How Much Does 1997 Chevrolet Suburban Car Insurance Cost?

Looking for the cheapest auto insurance rates for your Chevrolet Suburban? Sick and tired of paying out the nose to insure your Chevy every month? You are in the same boat as most other car owners. Online insurance companies like Progressive, GEICO and Farmers Insurance all claim big savings with ad campaigns and it is challenging if not impossible to see through the cute green geckos and mayhem and take the time to shop coverage around.

It’s smart to shop coverage around on a regular basis since rates go up and down regularly. If you had the best deal on Suburban insurance on your last policy a different company probably has better rates today. Starting now, forget anything you know (or think you know) about auto insurance because you’re going to learn the proper way to save on auto insurance.

Insurance Coverage Prices

Cutting your insurance coverage rates is actually quite simple. Just invest a little time to get quotes provided by online insurance companies. This can be accomplished in several different ways.

  1. The best way consumers can make multiple comparisons is an all-inclusive rate comparison click to view form in new window. This method eliminates the need for repetitive form entry for each company you want a rate for. Filling out one form gets you price quotes from several companies.
  2. A different way to shop for insurance coverage online is spending the time to visit the website for each individual company and request a quote. For instance, let’s assume you want comparison quotes from State Farm, 21st Century and Progressive. To get each rate you have to spend time on each company’s site and enter your policy data, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

Whichever method you choose, compare the exact same quote information for each comparison quote. If the quotes have differing limits you will not be able to truly determine the lowest rate.

Discounts are basically free money

Insuring your vehicles can cost a lot, but there could be available discounts that can drop the cost substantially. A few discounts will automatically apply at quote time, but some must be manually applied prior to getting the savings. If you don’t get every credit possible, you are throwing money away.

  • No Claims – Drivers who don’t have accidents pay much less as compared to frequent claim filers.
  • Clubs and Organizations – Affiliation with certain professional organizations may earn a discount on insurance on Suburban insurance.
  • Multi-car Discount – Buying coverage for more than one vehicle on the same insurance policy may reduce the rate for each vehicle.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • Federal Government Employee – Employees or retirees of the government can earn a discount up to 10% on Suburban insurance with certain companies.

Keep in mind that most credits do not apply to all coverage premiums. Most only cut the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, it just doesn’t work that way. Any amount of discount will reduce the amount you have to pay.

Companies that may have these money-saving discounts include:

It’s a good idea to ask each company what discounts are available to you. Some discounts may not be available in your area.

Which insurance is the “right” coverage?

When buying adequate coverage for your personal vehicles, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For example, these questions could help you determine if you would benefit from an agent’s advice.

  • Does coverage extend to a rental car in a foreign country?
  • What exactly is covered by my policy?
  • Am I covered if I wreck a rental car?
  • How high should my uninsured/underinsured coverage be in my state?
  • Does my medical payments coverage pay my health insurance deductible?
  • Can I make deliveries for my home business?
  • Do I need medical payments coverage since I have good health insurance?
  • What is the rate difference between pleasure use and commuting?
  • Are my friends covered when driving my 1997 Chevy Suburban?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.

What determines your Chevy Suburban insurance premium

It’s important that you understand the different types of things that come into play when calculating the price you pay for auto insurance. Understanding what controls the rates you pay helps enable you to make changes that could result in better auto insurance rates.

The list below includes some of the items that factor into premiums.

  • Rates may be lower depending on your job – Occupations like lawyers, executives and dentists tend to have the highest average rates because of high stress levels and lots of time spent at work. Other occupations like pilots, historians and the unemployed receive lower rates on Suburban insurance.
  • More claims means more premium – If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Insurance companies award better rates to people who do not file claims often. Your insurance policy is meant to be used in the event of major claims that would cause financial hardship.
  • A clean driving record saves money – Whether or not you get tickets has a lot to do with how much you pay for insurance. Only having one citation can bump up the cost forty percent or more. Drivers who don’t get tickets get better rates compared to drivers with tickets. Drivers with flagrant tickets like DUI or reckless driving are required to file a SR-22 with the DMV in their state in order to keep their license.
  • Your car’s features help determine rates – Owning a car with an alarm system can help bring down rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent your car from being stolen.
  • Policy add-ons can waste money – There are quite a few add-on coverages you can purchase when buying auto insurance. Insurance for rental car reimbursement, better glass coverage and membership fees are examples of these. They may seem like a good idea when you first buy your policy, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Teen drivers pay high rates – Youthful drivers are statistically proven to get distracted easily behind the wheel so auto insurance rates are higher. Having to add a youthful driver to your policy can really hurt. Older drivers are more responsible, tend to cause fewer accidents and are safer drivers.
  • Your location affects your rates – Residing in small towns and rural areas is a positive aspect when talking about auto insurance. Drivers in populated areas have to deal with more traffic problems and a longer drive to work. Less people living in that area means fewer accidents.
  • Credit scores impact auto insurance rates – Having a bad credit score is a huge factor in determining what you pay for auto insurance. People with high credit scores tend to be more responsible as compared to drivers with lower ratings. Therefore, if your credit is low, you could be paying less to insure your 1997 Chevrolet Suburban by improving your credit score.

Coverages available on your policy

Understanding the coverages of car insurance aids in choosing the best coverages for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy. These are the normal coverages offered by car insurance companies.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Chevy Suburban.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Liability coverages

This can cover damage or injury you incur to people or other property in an accident. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like funeral expenses, emergency aid, loss of income and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for short-term medical expenses such as hospital visits, ambulance fees, X-ray expenses, rehabilitation expenses and funeral costs. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Comprehensive insurance

This covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims such as theft, a broken windshield, hitting a bird, damage from a tornado or hurricane and damage from getting keyed. The highest amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage protection

This covers damage to your Suburban resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as colliding with another moving vehicle, hitting a mailbox, rolling your car and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

More quotes mean more savings

In this article, we presented some good ideas how to shop for 1997 Chevy Suburban insurance online. It’s most important to understand that the more you quote, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with a lesser-known regional company. Some small companies often have lower prices on specific markets compared to the large companies like State Farm, GEICO and Nationwide.

Lower-priced insurance is available both online and also from your neighborhood agents, so you should compare both to get a complete price analysis. There are still a few companies who may not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

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