Chevy Aveo Insurance – 5 Discounts Consumers are Forgetting

Having to pay for pricey auto insurance can empty your personal savings and force you to make tough financial choices. Price shopping at each renewal can be a smart way to make sure you’re not throwing money away.

Due to the increasing number of online and local companies to choose from, it can be challenging to locate the right insurance company.

It’s important to get comparison quotes at least once a year because insurance rates go up and down regularly. Even if you got the best deal on Aveo insurance last year you can probably find a better price now. Forget all the misinformation about auto insurance because we’re going to show you the best methods to lower your annual insurance bill.

Buying cheaper coverage can be fairly easy. If you have insurance now or are just looking to switch companies, you can use these tips to reduce the price you pay and possibly find even better coverage. Vehicle owners just need to understand the best way to compare company rates on the web.

Performing a rate comparison can be a daunting task if you aren’t aware of the most efficient way to do it. You could spend your day discussing policy coverages with insurance companies in your area, or you could use the internet to quickly compare rates.

Many companies belong to an insurance system that allows shoppers to complete one form, and at least one company can provide price quotes. This prevents consumers from doing quotation requests for each company you want a rate for.

To find out how much you’re overpaying now click to open in new window.

The only drawback to getting quotes like this is buyers cannot specifically choose which insurance companies to get pricing from. So if you prefer to pick specific providers to receive pricing from, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but double check that you are using identical information on every price quote you get. If you enter different data it will be very difficult to make an equal comparison.

Auto insurance policy discounts you can’t miss

Not too many consumers would say auto insurance is affordable, but there could be available discounts that you may not even know about. Certain credits will be shown when you get a quote, but occassionally some discounts must be asked about before you get the savings.

• Good Student – Excelling in school can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
• Seat Belt Discounts – Forcing all vehicle occupants to wear their seat belts may be able to save a few bucks on the premium charged for medical payments and/or PIP.
• Auto/Life Discount – Some insurance carriers give a break if you buy some life insurance in addition to your auto policy.
• Full Payment Discount – If you pay your bill all at once rather than paying monthly you can avoid monthly service charges.
• Driving Data Discount – Policyholders that allow companies to analyze where and when they drive by installing a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive might see lower rates if they show good driving skills.

Discounts save money, but please remember that most discounts do not apply to all coverage premiums. Some only apply to specific coverage prices like collision or personal injury protection. So despite the fact that it appears it’s possible to get free car insurance, that’s just not realistic.

A few of the larger companies and some of the premium reductions they offer can be read below.

• American Family includes discounts for TimeAway discount, early bird, bundled insurance, defensive driver, and Steer into Savings.
• Nationwide offers discounts including good student, Farm Bureau membership, easy pay, defensive driving, accident-free, business or organization, and anti-theft.
• MetLife has discounts for accident-free, good driver, good student, claim-free, defensive driver, and multi-policy.
• 21st Century may include discounts for early bird, theft prevention, teen driver, homeowners, defensive driver, and student driver.
• Farmers Insurance offers discounts for electronic funds transfer, pay in full, early shopping, alternative fuel, and switch companies.
• Allstate may offer discounts for multi-policy, early signing, auto/life discount, new car, defensive driver, anti-theft, and eSmart discount.

When quoting, ask every company which discounts can lower your rates. Discounts may not apply in your area. For a list of auto insurance companies with discount rates, click here.

Insurance agents can help

When it comes to buying adequate coverage for your vehicles, there isn’t really a perfect coverage plan. Each situation is unique so this has to be addressed. These are some specific questions may help you determine whether your personal situation might need professional guidance.

• Exactly who is provided coverage by my policy?
• Can I still get insurance after a DUI?
• Does my liability insurance cover pulling a trailer or camper?
• Am I covered when delivering products for my home-based business?
• At what point should I drop full coverage?
• Do I have coverage if my license is suspended?
• Do I need roadside assistance coverage?
• Should I put collision coverage on all my vehicles?

If it’s difficult to answer those questions but one or more may apply to you, 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 It only takes a few minutes and may give you better protection.

The coverage is in the details

Learning about specific coverages of your auto insurance policy can help you determine the best coverages and the correct deductibles and limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types offered by auto insurance companies.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for expenses such as surgery, hospital visits, prosthetic devices and EMT expenses. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and damage to your Chevy Aveo.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is very important. Usually these coverages are similar to your liability insurance amounts.

Collision protection

Collision insurance will pay to fix damage to your Aveo caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things like driving through your garage door, sideswiping another vehicle, crashing into a ditch, hitting a mailbox and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Liability coverages

Liability coverage can cover damages or injuries you inflict on other people or property by causing an accident. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers claims like structural damage, funeral expenses, emergency aid and repair costs for stationary objects. How much coverage you buy is your choice, but buy as much as you can afford.

Comprehensive or Other Than Collision

This will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as rock chips in glass, damage from a tornado or hurricane and theft. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Final thoughts

Cheap Chevy Aveo insurance is possible from both online companies and from local insurance agents, so you need to with both to get a complete price analysis. There are still a few companies who do not provide rate quotes online and most of the time these smaller providers only sell coverage through independent agents.

We just showed you some good ideas how to shop for Chevy Aveo insurance online. It’s most important to understand that the more companies you get car insurance rates for, the better your chances of lowering your car insurance rates. You may even discover the most savings is with a smaller regional carrier. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm or Progressive.