Searching for cheaper insurance rates for your Chevrolet Bolt EV? Locating cheaper insurance for a Chevy Bolt EV can turn out to be a lot of work, but you can use these tips to find lower rates.
There is a better way to compare insurance rates so you’re going to learn the best way to quote coverages for a Chevy and get the best price possible from local insurance agents and online providers.
Getting a cheaper price on 2017 Chevy Bolt EV insurance is actually quite simple. The only requirement is to invest a little time comparing price quotes provided by online insurance companies. This is very easy and can be done in several different ways.
Whichever method you choose, make sure you use exactly the same coverages and limits with every price quote. If you compare mixed coverages it will be impossible to truly determine the lowest rate.
Auto insurance companies don’t always list all their discounts in an easy-to-find place, so the list below gives a summary of a few of the more common and the harder-to-find credits that you can use to lower your rates. If you do not check that you are getting every discount possible, you may be paying too high a price.
As a sidenote, most discount credits are not given to the overall cost of the policy. A few only apply to the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like adding up those discounts means a free policy, you won’t be that lucky.
Companies and some of their more popular discounts include:
If you need lower rates, check with every insurance company to apply every possible discount. Some credits might not be available to policyholders everywhere. To find providers with significant discounts, click here to view.
When buying coverage, there really is not a “best” method to buy coverage. Every situation is different.
For instance, these questions may help you determine whether or not you could use an agent’s help.
If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and can provide invaluable advice.
Understanding the coverages of your policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.
Collision insurance
Collision coverage pays for damage to your Bolt EV resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for things like crashing into a building, hitting a parking meter, damaging your car on a curb and rolling your car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.
Coverage for uninsured or underinsured drivers
Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your 2017 Chevy Bolt EV.
Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Usually these limits are set the same as your liablity limits.
Coverage for medical expenses
Medical payments and Personal Injury Protection insurance pay for immediate expenses for hospital visits, X-ray expenses and nursing services. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
Comprehensive auto insurance
Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things like damage from flooding, fire damage, a broken windshield and theft. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Liability coverage
Liability insurance protects you from damage that occurs to people or other property 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. You commonly see liability limits of 100/300/100 that translate to $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. Occasionally you may see a combined limit which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage protects against claims like emergency aid, loss of income, funeral expenses and medical expenses. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible.
Discount 2017 Chevy Bolt EV insurance is possible on the web and also from your neighborhood agents, and you should compare rates from both to get a complete price analysis. Some companies do not provide online price quotes and usually these regional insurance providers provide coverage only through local independent agencies.
We just showed you a lot of ways to get a better price on 2017 Chevy Bolt EV insurance. The most important thing to understand is the more providers you compare, the better likelihood of getting cheaper car insurance. You may even find the most savings is with a smaller regional carrier.
Consumers change insurance companies for a variety of reasons including unfair underwriting practices, extreme rates for teen drivers, an unsatisfactory settlement offer or high prices. Regardless of your reason for switching companies, finding a new auto insurance company is pretty simple and you could end up saving a buck or two.
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