Consumers have many options when looking for affordable Chevy Volt insurance. You can either waste hours struggling with agents to compare prices or utilize the internet to get rate quotes.
There are both good and bad ways to shop for auto insurance so you’re going to learn the best way to quote coverages for a Chevy and obtain the cheapest rates either online or from local insurance agents.
Comprehensive Auto Insurance Comparison
Most companies allow you to get price estimates directly from their websites. Getting online rates doesn’t take much effort as you simply type in your coverage preferences into a form. Behind the scenes, their system requests your driving and credit reports and generates pricing information.
Being able to quote online makes comparing rates easy, but the work required to visit different websites and enter the same data into a form can get tiresome after awhile. But it’s absolutely necessary to get many rate quotes in order to get the best price possible.
A quicker way to find cheaper rates makes use of a single form to return rates from more than one company. The form is fast, reduces the work, and makes online price comparison a lot less work. After your information is entered, it is quoted and you are able to buy your choice of the returned quotes.
If you find a better price it’s easy to complete the application and purchase the new policy. This process takes just a few minutes to complete and may result in a nice savings.
If you want to use this form to compare rates, click here and submit the form. To compare your current rates, we recommend that you enter identical to your current policy. This way, you will get an apples-to-apples comparison for the exact same coverage.
Are you getting all your discounts?
Insurance can be prohibitively expensive, but companies offer discounts that you may not know about. A few discounts will automatically apply when you get a quote, but less common discounts must be asked for prior to receiving the credit.
- Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
- Federal Employees – Active or retired federal employment can save as much as 8% for Volt insurance depending on your company.
- Service Members Pay Less – Being deployed with a military unit could mean lower rates.
- Organization Discounts – Participating in a civic or occupational organization is a good way to get lower rates when shopping for auto insurance for Volt insurance.
- Multiple Policy Discount – If you insure your home and vehicles with one company you may save up to 20% off your total premium.
- Student Driver Training – Have your child take driver’s ed class in high school.
- Passive Restraints – Vehicles with factory air bags or automatic seat belts can qualify for discounts of up to 25% or more.
- Discount for Good Grades – This discount can earn a discount of 20% or more. The good student discount can last up until you turn 25.
- No Charge for an Accident – Certain companies will forgive one accident before hitting you with a surcharge if your claims history is clear for a set time period.
- No Claims – Good drivers with no accidents can earn big discounts when compared to drivers who are more careless.
It’s important to note that some of the credits will not apply to the entire policy premium. The majority will only reduce specific coverage prices like comp or med pay. Even though it may seem like all those discounts means the company will pay you, it doesn’t quite work that way. Any amount of discount will bring down the amount you have to pay.
To choose companies with the best auto insurance discounts, follow this link.
But buying car insurance online seems impersonal
Some people just want to get advice from a local agent and that is just fine! One of the best bonuses of comparing rates online is you may find better rates but also keep your business local. Buying from local agencies is important especially in small towns and cities.
For easy comparison, once you complete this simple form, your coverage information is emailed to insurance agents who will give you bids for your coverage. There is no need to leave your house as quotes are delivered directly to your email. How’s that for easy! You’ll get the best rates AND a local agent.
Independent or Captive: It’s your choice
When looking for a local agent, there are two types of insurance agents to choose from. Agencies are categorized either captive or independent.
Independent Insurance Agents
These agents are not required to write business for one company but instead can place your coverage with lots of companies enabling the ability to shop coverage around. To transfer your coverage to a different company, your agent can switch companies without you having to go to a different agency.
When searching for an agent, it’s recommended you include price quotes from at a minimum one independent agency for the best price selection. They often place coverage with smaller companies which can save you money.
Agency Captives
Captive agents write business for a single company and examples are American Family, Liberty Mutual and AAA. These agents are not able to shop your coverage around so keep that in mind. Captive agencies are very knowledgeable on their products and sales techniques and that can be a competitive advantage. Some consumers prefer to choose to use a captive agent mainly due to the brand legacy and the convenience of having all coverages with one company.
To view a complete directory of insurance agencies, click here.
Selecting an auto insurance agent shouldn’t rely on just a low price. Agents should be asked these questions:
- How long has their agency been open?
- Do the coverages you’re quoting properly cover your vehicle?
- Are claim adjusters local or do you have to take your car somewhere else?
- Do they have any clout with companies to ensure a fair claim settlement?
- Is vehicle mileage a factor when determining depreciation for repairs?
Once you have received positive feedback to all your questions in addition to an acceptable price estimate, most likely you have located an insurance agency that will properly service your auto insurance policy.
These factors can influence what you pay for Chevy Volt insurance
It’s important that you understand the rating factors that come into play when calculating the rates you pay for auto insurance. When you know what positively or negatively determines base rates empowers consumers to make smart changes that can help you get much lower annual insurance costs.
The list below includes a partial list of the pieces used by your company to calculate your rates.
- Better credit means lower rates – Your credit score is a big factor in your rate calculation. So if your credit history is lower than you’d like, you could potentially save money when insuring your Chevrolet Volt by improving your credit score. Drivers with good credit tend to file fewer claims and have better driving records as compared to drivers with poor credit.
- Where you live is a factor – Living in small towns and rural areas can be a good thing when buying auto insurance. City drivers have to deal with much more traffic and longer commute times. Fewer people means reduced accidents and also fewer theft and vandalism claims.
- Bundling policies can get discounts – Many companies will award you with lower prices to insureds who consolidate policies with them such as combining an auto and homeowners policy. Discounts can amount to anywhere from five to ten percent in most cases. Even though this discount sounds good, you may still want to compare rates to verify if the discount is saving money.
- Men pay higher rates – Statistics have proven women are more cautious behind the wheel. However, don’t assume that men are worse drivers. Women and men have accidents in similar numbers, but the male of the species cause more damage and cost insurance companies more money. Men also tend to have more aggressive citations such as reckless driving.
The best insurance company isn’t always the cheapest
Consumers who switch companies do it for a variety of reasons including delays in responding to claim requests, lack of trust in their agent, not issuing a premium refund or even policy cancellation. Regardless of your reason, switching companies is less work than it seems.
When you buy insurance online, you should never reduce coverage to reduce premium. There are a lot of situations where consumers will sacrifice liability limits or collision coverage only to discover later that it was a big error on their part. The aim is to buy enough coverage for the lowest price, not the least amount of coverage.
We covered many ideas to reduce Chevy Volt insurance prices online. The key concept to understand is the more providers you compare, the higher your chance of finding lower rates. Consumers could even find that the best prices are with a lesser-known regional company.
