How to Slash Your Chevy Camaro Car Insurance Rates

Feel like you’re a prisoner to high-priced car insurance? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out. Big companies like State Farm and GEICO persitently shower you with ad campaigns and it can be hard to avoid their marketing magic and take the time to shop coverage around.

If you have a policy now or are looking for a new policy, you can learn to cut your premiums and still get good coverage. Finding affordable coverage is not that difficult. Drivers only need an understanding of how to compare company rates on the web.

Fast and Easy Car Insurance Quotes

Finding cheaper car insurance prices is actually quite simple. All you need to do is take the time to compare quotes provided by online insurance companies. This is very easy and can be done in several different ways.

The recommended way to get the best comparison quotes is a comparison rater form click to view form in new window. This easy form saves time by eliminating boring form submissions for each company. One quote request will return price quotes instantly.
A more time consuming way to obtain and compare quotes online consists of visiting the website for each individual company to complete a price quote. For instance, let’s assume you want to compare rates from Auto-Owners, Farmers and Liberty Mutual. To get rate quotes you would need to visit each site and enter your policy data, which is why the first method is more popular.
For a list of links to companies insuring cars in your area, click here.
The most time-consuming way to compare rates is to waste gas driving to insurance agents’ offices. The internet eliminates the need for an insurance agent unless you want the professional guidance of a local agent. It is possible to compare online quotes and still use a local agent.

It doesn’t matter which method you choose, just make sure you use identical coverage limits and deductibles for each comparison quote. If you have different limits and deductibles on each one it’s impossible to make a fair comparison for your Chevy Camaro.

Discounts can save BIG

Auto insurance companies do not list all available discounts in a way that’s easy to find, so we break down both the well known and the harder-to-find car insurance savings. If you aren’t receiving every discount available, you are paying more than you should be.

Distant Student – Any of your kids living away from home attending college and do not have a car can be insured at a reduced rate.
Sign Online – Certain companies give back up to $50 for buying your policy digitally online.
Discount for Swiching Early – Some insurance companies reward drivers for switching to them before your current policy expires. The savings is around 10%.
Braking Control Discount – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
Club Memberships – Affiliation with certain professional organizations may earn a discount on your policy for Camaro coverage.
New Car Discount – Adding a new car to your policy can save up to 30% because new vehicles have to meet stringent safety requirements.
Good Student – A discount for being a good student can save 20 to 25%. The good student discount can last until age 25.
Life Insurance Discount – Some companies give a break if you buy auto and life insurance together.

As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. Most cut individual premiums such as medical payments or collision. So even though it sounds like you could get a free car insurance policy, you’re out of luck.

To see a list of providers offering car insurance discounts, follow this link.

Chevy Camaro insurance rates have many determining factors

It’s important that you understand some of the elements that help determine your car insurance rates. Knowing what determines base rates empowers consumers to make smart changes that may reward you with lower car insurance prices. Auto insurance in

The following are a partial list of the pieces used by your company to calculate rates.

Liability coverage protects you – Your policy’s liability coverage provides coverage if ever a jury decides you are liable for personal injury or accident damage. Liability insurance provides for a legal defense which can cost thousands of dollars. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
Do you work long hours in a high stress job? – Occupations such as real estate brokers, architects and dentists are shown to have the highest average rates because of job stress and long work days. Other occupations like pilots, historians and retirees pay the least for Camaro coverage.
Traffic citations inflate rates – Your driving citation history has a huge affect on how much you pay. Good drivers get better rates than their less careful counterparts. Even a single citation can increase rates forty percent or more. Drivers who have dangerous citations like DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent a license revocation.
Lower miles equals lower premium – Driving more miles in a year’s time the more you’ll pay to insure your vehicle. The majority of insurers rate vehicles based upon how you use the vehicle. Cars and trucks used primarily for pleasure use can get a lower rate than those used for commuting. Double check that your car insurance coverage properly reflects the proper vehicle usage, because it can save money. Incorrect usage on your Camaro may be costing you.
Always keep insurance in force – Driving your car without having proper coverage is a misdemeanor and as a result your rates will increase for letting your coverage have a gap. Not only will you pay more, getting caught without coverage will get you a revoked license or a big fine.
Policy add-ons can waste money – There are a lot of add-on coverages that can waste your money when buying car insurance. Coverages like roadside assistance, accident forgiveness and motor club memberships are some examples. These may sound like a good investment when you first buy your policy, but if you don’t need them get rid of them and save.
Men fork out a little more – Statistics show women are more cautious behind the wheel. However, this does not mean women are better drivers. Both sexes are in accidents in similar percentages, but men have costlier accidents. Men also get cited for more serious violations such as DWI and reckless driving. Youthful male drivers are the most expensive to insure and therefore have the most expensive car insurance rates.
Your car’s features help determine rates – Purchasing a vehicle with an alarm system can get you a discount on your car insurance. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping car theft.

What about using a local agent?

Certain consumers would prefer to buy from a local agent and that is just fine! Professional agents can point out coverage gaps and give you peace of mind. The best thing about comparing rates online is you can get the lowest rates but also keep your business local.

To make it easy to find an agent, after completing this form (opens in new window), your coverage information is immediately sent to local insurance agents who will return price quotes for your insurance coverage. There is no need to visit any agencies as quotes are delivered straight to your inbox. It doesn’t get any easier!

Picking an insurance company requires more thought than just the premium amount. Here are some questions to ask:

If you have an accident, will your rates go up?
Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
Is working in the agency their full-time job?
Which company do they place the most coverage with?
What insurance companies do they recommend if they are an independent agent?
Which insurance companies are they affiliated with?
How often do they review policy coverages?

Two types of auto insurance agents

When finding a local agent, there are two different agency structures that differ in how they can insure your vehicles. Agencies are classified as either captive or independent (non-captive). While both can insure your vehicles, but it’s good to learn how they are different because it can impact your agent selection.

Agency Captives

Captive agencies work for only one company such as Allstate, Farmers Insurance, State Farm and AAA. These agents are not able to compare other company’s rates so they have no alternatives for high prices. They are trained well on the products they sell which helps them compete with independent agents.

Independent Insurance Agents

Independent agents are not employed by any specific company so they have the ability to put coverage with many different companies enabling the ability to shop coverage around. If your agent finds better pricing, an independent agent can move your coverage and you don’t have to find a new agent. When shopping rates, you should always contact multiple independent agents for maximum quote selection.

To view a full list of car insurance agents, click here.

Once you have positive responses to any questions you have and locked in a price quote, you may have just found an insurance agent that will adequately provide car insurance.

In conclusion

When buying insurance coverage, it’s very important that you do not buy lower coverage limits just to save a few bucks. There have been many situations where consumers will sacrifice physical damage coverage to discover at claim time that they should have had better coverage. Your strategy should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

Budget-conscious Chevy Camaro insurance can be purchased both online as well as from independent agents, so you should compare both so you have a total pricing picture. A few companies don’t offer online quoting and most of the time these smaller companies sell through independent agents.