Lower Your 2006 Chevrolet Cobalt Insurance Rates

I can’t think of anyone who loves paying for car insurance, especially when the cost is too high.

Vehicle owners have multiple insurance companies to choose from, and even though it’s nice to have a selection, more options can take longer to get the best deal.

It’s a great practice to get comparison quotes before your policy renews because car insurance prices are usually higher with each renewal. Just because you had the best rate for Cobalt coverage two years ago a different company probably has better premium rates today. There are lots of tips to save on car insurance on the internet, but in this article, you’re going to get some solid techniques on how to lower your car insurance bill.

Choosing the best insurance company for you is easy if you know what you’re doing. Basically, anyone who shops for insurance coverage will be able to find lower rates. But drivers must comprehend the way insurance companies price online insurance and use this information to your advantage.

Lower rates by qualifying for discounts

Some insurance providers do not advertise the entire discount list in a way that’s easy to find, so below is a list some of the more common as well as some of the hidden credits that you can use to lower your rates.

• New Car Discount – Putting auto insurance coverage on a new car may earn a small discount because new vehicles keep occupants safer.
• Multi-line Discount – Larger companies have a small discount if you purchase auto and life insurance together.
• Military Rewards – Being deployed in the military could be rewarded with lower rates.
• Pay Upfront and Save – By making one initial payment instead of paying each month you may reduce your total bill.
• Homeowners Discount – Owning a home may trigger a policy discount on auto insurance because it requires personal responsibility.
• Data Collection Discounts – Insureds that choose to allow data collection to study their driving habits by using a small device installed in their vehicle such as Snapshot from Progressive or Drivewise from Allstate may see discounts if they are good drivers.
• Policy Bundle Discount – If you can combine your home and auto policy and place coverage with the same company you may earn 10% to 20% off each policy.

Policy discounts save money, but most credits do not apply to all coverage premiums. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. Just because it seems like adding up those discounts means a free policy, it’s just not the way it works.

A list of auto insurance companies and a summarized list of policyholder discounts can be read below.

• Progressive discounts include online signing, homeowner, online quote discount, good student, and multi-vehicle.
• AAA offers discounts including anti-theft, multi-policy, good student, education and occupation, and pay-in-full.
• Farmers Insurance may include discounts for pay in full, youthful driver, business and professional, alternative fuel, teen driver, bundle discounts, and early shopping.
• Geico may have discounts that include membership and employees, multi-vehicle, multi-policy, seat belt use, driver training, and military active duty.
• Esurance has discounts for homeowner, safety device, online quote, defensive driver, anti-lock brakes, and emergency road assistance.
• SAFECO includes discounts for multi-car, anti-lock brakes, safe driver, teen safety rewards, and homeowner.
• State Farm may offer discounts for safe vehicle, multiple autos, student away at school, good driver, multiple policy, and passive restraint.

Before purchasing a policy, check with every prospective company the best way to save money. Depending on the company, some discounts might not apply in your area. To find insurers that can offer you the previously mentioned discounts, follow this link.

How to buy car insurance online

Most major insurance companies like Allstate and Progressive allow you to get prices for coverage directly from their websites. Getting quotes is pretty easy as you just enter your required coverages into a form. After the form is submitted, their rating system obtains your driving record and credit report and returns a price. Being able to quote online simplifies rate comparisons, but having to visit different websites and type in your information can be a bit repetitive. But it is imperative to have as many quotes as possible if you want to get lower prices.

There is an easier way to compare rates

A quicker way to compare car insurance pricing is to use a quote form to return rates from a bunch of companies at once. It’s a real time-saver, helps eliminate reptitive entry, and makes price shopping online much simpler. As soon as you send your information, it gets priced and you can choose any one of the returned quotes. If one or more price quotes are lower than your current rates, you simply finish the application and purchase coverage. It can be completed in a matter of minutes and you’ll know if lower rates are available.

To save time and compare rates using this form now, click here to open in a new tab and submit the form. To compare your current rates, we recommend you replicate the insurance coverages identical to your current policy. Doing this assures you will have a rate comparison using the same coverage and limits.

Insurance is unique, just like you

When choosing proper insurance coverage for your vehicles, there really is not a single plan that fits everyone. Every situation is different so your insurance should reflect that These are some specific questions could help you determine whether or not you may require specific advice.

• Will filing a claim cost me more?
• Am I covered if my car is in a flood?
• Where can I get insurance after a DUI in my state?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• What is no-fault insurance?
• How high should my medical payments coverage be?
• Does my 2006 Chevy Cobalt need full coverage?
• Should I get collision insurance on every vehicle?
• What exactly is covered by my policy?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Parts of your insurance policy

Knowing the specifics of a insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Below you’ll find the usual coverages found on most insurance policies.

Liability car insurance

This coverage will cover damage that occurs to a person or their property. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability insurance covers things like medical expenses, emergency aid, medical services and funeral expenses. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.

Comprehensive or Other Than Collision

This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like fire damage, rock chips in glass and hitting a deer. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and damage to your 2006 Chevy Cobalt.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for doctor visits, chiropractic care and EMT expenses. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Collision coverage

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as colliding with another moving vehicle, crashing into a ditch, sustaining damage from a pot hole, hitting a mailbox and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible to get cheaper collision coverage.

Affordable insurance is out there

While you’re price shopping online, make sure you don’t reduce needed coverages to save money. There have been many situations where someone dropped collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible at the best price and still be able to protect your assets.

In this article, we covered a lot of ways to reduce 2006 Chevy Cobalt insurance prices online. The key thing to remember is the more you quote auto insurance, the higher the chance of saving money. Consumers may even find the best price on car insurance is with some of the lesser-known companies. They may have significantly lower rates on certain market segments than their larger competitors like Geico and State Farm.

More information is located on the following sites:

• Collision Coverage (Liberty Mutual)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Distracted Driving (Insurance Information Insitute)
• Child Safety Seats (Insurance Information Insitute)
• How do I File a Claim? (Insurance Information Insitute)
• Red Light Cameras (State Farm)