Feel like you have high-priced Chevy Tahoe insurance in Orlando? Say no more because there are lots of people in the same boat.
A recent car insurance study discovered that the vast majority of car insurance customers have stayed with the same insurance company for over three years, and roughly 40% of drivers have never even shopped around for lower-cost coverage. Orlando insurance shoppers could save approximately 55% every year just by comparing rates, but most undervalue how much they could save if they replace their high priced policy.
How to find lower priced Chevy Tahoe insurance in Orlando
The most effective way to save money on Chevy Tahoe insurance in Orlando is to regularly compare price quotes from companies who provide auto insurance in Florida. Drivers can shop around by completing these steps.
- Step 1: Gain an understanding of what coverages are included in your policy and the changes you can make to prevent high rates. Many risk factors that result in higher prices such as traffic citations, accidents, and a negative credit history can be remedied by making lifestyle changes or driving safer.
- Step 2: Compare price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from a single company like Progressive or Farmers Insurance, while independent agencies can provide rate quotes from many different companies.
- Step 3: Compare the new rate quotes to the premium of your current policy to determine if switching companies saves money. If you can save some money and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Notify your company or agent of your intention to cancel your current auto insurance policy. Submit payment along with a signed and completed policy application to the new insurer. Once received, safely store the certificate verifying proof of insurance in your glove compartment.
A good tip to remember is to use the same deductibles and limits on each quote and and to get rates from as many companies as you can. Doing this guarantees a level playing field and a better comparison of the market.
You have multiple insurers to purchase coverage from, and even though it’s nice to be able to choose, more choices can make it harder to find the best rates for Chevy Tahoe insurance in Orlando.
It is always a good idea to get comparison quotes periodically because insurance rates tend to go up over time. If you had the best premium rates on Chevy Tahoe insurance in Orlando last year you can probably find a lower rate today. Forget anything you know (or think you know) about car insurance because we’re going to show you one of the best ways to find better rates and still maintain coverage.
Getting a cheaper price on Chevy Tahoe insurance is a fairly straight forward process. All that’s required is to spend a little time to get quotes provided by online insurance companies.
It’s so simple to compare car insurance rate quotes online makes it obsolete to physically go to each insurance agency near you. The fact that you can get quotes online can eliminate the need for a local agent unless you require the personal advice of a licensed agent. However, consumers can compare online quotes but have your policy serviced through an agent.
The following companies can provide free rate quotes in Florida. If your goal is to find the best cheap car insurance in Orlando, FL, it’s highly recommended you compare several of them to get the most competitive price.
Auto insurance is not optional
Despite the potentially high cost of Chevy Tahoe insurance, paying for auto insurance serves an important purpose.
- The majority of states have mandatory insurance requirements which means you are required to buy specific limits of liability protection if you drive a vehicle. 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 you have a loan on your Tahoe, most lenders will stipulate that you have physical damage coverage to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Chevy at a more expensive rate and make you pay the higher premium.
- Insurance protects not only your car but also your assets. Insurance will pay for medical transport and hospital expenses that are the result of an accident. Liability insurance also pays for attorney fees and expenses if you cause an accident and are sued. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance outweigh the cost, particularly if you ever have a claim. Unknowingly, the average driver is currently overpaying as much as $820 a year so smart consumers compare quotes at every renewal to ensure rates are inline.
Rates and other information
The price information shown next outlines estimates of insurance prices for Chevy Tahoe models. Being able to understand how auto insurance policy rates are calculated is important to be able to make decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tahoe LS 2WD | $202 | $364 | $392 | $24 | $118 | $1,100 | $92 |
| Tahoe LS 4WD | $228 | $364 | $392 | $24 | $118 | $1,126 | $94 |
| Tahoe LT 2WD | $228 | $364 | $392 | $24 | $118 | $1,126 | $94 |
| Tahoe LT 4WD | $228 | $364 | $392 | $24 | $118 | $1,126 | $94 |
| Tahoe LTZ 2WD | $228 | $428 | $392 | $24 | $118 | $1,190 | $99 |
| Tahoe LTZ 4WD | $228 | $428 | $392 | $24 | $118 | $1,190 | $99 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Table data does not factor in specific garaging location which can impact coverage rates greatly.
Deductible analysis
One common question asked by Orlando drivers is what deductibles to buy. The tables below may help to conceptualize the price difference when you select higher and lower policy deductibles. The first set of rates uses a $100 deductible for physical damage and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tahoe LS 2WD | $358 | $648 | $418 | $24 | $124 | $1,597 | $133 |
| Tahoe LS 4WD | $406 | $648 | $418 | $24 | $124 | $1,645 | $137 |
| Tahoe LT 2WD | $406 | $648 | $418 | $24 | $124 | $1,645 | $137 |
| Tahoe LT 4WD | $406 | $648 | $418 | $24 | $124 | $1,645 | $137 |
| Tahoe LTZ 2WD | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| Tahoe LTZ 4WD | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Tahoe LS 2WD | $262 | $438 | $418 | $24 | $124 | $1,266 | $106 |
| Tahoe LS 4WD | $296 | $438 | $418 | $24 | $124 | $1,300 | $108 |
| Tahoe LT 2WD | $296 | $438 | $418 | $24 | $124 | $1,300 | $108 |
| Tahoe LT 4WD | $296 | $438 | $418 | $24 | $124 | $1,300 | $108 |
| Tahoe LTZ 2WD | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| Tahoe LTZ 4WD | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Rate information does not factor in vehicle garaging location which can impact rates significantly.
We can derive from the above data that using a $100 deductible will cost you about $30 more each month or $360 each year across all Chevrolet Tahoe models than quoting the higher $500 deductible. Because you would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you normally average at a minimum 13 months between claims, you would come out ahead if you decide on a higher deductible.
Reckless driving habits raise auto insurance rates
The illustration below demonstrates how traffic citations and accident claims drive up Chevy Tahoe annual premium costs for different ages of insureds. The information is based on a single male driver, full coverage, $250 deductibles, and no discounts are factored in.
Auto insurance policy discounts you can’t miss
Auto insurance is not cheap nor is it fun to buy but you can get discounts that can help lower your rates. A few discounts will be applied when you get a quote, but lesser-known reductions have to be specially asked for before being credited.
- Discount for New Cars – Insuring a vehicle that is new is cheaper since new vehicles have better safety ratings.
- Accident Forgiveness Coverage – This one isn’t a discount, but some companies like Progressive, Allstate, and GEICO allow you one accident without raising rates with the catch being you have to be claim-free prior to being involved in the accident.
- Online Discount – Some of the larger companies provide a small discount for buying a policy and signing up digitally online.
- Organization Discounts – Having an affiliation with a professional or civic organization is a good way to get lower rates on your bill.
- Use Seat Belts – Drivers who always wear seat belts and also require passengers to use a seat belt could save 15% on the medical payments or PIP coverage costs.
- Drive Safe and Save – Drivers who avoid accidents could pay up to 40% less as compared to drivers with claims.
A little note about advertised discounts, most discount credits are not given to the entire policy premium. Most only apply to specific coverage prices like physical damage coverage or medical payments. Even though it may seem like adding up those discounts means a free policy, insurance companies wouldn’t stay in business.
The information below shows the comparison of Chevy Tahoe insurance premiums with and without discounts applied to the premium. The information is based on a female driver, no claims, a clean driving record, Florida state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, multi-policy, claim-free, and multi-car discounts applied.
A few companies that may include some of the above discounts are:
If you need lower rates, check with each insurance company how many discounts you can get. A few discounts might not be available to policyholders in every state.
What if I want to buy from local Orlando insurance agents?
A small number of people would prefer to buy from a licensed agent and doing so can bring peace of mind Licensed agents can point out coverage gaps and help you file claims. The biggest benefit of comparing insurance online is the fact that drivers can get cheaper rates and still choose a local agent.
By using this quick form, your information is sent to participating agents in Orlando who will give you quotes for your insurance coverage. You never need to contact any agents since price quotes are sent to you directly. In the event you want to get a price quote from a specific insurance provider, you just need to go to their quote page to submit a rate quote request.
Finding the right insurer needs to be determined by more than just a cheap quote. Here are some questions you might want to ask.
- If they are an independent agency in Orlando, which companies do they recommend?
- Do they have any clout with companies to ensure a fair claim settlement?
- Do they make recommendations based only on price?
- Will you get a loaner vehicle if you car is being repaired?
- What will you get paid if your car is a total loss? How is that amount determined?
If you are searching for a local insurance agency, it’s helpful to know the different types of agents that you can select. Agents can be classified as either independent or exclusive. Both types of agents can sell and service insurance coverage, but it is a good idea to know why they differ because it can factor into the kind of agent you use.
Exclusive Insurance Agencies
These type of agents have only one company to place business with such as State Farm, Allstate and AAA. Exclusive agents are unable to place coverage with different providers so they have no alternatives for high prices. They receive a lot of sales training on their company’s products which helps them sell on service rather than price.
Below is a short list of exclusive agencies in Orlando who may provide you with price quotes.
Michael Moore – State Farm Insurance Agent
9161 Narcoossee Rd Ste 207 – Orlando, FL 32827 – (407) 208-9930 – View Map
Bruce Baltich – State Farm Insurance Agent
198 S Semoran Blvd – Orlando, FL 32807 – (407) 273-9170 – View Map
Allstate Insurance: Polette Hernandez Gardner
2606 E Robinson St – Orlando, FL 32803 – (407) 380-0083 – View Map
Independent Insurance Agents
Agents of this type are appointed with more than one company so they can insure your vehicles through many different insurance companies and find you cheaper rates. To transfer your coverage to a different company, the agent simply finds a different carrier and you stay with the same agent. If you are trying to find cheaper rates, you need to get quotes from independent agents to get the best comparison.
The following are independent insurance agents in Orlando that are able to give comparison quotes.
Budget Insurance Agency
5574 N Orange Blossom Trail – Orlando, FL 32808 – (321) 270-6385 – View Map
J Short Insurance Agency
2901 Curry Ford Rd #212 – Orlando, FL 32806 – (407) 849-9000 – View Map
Caple Howden Insurance Agency
10222 E Colonial Dr – Orlando, FL 32817 – (407) 657-8808 – View Map
Don’t give up on cheaper coverage
We just covered some good ideas how to lower your Chevy Tahoe insurance premium rates in Orlando. The key thing to remember is the more times you quote, the higher your chance of finding cheaper Orlando car insurance quotes. You may even find the best premium rates are with a lesser-known regional company. Smaller companies can often provide lower prices in certain areas than the large multi-state companies such as Progressive and GEICO.
Some insurance providers do not provide online rate quotes and many times these regional insurance providers prefer to sell through independent agents. Low-cost Chevy Tahoe insurance in Orlando can be found from both online companies and also from your neighborhood Orlando agents, so you should compare both in order to have the best price selection to choose from.
How to find lower priced Chevy Tahoe insurance in Orlando
It takes a few minutes, but the best way to find more affordable Chevy Tahoe insurance in Orlando is to annually compare prices from companies that insure vehicles in Florida.
- Read and learn about how auto insurance works and the steps you can take to keep rates in check. Many rating factors that drive up the price like careless driving and a lousy credit rating can be rectified by improving your driving habits or financial responsibility.
- Compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO or Farmers Insurance, while independent agencies can quote prices from multiple sources.
- Compare the new quotes to your current policy to see if cheaper Tahoe coverage is available in Orlando. If you find a lower rate quote, make sure there is no lapse in coverage.
- Give proper notification to your current agent or company of your intent to cancel your current coverage and submit a down payment and signed policy application to your new agent or company. As soon as you can, put the new proof of insurance paperwork along with the vehicle’s registration papers.
One piece of advice is that you use identical limits and deductibles on each price quote and and to analyze as many companies as feasibly possible. Doing this ensures a fair price comparison and a thorough price selection.
More information is available on the following sites:
- What are my Rights when Filing a Claim? (Insurance Information Institute)
- How Much are Orlando Auto Insurance Rates for Homeowners? (FAQ)
- Who Has the Cheapest Orlando Auto Insurance for Veterans? (FAQ)
- Who Has Affordable Auto Insurance Quotes for a Company Car in Orlando? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers Under 21 in Orlando? (FAQ)
- Coverage Information (Progressive Insurance)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)
- Top Signs Your Brakes are Giving Out (State Farm)
- Older Driver Statistics (Insurance Information Institute)