We don’t have to tell you that insurance companies don’t want you to compare rates. Insureds who shop rates annually are very likely to switch companies because there is a high probability of finding a lower-cost company. A recent study showed that consumers who made a habit of comparing rates saved over $865 a year as compared to drivers who never compared other company’s rates.
If finding the cheapest rates on auto insurance is your objective, then learning a little about the best way to shop and compare insurance premiums can help simplify the task of finding more affordable coverage.
It takes a few minutes, but the best way to get the cheapest auto insurance rates in Jacksonville is to regularly compare price quotes from providers who can sell car insurance in Florida.
First, read about car insurance and the things you can control to prevent expensive coverage. Many things that increase rates like speeding tickets, accidents and a bad credit rating can be rectified by making minor driving habit or lifestyle changes. Keep reading for ideas to help reduce prices and get bigger discounts that may have been overlooked.
Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from one company like GEICO and State Farm, while agents who are independent can provide price quotes from many different companies.
Third, compare the new rate quotes to your existing coverage to see if a cheaper rate is available in Jacksonville. If you can save some money and change companies, make sure coverage does not lapse between policies.
One bit of advice is that you’ll want to make sure you compare the same physical damage deductibles and liability limits on each quote and and to compare as many companies as feasibly possible. This provides a level playing field and a complete price analysis.
If you are already insured, you will surely be able to find the best rates using the concepts covered in this article. Getting quotes for affordable coverage in Jacksonville is not as time-consuming as you think. But Florida drivers need to learn how big insurance companies determine premium rates because it varies considerably.
The most recommended method to compare policy rates for Chevy Volt insurance in Jacksonville is to know the fact car insurance companies will pay a fee to give you rate quotes. To start a quote, the only thing you need to do is provide the companies a bit of rating information such as driver details, if the vehicle is leased, any included safety features, and whether you are single or married. That information is automatically sent to multiple different insurance companies and you will receive price estimates quickly.
If you wish to get multiple quotes for your Chevy Volt now, click here and see if a lower rate is available in Jacksonville.
The following companies are ready to provide free quotes in Florida. If multiple providers are shown, we suggest you get prices from several of them to get the best price comparison.
Take advantage of these discounts on Chevy Volt insurance in Jacksonville
Some providers do not advertise every possible discount in an easy-to-find place, so the list below contains some of the more common and the harder-to-find discounts you could be receiving when you buy Jacksonville auto insurance online.
- Early Switch Discount – Some auto insurance companies give discounts for switching companies prior to your current Volt insurance policy expiring. It could save around 10% when you buy Jacksonville auto insurance online.
- Theft Deterrent System – Cars, trucks, and SUVs that have factory anti-theft systems prevent vehicle theft and can earn a small discount on your policy.
- Bundled Policy Discount – If you can combine your auto and homeowners policy with one insurance company you will save up to 20% and get you the cheapest Chevrolet Volt insurance in Jacksonville.
- Driver Training Discounts – Successfully completing a course in driver safety is a good idea and can lower rates if you qualify.
- Discount for Passive Restraints – Factory options such as air bags or automatic seat belts can qualify for discounts of more than 20%.
- Accident Free – Claim-free drivers pay much less when compared with drivers with a long claim history.
- Military Rewards – Being on active duty in the military could qualify you for better rates.
- Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education in high school.
- Life Insurance – Select auto insurance companies reward you with a small discount if you purchase auto and life insurance together.
Consumers should know that most discount credits are not given to the entire policy premium. Some only reduce specific coverage prices like liability and collision coverage. Just because it seems like you could get a free auto insurance policy, auto insurance companies aren’t that generous.
Some of the insurance companies that may offer quotes with these benefits include:
Before purchasing a policy, check with each insurance company what discounts are available to you. A few discounts may not be offered in your area. To see insurers that have a full spectrum of discounts in Jacksonville, click this link.
How Insurance Companies Determine Chevy Volt Insurance Rates
Smart consumers have a good feel for some of the elements that help calculate your car insurance rates. When you know what positively or negatively controls the rates you pay, this allows you to make good choices that can earn you cheaper rates. Many factors are part of the equation when you get your auto insurance bill. Most are fairly basic such as your driving history, although some other factors are not as apparent like your vehicle usage or your vehicle rating.
Your gender affects premiums – Over time, data shows that men are more aggressive behind the wheel. However, this does not mean men are WORSE drivers than women. They both get in auto accidents in similar percentages, but males tend to have more serious accidents. Men also tend to receive more costly citations such as reckless driving.
Low mileage costs less – The more you drive your Chevy in a year’s time the higher your rates will be. Most insurance companies calculate prices partially by how you use the vehicle. Cars and trucks left parked in the garage qualify for better rates than those used for commuting. Having the wrong rating on your Volt may be costing you. Make sure your declarations sheet shows the proper vehicle usage, because improper ratings can cost you money.
More traffic means higher claims – Choosing to live in small towns and rural areas is a good thing when shopping for auto insurance. Lower population means fewer accidents and also fewer theft and vandalism claims. Residents of big cities regularly have more road rage incidents and longer commutes to work. More time on the road means more chances of being involved in an auto accident.
Having a spouse can save you money – Being married actually saves money when shopping for car insurance. Marriage usually means you are more stable financially and statistics prove drivers who are married file infrequent claims.
Liability coverage – Your car insurance policy’s liability coverage provides coverage if ever a jury decides you are liable for causing damage or personal injury in an accident. Your policy’s liability insurance provides you with a defense in court which can cost thousands of dollars. Liability is cheap when compared to the cost of physical damage coverage, so do not cut corners here.
Small coverages can add up – Policies have additional coverages that can waste your money on your Volt policy. Insurance for things like rental car reimbursement, towing, and term life insurance may be costing you every month. You may think they are a good idea when talking to your agent, but if you have no use for them consider taking them off your policy.
Expect high rates for teens – Teen drivers in Florida have been known to get distracted easily when driving therefore car insurance rates are much higher. Older drivers tend to be more responsible, tend to cause fewer accidents, and tend to be get fewer driving tickets.
Safer cars mean better rates – Cars with five star safety ratings cost less to insure. Vehicles engineered for safety reduce occupant injuries and reduced instances of injuries translates directly to fewer claims passed on to you as lower rates.
Chevy Volt insurance claim data – Companies take into consideration insurance loss statistics for every vehicle to help determine the price you pay. Vehicles that the data shows to have higher claim frequency or loss amount will have a higher premium rate. The information below illustrates the collected loss data for Chevy Volt vehicles.
For each policy coverage type, the loss probability for all vehicles compiled together is equal to 100. Percentage values below 100 suggest a positive loss record, while percentage numbers above 100 indicate a higher chance of having a claim or statistically larger losses.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Chevrolet Volt Electric||89||83||81||71||73||90|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years