Scraping up a payment for overpriced Chevrolet Express 2500 insurance can dwindle your savings account, especially in this economy. Comparison shopping is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away. You have multiple car insurance companies to purchase coverage from, and even though it’s nice to be able to choose, so many choices can make it hard to find the best rates.
Consumers should take time to take a look at other company’s rates before your policy renews because insurance rates are constantly changing. Just because you had the lowest rates for Express coverage six months ago you may be paying too much now. You can find a lot of misleading information regarding car insurance online but with this article, you’re going to get some excellent ideas to find cheap car insurance.
Buying car insurance is quite easy. If you currently have car insurance, you will most likely be able to lower your premiums substantially using this strategy. Vehicle owners just need to know the tricks to find the lowest price on the web.
Don’t miss out on these money-saving discounts
Companies that sell car insurance don’t always list all their discounts in a way that’s easy to find, so the following is a list of both well-publicized and the more hidden car insurance savings. If you aren’t receiving every discount you deserve, you are paying more than you should be.
- Memberships – Being a member of certain professional organizations may earn a discount when shopping for car insurance for Express coverage.
- Discount for New Cars – Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.
- Seat Belts Save – Requiring all passengers to use a seat belt can save up to 15% off the personal injury premium cost.
- Fewer Miles Equal More Savings – Driving fewer miles can earn discounted rates on garaged vehicles.
- Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education in high school.
Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to the cost of specific coverages such as medical payments or collision. So even though it sounds like adding up those discounts means a free policy, you won’t be that lucky.
For a list of insurance companies with the best car insurance discounts, click here.
Pieces of the Chevy Express 2500 rate puzzle
Consumers need to have an understanding of some of the elements that play a part in calculating your car insurance rates. When you know what positively or negatively determines base rates enables informed choices that will entitle you to big savings.
Shown below are a partial list of the pieces car insurance companies consider when setting prices.
- No coverage gaps is important – Driving your car without having proper coverage is illegal and car insurance companies will penalize you for letting your insurance expire. Not only will rates go up, but not being able to provide proof of insurance can result in a steep fine or even jail time.
- With age comes lower rates – Mature drivers are more cautious drivers, tend to cause fewer accidents and are safer drivers. Teenage drivers tend to be less responsible in a vehicle and because of this, their car insurance rates are much higher.
- Marriage brings a discount – Getting married can actually save you money on car insurance. Having a significant other translates into being more responsible and it’s proven that being married results in fewer claims.
- Better credit means lower rates – Having a bad credit history is a large factor in calculating your car insurance rates. If your credit is not that good, you could pay less to insure your Chevrolet Express 2500 by improving your credit score. People with excellent credit tend to be more responsible as compared to drivers with lower credit scores.
- Theft deterrents lower rates – Driving a car with a theft deterrent system can help lower your rates. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
- Men fork out a little more – The statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that women are better drivers. Women and men are in accidents at a similar rate, but the men cause more damage. Men also statistically get cited for more serious violations like reckless driving and DUI. Young males are the most expensive to insure and are penalized with high car insurance rates.
- Don’t skimp on liability – Your policy’s liability coverage is the protection if you are found to be at fault for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not cut corners here.
- Traffic violations increase rates – Your driving record has a big impact on rates. Drivers who don’t get tickets have lower premiums compared to drivers with tickets. Even a single ticket can bump up the cost by twenty percent. Drivers who get flagrant violations such as DUI or reckless driving may be required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to keep their license.
What about using a local agent?
A small number of people prefer to buy from a local agent and there is nothing wrong with that. Educated insurance agents can answer important questions and give you someone to call. One of the great benefits of price shopping on the web is you can get the lowest rates but also keep your business local.
After filling out this short form, your coverage information is sent to participating agents who will give you bids for your insurance coverage. There is no need to visit any agencies due to the fact that quote results will go straight to your inbox. Now that’s easy!
Choosing an provider shouldn’t rely on just the price. Ask your prospective agent these questions:
- Who is covered by the car insurance policy?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Which insurance companies are they affiliated with?
- How long has their agency been in business?
- If your car is in the repair shop, do you have coverage for a rental car?
- Does the agency have a good rating with the Better Business Bureau?
If you wish to view licensed agents in your state, visit this page.
After receiving positive responses to these questions and an acceptable price quote, chances are good that you have found an insurer that can adequately provide car insurance.
Drivers who switch save $387 a year? Really?
Consumers can’t get away from ads for cheaper car insurance by State Farm, Allstate and GEICO. They all have a common claim that you can save if you move to their company.
How does each company make the same claim? It’s all in the numbers.
All the different companies have a certain “appetite” for the driver that is profitable for them. For example, a driver they prefer could possibly be over the age of 50, a clean driving record, and has excellent credit. Any new insured who matches those parameters receives the best rates and therefore will save quite a bit of money when switching.
Potential customers who don’t qualify for this ideal profile will be quoted higher rates which usually ends up with business going elsewhere. The ads state “people who switch” not “everybody who quotes” save that much. This is how insurance companies can confidently claim big savings. This emphasizes why drivers must get quotes from several different companies. Because you never know which insurance companies will fit your personal profile best.
More quotes mean more savings
We just covered a lot of ways to reduce Chevy Express 2500 insurance prices online. The most important thing to understand is the more you quote, the more likely it is that you will get a better rate. Consumers could even find that the best price on car insurance is with a small local company. Regional companies may have significantly lower rates on certain market segments than their larger competitors like Progressive and GEICO.
Cost effective Chevy Express 2500 insurance can be bought from both online companies in addition to many insurance agents, and you should be comparing both so you have a total pricing picture. A few companies do not provide online price quotes and these small insurance companies work with independent agents.
When shopping online for car insurance, you should never reduce needed coverages to save money. There have been many cases where someone dropped collision coverage and learned later that their decision to reduce coverage ended up costing them more. The aim is to find the BEST coverage at an affordable rate.
