Nobody that owns a car likes paying for car insurance, especially when they could find better prices if they shop around.

Discount GMC Terrain insuranceUnbelievably, most consumers have bought car insurance from the same company for a minimum of four years, and virtually 40% of consumers have never shopped around. Tacoma consumers can save approximately 40% each year by just shopping around, but they mistakenly think it's difficult to save money by comparing rate quotes. Lots of auto insurance companies contend for your hard-earned dollar, so it's not easy to compare every provider to find the best rate on GMC Terrain insurance in Tacoma.

It is always a good idea to shop coverage around yearly because car insurance prices tend to go up over time. Despite the fact that you may have had the lowest rates on GMC Terrain insurance in Tacoma a couple years back the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about car insurance because I'm going to let you in on the secrets to the fastest and easiest way to save money, get proper deductibles and limits, all at the lowest rate.

Informed Consumers Can Lower Their Insurance Costs

A large part of saving on auto insurance is knowing the factors that help determine your policy premiums. When consumers understand what determines base rates, this enables informed choices that will entitle you to lower rates.

The list below includes a partial list of the pieces auto insurance companies consider when setting your prices.

Vocation stress can affect premiums - Occupations such as judges, business owners and stock brokers generally have the highest rates attributed to stressful work requirements and lots of time spent at work. On the flip side, professions such as professors, historians and retirees pay lower than average rates.

Add-on coverages could be costing you - Policies have additional extra coverages that you can buy if you aren't careful. Add-on coverages like coverage for rental cars, death and dismemberment, and Farm Bureau memberships are probably not needed. The coverages may be enticing initially, but if you've never needed them in the past eliminate them to save money.

The type of car makes a difference - The performance of the car, truck or SUV you drive makes a substantial difference in how high your rates are. Due to the fact that the GMC Terrain is classified as a standard SUV, insurance will be slightly more as compared to the average rate in Tacoma. Small economy passenger vehicles receive the most favorable rates, but many other things help determine your insurance rates.

You might pay more if you are single - Having a wife or husband may earn you lower rates on your auto insurance bill. Having a significant other demonstrates that you tend to be more mature than a single person and it's proven that drivers who are married are more cautious.

Where you call home - Choosing to live in a rural area can be a good thing if you are looking for the lowest rates. Fewer drivers and short commutes translates into fewer accident claims in addition to lower liability claims Drivers who live in large Washington cities tend to have more traffic problems and more time behind the wheel. Spending more time driving translates into higher accident risk.

Excellent credit scores equal low rates - Having a bad credit rating is a big factor in calculating your auto insurance rates. If your credit rating leaves room for improvement, you could pay less to insure your GMC Terrain by improving your credit score. Insureds with high credit scores tend to be more responsible than drivers with poor credit.

Vehicle options that cut prices - Purchasing a vehicle with a theft deterrent system can help lower your premiums. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system help track and prevent car theft and help bring rates down.

Claims statistics for a GMC Terrain - Insurers include the past claim trends for vehicles to calculate a price that offsets possible losses. Vehicles that tend to have high amounts or severity of claims will cost more for coverage.

The table below demonstrates the actual insurance loss data for GMC Terrain vehicles. For each policy coverage, the statistical loss for all vehicles, without regard to make or model, is equal to 100. Values below 100 suggest a better than average loss history, while numbers above 100 indicate frequent claims or tendency to have larger claims.

Insurance Loss Ratings for GMC Terrain Vehicles

Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
GMC Terrain 4dr 2WD 89 83 81 96 92 86
GMC Terrain 4dr 4WD 89 86 85 83 82 74
BETTER
AVERAGE
WORSE

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

The best way we recommend to compare insurance rates in your area is to know almost all companies actually pay money for the chance to quote your coverage. The only thing you need to do is spend a couple of minutes providing details such as how much school you completed, your credit rating estimate, how much you drive, and whether you drive to work or school. The data is sent automatically to multiple different insurance companies and they respond with quotes immediately.

To compare lower-cost GMC Terrain insurance rates now, click here then complete the form.

The providers in the list below are our best choices to provide comparison quotes in Washington. If more than one company is shown, we recommend you click on several of them in order to get a fair rate comparison.

GMC Terrain Insurance Rates in Tacoma, WA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Terrain SLE 2WD $128 $222 $258 $16 $78 $702 $59
Terrain SLE AWD $178 $350 $326 $20 $98 $972 $81
Terrain SLT 2WD $280 $620 $304 $18 $90 $1,312 $109
Terrain SLT AWD $258 $452 $250 $14 $76 $1,050 $88
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Washington minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Premium amounts do not factor in vehicle location which can change insurance rates noticeably.

Higher deductibles save money

One of the most common car insurance questions is how low should you set your deductibles. The premium rates below summarize how much more rates are when you select higher and lower physical damage coverage deductibles. The first table uses a $100 deductible and the second price grid uses a $1,000 deductible.

GMC Terrain insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Terrain SLE 2WD $254 $458 $250 $14 $76 $1,077 $90
Terrain SLE AWD $254 $458 $250 $14 $76 $1,077 $90
Terrain SLT 2WD $286 $540 $250 $14 $76 $1,191 $99
Terrain SLT AWD $286 $540 $250 $14 $76 $1,191 $99
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GMC Terrain insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Terrain SLE 2WD $140 $242 $250 $14 $76 $722 $60
Terrain SLE AWD $140 $242 $250 $14 $76 $722 $60
Terrain SLT 2WD $158 $284 $250 $14 $76 $782 $65
Terrain SLT AWD $158 $284 $250 $14 $76 $782 $65
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Washington minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Prices do not factor in the specific area where the vehicle is garaged which can revise rates significantly.

Based on this data, using a $100 deductible costs approximately $32 more each month or $384 annually than choosing the higher $1,000 deductible. Because you would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have at a minimum 28 months between claim filings, you would more than likely save some money by going with a higher deductible.

How to calculate deductible break even point

Average monthly premium for $100 deductibles: $95
Average monthly premium for $1,000 deductibles (subtract): - $63
Monthly savings from raising deductible: $32
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $32
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 28 months

One important issue to know is that higher deductibles means you will have to pay more of your own money when you have a claim. You need to have enough disposable income in the event you need to pay the deductible to have repairs made.

Poor driving habits will raise your car insurance rates

The example below demonstrates how traffic citations and at-fault accidents impact GMC Terrain insurance premiums for different categories of driver ages. The costs are based on a married female driver, full coverage, $1,000 deductibles, and no additional discounts are factored in.

Well known brands might not be cheapest

Consumers get pounded daily by advertisements that promise big savings by companies like Progressive, GEICO, Allstate and State Farm. They all seem to make the promise about savings just by switching to their company.

How does every car insurance company offer drivers better rates? This is the way they can do it.

All the different companies are able to cherry pick for the type of customer that earns them the most money. An example of a profitable risk profile might be a married female, carries full coverage, and has a short commute. A customer that meets those criteria gets the lowest premium rates and most likely will save some money.

Potential insureds who fall outside the ideal profile may be forced to pay higher premium rates which results in the customer buying from a different company. If you listen to the ad wording, they say "drivers who switch" not "everyone who quotes" save that much money. That is how companies can make it sound like they have such great rates. Because every company is different, you absolutely need to get as many free Tacoma auto insurance quotes as possible. It is impossible to predict with any certainty which company will fit you best based on your risk profile.

Insurance in Washington serves several purposes

Despite the fact that insurance is not cheap in Tacoma, buying insurance may be required and benefits you in several ways.

The benefits of buying insurance more than offset the price you pay, especially if you ever need it. Today the average American driver is currently overpaying as much as $830 a year so it's very important to do a rate comparison every year to ensure rates are inline.

Save a ton by taking advantage of discounts

Car insurance is neither fun to buy or cheap, but there could be significant discounts that can help lower your rates. Some of these discounts will be visible when you purchase, but once in a while a discount must be asked about before you get the savings. If you are not receiving all the discounts available, you're paying more than you need to.Save money with discounts

A little note about advertised discounts, some of the credits will not apply to your bottom line cost. Most cut specific coverage prices like liability, collision or medical payments. Just because it seems like you can get free auto insurance, that's just not realistic.

If you would like to choose from a list of companies that have a full spectrum of discounts in Washington, click here to view.

Are car insurance agents obsolete?

A small number of people just prefer to sit down with an agent and doing so can bring peace of mind Good insurance agents can help you choose the best coverages and help in the event of a claim. The biggest benefit of comparing rate quotes online is that you can obtain lower rates and also buy local.

Insurance agents in TacomaFor easy comparison, once you complete this short form, the quote information is emailed to local insurance agents who can give free rate quotes to get your business. You won't need to find an agent on your own as quotes are delivered straight to your inbox. If you have a need to get a rate quote from a particular provider, feel free to navigate to their website to submit a rate quote request.

Deciding on a provider is decision based upon more than just the premium amount. These are some valid questions you should ask.

After talking to the agent and getting good answers to all your questions in addition to an acceptable price estimate, it's possible that you found a company that can be relied on to service your policy. But keep in mind it's your coverage and you can cancel a policy whenever you want so never assume that you're stuck with a specific agent for the full term.

Your situation helps dictate your coverage

When it comes to proper insurance coverage, there really isn't a one size fits all plan. Everyone's situation is unique so this has to be addressed.Higher deductibles save money For example, these questions might point out if your situation may require specific advice.

If you can't answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It's fast, free and can provide invaluable advice.

Persistence will pay off

Some insurance providers do not offer internet price quotes and usually these small insurance companies only sell through independent agents. Budget-friendly insurance in Tacoma can be bought online in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best price selection to choose from.

As you restructure your insurance plan, it's a bad idea to buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced liability coverage limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. The goal is to buy a smart amount of coverage for the lowest cost while not skimping on critical coverages.

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