Cheaper 2003 Chevrolet Suburban Insurance Rates

No one in their right mind looks forward to paying for car insurance, in particular when their premiums are through the roof. Lots of insurance companies contend to insure your vehicles, so it’s not easy to compare every insurance company to get the lowest rate possible.

If you have insurance now or are looking for a new policy, you can use this information to get lower rates and possibly find even better coverage. Buying car insurance is quite easy. Vehicle owners only need an understanding of the best way to get comparison quotes online.

The best way we recommend to get rate comparisons is to know car insurance companies participate in a system to compare their rates. To start a quote, the only thing you need to do is spend a couple of minutes providing details like how much education you have, whether you are married, if your license is active, and level of coverage desired. The rating information gets transmitted to insurance companies and they return rate quotes with very little delay.

Don’t miss these discounts

Insurance can be prohibitively expensive, but discounts can save money and there are some available to cut the cost considerably. Certain discounts will be triggered automatically at quote time, but a few need to be asked about before they will apply. If you don’t get every credit possible, you are throwing money away.

  • Life Insurance – Select insurance companies reward you with a break if you buy life insurance from them.
  • Driver’s Ed – Cut your cost by having your teen driver successfully complete driver’s ed class in high school.
  • Drive Safe and Save – Insureds without accidents may receive a discount up to 45% less for Suburban coverage than their less cautious counterparts.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control are safer to drive and qualify for as much as a 10% discount.
  • Seat Belts Save more than Lives – Requiring all passengers to buckle their seat belts could cut 10% or more off your medical payments premium.
  • Multiple Cars – Buying insurance for all your vehicles with the same company could earn a price break for each car.
  • Save over 55 – If you’re over the age of 55, you may receive a small decrease in premiums for Suburban coverage.
  • Accident Waiver – A handful of insurance companies allow you one accident without raising rates if you are claim-free for a particular time prior to the accident.
  • New Car Discount – Insuring a new car can cost up to 25% less compared to insuring an older model.
  • Military Discounts – Having a family member in the military could be rewarded with lower premiums.

It’s important to understand that most of the big mark downs will not be given the the whole policy. Most cut the price of certain insurance coverages like liability and collision coverage. So when it seems like you can get free auto insurance, companies don’t profit that way. Any qualifying discounts will cut the cost of coverage.

Companies who might offer these money-saving discounts may include but are not limited to:

It’s a good idea to ask each company how you can save money. Some discounts might not be offered in every state.

When might I need help?

When buying adequate coverage for your personal vehicles, there is no cookie cutter policy. Every situation is different and a cookie cutter policy won’t apply. For example, these questions may help you determine if your situation might need professional guidance.

  • Should I rate my 2003 Chevy Suburban as pleasure use or commute?
  • Why am I required to buy high-risk coverage?
  • Are rock chip repairs covered?
  • What is an SR-22 filing?
  • Am I covered when driving in Canada or Mexico?
  • Should I waive the damage coverage when renting a car?
  • Should I drop comprehensive coverage on older vehicles?
  • Do I need motorclub coverage?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, complete this form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and you can get the answers you need.

Specifics of your insurance policy

Understanding the coverages of insurance can be of help when determining the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.

Comprehensive coverages – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hail damage, falling objects and vandalism. The highest amount your insurance company will pay 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.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as doctor visits, nursing services and funeral costs. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Coverage for liability – This coverage provides protection from injuries or damage you cause to a person or their property that is your fault. It protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as repair costs for stationary objects, bail bonds, emergency aid, court costs and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as high a limit as you can afford.

Collision coverages – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as backing into a parked car, sustaining damage from a pot hole, damaging your car on a curb and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to increase the deductible to bring the cost down.

Uninsured and underinsured coverage – This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Chevy Suburban.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.