Compare 2014 Chevrolet Suburban Insurance Cost

Trying to find lower insurance rates for your Chevrolet Suburban? Are you a victim of overpriced insurance? Believe me, you are not the only one feeling buyer’s remorse. Because there are so many companies and agents to choose from, it can be diffult for consumers to find the best insurer.

Discounts mean cheaper Chevy Suburban insurance rates

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that you may not know about. Some trigger automatically when you get a quote, but some may not be applied and must be specifically requested before being credited. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • College Student – Children living away from home attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Discount for Life Insurance – Select insurance companies reward you with lower rates if you buy life insurance from them.
  • Defensive Driver – Successfully completing a course in driver safety could save 5% or more and easily recoup the cost of the course.
  • Passive Restraints – Cars that have air bags or automatic seat belts can qualify for discounts of more than 20%.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control are safer to drive and qualify for as much as a 10% discount.
  • Own a Home – Being a homeowner may trigger a insurance coverage policy discount because owning a home shows financial diligence.

Consumers should know that most discount credits are not given to the entire cost. Some only apply to individual premiums such as medical payments or collision. Even though it may seem like all those discounts means the company will pay you, companies don’t profit that way. Any amount of discount will help reduce the amount you have to pay.

To see a list of insurers who offer insurance coverage discounts, click here to view.

Low Cost Insurance

Getting better 2014 Chevy Suburban insurance pricing is not rocket science. All you need to do is take time comparing rate quotes online from several insurance companies. This can be done in a couple of different ways.

  1. One of the simplest ways to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This method keeps you from doing repetitive form submissions for each company you want a rate for. One form will return price quotes direct from many companies.
  2. A harder way to shop for insurance online requires visiting the website of each company and fill out their own quote form. For example, let’s say you want comparison quotes from Liberty Mutual, Progressive and State Farm. To find out each rate you need to spend time on each company’s site to enter your coverage information, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.
  3. The hardest way of comparing rate quotes is to waste gas driving to insurance agents’ offices. The ability to buy insurance online has reduced the need for local agents unless you want the trained guidance that only a license agent can provide. Drivers can get prices online and get advice from an agent in your area and you’ll learn how to do that later.

It doesn’t matter which method you choose, just double check that you are using identical deductibles and coverage limits for each price quote. If you have different liability limits it will be impossible to make a fair comparison for your Chevy Suburban.

Chevy Suburban insurance rates consist of many parts

It’s important that you understand the factors that go into determining your insurance rates. Knowing what controls the rates you pay allows you to make educated decisions that may reward you with lower insurance prices.

  • Do you need those extra coverages? – There are a lot of additional coverages that can waste your money when buying insurance. Insurance for roadside assistance, accident forgiveness and additional equipment coverage may be wasting your money. They may seem good when talking to your agent, but now you might not need them so eliminate the coverages to reduce your premium.
  • Sex matters – The statistics show that women are safer drivers than men. However, don’t assume that men are worse drivers. Women and men tend to get into accidents at a similar rate, but men cause more damage and cost insurance companies more money. Men also get more serious tickets like DUI and reckless driving.
  • Never go without insurance – Driving without insurance is against the law and insurance companies will penalize you for letting your coverage lapse. And not only will insurance be more expensive, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license.You may need to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Too many insurance claims drive up costs – Auto insurance companies generally give better rates to drivers who do not rely on their insurance for small claims. If you frequently file small claims, you can look forward to either higher rates or even cancellation. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Pay less if you’re married – Having a wife or husband can actually save you money on your insurance policy. Having a spouse usually means you are more mature and statistics show married couples file fewer claims.
  • Bump up deductibles to save – The deductibles represent how much money you are required to spend out-of-pocket in the event of a claim. Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some instances where coverage would apply would be colliding with a building, vandalism, or theft. The more expense you are required to pay out-of-pocket, the less your insurance will be for Suburban coverage.
  • Where do you drive? – The higher the mileage driven each year the higher your rates will be. Almost all companies charge to insure your cars based upon how you use the vehicle. Cars used primarily for pleasure use get more affordable rates compared to those used for work or business. If your policy improperly rates your Suburban may be wasting your money. Double check that your insurance declarations sheet properly reflects the correct usage for each vehicle.

Tailor your coverage to you

When buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that might help in determining whether your personal situation will benefit from professional help.

  • How much liability do I need to cover my assets?
  • Are rock chip repairs covered?
  • What is UM/UIM insurance?
  • Is a new car covered when I drive it off the dealer lot?
  • Does my 2014 Chevy Suburban need full coverage?
  • Can I still get insurance after a DUI?
  • Should I buy additional glass protection?
  • Is my camper covered by my car insurance policy?
  • Is business equipment covered while in my vehicle?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Specific coverage details

Knowing the specifics of your car insurance policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverages found on the average car insurance policy.

Liability car insurance

Liability coverage will cover damage or injury you incur to other’s property or people that is your fault. It protects you from claims by other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like repair bills for other people’s vehicles, legal defense fees and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Comprehensive protection

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like rock chips in glass, falling objects, hail damage and a broken windshield. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto collision coverage

This will pay to fix damage to your Suburban from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as colliding with another moving vehicle, crashing into a building, driving through your garage door and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2014 Chevy Suburban.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for EMT expenses, X-ray expenses, surgery, funeral costs and dental work. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Stretch your dollar

As you go through the steps to switch your coverage, make sure you don’t buy poor coverage just to save money. Too many times, someone dropped liability coverage limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

In this article, we presented a lot of information how to reduce 2014 Chevy Suburban insurance prices online. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. Consumers may even find the lowest rates come from a small local company. Some small companies may only write in your state and offer lower rates as compared to the big name companies such as Allstate and Progressive.

Lower-priced insurance is available from both online companies in addition to many insurance agents, so compare prices from both to have the best rate selection. There are still a few companies who do not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.

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