1998 GMC Suburban Insurance Cost

Trying to find the cheapest auto insurance rates for your GMC Suburban? Comparison shopping for auto insurance is always difficult for beginners to shopping for insurance online. There are so many options available that it can quickly become a big hassle to find lower rates.

It’s a good habit to check auto insurance prices yearly because prices are constantly changing. Just because you found the best price on Suburban insurance last year the chances are good that you can find a lower rate today. Ignore everything you know about auto insurance because you’re about to find out the things you must know in order to lower your rates without sacrificing coverage.

Complexity of GMC Suburban insurance rates

An important part of buying insurance is that you know the rating factors that help determine your auto insurance rates. Knowing what determines base rates empowers consumers to make smart changes that will entitle you to big savings.

  • Do you know your deductibles? – Your deductibles define the amount you are required to spend out-of-pocket before a claim is paid by your company. Physical damage coverage, also known as collision and other-than-collision, insures against damage to your car. Examples of covered claims are running into the backend of another car, vandalism, and rolling your vehicle. The more money you’re willing to pay, the lower your rates will be on Suburban insurance.
  • Older drivers save more – Young drivers are statistically proven to get distracted easily behind the wheel so auto insurance rates are higher. Adding a teen driver to your auto insurance policy can really hurt. Older drivers are more responsible, tend to cause fewer accidents and tend to be better behind the wheel.
  • Never go without insurance – Letting your insurance expire will be a guaranteed way to increase your auto insurance rates. Not only will rates go up, but being ticketed for driving with no insurance will get you a revoked license or a big fine.Then you may be required to submit proof of financial responsibility or a SR-22 with your state DMV.
  • How credit affects auto insurance rates – Your credit score is a huge factor in determining what you pay for auto insurance. If your credit score is lower than you’d like, you could be paying less to insure your 1998 GMC Suburban by improving your rating. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with poor credit.
  • Do you need the policy add-ons? – There are a ton of additional coverages that you can get tricked into buying on your auto insurance policy. Things like rental car reimbursement, accidental death and motor club memberships may be costing you every month. They may seem like a good idea when you first buy your policy, but if you don’t need them remove them from your policy.
  • Special features that cut premiums – Choosing a vehicle that has an advanced theft prevention system can help lower your rates. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart car theft.
  • High numbers of claims are not good – If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Insurance companies generally give better rates to people who do not file claims often. Car insurance is meant to be used in the event of the large, substantial claims.

Get lower rates on 1998 GMC Suburban insurance

Companies offering auto insurance don’t always publicize every discount in an easy-to-find place, so we break down both well-publicized and the harder-to-find ways to save on insurance coverage.

  • Sign Online – A handful of insurance companies will give a small break simply for signing over the internet.
  • Use Seat Belts – Requiring all passengers to wear their seat belts could cut 10% or more off your PIP or medical payments premium.
  • Safe Drivers – Drivers who don’t get into accidents may save up to 50% more on Suburban insurance than less cautious drivers.
  • Military Discounts – Having a deployed family member may qualify for rate reductions.
  • Low Mileage – Keeping the miles down on your GMC can qualify you for a substantially lower rate.
  • Club Memberships – Being a member of a professional or civic organization is a good way to get lower rates on your policy on Suburban insurance.
  • Defensive Driver – Completing a defensive driving course could cut 5% off your bill if you qualify.
  • Good Students Pay Less – This discount can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Multiple Cars – Buying coverage for all your vehicles on one policy can get a discount on all vehicles.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and earn discounts up to 10%.

Keep in mind that some credits don’t apply to the overall cost of the policy. Most only reduce individual premiums such as collision or personal injury protection. So when the math indicates you can get free auto insurance, companies wouldn’t make money that way.

For a list of companies with discount insurance coverage rates, click here.

Tailor your coverage to you

When buying proper insurance coverage, there is no “best” method to buy coverage. Every insured’s situation is different.

For instance, these questions might point out if you could use an agent’s help.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is my dog or cat covered if injured in an accident?
  • Does liability extend to a camper or trailer?
  • Are my friends covered when driving my 1998 GMC Suburban?
  • Should I sign the liability waiver when renting a car?
  • Are all vehicle passengers covered by medical payments coverage?
  • Am I covered if my car is in a flood?
  • Is pleasure use cheaper than using my 1998 GMC Suburban to commute?
  • Can I drive in Mexico and have coverage?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

Auto insurance coverage information

Knowing the specifics of car insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Collision insurance

This coverage covers damage to your Suburban resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like damaging your car on a curb, backing into a parked car, colliding with a tree and crashing into a building. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your GMC Suburban.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Comprehensive protection

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as a broken windshield, fire damage, theft, hitting a bird and damage from a tornado or hurricane. The highest amount a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability car insurance

Liability insurance provides protection from damage that occurs to people or other property by causing an accident. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability insurance covers things like bail bonds, legal defense fees and medical expenses. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as rehabilitation expenses, doctor visits and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Don’t break the bank

Consumers leave their current company for a number of reasons such as delays in responding to claim requests, extreme rates for teen drivers, poor customer service or denial of a claim. Regardless of your reason for switching companies, switching companies is actually quite simple.

As you shop your coverage around, you should never skimp on critical coverages to save a buck or two. There are a lot of situations where someone sacrificed collision coverage only to regret they didn’t have enough coverage. Your aim should be to get the best coverage possible at the best price, not the least amount of coverage.

In this article, we covered a lot of tips how to get a better price on 1998 GMC Suburban insurance. It’s most important to understand that the more providers you compare, the higher your chance of finding lower rates. You may even discover the most savings is with a smaller regional carrier.

Much more information about car insurance can be found at these links: