Save on Chevy Traverse Insurance in Five Minutes or Less

I can’t think of a single person who enjoys paying for car insurance, especially knowing their premiums are through the roof.

Insurance companies such as GEICO, Farmers Insurance and State Farm all claim big savings with advertising and consumers find it hard to see through the deception and find the best price available.

Consumers need to take a look at other company’s rates periodically since rates tend to go up over time. If you had the best deal on Traverse insurance two years ago the chances are good that you can find a lower rate today. Starting now, forget anything you know (or think you know) about car insurance because you’re going to get a crash course in the proper way to lower your annual insurance bill.

If you have car insurance now, you stand a good chance to be able to cut costs considerably using these methods. Finding the best rates is not that difficult. Nevertheless, consumers can benefit by having an understanding of the methods companies use to price online insurance and take advantage of how the system works.

Factors that can influence insurance rates for a Chevy Traverse

Consumers need to have an understanding of the rating factors that come into play when calculating the price you pay for car insurance. When you know what positively or negatively influences your rates allows you to make educated decisions that may reward you with better car insurance rates.

The list below includes a partial list of the pieces companies use to determine rates.

• Liability coverage is cheap – The liability section of your policy is the coverage that protects you in the event that a jury decides you are liable for personal injury or accident damage. Liability insurance provides legal defense which can be incredibly expensive. Liability is cheap compared to insuring for physical damage coverage, so drivers should carry high limits.
• Where do you drive? – The more you drive each year the more you will pay for car insurance. Almost all companies rate vehicles based upon how you use the vehicle. Cars and trucks left parked in the garage qualify for better rates than those used for commuting. If your policy improperly rates your Traverse may be wasting your money. Make sure your car insurance policy properly reflects the correct driver usage.
• Are you male or female? – The statistics show that women are safer drivers than men. However, don’t assume that women are better drivers. They both are in accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also get more serious tickets like DUI and reckless driving.
• Tickets mean higher rates – Your driving record has a lot to do with how much you pay for insurance. Careful drivers receive lower rates than people who have multiple driving citations. Even a single moving violation can boost insurance rates by twenty percent. Drivers who get severe violations such as reckless driving, hit and run or driving under the influence may be required to file a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
• Your occupation can affect rates – Did you know that where you work can have an impact on rates? Occupations like lawyers, executives and dentists tend to have the highest average rates attributed to high stress levels and long work hours. Other occupations such as scientists, historians and homemakers receive lower rates on Traverse insurance.

Comparison of Car Insurance

There are several ways to get quotes from car insurance companies in your area. The recommended way to find competitive Chevy Traverse insurance rates is to use the internet to compare rates. It is quite easy and can be accomplished in a couple of different ways.

The fastest way to get quotes is an all-inclusive rate comparison (click to open form in new window). This method saves time by eliminating separate forms for each company you want a rate for. Taking the time to complete one form compares rates from multiple companies.

A harder way to compare prices requires a visit to the website for every company you want to comare and request a quote. For examples sake, we’ll assume you want comparison quotes from Farmers, Liberty Mutual and Progressive. You would have to visit each site to enter your coverage information, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.

Whichever way you use, be sure to compare apples-to-apples coverage limits and deductibles for each price quote. If the quotes have unequal deductibles or liability limits it will be next to impossible to make an equal comparison. Having just a slight variation in limits may result in a large different in cost. It’s important to know that getting more free quotes helps you find better pricing.

Don’t overlook these discounts

Insuring your fleet can be pricey, buy you may qualify for discounts to cut the cost considerably. Certain discounts will be applied when you purchase, but a few need to be requested specifically before being credited.

• Bundle and Save – When you have multiple policies with one insurance company you may save at least 10% off all policies.
• Military Discounts – Having a deployed family member could be rewarded with lower premiums.
• Accident Forgiveness – Certain companies will allow you to have one accident before your rates go up so long as you haven’t had any claims for a set time period.
• Safety Course Discount – Completing a course teaching defensive driving skills could save 5% or more and easily recoup the cost of the course.
• Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. This discount can apply up to age 25.
• Driver’s Ed – Have your child complete a driver education course if it’s offered in school.

As a disclaimer on discounts, most discounts do not apply the the whole policy. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Just because you may think it’s possible to get free car insurance, you won’t be that lucky. Any qualifying discounts will bring down the amount you have to pay.

The best insurance company isn’t always the cheapest

We’ve covered a lot of ways to get a better price on Chevy Traverse insurance. The key thing to remember is the more price quotes you have, the better chance you’ll have of finding lower rates. You may even find the lowest priced car insurance comes from some of the smallest insurance companies. Regional companies may have significantly lower rates on certain market segments compared to the large companies like Allstate and Progressive.

When buying insurance coverage, it’s very important that you do not skimp on coverage in order to save money. In too many instances, an accident victim reduced comprehensive coverage or liability limits only to discover later that they should have had better coverage. Your strategy should be to buy enough coverage at an affordable rate while not skimping on critical coverages.