Are you sick of overpaying and want low-cost GMC Terrain insurance in Seattle? No one fancies paying their premiums for auto insurance, especially knowing they are paying too much.
Surprisingly, a recent survey revealed that nearly 70% of customers kept their policy with the same company for more than four years, and approximately 40% of consumers have never quoted rates to find cheap coverage. With the average premium in the United States being $1,847, drivers could save themselves almost 47% a year, but they think it’s difficult to find cheap insurance by shopping around.
Insurance companies such as GEICO and Progressive increase brand awareness with catchy ads and it is challenging if not impossible to avoid their marketing magic and take the time to shop coverage around.
If you are insured now, you stand a good chance to be able to shop for the lowest rates using the ideas covered in this article. Buying the cheapest auto insurance in Seattle is really quite easy. But Washington car owners do need to know how insurance companies determine premium rates and use this information to your advantage.
Affordable companies for GMC Terrain insurance in Washington
The companies shown below have been selected to offer free quotes in Seattle, WA. If the list has multiple companies, we suggest you visit several of them to find the lowest auto insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Terrain SLE 2WD | $218 | $448 | $284 | $16 | $84 | $1,050 | $88 |
| Terrain SLE AWD | $182 | $356 | $304 | $18 | $90 | $950 | $79 |
| Terrain SLT 2WD | $136 | $278 | $284 | $16 | $84 | $798 | $67 |
| Terrain SLT AWD | $152 | $322 | $326 | $20 | $98 | $918 | $77 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Washington minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Prices do not factor in specific zip code location which can alter rates substantially.
How high should deductibles be?
When comparing car insurance rates, the most common question is how high should your deductibles be. The following insurance rates summarize the price difference between low and high physical damage deductibles. The first data set uses a $100 deductible for physical damage and the second rate chart uses a $500 deductible.
| 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 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Terrain SLE 2WD | $186 | $310 | $250 | $14 | $76 | $836 | $70 |
| Terrain SLE AWD | $186 | $310 | $250 | $14 | $76 | $836 | $70 |
| Terrain SLT 2WD | $208 | $364 | $250 | $14 | $76 | $912 | $76 |
| Terrain SLT AWD | $208 | $364 | $250 | $14 | $76 | $912 | $76 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Washington minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Prices do not factor in specific garaging location which can lower or raise insurance rates substantially.
Based on the above data, using a $100 deductible costs roughly $22 more each month or $264 each year than quoting the higher $500 deductible. Since you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you normally average at least 18 months between claim filings, you would more than likely save some money if you opt for a higher deductible.
Difference between full coverage and liability only rates
The illustration below illustrates the comparison of GMC Terrain insurance prices with and without full coverage. The information is based on a clean driving record, no at-fault accidents, $500 deductibles, single female driver, and no discounts are factored in.
When to drop comp and collision
There is no definitive rule for dropping full coverage on your policy, but there is a general guideline you can use. If the annual cost of coverage is more than about 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 GMC Terrain claim settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $6,000 after the deductible is paid. If it’s costing in excess of $600 a year to have full coverage, then you might want to think about dropping full coverage.
There are some conditions where buying only liability insurance is not financially feasible. If you haven’t satisfied your loan, 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 remove full coverage.
You may qualify for discounts for GMC Terrain insurance in Seattle
Car insurance can cost a lot, but there’s a good chance there are discounts that many people don’t even know exist. Some discounts will apply when you quote, but some must be manually applied before they will apply.
- Paperwork-free – Many companies will give you a small discount shop Seattle auto insurance online.
- Claim Free – Claim-free drivers are rewarded with significantly better rates on Seattle auto insurance quote in comparison with accident-prone drivers.
- Life Insurance Discount – If the company offers life insurance, you could get a discount if you purchase auto and life insurance together.
- Low Mileage – Keeping the miles down on your GMC could earn better premium rates on cars that stay parked.
- Auto/Home Discount – If you insure your home and vehicles and insure them with the same company you may earn up to 20% and get you cheaper Terrain insurance.
- Senior Discount – Mature drivers can possibly qualify for a slight reduction on a Seattle auto insurance quote.
- Seat Belt Usage – Drivers who require all occupants to buckle up before driving can save a little off the medical payments premium.
- Government Employees – Employees or retirees of the government could cut as much as 10% off depending on your company.
As is typical with insurance, some of the credits will not apply to the entire cost. A few only apply to specific coverage prices like liability and collision coverage. So when the math indicates you could get a free insurance policy, it doesn’t quite work that way.
A list of companies and some of their more popular discounts include:
- State Farm has discounts for driver’s education, student away at school, defensive driving training, good student, good driver, anti-theft, and Drive Safe & Save.
- Esurance may include discounts for Pac-12 alumni, Switch & Save, online shopper, multi-car, paid-in-full, anti-theft, and claim free.
- Progressive includes discounts for online quote discount, multi-policy, online signing, homeowner, good student, and multi-vehicle.
- Liberty Mutual policyholders can earn discounts including newly married, preferred payment discount, safety features, multi-car, new vehicle discount, and new move discount.
- Auto-Owners Insurance has savings for multiple vehicles, multi-policy, teen driver, anti-lock brakes, and student away at school.
- GEICO discounts include multi-vehicle, multi-policy, air bags, emergency military deployment, anti-lock brakes, and defensive driver.
When comparing rates, check with all the companies what discounts are available to you. A few discounts might not be offered everywhere. To see a list of insurance companies that offer some of these discounts in Washington, click this link.
There’s no such thing as the perfect car insurance policy
When quoting and comparing coverage, there really is no “best” method to buy coverage. Every situation is different and your policy should reflect that. These are some specific questions might point out whether or not you will benefit from professional help.
- Do I need motorclub coverage?
- When would I need additional glass coverage?
- Can I get by with minimal medical coverage if I have good health insurance?
- Does my car insurance cover rental cars?
- Is my teen driver covered when they drive my company car?
- Will I lose any money if I cancel my policy before it expires?
- Do I benefit by insuring my home with the same company?
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.
Shop online but buy locally
Some people would rather talk to an insurance agent and doing so can bring peace of mind A nice benefit of comparing rate quotes online is that you can find better rates and also buy local.
After filling out this quick form, your insurance data is transmitted to local insurance agents in Seattle who will gladly provide quotes and help you find cheaper coverage. It’s much easier because you don’t need to drive around since price quotes are sent immediately to you. You can get cheaper auto insurance rates without a big time investment. In the event you want to compare rates from one company in particular, just navigate to their website and complete a quote there.
Selecting an insurer should include more criteria than just a cheap quote. Here are some questions you might want to ask.
- Which members of your family are coverage by the policy?
- Which companies can they place coverage with?
- How are claims handled?
- Is there a local claims center in Seattle?
- Can you use your own choice of collision repair facility?
- What company do they have the most business with?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Do the coverages you’re quoting properly cover your vehicle?
Shop around and save
When you buy Seattle auto insurance online, don’t be tempted to reduce coverage to reduce premium. There are many occasions where someone sacrificed uninsured motorist or liability limits and learned later that it was a big mistake. The goal is to purchase a proper amount of coverage at the best price but still have enough coverage for asset protection.
You just read many tips how you can compare GMC Terrain insurance rates in Seattle. The key concept to understand is the more companies you get auto insurance rates for, the better your chances of lowering your auto insurance rates. You may even find the lowest priced car insurance comes from the least-expected company. Some small companies often have lower auto insurance rates on specific markets than their larger competitors like State Farm, GEICO and Nationwide.
Low-cost GMC Terrain insurance in Seattle is possible on the web and from local insurance agents, so you need to quote Seattle auto insurance with both so you have a total pricing picture. Some insurance providers may not provide online quoting and usually these regional carriers only sell through local independent agents.
Other resources
- Information for Teen Drivers (GEICO)
- What Insurance is Cheapest for a Toyota Corolla in Seattle? (FAQ)
- Cellphones, Texting and Driving (iihs.org)
- Comprehensive Coverage (Liberty Mutual)
- Senior Drivers (Insurance Information Institute)