Shoppers have options when shopping for low-cost Chevy Suburban 2500 insurance. They can either waste time driving around to get rate comparisons or leverage the internet to compare rates.
There are more efficient ways to find car insurance online and we’ll show you the absolute fastest way to get price quotes on a Chevy and get the best price possible from both online companies and local agents.
Lower rates by qualifying for these eight discounts
Car insurance companies do not list all available discounts very well, so the following is a list of both the well known and the more hidden credits that you can use to lower your rates. If they aren’t giving you every credit you qualify for, you are throwing money away.
- Discount for Life Insurance – If the company offers life insurance, you could get a small discount if you purchase life insurance.
- Homeowners Savings – Being a homeowner can help you save on car insurance because it is proof that your finances are in order.
- Passenger Safety Discount – Vehicles equipped with air bags or automatic seat belts may get savings as much as 30%.
- Good Grades Discount – Performing well in school can save 20 to 25%. You can use this discount normally well after school through age 25.
- Senior Discount – Drivers that qualify as senior citizens are able to get a slight reduction on a for Suburban insurance.
- Use Seat Belts – Requiring all passengers to buckle up before driving can save 10% or more off the PIP or medical payment premium.
- Defensive Driver Discounts – Completing a course that instructs on driving safety could save 5% or more if you qualify.
- Switch and Save Discount – Select insurance companies give a discount for signing up prior to your current policy expiration. The savings is around 10%.
Don’t be shocked that most discount credits are not given to the entire cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. Even though it may seem like all the discounts add up to a free policy, you’re out of luck.
A few popular companies and their offered discounts can be read below.
- Mercury Insurance has savings for low natural disaster claims, age of vehicle, type of vehicle, annual mileage, multi-car, and accident-free.
- Farmers Insurance may include discounts for mature driver, good student, switch companies, pay in full, and distant student.
- Farm Bureau includes discounts for renewal discount, 55 and retired, safe driver, driver training, multi-vehicle, good student, and multi-policy.
- State Farm may have discounts that include Steer Clear safe driver discount, multiple autos, defensive driving training, Drive Safe & Save, and multiple policy.
- Allstate has discounts for new car, safe driver, good student, good payer, economy car, resident student, and farm vehicle.
- GEICO may offer discounts for membership and employees, driver training, good student, emergency military deployment, multi-vehicle, multi-policy, and military active duty.
When getting a coverage quote, ask every insurance company which discounts they offer. Savings might not be available to policyholders in your area. To see a list of providers who offer online car insurance quotes, click here.
Neighborhood agents and car insurance
A lot of people would prefer to sit down with an agent and doing so can bring peace of mind One of the benefits of comparing rates online is the fact that drivers can get cheap rate quotes and still choose a local agent. And supporting local insurance agents is important especially in small towns and cities.
By using this simple form, your insurance data is sent to local insurance agents who will gladly provide quotes for your insurance coverage. You never need to leave your computer as quotes are delivered directly to you. You can most likely find cheaper rates without having to waste a lot of time. If you have a need to get a comparison quote for a specific company, don’t hesitate to jump over to their website and complete a quote there.
Different types of auto insurance agents
If you are wanting to find local agents, there are two different types of agents and how they function. Agencies can either be independent agents or captive agents depending on their employer.
Independent Agents
Agents in the independent channel are normally appointed by many insurers so as a result can place your coverage through many companies enabling the ability to shop coverage around. If they find a cheaper price, your policy is moved internally without you having to go to a different agency.
When searching for an agent, we highly recommend that you check rates from at a minimum one independent agency in order to have the best price comparison. They often place coverage with different regional companies which may have better rates.
Captive Car Insurance Agents
These type of agents are contracted to one company such as State Farm, AAA, Farmers Insurance or Allstate. Captive agents cannot compare rates from other companies so they have to upsell other benefits. Captive insurance agents receive extensive training on their company’s products and that enables them to sell even at higher rates. Some people will only choose to use a captive agent mostly because of the brand legacy and strong financial ratings.
To help find insurance agents in your area, here is a link to find an insurance agency.
Picking the best insurance agent needs to be determined by more than just the premium amount. These questions are important to ask:
- Is the agency covered by Errors and Omissions coverage?
- Are they able to influence company decisions when a claim is filed?
- Do they have designations such as AIC, CPCU, or CIC?
- What will you get paid if your car is a total loss? How is that amount determined?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Can they provide you with a list of referrals?
- How long have they been in business?
- Are there any discounts that you might be missing?
Coverages available on your car insurance policy
Knowing the specifics of car insurance aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.
Comprehensive insurance
This covers 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 things such as damage from a tornado or hurricane, a broken windshield, rock chips in glass and hitting a bird. The highest amount your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for EMT expenses, funeral costs, nursing services, prosthetic devices and chiropractic care. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM)
This provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your Chevy Suburban 2500.
Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.
Collision coverage protection
Collision insurance will pay to fix damage to your Suburban 2500 resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against claims such as colliding with another moving vehicle, rolling your car, crashing into a ditch and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.
Liability coverages
Liability insurance will cover damages or injuries you inflict on a person or their property that is your fault. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 that means you have $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. Another option is one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.
Liability insurance covers things such as loss of income, structural damage, court costs and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.
And the best car insurance company is…
Drivers leave their current company for many reasons like policy non-renewal, not issuing a premium refund, unfair underwriting practices or delays in paying claims. It doesn’t matter what your reason, finding the right car insurance provider can be pretty painless.
Lower-priced car insurance can be purchased on the web as well as from insurance agents, and you should compare rates from both to have the best chance of lowering rates. There are still a few companies who may not offer online price quotes and most of the time these regional insurance providers only sell through independent agencies.
When searching for , do not buy less coverage just to save a little money. There are a lot of situations where an insured dropped liability limits or collision coverage only to regret at claim time that it was a big mistake. The proper strategy is to buy enough coverage at the best price.
