How Much Does 2000 Chevrolet Tahoe Limited/Z71 Car Insurance Cost?

Nobody I know likes having to buy car insurance, especially when they are paying too much.

Consumers have many insurers to purchase coverage from, and even though it’s nice to have multiple companies, too many choices makes it more difficult to locate the cheapest rates.

Finding affordable auto insurance coverage can be fairly easy. Basically, every driver who has to buy auto insurance most likely will be able to lower their premiums. But vehicle owners do need to learn the methods companies use to compete online.

Lesser-known factors impacting Chevy Tahoe Limited/Z71 insurance rates

Consumers need to have an understanding of the rating factors that go into determining the price you pay for insurance. When you know what positively or negatively influences your rates helps enable you to make changes that may reward you with better insurance rates.

  • Liability insurance protects assets – The liability section of your policy provides coverage if you are found to be at fault for damages from an accident. Liability insurance provides you with a defense in court starting from day one. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Don’t buy coverages you don’t need – There are a lot of add-on coverages that can waste your money on your insurance policy. Insurance for personal injury protection, accident forgiveness and motor club memberships are examples of these. They may seem like a good idea initially, but if you don’t need them eliminate the coverages to reduce your premium.
  • The more you drive the more you pay – The more miles you rack up on your Chevy each year the more you’ll pay to insure your vehicle. Almost all companies apply a rate based on how the vehicle is used. Cars and trucks that are left in the garage can get a lower rate than those used for commuting. Verify your insurance policy is rated on how each vehicle is driven, because it can save money. Incorrect usage on your Tahoe Limited/Z71 may be costing you.
  • Low deductibles can be expensive – Physical damage deductibles represent how much money you are required to spend in the event of a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. A few examples of covered claims could be colliding with a building, damage caused by hail, and burglary. The higher the amount you have to pay, the less your insurance will be on Tahoe Limited/Z71 insurance.
  • Your job and insurance rates – Careers like judges, executives and stock brokers tend to pay the highest rates attributed to high stress and long work days. On the other hand, occupations like scientists, students and retirees have the lowest average rates on Tahoe Limited/Z71 insurance.
  • Pay less if you’re married – Getting married actually saves money on your insurance policy. Having a spouse means you’re more mature it has been statistically shown that married couples file fewer claims.

Discounts to lower 2000 Chevy Tahoe Limited/Z71 insurance rates

Properly insuring your vehicles can get expensive, but there are discounts available to reduce the price significantly. A few discounts will automatically apply at the time of purchase, but some must be inquired about in order for you to get them.

  • Accident Waiver – A handful of insurance companies will forgive one accident before hitting you with a surcharge as long as you don’t have any claims prior to the accident.
  • Organization Discounts – Being a member of a professional or civic organization is a good way to get lower rates on your policy on Tahoe Limited/Z71 insurance.
  • Discount for Life Insurance – Companies who offer life insurance give a break if you buy life insurance from them.
  • Safety Course Discount – Successfully completing a course in driver safety could save 5% or more depending on where you live.
  • Federal Government Employee – Active or retired federal employment can save as much as 8% on Tahoe Limited/Z71 insurance with a few insurance companies.

Keep in mind that most discount credits are not given to your bottom line cost. Some only reduce specific coverage prices like collision or personal injury protection. Even though it may seem like you could get a free insurance policy, insurance companies aren’t that generous. But any discount will reduce your premiums.

To see a list of providers offering insurance discounts, follow this link.

Can switching companies really save?

Insurance providers like State Farm and Allstate consistently run television and radio advertisements. They all have a common claim of big savings if you change your coverage to them. How does each company make almost identical claims? It’s all in the numbers.

All companies can use profiling for the type of customer that is profitable for them. An example of a desirable insured could be between the ages of 30 and 50, has no prior claims, and has a short commute. A propective insured who matches those parameters gets the lowest rates and is almost guaranteed to save when switching.

Consumers who are not a match for this ideal profile will have to pay a higher premium which leads to the driver buying from a lower-cost company. The ads say “customers who switch” but not “drivers who get quotes” save that kind of money. That is how insurance companies can make those claims.

Because of the profiling, it is so important to compare many company’s rates. It is impossible to predict the company that will have the lowest Chevy Tahoe Limited/Z71 insurance rates.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your vehicles, there really is not a cookie cutter policy. Every insured’s situation is different so this has to be addressed. These are some specific questions can aid in determining whether or not you may require specific advice.

  • Is my vehicle covered by my employer’s policy when using it for work?
  • What is covered by UM/UIM coverage?
  • Can I still get insurance after a DUI?
  • What exactly is covered by my policy?
  • At what point should I drop full coverage?
  • When would I need rental car insurance?
  • Does coverage extend to a rental car in a foreign country?
  • Is rental equipment covered for theft or damage?
  • Does medical payments coverage apply to all occupants?
  • Am I covered when pulling a rental trailer?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to 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.

Insurance coverages and their meanings

Having a good grasp of insurance can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. These are typical coverage types found on most insurance policies.

Liability coverages

This coverage provides protection from injuries or damage you cause to other people or property. This coverage protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as medical services, legal defense fees, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Medical expense insurance

Med pay and PIP coverage provide coverage for bills for prosthetic devices, pain medications and X-ray expenses. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Protection from uninsured/underinsured drivers

This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your 2000 Chevy Tahoe Limited/Z71.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive (Other than Collision)

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as a broken windshield, damage from flooding, a tree branch falling on your vehicle, hail damage and hitting a deer. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision protection

This coverage pays for damage to your Tahoe Limited/Z71 resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like crashing into a ditch, colliding with a tree, hitting a parking meter and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Online plus local equals savings

As you go through the steps to switch your coverage, do not buy poor coverage just to save money. There are too many instances where consumers will sacrifice uninsured motorist or liability limits to discover at claim time that it was a big mistake. The proper strategy is to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

We just presented a lot of ways to save on 2000 Chevy Tahoe Limited/Z71 insurance. The key thing to remember is the more you quote, the better your comparison will be. You may be surprised to find that the lowest premiums are with the least-expected company. These companies may have significantly lower rates on certain market segments compared to the large companies like Allstate or State Farm.

More information can be read at the links below