Compare 2003 Chevrolet Suburban Car Insurance Cost

Searching for cheaper insurance for a new or used Chevy Suburban can be a lot of work, but you can learn these tips to find lower rates. There are more efficient ways to shop for auto insurance so we’re going to tell you the quickest way to quote coverages for a Chevy and locate the best price possible from both online companies and local agents.

If you have insurance now or are shopping for new coverage, you can learn to get lower rates while maximizing coverage. Shopping for affordable insurance coverage coverage is not that difficult. Drivers just need to know the tricks to compare price quotes on the web.

Free Quotes for Insurance Coverage

Reducing your 2003 Chevy Suburban insurance rates is actually quite simple. You just have to take a few minutes to get quotes from different insurance companies. This can be accomplished in just a few minutes using one of these methods.

  1. The fastest way to find low rates is to use a rate comparison form click to view form in new window. This form eliminates the need for a different quote for each company. A single, simple form gets you price quotes from multiple companies.It’s the quickest way to get rates.
  2. A more time consuming way to find lower rates requires a trip to the website of each company to request a price quote. For examples sake, let’s assume you want to compare Allstate, GEICO and American Family. You would have to visit each site and enter your information, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

It’s up to you which method you use, but make darn sure you compare the exact same coverage information with each company. If you are comparing different liability limits it will be very difficult to make a fair comparison for your Chevy Suburban.

Don’t pay full price with these discounts

Companies offering auto insurance do not list every available discount in a way that’s easy to find, so we break down some of the best known and the more hidden savings tricks you should be using. If you aren’t receiving every discount you deserve, you are throwing money away.

  • Own a Home – Simply owning a home may trigger a insurance policy discount because maintaining a house is proof that your finances are in order.
  • Driver Safety – Taking part in a defensive driving course could cut 5% off your bill depending on where you live.
  • Employee of Federal Government – Simply working for the federal government could cut as much as 10% off on Suburban coverage with certain companies.
  • Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less on Suburban coverage than drivers with accidents.
  • Good Student – Performing well in school can save 20 to 25%. The good student discount can last up to age 25.

A little note about advertised discounts, most credits do not apply to all coverage premiums. The majority will only reduce specific coverage prices like liability, collision or medical payments. Even though it may seem like all those discounts means the company will pay you, you’re out of luck.

Car insurance companies that may have these money-saving discounts include:

Check with each company how you can save money. Discounts may not apply everywhere.

Factors that might impact rates for a Chevy Suburban

An important part of buying insurance is that you know the factors that play a part in calculating the price you pay for car insurance. Having a good understanding of what determines base rates allows you to make educated decisions that could result in big savings.

  • No coverage gaps is important – Having an insurance coverage lapse will be a fast way to pay more for car insurance. And not only will insurance be more expensive, failure to provide proof of insurance might get you a hefty fine and possibly a revoked license.You may have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
  • Increase deductibles and save – Deductibles for physical damage represent how much money you are required to spend out-of-pocket if you file a covered claim. Physical damage insurance, also known as collision and other-than-collision, insures against damage to your car. Some examples of claims that would be covered are colliding with a building, vandalism, and windstorm damage. The more the insured has to pay upfront, the lower your rates will be on Suburban coverage.
  • Where you reside plays a part – Living in less populated areas is a positive aspect when buying car insurance. Lower population means a lower chance of having an accident as well as less vandalism and auto theft. Urban drivers tend to have more traffic problems and longer commute times. Longer commute distances translates into higher accident risk.
  • Clean credit earns discounts – Credit score is a huge factor in calculating your car insurance rates. So if your credit history is lower than you’d like, you could potentially save money when insuring your 2003 Chevrolet Suburban by repairing your credit. People with high credit ratings tend to be more responsible than drivers who have poor credit.
  • Men are more aggressive – Statistics demonstrate that women are safer drivers than men. However, this does not mean men are WORSE drivers than women. Both sexes are in accidents in similar percentages, but the males have costlier accidents. They also get cited for more serious violations like DUI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and therefore are the most expensive to insure.
  • Protect yourself with liability coverage – Liability insurance is the coverage that protects you if you are found liable for damages caused by your negligence. It will provide you with a defense in court up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.
  • High numbers of claims are not good – Car insurance companies provide lower rates to policyholders who are claim-free. If you tend to file frequent claims, you can expect higher rates. Your insurance policy is designed for larger claims.

Your personal situation dictates your coverage

When it comes to buying adequate coverage for your vehicles, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs.

These are some specific questions might point out if you could use an agent’s help.

  • How high should my medical payments coverage be?
  • Do I need motorclub coverage?
  • Where can I find high-risk insurance?
  • How high should my uninsured/underinsured coverage be in my state?
  • Does having multiple vehicles earn me a discount?
  • What are the best liability limits?
  • Does my 2003 Chevy Suburban need full coverage?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, simply complete this short form. It’s fast, free and you can get the answers you need.

Is there truth in advertising?

Consumers can’t ignore all the ads that promise big savings from companies such as Allstate, GEICO and Progressive. They all make the same claim about savings if you switch your policy.

How can each company make the same claim?

Different companies have a certain “appetite” for the type of customer that makes them money. For example, a preferred risk could possibly be between the ages of 40 and 55, has no tickets, and has excellent credit. A propective insured that hits that “sweet spot” receives the best rates and is almost guaranteed to save when they switch companies.

Consumers who don’t meet the requirements must pay a higher premium and this can result in the driver buying from a lower-cost company. The ads state “customers that switch” not “everyone that quotes” save money. That is how insurance companies can confidently make the claims of big savings. This illustrates why drivers should compare many company’s rates. It’s just too difficult to predict which company will give you the biggest savings on Chevy Suburban insurance.

Car insurance coverage information

Having a good grasp of car insurance helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for rehabilitation expenses, doctor visits, dental work, pain medications and nursing services. They are often utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Liability coverages

Liability insurance can cover damage that occurs to people or other property. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability can pay for things like repair costs for stationary objects, medical expenses, structural damage, repair bills for other people’s vehicles and bail bonds. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

Collision insurance

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as sustaining damage from a pot hole, crashing into a ditch, crashing into a building, colliding with a tree and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Comprehensive insurance

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like damage from a tornado or hurricane, theft, damage from flooding and vandalism. The most a car 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 probably time to drop comprehensive insurance.

Quote more, save more

You just learned a lot of information how to get a better price on 2003 Chevy Suburban insurance. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. You may be surprised to find that the lowest priced insurance coverage comes from some of the lesser-known companies.

While you’re price shopping online, never buy lower coverage limits just to save a few bucks. There are many occasions where someone dropped liability coverage limits and learned later they didn’t purchase enough coverage. Your goal should be to purchase a proper amount of coverage at a price you can afford.

Consumers leave their current company for a number of reasons such as policy non-renewal, questionable increases in premium, unfair underwriting practices and high rates after DUI convictions. No matter why you want to switch, finding a new insurance coverage company is pretty easy and you might even save some money in the process.

More detailed insurance coverage information is located in the articles below: