2014 Chevrolet Volt Insurance Quotes

Searching for cheaper car insurance rates for your Chevrolet Volt? Consumers who are new to the process of shopping for insurance online can find purchasing cheap car insurance is more work than they anticipated.

Finding Car Insurance Deals

Comparing car insurance rates can be a lot of work if you don’t utilize the best way to get rate quotes. You can waste a few hours (or days) talking to local insurance agents in your area, or you can utilize online quoting to get rate comparisons in just a few minutes.

The majority of car insurance companies take part in a program that enables customers to submit their information once, and at least one company then returns a price quote based on that data. This eliminates the need for quote forms for each company you want a rate for.

To find out how much you’re overpaying now click here to open in new window.

The one downside to doing it this way is you can’t choose the providers you want to price. So if you prefer to choose from a list of companies for rate comparison, we have assembled a list of car insurance companies in your area. Click here to view list.

Whichever method you choose, ensure you are comparing exactly the same coverage limits with each company. If your comparisons have different deductibles you will not be able to determine which rate is truly the best. Slightly different limits can mean a large discrepancy in price. Just remember that more quotes provides better odds of finding the best rates.

More discounts equal less premium

Properly insuring your vehicles can get expensive, but companies offer discounts to help bring down the price. Some trigger automatically when you get a quote, but some must be inquired about before you get the savings.

  • Homeowners Pay Less – Owning a house can save you money due to the fact that maintaining a home demonstrates responsibility.
  • New Car Discount – Putting insurance coverage on a new car is cheaper compared to insuring an older model.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles are safer to drive and will save you 10% or more.
  • Safe Drivers – Insureds without accidents may save up to 50% more on Volt insurance than drivers with accident claims.
  • Auto/Home Discount – When you have multiple policies with the same company you could get a discount of 10% to 20% off each policy.
  • Clubs and Organizations – Belonging to a qualifying organization could qualify you for a break on your policy on Volt insurance.
  • Low Mileage Discounts – Fewer annual miles on your Chevy can qualify you for discounted rates on garaged vehicles.
  • Seat Belt Usage – Requiring all passengers to use their safety belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Early Signing – A few companies offer discounts for switching to them prior to your current policy expiring. This can save 10% or more.

It’s important to understand that most discounts do not apply to your bottom line cost. Most only cut specific coverage prices like medical payments or collision. Even though it may seem like you could get a free auto insurance policy, auto insurance companies aren’t that generous. But any discount will bring down the cost of coverage.

Companies that may have some of the above discounts may include but are not limited to:

Before buying, ask every prospective company which discounts you may be entitled to. All car insurance discounts might not be offered in every state.

Chevy Volt rate determination is complex

Consumers need to have an understanding of the factors that help determine the rates you pay for car insurance. Having a good understanding of what influences your rates empowers consumers to make smart changes that can help you get lower car insurance prices.

  • Where you live can impact rates – Being located in a rural area is a positive aspect when buying car insurance. Urban drivers regularly have more traffic problems and a longer drive to work. Fewer people means a lower chance of having an accident and a lower car theft rate.
  • Do you have enough liability coverage? – Your policy’s liability coverage will protect you if you are found to be at fault for causing damage or personal injury in an accident. Liability provides legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not skimp.
  • More miles equals more premium – Driving more miles in a year the more you’ll pay to insure your vehicle. Almost all companies apply a rate determined by how the vehicle is used. Cars left parked in the garage qualify for better rates compared to those used for work or business. Make sure your car insurance coverage is showing the proper vehicle usage. Incorrect usage on your Volt can cost quite a bit.
  • Lower rates come with age – Teen drivers are known to be careless and easily distracted in a vehicle so car insurance rates are higher. Mature drivers are more cautious drivers, statistically cause fewer accidents and tend to be better behind the wheel.

It’s not one size fits all

When choosing the best auto insurance coverage, there isn’t really a “perfect” insurance plan. Everyone’s needs are different.

For instance, these questions could help you determine whether your personal situation would benefit from an agent’s advice.

  • What is the difference between comprehensive and collision coverage?
  • Will my insurance pay for OEM parts?
  • Does my personal policy cover me when driving out-of-state?
  • Is my ex-spouse still covered by my policy?
  • What is UM/UIM insurance?
  • Do I need more liability coverage?
  • Is my 2014 Chevy Volt covered for smoke damage?
  • Do I have coverage when making deliveries for my home business?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Insurance coverages and their meanings

Having a good grasp of your policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Liability insurance

Liability insurance protects you from damage or injury you incur to people or other property. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Another option is one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like legal defense fees, pain and suffering, emergency aid, structural damage and medical services. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like hitting a parking meter, driving through your garage door, rolling your car and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers 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. Normally these coverages are identical to your policy’s liability coverage.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from getting keyed, fire damage and hail damage. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Insurance for medical payments

Med pay and PIP coverage pay for bills for things like ambulance fees, pain medications and funeral costs. They are used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

A penny saved is a penny earned

In this article, we presented many ideas to lower your 2014 Chevy Volt insurance rates. The key concept to understand is the more providers you compare, the higher the chance of saving money. You may even discover the best price on insurance coverage is with a smaller regional carrier.

Drivers who switch companies do it for many reasons like high rates after DUI convictions, policy non-renewal, extreme rates for teen drivers or even being labeled a high risk driver. It doesn’t matter why you want to switch switching insurance coverage companies can be pretty painless.

As you go through the steps to switch your coverage, it’s a bad idea to buy less coverage just to save a little money. Too many times, drivers have reduced full coverage only to discover later they didn’t have enough coverage. Your aim should be to buy enough coverage at a price you can afford while still protecting your assets.

To learn more, link through to the resources below: