Compare 2002 Chevrolet Suburban Insurance Quotes

Looking for the cheapest insurance coverage rates for your Chevrolet Suburban? Price shopping your insurance coverage can seem to be a challenge for consumers not familiar with comparison shopping online. Consumers have so many choices that it can easily become a real hassle to locate the lowest price.

Are you getting all your discounts?

Properly insuring your vehicles can get expensive, but you can get discounts that many people don’t even know exist. Some discounts apply automatically at the time of quoting, but lesser-known reductions have to be asked for prior to getting the savings.

  • Federal Employees – Simply working for the federal government could cut as much as 10% off for Suburban coverage with certain companies.
  • Driver Safety – Taking a course in driver safety can save you 5% or more and easily recoup the cost of the course.
  • Theft Prevention System – Vehicles with anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Auto/Life Discount – Select insurance companies reward you with better rates if you take out life insurance.
  • Auto/Home Discount – When you have multiple policies with one company you will save approximately 10% to 15%.

Drivers should understand that many deductions do not apply the the whole policy. Most cut individual premiums such as comp or med pay. So even though they make it sound like you could get a free car insurance policy, car insurance companies aren’t that generous. Any amount of discount will reduce the amount you have to pay.

Insurance companies who might offer some of the above discounts are:

Check with each insurance company how you can save money. Savings may not apply in your state.

Some factors that can determine what Chevy Suburban insurance costs

Smart consumers have a good feel for the factors that play a part in calculating 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 may reward you with much lower annual insurance costs.

  • Don’t cancel a policy without a new one in place – Driving with no insurance is illegal and as a result your rates will increase for letting your coverage lapse. And not only will insurance be more expensive, failure to provide proof of insurance might get you a steep fine or even jail time.
  • You might want pay the small claims yourself – If you frequently file small claims, you can expect either a policy non-renewal or much higher rates. Insurance companies generally give better rates to policyholders who are claim-free. Auto insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Car features impact rates – Owning a car with anti-theft technology or alarm system can save you a little every year. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent your vehicle from being stolen.
  • Pleasure use or commuting – The more you drive each year the more you will pay for auto insurance. Most companies apply a rate based on their usage. Vehicles that are left in the garage qualify for better rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your Suburban can cost quite a bit. Verify your auto insurance policy is rated on the correct driver usage.
  • Extra add-on coverages are wasting money – There are a lot of add-on coverages you can purchase on your Suburban policy. Coverages for personal injury protection, better glass coverage and membership fees are examples of these. They may seem good when talking to your agent, but your needs may have changed so eliminate them to save money.

When might I need an agent?

When choosing coverage for your personal vehicles, there is no single plan that fits everyone. Everyone’s situation is unique.

For example, these questions may help you determine whether your personal situation might need professional guidance.

  • Should I buy only the required minimum liability coverage?
  • What is the rate difference between pleasure use and commuting?
  • Do I need to file an SR-22 for a DUI in my state?
  • What are the financial responsibility laws in my state?
  • When can my company non-renew my policy?
  • Will my rates increase for filing one claim?
  • Am I covered if I crash into my own garage door?
  • Am I insured when driving a different vehicle?
  • Should I put collision coverage on all my vehicles?

If you can’t answer these questions, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form.

Car insurance ads bend the truth

Progressive, Geico, Allstate and State Farm consistently run ads in print and on television. All the companies say the same thing that you’ll save big if you change to them. But how can every company make the same claim? This is how they do it.

Different companies can use profiling for the driver they prefer to insure. For instance, a profitable customer could possibly be between the ages of 40 and 55, has no tickets, and has great credit. A customer who fits that profile gets the lowest rates and is almost guaranteed to cut their rates substantially.

Potential insureds who don’t qualify for this ideal profile will have to pay higher premiums and this can result in the customer not buying. The ads state “drivers who switch” not “people who quote” save money. That’s why companies can make the claims of big savings.

Because of the profiling, drivers must get a wide range of price quotes. It’s impossible to know which company will provide you with the cheapest Chevy Suburban insurance rates.

Coverages available on your insurance policy

Learning about specific coverages of a insurance policy can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Auto liability insurance

This coverage provides protection from injuries or damage you cause to people or other property by causing an accident. It protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as medical expenses, bail bonds and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.

Insurance for medical payments

Med pay and PIP coverage provide coverage for bills like rehabilitation expenses, nursing services and doctor visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover you and your occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Chevy Suburban.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive coverage (or Other than Collision)

This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as a broken windshield, damage from getting keyed, hitting a bird and falling objects. The most a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto collision coverage

Collision insurance covers damage to your Suburban resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as colliding with another moving vehicle, backing into a parked car, scraping a guard rail and crashing into a ditch. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.

Quote often and quote early

We just showed you some good ideas how to save on 2002 Chevy Suburban insurance. The key concept to understand is the more rate comparisons you have, the better your comparison will be. Consumers could even find that the best prices are with the least-expected company.

When shopping online for insurance coverage, it’s not a good idea to skimp on coverage in order to save money. There have been many cases where consumers will sacrifice physical damage coverage and discovered at claim time that they should have had better coverage. The ultimate goal is to buy enough coverage at an affordable rate while still protecting your assets.

Cheaper insurance is available on the web in addition to many insurance agents, so you should compare both to have the best chance of lowering rates. Some companies do not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.

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