Are you tired of robbing Peter to pay Paul to insure your Chevy every month? Your situation is no different than many other drivers. Drivers have so many insurers to insure vehicles with, and though it is a good thing to have a choice, lots of choices makes it harder to get the best deal.
It’s a great practice to check car insurance prices periodically because prices change regularly. Just because you had the best price on Camaro insurance a couple years back you will most likely find a better rate today. You can find a lot of misleading information regarding car insurance on the internet, so I’m going to show you the best ways to find cheap car insurance.
Quick Quotes for Chevy Camaro Coverage
Most major insurance companies like Allstate and Progressive allow you to get coverage prices directly from their websites. The process is quite simple as you simply type in your personal and coverage information as detailed in the form. When the form is submitted, the system pulls your driving record and credit report and gives you a price quote determined by many factors. Quoting online streamlines rate comparisons, but the time it takes to visit several different sites and type in the same information is repetitive and time-consuming. Unfortunately, it is important to get many rate quotes in order to get better prices.
An easier way to get multiple rate quotes utilizes a single form to return rates from a bunch of companies at once. The form is fast, eliminates repetitive work, and makes online price comparison much simpler. As soon as the form is sent, it is quoted and you are able to buy any of the pricing results. If the quotes result in lower rates, you can simply submit the application and buy the policy. This process takes just a few minutes to complete and may result in a nice savings.
To find out what other companies charge, click here to open in a new tab and enter your vehicle and coverage information. If you have coverage now, it’s recommended you complete the form with the insurance coverages as shown on your current policy. Using the same limits helps guarantee you will be getting rate comparison quotes based on the exact same insurance coverage.
These discounts can lower your rates
Companies that sell car insurance don’t always publicize every available discount very clearly, so we researched both well-publicized and the more hidden savings tricks you should be using. If you’re not getting every credit you qualify for, you’re paying more than you need to.
- Safe Driver Discount – Insureds without accidents may receive a discount up to 45% less on Camaro insurance than less cautious drivers.
- Accident Waiver – A few companies will allow you to have one accident without raising rates if you are claim-free for a set time period.
- Federal Employees – Active or retired federal employment can earn a discount up to 10% on Camaro insurance with a few car insurance companies.
- Multiple Vehicles – Having multiple vehicles with the same company can get a discount on all vehicles.
- Military Rewards – Being on active duty in the military could be rewarded with lower premiums.
- No Claims – Drivers with accident-free driving histories can save substantially when compared with drivers who are more careless.
- Paperwork-free – Certain companies may give you up to $50 for buying your policy digitally online.
- Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt could cut 10% or more off the personal injury premium cost.
- Payment Method – By paying your policy upfront instead of paying each month you can actually save on your bill.
- Good Student – Performing well in school can get you a discount of up to 25%. The discount lasts up to age 25.
It’s important to understand that most of the big mark downs will not be given to the entire policy premium. Some only apply to the cost of specific coverages such as comp or med pay. Just because it seems like it’s possible to get free car insurance, car insurance companies aren’t that generous.
Aren’t my neighborhood agents an option?
Some consumers would prefer to buy from a local agent and there is nothing wrong with that. Educated insurance agents are trained to spot inefficiencies and give you peace of mind. The best thing about comparing rates online is that you can obtain lower rates and still choose a local agent.
By using this form (opens in new window), the coverage information is submitted to local insurance agents who will give you bids for your insurance coverage. There is no need to leave your computer because quoted prices will be sent immediately to your email address. Now that’s easy!
Picking an insurance company requires more thought than just the premium amount. Some important questions to ask are:
- Will your rates increase after a single accident?
- Is assistance available after office hours?
- If you are a high risk driver, do they have special markets for your coverage?
- Do they carry Errors and Omissions coverage?
- How many years of experience in personal lines insurance coverages do they have?
- Are there any discounts that you might be missing?
- Are claim adjusters local or do you have to take your car somewhere else?
- Does the agent have professional designations like CIC, CPCU or AIC?
Captive and independent auto insurance agents
If you’re trying to find a good insurance agent, you need to know there are two types of agencies to choose from. Insurance agencies are categorized either independent (non-captive) or captive. Either one can properly insure your vehicles, but it’s good to learn how they differ since it can impact your selection of an agent.
Captive Insurance Agents
Captive agents can only write with one company like Liberty Mutual, State Farm, Allstate and AAA. Captives cannot give you multiple price quotes so they are skilled at selling on more than just price. They are well schooled on their company’s products which can be an advantage.
Independent Insurance Agents
Independent agents are not employed by any specific company so they have the ability to put coverage with lots of companies enabling the ability to shop coverage around. To move your coverage to a new company, they simply move the coverage in-house without you having to go to a different agency. When searching for an agent, it’s recommended you get quotes from at least one independent agent to get the best comparison.
For a full directory of agencies, visit this site.
Once you have answers to your satisfaction to your questions as well as a affordable price, you have narrowed it down to an insurance agency that is a good match to service your policy.
You are unique and your car insurance should be too
When it comes to choosing coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions can aid in determining if your situation would benefit from an agent’s advice.
- When should I not file a claim?
- What can I do if my company won’t pay a claim?
- Do I have coverage for damage caused while driving under the influence?
- How many claims can I have before being cancelled?
- How much liability coverage do I need in my state?
- I don’t drive much so do I pay less?
- Does having multiple vehicles earn me a discount?
- I have good health insurance, so how much medical payments coverage do I need?
- Can my teen driver be rated on a liability-only vehicle?
- Are rental cars covered under my policy?
If you’re not sure about those questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.
Chevy Camaro insurance premiums are calculated by many factors
Consumers need to have an understanding of the factors that go into determining the rates you pay for car insurance. Having a good understanding of what impacts premium levels enables informed choices that could result in big savings.
Listed below are some of the items car insurance companies consider when setting premiums.
- Type of vehicle determines base rates – The make and model of the vehicle you drive makes a big difference in your rates. Due to the fact that the Chevrolet Camaro falls in the sports car class, insuring your vehicle will cost much more compared to average rates. Lower performance four cylinder passenger cars receive the most favorable rates, but other factors influence the final cost greatly.
- Protect your assets with liability insurance – Liability insurance is the protection if you are found to be at fault for damages from an accident. Liability insurance provides you with a defense in court starting from day one. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not skimp.
- Big city or small town – Residing in less populated areas is a positive aspect when it comes to car insurance. Less people living in that area means reduced accidents and a lower car theft rate. City drivers have to deal with more traffic problems and a longer drive to work. More time on the road translates into higher accident risk.
- A clean driving record saves money – Even a single speeding ticket may increase your cost by as much as thirty percent. Drivers with clean records receive lower rates compared to drivers with tickets. Drivers who get flagrant violations such as hit and run, DWI or reckless driving convictions may be required to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to keep their license.
- Please use or commuting – The higher the mileage driven every year the higher your rates will be. Most insurance companies price each vehicle’s coverage based on their usage. Autos left parked in the garage qualify for better rates than vehicles that are driven to work every day. Having the wrong rating on your Camaro can result in significantly higher rates. Make sure your car insurance declarations sheet properly reflects the correct usage for each vehicle.
- Marriage pays dividends – Having a spouse actually saves money on your car insurance policy. Marriage means you’re more mature and responsible and statistics show married couples file fewer claims.
- Occupation reflects on rates – Did you know that where you work can have an impact on rates? Careers like lawyers, executives and stock brokers have the highest rates attributed to job stress and lengthy work days. On the other hand, professions such as actors, students and homemakers get better rates on Camaro insurance.
Do drivers who switch really save $399 a year?
Consumers constantly see and hear ads for car insurance savings from companies such as Allstate and Progressive. All the ads make the same claim that you’ll save big if you change your policy.
How do they all make almost identical claims? It’s all in the numbers.
Different companies have a preferred profile for the right customer that makes them money. For example, a preferred risk might be profiled as over the age of 40, owns a home, and chooses high deductibles. A customer getting a price quote who fits that profile gets the lowest rates and as a result will probably save when they switch companies.
Drivers who are not a match for the requirements must pay higher premiums and this can result in the customer not buying. The ads say “customers who switch” but not “drivers who get quotes” save that much. That’s the way companies can truthfully claim big savings. This illustrates why drivers must compare as many rates as you can. It’s impossible to know which insurance companies will have the lowest rates.
Best coverage at the best price
As you restructure your insurance plan, it’s very important that you do not skimp on critical coverages to save a buck or two. In too many instances, an accident victim reduced liability coverage limits and learned later they didn’t have enough coverage. Your focus should be to find the BEST coverage at a price you can afford.
You just read many ideas to get a better price on Chevy Camaro insurance. The most important thing to understand is the more rate quotes you have, the better likelihood of reducing your rate. Drivers may discover the best price on car insurance is with a company that doesn’t do a lot of advertising. Some small companies may have significantly lower rates on certain market segments as compared to the big name companies such as State Farm, GEICO and Nationwide.
The cheapest Chevy Camaro insurance is definitely available from both online companies and with local insurance agents, so compare prices from both in order to have the best chance of saving money. Some insurance providers do not offer you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.
