Cheaper 2014 Chevrolet Volt Insurance Rates

Want the cheapest car insurance rates for your Chevrolet Volt? Do you get exhausted from sacrificing to buy car insurance? You’re in the same situation as the majority of other drivers.

Numerous auto insurance companies battle for your business, and it can be difficult to compare rates and get the definite lowest cost out there.

Cheapest auto insurance rate quotes

Most companies like State Farm and Allstate allow consumers to get coverage price quotes direct online. Getting prices online is fairly simple as you simply type in your personal and coverage information as requested by the quote form. After the form is submitted, their system requests reports for credit and driving violations and generates pricing information based on these and other factors. Being able to quote online streamlines rate comparisons, but the process of having to visit multiple sites and type in the same information can get tiresome after awhile. Unfortunately, it is important to have as many quotes as possible if you are searching for a better rate.

A quicker way to compare rates is to use a quote form to get prices from several different companies. This type of form saves time, helps eliminate reptitive entry, and makes price shopping online a lot less work. After sending your information, it is rated and you are able to buy any one of the returned quotes. If the quotes result in lower rates, you simply finish the application and buy the policy. This process only takes a few minutes and could lower your rates considerably.

To get comparison pricing now, click here to open in new window and enter your vehicle and coverage information. If you have a policy now, it’s recommended you replicate the limits and deductibles exactly as they are listed on your policy. This makes sure you will be getting a fair comparison based on similar coverages.

Car insurance companies offer many discounts

Some insurance providers don’t necessarily list every disount available very clearly, so the following is a list of both the well known and the more hidden discounts that may be available.

Home Ownership Discount – Just owning your own home can get you a discount since home ownership requires a higher level of personal finance.
Bundled Policy Discount – If you insure your home and vehicles and insure them both with the same insurance company you will save over 10 percent off each policy depending on the company.
First Accident Forgiveness – This one is not really a discount per se, but a handful of insurance companies may permit one accident without raising rates if you are claim-free before the accident.
Paperwork-free – Many companies give back up to $50 for buying your policy on your computer.
Save with More Vehicles Insured – Insuring multiple cars on a single policy can get a discount on all vehicles.
Military Rewards – Being deployed with a military unit could be rewarded with lower rates.
Student Driver Training – Have your child enroll and complete driver’s education if offered at their school.
Anti-lock Brakes – Cars, trucks, and SUVs that have steering control and anti-lock brakes can avoid accidents and earn discounts up to 10%.
Distant Student Discount – Kids who are enrolled in a college that is more than 100 miles from home without a vehicle on campus may be insured at a cheaper rate.

A little disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like liability and collision coverage. So even though you would think having all the discounts means you get insurance for free, companies wouldn’t make money that way.

Car insurance companies that have most of the discounts above include:

When getting free auto insurance quotes, it’s a good idea to every insurance company to give you their best rates. Some of the earlier mentioned discounts might not apply in your area. To choose companies with discount rates, click this link.

Do I just need basic coverages?

When choosing the right insurance coverage for your personal vehicles, there really is no cookie cutter policy. Every situation is different so your insurance should reflect that For example, these questions may help highlight whether you would benefit from professional advice.

Am I covered when driving someone else’s vehicle?
Should I get collision insurance on every vehicle?
When can my company non-renew my policy?
Does my 2014 Chevy Volt need full coverage?
Am I missing any policy discounts?
Should I buy only the required minimum liability coverage?
Does insurance cover tools stolen from my truck?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Parts of your car insurance policy

Having a good grasp of car insurance helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average car insurance policy.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Chevy Volt.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Coverage for liability

Liability coverage provides protection from damage that occurs to a person or their property in an accident. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against claims like repair bills for other people’s vehicles, structural damage, loss of income and attorney fees. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Coverage for collisions

This coverage pays for damage to your Volt from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like damaging your car on a curb, hitting a parking meter and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Medical costs insurance

Med pay and PIP coverage reimburse you for immediate expenses for EMT expenses, doctor visits and ambulance fees. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hitting a bird, damage from a tornado or hurricane and vandalism. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.