2011 Chevrolet Volt Car Insurance Cost – 5 Tips to Save

Looking for the cheapest auto insurance rates for your Chevrolet Volt? Are you tired of robbing Peter to pay Paul to buy auto insurance? You are in the same boat as many other drivers.

Big-name insurance companies like Progressive, State Farm and Geico constantly blast consumers with ads and consumers find it hard to ignore the flashy ads and effectively compare rates to find the best deal.

It’s a great practice to do rate comparisons every six months because rates change frequently. Even if you got the best rate on Volt coverage six months ago there may be better deals available now. There is too much inaccurate information about auto insurance online but in a few minutes you can learn some tested techniques to reduce your auto insurance bill.

The quickest method to compare car insurance rates utilizes the fact all the major auto insurance companies have advanced systems to provide you with free rate quotes. The one thing you need to do is provide information including how much coverage you want, whether you are single or married, if the vehicle is leased, and the year, make and model of vehicles. The data is instantly submitted to multiple insurance coverage providers and they return rate quotes within a short period of time.

To start a quote now, click here and complete the form.

Insurance coverage companies are expert advertisers

State Farm, Allstate and Geico continually stream television and radio advertisements. All the ads convey the message that you’ll save big just by switching your insurance coverage policy to them. That’s great but how can every company make the same claim?

Companies have a certain “appetite” for the type of driver that will not have excessive claims. For example, a profitable customer might be described as a married female, has never had a claim, and drives newer vehicles. Anyone that fits those parameters will qualify for the lowest rates and most likely will pay quite a bit less when switching companies.

Consumers who are not a match for the ideal profile will probably be forced to pay higher rates and the customer not buying. If you listen to the ad wording, they say “drivers who switch” not “everybody who quotes” save the amount stated. That is how companies can advertise the savings.

Because of these techniques, you really need to get insurance coverage quotes as often as possible. It is just not possible to predict which company will give you the biggest savings.

Get cheap insurance quotes with discounts

Companies that sell car insurance don’t always advertise every possible discount very well, so below is a list some of the more common and the harder-to-find credits that you can use to lower your rates.

• Air Bags and Passive Restraints – Factory options such as air bags or motorized seat belts may get savings up to 30%.
• Homeowners Savings – Owning your own home or condo can earn you a little savings since home ownership requires personal responsibility.
• Claim-Free Discount – Good drivers with no accidents get the best insurance rates compared to insureds who have frequent claims or accidents.
• Life Insurance Discount – Not all insurance companies offer life insurance, but some may give you a small discount if you purchase a life policy as well.
• Discounts for Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% on Volt coverage than less cautious drivers.

As a sidenote, many deductions do not apply to the overall cost of the policy. Some only reduce individual premiums such as liability, collision or medical payments. Despite the fact that it seems like you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will lower the amount you pay for coverage.

For a list of insurance companies with significant discounts, follow this link.

Tailor your insurance coverage coverage to you

When choosing coverage for your vehicles, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions can help discover if you would benefit from an agent’s advice.

• Does liability extend to a camper or trailer?
• Does coverage extend to my business vehicle?
• Does my car insurance cover rental cars?
• Am I getting all the discounts available?
• What can I do if my company won’t pay a claim?
• What is no-fault insurance?
• What is high-risk coverage and where do I buy it?
• What if I don’t agree with a claim settlement offer?
• I have good health insurance, so how much medical payments coverage do I need?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Parts of your insurance policy

Understanding the coverages of a insurance policy aids in choosing appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverage types offered by insurance companies.

Comprehensive insurance

This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, hail damage and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability coverage

This provides protection from damage or injury you incur to other’s property or people in an accident. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for things like court costs, repair costs for stationary objects, funeral expenses and medical expenses. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your Chevy Volt.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Normally the UM/UIM limits are similar to your liability insurance amounts.

Coverage for collisions

Collision insurance pays for damage to your Volt caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like sideswiping another vehicle, driving through your garage door and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for immediate expenses like dental work, surgery and chiropractic care. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Be a Smart Shopper

Some car insurance companies may not provide internet price quotes and most of the time these regional insurance providers only sell coverage through independent insurance agents. Discount 2011 Chevy Volt insurance can be bought on the web and from local agencies, so you need to compare both in order to have the best price selection to choose from.

As you prepare to switch companies, it’s very important that you do not reduce coverage to reduce premium. There are many occasions where an insured cut physical damage coverage only to regret that they should have had better coverage. The ultimate goal is to get the best coverage possible for the lowest price while still protecting your assets.

More tips and info about car insurance is available in the articles below:

• How to Avoid Common Accidents (State Farm)
• Anti-Lock Brake FAQ (iihs.org)
• Get the Right Protection (InsureUonline.org)
• Distracted Driving (Insurance Information Insitute)