View 2016 Chevrolet Sonic Insurance Cost

If you’ve never shopped for insurance quotes online, most likely you are confused thanks to the incredible selection of insurance providers who claim to have the best insurance coverage rates.

How to buy insurance coverage online

There are several ways to shop for insurance coverage, and some are more efficient than others. You could spend your day talking about coverages with local insurance agents in your area, or you could save time and use the web to achieve your goal.

Many of the larger companies belong to a marketplace where prospective buyers submit their information once, and each participating company returns a rated price based on that information. This saves time by eliminating quote requests to every company.

To find out what other companies charge click here (opens in new window).

The one disadvantage to using this type of system is you cannot specify which carriers you want to price. So if you prefer to choose from a list of companies to compare, we have a listing of insurance coverage companies in your area. View list of insurance companies.

The method you choose is up to you, but compare equivalent coverage data for every company. If you have different liability limits it will be very difficult to determine which company has the best rates. Just slight variations in coverage limits could throw off the whole comparison. Keep in mind that comparing more rates from different companies provides better odds of finding the best offered rates. Not every company does online price quotes, so it’s important to also get rates on coverage from those companies, too.

Insurance coverage savings promises

State Farm, Allstate and Geico consistently run television, radio, and online ads. They all seem to make the point that people will save if you switch your policy. It sounds good, but how can they all make the same claim? Just pay attention to how they say it.

All companies quote their cheapest rates for the type of customer they prefer to insure. One example of a driver they prefer may be between the ages of 40 and 55, insures multiple vehicles, and has excellent credit. Anyone who meets those qualifications will most likely get cheap car insurance rates and will most likely pay quite a bit less when switching companies.

Insureds who are not a match for these standards may receive more expensive rates which translates to the customer buying from someone else. If you pay close attention to the ads, they say “people who switch” not “everybody who quotes” save money. This is how insurance companies can confidently lure you into getting a quote. Because of this risk profiling, it’s extremely important to do a price quote comparison at every renewal. It’s not possible to predict which company will have the lowest prices for your situation.

Do you qualify for discount insurance coverage?

Insurance coverage can be pricey, but you may be missing some discounts that may help make it more affordable. Some of these disounts will be visible when you complete an application, but once in a while a discount must be requested specifically before being credited.

  • Smart Student Discounts – Getting good grades can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
  • Payment Method – If you can afford to pay the entire bill instead of monthly or quarterly installments you may have a lower total premium amount.
  • Telematics Discount – Insureds that choose to allow companies to study when and where they use their vehicle through the use of a telematics system such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they are good drivers.
  • Service Members Pay Less – Being deployed in the military could trigger a small discount.
  • Theft Deterent – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen so companies will give you a small discount.

One thing to note about discounts is that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to individual premiums such as comp or med pay. So despite the fact that it appears it’s possible to get free car insurance, you aren’t that lucky. Any qualifying discounts should definitely cut your policy premiums.

A few of the larger companies and their offered discounts are:

  • Geico includes discounts for anti-lock brakes, federal employee, five-year accident-free, emergency military deployment, and daytime running lights.
  • Auto-Owners Insurance offers premium reductions for anti-theft, good student, air bags, safe driver, company car, and safe vehicle.
  • American Family has savings for Steer into Savings, accident-free, multi-vehicle, air bags, bundled insurance, good driver, and early bird.
  • Esurance may offer discounts for multi-policy, paid-in-full, homeowner, multi-car, safety device, online shopper, and renters.
  • Progressive discounts include multi-vehicle, online signing, online quote discount, continuous coverage, and good student.
  • State Farm offers discounts including good driver, student away at school, passive restraint, multiple autos, and multiple policy.
  • AAA policyholders can earn discounts including good student, anti-theft, multi-car, education and occupation, multi-policy, pay-in-full, and AAA membership discount.

When quoting, ask each company to give you their best rates. Some credits might not be offered in your area.

What insurance coverages do I need?

When it comes to choosing the right insurance coverage, there isn’t really a best way to insure your cars. Every situation is different.

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

  • Is pleasure use cheaper than using my 2016 Chevy Sonic to commute?
  • What is the minimum liability in my state?
  • Will I lose any money if I cancel my policy before it expires?
  • Do I need roadside assistance coverage?
  • Am I covered if I wreck a rental car?
  • Am I covered if I drive in a foreign country?
  • Am I covered when driving someone else’s vehicle?
  • Do I have coverage for damage caused while driving under the influence?
  • Does insurance cover tools stolen from my truck?
  • Is my babysitter covered when using my vehicle?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form.

Insurance coverages and their meanings

Understanding the coverages of your insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Coverage for liability

Liability insurance can cover injuries or damage you cause to other people or property by causing an accident. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims such as attorney fees, loss of income and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants 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 Sonic.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Auto collision coverage

Collision insurance will pay to fix damage to your Sonic resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like colliding with a tree, driving through your garage door, sustaining damage from a pot hole and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like damage from a tornado or hurricane, vandalism, a broken windshield, damage from getting keyed and hitting a deer. The maximum amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for bills for things like funeral costs, rehabilitation expenses, doctor visits and prosthetic devices. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Power to the consumer

Throughout this article, we presented a lot of information how to get a better price on 2016 Chevy Sonic insurance. The most important thing to understand is the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the lowest premium rates come from a smaller regional carrier.

Consumers change insurance companies for any number of reasons including high rates after DUI convictions, being labeled a high risk driver, questionable increases in premium or even policy non-renewal. Regardless of your reason for switching companies, choosing a new insurance company is pretty easy and you might even save some money in the process.

When you buy insurance online, it’s very important that you do not reduce coverage to reduce premium. In many instances, an accident victim reduced liability limits or collision coverage only to find out that they should have had better coverage. Your focus should be to get the best coverage possible at the best price and still be able to protect your assets.

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