Searching for cheaper auto insurance rates for your Chevrolet Aveo? I can’t think of a single person who likes having to buy auto insurance, especially when they know their premiums are too high.
Insurance companies such as Geico, 21st Century and Progressive continually bombard you with catchy ads and it can be hard to see through the cute green geckos and mayhem and take the time to shop coverage around.
Performing a rate comparison can take time and effort if you don’t know the easiest way. You could waste a few hours discussing policy coverages with insurance companies in your area, or you could save time and use the internet to get prices fast.
All the larger companies take part in a program that enables customers to only type in their quote data once, and at least one company can give them a price based on that information. This prevents consumers from doing repetitive form submissions to every company.
To fill out one form to compare multiple rates now click here to open in new window.
The only downside to comparing rates this way is that consumers can’t choose which companies you want pricing from. If you wish to select specific providers for rate comparison, we have a page of auto insurance companies in your area. View list of insurance companies.
It doesn’t matter which method you choose, just be certain you are entering the exact same coverages and limits with each company. If you are comparing different values for each quote it will be next to impossible to determine the lowest rate for your Chevy Aveo. Just slight variations in limits may result in a large different in cost. Keep in mind that comparing more quotes will improve the odds of getting a better price.
Insurance can cost an arm and a leg, but there’s a good chance there are discounts that you may not even know about. Certain reductions will be credited when you complete an application, but some discounts are required to be specially asked for before being credited.
A little disclaimer on discounts, most discount credits are not given to all coverage premiums. Some only apply to specific coverage prices like collision or personal injury protection. So even though you would think having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy. Any qualifying discounts will help reduce the amount you have to pay.
Insurance companies that may offer policyholders these benefits are:
Check with all companies you are considering which credits you are entitled to. Depending on the company, some discounts may not apply to policies everywhere. If you would like to see a list of providers that offer the discounts shown above, click this link.
Part of the car insurance buying process is learning the rating factors that aid in calculating the level of your policy premiums. If you understand what determines premiums, this enables you to make decisions that can help you get lower car insurance prices.
The following are most of the major factors car insurance companies consider when setting your rate level.
When it comes to choosing proper insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions can help discover if you would benefit from an agent’s advice.
If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier
Respected companies like Progressive, Allstate and Geico regularly use ads in print and on television. All the companies make an identical promise of big savings if you switch your policy. How does each company say the same thing? This is the trick they use.
Different companies quote their cheapest rates for the type of driver that will most likely be profitable. For example, a profitable insured might be between the ages of 30 and 45, has had continuous coverage, and chooses high deductibles. A customer getting a price quote that meets those criteria may get the lowest rates and will probably save when switching.
Drivers who are not a match for those criteria will be charged higher premiums and this results in the customer not buying. If you listen closely, the ads state “customers that switch” not “all people who quote” will save that much if they switch. This is how insurance companies can advertise the savings.
This really emphasizes why it is so important to compare rate quotes every year. It is impossible to predict with any certainty which company will give you the biggest savings.
Understanding the coverages of your policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Listed below are typical coverage types offered by insurance companies.
Insurance for medical payments – Med pay and PIP coverage provide coverage for bills for things like X-ray expenses, rehabilitation expenses and EMT expenses. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as damage to your 2004 Chevy Aveo.
Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Frequently the UM/UIM limits are similar to your liability insurance amounts.
Liability coverages – This coverage provides protection from damage that occurs to other people or property that is your fault. It protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.
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 policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.
Liability can pay for things like repair bills for other people’s vehicles, legal defense fees, loss of income and medical services. How much liability coverage do you need? That is up to you, but you should buy as large an amount as possible.
Comprehensive coverage (or Other than Collision) – This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for things like hail damage, a broken windshield, fire damage, rock chips in glass and a tree branch falling on your vehicle. The maximum payout a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Collision coverage – This pays for damage to your Aveo from colliding with another car or object. A deductible applies and then insurance will cover the remainder.
Collision coverage protects against claims like sideswiping another vehicle, damaging your car on a curb, driving through your garage door and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.
Throughout this article, we presented a lot of information how to shop for 2004 Chevy Aveo insurance online. The most important thing to understand is the more quotes you get, the better your chances of lowering your prices. You may be surprised to find that the lowest premium rates come from the least-expected company. These companies often have lower prices on specific markets than the large multi-state companies such as State Farm and Allstate.
As you restructure your insurance plan, it’s not a good idea to sacrifice coverage to reduce premiums. In many cases, someone sacrificed comprehensive coverage or liability limits only to regret that the savings was not a smart move. Your strategy should be to purchase plenty of coverage at the best cost but still have enough coverage for asset protection.
Lower-priced 2004 Chevy Aveo insurance is attainable online as well as from insurance agents, so you need to shop insurance coverage with both to have the best chance of lowering rates. A few companies may not provide internet price quotes and most of the time these smaller providers only sell coverage through local independent agencies.