2002 Chevrolet Tracker Car Insurance Cost

Looking for lower insurance coverage rates for your Chevrolet Tracker? Did you come to the realization that you have an overpriced insurance coverage policy? You’re in good company because many consumers are feeling buyer’s remorse and feel like there’s no way out.

Vehicle owners have many insurers to choose from, and although it’s nice to be able to choose, having more auto insurance companies makes it harder to find the best rates.

You need to check insurance coverage prices before your next renewal because insurance coverage prices trend upward over time. Even if you think you had the best rates on Tracker coverage two years ago there is a good chance you can find better premium rates now. You can find a lot of wrong information about insurance coverage online, but in just a couple of minutes you can learn some good information on how to slash your insurance coverage rates.

This article will introduce you to how to effectively get price quotes and some money-saving tips. If you have car insurance now, you will be able to lower your premiums substantially using these tips. But vehicle owners must comprehend how the larger insurance companies sell online and take advantage of how the system works.

The cheapest auto insurance quotes

There are a variety of methods to compare auto insurance quotes, but one way is less labor-intensive and much quicker. You can waste hours driving to local insurance agents in your area, or you can utilize online quoting for quick rates.

Many of the larger companies enroll in a system where prospective buyers complete one form, and at least one company then gives them pricing based on the submitted data. This saves time by eliminating quote requests for each company you want a rate for.

To access this free quoting program, click here (opens in new window).

The only drawback to getting quotes like this is you are unable to specify which carriers you will receive quotes from. If you would rather choose specific providers to compare, we have assembled a list of auto insurance companies in your area. Click to view list.

You can use whichever method you prefer to find lower rates, just be sure to compare the exact same information for each price quote. If your comparisons have unequal deductibles or liability limits it will be next to impossible to make a fair comparison for your Chevy Tracker. Quoting even small variations in coverage limits could skew the results. Just keep in mind that having more price comparisons helps improve the odds of finding more affordable insurance.

Six tips to get more affordable insurance costs

Many things are considered when you quote your car insurance policy. Some factors are common sense such as your driving history, but other factors are more obscure like your continuous coverage or how safe your car is.Part of the auto insurance buying process is learning some of the factors that are used to determine auto insurance rates. If you know what determines premiums, this enables you to make decisions that may result in better auto insurance rates.

  • Mature drivers save more – Youthful drivers are statistically shown to be more careless with other occupants in the car therefore auto insurance rates are much higher. Older insureds are shown to be more cautious, cause fewer claims and accidents .
  • Employer reflects on prices – Did you know your job can affect your rates? Jobs like judges, executives and stock brokers are shown to have higher premiums than the average policyholder because of high stress levels and lengthy work days. Conversely, professions such as farmers, athletes and retirees get better rates on Tracker coverage.
  • How’s your driving record? – Your driving citation history influences premium rates substantially. Careful drivers receive lower rates compared to bad drivers. Just one speeding ticket can bump up the cost by as much as thirty percent. People who have license-revoking violations such as DUI or reckless driving are required to maintain a SR-22 with their state’s department of motor vehicles in order to keep their license.
  • Add-on coverages can cost a lot – There are a ton of additional coverages that may not really be needed but may not be useful. Coverages like coverage for rental cars, accident forgiveness, and extra equipment coverage are probably not needed. These coverages may sound good when deciding what coverages you need, but your money might be better spent on other coverage so eliminate them to save money.
  • Always keep your auto insurance in place – Allowing your coverage to lapse is a sure-fire way to increase your auto insurance rates. Not only will you pay more, being ticketed for driving with no insurance might get you a steep fine or even jail time.
  • Rate your vehicle for proper use – The higher the miles on your Chevy annually the more you’ll pay to insure it. Most insurance companies apply a rate based upon how much you drive. Cars that sit idle most of the time receive better premium rates than vehicles that are driven to work every day. It’s always a good idea to double check that your declarations sheet states the right rating data. Having the wrong rating on your Tracker is throwing money out the window.

Auto insurance discounts are available to lower your rates

Auto insurance companies don’t always publicize all available discounts in an easy-to-find place, so we break down a few of the more common and the more hidden credits available to you.

  • Seat Belts Save more than Lives – Drivers who require all occupants to wear their seat belts could save 15% off the medical payments premium.
  • Renewal Discounts – Select insurance companies give a discount for switching policies prior to your current policy expiring. You can save around 10% with this discount.
  • Responsible Driver Discount – Drivers without accidents can get discounts for up to 45% lower rates on Tracker coverage compared to rates paid by drivers with frequent claims.
  • Bundled Policy Discount – If you can combine your homeowners and auto policy and place coverage with the same company you could get a discount of approximately 10% to 15%.
  • Discount for Low Mileage – Driving less can qualify you for better auto insurancerates on cars that stay parked.
  • Military Discounts – Being deployed with a military unit may qualify for rate reductions.
  • Distant Student – Older children who are attending college and won’t have access to an insured vehicle could get you a discount.
  • E-sign Discounts – Many auto insurance companies will discount your bill up to fifty bucks for buying a policy and signing up on your computer.

Just know that most credits do not apply to the entire policy premium. Most only apply to individual premiums such as collision or personal injury protection. Just because you may think adding up those discounts means a free policy, it’s just not the way it works.

A few companies that may have these benefits include:

Before purchasing a policy, check with every insurance company which discounts you qualify for. A few discounts may not apply to policies in every state. To find insurance companies that offer the discounts shown above, click this link.

Everyone needs different car insurance coverages

When buying the right insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Each situation is unique and your policy should reflect that. These are some specific questions may help highlight if your insurance needs would benefit from an agent’s advice.

  • Should I rate my 2002 Chevy Tracker as pleasure use or commute?
  • Am I better off with higher deductibles on my 2002 Chevy Tracker?
  • Can I make deliveries for my home business?
  • I don’t drive much so do I pay less?
  • Should I buy only the required minimum liability coverage?
  • Does my medical payments coverage pay my health insurance deductible?
  • Does insurance cover tools stolen from my truck?
  • If I drive on a suspended license am I covered?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of car insurance companies in your area.

Insurance coverages and their meanings

Understanding the coverages of insurance helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be difficult to understand and nobody wants to actually read their policy. Listed below are the normal coverages found on most insurance policies.

Liability coverages

This provides protection from damage or injury you incur to a person or their property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

It consists of 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 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims like medical services, court costs, medical expenses, legal defense fees and bail bonds. How much coverage you buy is your choice, but buy as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for short-term medical expenses for chiropractic care, prosthetic devices, hospital visits and EMT expenses. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive insurance

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

Comprehensive coverage pays for things such as theft, falling objects and a tree branch falling on your vehicle. 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 consider dropping full coverage.

Collision coverage protection

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as colliding with a tree, sustaining damage from a pot hole and crashing into a building. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Most of the time these coverages do not exceed the liability coverage limits.

Coverage on a shoestring budget

Lower-priced insurance can be purchased on the web in addition to local insurance agencies, and you need to comparison shop both to have the best chance of lowering rates. Some insurance providers do not provide internet price quotes and many times these smaller companies prefer to sell through independent insurance agents.

In this article, we covered a lot of ways to get a better price on 2002 Chevy Tracker insurance. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. You may be surprised to find that the lowest premium rates come from a company that doesn’t do a lot of advertising. Regional companies may have significantly lower prices on certain market segments than the large multi-state companies such as Progressive and Geico.

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