How to Compare Plano Suzuki Grand Vitara Insurance

Discount Suzuki Grand Vitara insuranceAmazingly, a recent study showed that over 70% of Texas drivers have been with the same company for four years or more, and nearly 40% of drivers have never compared car insurance rates at all. Many drivers in the U.S. could cut their rates by $860 a year just by getting comparison quotes, but they don’t want to spend time to save money by comparing rate quotes.

It takes a little time, but the best way to find low-cost car insurance rates in Plano is to compare quotes once a year from companies in Texas. Drivers can shop around by following these steps.

First, gain an understanding of how insurance companies determine prices and the things you can change to prevent expensive coverage. Many policy risk factors that cause high rates like speeding tickets, accidents and an unfavorable credit rating can be eliminated by making minor changes in your lifestyle.

Second, compare rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from one company like Progressive or Allstate, while independent agencies can provide rate quotes from multiple companies.

Third, compare the new rate quotes to your existing rates and determine if there is any savings. If you find a lower rate quote, make sure the effective date of the new policy is the same as the expiration date of the old one.

The most important part of this process is that you use the same amount of coverage on each quote request and and to get price quotes from all possible companies. This enables a level playing field and the best rate selection.

Companies offering Suzuki Grand Vitara insurance in Plano

The companies shown below can provide free rate quotes in Plano, TX. If you wish to find cheaper car insurance in Plano, TX, we suggest you get price quotes from several of them in order to get a fair rate comparison.

Insurance coverage analysis

The data table displayed below highlights detailed analysis of policy rates for Suzuki Grand Vitara models. Having knowledge of how policy rates are calculated can help guide drivers when making smart choices when choosing a car insurance company.

Suzuki Grand Vitara Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Vitara 2WD $232 $412 $430 $26 $128 $1,228 $102
Grand Vitara Premium 2WD $232 $486 $430 $26 $128 $1,302 $109
Grand Vitara Premium 4WD $232 $486 $430 $26 $128 $1,302 $109
Grand Vitara Limited 2WD $232 $486 $430 $26 $128 $1,302 $109
Grand Vitara Special Edition 4WD $232 $486 $430 $26 $128 $1,302 $109
Grand Vitara XSport 2WD $232 $486 $430 $26 $128 $1,302 $109
Grand Vitara Limited 4WD $258 $486 $430 $26 $128 $1,328 $111
Grand Vitara XSport 4WD $258 $486 $430 $26 $128 $1,328 $111
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Data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Premium costs do not factor in Plano location which can alter auto insurance rates considerably.

Higher deductibles lower rates

When shopping for car insurance, a common question is where should you set your physical damage deductibles. The figures shown below may help you to understand how much more rates are of buying low and high coverage deductibles. The first price estimate table uses a $100 deductible and the second rate chart uses a $500 deductible.

Suzuki Grand Vitara insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Vitara 2WD $370 $592 $382 $22 $114 $1,505 $125
Grand Vitara Premium 2WD $370 $698 $382 $22 $114 $1,611 $134
Grand Vitara Premium 4WD $370 $698 $382 $22 $114 $1,611 $134
Grand Vitara Limited 2WD $370 $698 $382 $22 $114 $1,611 $134
Grand Vitara Special Edition 4WD $370 $698 $382 $22 $114 $1,611 $134
Grand Vitara XSport 2WD $370 $698 $382 $22 $114 $1,611 $134
Grand Vitara Limited 4WD $412 $698 $382 $22 $114 $1,653 $138
Grand Vitara XSport 4WD $412 $698 $382 $22 $114 $1,653 $138
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Suzuki Grand Vitara insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Vitara 2WD $270 $400 $382 $22 $114 $1,188 $99
Grand Vitara Premium 2WD $270 $472 $382 $22 $114 $1,260 $105
Grand Vitara Premium 4WD $270 $472 $382 $22 $114 $1,260 $105
Grand Vitara Limited 2WD $270 $472 $382 $22 $114 $1,260 $105
Grand Vitara Special Edition 4WD $270 $472 $382 $22 $114 $1,260 $105
Grand Vitara XSport 2WD $270 $472 $382 $22 $114 $1,260 $105
Grand Vitara Limited 4WD $300 $472 $382 $22 $114 $1,290 $108
Grand Vitara XSport 4WD $300 $472 $382 $22 $114 $1,290 $108
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Rates do not factor in specific location information which can lower or raise coverage rates substantially.

We can derive from the above data that using a $100 deductible costs roughly $29 more each month or $348 a year than choosing the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at least 14 months between claim filings, you would more than likely save some money going with the higher deductible. The illustration below shows the way we made this calculation.

Average monthly premium for $100 deductibles: $134
Average monthly premium for $500 deductibles (subtract): – $105
Monthly savings from raising deductible: $29
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $29
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 14 months

One important issue to know is that increasing deductibles to lower your rates means you will have to pay more when you have to file a claim. You should have enough extra money in the event you have to pay the higher deductible in order to repair your vehicle.

Accidents and violations increase rates

The example below shows how speeding tickets and at-fault fender-benders can affect Suzuki Grand Vitara yearly insurance costs for each different age group. The rates are based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied.

Cost comparison with and without full coverage

The chart below visualizes the comparison of Suzuki Grand Vitara insurance costs with full physical damage coverage and with liability coverage only. The premiums are based on no claims or violations, $500 deductibles, single status, and no other discounts are factored in.

Guidelines for eliminating full coverage

There isn’t a steadfast formula for dropping full coverage on your policy, but there is a broad guideline. If the annual cost of your full coverage insurance is more than 10% of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

For example, let’s say your Suzuki Grand Vitara settlement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, you would only receive $6,000 after the policy deductible has been paid. If you are currently paying more than $600 annually for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some conditions where removing full coverage is not financially feasible. If you haven’t paid off your loan, you have to keep full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should keep full coverage in place.

Score discounts on Plano auto insurance

Companies offering auto insurance don’t always list the complete list of policy discounts in an easy-to-find place, so we break down a few of the more well known and the more hidden ways to save on auto insurance. If you do not check that you are getting every discount possible, you are paying more than you should be.Auto insurance discounts

Please keep in mind that many deductions do not apply to your bottom line cost. Most cut specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like you could get a free auto insurance policy, insurance companies wouldn’t stay in business. But any discount should definitely cut your overall bill.

The illustration below illustrates the comparison of Suzuki Grand Vitara insurance costs with and without policy discounts. The premiums assume a female driver, no claims or driving violations, Texas state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, homeowner, claim-free, safe-driver, and marriage discounts applied.

Popular auto insurance companies and their possible discounts are outlined below.

Double check with every prospective company what discounts are available to you. Discounts might not be offered on policies in your state. To find auto insurance companies that provide some of the discounts listed above in Texas, click here to view.

Get rate quotes but buy from a local neighborhood Plano car insurance agent

Some consumers would rather visit with an insurance agent and that is a smart decision A good thing about price shopping on the web is that you can find cheap insurance rates but also keep your business local.

Plano insurance agentsFor easy comparison, once you complete this simple form, your insurance data gets sent to local insurance agents in Plano that provide free Plano auto insurance quotes for your insurance coverage. It makes it easy because there is no need to search for an agent since price quotes are sent to you instantly. You’ll get the best rates without the usual hassles of price shopping. If for some reason you want to get a comparison quote from a specific company, feel free to search and find their rate quote page and complete a quote there.

Picking an insurance company should include more criteria than just the price. Here are some questions to ask:

Different types of Plano auto insurance agents

If you need to find a reliable agent, it’s helpful to know the different agency structures that differ in how they can insure your vehicles. Agents are classified as either exclusive or independent agents depending on their company appointments.

Exclusive Agencies

Exclusive insurance agents have only one company to place business with such as Allstate, Farmers Insurance, State Farm, and AAA. They generally cannot compare other company’s rates so always compare other rates. They receive extensive training on sales techniques which can be an advantage.

The following are exclusive agents in Plano who can help you get rate quotes.

3608 Preston Rd #200Plano, TX 75093(972) 867-0090View Map

8612 Preston Rd d119Plano, TX 75024(972) 384-2660View Map

1721 W Plano Pkwy Ste 127Plano, TX 75075(972) 596-5511View Map

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Independent Insurance Agents

These type of agents can sell policies from many different companies and that gives them the ability to insure with multiple insurance companies and get you the best rates possible. To transfer your coverage to a different company, they simply switch companies in-house without you having to go to a different agency. If you are comparing insurance prices, we recommend you include rate quotes from at least one independent agent so that you have a good selection of quotes to compare.

The following is a list of independent agents in Plano that are able to give price quote information.

2817 Regal Rd # 101Plano, TX 75075(972) 596-5866View Map

3131 Custer Rd #275Plano, TX 75075(866) 386-0739View Map

5600 Tennyson Pkwy #243Plano, TX 75024(972) 665-9975View Map

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Once you have acceptable answers to your questions and a good coverage price, most likely you have located a car insurance agent that can be trusted to properly service your insurance policy.

Educate yourself about auto insurance coverages

Understanding the coverages of a auto insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types available from auto insurance companies.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for expenses like surgery, dental work, chiropractic care and pain medications. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Auto liability insurance

This protects you from damage or injury you incur to a person or their property by causing an accident. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 30/60/25 that means you have a limit of $30,000 per injured person, a limit of $60,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things like bail bonds, funeral expenses and structural damage. How much coverage you buy is up to you, but buy as much as you can afford. Texas state law requires minimum liability limits of 30/60/25 but it’s recommended drivers buy more liability than the minimum.

The next chart shows why buying the state minimum limits may not be enough coverage.

Collision coverage protection

Collision coverage pays for damage to your Grand Vitara resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like crashing into a building, hitting a mailbox and backing into a parked car. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible on your Grand Vitara in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, damage from flooding, hail damage and a broken windshield. The maximum payout your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Suzuki Grand Vitara.

Since many Texas drivers have only the minimum liability required by law (which is 30/60/25), their limits can quickly be used up. So UM/UIM coverage is a good idea.

Keep this in mind when shopping around

While you’re price shopping online, don’t be tempted to reduce coverage to reduce premium. There are many occasions where an insured dropped comprehensive coverage or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase a proper amount of coverage at the lowest possible cost.

We just covered a lot of information how to compare Suzuki Grand Vitara insurance rates in Plano. The most important thing to understand is the more providers you compare, the better likelihood of getting low cost Plano auto insurance quotes. Consumers could even find that the best rates are with a small mutual company. Regional companies may have significantly lower auto insurance rates on certain market segments compared to the large companies like Progressive or GEICO.

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