Cheap 2001 Chevrolet S-10 Insurance Quotes

Searching for lower insurance coverage rates for your Chevrolet S-10? Are you regretting buying high-priced insurance coverage? It’s quite common and there are lots of people in the same boat. Lots of insurance companies contend for your hard-earned dollar, and because of this it can be hard to compare insurers and get the best coverage at the cheapest price

Seven things that impact your insurance premiums

Lots of factors are part of the equation when premium rates are determined. Some factors are common sense such as traffic violations, but other factors are more transparent such as whether you are married or your vehicle rating.One of the most helpful ways to save on insurance is to to have a grasp of some of the things that go into determining your insurance rates. If you have a feel for what controls the rates you pay, this empowers consumers to make smart changes that could result in better insurance rates.

The following are some of the factors utilized by car insurance companies to help set your rate level.

  • Higher rates for high stress occupations – Jobs such as judges, social workers and dentists usually pay higher premiums than the average policyholder because of intense work requirements and lengthy work days. Conversely, careers such as professors, engineers and retirees receive lower rates for S-10 insurance.
  • How many miles do you drive? – The more miles you rack up on your Chevy every year the more you’ll pay to insure your vehicle. Almost all companies apply a rate based on how the vehicle is used. Cars and trucks not used for work or commuting can get a lower rate than those used for commuting. A policy that improperly rates your S-10 is just wasting money. It’s a good idea to make sure your declarations sheet states the proper vehicle usage, because improper ratings can cost you money.
  • Safeguard your assets with liability – Your policy’s liability coverage is the protection if you are found liable for personal injury or accident damage. It will provide legal defense which can cost a lot. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.
  • Women pay lower premiums – The statistics show that men are more aggressive behind the wheel. The data does not necessarily mean that females are better drivers. Both sexes cause auto accidents at about the same rate, but guys cause more damage. Not only that, but men also get higher numbers of serious violations such as DWI and reckless driving. Youthful male drivers are the most expensive to insure so it costs more to insure them.
  • Low coverage deductibles can be expensive – Comp and collision deductibles are how much you are required to spend out-of-pocket if you file a covered claim. Physical damage insurance, aka comp and collision, is used to repair damage to your car. Some instances where coverage would apply would be collision with another vehicle, animal collisions, or theft of your vehicle. The more of the claim you have to pay, the less money you will pay for insurance for S-10 insurance.
  • Cheaper premiums for prior coverage – Driving any period of time without insurance is a misdemeanor and companies may charge more for letting your insurance lapse. Not only will you pay more, getting caught without coverage will get you fines and jail time.
  • Safer cars means cheaper insurance – Safer cars tend to have better insurance rates. Safe vehicles have better occupant injury protection and better occupant protection translates into savings for insurance companies and cheaper rates on your policy.

Use discounts to get cheaper auto insurance rates

Some insurers do not advertise their entire list of discounts in an easy-to-find place, so below is a list a few of the more common and also the lesser-known credits available to lower your premiums when you buy insurance coverage online.

  • Auto/Life Discount – Select insurance carriers reward you with lower premium rates if you buy a life policy as well.
  • Defensive Driver Discounts – Taking a course that instructs on driving safety could save 5% or more and easily recoup the cost of the course.
  • Discount for Low Mileage – Fewer annual miles on your Chevy can earn substantially lower prices.
  • Save with More Vehicles Insured – Purchasing coverage when you have multiple vehicles on the same auto insurance policy qualifies for this discount.
  • Passive Restraints – Options like air bags may qualify for discounts as much as 30%.
  • Paperless Signup – Some larger companies give back up to $50 for buying your policy on your computer.
  • Good Students Pay Less – Getting good grades can earn a discount of 20% or more. Many companies even apply the discount to college students until age 25.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
  • Club Memberships – Affiliation with a civic or occupational organization can get you a small discount when shopping for auto insurance.
  • Discount for Multiple Policies – If you can bundle your auto and home insurance and place coverage with the same company you could earn a discount of as much as 10 to 15 percent.

It’s important to understand that some credits don’t apply to the entire cost. Most only apply to specific coverage prices like liability and collision coverage. If you do the math and it seems like all the discounts add up to a free policy, you’re out of luck.

If you would like to see a list of providers that offer many of these discounts, click here.

Do drivers who switch really save $466 a year?

Drivers can’t escape the ads for cheaper auto insurance from companies such as Progressive, Geico, Allstate and State Farm. All the companies make the point that you can save if you just switch to them.

How does every company charge you less for car insurance? This is the trick they use.

Auto insurance companies are able to cherry pick for the driver that will generate a profit. One example of a profitable customer may be a married male, owns their home, and drives less than 5,000 miles a year. Someone who matches that profile receive the lowest rate quotes and will save when they switch companies.

Potential insureds who are not a match for those criteria must pay a more expensive rate which results in the customer not buying. The ad wording is “customers that switch” not “everyone that quotes” can get the lowest rates when switching. This is how companies can truthfully make the claims of big savings. That is why it’s extremely important to get insurance coverage quotes as often as possible. It is just not possible to predict the company that will provide you with the cheapest car insurance rates.

Tailor your auto insurance coverage to you

When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different so this has to be addressed. These are some specific questions may help highlight whether you would benefit from an agent’s advice.

  • How high should my uninsured/underinsured coverage be in my state?
  • Are my friends covered when driving my car?
  • What if I total my 2001 Chevy S-10 and owe more than it’s worth?
  • Does my policy cover my teen driver if they drive my company car?
  • Is a fancy paint job covered?
  • Am I covered when driving someone else’s vehicle?
  • Does my policy pay for OEM or aftermarket parts?
  • Is my 2001 Chevy S-10 covered for smoke damage?
  • Do I need added coverage for expensive stereo equipment?

If you’re not sure about those questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Car insurance 101

Understanding the coverages of your auto insurance policy aids in choosing which coverages you need for your vehicles. Policy terminology can be ambiguous and reading a policy is terribly boring. These are the usual coverages offered by auto insurance companies.

Comprehensive (Other than Collision)

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as hitting a deer, vandalism, damage from flooding, damage from getting keyed and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for things like ambulance fees, pain medications and X-ray expenses. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state and may carry a deductible

Coverage for collisions

This pays to fix your vehicle from damage caused by collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things like backing into a parked car, scraping a guard rail, colliding with a tree, hitting a parking meter and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2001 Chevy S-10.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Auto liability

This will cover damage or injury you incur to other’s property or people that is your fault. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability insurance covers things like bail bonds, pain and suffering and funeral expenses. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

Shop Smart and Save

As you shop your coverage around, never reduce needed coverages to save money. There are a lot of situations where an accident victim reduced full coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy the best coverage you can find at the best possible price while still protecting your assets.

We covered a lot of tips how to save on 2001 Chevy S-10 insurance. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding cheaper insurance coverage. Consumers may even find the most savings is with some of the lesser-known companies. These smaller insurers may have significantly lower car insurance rates on certain market segments as compared to the big name companies such as State Farm and Allstate.

Much more information about insurance coverage can be found below: