Lower Your 2013 Chevrolet Suburban Insurance Rates

No one in their right mind enjoys paying for car insurance, particularly when the cost is way too high.

Because you have many different company options, it is hard for the average consumer to pick the best provider.

It is always a good idea to get comparison quotes once or twice a year since rates change regularly. Just because you found the lowest price for Suburban coverage a few years ago you may be paying too much now. There is a lot of wrong information about car insurance online but by reading this article, you’re going to learn some great ways to find affordable car insurance.

Factors determining your Chevy Suburban insurance premium

Smart consumers have a good feel for the different types of things that go into determining auto insurance rates. Knowing what controls the rates you pay empowers consumers to make smart changes that could result in much lower annual insurance costs.

  • Clean credit earns discounts – Your credit score is a important factor in determining what you pay for auto insurance. If your credit score is lower than you’d like, you could pay less to insure your 2013 Chevrolet Suburban by improving your rating. People with high credit scores tend to be more responsible than drivers with poor credit.
  • Allowing your policy to lapse raises rates – Allowing your coverage to lapse will be a quick way to trigger a rate increase. Not only will you pay more, but not being able to provide proof of insurance will get you a hefty fine and possibly a revoked license.
  • Don’t skimp on liability – The liability section of your policy will protect you if ever you are found to be at fault for damages from an accident. It will provide for a legal defense starting from day one. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not cut corners here.
  • Where you live is a factor – Choosing to live in a small town is a positive aspect when insuring your vehicles. Lower population translates into fewer accidents as well as less vandalism and auto theft. Drivers in populated areas regularly have more traffic problems and much longer commute distances. Higher commute times can result in more accidents.
  • Do you need those extra coverages? – There are a ton of extra coverages that you can buy when buying auto insurance. Coverages for vanishing deductibles, towing coverage and additional equipment coverage are examples of these. They may seem like a good idea at first, but now you might not need them so eliminate them to save money.
  • Your car’s features help determine rates – Driving a car with a theft deterrent system can help lower your rates. Anti-theft features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder auto theft.
  • Your stress level may be raising your rates – Did you know that where you work can have an impact on rates? Occupations such as lawyers, business owners and accountants tend to have higher rates than average due to high stress levels and lengthy work days. On the flip side, occupations such as actors, athletes and homemakers receive lower rates for Suburban coverage.
  • Bad driving skills means higher rates – Drivers who don’t get tickets receive lower rates than their less careful counterparts. Just one ticket can bump up the cost twenty percent or more. Drivers who have dangerous citations like DUI or reckless driving may need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to prevent a license revocation.

Companies offer discounts so take them!

Companies don’t always advertise all available discounts in an easy-to-find place, so we break down some of the best known and the more hidden ways to save on insurance coverage.

  • Multi-policy Discount – When you combine your home and auto insurance with the same company you may save approximately 10% to 15%.
  • Military Discounts – Having a family member in the military could be rewarded with lower premiums.
  • Auto/Life Discount – Companies who offer life insurance give a break if you buy auto and life insurance together.
  • Save over 55 – Older drivers can possibly qualify for reduced rates for Suburban coverage.
  • Defensive Driving Course – Completing a defensive driving course could possibly earn you a 5% discount depending on where you live.
  • Accident Waiver – A handful of insurance companies will allow you to have one accident without raising rates if you are claim-free for a particular time prior to the accident.
  • Anti-theft System – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Student in College – Any of your kids who attend school more than 100 miles from home without a vehicle on campus can receive lower rates.

It’s important to understand that many deductions do not apply to your bottom line cost. A few only apply to specific coverage prices like liability and collision coverage. Just because you may think all the discounts add up to a free policy, it doesn’t quite work that way.

Car insurance companies who might offer some of the above discounts may include but are not limited to:

It’s a good idea to ask each company which discounts they offer. Some discounts may not be available in your area.

Do I just need basic coverages?

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions might help in determining if your situation might need an agent’s assistance.

  • Am I missing any policy discounts?
  • Are there companies who specialize in insuring high-risk drivers?
  • Should I buy full coverage?
  • Where can I find DUI or SR-22 insurance?
  • What is no-fault insurance?
  • What is the minimum liability in my state?
  • When would I need additional glass coverage?
  • Am I covered if I crash into my own garage door?
  • Is a new car covered when I drive it off the dealer lot?
  • Can I afford to pay high deductible claims out of pocket?

If it’s difficult to answer those questions, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Auto insurance 101

Having a good grasp of your policy helps when choosing the right coverages and the correct deductibles and limits. Insurance terms can be ambiguous and reading a policy is terribly boring. These are typical coverage types found on the average insurance policy.

Coverage for medical payments – Coverage for medical payments and/or PIP provide coverage for expenses such as EMT expenses, doctor visits and surgery. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. It covers you and your occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Uninsured and underinsured coverage – This coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Chevy Suburban.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Collision coverage – This will pay to fix damage to your Suburban resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like backing into a parked car, hitting a mailbox, sideswiping another vehicle, colliding with a tree and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Coverage for liability – This coverage will cover damage or injury you incur to a person or their property by causing an accident. This coverage protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability insurance covers claims like repair costs for stationary objects, pain and suffering, attorney fees and loss of income. How much liability should you purchase? That is up to you, but consider buying as large an amount as possible.

Comprehensive coverages – Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like falling objects, theft and rock chips in glass. The most a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

The best insurance company isn’t always the cheapest

Cost effective 2013 Chevy Suburban insurance can be bought from both online companies in addition to many insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some companies do not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

When buying insurance coverage, it’s a bad idea to buy less coverage just to save a little money. In many cases, drivers have reduced uninsured motorist or liability limits and learned later that the few dollars in savings costed them thousands. The proper strategy is to buy a smart amount of coverage at a price you can afford.

Helpful articles