2002 Chevrolet Tahoe Insurance Cost – 9 Discounts for Cheapest Prices

Want better insurance coverage rates for your Chevrolet Tahoe? High-priced insurance coverage can drain your accounts and put the squeeze on your family’s finances. Performing a rate comparison is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away.

Due to the abundance of options, it can be hard to find the best insurer.

You should make it a habit to get comparison quotes before your policy renews because insurance coverage rates go up and down regularly. Despite the fact that you may have had the lowest premium rates for Tahoe insurance a few years ago there may be better deals available now. You can find a lot of wrong information about insurance coverage out there, but in this article, you’re going to get some solid techniques on how to find cheap insurance coverage.

How to compare auto insurance quotes

Effectively comparing auto insurance prices can take time and effort if you aren’t aware of the fastest way to get free quotes. You can waste hours talking about coverages with insurance agencies in your area, or you could save time and use the web to get rate comparisons in just a few minutes.

Most car insurance companies are enrolled in a marketplace where prospective buyers submit their information once, and at least one company can give them a price for coverage. This system prevents you from having to do form submissions for every auto insurance company.

To submit your quote information now, click here (opens in new window).

The only drawback to pricing coverage this way is that you can’t choose the providers you want pricing from. So if you prefer to pick specific insurance companies to compare rates, we have assembled a list of low cost auto insurance companies in your area. View list of insurance companies.

Whichever method you choose, compare the same information for each quote you get. If you enter different coverage information then you won’t be able to make a fair comparison for your Chevy Tahoe.

Car insurance rates and discounts

The price of auto insurance can be rather high, but there could be available discounts that could drop your premiums quite a bit. Certain discounts will be applied when you complete an application, but some may not be applied and must be asked for before being credited.

  • Senior Citizen Discount – If you’re over the age of 55, you can get better car insurance rates for Tahoe insurance.
  • Accident Forgiveness Coverage – This isn’t a discount exactly, but some insurance companies will let one accident slide before hitting you with a surcharge if you have no claims prior to being involved in the accident.
  • Paperwork-free – Certain companies may give you up to $50 for buying your policy on your computer.
  • Discount for Good Grades – This discount can get you a discount of up to 25%. Most companies allow this discount up until you turn 25.
  • Defensive Driver Discounts – Participating in a class that teaches defensive driver techniques could possibly earn you a 5% discount if you qualify.
  • Driver Education Discount – Require your teen driver to successfully complete driver’s ed class as it can save substantially.
  • Switch and Save Discount – A few car insurance companies allow discounts for switching policies before your current coverage expires. This discount can save up to 10%.
  • Service Members Pay Less – Being deployed in the military could trigger a small discount.
  • Theft Deterent Discount – Anti-theft and alarm system equipped vehicles can help prevent theft and can earn a small discount on your policy.

Don’t be shocked that most credits do not apply the the whole policy. Most cut the price of certain insurance coverages like comprehensive or collision. So even though you would think it’s possible to get free car insurance, companies wouldn’t make money that way.

A few popular companies and their possible discounts are included below.

  • Progressive may have discounts that include online quote discount, homeowner, online signing, multi-policy, and good student.
  • Farmers Insurance policyholders can earn discounts including early shopping, electronic funds transfer, bundle discounts, good student, switch companies, alternative fuel, and homeowner.
  • Farm Bureau discounts include 55 and retired, multi-policy, good student, safe driver, renewal discount, youthful driver, and multi-vehicle.
  • State Farm may include discounts for multiple policy, accident-free, passive restraint, Steer Clear safe driver discount, anti-theft, and driver’s education.
  • GEICO has discounts for good student, anti-lock brakes, driver training, federal employee, daytime running lights, anti-theft, and defensive driver.
  • SAFECO may offer discounts for anti-lock brakes, homeowner, multi-car, anti-theft, and teen safety rewards.
  • Liberty Mutual offers discounts for hybrid vehicle, new graduate, safety features, preferred payment discount, new vehicle discount, newly married, and teen driver discount.

When getting free car insurance quotes, it’s a good idea to each company or agent which discounts you may be entitled to. Some discounts may not apply to policyholders in your area. If you would like to see a list of insurance companies that offer multiple discounts, click here.

Situations that may require an agent’s advice

When buying coverage, there is no single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions might point out if you could use an agent’s help.

  • Does my 2002 Chevy Tahoe need full coverage?
  • Why do I only qualify for high-risk insurance?
  • Should I get collision insurance on every vehicle?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Am I covered when pulling a rental trailer?
  • I have good health insurance, so how much medical payments coverage do I need?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Educate yourself about insurance coverages

Having a good grasp of insurance can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverages found on the average insurance policy.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Tahoe.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Usually these coverages are similar to your liability insurance amounts.

Medical expense coverage – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like nursing services, doctor visits, EMT expenses and X-ray expenses. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Liability auto insurance – This will cover injuries or damage you cause to other’s property or people by causing an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as emergency aid, loss of income, structural damage, repair costs for stationary objects and bail bonds. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Comprehensive protection – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from flooding, vandalism, hitting a bird, falling objects and damage from a tornado or hurricane. The highest amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

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

Collision coverage pays for things like crashing into a building, hitting a mailbox, colliding with a tree and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

The bottom line

Budget-conscious 2002 Chevy Tahoe insurance can be purchased both online in addition to local insurance agencies, and you should be comparing both in order to have the best chance of saving money. A few companies don’t offer internet price quotes and most of the time these smaller companies only sell coverage through independent agencies.

We just presented a lot of ways to shop for 2002 Chevy Tahoe insurance online. The key thing to remember is the more times you quote, the better likelihood of getting inexpensive car insurance. Consumers could even find that the best premium rates are with a smaller regional carrier. They may only write in your state and offer lower prices as compared to the big name companies such as Allstate and Progressive.

More information