Compare 2003 Chevrolet Suburban Insurance Quotes

Trying to find lower insurance coverage rates for your Chevrolet Suburban? Are you a victim of high-priced insurance coverage? It’s a common feeling and there are lots of residents who feel the same.

Big companies like Allstate and Progressive increase brand awareness with ads and it is difficult to see past the corporate glitz and take the time to shop coverage around.

Insurance policy discounts

Car insurance companies don’t always advertise every discount very well, so we researched some of the more common as well as some of the hidden credits available to bring down your rates.

• Anti-theft System – Cars and trucks that have factory anti-theft systems are stolen with less frequency and qualify for as much as a 10% discount.
• Safety Course Discount – Taking a safe driver class could save 5% or more depending on where you live.
• Payment Discounts – By paying your entire bill at once instead of paying each month you could save 5% or more.
• Seat Belts Save – Requiring all passengers to use their safety belts could cut 10% or more on the premium charged for medical payments and/or PIP.
• E-sign – A handful of larger companies may give you up to $50 just for signing your application on their website.
• New Vehicle Savings – Adding a new car to your policy can be considerably cheaper due to better safety requirements for newer vehicles.
• Senior Citizen Rates – Seniors can get better insurance rates on Suburban insurance.
• Passive Restraint Discount – Options like air bags can qualify for discounts of 20% or more.
• Multiple Vehicles – Buying a policy with more than one vehicle on one policy can get a discount for every vehicle.
• Federal Employees – Being employed by or retired from a federal job may reduce rates when you quote auto insurance on Suburban insurance with certain companies.

Just know that some of the credits will not apply to your bottom line cost. Some only reduce the cost of specific coverages such as medical payments or collision. Even though the math looks like adding up those discounts means a free policy, it’s just not the way it works. But any discount will lower your overall premium however.

Companies that may offer most of these discounts include:

• Mercury Insurance
• Farmers Insurance
• Farm Bureau
• State Farm
• Allstate
• Geico

If you need cheap auto insurance quotes, ask every prospective company the best way to save money. Depending on the company, some discounts may not apply to policies everywhere. To see a list of insurance companies with discount insurance rates, click here to view.

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Compare auto insurance rates

There are a variety of methods to compare auto insurance prices but some are more efficient than others. You could spend your day talking about coverages with local insurance agents in your area, or you could use the internet to maximize your effort.

Many popular insurance companies enroll in a system where prospective buyers only type in their quote data once, and at least one company provides a quote based on the submitted data. This system prevents you from having to do repetitive form submissions for each company you want a rate for. To get comparison pricing now click here (opens in new window).

The only downside to comparing rates this way is buyers cannot specifically choose the providers to get pricing from. If you wish to select from a list of companies to compare rates, we have a listing of companies who write auto insurance in your area. Click to view list.

The method you choose is up to you, but make sure you use nearly identical quote data with each company. If you enter different data you will not be able to determine which company has the best rates. Having just a slight variation in limits may cause a big price difference. It’s important to know that comparing more company’s prices helps locate a lower rate than you’re paying now. Some insurance companies are not set up to provide rate quotes online, so you need to compare quotes from the smaller companies as well.

Five things that determine your insurance premiums

When buying car insurance it’s important to understand the rating factors that go into determining the rates you pay for car insurance. When consumers understand what determines base rates, this enables you to make decisions that can earn you much lower annual insurance costs. Multiple criteria are considered when you get a price on insurance. Some factors are common sense such as your driving record, although others are less obvious such as your credit history or how financially stable you are.

The following are a few of the “ingredients” used by insurance companies to determine your rate level.

• Costs also based on gender – Statistics show females are less aggressive when driving. However, this does not mean women are better drivers. Women and men are responsible for auto accidents at about the same rate, but males get into accidents with more damage. They also get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers generally have the highest accident percentage and are penalized with high car insurance rates.
• Vocation reflects on prices – Jobs such as military personnel, social workers and financial analysts are shown to have higher premiums than the average policyholder because of intense work-related stress and lengthy work days. On the other hand, careers such as professors, athletes and performers generally pay rates lower than average on Suburban insurance.
• Safer vehicles cost less to insure – Vehicles with good safety scores tend to be cheaper to insure. Safer cars protect occupants better and fewer injuries means less money paid by your insurance company passed on to you as lower rates.
• Raising deductibles saves money – Coverage for physical damage, also known as collision and other-than-collision, insures against damage to your Chevy. Some examples of covered claims would be running into the backend of another car, damage from fire, and burglary. Comp and collision deductibles tell how much you are willing to pay out-of-pocket before a claim is paid by your company. The more money you have to pay, the lower your rates will be on Suburban insurance.
• Rural areas have lower costs – Having an address in less populated areas of the country has definite advantages when it comes to car insurance. Residents of big cities have to deal with more auto accidents and a longer drive to work. Fewer drivers means less chance of accidents and a lower car theft rate.

How do I know if I need professional advice?

When it comes to buying proper insurance coverage, there really is no “best” method to buy coverage. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that may help you determine whether you would benefit from professional advice.

• Do I need replacement cost coverage on my 2003 Chevy Suburban?
• Am I covered if I hit a deer?
• How much liability do I need to cover my assets?
• If my pet gets injured in an accident are they covered?
• Is my babysitter covered when using my vehicle?
• Is borrowed equipment or tools covered if stolen or damaged?
• What if I owe more than I can insure my car for?
• If I drive on a suspended license am I covered?
• When would I need additional glass coverage?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

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Can switching companies really save?

Respected companies like State Farm and Allstate continually stream ads on television and other media. All the ads make the point that you can save just by moving to them. How can each company charge less that you’re paying now? It’s all in the numbers.

Companies have a preferred profile for the right customer that earns them a profit. An example of a desirable risk may need to be between the ages of 30 and 45, has few claims, and has a high credit rating. A customer that hits that “sweet spot” will get a cheap rate quote and as a result will probably save when switching.

Potential customers who cannot meet these stringent criteria may be required to pay more expensive rates and this can result in the customer not purchasing. The ad wording is “drivers who switch” not “everyone that quotes” save the amount stated. That’s why companies can lure you into getting a quote. This emphasizes why you should do a rate comparison at every renewal. It’s just too difficult to predict which company will fit you best based on your risk profile.

Learn about auto insurance coverages for a 2003 Chevy Suburban

Having a good grasp of your auto insurance policy can help you determine appropriate coverage for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement. Shown next are the normal coverages available from auto insurance companies.

Protection from uninsured/underinsured drivers – This coverage provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants as well as damage to your Chevy Suburban.

Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive (Other than Collision) – Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as vandalism, fire damage, rock chips in glass, hitting a deer and falling objects. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage pay for expenses like doctor visits, nursing services, X-ray expenses and dental work. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

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

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things like bail bonds, pain and suffering, loss of income and medical services. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Collision coverage – This coverage covers damage to your Suburban from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things like crashing into a ditch, driving through your garage door and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to raise the deductible in order to get cheaper collision rates.

Money doesn’t grow on trees

Lower-priced car insurance is possible on the web and from local agencies, and you should compare price quotes from both to have the best selection. Some insurance companies may not offer rate quotes online and many times these smaller providers provide coverage only through independent insurance agencies.

We covered a lot of ways to get a better price on 2003 Chevy Suburban insurance. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting affordable auto insurance. Consumers may even find the best price on car insurance is with some of the smallest insurance companies. They can often insure niche markets at a lower cost as compared to the big name companies such as Geico and State Farm.

Even more information can be found by following these links:

• Side Impact Crash Tests (iihs.org)
• Auto Insurance 101 (About.com)
• Choosing an Insurance Company (Insurance Information Insitute)
• Older Driver Statistics (Insurance Information Insitute)
• Bodily Injury Coverage (Liberty Mutual)
• Comprehensive Coverage (Liberty Mutual)

Enter your zip code below to view companies that have cheap auto insurance rates.

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