Save on 2014 Chevrolet Corvette Stingray Insurance Quotes

Want lower car insurance rates for your Chevrolet Corvette Stingray? Feel like you’re a prisoner to overpriced car insurance? You’re in good company because many consumers feel financially strained by their car insurance policy.

Companies like State Farm, Geico and Farmers Insurance all claim big savings with ad campaigns and it is challenging if not impossible to see past the corporate glitz and take the time to shop coverage around.

It is always a good idea to get comparison quotes occasionally because prices are constantly changing. Despite the fact that you may have had the best price for Corvette Stingray insurance two years ago the chances are good that you can find a lower rate quote today. Ignore everything you know about car insurance because it’s time to teach you the tricks you need to know to find lower rates on car insurance.

Where can I get the cheapest car insurance?

Most larger insurance companies such as Progressive, Allstate and Geico provide prices direct online. Doing online quotes is possible for anyone as you just enter your personal and coverage information into the quote form. Upon sending the form, the company’s rating system sends out for information on your driving record and credit history and generates pricing information based on the data you entered. Quoting online makes it simple to compare prices but the process of having to visit several different sites and fill out multiple forms can get tiresome after awhile. But it’s absolutely necessary to perform this step if you want to find the lowest possible prices on car insurance.

The easiest way to find better car insurance pricing uses one simple form that obtains quotes from many companies. It’s a real time-saver, requires much less work on your part, and makes comparison shopping much simpler. Immediately after submitting the form, it is rated and you can choose any one of the price quotes you receive. If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the new coverage. The entire process just takes a couple of minutes and may save quite a bit of money.

In order to find out what other companies charge, click here to open in new window and enter your vehicle and coverage information. If you have your current policy handy, we recommend you complete the form with deductibles and limits exactly as they are listed on your policy. This makes sure you’re receiving a rate comparison using the same coverage and limits.

Use discounts on insurance coverage

Companies that sell car insurance do not list every discount they offer in a way that’s easy to find, so we break down both well-publicized as well as the least known credits available to you.

• Good Grades Discount – Excelling in school can get you a discount of up to 25%. Most companies allow this discount up to age 25.
• Discount for Life Insurance – Not all insurance carriers offer life insurance, but some may give you a discounted rate on car insurance if you buy some life insurance in addition to your auto policy.
• Theft Prevention Discount – Vehicles optioned with advanced anti-theft systems have a lower chance of being stolen and therefore earn up to a 10% discount.
• Sign Early and Save – Some insurance coverage companies give discounts for buying a new policy early. This can save 10% or more.
• Memberships – Affiliation with specific professional or occupational memberships or organizations could trigger savings on insurance coverage.
• Pay Early and Save – If paying your policy premium upfront instead of monthly or quarterly installments you can avoid the installment charge.
• Fewer Miles Equal More Savings – Low mileage vehicles could qualify for discounted insurance coveragerates on garaged vehicles.
• Senior Citizens – Mature drivers can possibly qualify for lower premium rates for Corvette Stingray insurance.
• Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts can qualify for discounts of up to 25% or more.

One last thing about discounts, most of the big mark downs will not be given to all coverage premiums. Most cut individual premiums such as liability and collision coverage. Even though it may seem like it’s possible to get free car insurance, it’s just not the way it works.

The best insurance coverage companies and a selection of discounts can be read below.

• State Farm has discounts for defensive driving training, driver’s education, accident-free, good student, anti-theft, and safe vehicle.
• Progressive offers premium reductions for continuous coverage, homeowner, multi-vehicle, multi-policy, online quote discount, good student, and online signing.
• Travelers may include discounts for student away at school, continuous insurance, hybrid/electric vehicle, multi-policy, and home ownership.
• American Family discounts include multi-vehicle, bundled insurance, mySafetyValet, accident-free, and defensive driver.
• Liberty Mutual includes discounts for new graduate, multi-car, exclusive group savings, multi-policy, hybrid vehicle, new move discount, and newly retired.

If you want inexpensive car insurance quotes, ask every company which discounts they offer. Some discounts listed above might not apply in your state. To find providers that offer some of these discounts, click here.

You can change your insurance prices

A large part of saving on insurance coverage is knowing the factors that play a part in calculating insurance coverage rates. When you know what positively or negatively determines premiums, this enables you to make decisions that can earn you lower premium levels.

The list below includes some of the most rate-impacting factors utilized by car insurance companies to help set prices.

• Get a ticket, pay higher rates – Your driving record has a lot to do with how much you pay for insurance. Only having one speeding ticket or other violation could increase your next policy renewal substantially. Attentive drivers tend to pay less for car insurance as compared to careless drivers. Drivers who have dangerous citations like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to drive a vehicle legally.
• Raising physical damage deductibles saves money – Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your Chevy from damage. Examples of some claims that would be covered could be a broken windshield, vandalism, and rolling your vehicle. The deductibles represent how much money you are required to pay in the event of a claim. The more damage repair cost you have to pay, the less money you will pay for insurance coverage for Corvette Stingray insurance.
• Don’t skimp on liability coverage – The liability section of your policy is the protection when a jury decides you are liable for damages caused by your negligence. Your policy’s liability insurance provides you with a defense in court to defend your case. Liability insurance is quite affordable compared to other policy coverages, so drivers should carry high limits.
• Insurance is expensive for teenage drivers – Teen drivers have a tendency to get distracted easily when at the wheel of a vehicle so they pay higher insurance coverage rates. Older drivers are more responsible, are lower risk to insure and are safer drivers.
• Where you live plays a part – Residing in a rural area can be a good thing when buying insurance coverage. Drivers who live in large cities regularly have more auto accidents and more severe claims. Fewer drivers on the road means reduced accidents and a lower car theft rate.
• Compare rates if you combine your policies – Many insurance coverage companies provide a discount to people that buy multiple policies, otherwise known as a multi-policy discount. The discount can be five, ten or even twenty percent. Even though this discount sounds good, drivers will still want to compare other insurance prices to guarantee you are still saving the most.There is a good possibility that you can find lower rates by buying from different companies

Tailor your insurance coverage to you

When it comes to choosing proper insurance coverage, there is no “perfect” insurance plan. Every situation is different so this has to be addressed. For instance, these questions might point out whether your personal situation may require specific advice.

• Is my teen driver covered when they drive my company car?
• If I drive on a suspended license am I covered?
• Am I covered when driving someone else’s vehicle?
• How high should deductibles be on a 2014 Chevy Corvette Stingray?
• What happens if I owe more than my 2014 Chevy Corvette Stingray is worth?
• Will my rates increase for filing one claim?
• Are there companies who specialize in insuring high-risk drivers?
• Am I covered if I break a side mirror?
• Are my friends covered when driving my car?
• Do I need special endorsements for business use of my vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Are insurance coverage companies telling the truth?

Progressive, Allstate and Geico consistently run television and radio advertisements. They all seem to make the promise that drivers can save some big amount if you move your policy. How does each company charge less that you’re paying now?

Companies quote their best rates for the type of insured that will most likely be profitable. For instance, a profitable insured should be a mature driver, has never had a policy lapse, and has a high credit rating. A driver that hits that “sweet spot” gets the lowest rates and will cut their rates substantially.

Potential customers who fall short of these stringent criteria will see higher rates which results in the customer not buying. The wording the ads use say “customers that switch” but not “everyone who gets a quote” save that much when switching. That’s why insurance companies can confidently make the claims of big savings. Each company has different criteria, so it is so important to get price quotes at each policy renewal. Because you cannot predict which insurance coverage company will provide the lowest rates.

Auto insurance 101

Understanding the coverages of car insurance can help you determine the best coverages and the correct deductibles and limits. Car insurance terms can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages offered by car insurance companies.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Chevy Corvette Stingray.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like a tree branch falling on your vehicle, damage from flooding, hitting a bird and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto liability – This protects you from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 100/300/100 which stand for a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability insurance covers claims such as loss of income, medical services, emergency aid and structural damage. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Collision coverage – This coverage pays for damage to your Corvette Stingray from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like colliding with another moving vehicle, rolling your car, driving through your garage door and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses such as funeral costs, prosthetic devices, X-ray expenses and EMT expenses. They are often used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Saving money is sweet as honey

When you buy car insurance online, it’s very important that you do not reduce needed coverages to save money. Too many times, drivers have reduced collision coverage only to discover later that the small savings ended up costing them much more. Your aim should be to buy enough coverage at a price you can afford, but do not skimp to save money.

Lower-priced 2014 Chevy Corvette Stingray insurance can be found both online and from local agencies, and you should be comparing both so you have a total pricing picture. A few companies may not provide price quotes online and many times these smaller providers sell through independent insurance agencies.

Even more information is located in the articles below:

• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)
• Shopping for a Safe Car (Insurance Information Insitute)
• Car Insurance: When not to Skimp (BankRate.com)
• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)