Cheapest Insurance for a Chevy Suburban in Fresno

The easiest way to save money on Chevy Suburban insurance in Fresno is to start doing an annual price comparison from insurance carriers in California.

• Step 1: Learn about auto insurance and the measures you can take to keep rates low. Many rating criteria that cause high rates such as traffic tickets, fender benders, and a less-than-favorable credit rating can be eliminated by making minor changes in your lifestyle.
• Step 2: Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like GEICO and State Farm, while independent agents can quote rates from multiple sources.
• Step 3: Compare the new quotes to your existing coverage to see if a cheaper price is available. If you can save some money and make a switch, make sure there is no coverage gap between policies.
• Step 4: Provide notification to your current company of your intention to cancel your current car insurance policy. Submit payment along with a signed and completed policy application to the new company. Once the application is submitted, keep your new certificate of insurance with the vehicle registration.

One thing to point out is to use identical coverage information on each price quote and and to look at every company you can. This guarantees a fair price comparison and many rates to choose from.

It’s shocking but 70% of consumers have purchased from the same company for over three years, and approximately 40% of consumers have never compared rate quotes at all. Fresno drivers can save $469 each year, but they mistakenly think it’s difficult to do a rate comparison.

If you’re already insured, you stand a good chance to be able to reduce the price you pay using the concepts you’re about to learn. Our goal is to help you learn how auto insurance companies operate and how to save the most money. But California car owners should learn the way companies determine premium rates because it can help you find the best coverage.

There are several ways to compare quotes from many different California insurance companies. The recommended way to find competitive insurance rates consists of shopping online.

When price shopping your coverage, comparing more prices increases the chance that you will find more affordable insurance.

The companies shown below provide free rate quotes in California. To locate the best cheap car insurance in Fresno, we suggest you get rate quotes from several of them to get a more complete price comparison.

Why do I need car insurance?

Even though it can be expensive, insuring your vehicle is not optional due to several reasons.

• The majority of states have mandatory liability insurance requirements which means state laws require specific minimum amounts of liability insurance in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you have a lien on your Chevy Suburban, most lenders will stipulate that you have physical damage coverage to ensure they get paid if you total the vehicle. If the policy lapses, the bank will be required to insure your Chevy for a much higher rate and require you to pay the higher price.
• Insurance preserves both your Chevy and your assets. It also can pay for hospital and medical expenses that are the result of an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay to repair the damage minus the deductible amount.

The benefits of buying enough insurance are without a doubt worth the cost, especially for larger claims. The average driver in California is wasting up to $750 every year so you should quote and compare rates every year to help ensure money is not being wasted.

Chevy Suburban insurance statistics and information

The price information displayed below showcases estimates of coverage prices for Chevy Suburban models. Having a better understanding of how insurance prices are established can be valuable when making smart choices when selecting a policy.

Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Premium amounts do not factor in vehicle garaging location which can change auto insurance rates considerably.

Deductible analysis

One of the more difficult decisions when buying car insurance is how high or low should comp and collision deductibles be. The rates below may help to illustrate the rate differences of buying low and high physical damage deductibles. The first rate quote example uses a $250 physical damage deductible and the second set of prices uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Rate information does not factor in the specific area where the vehicle is garaged which can alter rates significantly.

Based on the figures above, using a $250 deductible will cost you about $18 more each month or $216 for a full year than buying the higher $500 deductible. Since you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you have at a minimum 14 months between claims, you would probably come out ahead if you opt for a higher deductible.

The example below illustrates how your choice of deductibles and can increase or decrease Chevy Suburban insurance costs for each age group. The price estimates are based on a single male driver, comp and collision included, and no additional discounts are factored in.

Car insurance rates by age and gender in Fresno

The illustration below shows the difference between Chevy Suburban insurance prices for male and female drivers. The premiums are based on no tickets, no at-fault accidents, full coverage, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.

Should you buy full coverage?

The illustration below shows the difference between Chevy Suburban yearly insurance costs with full coverage compared to only the California minimum liability coverage. The price estimates are based on no claims, a clean driving record, $500 deductibles, single marital status, and no discounts are applied.

When to drop comp and collision

There is no definitive formula of when to phase out physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than 10% of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Chevy Suburban replacement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $7,000 after paying your policy deductible. If you are currently paying more than $700 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some circumstances where dropping full coverage is not a good idea. If you still owe a portion of the original loan, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not opt for liability only.

Discount Fresno car insurance rates

Companies that sell car insurance don’t always publicize all available discounts in a way that’s easy to find, so the list below gives a summary of a few of the more well known and the more hidden savings tricks you should be using when you buy Fresno auto insurance online.

• Braking Control Discount – Cars, trucks, and SUVs that have steering control and anti-lock brakes are safer to drive so you can save 10 percent or more.
• Passive Restraints – Factory air bags or automatic seat belts may get savings as much as 30%.
• Accident Forgiveness Coverage – This one isn’t a discount, but a few companies such as GEICO and Liberty Mutual will allow you to have one accident without the usual rate increase so long as you are claim-free for a particular time prior to the accident.
• No Claims – Insureds with no claims or accidents can earn big discounts as opposed to drivers who are more careless.
• Senior Citizens – Older drivers may receive a slight reduction on a Fresno auto insurance quote.
• Telematics Discount – Drivers that enable driving data submission to spy on driving patterns by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system could see a rate decrease if their driving habits are good.
• Distant College Student Discount – Kids who are enrolled in a college that is more than 100 miles from Fresno and don’t have a car could qualify for this discount.
• Good Students Pay Less – A discount for being a good student can be rewarded with saving of up to 25%. Many companies even apply the discount to college students until age 25.
• Government Employee Discount – Employees or retirees of the government could qualify for a slight premium decrease depending on your car insurance provider.

Drivers should understand that most discounts do not apply the whole policy. Most only reduce individual premiums such as collision or personal injury protection. Despite the appearance that it’s possible to get free car insurance, car insurance companies aren’t that generous.

The diagram below illustrates the difference between Chevy Suburban car insurance costs with and without discounts applied. The data is based on a female driver, no claims or violations, California state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, multi-car, claim-free, and multi-policy discounts applied.

Large car insurance companies and some of the premium reductions they offer include:

• Progressive includes discounts for homeowner, good student, multi-vehicle, continuous coverage, and online signing.
• The Hartford offers discounts including driver training, anti-theft, defensive driver, vehicle fuel type, bundle, and good student.
• Mercury Insurance discounts include professional/association, type of vehicle, ease of repair, good student, good driver, and accident-free.
• GEICO offers premium reductions for anti-theft, driver training, five-year accident-free, multi-policy, federal employee, multi-vehicle, and seat belt use.
• AAA policyholders can earn discounts including AAA membership discount, good student, good driver, anti-theft, multi-car, and pay-in-full.
• State Farm may offer discounts for passive restraint, accident-free, good driver, good student, driver’s education, defensive driving training, and Steer Clear safe driver discount.

Double check with each insurance company how many discounts you can get. Some discounts listed above may not apply in Fresno. To find insurers with significant discounts in Fresno, click here to view.

California auto insurance company ratings

Finding a high-quality company can be a challenge considering how many companies provide coverage in Fresno. The ranking information below may help you choose which auto insurance companies you want to consider comparing rates with.

Top 10 Fresno Car Insurance Companies Ranked by Value

1. USAA
2. American Family
3. The Hartford
4. AAA of Southern California
5. Titan Insurance
6. The General
7. AAA Insurance
8. State Farm
9. Mercury Insurance
10. Nationwide