2003 Chevrolet Suburban Insurance Rates – 7 Ways to Save

Nobody enjoys paying for car insurance, in particular when their premiums are too high. Drivers have so many auto insurance companies to choose from, and even though it’s nice to have a choice, it makes it harder to compare rates and cut insurance costs.

How much can you save with these seven discounts?

Insurance can cost an arm and a leg, but you may find discounts to help offset the cost. A few discounts will automatically apply when you quote, but less common discounts must be specifically requested before you get the savings. If you don’t get every credit you qualify for, you’re paying more than you need to.

  • 55 and Retired – Mature drivers may be able to get a small decrease in premiums on Suburban coverage.
  • No Charge for an Accident – A few companies allow you one accident before your rates go up if your claims history is clear for a certain period of time.
  • Paperwork-free – A few companies will give a small break just for signing your application digitally online.
  • Government Employees – Employees or retirees of the government can save as much as 8% on Suburban coverage depending on your company.
  • Club Memberships – Participating in a civic or occupational organization is a good way to get lower rates when buying car insurance on Suburban coverage.
  • Seat Belts Save – Buckling up and requiring all passengers to use their safety belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Safe Driver Discount – Drivers who don’t get into accidents may receive a discount up to 45% less on Suburban coverage than drivers with accident claims.

A little note about advertised discounts, most credits do not apply the the whole policy. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like all the discounts add up to a free policy, car insurance companies aren’t that generous. But all discounts will reduce your overall premium however.

For a list of insurance companies with the best car insurance discounts, follow this link.

How to Compare Insurance Costs

Most major insurance companies provide coverage price quotes online. This process is quite easy as you just enter the coverages you want as detailed in the form. Upon sending the form, the company’s rating system will order information on your driving record and credit history and quotes a price determined by many factors. Quoting online simplifies rate comparisons, but the process of having to visit each company’s website and repetitively type in the same information gets old quite quickly. But it’s absolutely necessary to have as many quotes as possible in order to get the lowest insurance rates.

An easier way to get multiple rate quotes makes use of a single form to obtain quotes from many companies. It saves time, reduces the work, and makes online price comparison much easier to do. After your information is entered, it is quoted with multiple companies and you can pick any or none of the resulting price quotes.

If a lower price is quoted, you simply finish the application and buy the policy. It takes 15 minutes at the most and may result in a nice savings.

To find out how much you can save on insurance, click here and submit your coverage information. If you have your current policy handy, we recommend you enter deductibles and limits identical to your current policy. This makes sure you will get rate comparison quotes using the exact same coverages.

How much car insurance do I need?

When it comes to choosing coverage for your personal vehicles, there really is not a “best” method to buy coverage. Every situation is different so this has to be addressed. For example, these questions might point out whether your personal situation may require specific advice.

  • Can I make deliveries for my home business?
  • Does car insurance cover theft of personal property?
  • Exactly who is provided coverage by my policy?
  • Do I need special endorsements for business use of my vehicle?
  • Should I have combined single limit or split liability limits?
  • Do I need rental car coverage?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It only takes a few minutes and may give you better protection.

Insurance coverages explained

Knowing the specifics of a insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Insurance terms can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverages available from insurance companies.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for rehabilitation expenses, doctor visits, prosthetic devices, surgery and EMT expenses. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay

Collision coverage – This coverage covers damage to your Suburban resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for things like sustaining damage from a pot hole, backing into a parked car, scraping a guard rail, hitting a mailbox and rolling your car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Chevy Suburban.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive coverages – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as damage from getting keyed, hitting a bird and vandalism. The maximum amount a 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 insurance – Liability coverage will cover damage or injury you incur to other’s property or people by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like medical services, structural damage and attorney fees. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Save your hard earned cash

Budget-conscious 2003 Chevy Suburban insurance can be purchased online and also from your neighborhood agents, and you need to comparison shop both to get a complete price analysis. Some insurance providers may not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

We just presented a lot of ways to shop for insurance online. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding lower rates. You may even find the best price on car insurance is with some of the lesser-known companies. They can often insure niche markets at a lower cost than the large multi-state companies such as Allstate, Geico and Progressive.

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