2008 Chevrolet Aveo Insurance Cost – 10 Tips for Cheaper Prices

Searching for cheaper insurance for a new or used Chevy Aveo can be an all-consuming task, but you can learn our auto insurance buying tips to save time. There are both good and bad ways to buy auto insurance so we’re going to tell you the absolute fastest way to quote coverages for your Chevy and locate the lowest price either online or from local insurance agents.

It’s a great practice to get comparison quotes at least once a year since prices change regularly. Even if you got the best rates on Aveo insurance a year ago other companies may now be cheaper. Forget all the misinformation about auto insurance because we’re going to show you the best way to properly buy coverages and cut your premium.

Where can I get low cost insurance?

Getting a cheap price on 2008 Chevy Aveo insurance can be surprisingly simple. The only thing you need to do is take a couple of minutes comparing price quotes from different insurance companies. This can easily be done using a couple different methods.

  1. The most efficient method consumers can make multiple comparisons is to use a rate comparison form click to view form in new window. This quick form prevents you from having to do a different quote for each company. Taking the time to complete one form will return quotes direct from many companies. This is perfect if you don’t have a lot of time.
  2. A more difficult way to analyze rates is to manually visit each individual company website to complete their respective quote request forms. For examples sake, we’ll assume you need rates from Progressive, Allstate and Geico. To get rate quotes you would need to visit each site and enter your information, which can take a lot of time.

    For a list of companies in your area, click here.

  3. Even if you have time, the least recommended method to find cheaper rates is going to local insurance agencies. The fact that you can get quotes online eliminates this option unless you prefer the extra assistance only provided by licensed agents. It is possible with some companies price shop online but purchase the actual policy in an agency.

However you get your quotes, do your best to enter nearly identical coverages on every price quote you get. If each company quotes different coverage information you will not be able to determine which company has the best rates.

Find hidden discounts to get affordable insurance quotes

Companies offering auto insurance don’t list all disounts very well, so here is a list a few of the more well known and the harder-to-find ways to save on insurance.

  • Accident Forgiveness Coverage – Not really a discount, but some companies like Allstate and State Farm permit an accident before raising your premiums so long as you are claim-free for a particular time prior to the accident.
  • Life Insurance – Not all insurance carriers offer life insurance, but some may give you a discounted insurance rate on car insurance if you buy some life insurance in addition to your auto policy.
  • Good Student – Being a good student can be rewarded with saving of up to 25%. Many companies even apply the discount to college students up to age 25.
  • Accident Free – Drivers who stay claim-free have much lower rates in comparison to frequent claim filers.
  • Passive Restraints – Options like air bags may qualify for discounts of 25 to 30%.
  • Senior Citizens – Drivers over the age of 55 may qualify for lower premium rates on Aveo insurance.
  • Discount for Multiple Policies – If you combine your auto and home policies with one insurance company they may give you a discount of at least 10 to 15 percent or more.
  • Defensive Driver Discounts – Participating in a class that teaches driver safety techniques may get you a small discount and also improve your driving technique.
  • Homeowners Pay Less – Just owning your own home can save you money because of the fact that having a home requires personal responsibility.
  • Discount for New Cars – Buying a new car model can cost up to 25% less since new vehicles are generally safer.

As is typical with insurance, some of the credits will not apply to your bottom line cost. Most cut the price of certain insurance coverages like collision or personal injury protection. If you do the math and it seems like having all the discounts means you get insurance for free, insurance companies aren’t that generous.

A few popular companies and a partial list of their discounts are shown below.

  • Geico has savings for anti-theft, air bags, emergency military deployment, membership and employees, defensive driver, multi-policy, and military active duty.
  • USAA offers discounts including family discount, vehicle storage, military installation, multi-policy, defensive driver, loyalty savings, and multi-vehicle.
  • Progressive discounts include continuous coverage, online quote discount, multi-vehicle, online signing, multi-policy, good student, and homeowner.
  • American Family offers premium reductions for defensive driver, multi-vehicle, accident-free, TimeAway discount, Steer into Savings, and good student.
  • Esurance may have discounts that include anti-theft, claim free, homeowner, multi-policy, Pac-12 alumni, Switch & Save, and good student.
  • Farmers Insurance may offer discounts for alternative fuel, pay in full, switch companies, business and professional, teen driver, homeowner, and distant student.
  • State Farm includes discounts for good driver, safe vehicle, anti-theft, student away at school, Steer Clear safe driver discount, driver’s education, and defensive driving training.

It’s a good idea to ask each company which credits you are entitled to. Some of the discounts discussed earlier may not apply to policyholders in your area.

Tailor your car insurance coverage to you

When it comes to buying adequate coverage for your personal vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s.

For example, these questions might point out whether you may require specific advice.

  • Is a new car covered when I drive it off the dealer lot?
  • Should I buy full coverage?
  • Which companies will insure high-risk drivers?
  • Why am I required to get a high-risk car insurance policy?
  • Should I have combined single limit or split liability limits?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Is a fancy paint job covered?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Should I carry comprehensive and collision coverage?
  • Does my 2008 Chevy Aveo qualify for pleasure use?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and can provide invaluable advice.

Insurance policy coverages for a 2008 Chevy Aveo

Learning about specific coverages of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Comprehensive protection

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like vandalism, theft, falling objects and hitting a bird. The maximum payout your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Auto liability insurance

Liability coverage can cover damage or injury you incur to a person or their property that is your fault. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show 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 $100,000 of coverage for damaged propery.

Liability coverage protects against claims like funeral expenses, repair costs for stationary objects, attorney fees, medical services and emergency aid. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

Uninsured or underinsured coverage

This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Collision coverage protection

Collision coverage will pay to fix damage to your Aveo resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as crashing into a ditch, colliding with another moving vehicle and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Medical expense coverage

Medical payments and Personal Injury Protection insurance provide coverage for bills for things like pain medications, prosthetic devices and rehabilitation expenses. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state and may carry a deductible

Smart consumers save more

We just presented a lot of information how to save on 2008 Chevy Aveo insurance. The key concept to understand is the more quotes you get, the better your chances of lowering your prices. Drivers may discover the most savings is with an unexpected company.

As you quote auto insurance, do not buy poor coverage just to save money. In many cases, consumers will sacrifice comprehensive coverage or liability limits only to discover later that their decision to reduce coverage ended up costing them more. Your goal should be to find the BEST coverage at the best cost and still be able to protect your assets.

The cheapest 2008 Chevy Aveo insurance is possible both online in addition to local insurance agencies, and you should compare price quotes from both so you have a total pricing picture. A few companies do not provide price quotes online and usually these small, regional companies sell through local independent agencies.

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