- Chevrolet Suburban insurance costs an average of $1,796 per year, or around $150 per month for full coverage.
- The Suburban ranks second out of nine vehicles in the large SUV class for insurance affordability.
- Suburban car insurance rates in a few larger cities include $2,758 in Los Angeles, CA, $1,610 in Omaha, NE, and $1,826 in Houston, TX.
How much does Chevy Suburban insurance cost?
Chevrolet Suburban car insurance averages around $1,796 per year for full coverage. Average monthly insurance cost ranges from $141 to $156, depending on the trim level being insured.
With the average large SUV costing $1,982 a year to insure, the Suburban insurance could save an average of $186 less 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 $1,360 per year for a driver age 60 with a deductible of $1,000 to the highest rate of $4,122 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 possible 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 $14,940 a year for a policy that provides full coverage.
Suburban insurance cost vs. other large SUVs
The Chevy Suburban ranks second out of nine total vehicles in the large SUV category. The Suburban costs an average of $1,796 per year to insure for full coverage, while the segment average rate is $1,982 annually, a difference of $186 per year.
That’s not to say that the Suburban will always cost more than 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 2023 Suburban insurance rates are compared to the best-selling models in the large SUV category, the Suburban costs $100 more per year than the Chevrolet Tahoe, $68 less than the Ford Expedition, $150 less than the GMC Yukon, and $234 less than the Nissan Armada.
The chart below shows average car insurance rates for the entire 2023 large SUV vehicle segment, and how the Suburban compares to other models.
|8||GMC Hummer EV||$2,142||$346|
|9||Jeep Grand Wagoneer||$2,360||$564|
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 2023 Suburban has an average sticker price of $69,000, before delivery charges and dealer fees.
The models in the full-size SUV segment closest in cost to the Suburban for the 2023 model year are the Toyota Sequoia, Jeep Wagoneer, Chevrolet Tahoe, and Ford Expedition.
The next list shows how those models compare to the Suburban by purchase price and insurance policy cost.
- Compared to the Toyota Sequoia – The purchase price for the Toyota Sequoia averages $267 more than the average sticker price for the Suburban ($69,267 compared to $69,000). Full-coverage insurance on the Toyota Sequoia costs an average of $76 more annually than the Chevrolet Suburban.
- Compared to the Jeep Wagoneer – The Jeep Wagoneer retails for an average of $68,171 ($58,300 to $74,865), which is $829 cheaper than the average cost for the Suburban. Expect to pay approximately $334 more every 12 months to insure the Jeep Wagoneer compared to a Suburban.
- Compared to the Chevrolet Tahoe – With an average sticker price of $66,686 ($56,095 to $77,795), the Chevrolet Tahoe costs $2,314 less than the MSRP for the Suburban. Full-coverage insurance on the Chevrolet Tahoe costs an average of $100 less every 12 months than the Chevrolet Suburban.
- Compared to the Ford Expedition – Having an average price of $72,043 ($55,125 to $85,615), the Ford Expedition costs $3,043 more than the Suburban. The cost to insure a Chevrolet Suburban compared to the Ford Expedition is $68 less annually on average.
See our car insurance rate comparisons index for additional Suburban comparisons plus a full list of other makes and models.
What is the cheapest Suburban insurance?
The cheapest Chevy Suburban car insurance rates can be found on the LS 2WD at an estimated $1,692 per year, or about $141 per month. The next cheapest model is the LS 4WD at $1,726 per year, and the third cheapest trim level to insure is the LT 2WD at $1,754 per year.
The most expensive models of Suburban to insure are the two and four-wheel drive versions of the Premium trim at $1,860 per year. Those two models will cost an extra $176 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||Six-Month Policy||Per Month|
|High Country 4WD||$1,860||$930||$155|
|High Country 2WD||$1,868||$934||$156|
Average insurance rates by U.S. city
Depending on the city you live in, the cost to insure a Suburban varies widely from cheaper premiums like $1,210 a year in Virginia Beach, VA, or $1,134 in Raleigh, NC, to more expensive rates like $2,764 a year in Las Vegas, NV, and $2,552 in Miami, FL.
The data visualization below shows the average estimated Chevrolet Suburban full coverage insurance policy costs for the most populated metro areas in the United States.
|City/State||Annual Rate||Monthly Rate|
|New York, NY||$3,120||$260|
|Las Vegas, NV||$2,764||$230|
|Los Angeles, CA||$2,758||$230|
|San Francisco, CA||$2,394||$200|
|Kansas City, MO||$2,132||$178|
|Oklahoma City, OK||$2,132||$178|
|San Jose, CA||$2,008||$167|
|San Diego, CA||$1,924||$160|
|San Antonio, TX||$1,658||$138|
|Fort Worth, TX||$1,604||$134|