View 2012 Chevrolet Camaro Insurance Quotes

Trying to find better insurance coverage rates for your Chevrolet Camaro? Buying lower-cost insurance coverage may at first seem to be somewhat difficult for shopping for insurance on the internet. When there are so many insurers to choose from, how can drivers have a chance to compare every possible option in order to find the cheapest price possible?

Consumers need to check insurance coverage prices yearly because prices go up and down regularly. Even if you got the lowest rates for Camaro insurance a few years ago you can probably find a better rate quote now. Forget anything you know (or think you know) about insurance coverage because we’re going to show you the best way to save money, get proper coverage and the best rates.

How to lower your insurance premiums

One of the most helpful ways to save on auto insurance is to to have a grasp of some of the things that aid in calculating your policy premiums. When you understand what determines premiums, this helps enable you to make changes that can earn you cheaper rates.

The following are some of the most common factors used by your company to calculate rates.

• Save by driving less – The more miles you rack up on your Chevy in a year’s time the more it will cost to insure it. Most companies calculate rates based on their usage. Cars and trucks that do not get driven very much get more affordable rates compared to those used for work or business. Make sure your auto insurance policy shows how each vehicle is driven, because it can save money. An incorrectly rated Camaro may be wasting your money.
• What are good liability coverage limits? – A critical coverage on your policy, liability insurance will protect you if you are found liable for damages caused by your negligence. It will provide you with a defense in court to defend your case. Liability is cheap compared to physical damage coverage, so do not skimp.
• You might pay more if you are single – Having a wife or husband can actually save you money compared to being single. Marriage generally demonstrates drivers are more responsible and statistics show drivers who are married file infrequent claims.
• Reserve auto insurance claims for larger damages – Companies provide the best rates to policyholders who do not rely on their insurance for small claims. If you are a frequent claim filer, you can pretty much guarantee much higher rates or policy non-renewal. Your car insurance is intended to be relied upon for claims that you cannot pay yourself.
• Accidents cost more than a fine – Careful drivers get better prices as compared to those with violations. Just one chargable violation can boost insurance rates by twenty percent. Drivers who have gotten severe tickets such as DUI, reckless driving or excessive speeding may face state-mandated requirements to maintain a SR-22 with their state DMV in order to keep their license.

Compare insurance coverage quotes online

When comparison shopping, there are several ways to compare rate quotes from companies that offer insurance coverage in your state. By far the easiest way to do a complete rate comparison involves getting comparison quotes online. This can be done in several different ways.

1. If you don’t have a lot of time, the easiest way to find low rates is to use a rate comparison form like this one (opens in new window). This type of form keeps you from doing separate forms for each company you want a rate for. A single form gets you price quotes from insurance coverage companies with the best prices.It’s the quickest way to get rates.
2. A more time consuming way to obtain and compare quotes online requires a visit to each company website to complete a price quote. For instance, let’s say you are doing a rate comparison from Progressive, Safeco and Allstate. To do that, you would have to visit each site and enter your information, which can take a lot of time. To view a list of companies in your area, click here.
3. If you have time to kill, the last way to quote and compare insurance rates is to spend time driving to local insurance agencies. Comparing online rate quotes eliminates this option unless you have a complicated situation and need the trained advice that only an agent can give. If you prefer, some companies allow you to comparison shop online and still use a local agent.

It’s your choice how you get your quotes, but be certain you are entering exactly the same coverages on every quote. If your comparisons have different limits and deductibles on each one it will be nearly impossible to find the best deal for your Chevy Camaro. Having just a slight variation in insurance coverages could skew the results. Keep in mind that making a lot of price comparisons will increase your chances of finding the best rates.

Get affordable insurance rates with discounts

Buying insurance is not cheap, but there could be significant discounts that many consumers don’t even know exist. Some discounts will apply when you quote, but occassionally some discounts must be specifically requested before they will apply.

• ABS and Traction Control Discounts – Cars that have steering control and anti-lock brakes can stop better under adverse conditions so you can save 10 percent or more.
• Safe Drivers – Safe drivers can save up to 40% or more on their insurance quote for Camaro insurance as compared to drivers with claims.
• Good Student – Maintaining excellent grades can save 20 to 25%. You can use this discount normally well after school through age 25.
• Discount for Multiple Policies – If you can combine your home and auto policy with the same insurance company you could get a discount of approximately 10% to 15%.
• Waiver for an Accident – but companies like Geico and Liberty Mutual allow you one accident without the usual rate increase with the catch being you have to be claim-free prior to the accident.
• Discount for Life Insurance – If the company offers life insurance, you could get better rates if you take out auto and life insurance together.
• Senior Citizen Discount – If you’re over the age of 55, you may qualify for reduced rates for Camaro insurance.

Drivers should understand that many deductions do not apply to all coverage premiums. Some only reduce individual premiums such as collision or personal injury protection. So even though it sounds like it’s possible to get free car insurance, you aren’t that lucky.

A few popular companies and a selection of discounts are outlined below.

• Progressive discounts include multi-policy, multi-vehicle, online quote discount, good student, and homeowner.
• MetLife offers premium reductions for claim-free, multi-policy, good student, good driver, and defensive driver.
• Mercury Insurance has discounts for good driver, anti-theft, annual mileage, age of vehicle, multi-policy, and type of vehicle.
• Nationwide may include discounts for Farm Bureau membership, multi-policy, easy pay, defensive driving, anti-theft, good student, and family plan.
• Geico may offer discounts for anti-theft, military active duty, emergency military deployment, anti-lock brakes, multi-vehicle, and good student.
• AAA includes discounts for education and occupation, good driver, multi-car, pay-in-full, anti-theft, and good student.

Double check with each company or agent what discounts are available to you. All car insurance discounts might not be available to policyholders in your area.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage, there really is no one size fits all plan. Everyone’s needs are different.

Here are some questions about coverages that might point out if your situation could use an agent’s help.

• Am I covered if I drive in a foreign country?
• Why do I need rental car insurance?
• Do I need to file an SR-22 for a DUI in my state?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• What happens if I owe more than my 2012 Chevy Camaro is worth?
• Are split liability limits better than a combined single limit?
• Do I need motorclub coverage?
• What can I do if my company denied a claim?
• Does insurance cover tools stolen from my truck?
• What is high-risk coverage and where do I buy it?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.

Car insurance coverages 101

Having a good grasp of car insurance aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries and damage to your Chevy Camaro.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally the UM/UIM limits do not exceed the liability coverage limits.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for immediate expenses such as X-ray expenses, surgery, nursing services and prosthetic devices. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive car insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like hitting a deer, damage from a tornado or hurricane, damage from flooding and hitting a bird. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision coverage protection

This will pay to fix damage to your Camaro resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like sideswiping another vehicle, hitting a mailbox, hitting a parking meter, crashing into a ditch and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Liability car insurance

This will cover damage that occurs to other’s property or people in an accident. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for claims such as bail bonds, emergency aid, repair bills for other people’s vehicles, repair costs for stationary objects and legal defense fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Save your hard earned cash

When trying to cut insurance costs, it’s very important that you do not sacrifice coverage to reduce premiums. There are a lot of situations where an accident victim reduced collision coverage and learned later they didn’t have enough coverage. Your aim should be to buy the best coverage you can find at the best possible price, not the least amount of coverage.

Insureds switch companies for a number of reasons such as policy non-renewal, lack of trust in their agent, policy cancellation or even unfair underwriting practices. Whatever your reason, finding a new company is pretty simple and you could end up saving a buck or two.

The cheapest 2012 Chevy Camaro insurance can be purchased both online as well as from independent agents, and you should be comparing both in order to have the best chance of saving money. Some companies may not offer rate quotes online and many times these regional insurance providers only sell through independent agents.

To learn more, feel free to visit the resources below:

• Think You’re a Safe Driver? (State Farm)
• Understanding Car Crashes Video (iihs.org)
• What is Covered by GAP Insurance? (Allstate)
• What is a Telematics Device? (Allstate)
• Steps to Take After an Auto Accident (Insurance Information Insitute)
• Tread Depth and Tire Safety (State Farm)