Did you fall for a flashy sales pitch and buy an overpriced insurance policy? Trust us when we tell you you’re not alone.
Companies like Allstate and Progressive promote their brand names with ad campaigns and it is challenging if not impossible to see through the deception and find the best price available.
If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Finding the best rates is easy if you know what you’re doing. But vehicle owners do need to understand the way companies sell insurance online because it can help you find the best coverage.
Effectively comparing insurance prices can take hours if you don’t understand the easiest way. You can waste a lot of time talking to insurance agencies in your area, or you can stay home and use online quotes to get rate comparisons in just a few minutes.
Many of the larger companies belong to an insurance system that enables customers to send in one quote, and each participating company provides a quote based on that data. This prevents consumers from doing quotation requests to each company.
To access this free quoting program, click here to open in new window.
The one downside to getting quotes like this is you cannot specify which carriers you want pricing from. So if you want to choose specific insurance companies for rate comparison, we have a page of the cheapest insurance companies in your area. View list of insurance companies.
Whichever method you choose, compare exactly the same deductibles and coverage limits for every company. If you use differing limits you can’t possibly find the best deal for your Chevy Cavalier. Slightly different insurance coverages can result in a big premium difference. And when price shopping your coverage, comparing a large number of companies provides better odds of finding a better price.
Companies offering auto insurance don’t always list all their discounts in a way that’s easy to find, so the following is a list of some of the more common and the more hidden insurance savings.
Consumers should know that most discounts do not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you could get a free insurance policy, insurance companies aren’t that generous.
Car insurance companies that possibly offer these discounts may include but are not limited to:
Check with every prospective company which discounts you may be entitled to. All car insurance discounts may not apply everywhere.
When it comes to choosing adequate coverage, there isn’t really a one size fits all plan. Everyone’s needs are different and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine if your situation might need professional guidance.
If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
Having a good grasp of your car insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Car insurance terms can be impossible to understand and reading a policy is terribly boring. These are typical coverage types found on most car insurance policies.
This will cover damages or injuries you inflict on other’s property or people in an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability insurance covers things such as court costs, legal defense fees, repair costs for stationary objects, funeral expenses and medical expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.
Protection from uninsured/underinsured drivers
Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your 2001 Chevy Cavalier.
Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.
Medical expense insurance
Med pay and PIP coverage pay for short-term medical expenses such as rehabilitation expenses, funeral costs and pain medications. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers you and your occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Comprehensive (Other than Collision)
This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as damage from flooding, fire damage and damage from a tornado or hurricane. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
This coverage pays for damage to your Cavalier from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.
Collision coverage protects against things like hitting a parking meter, colliding with a tree and colliding with another moving vehicle. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.
When trying to cut insurance costs, don’t be tempted to skimp on critical coverages to save a buck or two. In too many instances, an insured dropped collision coverage only to regret at claim time that the few dollars in savings costed them thousands. Your focus should be to find the BEST coverage at a price you can afford while still protecting your assets.
Low-cost 2001 Chevy Cavalier insurance is definitely available from both online companies as well as from independent agents, and you should compare price quotes from both in order to have the best price selection to choose from. A few companies don’t offer online price quotes and most of the time these small insurance companies sell through independent agents.
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