Cheap 1993 Chevrolet Suburban Insurance Rates

Are you overwhelmed by the sheer number of car insurance sources? people have such a vast assortment of sources available that it can easily become a big hassle to locate the lowest rates.

Get lower rates with these auto insurance discounts

Auto insurance companies do not advertise every possible discount very well, so the list below contains a few of the more common and the more hidden discounts you could be receiving when you buy insurance coverage online.

• Braking Control Discount – Vehicles that have anti-lock braking systems are much safer to drive and will save you 10% or more.
• No Charge for an Accident – Not really a discount, but a few companies such as Geico and Liberty Mutual may permit one accident without getting socked with a rate hike if your claims history is clear for a specific time period.
• Pay Early and Save – If you pay your bill all at once rather than spreading payments over time you can avoid the installment charge.
• Save with More Vehicles Insured – Having multiple cars or trucks on a single policy could earn a price break for each car.
• Savings for New Vehicles – Buying a new car instead of a used car may earn a small discount because new vehicles keep occupants safer.
• Life Insurance Discount – Larger companies have a discount if you purchase a life insurance policy as well.
• Active Military Service – Having a deployed family member may lower your prices slightly.
• Home Ownership Discount – Just being a homeowner can help you save on auto insurance because owning a home requires personal responsibility.

You should keep in mind that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to the price of certain insurance coverages like liability and collision coverage. So when it seems like adding up those discounts means a free policy, companies don’t profit that way.

If you would like to choose from a list of insurance companies with discount auto insurance rates, follow this link.

Auto insurance can get complicated

When choosing proper insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is a little different.

For example, these questions might help in determining if you might need an agent’s assistance.

• Why do I only qualify for high-risk insurance?
• Does liability extend to a camper or trailer?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Does my insurance cover my expensive audio equipment?
• When should I not file a claim?
• Am I covered when driving on a suspended license?
• Do I need rental car coverage?
• Am I covered by my spouse’s policy after a separation?
• Is my custom paint covered by insurance?
• How can I find cheaper teen driver insurance?

If you’re not sure about those questions but a few of them apply, you might consider talking to an agent. To find lower rates from a local agent, take a second and complete this form.

The largest companies are not always cheapest

Big name companies like Allstate, Geico and Progressive consistently run ads in print and on television. They all say the same thing about how much you will save if you change your coverage. But how can every company lower your premium rates? Here is how they do it.

Insurance coverage companies can use profiling for the type of driver that makes them money. An example of a profitable risk profile could possibly be over the age of 50, has no driving citations, and has a high credit rating. Any person that fits those parameters may get the lowest prices and will also cut their rates substantially.

Drivers who don’t measure up to these standards will be quoted a higher rate which usually ends up with business not being written. Company advertisements say “people that switch” but not “all drivers who get quotes” save that much. That’s the way companies can truthfully make the claims of big savings. Because each company has a different risk profile, drivers should get insurance coverage quotes from several different companies. Because you never know which company will provide you with the cheapest prices.

Coverages available on your policy

Having a good grasp of your car insurance policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and coverage can change by endorsement.

Comprehensive coverage

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from getting keyed, damage from flooding, a tree branch falling on your vehicle and fire damage. The most you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage protection

Collision coverage will pay to fix damage to your Suburban from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as scraping a guard rail, sustaining damage from a pot hole, backing into a parked car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to bump up the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your 1993 Chevy Suburban.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Auto liability

Liability coverage can cover damages or injuries you inflict on other’s property or people by causing an accident. It protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability insurance covers claims like attorney fees, medical expenses and pain and suffering. How much coverage you buy is up to you, but consider buying higher limits if possible.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP reimburse you for expenses for things like pain medications, chiropractic care, ambulance fees, nursing services and hospital visits. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover you and your occupants as well as any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Quote more, save more

Throughout this article, we presented a lot of tips how to lower your 1993 Chevy Suburban insurance rates. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest rates are with a small mutual company.

Consumers who switch companies do it for a variety of reasons including being labeled a high risk driver, extreme rates for teen drivers, policy cancellation or even an unsatisfactory settlement offer. No matter why you want to switch, choosing a new insurance company is pretty easy and you might even save some money in the process.

While you’re price shopping online, never reduce coverage to reduce premium. There are too many instances where consumers will sacrifice uninsured motorist or liability limits and found out when filing a claim that it was a big error on their part. Your focus should be to purchase plenty of coverage for the lowest cost, not the least amount of coverage.

Helpful information

• How to Avoid Common Accidents (State Farm)
• Vehicle Insurance (Wikipedia)
• Prom Night Tips for Teen Drivers (State Farm)
• Side Impact Crash Tests (iihs.org)