Cheaper 2016 Chevrolet Volt Insurance Rates in 2024

Searching for better auto insurance rates for your Chevrolet Volt? Locating cheaper auto insurance over the internet can be overwhelming for beginners to online price comparisons. Since there are so many companies, how are we expected to have time to compare the different rates to find the best pricing?

It’s smart to get comparison quotes once or twice a year since prices go up and down regularly. Even if you think you had the lowest rates on Volt insurance on your last policy you may be paying too much now. Forget anything you know (or think you know) about auto insurance because you’re about to learn the right way to save money, get proper deductibles and limits, all at the lowest rate.

Ways to get car insurance quotes

When comparison shopping, there are several ways to compare prices from companies that offer car insurance in your state. The fastest way to find affordable 2016 Chevy Volt insurance rates consists of obtaining rate quotes online. This is very easy and can be done in just a few minutes using one of these methods.

1. Without a doubt, the easiest way to compare a lot of rates at once would be an industry-wide quote request form. This quick form saves time by eliminating separate forms to each individual car insurance company. Just one form gets coverage cost estimates from car insurance companies with the best prices. It’s definitely the quickest method.
2. Another way to find better pricing requires you to visit each company website and go through the quote process again. For instance, let’s assume you want to see prices from Progressive, Farmers and Liberty Mutual. In order to get each rate, you would have to spend time going to each site individually and punch in your information repeatedly, which can take a lot of time.

It’s your choice how you get your quotes, but ensure you’re using the same coverage limits on every price quote you get. If you have different data you will not be able to truly determine the lowest rate. Having just a slight variation in coverage limits could throw off the whole comparison. Keep in mind that comparing a large number of companies increases your odds of finding the best offered rates. Some companies don’t provide quotes online, so it’s important to also get price quotes from them as well.

Get affordable car insurance rates with discounts

Car insurance is not inexpensive, but you might be missing out on some discounts that many consumers don’t even know exist. Many of these discounts will be applied automatically when you get a quote, but occasionally some discounts must be asked for prior to getting the savings. If you aren’t receiving every discount available, you may be paying too high a price.

• Low Mileage Discounts – Keeping the miles down on your Chevy could earn substantially lower prices.
• Drivers Education – Teen drivers should enroll in driver’s education as it can save substantially.
• Accident Forgiveness – This isn’t a discount exactly, but some insurance companies permit an accident without the usual rate increase so long as you haven’t had any claims for a set time period.
• Switch and Save Discount – Select companies give a discount for switching to them early. This discount can save up to 10%.
• Safety Restraint Discount – Using a seat belt and requiring all passengers to buckle up can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
• New Vehicle Savings – Buying a new car instead of a used car can get you a discount due to better safety requirements for new model year vehicles.
• Theft Prevention System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems prevent vehicle theft and that can save you a little bit as well.
• Telematics Data – Insureds that choose to allow data collection to spy on their driving habits by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate could possibly reduce rates if they have good driving habits.
• Mature Driver Discount – Older drivers can get a small decrease in premiums on Volt insurance.

Don’t be shocked that most discount credits are not given to the entire policy premium. A few only apply to the cost of specific coverages such as collision or personal injury protection. Even though it appears it’s possible to get free car insurance, it just doesn’t work that way.

Companies and the discounts they provide are outlined below.

• Mercury Insurance has discounts for good driver, location of vehicle, type of vehicle, multi-car, anti-theft, and annual mileage.
• Farmers Insurance discounts include good student, teen driver, electronic funds transfer, pay in full, distant student, bundle discounts, and switch companies.
• Farm Bureau includes discounts for multi-vehicle, youthful driver, renewal discount, safe driver, multi-policy, driver training, and 55 and retired.
• State Farm offers premium reductions for defensive driving training, anti-theft, Drive Safe & Save, good driver, passive restraint, good student, and multiple autos.
• Allstate has savings for senior citizen, premier discount, 55 and retired, good student, anti-theft, and premier plus.
• GEICO may offer discounts for military active duty, five-year accident-free, seat belt use, membership and employees, anti-theft, and air bags.

Before buying, ask all the companies how many discounts you can get. Some of the discounts discussed earlier may not be offered everywhere. To see car insurance companies that can offer you the previously mentioned discounts, enter your zip code here.

Tailor your insurance coverage coverage to you

When it comes to choosing the right insurance coverage, there really is not a perfect coverage plan. Every situation is different.

Here are some questions about coverages that could help you determine if your situation could use an agent’s help.

• What is covered by UM/UIM coverage?
• Can I rent a car in Mexico?
• What is the rate difference between pleasure use and commuting?
• Where can I get insurance after a DUI in my state?
• Do I have coverage when making deliveries for my home business?
• What should my uninsured motorist coverage limits be in my state?
• Do I need an umbrella policy?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out your zip code.

Car insurance coverages 101

Knowing the specifics of your policy can be of help when determining which coverages you need and the correct deductibles and limits. Car insurance terms can be impossible to understand and coverage can change by endorsement.

Auto collision coverage

Collision insurance pays for damage to your Volt caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision can pay for things like crashing into a building, damaging your car on a curb, crashing into a ditch, scraping a guard rail and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses like funeral costs, surgery, pain medications and chiropractic care. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and damage to your Chevy Volt.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Frequently these coverages are identical to your policy’s liability coverage.

Auto liability

This coverage can cover damage that occurs to other’s property or people by causing an accident. It protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things such as attorney fees, court costs and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but buy as large an amount as possible.

Comprehensive coverage

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as vandalism, a tree branch falling on your vehicle, hail damage, rock chips in glass and falling objects. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.