It’s safe to conclude that car insurance companies want to keep your business as long as possible. Consumers who compare rates once a year will presumably move their business because there is a significant possibility of finding a lower-priced policy. A recent survey revealed that people who did price comparisons regularly saved an average of $3,500 over four years compared to other drivers who never shopped around for lower prices.
If finding low prices for car insurance in Scottsdale is why you’re here, then having some insight into the best way to quote and compare insurance premiums can save time and make the process easier.
It takes a few minutes, but the best way to get cheaper Chevy Suburban insurance in Scottsdale is to compare prices once a year from different companies in Arizona. Prices can be compared by following these steps.
- It will benefit you to learn about how companies set rates and the changes you can make to prevent expensive coverage. Many rating factors that result in higher prices such as getting speeding tickets and an unacceptable credit score can be eliminated by making small lifestyle or driving habit changes. This article provides more ideas to get cheaper coverage and find hidden discounts.
- Get rate quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give rate quotes from a single company like Progressive or Allstate, while independent agents can provide price quotes for a wide range of companies.
- Compare the new rate quotes to your existing policy and see if there is a cheaper rate. If you can save money, ensure there is no coverage lapse between policies.
- Provide adequate notice to your current company of your intention to cancel your existing policy and submit a completed application and payment to your new carrier. Immediately upon receiving it, place the new certificate verifying coverage along with the vehicle’s registration papers.
A tip to remember is that you use the same liability limits and deductibles on each quote and and to get quotes from every insurance company. Doing this enables a level playing field and a complete rate analysis.
Premium rates and analysis
The premium information displayed below showcases different insurance premium costs for Chevy Suburban models. Being aware of how rates are established is important for you to make smart choices when purchasing an insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Suburban LS 2WD||$166||$268||$288||$18||$86||$826||$69|
|Suburban LT 2WD||$166||$268||$288||$18||$86||$826||$69|
|Suburban LS 4WD||$166||$268||$288||$18||$86||$826||$69|
|Suburban LT 4WD||$166||$268||$288||$18||$86||$826||$69|
|Suburban LTZ 2WD||$166||$316||$288||$18||$86||$874||$73|
|Suburban LTZ 4WD||$184||$316||$288||$18||$86||$892||$74|
|Get Your Own Custom Quote Go|
Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Premium amounts do not factor in garaging location in Scottsdale which can revise coverage prices significantly.
The chart below illustrates how your deductible choice and can influence Chevy Suburban annual premium costs for each different age group. The data assumes a married male driver, full coverage, and no discounts are taken into consideration.
Chevrolet Suburban liability rates compared to full coverage
The information below illustrates the difference between Chevy Suburban auto insurance costs when comparing full coverage to state minimum liability only. Data assumes no tickets, no at-fault accidents, $500 deductibles, single marital status, and no policy discounts are applied.
When to drop comprehensive and collision coverage
There is no specific rule of when to drop comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.
For example, let’s say your Chevy Suburban replacement cost is $8,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $7,000 after the deductible is paid. If it’s costing in excess of $700 a year for physical damage coverage, then you might want to consider buying only liability coverage.
There are some scenarios where dropping physical damage coverage is not advised. If you still have a loan on your vehicle, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not buy liability only.
How Insurance Companies Calculate Chevy Suburban Insurance Costs
Lots of things are used when pricing auto insurance. Some factors are common sense such as traffic violations, but others are not quite as obvious such as whether you are married or your commute time.
The list below includes a few of the “ingredients” used by insurance companies to determine premiums.
- Get better prices if you’re married – Being married may earn you lower rates when shopping for auto insurance. Having a significant other usually means you are more financially stable and statistics prove being married results in fewer claims.
- Job can influence rates – Did you know that where you work can have an impact on rates? Careers such as doctors, architects, and stock brokers tend to pay the highest rates due to intense work situations and long work days. Other jobs such as professors, engineers and the unemployed receive lower rates.
- Never allow your policy to lapse – Not maintaining insurance is a misdemeanor and companies may charge more for letting your coverage have a gap. And not only will your rates increase, the inability to provide proof of insurance could result in a fine, jail time, or a revoked license.
Male costs may be higher – Over the last 30 years, statistics show that females tend to be a little less risky than males. However, this does not mean females are better at driving than males. Both genders cause accidents in similar percentages, but the men tend to have more serious accidents. Not only that, but men also have more aggressive citations like DUI and reckless driving.
The example below compares Chevy Suburban yearly insurance costs for male and female drivers. The price estimates are based on no accidents or driving violations, full coverage, $100 deductibles, single status, and no discounts are factored in.
- Save money by having multiple policies – The majority of insurers will give lower prices to customers who carry more than one policy in the form of a multi-policy discount. The discount can add up to ten or even fifteen percent. Even if you already get this discount, you still need to check prices from other companies to make sure you are getting the best deal.
- Alarm systems save money – Owning a car with a theft deterrent system can help bring down rates. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help stop vehicle theft.
- Extra coverages are wasting money – There are many extra coverages that sound like a good idea at the time if you aren’t careful. Things like personal injury protection, death and dismemberment, and motor club memberships may be wasting your money. They may seem like a good idea initially, but now you might not need them so eliminate the coverages to reduce your premium.
Chevy Suburban insurance loss statistics – Companies analyze historical claim data to calculate a rate that will offset losses. Vehicles that the data determines to have higher losses will have a higher premium rate.
The next table illustrates the historical loss data for Chevy Suburban vehicles. For each policy coverage type, the loss probability for all vehicles averaged together is a value of 100. Values under 100 represent a good loss history, while percentage numbers above 100 point to more losses or an increased probability of a larger loss.
Auto Insurance Loss Data for Chevrolet Suburban Models Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Chevrolet Suburban 1500 4dr 2WD 90 92 90 67 Chevrolet Suburban 1500 4dr 4WD 109 113 124 72 70BETTERAVERAGEWORSE
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Best auto insurance in Scottsdale
Choosing the best insurance provider can be challenging considering how many companies are available to choose from in Arizona. The ranking data in the next section may help you analyze which car insurance providers you want to consider purchasing coverage from.
Top 10 Scottsdale Car Insurance Companies by A.M. Best Rank
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
Cheaper auto insurance is a realistic goal
We just presented many ideas to compare Chevy Suburban insurance rates in Scottsdale. The most important thing to understand is the more providers you compare, the higher your chance of finding affordable Scottsdale car insurance quotes. Consumers could even find that the lowest rates come from a small local company. Smaller companies often have lower car insurance rates on specific markets as compared to the big name companies such as Progressive and GEICO.
Budget-conscious Chevy Suburban insurance can be sourced on the web as well as from independent agents in Scottsdale, and you should be comparing both to have the best rate selection. Some insurance providers do not offer the ability to get quotes online and many times these regional insurance providers sell through local independent agencies.
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- What Insurance is Cheapest for State Employees in Scottsdale? (FAQ)
- What Car Insurance is Cheapest for Police Officers in Scottsdale? (FAQ)
- What Auto Insurance is Cheapest for First-time Drivers in Scottsdale? (FAQ)
- Anti-Lock Brake FAQ (iihs.org)
- Prom Night Tips for Teen Drivers (State Farm)