2001 Chevrolet Cavalier Insurance Cost

Trying to find the cheapest auto insurance rates? Buyers have a choice when searching for the best price on Chevy Cavalier insurance. You can either waste hours calling around to get rate comparisons or use the internet to get rate quotes.

There is a better way to buy auto insurance so we’re going to tell you the proper way to price shop coverage for a Chevy and find the cheapest rates from local insurance agents and online providers.

Insurance coverage discounts help cut rates

Not many people think insurance is cheap, but there could be available discounts that can drop the cost substantially. Many discounts should be triggered when you quote, but occassionally some discounts must be asked for before you will receive the discount.

• Driver Safety – Successfully completing a defensive driver class can save you 5% or more and easily pay for the cost of the class.
• Paperless Signup – Some of the larger companies may give you up to $50 shop insurance on the internet.
• Home Ownership Discount – Simply owning a home can earn you a little savings because owning a home is proof that your finances are in order.
• Good Student Discount – Maintaining excellent grades may save you up to 25%. The good student discount can last up to age 25.
• Payment Method – If you can afford to pay the entire bill instead of paying each month you may reduce your total bill.

It’s important to note that many deductions do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like medical payments or collision. Even though it may seem like you could get a free insurance coverage policy, nobody gets a free ride.

If you would like to see a list of companies that provide some of the discounts listed above, click here to view.

The method we recommend to compare rate quotes is to know most of the larger companies will pay a fee to quote your coverage. All consumers are required to do is spend a couple of minutes providing details like if you have an active license, your credit rating estimate, your education level, and the ages of drivers. Those rating factors is then submitted to many of the top insurers and they respond with quotes with very little delay.

To find lower rates now, click here and find out if lower rates are available.

How your Cavalier insurance rates are determined

The best way to find cheaper insurance is to take a look at some of the elements that help calculate your policy premiums. If you have some idea of what determines base rates, this helps enable you to make changes that can help you get lower rates.

The list below includes a few of the “ingredients” used by your company to calculate your rate level.

• Bad drivers pay high rates – Having a clean driving record has a lot to do with how much you pay for insurance. Careful drivers get better prices as compared to careless drivers. Having just one speeding ticket or other violation can increase rates substantially. People who have multiple citations like DUI or willful reckless driving are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to legally drive a vehicle.
• Know your vehicle’s NHTSA crash test rating – Safe vehicles cost less to insure. Vehicles engineered for safety protect occupants better and fewer serious injuries means less claims paid and thus lower rates.
• Older drivers pay less – More experienced drivers tend to be more responsible, tend to cause fewer accidents , and are generally more financially stable.Young drivers tend to be inattentive and easily distracted in a vehicle so insurance rates are higher.
• Inexpensive frequent policy claims are not good – If you’re an insured who likes to file claims you can look forward to higher rates. Auto insurance companies give discounts to policyholders that do not abuse their auto insurance. Insurance coverage is meant to be used in the event of claims that you cannot pay yourself.
• Being married can lower prices – Having a wife or husband can actually save you money on your policy. Having a significant other means you’re less irresponsible and it’s proven that married couples file fewer claims.
• Multiple policies with one company – Most insurance companies give better rates to clients who buy several policies from them. It’s known as a multi-policy discount. Even if you’re getting this discount you may still want to compare rates to help guarantee you have the best rates.
• Is your vehicle theft-ready? – Selecting a car model with a theft deterrent system can earn a premium discount. Anti-theft devices like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder car theft and help bring rates down.

Which is the best car insurance?

When it comes to choosing proper insurance coverage, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For instance, these questions can help discover whether you may require specific advice.

• Should I buy only the required minimum liability coverage?
• What is an SR-22 filing?
• Can I get a multi-policy discount?
• Is other people’s property covered if stolen from my vehicle?
• Will my vehicle be repaired with OEM or aftermarket parts?
• Does my 2001 Chevy Cavalier qualify for pleasure use?
• At what point should I drop full coverage?
• Can I pay claims out-of-pocket if I buy high deductibles?
• Am I covered if I drive in a foreign country?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Don’t listen to company ads

Consumers can’t ignore all the ads that promise big savings from companies such as Progressive, Geico, Allstate and State Farm. All the companies make the same claim that you’ll save big if you move your policy.

That’s great but how can every company have lower policy pricing? It’s all in the numbers.

Companies can use profiling for the type of customer that will add to their bottom line. For instance, a profitable insured should be between 30 and 50, has a low-risk occupation, and drives less than 10,000 miles a year. A driver who fits that profile will get low prices and will most likely save a lot of money.

Drivers who are not a match for the requirements must pay a higher rate which leads to the customer buying from a different company. The ads say “people that switch” not “everyone who quotes” save that much money. That’s why insurance companies can advertise the way they do.

Because of this risk profiling, you really need to get insurance quotes from several different companies. Because without a comparison, you cannot know with any certainty which company will have the lowest rates.

Information about specific coverages

Having a good grasp of your policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Medical expense coverage

Coverage for medical payments and/or PIP pay for short-term medical expenses like EMT expenses, funeral costs and dental work. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

Collision insurance will pay to fix damage to your Cavalier resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims like driving through your garage door, sideswiping another vehicle, colliding with another moving vehicle and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from older vehicles. You can also raise the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection when other motorists either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually the UM/UIM limits do not exceed the liability coverage limits.

Auto liability

This coverage will cover injuries or damage you cause to other people or property by causing an accident. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against things like medical expenses, structural damage, pain and suffering and attorney fees. How much coverage you buy is your choice, but you should buy as large an amount as possible.

Comprehensive protection

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as theft, damage from flooding, damage from getting keyed and damage from a tornado or hurricane. The maximum payout a auto insurance company will pay at claim time 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.

Make an honest buck

We just covered a lot of tips how to lower your 2001 Chevy Cavalier insurance car insurance rates. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding low cost insurance. Consumers may even find the lowest priced insurance coverage comes from an unexpected company.

Lower-priced insurance coverage is definitely available both online as well as from independent agents, so you should compare both so you have a total pricing picture. There are still a few companies who may not have online rate quotes and most of the time these small, regional companies sell through local independent agencies.

Consumers change insurance companies for a variety of reasons including denial of a claim, questionable increases in premium, delays in paying claims and even policy cancellation. Regardless of your reason for switching companies, switching companies can be pretty painless.

Other resources

• Distracted Driving Statistics (Insurance Information Insitute)
• Driving in Bad Weather (Insurance Information Insitute)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• What are my Rights when Filing a Claim? (Insurance Information Insitute)
• Keeping Children Safe in Crashes Video (iihs.org)
• Things to Know Before you Cancel Insurance (Allstate)