View 2000 Chevrolet Corvette Insurance Quotes

Are you intimidated by the crazy number of insurance coverage options? You have a lot of company. You have so many companies to choose from that it can quickly become a challenge to find the lowest price.

Consumers need to take a look at other company’s rates yearly because prices change frequently. Even if you think you had the lowest rates for Corvette insurance a year ago you can probably find a lower rate today. There is a lot of bad advice regarding insurance coverage on the internet, so we’re going to give you the best ways to put money back in your pocket.

Finding affordable coverage is easy if you know what you’re doing. If you currently have a car insurance policy, you will be able to save some money using this strategy. Although vehicle owners do need to learn how the larger insurance companies sell online and use this information to your advantage.

These discounts can lower your rates

Companies offering auto insurance do not advertise every available discount very well, so here is a list both well-publicized and the harder-to-find ways to save on insurance.

  • Drive Safe and Save – Safe drivers can get discounts for up to 45% lower rates for Corvette insurance than drivers with accident claims.
  • Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education in high school.
  • Multi-car Discount – Having more than one vehicle on one policy may reduce the rate for each vehicle.
  • Payment Method – If you pay your bill all at once rather than paying monthly you may reduce your total bill.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use their safety belts can save up to 15% on the medical payments or PIP coverage costs.
  • New Car Discount – Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.

A little note about advertised discounts, most discounts do not apply the the whole policy. Most only apply to individual premiums such as comp or med pay. So when the math indicates you can get free auto insurance, you’re out of luck.

Insurance companies that possibly offer these money-saving discounts include:

Check with all companies you are considering which discounts you may be entitled to. Savings might not be offered in your state.

Different people need different coverages

When choosing the right insurance coverage, there really is no perfect coverage plan. Everyone’s needs are different.

Here are some questions about coverages that may help you determine if your situation would benefit from professional advice.

  • Will filing a claim cost me more?
  • Does car insurance cover theft of personal property?
  • Is my teenager covered with friends in the car?
  • What if I owe more than I can insure my car for?
  • Do I need motorclub coverage?
  • Does having multiple vehicles earn me a discount?
  • Should I buy more coverage than the required minimum liability coverage?
  • If my pet gets injured in an accident are they covered?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form.

Educate yourself about auto insurance coverages

Knowing the specifics of auto insurance helps when choosing the best coverages for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Insurance for medical payments

Med pay and PIP coverage provide coverage for immediate expenses such as EMT expenses, X-ray expenses, rehabilitation expenses and nursing services. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available and gives slightly broader coverage than med pay

Auto liability insurance

This coverage protects you from damage that occurs to a person or their property that is your fault. It protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

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 values of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability can pay for things like legal defense fees, emergency aid and attorney fees. How much liability coverage do you need? That is a personal decision, but consider buying as large an amount as possible.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hitting a deer, a tree branch falling on your vehicle, damage from flooding, damage from a tornado or hurricane and theft. The maximum payout a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Chevy Corvette.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Collision coverage

This coverage pays for damage to your Corvette from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as crashing into a ditch, crashing into a building, scraping a guard rail, sideswiping another vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.

Shop. Compare. Save.

Affordable 2000 Chevy Corvette insurance can be found online in addition to many insurance agents, and you need to price shop both so you have a total pricing picture. There are still a few companies who do not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.

Drivers leave their current company for many reasons like not issuing a premium refund, policy cancellation, poor customer service or even unfair underwriting practices. It doesn’t matter what your reason, choosing a new insurance company can be less work than you think.

When shopping online for insurance coverage, it’s very important that you do not reduce coverage to reduce premium. There have been many cases where an accident victim reduced collision coverage only to discover later that it was a big error on their part. The ultimate goal is to find the BEST coverage at a price you can afford, not the least amount of coverage.

More tips and info about insurance coverage can be found by following these links: