2001 Chevrolet Metro Car Insurance Rates

Finding better rates for insurance coverage is challenging for beginners to buying insurance online. Consumers have so many companies to choose from that it can easily become a lot of work to compare prices.

Complexity of Chevy Metro insurance rates

Smart consumers have a good feel for the factors that go into determining insurance coverage rates. Understanding what influences your rates empowers consumers to make smart changes that can help you get lower insurance coverage prices.

  • Do you qualify for a multi-policy discount? – Many insurers will give a discount to policyholders who buy several policies from them. It’s known as a multi-policy discount. Discounts can be five, ten or even twenty percent. Even with this discount, it’s in your best interest to shop around to verify if the discount is saving money. You may still find better rates by splitting coverages up.
  • Lower deductibles cost more – Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Chevy from damage. Some examples of claims that would be covered are collision with another vehicle, collision with an animal, or theft. Your deductibles are the amount of money you are willing to pay if you file a covered claim. The more the insured has to pay upfront, the bigger discount you will receive on Metro insurance.
  • Choose a safe vehicle and save – Cars with high safety ratings can get you lower premiums. The safest vehicles reduce injuries and any reduction in injury severity means less money paid by your insurance company and more competitive rates for policyholders. If your Chevy Metro is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • Men are more aggressive – Statistics show women tend to be less risk to insure than men. However, don’t assume that men are WORSE drivers than women. Women and men are in accidents in similar percentages, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations such as DWI and reckless driving.
  • Extra coverages can waste money – There are a lot of add-on coverages that you can buy on your insurance coverage policy. Coverages like vanishing deductibles, towing coverage and additional equipment coverage may be costing you every month. They may seem like a good idea initially, but now you might not need them so get rid of them and save.
  • Lower rates come with age – Teenage drivers are known to get distracted easily in a vehicle so they pay higher insurance coverage rates. Mature drivers are more responsible, tend to cause fewer accidents and receive fewer citations.
  • Liability coverage protects you – Liability coverage is the protection if a court rules you are at fault for damages from an accident. Liability insurance provides legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not skimp.

Finding Insurance Coverage

When shopping for insurance coverage there are multiple ways to compare quotes from different insurance companies. One of the best ways to find competitive 2001 Chevy Metro insurance rates is to get quotes online. This is very easy and can be done in several different ways.

  1. The best way consumers can analyze rates is a comparison rater form click here to open form in new window. This method saves time by eliminating a different quote for each company you want a rate for. In just a few minutes this one form gets you coverage quotes from all major companies. Recommended for those who want to invest the least amount of time.
  2. A less efficient way to get comparison quotes requires you to visit each individual company website to request a price quote. For instance, we’ll assume you want to compare USAA, Liberty Mutual and American Family. To find out each rate you need to spend time on each company’s site and enter your information, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

It’s your choice how you get your quotes, but compare the exact same coverages and limits on every quote you get. If you have unequal deductibles or liability limits it’s impossible to find the best deal for your Chevy Metro. Slightly different limits may result in large price differences. Just keep in mind that obtaining a wide range of quotes helps locate the best offered rates.

More discounts equal less premium

Car insurance can cost a lot, but discounts can save money and there are some available that you may not even be aware of. Most are applied at the time of purchase, but some must be asked for prior to receiving the credit.

  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Payment Method – If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.
  • Multi-car Discount – Insuring more than one vehicle with the same company qualifies for this discount.
  • Discount for Good Grades – Performing well in school can get you a discount of up to 25%. The discount lasts up until you turn 25.
  • New Car Discount – Insuring a new car is cheaper due to better safety requirements for new cars.

It’s important to understand that most discounts do not apply the the whole policy. A few only apply to individual premiums such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, companies wouldn’t make money that way. But any discount will cut the cost of coverage.

Car insurance companies that may offer some of the above discounts may include but are not limited to:

Check with each company which discounts you may be entitled to. All car insurance discounts might not apply everywhere.

It’s not one size fits all

When choosing proper insurance coverage, there really is no cookie cutter policy. Everyone’s needs are different.

For instance, these questions may help highlight if your situation would benefit from professional advice.

  • Why am I required to get a high-risk car insurance policy?
  • Who is covered by my policy?
  • Does insurance cover tools stolen from my truck?
  • Am I covered by my spouse’s policy after a separation?
  • Can my teen drive my company car?
  • Why do I only qualify for high-risk insurance?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Auto insurance specifics

Understanding the coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Liability coverages

This coverage can cover damage or injury you incur to other’s property or people. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Another option is a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like legal defense fees, structural damage and attorney fees. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like dental work, EMT expenses, prosthetic devices, doctor visits and chiropractic care. The coverages can be used in conjunction with a health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage

This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your 2001 Chevy Metro.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these coverages are similar to your liability insurance amounts.

Comprehensive coverage

This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from flooding, a broken windshield, hitting a bird, hail damage and fire damage. The most your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage protection

This coverage covers damage to your Metro resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as hitting a mailbox, crashing into a ditch, sustaining damage from a pot hole and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Knowledge is power

We’ve covered a lot of techniques to lower your 2001 Chevy Metro insurance rates. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. You may even find the most savings is with the least-expected company.

Affordable insurance is available on the web in addition to many insurance agents, and you should be comparing both to have the best rate selection. Some insurance companies do not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

Consumers change insurance companies for a variety of reasons including policy cancellation, denial of a claim, poor customer service or even questionable increases in premium. Regardless of your reason for switching companies, finding the right car insurance provider is not as hard as you think.

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