2007 Chevrolet Tahoe Car Insurance Cost – 6 Policy Discounts

Tired of not being able to afford to insure your Chevy every month? You’re in the same situation as most other car owners.

Since consumers have many companies and agents to choose from, it can be impossible to choose the best provider.

Companies offer discounts so take them!

Car insurance can cost a lot, buy you may qualify for discounts to cut the cost considerably. Certain discounts will be applied when you complete an application, but a few need to be manually applied prior to receiving the credit.

  • Discounts for Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates on Tahoe insurance than less cautious drivers.
  • Sign Online – A handful of insurance companies will give a small break for buying your policy on their website.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
  • Organization Discounts – Being a member of a civic or occupational organization could qualify you for a break when shopping for car insurance on Tahoe insurance.
  • Senior Citizens – Mature drivers can possibly qualify for better car insurance rates on Tahoe insurance.
  • Student in College – Any of your kids who attend school more than 100 miles from home and don’t have a car may qualify for this discount.

As a disclaimer on discounts, most discounts do not apply to all coverage premiums. Most cut specific coverage prices like collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, it just doesn’t work that way. Any amount of discount will bring down your premiums.

A partial list of companies that may have some of the above discounts include:

Double check with all companies you are considering what discounts are available to you. All car insurance discounts might not be offered everywhere.

Do you really save 40% when you switch?

Companies like Allstate, Geico and Progressive consistently run ads on TV and radio. All the ads make the same claim that you can save if you change to them. How does each company make almost identical claims? It’s all in the numbers.

Insurance companies have a certain “appetite” for the type of driver that earns them a profit. A good example of a preferred risk might be between the ages of 40 and 55, owns a home, and has great credit. A driver who meets those qualifications will get the preferred rates and as a result will probably save when they switch companies.

Potential insureds who don’t measure up to the “perfect” profile will have to pay a higher premium which usually ends up with business not being written. The ad wording is “customers that switch” but not “drivers who get quotes” save that much money. That’s why insurance companies can confidently make the claims of big savings.

Because of the profiling, you need to compare as many rates as you can. It’s impossible to know which car insurance company will give you the biggest savings on Chevy Tahoe insurance.

Do I just need basic coverages?

When buying adequate coverage, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs so this has to be addressed. For instance, these questions may help you determine if your insurance needs would benefit from professional advice.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Does my medical payments coverage pay my health insurance deductible?
  • I have a DUI can I still get coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Does my personal policy cover me when driving out-of-state?
  • Is upholstery damage covered by car insurance?
  • How high should my medical payments coverage be?
  • Am I covered if I drive in a foreign country?
  • Should I buy more coverage than the required minimum liability coverage?
  • How high should my uninsured/underinsured coverage be in my state?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area.

The coverage is in the details

Knowing the specifics of your policy can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. These are typical coverages offered by insurance companies.

Liability coverages – This coverage provides protection from damage or injury you incur to a person or their property by causing an accident. It protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 which stand for $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. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like repair costs for stationary objects, attorney fees, court costs, repair bills for other people’s vehicles and loss of income. The amount of liability coverage you purchase is your choice, but consider buying as high a limit as you can afford.

Uninsured or underinsured coverage – This provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Chevy Tahoe.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently these limits do not exceed the liability coverage limits.

Comprehensive protection – Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as a broken windshield, damage from flooding, vandalism and falling objects. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical expense coverage – Medical payments and Personal Injury Protection insurance reimburse you for expenses for pain medications, chiropractic care and doctor visits. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Collision – This will pay to fix damage to your Tahoe from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as backing into a parked car, driving through your garage door, crashing into a ditch and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

A penny earned…

We just showed you a lot of tips how to reduce 2007 Chevy Tahoe insurance prices online. The most important thing to understand is the more rate comparisons you have, the better likelihood of reducing your rate. You may even find the lowest rates come from a small local company. They can often provide lower rates in certain areas than the large multi-state companies such as State Farm or Progressive.

Discount insurance can be found online and also from your neighborhood agents, and you should compare price quotes from both so you have a total pricing picture. Some insurance providers may not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

More tips and info about insurance is available in these articles: