How long has it been since you sat down and looked for more competitive Chevy Aveo insurance in Raleigh? I can’t think of anyone who gets a kick out of paying for auto insurance, especially when they are aware that they could find better prices if they shop around.
Astonishing but true, almost 70% of insureds have been with the same company for at least the last four years, and roughly 40% of drivers have never shopped around. Many consumers in North Carolina could cut their rates by almost 10% a year by just comparing quotes, but most just don’t grasp how much they could save if they switched to a cheaper policy.
How to find cheaper quotes for Chevy Aveo insurance in Raleigh
The preferred way to find low-cost auto insurance rates in Raleigh is to do an annual price comparison from different companies in North Carolina. You can compare prices by following these guidelines.
Step 1: Spend some time learning about how insurance companies determine prices and the things you can control to drop your rates. Many rating factors that drive up the price such as traffic tickets, fender benders, and a less-than-favorable credit history can be remedied by making small lifestyle or driving habit changes.
Step 2: Request rate estimates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like GEICO or State Farm, while independent agents can provide prices for a wide range of companies.
Step 3: Compare the new rate quotes to your current policy premium to see if switching to a new carrier will save money. If you find a lower rate quote, make sure there is no lapse in coverage.
A good tip to remember is that you’ll want to compare the same liability limits and deductibles on each quote and and to get price estimates from as many carriers as you can. Doing this enables an accurate price comparison and a complete rate analysis.
You have multiple car insurance companies to purchase coverage from, and although it’s a good thing to have multiple companies, having more car insurance companies makes it harder to find a good deal for Chevy Aveo insurance in Raleigh.
You should take the time to get comparison quotes yearly because auto insurance rates are adjusted regularly by insurance companies. If you had the best deal on Chevy Aveo insurance in Raleigh two years ago you can probably find a lower rate today. Forget all the misinformation about auto insurance because you’re going to learn the fastest and easiest way to find lower rates on auto insurance.
Our objective in writing this article is to tell you how auto insurance companies operate and some tips to save money. If you’re already insured, you will be able to lower your rates using the tips covered below. Vehicle owners just have to use the most time-saving way to buy insurance using one simple form.
Companies offering Chevy Aveo insurance in Raleigh
The auto insurance companies shown below are our best choices to provide free quotes in Raleigh, NC. To find the best auto insurance in Raleigh, we suggest you visit several of them to find the most competitive auto insurance rates.
Detailed insurance information
The premium table shown next outlines detailed analysis of insurance policy prices for Chevy Aveo models. Being aware of how insurance prices are calculated is important for you to make informed decisions when comparing rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Aveo LS 4-Dr Hatchback||$210||$524||$302||$18||$90||$1,144||$95|
|Aveo LS 4-Dr Sedan||$210||$524||$302||$18||$90||$1,144||$95|
|Aveo LT 4-Dr Hatchback||$238||$524||$302||$18||$90||$1,172||$98|
|Aveo LT 4-Dr Sedan||$238||$524||$302||$18||$90||$1,172||$98|
|Get Your Own Custom Quote Go|
Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Rate quotes do not factor in garaging location in Raleigh which can influence auto insurance rates considerably.
Safe drivers Raleigh pay cheaper rates
The example below shows how traffic citations and at-fault claims impact Chevy Aveo car insurance rates for each different age group. The prices are based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no other discounts are factored in.
Chevrolet Aveo liability-only versus full coverage
The example below compares Chevy Aveo premium costs with liability coverage only compared to full coverage. The premiums are based on no claims or violations, $100 deductibles, drivers are not married, and no additional discounts are factored in.
When to drop comp and collision
There is no definitive rule to drop physical damage coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is 10% or more of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
For example, let’s pretend your Chevy Aveo replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company will settle for is $3,000 after paying your policy deductible. If you are paying more than $300 a year for physical damage coverage, then you may need to consider dropping full coverage.
There are some scenarios where dropping physical damage coverage is not recommended. If you still have a lienholder on your title, you are required to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not buy liability only.
Get cheaper rates by receiving these six discounts
Insuring your vehicles can cost a lot, but you can get discounts to help bring down the price. Some discounts will apply at the time you complete a quote, but some must be inquired about before they will apply. If they aren’t giving you every credit you qualify for, it’s possible you qualify for a lower rate.
- Professional Memberships – Participating in qualifying clubs or civic groups can get you a small discount on your next auto insurance statement.
- Multi-line Discount – Larger companies have a small discount if you purchase some life insurance too.
- Anti-lock Brakes – Cars and trucks equipped with ABS or steering control can stop better under adverse conditions and will save you 10% or more on Aveo insurance in Raleigh.
- Military Discounts – Having a deployed family member can result in better auto insurance rates.
- Discounts for Seat Belt Usage – Requiring all passengers to use a seat belt may be able to save a few bucks off the personal injury premium cost.
- Driver’s Ed – It’s a good idea to have your young drivers take driver’s ed class in school.
It’s important to understand that most credits do not apply to the entire policy premium. The majority will only reduce specific coverage prices like comp or med pay. Just because it seems like you could get a free auto insurance policy, company stockholders wouldn’t be very happy.
The diagram below compares Chevy Aveo annual premium costs with and without discounts applied. The costs are based on a male driver, no tickets, no at-fault accidents, North Carolina state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, multi-policy, claim-free, and multi-car discounts applied.
To find insurers who offer online Chevy Aveo insurance quotes in North Carolina, follow this link.
You may need advice from a local insurance agent
Certain consumers prefer to talk to an insurance agent. Most agents can help you build your policy and help you file claims. A good thing about comparing auto insurance online is you may find cheap rate quotes but still work with a licensed agent. And buying from small agencies is still important in Raleigh.
Upon completion of this quick form, the coverage information is submitted to participating agents in Raleigh who can give free rate quotes for your business. There is no need to find an agent on your own because quoted prices will be sent to your email. If you have a need to compare rates from a specific company, just jump over to their website and give them your coverage information.
Choosing the best insurance company is decision based upon more than just the bottom line cost. Ask your prospective agent these questions:
- Where would glass claims be handled in Raleigh?
- Which insurance companies are they affiliated with?
- What insurance company do they write the most business with?
- Will the agent help in case of a claim?
- How many years of experience in personal auto insurance do they have?
- Is there a Errors and Omissions policy in force?
- Is coverage determined by price?
- Do you need full coverage on every vehicle?
Best auto insurance company in Raleigh
Insuring your vehicle with the top insurer is hard considering how many companies there are in Raleigh. The company rank data shown next may help you analyze which car insurance providers to look at purchasing coverage from.
Top 10 Raleigh Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Car insurance coverages explained
Having a good grasp of car insurance can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages available from car insurance companies.
Auto liability – This provides protection from damages or injuries you inflict on other’s property or people that is your fault. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 30/60/25 that translate to a limit of $30,000 per injured person, $60,000 for the entire accident, and $25,000 of coverage for damaged property. Alternatively, you may have a combined limit which provides one coverage limit rather than limiting it on a per person basis.
Liability coverage protects against things such as repair costs for stationary objects, pain and suffering and court costs. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible. North Carolina state minimum liability requirements are 30/60/25 but drivers should carry higher limits.
The next chart shows why minimum state limits may not provide adequate coverage.
Comprehensive protection – This coverage covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like damage from a tornado or hurricane, rock chips in glass and hitting a deer. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Chevy Aveo.
Due to the fact that many North Carolina drivers only carry the minimum required liability limits (30/60/25 in North Carolina), it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time these limits do not exceed the liability coverage limits.
Medical expense coverage – Coverage for medical payments and/or PIP provide coverage for expenses for things like chiropractic care, EMT expenses, X-ray expenses and doctor visits. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants in addition to any family member struck as a pedestrian. PIP is not available in all states and may carry a deductible
Collision coverage – This coverage will pay to fix damage to your Aveo resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.
Collision insurance covers claims like hitting a parking meter, driving through your garage door, scraping a guard rail, backing into a parked car and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible on your Aveo to save money on collision insurance.
Cheap car insurance prices are available
Budget-conscious Chevy Aveo insurance is possible on the web as well as from insurance agents, and you should compare rates from both to get a complete price analysis. Some insurance providers may not offer the ability to get a quote online and many times these regional carriers only sell coverage through independent agents.
When you buy Raleigh auto insurance online, don’t be tempted to skimp on critical coverages to save a buck or two. There are many occasions where drivers have reduced collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to find the BEST coverage at a price you can afford while not skimping on critical coverages.
We just showed you some good ideas how you can reduce Chevy Aveo insurance rates online in Raleigh. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. Drivers may even discover the best price on car insurance is with a company that doesn’t do a lot of advertising. Some small companies often have lower auto insurance rates on specific markets than the large multi-state companies such as Progressive and GEICO.
How to find low-cost rates for Chevy Aveo insurance in Raleigh
If saving the most money is your goal, then the best way to quote cheaper car insurance rates is to start doing an annual price comparison from insurance carriers who sell auto insurance in Raleigh. Rate comparisons can be done by completing these steps.
Step 1: Try to comprehend how companies price auto insurance and the modifications you can make to prevent expensive coverage. Many rating factors that drive up the price like speeding tickets, accidents and a low credit score can be rectified by improving your driving habits or financial responsibility.
Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from a single company like Progressive or State Farm, while independent agents can provide price quotes for many different companies.
Step 3: Compare the quotes to your current policy to see if cheaper Aveo coverage is available. If you find better rates and change companies, make sure coverage does not lapse between policies.
An important note is to try to compare the same liability limits and deductibles on each quote request and and to get rate quotes from as many carriers as you can. This helps ensure an accurate price comparison and a better comparison of the market.
For more information, link through to the resources below:
- Distracted Driving Statistics (Insurance Information Institute)
- What Insurance is Cheapest for Drivers with a DUI in Raleigh? (FAQ)
- What Insurance is Cheapest for 18 Year Olds in Raleigh? (FAQ)
- Who Has the Cheapest Auto Insurance for Low Credit Scores in Raleigh? (FAQ)
- What Auto Insurance is Cheapest for High Mileage Drivers in Raleigh? (FAQ)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Keeping Children Safe in Crashes Video (iihs.org)
- Cellphones, Texting and Driving (iihs.org)
- Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)