Trying to come up with a payment for high-priced insurance coverage can stress out your funds and force you to make sacrifices. Comparing price quotes can lower your rates and help to slash your bill and have more diposable income.
Many car insurance companies vie for your hard-earned dollar, so it can be very hard to choose a provider and get the definite lowest cost out there.
Companies that sell car insurance don’t always publicize all disounts in an easy-to-find place, so we break down some of the more common as well as the least known savings tricks you should be using when you buy insurance coverage online. If you check and find you aren’t receiving every discount you qualify for, you’re just leaving money on the table.
While discounts sound great, it’s important to understand that some credits don’t apply to the entire cost. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So despite the fact that it appears all those discounts means the company will pay you, nobody gets a free ride.
Larger auto insurance companies and some of the discounts can be found below.
If you want low cost insurance coverage quotes, ask every prospective company which discounts you may be entitled to. Discounts may not be offered in your area.
To find affordable insurance coverage quotes, there are several ways of comparing rate quotes from insurance coverage companies in your area. The easiest way to lower the rate you pay for 2013 Chevy Volt insurance is simply to get online rate quotes. This is very easy and can be done in several different ways.
For a handy list of car insurance company links in your area, click here.
Whichever way you choose to compare rates, be sure to compare apples-to-apples quote information with every price quote. If you compare differing limits it will be very difficult to make an equal comparison. Just a small difference in insurance coverages or limits may result in large price differences. Just keep in mind that comparing all the rates in your area increases your odds of finding a better price. Some insurance companies are not set up to provide online quotes, so it’s important to compare price quotes from those companies as well.
Lots of factors are part of the equation when premium rates are determined. A few of the factors are predictable such as your driving history, but other factors are less apparent like where you live or your commute time.Smart consumers have a good feel for some of the factors that help calculate your policy premiums. When you know what positively or negatively determines base rates, this enables informed choices that may result in much lower annual insurance costs.
The factors shown below are most of the major factors that factor into your rate level.
When choosing the right insurance coverage, there is no cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that Here are some questions about coverages that can help discover whether your personal situation may require specific advice.
If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier
Having a good grasp of a insurance policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages available from insurance companies.
Comprehensive auto coverage
Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims such as fire damage, rock chips in glass and a broken windshield. The highest amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Liability coverages
This provides protection from injuries or damage you cause to people or other property by causing an accident. This coverage protects you from claims by other people. It does not cover your own vehicle damage or injuries.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage protects against claims like emergency aid, legal defense fees, pain and suffering, medical services and structural damage. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Chevy Volt.
Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Collision insurance
Collision insurance pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like scraping a guard rail, damaging your car on a curb and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible to bring the cost down.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP reimburse you for immediate expenses such as chiropractic care, hospital visits, pain medications, rehabilitation expenses and EMT expenses. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay
As you restructure your insurance plan, never buy lower coverage limits just to save a few bucks. Too many times, an insured cut liability limits or collision coverage and learned later that they should have had better coverage. Your goal should be to buy enough coverage at the best cost, but do not skimp to save money.
Throughout this article, we presented some good ideas how you can get a better price on 2013 Chevy Volt insurance. The key thing to remember is the more rate comparisons you have, the higher your chance of finding low cost insurance coverage. Consumers could even find that the lowest premium rates come from some of the lesser-known companies. Smaller companies often have lower prices on specific markets than the large multi-state companies such as Allstate or State Farm.
More detailed insurance coverage information is available at these sites:
Misha Talley
Checking in from Portland, ME. Got rates from State Farm, Encompass, and Hartford for my Chevrolet and I’m now saving $25 a month. BTW speeding tickets are not good.
Riley Melendez
Great info, thanks for posting. I’m in the suburbs of Raleigh, NC. Received quotes from Allstate, Auto-Owners, Erie, and Hartford for my Chevrolet and saved just over $390 a year. Just waiting to see how claims go.
Eileen Mcbride
Here’s what I found out. I’m in Pittsburgh, PA. Received rates from Safeco, Esurance, GEICO, and Auto-Owners for my 2013 Chevrolet Volt and saved about $360 a year. BTW speeding tickets are not good. Are quotes cheaper online?
Leanora Contreras
I live just to the east of Nampa, ID. Received prices from GEICO, American Family, and some I forget for my 2013 Chevrolet Volt and saved about $320 a year. Insured with Mercury before. I increased coverages a little too. Just waiting to see how claims go.
Emilee Peterson
Cheaper not always better. I live west of Aberdeen, SD. Compared quite a few companies. Saved right around $20 a month. 21st Century was the most affordable for me. Moved home policy as well.
Jennell Mejia
Checking in from Tacoma, WA. Got car insurance rates from USAA, Auto-Owners, Hartford, and Nationwide for my Chevrolet and saved $224 a year. Switched homeowners coverage too. I used their online quote form to compare rates.
Sung Nash
I got a good deal I think. I live west of Spokane, Washington. I got free quotes with GEICO, Amica, and some I forget for my Volt and saved just over $100 a year. It’s still not cheap enough.
Lorean Holder
I live in a small town just outside of Las Cruces, NM. Received rates from Travelers, Amica, GMAC, and Sentry for my Volt and am saving around $190 a year. Got better coverage too.