2011 Chevrolet Volt Car Insurance Quotes – 8 Policy Discounts

Having to pay for pricey Chevrolet Volt insurance can sap your savings and put the squeeze on your family’s finances. Drivers have multiple insurers to pick from, and even though it’s nice to have a selection, having more car insurance companies makes it harder to compare company pricing.

Cut your insurance rates with these eight discounts

Car insurance can cost a lot, but you may qualify for discounts that may help make it more affordable. Larger premium reductions will be automatically applied at the time of quoting, but a few must be requested specifically prior to getting the savings. If you’re not getting every credit you qualify for, you could be paying more than you need to.

  • Home Ownership Discount – Being a homeowner may earn you a small savings because maintaining a house means you have a higher level of financial diligence.
  • Student in College – College-age children who are enrolled in higher education away from home and do not have access to a covered vehicle could qualify for this discount.
  • Theft Deterent – Vehicles equipped with tracking devices and advanced anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Claim-Free Discount – Claim-free drivers get the best insurance rates when compared with insureds who have frequent claims or accidents.
  • Telematics Devices – Drivers who elect to allow companies to track vehicle usage by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if they have good driving habits.
  • Early Signing – Some companies provide a discount for switching policies before your current coverage expires. Ten percent is about the average savings.
  • Safe Driver Discount – Safe drivers can pay as much as 50% less on Volt coverage than their less cautious counterparts.
  • Mature Driver Discount – If you’re over the age of 55, you may be able to get a slight reduction on a insurance quote on Volt coverage.

You should keep in mind that some credits don’t apply to the entire cost. Most only reduce specific coverage prices like liability, collision or medical payments. So when the math indicates you could get a free insurance policy, you’re out of luck. But any discount will reduce the premium cost.

The best insurance companies and a partial list of their discounts include:

  • State Farm may offer discounts for good driver, multiple autos, anti-theft, driver’s education, and Steer Clear safe driver discount.
  • Farmers Insurance offers premium reductions for distant student, pay in full, multi-car, mature driver, early shopping, teen driver, and alternative fuel.
  • Progressive may include discounts for good student, online signing, homeowner, continuous coverage, online quote discount, multi-policy, and multi-vehicle.
  • Geico offers discounts including multi-policy, defensive driver, military active duty, seat belt use, federal employee, daytime running lights, and emergency military deployment.
  • Auto-Owners Insurance offers discounts for multi-policy, student away at school, anti-theft, safe driver, group or association, and multiple vehicles.
  • The Hartford may have discounts that include defensive driver, driver training, air bag, anti-theft, and good student.
  • Farm Bureau has savings for renewal discount, multi-policy, good student, safe driver, and driver training.
  • USAA discounts include family discount, good student, driver training, new vehicle, multi-vehicle, annual mileage, and safe driver.

Double check with every insurance company which credits you are entitled to. Savings might not apply in your area.

You are unique and your auto insurance should be too

When choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions can aid in determining whether or not you might need an agent’s assistance.

  • Is my nanny covered when driving my vehicle?
  • Is there coverage for injuries to my pets?
  • Why am I required to buy liability insurance?
  • Is my camper covered by my car insurance policy?
  • What is covered by UM/UIM coverage?
  • How can I get high-risk coverage after a DUI?
  • How high should my uninsured/underinsured coverage be in my state?
  • Do I need an umbrella policy?
  • Are rock chip repairs covered?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

Specifics of your insurance policy

Having a good grasp of insurance can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Shown next are typical coverage types found on the average insurance policy.

Collision – This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like damaging your car on a curb, hitting a mailbox, backing into a parked car, scraping a guard rail and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Comprehensive insurance – This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like fire damage, vandalism and rock chips in glass. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Coverage for uninsured or underinsured drivers – This gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and also any damage incurred to your Chevy Volt.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Liability – This coverage can cover damage that occurs to other people or property. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims such as legal defense fees, court costs, attorney fees and emergency aid. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance pay for immediate expenses for hospital visits, dental work and EMT expenses. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

A little work can save a LOT of money

When searching for cheap insurance quotes, you should never buy poor coverage just to save money. There have been many cases where consumers will sacrifice liability limits or collision coverage and found out when filing a claim they didn’t have enough coverage. Your goal is to purchase plenty of coverage at the best cost, not the least amount of coverage.

We covered some good ideas how you can lower your 2011 Chevy Volt insurance prices. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may even find the lowest prices are with the least-expected company. Smaller companies may have significantly lower rates on certain market segments than their larger competitors like Geico and State Farm.

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