Paying for high-priced Chevrolet Suburban 1500 insurance can overdraw your bank account and put a big crunch on your finances. Comparing price quotes is free and is an excellent way to tighten up your finances.
Because there are so many options, it can be diffult for consumers to locate the lowest cost provider.
Texas Car Insurance Comparisons
When shopping for car insurance there are multiple ways to compare rate quotes and find the best price. The easiest way to find the lowest Chevy Suburban 1500 rates involves getting comparison quotes online. This can be done in several different ways.
- The best way consumers can make multiple comparisons is to use a rate comparison form click to view form in new window. This easy form saves time by eliminating repetitive form submissions for each company. Completing one form will get you rate comparisons from all major companies.
- A more time consuming way to get comparison quotes is to manually visit the website for each individual company and request a quote. For sake of this example, let’s assume you want comparison quotes from Progressive, Esurance and Allstate. You would have to visit each site and enter your information, and that’s why the first method is more popular.
For a handy list of car insurance company links in your area, click here.
- The hardest method to compare rates is driving around to local insurance agencies. The internet has reduced the need for local agents unless you want the trained guidance that only a license agent can provide. It is possible to comparison shop your insurance online and get advice from an agent in your area and we’ll cover that in a bit.
It’s your choice how you get your quotes, but ensure you’re using identical quote information on every quote you get. If each company quotes mixed coverages it will be next to impossible to decipher which rate is best. Quoting even small variations in coverages can result in a big premium difference. And when quoting car insurance, remember that comparing more company’s prices provides better odds of finding better pricing.
Policy discounts you shouldn’t miss
Car insurance companies don’t always list all their discounts very clearly, so the following is a list of some of the best known and the harder-to-find ways to save on car insurance.
- Multiple Policy Discount – When you combine your home and auto insurance with one company you may earn up to 20% off your total premium.
- Organization Discounts – Affiliation with certain professional organizations could trigger savings when buying car insurance for Suburban insurance.
- Safe Driver Discount – Drivers who don’t get into accidents may receive a discount up to 45% less for Suburban insurance than drivers with accidents.
- Passive Restraints – Vehicles with factory air bags can receive discounts up to 30%.
- Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
Consumers should know that most discount credits are not given to the entire policy premium. Some only apply to individual premiums such as comp or med pay. So even though it sounds like you could get a free car insurance policy, you won’t be that lucky.
What about using a local agent?
Some people would prefer to buy from a licensed agent and that is OK! One of the best bonuses of comparing rates online is you can get lower rates and still choose a local agent.
For easy comparison, once you complete this form (opens in new window), the coverage information is sent to local insurance agents who will battle for your business. You don’t have to even leave your home because quoted prices will be sent immediately to your email address. How cool is that?! You can find the lowest rates without the usual hassles of price shopping.
Picking a company shouldn’t rely on just the bottom line cost. Any agent should have no problem answering these questions:
- Is their price quote a firm figure or are their hidden costs?
- Does the agency provide any after hours assistance?
- Does the agency support the community they serve?
- How much will you save each year by using a higher deductible?
- What insurance company do they write the most business with?
- Are they able to influence company decisions when a claim is filed?
- How long has their agency been open?
Compare rates from both independent and captive insurance agents
When searching for an insurance agent, there are two different agency structures that differ in how they can insure your vehicles. Insurance agencies in Texas are categorized either independent or captive.
Captive Agents
This type of agents are contracted to one company and examples are State Farm or Allstate. Captives cannot compare other company’s rates so they have to upsell other benefits. Captive agents are trained well on their company’s products which helps them compete with independent agents.
Independent Agents
Independent agents are not required to write business for one company but rather can write business with multiple insurance companies and possibly get better coverage at lower prices. If you are not satisfied with one company, an independent agent can move your coverage and you won’t have to switch agencies.
When searching for an agent, it’s recommended you contact at a minimum one independent agency for the best price selection.
For a complete listing of Texas agents, view this site.
After receiving answers to your satisfaction to your questions as well as a affordable price, you have narrowed it down to an insurance agent that is a good match to properly insure your vehicles.
What is the best insurance coverage?
When it comes to buying proper insurance coverage for your vehicles, there really is no “best” method to buy coverage. Each situation is unique so your insurance should reflect that These are some specific questions can aid in determining whether your personal situation would benefit from professional advice.
- How many claims can I have before being cancelled?
- Is my vehicle covered by my employer’s policy when using it for work?
- Am I covered if I crash into my own garage door?
- Am I covered when driving in Canada or Mexico?
- Should I sign the liability waiver when renting a car?
- Will my rates increase for filing one claim?
- What happens if I owe more than my Chevy Suburban 1500 is worth?
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 agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier
Chevy Suburban 1500 rate determination is complex
Consumers need to have an understanding of some of the elements that go into determining the rates you pay for car insurance. When you know what positively or negatively influences your rates allows you to make educated decisions that could result in lower car insurance prices.
Listed below are a few of the “ingredients” companies use to determine premiums.
- Performance level impacts rates – The performance of the vehicle you own makes a significant difference in the rate you pay. Since the Chevrolet Suburban 1500 falls in the standard SUV class, rates will be slighty more compared to average rates. Low performance passenger vehicles generally have the cheapest insurance rates, but there are many factors that impact the final cost.
- Liability insurance protects assets – Liability insurance is the protection if you are found to be at fault for damages from an accident. Liability provides legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so drivers should carry high limits.
- Traffic violations increase rates – Your driving record has a big impact on rates. Drivers with clean records get better rates than bad drivers. Just one speeding ticket may increase your cost by twenty percent. Drivers who get serious violations like hit and run, DWI or reckless driving convictions may be required to file a SR-22 with their state motor vehicle department in order to continue driving.
- Please use or commuting – The more miles you rack up on your Chevy in a year the more you will pay for car insurance. Most companies rate vehicles based on their usage. Autos that are left in the garage receive lower rates as compared to vehicles used primarily for driving to work. Improper usage on your Suburban 1500 can cost quite a bit. Verify your car insurance policy is showing how each vehicle is driven, because improper ratings can cost you money.
- One company can mean more discounts – Many companies will award you with lower prices to people who carry more than one policy, otherwise known as a multi-policy discount. If you currently are using one company, it’s in your best interest to compare other company rates to verify if the discount is saving money. You may still find better rates by buying car insurance from a different company.
Save $384 a year? Really?
Car insurance companies such as Allstate and Progressive consistently run ads on television and other media. They all seem to say the same thing of big savings if you change your policy. How do they all say the same thing? This is how they do it.
All companies are able to cherry pick for the type of driver they prefer to insure. An example of a driver they prefer could possibly be between 25 and 40, a clean driving record, and has great credit. A propective insured who meets those qualifications receives the best rates and most likely will save a lot of money.
Potential customers who fall outside this ideal profile must pay more money which usually ends up with the customer not buying. The ads say “customers that switch” not “people who quote” save money. This is how insurance companies can state the savings. This illustrates why it’s extremely important to get as many comparisons as possible. It’s not possible to predict which company will give you the biggest savings.
One last thing about your coverage
When trying to cut insurance costs, it’s a bad idea to skimp on critical coverages to save a buck or two. In too many instances, drivers have reduced liability limits or collision coverage only to regret at claim time they didn’t have enough coverage. The ultimate goal is to buy the best coverage you can find at the best price while not skimping on critical coverages.
We just covered many tips how you can lower your Chevy Suburban 1500 insurance rates. It’s most important to understand that the more price quotes you have, the higher your chance of finding lower rates. You may even find the lowest rates come from some of the smallest insurance companies. These companies may only write in your state and offer lower rates than their larger competitors like State Farm or Progressive.
More detailed Texas car insurance information is located at the Texas Department of Insurance website. Texas drivers can view a list of available companies, report car insurance fraud, and find out industry alerts.