How Much Does 2006 Chevrolet Aveo Insurance Cost?

Trying to find the cheapest auto insurance rates for your Chevrolet Aveo? Finding low cost premium rates on auto insurance can be slightly frustrating for beginners to online insurance quotes. With such a large number of agents and online companies available, it can quickly become a difficult situation to find more affordable premium rates.

You should take the time to compare premium rates on a regular basis because prices are variable and change quite frequently. Just because you had the best price on Aveo insurance at your last renewal there is a good chance you can find better rate quotes now. You’ll find a ton of advice on auto insurance online, but in just a couple of minutes you can learn a bunch of ideas how to lower your auto insurance premiums.

If you have car insurance now, you should be able to save some money using these techniques. This information will tell you how to get online quotes. Although consumers must understand the methods companies use to compete online.

The quickest method to compare policy rates is to know the fact auto insurance companies participate in online systems to give you rate quotes. To get started, all you need to do is spend a couple of minutes providing details such as if you’re married, how old drivers are, how much education you have, and which vehicles you own. That information is then submitted to multiple top-rated companies and you will receive price estimates almost instantly.

To get price quotes for your car now, click here and complete the form.

Pay discount rates these discounts

Companies don’t always publicize all possible discounts very clearly, so the following is a list of a few of the more well known in addition to some of the lesser obvious insurance coverage savings.

  • Fewer Miles Equal More Savings – Driving fewer miles may enable drivers to earn lower insurance coveragerates on the low mileage vehicles.
  • Early Payment Discounts – If you can afford to pay the entire bill instead of paying each month you may reduce your total bill.
  • Policy Bundle Discount – If you can bundle your auto and homeowners insurance and insure them with the same company you may save up to 20% off your total premium.
  • Passive Restraints and Air Bags – Factory air bags may get savings of more than 20%.
  • Claim Free – Drivers with accident-free driving histories can earn big discounts compared to frequent claim filers.
  • Discount for Good Grades – Getting good grades could provide a savings of up to 20% or more. Many companies even apply the discount to college students until age 25.
  • Multiple Vehicles – Buying a policy with multiple vehicles on the same insurance coverage policy may reduce the rate for each vehicle.
  • Discounts for Government Workers – Active or former government employment could provide a small rate reduction on Aveo insurance depending on your insurance coverage provider.
  • New Car Discount – Adding a new car to your policy can get you a discount since new model year vehicles have better safety ratings.
  • Safety Course Discount – Passing a defensive driving course could possibly earn you a 5% discount if your company offers it.

Remember that most of the big mark downs will not be given to all coverage premiums. Some only reduce the cost of specific coverages such as collision or personal injury protection. If you do the math and it seems like you could get a free insurance coverage policy, you’re out of luck.

Car insurance companies that may have most of these discounts include:

Before buying, ask every company how you can save money. Some discounts listed above may not be available in your area. If you would like to choose from a list of companies that offer multiple discounts, click here to view.

Informed consumers know how to quote insurance coverage more affordably

It’s important that you understand some of the things that play a part in calculating the level of your policy premiums. If you understand what determines premiums, this enables you to make decisions that can earn you much lower annual insurance costs.

  • Multiple policies with one company can save – Some companies will give a discount to customers who carry more than one policy such as combining an auto and homeowners policy. If you currently are using one company, consumers should still shop around to ensure the best deal. Drivers may still find lower rates by buying from different companies
  • Don’t skimp on liability – A critical coverage on your policy, liability insurance is the coverage that protects you if you are responsible for damages caused by your negligence. Your liability coverage provides legal defense coverage which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • Poor credit can mean higher prices – Your credit score factor in determining your rates. Drivers with excellent credit tend to be more responsible and file fewer claims than those with lower credit scores. So if your credit could use some work, you could potentially save money when insuring your 2006 Chevrolet Aveo by spending a little time repairing your credit.
  • Job reflects on prices – Occupations such as lawyersairline pilots and stock brokers have higher premiums than the average policyholder due to stressful work requirements and lots of time spent at work. On the flip side, occupations like scientists, historians and the unemployed have lower than average premiums on Aveo insurance.
  • More mileage equals more premium – The more miles you rack up on your Chevy in a year’s time the more you will pay for insurance coverage. Almost all companies calculate prices determined by how the vehicle is used. Cars and trucks that have low annual miles can get a lower rate as compared to vehicles used primarily for driving to work. It’s a smart idea to ensure your insurance coverage policy shows the correct usage. An improperly rated Aveo is throwing money out the window.
  • Single drivers take more risk – Having a significant other may earn you lower rates on your insurance coverage bill. It means you’re more financially stable and it’s statistically proven that married drivers tend to have fewer serious accidents.
  • Insurance companies don’t like frequent policy claims – Car insurance companies give lower rates to policyholders who are claim-free. If you file claims often, you can expect much higher rates or policy non-renewal. Auto insurance is designed for claims that pose a financial burden.

Special considerations

When buying the right insurance coverage, there really is not a one size fits all plan. Everyone’s situation is unique.

Here are some questions about coverages that could help you determine if your insurance needs will benefit from professional help.

  • What can I do if my company won’t pay a claim?
  • Is my 2006 Chevy Aveo covered for smoke damage?
  • When can I cancel my policy?
  • Do I pay less if my vehicle is kept in my garage?
  • Who is covered by my policy?
  • How much can I save by bundling my policies?
  • Is there coverage for injuries to my pets?
  • Can I drive in Mexico and have coverage?
  • Is my state a no-fault state?

If you don’t know the answers to these 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.

Information about specific coverages

Having a good grasp of your policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Comprehensive coverage – This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as fire damage, theft, hitting a bird, a broken windshield and damage from getting keyed. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision – Collision coverage pays to fix your vehicle from damage caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as hitting a parking meter, sideswiping another vehicle and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your 2006 Chevy Aveo.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Frequently these coverages are set the same as your liablity limits.

Medical payments coverage and PIP – Med pay and PIP coverage pay for short-term medical expenses for things like surgery, chiropractic care and funeral costs. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Auto liability – Liability coverage provides protection from damages or injuries you inflict on a person or their property in an accident. It protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage protects against things such as loss of income, medical services, court costs and attorney fees. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.

Have the Midas touch

We’ve covered many ways to lower your 2006 Chevy Aveo insurance prices. The most important thing to understand is the more times you quote, the better your chances of lowering your rates. You may even discover the best price on insurance is with a company that doesn’t do a lot of advertising.

Drivers change insurance companies for a number of reasons such as delays in paying claims, extreme rates for teen drivers, denial of a claim and delays in responding to claim requests. It doesn’t matter what your reason, finding a new company is less work than it seems.

As you shop your coverage around, it’s not a good idea to sacrifice coverage to reduce premiums. There are too many instances where someone dropped collision coverage and learned later that the small savings ended up costing them much more. Your aim should be to buy a smart amount of coverage for the lowest price, not the least amount of coverage.

More detailed insurance information is located by following these links: