Save on 2018 Chevrolet Volt Insurance Quotes

Trying to find the cheapest car insurance rates for your Chevrolet Volt? Are you drained from sacrificing other expenses to pay high car insurance rates every month? You have the same problem as many other consumers.

Many auto insurance companies vie for your hard-earned dollar, so it’s not easy to compare every insurance company and get the best coverage at the lowest cost out there.

It is always a good idea to do rate comparisons periodically because rates trend upward over time. Just because you had the lowest rate on Volt coverage a few years ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate the things you must know in order to find great coverage at a great price.

If you currently have a car insurance policy, you will most likely be able to cut costs considerably using this information. Finding the best rates is easy if you know what you’re doing. Nevertheless, drivers do need to understand the methods companies use to determine prices because it can help you find the best coverage.

The quickest way to compare insurance rates from multiple companies is to know most of the bigger providers actually pay money for the chance to quote your coverage. The only thing you need to do is give them rating details such as your education level, the year, make and model of vehicles, what you do for a living, and daily mileage. Your details is instantly provided to many highly-rated insurers and they respond with quotes instantly.

Can you really save if you switch?

Companies like 21st Century, Allstate and State Farm continually stream ads on TV and radio. They all seem to make the promise that drivers will save a bundle if you just switch to them. How is it plausible that every one can charge less that you’re paying now? It’s all in how they say it.

Insurance companies offer their best rates for a prospective insured that will be a good risk. For example, this type of insured may need to be over age 30, has never had a policy lapse, and has a high credit rating. Anyone who matches that profile will probably get the lowest premium rates and will probably cut their rates if they switch.

People who don’t meet these standards will have to pay a more expensive rate with the end result being the customer buying from a different company. The trick is to say “customers that switch” not “everyone that quotes” save the amount stated. That’s the way companies can state the savings. Different companies use different criteria so it is so important to compare many company’s rates. Because you never know which insurance coverage company will have better prices than you’re paying now.

You may qualify for discounts

Companies that sell car insurance don’t list all their discounts in an easy-to-find place, so the list below contains some of the more common and the harder-to-find ways to save on car insurance.

  • Discounts for Seat Belt Usage – Buckling up and requiring all passengers to use their safety belts can save up to 15% off PIP or medical payments premium.
  • Good Student Discount – Getting good grades may save you up to 25%. You can use this discount normally up to age 25.
  • Drive Less and Save – Keeping the miles down on your Chevy can qualify you for slightly better prices than normal.
  • Military Discounts – Having a deployed family member may qualify for rate reductions.
  • No Accidents – Drivers with accident-free driving histories are rewarded with significantly better rates on insurance quote when compared to bad drivers.
  • Driver’s Ed – Teen drivers should sucessfully take a drivers education course if offered at their school.
  • Defensive Driver Discounts – Successfully completing a safe driver class could earn you a small percentage discount and also improve your driving technique.
  • Multi-line Discount – Not all insurance carriers offer life insurance, but some may give you a lower car insurance rate if you buy some life insurance too.
  • Online Discount – Some car insurance companies may give you up to $50 for buying a policy and signing up online.

Consumers should know that most discounts do not apply to the entire policy premium. Most only reduce individual premiums such as collision or personal injury protection. Even though it appears adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

A few of the larger companies and some of the discounts are outlined below.

  • State Farm may have discounts that include driver’s education, multiple policy, safe vehicle, multiple autos, and good driver.
  • American Family has discounts for bundled insurance, accident-free, early bird, good driver, and Steer into Savings.
  • Geico discounts include seat belt use, emergency military deployment, anti-lock brakes, good student, driver training, and federal employee.
  • 21st Century has savings for driver training, 55 and older, early bird, teen driver, good student, and theft prevention.
  • Progressive offers discounts including continuous coverage, multi-vehicle, online quote discount, multi-policy, online signing, and good student.

When quoting, ask each company or agent which discounts can lower your rates. Discounts might not be offered on policies in your area.

There’s no such thing as the perfect auto insurance policy

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Everyone’s needs are different so your insurance needs to address that. For example, these questions could help you determine whether you would benefit from professional advice.

  • Where can I get insurance after a DUI in my state?
  • Is other people’s property covered if stolen from my vehicle?
  • What can I do if my company won’t pay a claim?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Am I better off with higher deductibles on my 2018 Chevy Volt?
  • Am I covered when pulling a rental trailer?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Auto insurance coverage information

Learning about specific coverages of a car insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Shown next are the usual coverages found on most car insurance policies.

Comprehensive auto coverage – This covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hail damage, damage from a tornado or hurricane, damage from getting keyed and falling objects. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverage – This pays for damage to your Volt resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as hitting a parking meter, rolling your car, driving through your garage door and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Liability insurance – This coverage provides protection from damages or injuries you inflict on people or other property that is your fault. This coverage protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against claims like loss of income, legal defense fees and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance reimburse you for bills such as rehabilitation expenses, X-ray expenses, pain medications, dental work and nursing services. They can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your 2018 Chevy Volt.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Save for a rainy day

As you quote insurance, you should never reduce needed coverages to save money. There are too many instances where an accident victim reduced collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your objective should be to purchase plenty of coverage at the best cost while still protecting your assets.

We just showed you many tips how you can shop for 2018 Chevy Volt insurance online. The key thing to remember is the more quotes you get, the higher the chance of saving money. Drivers may discover the best premium rates are with a smaller regional carrier. They may cover specific market segments cheaper than their larger competitors like State Farm and Allstate.

To read more, take a look at these articles: