Car Insurance Rates for a Chevy Suburban in Plano

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Chevy Suburban insurance
Chevy Suburban insurance image courtesy of QuoteInspector.com

Anyone knows that car insurance companies don't want you to look for cheaper rates. Consumers who compare other prices are very likely to switch companies because of the good chance of finding a lower-priced policy. A study showed that consumers who compared rates regularly saved $860 a year compared to drivers who don't regularly compare prices.

If finding budget-friendly rates on Chevy Suburban insurance is the reason for your visit, then learning about the best way to compare insurance coverage can help simplify the task of finding more affordable coverage.

Discount Chevy Suburban insuranceIt takes a little time, but the best way to get discount Chevy Suburban insurance is to start comparing prices regularly from insurance carriers in Plano.

  • Step 1: Try to understand how car insurance works and the changes you can make to drop your rates. Many factors that are responsible for high rates such as your driving record and poor credit history can be controlled by improving your driving habits or financial responsibility. Keep reading for ideas to help reduce premium rates and find overlooked discounts.
  • Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like GEICO and State Farm, while independent agencies can give you price quotes from multiple insurance companies. Compare rates now
  • Step 3: Compare the new rate quotes to the premium of your current policy to see if switching to a new carrier will save money. If you can save some money and make a switch, make sure there is no lapse in coverage.

A valuable tip to remember is to try to compare the same physical damage deductibles and liability limits on every quote request and to quote with every company you can. This helps ensure a level playing field and the best rate selection.

Choosing the best insurance company for you in Plano can be easy if you know a few tricks. If you currently have a car insurance policy, you should be able to cut your premiums using the techniques covered below. But Texas drivers must know how big insurance companies calculate your auto insurance rates.

How to shop Chevy Suburban insurance online

Most companies allow you to get insurance quotes directly from their websites. Comparing Chevy Suburban insurance rates online is quite easy because it's just a matter of typing in the coverages you want as requested by the quote form. After you complete the form, the system pulls your driving record and credit report and gives you a price quote based on the information you submitted. This makes comparing rates easy, and it's also necessary to compare as many rates as possible if you want to find the lowest payment.

If you want to fill out one form to compare multiple rates now, compare rate quotes from the providers shown below. If you have coverage now, it's recommended that you enter the coverage information as shown on your current policy. This way, you are getting an apples-to-apples comparison for similar coverage.

The following companies are our best choices to provide comparison quotes in Plano, TX. If you wish to find cheap auto insurance in Plano, TX, it's a good idea that you get rates from several of them in order to find the most affordable rates.

Discounts for affordable insurance rates

Companies don't list every available discount in an easy-to-find place, so here is a list a few of the more well known and the more hidden discounts that you may qualify for.Save money with discounts

  • Early Signing - A few companies offer discounts for switching companies prior to the expiration date on your current Suburban insurance policy. It could save around 10% when you buy Plano car insurance online.
  • Anti-theft Discount - Vehicles that have factory alarm systems and tracking devices can help prevent theft and earn discounts up to 10% off your Plano car insurance quote.
  • Student in College - Older children who are enrolled in higher education away from home and do not have a car may be able to be covered for less.
  • Senior Citizen Discount - Mature drivers may qualify for better insurance rates.
  • Professional Organizations - Being in qualifying employment or professional organizations could qualify you for a break on your bill.
  • Good Driver Discounts - Safe drivers can save as much as half off their rates than their less cautious counterparts.
  • Seat Belts Save more than Lives - Drivers who always wear seat belts and also require passengers to buckle their seat belts can save a little on the medical payments or PIP coverage costs.
  • Accident Forgiveness Coverage - Not a discount per se, but certain companies will let one accident slide before hitting you with a surcharge so long as you haven't had any claims prior to the accident.

A little note about advertised discounts, many deductions do not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. If you do the math and it seems like adding up those discounts means a free policy, you're out of luck.

The chart below illustrates the comparison of Chevy Suburban insurance costs with and without discounts applied. The information is based on a female driver, no tickets, no at-fault accidents, Texas state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, marriage, multi-policy, safe-driver, and homeowner discounts applied.

If you would like to choose from a list of insurance companies with the best discounts in Texas, click this link.

Chevy Suburban insurance statistics and information

The coverage table shown below outlines different insurance premium costs for Chevy Suburban models. Understanding how insurance rates are calculated can be valuable when making smart choices when comparing insurance quotes.

Chevrolet Suburban Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $370 $592 $382 $22 $114 $1,480 $123
Suburban LT 2WD $370 $592 $382 $22 $114 $1,480 $123
Suburban LS 4WD $370 $592 $382 $22 $114 $1,480 $123
Suburban LT 4WD $370 $592 $382 $22 $114 $1,480 $123
Suburban LTZ 2WD $370 $698 $382 $22 $114 $1,586 $132
Suburban LTZ 4WD $412 $698 $382 $22 $114 $1,628 $136
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Table data does not factor in the specific area where the vehicle is garaged which can raise or lower premium rates significantly.

How high should deductibles be?

When comparing auto insurance rates, the most common question is at what level do you set your deductibles. The comparisons below lay out the premium difference of buying low and high physical damage deductibles. The first data set uses a $100 physical damage deductible and the second data table uses a $1,000 deductible.

Chevrolet Suburban insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $370 $592 $382 $22 $114 $1,505 $125
Suburban LT 2WD $370 $592 $382 $22 $114 $1,505 $125
Suburban LS 4WD $370 $592 $382 $22 $114 $1,505 $125
Suburban LT 4WD $370 $592 $382 $22 $114 $1,505 $125
Suburban LTZ 2WD $370 $698 $382 $22 $114 $1,611 $134
Suburban LTZ 4WD $412 $698 $382 $22 $114 $1,653 $138
Get Your Own Custom Quote Go
Chevrolet Suburban insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $206 $312 $382 $22 $114 $1,036 $86
Suburban LT 2WD $206 $312 $382 $22 $114 $1,036 $86
Suburban LS 4WD $206 $312 $382 $22 $114 $1,036 $86
Suburban LT 4WD $206 $312 $382 $22 $114 $1,036 $86
Suburban LTZ 2WD $206 $368 $382 $22 $114 $1,092 $91
Suburban LTZ 4WD $228 $368 $382 $22 $114 $1,114 $93
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Prices do not factor in specific Plano garaging location which can change premiums greatly.

Based on this data, we can arrive at the conclusion that using a $100 deductible will cost you about $41 more each month or $492 for a full year than requesting the higher $1,000 deductible. Because you would pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go at least 22 months between claims, you would come out ahead by selecting a higher deductible.

The diagram below illustrates how choosing a deductible and can affect Chevy Suburban insurance prices for different insured age categories. The data assumes a married male driver, full coverage, and no discounts are applied to the premium.

Careless Plano drivers pay higher rates

The diagram below highlights how speeding tickets and at-fault collisions impact Chevy Suburban insurance costs for different age groups. The information is based on a married female driver, comp and collision included, $1,000 deductibles, and no additional discounts are factored in.

Chevrolet Suburban insurance costs by gender and age

The illustration below illustrates the comparison of Chevy Suburban annual premium costs for male and female drivers. The data is based on a clean driving record, no claims, full coverage, $1,000 deductibles, drivers are single, and no discounts are applied.

Chevrolet Suburban liability rates compared to full coverage

The example below compares Chevy Suburban car insurance rates with and without full coverage. The data is based on no violations or claims, $1,000 deductibles, single status, and no discounts are taken into consideration.

Deciding between full coverage and liability only

There isn't a written rule for dropping full coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than around 10% of the settlement you would receive from your company, then you might want to consider buying only liability coverage.

For example, let's say your Chevy Suburban settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would receive is $2,000 after paying the physical damage deductible. If you are paying in excess of $200 a year for your policy with full coverage, the it may be a good time to stop paying for full coverage.

There are some situations where dropping full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not buy liability only.

Informed Consumers Can Lower Their Insurance Premiums

Consumers need to have an understanding of some of the things that help calculate auto insurance rates. If you know what impacts premium levels, this allows you to make good choices that may result in much lower annual insurance costs. Many factors are part of the calculation when you quote your car insurance policy. Some are pretty understandable such as traffic violations, but others are less apparent such as your credit history or your financial responsibility.

  • Long commutes cost more - The higher the miles on your Chevy each year the higher your rate. Almost all companies rate vehicles based upon how the vehicle is primarily used. Cars that have low annual miles receive lower rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your Suburban can cost quite a bit. It's always a good idea to double check that your declarations sheet properly reflects the correct usage for each vehicle, because improper ratings can cost you money.
  • Small claims can cost you - Companies in Texas generally give better rates to policyholders who file claims infrequently. If you frequently file small claims, you can expect either a policy non-renewal or much higher rates. Your car insurance is meant to be used in the event of the bigger claims that can't be paid out-of-pocket.
  • Do you need those incidental coverages? - Policies have extra bells and whistles that you can get tricked into buying but may not be useful. Insurance for things like coverage for rental cars, high-cost glass coverage, and Farm Bureau memberships may be costing you every month. These may sound like a good investment initially, but if you have no use for them think about removing them and cutting costs.
  • Cheaper rates by bundling - Lots of companies will give discounts to clients that have more than one policy such as combining an auto and homeowners policy. Even though this discount sounds good, consumers should still compare other company rates to make sure you are getting the best deal. You may still be able to find a better deal by insuring with multiple companies.
  • Don't skimp on liability protection - Your policy's liability coverage provides coverage when you are found liable for personal injury or accident damage. Your liability coverage provides legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.
  • Insurance loss data for Chevy Suburban vehicles - Insurers factor in insurance loss information to help calculate a profitable premium price. Models that the statistics show to have higher number or severity of losses will have higher rates for specific coverages. The next table illustrates the compiled insurance loss statistics for Chevy Suburban vehicles.

    For each type of coverage, the claim amount for all vehicles, regardless of make or model, is set at 100. Numbers under 100 indicate better than average losses, while values over 100 point to more frequent losses or larger claims.

    Chevrolet Suburban Insurance Loss 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 from IIHS.org for 2013-2015 Model Years

Auto insurance agents can help

Many people still prefer to talk to an insurance agent and that can be a great decision One of the benefits of price shopping on the web is that drivers can save money and get cheaper rates and also buy local.

To find an agent, once you fill out this form (opens in new window), your coverage information is emailed to local insurance agents in Plano that can provide free Plano car insurance quotes for your car insurance coverage. There is no need to visit any agencies since rate quotes are delivered immediately to you. You can get cheaper car insurance rates without the usual hassles of price shopping. If you need to quote rates from a particular provider, you would need to go to their quote page to submit a rate quote request.

Choosing the best insurance company should include more criteria than just the price. Ask your prospective agent these questions:

  • Which companies do they recommend if they are an independent agency?
  • Do you have coverage for a rental car if your vehicle is in the repair shop?
  • Does the company have a local claim office in Plano?
  • Will one accident increase rates?
  • Does the agent have a valid license to sell insurance in Texas?

If you are searching for a reputable insurance agent or broker, there are a couple of different types of agents and how they differ in how they quote coverages. Car insurance agents can be described as either independent (non-exclusive) or exclusive.

Exclusive Car Insurance Agents

Exclusive agents write business for a single company and examples are Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agencies are unable to compare other company's rates so always compare other rates. They receive a lot of sales training on their company's products which helps them sell on service rather than price.

Shown below are Plano exclusive agencies that are able to give price quote information.


6100 K Ave #106 - Plano, TX 75074 - (972) 424-5900 - View Map


1106 14th St - Plano, TX 75074 - (469) 814-0551 - View Map


8612 Preston Rd d119 - Plano, TX 75024 - (972) 384-2660 - View Map

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Independent Agencies or Brokers

Agents that elect to be independent do not work for one specific company so they can quote policies through many companies and get you the best rates possible. If they find a cheaper price, an independent agent can move your coverage and you can keep the same agent. When shopping rates, you should always contact a couple of independent agencies to maximize your price options.

Below is a short list of independent agencies in Plano that can give you price quotes.


2817 Regal Rd # 101 - Plano, TX 75075 - (972) 596-5866 - View Map


5600 Tennyson Pkwy #243 - Plano, TX 75024 - (972) 665-9975 - View Map


1110 E Parker Rd #106 - Plano, TX 75074 - (972) 200-5070 - View Map

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Which policy gives me the best coverage?

When selecting proper insurance coverage for your personal vehicles, there really is no "best" method to buy coverage. Your situation is unique.Safe vehicles cost less to insure

These are some specific questions might help in determining if you might need professional guidance.

  • Can I rate high risk drivers on liability-only vehicles?
  • Am I insured when driving a different vehicle?
  • I have health insurance so do I need medical payments coverage?
  • Is a blown tire covered by insurance?
  • Does insurance cover damages from a DUI accident?
  • If I use my vehicle for business use is it covered?
  • Does my Chevy Suburban need full coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Can I afford low physical damage deductibles?
  • Does insurance cover tools stolen from my truck?

If you don't know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form.

Do the work, save more money

Some insurance companies do not offer the ability to get a quote online and usually these small insurance companies work with local independent agencies. Affordable Chevy Suburban insurance in Plano can be bought on the web and also from your neighborhood Plano agents, and you should compare price quotes from both in order to have the best price selection to choose from.

In this article, we covered many ways to save on Chevy Suburban insurance in Plano. It's most important to understand that the more rate quotes you have, the better your chances of lowering your premium rates. Drivers may even discover the biggest savings come from a smaller regional carrier.

People leave their current company for many reasons like delays in paying claims, unfair underwriting practices, being labeled a high risk driver or not issuing a premium refund. Regardless of your reason, finding a new car insurance company can be easy and end up saving you some money.

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