How Much Does 2004 Chevrolet Aveo Car Insurance Cost?

Trying to find cheaper insurance rates for your Chevrolet Aveo? Nobody loves paying for insurance, especially when they could get a better deal.

With consumers having so many insurance companies to choose from, it can be challenging to find the most affordable insurance company.

The method we recommend to compare rate quotes is to take advantage of the fact car insurance companies will pay a fee to give you rate quotes. The one thing you need to do is take a few minutes to give details like if you are currently licensed, marital status, distance driven, and how old drivers are. Those rating factors is then sent to multiple car insurance providers and you receive quotes within a short period of time.

To get price quotes for your Chevy Aveo now, click here and see if a lower rate is available.

Drivers who switch save $422 a year? Really?

21st Century, Allstate and State Farm endlessly run ads on TV and radio. They all convey the message about how much you will save just by switching to them. How does every insurance company charge you less for car insurance? This is the trick they use.

Many companies have an ideal profile for the type of driver that makes them money. For example, a driver they prefer should be between the ages of 40 and 55, has never had a claim, and has a high credit rating. Any driver that meets those criteria will qualify for the lowest car insurance rates and have a good chance to save quite a bit of money when switching.

Potential insureds who do not fit this ideal profile will have to pay a higher premium with the end result being the customer buying from someone else. Company advertisements say “customers who switch” but not “everyone who gets a quote” will save that much if they switch. This is how insurance companies can make those statements.

This really illustrates why it’s extremely important to compare quotes as often as possible. It’s just too difficult to predict which insurance companies will give you the biggest savings.

Four tips to get more affordable insurance rates

It’s important that you understand the rating factors that help calculate your car insurance rates. When consumers understand what controls the rates you pay, this allows you to make good choices that can earn you much lower annual insurance costs. Multiple criteria are used in the calculation when you get a price on insurance. A few of the factors are predictable like a motor vehicle report, but others are less apparent like your vehicle usage or how safe your car is.

  • Do you have enough liability coverage? – A critical coverage on your policy, liability insurance provides coverage if you are determined to be liable for an accident. Liability provides legal defense coverage which can cost thousands of dollars. This coverage is very inexpensive compared to physical damage coverage, so drivers should make sure they buy enough to cover all assets.
  • Alarms and GPS tracking lower car insurance rates – Selecting a car model with advanced anti-theft systems can earn a premium discount. Anti-theft devices like OnStar, LoJack tracking, and tamper alarms all help prevent your vehicle from being stolen.
  • Safer cars cost less to insure – Vehicles with high crash test scores tend to have lower insurance rates. Highly rated vehicles reduce the chance of injuries and any reduction in injury severity means lower claim amounts and lower rates for you.
  • Don’t let your policy lapse – Driving without insurance coverage in place is not a good idea and you may have a hard time finding new coverage because you let your coverage lapse. In addition to paying higher premiums, failure to provide proof of insurance could result in a revoked license or a big fine. You will then be forced to prove you have insurance by filing a SR-22 with your state DMV.

Use discounts on insurance coverage

Companies don’t always list all available discounts very well, so we took the time to find a few of the more common as well as the least known discounts you could be receiving when you buy auto insurance online.

  • College Student Discount – Kids living away from home attending college and do not take a car to college may qualify for this discount.
  • Early Signing – Some companies provide a discount for buying a new policy prior to your current policy expiration. You can save around 10% with this discount.
  • Home Ownership Discount – Simply owning a home can save you money because it is proof of financial responsibility.
  • Paperwork-free – Many companies give back up to $50 just for signing your application on the web.
  • Discounts for Seat Belt Usage – Requiring all passengers to buckle their seat belts could cut 10% or more off the PIP or medical payment premium.
  • Accident-Free Discounts – Drivers with accident-free driving histories can save substantially when compared to accident-prone drivers.

One last thing about discounts, many deductions do not apply to your bottom line cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears all those discounts means the company will pay you, you aren’t that lucky. But any discount will cut your policy cost.

A few of the larger companies and a summarized list of policyholder discounts can be found below.

  • Farmers Insurance offers discounts for homeowner, early shopping, teen driver, multi-car, electronic funds transfer, and business and professional.
  • Esurance may have discounts that include claim free, online shopper, online quote, Pac-12 alumni, and emergency road assistance.
  • State Farm has savings for safe vehicle, anti-theft, good student, passive restraint, multiple policy, accident-free, and Steer Clear safe driver discount.
  • GEICO policyholders can earn discounts including anti-lock brakes, defensive driver, multi-vehicle, emergency military deployment, five-year accident-free, federal employee, and seat belt use.
  • Allstate includes discounts for new car, premier plus, utility vehicle, 55 and retired, good payer, and FullPay discount.

If you are trying to find inexpensive auto insurance quotes, ask every company to give you their best rates. Some discounts listed above might not be offered in your area. To see a list of insurance coverage companies that provide some of the discounts listed above, click here to view.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage for your vehicles, there is no single plan that fits everyone. Every situation is different so this has to be addressed. These are some specific questions might help in determining if your situation would benefit from an agent’s advice.

  • When should my teen driver be added to my policy?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do I pay less for low miles?
  • How high should deductibles be on a 2004 Chevy Aveo?
  • Do I need special endorsements for business use of my vehicle?
  • Can I afford to pay high deductible claims out of pocket?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

Specific coverage details

Learning about specific coverages of your insurance policy helps when choosing the right coverages for your vehicles. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Shown next are typical coverages available from insurance companies.

Coverage for medical payments – Med pay and PIP coverage pay for bills for chiropractic care, EMT expenses, X-ray expenses, doctor visits and prosthetic devices. They are often utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Collision – This coverage will pay to fix damage to your Aveo resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as sustaining damage from a pot hole, crashing into a ditch, backing into a parked car and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.

Liability coverage – This provides protection from damages or injuries you inflict on other’s property or people. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for claims like funeral expenses, medical services, repair costs for stationary objects, loss of income and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverages – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like a broken windshield, theft, damage from flooding and hail damage. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Aveo.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Be a penny pincher

You just learned a lot of ways to save on 2004 Chevy Aveo insurance. The most important thing to understand is the more you quote auto insurance, the higher your chance of finding cheaper auto insurance. Consumers could even find that the lowest priced insurance comes from some of the lesser-known companies. Smaller companies may only write in your state and offer lower premium rates than their larger competitors like Allstate and Progressive.

As you go through the steps to switch your coverage, never buy less coverage just to save a little money. In too many instances, an accident victim reduced full coverage only to regret they didn’t have enough coverage. The proper strategy is to buy the best coverage you can find at the best cost while still protecting your assets.

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