Lower Your 2016 Chevrolet Tahoe Car Insurance Rates

Are you baffled by the sheer number of insurance coverage providers available to you? Lot’s of other drivers are too. People have so many providers available that it can be a challenge to find lower rates.

Consumers need to do rate comparisons as often as possible because prices are constantly changing. Even if you think you had the lowest price for Tahoe coverage a few years ago you will most likely find a better rate today. Ignore everything you know about insurance coverage because I’m going to teach you the easiest way to save money, get proper coverage and the best rates.

How insurance companies determine Chevy Tahoe insurance premiums

Many things are considered when you quote your car insurance policy. A few of the factors are predictable like an MVR report, although some other factors are less obvious like your continuous coverage and annual miles driven.

  • Multi-policy discounts can save money – Most major insurance companies give lower prices for people who consolidate policies with them, otherwise known as a multi-policy discount. Discounts can add up to ten or even up to twenty percent in some cases. Even if you already get this discount, you still need to compare other insurance prices to verify if the discount is saving money. It’s possible to still save money by buying auto insurance from a different company.
  • Annual mileage and car insurance rates – The higher the miles on your Chevy in a year’s time the higher your rate. Most insurance companies charge to insure your cars based upon how much you drive. Cars and trucks that sit idle most of the time get more affordable rates than vehicles that are driven to work every day. Having the wrong rating on your Tahoe is throwing money out the window. Verify your vehicle rating properly reflects the correct driver usage, because improper ratings can cost you money.
  • Gender and car insurance – Statistics demonstrate females are less aggressive when driving. It does not mean females are better at driving than males. Males and females tend to get into fender benders at a similar rate, but men tend to have more serious accidents. Men also get higher numbers of serious violations such as DWI and reckless driving.
  • Single vs. married – Having a wife or husband helps lower the price when shopping for auto insurance. It translates into being more responsible and insurance companies like that married drivers tend to have fewer serious accidents.

How to shop auto insurance online

All the larger auto insurance companies allow consumers to get pricing on the web. The process is pretty painless as you just enter your personal and coverage information as requested by the quote form. Behind the scenes, their rating system automatically orders your driving record and credit report and generates a price based on many factors.

Being able to quote online helps simplify price comparisons, but the process of having to visit each company’s website and repetitively type in your information can be a bit tiresome and repetitive. But it’s necessary to compare as many rates as possible in order to get better prices.

A more efficient way to lower your auto insurance bill uses one form that obtains quotes from several different companies. It saves time, eliminates form submissions, and makes online quotes a little more enjoyable. Immediately after submitting the form, your coverage is rated with multiple companies and you can pick any or none of the quote results. If one or more price quotes are lower than your current rates, you can simply submit the application and purchase the new policy. The entire process only takes a few minutes and you will know how your current rates stack up.

To find out how much you can save on auto insurance, simply click here to open in new window and complete the simple form. If you currently have coverage, we recommend you enter coverages and limits as shown on your current policy. This makes sure you will have a rate comparison based on similar coverages.

Save a ton by taking advantage of discounts

Car insurance is expensive, but companies offer discounts that many consumers don’t even know exist. Certain credits will be shown at the time you complete a quote, but some may not be applied and must be asked for in order for you to get them. If you do not double check each discount you deserve, you could be getting lower rates.

  • Driver Safety – Completing a defensive driver class could earn you a small percentage discount and also improve your driving technique.
  • Driver’s Education for Students – Cut your cost by having your teen driver participate in a local driver’s education class in school or through a local driver safety program.
  • Seat Belts Save more than Lives – Requiring all passengers to wear their seat belts can save a little on the medical payments or PIP coverage costs.
  • Good Students Pay Less – Performing well in school could provide a savings of up to 20% or more. The discount lasts up until you turn 25.
  • Accident-Free Discounts – Insureds who avoid accidents and claims pay less in comparison to accident-prone drivers.
  • Telematics Data Discounts – Drivers that enable data collection to monitor vehicle usage by using a telematic data system such as Drivewise from Allstate or Snapshot from Progressive could save a few bucks if they show good driving skills.
  • 55 and Retired – If you qualify as a senior citizen, you may receive a slight reduction on a insurance coverage quote for Tahoe coverage.
  • Save with a New Car – Adding a new car to your policy can get you a discount due to better safety requirements for new vehicles.
  • Homeowners Savings – Being a homeowner can earn you a little savings since home ownership requires personal responsibility.
  • Responsible Driver Discount – Accident-free drivers can save up to 40% or more on their insurance coverage quote for Tahoe coverage compared to rates paid by drivers with frequent claims.

It’s important to note that most discounts do not apply to all coverage premiums. Most only reduce specific coverage prices like comp or med pay. So even though it sounds like adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

Some of the insurance companies who might offer some of the discounts shown above may include but are not limited to:

Before buying, ask each company the best way to save money. Some credits might not apply in your area. If you would like to view insurance companies with the best car insurance discounts, follow this link.

How much car insurance do I need?

When buying coverage, there really is no “perfect” insurance plan. Everyone’s needs are different.

For instance, these questions may help highlight if your insurance needs would benefit from professional advice.

  • Should I buy only the required minimum liability coverage?
  • If my 2016 Chevy Tahoe is totaled, can I afford another vehicle?
  • When do I need to add a new car to my policy?
  • Am I better off with higher deductibles on my 2016 Chevy Tahoe?
  • Why do I need rental car insurance?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I need higher collision deductibles?
  • Does my policy cover my teen driver if they drive my company car?
  • What companies insure drivers after a DUI or DWI?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Insurance coverages and their meanings

Learning about specific coverages of insurance helps when choosing the best coverages for your vehicles. Insurance terms can be ambiguous and reading a policy is terribly boring.

UM/UIM Coverage – This coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Chevy Tahoe.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a building, hitting a mailbox and damaging your car on a curb. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as EMT expenses, ambulance fees and rehabilitation expenses. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision – This coverage covers damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as falling objects, damage from a tornado or hurricane, damage from flooding and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability – Liability coverage protects you from injuries or damage you cause to other’s property or people that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like medical services, pain and suffering and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.

More quotes mean more savings

We just presented a lot of tips how to shop for 2016 Chevy Tahoe insurance online. The most important thing to understand is the more times you quote, the better your chances of lowering your premium rates. You may be surprised to find that the biggest savings come from a smaller regional carrier.

When you buy insurance coverage online, make sure you don’t sacrifice coverage to reduce premiums. In too many instances, drivers have reduced uninsured motorist or liability limits only to discover later that it was a big error on their part. Your goal should be to buy a smart amount of coverage at the best possible price.

Some insurance providers do not offer rate quotes online and usually these smaller companies only sell through local independent agencies. Cheaper 2016 Chevy Tahoe insurance is attainable from both online companies and also from your neighborhood agents, and you should compare rates from both to have the best selection.

Additional auto insurance information can be found at these links: