Lower Your 2005 Chevrolet Cavalier Insurance Cost

Expensive auto insurance can empty your bank account, especially in this economy. Comparison shopping is free, only takes a few minutes, and is a good way to tighten up your finances.

Having so many companies and agents to choose from, it’s difficult to choose the right car insurance company.

It is always a good idea to compare rates quite often due to the fact that insurance rates fluctuate regularly. Despite the fact that you may have had the best rates for Cavalier insurance a few years ago you may be paying too much now. There is too much inaccurate information about auto insurance online but with this article, you’re going to get some proven techniques to slash your auto insurance rates.

These discounts can lower your rates

The price of auto insurance can be rather high, but discounts can save money and there are some available to cut the cost considerably. Some discounts apply automatically at the time of quoting, but some may not be applied and must be specifically requested prior to getting the savings.

  • Paperless Signup – A few companies give back up to $50 simply for signing over the internet.
  • No Charge for an Accident – Some insurance companies allow you one accident without raising rates so long as you haven’t had any claims for a particular time prior to the accident.
  • Discount for Swiching Early – Some companies give discounts for switching policies prior to your current policy expiration. The savings is around 10%.
  • New Vehicle Savings – Insuring a new car can cost up to 25% less since new cars are generally safer.
  • Homeowners Savings – Owning a home can help you save on car insurance because maintaining a house shows financial diligence.
  • Good Student – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
  • Pay Upfront and Save – By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
  • College Student – Youth drivers who attend school more than 100 miles from home without a vehicle on campus can receive lower rates.
  • Government Employees – Simply working for the federal government can earn a discount up to 10% for Cavalier insurance with certain companies.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.

It’s important to note that most discounts do not apply to the entire cost. Some only apply to the cost of specific coverages such as liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, you won’t be that lucky. Any amount of discount will help reduce the cost of coverage.

For a list of providers offering car insurance discounts, click this link.

Quick Car Insurance Quotes

All the larger car insurance companies provide prices directly from their websites. Obtaining pricing is pretty easy as you just type in your coverage preferences as detailed in the form. Behind the scenes, the company’s rating system gets your driving record and credit report and returns a price determined by many factors. This helps simplify price comparisons, but the process of having to visit multiple sites and fill out multiple forms is repetitive and time-consuming. But it’s absolutely necessary to compare as many rates as possible if you want to find a better rate.

A less time-consuming method to compare rates is to use a quote form to return rates from several different companies. The form is fast, helps eliminate reptitive entry, and makes rate comparisons much easier. After sending your information, it gets priced with multiple companies and you can pick any or none of the pricing results.

If you find a better price you can simply submit the application and purchase the new policy. This process only takes a few minutes and may result in a nice savings.

To use this form to compare rates, click here to open in a new tab and enter your vehicle and coverage information. To compare your current rates, we recommend you replicate the limits and deductibles as close as possible to your current policy. Using the same limits helps guarantee you will get a rate comparison using the exact same coverages.

Factors that can influence Chevy Cavalier insurance rates

Consumers need to have an understanding of the different types of things that go into determining the price you pay for insurance coverage. Having a good understanding of what controls the rates you pay enables informed choices that can help you get big savings.

Listed below are a few of the “ingredients” insurance coverage companies consider when setting your rates.

  • Lower miles equals lower premium – Driving more miles every year the higher your rate. Most companies price each vehicle’s coverage based on their usage. Autos used primarily for pleasure use get more affordable rates than vehicles that are driven to work every day. Double check that your insurance coverage coverage shows the proper vehicle usage. If your policy improperly rates your Cavalier may be wasting your money.
  • Rates may be lower depending on your job – Careers like doctors, business owners and financial analysts are shown to have higher average rates because of high stress and long work days. Conversely, professions such as scientists, engineers and retirees pay the least for Cavalier insurance.
  • Women pay lower rates – Statistics demonstrate that men are more aggressive behind the wheel. However, this does not mean women are BETTER drivers than men. Men and women tend to get into accidents in similar numbers, but the males have costlier accidents. They also get more serious tickets like reckless driving and DUI. Youthful male drivers tend to get in the most accidents and therefore are the most expensive to insure.
  • Having a spouse can save you money – Having a spouse helps lower the price on insurance coverage. Marriage translates into being more mature than a single person and it’s statistically proven that married couples file fewer claims.
  • Do you have enough liability coverage? – Liability insurance is the protection if ever a jury decides you are liable for damages caused by your negligence. Liability insurance provides you with a defense in court starting from day one. This coverage is very inexpensive compared to physical damage coverage, so drivers should carry high limits.
  • Always keep insurance in force – Driving your car without having proper coverage is illegal and your next policy will cost more because you let your coverage have a gap. And not only will your rates increase, failure to provide proof of insurance will get you a hefty fine and possibly a revoked license.
  • Higher safety ratings means cheaper insurance – Vehicles with good safety scores tend to have better insurance rates. The safest vehicles result in less severe injuries and lower injury rates means lower claim amounts and more competitive rates for policyholders. If your Chevy Cavalier scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.

Different people need different coverages

When it comes to choosing the right insurance coverage for your vehicles, there really is no “perfect” insurance plan. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions might point out if your insurance needs would benefit from professional advice.

  • Does medical payments coverage apply to all occupants?
  • Do I need more liability coverage?
  • At what point should I drop full coverage?
  • Am I covered when driving on a suspended license?
  • Who is covered by my policy?
  • Is my ex-spouse still covered by my policy?
  • When should I drop full coverage on my 2005 Chevy Cavalier?
  • What is roadside assistance coverage?
  • Is a blown tire covered by insurance?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Don’t be fooled by advertising claims

Auto insurance companies such as State Farm and Allstate continually stream television and radio advertisements. They all seem to make an identical promise of big savings after switching to their company. How do they all claim to save you money? This is how they do it.

Insurance companies are able to cherry pick for the type of driver that is profitable for them. For instance, a driver they prefer might be between 30 and 50, has no prior claims, and has excellent credit. A customer that hits that “sweet spot” will get the preferred rates and most likely will save quite a bit of money when switching.

Potential customers who do not match the requirements will be charged higher prices and ends up with the driver buying from a lower-cost company. The ads say “customers that switch” not “everybody who quotes” save that much. This is how companies can make the claims of big savings.

That is why it’s extremely important to get quotes from several different companies. It’s not possible to predict which insurance companies will give you the biggest savings on Chevy Cavalier insurance.

Insurance coverages 101

Understanding the coverages of a insurance policy can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are the normal coverages found on the average insurance policy.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Normally these limits are identical to your policy’s liability coverage.

Comprehensive insurance

This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims like damage from a tornado or hurricane, a broken windshield, damage from flooding, damage from getting keyed and a tree branch falling on your vehicle. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Auto collision coverage

Collision coverage will pay to fix damage to your Cavalier from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as colliding with another moving vehicle, sustaining damage from a pot hole, hitting a parking meter and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for bills for surgery, ambulance fees, dental work, nursing services and pain medications. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

Auto liability insurance

Liability insurance protects you from damages or injuries you inflict on a person or their property by causing an accident. It protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as medical expenses, pain and suffering, repair costs for stationary objects, bail bonds and attorney fees. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

Cheaper insurance is a realistic goal

We just presented a lot of information how to save on 2005 Chevy Cavalier insurance. It’s most important to understand that the more times you quote, the higher the chance of saving money. Consumers may even find the lowest priced car insurance comes from a lesser-known regional company. Some small companies often have lower prices on specific markets than the large multi-state companies such as State Farm, Geico and Nationwide.

As you prepare to switch companies, it’s very important that you do not buy poor coverage just to save money. There are too many instances where an insured dropped collision coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy a smart amount of coverage at an affordable rate while still protecting your assets.

The cheapest insurance is definitely available both online and also from your neighborhood agents, so compare prices from both to have the best rate selection. Some car insurance companies may not provide the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.

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