2011 Chevrolet Aveo Insurance Rates

Are you a victim of an overpriced insurance coverage policy? Believe me when I say many consumers feel financially strained by their insurance coverage policy. Multiple insurers compete for your business, so it can be very hard to choose a company to get the lowest price

Discounts are available to cut your rates

Car insurance is not cheap, buy you may qualify for discounts that can drop the cost substantially. Certain discounts will be triggered automatically at quote time, but some must be manually applied prior to getting the savings. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Safety Course Discount – Completing a driver safety course could save 5% or more and easily recoup the cost of the course.
  • Air Bag Discount – Cars that have air bags or motorized seat belts can get savings of up to 25% or more.
  • Sign Online – A few companies give back up to $50 just for signing your application online.
  • Good Student Discount – A discount for being a good student can get you a discount of up to 25%. The discount lasts well after school through age 25.
  • Safe Driver Discount – Drivers who don’t get into accidents may save up to 50% more on Aveo coverage than drivers with accidents.

As a disclaimer on discounts, some of the credits will not apply to the entire policy premium. A few only apply to individual premiums such as liability and collision coverage. So when the math indicates you could get a free insurance policy, insurance companies aren’t that generous. Any qualifying discounts will reduce the cost of coverage.

For a list of providers who offer insurance discounts, click here to view.

The quickest way to compare insurance rates in your area is to understand most of the bigger providers pay for the opportunity to quote your coverage. The only thing you need to do is spend a couple of minutes providing details including if you went to college, if you have an active license, the year, make and model of vehicles, and driver ages. Those rating factors is instantly sent to many highly-rated insurers and they respond with quotes immediately.

Chevy Aveo insurance premiums are calculated by many factors

Smart consumers have a good feel for the factors that help determine auto insurance rates. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that can help you get better auto insurance rates.

  • Low deductibles can be expensive – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your Chevy. Some examples of claims that would be covered could be running into the backend of another car, collision with an animal, or theft. Physical damage deductibles are how much you are willing to pay out-of-pocket before your auto insurance pays a claim. The more the insured has to pay upfront, the less your company will charge you for insurance on Aveo coverage.
  • Your car’s features help determine rates – Owning a car with an alarm system can save you a little every year. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent your car from being stolen.
  • One company can mean more discounts – The majority of companies will award you with lower prices to customers who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, you still need to compare rates to verify if the discount is saving money. Consumers may find better rates by buying auto insurance from a different company.
  • Mature drivers pay less – Older drivers are viewed as being more responsible, tend to cause fewer accidents and get fewer tickets. Teen drivers are known to be less responsible behind the wheel and because of this, their auto insurance rates are much higher.

Everyone needs different coverages

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For example, these questions may help highlight whether or not you could use an agent’s help.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Should I bundle my homeowners policy with my auto?
  • Why does it cost so much to insure a teen driver?
  • Who is covered by my policy?
  • Is my trailer covered?
  • How do I file an SR-22 for a DUI in my state?
  • Is my 2011 Chevy Aveo covered for smoke damage?
  • Does my 2011 Chevy Aveo need full coverage?
  • Is my babysitter covered when using my vehicle?
  • Does coverage extend to my business vehicle?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Do auto insurance companies bend the truth?

Drivers get pounded daily by advertisements that promise big savings by State Farm and Allstate. They all make the same claim of big savings if you switch to their company.

How can each company say the same thing? It’s all in the numbers.

Different companies have a preferred profile for the type of customer that makes them money. A good example of a desirable insured could be a mature driver, insures multiple vehicles, and chooses high deductibles. Any driver that hits that “sweet spot” is entitled to the best price and as a result will probably save a lot of money.

Potential customers who don’t meet the requirements will be charged a higher premium and this can result in business not being written. Company advertisements say “customers who switch” not “everybody who quotes” save that much money. This is how companies can advertise the savings.

That is why you need to quote coverage with many companies. Because you never know which auto insurance company will have the lowest Chevy Aveo insurance rates.

Auto insurance coverage basics

Learning about specific coverages of a auto insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are the usual coverages available from auto insurance companies.

Collision coverage

This covers damage to your Aveo resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as crashing into a ditch, damaging your car on a curb, hitting a mailbox and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage

This provides protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Chevy Aveo.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Frequently these limits are set the same as your liablity limits.

Comprehensive or Other Than Collision

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like fire damage, damage from getting keyed, hail damage and hitting a deer. The highest amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical costs insurance

Med pay and PIP coverage kick in for bills such as pain medications, EMT expenses, surgery, dental work and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and may carry a deductible

Liability car insurance

This will cover damage or injury you incur to a person or their property by causing an accident. It protects you against other people’s claims, and doesn’t cover 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 commonly see liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like repair bills for other people’s vehicles, funeral expenses, structural damage, loss of income and bail bonds. The amount of liability coverage you purchase is up to you, but consider buying as high a limit as you can afford.

Stretch your dollar

When you buy insurance online, you should never skimp on critical coverages to save a buck or two. There are too many instances where an accident victim reduced physical damage coverage only to regret at claim time that the few dollars in savings costed them thousands. The aim is to buy enough coverage at a price you can afford while not skimping on critical coverages.

We’ve covered a lot of techniques to compare 2011 Chevy Aveo insurance prices online. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with the least-expected company. Smaller companies often have lower prices on specific markets than their larger competitors like Allstate and Progressive.

Other information