Trying to find cheaper insurance coverage rates for your Chevrolet S-10? No one in their right mind likes having to buy insurance coverage, especially knowing the cost is way too high. You have so many insurance companies to buy insurance from, and even though it’s nice to have a choice, so many choices can make it hard to find a good deal.
Smart consumers take time to check insurance coverage prices once or twice a year since insurance rates are adjusted regularly by insurance companies. Just because you found the best price on S-10 coverage a few years ago the chances are good that you can find a lower rate today. There is too much inaccurate information about insurance coverage online but I’m going to show you some of the best ways to stop overpaying for insurance.
Finding affordable coverage is quite easy. If you have car insurance now, you should be able to reduce your rates substantially using these techniques. Drivers just need to understand the best way to compare rates over the internet.
There are several ways to compare Chevy S-10 auto insurance prices but some are less labor-intensive and much quicker. You can waste a lot of time talking about coverages with insurance companies in your area, or you can stay home and use the internet to get rates in a matter of minutes.
Many insurance companies participate in an industry program that allows shoppers to submit one quote, and each participating company returns a competitive quote based on that information. This saves time by eliminating repetitive form submissions to each individual auto insurance company.
To participate in this free quote system, click to open in new window.
The one disadvantage to using this type of system is that you can’t choose the providers to get quotes from. So if you want to choose specific insurance companies to compare prices, we put together a list of low cost auto insurance companies in your area. View list of insurance companies.
However you get your quotes, double check that you are using exactly the same information with every price quote. If you are comparing different deductibles it will be very difficult to truly determine the lowest rate.
Companies offering auto insurance don’t always advertise all their discounts very clearly, so we researched both the well known and the harder-to-find discounts you could be receiving. If you’re not getting every credit possible, you are paying more than you should be.
A little note about advertised discounts, most discounts do not apply to all coverage premiums. Most only apply to the cost of specific coverages such as comp or med pay. So when the math indicates all the discounts add up to a free policy, companies wouldn’t make money that way.
A partial list of companies that may offer these money-saving discounts are:
Double check with each company how you can save money. Some discounts may not apply in your state.
Consumers need to have an understanding of the rating factors that play a part in calculating your insurance rates. When you know what positively or negatively impacts premium levels enables informed choices that could result in lower insurance prices.
Shown below are some of the items insurance companies consider when setting premiums.
When choosing proper insurance coverage for your vehicles, there is no single plan that fits everyone. Each situation is unique so your insurance should reflect that These are some specific questions may help highlight whether or not you could use an agent’s help.
If you’re not sure about those questions then you might want to talk to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.
Drivers constantly see and hear ads for cheaper car insurance from companies such as State Farm, Allstate and GEICO. All the companies make an identical promise that you’ll save big if you move your policy.
How can each company say the same thing?
Different companies have a preferred profile for the right customer they prefer to insure. An example of a driver they prefer might be profiled as a mature driver, owns a home, and has excellent credit. Any driver that hits that “sweet spot” will get the preferred rates and therefore will save when they switch companies.
Drivers who don’t qualify for this ideal profile must pay a more expensive rate which leads to business going elsewhere. The ads state “customers who switch” not “everyone that quotes” save that much. That’s the way companies can truthfully advertise the savings. This illustrates why it is so important to compare many company’s rates. You cannot predict which insurance companies will have the lowest Chevy S-10 insurance rates.
Understanding the coverages of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages offered by insurance companies.
Auto liability – This provides protection from damage or injury you incur to a person or their property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage protects against claims like repair costs for stationary objects, medical services and bail bonds. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.
Collision coverage – This coverage covers damage to your S-10 caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things like colliding with another moving vehicle, hitting a parking meter and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.
Comprehensive (Other than Collision) – Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive insurance covers things such as hail damage, damage from a tornado or hurricane and hitting a bird. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy S-10.
Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.
Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for rehabilitation expenses, EMT expenses, doctor visits, chiropractic care and funeral costs. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay
We covered a lot of tips how to get a better price on 2000 Chevy S-10 insurance. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding lower rates. Drivers may discover the best price on car insurance is with an unexpected company. They may cover specific market segments cheaper as compared to the big name companies such as GEICO and State Farm.
Cheap insurance is definitely available online in addition to many insurance agents, and you should be comparing both to have the best selection. Some companies do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.