instead of monthly or quarterly installments you may reduce your total bill.
Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with cheaper prices.
Anti-theft System – Anti-theft and alarm system equipped vehicles are stolen with less frequency and qualify for as much as a 10% discount.
Discounts for New Vehicles – Adding a new car to your policy is cheaper compared to insuring an older model.
Safety Course Discount – Taking a course teaching defensive driver skills is a good idea and can lower rates if you qualify.

Remember that some of the credits will not apply to your bottom line cost. Most only reduce individual premiums such as comp or med pay. So even though they make it sound like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

A few of the larger companies and the discounts they provide are shown below.

Geico offers premium reductions for good student, military active duty, emergency military deployment, seat belt use, and federal employee.
USAA may offer discounts for multi-vehicle, vehicle storage, defensive driver, loyalty savings, military installation, and new vehicle.
Progressive offers discounts including multi-policy, continuous coverage, online signing, multi-vehicle, good student, and homeowner.
American Family policyholders can earn discounts including good student, multi-vehicle, Steer into Savings, defensive driver, mySafetyValet, air bags, and early bird.
Esurance offers discounts for claim free, online shopper, DriveSense, paid-in-full, safety device, Switch & Save, and anti-lock brakes.
Farmers Insurance includes discounts for alternative fuel, distant student, teen driver, multi-car, and switch companies.
State Farm has savings for good student, safe vehicle, driver’s education, defensive driving training, passive restraint, accident-free, and Drive Safe & Save.

If you need lower rates, check with all companies you are considering which discounts you may be entitled to. All car insurance discounts might not be offered in your area. For a list of car insurance companies who offer discounts, follow this link.

Tailor your auto insurance coverage to you

When choosing the right insurance coverage, there is no cookie cutter policy. Each situation is unique and your policy should reflect that. Here are some questions about coverages that might help in determining whether your personal situation will benefit from professional help.

Am I covered when renting a car or should I buy coverage from the car rental agency?
Do I have any recourse if my insurance company denies a claim?
Is motorclub coverage worth it?
I have health insurance so do I need medical payments coverage?
How can I get high-risk coverage after a DUI?
Can I make deliveries for my home business?
When do I need to add a new car to my policy?

If you can’t answer these questions, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Car insurance 101

Understanding the coverages of auto insurance aids in choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring. These are typical coverage types offered by auto insurance companies.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like chiropractic care, EMT expenses, prosthetic devices, pain medications and funeral costs. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

Collision insurance will pay to fix damage to your Canyon caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as colliding with a tree, colliding with another moving vehicle, sideswiping another vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Liability

This coverage can cover damage that occurs to people or other property that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage protects against things such as legal defense fees, loss of income, medical services and medical expenses. How much coverage you buy is a personal decision, but buy as much as you can afford.

Comprehensive auto insurance

This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from flooding, hitting a bird and a broken windshield. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.