Auto Insurance Quotes for a Chevy Suburban in Jacksonville

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Chevy Suburban insurance image courtesy of QuoteInspector.com

Truthfully, the best way to quote cheaper Chevy Suburban insurance in Jacksonville is to start comparing prices yearly from insurers in Florida.

First, get an understanding of how auto insurance works and the things you can change to prevent high rates. Many rating factors that are responsible for high rates such as getting speeding tickets and a substandard credit score can be remedied by making minor driving habit or lifestyle changes.

Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from one company like GEICO or State Farm, while independent agencies can quote prices from multiple insurance companies.

Third, compare the new rate quotes to your current policy to see if a cheaper price is available in Jacksonville. If you find a lower rate quote and buy the policy, make sure coverage is continuous and does not lapse.

A good tip to remember is to use identical coverage information on each quote and and to look at as many carriers as you can. This ensures the most accurate price comparison and many rates to choose from.

Discount Chevy Suburban insuranceIt's an obvious statement that auto insurance companies want to prevent you from shopping around. People who shop around for a cheaper policy will presumably switch to a new company because the odds are good of finding good coverage at a lower price. A study discovered that people who routinely shopped for cheaper coverage saved an average of $70 a month compared to people who never compared other company's rates.

If finding the lowest rates on car insurance in Jacksonville is the reason you're here, then learning about the best way to quote and compare insurance premiums can make it easier for you to save money.

Locating the best rates in Jacksonville is actually not that difficult if you follow our advice. If you have a policy now, you will surely be able to lower your rates using the following tips. Smart shoppers just need to understand the most effective way to shop online.

Getting a cheaper price on Chevy Suburban insurance is a great way to save money. Drivers just need to take a few minutes to get quotes provided by online insurance companies.

The companies in the list below can provide comparison quotes in Jacksonville, FL. If multiple companies are shown, it's a good idea that you visit as many as you can in order to get a fair rate comparison.

Cheaper rates by taking advantage of discounts

Car insurance can cost a lot, but companies offer discounts that can help lower your rates. Many of these discounts will be applied automatically when you quote, but once in a while a discount must be asked about before you will receive the discount.Car insurance discounts

  • Discount for Swiching Early - A few larger companies allow discounts for switching to them early. Ten percent is about the average savings.
  • Accident Waiver - This one is not really a discount per se, but some insurance companies permit an accident before they charge you more for coverage as long as you don't have any claims before the accident.
  • E-sign Discounts - Many larger companies will give a small break for buying your policy online.
  • Professional Organizations - Affiliation with specific professional or occupational memberships or organizations is a simple method to lower premiums on your bill.
  • Seat Belts Save more than Lives - Buckling up and requiring all passengers to buckle their seat belts could save 15% on the premium charged for medical payments and/or PIP.

You should keep in mind that most discount credits are not given to the entire policy premium. Some only reduce the cost of specific coverages such as comprehensive or collision. Despite the appearance that having all the discounts means you get insurance for free, companies don't profit that way.

The information below shows the difference between Chevy Suburban yearly insurance costs with and without some available policy discounts. Data assumes a male driver, no tickets, no at-fault accidents, Florida state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, safe-driver, multi-policy, homeowner, and multi-car discounts applied.

To see a list of companies with the best discounts in Jacksonville, follow this link.

Coverage statistics and figures

The information displayed below showcases different insurance prices for Chevy Suburban models. Knowing how insurance premiums are figured can benefit drivers when making smart choices when purchasing an auto insurance policy.

Chevrolet Suburban Insurance Rates in Jacksonville, FL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $256 $342 $546 $32 $164 $1,340 $112
Suburban LT 2WD $256 $342 $546 $32 $164 $1,340 $112
Suburban LS 4WD $256 $342 $546 $32 $164 $1,340 $112
Suburban LT 4WD $256 $342 $546 $32 $164 $1,340 $112
Suburban LTZ 2WD $256 $402 $546 $32 $164 $1,400 $117
Suburban LTZ 4WD $286 $402 $546 $32 $164 $1,430 $119
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Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Price estimates do not factor in zip code location which can modify auto insurance rates substantially.

Deductible comparison

One of the most common insurance questions is how high should the physical damage deductibles be. The tables below outline the rate difference between low and high coverage deductibles. The first rate comparisons uses a $100 physical damage coverage deductible and the second rate chart 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 $406 $648 $418 $24 $124 $1,645 $137
Suburban LT 2WD $406 $648 $418 $24 $124 $1,645 $137
Suburban LS 4WD $406 $648 $418 $24 $124 $1,645 $137
Suburban LT 4WD $406 $648 $418 $24 $124 $1,645 $137
Suburban LTZ 2WD $406 $764 $418 $24 $124 $1,761 $147
Suburban LTZ 4WD $452 $764 $418 $24 $124 $1,807 $151
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Chevrolet Suburban insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Suburban LS 2WD $296 $438 $418 $24 $124 $1,300 $108
Suburban LT 2WD $296 $438 $418 $24 $124 $1,300 $108
Suburban LS 4WD $296 $438 $418 $24 $124 $1,300 $108
Suburban LT 4WD $296 $438 $418 $24 $124 $1,300 $108
Suburban LTZ 2WD $296 $516 $418 $24 $124 $1,378 $115
Suburban LTZ 4WD $330 $516 $418 $24 $124 $1,412 $118
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Price estimates do not factor in specific zip code location which can lower or raise coverage prices greatly.

We can estimate from the data above that using a $100 deductible costs approximately $30 more each month or $360 a year across all Chevrolet Suburban models than requesting the higher $500 deductible. Due to the fact that you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at least 13 months between claim filings, you would probably be better off if you opt for a higher deductible.

Calculate deductible break even point

Average monthly premium for $100 deductibles: $141
Average monthly premium for $500 deductibles (subtract): - $111
Monthly savings from raising deductible: $30
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $30
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

The chart below illustrates how your choice of deductibles and can impact Chevy Suburban premium costs for different insured age categories. The premium estimates are based on a married female driver, comp and collision included, and no additional discounts are factored in.

Impact of citations and accidents on insurance rates

The information below demonstrates how citations and accidents can raise Chevy Suburban insurance premiums for different age categories. Data assumes a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.

Cost difference between full coverage and liability

The chart below shows the difference between Chevy Suburban insurance costs with full coverage compared to only the Florida minimum liability coverage. The rates are based on no tickets, no at-fault accidents, $1,000 deductibles, single marital status, and no discounts are taken into consideration.

When to stop buying full coverage

There is no exact rule to stop buying comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the annual cost of having full coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.

For example, let's pretend your Chevy Suburban replacement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after paying your policy deductible. If premium cost is more than $800 annually for your policy with full coverage, then you may need to consider dropping full coverage.

There are some cases where buying only liability insurance is not a good idea. If you still have a lienholder on your title, you are required 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 keep full coverage in place.

Are auto insurance agents used anymore?

Some consumers just want to buy from a licensed agent. Licensed agents can make sure you are properly covered and help submit paperwork. An additional benefit of comparing auto insurance online is that you can find the lowest rates and still have a local agent.

To make it easy to find an agent, after completing this simple form, the coverage information is sent to agents in your area that can give you free Jacksonville auto insurance quotes for your coverage. It makes it easy because there is no need to search for any insurance agencies since price quotes are sent to you instantly. If you wish to quote rates from a specific auto insurance provider, feel free to visit that company's website and complete a quote there.

Picking the best provider requires more thought than just the price. These are some questions your agent should answer.

  • Will a damage claim use OEM or aftermarket replacement parts?
  • Do they make recommendations based only on price?
  • Do they regularly work with personal auto policies in Jacksonville?
  • Do they have any clout with companies to ensure a fair claim settlement?
  • Do they review policy coverages at every renewal?
  • Which companies do they recommend if they are an independent agency?
  • What discounts might you be missing?

If you are searching for a good Jacksonville insurance agent, you need to know there are two types of agencies and how they are slightly different. Auto insurance agencies can be classified as either independent agents or exclusive agents. Both types can insure your vehicles, but it's important to point out the difference in the companies they write for since it may influence the kind of agent you use.

Exclusive Auto Insurance Agencies

Agents in the exclusive channel can only provide pricing for a single company such as State Farm or Allstate. They usually cannot compare other company's rates so they have no alternatives for high prices. Exclusive agencies receive a lot of sales training on their products and sales techniques which helps overcome the inability to quote other rates. Some insured continue to use the same exclusive agent mainly due to the brand legacy and strong financial ratings.

Listed below is a short list of exclusive agencies in Jacksonville who can help you get price quotes.

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Independent Agents (or Brokers)

These type of agents do not write with just one company so they can quote policies with many different companies and potentially find a lower price. If premiums increase, they simply move your policy to a different company which requires no work on your part.

When searching for an agent, you will definitely want to compare prices from at a minimum one independent agency to get the most accurate price comparison. They often place coverage with mutual insurance companies which may provide better rates.

Shown below are independent agents in Jacksonville that are able to give price quotes.

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Informed Consumers Save More

Multiple criteria are used in the calculation when you quote your car insurance policy. A few of the factors are predictable like your driving record, but other criteria are more transparent like your vehicle usage or your vehicle rating.

The following are some of the items that factor into your prices.

  • Better prices on safer cars - Vehicles with good safety scores tend to have lower insurance rates. The safest vehicles reduce the chance of injuries and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates.
  • Vehicle features can affect rates - Purchasing a vehicle that has an advanced theft prevention system can help lower your rates. Anti-theft devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help prevent auto theft and help lower rates.
  • Insurance rates in urban areas - Residing in small towns and rural areas has definite advantages when shopping for auto insurance. Fewer people means fewer accidents and also fewer theft and vandalism claims. City drivers tend to have more traffic problems and more severe claims. The longer drive time means a statistically higher chance of an accident.
  • Continuous coverage saves money - Not having insurance is a big no-no and you may have a hard time finding new coverage because you let your insurance coverage expire. And not only will your rates increase, failure to provide proof of insurance will get you a steep fine or even jail time. Then you may be required to submit proof of financial responsibility or a SR-22 with the Florida DMV.
  • Premiums for men may be higher - Statistics have proven that women are safer drivers than men. However, don't assume that males are worse at driving than females. Men and women are responsible for auto accidents in similar numbers, but the male of the species get into accidents with more damage. In addition to higher claims, males also get cited for more serious violations like DUI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and thus pay the highest rates.

    The chart below visualizes the comparison of Chevy Suburban annual premium costs for male and female drivers. The rates are based on no accidents or driving violations, full coverage, $500 deductibles, marital status is single, and no additional discounts are factored in.

  • Rental and towing coverage may not be needed - Insurance policies have a lot of extra bells and whistles that can waste your money if you don't pay attention. Add-on coverages like roadside assistance, accidental death, and additional equipment coverage may be wasting your money. The coverages may be enticing initially, but if you've never needed them in the past get rid of them and save.
  • Rates may be lower depending on your job - Occupations like doctors, airline pilots, and miners generally have the highest rates attributed to stressful work requirements and incredibly demanding work hours. On the flip side, professions such as actors, athletes and homemakers generally pay rates lower than average.
  • Premiums are high for teenagers - Youthful drivers in Florida are proven to be less responsible in a vehicle therefore car insurance rates are much higher. If you've ever had to add a first-time driver onto a policy will cause a huge premium hike. Mature drivers tend to be more responsible, cost insurance companies less in claims, and are safer drivers.

    The next chart assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.

  • Insurance loss data for Chevy Suburban vehicles - Companies use historical loss data in order to profitably underwrite each model. Models that statistically have higher claim amounts or frequency will have increased rates. The table shown below demonstrates the actual insurance loss data for Chevy Suburban vehicles.

    For each policy coverage, the claim amount for all vehicles combined as an average equals 100. Percentage numbers below 100 are indicative of better than average losses, while numbers shown that are more than 100 show a trend for more claims or an increased likelihood of larger losses.

    Car Insurance Loss Data for Chevrolet Suburban Models
    Specific Chevrolet 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
    Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Choosing Chevy Suburban insurance is an important decision

Despite the fact that auto insurance is not cheap in Jacksonville, paying for auto insurance may be required for several reasons.

  • Most states have mandatory insurance requirements which means you are required to buy specific limits of liability insurance if you don't want to risk a ticket. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
  • If your Chevy Suburban has a lienholder, it's guaranteed your bank will force you to buy insurance to guarantee payment of the loan. If coverage lapses or is canceled, the bank may insure your Chevy at a more expensive rate and force you to pay the higher price.
  • Insurance safeguards not only your car but also your financial assets. It will also reimburse you for hospital and medical expenses incurred in an accident. As part of your policy, liability insurance will also pay attorney fees if someone files suit against you as the result of an accident. If you have damage to your Chevy as the result of the weather or an accident, your policy will pay to repair the damage minus the deductible amount.

The benefits of carrying enough insurance outweigh the cost, especially if you ever need it. According to a survey of 1,000 drivers, the average driver overpays more than $855 a year so you should quote rates at every renewal to ensure rates are inline.

More effort can pay off

Cheaper car insurance in Jacksonville can be sourced online 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 provide the ability to get quotes online and many times these regional carriers work with independent agencies.

We've covered a lot of ways to get a better price on Chevy Suburban insurance in Jacksonville. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers could even find that the lowest prices come from a smaller regional carrier.

Insureds change insurance companies for a variety of reasons including extreme rates for teen drivers, poor customer service, policy cancellation or denial of a claim. It doesn't matter why you want to switch finding the right car insurance provider can be pretty painless.

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