Cheap 2014 Chevrolet Volt Insurance Quotes

Trying to find the cheapest auto insurance rates for your Chevrolet Volt? Have you had enough of not being able to afford to pay high auto insurance rates every month? You’re in the same situation as many other drivers. You have multiple insurance companies to pick from, and although it’s nice to have multiple companies, more choices can make it harder to find the best rates for your vehicles.

Buying car insurance is easy if you know what you’re doing. If you currently have car insurance, you will most likely be able to reduce your rates substantially using these tips. Drivers just need to know the most effective way to compare company rates over the internet.

Buy auto insurance online

Finding a lower price on 2014 Chevy Volt insurance is surprisingly easy. Drivers just need to spend a few minutes on the computer comparing rate quotes provided by online insurance companies. It’s super easy and can be done in just a few minutes using one of these methods.

• Experts agree that the best way to get the best comparison quotes is an all-inclusive rate comparison click to view form in new window. This form saves time by eliminating separate quotation requests for each price estimate. One form compares rates from multiple low-cost companies.
• A slightly less efficient method to obtain and compare quotes online is going to the website for each individual company and complete a new quote form. For instance, let’s assume you want to compare rates from State Farm, Esurance and Allstate. To do that, you would have to navigate to each company’s site and type in your information over and over, which can be really labor intensive.

  For a list of links to insurance companies in your area, click here.

• Even if you have time, the least recommended method to find lower rates is going to local insurance agencies. Quoting online has reduced the need for local agents unless you want the professional abilities only provided by licensed agents. You can, however, get the lowest quotes online but have your policy serviced through an agent.

It’s up to you which method you use, but make sure you use the same coverage limits on every quote you get. If you are comparing different deductibles it will be nearly impossible to get a fair rate comparison.

Do you qualify for discounts?

Companies offering auto insurance don’t always advertise all disounts in an easy-to-find place, so here is a list a few of the more well known as well as some of the hidden savings tricks you should be using when you buy insurance online. If you do not check that you are getting every discount you deserve, you may be paying too high a price.

• Passenger Safety Discount – Options like air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.
• Theft Deterent Discount – Cars, trucks, and SUVs with anti-theft systems can help prevent theft and can earn a small discount on your policy.
• Sign Early and Save – A few insurance companies give discounts for renewing your policy before your current coverage expires. You could save around 10% when you buy insurance online.
• Seat Belt Usage – Drivers who always wear seat belts and also require passengers to use their safety belts can save a little off PIP or medical payments premium.
• Low Mileage Discounts – Low mileage vehicles could earn lower rates on the low mileage vehicles.

As a sidenote, some of the credits will not apply the the whole policy. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So when it seems like having all the discounts means you get insurance for free, that’s just not realistic.

Auto insurance companies that have many of the previously listed discounts possibly include:

• American Family
• State Farm
• 21st Century
• Travelers
• Geico

If you want low cost insurance quotes, ask all the companies which discounts they offer. Discounts might not be offered in your area. To choose insurance coverage companies that offer the discounts shown above, follow this link.

Don’t assume everyone needs the same insurance coverage

When choosing the best insurance coverage, there really is not a “best” method to buy coverage. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that can help discover whether your personal situation might need an agent’s assistance.

• Am I covered by my spouse’s policy after a separation?
• Should I carry comprehensive and collision coverage?
• How does medical payments coverage work?
• Why do I need rental car insurance?
• Does my 2014 Chevy Volt need full coverage?
• Am I covered if I crash into my own garage door?
• How much liability insurance is required?

If you can’t answer these questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, free and may give you better protection.

How insurance companies determine Chevy Volt insurance prices

Smart consumers have a good feel for the factors that play a part in calculating your premiums. If you have a feel for what determines premiums, this enables informed choices that could help you find cheaper rates. Many factors are taken into consideration when pricing auto insurance. A few of the factors are predictable like an MVR report, but others are not as apparent like where you live or your commute time.

The items below are some of the major factors companies use to determine premiums.

• Where you reside plays a part – Choosing to live in areas with lower population has definite advantages when shopping for auto insurance. Less people translates into fewer accidents and also fewer theft and vandalism claims. Residents of big cities tend to have more auto accidents and higher rates of accident claims. More time on the road means more chances of being involved in an auto accident.
• Cheaper rates with safer cars – Vehicles with high crash test scores tend to be cheaper to insure. Safe vehicles result in less severe injuries and fewer injuries means less money paid by your insurance company and more competitive rates for policyholders.
• Being married equates to better rates – Your spouse may earn you lower rates on your auto insurance bill. Marriage usually means you are more mature than a single person and statistics show married drivers get in fewer accidents.
• Car plus home equals more savings – Most auto insurance companies will award discounts to customers that buy multiple policies in the form of a multi-policy discount. Even with this discount, it’s still a good idea to check prices from other companies to confirm you are receiving the best rates possible. Consumers may save even more than the discount by buying auto insurance from a different company.
• Get a ticket, pay higher costs – Good drivers get better prices compared to drivers with tickets. Just one speeding ticket or other violation can bump up the cost twenty percent or more. Drivers who get dangerous tickets like DUI or reckless driving may face state-mandated requirements to file a SR-22 with their state in order to legally drive a vehicle.
• How do annual miles impact prices? – Driving more miles each year the higher your rate. A lot of insurance companies rate vehicles based upon how the vehicle is primarily used. Cars used primarily for pleasure use get more affordable rates than those used for commuting. It’s always a good idea to double check that your declarations sheet shows the right rating data. Having the wrong rating on your Volt is throwing money out the window.

Save $417 a year. For real?

Drivers constantly see and hear ads for cheaper insurance from companies such as Allstate and Progressive. They all seem to convey the message about how much you will save if you change your policy.

But how can every company offer drivers better rates? This is the way they can do it.

Insurance providers quote their cheapest rates for the right customer that is profitable for them. An example of this type of driver should be over age 30, has a clear driving record, and drives a safe vehicle. Someone who matches that profile is entitled to the best price and most likely will cut their rates if they switch.

Potential customers who fall short of the “perfect” profile may be required to pay higher premiums and this results in business not being written. If you listen to the ad wording, they say “customers who switch” but not “everyone who gets a quote” can get the lowest rates when switching. That is how companies can advertise the savings. This really illustrates why you need to get a wide range of price quotes. Because you cannot predict with any certainty which company will provide you with the cheapest rates.

Specific coverages for a 2014 Chevy Volt

Knowing the specifics of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Shown next are the normal coverages found on most insurance policies.

Auto collision coverage

This coverage will pay to fix damage to your Volt resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as colliding with another moving vehicle, crashing into a building and crashing into a ditch. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for expenses for rehabilitation expenses, hospital visits and nursing services. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive insurance

This pays for 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 can pay for things such as rock chips in glass, a broken windshield and damage from flooding. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for uninsured or underinsured drivers

This coverage gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as damage to your Chevy Volt.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Liability auto insurance

Liability insurance can cover injuries or damage you cause to a person or their property in an accident. This coverage protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability 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 property damage coverage for $100,000.

Liability can pay for claims such as emergency aid, structural damage and bail bonds. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Be a money saver!

When searching for cheaper insurance quotes, make sure you don’t reduce needed coverages to save money. In many instances, an accident victim reduced collision coverage only to find out that it was a big error on their part. Your aim should be to find the BEST coverage for the lowest cost, but don’t skip important coverages to save money.

The cheapest 2014 Chevy Volt insurance is possible both online in addition to local insurance agencies, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies don’t offer rates over the internet and most of the time these regional carriers sell through independent insurance agents.

More information

• Collision Coverage (Liberty Mutual)
• Auto Theft Statistics (Insurance Information Insitute)
• Should I Buy a New or Used Car? (Allstate)
• Child Safety Seats (Insurance Information Insitute)