Locating cheaper insurance for a Chevy Volt can normally be a painful process, but you can learn a few tricks to save time.
There are both good and bad ways to find auto insurance online so you’re going to learn the absolute fastest way to quote coverages for a new or used Chevy and obtain the lowest possible price either online or from local insurance agents.
Consumers should take time to compare rates periodically because rates trend upward over time. Even if you got the lowest rates for Volt coverage on your last policy other companies may now be cheaper. So forget anything you know (or think you know) about auto insurance because we’re going to show you how to use online quotes to remove unneeded coverages and save money.
If you have a policy now or are shopping for new coverage, you will benefit by learning to find better prices and still get good coverage. Buying affordable auto insurance coverage can be fairly easy. Vehicle owners just need to know the proper methods to shop for auto insurance online.
Car insurance is not cheap, but you may find discounts that you may not even be aware of. Certain discounts will be triggered automatically when you quote, but some may not be applied and must be specially asked for before they will apply. If you’re not getting every credit available, you are throwing money away.
It’s important to understand that some credits don’t apply the the whole policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Even though it may seem like you would end up receiving a 100% discount, car insurance companies aren’t that generous. But any discount will cut the amount you have to pay.
For a list of companies who offer car insurance discounts, click this link.
When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s.
These are some specific questions might point out whether you could use an agent’s help.
If you can’t answer these questions, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form. It is quick, free and can help protect your family.
Drivers can’t get away from ads that promise big savings from the likes of State Farm, GEICO and Progressive. They all seem to say the same thing about savings if you change your coverage to them.
How does each company say the same thing?
All companies are able to cherry pick for the right customer they prefer to insure. For instance, a desirable insured could possibly be a mature driver, a clean driving record, and has a high credit rating. Any driver who meets those qualifications will get the preferred rates and therefore will pay quite a bit less when switching companies.
Potential insureds who don’t measure up to the requirements will be quoted higher premiums and ends up with the driver buying from a lower-cost company. The ads state “customers who switch” not “people who quote” save that much. That’s why companies can truthfully make the claims of big savings.
This emphasizes why you should get as many quotes as possible. It’s just too difficult to predict which insurance companies will have the lowest Chevy Volt insurance rates.
Having a good grasp of insurance can help you determine appropriate coverage for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Chevy Volt.
Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally these limits are similar to your liability insurance amounts.
Collision coverage protection
This coverage pays for damage to your Volt resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims such as scraping a guard rail, hitting a parking meter, damaging your car on a curb and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like doctor visits, prosthetic devices, EMT expenses and surgery. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
This protects you from damage or injury you incur to a person or their property. It protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.
Liability coverage pays for claims like court costs, medical services, legal defense fees and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but buy as large an amount as possible.
Comprehensive auto coverage
This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things like a tree branch falling on your vehicle, vandalism, a broken windshield and damage from getting keyed. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Affordable 2012 Chevy Volt insurance is available from both online companies as well as from independent agents, so compare prices from both to get a complete price analysis. A few companies don’t offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.
In this article, we presented quite a bit of information on how to save on insurance. The key concept to understand is the more providers you compare, the better chance you’ll have of finding lower rates. You may even discover the most savings is with a smaller regional carrier.
While you’re price shopping online, don’t be tempted to reduce needed coverages to save money. There are many occasions where an insured cut physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. Your goal should be to purchase a proper amount of coverage at a price you can afford while not skimping on critical coverages.