Compare 2001 Chevrolet Metro Car Insurance Cost

Have you had enough of being strong-armed to buy car insurance? Your situation is no different than the majority of other car owners.

Insurance companies such as Progressive, State Farm and GEICO all promote huge savings with catchy ads and it is difficult to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

If you are paying for car insurance now, you will be able to save some money using this strategy. Finding affordable coverage is not that difficult. But car owners need to have an understanding of the methods companies use to determine prices and take advantage of how the system works.

Low Cost Auto Insurance

To find the best auto insurance prices, there are several ways of comparing rates from different insurance companies. The easiest way to find the lowest 2001 Chevy Metro rates is to get quotes online. It is quite easy and can be accomplished in a couple of different ways.

One of the best ways consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This easy form saves time by eliminating separate quote forms for each company you want a rate for. One form submission will return quotes from multiple low-cost companies.

A harder way to find lower rates requires a trip to each company’s website to request a price quote. For examples sake, we’ll pretend you want to compare rates from State Farm, Esurance and Travelers. To find out each rate you need to take the time to go to each site to input your insurance information, which is why most consumers use the first method.

For a list of links to insurance companies in your area, click here.

Whichever way you use, compare exactly the same coverage information for each price quote. If you use mixed coverages it will be next to impossible to determine the lowest rate for your Chevy Metro. Just a small difference in coverages may result in large price differences. And when quoting auto insurance, remember that getting more free quotes will improve the odds of getting lower pricing.

Do drivers who switch really save $484 a year?

Insurance providers like State Farm, GEICO and Progressive continually stream ads on television and other media. They all make the same claim of big savings after switching your policy. How does each company make the same claim? This is how they do it.

All companies are able to cherry pick for the type of customer they prefer to insure. An example of a driver they prefer might be between 30 and 50, has no driving citations, and drives less than 10,000 miles a year. A driver who matches those parameters gets the lowest rates and as a result will probably save when switching.

Consumers who do not match this ideal profile will have to pay a more expensive rate and ends up with the driver buying from a lower-cost company. Company advertisements say “customers who switch” not “people who quote” save that much. That is how companies can truthfully state the savings. Because of the profiling, drivers must get as many comparisons as possible. It’s just too difficult to predict which insurance companies will have the lowest Chevy Metro insurance rates.

Why your Chevy Metro insurance rates may be high

Consumers need to have an understanding of the different types of things that help determine the price you pay for insurance coverage. When you know what positively or negatively impacts premium levels enables informed choices that may reward you with big savings.

  • Cautious drivers pay less – Just one moving violation can boost insurance rates twenty percent or more. Careful drivers receive lower rates than bad drivers. Drivers who have serious citations like reckless driving, hit and run or driving under the influence may need to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.
  • Better credit scores mean better rates – Credit score is a large factor in calculating your insurance coverage rates. Drivers with high credit scores tend to file fewer claims and have better driving records than those with lower ratings. If your credit rating is low, you could save money insuring your 2001 Chevrolet Metro by improving your credit score.
  • Do men or women drive better? – Statistics have proven women are more cautious behind the wheel. However, this does not mean women are better drivers. They both have accidents in similar numbers, but the males have costlier accidents. They also have more aggressive citations like DUI and reckless driving. Youthful male drivers tend to get in the most accidents and thus pay the highest rates.
  • High numbers of claims are not good – Car insurance companies award better rates to policyholders who file claims infrequently. If you frequently file small claims, you can pretty much guarantee either policy cancellation or increased premiums. Auto insurance is designed for the large, substantial claims.
  • Higher safety ratings means cheaper insurance – Vehicles with good safety scores can get you lower premiums. These vehicles reduce injuries and any reduction in injury severity translates into savings for insurance companies and thus lower rates. If your Chevy Metro has ratings of a minimum 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.
  • Teen drivers pay high rates – Teen drivers are statistically proven to be careless and easily distracted when behind the wheel so insurance coverage rates are higher. Older insureds are more cautious drivers, tend to cause fewer accidents and are safer drivers.
  • Lower deductibles cost more – The deductibles define the amount you are required to spend out-of-pocket before your insurance coverage pays a claim. Coverage for physical damage, also known as collision and other-than-collision, insures against damage to your car. Some examples of claims that would be covered would be running into the backend of another car, vandalism, or theft. The higher the amount the insured has to pay upfront, the lower your rates will be on Metro insurance.
  • Multiple policies with one company can save – Some insurance companies give discounts to policyholders who have multiple policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it’s still a good idea to comparison shop to confirm you are receiving the best rates possible. Drivers may still find a better deal by buying insurance coverage from a different company.

Discounts can save BIG

Companies offering auto insurance don’t necessarily list all available discounts in an easy-to-find place, so we took the time to find both well-publicized and the more hidden savings tricks you should be using.

  • Clubs and Organizations – Belonging to a professional or civic organization is a good way to get lower rates on your policy on Metro insurance.
  • Multi-policy Discount – When you have multiple policies with one insurance company you could get a discount of 10% to 20% off each policy.
  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle their seat belts can save 10% or more off your medical payments premium.
  • Homeowners Discount – Owning a house may earn you a small savings because maintaining a house is proof that your finances are in order.
  • Passive Restraints and Air Bags – Factory air bags can qualify for discounts of 20% or more.
  • Anti-theft System – Anti-theft and alarm systems can help prevent theft and will save you 10% or more.
  • Early Signing – A few companies offer discounts for switching policies before your current expiration date. This can save 10% or more.
  • Accident Forgiveness – A handful of insurance companies permit an accident before hitting you with a surcharge as long as you don’t have any claims for a set time period.
  • New Car Discount – Buying coverage on a new vehicle can be considerably cheaper since new cars are generally safer.

It’s important to note that most discounts do not apply the the whole policy. Some only reduce the cost of specific coverages such as comp or med pay. Just because it seems like you can get free auto insurance, insurance companies aren’t that generous.

For a list of insurers with discount insurance rates, click here.

Will just any policy work for me?

When buying the best auto insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is a little different and your policy should reflect that. These are some specific questions might point out whether your personal situation might need an agent’s assistance.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • What can I do if my company won’t pay a claim?
  • Do I have coverage when making deliveries for my home business?
  • Are all vehicle passengers covered by medical payments coverage?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • When would I need rental car insurance?
  • Do I need higher collision deductibles?
  • Should I carry comprehensive and collision coverage?
  • Is my dog or cat covered if injured in an accident?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

Car insurance coverages explained

Knowing the specifics of a car insurance policy can help you determine the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are typical coverages offered by car insurance companies.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance provide coverage for bills for doctor visits, prosthetic devices, chiropractic care, dental work and rehabilitation expenses. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Collision coverages – Collision insurance pays for damage to your Metro resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as scraping a guard rail, sideswiping another vehicle, crashing into a ditch and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to raise the deductible to bring the cost down.

Liability coverage – Liability insurance provides protection from damage that occurs to other’s property or people that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage protects against things like structural damage, bail bonds, court costs and medical expenses. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Comprehensive insurance – Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as a broken windshield, damage from getting keyed, theft, damage from a tornado or hurricane and hitting a bird. The highest amount a car insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Best coverage at the best price

Low-cost 2001 Chevy Metro insurance can be sourced on the web and with local insurance agents, so you should compare both to get a complete price analysis. Some insurance providers do not offer the ability to get a quote online and usually these small insurance companies provide coverage only through local independent agents.

As you prepare to switch companies, it’s not a good idea to buy lower coverage limits just to save a few bucks. In many cases, someone sacrificed uninsured motorist or liability limits and discovered at claim time that it was a big mistake. Your focus should be to find the BEST coverage at the best price, not the least amount of coverage.

We just covered a lot of techniques to reduce insurance prices online. The key thing to remember is the more quotes you get, the better your comparison will be. You may be surprised to find that the most savings is with the smaller companies. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as Allstate or State Farm.

More tips and info about insurance is available in these articles: