Cheap 2011 Chevrolet Traverse Insurance Rates

Looking for the cheapest car insurance rates for your Chevrolet Traverse? Tired of being strong-armed to buy car insurance? You are no different than many other consumers.

Numerous insurance companies battle for your insurance dollar, so it can be very hard to choose a insurance company and get the definite lowest cost out there.

If you currently have car insurance, you will most likely be able to save some money using this strategy. Choosing the best insurance company for you is quite easy. Although drivers must know the methods companies use to price insurance differently and apply this information to your search.

Comprehensive Car Insurance Comparison

When shopping for car insurance there are multiple ways to compare rate quotes from car insurance companies in your area. The quickest method to find the cheapest 2011 Chevy Traverse insurance rates involves getting comparison quotes online. This is very easy and can be done using a couple different methods.

  • The easiest and least time consuming way to find low rates would be an industry-wide quote request form click to view form in new window. This method saves time by eliminating a different quote for every car insurance company. Filling out one form compares rates from many national carriers.
  • A harder way to compare rate quotes consists of visiting each company website and fill out their own quote form. For example, let’s assume you want to compare rates from Progressive, GEICO and State Farm. You would have to take the time to go to each site and enter your information, which is why the first method is quicker. For a list of links to insurance companies in your area, click here.
  • The hardest way to get comparison rates is driving around to local insurance agencies. The internet makes this process obsolete unless you have a need for the professional advice that only a license agent can provide. You can, however, price shop online and get advice from an agent in your area and you’ll learn how to do that later.

It’s up to you which method you use, but double check that you are using exactly the same information on every quote. If you use different deductibles it will be next to impossible to decipher which rate is best. Slightly different coverage limits may result in large price differences. And when price shopping your coverage, having more price comparisons gives you a better chance of getting the best price.

Don’t overlook these discounts

Insurance can cost an arm and a leg, but there are discounts available to reduce the price significantly. Most are applied when you get a quote, but lesser-known reductions have to be specially asked for prior to getting the savings.

  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
  • Paperwork-free – A handful of insurance companies will discount your bill up to fifty bucks just for signing your application over the internet.
  • Low Mileage – Fewer annual miles on your Chevy could qualify for better rates on cars that stay parked.
  • Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts can qualify for discounts of more than 20%.
  • Multi-policy Discount – When you combine your home and auto insurance with one company you may save approximately 10% to 15%.

It’s important to understand that most of the big mark downs will not be given to your bottom line cost. Most only reduce individual premiums such as physical damage coverage or medical payments. So when the math indicates all the discounts add up to a free policy, it just doesn’t work that way. But any discount will help reduce the cost of coverage.

For a list of insurance companies with discount insurance rates, click this link.

Factors determining your Chevy Traverse insurance premium

An important part of buying insurance is that you know the different types of things that come into play when calculating the rates you pay for car insurance. Understanding what impacts premium levels helps enable you to make changes that can help you get lower car insurance prices.

The list below includes some of the factors that factor into your rates.

  • Your credit rating is important – Having a bad credit rating is a important factor in calculating your car insurance rates. Drivers who have good credit tend to be better drivers and file fewer claims than drivers who have lower credit scores. Therefore, if your credit score can use some improvement, you could save money insuring your 2011 Chevrolet Traverse by repairing your credit.
  • Don’t buy coverages you don’t need – There are a ton of extra bells and whistles that can waste your money on your car insurance policy. Things like personal injury protection, accident forgiveness and term life insurance may be costing you every month. These may sound like a good investment when you first buy your policy, but if they’re wasting money remove them from your policy.
  • Too many car insurance claims drive up costs – If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Insurance companies provide discounts to people who do not rely on their insurance for small claims. Car insurance is intended for the large, substantial claims.
  • Never let your coverage lapse – Driving without insurance is against the law and your next policy will cost more because you let your coverage lapse. And not only will your rates increase, but not being able to provide proof of insurance may earn you a revoked license or a big fine.Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
  • Battle of the sexes – The statistics show that women are safer drivers than men. That doesn’t necessarily mean that women are BETTER drivers than men. Men and women are in accidents in similar percentages, but men cause more damage. Men also get cited for more serious violations such as DWI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and are penalized with high car insurance rates.

Is my situation unique?

When it comes to buying proper insurance coverage, there isn’t really a cookie cutter policy. Each situation is unique and your policy should reflect that. For instance, these questions may help you determine if your situation would benefit from professional advice.

  • Is there coverage for injuries to my pets?
  • Do I need medical payments coverage since I have good health insurance?
  • Does my insurance cover my expensive audio equipment?
  • Is my custom paint covered by insurance?
  • How do I file an SR-22 for a DUI in my state?
  • Who is covered when they drive my 2011 Chevy Traverse?
  • Is upholstery damage covered by car insurance?
  • How can I get my company to pay me more for my totalled car?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Don’t be fooled by advertising claims

21st Century, Allstate and State Farm continually stream ads on TV and radio. All the companies have a common claim about savings after switching your coverage to them. How can each company make almost identical claims? It’s all in the numbers.

All companies have a preferred profile for the driver they prefer to insure. A good example of a preferred risk could possibly be between 25 and 40, is a homeowner, and chooses high deductibles. A driver who meets those qualifications gets the lowest rates and therefore will save a lot of money.

Consumers who do not match the “perfect” profile will be charged higher rates and ends up with the customer not buying. The ad wording is “people who switch” but not “drivers who get quotes” save that kind of money. That is how companies can truthfully state the savings.

That is why drivers must compare many company’s rates. You cannot predict the company that will fit your personal profile best.

Insurance coverage options for a 2011 Chevy Traverse

Having a good grasp of your insurance policy helps when choosing the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverage types offered by insurance companies.

Comprehensive coverages

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as rock chips in glass, damage from getting keyed, hitting a deer and hitting a bird. The maximum amount a 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 removing comprehensive coverage.

Liability insurance

This provides protection from damage or injury you incur to people or other property by causing an accident. It protects you from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like repair bills for other people’s vehicles, pain and suffering and attorney fees. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Coverage for collisions

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like backing into a parked car, colliding with a tree, driving through your garage door, colliding with another moving vehicle and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Coverage for medical payments

Med pay and PIP coverage reimburse you for bills like surgery, nursing services, dental work, prosthetic devices and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

In Summary

When trying to cut insurance costs, it’s very important that you do not sacrifice coverage to reduce premiums. In too many instances, someone sacrificed liability coverage limits only to regret they didn’t have enough coverage. Your strategy should be to purchase a proper amount of coverage for the lowest price while not skimping on critical coverages.

You just read many ideas to shop for 2011 Chevy Traverse insurance online. It’s most important to understand that the more companies you get rates for, the better chance you’ll have of finding lower rates. You may even find the lowest priced insurance coverage comes from a smaller regional carrier. Some small companies often have lower prices on specific markets than the large multi-state companies such as State Farm or Progressive.

Budget-conscious insurance is possible from both online companies and also from your neighborhood agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies may not provide online price quotes and these smaller companies work with independent agents.

Additional detailed information can be read at these sites: