Are you sick and tired of paying out the nose to pay your car insurance bill each month? You are no different than many other drivers. Big-name insurance companies like GEICO, 21st Century and Progressive all claim big savings, bombarding you with ads and consumers find it hard to not get sucked in by the cute commercials and effectively compare rates to find the best deal.
Car Insurance Comparisons
Most companies like State Farm and Allstate give prices for coverage directly from their websites. Obtaining pricing doesn’t take much effort as you just enter your personal and coverage information as requested by the quote form. Behind the scenes, their system collects information on your driving record and credit history and quotes a price based on many factors. This makes comparing rates easy, but having to visit each company’s website and repetitively type in the same information can be a bit tiresome and repetitive. Unfortunately, it is important to compare as many rates as possible if you want to find a lower rate.
Quote rates the easy way
The smarter way to find lower prices uses one simple form that gets price quotes 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 the form, it is rated and you can choose any of the quotes that you receive. If you find a better price you can click and sign and purchase coverage. It takes just a few minutes to complete and you will know how your current rates stack up.
To quickly use this form to compare rates, click here to open in a new tab and complete the simple form. If you have a policy now, it’s recommended you replicate the coverages as shown on your current policy. This guarantees you will get a price comparison based on similar coverages.
Are you getting all your discounts?
Companies that sell car insurance don’t always list all their discounts in a way that’s easy to find, so the following is a list of both the well known and also the lesser-known savings tricks you should be using. If you aren’t receiving every discount you deserve, you are paying more than you should be.
- New Car Discount – Insuring a new car is cheaper since new cars are generally safer.
- Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.
- Service Members Pay Less – Being on active duty in the military may qualify for rate reductions.
- Driver Safety – Taking a driver safety course can save you 5% or more if your company offers it.
- Student Driver Training – Have your child take driver’s ed class in high school.
- Multi-car Discount – Insuring more than one vehicle on the same car insurance policy qualifies for this discount.
- Discounts for Safe Drivers – Drivers who don’t get into accidents may save up to 50% more for Camaro insurance than less cautious drivers.
- Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more on the medical payments or PIP coverage costs.
Consumers should know that most discount credits are not given to the overall cost of the policy. Most only reduce specific coverage prices like liability, collision or medical payments. So when the math indicates having all the discounts means you get insurance for free, it just doesn’t work that way.
For a list of insurance companies offering car insurance discounts, follow this link.
But don’t I need an insurance agent?
A small number of people prefer to get advice from a local agent and that is a personal choice. Good agents can answer important questions and help you file claims. The biggest benefit of comparing rates online is you may find the lowest rates but also keep your business local.
Once you complete this form (opens in new window), your insurance data is instantly submitted to agents in your area who will give you bids for your insurance coverage. You never need to leave your computer due to the fact that quote results will go to the email address you provide. How cool is that?!
Choosing an insurance company should depend on more than just the bottom line cost. Agents should be asked these questions:
- What is the agency’s Better Business Bureau rating?
- Do they have any clout with companies to ensure a fair claim settlement?
- How are they compensated?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Is assistance available after office hours?
- Which company do they place the most coverage with?
- Is working in the agency their full-time job?
- How long has their agency been in business?
If you want to contact a specific insurance agent in your state, visit this site.
Once you have received answers to your satisfaction to your questions in addition to an acceptable price estimate, you’ve probably found an insurance company that will provide car insurance coverage.
Factors that might impact rates for a Chevy Camaro
An important part of buying insurance is that you know the factors that play a part in calculating your car insurance rates. Understanding what determines base rates empowers consumers to make smart changes that will entitle you to lower car insurance prices.
- Don’t buy coverages you don’t need – There are many extra coverages that can waste your money on your Camaro policy. Things like rental car reimbursement, accident forgiveness and additional equipment coverage may be wasting your money. They may seem good initially, but now you might not need them so remove them from your policy.
- Older drivers pay less – Youthful drivers are statistically proven to be less responsible when driving so they pay higher car insurance rates. Having to add a teenage driver to your car insurance policy can be quite pricey. More mature drivers tend to be more responsible, file fewer claims and receive fewer citations.
- Do men or women drive better? – Statistics have proven women are more cautious behind the wheel. Now that doesn’t mean men are worse drivers. Women and men tend to get into accidents at about the same rate, but the male of the species tend to have more serious accidents. Men also tend to have more aggressive citations such as DWI and reckless driving.
- Protect yourself with liability coverage – Your policy’s liability coverage is the coverage that protects you in the event that a court rules you are at fault for personal injury or accident damage. It provides for a legal defense starting from day one. Liability is cheap as compared to coverage for physical damage, so buy as much as you can afford.
- More performance means more cost – The make and model of the car you drive makes a big difference in your rates. The lowest base rates are generally reserved for small economy passenger cars, but other factors influence the final cost greatly. Due to the fact that the Chevrolet Camaro is a sports car, insuring your vehicle will cost much more as compared to the average rate.
- The more you drive the more you pay – The higher the mileage driven each year the higher your rate. Almost all companies apply a rate based on how the vehicle is used. Cars not used for work or commuting qualify for better rates than those used for commuting. Ask your agent if your car insurance declarations sheet is rated on the correct usage for each vehicle. If your policy improperly rates your Camaro can cost quite a bit.
- Occupation reflects on rates – Did you know your job can affect your rates? Occupations like doctors, architects and dentists tend to pay the highest average rates due to stressful work requirements and long work days. Other jobs such as farmers, historians and performers have the lowest average rates for Camaro insurance.
- Frequent car insurance claims increase rates – If you are a frequent claim filer, you can pretty much guarantee higher rates. Car insurance companies award lower rates to policyholders who do not rely on their insurance for small claims. Insurance coverage is intended for the large, substantial claims.
Save $447 a year? Really?
Consumers can’t ignore all the ads for cheaper car insurance from companies such as State Farm and Allstate. All the ads say the same thing of big savings after switching your policy.
How do they all make almost identical claims? This is how they do it.
Insurance companies are able to cherry pick for the type of customer that earns them a profit. A good example of a desirable insured could be over the age of 50, has no prior claims, and drives newer vehicles. Any driver who matches those parameters will qualify for the lowest rates and as a result will probably save quite a bit of money when switching.
Drivers who don’t meet the “perfect” profile will be quoted higher rates and this can result in business going elsewhere. The ads state “customers who switch” not “everyone that quotes” save that much money. That’s the way insurance companies can confidently state the savings. This emphasizes why you should compare as many rates as you can. It is impossible to predict which car insurance company will have the lowest rates.
Quote often and quote early
When buying insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. There are too many instances where an insured dropped uninsured motorist or liability limits only to find out they didn’t purchase enough coverage. Your focus should be to buy the best coverage you can find at the best price while not skimping on critical coverages.
Cost effective Chevy Camaro insurance is attainable from both online companies as well as from independent agents in your state, so you should compare both to have the best selection. Some companies don’t offer the ability to get a quote online and most of the time these small, regional companies sell through independent agents.
We just presented a lot of techniques to save on Chevy Camaro insurance. The most important thing to understand is the more you quote, the better chance you’ll have of finding lower rates. You may even find the most savings is with a small local company. Regional companies may often insure only within specific states and give getter rates than their larger competitors like Progressive and GEICO.