Trying to find the cheapest car insurance rates for your Chevrolet Volt? Have you finally had enough of sacrificing other expenses to insure your Chevy every month? You have the same problem as the majority of other consumers. Companies like Geico and Progressive all promote huge savings with ad campaigns and it can be hard to see past the geckos and flying pigs and take the time to shop coverage around.
The method we recommend to compare rate quotes is to take advantage of the fact most of the larger companies actually pay money for the chance to give rate comparisons. The only thing you need to do is provide information such as if you have a valid license, how your vehicles are used, your job, and whether or not you need a SR-22. Your rating data is instantly provided to multiple car insurance providers and you get price estimates immediately.
To compare multiple company rates now, click here and find out if you can get cheaper insurance.
Companies that sell car insurance don’t necessarily list all their discounts in a way that’s easy to find, so we took the time to find some of the more common and the harder-to-find discounts that may be available. If they aren’t giving you every credit you deserve, you are not getting the best rate possible.
It’s important to note that many deductions do not apply to the overall cost of the policy. Most only cut individual premiums such as liability, collision or medical payments. Just because it seems like all those discounts means the company will pay you, insurance coverage companies aren’t that generous.
A few popular companies and some of their more popular discounts are:
Double check with each insurance company to give you their best rates. Savings might not be offered in your area.
When it comes to choosing the right insurance coverage, there isn’t really a single plan that fits everyone. Every situation is different so your insurance should reflect that Here are some questions about coverages that can help discover whether you might need professional guidance.
If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.
Consumers can’t escape the ads for cheaper car insurance by State Farm and Allstate. They all convey the message that drivers can save some big amount after switching your car insurance policy to them.
How can each company charge lower premium rates? It’s all in the words they use.
Car insurance companies have a certain “appetite” for the right customer that earns them the highest profit. A good example of a desirable insured might have to be over age 30, has never had a claim, and drives less than 10,000 miles a year. A customer that fits those parameters is entitled to the best price and will probably cut their rates substantially.
Insureds who cannot meet those criteria will see higher rates and ends up with the customer not purchasing. If you listen to the ad wording, they say “people who switch” not “everyone that quotes” save that much when switching. That is how companies can truthfully state the savings. This really illustrates why you need to get a wide range of price quotes. Because without a comparison, you cannot know which car insurance company will give you the biggest savings.
Understanding the coverages of insurance aids in choosing the best coverages at the best deductibles and correct limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types offered by insurance companies.
Comprehensive insurance – This coverage will pay to fix 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 things like a broken windshield, damage from flooding and theft. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Liability coverages – This coverage provides protection from damage or injury you incur to other’s property or people that is your fault. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.
Liability coverage protects against things like attorney fees, structural damage, medical services, legal defense fees and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for bills such as doctor visits, pain medications, ambulance fees and dental work. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Collision coverages – Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things such as sideswiping another vehicle, colliding with another moving vehicle, backing into a parked car, hitting a parking meter and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to increase the deductible in order to get cheaper collision rates.
Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.
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 is very important.
Budget-friendly insurance coverage can be found from both online companies and from local insurance agents, and you should compare price quotes from both to have the best rate selection. Some insurance providers don’t offer online quoting and many times these regional insurance providers only sell through local independent agencies.
In this article, we presented some good ideas how you can lower your 2017 Chevy Volt insurance car insurance rates. The key thing to remember is the more companies you get premium rates for, the better your comparison will be. You may even discover the most savings is with the least-expected company. Some small companies may often insure only within specific states and give getter rates than their larger competitors like Allstate and Progressive.
Additional detailed information is available in these articles: