Want lower insurance rates for your Chevrolet Cavalier? Pretty sure you bought high-priced insurance? You’re preaching to the choir because there are many consumers feeling the pinch from expensive insurance.
Lots of insurers contend for your hard-earned dollar, and because of this it can be hard to compare car insurance companies to get the lowest rate possible.
Consumers should take time to get comparison quotes once or twice a year because insurance prices tend to go up over time. Just because you had the best deal on Cavalier insurance a year ago you will most likely find a better rate today. Ignore everything you know about insurance because you’re about to learn the best way to remove unneeded coverages and save money.
If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using this strategy. Finding the best rates is not rocket science. But drivers do need to learn the way companies sell insurance online and take advantage of how the system works.
When buying insurance it’s important to understand some of the factors that help determine your policy premiums. If you have a feel for what determines base rates, this enables you to make decisions that can help you get better insurance rates.
The list below includes some of the most rate-impacting factors that factor into your rates.
The quickest method to compare rate quotes is to know auto insurance companies participate in a system to give free rates quotes. All consumers are required to do is take a few minutes to give details such as how much education you have, whether or not you need a SR-22, if you’re married, and types of safety features. That rating data is automatically sent to multiple car insurance providers and you get price estimates quickly.
Not many people think insurance is cheap, but discounts can save money and there are some available to cut the cost considerably. Certain reductions will be credited at the time you complete a quote, but occassionally some discounts must be requested specifically prior to getting the savings.
As is typical with insurance, some credits don’t apply to all coverage premiums. Some only apply to the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way. But any discount will help lower your policy premium.
A list of companies and a summarized list of policyholder discounts are:
Before purchasing a policy, check with every insurance company how many discounts you can get. Some of the earlier mentioned discounts may not be offered in your area. If you would like to see a list of insurers that offer some of these discounts, click here.
When choosing coverage for your personal vehicles, there is no “best” method to buy coverage. Every situation is different so your insurance needs to address that. For example, these questions might point out whether you may require specific advice.
If you’re not sure about those questions then you might want to talk to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance companies in your area.
Learning about specific coverages of your car insurance policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages available from car insurance companies.
Liability car insurance
This coverage protects you from injuries or damage you cause to people or other property. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage protects against things such as repair bills for other people’s vehicles, attorney fees, pain and suffering, funeral expenses and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.
Collision protection
Collision insurance covers damage to your Cavalier resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.
Collision can pay for things such as hitting a parking meter, driving through your garage door, sideswiping another vehicle, hitting a mailbox and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.
Medical expense insurance
Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like pain medications, EMT expenses, dental work, funeral costs and chiropractic care. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
Protection from uninsured/underinsured drivers
Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries and damage to your Chevy Cavalier.
Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits are similar to your liability insurance amounts.
Comprehensive (Other than Collision)
This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as hitting a bird, a broken windshield and damage from flooding. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
You just read a lot of ways to lower your 2005 Chevy Cavalier insurance prices. The key concept to understand is the more you quote insurance coverage, the higher the chance of saving money. You may be surprised to find that the lowest prices are with the smaller companies. Regional companies can often provide lower rates in certain areas than the large multi-state companies such as Allstate, Geico and Progressive.
When you buy insurance coverage online, you should never reduce coverage to reduce premium. There have been many situations where drivers have reduced collision coverage only to regret that their decision to reduce coverage ended up costing them more. Your objective should be to purchase plenty of coverage at the best possible price and still be able to protect your assets.
More information is available at these links:
Candice Cooke
Progressive was cheapest for my 2005 Chevrolet Cavalier in Lexington, KY.
Al Hunter
FYI in Lewiston, ME try Progressive. I got a good deal.
Brigid Burks
I found pretty cheap rate quotes for a 2005 Chevrolet Cavalier in Nashville, TN. Ended up at darn near $450 every six months with Auto-Owners. I have kids on my policy, too. Hardly afford to drive anymore.
Regine Morrison
If you have a clean record and live around Jersey City, NJ, check out 21st Century. You might get cheaper rates. Insured with Auto-Owners before. They have a lot of discounts available.
Sam Good
I switched to GEICO. Quoted good rates in Bangor, ME. I got a quote from their website.
Yuk Byers
I got a good deal I think. Live in Tucson, AZ. Quoted a bunch of companies. Saved darn near $60 a month. Allstate was the cheapest option for me. Left State Farm to switch.
Germaine Haynes
Corporate greed I’m telling you. Got a quote with GMAC for my Cavalier and cut my rates about $200 a year. I get lower rates because of my clean driving record. Get lots of quotes to find the best rate.
Tamekia Hanson
Allstate has the cheapest rates in Nevada. No comparison.
Brett Stout
Will Allstate raise rates if I file a claim?
Skye Cooke
Anyone understand their policy?
Allene Hamilton
I’m looking for cheaper coverage. Lifelong resident of Jersey City, NJ. I compared lots of rates. Saved about $30 a month. State Farm was the cheapest option for me.
Savanna Kidd
Live in Concord, New Hampshire. I quoted with AAA, Eastwood, and Sentry for my Cavalier and I think I am saving around $30 each month. Left Allstate to switch. I think they have home insurance too.
Shenita Bauer
I live north of Charlotte, North Carolina. Got quotes from Hanover, American Family, Mercury, and a couple others for my Cavalier and I think I saved around $60 each month. I have several vehicles insured with them. Hardly afford to drive anymore.
Keesha Perkins
In Mesa, AZ, 21st Century is a good choice. Was with American Family. Have an at-fault accident tho.
Eura Figueroa
Not sure if this is cheap. From northwest of Nashville, TN. Quoted with American Family, Nationwide, and some smaller one I can’t remember the name of for my Chevrolet and I think I am saving around $60 each month. Left GMAC to switch. I used their online quote form to compare rates.