2003 Chevrolet Venture Car Insurance Quotes – 5 Savings Tips

Shoppers have many options when shopping for affordable Chevy Venture insurance. They can either spend hours contacting agents to compare prices or utilize the internet to get rate quotes.

There are both good and bad ways to shop for car insurance and we’ll show you the quickest way to get price quotes for a Chevy and obtain the lowest price either online or from local insurance agents.

If you are insured now or are shopping for new coverage, you can use these tips to get lower rates while maintaining coverages. This article will instruct you on how to get online quotes and some tips to save money. Consumers just need to understand the most effective way to compare company rates over the internet.

Insurance coverage discounts help cut rates

Companies that sell car insurance don’t necessarily list all possible discounts in an easy-to-find place, so we break down both the well known and also the more inconspicuous credits available to lower your premiums when you buy insurance coverage online. If you check and find you aren’t receiving every discount possible, you could be getting lower rates.

  • New Vehicle Savings – Buying a new car instead of a used car can save up to 30% compared to insuring an older model.
  • Paperless Signup – A few larger companies will give a small break just for signing your application on the web.
  • Good Student Discount – Performing well in school may save you up to 25%. Many companies even apply the discount to college students up until you turn 25.
  • Accident Forgiveness Coverage – This one isn’t a discount, but a handful of insurance companies will allow you to have one accident without the usual rate increase if you are claim-free prior to being involved in the accident.
  • Driver’s Education for Students – Cut your cost by having your teen driver participate in a local driver’s education class if it’s offered in school.

You can save money using discounts, but some of the credits will not apply to the entire policy premium. Some only apply to specific coverage prices like collision or personal injury protection. Even though the math looks like it’s possible to get free car insurance, you aren’t that lucky.

A few of the larger companies and some of the premium reductions they offer are included below.

  • Progressive may have discounts that include multi-vehicle, continuous coverage, online signing, homeowner, online quote discount, and multi-policy.
  • The Hartford offers premium reductions for bundle, defensive driver, air bag, good student, driver training, and anti-theft.
  • Mercury Insurance may offer discounts for good driver, type of vehicle, location of vehicle, anti-theft, good student, and low natural disaster claims.
  • GEICO has savings for multi-vehicle, anti-lock brakes, daytime running lights, five-year accident-free, defensive driver, and federal employee.
  • AAA offers discounts for multi-car, anti-theft, good driver, multi-policy, education and occupation, and AAA membership discount.
  • State Farm includes discounts for anti-theft, multiple policy, passive restraint, good driver, and good student.

If you need lower rates, check with all the companies how you can save money. Some of the earlier mentioned discounts may not apply to policyholders in your state. To see a list of insurers with discount rates, click here.

Auto insurance savings promises

Consumers can’t ignore all the ads that promise big savings from companies such as GEICO, State Farm and Progressive. They all make the same claim about how much you will save if you get a free insurance coverage quote and switch your auto insurance coverage to their company.

How do they all have lower policy pricing? Here is the trick they use.

Insurance companies have strict underwriting profiles for the right customer that makes them money. One example of a preferred risk may be married and over the age of 30, carries full coverage, and has great credit. Any person who fits that profile will get very good rates and as a result will probably pay quite a bit less when switching companies.

Drivers who don’t qualify for those standards may be forced to pay a higher rate which leads to the customer buying from a different company. The ads say “drivers who switch” not “everyone who quotes” can save as much as they claim. That’s why insurance companies can confidently make those statements.

This illustrates why drivers must compare quotes as often as possible. It is impossible to guess the company that will have the best prices at this point in time.

Which is the best insurance?

When buying proper insurance coverage, there isn’t really a “perfect” insurance plan. Everyone’s situation is a little different.

Here are some questions about coverages that could help you determine whether your personal situation would benefit from an agent’s advice.

  • Should I get collision insurance on every vehicle?
  • Which companies will insure high-risk drivers?
  • Does insurance cover tools stolen from my truck?
  • Can my teen driver be rated on a liability-only vehicle?
  • When should I drop full coverage on my 2003 Chevy Venture?
  • Does my insurance cover a custom paint job?
  • Do I pay less for low miles?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form. It’s fast, free and may give you better protection.

Insurance policy specifics

Having a good grasp of your policy can be of help when determining appropriate coverage for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Comprehensive (Other than Collision)

This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like vandalism, hail damage, a tree branch falling on your vehicle and rock chips in glass. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision protection

This covers damage to your Venture from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as hitting a mailbox, colliding with a tree and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and also any damage incurred to your Chevy Venture.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Most of the time these limits are identical to your policy’s liability coverage.

Liability

This will cover injuries or damage you cause to other’s property or people. It protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

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 policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against claims such as court costs, pain and suffering and repair bills for other people’s vehicles. How much coverage you buy is up to you, but consider buying as much as you can afford.

Medical expense insurance

Medical payments and Personal Injury Protection insurance kick in for bills such as prosthetic devices, surgery, rehabilitation expenses and chiropractic care. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Money doesn’t grow on trees

Drivers leave their current company for many reasons like extreme rates for teen drivers, denial of a claim, policy non-renewal or even not issuing a premium refund. Whatever your reason, choosing a new company is pretty simple and you could end up saving a buck or two.

When getting insurance coverage quotes online, it’s not a good idea to skimp on coverage in order to save money. There are a lot of situations where an insured cut collision coverage only to regret that they should have had better coverage. The aim is to buy a smart amount of coverage at an affordable rate, but do not skimp to save money.

The cheapest 2003 Chevy Venture insurance is available on the web and from local insurance agents, and you need to comparison shop both to get a complete price analysis. There are still a few companies who don’t offer online quoting and many times these smaller companies sell through independent agents.

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