How to Get the Absolute Lowest Rates When Comparing Insurance for a Chevy Tahoe

Have you had enough of paying out the nose to pay your car insurance bill each month? You are in the same boat as most other car owners.

Companies like State Farm, Farmers Insurance, GEICO and Allstate all promote huge savings with advertising and it can be hard to see through the cute green geckos and mayhem and find the best price available.

You should make it a habit to do rate comparisons once or twice a year because rates change quite often. Despite the fact that you may have had the lowest rates on Tahoe coverage two years ago other companies may now be cheaper. Starting now, forget anything you know (or think you know) about auto insurance because you’re about to learn the right way to find better rates and still maintain coverage.

If you have car insurance now, you will be able to cut costs considerably using these techniques. Finding affordable coverage is quite easy. But car owners can benefit from knowing how insurance companies compete online and apply this information to your search.

Why your Chevy Tahoe insurance rates may be high

Consumers need to have an understanding of the different types of things that go into determining the price you pay for auto insurance. Understanding what influences your rates allows you to make educated decisions that could result in better auto insurance rates.

Listed below are a partial list of the pieces companies use to determine premiums.

• Safer cars cost less to insure – Vehicles with good safety scores are cheaper to insure. Safer cars have better occupant injury protection and any reduction in injury severity means less money paid by your insurance company and lower rates for you. If your Chevy Tahoe is rated at least four stars on Safercar.gov you are probably receiving a discount.
• Better credit scores mean better rates – A driver’s credit score is a important factor in determining your rates. Drivers with high credit scores tend to file fewer claims and have better driving records than drivers with lower credit scores. If your credit rating is low, you could potentially save money when insuring your Chevrolet Tahoe by repairing your credit.
• Where you live can impact rates – Residing in a rural area is a positive aspect when buying auto insurance. Drivers who live in large cities have to deal with more traffic problems and a longer drive to work. Lower population means fewer accidents as well as less vandalism and auto theft.
• Multiple policies with one company can save – The majority of insurers will give a discount to insureds who buy several policies from them such as combining an auto and homeowners policy. This can amount to five, ten or even twenty percent. If you currently are using one company, it’s still a good idea to comparison shop to ensure the best deal.
• Claim-free discounts can add up – If you are a frequent claim filer, you can pretty much guarantee either policy cancellation or increased premiums. Insurance companies award better rates to insureds who do not file claims often. Your insurance policy is meant to be used in the event of the large, substantial claims.

Lots of discounts mean lots of savings

Car insurance companies don’t always list all their discounts very clearly, so the following is a list of both well-publicized and the harder-to-find ways to save on auto insurance.

• Discount for Swiching Early – Some insurance companies reward drivers for signing up prior to your current policy expiration. The savings is around 10%.
• Safety Course Discount – Successfully completing a defensive driving course could save 5% or more if your company offers it.
• Own a Home – Being a homeowner can save you money because of the fact that having a home requires personal responsibility.
• Multiple Vehicles – Buying coverage for multiple vehicles with the same company can get a discount on all vehicles.
• Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
• E-sign – Certain companies give back up to $50 just for signing your application online.
• Auto/Life Discount – Some companies give lower rates if you buy a life insurance policy as well.
• Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums on Tahoe coverage.
• Student in College – Any of your kids who live away from home and do not have a car can receive lower rates.

Consumers should know that some credits don’t apply to the entire cost. Some only reduce specific coverage prices like comp or med pay. So when the math indicates having all the discounts means you get insurance for free, it doesn’t quite work that way.

To choose providers with discount auto insurance rates, click this link.

What if I want to buy from a local agent?

Some consumers just want to sit down with an agent and that is OK! The best thing about comparing insurance prices online is the fact that you can find the best rates and still choose a local agent.

After filling out this simple form, the coverage information is instantly submitted to insurance agents who will give you bids to get your business. You won’t need to even leave your home due to the fact that quote results will go immediately to your email address. Now that’s easy! It’s the lowest rates and a licensed agent to work with.

Picking a company shouldn’t rely on just a low price. Any agent should be forthright in answering these questions:

• Do they assist clients in filing claims?
• Does the agency provide any after hours assistance?
• Is vehicle mileage a factor when determining depreciation for repairs?
• Do they carry Errors and Omissions coverage?
• Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
• What is the agency’s Better Business Bureau rating?
• Are they full-time agents?
• How often do they review policy coverages?

Types of car insurance agents

When searching for a reputable insurance agent or broker, there are two different agency structures from which to choose. Insurance agencies are categorized either independent (non-captive) or captive.

Captive Insurance Agents

Captive agencies work for only one company such as AAA, Allstate and State Farm. These agents are not able to compare other company’s rates so they have no alternatives for high prices. Captives are usually quite knowledgeable on their products and sales techniques which can be an advantage.

Independent Insurance Agents

Independent insurance agents are not required to write business for one company so they have the ability to put coverage amongst many companies and possibly get better coverage at lower prices. To move your coverage to a new company, an independent agent can move your coverage and you won’t have to switch agencies.

When shopping rates, we recommend you get quotes from multiple independent agents for maximum quote selection.

For a complete listing of insurance agents, click here.

Upon getting good answers for all questions you ask in addition to an acceptable price estimate, you’ve probably found an insurance agency that meets your needs to insure your vehicles.

Do auto insurance companies bend the truth?

Companies like Progressive, Allstate and GEICO continually stream television and radio advertisements. All the ads make the same claim of big savings after switching to their company. But how can every company make almost identical claims? It’s all in the numbers.

Different companies are able to cherry pick for the type of customer that is profitable for them. For example, a profitable customer might be profiled as between 30 and 50, owns a home, and has a short commute. Any new insured that hits that “sweet spot” receives the best rates and most likely will save a lot of money.

Drivers who are not a match for the “perfect” profile must pay higher prices and ends up with the driver buying from a lower-cost company. The ads say “customers who switch” not “everybody who quotes” save money. That’s the way insurance companies can advertise the savings. This illustrates why you should get a wide range of price quotes. It’s not possible to predict which company will have the lowest rates.

How do I know if I need professional advice?

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every insured’s situation is different and your policy should reflect that. For example, these questions may help you determine if you would benefit from professional advice.

• When should I not file a claim?
• Do I need roadside assistance coverage?
• I have good health insurance, so how much medical payments coverage do I need?
• Can I afford low physical damage deductibles?
• Does my Chevy Tahoe need full coverage?
• When should I drop full coverage on my Chevy Tahoe?
• What companies insure drivers after a DUI or DWI?
• How do I file an SR-22 for a DUI in my state?
• Is my dog or cat covered if injured in an accident?

If you don’t know the answers to these questions then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of auto insurance companies in your area.

A tidy conclusion

Discount Chevy Tahoe insurance is definitely available from both online companies and with local insurance agents, and you should be comparing both in order to have the best price selection to choose from. There are still a few companies who do not offer online price quotes and these small, regional companies work with independent agents.

We covered a lot of techniques to save on Chevy Tahoe insurance. It’s most important to understand that the more you quote, the better chance you’ll have of finding lower rates. You may even find the lowest priced auto insurance comes from the smaller companies. These smaller insurers may only write in your state and offer lower rates compared to the large companies like Allstate or State Farm.