Cheap 2000 Chevrolet Suburban Insurance Rates

Have you had enough of robbing Peter to pay Paul to pay your car insurance bill each month? Your situation is no different than most other car owners. With so many insurance companies to choose from, it’s difficult to find the most cost effective insurer.

Pricing affordable protection can be fairly easy. If you are insured now or are just looking to switch companies, you can learn to find better prices and possibly find even better coverage. Consumers just need to know the proper way to shop their coverage around online.

Discounts are great for lower rates

Car insurance can cost a lot, buy you may qualify for discounts to cut the cost considerably. Most are applied at quote time, but a few must be requested specifically prior to receiving the credit. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Claim Free – Drivers with accident-free driving histories pay less as compared to accident-prone drivers.
  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
  • Drivers Education – Require your teen driver to complete a driver education course in school.
  • New Car Discount – Adding a new car to your policy can save up to 30% compared to insuring an older model.
  • Anti-theft System – Vehicles with anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can avoid accidents and will save you 10% or more.
  • Homeowners Pay Less – Simply owning a home may trigger a auto insurance policy discount due to the fact that maintaining a home is proof that your finances are in order.
  • Seat Belts Save – Requiring all passengers to use their safety belts could save 15% off your PIP or medical payments premium.
  • Government Employees – Active or retired federal employment can earn a discount up to 10% for Suburban insurance with select insurance companies.
  • Low Mileage – Low mileage vehicles can qualify you for discounted rates on garaged vehicles.

Consumers should know that some of the credits will not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like you could get a free auto insurance policy, you won’t be that lucky. Any qualifying discounts will cut the amount you have to pay.

Companies that possibly offer these benefits may include but are not limited to:

Before buying, ask each company how you can save money. Some discounts may not apply everywhere.

Parts of the Chevy Suburban rate equation

Consumers need to have an understanding of the rating factors that play a part in calculating the rates you pay for car insurance. Having a good understanding of what influences your rates allows you to make educated decisions that could result in better car insurance rates.

  • How your age affects price – Mature drivers tend to be more responsible, tend to file fewer claims and receive fewer citations. Young drivers have a tendency to be careless and easily distracted in a vehicle therefore car insurance rates are much higher.
  • Your occupation can affect rates – Did you know that where you work can have an impact on rates? Occupations like judges, business owners and dentists tend to pay the highest average rates due to high stress and lots of time spent at work. Other professions such as scientists, historians and homemakers have the lowest average rates for Suburban insurance.
  • Low deductibles can be expensive – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Chevy from damage. Some instances where coverage would apply are collision with another vehicle, collision with an animal, and burglary. Your deductibles are the amount of money you are required to spend before a claim is paid by your company. The higher the amount you are required to pay out-of-pocket, the bigger discount you will receive for Suburban insurance.
  • No coverage gaps is important – Not having insurance is illegal and car insurance companies will penalize you for letting your coverage lapse. And not only will insurance be more expensive, failure to provide proof of insurance will get you a hefty fine and possibly a revoked license.Then you may be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • Don’t buy coverages you don’t need – There are many extra bells and whistles you can purchase when buying car insurance. Coverages for personal injury protection, better glass coverage and motor club memberships are examples of these. They may seem like a good idea at first, but if you don’t need them eliminate them to save money.
  • Safer cars cost less to insure – Safer cars can get you lower premiums. Safe vehicles have better occupant injury protection and fewer injuries means less money paid by your insurance company passed on to you as lower rates. If the Chevy Suburban is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • Liability coverage protects you – Your policy’s liability coverage will protect you when you are found to be at fault for personal injury or accident damage. Liability insurance provides for a legal defense which can be incredibly expensive. Liability insurance is quite affordable as compared to coverage for physical damage, so drivers should carry high limits.

You may need specialized coverage

When it comes to choosing the best car insurance coverage for your personal vehicles, there really is no best way to insure your cars. Each situation is unique so this has to be addressed. For example, these questions can help discover if your insurance needs would benefit from an agent’s advice.

  • Is my business laptop covered if it gets stolen from my vehicle?
  • Am I covered when driving someone else’s vehicle?
  • What are the financial responsibility laws in my state?
  • Should I have combined single limit or split liability limits?
  • Where can I get insurance after a DUI in my state?
  • Do I need rental car coverage?
  • What if I don’t agree with a claim settlement offer?
  • Am I covered if hit by an uninsured driver?
  • Do I get a pro-rated refund if I cancel my policy early?
  • What is medical payments coverage?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Advertising myths

Drivers can’t ignore all the ads that promise big savings from companies such as 21st Century, Allstate and State Farm. All the companies say the same thing about savings if you switch your policy.

But how can every company say the same thing? This is how they do it.

All companies are able to cherry pick for the type of customer that is profitable for them. For example, a preferred risk might be between 30 and 50, a clean driving record, and drives less than 10,000 miles a year. A driver who meets those qualifications will get the preferred rates and as a result will probably save a lot of money.

Potential insureds who don’t qualify for the requirements must pay higher prices which leads to the customer not buying. The ads state “customers who switch” not “everybody who quotes” save money. That’s why insurance companies can claim big savings.

This illustrates why it’s extremely important to get as many comparisons as possible. It’s just too difficult to predict which company will have the lowest Chevy Suburban insurance rates.

Auto insurance coverage options for a Chevy Suburban

Learning about specific coverages of auto insurance can help you determine which coverages you need for your vehicles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages available from auto insurance companies.

Auto liability insurance

Liability coverage will cover damage or injury you incur to other people or property that is your fault. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for claims like structural damage, medical expenses and medical services. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

UM/UIM Coverage

This coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Suburban.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these limits do not exceed the liability coverage limits.

Medical costs insurance

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses like dental work, funeral costs and X-ray expenses. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. They cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Collision coverage

Collision coverage pays for damage to your Suburban caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like rolling your car, scraping a guard rail, backing into a parked car, hitting a parking meter and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as fire damage, hail damage and a broken windshield. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

One last thing about your coverage

We covered a lot of techniques to save on 2000 Chevy Suburban insurance. The most important thing to understand is the more times you quote, the better your chances of lowering your rates. You may be surprised to find that the best prices are with a company that doesn’t do a lot of advertising. Smaller companies may often insure only within specific states and give getter rates compared to the large companies like Allstate or State Farm.

When trying to cut insurance costs, it’s not a good idea to reduce coverage to reduce premium. In many cases, someone sacrificed comprehensive coverage or liability limits only to regret that it was a big mistake. The proper strategy is to buy a smart amount of coverage for the lowest price.

Additional information