- Chevrolet Suburban insurance costs an average of $1,578 per year, or around $132 per month for full coverage.
- The Suburban ranks #2 out of nine vehicles in the large SUV class for insurance affordability.
- Suburban car insurance rates in a few larger cities include $2,616 in Los Angeles, CA, $1,464 in Omaha, NE, and $1,676 in Houston, TX.
How much does Chevy Suburban insurance cost?
Chevrolet Suburban car insurance averages around $1,578 per year for full coverage. Average monthly insurance cost ranges from $124 to $139, depending on the trim level being insured.
With the average large SUV costing $1,720 a year to insure, the Suburban insurance could save an average of $142 more per year to insure when compared to similar vehicles.
The chart below details how average Suburban car insurance rates vary depending on the age of the driver and comprehensive and collision deductibles.
The annual policy rates shown vary from the cheapest rate of $1,194 per year for a driver age 60 with a deductible of $1,000 to the highest rate of $3,624 annually for a 20-year-old driver with a $250 policy deductible.
|Driver Age||Deductible||Annual Cost||Monthly Cost|
The chart above plots a pretty small number of insurance cost estimates from an enormous number of possibilities. The reason for this is that if we displayed every rate for every possible risk profile, including all 11 Suburban trim levels and all 41,000+ zip codes in the U.S., the chart would have over 1,064,448,000,000 posible rates.
To help readers grasp how much variability there is in insurance cost, keep in mind that a liability-only insurance policy on an older Chevrolet Suburban in the cheapest areas of Wisconsin or North Carolina can be as cheap as $237 a year, while a newly-licensed teen driver with a couple of driving violations and a few accident claims in specific Louisiana zip codes may have to pay as much as $17,982 a year for a policy that provides full coverage.
Suburban insurance cost vs. other large SUVs
The Chevy Suburban ranks #2 out of nine total vehicles in the large SUV category. The Suburban costs an average of $1,578 per year to insure for full coverage, while the segment average rate is $1,720 annually, a difference of $142 per year.
That’s not to say that the Suburban will always cost more that other vehicles in the class, as rates are averaged for all different trim levels for each vehicle. A base-level Suburban trim will most likely cost quite a bit less to insure than a high-end Yukon or Expedition.
When 2022 Suburban insurance rates are compared to the best-selling models in the large SUV category, the Suburban costs $46 more per year than the Chevrolet Tahoe, $44 less than the Ford Expedition, $116 less than the GMC Yukon, and $112 less than the Nissan Armada.
The chart below shows average car insurance rates for the entire 2022 large SUV vehicle segment, and how the Suburban compares to other models.
|8||GMC Hummer EV||$1,928||$350|
|9||Jeep Grand Wagoneer||$2,030||$452|
Another useful metric is finding out how the cost of insurance on a Chevrolet Suburban compares to large SUV models with similar average MSRP. A 2022 Suburban has an average sticker price of $65,304, before delivery charges and dealer fees.
The models in the full-size SUV segment closest in cost to the Suburban for the 2022 model year are the GMC Yukon, Ford Expedition, Chevrolet Tahoe, and Toyota Sequoia.
The next list shows how those models compare to the Suburban by purchase price and insurance policy cost.
- Compared to the GMC Yukon – The purchase price for the GMC Yukon averages $202 less than the average sticker price for the Suburban ($65,102 compared to $65,304). Full-coverage insurance on the GMC Yukon costs an average of $116 more annually than the Chevrolet Suburban.
- Compared to the Ford Expedition – The Ford Expedition retails for an average of $66,302 ($53,795 to $79,425), which is $998 more expensive than the average cost for the Suburban. Expect to pay approximately $44 more every 12 months to insure the Ford Expedition compared to a Suburban.
- Compared to the Chevrolet Tahoe – With an average sticker price of $62,604 ($51,895 to $73,595), the Chevrolet Tahoe costs $2,700 less than the MSRP for the Suburban. Full-coverage insurance on the Chevrolet Tahoe costs an average of $46 less every 12 months than the Chevrolet Suburban.
- Compared to the Toyota Sequoia – Having an average price of $60,139 ($50,500 to $69,775), the Toyota Sequoia costs $5,165 less than the Suburban. The cost to insure a Chevrolet Suburban compared to the Toyota Sequoia is $8 less annually on average.
What is the cheapest Suburban insurance?
The cheapest Chevy Suburban car insurance rates can be found on the LS 2WD at an estimated $1,482 per year, or about $124 per month. The next cheapest model is the LS 4WD at $1,496 per year, and the third cheapest trim level to insure is the LT 2WD at $1,532 per year.
The most expensive models of Suburban to insure are the two and four-wheel drive versions of the Premium trim at $1,650 per year. Those two models will cost an extra $186 per year over the cheapest LS 2WD model.
The rate table below shows average auto insurance rates for yearly and semi-annual policy terms, including a monthly budget amount, for each Chevy Suburban model.
|Chevrolet Suburban Trim Level||Annual Policy||6-month Policy||Per Month|
|High Country 2WD||$1,650||$825||$138|
|High Country 4WD||$1,668||$834||$139|
Does where I live change car insurance cost?
Depending on the city you live in, the cost to insure a Suburban varies widely from cheaper premiums like $1,058 a year in Virginia Beach, VA, or $982 in Raleigh, NC, to more expensive rates like $2,624 a year in Las Vegas, NV, and $3,046 in Miami, FL.
The data visualization below shows average estimated Chevrolet Suburban full coverage insurance policy costs for the most populated metro areas in the United States. Following the chart, a more complete table is added that displays average insurance rates in the 50 biggest cities.