Compare 1997 Chevrolet Suburban Insurance Cost

Finding cheaper auto insurance quotes online can be difficult if you have never used online rate quotes. But relax because finding affordable coverage online is easier than you think.

Take advantage of every car insurance discount

Some providers don’t necessarily list every discount in an easy-to-find place, so we break down some of the more common as well as some of the hidden credits that you can use to lower your rates.

  • Discounts for Government Workers – Being employed by or retired from a federal job can save as much as 8% for Suburban coverage with some car insurance companies.
  • Driver’s Ed – Cut your cost by having your teen driver sucessfully take a drivers education course in school or through a local driver safety program.
  • Smart Student Discounts – Getting good grades could provide a savings of up to 20% or more. Many companies even apply the discount to college students well after school through age 25.
  • Discount for Life Insurance – Companies who offer life insurance give a discount if you purchase life insurance from them.
  • Accident Free – Claim-free drivers have much lower rates compared to insureds who have frequent claims or accidents.
  • Discount for Low Mileage – Low mileage vehicles can qualify you for lower premium rates on the low mileage vehicles.
  • Accident Waiver – Not a discount per se, but a few companies such as Liberty Mutual, Allstate and State Farm permit an accident before raising your premiums with the catch being you have to be claim-free for a certain period of time.
  • Driver Safety – Taking part in a safe driver course could possibly earn you a 5% discount and easily pay for the cost of the class.

We need to note that most of the big mark downs will not be given to the entire policy premium. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

Auto insurance companies that possibly offer these money-saving discounts include:

Check with every insurance company to give you their best rates. Some discounts listed above might not apply in your area. To see insurers with the best discounts, click this link.

Why your insurance costs might be higher

Lots of things are part of the calculation when you get a price on insurance. Some are obvious like a motor vehicle report, but other factors are less obvious like where you live or your commute time.

The factors shown below are a few of the “ingredients” utilized by car insurance companies to help set your prices.

  • Gender and insurance coverage premiums – Statistics show women tend to be less risk to insure than men. It does not mean men are worse drivers. Males and females tend to get into accidents in similar percentages, but guys tend to have more serious accidents. They also receive more major tickets such as DWI and reckless driving.
  • You might get higher prices if you are single – Being married actually saves money on your insurance coverage bill. Marriage is viewed as being more mature and statistics prove married drivers get in fewer accidents.
  • Choose high safety ratings and save – Vehicles with good safety scores are cheaper to insure. Vehicles built for safety protect occupants better and any reduction in injury severity translates directly to fewer claims and lower rates for you. If the Chevy Suburban has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may pay a lower rate.
  • Bad drivers pay high premiums – Drivers with clean records receive lower rates than people who have multiple driving citations. Just one speeding ticket can boost insurance rates forty percent or more. Drivers who have received careless violations like DUI, reckless driving or excessive speeding are required to file a SR-22 to the state department of motor vehicles in order to prevent a license revocation.
  • Liability insurance limits should be high – Liability insurance will protect you if ever you are found to be at fault for damages caused by your negligence. This coverage provides legal defense coverage up to the limits shown on your policy. Liability is cheap as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.

How to know if you need help

When buying proper insurance coverage, there is no single plan that fits everyone. Everyone’s situation is unique.

Here are some questions about coverages that might help in determining whether you would benefit from professional advice.

  • What should my uninsured motorist coverage limits be in my state?
  • Do I need medical payments coverage since I have good health insurance?
  • What can I do if my company denied a claim?
  • Should I drop comprehensive coverage on older vehicles?
  • Where can I find high-risk insurance?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Am I covered if I wreck a rental car?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • How much liability do I need to cover my assets?
  • What is PIP insurance?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Are insurance coverage companies telling the truth?

Popular insurance coverage providers such as Progressive, Allstate and Geico consistently run ads on television and other media. All the companies tend to make the same promise about how much you will save if you get a free auto insurance quote and switch to them. How can each company charge you a lower premium? It’s all in the words they use.

Insurance companies have a certain “appetite” for the driver that will add to their bottom line. A good example of a preferred risk might have to be a married female, has few claims, and drives a vehicle with a low ISO rating. Someone that meets those criteria will get very good rates as well as save if they switch.

People who do not fit this ideal profile may be required to pay higher premiums which leads to business going elsewhere. The ads say “people who switch” not “everyone who quotes” save that much. That’s the way insurance companies can confidently make those claims.

Because of this risk profiling, you absolutely need to compare many company’s premium rates. It’s not possible to predict which company will be your best fit.

Insurance specifics

Understanding the coverages of insurance can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be confusing and coverage can change by endorsement.

Collision protection

Collision coverage pays for damage to your Suburban caused by collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as sideswiping another vehicle, driving through your garage door and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Comprehensive insurance

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

Comprehensive can pay for claims such as damage from a tornado or hurricane, falling objects, damage from flooding and vandalism. The most your insurance company will pay 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.

Auto liability insurance

This coverage protects you from damage that occurs to a person or their property in an accident. It protects YOU against claims from other people. It does not cover 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. As an example, you may have values of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things like emergency aid, structural damage and medical services. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your 1997 Chevy Suburban.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for bills like dental work, rehabilitation expenses, pain medications and prosthetic devices. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Save your hard earned cash

Budget-conscious 1997 Chevy Suburban insurance can be bought from both online companies and from local insurance agents, so you need to shop auto insurance with both in order to have the best chance of saving money. Some insurance providers may not provide online quoting and usually these smaller companies only sell coverage through independent insurance agencies.

As you prepare to switch companies, it’s very important that you do not skimp on critical coverages to save a buck or two. There are many occasions where someone dropped comprehensive coverage or liability limits and found out when filing a claim they didn’t purchase enough coverage. Your goal should be to purchase a proper amount of coverage at the lowest possible cost.

We covered many tips how you can compare 1997 Chevy Suburban insurance premium rates online. The most important thing to understand is the more price quotes you have, the better your chances of lowering your prices. You may be surprised to find that the most savings is with some of the lesser-known companies.

Even more information can be found by following these links: