I can’t think of a single person who rejoices having to buy car insurance, especially when their premiums are through the roof.
It’s hard to fathom, but about 70% of customers kept buying from the same company for more than four years, and about 40% of consumers have never even shopped around for affordable coverage. Drivers in Cleveland could save $729 each year, but they underestimate the benefits if they switched to a cheaper policy.
How to buy lower priced Chevy Suburban insurance in Cleveland
If saving money is your primary concern, then the best way to find the cheapest price for Chevy Suburban insurance is to compare prices once a year from insurers who can sell car insurance in Cleveland.
- Get an understanding of coverages and the factors you can control to prevent high rates. Many rating factors that result in higher prices like speeding tickets, accidents and a bad credit rating can be eliminated by making small lifestyle or driving habit changes.
- Obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from a single company like GEICO or State Farm, while independent agencies can quote prices from multiple sources. Compare rates
- Compare the new rates to the price on your current policy and see if there is a cheaper rate. If you find a better price, make sure coverage does not lapse between policies.
- Notify your company or agent to cancel your existing policy. Submit the required down payment along with the signed application for your new policy. Once received, store the certificate of insurance with the vehicle registration.
The key aspect of shopping around is to try to compare similar deductibles and liability limits on every price quote and and to analyze as many auto insurance providers as possible. This provides the most accurate price comparison and the best price selection.
Because there are so many options when it comes to car insurance, it is very difficult to find the cheapest company.
It’s important to do rate comparisons quite often because car insurance rates go up and down regularly. Despite the fact that you may have had the lowest premium rates on Chevy Suburban insurance in Cleveland two years ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because you’re going to get a crash course in the right way to find better rates and still maintain coverage.
Buying the cheapest auto insurance in Cleveland is actually very simple if you learn how to start. Essentially every driver who is looking for cheaper auto insurance most likely will be able to lower their premiums. Nevertheless, Ohio car owners must know the way insurance companies market insurance on the web and apply this information to your search.
Many insurance companies allow you to get coverage price quotes from their websites. Getting online rates for Chevy Suburban insurance in Cleveland is fairly straightforward because you just enter the coverages you want into a form. When the form is submitted, their system pulls your driving record and credit report and returns a price. This streamlines rate comparisons, and it is imperative to do this if you want to get lower-cost prices.
To save time and compare rates now, compare quotes from the companies shown below. If you have coverage now, it’s recommended you duplicate the insurance coverages identical to your current policy. Doing this assures you’re receiving a rate comparison for exact coverage.
The companies shown below offer free quotes in Cleveland, OH. If you want to find cheap auto insurance in OH, we suggest you visit as many as you can to get the cheapest price.
Rates and statistics
The data table displayed next showcases a range of insurance policy prices for Chevy Suburban models. Having a good grasp of how car insurance prices are calculated can be useful when making decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Suburban LS 2WD | $226 | $296 | $298 | $18 | $88 | $926 | $77 |
| Suburban LT 2WD | $226 | $296 | $298 | $18 | $88 | $926 | $77 |
| Suburban LS 4WD | $226 | $296 | $298 | $18 | $88 | $926 | $77 |
| Suburban LT 4WD | $226 | $296 | $298 | $18 | $88 | $926 | $77 |
| Suburban LTZ 2WD | $226 | $348 | $298 | $18 | $88 | $978 | $82 |
| Suburban LTZ 4WD | $252 | $348 | $298 | $18 | $88 | $1,004 | $84 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Estimates do not factor in zip code location which can lower or raise prices considerably.
Insurance is not optional in Ohio
Despite the potentially high cost of Chevy Suburban insurance, insuring your vehicle may be required for several reasons.
- The majority of states have mandatory insurance requirements which means you are required to carry specific limits of liability in order to get the vehicle licensed. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a loan on your Suburban, most banks will require that you have full coverage to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the bank may insure your Chevy at a significantly higher premium and force you to reimburse them for the expensive policy.
- Insurance protects your Chevy Suburban and your assets. It also can pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, also pays expenses related to your legal defense if anyone sues you for causing an accident. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage.
The benefits of buying insurance more than offset the price you pay, especially when you need to use it. On average, a vehicle owner in Cleveland is overpaying more than $850 per year so it’s very important to do a rate comparison at every policy renewal to ensure rates are competitive.
Choices You Make Can Impact Your Insurance Costs
Many different elements are part of the equation when you quote your car insurance policy. Some of the criteria are obvious such as traffic violations, but other factors are not quite as obvious like where you live or your commute time. The best way to find cheaper insurance is to take a look at a few of the rating criteria that aid in calculating your policy premiums. If you know what determines base rates, this helps enable you to make changes that may reward you with big savings.
Save by driving safer cars – Vehicles that have high safety ratings get lower rates. Highly rated vehicles reduce injuries and better occupant protection translates into savings for insurance companies passed on to you as lower rates. If your Chevy Suburban earned at least four stars on Safercar.gov it may be receiving lower rates.
Poor credit can mean higher rates – Having a good credit score is a large factor in determining your rates. Therefore, if your credit score is lower than you’d like, you could pay less to insure your Chevrolet Suburban by improving your credit score. People with very high credit ratings tend to file fewer claims and have better driving records than those with poor credit.
How many miles do you drive? – The higher the miles on your Chevy each year the more you’ll pay to insure it. The majority of insurers calculate prices based upon how the vehicle is primarily used. Autos that are left in the garage receive better premium rates compared to those used for work or business. Incorrect rating for your Suburban may be wasting your money. Ask your agent if your insurance policy properly reflects the correct usage for each vehicle.
Rates and occupation – Careers such as real estate brokers, architects, and medical professionals tend to pay higher rates than average because of intense work situations and long work hours. Conversely, careers such as actors, students and homemakers get better rates.
Insurance loss probability for a Chevy Suburban – Companies take into consideration historical loss data for every vehicle when they calculate premium costs for each model. Vehicles that tend to have a higher amount or frequency of claims will have a higher cost to insure.
The table shown below demonstrates the collected loss data for Chevy Suburban vehicles. For each type of coverage, the claim amount for all vehicles, regardless of manufacturer or model, is a value of 100. Values that are 100 or less are indicative of better than average losses, while values that are above 100 indicate a higher chance of having a claim or tendency to have higher losses.
| 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 |
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Everyone needs different auto insurance coverages
Keep in mind that when it comes to choosing a policy for your vehicles, there really is no cookie cutter policy. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply.
For example, these questions could help you determine if you would benefit from an agent’s advice.
- Do I need motorclub coverage?
- Am I covered when driving a rental car?
- Why does it cost so much to insure a teen driver in Cleveland?
- Do I need more liability coverage?
- I don’t drive much so do I pay less?
- When do I need to add a new car to my policy?
- Do I have coverage if I rent a car in Mexico?
If you’re not sure about those questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.
Don’t give up on cheaper premiums
As you quote Cleveland car insurance, it’s a bad idea to buy less coverage just to save a little money. Too many times, someone dropped uninsured motorist or liability limits only to find out that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy the best coverage you can find at the best price and still be able to protect your assets.
We just covered quite a bit of information on how to save on Chevy Suburban insurance in Cleveland. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding cheaper Cleveland car insurance quotes. Consumers could even find that the best price on insurance is with some of the lesser-known companies. Smaller companies often have lower premium rates on specific markets as compared to the big name companies such as State Farm, GEICO and Nationwide.
How to quote cheaper Chevy Suburban insurance in Cleveland
If you want to find the absolute lowest rates, then the best way to get cheaper car insurance rates in Cleveland is to annually compare prices from insurers who sell insurance in Ohio. Prices can be compared by completing these steps.
- Step 1: It will benefit you to learn about policy coverages and the factors you can control to prevent high rates. Many things that increase rates such as at-fault accidents, careless driving, and a less-than-favorable credit rating can be eliminated by making minor driving habit or lifestyle changes.
- Step 2: Compare prices from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can give quotes from a single company like Progressive or State Farm, while independent agents can quote rates from multiple insurance companies. View companies
- Step 3: Compare the new quotes to your existing policy to see if a cheaper price is available. If you find a better price, make sure coverage is continuous and does not lapse.
- Step 4: Provide notification to your current company to cancel the current policy. Submit a down payment along with a signed application to the new company. As soon as you can, put the certificate of insurance with the vehicle registration.
One key aspect when comparing rates is to try to compare identical coverages on each price quote and and to analyze every insurance company. This ensures a level playing field and the best rate selection.
Even more information is located by following these links:
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Rates for Felons in Cleveland? (FAQ)
- Who Has Cheap Cleveland Car Insurance for a Jeep Grand Cherokee? (FAQ)
- How Much are Cleveland Auto Insurance Quotes for a Toyota Corolla? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Unemployed Drivers in Cleveland? (FAQ)
- How Much are Cleveland Car Insurance Quotes for 19 Year Olds? (FAQ)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)
- Alcohol Impaired Driving FAQ (iihs.org)
- Teen Driving Statistics (GEICO)