2002 Chevrolet Tracker Insurance Cost – 9 Ways to Save

Locating cheaper insurance for a new or used Chevy Tracker can be a lot of work, but you can learn these tips to make it easier.

There are more efficient ways to find car insurance online so you’re going to learn the quickest way to quote coverages for a Chevy and locate the cheapest rates from both online companies and local agents.

How to get free insurance coverage quotes online

Effectively comparing insurance coverage prices can be challenging if you don’t utilize the best way to get rate quotes. You could spend your day discussing policy coverages with insurance agencies in your area, or you can stay home and use online quoting to accomplish the same thing much quicker.

Many insurance companies enroll in a system where prospective buyers complete one form, and each participating company provides a quote based on the submitted data. This system prevents you from having to do quotation requests for every insurance coverage company. To compare rates now click here (opens in new window).

The single downside to using this type of system is you can’t choose the companies to receive prices from. If you prefer to choose specific providers to compare prices, we have a listing of companies who write insurance coverage in your area. View list of insurance companies.

Whichever way you choose to compare rates, be sure to compare equivalent coverages and limits for each comparison quote. If the quotes have different liability limits it’s impossible to determine the lowest rate for your Chevy Tracker.

Cheaper rates with these nine discounts

Not too many consumers would say auto insurance is affordable, but you might be missing out on some discounts to cut the cost considerably. Some of these disounts will be visible at quote time, but a few must be asked for prior to getting the savings. If you do not double check each discount you qualify for, you are throwing money away.

  • Anti-theft System – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen and qualify for as much as a 10% discount.
  • Life Insurance – Select insurance companies reward you with better premium rates if you take out life insurance from them.
  • Military Deployment Discount – Being on active duty in the military may qualify for rate reductions.
  • Seat Belt Discounts – Drivers who require all vehicle occupants to use a seat belt could cut 10% or more off the medical payments premium.
  • Low Mileage – Maintaining low annual mileage can earn lower prices due to less chance of an accident.
  • Sign Early and Save – Some larger companies provide a discount for buying a policy early. You can save around 10% with this discount.
  • Passenger Safety Discount – Options like air bags or automatic seat belts can receive discounts of 20% or more.
  • Defensive Driver – Participating in a defensive driver class could cut 5% off your bill depending on where you live.
  • Discounts for New Vehicles – Buying a new car model is cheaper because new vehicles have to meet stringent safety requirements.

While discounts sound great, it’s important to understand that many deductions do not apply to the entire cost. Most only cut individual premiums such as medical payments or collision. Despite the appearance that all the discounts add up to a free policy, company stockholders wouldn’t be very happy. Any amount of discount will definitely reduce your overall premium however.

Companies and a selection of discounts are outlined below.

  • State Farm has discounts for driver’s education, Drive Safe & Save, good driver, anti-theft, passive restraint, defensive driving training, and good student.
  • Progressive includes discounts for good student, online signing, homeowner, continuous coverage, multi-policy, and multi-vehicle.
  • Progressive may include discounts for online signing, homeowner, good student, multi-policy, and multi-vehicle.
  • MetLife offers discounts including claim-free, defensive driver, good driver, multi-policy, accident-free, and good student.
  • Farm Bureau policyholders can earn discounts including youthful driver, 55 and retired, driver training, safe driver, and good student.
  • GEICO may offer discounts for membership and employees, federal employee, seat belt use, military active duty, multi-policy, multi-vehicle, and daytime running lights.
  • SAFECO offers discounts for accident prevention training, teen safe driver, multi-car, anti-theft, bundle discounts, and anti-lock brakes.

It’s a good idea to ask each insurance company how you can save money. Some of the discounts discussed earlier may not be available in every state. To locate auto insurance companies that offer discounts, click here.

What is the best insurance coverage?

When choosing coverage for your personal vehicles, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions might point out if your situation could use an agent’s help.

  • Is my teen driver covered when they drive my company car?
  • If my 2002 Chevy Tracker is totaled, can I afford another vehicle?
  • Does coverage extend to a rental car in a foreign country?
  • Why does it cost so much to insure a teen driver?
  • Does my medical payments coverage pay my health insurance deductible?
  • Is a blown tire covered by insurance?
  • Can I afford low physical damage deductibles?

If you can’t answer these questions then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance coverages and their meanings

Learning about specific coverages of a insurance policy can help you determine appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Uninsured or underinsured coverage – This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your 2002 Chevy Tracker.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Auto liability insurance – This provides protection from damage or injury you incur to a person or their property. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things such as pain and suffering, legal defense fees, repair costs for stationary objects and attorney fees. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like chiropractic care, doctor visits, dental work and EMT expenses. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage – Collision coverage covers damage to your Tracker from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a parking meter, driving through your garage door, sustaining damage from a pot hole, colliding with another moving vehicle and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Comprehensive protection – This pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things like a broken windshield, theft, damage from getting keyed, fire damage and hitting a deer. The maximum amount your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Smart shoppers get results

When shopping online for insurance coverage, make sure you don’t skimp on critical coverages to save a buck or two. There are too many instances where an insured cut liability coverage limits to discover at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to purchase a proper amount of coverage at the lowest possible cost, but don’t skip important coverages to save money.

Drivers leave their current company for a variety of reasons including not issuing a premium refund, questionable increases in premium, policy cancellation and extreme rates for teen drivers. Regardless of your reason, choosing a new insurance company is actually quite simple.

You just read quite a bit of information on how to save on 2002 Chevy Tracker insurance. The key thing to remember is the more providers you compare, the better your chances of lowering your prices. Drivers may discover the lowest premium rates come from an unexpected company.

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