2010 Chevrolet Cobalt Car Insurance Rates – 6 Tips for Cheaper Quotes

Are you baffled by the wide range of car insurance sources that you can choose from? There are such a vast assortment of sources available that it can quickly become a big hassle to compare premium rates.

You should take the time to shop coverage around at least once a year because car insurance prices are rarely the same from one policy term to another. Just because you found the best deal on Cobalt insurance a couple years back you will most likely find a better rate quote today. There is too much inaccurate information about car insurance online but you can learn some of the best techniques to lower your car insurance bill.

If you are paying for car insurance now, you should be able to lower your premiums substantially using this information. This article will introduce you to how to effectively get price quotes and some tricks to saving. Although car owners must learn the way companies determine prices and take advantage of how the system works.

Quote auto insurance online

When looking for low cost car insurance quotes, there are a couple ways of comparing rates from many different insurance companies. The easiest way to do a complete rate comparison consists of obtaining rate quotes online. It is quite easy and can be accomplished in a couple minutes as outlined below.

  1. The most recommended method to get the best comparison quotes is a comparison rater form (click to open form in new window). This method saves time by eliminating boring form submissions for each price estimate. One form will get you price quotes from auto insurance companies with the best prices. This is perfect if you don’t have a lot of time.
  2. A different way to find lower rates is spending the time to visit the website of each company and get a separate price quote. For example, we’ll assume you are doing a rate comparison from Progressive, Farmers and Liberty Mutual. To find out each rate you need to spend time going to each site individually to input your insurance information, which can take a lot of time.

    For a handy list of car insurance company links in your area, click here.

It’s up to you how you get prices quotes, just do your best to enter equivalent coverage data for every quote you compare. If you enter different liability limits it will be next to impossible to make a fair comparison for your Chevy Cobalt. Having just a slight variation in insurance coverages can mean a large discrepancy in price. And when quoting auto insurance, remember that more quotes helps increase your odds of locating a better price. Some companies don’t provide prices over the internet, so it’s recommended that you also compare price estimates on coverage from those companies, too.

Lower-cost auto insurance rates with discounts

Auto insurance is not inexpensive, but there’s a good chance there are discounts to cut the cost considerably. Many of these discounts will be applied automatically at the time of purchase, but a few need to be specifically requested before being credited.

  • Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a small discount if you purchase life insurance.
  • Low Mileage Discounts – Low annual miles could be rewarded with discounted rates on garaged vehicles.
  • Bundled Policy Discount – When you have multiple policies and place coverage with the same company you may earn up to 20% off your total premium.
  • Clubs and Organizations – Affiliation with certain professional organizations can get you a small discount on your bill.
  • Sign Early and Save – Some insurance companies give discounts for buying a new policy prior to your current policy expiration. The savings is around 10%.
  • Multiple Cars – Insuring multiple cars with the same auto insurance company qualifies for this discount.

As a footnote on discounts, most credits do not apply the the whole policy. Most cut the price of certain insurance coverages like liability and collision coverage. So when the math indicates having all the discounts means you get insurance for free, that’s just not realistic.

If you would like to view providers that offer many of these discounts, click here to view.

Tailor your insurance coverage to you

When choosing the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Every insured’s situation is different.

These are some specific questions may help you determine whether you may require specific advice.

  • Does car insurance cover theft of personal property?
  • Do I pay less for low miles?
  • Is a blown tire covered by insurance?
  • What is no-fault insurance?
  • Are my tools covered if they get stolen from my vehicle?
  • Can my babysitter drive my car?
  • Exactly who is provided coverage by my policy?
  • Do I need replacement cost coverage?
  • Do I have coverage when pulling a U-Haul trailer?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form.

Insurance policy coverages for a 2010 Chevy Cobalt

Understanding the coverages of insurance aids in choosing the right coverages and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy.

Liability

This provides protection from damage or injury you incur to people or other property that is your fault. This insurance protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, 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, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for claims like legal defense fees, attorney fees, court costs, emergency aid and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like doctor visits, rehabilitation expenses, ambulance fees and prosthetic devices. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible

Uninsured/Underinsured Motorist coverage

This coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Chevy Cobalt.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Collision coverage protection

Collision insurance covers damage to your Cobalt from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like hitting a mailbox, hitting a parking meter and driving through your garage door. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like damage from a tornado or hurricane, vandalism, hitting a deer and rock chips in glass. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

One last thing about your coverage

Cheaper car insurance can be sourced online and with local insurance agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who don’t offer online quoting and many times these regional carriers only sell through independent insurance agencies.

When shopping online for car insurance, do not reduce needed coverages to save money. In many cases, drivers have reduced comprehensive coverage or liability limits and found out when filing a claim that the few dollars in savings costed them thousands. Your objective should be to purchase plenty of coverage at the best price, not the least amount of coverage.

Consumers change insurance companies for many reasons like unfair underwriting practices, poor customer service, policy non-renewal and denial of a claim. No matter why you want to switch, finding a new company is easier than you think.

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