2011 Chevrolet Volt Insurance Cost

Buying low-cost car insurance over the internet may at first seem to be intimidating for shopping for insurance online. With more and more online companies available, how can anyone have time to compare each option to find the lowest price?

The easiest way to get policy rate comparisons is to know the fact most insurance companies participate in online systems to give free rates quotes. The only thing you need to do is give them some information including your occupation, how much coverage you want, if the car is leased, and if you have an active license. Your information is instantly submitted to many highly-rated insurers and they return quotes with very little delay.

To compare rates for your 2011 Chevy Volt now, click here then complete the form.

But they said I’d save $401 a year!

Well-known insurance coverage companies like State Farm, Allstate and GEICO consistently run ads on television and other media. All the companies make an identical promise that drivers will save a bundle if you get a free auto insurance quote and switch your insurance coverage policy to them. How does every insurance coverage company save you money? It’s all in the numbers.

Insurance companies have strict underwriting profiles for the type of driver that will most likely be profitable. A good example of this type of driver might be described as a mature driver, has no tickets, and does not commute to work. A customer that meets those criteria will get very good prices and will most likely pay quite a bit less when switching companies.

Drivers who do not fit the “perfect” profile will be charged a higher premium which translates to the customer not buying. If you listen to the ad wording, they say “people who switch” not “everyone who quotes” can save as much as they claim. This is how companies can truthfully make the claims of big savings.

Each company has different criteria, so it’s extremely important to get price quotes at each policy renewal. Because you never know with any certainty which company will have better car insurance rates than you’re paying now.

Buy cheap car insurance with these tips

It’s important that you understand some of the things that come into play when calculating your policy premiums. If you understand what impacts premium levels, this allows you to make good choices that may reward you with better car insurance rates. Multiple criteria are used when pricing auto insurance. Some of the criteria are obvious like an MVR report, but some are less apparent like your vehicle usage or how financially stable you are.

  • Do you qualify for a multi-policy discount? – Most companies will award discounts to insureds who consolidate policies with them, otherwise known as a multi-policy discount. The discount can add up to ten or even fifteen percent. Even with this discount applied, consumers should still shop around to make sure you are getting the best deal. You may still be able to find a better deal even if you have your coverage with different companies
  • Gender matters – Over time, data shows that females take fewer risks when driving. The data does not necessarily mean that females are better drivers. Women and men are responsible for at-fault accidents at a similar rate, but the male of the species have accidents that have higher claims. Men also statistically get more serious tickets like DUI and reckless driving. Teenage male drivers are most likely to cause an accident and are penalized with high car insurance rates.
  • Better credit means lower costs – Having a bad credit rating can be a huge factor in your rate calculation. Insureds with very good credit scores tend to file fewer claims as compared to drivers with poor credit. Therefore, if your credit could use some work, you may save money insuring your 2011 Chevrolet Volt if you improve your credit rating.
  • Low stress job equals lower rates – Occupations like real estate brokers, business owners and dentists usually pay higher premiums than the average policyholder due to job stress and lengthy work days. Conversely, jobs like professors, students and the unemployed receive lower rates on Volt coverage.
  • Raise deductibles and save – Physical damage insurance, termed comprehensive and collision coverage on your policy, covers your vehicle from damage. A few examples of covered claims are running into the backend of another car, vandalism, and damage from a fallen tree branch. Comp and collision deductibles are the amount of money you are required to pay before your car insurance pays a claim. The more you pay before a claim is paid (deductible), the less money you will pay for car insurance on Volt coverage.
  • Expect high rates for teens – Mature drivers are shown to be more cautious, statistically cause fewer accidents and tend to be get fewer driving tickets.Beginning drivers are statistically shown to be inattentive and easily distracted behind the wheel therefore car insurance rates are much higher.

Find discounts on insurance coverage

Car insurance is not cheap, but there’s a good chance there are discounts that you may not even know about. Most are applied when you quote, but some may not be applied and must be specifically requested before you will receive the discount.

  • Defensive Driving Course – Taking time to complete a class that teaches defensive driver techniques could earn you a small percentage discount if your company offers it.
  • Safety Restraint Discount – Drivers who require all occupants to use their safety belts can save up to 10 percent (depending on the company) off PIP or medical payments premium.
  • Telematics Data – Drivers that enable their company to analyze their driving habits by using a telematics device such as Progressive’s Snapshot might see lower rates if they have good driving habits.
  • Discount for Multiple Policies – When you combine your homeowners and auto insurance with one company you could save at least 10 to 15 percent or more.
  • Save with a New Car – Insuring a new car is cheaper compared to insuring an older model.
  • Sign Early and Save – Some insurance companies reward drivers for buying a new policy prior to your current policy expiring. You may see this discount when you get auto insurance quotes online.
  • Air Bag Discount – Options like air bags and/or automatic seat belt systems can receive discounts of 20% or more.
  • Low Mileage – Fewer annual miles on your Chevy may enable drivers to earn lower insurance coveragerates due to less chance of an accident.
  • Theft Prevention Discount – Cars with anti-theft systems help deter theft and will qualify for a discount on a auto insurance quote.
  • Memberships – Being in a civic or occupational organization is a good way to get lower rates when shopping for insurance coverage.

Just know that most of the big mark downs will not be given to the entire policy premium. Some only reduce individual premiums such as comp or med pay. Despite the appearance that it’s possible to get free car insurance, you’re out of luck. But all discounts will definitely reduce the amount you have to pay.

For a list of providers that can offer you the previously mentioned discounts, follow this link.

Tailor your insurance coverage coverage to you

When buying the right insurance coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s needs are different.

For example, these questions might point out if your insurance needs will benefit from professional help.

  • Do I really need UM/UIM coverage?
  • Do I pay less for low miles?
  • Am I better off with higher deductibles on my 2011 Chevy Volt?
  • What is roadside assistance coverage?
  • Am I covered when driving in Canada or Mexico?
  • Is my 2011 Chevy Volt covered for flood damage?
  • Am I covered when using my vehicle for business?
  • Why am I be forced to buy a membership to get insurance from some companies?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form.

Specifics of your insurance policy

Knowing the specifics of insurance can be of help when determining the right coverages for your vehicles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Coverage for collisions

Collision coverage will pay to fix damage to your Volt resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like colliding with another moving vehicle, sideswiping another vehicle, crashing into a building, colliding with a tree and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Uninsured or underinsured coverage

This provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Chevy Volt.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages are set the same as your liablity limits.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for ambulance fees, pain medications, funeral costs and X-ray expenses. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Auto liability insurance

Liability insurance protects you from damage or injury you incur to other people or property in an accident. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability can pay for things such as repair bills for other people’s vehicles, funeral expenses, attorney fees and legal defense fees. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive protection

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like a tree branch falling on your vehicle, damage from a tornado or hurricane, hitting a bird, damage from getting keyed and fire damage. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Pennies from heaven

People leave their current company for many reasons like poor customer service, delays in responding to claim requests, lack of trust in their agent and policy cancellation. Regardless of your reason, finding a new insurance company can be easier than you think.

When you buy auto insurance online, never buy less coverage just to save a little money. There have been many situations where someone sacrificed comprehensive coverage or liability limits only to find out they didn’t purchase enough coverage. The ultimate goal is to buy the best coverage you can find at the best cost, but do not skimp to save money.

In this article, we presented many ideas to lower your 2011 Chevy Volt insurance car insurance rates. The key concept to understand is the more you quote auto insurance, the better chance you’ll have of finding affordable auto insurance. You may even find the biggest savings come from an unexpected company.

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