A recent survey discovered that the majority of drivers renewed their policy with the same company for over three years, and just short of a majority have never compared quotes from other companies. Most drivers in the United States can save nearly $850 each year just by getting comparison quotes, but they just feel it’s too hard to do a rate comparison.
If your goal is the lowest price, then the best way to get cheaper Chevy Cavalier insurance is to start doing an annual price comparison from companies in Lincoln.
- Learn about how your policy works and the things you can control to keep rates in check. Many policy risk factors that increase rates such as traffic violations, accidents, and a negative credit rating can be controlled by making minor driving habit or lifestyle changes. Later in this article we will cover tips to help keep rates affordable and find discounts that may have been missed.
- Quote rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can give quotes from a single company like GEICO or State Farm, while independent agents can quote rates from multiple sources.
- Compare the new quotes to your existing rates to determine if you can save on Cavalier insurance. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.
- Give proper notification to your current agent or company of your intention to cancel your existing policy and submit the application along with any required down payment for your new policy. Once the application is submitted, put the new certificate verifying proof of insurance above your visor, in the console, or in the glove compartment.
The critical component of shopping around is that you’ll want to compare the same coverage limits and deductibles on each quote request and to quote with as many carriers as you can. Doing this guarantees a level playing field and a complete rate analysis.
Most larger insurance companies like Allstate, GEICO and Progressive give coverage price quotes online. Getting quotes for Chevy Cavalier insurance in Lincoln is fairly simple as you just type in your personal and coverage information into the quote form. After you submit the form their system automatically retrieves your credit score and driving record and returns a price based on the data you entered. Quoting online for Chevy Cavalier insurance in Lincoln streamlines rate comparisons, and it’s very important to get many rate quotes if you want to find the lowest possible payments on car insurance.
To compare pricing, visit the companies below or click here to submit a quote request to multiple companies at once. To compare your current rates, we recommend you enter the coverage information as shown on your current policy. This ensures you will receive rate quotes based on identical coverages.
The providers in the list below can provide comparison quotes in Lincoln, NE. To find cheaper car insurance in Nebraska, we recommend you get price quotes from several of them in order to get a fair rate comparison.
Why insurance is not optional
Even though it can be expensive, paying for insurance is required in Nebraska but also provides important benefits.
- Almost all states have compulsory liability insurance requirements which means state laws require specific limits of liability if you don’t want to risk a ticket. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you took out a loan on your Cavalier, it’s guaranteed your bank will make it a condition of the loan that you carry insurance to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your Chevy for a much higher rate and force you to pay a much higher amount than you were paying before.
- Insurance protects your Chevy Cavalier and your assets. Insurance will pay for many types of medical costs for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if you are sued as the result of an accident. If damage is caused by hail or an accident, your insurance policy will cover the damage repairs after a deductible is paid.
The benefits of having insurance are definitely more than the cost, particularly for liability claims. According to a 2015 survey, the average American driver overpays more than $865 each year so compare rates at every policy renewal to ensure rates are competitive.
Specific coverages for a Chevy Cavalier
Learning about specific coverages of a insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverages available from insurance companies.
Comprehensive (Other than Collision)
This pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like damage from flooding, hitting a deer, damage from getting keyed, fire damage and vandalism. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Medical expense insurance
Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like rehabilitation expenses, doctor visits and nursing services. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Collision coverage protection
This coverage will pay to fix damage to your Cavalier resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims such as hitting a parking meter, colliding with another moving vehicle, crashing into a building and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. You can also bump up the deductible on your Cavalier in order to get cheaper collision rates.
Protection from uninsured/underinsured drivers
This coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Chevy Cavalier.
Due to the fact that many Nebraska drivers have only the minimum liability required by law (25/50/25 in Nebraska), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.
Liability insurance
This coverage will cover damages or injuries you inflict on people or other property by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged property.
Liability can pay for things such as repair bills for other people’s vehicles, legal defense fees, emergency aid, attorney fees and medical services. How much coverage you buy is up to you, but consider buying higher limits if possible. Nebraska requires drivers to carry at least 25/50/25 but you should consider buying better liability coverage.
The next chart shows why low liability limits may not be enough coverage.