Cheap Quotes for Suzuki Grand Vitara Insurance in Cincinnati

Looking for lower-priced Suzuki Grand Vitara insurance in Cincinnati? Do you get overwhelmed by the sheer number of auto insurance sources that you can choose from? Ohio people have so many choices that it can be a lot of work to find the best rates for Suzuki Grand Vitara insurance in Cincinnati. Everyone knows Cincinnati has lots to offer, but inflated auto insurance rates can make it impossible to pay for enough auto insurance coverage.

It’s easy to assume that car insurance companies don’t want you to compare rates. Drivers who shop around for a cheaper policy will, in all likelihood, buy a different policy because of the high probability of finding a policy with more affordable rates. Surprisingly, a recent survey revealed that drivers who compared rates once a year saved over $72 a month compared to those who never shopped around.

If finding the cheapest price on car insurance is the reason you’re here, then knowing how to shop for insurance premiums can make shopping around easier.

Locating the best rates in Cincinnati seems hard but is not really that difficult. Essentially every person who is required to buy insurance will most likely be able to reduce their rates. But Ohio car owners can benefit from knowing how companies price online insurance because it can help you find the best coverage.

Informed Consumers Can Reduce Their Insurance Prices

Many different elements are used when you quote your car insurance policy. Some are pretty understandable such as traffic violations, but others are less obvious such as your credit history and annual miles driven. Part of the insurance buying process is learning the different types of things that play a part in calculating the price you pay for insurance. If you understand what influences your rates, this enables you to make decisions that can help you get cheaper rates.

High deductibles equal low rates – Coverage for physical damage, aka comp and collision, covers your vehicle from damage. Some examples of claims that would be covered are a windshield shattered by a rock, damage caused by hail, and damage caused by flying debris. The deductibles are the amount of money you are willing to pay if a covered claim is submitted. The larger the amount you pay before a claim is paid (deductible), the lower your rates will be.

Higher rates for demanding jobs – Do you have a high-stress occupation? Careers such as military personnel, airline pilots, and stock brokers generally pay higher premiums than the average policyholder in part from high stress and long work hours. On the flip side, jobs such as farmers, athletes and retirees pay lower than average rates.

Poor credit rating equals high rates – Credit rating is likely to be a major factor in determining what you pay for insurance. People with high credit ratings tend to be less risk to insure as compared to drivers with poor credit scores. Therefore, if your credit can be improved, you could save money insuring your Suzuki Grand Vitara by repairing your credit.

Performance impacts prices – The performance level of the car you need to insure makes a big difference in determining your rates. The cheapest insurance rates tend to be for lower performance four cylinder passenger models, but other factors influence the final cost greatly.

The data below is based on a married female driver age 50, full coverage with $250 deductibles, and no discounts or violations. It illustrates Suzuki Grand Vitara insurance premiums compared to other models of vehicles that have different performance risks.

Bundling policies can get discounts – Lots of companies will award better rates to insureds that purchase more than one policy in the form of a multi-policy discount. The discount can add up to as much as ten percent or more Even if you already get this discount, consumers should still get quotes from other companies to guarantee you are still saving the most.

Alarm systems systems cut insurance rates – Purchasing a vehicle with anti-theft technology or alarm system can help lower your premiums. Theft deterrent systems like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping your vehicle from being stolen.

How much liability coverage – Liability coverage kicks in if you are found to be at fault for causing damage or personal injury in an accident. This coverage provides legal defense up to the limits shown on your policy. Liability insurance is pretty cheap as compared to coverage for physical damage, so do not skimp.

Rates and data analysis

The rate information shown below outlines a range of insurance policy prices for Suzuki Grand Vitara models. Being more informed about how auto insurance premiums are figured can be of help when making smart choices when buying a policy.

Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Information does not factor in your specific Cincinnati location which can influence coverage prices substantially.

Policy deductibles

The hardest decision when buying coverage is where to set your physical damage deductibles. The comparisons below approximate the differences in premium rates when you select higher and lower insurance deductibles. The first price estimate table uses a $100 physical damage deductible and the second rate table uses a $1,000 deductible.

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

Using the premium rates above, we can conclude that using a $100 deductible costs about $27 more each month or $324 for a full year across all Suzuki Grand Vitara models than choosing the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 33 months between claims, you would come out ahead if you opt for a higher deductible.

The chart below highlights how deductible selection and can influence Suzuki Grand Vitara insurance costs for each age group. The prices are based on a single female driver, full coverage, and no discounts are factored in.

Careless drivers pay higher rates

The chart below highlights how traffic violations and at-fault claims can influence Suzuki Grand Vitara insurance prices for each different age category. The rate quotes are based on a single male driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.

Annual premiums for males compared to females

The diagram below illustrates the comparison of Suzuki Grand Vitara premium costs for male and female drivers. The data is based on no accidents, no driving violations, full coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

Suzuki Grand Vitara liability rates compared to full coverage

The chart below shows the comparison of Suzuki Grand Vitara auto insurance costs with full coverage compared to only the Ohio minimum liability coverage. The premiums assume no claims or driving citations, $500 deductibles, marital status is single, and no discounts are applied to the premium.

Should you be buying full coverage?

There is no definitive rule of when to drop comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.

For example, let’s pretend your Suzuki Grand Vitara claim settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after you pay the deductible. If you are paying over $200 annually to have full coverage, then it might be time to buy liability only.

There are some cases where eliminating full coverage is not a good plan. If you still owe money on your vehicle, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.

Reduce your auto insurance rates with discounts

Insurance can cost an arm and a leg, but there are discounts available that could help you make your next renewal payment. Many of these discounts will be applied automatically at the time of quoting, but once in a while a discount must be specifically requested before you will receive the discount. If you do not check that you are getting every discount you qualify for, you could be saving more on your auto insurance.

• Federal Employees – Federal government employees could cut as much as 10% off depending on your auto insurance provider.
• Own a Home – Just being a homeowner can save you money due to the fact that maintaining a home requires a higher level of personal finance.
• Passive Restraints and Air Bags – Options like air bags or automatic seat belts could see savings of up to 25% or more.
• Include Life Insurance and Save – Select insurance companies reward you with lower prices if you buy auto and life insurance together.
• Driver Education Discount – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education if offered at their school.
• Anti-theft Discount – Cars and trucks that have factory anti-theft systems can help prevent theft and therefore earn up to a 10% discount.

One thing to note about discounts is that most discounts do not apply to your bottom line cost. Some only reduce individual premiums such as collision or personal injury protection. Even though the math looks like all the discounts add up to a free policy, you won’t be that lucky.

The information below illustrates the comparison of Suzuki Grand Vitara auto insurance rates with and without discounts applied to the premium. The premium estimates are based on a male driver, a clean driving record, no claims, Ohio state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, marriage, safe-driver, multi-policy, and homeowner discounts applied.

A list of auto insurance companies and a partial list of their discounts are:

• Farm Bureau discounts include multi-policy, youthful driver, renewal discount, safe driver, and multi-vehicle.
• MetLife may offer discounts for claim-free, good student, accident-free, good driver, and multi-policy.
• Progressive offers premium reductions for multi-vehicle, multi-policy, online quote discount, homeowner, and continuous coverage.
• AAA offers discounts for multi-car, good student, anti-theft, education and occupation, AAA membership discount, and pay-in-full.
• American Family offers discounts including early bird, bundled insurance, good driver, defensive driver, air bags, TimeAway discount, and multi-vehicle.
• GEICO policyholders can earn discounts including anti-theft, driver training, multi-vehicle, membership and employees, and emergency military deployment.
• State Farm may have discounts that include driver’s education, multiple autos, defensive driving training, good driver, passive restraint, anti-theft, and safe vehicle.

Before you buy a policy, ask each company what discounts are available to you. Some discounts listed above might not apply in your area. If you would like to see a list of insurance companies that provide some of the discounts listed above in Ohio, click here.

Quote often and quote early

A few companies may not offer online rate quotes and most of the time these regional insurance providers only sell coverage through independent insurance agents. Affordable Suzuki Grand Vitara insurance in Cincinnati can be bought online and also from your neighborhood Cincinnati agents, so you should be comparing quotes from both to have the best selection.

Throughout this article, we presented a lot of tips how to lower your Suzuki Grand Vitara insurance prices in Cincinnati. The key concept to understand is the more companies you get rates for, the better your comparison will be. Consumers could even find that the best prices are with a small mutual company. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as State Farm, GEICO and Nationwide.

How to buy low-cost Suzuki Grand Vitara insurance in Cincinnati

If you want to find the absolute lowest rates, then the best way to get the cheapest Suzuki Grand Vitara insurance in Cincinnati is to compare quotes annually from companies who sell auto insurance in Ohio.

1. Try to learn a little about auto insurance and the things you can control to lower rates. Many policy risk factors that cause rate increases such as speeding tickets, careless driving and a bad credit score can be amended by making minor changes to your lifestyle.
2. Quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from a single company like Progressive or State Farm, while independent agencies can quote rates for a wide range of companies. View a list of agents
3. Compare the new rate quotes to your current policy premium to see if switching to a new carrier will save money. If you find a better price and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.

An important part of this process is to make sure you enter similar coverage information on each quote request and to quote with as many car insurance companies as possible. This helps ensure a level playing field and the best price quote selection.

Other learning opportunities

• Medical Payments Coverage (Liberty Mutual)
• How Much are Cincinnati Auto Insurance Rates for a GMC Acadia? (FAQ)
• Who Has Cheap Cincinnati Auto Insurance for Teenage Males? (FAQ)
• Safety Belts FAQ (iihs.org)
• What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
• Understanding Your Insurance Deductible (Insurance Information Institute)
• No-Fault Auto Insurance Statistics (Insurance Information Institute)