Cheap Lexington Chevy Suburban Insurance

Discount Chevy Suburban insuranceThe preferred way to get cheaper Chevy Suburban insurance in Lexington is to compare prices at least once a year from different companies who sell insurance in Kentucky.

First, read and learn about policy coverages and the things you can control to keep rates down. Many factors that cause high rates like speeding tickets, careless driving and a not-so-good credit history can be controlled by making lifestyle changes or driving safer. Keep reading for additional tips to help prevent high rates and find additional discounts you may qualify for.

Second, compare rates 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 give you price quotes for a wide range of companies.

Third, compare the price quotes to your existing rates to determine if switching companies saves money. If you can save money and make a switch, make sure there is no coverage gap between policies.

One key aspect of rate comparisons is to use identical coverages on every quote and and to get price estimates from as many different companies as possible. This helps ensure an accurate price comparison and a complete rate analysis.

Smart shoppers know that car insurance companies don’t want you shop around. Drivers who compare price quotes will, in all likelihood, move their business because of the high probability of finding lower rate quotes. Remarkably, a study showed that consumers who regularly compared rates saved on average $850 each year compared to drivers who never compared other company’s rates.

If finding budget-friendly rates on auto insurance is the reason you’re reading this, then learning a little about the best way to shop and compare car insurance can help you be more efficient.

The majority of larger companies make it easy to get prices for coverage direct online. Comparing prices online for Chevy Suburban insurance in Lexington is possible for anyone as you just type in your required coverages into the quote form. Upon sending the form, their quoting system collects your credit score and driving record and returns pricing information based on many factors. The ability to get online rate quotes for Chevy Suburban insurance in Lexington makes it simple to compare prices and it’s necessary to perform this step if you want to get the best rate.

To compare rates now, compare rate quotes from the providers shown below. If you have a policy now, it’s recommended you type in coverages and limits exactly as shown on your declarations page. Doing this assures you will have a fair comparison based on identical coverages.

The providers in the list below are ready to provide quotes in Kentucky. If you want cheaper auto insurance in Lexington, we suggest you get rates from several of them to get the cheapest price.

Chevy Suburban insurance charts and tables

The rate table shown next highlights different insurance costs for Chevy Suburban models. Understanding how car insurance prices are determined is important for drivers to make informed coverage decisions.

Chevrolet Suburban Insurance Rates in Lexington, KY
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $152 $276 $368 $22 $110 $928 $77
Suburban LT 2WD $152 $276 $368 $22 $110 $928 $77
Suburban LS 4WD $152 $276 $368 $22 $110 $928 $77
Suburban LT 4WD $152 $276 $368 $22 $110 $928 $77
Suburban LTZ 2WD $152 $324 $368 $22 $110 $976 $81
Suburban LTZ 4WD $168 $324 $368 $22 $110 $992 $83
Get Your Own Custom Quote Go

Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Rate quotes do not factor in specific zip code location which can affect premiums greatly.

Higher deductibles lower rates

One of the hardest decisions when shopping for insurance is how high should the physical damage deductibles be. The premium rates below help summarize the cost difference when you buy lower versus higher coverage deductibles. The first rate estimation uses a $100 deductible for physical damage and the second price grid uses a $500 deductible.

Chevrolet Suburban insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $318 $508 $326 $20 $98 $1,295 $108
Suburban LT 2WD $318 $508 $326 $20 $98 $1,295 $108
Suburban LS 4WD $318 $508 $326 $20 $98 $1,295 $108
Suburban LT 4WD $318 $508 $326 $20 $98 $1,295 $108
Suburban LTZ 2WD $318 $598 $326 $20 $98 $1,385 $115
Suburban LTZ 4WD $354 $598 $326 $20 $98 $1,421 $118
Get Your Own Custom Quote Go

Chevrolet Suburban insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $232 $342 $326 $20 $98 $1,018 $85
Suburban LT 2WD $232 $342 $326 $20 $98 $1,018 $85
Suburban LS 4WD $232 $342 $326 $20 $98 $1,018 $85
Suburban LT 4WD $232 $342 $326 $20 $98 $1,018 $85
Suburban LTZ 2WD $232 $404 $326 $20 $98 $1,080 $90
Suburban LTZ 4WD $258 $404 $326 $20 $98 $1,106 $92
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Price estimates do not factor in the specific area where the vehicle is garaged which can affect auto insurance rates considerably.

Based on the above data, using a $100 deductible could cost the average driver approximately $24 more each month or $288 annually than opting for the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you have more than 17 months between claims, you would save money by selecting a higher deductible.

Reckless driving habits raise Lexington insurance rates

The information below shows how speeding tickets and at-fault collisions impact Chevy Suburban premium costs for each age group. The rates are based on a married female driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied to the premium.

Full coverage versus liability only rates

The diagram below illustrates the comparison of Chevy Suburban car insurance costs with and without full coverage. The rate quotes are based on no driving violations, no at-fault accidents, $1,000 deductibles, single status, and no discounts are taken into consideration.

When to stop paying for full coverage

There is no clear-cut rule that works best for making the decision to drop full coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.

For example, let’s say your Chevy Suburban claim settlement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $3,000 after paying your policy deductible. If premium cost is more than $300 a year for full coverage, then it’s probably a good time to buy liability coverage only.

There are some situations where eliminating full coverage is not recommended. If you still have a lienholder on your title, you are required to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not remove full coverage.

Three reasons to not skimp on insurance

Even though Lexington Suburban insurance rates can get expensive, buying insurance may not be optional for several reasons.

First, just about all states have mandatory insurance requirements which means you are required to buy a minimum amount of liability if you want to drive legally. In Kentucky these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you took out a loan on your Chevy Suburban, more than likely the lender will make it a condition of the loan that you buy insurance to ensure loan repayment if the vehicle is totaled. If you do not keep the policy in force, the bank may insure your Chevy for a much higher rate and require you to fork over for the much more expensive policy.

Third, insurance preserves both your car and your assets. Insurance will pay for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability coverage will also pay to defend you if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.

The benefits of having insurance are without a doubt worth the cost, particularly when you have a large claim. But the average American driver is overpaying more than $750 every year so compare rates at least once a year to ensure rates are inline.

Learn How to Lower Your Insurance Prices

Part of the car insurance buying process is learning the factors that play a part in calculating the price you pay for car insurance. When you understand what controls the rates you pay, this helps enable you to make changes that could help you find much lower annual insurance costs.

Get cheaper Chevy Suburban insurance rates in Lexington

Car insurance companies don’t necessarily list all possible discounts in a way that’s easy to find, so the next list breaks down a few of the more common and also the more inconspicuous credits available to you.Auto insurance discounts

One thing to note about discounts is that some of the credits will not apply to the whole policy. Some only reduce specific coverage prices like medical payments or collision. So even though you would think you can get free auto insurance, it just doesn’t work that way. Any amount of discount will help lower your policy premium.

The example below shows the comparison of Chevy Suburban premium costs with and without discounts. The rates are based on a female driver, no violations or accidents, Kentucky state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, safe-driver, marriage, homeowner, and claim-free discounts applied.

Companies who might offer most of these discounts include:

Before buying, ask each company or agent the best way to save money. Savings might not be offered on policies in Lexington.

Auto insurance agents near you

Many drivers still like to talk to a local agent and that is a personal choice. One of the best bonuses of comparing insurance prices online is the fact that drivers can get cheap auto insurance quotes and still have an agent to talk to. Supporting local agents is especially important in Lexington.

Once you complete this quick form, your information is sent to insurance agents in Lexington that can provide free Lexington auto insurance quotes to get your business. There is no need to leave your computer since price quotes are sent immediately to you. You can get cheaper auto insurance rates and a licensed agent to talk to. If you want to compare rates for a specific company, you can always go to their quote page and fill out their quote form.

Compare rates from both independent and exclusive auto insurance agents

If you want to use a local insurance agency, there are two types of insurance agents to choose from. Agents can be categorized as either independent agents or exclusive agents depending on their employer.

Independent Auto Insurance Agents

Independent agencies are appointed with more than one company so they can insure your vehicles through many companies and help determine which has the cheapest rates. If your premiums go up, they can switch companies in-house which is easy for the insured.

When comparing auto insurance rates, you will want to include price quotes from at least one independent agent so that you have a good selection of quotes to compare.

Listed below are Lexington independent insurance agents that may be able to provide comparison quotes.

Al Jones Insurance Agency
274 Southland Dr, Suite #106ALexington, KY 40503(859) 276-0400View Map

271 W Short St # 304Lexington, KY 40507(859) 252-6691View Map

465 E High St #101Lexington, KY 40507(859) 253-6570View Map

View more Lexington agents

Exclusive Agents

Agents that elect to be exclusive can only provide pricing for a single company such as Allstate and State Farm. Exclusive agents cannot place coverage with different providers so they have no alternatives for high prices. Exclusive agents receive a lot of sales training on their products and sales techniques which helps offset the inability to provide other markets.

Below are Lexington exclusive insurance agents willing to provide rate quotes.

201 Ruccio Way #120Lexington, KY 40503(859) 276-4366View Map

1050 Chinoe Rd #100Lexington, KY 40502(859) 264-0246View Map

1010 Monarch St #250Lexington, KY 40513(859) 276-4422View Map

View more Lexington agents

Choosing the best insurance agent should depend on more than just the bottom line cost. These are some questions your agent should answer.

Best car insurance company in Kentucky

Buying coverage from a high-quality auto insurance provider can be a challenge considering how many choices drivers have in Lexington. The company ratings shown below could help you decide which providers you want to consider purchasing coverage from.

Top 10 Lexington Car Insurance Companies Ranked by Customer Service

  1. USAA
  2. Travelers
  3. AAA Insurance
  4. Nationwide
  5. Safeco Insurance
  6. Progressive
  7. State Farm
  8. The Hartford
  9. The General
  10. Esurance

The lowest rates come from being thorough

Some insurance companies may not provide online quoting and these regional insurance providers sell through local independent agents. The cheapest Chevy Suburban insurance in Lexington is possible online in addition to local insurance agencies, so compare prices from both in order to have the best price selection to choose from.

As you quote Lexington auto insurance, make sure you don’t reduce coverage to reduce premium. In many instances, someone sacrificed full coverage only to discover later that it was a big mistake. Your objective should be to purchase plenty of coverage at the best possible price.

In this article, we covered many ideas to compare Chevy Suburban insurance premium rates in Lexington. The key thing to remember is the more times you quote, the higher the chance of saving money. You may even be surprised to find that the best premium rates are with a small local company. These companies may only write in your state and offer lower prices compared to the large companies like Allstate, GEICO and Progressive.

More detailed car insurance information is available by following these links: