We don’t have to tell you that auto insurance companies don’t want their customers to go rate shopping. Consumers who compare rates once a year are inclined to move their business because the odds are good of finding a lower-cost company. A recent auto insurance study discovered that drivers who routinely shopped for cheaper coverage saved on average $865 a year compared to other drivers who never shopped around for cheaper prices.
If finding the lowest rates on car insurance is your ultimate objective, then having an understanding of how to find companies and compare coverage rates can make it easier to find better rates.
The easiest way to find the cheapest price for GMC Acadia insurance is to make a habit of comparing prices annually from companies that sell auto insurance in Honolulu.
- First, take a few minutes and learn about what coverages are included in your policy and the measures you can control to keep rates in check. Many rating factors that increase rates such as traffic violations, accidents, and a poor credit rating can be eliminated by making small lifestyle or driving habit changes.
- Second, compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from a single company like Progressive or State Farm, while independent agencies can provide price quotes for a wide range of companies.
- Third, compare the new quotes to your existing policy and see if there is a cheaper rate in Honolulu. If you can save money and change companies, make sure there is no coverage gap between policies.
The most important part of this process is that you’ll want to make sure you compare identical coverage information on each quote request and and to compare as many different companies as possible. This ensures a fair rate comparison and the best rate selection.
Buying the best-priced insurance in Honolulu is simple if you know the tricks. If you have a policy now or need a new policy, use these techniques to shop for the lowest rates without sacrificing coverage. Smart shoppers just need to understand the quickest way to buy insurance from many companies at once.
Affordable companies for GMC Acadia insurance in Hawaii
The following companies are ready to provide price comparisons in Hawaii. If the list has multiple companies, it’s highly recommended you visit several of them to find the lowest car insurance rates.
Detailed insurance information
The data table shown below showcases different insurance premium costs for GMC Acadia models. Having a good grasp of how auto insurance prices are calculated can benefit drivers when making informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Acadia SL 2WD | $166 | $228 | $346 | $20 | $104 | $864 | $72 |
| Acadia SL AWD | $190 | $228 | $346 | $20 | $104 | $888 | $74 |
| Acadia SLE 2WD | $190 | $228 | $346 | $20 | $104 | $888 | $74 |
| Acadia SLE AWD | $190 | $278 | $346 | $20 | $104 | $938 | $78 |
| Acadia SLT 2WD | $190 | $278 | $346 | $20 | $104 | $938 | $78 |
| Acadia SLT AWD | $214 | $278 | $346 | $20 | $104 | $962 | $80 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Table data does not factor in specific Honolulu garaging location which can lower or raise coverage prices significantly.
Policy deductibles
The hardest decision when buying coverage is how high should the physical damage coverage deductibles be. The premium rates below show the rate fluctuation between high and low physical damage coverage deductibles. The first table uses a $250 physical damage deductible and the second price chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Acadia SL 2WD | $178 | $284 | $264 | $16 | $80 | $847 | $71 |
| Acadia SL AWD | $204 | $284 | $264 | $16 | $80 | $873 | $73 |
| Acadia SLE 2WD | $204 | $284 | $264 | $16 | $80 | $873 | $73 |
| Acadia SLE AWD | $204 | $344 | $264 | $16 | $80 | $933 | $78 |
| Acadia SLT 2WD | $204 | $344 | $264 | $16 | $80 | $933 | $78 |
| Acadia SLT AWD | $230 | $344 | $264 | $16 | $80 | $959 | $80 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Acadia SL 2WD | $110 | $178 | $264 | $16 | $80 | $648 | $54 |
| Acadia SL AWD | $126 | $178 | $264 | $16 | $80 | $664 | $55 |
| Acadia SLE 2WD | $126 | $178 | $264 | $16 | $80 | $664 | $55 |
| Acadia SLE AWD | $126 | $216 | $264 | $16 | $80 | $702 | $59 |
| Acadia SLT 2WD | $126 | $216 | $264 | $16 | $80 | $702 | $59 |
| Acadia SLT AWD | $142 | $216 | $264 | $16 | $80 | $718 | $60 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can lower or raise rates substantially.
Based on this data, we can arrive at the conclusion that using a $250 deductible costs an average of $19 more each month or $228 a year than choosing the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 39 months between claim filings, you would most likely save money if you choose a higher deductible.
How to calculate if higher deductibles make sense
| Average monthly premium for $250 deductibles: | $76 |
| Average monthly premium for $1,000 deductibles (subtract): | – $57 |
| Monthly savings from raising deductible: | $19 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $19 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 39 months |
GMC Acadia liability rates compared to full coverage
The illustration below shows the comparison of GMC Acadia auto insurance costs with full coverage compared to only the Hawaii minimum liability coverage. The rate quotes are based on a clean driving record, no claims, $100 deductibles, single status, and no additional discounts are factored in.
Should you buy full coverage or liability only?
There is no clear-cut rule of when to exclude comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is 10% or more of the settlement you would receive from your company, then it could be time to drop full coverage.
For example, let’s say your GMC Acadia settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after paying your deductible. If it’s costing in excess of $800 a year for physical damage coverage, then it might be time to buy liability only.
There are a few situations where dropping physical damage coverage is not financially feasible. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should keep full coverage in place.
Discounts for affordable insurance rates
Some insurance providers don’t always list every discount they offer in an easy-to-find place, so the below list has a few of the more common as well as the least known savings tricks you should be using when you buy Honolulu car insurance online. If you do not check that you are getting every discount available, you’re paying more than you need to.
- Senior Discount – Older drivers could receive lower premium rates.
- Bundle and Save – When you have multiple policies with the same company you may earn up to 20% and get you cheaper Acadia insurance.
- Safe Drivers – Accident-free drivers can pay as much as 50% less than drivers with accident claims.
- Low Mileage Discounts – Maintaining low annual mileage can earn lower rates on the low mileage vehicles.
- Driver Education Discount – It’s a good idea to have your young drivers successfully take a driver’s education course in high school.
A quick disclaimer, most discount credits are not given to the entire cost. Some only apply to specific coverage prices like collision or personal injury protection. Despite the fact that it seems like all those discounts means the company will pay you, that’s just not realistic.
The illustration below illustrates the difference between GMC Acadia car insurance rates with and without policy discounts. The rates are based on a male driver, no driving violations, no at-fault accidents, Hawaii state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, safe-driver, multi-policy, marriage, and claim-free discounts applied.
A few popular companies and some of the premium reductions they offer are detailed below.
- 21st Century may include discounts for good student, defensive driver, teen driver, 55 and older, air bags, theft prevention, and homeowners.
- State Farm may have discounts that include accident-free, student away at school, good student, multiple autos, and multiple policy.
- AAA policyholders can earn discounts including multi-policy, anti-theft, good driver, multi-car, and good student.
- Liberty Mutual offers discounts for good student, multi-car, new vehicle discount, preferred payment discount, new graduate, and hybrid vehicle.
- Progressive includes discounts for online signing, online quote discount, continuous coverage, multi-vehicle, multi-policy, good student, and homeowner.
Before you buy a policy, ask every prospective company which discounts you qualify for. Some of the earlier mentioned discounts may not be available everywhere. For a list of insurers who offer free GMC Acadia insurance quotes in Hawaii, follow this link.
Six factors that determine insurance premiums
It’s important that you understand the rating factors that go into determining the level of your policy premiums. When you know what positively or negatively controls the rates you pay, this helps enable you to make changes that may reward you with lower rates. Lots of things are used when pricing auto insurance. Some are obvious like an MVR report, although some other factors are less obvious such as your credit history or how safe your car is.
The items below are some of the factors companies use to determine prices.
Men are more aggressive – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. It does not mean men are worse drivers. Both genders have auto accidents at a similar rate, but males cause more damage. They also get higher numbers of serious violations such as reckless driving. Teenage male drivers tend to get in the most accidents and therefore have the most expensive insurance rates.
The illustration below illustrates the difference between GMC Acadia premium costs for male and female drivers. The prices are based on no violations or claims, full coverage, $500 deductibles, marital status is single, and no discounts are factored in.
Rates increase with driving citations – Even one ticket can bump up the cost twenty percent or more. Good drivers get better prices as compared to those with violations. Drivers who get dangerous violations like reckless driving, hit and run or driving under the influence may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to keep their license.
The example below highlights how traffic violations and at-fault claims raise GMC Acadia insurance premiums for each different age group. The costs are based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied to the premium.
How much liability coverage – Your insurance policy’s liability coverage will protect you when you are found to be at fault for an accident. This coverage provides legal defense which can cost thousands of dollars. Liability is cheap compared to physical damage coverage, so drivers should carry high limits.
Fast cars cost more to insure – The make and model of the vehicle you need to insure makes a substantial difference in your rates. The lowest rates are usually found on small economy passenger models, but other factors influence the final cost greatly.
The data below assumes a single female driver age 50, full coverage with $250 deductibles, and no discounts or violations. It illustrates GMC Acadia car insurance rates compared to other makes and models that have different performance risks.
Save money with good credit – Your credit history factor in calculating your premium rate. Drivers with excellent credit tend to be less risk to insure as compared to drivers with poor credit scores. If your credit history could use some work, you could pay less to insure your GMC Acadia by improving your credit score.
Too many insurance claims and you’ll pay more – If you file claims often, you should expect either higher rates or even cancellation. Auto insurance companies in Hawaii generally give most affordable rates to people who do not file claims often. Your car insurance is meant to be used in the event of larger claims.
GMC Acadia insurance loss statistics – Companies use past insurance losses to calculate a price that will offset any claims. Vehicles that tend to have higher losses will have a higher premium rate.
The table below demonstrates the collected loss data for GMC Acadia vehicles. For each policy coverage type, the statistical loss for all vehicles, as an average, is considered to be 100. Values that are under 100 are indicative of better than average losses, while values over 100 indicate a higher chance of having a claim or tendency to have larger claims.
| Specific GMC Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| GMC Acadia 4dr 2WD | 75 | 86 | 73 | 71 | 69 | 80 |
| GMC Acadia 4dr 4WD | 83 | 100 | 88 | 62 | 63 | 80 |
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Tailor your insurance coverage to you
When quoting and choosing a policy for your vehicles, there is no best way to insure your cars. Everyone’s situation is a little different so your insurance needs to address that.
These are some specific questions can help discover if your insurance needs may require specific advice.
- What should my uninsured motorist coverage limits be in Hawaii?
- Can good grades get a discount?
- Is upholstery damage covered by car insurance?
- Do I need added coverage for expensive stereo equipment?
- Is extra glass coverage worth it?
- What companies insure drivers after a DUI or DWI?
- Am I covered if I hit my neighbor’s mailbox?
- Should I buy more coverage than the required Hawaii minimum liability coverage?
- What policy terms are available?
If you’re not sure about those questions, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance companies in your area. It is quick, free and can provide invaluable advice.
Compare rates but buy from a local Honolulu insurance agent
A lot of people prefer to sit down with an agent and that is a personal choice. Professional agents can answer important questions and help file insurance claims. One of the great benefits of comparing insurance prices online is you may find lower rates and still have a local agent. Buying from and supporting local agents is definitely important in Honolulu.
After filling out this quick form, your coverage information is immediately sent to participating agents in Honolulu who can give free rate quotes for your car insurance coverage. It makes it easy because there is no need to leave your computer as quotes are delivered directly to you. If for some reason you want to quote rates from a specific company, you can always navigate to their website and fill out their quote form.
If you are wanting to find an insurance agent, it’s important to understand the different agency structures and how they operate. Car insurance agents in Honolulu can be described as either exclusive or independent (non-exclusive). Either one can properly insure your vehicles, but it’s worth learning the subtle differences since it could factor into which type of agent you select.
Independent Agents
Agents that elect to be independent are not locked into one company so as a result can place your coverage with an assortment of companies and potentially find a lower price. If they find a lower price, they simply move your policy to a different company and that require little work on your part.
When comparing rates, you absolutely need to include rate quotes from several independent insurance agents to have the best price comparison. They also have the ability to place coverage with small mutual carriers which can save you money.
Listed below is a short list of independent agents in Honolulu who may be able to give you price quotes.
- Cavanah Associates, Inc.
1100 Alakea St #2600 – Honolulu, HI 96813 – (808) 537-1970 – View Map - Royal State National Insurance Company
819 S Beretania St – Honolulu, HI 96813 – (808) 539-1600 – View Map - Pyramid Insurance Center Ltd
420 Waiakamilo Rd – Honolulu, HI 96817 – (808) 527-7667 – View Map
Exclusive Insurance Agents
These agents can only provide pricing for a single company and some examples include Farmers Insurance, State Farm, Allstate, and AAA. 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 trained on the products they sell and that enables them to sell even at higher rates. A lot of people choose to use an exclusive agent partially due to the prominence of the brand and solid financial strength.
Below are exclusive insurance agents in Honolulu that can give you price quotes.
- Allstate Insurance: Boyd Kauhane
1682 Kalakaua Ave #1 – Honolulu, HI 96826 – (808) 638-3673 – View Map - U’ilani Hawelu – State Farm Insurance Agent
1960 Kapiolani Blvd Ste 208 – Honolulu, HI 96826 – (808) 955-9090 – View Map - Larry Welsch – State Farm Insurance Agent
1575 S Beretania St Ste 203 – Honolulu, HI 96826 – (808) 944-3450 – View Map
Selecting a insurance agency shouldn’t rely on just a low price. The answers to these questions are important, too.
- By raising physical damage deductibles, how much would you save?
- Do they offer rental car reimbursement?
- Is coverage determined by price?
- Will their companies depreciate repairs to your car based on the mileage?
- Is the coverage adequate for your vehicle?
- Can you get a list of referrals?
- What is the agency’s Better Business Bureau rating?
- What are the financial ratings for the companies they represent?
Best auto insurance company in Hawaii
Picking a good quality car insurance company can be challenging considering how many companies are available to choose from in Honolulu. The company information in the next section may help you analyze which car insurance companies to look at comparing rates with.
Top 10 Honolulu Car Insurance Companies Ranked by Customer Service
- State Farm
- GEICO
- The Hartford
- Progressive
- Allstate
- American Family
- AAA Insurance
- Nationwide
- Liberty Mutual
- Farmers Insurance
Frequent quotes can save
We just showed you many ideas to reduce GMC Acadia insurance car insurance rates online in Honolulu. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. You may even be surprised to find that the lowest priced auto insurance comes from a lesser-known regional company. They may cover specific market segments cheaper compared to the large companies like State Farm, GEICO and Nationwide.
Budget-friendly auto insurance in Honolulu is attainable online in addition to many Honolulu insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance providers may not offer online price quotes and usually these regional carriers only sell coverage through independent agencies.
Additional detailed information is available in these articles:
- Teen Driver Licensing Information (iihs.org)
- Who Has Affordable Car Insurance for High School Students in Honolulu? (FAQ)
- What Insurance is Cheapest for a Toyota RAV4 in Honolulu? (FAQ)
- What Car Insurance is Cheapest for a Chevrolet Equinox in Honolulu? (FAQ)
- Eight Auto Insurance Myths (Insurance Information Institute)
- Rental Reimbursement Coverage (Allstate)