Want to save money and find more affordable Chevy Suburban insurance in Fort Wayne? Locating the cheapest insurance for your Chevy Suburban in Indiana could be difficult, but you can use the following methods to make it easier. There is a better way to buy auto insurance so you’re going to learn the best way to price shop coverage on a Chevy and find the lowest price from Fort Wayne insurance agents and online providers.
Unthinkable but true, a large majority of drivers in Indiana have purchased from the same company for well over three years, and about 40% of consumers have never compared quotes from other companies. U.S. insurance shoppers could save 47% a year just by getting comparison quotes, but most undervalue the benefits if they moved their coverage to a different company.
The auto insurance companies shown below have been selected to offer free quotes in Indiana. If you want the cheapest car insurance in Indiana, it’s a good idea that you visit several of them to get a more complete price comparison.
Fort Wayne car insurance discounts
Some insurance providers don’t list the entire discount list in a way that’s easy to find, so the following list contains some of the best known and the more hidden credits available to bring down your rates. If you do not check that you are getting every discount you qualify for, it’s possible you qualify for a lower rate.
- Federal Government Employee – Having worked for a branch of the government could qualify for a slight premium decrease with select insurance companies.
- Drive Safe and Save – Insureds who avoid accidents may receive a discount up to 45% than less cautious drivers.
- ABS and Traction Control Discounts – Cars that have steering control and anti-lock brakes have fewer accidents so you can save 10 percent or more.
- Telematics Discount – Insureds that choose to allow data collection to monitor driving habits remotely such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks if they show good driving skills.
- Paperwork-free – A handful of car insurance companies will provide an incentive for completing your application on the web.
- Discounts for New Vehicles – Putting insurance on a new Suburban can be considerably cheaper because newer models have to meet stringent safety requirements.
We need to note that most discount credits are not given to the entire policy premium. Most only reduce the cost of specific coverages such as liability, collision or medical payments. Despite the appearance that you can get free auto insurance, companies wouldn’t make money that way.
The diagram below shows the comparison of Chevy Suburban insurance costs with and without discounts applied. The data assumes a female driver, no accidents or driving violations, Indiana state minimum liability limits, comprehensive and collision 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-policy, multi-car, marriage, safe-driver, and homeowner discounts applied.
A few popular companies and their offered discounts are detailed below.
- Progressive includes discounts for multi-vehicle, multi-policy, homeowner, continuous coverage, good student, online quote discount, and online signing.
- The Hartford offers premium reductions for anti-theft, air bag, good student, bundle, defensive driver, and driver training.
- Mercury Insurance may have discounts that include location of vehicle, ease of repair, low natural disaster claims, annual mileage, and good student.
- GEICO may offer discounts for seat belt use, five-year accident-free, military active duty, anti-theft, multi-vehicle, defensive driver, and multi-policy.
- AAA offers discounts including multi-policy, good driver, AAA membership discount, good student, and pay-in-full.
- State Farm policyholders can earn discounts including Drive Safe & Save, student away at school, multiple policy, multiple autos, defensive driving training, good student, and Steer Clear safe driver discount.
If you want cheaper Fort Wayne auto insurance quotes, ask every insurance company which credits you are entitled to. Depending on the company, some discounts might not be offered on policies in Fort Wayne.
Data for Chevy Suburban insurance
The coverage information displayed next covers a range of insurance rates for Chevy Suburban models. Having insight into how premiums are established can assist in making decisions when shopping around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Suburban LS 2WD||$172||$230||$368||$22||$110||$902||$75|
|Suburban LT 2WD||$172||$230||$368||$22||$110||$902||$75|
|Suburban LS 4WD||$172||$230||$368||$22||$110||$902||$75|
|Suburban LT 4WD||$172||$230||$368||$22||$110||$902||$75|
|Suburban LTZ 2WD||$172||$270||$368||$22||$110||$942||$79|
|Suburban LTZ 4WD||$192||$270||$368||$22||$110||$962||$80|
|Get Your Own Custom Quote Go|
Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Information does not factor in Fort Wayne location which can raise or lower price quotes significantly.
Responsible drivers pay cheaper Fort Wayne insurance rates
The chart below shows how violations and at-fault fender-benders can affect Chevy Suburban insurance costs for each different age group. The information is based on a single male driver, comp and collision included, $1,000 deductibles, and no policy discounts are applied.
Chevrolet Suburban liability-only versus full coverage
The information below compares Chevy Suburban car insurance costs with full physical damage coverage and with liability coverage only. Data assumes no tickets, no at-fault accidents, $250 deductibles, drivers are single, and no discounts are applied to the premium.
Should you be buying full coverage?
There is no clear-cut rule of when to eliminate comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.
For example, let’s pretend your Chevy Suburban book value is $6,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would get paid by your company is $5,000 after paying your policy deductible. If you are paying over $500 a year for full coverage, then it might be time to consider dropping full coverage.
There are a few cases where only buying liability is not a good plan. If you still have a lienholder on your title, you have to maintain full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
What Determines Chevy Suburban Insurance Costs?
Many factors are used when premium rates are determined. Some are pretty understandable like an MVR report, although others are more obscure like your vehicle usage or how safe your car is. It’s important that you understand some of the factors that play a part in calculating your premiums. When you understand what determines premiums, this enables informed choices that could help you find cheaper rates.
Listed below are most of the major factors that factor into your prices.
Age of drivers impacts costs – Older people are more cautious drivers, tend to cause fewer accidents, and are safer drivers. Beginning drivers are statistically shown to be more careless when driving and because of this, their auto insurance rates are much higher.
The chart below assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.
Too many insurance claims and you’ll pay more – If you file a lot of claims you shouldn’t be surprised to get increased rates or even have your policy non-renewed. Auto insurance companies in Indiana generally give discounts to people who are claim-free. Your car insurance is intended for claims that you cannot pay yourself.
High performance equals high rates – The performance level of the vehicle you are buying insurance for makes a huge difference in the rate you pay. Lower performance four cylinder passenger cars normally have pretty low rates, but many other things help determine your insurance rates.
The following data assumes a married female driver age 50, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Chevrolet Suburban policy rates compared to other vehicles that have a range of risk factors.
Annual mileage and car insurance costs – Driving a lot of miles in a year the more you’ll pay to insure it. Many insurance companies rate vehicles based on their usage. Cars and trucks that sit idle most of the time cost less to insure compared to those used for work or business. An improperly rated Suburban may be costing you. It’s a good idea to make sure your auto insurance coverage is showing the correct driver usage.
Advanced alarms and GPS tracking – Driving a car that has an advanced theft prevention system can help lower your premiums. Systems that thwart thieves such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft and help bring rates down.
Chevy Suburban historical loss data – Insurance companies use statistical claims data to calculate a rate that offsets possible losses. Vehicles that statistically have higher claim amounts or frequency will cost more for specific coverages. The data below shows the historical insurance loss data for Chevy Suburban vehicles.
For each coverage category, the loss probability for all vehicles as a whole equals 100. Values that are under 100 represent a good loss history, while percentages above 100 point to more claims or an increased likelihood of larger losses.
|Vehicle 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
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years