Save on 2016 Chevrolet Suburban Car Insurance Quotes

No normal person anticipates paying for insurance, in particular when they could find lower prices if they just compared rates. Numerous car insurance companies battle for your business, and because of this it can be hard to compare auto insurance companies to discover the definitive lowest rate possible.

If you are insured now or need a new policy, you can use these techniques to find better prices and possibly find even better coverage. Finding affordable coverage is quite easy. Drivers only need an understanding of the proper methods to compare company rates online.

Take advantage of every insurance coverage discount

The price of auto insurance can be rather high, but you might be missing out on some discounts that may help make it more affordable. Some discounts will apply when you quote, but lesser-known reductions have to be requested specifically prior to receiving the credit.

  • Low Mileage – Keeping the miles down on your Chevy may allow you to get better premium rates on cars that stay parked.
  • 55 and Retired – Mature drivers can possibly qualify for better insurance coverage rates on Suburban coverage.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same company you could earn a discount of approximately 10% to 15%.
  • Save with More Vehicles Insured – Buying insurance for primary and secondary vehicles with the same company can reduce the rates for all insured vehicles.
  • Payment Discounts – By paying your entire bill at once as opposed to paying monthly you may have a lower total premium amount.
  • Discounts for Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save a little off the personal injury premium cost.
  • Defensive Driver Discounts – Taking part in a safe driver class could cut 5% off your bill if your company offers it.
  • Discount for Life Insurance – Insurance carriers who offer life insurance give a discount if you purchase a life policy as well.

As a footnote on discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only reduce individual premiums such as liability, collision or medical payments. So even though it sounds like you can get free auto insurance, you’re out of luck.

Large insurance coverage companies and a partial list of their discounts can be read below.

  • State Farm policyholders can earn discounts including multiple policy, passive restraint, Steer Clear safe driver discount, driver’s education, and good driver.
  • Progressive has savings for continuous coverage, good student, multi-policy, online quote discount, homeowner, multi-vehicle, and online signing.
  • Progressive discounts include multi-vehicle, good student, continuous coverage, homeowner, and online signing.
  • MetLife may include discounts for good student, claim-free, multi-policy, good driver, defensive driver, and accident-free.
  • Farm Bureau includes discounts for safe driver, multi-policy, multi-vehicle, driver training, and renewal discount.
  • GEICO has discounts for membership and employees, emergency military deployment, driver training, daytime running lights, seat belt use, military active duty, and five-year accident-free.
  • SAFECO offers premium reductions for teen safety rewards, anti-lock brakes, bundle discounts, multi-car, teen safe driver, and homeowner.

When getting a coverage quote, ask each company how you can save money. Discounts may not apply to policies in your area. To view insurers that offer the discounts shown above, click here to view.

How insurance companies calculate Chevy Suburban insurance prices

Part of the car insurance buying process is learning some of the things that help calculate your premiums. If you have a feel for what impacts premium levels, this allows you to make good choices that may reward you with much lower annual insurance costs. Many factors are considered when premium rates are determined. Most are fairly basic such as your driving history, but other factors are less apparent like your vehicle usage or your vehicle rating.

  • Do safer cars cost less to insure? – Cars with high safety ratings can get you lower premiums. These vehicles help reduce the chance of injuries in an accident and lower rates of occupant injuries translates into savings for insurance companies passed on to you as lower rates. If the Chevy Suburban earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
  • Small claims can cost you – If you are the type of insured that files lots of claims you can look forward to higher rates. Auto insurance companies generally give most affordable rates to policyholders who do not file claims often. Your car insurance is intended to be relied upon for claims that pose a financial burden.
  • How old are your drivers? – More mature drivers are more responsible, tend to file fewer claims and get fewer tickets.Teenage drivers have been known to be easily distracted when behind the wheel and because of this, their car insurance rates are much higher.
  • Is your vehicle theft-ready? – Driving a car with advanced anti-theft systems can earn a premium discount. Systems that thwart theives like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping car theft.
  • Qualify for multi-policy discounts – Most insurance companies apply discounts to policyholders that purchase more than one policy. It’s known as a multi-policy discount. Even though this discount sounds good, it’s still a good idea to compare rates to verify if the discount is saving money.
  • Pay more by driving carelessly – Whether or not you get tickets has a big impact on rates. Only having one speeding ticket or other violation can boost insurance rates by as much as thirty percent. Drivers with clean records pay less for auto insurance as compared to those with violations. Drivers who get serious citations like DUI or willful reckless driving may face state-mandated requirements to submit a SR-22 form to the state department of motor vehicles in order to keep their license.
  • Prices impacted by vehicle usage – The more miles you rack up on your Chevy every year the higher the price you pay to insure it. A lot of insurance companies apply a rate based upon how much you drive. Autos used primarily for pleasure use receive lower rates than cars that get driven a lot. It’s always a good idea to double check that your declarations sheet is rated on the correct usage for each vehicle. An improperly rated Suburban is throwing money out the window.

How to know if you need help

When it comes to buying coverage for your vehicles, there isn’t really a perfect coverage plan. Each situation is unique and a cookie cutter policy won’t apply. These are some specific questions might point out if you might need an agent’s assistance.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Should I buy additional glass protection?
  • How does medical payments coverage work?
  • Do I have coverage if my license is suspended?
  • What is high-risk coverage and where do I buy it?
  • Do I need an umbrella policy?
  • Is motorclub coverage worth it?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Can you really save that much by switching?

Consumers can’t ignore all the ads that claim the cheapest prices by companies like Allstate and Progressive. They all try to convey promises that drivers can save some big amount if you switch to their company.

How does every company sell you cheaper insurance coverage? This is the trick they use.

Insurance providers have specific criteria for a prospective insured that will not have excessive claims. For instance, this type of driver might be a female over age 40, has no driving citations, and drives a lower-performance vehicle. Any customer that hits that “sweet spot” will qualify for the lowest premium rates and will also save money with a new company.

People who fall outside these standards will probably be forced to pay higher prices which leads to business going elsewhere. Company advertisements say “customers that switch” not “all people who quote” will save that much if they switch. That’s why insurance companies can confidently claim big savings.

This emphasizes why it’s extremely important to compare quotes as often as possible. Because you never know which insurance companies will be your best fit.

Car insurance 101

Learning about specific coverages of your policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are typical coverages offered by insurance companies.

Auto collision coverage

Collision insurance covers damage to your Suburban resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as colliding with another moving vehicle, rolling your car, crashing into a building and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your Chevy Suburban.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, hitting a bird, vandalism and a broken windshield. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as surgery, hospital visits, dental work and ambulance fees. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability coverages

Liability coverage provides protection from damage or injury you incur to other people or 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.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as emergency aid, pain and suffering, repair costs for stationary objects and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Find Good Coverage for Less

When trying to cut insurance costs, never sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed liability limits or collision coverage to discover at claim time that they should have had better coverage. The proper strategy is to purchase a proper amount of coverage for the lowest price and still be able to protect your assets.

We’ve covered quite a bit of information on how to get a better price on 2016 Chevy Suburban insurance. It’s most important to understand that the more price quotes you have, the better your chances of lowering your premium rates. Drivers may discover the lowest priced insurance coverage comes from a lesser-known regional company. These companies can often provide lower premium rates in certain areas than their larger competitors like Allstate and Progressive.

Low-cost 2016 Chevy Suburban insurance is available on the web and with local insurance agents, so you need to shop insurance with both to have the best rate selection. Some insurance companies may not have the ability to get quotes online and most of the time these smaller companies prefer to sell through independent agents.

Additional resources