Locating cheaper insurance for your Chevy Suburban in Colorado can be an all-consuming task, but you can follow our insurance buying tips to make it easier. There is a right way and a wrong way to find insurance online so you're going to learn the absolute fastest way to quote coverages for your Chevy and find the lowest possible price.

Insurance for Chevy SuburbanUnfortunately, a large majority of consumers kept their coverage with the same insurance company for four years or more, and almost 40% of drivers have never even shopped around for affordable coverage. With the average insurance premium being $1,800, Denver drivers could save approximately 35% a year, but they won't spend time to compare rate quotes online.

It's important to do rate comparisons before your policy renews because insurance prices go up and down regularly. If you had the best price on Chevy Suburban insurance in Denver two years ago other companies may now be cheaper. Ignore everything you know about insurance because it's time to teach you the only way to find lower rates on insurance.

If you have a policy now or are looking for a new policy, take advantage of these tips to reduce the price you pay while maximizing coverage. Getting quotes for affordable insurance coverage in Denver can be fairly easy. Shoppers just have to know the proper way to shop their coverage around on the web.

Cheapest companies for Chevy Suburban insurance in Colorado

The following companies can provide quotes in Colorado. If multiple companies are listed, we suggest you visit as many as you can to find the cheapest car insurance rates.

Chevrolet Suburban Insurance Costs in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $210 $354 $474 $28 $142 $1,208 $101
Suburban LT 2WD $186 $330 $426 $26 $128 $1,096 $91
Suburban LS 4WD $328 $616 $456 $28 $136 $1,564 $130
Suburban LT 4WD $342 $546 $352 $20 $106 $1,366 $114
Suburban LTZ 2WD $216 $340 $460 $28 $138 $1,182 $99
Suburban LTZ 4WD $380 $644 $352 $20 $106 $1,502 $125
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Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Price information does not factor in vehicle location which can impact rates greatly.

Auto insurance rates based on gender

The diagram below illustrates the difference between Chevrolet Suburban auto insurance costs for male and female drivers. The prices are based on no tickets, no at-fault accidents, full physical damage coverage, $100 deductibles, single marital status, and no other discounts are factored in.

Should you raise deductibles?

The diagram below highlights how deductible selection and can influence Chevrolet Suburban yearly insurance costs for different age groups. The prices are based on a married female driver, comprehensive and collision coverage, and no policy discounts are applied.

Policy deductible comparison

One of the hardest decisions when shopping for auto insurance is where should you set your physical damage deductibles. The rates shown below may help to conceptualize how much more rates are when you buy lower versus higher physical damage deductibles. The first set of prices uses a $100 deductible and the second rate table uses a $1,000 deductible.

Chevrolet Suburban insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $342 $546 $352 $20 $106 $1,391 $116
Suburban LT 2WD $342 $546 $352 $20 $106 $1,391 $116
Suburban LS 4WD $342 $546 $352 $20 $106 $1,391 $116
Suburban LT 4WD $342 $546 $352 $20 $106 $1,391 $116
Suburban LTZ 2WD $342 $644 $352 $20 $106 $1,489 $124
Suburban LTZ 4WD $380 $644 $352 $20 $106 $1,527 $127
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Chevrolet Suburban insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $190 $288 $352 $20 $106 $956 $80
Suburban LT 2WD $190 $288 $352 $20 $106 $956 $80
Suburban LS 4WD $190 $288 $352 $20 $106 $956 $80
Suburban LT 4WD $190 $288 $352 $20 $106 $956 $80
Suburban LTZ 2WD $190 $340 $352 $20 $106 $1,008 $84
Suburban LTZ 4WD $210 $340 $352 $20 $106 $1,028 $86
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Prices do not factor in specific zip code location which can affect insurance rates substantially.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs approximately $37 more each month or $444 a year than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go more than 24 months between claims, you would probably be better off by selecting a higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $100 deductibles: $119
Average monthly premium for $1,000 deductibles (subtract): - $82
Monthly savings from raising deductible: $37
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $37
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 24 months

An important thing to remember is that increasing deductibles to save money results in more money out-of-pocket when you do file a claim. That will force you to have some available funds in the event you have to pay more for the deductible.

Quote Chevy Suburban Insurance for Less

Multiple criteria are part of the equation when you get your auto insurance bill. Most are fairly basic like a motor vehicle report, but other factors are not quite as obvious like where you live or your commute time. When buying auto insurance it's important to understand the different types of things that help calculate the price you pay for auto insurance. When consumers understand what controls the rates you pay, this enables you to make decisions that could result in better auto insurance rates.

The following are some of the major factors utilized by car insurance companies to help set rates.

Cheaper auto insurance rates using alarms and GPS tracking - Selecting a car model with a theft deterrent system can save you a little every year. Theft deterrent systems like OnStar, LoJack tracking, and tamper alarms all hinder vehicle theft.

Your spouse saves you money - Having a significant other helps lower the price when shopping for auto insurance. Having a significant other generally demonstrates drivers are more mature and responsible it has been statistically shown that drivers who are married file infrequent claims.

More people means more accidents - Living in less populated areas is a good thing when insuring your vehicles. Fewer drivers corresponds to lower accident rates in addition to fewer liability claims. People who live in big cities have much more traffic and longer commutes to work. More time commuting means a statistically higher chance of an accident.

Continuous coverage saves money - Driving without insurance is a misdemeanor and companies may charge more for letting your insurance lapse for non-payment. And not only will your rates increase, being ticketed for driving with no insurance can result in fines and jail time.

Drivers with high credit save - Having a bad credit rating can be a huge factor in calculating your premium rate. Insureds with excellent credit tend to be better risks to insure than drivers who have poor credit scores. So if your credit history could use some work, you could pay less to insure your Chevrolet Suburban by spending a little time repairing your credit.

Females tend to cost less - Over the last 50 years, statistics have shown women are more cautious behind the wheel. It does not mean males are worse at driving than females. Both genders are in accidents at about the same rate, but men get into accidents with more damage. In addition to higher claims, males also have more aggressive citations like driving under the influence (DUI).

Chevy Suburban insurance claim data - Insurers analyze the history of losses when setting rates for each model. Vehicles that statistically have increased claim numbers or amounts will have higher rates for specific coverages. The table below shows the compiled insurance loss statistics for Chevy Suburban vehicles.

For each coverage category, the claim probability for all vehicles, regardless of make or model, is considered to be 100. Percentages below 100 suggest a positive loss record, while values over 100 indicate higher probability of having a loss or statistically larger losses.

Auto Insurance Loss Data for Chevrolet Suburban Models

Make and 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 70
BETTER
AVERAGE
WORSE

Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

You may qualify for discounts for Chevy Suburban insurance in Denver

Car insurance companies don't necessarily list every discount they offer very clearly, so the below list has some of the best known and the more hidden credits available to bring down your rates. If you don't get every credit you deserve, you are just wasting money.Cheaper auto insurance with discounts

One last thing about discounts, some of the credits will not apply to all coverage premiums. Some only apply to individual premiums such as comp or med pay. So even though it sounds like it's possible to get free car insurance, you aren't that lucky. Any amount of discount should help reduce your policy cost.

A list of companies and their offered discounts are shown below.

If you need inexpensive Denver car insurance quotes, ask every prospective company which discounts you may be entitled to. Some of the earlier mentioned discounts may not apply in Denver. If you would like to see a list of auto insurance companies who offer auto insurance discounts in Colorado, click here.

Car insurance agents can find coverage gaps

A small number of people just prefer to have an agent's advice. Professional insurance agents are trained risk managers and help file insurance claims. A good thing about getting online price quotes is that you can find the best rates and still have an agent to talk to.

To find an agent, once you fill out this simple form, the quote information is emailed to participating agents in Denver who will give competitive quotes and help you find cheaper coverage. You don't have to search for any insurance agencies because quoted prices will be sent directly to your email. If you wish to compare rates from a specific insurance provider, you can always go to their quote page and fill out the quote form the provide.

Finding the right insurance company requires more thought than just the price. The following questions are important to ask.

Smart consumers save more

As you prepare to switch companies, it's not a good idea to buy less coverage just to save a little money. There have been many situations where consumers will sacrifice uninsured motorist or liability limits and found out when filing a claim that they should have had better coverage. Your strategy should be to buy the best coverage you can find for the lowest cost.

Insureds change insurance companies for any number of reasons including not issuing a premium refund, unfair underwriting practices, high rates after DUI convictions or even poor customer service. Regardless of your reason for switching companies, finding the right auto insurance provider is less work than it seems.

Affordable Chevy Suburban insurance in Denver can be found on the web and from local insurance agents, and you need to price shop both to get a complete price analysis. There are still a few companies who do not offer online rate quotes and these small insurance companies work with independent agents.

More tips and info about auto insurance can be found by following these links: