Lower Your 1993 Chevrolet Suburban Car Insurance Cost

No one in their right mind is fond of buying insurance coverage, especially when they know they could find better prices if they shop around.

Popular companies such as Geico, Progressive and Allstate constantly blast consumers with TV and radio ads and consumers find it hard to ignore the promise of big savings and do the work needed to find the best deal.

Shop car insurance online

Comparing car insurance rates is a ton of work if you aren’t aware of the easiest way. You can waste hours discussing policy coverages with local insurance agents in your area, or you can utilize the web for quick rates.

Many of the larger companies take part in a program where prospective buyers only type in their quote data once, and each company then returns a price quote based on that data. This eliminates the need for quotation requests for each company.

To compare pricing click here (opens in new window).

The single downside to doing it this way is buyers cannot specifically choose which carriers you want pricing from. If you wish to select specific providers to compare rates, we have assembled a list of low cost car insurance companies in your area. Click to view list.

It’s up to you which method you use, but try to keep apples-to-apples coverage limits and deductibles on every quote. If you compare higher or lower deductibles it will be next to impossible to make a fair comparison for your Chevy Suburban. Just slight variations in limits could throw off the whole comparison. Just keep in mind that comparing a large number of companies increases the change that you will find a lower rate. Some companies don’t provide online price quotes, so you need to compare rates from those companies as well.

Car insurance in the media

Car insurance providers like State Farm and Allstate constantly bombard you with television and radio advertisements. They all seem to state the claim that drivers will save a bundle if you change your car insurance coverage to their company. How is it plausible that every one can give you a lower rate? Here is how they do it.

Many companies look for specific characteristics for the right customer they prefer to insure. A good example of this type of driver could possibly be a mature driver, carries high limits, and has excellent credit. A driver who matches that profile will get low auto insurance rates as well as save when they switch companies.

Potential customers who don’t measure up to these criteria may be forced to pay more expensive rates and this results in the prospect going elsewhere. If you listen closely, the ads state “customers who switch” not “everybody who quotes” save that much money. That’s why insurance companies can confidently claim big savings.

This illustrates why you really should compare quotes as often as possible. Because without a comparison, you cannot know which company will provide the lowest premium rates.

Lower the price of car insurance with these tips

The best way to find cheaper car insurance is to take a look at the rating factors that help determine the rates you pay for car insurance. When you understand what controls the rates you pay, this enables you to make decisions that could help you find much lower annual insurance costs. Lots of things are part of the calculation when you get a price on insurance. Some factors are common sense such as your driving record, although some other factors are not quite as obvious such as your credit history and annual miles driven.

  • Prices impacted by vehicle usage – The more you drive each year the higher your rates will be. Most insurance companies price each vehicle’s coverage partially by how you use the vehicle. Autos that do not get driven very much receive better premium rates than vehicles that have high annual mileage. Ask your agent if your car insurance coverage reflects how each vehicle is driven, because it can save money. Improper usage on your Suburban may be costing you higher rates.
  • If you don’t need it don’t buy it – There are many extra bells and whistles that you can buy on your 1993 Suburban policy. Coverages for roadside assistance, accidental death, and Farm Bureau memberships may be wasting your money. These may sound like a good investment when deciding what coverages you need, but if you don’t need them remove them from your policy.
  • Rates can drop if you have more than one policy – Most insurance companies afford better rates to buyers who carry more than one policy, otherwise known as a multi-policy discount. The amount of the discounts can be as much as ten percent or more Even if you’re getting this discount consumers should still compare other insurance prices to help ensure you have the lowest rates.
  • Claim-free discounts can add up – If you frequently file small claims, you can pretty much guarantee higher premiums or even policy non-renewal. Companies generally give cheaper rates to drivers who file claims infrequently. Auto insurance is meant to be used in the event of major claims that would cause financial hardship.

Cut your auto insurance rates with discounts

Auto insurance is easily one of your largest bills, but you might be missing out on some discounts that could drop your premiums quite a bit. Some trigger automatically when you purchase, but once in a while a discount must be manually applied in order for you to get them.

  • No Charge for an Accident – This one isn’t a discount, but some insurance companies may permit one accident before your rates go up so long as you are claim-free before the accident.
  • Discount for Life Insurance – Larger insurance companies have a break if you buy auto and life insurance together.
  • No Claims – Insureds who avoid accidents and claims pay less when compared with policyholders that have many claims.
  • Discount for Low Mileage – Driving fewer miles may allow you to get cheaper premium rates.
  • Pay Early and Save – If you can afford to pay the entire bill instead of monthly or quarterly installments you could save 5% or more.
  • Club Memberships – Affiliation with a professional or civic organization could qualify you for a break on your next auto insurance statement.
  • Discounts for New Vehicles – Insuring a new car may earn a small discount since new vehicles are generally safer.
  • Student Discount for Driver Training – Cut your cost by having your teen driver enroll and complete driver’s education if offered at their school.
  • Discounts for Responsible Drivers – Safe drivers may save up to 50% more for Suburban coverage compared to accident prone drivers.
  • Mature Driver Discount – Older drivers can possibly qualify for a slight reduction on a car insurance quote for Suburban coverage.

Policy discounts save money, but some credits don’t apply to your bottom line cost. The majority will only reduce specific coverage prices like liability and collision coverage. Just because you may think all those discounts means the company will pay you, it doesn’t quite work that way. Any qualifying discounts should help lower the cost of coverage.

To locate insurers that provide some of the discounts listed above, follow this link.

You are unique and your car insurance should be too

When choosing coverage for your personal vehicles, there is no “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. For example, these questions could help you determine whether you will benefit from professional help.

  • What is high-risk coverage and where do I buy it?
  • Should I drop comprehensive coverage on older vehicles?
  • Is other people’s property covered if stolen from my vehicle?
  • Are there companies who specialize in insuring high-risk drivers?
  • What is the minimum liability in my state?
  • What is no-fault insurance?
  • When should I buy a commercial auto policy?
  • How can I get high-risk coverage after a DUI?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Coverage specifics

Understanding the coverages of auto insurance helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages found on the average auto insurance policy.

Comprehensive insurance

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as a broken windshield, hail damage, damage from getting keyed, hitting a bird and damage from flooding. The highest amount a auto 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 not worth carrying full coverage.

Liability coverages

Liability insurance protects you from damages or injuries you inflict on other people or property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Another option is a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers things such as structural damage, court costs, repair bills for other people’s vehicles, medical services and attorney fees. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Collision insurance

Collision insurance pays to fix your vehicle from damage resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as hitting a mailbox, colliding with a tree and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as damage to your Chevy Suburban.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these limits are similar to your liability insurance amounts.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for bills for X-ray expenses, nursing services, chiropractic care and ambulance fees. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Save your cold hard cash

Discount 1993 Chevy Suburban insurance can be found on the web and also from your neighborhood agents, and you should compare rates from both in order to have the best chance of saving money. Some companies do not offer internet price quotes and many times these smaller providers prefer to sell through independent agents.

As you prepare to switch companies, never skimp on coverage in order to save money. Too many times, someone sacrificed physical damage coverage and discovered at claim time that they should have had better coverage. Your goal should be to get the best coverage possible at the best price, but do not sacrifice coverage to save money.

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