Cheaper 2003 Chevrolet Avalanche Insurance Cost

Buying low-cost insurance on the internet is intimidating for consumers new to price shopping online. With such a large number of insurers to choose from, how can anyone even start to compare every one to find the best price?

It’s smart to compare rates periodically since insurance rates fluctuate regularly. Even if you got the lowest price on Avalanche insurance six months ago a different company probably has better rates today. Block out anything you think you know about insurance because you’re about to find out the quickest way to save money, get proper deductibles and limits, all at the lowest rate.

Chevy Avalanche rates are in the details

Smart consumers have a good feel for the different types of things that go into determining the rates you pay for insurance. When you know what positively or negatively influences your rates enables informed choices that may reward you with lower insurance prices.

Listed below are a few of the “ingredients” insurance companies consider when setting rates.

  • Where you reside plays a part – Residing in a small town can be a good thing when it comes to insurance. Fewer people means fewer accidents as well as less vandalism and auto theft. City drivers have to deal with much more traffic to deal with and much longer commute distances. More time on the road translates into higher accident risk.
  • Marriage pays dividends – Having a wife or husband helps lower the price on your insurance policy. Marriage translates into being more responsible it has been statistically shown that married drivers get in fewer accidents.
  • Safe vehicles cost less to insure – Cars with high safety ratings get lower rates. The safest vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If your Chevy Avalanche earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
  • Special features that cut premiums – Choosing a vehicle with an alarm system can save you a little every year. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart car theft.
  • Lower deductibles cost more – Deductibles for physical damage represent how much money you are willing to pay out-of-pocket before a claim is paid by your company. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. A few examples of covered claims could be colliding with a building, damage from fire, and burglary. The more expense you have to pay, the less your company will charge you for insurance on Avalanche insurance.
  • Drive less and save money – The higher the mileage driven every year the higher your rate. Almost all companies rate vehicles determined by how the vehicle is used. Cars left parked in the garage get more affordable rates than vehicles that are driven to work every day. Make sure your insurance declarations sheet is showing the correct usage for each vehicle. If your policy improperly rates your Avalanche can cost quite a bit.
  • Tickets mean higher rates – A bad driving record has a huge affect on how much you pay. Even one ticket can boost insurance rates forty percent or more. Careful drivers receive lower rates compared to drivers with tickets. If you have flagrant violations such as reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 form with their state DMV in order to keep their license.
  • Battle of the sexes – The statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that women are better drivers. Women and men have accidents at about the same rate, but the males cause more damage. They also get cited for more serious violations like DUI and reckless driving. Teenage male drivers are several times more likely to be in an accident and thus pay the highest rates.

Save money by taking advantage of these discounts

Companies don’t always publicize all their discounts in a way that’s easy to find, so we researched some of the best known and the more hidden savings tricks you should be using.

  • Auto/Home Discount – If you have multiple policies with one insurance company you may save 10% to 20% off each policy.
  • Paperless Signup – A few companies give back up to $50 simply for signing on their website.
  • Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
  • Payment Method – If paying your policy premium upfront instead of making monthly payments you could save 5% or more.
  • College Student – Any of your kids who attend school more than 100 miles from home without a vehicle on campus can be insured at a reduced rate.
  • Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of more than 20%.
  • Save with a New Car – Insuring a new car is cheaper compared to insuring an older model.
  • Anti-theft System – Anti-theft and alarm systems help deter theft and therefore earn up to a 10% discount.

It’s important to note that many deductions do not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as comprehensive or collision. So even though it sounds like you can get free auto insurance, it just doesn’t work that way.

To see a list of insurance companies who offer insurance coverage discounts, click here to view.

When should I use an insurance agent?

When choosing adequate coverage, there really is no one size fits all plan. Everyone’s situation is unique.

For instance, these questions might help in determining if you would benefit from an agent’s advice.

  • What is UM/UIM insurance?
  • What is no-fault insurance?
  • Do I have coverage if my license is suspended?
  • Does my 2003 Chevy Avalanche need full coverage?
  • When should I not file a claim?
  • When would I need rental car insurance?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Insurance coverage options for a 2003 Chevy Avalanche

Learning about specific coverages of insurance aids in choosing appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Comprehensive protection – Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as fire damage, damage from a tornado or hurricane, damage from flooding, a broken windshield and falling objects. The maximum amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Medical expense coverage – Med pay and PIP coverage reimburse you for bills such as prosthetic devices, EMT expenses and doctor visits. They are utilized in addition to your health insurance program or if you lack health insurance entirely. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage – This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things such as colliding with another moving vehicle, sideswiping another vehicle, rolling your car, scraping a guard rail and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Coverage for liability – Liability coverage protects you from damages or injuries you inflict on people or other property that is your fault. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things such as repair bills for other people’s vehicles, court costs, loss of income, legal defense fees and emergency aid. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured or underinsured coverage – This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

The bottom line

We covered quite a bit of information on how to reduce 2003 Chevy Avalanche insurance prices online. The key thing to remember is the more providers you compare, the higher your chance of finding lower rates. You may even find the most savings is with the least-expected company.

Discount insurance is definitely available both online in addition to many insurance agents, and you should be comparing both so you have a total pricing picture. Some auto insurance companies do not provide online price quotes and these small insurance companies work with independent agents.

Insureds leave their current company for many reasons like policy cancellation, delays in paying claims, extreme rates for teen drivers or even policy non-renewal. No matter why you want to switch, switching auto insurance companies is not as difficult as it may seem.

More articles