Searching for lower insurance rates for your Chevrolet City Express? Did budget coverage turn out to be an underperforming, overpriced insurance policy? Don’t feel bad because many drivers feel the same as you. With vehicle owners having so many options when it comes to insurance, it can be diffult for drivers to pick the most affordable company.
Finding the best rates is not that difficult. If you have insurance now or need a new policy, you can use these techniques to find the best rates while maximizing coverage. Drivers only need to know the proper way to compare prices on the web.
Part of the auto insurance buying process is learning the factors that play a part in calculating your policy premiums. When you understand what positively or negatively impacts your premiums, this helps enable you to make changes that may reward you with big savings. Many different elements are used when premium rates are determined. A few of the factors are predictable such as your driving history, but other factors are more obscure like your continuous coverage or your commute time.
Shown below are some of the major factors utilized by car insurance companies to help set your premiums.
Some insurers do not list all possible discounts very clearly, so the next list breaks down both well-publicized as well as the least known credits that you can use to lower your rates.
One thing to note about discounts is that many deductions do not apply to the entire cost. Most only apply to the cost of specific coverages such as comprehensive or collision. Despite the appearance that having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.
Some of the larger companies that have these money-saving discounts include:
Double check with every insurance company the best way to save money. All car insurance discounts might not be available to policyholders in your area. If you would like to see a list of insurance companies that offer multiple discounts, follow this link.
Drivers can’t ignore all the ads that claim the cheapest car insurance rates by companies like Allstate, GEICO and Progressive. They all convey the message about savings just by moving your policy.
It sounds good, but how can they all offer you a better deal? It’s all in the numbers.
All the different companies quote their best rates for a prospective insured that will be a good risk. For example, a profitable customer may be between the ages of 30 and 45, carries full coverage, and drives less than 10,000 miles a year. Any person who matches those parameters will probably get the lowest prices and is almost guaranteed to save a lot of money.
People who are not a match for these standards may be forced to pay a more expensive rate with the end result being business going elsewhere. If you listen to the ad wording, they say “people who switch” but not “all drivers who get quotes” save the amount stated. That’s the way companies can make those statements. This really drives home the point why you absolutely need to compare as many free insurance coverage quotes as you can. It is just not possible to predict with any certainty which company will give you the biggest savings.
When choosing the right insurance coverage, there really is no one size fits all plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that can help discover if you could use an agent’s help.
If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It is quick, free and may give you better protection.
Learning about specific coverages of your policy helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverages offered by insurance companies.
Comprehensive insurance – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage protects against things such as vandalism, rock chips in glass, hitting a bird and damage from a tornado or hurricane. The most you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Liability auto insurance – Liability insurance protects you from damages or injuries you inflict on other people or property in an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.
Liability insurance covers claims like bail bonds, repair costs for stationary objects, pain and suffering and repair bills for other people’s vehicles. 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.
Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like doctor visits, rehabilitation expenses, chiropractic care and X-ray expenses. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay
Coverage for uninsured or underinsured drivers – This coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Chevy City Express.
Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.
Collision coverages – This covers damage to your City Express caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for claims such as hitting a parking meter, colliding with a tree and backing into a parked car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.
While you’re price shopping online, it’s not a good idea to skimp on coverage in order to save money. There have been many situations where consumers will sacrifice liability limits or collision coverage only to regret they didn’t have enough coverage. Your strategy should be to purchase plenty of coverage for the lowest price, but don’t skip important coverages to save money.
You just read a lot of information how to lower your 2017 Chevy City Express insurance premium rates. The key thing to remember is the more rate comparisons you have, the higher your chance of finding affordable insurance coverage. You may even discover the lowest priced auto insurance comes from a lesser-known regional company. These companies can often insure niche markets at a lower cost than their larger competitors like State Farm and Allstate.