Cheaper 1998 Chevrolet Tahoe Insurance Rates

Looking for the cheapest car insurance rates for your Chevrolet Tahoe? Are you tired of trying to scrape together enough money each month for car insurance? You are no different than most other car owners.

Insurance companies such as State Farm and Geico all promote huge savings with catchy ads and it is difficult to see past the corporate glitz and do the work needed to find the best deal.

Smart consumers take time to check car insurance prices once or twice a year because insurance rates are adjusted regularly by insurance companies. Just because you found the best deal on Tahoe coverage six months ago the chances are good that you can find a lower rate today. Ignore everything you know about car insurance because I’m going to let you in on the secrets to the fastest way to save money, get proper deductibles and limits, all at the lowest rate.

If you have car insurance now, you should be able to save some money using these techniques. Buying car insurance is not that difficult. But consumers do need to know the way insurance companies sell online and take advantage of how the system works.

Chevy Tahoe insurance rates are influenced by…

Smart consumers have a good feel for some of the elements that help determine the rates you pay for auto insurance. When you know what positively or negatively controls the rates you pay allows you to make educated decisions that will entitle you to better auto insurance rates.

  • Car features impact rates – Owning a car that has an advanced theft prevention system can save you a little every year. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft.
  • Occupation reflects on rates – Did you know your occupation can influence how much you pay for auto insurance? Occupations such as doctors, executives and accountants are shown to have higher rates than average because of stressful work requirements and long work days. On the flip side, professions such as farmers, athletes and performers pay the least on Tahoe coverage.
  • Bundling policies can get discounts – The majority of companies will give a discount to insureds who buy several policies from them, otherwise known as a multi-policy discount. Even though this discount sounds good, you may still want to comparison shop to confirm you are receiving the best rates possible. Consumers may find a better deal by buying insurance from more than one company.
  • An active claims history can cost you – If you file claims often, you can pretty much guarantee higher rates. Companies generally give lower rates to insureds who do not file claims often. Insurance coverage is meant to be used in the event of the large, substantial claims.
  • Lower deductibles cost more – Physical damage deductibles represent how much money you are required to spend before a claim is paid by your company. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Some examples of claims that would be covered could be colliding with a building, damage caused by hail, and burglary. The more expense the insured has to pay upfront, the bigger discount you will receive on Tahoe coverage.
  • Males pay more for insurance – Statistics have proven women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. Women and men are in accidents at a similar rate, but men cause more damage and cost insurance companies more money. Men also have more aggressive citations like DUI and reckless driving.
  • Do you know you’re credit rating? – Credit score is a big factor in calculating your auto insurance rates. Drivers who have excellent credit tend to be better drivers and file fewer claims than those with lower ratings. If your credit rating is low, you could save money insuring your 1998 Chevrolet Tahoe by repairing your credit.
  • Pleasure use or commuting – The more you drive every year the more you will pay for auto insurance. Almost all companies apply a rate based upon how you use the vehicle. Cars and trucks left parked in the garage receive lower rates than vehicles that are driven to work every day. Having the wrong rating on your Tahoe may be wasting your money. Make sure your auto insurance policy properly reflects the correct driver usage, because improper ratings can cost you money.

Cut your insurance coverage rates with discounts

Companies offering auto insurance don’t list all their discounts in an easy-to-find place, so the following is a list of some of the best known and the harder-to-find discounts you could be receiving.

  • Life Insurance – Larger companies have lower rates if you buy life insurance.
  • Multi-car Discount – Insuring more than one vehicle on one policy can get a discount on all vehicles.
  • Own a Home – Owning a home may earn you a small savings because of the fact that having a home shows financial diligence.
  • No Claims – Drivers with accident-free driving histories can save substantially when compared to accident-prone drivers.
  • College Student – Youth drivers living away from home attending college and do not have a car may be able to be covered for less.
  • Accident Forgiveness – A handful of insurance companies will forgive one accident without raising rates so long as you haven’t had any claims for a certain period of time.
  • Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. The discount lasts up to age 25.
  • Fewer Miles Equal More Savings – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
  • Federal Employees – Employees or retirees of the government can earn a discount up to 10% on Tahoe coverage with select insurance companies.

Consumers should know that some of the credits will not apply the the whole policy. Some only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, you won’t be that lucky.

For a list of insurers with the best insurance coverage discounts, click here to view.

Save $457 a year? Really?

Insurance companies such as Progressive, Geico, Allstate and State Farm consistently run ads in print and on television. They all seem to say the same thing that you can save if you change your policy. But how can every company claim to save you money? This is how they do it.

Insurance companies are able to cherry pick for the type of driver that is profitable for them. A good example of a profitable customer might be profiled as a mature driver, has no tickets, and drives less than 7,500 miles a year. Any driver who matches those parameters is entitled to the best price and is almost guaranteed to save a lot of money.

Consumers who are not a match for this ideal profile will be quoted higher rates which usually ends up with the customer not buying. Company advertisements say “drivers who switch” not “people who quote” save money. That is how companies can claim big savings. This emphasizes why you should get as many comparisons as possible. You cannot predict which company will provide you with the cheapest Chevy Tahoe insurance rates.

You are unique and your auto insurance should be too

When buying coverage, there isn’t really a “best” method to buy coverage. Each situation is unique so your insurance needs to address that. For instance, these questions could help you determine whether or not you would benefit from professional advice.

  • Do I need to file an SR-22 for a DUI in my state?
  • Is extra glass coverage worth it?
  • Does coverage extend to a rental car in a foreign country?
  • Am I covered if my car is in a flood?
  • Is my Chevy Tahoe covered if I use it for business?
  • Do I benefit by insuring my home with the same company?
  • When would I need rental car insurance?
  • Are my tools covered if they get stolen from my vehicle?
  • At what point should I drop full coverage?
  • Is my 1998 Chevy Tahoe covered for smoke damage?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Car insurance 101

Having a good grasp of auto insurance can be of help when determining the best coverages and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types offered by auto insurance companies.

Comprehensive or Other Than Collision

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like hail damage, a tree branch falling on your vehicle, rock chips in glass, falling objects and hitting a bird. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Auto collision coverage

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like driving through your garage door, crashing into a building and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Liability auto insurance

Liability insurance will cover damage or injury you incur to people or other property. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability can pay for claims like pain and suffering, loss of income, legal defense fees, bail bonds and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for bills for things like chiropractic care, rehabilitation expenses, hospital visits, ambulance fees and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Shop Smart and Save

Cheap 1998 Chevy Tahoe insurance can be purchased from both online companies in addition to many insurance agents, and you need to price shop both to get a complete price analysis. A few companies do not provide online quoting and usually these smaller companies provide coverage only through local independent agents.

As you restructure your insurance plan, it’s not a good idea to reduce needed coverages to save money. There have been many situations where drivers have reduced physical damage coverage and learned later that a couple dollars of savings turned into a financial nightmare. The aim is to purchase a proper amount of coverage at the best price, not the least amount of coverage.

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