Insurance for GMC TerrainDo you want to learn to get more competitive GMC Terrain insurance in Columbia? Are you burned out from sacrificing other expenses to pay your car insurance bill each month? You have the same problem as many other drivers in South Carolina.

It's shocking but most consumers in South Carolina have purchased from the same company for at least four years, and roughly 40% of drivers have never compared rates with other companies. Consumers in America could save up to $850 each year, but they underestimate the benefits if they switched to a cheaper policy. You have so many insurers to buy insurance from, and though it is a good thing to have a choice, it makes it harder to compare company pricing for GMC Terrain insurance in Columbia.

Buying the cheapest auto insurance in Columbia seems hard but is not really that difficult. If you are already insured or are just looking to switch companies, you can use this information to find the best rates while maintaining coverages. Drivers only need to know the proper methods to compare price quotes instantly.

Best GMC Terrain insurance prices in South Carolina

The providers in the list below offer price comparisons in Columbia, SC. If multiple companies are listed, we suggest you click on several of them to get the most competitive price.

GMC Terrain Insurance Estimates in Columbia, SC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Terrain SLE 2WD $140 $288 $328 $20 $98 $874 $73
Terrain SLE AWD $140 $274 $328 $20 $98 $860 $72
Terrain SLT 2WD $242 $422 $290 $18 $86 $1,058 $88
Terrain SLT AWD $286 $644 $328 $20 $98 $1,376 $115
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Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and South Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Rate information does not factor in specific Columbia garaging location which can lower or raise premiums significantly.

Impact of careless driving on auto insurance rates

The chart below shows how violations and accidents increase GMC Terrain auto insurance costs for different ages of insureds. The premiums are based on a single male driver, full coverage, $100 deductibles, and no discounts are factored in.

Raise deductibles and save

When shopping for auto insurance, a common question is which comprehensive and collision deductibles to buy. The following tables determine the differences in premium rates of buying low and high deductibles. The first set of rates uses a $250 deductible for comp and collision and the second price table uses a $500 deductible.

GMC Terrain insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Terrain SLE 2WD $264 $444 $290 $18 $86 $1,127 $94
Terrain SLE AWD $264 $444 $290 $18 $86 $1,127 $94
Terrain SLT 2WD $298 $524 $290 $18 $86 $1,241 $103
Terrain SLT AWD $298 $524 $290 $18 $86 $1,241 $103
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GMC Terrain insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Terrain SLE 2WD $214 $358 $290 $18 $86 $966 $81
Terrain SLE AWD $214 $358 $290 $18 $86 $966 $81
Terrain SLT 2WD $242 $422 $290 $18 $86 $1,058 $88
Terrain SLT AWD $242 $422 $290 $18 $86 $1,058 $88
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and South Carolina minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can decrease or increase prices significantly.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you roughly $14 more each month or $168 each year than choosing the higher $500 deductible. Since you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you tend to have more than 18 months between claim filings, you would probably come out ahead going with the higher deductible.

How to calculate deductible break even period

Average monthly premium for $250 deductibles: $99
Average monthly premium for $500 deductibles (subtract): - $85
Monthly savings from raising deductible: $14
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $14
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 18 months

Companies offer lots of discounts on GMC Terrain insurance in Columbia

Car insurance can cost a lot, but you may qualify for discounts that could help you make your next renewal payment. Larger premium reductions will be automatically applied at the time you complete a quote, but some may not be applied and must be requested specifically prior to getting the savings. If you're not getting every credit possible, you are not getting the best rate possible.Discount car insurance

We need to note that some of the credits will not apply to the entire cost. Most only apply to individual premiums such as comprehensive or collision. So when it seems like you would end up receiving a 100% discount, car insurance companies aren't that generous.

A list of companies and a selection of discounts can be read below.

Check with each insurance company which discounts you qualify for. Some of the earlier mentioned discounts may not be offered in your area. For a list of insurance companies that offer many of these discounts in Columbia, click here to view.

Insurance Cost Influencing Factors

An important part of buying insurance is that you know the different types of things that come into play when calculating your policy premiums. If you have some idea of what impacts premium levels, this enables informed choices that can help you get lower premium levels.

Teenagers vs. mature drivers - More mature drivers are more cautious drivers, cause fewer claims and accidents, and receive fewer citations.Drivers with little experience are proven to be easily distracted when at the wheel of a vehicle so they pay higher insurance rates.

High insurance claims frequency drives up premiums - If you are a frequent claim filer, you should expect higher premiums or even policy non-renewal. Insurance companies in South Carolina give better rates to policyholders who are not frequent claim filers. Insurance coverage is designed for more catastrophic claims.

Performance influences prices - The performance level of the car you own makes a significant difference in your rates. Because the GMC Terrain is classified as a standard SUV, insuring your vehicle will cost slightly more when compared to the average rates in Columbia. The lowest performance passenger cars generally have the cheapest insurance rates, but other factors influence the final cost greatly.

Vehicles with better crash test results lower rates - Cars with high safety ratings are cheaper to insure. Safe vehicles help reduce the chance of injuries in an accident and any reduction in injury severity translates directly to fewer claims and more competitive rates for policyholders.

Incidental coverages can cost a lot - There are a lot of extra bells and whistles that can add up on your insurance policy. Things like roadside assistance, high-cost glass coverage, and membership fees may be costing you every month. They may seem good when buying your policy, but now you might not need them so remove them from your policy.

Costs for men may be higher - Statistics have proven women tend to be less risk to insure than men. The data does not necessarily mean that females are better drivers. They both tend to get into accidents at about the same rate, but males tend to have higher claims. Men also get cited for more serious violations like driving under the influence (DUI). Males from age 16 to 21 cause the most accidents and therefore are the most expensive to insure.

Claims statistics for a GMC Terrain - Companies use past loss statistics for each vehicle when they set coverage costs for each model. Models that the data shows to have high amounts or severity of claims will have higher rates.

The table below demonstrates the collected loss data for GMC Terrain vehicles. For each policy coverage, the loss probability for all vehicles averaged together is represented as 100. Numbers shown that are under 100 suggest a better than average loss history, while numbers that are greater than 100 show a trend for more claims or statistically larger losses.

GMC Terrain Insurance Loss Statistics

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

Statistics from for 2013-2015 Model Years

Get rate quotes but buy from a local Columbia insurance agency

A small number of people still like to buy from a licensed agent and we recommend doing that Licensed agents are trained risk managers and help in the event of a claim. The best thing about getting free rate quotes online is you may find cheap insurance rates and still have an agent to talk to.

After filling out this quick form, the coverage information is transmitted to local insurance agents who will give you bids for your insurance coverage. It simplifies rate comparisons since you won't have to find an agent on your own since price quotes are sent instantly to you. If you have a need to compare prices from a specific insurance provider, just search and find their rate quote page and fill out the quote form the provide.

Finding the right provider should depend on more than just the quoted price. These are some questions your agent should answer.

Columbia car insurance agents are either independent or exclusive

When looking for a local Columbia insurance agency, you must know there are a couple different types of agencies and how they function. Insurance agencies in Columbia are considered either exclusive or independent. Either can insure your vehicles properly, but it's important to point out the differences because it can factor into the kind of agent you use.

Exclusive Insurance Agents

Agents that choose to be exclusive work for only one company and some examples include Allstate, State Farm and Farm Bureau. These agents are not able to compare rates from other companies so they are skilled at selling on more than just price. These agents are well schooled on their products and sales techniques which aids in selling service over price.

Below are exclusive insurance agents in Columbia that can give you price quotes.

Charles Piercy - State Farm Insurance Agent
7626 US-1 - Columbia, SC 29223 - (803) 788-1200 - View Map

3206 Millwood Ave - Columbia, SC 29205 - (803) 212-7000 - View Map

452 W Killian Rd d - Columbia, SC 29203 - (803) 764-6779 - View Map

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Independent Insurance Agencies

Independent insurance agents do not sell for just one brand and that allows them to write policies with any number of different companies and help determine which has the cheapest rates. If your agent finds better pricing, your agent can just switch to a different company and you can keep the same agent.

If you are comparing insurance prices, you should always include rate quotes from independent agents to ensure the widest selection of prices.

Listed below is a list of independent insurance agencies in Columbia that are able to give comparison quotes.

791 Greenlawn Dr Ste 1 - Columbia, SC 29209 - (803) 776-8668 - View Map

9300 Two Notch Rd - Columbia, SC 29223 - (803) 400-1911 - View Map

776 St Andrews Rd - Columbia, SC 29210 - (803) 772-6969 - View Map

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After you get good responses to all your questions as well as a affordable price, you may have just found an insurance agent that can be relied on to service your policy. Just keep in mind policyholders can terminate coverage whenever you wish so never feel that you're stuck with any particular company for any length of time.

Don't give up on affordable rates

In this article, we presented many tips how you can reduce GMC Terrain insurance car insurance rates online in Columbia. The key thing to remember is the more providers you compare, the better your comparison will be. Consumers may even find the best car insurance rates are with some of the smallest insurance companies. Regional companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as State Farm and Allstate.

Some insurance providers may not have online price quotes and usually these small, regional companies sell through local independent agencies. Low-cost GMC Terrain insurance in Columbia is attainable online and from local agencies, and you need to price shop both in order to have the best chance of saving money.

Additional insurance information can be found below: