2013 Chevrolet Sonic Insurance Cost – 9 Tips to Save

Do you get exhausted from trying to scrape together enough money each month for insurance? You are in the same boat as most other vehicle owners.

Vehicle owners have multiple insurance companies to buy insurance from, and even though it’s nice to be able to choose, it can be more difficult to compare rates and cut insurance costs.

Smart consumers take time to price shop coverage as often as possible because insurance prices go up and down regularly. Even if you think you had the best rate on Sonic coverage a couple years back there is a good chance you can find better premium rates now. You can find a lot of wrong information about insurance out there, but we’re going to give you the best ways to quit paying high insurance rates.

Car insurance companies offer many types of discounts

Car insurance is not inexpensive, but you can get discounts to help bring down the price. Most are applied when you complete an application, but a few must be asked about before you will receive the discount.

• Good Driver Discount – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Sonic coverage than drivers with accident claims.
• Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase life insurance from them.
• Military Deployment Discount – Having an actively deployed family member could trigger a small discount.
• Senior Discount – Seniors can possibly qualify for a small decrease in premiums on Sonic coverage.
• Accident Free – Good drivers with no accidents have much lower rates in comparison to drivers with a long claim history.
• Federal Employees – Active or retired federal employment could provide a small rate reduction on Sonic coverage depending on your car insurance provider.
• Low Mileage Discounts – Maintaining low annual mileage can earn substantially lower car insurancerates.
• Safety Course Discount – Successfully completing a safe driver course could save 5% or more depending on where you live.
• Early Signing – A few insurance companies give discounts for signing up prior to your current policy expiration. This can save 10% or more.

A quick disclaimer, many deductions do not apply to your bottom line cost. A few only apply to individual premiums such as comp or med pay. Just because it seems like having all the discounts means you get insurance for free, you’re out of luck. But all discounts will cut the amount you have to pay.

Large car insurance companies and some of their more popular discounts are outlined below.

• Progressive may include discounts for online quote discount, continuous coverage, online signing, good student, and multi-policy.
• AAA may have discounts that include education and occupation, anti-theft, AAA membership discount, multi-car, good student, good driver, and pay-in-full.
• Farmers Insurance offers premium reductions for electronic funds transfer, homeowner, early shopping, youthful driver, teen driver, bundle discounts, and multi-car.
• Geico has savings for good student, air bags, multi-policy, anti-lock brakes, and anti-theft.
• Esurance may offer discounts for safety device, DriveSense, Switch & Save, good student, and anti-theft.
• SAFECO includes discounts for teen safe driver, bundle discounts, anti-theft, multi-car, teen safety rewards, and homeowner.
• State Farm discounts include anti-theft, good student, accident-free, good driver, multiple autos, and passive restraint.

If you want cheaper car insurance quotes, ask all companies you are considering which discounts you may be entitled to. Some discounts might not apply in every state. To locate companies who offer car insurance discounts, click here.

Do I just need basic coverages?

When it comes to buying the best insurance coverage coverage, there really is no one size fits all plan. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that can help discover if your situation may require specific advice.

• Should I have a commercial auto policy?
• Is a new car covered when I drive it off the dealer lot?
• What is covered by UM/UIM coverage?
• Why does it cost so much to insure a teen driver?
• Do I need PIP (personal injury protection) coverage in my state?
• Do I need added coverage for expensive stereo equipment?
• What are the best liability limits?
• Am I covered if I hit a deer?
• What exactly is covered by my policy?
• Can I afford to buy a different vehicle if my 2013 Chevy Sonic is totaled?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of insurance coverage companies in your area.

Insurance coverages 101

Having a good grasp of insurance can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. These are typical coverages offered by insurance companies.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for expenses for things like X-ray expenses, prosthetic devices, funeral costs, nursing services and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive protection

This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as fire damage, falling objects, damage from a tornado or hurricane and hail damage. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability insurance

Liability coverage protects you from damages or injuries you inflict on other people or property that is your fault. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Some companies may use one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like medical services, funeral expenses, bail bonds and attorney fees. The amount of liability coverage you purchase is your choice, but consider buying as high a limit as you can afford.

Coverage for collisions

This coverage will pay to fix damage to your Sonic from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against claims such as driving through your garage door, crashing into a building, rolling your car and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your 2013 Chevy Sonic.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these coverages are set the same as your liablity limits.

You can do this!

Lower-priced insurance coverage can be purchased online in addition to many insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance providers do not provide rates over the internet and most of the time these smaller companies only sell coverage through independent insurance agencies.

As you prepare to switch companies, do not reduce coverage to reduce premium. In too many instances, an insured dropped uninsured motorist or liability limits and learned later that the small savings ended up costing them much more. The goal is to purchase plenty of coverage at the best possible price, not the least amount of coverage.

To read more, feel free to browse the resources below:

• Insurance Losses by Make and Model (iihs.org)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Your Car has been Stolen: Now What? (Allstate)
• Teen Driving Statistics (Geico)
• Drunk Driving Statistics (Insurance Information Insitute)