Tired of not being able to afford to pay your car insurance bill each month? You are in the same boat as the majority of other car owners. Online insurance companies like State Farm, Farmers Insurance, GEICO and Allstate persitently shower you with ad campaigns and it can be hard to sift through the bull and do the work needed to find the best deal.
If you have a policy now or are looking for a new policy, you can use these techniques to find better prices while maintaining coverages. Choosing the best insurance company for you is not that difficult. Vehicle owners just need to understand the proper methods to compare prices online.
Why your Chevy Suburban C1500 might be costing you more
Smart consumers have a good feel for some of the elements that go into determining your car insurance rates. Knowing what impacts premium levels helps enable you to make changes that could result in much lower annual insurance costs.
Listed below are some of the factors that factor into premiums.
- Do men or women drive better? – Statistics have proven that women are safer drivers than men. That doesn’t necessarily mean that men are WORSE drivers than women. Women and men have accidents in similar numbers, but men cause more damage. Men also have more aggressive citations like DUI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and therefore have the most expensive car insurance rates.
- Careful drivers pay lower rates – Drivers who don’t get tickets have lower premiums than their less careful counterparts. Only having one speeding ticket can bump up the cost by as much as thirty percent. Drivers with dangerous tickets like DUI or reckless driving are required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to prevent a license revocation.
- High deductibles save money – Physical damage deductibles define the amount you are required to spend out-of-pocket in the event of a claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. A few examples of covered claims are running into the backend of another car, vandalism, and rolling your vehicle. The more you have to pay, the less your company will charge you for insurance for Suburban C1500 coverage.
- Your job and insurance rates – Did you know your car insurance rates can be affected by your occupation? Occupations like judges, business owners and stock brokers tend to pay the highest rates in part from high stress levels and long work days. On the other hand, occupations such as pilots, students and performers have the lowest average rates for Suburban C1500 coverage.
- Do you know you’re credit rating? – Having a bad credit history is a big factor in calculating your car insurance rates. If your credit history is not that good, you could pay less to insure your Chevrolet Suburban C1500 by improving your rating. Drivers who have good credit tend to be better drivers and file fewer claims than drivers with lower credit scores.
- More miles equals more premium – The more miles you rack up on your Chevy in a year the higher your rate. Most insurance companies apply a rate based upon how you use the vehicle. Vehicles used primarily for pleasure use receive lower rates as compared to vehicles used primarily for driving to work. Double check that your car insurance policy shows how each vehicle is driven, because improper ratings can cost you money. If your policy improperly rates your Suburban C1500 can result in significantly higher rates.
- No coverage gaps is important – Not having insurance is against the law and your next policy will cost more because you let your coverage have a gap. And not only will your rates increase, but being ticketed for driving with no insurance can result in a steep fine or even jail time.You may then be required to provide proof of insurance in the form of an SR-22 filing with your state DMV.
- Do you need those extra coverages? – There are a lot of additional coverages that can waste your money on your Suburban C1500 policy. Insurance for roadside assistance, accident forgiveness and term life insurance may be costing you every month. They may seem like a good idea initially, but if they’re wasting money eliminate the coverages to reduce your premium.
Which Car Insurance is Cheapest?
Lowering your Chevy Suburban C1500 car insurance rates is a fairly straight forward process. You just have to take a couple of minutes to get quotes from different insurance companies. This can be accomplished in just a few minutes using one of these methods.
The recommended way to get quotes is to use a rate comparison form click to view form in new window. This type of form prevents you from having to do repetitive form entry to each individual car insurance company. Taking the time to complete one form gets you coverage quotes from all major companies.
Another way to get comparison quotes requires you to visit each company’s website and fill out their own quote form. For examples sake, let’s say you want to compare rates from USAA, 21st Century and Farmers. You would have to spend time on each company’s site and enter your policy data, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.
Which method you use is up to you, but make darn sure you compare identical quote information with each company. If each company quotes different values for each quote you will not be able to find the best deal for your Chevy Suburban C1500.
Lots of discounts mean lots of savings
Car insurance is not cheap, but you can get discounts that can drop the cost substantially. Most are applied at quote time, but some must be specially asked for before they will apply. If you’re not getting every credit you qualify for, you are throwing money away.
- Seat Belts Save – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 15% on the medical payments or PIP coverage costs.
- Senior Citizens – If you’re over the age of 55, you may qualify for reduced rates for Suburban C1500 coverage.
- Discount for Good Grades – A discount for being a good student can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
- E-sign – A few companies will discount your bill up to fifty bucks just for signing your application on their website.
- New Vehicle Savings – Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
- Theft Prevention System – Cars that have factory anti-theft systems help deter theft and will save you 10% or more.
- No Accidents – Drivers with accident-free driving histories pay much less when compared to accident-prone drivers.
Drivers should understand that most discounts do not apply the the whole policy. Most only cut individual premiums such as collision or personal injury protection. So when the math indicates all the discounts add up to a free policy, it just doesn’t work that way. But any discount will help reduce your overall premium however.
To see a list of insurers who offer car insurance discounts, click here.
In conclusion
We just presented many ways to shop for Chevy Suburban C1500 insurance online. It’s most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. You may be surprised to find that the most savings is with a lesser-known regional company. They may have significantly lower rates on certain market segments as compared to the big name companies such as GEICO and State Farm.
Low-cost Chevy Suburban C1500 insurance is possible both online and with local insurance agents, so you should compare both so you have a total pricing picture. Some insurance companies do not offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.
