How Much Does 2017 GMC Acadia Insurance Cost?

Trying to find lower auto insurance rates for your GMC Acadia? Feel like you have high-priced auto insurance? Don’t sweat it because many drivers have buyer’s remorse.

Consumers have many car insurance companies to choose from, and even though it’s nice to be able to choose, it makes it harder to compare rates and cut insurance costs.

It’s a good habit to compare rates at least once a year because rates change regularly. Despite the fact that you may have had the best deal for Acadia insurance last year you may be paying too much now. There is a lot of bad advice regarding auto insurance online but in just a couple of minutes you can learn a bunch of ideas how to slash your auto insurance rates.

Buying car insurance is not that difficult. If you are paying for car insurance now, you will be able to lower your premiums substantially using these techniques. Nevertheless, car owners do need to know how companies market on the web.

You can change your insurance premiums

Consumers need to have an understanding of some of the elements that come into play when calculating insurance coverage rates. If you have some idea of what determines base rates, this allows you to make educated decisions that can earn you lower premium levels.

  • Always keep your coverage in place – Driving any period of time without insurance is a big no-no and you may have a hard time finding new coverage because you let your insurance lapse. Not only will you pay more, being ticketed for driving with no insurance might get you a hefty fine and possibly a revoked license. You may need to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
  • Insurance coverage rates and your job – Jobs like judges, executives and emergency personnel generally have higher premium rates due to job stress and long work hours. On the flip side, jobs such as actors, engineers and retirees receive lower rates for Acadia insurance.
  • Long commutes cost more – Driving a lot of miles each year the more you will pay for insurance coverage. The majority of insurers price each vehicle’s coverage based upon how the vehicle is primarily used. Cars and trucks used primarily for pleasure use receive lower rates than cars that get driven a lot. An improperly rated Acadia may be costing you. Verify your policy states how each vehicle is driven.
  • Get married and get better costs – Having a significant other actually saves money on insurance coverage. It means you’re more stable financially and it’s statistically proven that married drivers get in fewer accidents.
  • Low deductibles cost more – Physical damage coverage, termed comprehensive and collision coverage on your policy, covers your vehicle from damage. Some examples of covered claims are running into the backend of another car, collision with an animal, and rolling your vehicle. Your deductibles state the amount of money you are required to spend out-of-pocket in the event of a claim. The more expense you choose to pay out-of-pocket, the less your company will charge you for insurance for Acadia insurance.
  • Your gender affects premiums – Over time, data shows women tend to be less risk to insure than men. It does not mean females are better at driving than males. Women and men cause at-fault accidents at a similar rate, but men tend to have higher claims. Men also get higher numbers of serious violations such as DWI and reckless driving. Teenage male drivers tend to get in the most accidents and are penalized with high insurance coverage rates.
  • Bundle policies to earn discounts – Most insurers allow a discount to insureds who consolidate policies with them such as combining an auto and homeowners policy. This can amount to anywhere from five to ten percent in most cases. If you currently are using one company, it’s in your best interest to compare rates to help ensure you have the lowest rates.
  • How your age affects premiums – Teenage drivers are known to be more careless when driving with friends so they pay higher insurance coverage rates. Older people tend to be more responsible, file fewer claims and receive fewer citations.

Auto insurance quotes and discounts

Auto insurance companies do not advertise the entire discount list very well, so we break down some of the best known and the harder-to-find discounts that you may qualify for.

  • Senior Citizen Discount – Seniors may qualify for a small discount on rates for Acadia insurance.
  • Own a Home and Save – Just being a homeowner can save a few bucks because maintaining a house is proof that your finances are in order.
  • Claim-Free Discount – Good drivers with no accidents can save substantially when compared with bad drivers.
  • Discounts for New Vehicles – Buying insurance coverage on a new vehicle may earn a small discount due to better safety requirements for new model year vehicles.
  • Service Members Pay Less – Having a deployed family member may lower your rates slightly.
  • Early Payment Discounts – By making one initial payment rather than spreading payments over time you could save up to 5%.
  • Telematics Data Discounts – Policyholders that allow their auto insurance company to look at driving habits by installing a telematics device such as State Farm’s In-Drive might get better premium rates if they exhibit good driving behavior.

Don’t be surprised that most discounts do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as medical payments or collision. Just because you may think adding up those discounts means a free policy, you aren’t that lucky.

Auto insurance companies that have some of the above discounts may include but are not limited to:

Before you buy a policy, ask all companies you are considering which discounts you may be entitled to. Some credits might not apply in your area.

Is there truth in advertising?

Well-known car insurance companies like 21st Century, Allstate and State Farm seem to constantly run television, radio, and online ads. All the ads say the same thing of big savings just by moving your coverage. But how can every company lower your prices? It’s all in the numbers.

Different companies give the cheapest rates for the driver that makes them money. For instance, a desirable risk could possibly be a married male, has never had a claim, and insures a new vehicle. Someone who matches that profile will most likely get cheap auto insurance rates and is almost guaranteed to pay quite a bit less when switching companies.

Drivers who may not quite match these stringent criteria may receive higher prices which usually ends up with the customer buying from someone else. The trick companies use is to say “drivers who switch” not “all people who quote” save that kind of money. That is how insurance companies can claim big savings. Because every company is different, drivers should do a quote comparison often. It’s just not possible to know the company that will have the lowest rates.

Situations that may require an agent’s advice

When buying coverage for your personal vehicles, there is no one size fits all plan. Everyone’s situation is a little different and your policy should reflect that. For example, these questions can help discover whether you will benefit from professional help.

  • Why am I required to buy liability insurance?
  • I have good health insurance, so how much medical payments coverage do I need?
  • What is covered by UM/UIM coverage?
  • Does insurance cover damages from a DUI accident?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • How can I find cheaper teen driver insurance?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

What insurance coverages do you need?

Understanding the coverages of your policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages offered by insurance companies.

Collision insurance

This pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things like colliding with a tree, sideswiping another vehicle and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like chiropractic care, dental work and funeral costs. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your GMC Acadia.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive auto coverage

This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, rock chips in glass and a broken windshield. The most a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto liability

This will cover damage that occurs to other people or property that is your fault. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 100/300/100 which stand for $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims like attorney fees, bail bonds and pain and suffering. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Knowledge is power

We just showed you a lot of ways to shop for 2017 GMC Acadia insurance online. The key concept to understand is the more companies you get rates for, the more likely it is that you will get a better rate. You may even find the biggest savings come from a small mutual company. They may cover specific market segments cheaper as compared to the big name companies such as State Farm and Allstate.

There are still a few companies who don’t offer the ability to get quotes online and usually these smaller companies work with independent insurance agencies. More affordable insurance can be sourced from both online companies in addition to local insurance agencies, and you should compare rates from both in order to have the best price selection to choose from.

Additional insurance information is available below: