Compare 2012 Chevrolet Suburban Insurance Rates

Wish you could get out of an underperforming, overpriced insurance policy? It’s a common feeling and you’re not alone.

Numerous car insurance companies battle to insure your vehicles, and because of this it can be hard to compare auto insurance companies and get the best coverage at the best price available.

It’s smart to compare premium rates once or twice a year because prices change frequently. Just because you found the best rate for Suburban insurance a few years ago you can probably find a lower rate today. There is a lot of bad information regarding insurance online, but I’m going to show you some tested techniques to lower your insurance premiums.

If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these techniques. Finding the best rates is easy if you know what you’re doing. But vehicle owners can benefit by having an understanding of how the larger insurance companies compete online and take advantage of how the system works.

Lower rate quotes with these discounts

Properly insuring your vehicles can get expensive, but you might be missing out on some discounts that can help lower your rates. Some discounts apply automatically at the time you complete a quote, but lesser-known reductions have to be asked for prior to getting the savings.

• Telematics Data Discounts – Drivers who agree to allow driving data collection to study when and where they use their vehicle by using a small device installed in their vehicle like Allstate’s Drivewise might get better premium rates if they exhibit good driving behavior.
• Accident Waiver – Not a discount per se, but companies like Geico and Liberty Mutual allow you one accident without the usual rate increase with the catch being you have to be claim-free prior to the accident.
• Government Employees – Federal government employees may qualify for a discount when you quote insurance for Suburban insurance depending on your company.
• Distant Student – Children who are enrolled in higher education away from home without a vehicle on campus may qualify for this discount.
• Claim Free – Insureds with no claims or accidents pay much less as opposed to insureds who have frequent claims or accidents.
• Passive Restraint Discount – Cars that have air bags may earn rate discounts up to 30%.
• Multi-car Discount – Insuring more than one vehicle with the same company qualifies for this discount.
• Good Student – Being a good student can save 20 to 25%. This discount can apply until age 25.
• Pay Upfront and Save – If you pay your entire premium ahead of time rather than paying monthly you could save 5% or more.
• Online Discount – A few larger online companies will provide an incentive get insurance on the web.

As a sidenote, some credits don’t apply to your bottom line cost. Most cut specific coverage prices like medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, companies wouldn’t make money that way. Any amount of discount should definitely cut the amount you pay for coverage.

Popular car insurance companies and some of the premium reductions they offer can be found below.

• Geico offers premium reductions for military active duty, multi-policy, membership and employees, defensive driver, and seat belt use.
• SAFECO offers discounts for teen safety rewards, homeowner, safe driver, anti-theft, and bundle discounts.
• State Farm discounts include multiple autos, multiple policy, accident-free, student away at school, defensive driving training, good student, and Steer Clear safe driver discount.
• MetLife may include discounts for good student, defensive driver, claim-free, multi-policy, accident-free, good driver
• 21st Century includes discounts for theft prevention, teen driver, student driver, defensive driver, and good student.
• Progressive has savings for online signing, multi-vehicle, multi-policy, good student, and continuous coverage.

Before purchasing a policy, check with all the companies to give you their best rates. Discounts may not apply to policyholders everywhere.

Insurance coverage quotes comparison

To find the best insurance coverage quotes, there are several ways to compare rate quotes from different insurance companies. The recommended way to lower the rate you pay for 2012 Chevy Suburban insurance is to jump online and get quotes. This is quite simple and can be completed in several different ways.

• The most efficient way consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This type of form keeps you from doing repetitive form entry to each individual insurance coverage company. Just one form gets you coverage quotes from many national carriers.
• A more difficult way to find lower rates requires a visit to each company’s website and go through the quote process again. For instance, let’s assume you want to view quotes from Progressive, Farmers and Geico. In order to compare rates, you need to navigate to each company’s site to enter your coverage information, which is why the first method is quicker.

  For a list of companies in your area, click here.

It’s your choice how you get your quotes, but try to keep the same quote data with every price quote. If you have unequal deductibles or liability limits it’s impossible to determine which rate is truly the best. Quoting even small variations in coverages can mean a large discrepancy in price. And when comparing insurance coverage rates, know that more quotes gives you a better chance of getting more affordable rates.

Why you might pay inflated rates

It’s important that you understand some of the things that are used to determine the rates you pay for insurance coverage. When you understand what controls the rates you pay, this allows you to make good choices that may reward you with better insurance coverage rates. Lots of factors are used in the calculation when quoting car insurance. Some are obvious such as traffic violations, although others are not as apparent such as your marital status and annual miles driven.

The itemized list below are just a few of the factors used by your company to calculate your prices.

• Having a spouse brings a discount – Having a wife or husband can get you a discount on insurance coverage. It generally demonstrates drivers are more stable financially it has been statistically shown that married drivers tend to have fewer serious accidents.
• Cheaper premiums using alarm systems – Choosing to buy a car with a theft deterrent system can save you a little every year. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers help track and prevent auto theft.
• Liability insurance is critical – Liability insurance will protect you if ever you are found liable for damages caused by your negligence. Your liability coverage provides you with a defense in court starting from day one. This coverage is very inexpensive compared to comp and collision, so drivers should buy more than the minimum limits required by law.
• High insurance coverage claims frequency drives up prices – Auto insurance companies provide cheaper rates to policyholders who do not rely on their insurance for small claims. If you file a lot of claims you can look forward to either policy cancellation or increased premiums. Your insurance policy is intended for claims that pose a financial burden.
• Traffic violations can increase prices – Getting just one speeding ticket or other violation may cause rates to rise by as much as twenty percent. Attentive drivers pay lower auto insurance prices compared to bad drivers. Drivers who have license-revoking violations like reckless driving or DUI may find that they have to to maintain a SR-22 with their state’s licensing department in order to legally drive.
• Cheaper rates by bundling – Most larger insurance companies apply a discount to insureds who buy several policies from them in the form of a multi-policy discount. The amount of the discounts can be anywhere from five to ten percent in most cases. Even if you qualify for this discount already, consumers should still shop around to ensure the best deal.
• Policy add-ons can waste money – There are quite a few extra bells and whistles that can add up if you aren’t diligent. Insurance for things like roadside assistance, better glass coverage, and motor club memberships may be costing you every month. These coverages may sound good initially, but if they’re wasting money consider taking them off your policy.

Car insurance can be complex

When buying the best car insurance coverage for your personal vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions may help you determine whether your personal situation could use an agent’s help.

• Am I covered by my spouse’s policy after a separation?
• Are my friends covered when driving my 2012 Chevy Suburban?
• Can my teen drive my company car?
• Does coverage extend to Mexico or Canada?
• How much liability do I need to cover my assets?
• Do I have coverage if my license is suspended?
• Am I covered if my car is in a flood?
• Why am I be forced to buy a membership to get insurance from some companies?
• Does coverage extend to a rental car in a foreign country?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of car insurance companies in your area.

Is there deception in advertising?

Insurance companies such as Allstate, Geico and Progressive seem to constantly run ads on TV and radio. They all seem to say the same thing about how much you will save if you just switch your coverage. How can each company sell you cheaper insurance coverage? This is the trick they use.

Many companies have a certain “appetite” for the type of insured that makes them money. For example, this type of insured could possibly be over the age of 45, has other policies, and has excellent credit. A customer that meets those criteria may get the lowest rates and will most likely save some money.

Potential customers who fall outside the ideal profile may be forced to pay higher prices and the customer not purchasing. The ads state “customers that switch” not “everybody who quotes” can save as much as they claim. That’s the way insurance companies can confidently make those statements. Because of these techniques, you really should get as many free insurance quotes as possible. It’s impossible to know with any certainty which company will have the best car insurance rates for your profile.

Specific coverages for a Chevy Suburban

Understanding the coverages of a car insurance policy helps when choosing the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages offered by car insurance companies.

Comprehensive coverages – This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as hail damage, damage from getting keyed and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision – Collision insurance covers damage to your Suburban resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like backing into a parked car, sustaining damage from a pot hole, hitting a parking meter, colliding with another moving vehicle and rolling your car. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also choose a higher deductible to save money on collision insurance.

Uninsured and underinsured coverage – This coverage gives you protection when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance pay for immediate expenses such as nursing services, surgery, doctor visits and ambulance fees. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants as well as any family member struck as a pedestrian. PIP is not available in all states and may carry a deductible

Coverage for liability – This coverage protects you from damage that occurs to a person or their property in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for claims like loss of income, pain and suffering and repair bills for other people’s vehicles. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as large an amount as possible.

Take this to the bank

Some insurance companies may not have price quotes online and most of the time these small, regional companies provide coverage only through independent agents. More affordable insurance coverage is attainable online in addition to local insurance agencies, and you should compare price quotes from both in order to have the best chance of saving money.

When getting insurance quotes online, it’s very important that you do not reduce coverage to reduce premium. There are too many instances where an insured cut uninsured motorist or liability limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to purchase a proper amount of coverage at the best cost but still have enough coverage for asset protection.

Additional information can be found below:

• Learn About Car Insurance (Geico)
• All About Airbag Safety (State Farm)
• Your Car has been Stolen: Now What? (Allstate)
• Car Insurance FAQ (Trusted Choice)
• Vehicle Safety Ratings (iihs.org)