Discount Chevy Suburban insuranceHow long has it been since you shopped around for cheaper Chevy Suburban insurance in Colorado Springs? Locating low-cost insurance for a Chevy Suburban in Colorado could be a lot of work, but you can follow these tips to make it easier. There is a right way and a wrong way to find car insurance online so you're going to learn the best way to compare rates for a Chevy and get the best price possible.

It's astonishing, but the vast majority of consumers renewed their policy with the same company for a minimum of four years, and almost 40% of drivers have never even compared quotes to find affordable rates. Colorado drivers can save hundreds of dollars each year just by comparing rates, but they don't know how much they could save if they changed companies.

How You Can Control Chevy Suburban Insurance Premiums

Many factors are part of the calculation when premium rates are determined. Some of the criteria are obvious such as your driving history, but others are more obscure such as whether you are married and annual miles driven. Smart consumers have a good feel for the different types of things that help calculate your premiums. When you know what positively or negatively determines premiums, this enables informed choices that can help you get lower rates.

Safeguard your assets with liability - The liability coverage on your policy kicks in if ever you are determined to be liable for damages from an accident. This coverage provides legal defense which can be incredibly expensive. This coverage is relatively inexpensive compared to comp and collision, so drivers should carry high limits.

Prevent your car from being stolen - Choosing to buy a car with advanced anti-theft systems can help lower your rates. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.

Don't buy incidental coverages that aren't used - There are many extra add-on coverages you can purchase if you don't pay attention. Add-on coverages like vanishing deductibles, towing coverage, and Farm Bureau memberships may be wasting your money. They may seem like a good idea when discussing your needs, but your needs may have changed so get rid of them and save.

Increase physical damage deductibles and save - The deductibles represent how much money you are willing to pay if a claim is determined to be covered. Insurance for physical damage, termed comprehensive and collision coverage on your policy, protects your car from damage. A few examples of covered claims would be colliding with a stationary object, damage from fire, and damage caused by road hazards. The higher the amount you have to pay, the lower your rates will be.

Chevy Suburban claim statistics - Car insurance companies analyze claim trends for every vehicle to calculate a price that offsets possible losses. Models that the data shows to have higher losses will cost more to insure. The table below illustrates the collected loss data for Chevy Suburban vehicles.

For each coverage type, the statistical loss for all vehicles averaged together is set at 100. Numbers shown that are under 100 mean the vehicle has better than average losses, while numbers above 100 indicate higher probability of having a loss or statistically larger claims.

Chevrolet Suburban Insurance Claim Statistics

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
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Cutting your Colorado Springs insurance rates is a fairly straight forward process. Consumers just need to spend a little time comparing price quotes provided by online insurance companies.

The providers in the list below can provide quotes in Colorado. If multiple companies are listed, we suggest you click on several of them in order to get a fair rate comparison.

Chevrolet Suburban Insurance Rates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $146 $238 $330 $20 $98 $832 $69
Suburban LT 2WD $284 $368 $460 $28 $138 $1,278 $107
Suburban LS 4WD $162 $282 $396 $24 $118 $982 $82
Suburban LT 4WD $294 $536 $396 $24 $118 $1,368 $114
Suburban LTZ 2WD $214 $448 $396 $24 $118 $1,200 $100
Suburban LTZ 4WD $182 $332 $368 $22 $110 $1,014 $85
Get Your Own Custom Quote Go

Prices based on married female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Prices do not factor in specific Colorado Springs garaging location which can influence premiums significantly.

Higher deductibles save money

One common question asked by Colorado Springs drivers is how high should the deductibles for physical damage be. The following tables can help show the difference in cost between low and high deductibles. The first rate quote example uses a $100 deductible and the second set of prices uses a $1,000 deductible.

Chevrolet Suburban insurance 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
Get Your Own Custom Quote Go
Chevrolet Suburban insurance 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
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Premium amounts do not factor in the specific area where the vehicle is garaged which can impact premiums significantly.

Using the data above, we can ascertain that using a $100 deductible costs roughly $37 more each month or $444 annually than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 24 months between claims, you would save money if you choose a higher deductible.

Should you raise deductibles?

The illustration below highlights how deductible choice and can impact Chevrolet Suburban insurance costs for different age groups of insureds. The price estimates are based on a single female driver, full physical damage coverage, and no other discounts are factored in.

Car insurance is not optional but you don't have to overpay

Even though it's not necessarily cheap to insure a Chevy in Colorado Springs, paying for car insurance may be mandatory for several reasons.

The benefits of having car insurance more than cancel out the cost, especially when you need to use it. The average driver in America overpays as much as $830 a year so compare rate quotes each time the policy renews to ensure rates are competitive.

Colorado Springs insurance discounts for a Chevy Suburban

Some insurers do not advertise all possible discounts very clearly, so the following is a list of both the well known and the harder-to-find discounts that you may qualify for. If you check and find you aren't receiving every discount you qualify for, you could be saving more on your car insurance.Car insurance discounts

While discounts sound great, it's important to understand that most discounts do not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as comp or med pay. So even though you would think adding up those discounts means a free policy, company stockholders wouldn't be very happy.

Car insurance companies that may offer quotes with these money-saving discounts may include but are not limited to:

It's a good idea to ask each insurance company to apply every possible discount. Some discounts might not apply in Colorado Springs. To view insurance companies that offer some of these discounts in Colorado Springs, click this link.

Do I need an agent?

A small number of people prefer to get professional advice from a licensed agent and that is a personal choice. Licensed agents can help you build your policy and help submit paperwork. A good thing about comparing insurance prices online is the fact that you can find the lowest rates and still have an agent to talk to.

Insurance agency in Colorado SpringsAfter filling out this form (opens in new window), your coverage information is submitted to insurance agents in Colorado Springs that provide free Colorado Springs auto insurance quotes and help you find cheaper coverage. You won't need to leave your computer as quotes are delivered to you instantly. In the event you want to compare rates from a specific auto insurance provider, don't hesitate to search and find their rate quote page and fill out their quote form.

Choosing the best insurer shouldn't rely on just a cheap quote. Here are some questions you might want to ask.

Do the work, save more money

People leave their current company for a number of reasons such as extreme rates for teen drivers, high prices, an unsatisfactory settlement offer and policy non-renewal. Regardless of your reason, choosing a new company is easier than you think.

Cost effective Chevy Suburban insurance can be sourced from both online companies and from local insurance agents, so you should compare both in order to have the best price selection to choose from. There are still a few companies who may not offer online price quotes and usually these small insurance companies only sell coverage through independent agents.

As you restructure your insurance plan, you should never buy poor coverage just to save money. There have been many cases where someone sacrificed physical damage coverage to discover at claim time they didn't purchase enough coverage. The goal is to buy a smart amount of coverage at the lowest possible cost and still be able to protect your assets.

More detailed auto insurance information can be found at these sites: