1997 Chevrolet Tahoe Insurance Rates

If you are a novice to online auto insurance shopping, there’s a good chance you are bewildered thanks to the incredible selection of companies all promising to save you money.

It is always a good idea to shop coverage around occasionally because prices are rarely the same from one policy term to another. Despite the fact that you may have had the lowest rate on Tahoe coverage a couple years back you may be paying too much now. There is lot of inaccurate information about auto insurance on the internet, but I’m going to show you some proven techniques to save money.

Save money with these discounts

Companies don’t always advertise their entire list of discounts very clearly, so here is a list both the well known and also the lesser-known car insurance savings.

  • Professional Organizations – Having an affiliation with a qualifying organization could trigger savings on your next car insurance statement.
  • One Accident Forgiven – Not necessarily a discount, but companies like Allstate and Geico allow you one accident before your rates go up with the catch being you have to be claim-free for a certain period of time.
  • Discount for Passive Restraints – Factory options such as air bags can get savings of 20% or more.
  • Senior Discount – Seniors may receive a discount up to 10% on Tahoe coverage.
  • Discounts for Cautious Drivers – Insureds who avoid accidents can save up to 40% or more on their insurance quote on Tahoe coverage than less cautious drivers.
  • Low Miles Discount – Keeping the miles down on your Chevy may enable drivers to earn better car insurancerates on cars that stay parked.
  • Smart Student Discounts – Getting good grades can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.

One last thing about discounts, most discount credits are not given the the whole policy. Most only apply to the cost of specific coverages such as liability, collision or medical payments. Even though the math looks like all those discounts means the company will pay you, you’re out of luck. Any amount of discount should definitely cut the amount you pay for coverage.

Auto insurance companies who may offer these discounts include:

Before purchasing a policy, check with every company to give you their best rates. Depending on the company, some discounts might not be offered on policies in your area. If you would like to view insurers with significant discounts, click here to view.

Components of your Chevy Tahoe insurance costs

Consumers need to have an understanding of some of the elements that go into determining your policy premiums. When you understand what determines base rates, this helps enable you to make changes that could result in much lower annual insurance costs. Multiple criteria are used in the calculation when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but other criteria are more obscure like your continuous coverage or how safe your car is.

  • Insurance prices and driver gender – Statistics have proven women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. They both have at-fault accidents in similar percentages, but males tend to have higher claims. They also receive more costly citations like reckless driving and DUI. Youthful male drivers tend to get in the most accidents and thus pay the highest rates.
  • Marriage discount – Being married may earn you lower rates on your auto insurance policy. Marriage demonstrates that you tend to be less irresponsible and statistics prove drivers who are married are more cautious.
  • Youthful drivers pay more – More experienced drivers are viewed as being more responsible, are lower risk to insure , and usually have better credit.Inexperience drivers are statistically shown to be easily distracted in a vehicle therefore auto insurance rates are much higher.
  • Never have auto insurance lapses – Driving with no insurance can get your license suspended and you will pay a penalty because you let your coverage cancel without a new policy in place. Not only will you pay more, not being able to provide proof of insurance could result in a revoked license or a big fine.
  • Accidents cost more than a fine – Being a careful driver impacts your car insurance rates tremendously. Even a single speeding ticket can increase the cost of insurance to the point where it’s not affordable. Attentive drivers get better rates as compared to those with violations. Drivers who have gotten license-revoking violations such as hit and run, DWI or reckless driving convictions may face state-mandated requirements to submit a SR-22 form with their state in order to drive a vehicle legally.
  • Low coverage deductibles can be expensive – Comp and collision deductibles define how much you are willing to pay before your auto insurance pays a claim. Insurance for physical damage, also called ‘full coverage’, insures against damage to your car. Examples of some claims that would be covered are collision with another vehicle, damage from fire, and damage from wind. The larger the amount the insured has to pay upfront, the lower your rates will be on Tahoe coverage.

Auto insurance can be complex

When it comes to choosing coverage, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For instance, these questions can help discover whether your personal situation will benefit from professional help.

  • Is my camper covered by my car insurance policy?
  • Is a blown tire covered by insurance?
  • Does coverage extend to my business vehicle?
  • Which companies will insure high-risk drivers?
  • When can I cancel my policy?
  • How do I insure my teen driver?
  • Does my insurance cover damage caused when ticketed for reckless driving?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form.

Don’t believe everything you hear

Well-known insurance companies like Progressive, Allstate and Geico seem to constantly run ads in print and on television. They all seem to say the same thing of big savings if you get a free insurance quote and switch your insurance coverage to their company. Is it even possible that every company can cost less than your current company? You have to listen carefully.

Many companies quote their cheapest rates for the type of driver that will add to their bottom line. An example of a driver they prefer might have to be between the ages of 30 and 50, has never had a claim, and drives less than 7,500 miles a year. Any customer who matches that profile may get the lowest prices and have a good chance to cut their rates substantially.

Potential customers who don’t meet those criteria may be forced to pay higher premiums which translates to the customer buying from a different company. Company advertisements say “drivers that switch” not “everyone who quotes” save that kind of money. That’s why companies can make those statements.

Because of the profiling, you absolutely need to compare quotes as often as possible. It is just not possible to predict which company will have the lowest premium rates for your situation.

What car insurance coverages do you need?

Understanding the coverages of a car insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Collision protection

Collision coverage pays to fix your vehicle from damage caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as sustaining damage from a pot hole, hitting a mailbox, crashing into a building and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to raise the deductible to bring the cost down.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for short-term medical expenses like chiropractic care, surgery, hospital visits and doctor visits. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto liability insurance

Liability coverage can cover injuries or damage you cause to other people or property by causing an accident. It protects YOU against other people’s claims, and does not provide coverage for 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. As an example, you may have policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things such as structural damage, attorney fees and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

Uninsured and underinsured coverage

This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and damage to your 1997 Chevy Tahoe.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Usually the UM/UIM limits are set the same as your liablity limits.

Comprehensive coverages

This pays for damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like a tree branch falling on your vehicle, vandalism, damage from flooding and falling objects. 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 not worth carrying full coverage.

What is YOUR best insurance company?

Drivers leave their current company for a number of reasons such as extreme rates for teen drivers, high prices, policy non-renewal and even an unsatisfactory settlement offer. Whatever your reason, finding a great new company can be pretty painless.

As you prepare to switch companies, do not buy poor coverage just to save money. There are too many instances where an accident victim reduced liability coverage limits only to regret at claim time that the savings was not a smart move. The goal is to get the best coverage possible at the best cost but still have enough coverage for asset protection.

In this article, we presented some good ideas how to reduce 1997 Chevy Tahoe insurance premium rates online. The most important thing to understand is the more quotes you get, the better your chances of lowering your prices. Consumers may even find the most savings is with a lesser-known regional company.

Additional insurance coverage information can be found below: