1992 Chevrolet Suburban Car Insurance Quotes – 6 Discounts for Cheaper Rates

Baffled by the dozens of insurance coverage sources that you can choose from? There are so many choices that it can turn into more work than you anticipated to find the lowest price.

You should make it a habit to quote other rates yearly because prices change frequently. Just because you found the best deal on Suburban coverage last year a different company probably has better premium rates today. There are lots of tips to save on insurance coverage on the web, but I’m going to show you some solid techniques on how to find affordable insurance coverage.

These six discounts can reduce insurance coverage rates

Insuring your fleet can be pricey, but there are discounts available that can help lower your rates. Some discounts apply automatically at the time of quoting, but some need to be specially asked for before they will apply. If you’re not getting every credit possible, you could be getting lower rates.

  • Low Mileage – Low mileage vehicles could earn lower insurance coveragerates due to less chance of an accident.
  • Accident Forgiveness – Not really a discount, but companies like State Farm and Progressive permit an accident without the usual rate increase if your claims history is clear for a set time period.
  • Service Members Pay Less – Having a family member in the military could trigger a small discount.
  • Auto/Life Discount – Companies who offer life insurance give a discount if you purchase life insurance from them.
  • Anti-lock Brakes – Cars equipped with ABS or steering control can avoid accidents so you can save 10 percent or more.
  • Responsible Driver Discount – Drivers who avoid accidents could pay up to 40% less on Suburban coverage than less cautious drivers.

Remember that most discount credits are not given to your bottom line cost. Some only apply to individual premiums such as liability and collision coverage. Just because it seems like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

Popular insurance coverage companies and a selection of discounts can be found below.

  • State Farm policyholders can earn discounts including good student, multiple policy, anti-theft, Drive Safe & Save, and student away at school.
  • Esurance has savings for safety device, claim free, renters, good student, good driver, defensive driver, and homeowner.
  • Progressive may offer discounts for multi-policy, good student, online quote discount, homeowner, online signing, continuous coverage, and multi-vehicle.
  • Liberty Mutual discounts include newly married, multi-policy, good student, preferred payment discount, and multi-car.
  • Auto-Owners Insurance has discounts for good student, safe vehicle, mature driver, student away at school, and anti-theft.
  • GEICO includes discounts for seat belt use, defensive driver, membership and employees, federal employee, daytime running lights, and multi-policy.

Before buying, ask every company how many discounts you can get. Some of the earlier mentioned discounts may not be available in your state. To locate insurance companies offering insurance coverage discounts, follow this link.

When do I need an agent’s advice?

When choosing coverage, there isn’t really a perfect coverage plan. Every insured’s situation is different.

For instance, these questions may help you determine whether your personal situation will benefit from professional help.

  • What is covered by UM/UIM coverage?
  • What is the minimum liability in my state?
  • What if I total my 1992 Chevy Suburban and owe more than it’s worth?
  • How can I find cheaper teen driver insurance?
  • When should I remove comp and collision on my 1992 Chevy Suburban?
  • Do I have any recourse if my insurance company denies a claim?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is my ex-spouse still covered by my policy?
  • I don’t drive much so do I pay less?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form.

Do drivers who switch really save $405 a year?

Popular auto insurance providers such as State Farm, GEICO and Progressive seem to constantly run ads on TV and radio. All the companies seem to make the promise that people will save if you get a free insurance quote and switch your coverage to them. How is it possible that every company can charge you less for car insurance? It’s all in the numbers.

Many companies have underwriting criteria for the right customer that earns them a profit. For instance, this type of driver may be between 25 and 40, has had continuous coverage, and chooses high deductibles. Anyone who matches those parameters is entitled to the best price as well as save quite a bit of money when switching.

Insureds who cannot meet the “perfect” profile will probably have to pay a higher rate and this results in the customer not purchasing. The ad wording is “customers who switch” not “everyone who quotes” save that much when switching. That’s the way companies can make claims like that.

This really drives home the point why it is so important to compare rate quotes every year. You cannot predict the company that will provide you with the cheapest rates.

Insurance coverages 101

Learning about specific coverages of insurance can be of help when determining the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Liability coverages – Liability coverage provides protection from injuries or damage you cause to people or other property in an accident. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for claims like medical services, pain and suffering and structural damage. How much coverage you buy is up to you, but consider buying higher limits if possible.

Comprehensive coverage (or Other than Collision) – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hitting a deer, vandalism, hitting a bird, damage from a tornado or hurricane and a broken windshield. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverages – This coverage pays for damage to your Suburban caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as crashing into a building, crashing into a ditch, driving through your garage door, hitting a parking meter and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like rehabilitation expenses, dental work, chiropractic care, X-ray expenses and nursing services. They can be used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and damage to your 1992 Chevy Suburban.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Normally these limits do not exceed the liability coverage limits.

Do the work, save more money

We just covered a lot of information how to compare 1992 Chevy Suburban insurance prices online. The key thing to remember is the more you quote insurance, the better your comparison will be. Drivers may discover the best price on auto insurance is with a small mutual company.

Some companies do not offer rate quotes online and most of the time these regional carriers sell through local independent agents. The cheapest 1992 Chevy Suburban insurance can be purchased both online in addition to local insurance agencies, and you should compare price quotes from both to have the best rate selection.

When buying insurance coverage, do not reduce coverage to reduce premium. There are too many instances where someone sacrificed physical damage coverage only to regret at claim time that the small savings ended up costing them much more. The goal is to find the BEST coverage at the best cost, but do not sacrifice coverage to save money.

Even more information is available at these sites: