Compare 2018 Chevrolet Camaro Insurance Cost

Did you come to the realization that you have an underperforming, overpriced insurance coverage policy? Believe me, many consumers are feeling buyer’s remorse and feel like there’s no way out.

People have so many insurance companies to buy insurance from, and although it’s a good thing to have multiple companies, having more car insurance companies makes it harder to get the best deal.

You need to take a look at other company’s rates occasionally since insurance prices go up and down regularly. Even if you think you had the best price on Camaro insurance on your last policy you can probably find a lower rate today. Block out anything you think you know about insurance coverage because it’s time to teach you one of the best ways to save money, get proper coverage and the best rates.

Pricing the cheapest protection can be fairly easy. Just about every driver who carries car insurance will more than likely be able to cut their insurance bill. Although consumers must understand the methods companies use to sell online.

Do you qualify for discounts?

Companies don’t list every discount very clearly, so below is a list both well-publicized as well as the least known discounts that you may qualify for.

  • Discount for Life Insurance – Not all insurance carriers offer life insurance, but some may give you a lower premium rate if you buy some life insurance in addition to your auto policy.
  • No Claims – Drivers who stay claim-free get the best auto insurance rates as opposed to drivers with a long claim history.
  • Discounts for Responsible Drivers – Safe drivers may save up to 50% more on Camaro insurance than their less cautious counterparts.
  • Good Student Discount – Maintaining excellent grades can get you a discount of up to 25%. The discount lasts well after school through age 25.
  • Telematics Devices – Policyholders that allow companies to track where and when they drive by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot could save a few bucks if they show good driving skills.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to the entire policy premium. A few only apply to the cost of specific coverages such as comprehensive or collision. So despite the fact that it appears having all the discounts means you get insurance for free, nobody gets a free ride. Any amount of discount will help reduce your policy premiums.

A partial list of companies who may offer these discounts are:

Check with each insurance company to apply every possible discount. Some credits might not be available to policyholders in your state.

Free car insurance rate quotes

Comparing car insurance rates can take time and effort if you don’t understand the best way to get rate quotes. You could spend the better part of a day talking about coverages with local insurance agents in your area, or you can utilize online quotes to maximize your effort.

Most major companies enroll in a system where prospective buyers submit one quote, and at least one company can provide price quotes determined by their information. This saves time by eliminating repetitive form submissions to each individual car insurance company.

To fill out one form to compare multiple rates now click here (opens in new window).

The only downside to doing it this way is that consumers can’t choose which companies you want to price. If you wish to select individual companies to compare rates, we have a page of low cost car insurance companies in your area. Click here for list of insurance companies.

Whichever way you use, be sure to compare apples-to-apples deductibles and coverage limits for every quote you compare. If you compare higher or lower deductibles then you won’t be able to determine the lowest rate for your Chevy Camaro. Quoting even small variations in limits can make a big difference in price. Just remember that comparing more company’s prices increases your odds of finding the best offered rates.

Don’t assume everyone needs the same insurance coverage

When buying coverage for your personal vehicles, there really is no “perfect” insurance plan. Everyone’s situation is unique so your insurance should reflect that For example, these questions might help in determining if your situation might need professional guidance.

  • Is business equipment covered while in my vehicle?
  • Can my teen driver be rated on a liability-only vehicle?
  • How many claims can I have before being cancelled?
  • Can I rent a car in Mexico?
  • Do I need medical payments coverage since I have good health insurance?
  • How can I get my company to pay me more for my totalled car?

If you don’t know the answers to these questions then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Specifics of your auto insurance policy

Understanding the coverages of auto insurance can be of help when determining the best coverages and proper limits and deductibles. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. Shown next are the usual coverages available from auto insurance companies.

Comprehensive insurance – Comprehensive insurance covers 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 damage from flooding, falling objects, hitting a bird and vandalism. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision coverages – Collision insurance pays for damage to your Camaro caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like sideswiping another vehicle, damaging your car on a curb, crashing into a ditch and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for immediate expenses like dental work, pain medications, ambulance fees and X-ray expenses. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Chevy Camaro.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability car insurance – Liability coverage protects you from damage that occurs to other people or property in an accident. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Some companies may use a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like repair costs for stationary objects, court costs, legal defense fees, funeral expenses and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Saving money is sweet as honey

Budget-friendly car insurance can be bought online as well as from independent agents, and you should compare rates from both in order to have the best chance of saving money. A few companies may not offer rate quotes online and many times these smaller companies prefer to sell through independent insurance agents.

We just showed you many ideas to lower your 2018 Chevy Camaro insurance premium rates. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding low cost insurance. Consumers may even find the best price on car insurance is with the least-expected company. Smaller companies may only write in your state and offer lower prices than their larger competitors like Progressive and Geico.

More tips and info about car insurance is available by following these links: