2018 Chevrolet Corvette Insurance Quotes

I can’t think of a single person who likes paying for auto insurance, especially knowing they could find lower prices if they just compared rates. Multiple auto insurance companies compete for your insurance dollar, so it can be very hard to choose a company to discover the definitive lowest price

You need to do rate comparisons on a regular basis since insurance prices change regularly. Just because you found the lowest quotes on Corvette coverage six months ago the chances are good that you can find a lower rate today. There is a lot of bad advice regarding auto insurance out there, but in this article, you’re going to get some tested techniques to find cheap auto insurance.

If you have a policy now or need a new policy, you can learn to find the best rates while maintaining coverages. Choosing the best insurance company for you is not rocket science. Vehicle owners just need to understand how to shop their coverage around online.

How to get free car insurance quotes online

Getting more affordable 2018 Chevy Corvette car insurance pricing can be relatively painless. Consumers just need to take the time comparing rates to find. This is very easy and can be done by using one of the methods below.

  1. Probably the best way to get quotes is to use a rate comparison form click to view form in new window. This quick form prevents you from having to do separate quotation requests for every car insurance company. One form submission gets rate comparisons direct from many companies.
  2. A more difficult way to analyze rates requires you to visit the website of each company to complete a price quote. For instance, we’ll pretend you want to get rates from Liberty Mutual, Allstate and American Family. To get each rate you have to go to every website and enter your policy data, which can get old fast. To view a list of companies in your area, click here.
  3. The most difficult way to compare price quotes is making phone calls or going to local insurance agencies. The ability to quote online eliminates this option unless your situation requires the professional abilities that can only be provided by a licensed insurance agent. Drivers can price shop online but purchase the actual policy in an agency.

You can use whichever method you prefer to find lower rates, just be sure you’re using the same information for every company. If you are comparing different coverage information it’s impossible to determine the best price for your Chevy Corvette.

Find discounts on insurance coverage

Insurance coverage is not cheap nor is it fun to buy but you might be missing out on some discounts that may help make it more affordable. Many discounts should be triggered when you quote, but occassionally some discounts must be specifically requested prior to getting the savings.

  • Drive Less and Save – Fewer annual miles on your Chevy could earn lower premium rates due to less chance of an accident.
  • Telematics Data Discounts – Policyholders that allow their company to scrutinize where and when they drive by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate may get a rate reduction if their driving habits are good.
  • Distant Student Discount – Older children living away from home attending college and do not have access to a covered vehicle can receive lower rates.
  • Homeowners Discount – Owning a house can help you save on insurance coverage since owning and maintaining a home means you have a higher level of financial diligence.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of making monthly payments you could save 5% or more.
  • Discounts for Government Workers – Employees or retirees of the government may reduce rates when you quote auto insurance on Corvette coverage with a few insurance coverage companies.
  • Drivers Education – It’s a good idea to have your young drivers successfully complete driver’s ed class if offered at their school.

Consumers should know that most of the big mark downs will not be given to the entire cost. Some only reduce the cost of specific coverages such as comp or med pay. Despite the fact that it seems like you can get free auto insurance, nobody gets a free ride. Any qualifying discounts will lower your policy premiums.

A few of the larger companies and a selection of discounts can be found below.

  • State Farm offers discounts including defensive driving training, good student, Steer Clear safe driver discount, multiple policy, safe vehicle, and anti-theft.
  • Progressive includes discounts for multi-vehicle, homeowner, online signing, multi-policy, continuous coverage, online quote discount, and good student.
  • Progressive offers discounts for multi-vehicle, online signing, continuous coverage, good student, and online quote discount.
  • MetLife has savings for good driver, multi-policy, good student, claim-free, accident-free, defensive driver
  • Farm Bureau has discounts for 55 and retired, safe driver, driver training, renewal discount, and youthful driver.
  • Geico offers premium reductions for five-year accident-free, anti-theft, daytime running lights, emergency military deployment, membership and employees, air bags, and anti-lock brakes.
  • SAFECO discounts include bundle discounts, teen safety rewards, multi-car, safe driver, and anti-theft.

When getting free auto insurance quotes, it’s a good idea to every company which discounts they offer. Discounts might not apply in your area. To see a list of insurance companies with the best insurance coverage discounts, follow this link.

Lower your insurance rates

Lots of things are used in the calculation when you get a price on insurance. Some factors are common sense like an MVR report, but other criteria are more transparent such as your credit history or how financially stable you are.

The items below are a partial list of the pieces used by your company to calculate prices.

  • Lower rates for married couples – Your spouse may cut your premiums on your insurance coverage bill. It usually means you are more mature and it’s proven that being married results in fewer claims.
  • Where you call home plays a part – Having an address in a small town may provide you with better prices when shopping for auto insurance. Fewer drivers means reduced accidents and also fewer theft and vandalism claims. People who live in big cities tend to have traffic congestion and longer commutes to work. More time commuting translates into higher accident risk.
  • Liability insurance limits are a factor – Liability insurance provides coverage if you are ruled to be at fault for damages from an accident. This coverage provides you with a defense in court to attempt to prove you were not liable. This coverage is relatively inexpensive as compared to coverage for physical damage, so drivers should carry high limits.
  • Lower rates for safer vehicles – Cars with five star safety ratings can get you lower premiums. Safe vehicles protect occupants better and lower rates of occupant injuries translates directly to fewer claims and cheaper rates on your policy. If your Chevy is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Consolidating policies can get discounts – Lots of insurance companies afford a discount to insureds who have multiple policies with them in the form of a multi-policy discount. The discount can be 10 percent or more. Even though this discount sounds good, it’s still a good idea to get quotes from other companies to guarantee you are still saving the most.
  • Battle of the sexes – The statistics show females are less aggressive when driving. That doesn’t necessarily mean that women are better drivers. Men and women cause fender benders at a similar rate, but guys tend to have higher claims. In addition to higher claims, males also get higher numbers of serious violations like reckless driving and DUI. Male teenagers have the highest risk to insure so it costs more to insure them.
  • Cut rates and deter theft – Selecting a car model with advanced anti-theft systems can get you a discount on your insurance coverage. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder auto theft.

Tailor your insurance coverage to you

When buying coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that For example, these questions can aid in determining whether or not you might need professional guidance.

  • Are rock chip repairs covered?
  • Do I need replacement cost coverage on my 2018 Chevy Corvette?
  • Is my trailer covered?
  • Is my 2018 Chevy Corvette covered for flood damage?
  • Can I drive in Mexico and have coverage?
  • What is medical payments coverage?

If you’re not sure about those questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It only takes a few minutes and can help protect your family.

Information about specific coverages

Knowing the specifics of car insurance aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average car insurance policy.

Insurance for medical payments – Coverage for medical payments and/or PIP kick in for immediate expenses for things like EMT expenses, ambulance fees and chiropractic care. They can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Auto liability insurance – Liability insurance can cover injuries or damage you cause to a person or their property in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined limit which provides one coverage limit without having the split limit caps.

Liability insurance covers claims such as funeral expenses, emergency aid and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.

Collision – Collision insurance pays for damage to your Corvette resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like colliding with another moving vehicle, damaging your car on a curb and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from getting keyed, rock chips in glass, a broken windshield, vandalism and damage from a tornado or hurricane. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Frequently these limits do not exceed the liability coverage limits.

Don’t break the bank

Cheap 2018 Chevy Corvette insurance can be sourced from both online companies and from local insurance agents, and you should compare price quotes from both to have the best selection. Some companies may not have price quotes online and usually these regional insurance providers work with independent insurance agents.

While you’re price shopping online, it’s a bad idea to skimp on coverage in order to save money. In too many instances, an insured cut full coverage only to regret that the small savings ended up costing them much more. Your goal is to buy enough coverage at an affordable rate, not the least amount of coverage.

More learning opportunities

Comments About 2018 Chevrolet Corvette Insurance

  1. Lavon Torres

    I found cheap 2018 Chevrolet Corvette insurance in Saint Louis, MO with Allstate.

  2. Loris Humphrey

    If you’re around Reno, NV try State Farm and Progressive and see which is cheaper.

  3. Jefferson Bolton

    Cheap car insurance? What’s that? Located in Des Moines, IA. Got car insurance quotes from GMAC, AAA, Nationwide, and a couple others for my 2018 Chevrolet Corvette and saved $101 a year. Insured with Encompass before. My new agent seems to be really good. Not sure if rates are cheaper online or through an agent.

  4. Cassie Dickson

    From west side of Manchester, NH. Received quotes from Auto-Owners, Nationwide, and a few others for my 2018 Chevrolet Corvette and saved around $280 a year. I get lower rates because of my clean driving record. Highly recommended.