Lower Your 2018 Chevrolet Camaro Insurance Rates

Want the cheapest insurance coverage rates for your Chevrolet Camaro? Are you at wits end from wondering where the money will come from to pay high insurance coverage rates every month? You are in the same boat as many other vehicle owners.

With vehicle owners having so many online and local companies to choose from, it’s difficult to choose the best insurance company.

It is always a good idea to get comparison quotes before your policy renews because prices trend upward over time. If you had the lowest rate for Camaro coverage at your last renewal the chances are good that you can find a lower premium rate today. Block out anything you think you know about insurance coverage because you’re going to learn one of the easiest ways to save money, get proper coverage and the best rates.

Insurance price influencing factors

Many factors are part of the equation when pricing auto insurance. Most are fairly basic like your driving record, but other factors are not quite as obvious like where you live or your commute time.The best way to find cheaper car insurance is to take a look at the rating factors that play a part in calculating the level of your policy premiums. If you have some idea of what positively or negatively impacts your premiums, this allows you to make educated decisions that will entitle you to better car insurance rates.

  • Pleasure use or commuting – The more you drive your Chevy in a year’s time the more you will pay for car insurance. Most insurance companies calculate prices determined by how the vehicle is used. Autos that do not get driven very much qualify for better rates than those that get driven frequently. An incorrectly rated Camaro may be costing you. Double check that your car insurance policy states the correct usage, because it can save money.
  • Incidental coverages could be costing you – Insurance policies have a lot of extra coverages that sound like a good idea at the time but may not be useful. Coverages like roadside assistance, accidental death, and extra life insurance coverage are examples of these. These may sound like a good investment when you first buy your policy, but your needs may have changed so eliminate them to save money.
  • Are men or women drivers cheaper? – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. The data does not necessarily mean that females are better at driving than males. Women and men are in fender benders at a similar rate, but the male of the species tend to have higher claims. Not only are claims higher, but men get higher numbers of serious violations like reckless driving and DUI.
  • Maintain car insurance coverage – Having a lapse in insurance coverage can be a fast way to drive up your policy premiums. Not only will rates go up, failure to provide proof of insurance may earn you fines or a revoked license.
  • Employer reflects on car insurance rates – Jobs like doctors, social workers and stock brokers tend to have higher rates than the rest of us in part from intense work situations and extremely grueling work hours. Other jobs like actors, athletes and retirees pay the least for Camaro coverage.
  • Increase coverage deductibles to save – The deductibles are the amount of money you are willing to pay if a covered claim is submitted. Protection for physical damage, also called ‘full coverage’, is used to repair damage to your car. Some coverage claims are a windshield broken by a bird, animal collisions, or theft of your vehicle. The higher the amount you’re willing to pay, the lower your rates will be for Camaro coverage.
  • Credit history impact car insurance prices – An insured’s credit rating factor in determining premium rates. Drivers who have very high credit ratings tend to be more responsible than drivers who have lower credit ratings. If your credit rating can use some improvement, you could save money insuring your 2018 Chevrolet Camaro by repairing your credit.
  • Pay less after the wedding – Getting married may earn you lower rates on your policy. Having a significant other is viewed as being less irresponsible and it’s proven that married drivers get in fewer accidents.

Compare car insurance quotes

There are a lot of ways to compare car insurance prices but there is one way that is easier and takes less work. You can spend your afternoon talking about coverages with agents in your area, or you can utilize online quotes to get rates in a matter of minutes.

Many of the larger companies belong to a marketplace where insurance shoppers submit one quote, and each participating company then gives them pricing based on that information. This saves time by eliminating quote requests for every car insurance company.

To submit your quote information now, click here to start a free quote.

The one disadvantage to doing it this way is you cannot specify the companies you will receive quotes from. So if you want to choose specific insurance companies to compare rates, we have a page of car insurance companies in your area. View list of insurance companies.

It doesn’t matter which method you choose, just ensure you are comparing exactly the same coverage limits and deductibles for every company. If you have different coverage information it will be very difficult to determine which rate is truly the best. Just slight variations in insurance coverages can result in a big premium difference. Just keep in mind that obtaining a wide range of quotes increases the change that you will find a lower rate. Some smaller insurers to not give prices over the internet, so it’s necessary to compare price estimates from the smaller companies as well.

Affordable car insurance quotes with discounts

Some insurers don’t always publicize the complete list of policy discounts in a way that’s easy to find, so the list below gives a summary of a few of the more common in addition to some of the lesser obvious discounts you could be receiving when you buy insurance coverage online.

  • Military Deployment Discount – Having a deployed family member could be rewarded with lower premium rates.
  • E-sign Discounts – Some of the larger companies will give you a small discount for buying a policy and signing up on their website.
  • Pay Now and Pay Less – If you pay your bill all at once rather than spreading payments over time you may have a lower total premium amount.
  • Theft Deterent – Cars and trucks equipped with anti-theft or alarm systems are stolen with less frequency so companies will give you a small discount.
  • Include Life Insurance and Save – Larger car insurance companies have a discount if you purchase a life insurance policy as well.
  • Student in College – Kids who live away from home at college and do not have access to a covered vehicle may be insured at a cheaper rate.
  • Switch and Save Discount – Some car insurance companies reward drivers for signing up early. This can save 10% or more.
  • Telematics Devices – Drivers who agree to allow driving data submission to track where and when they drive by installing a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates as long as they are good drivers.

A quick disclaimer, most discount credits are not given to the entire cost. Some only reduce specific coverage prices like liability and collision coverage. Despite the fact that it seems like all those discounts means the company will pay you, companies don’t profit that way.

Some of the insurance companies that may offer quotes with most of the discounts above include:

If you need lower rates, check with all companies you are considering how you can save money. Some discounts might not be offered in your area. To choose providers that offer discounts, click here.

Tailor your insurance coverage coverage to you

When choosing the best insurance coverage coverage, there really is no “perfect” insurance plan. Everyone’s needs are different so your insurance needs to address that. For instance, these questions can help discover if your situation may require specific advice.

  • Am I covered when driving a rental car?
  • Is other people’s property covered if stolen from my vehicle?
  • Is there coverage for injuries to my pets?
  • What are the financial responsibility laws in my state?
  • What is high-risk coverage and where do I buy it?
  • How do I insure my teen driver?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Detailed coverages of your auto insurance policy

Learning about specific coverages of a auto insurance policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be confusing and coverage can change by endorsement. Shown next are typical coverage types found on most auto insurance policies.

Coverage for medical payments

Med pay and PIP coverage pay for immediate expenses such as dental work, X-ray expenses and hospital visits. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. They cover you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Comprehensive coverages

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as hitting a deer, a broken windshield, rock chips in glass, vandalism and a tree branch falling on your vehicle. The most your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Auto collision coverage

Collision coverage pays for damage to your Camaro resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like driving through your garage door, hitting a parking meter, sideswiping another vehicle, rolling your car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.

Liability insurance

This coverage provides protection from damage or injury you incur to other’s property or people in an accident. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things like emergency aid, bail bonds and attorney fees. How much liability should you purchase? That is up to you, but consider buying higher limits if possible.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Power to the consumer

Throughout this article, we presented a lot of ways to lower your 2018 Chevy Camaro insurance prices. It’s most important to understand that the more providers you compare, the higher the chance of saving money. Consumers could even find that the most savings is with a smaller regional carrier. They often have lower rates on specific markets than their larger competitors like Progressive or GEICO.

Some insurance companies do not provide online price quotes and many times these small insurance companies only sell through independent agents. Lower-priced insurance is available both online in addition to many insurance agents, so you should compare both to have the best chance of lowering rates.

When trying to cut insurance costs, it’s not a good idea to skimp on critical coverages to save a buck or two. In many instances, an insured dropped collision coverage and discovered at claim time that they should have had better coverage. Your objective should be to get the best coverage possible at an affordable rate, not the least amount of coverage.

Additional detailed information is located by following these links:

Comments About 2018 Chevrolet Camaro Insurance

  1. Debbi Santana

    I live just to the west of Nashville, TN. Quoted rates from AAA, Encompass, and MetLife for my 2018 Chevrolet Camaro and I’m now saving $32 a month. Highly recommended.