Insuring Your Chevy Prizm Just Got A Whole Lot Cheaper

Buyers have lots of choices when searching for low-cost Chevy Prizm insurance. They can either waste time struggling with agents trying to get quotes or save time using the internet to get rate quotes. There are more efficient ways to buy auto insurance so we’re going to tell you the best way to get price quotes for a Chevy and locate the best price possible from both online companies and local agents.

Choosing the best insurance company for you is not that difficult. If you have car insurance now, you will be able to lower your premiums substantially using this strategy. Drivers just need to learn the tricks to get comparison rates on the web.

Free Quotes for Auto Insurance

There are several ways you can shop for auto insurance but some are more efficient than others. You could waste time talking to agents in your area, or you could save time and use the internet to quickly compare rates.

Many of the larger companies participate in a marketplace that enables customers to submit one quote, and every company can provide price quotes determined by their information. This saves time by eliminating quotation requests to each company.

To enter your information into the quoting system, click here to open in new window.

The one downside to comparing rates this way is buyers cannot specifically choose which providers you want pricing from. So if you prefer to pick specific insurance companies to compare, we put together a list of companies who write auto insurance in your area. Click to view list.

Whichever way you use, be sure to compare the exact same coverage limits and deductibles with every price quote. If the quotes have mixed coverages it will be very difficult to determine the lowest rate for your Chevy Prizm.

Are auto insurance companies telling the truth?

Consumers get pounded daily by advertisements for car insurance savings by companies like Progressive, Allstate and GEICO. They all seem to make the same claim that you can save after switching to them.

How do they all make the same claim?

Insurance companies can use profiling for the right customer that is profitable for them. For example, a preferred risk could possibly be between the ages of 30 and 50, has no prior claims, and has excellent credit. A propective insured that hits that “sweet spot” will get the preferred rates and is almost guaranteed to save a lot of money.

Potential insureds who do not match these standards will be charged a more expensive rate which usually ends up with the customer not buying. The ad wording is “drivers who switch” not “everyone that quotes” save that much. That’s why companies can truthfully state the savings. That is why you should get a wide range of price quotes. It’s just too difficult to predict which insurance companies will provide you with the cheapest rates.

Complexity of Chevy Prizm insurance rates

Smart consumers have a good feel for some of the elements that come into play when calculating the rates you pay for auto insurance. Knowing what impacts premium levels enables informed choices that can help you get big savings.

The list below includes some of the items auto insurance companies consider when setting your rates.

• Increase deductibles and save – Insurance for physical damage to your car, also known as collision and other-than-collision, protects your Chevy from damage. Examples of covered claims could be a windshield shattered by a rock, vandalism, and burglary. Physical damage deductibles are the amount of money you are required to spend before your auto insurance pays a claim. The more you’re willing to pay, the lower your rates will be for Prizm coverage.
• A lapse in coverage is a bad thing – Driving your car without having proper coverage is illegal and as a result your rates will increase for letting your insurance lapse. Not only will you pay more, failure to provide proof of insurance will get you a license revocation or jail time.
• Save money with special equipment – Choosing a vehicle with an alarm system can help lower your rates. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart auto theft.
• More than one policy can earn a discount – Some insurance companies give discounts to insureds who carry more than one policy. It’s known as a multi-policy discount. This can amount to 10 percent or more. If you currently are using one company, you may still want to compare other company rates to make sure you are getting the best deal.

Discounts are great for lower rates

Companies that sell car insurance don’t always advertise all available discounts in an easy-to-find place, so here is a list some of the best known as well as the least known auto insurance savings. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.

• Homeowners Savings – Simply owning a home can save you money because maintaining a house shows financial diligence.
• Discount for Life Insurance – Select insurance companies reward you with lower rates if you buy a life insurance policy as well.
• Senior Discount – If you qualify as a senior citizen, you may receive a discount up to 10% for Prizm coverage.
• Use Seat Belts – Drivers who require all occupants to use their safety belts can save 10% or more off the personal injury premium cost.
• One Accident Forgiven – Some insurance companies allow you one accident before raising your premiums if you are claim-free prior to the accident.
• Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you may reduce your total bill.

Consumers should know that most of the big mark downs will not be given to the entire policy premium. Some only reduce specific coverage prices like comprehensive or collision. Just because it seems like you can get free auto insurance, companies wouldn’t make money that way.

To choose insurance companies offering auto insurance discounts, click here.

More effort can pay off

We covered some good ideas how to compare Chevy Prizm insurance prices online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even discover the best price on auto insurance is with the smaller companies.

Cheaper Chevy Prizm insurance can be found online and with local insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance companies do not offer online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

Drivers who switch companies do it for a number of reasons such as high prices, high rates after DUI convictions, delays in responding to claim requests or even questionable increases in premium. It doesn’t matter what your reason, choosing a new company is actually quite simple.