Cheaper 2010 Chevrolet Traverse Car Insurance Quotes

Shopping for the lowest cost car insurance online might seem somewhat intimidating for comparing rates and buying car insurance online. With such a large number of agents and online companies, how can you even start to compare every possible option in order to find the best available price?

It’s a great practice to do rate comparisons yearly due to the fact that insurance prices go up and down regularly. Just because you found the lowest price on Traverse insurance a couple years back there is a good chance you can find better rates now. You’ll find quite a bit of inaccurate information about car insurance out there, but in just a couple of minutes you can learn a lot of great tips on how to find affordable car insurance.

How to compare insurance quotes

To find the best insurance rates, there are several ways to compare rate quotes from many different insurance companies. The best method to do a complete rate comparison consists of shopping online. It is quite easy and can be accomplished in a couple of different ways.

  • Without a doubt, the easiest way to get the best comparison quotes is a comparison rater form like this one (opens in new window). This form saves time by eliminating separate quote forms to each individual insurance company. Just one form gets rate comparisons direct from many companies. This is perfect if you don’t have a lot of time.
  • A harder way to find better pricing requires a trip to the website of each company to complete a price quote. For examples sake, let’s assume you want to compare prices for State Farm, Farmers and Progressive. You would be required to navigate to each company’s site to enter the same coverage data repeatedly, which is not fast way to get rate quotes. To view a list of companies in your area, click here.
  • The old school method to comparison shop rate quotes is to drive around to and from local insurance agencies. The internet reduces the need to sit down with an agent unless you prefer the professional advice of a licensed agent. Drivers can find lower rates online but still have the advice of a local agent.

You can use whichever method you prefer to find lower rates, just make absolute certain that you use nearly identical coverage information on every quote. If you enter different values for each quote you will not be able to make a fair rate comparison. Even a minor difference in coverage limits can make a big difference in price. Just remember that making a lot of price comparisons gives you a better chance of getting more affordable insurance.

Don’t listen to company ads

Big name companies like GEICO, State Farm and Progressive endlessly run ads on TV and radio. All the ads say the same thing that people will save just by moving to them. It sounds good, but how can they all offer you a better deal? You have to listen carefully.

All the different companies can use profiling for the driver that earns them a profit. A good example of a driver they prefer could be over the age of 50, has a clear driving record, and drives newer vehicles. Any driver who fits those characteristics will probably get the lowest rates and is almost guaranteed to save when they switch companies.

Drivers who do not match the “perfect” profile will be quoted a higher rate which usually ends up with the customer buying from a different company. The trick is to say “drivers that switch” not “everyone who quotes” save that much money. That is how companies can state the savings.

Different companies use different criteria so you need to do a quote comparison often. You cannot predict which insurance coverage company will have the lowest rates.

Save a ton by taking advantage of discounts

Companies offering auto insurance don’t list every possible discount very clearly, so below is a list a few of the more common as well as some of the hidden credits available to lower your premiums when you buy car insurance online.

  • Pay Now and Pay Less – If you pay your bill all at once as opposed to paying monthly you can avoid monthly service charges.
  • Bundle and Save – If you combine your auto and homeowners policies with one insurance company you will save over 10 percent off each policy depending on the company.
  • Distant Student – College-age children living away from home attending college and do not have access to a covered vehicle may qualify for this discount.
  • Buy New and Save – Adding a new car to your policy may earn a small discount because newer models keep occupants safer.
  • Passive Restraints – Vehicles with factory air bags or automatic seat belts may qualify for discounts of 20 to 30 percent.
  • Discount for Life Insurance – If the company offers life insurance, you could get a discount if you purchase a life insurance policy as well.
  • Safety Restraint Discount – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more off the PIP or medical payment premium.
  • First Accident Forgiveness – but some insurance companies allow you one accident before your rates go up so long as you are claim-free for a set time period.
  • Cautious Drivers – Safe drivers can get discounts for up to 45% lower rates on Traverse insurance than drivers with accident claims.

We need to note that most discounts do not apply to the entire policy premium. Most only cut specific coverage prices like liability and collision coverage. So even though you would think all those discounts means the company will pay you, it’s just not the way it works.

To see providers with discount car insurance rates, click here to view.

How much insurance do I need?

When it comes to buying the right insurance coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is a little different.

For example, these questions may help you determine if your situation might need professional guidance.

  • Can I rent a car in Mexico?
  • Do I need an umbrella policy?
  • When should I drop full coverage on my 2010 Chevy Traverse?
  • What is medical payments coverage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Is my 2010 Chevy Traverse covered for flood damage?
  • Do I get a pro-rated refund if I cancel my policy early?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form.

Specifics of your auto insurance policy

Learning about specific coverages of a auto insurance policy helps when choosing which coverages you need and proper limits and deductibles. Auto insurance terms can be confusing and nobody wants to actually read their policy.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like rock chips in glass, falling objects and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability coverage

This coverage will cover damage or injury you incur to people or other property in an accident. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as structural damage, medical services, medical expenses, loss of income and pain and suffering. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision insurance

This pays for damage to your Traverse caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things like damaging your car on a curb, colliding with a tree and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.

Medical expense insurance

Med pay and PIP coverage reimburse you for immediate expenses such as rehabilitation expenses, dental work, hospital visits, X-ray expenses and ambulance fees. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your 2010 Chevy Traverse.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Saving money is sweet as honey

Lower-priced insurance coverage can be bought from both online companies in addition to local insurance agencies, so you should be comparing quotes from both to have the best selection. Some insurance coverage companies do not offer the ability to get a quote online and these regional carriers sell through independent agents.

When shopping online for insurance coverage, it’s not a good idea to buy poor coverage just to save money. There have been many cases where consumers will sacrifice liability coverage limits only to find out that the savings was not a smart move. The aim is to get the best coverage possible at a price you can afford, but do not sacrifice coverage to save money.

Consumers leave their current company for a number of reasons such as policy cancellation, policy non-renewal, delays in paying claims or even unfair underwriting practices. It doesn’t matter what your reason, finding the right insurance coverage provider is pretty easy and you might even save some money in the process.

For more information, feel free to browse the articles below: