Do you want to save money by buying low-cost auto insurance rates in San Antonio, TX? San Antonio shoppers have many options when shopping for low-cost Chevy Volt insurance. They can either spend hours driving around to get rate comparisons or utilize the internet to make rate comparisons.
There are both good and bad ways to buy auto insurance and we’ll show you the absolute fastest way to get price quotes for a new or used Chevy and obtain the lowest price either online or from San Antonio insurance agents.
It’s smart to price shop coverage on a regular basis since insurance prices change frequently. Even if you got the lowest price on Chevy Volt insurance in San Antonio a couple years back you may be paying too much now. There are a lot of ways to save on Volt insurance online, but you can learn some proven techniques to quit paying high auto insurance rates in San Antonio.
If you have a current insurance policy or need a new policy, you can learn to buy cheaper insurance and possibly find even better coverage. Our objective is to teach you how to effectively get price quotes and some tricks to saving. Comparison shoppers just have to know the most efficient way to get comparison quotes on the web.
Finding cheaper insurance quotes is actually quite simple. All that’s required is to spend a little time comparing free San Antonio car insurance quotes provided by online insurance companies.
The car insurance companies shown below are our best choices to provide comparison quotes in San Antonio, TX. If multiple providers are shown, we recommend you visit several of them to get the lowest price.
Auto insurance is not optional but you don’t have to overpay
Despite the high cost, auto insurance serves several important purposes.
- Just about all states have minimum mandated liability insurance limits which means you are required to buy a minimum amount of liability in order to drive the car. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Chevy Volt has a loan, most banks will stipulate that you buy insurance to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank may buy a policy for your Chevy at a much higher premium rate and require you to fork over the higher price.
- Insurance safeguards both your Chevy Volt and your assets. Insurance will pay for medical expenses for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if you cause an accident and are sued. If your Chevy gets damaged, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of buying enough insurance greatly outweigh the cost, particularly for liability claims. Unknowingly, the average driver is overpaying over $865 each year so we recommend shopping around every year to save money.
Smart Choices Result in Lower Insurance Prices
Consumers need to have an understanding of some of the elements that go into determining your premiums. When you know what positively or negatively influences your rates, this allows you to make good choices that may result in lower premium levels. Multiple criteria are used in the calculation when pricing auto insurance. Some factors are common sense such as traffic violations, but others are more obscure such as whether you are married and annual miles driven.
The items below are most of the major factors utilized by car insurance companies to help set rates.
- Small claims can cost you – If you are a frequent claim filer, you can definitely plan on either a policy non-renewal or much higher rates. Insurance companies in Texas give most affordable rates to policyholders who are not frequent claim filers. Insurance coverage is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
- Safer vehicles save money – Vehicles with high crash test scores can get you lower premiums. The safest vehicles reduce occupant injuries and lower injury rates means less money paid by your insurance company and lower rates for you.
- Higher physical damage deductibles are cheaper – Comp and collision deductibles define how much you are willing to pay before a claim is paid by your company. Physical damage coverage, aka comp and collision, protects your car from damage. Some instances where coverage would apply would be collision with another vehicle, vandalism, or theft of your vehicle. The more expense you choose to pay out-of-pocket, the less your insurance will be.
- Save money with high credit – A driver’s credit rating is likely to be a major factor in your rate calculation. Insureds with good credit tend to be better risks to insure than those with poor credit. If your credit leaves room for improvement, you could potentially save money when insuring your Chevrolet Volt by improving your rating.
- Younger drivers are expensive to insure – More experienced drivers are proven to be safer behind the wheel, tend to file fewer claims, and tend to be get fewer driving tickets. Young drivers are proven to be more careless when at the wheel of a vehicle therefore insurance rates are much higher.
- More than one policy can earn a discount – Most larger insurers will award lower prices for people that buy multiple policies. It’s known as a multi-policy discount. This can amount to as much as ten percent or more Even if you qualify for this discount already, it’s in your best interest to compare other San Antonio Volt insurance rates to make sure you are getting the best deal. You may still save even more by buying from different companies
Claims statistics for a Chevy Volt – Car insurance companies take into consideration historical loss data for every vehicle to calculate a price that offsets possible losses. Models that have a trend towards higher claims will have a higher premium rate.
The table below demonstrates the historical loss data for Chevy Volt vehicles. For each insurance policy coverage type, the claim amount for all vehicles combined as an average is considered to be 100. Percentage numbers below 100 indicate a favorable loss history, while values that are 100 or greater indicate frequent claims or statistically larger claims.
Chevrolet Volt Insurance Loss Statistics Specific Chevrolet Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Chevrolet Volt Electric 89 83 81 71 73 90BETTERAVERAGEWORSE
Statistics from IIHS.org for 2013-2015 Model Years
When do I need an agent’s advice?
When choosing the right insurance coverage, there really is no cookie cutter policy. Everyone’s situation is a little different.
Here are some questions about coverages that might help in determining whether or not you could use an agent’s help.
- Will my rates increase for filing one claim?
- What is UM/UIM insurance?
- How do I insure my teen driver?
- I have health insurance so do I need medical payments coverage?
- Do I pay less if my vehicle is kept in my garage?
- Is my nanny covered when driving my vehicle?
If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form. It only takes a few minutes and can provide invaluable advice.
You can find cheaper coverage
Throughout this article, we presented some good ideas how you can compare Chevy Volt insurance premium rates in San Antonio. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the best price on insurance is with some of the lesser-known companies.
Insureds leave their current company for a number of reasons such as extreme rates for teen drivers, poor customer service, not issuing a premium refund or delays in paying claims. It doesn’t matter what your reason, choosing a new insurance company is less work than it seems.
As you prepare to switch companies, make sure you don’t reduce needed coverages to save money. In too many instances, consumers will sacrifice physical damage coverage only to find out that it was a big error on their part. The ultimate goal is to buy the best coverage you can find at a price you can afford but still have enough coverage for asset protection.
More detailed insurance information is located in these articles:
- Alcohol Impaired Driving FAQ (iihs.org)
- Who Has Cheap Auto Insurance Rates for Drivers with Bad Credit in San Antonio? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Low Mileage Drivers in San Antonio? (FAQ)
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
- Shopping for a Safe Car (Insurance Information Institute)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
- Learn About Car Insurance (GEICO)