How Much Does 2003 Chevrolet Tahoe Insurance Cost?

Looking for cheaper car insurance rates for your Chevrolet Tahoe? No sane person looks forward to paying for car insurance, in particular when their premiums are too high. Having so many insurance providers from which to choose, it can be challenging to find the lowest cost insurer.

Discounts for affordable insurance coverage rates

Some providers don’t list all available discounts in a way that’s easy to find, so we break down some of the best known and also the lesser-known credits that may apply to you.

  • Driver Safety – Taking a class that teaches defensive driving techniques could save 5% or more and easily recoup the cost of the course.
  • ABS Braking Discount – Anti-lock brake equipped vehicles have fewer accidents and the ABS can save up to 10%.
  • Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and that can save you a little bit as well.
  • Distant Student – Youth drivers who are enrolled in higher education away from home and leave their car at home may be able to be covered for less.
  • Life Insurance – Larger insurance companies have a discount if you purchase a life insurance policy as well.
  • Discount for New Cars – Insuring a new car can save up to 30% due to better safety requirements for newer vehicles.
  • Driver Education Discount – Make teen driver coverage more affordable by requiring them to take driver’s ed class as it can save substantially.
  • Fewer Miles Equal More Savings – Driving less could be rewarded with better prices on cars that stay parked.

It’s important to note that most credits do not apply to the entire cost. The majority will only reduce specific coverage prices like liability, collision or medical payments. So when the math indicates you would end up receiving a 100% discount, you’re out of luck.

A list of companies and their offered discounts can be found below.

  • State Farm includes discounts for good driver, Steer Clear safe driver discount, good student, Drive Safe & Save, driver’s education, defensive driving training, and anti-theft.
  • American Family has discounts for early bird, TimeAway discount, defensive driver, bundled insurance, and air bags.
  • GEICO offers premium reductions for air bags, military active duty, anti-lock brakes, five-year accident-free, and multi-policy.
  • 21st Century may offer discounts for air bags, student driver, driver training, homeowners, anti-lock brakes, defensive driver, and early bird.
  • Progressive may have discounts that include online quote discount, continuous coverage, online signing, multi-policy, homeowner, and multi-vehicle.

When quoting, ask every prospective company how you can save money. Depending on the company, some discounts might not be available to policyholders in your area. If you would like to see a list of insurance companies with significant discounts, click here to view.

Auto insurance quotes comparison

Finding more affordable 2003 Chevy Tahoe auto insurance prices is an easy way to save money. All you need to do is spend a few minutes on the computer comparing rate quotes online with multiple companies. Rate comparisons can be done using one of these methods.

  • If you’re in a hurry, the quickest way to compare a lot of rates at once is a comparison rater form like this one (opens in new window). This easy form keeps you from doing repetitive form entry for each company. Filling out one form gets prices estimates from all major companies.
  • A different way to find more affordable insurance requires visiting the website for every company you want to comare and repeat the quote process again and again. For instance, let’s assume you want rates from GEICO, Farmers and GMAC. You would need to go to every website to enter the same coverage data repeatedly, which is why the first method is quicker.

    To view a list of companies in your area, click here.

Which method you use is up to you, but make sure you are using exactly the same coverage limits and deductibles on every quote. If you are comparing different liability limits then you won’t be able to truly determine the lowest rate.

Tailor your auto insurance coverage to you

When buying the best auto insurance coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different so your insurance needs to address that. For example, these questions can help discover whether you would benefit from an agent’s advice.

  • Do I need replacement cost coverage on my 2003 Chevy Tahoe?
  • Is rental equipment covered for theft or damage?
  • Am I covered when pulling a rental trailer?
  • Am I covered when using my vehicle for business?
  • Am I covered when driving on a suspended license?
  • Can I get a multi-policy discount?
  • Should I rate my 2003 Chevy Tahoe as pleasure use or commute?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.

Parts of your car insurance policy

Learning about specific coverages of your car insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. These are typical coverages found on most car insurance policies.

Auto liability insurance

Liability coverage will cover damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims like attorney fees, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

Medical expense insurance

Coverage for medical payments and/or PIP pay for expenses like dental work, prosthetic devices, nursing services and funeral costs. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Chevy Tahoe.

Due to the fact that many 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 should not be overlooked.

Comprehensive (Other than Collision)

This coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like hitting a bird, hitting a deer, a tree branch falling on your vehicle, hail damage and damage from a tornado or hurricane. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage protection

This coverage covers damage to your Tahoe caused by collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like crashing into a ditch, hitting a parking meter, backing into a parked car and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Make a quick buck

We’ve covered a lot of techniques to compare 2003 Chevy Tahoe insurance premium rates online. The most important thing to understand is the more price quotes you have, the higher the chance of saving money. You may even discover the biggest savings come from a lesser-known regional company. They may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

Budget-friendly auto insurance is definitely available both online as well as from insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some auto insurance companies do not offer rate quotes online and these small insurance companies prefer to sell through local independent agents.

Additional articles