Truthfully, the best way to get the cheapest auto insurance rates is to do a yearly price comparison from insurers who can sell car insurance in Detroit. This can be done by completing these steps.
Step 1: Take a few minutes and learn about how insurance companies determine prices and the measures you can control to keep rates in check. Many things that increase rates such as traffic tickets, fender benders, and an imperfect credit history can be eliminated by paying attention to minor details. This article provides the details to help prevent expensive coverage and get additional discounts that may be available.
Step 2: Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only provide price estimates from a single company like GEICO or State Farm, while agents who are independent can provide prices from multiple sources. Click to view companies
Step 3: Compare the new quotes to the premium of your current policy to see if a cheaper price is available in Detroit. If you can save some money and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
The key thing to remember is that you’ll want to make sure you compare the same amount of coverage on each quote and and to get price estimates from as many companies as possible. Doing this helps ensure a fair price comparison and the best price quote selection.
It’s well known that insurance companies want to keep your business as long as possible. Drivers who shop around for cheaper price quotes will probably buy a new policy because they have a good chance of finding discount prices. A recent survey revealed that consumers who regularly compared price quotes saved about $850 each year compared to people who never compared rates.
If finding budget-friendly auto insurance is your ultimate objective, then knowing the best way to quote and compare insurance rates can make the process less intimidating.
Finding cheap Chevy Suburban auto insurance prices is a great way to save money. You just have to spend a few minutes comparing free Detroit auto insurance quotes to discover which company has low cost Detroit auto insurance quotes.
It’s so simple to compare auto insurance rate quotes online makes it a waste of time to drive around to different Detroit agent offices. Buying insurance online has reduced the need for local agents unless you’re the type of person who wants the professional guidance that can only be provided by a licensed insurance agent. Although, it is possible find lower rates online but purchase the actual policy in an agency.
The car insurance companies shown below have been selected to offer price quotes in Detroit, MI. If multiple companies are listed, we recommend you visit as many as you can to find the most affordable car insurance rates.
Choosing Chevy Suburban insurance is an important decision
Despite the high cost of buying insurance for a Chevy Suburban in Detroit, insuring your vehicle may be required and benefits you in several ways.
- The majority of states have mandatory liability insurance requirements which means state laws require specific limits of liability protection in order to drive the car legally. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your Suburban has a lienholder, it’s guaranteed your bank will force you to buy insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the bank may buy a policy for your Chevy at a much higher premium rate and force you to reimburse them the higher premium.
- Insurance protects your Chevy Suburban and your assets. It will also cover most medical and hospital costs for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If damage is caused by hail or an accident, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of having auto insurance are definitely more than the cost, specifically if you ever have a liability claim. According to a 2015 survey, the average American driver is overpaying over $850 per year so you should quote and compare rates each time the policy renews to help ensure money is not being wasted.
Rates and other information
The rate information displayed next covers estimates of insurance premium costs for Chevy Suburban models. Having a better idea how car insurance prices are figured helps drivers make decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Suburban LS 2WD | $320 | $554 | $780 | $46 | $234 | $1,934 | $161 |
| Suburban LT 2WD | $320 | $554 | $780 | $46 | $234 | $1,934 | $161 |
| Suburban LS 4WD | $320 | $554 | $780 | $46 | $234 | $1,934 | $161 |
| Suburban LT 4WD | $320 | $554 | $780 | $46 | $234 | $1,934 | $161 |
| Suburban LTZ 2WD | $320 | $654 | $780 | $46 | $234 | $2,034 | $170 |
| Suburban LTZ 4WD | $356 | $654 | $780 | $46 | $234 | $2,070 | $173 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Michigan minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Table data does not factor in specific zip code location which can change prices greatly.
Physical damage deductibles
When buying insurance, a common question is the level to set your comp and collision deductibles. The following tables lay out the premium difference when you buy lower versus higher coverage deductibles. The first set of rates uses a $250 deductible for physical damage and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Suburban LS 2WD | $602 | $900 | $690 | $40 | $206 | $2,463 | $205 |
| Suburban LT 2WD | $602 | $900 | $690 | $40 | $206 | $2,463 | $205 |
| Suburban LS 4WD | $602 | $900 | $690 | $40 | $206 | $2,463 | $205 |
| Suburban LT 4WD | $602 | $900 | $690 | $40 | $206 | $2,463 | $205 |
| Suburban LTZ 2WD | $602 | $1060 | $690 | $40 | $206 | $2,623 | $219 |
| Suburban LTZ 4WD | $670 | $1060 | $690 | $40 | $206 | $2,691 | $224 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Suburban LS 2WD | $490 | $726 | $690 | $40 | $206 | $2,152 | $179 |
| Suburban LT 2WD | $490 | $726 | $690 | $40 | $206 | $2,152 | $179 |
| Suburban LS 4WD | $490 | $726 | $690 | $40 | $206 | $2,152 | $179 |
| Suburban LT 4WD | $490 | $726 | $690 | $40 | $206 | $2,152 | $179 |
| Suburban LTZ 2WD | $490 | $854 | $690 | $40 | $206 | $2,280 | $190 |
| Suburban LTZ 4WD | $546 | $854 | $690 | $40 | $206 | $2,336 | $195 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Rate information does not factor in garaging location in Detroit which can revise prices substantially.
We can estimate from the data above that using a $250 deductible costs an average of $27 more each month or $324 for a full year averaged for all Suburban models than selecting the higher $500 deductible. Due to the fact that you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to go more than 9 months between claim filings, you would more than likely save some money if you choose the higher deductible.
Should you buy full coverage?
The diagram below visualizes the comparison of Chevy Suburban yearly insurance costs when comparing full coverage to state minimum liability only. The data is based on no violations or claims, $1,000 deductibles, single status, and no additional discounts are factored in.
Deciding between full coverage and liability only
There is no clear-cut rule of when to eliminate full coverage on your policy, but there is a broad guideline. If the annual cost of coverage is more than 10% of replacement cost minus your deductible, then it may be the right time to buy liability only.
For example, let’s assume your Chevy Suburban replacement cost is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $3,000 after the policy deductible has been paid. If you are paying over $300 a year for physical damage coverage, then you may need to consider dropping full coverage.
There are a few situations where only buying liability is not advised. If you still have a lienholder on your title, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not eliminate full coverage.
Lower rate quotes by applying discounts
Some providers don’t necessarily list the entire discount list in an easy-to-find place, so the next list breaks down a few of the more well known as well as the least known ways to save on car insurance.
- Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them successfully complete driver’s ed class in high school.
- Safety Course Discount – Participating in a driver safety course is a good idea and can lower rates and easily pay for the cost of the class.
- Save with a New Car – Buying a new car model can save you some money since new vehicles have better safety ratings.
- Senior Citizens – If you qualify as a senior citizen, you could receive a discount up to 10%.
- Renewal Discounts – Some larger companies reward drivers for renewing your policy prior to your current Suburban insurance policy expiration. It’s a savings of about 10%.
- Seat Belts Save – Forcing all vehicle occupants to use a seat belt could save 15% on medical payment and PIP coverage.
One last thing about discounts, most discounts do not apply to the whole policy. Most cut the cost of specific coverages such as medical payments or collision. So when it seems like having all the discounts means you get insurance for free, it just doesn’t work that way.
The example below compares Chevy Suburban premium costs with and without discounts applied to the policy rates. The data assumes a female driver, a clean driving record, no claims, Michigan state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, multi-car, claim-free, homeowner, and safe-driver discounts applied.
To see a list of car insurance companies with discount rates in Detroit, follow this link.
Auto insurance is available from agents near you
Many people just want to sit down with an agent and that is recommended in a lot of cases Experienced insurance agents can answer important questions and help in the event of a claim. An additional benefit of price shopping on the web is that you can find cheaper rates and still choose a local agent. Buying insurance from local agencies is especially important in Detroit.
After completing this form (opens in new window), your insurance coverage information gets sent to local insurance agents who will give competitive quotes for your insurance coverage. You won’t even need to do any legwork since price quotes are sent straight to your inbox. If you wish to get a comparison quote from a specific company, don’t hesitate to navigate to their website and complete a quote there.
Do you need an independent or exclusive auto insurance agent?
If you would like to find a reliable insurance agent, it’s helpful to know the types of insurance agents that you can choose from. Auto insurance agents are either exclusive or independent (non-exclusive). Both can insure your vehicles, but it’s a good idea to understand the difference in the companies they write for since it can impact the kind of agent you use.
Independent Agencies or Brokers
Agents that choose to be independent are not restricted to one company and that enables them to quote your coverage through many companies enabling the ability to shop coverage around. If premiums increase, your agent can just switch to a different company and the insured can keep the same agent.
If you need cheaper auto insurance rates, we recommend you compare prices from at a minimum one independent agency so that you can do a thorough price comparison.
Listed below are Detroit independent agents who may provide price quote information.
J Healan Baker Insurance
645 Griswold St # 2015 – Detroit, MI 48226 – (313) 963-0480 – View Map
Clark Insurance Agency
2711 E Jefferson Ave #206 – Detroit, MI 48207 – (313) 259-6600 – View Map
Marsh
600 Renaissance Center # 2100 – Detroit, MI 48243 – (313) 393-6800 – View Map
Exclusive Auto Insurance Agencies
Agents in the exclusive channel can only provide pricing for a single company and examples are Farmers Insurance or State Farm. These agents are not able to provide rate quotes from other companies so it’s a take it or leave it situation. These agents receive a lot of sales training on their company’s products which can be an advantage.
Shown below are Detroit exclusive insurance agents that can give you price quotes.
Angela Hughes – State Farm Insurance Agent
14511 W McNichols Rd – Detroit, MI 48235 – (313) 862-7800 – View Map
John Cash – State Farm Insurance Agent
19203 Grand River Ave – Detroit, MI 48223 – (313) 537-1200 – View Map
Kenya Wells – State Farm Insurance Agent
20021 Kelly Rd – Detroit, MI 48225 – (313) 822-5948 – View Map
Choosing the best insurance agent shouldn’t rely on just the bottom line cost. Agents should be asked these questions:
- Does the company use OEM repair parts?
- What is the agency’s Better Business Bureau rating?
- If your car is totaled, how to they determine the replacement cost?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- How long has their agency been open in Detroit?
- Will they make sure you get an adequate claim settlement?
- Where are claims handled?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
If you receive good feedback to any questions you have and cheaper Suburban insurance quotes, you may have just found an insurance agent that can properly insure your vehicles. Just remember you are entitled to cancel coverage at any time so never feel you are locked into a specific agent indefinitely.
Cheaper auto insurance rates are possible
We just covered a lot of tips how to lower your Chevy Suburban insurance premium rates in Detroit. The key thing to remember is the more quotes you get, the higher the chance of saving money. Consumers could even find that the most savings is with a small mutual company. Some small companies may often insure only within specific states and give better rates as compared to the big name companies such as GEICO and State Farm.
Some insurance companies do not offer online rate quotes and these smaller providers sell through independent agents. More affordable auto insurance in Detroit is definitely available online in addition to local insurance agencies, and you need to price shop both so you have a total pricing picture.
Additional auto insurance information is available on the following sites:
- Teen Driver Licensing Information (iihs.org)
- How Much are Auto Insurance Rates for 4×4 Vehicles in Detroit? (FAQ)
- Who Has Cheap Auto Insurance for Lyft Drivers in Detroit? (FAQ)
- What Car Insurance is Cheapest for Electric Cars in Detroit? (FAQ)
- Who Has Cheap Car Insurance for Postal Workers in Detroit? (FAQ)
- Who Has Cheap Detroit Auto Insurance Rates for a GMC Sierra? (FAQ)
- Who Has Affordable Auto Insurance for Drivers with a DUI in Detroit? (FAQ)
- What Auto Insurance is Cheapest for Drivers Over Age 50 in Detroit? (FAQ)
- Who Has the Cheapest Detroit Car Insurance Quotes for Government Employees? (FAQ)
- Who Has Affordable Auto Insurance Quotes for State Employees in Detroit? (FAQ)
- How Much Does Car Insurance Go Up After a Speeding Ticket? (DetroitInsure.com)
- Auto Insurance FAQ (Farmers Insurance)
- Get the Right Protection (InsureUonline.org)