2006 Chevrolet SSR Car Insurance Cost

Are you irritated from paying out the nose to keep your car insured? You’re in the same situation as millions of other people.

People have so many car insurance companies to insure vehicles with, and although it’s nice to have multiple companies, it can be more difficult to locate the cheapest rates.

It’s important to quote other rates every six months because car insurance prices go up and down regularly. Just because you found the best deal for SSR insurance six months ago you may be paying too much now. Forget anything you know (or think you know) about car insurance because you’re about to find out the things you must know in order to buy cheaper car insurance.

Insurance premiums are influenced by these factors

Smart consumers have a good feel for some of the factors that aid in calculating the level of your policy premiums. If you understand what determines base rates, this enables you to make decisions that may result in better auto insurance rates.

Shown below are a few of the things that factor into your rates.

  • Insure car and home with the same company – Most insurance companies will award a discount to policyholders who consolidate policies with them such as combining an auto and homeowners policy. The discount can be five, ten or even twenty percent. Even with this discount, consumers should still compare other insurance prices to help guarantee you have the best rates. You may still find lower rates even if you insure with multiple companies
  • Don’t let your auto insurance lapse – Having a gap between insurance policy dates will be a guaranteed way to bump up your auto insurance costs. In addition to paying higher premiums, getting caught without coverage can result in a fine, jail time, or a revoked license. You may then have to file a SR-22 with your state DMV.
  • Safer occupants lowers rates – Cars with high safety ratings can get you lower premiums. Vehicles built for safety help reduce the chance of injuries in an accident and lower injury rates translates directly to fewer claims and more competitive rates for policyholders.
  • Drive fewer miles and save – The more you drive your Chevy in a year the more you will pay for auto insurance. A lot of companies charge rates based on how the vehicle is used. Autos that have low annual miles receive lower rates than those used for commuting. Having the wrong rating on your SSR can result in significantly higher rates. Ask your agent if your auto insurance policy is rated on the correct usage for each vehicle, because it can save money.
  • Vehicle options can affect auto insurance rates – Owning a car with advanced anti-theft systems can save you a little every year. Theft prevention devices like OnStar, LoJack tracking, and tamper alarms help track and prevent your vehicle from being stolen.
  • Too many policy claims drive up premiums – If you file claims often, you can look forward to either higher rates or even cancellation. Insurance companies generally give better rates to drivers who do not file claims often. Your insurance policy is meant to be used in the event of larger claims.
  • Buy as much liability insurance as you can afford – The liability coverage on your policy will protect you if a jury decides you are liable for causing damage or personal injury in an accident. Your policy’s liability insurance provides legal defense coverage which can cost a lot. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so drivers should make sure they buy enough to cover all assets.
  • Do men or women drive better? – Statistics have proven women tend to be less risk to insure than men. It does not mean men are WORSE drivers than women. Both sexes are in accidents in similar numbers, but men have accidents that have higher claims. Not only are claims higher, but men get more serious tickets such as DWI and reckless driving.

Car Insurance Discounts

Insuring your vehicles can cost a lot, but you might be missing out on some discounts that many consumers don’t even know exist. Some of these disounts will be visible when you purchase, but lesser-known reductions have to be inquired about prior to getting the savings.

  • Drivers Ed for Students – Teen drivers should participate in a local driver’s education class as it can save substantially.
  • Savings for New Vehicles – Insuring a vehicle that is new can get you a discount since new model year vehicles are generally safer.
  • Discounts for Government Workers – Simply working for the federal government could provide a small rate reduction for SSR insurance with a few car insurance companies.
  • Full Payment Discount – If you can afford to pay the entire bill instead of monthly or quarterly installments you can actually save on your bill.
  • Senior Citizens – Mature drivers may be able to get a discount up to 10% for SSR insurance.
  • Passenger Safety Discount – Vehicles equipped with air bags may earn rate discounts of more than 20%.
  • Low Miles Discount – Low annual miles could qualify for lower car insurancerates due to less chance of an accident.

One thing to note about discounts is that most discount credits are not given to the overall cost of the policy. A few only apply to individual premiums such as collision or personal injury protection. So even though you would think adding up those discounts means a free policy, you won’t be that lucky.

Larger car insurance companies and some of the discounts can be found below.

  • Travelers may include discounts for multi-policy, good student, save driver, IntelliDrive, and home ownership.
  • 21st Century discounts include 55 and older, teen driver, homeowners, defensive driver, and anti-lock brakes.
  • State Farm offers discounts for accident-free, passive restraint, safe vehicle, Drive Safe & Save, good student, multiple autos, and anti-theft.
  • GEICO may have discounts that include military active duty, multi-policy, emergency military deployment, defensive driver, daytime running lights, multi-vehicle, and air bags.
  • SAFECO has savings for drive less, bundle discounts, safe driver, accident prevention training, anti-theft, anti-lock brakes, and homeowner.
  • AAA includes discounts for pay-in-full, multi-car, multi-policy, anti-theft, good student, good driver, and education and occupation.

Before buying, ask every insurance company to give you their best rates. Discounts may not apply in your area. To choose companies that provide some of the discounts listed above, click here to view.

Tailor your car insurance coverage to you

When choosing coverage, there is no “perfect” insurance plan. Everyone’s situation is unique so your insurance should reflect that For instance, these questions can aid in determining whether your personal situation might need an agent’s assistance.

  • Does my medical payments coverage pay my health insurance deductible?
  • Do I benefit by insuring my home with the same company?
  • Does coverage extend to Mexico or Canada?
  • Am I covered if I hit a deer?
  • Should I bundle my homeowners policy with my auto?
  • What is the minimum liability in my state?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Detailed coverages of your auto insurance policy

Learning about specific coverages of auto insurance helps when choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be impossible to understand and coverage can change by endorsement. These are typical coverages available from auto insurance companies.

Comprehensive protection

This covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like hail damage, hitting a bird, damage from a tornado or hurricane, vandalism and fire damage. The highest amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured or underinsured coverage

This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as damage to your Chevy SSR.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these coverages are similar to your liability insurance amounts.

Liability

This coverage protects you from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Another option is a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things such as structural damage, medical expenses, bail bonds, emergency aid and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Medical expense coverage

Med pay and PIP coverage provide coverage for short-term medical expenses for funeral costs, EMT expenses and pain medications. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible

Collision insurance

Collision coverage covers damage to your SSR resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as rolling your car, crashing into a ditch, crashing into a building and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Be a money saver!

Cost effective 2006 Chevy SSR insurance can be purchased online and from local insurance agents, so you need to shop insurance coverage with both to have the best selection. Some companies may not have rate quotes online and usually these regional insurance providers only sell through local independent agents.

As you prepare to switch companies, it’s very important that you do not reduce coverage to reduce premium. Too many times, an insured cut physical damage coverage to discover at claim time that it was a big mistake. Your aim should be to buy a smart amount of coverage at the best price while still protecting your assets.

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