Six Minute Guide for Finding the Best Chevy Suburban 1500 Insurance

Tired of robbing Peter to pay Paul each month for car insurance? You are no different than the majority of other car owners.

Lots of auto insurance companies contend for your business, and because of this it can be hard to compare car insurance companies and uncover the absolute cheapest price

It is always a good idea to price shop coverage at least once a year because prices are rarely the same from one policy term to another. Despite the fact that you may have had the lowest rates for Suburban coverage a couple years back you can probably find a lower rate today. Forget all the misinformation about auto insurance because you’re about to learn the best way to buy cheaper auto insurance.

If you currently have a car insurance policy, you will most likely be able to save some money using these methods. Finding affordable coverage is not rocket science. Nevertheless, car owners must understand how companies compete online.

Why you might be paying too much to insure your Chevy Suburban 1500

An important part of buying insurance is that you know some of the elements that come into play when calculating the price you pay for auto insurance. Knowing what impacts premium levels allows you to make educated decisions that may reward you with big savings.

  • Pay less if you’re married – Getting married can actually save you money on auto insurance. It is viewed as being more mature than a single person and statistics show married couples file fewer claims.
  • Lower deductibles cost more – Physical damage insurance, also known as collision and other-than-collision, protects your Chevy from damage. Some examples of claims that would be covered are colliding with a building, collision with an animal, and burglary. Your deductibles are the amount of money you are required to spend out-of-pocket before a claim is paid by your company. The more expense the insured has to pay upfront, the lower your rates will be for Suburban coverage.
  • With age comes lower rates – Mature drivers tend to be more responsible, tend to cause fewer accidents and are safer drivers. Youthful drivers are statistically proven to get distracted easily in a vehicle and because of this, their auto insurance rates are much higher.
  • High crash test scores lower rates – Vehicles with good safety scores tend to have better insurance rates. These vehicles have better occupant injury protection and better occupant protection translates into savings for insurance companies passed on to you as lower rates. If your Chevy Suburban 1500 has ratings of a minimum four stars on or an “acceptable” rating on it is probably cheaper to insure.
  • Special features that cut premiums – Owning a car with an alarm system can get you a discount on your auto insurance. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your vehicle from being stolen.
  • Extra coverages can waste money – There are quite a few additional coverages you can purchase if you aren’t careful. Things like rental car reimbursement, better glass coverage and motor club memberships are some examples. They may seem like a good idea at first, but if you don’t need them remove them from your policy.

How to Compare Auto Insurance Rates

Comparing auto insurance rates is a ton of work if you don’t understand the fastest way to get free quotes. You could waste a few hours talking about coverages with local insurance agents in your area, or you can stay home and use the web to get rates in a matter of minutes.

Most of the best insurance companies participate in a marketplace that enables customers to only type in their quote data once, and at least one company can provide price quotes determined by their information. This system prevents you from having to do repetitive form submissions to each company.

To compare rates now click here to open in new window.

The one downside to comparing rates this way is that consumers can’t choose which companies you will receive quotes from. So if you prefer to pick specific providers to compare, we have a listing of low cost auto insurance companies in your area. Click here to view list.

Which method you use is up to you, but double check that you are using the exact same coverages on every quote you get. If you have different values for each quote you will not be able to truly determine the lowest rate. Slightly different coverages can make a big difference in price. Just keep in mind that obtaining a wide range of quotes will improve the odds of getting better pricing. car insurance

Do drivers who switch really save?

Auto insurance companies such as Allstate and Progressive consistently run ads on television and other media. They all seem to have a common claim that you can save if you change your policy. How do they all say the same thing?

Different companies have a preferred profile for the right customer that earns them a profit. An example of a profitable customer might be between the ages of 30 and 50, owns a home, and chooses high deductibles. A driver who matches those parameters will get the preferred rates and most likely will save a lot of money.

Drivers who fall outside these standards will have to pay higher premiums which usually ends up with the driver buying from a lower-cost company. The ad wording is “customers who switch” but not “drivers who get quotes” save money. That’s the way companies can truthfully claim big savings. Because of the profiling, drivers should get as many comparisons as possible. It’s not possible to predict which company will have the lowest rates.

These discounts can slash auto insurance rates

Companies don’t necessarily list all available discounts very clearly, so we break down some of the more common and also the lesser-known savings tricks you should be using.

  • Early Switch Discount – A few companies offer discounts for buying a policy before your current expiration date. It’s a savings of about 10%.
  • Theft Prevention System – Vehicles with anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Homeowners Pay Less – Owning a home can help you save on auto insurance because maintaining a house shows financial diligence.
  • Multi-car Discount – Buying insurance for more than one vehicle on one policy could earn a price break for each car.
  • Student in College – Children living away from home attending college and don’t have a car may be able to be covered for less.
  • Multi-policy Discount – When you combine your home and auto insurance with one company you may save approximately 10% to 15%.

Drivers should understand that many deductions do not apply to the entire policy premium. Most only reduce individual premiums such as comp or med pay. Just because it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.

Neighborhood insurance agents

Some consumers just want to buy from a licensed agent and that is just fine! One of the best bonuses of price shopping on the web is you can get better rates and still choose a local agent.

To find an agent, once you fill out this simple form, your coverage information gets sent to local insurance agents who will compete for your insurance coverage. There is no need to drive around due to the fact that quote results will go straight to your inbox. How cool is that?! You’ll get the best rates AND an agent nearby.

Picking a company requires more thought than just the premium amount. Here are some questions to ask:

  • Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
  • Who is covered by the car insurance policy?
  • Does the agent have professional designations like CIC, CPCU or AIC?
  • Are there any discounts that you might be missing?
  • Is working in the agency their full-time job?
  • Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
  • Will your rates increase after a single accident?
  • How often do they review policy coverages?

The different types of insurance agents

When searching for a good insurance agent, you need to know there are two types of insurance agents that you can select. agents are categorized either independent (non-captive) or captive.

Agency Captives

Captive insurance agents write business for a single company and some examples include Allstate, State Farm and Farmers Insurance. These agents are unable to give you multiple price quotes so it’s a take it or leave it situation. Captive agencies are very knowledgeable on their company’s products which helps them sell insurance even at higher premiums.

Independent Agents (or Brokers)

These agents are not locked into one company so they can insure your vehicles amongst many companies and possibly get better coverage at lower prices. To move your coverage to a new company, your agent can switch companies and you won’t have to switch agencies.

insurance for Chevrolet Suburban 1500

When shopping rates, you should always get quotes from several independent insurance agents to ensure the widest selection of prices.

To view a full list of agencies, click here.

Once you have positive feedback and an acceptable price quote, you may have just found an auto insurance agent that will adequately provide auto insurance.

One last thing about your coverage

As you prepare to switch companies, make sure you don’t buy less coverage just to save a little money. There have been many cases where an insured dropped collision coverage only to discover later that the small savings ended up costing them much more. Your focus should be to get the best coverage possible for the lowest price, not the least amount of coverage.

Cheaper Chevy Suburban 1500 insurance can be sourced both online and also from your neighborhood agents, and you need to comparison shop both to have the best rate selection. Some companies may not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.