Cheapest Insurance for a GMC Acadia in Philadelphia

GMC Acadia insurance cost image courtesy of QuoteInspector.com

Want to learn how to save money and find more competitive GMC Acadia insurance in Philadelphia? Having to pay for expensive car insurance in Philadelphia can draw down your bank account and possibly require postponing other expenditures. Performing a price comparison is free, only takes a few minutes, and is a good way to cut your insurance bill.

It's safe to conclude that insurance companies don't want you to look for cheaper rates. Insureds who shop for lower rates are inclined to move their business because they stand a good chance of finding a more affordable policy. A recent survey revealed that people who make a habit of shopping around saved on average $3,450 over four years as compared to drivers who never shopped around for better prices.

If finding the best rates on GMC Acadia insurance in Philadelphia is your objective, then having some insight into the best way to shop and compare auto insurance can help simplify the process. Many insurance companies vie for your insurance dollar, and because of this it can be hard to compare insurance companies to find the absolute lowest rate possible on GMC Acadia insurance in Philadelphia.

If you are insured now or just want to save money, use these money-saving tips to get lower rates and still have adequate protection. Finding the cheapest coverage in Philadelphia can be easy if you know a few tricks. Shoppers only need to know the best way to shop on the web.

Companies offering competitive GMC Acadia prices in Philadelphia, PA

The providers in the list below have been selected to offer comparison quotes in Philadelphia, PA. If multiple providers are shown, it's highly recommended you compare several of them to get a more complete price comparison.

GMC Acadia insurance charts and tables

The data table shown below highlights different policy rates for GMC Acadia models. Learning more about how insurance policy premiums are calculated can be useful when making decisions on which insurance to purchase.

Data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Price information does not factor in vehicle garaging location which can impact rates noticeably.

Physical damage deductibles: Should you raise them?

One of the most common car insurance questions is which comprehensive and collision deductibles to buy. The premium rates below outline the price difference between low and high physical damage coverage deductibles. The first rate table uses a $250 deductible for comprehensive and collision coverage and the second pricing table uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can lower or raise premiums significantly.

We can estimate from the data above that using a $250 deductible would cost the average driver about $12 more each month or $144 annually across all GMC Acadia models than opting for the higher $500 deductible. Due to the fact that you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 21 months between claims, you would come out ahead if you elect the higher deductible.

Impact of violations and accidents on rates

The diagram below illustrates how violations and fender-benders impact GMC Acadia auto insurance rates for different ages of insureds. The rate quotes are based on a single male driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.

Comparison of full coverage and liability-only policies

The illustration below visualizes the comparison of GMC Acadia insurance rates with full coverage compared to only the Pennsylvania minimum liability coverage. The price estimates are based on no claims or violations, $100 deductibles, marital status is single, and no additional discounts are factored in.

When to buy liability coverage only

There is no exact rule to stop paying for full coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is 10% or more of the vehicle's replacement cost less your deductible, then it might be time to consider dropping full coverage.

For example, let's pretend your GMC Acadia replacement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $8,000 after the policy deductible has been paid. If you are currently paying more than $800 a year to have full coverage, then you might consider buying liability only.

There are a few cases where dropping physical damage coverage is not a good idea. If you still have a loan on your vehicle, you must maintain physical damage coverage to protect the lienholder's interest in the vehicle. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not consider dropping full coverage.

Affordable rates on GMC Acadia insurance in Philadelphia with these five discounts

Insuring your vehicles can cost a lot, but there are discounts available that many consumers don't even know exist. A few discounts will automatically apply at quote time, but some must be requested specifically before you will receive the discount.

• Good Student - Being a good student may save you up to 25%. The good student discount can last up to age 25.
• Telematics Data Discounts - People who choose to allow their company to scrutinize driving manner by using a small device installed in their vehicle like In-Drive from State Farm and Progressive's Snapshot may get a rate reduction if they have good driving habits.
• Discount for Life Insurance - Not every insurance company offers life insurance, but if they do you may earn a discounted rate on car insurance if you buy auto and life insurance together.
• Federal Employees - Employees or retirees of the government can earn a discount up to 10% with certain companies.
• Save with More Vehicles Insured - Buying insurance for multiple cars on one policy could earn a price break for each car.

Discounts save money, but please remember that most of the big mark downs will not be given to the entire policy premium. The majority will only reduce specific coverage prices like collision or personal injury protection. So when it seems like you can get free auto insurance, you're out of luck.

The illustration below shows the comparison of GMC Acadia insurance rates with and without discounts applied to the rates. The information is based on a male driver, no tickets, no at-fault accidents, Pennsylvania 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 claim-free, multi-car, marriage, safe-driver, homeowner, and multi-policy discounts applied.

If you would like to choose from a list of insurers who offer free GMC Acadia insurance quotes in Philadelphia, follow this link.

How to know if you need help

When quoting and choosing the right insurance coverage, there really isn't a perfect coverage plan. Your financial needs are unique and your car insurance should unique, too. For instance, these questions might help in determining if you might need professional guidance.

• Do I have coverage when making deliveries for my home business?
• What states are considered no-fault?
• Am I better off with higher deductibles on my GMC Acadia?
• Is motorclub coverage worth it?
• What is an umbrella policy?
• How do I file an SR-22 for a DUI in Pennsylvania?
• Why am I required to get a high-risk car insurance policy?
• Do I need special endorsements for business use of my vehicle?
• What if I total my GMC Acadia and owe more than it's worth?
• Does my medical payments coverage pay my health insurance deductible?

If you don't know the answers to these questions but you know they apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier It's fast, doesn't cost anything and can help protect your family.

Do I need an agent?

A small number of people would prefer to get professional advice from a licensed agent and that can be a great decision Licensed agents can help you build your policy and help submit paperwork. An additional benefit of price shopping on the web is the fact that you can find better rates and still buy from a local agent.

To help locate an agent, after submitting this form (opens in new window), your coverage information is submitted to agents in your area who can give free rate quotes for your business. It simplifies rate comparisons since you won't have to find an agent on your own since price quotes are sent to you directly. If you want to compare rates from one company in particular, feel free to go to their quote page and submit a quote form there.

Picking the best insurer should depend on more than just the bottom line cost. Here are some questions to ask:

• Will the agent help in case of a claim?
• Are aftermarket or OEM parts used to repair vehicles?
• How much can you save by raising your physical damage deductibles?
• Is the agency active in community causes in Philadelphia?
• What is their Better Business Bureau rating?
• Can they help ensure a fair claim settlement?

Philadelphia auto insurance agents are either independent or exclusive

If you are wanting to find a reliable agent, it helps to know the two different types of agents that you can choose from. Car insurance policy providers are classified as either independent agents or exclusive agents depending on their employer. Both types can sell affordable car insurance policies, but it is important to understand the difference in the companies they write for since it could factor into which type of agent you select.

Exclusive Insurance Agencies

Agents in the exclusive channel are contracted to one company like State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents cannot provide rate quotes from other companies so they really need to provide good service. Exclusive agencies are well schooled on their company's products which helps them sell insurance even at higher premiums.

Shown below are exclusive agencies in Philadelphia who may provide you with price quotes.

View more Philadelphia agents

Independent Agents

These agents are appointed with more than one company and that gives them the ability to insure with any number of different companies and possibly get better coverage at lower prices. If they find a lower price, your agent can just switch to a different company and you stay with the same agent.

When comparing rates, you will definitely want to contact a few independent agents for the best price selection.

Below are independent agents in Philadelphia that are able to give price quote information.

View more Philadelphia agents

Once you have received positive feedback to any questions you may have and an affordable coverage quote, you have narrowed it down to an auto insurance agent that meets your needs to properly service your car insurance policy.

The coverage is in the details

Knowing the specifics of auto insurance aids in choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types available from auto insurance companies.

Comprehensive protection

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like theft, a tree branch falling on your vehicle, damage from a tornado or hurricane, a broken windshield and hitting a deer. The most you'll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.

Auto liability

Liability coverage provides protection from damages or injuries you inflict on people or other property in an accident. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 15/30/5 that means you have $15,000 in coverage for each person's injuries, $30,000 for the entire accident, and a limit of $5,000 paid for damaged property.

Liability coverage pays for claims like repair bills for other people's vehicles, medical services, pain and suffering, court costs and attorney fees. How much coverage you buy is a personal decision, but consider buying as large an amount as possible. Pennsylvania requires drivers to carry at least 15/30/5 but it's recommended drivers buy more coverage.

The illustration below shows why low liability limits may not be enough.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and damage to your GMC Acadia.

Since many Pennsylvania drivers carry very low liability coverage limits (15/30/5 in Pennsylvania), their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Collision protection

This coverage covers damage to your Acadia resulting from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision insurance covers things like crashing into a building, colliding with a tree, damaging your car on a curb and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also increase the deductible on your Acadia in order to get cheaper collision rates.

Medical expense coverage

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like chiropractic care, funeral costs, pain medications and doctor visits. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Cheap auto insurance prices are available

Some insurance providers do not offer rates over the internet and these smaller providers prefer to sell through independent agents. Lower-priced auto insurance in Philadelphia can be sourced from both online companies in addition to local insurance agencies, so compare prices from both to have the best rate selection.

You just read some good ideas how you can find affordable GMC Acadia insurance in Philadelphia. It's most important to understand that the more providers you compare, the more likely it is that you will get a better rate. You may even be surprised to find that the lowest prices are with a small mutual company. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate or State Farm.

Additional detailed information is located in these articles:

• Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
• Who Has Affordable Auto Insurance for a Ford F-150 in Philadelphia? (FAQ)
• Who Has the Cheapest Auto Insurance for a Subaru Outback in Philadelphia? (FAQ)
• How Much are Car Insurance Quotes for a 20 Year Old Male in Philadelphia? (FAQ)
• Rollover Crash FAQ (iihs.org)
• Alcohol Impaired Driving FAQ (iihs.org)
• Auto Insurance for Teen Drivers (Insurance Information Institute)