Cheaper 2016 Chevrolet Trax Car Insurance Cost

Feeling guilty for buying high-priced insurance coverage? Say no more because you are not the only one feeling buyer’s remorse. There are many car insurance companies to purchase coverage from, and though it is a good thing to have a choice, more choices can make it harder to adequately compare rates.

Pricing affordable protection is not that difficult. If you have insurance now or are shopping for new coverage, you can use this information to find the best rates and possibly find even better coverage. Drivers just need to know the best way to get comparison quotes online.

Do you qualify for discount insurance coverage?

Insurance coverage is easily one of your largest bills, but there are discounts available to help offset the cost. Many discounts should be triggered at quote time, but lesser-known reductions have to be manually applied prior to getting the savings. If you don’t get every credit you deserve, you are paying more than you should be.

  • Low Mileage Discounts – Low annual miles may enable drivers to earn lower premium rates on the low mileage vehicles.
  • Discount for New Cars – Adding a new car to your policy can be considerably cheaper since newer vehicles have better safety ratings.
  • Claim-Free Discount – Drivers who stay claim-free get the best insurance coverage rates as opposed to drivers with a long claim history.
  • Safety Restraint Discount – Drivers who require all occupants to fasten their seat belts can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
  • Home Ownership Discount – Being a homeowner may earn you a small savings because owning a home demonstrates responsibility.
  • Distant Student – Older children living away from home attending college and don’t have a car can be insured at a reduced rate.
  • Discount for Multiple Policies – When you combine your auto and home insurance and place coverage with the same company you could save at least 10% off all policies.
  • Professional Memberships – Belonging to specific professional or occupational memberships or organizations could qualify you for a break on your next renewal.

While discounts sound great, it’s important to understand that most discount credits are not given to all coverage premiums. Most only cut the price of certain insurance coverages like medical payments or collision. Despite the fact that it seems like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

Some companies that may have these benefits are:

When comparing rates, check with every insurance company which discounts you may be entitled to. Some credits might not apply in your area.

Six things that affect your insurance costs

Smart consumers have a good feel for the rating factors that aid in calculating your policy premiums. If you have a feel for what influences your rates, this empowers consumers to make smart changes that will entitle you to big savings.

  • Premiums are affected by your credit rating – A driver’s credit score will be a significant factor in determining what you pay. Drivers who have very high credit ratings tend to be less risk to insure as compared to drivers with worse credit. If your credit history could use some work, you could save money insuring your 2016 Chevrolet Trax by spending a little time repairing your credit.
  • Occupation can influence prices – Do you work in a high-stress field? Occupations like doctorsairline pilots and miners tend to have higher rates than the rest of us attributed to intense work requirements and lots of time spent at work. Other occupations like professors, students and performers generally pay rates lower than average on Trax coverage.
  • Safety first – Vehicles with good safety scores can get you lower premiums. Safer cars reduce the chance of injuries and better occupant protection means less claims paid which can result in lower premiums.
  • Marriage discount – Being married may earn you lower rates compared to being single. Having a significant other translates into being less irresponsible it has been statistically shown that drivers who are married file infrequent claims.
  • Insure your auto and home with one company – The majority of insurers afford better rates to clients who carry more than one policy. It’s known as a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. Even with this discount applied, it’s always a smart idea to get quotes from other companies to confirm you are receiving the best rates possible.There is a chance you can save even more than the discount by buying insurance coverage from a different company.
  • Gender and insurance premiums – Statistics show women are more cautious behind the wheel. This data doesn’t prove that women are better drivers. Males and females cause auto accidents in similar numbers, but the male of the species tend to have more serious accidents. Men also statistically get more serious tickets like DWI (DUI) or reckless driving. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore have the most expensive insurance coverage rates.

What insurance coverages do I need?

When it comes to choosing the right insurance coverage for your vehicles, there really is not a perfect coverage plan. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions may help you determine whether you may require specific advice.

  • Does my policy cover me when driving someone else’s vehicle?
  • Am I covered by my spouse’s policy after a separation?
  • Is my custom paint covered by insurance?
  • Do I need rental car coverage?
  • Does coverage extend to a rental car in a foreign country?
  • Can my teen drive my company car?
  • Can I drive in Mexico and have coverage?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Auto insurance policy coverages for a Chevy Trax

Understanding the coverages of your policy helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on most auto insurance policies.

Collision coverage protection

This coverage pays for damage to your Trax caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as sustaining damage from a pot hole, rolling your car, damaging your car on a curb and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance pays for 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 pays for things such as theft, falling objects and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for immediate expenses such as nursing services, dental work and X-ray expenses. They are utilized in addition to your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your 2016 Chevy Trax.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Normally these coverages are set the same as your liablity limits.

Liability coverage

Liability insurance will cover damages or injuries you inflict on a person or their property that is your fault. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers claims like medical services, emergency aid, loss of income and pain and suffering. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

Be a penny pincher

Lower-priced insurance can be sourced online in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who don’t offer the ability to get quotes online and these regional insurance providers work with independent agencies.

When getting insurance quotes online, it’s a bad idea to buy less coverage just to save a little money. There are many occasions where consumers will sacrifice uninsured motorist or liability limits and discovered at claim time they didn’t have enough coverage. Your strategy should be to purchase a proper amount of coverage at the lowest possible cost and still be able to protect your assets.

More detailed insurance information can be read in the articles below: