Cheaper 1998 Chevrolet Cavalier Insurance Cost

I can’t think of a single person who looks forward to paying for insurance coverage, in particular when they are paying too much.

There are many auto insurance companies to purchase coverage from, and even though it’s nice to be able to choose, lots of choices makes it harder to find the best rates for your vehicles.

Consumers should take time to take a look at other company’s rates yearly because insurance rates go up and down regularly. Just because you had the lowest rates for Cavalier insurance on your last policy the chances are good that you can find a lower rate today. Don’t believe everything you read about insurance coverage on the internet, so we’re going to give you some great ideas on how to save money.

Chevy Cavalier insurance rates have many determining factors

Consumers need to have an understanding of the different types of things that come into play when calculating the rates you pay for insurance. Knowing what determines base rates empowers consumers to make smart changes that can help you get better insurance rates.

  • Women pay lower rates – Statistics show that women are safer drivers than men. However, don’t assume that women are BETTER drivers than men. They both are in accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. Men also tend to get more serious tickets like reckless driving and DUI.
  • Mature drivers pay less – More mature drivers tend to be more responsible, file fewer claims and are safer drivers. Teen drivers are known to get distracted easily when driving and because of this, their insurance rates are much higher.
  • Your credit rating is important – Your credit history is a large factor in determining your rates. So if your credit is not that good, you could save money insuring your 1998 Chevrolet Cavalier by spending a little time repairing your credit. People with excellent credit tend to be more responsible as compared to drivers with lower credit scores.
  • Do you need those extra coverages? – There are quite a few extra coverages that can waste your money on your Cavalier policy. Things like personal injury protection, accident forgiveness and additional equipment coverage are examples of these. They may seem good at first, but now you might not need them so remove them from your policy.
  • Pleasure use or commuting – The higher the mileage driven in a year’s time the more you will pay for insurance. Most insurance companies apply a rate based upon how you use the vehicle. Vehicles not used for work or commuting receive lower rates than those used for commuting. Improper usage on your Cavalier can result in significantly higher rates. Ask your agent if your insurance declarations sheet is showing the correct usage for each vehicle, because improper ratings can cost you money.
  • Liability coverage is cheap – The liability section of your policy will protect you in the event that you are found liable for personal injury or accident damage. Liability insurance provides you with a defense in court up to the limits shown on your policy. Liability is cheap compared to insuring for physical damage coverage, so drivers should carry high limits.

Policy discounts you shouldn’t miss

The cost of insuring your cars can be expensive, but there could be available discounts to reduce the price significantly. Some trigger automatically when you get a quote, but some must be asked for prior to receiving the credit.

  • Student Driver Training – Cut your cost by having your teen driver take driver’s ed class in high school.
  • Payment Method – If you pay your bill all at once instead of making monthly payments you could save 5% or more.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Chevy can qualify you for discounted rates on garaged vehicles.
  • Memberships – Affiliation with a civic or occupational organization could qualify you for a break when buying insurance coverage for Cavalier insurance.
  • Military Rewards – Being deployed with a military unit could mean lower rates.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and will save you 10% or more.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
  • Bundle and Save – If you have multiple policies with one company you could get a discount of 10% to 20% off each policy.
  • Paperwork-free – Certain companies will discount your bill up to fifty bucks for buying your policy over the internet.

A little note about advertised discounts, some credits don’t apply the the whole policy. Most only cut individual premiums such as liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, companies don’t profit that way. Any amount of discount will cut the cost of coverage.

For a list of insurance companies with discount insurance coverage rates, click here to view.

Do drivers who switch really save?

GEICO, State Farm and Progressive continually stream ads on TV and radio. All the companies make the same claim that you can save after switching to them. How can each company claim to save you money?

All companies have a certain “appetite” for the type of driver that earns them a profit. For instance, a preferred risk could be over the age of 50, has no driving citations, and chooses high deductibles. A customer who meets those qualifications will get very good rates and as a result will probably pay quite a bit less when switching companies.

Potential customers who don’t qualify for these standards will be charged a more expensive rate and ends up with the customer not buying. The ad wording is “people who switch” not “people who quote” save that much money. This is how insurance companies can confidently make the claims of big savings.

That is why drivers should get as many quotes as possible. You cannot predict which insurance company will fit your personal profile best.

Insurance agents can help

When buying coverage for your vehicles, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions might point out whether you would benefit from professional advice.

  • Is a fancy paint job covered?
  • Am I covered if I break a side mirror?
  • Why am I required to buy liability insurance?
  • Why is insurance for a teen driver so high?
  • Is a new car covered when I drive it off the dealer lot?
  • How much liability do I need to cover my assets?
  • If my 1998 Chevy Cavalier is totaled, can I afford another vehicle?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can my teen drive my company car?
  • Can I rate high risk drivers on liability-only vehicles?

If you’re not sure about those questions, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Car insurance specifics

Understanding the coverages of a car insurance policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. These are the normal coverages found on the average car insurance policy.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like funeral costs, dental work, hospital visits and prosthetic devices. They can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

Uninsured or underinsured coverage – This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Chevy Cavalier.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these coverages are similar to your liability insurance amounts.

Auto liability – This coverage provides protection from damage that occurs to other people or property by causing an accident. It protects you against claims from other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like attorney fees, loss of income and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.

Comprehensive protection – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like a tree branch falling on your vehicle, falling objects and a broken windshield. The highest amount a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

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

Collision insurance covers claims like sideswiping another vehicle, damaging your car on a curb, colliding with a tree and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Saving money makes a lot of cents

As you shop your coverage around, you should never skimp on critical coverages to save a buck or two. There are too many instances where someone dropped physical damage coverage and learned later that the savings was not a smart move. Your strategy should be to buy enough coverage at a price you can afford.

We covered some good ideas how to shop for 1998 Chevy Cavalier insurance online. It’s most important to understand that the more rate comparisons you have, the better likelihood of reducing your rate. Drivers may discover the best price on auto insurance is with the least-expected company. These smaller insurers often have lower prices on specific markets than their larger competitors like Allstate, GEICO and Progressive.

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