Save on Chevy Corvette Insurance in Bakersfield

If saving money is your primary concern, then the best way to get cheaper auto insurance rates is to begin comparing prices regularly from insurance carriers in Bakersfield.

• Step 1: Try to learn a little about what is in your policy and the factors you can control to prevent high rates. Many factors that are responsible for high rates like accidents, traffic tickets, and bad credit can be amended by making minor changes to your lifestyle. Later in this article we will cover tips to get cheaper coverage and find possible discounts that are available.
• Step 2: Compare price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only give rate quotes from one company like Progressive or Farmers Insurance, while independent agents can quote prices for many different companies. View prices
• Step 3: Compare the quotes to your existing policy and see if you can save money. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.

A good tip to remember is that you use similar limits and deductibles on each quote and and to compare as many different companies as possible. Doing this guarantees an apples-to-apples comparison and a complete selection of prices.

Unfortunately, the vast majority of car insurance customers have been with the same company for a minimum of four years, and 38% of customers have never compared rate quotes at all. Most drivers in Bakersfield can save hundreds of dollars each year, but most undervalue how much money they would save if they changed companies.

There are several ways to obtain and compare prices from different Bakersfield insurance companies. One of the best ways to find affordable Chevy Corvette insurance rates is to perform an online rate comparison.

Comparing free rates online is easy and it, makes it obsolete to drive around to local Bakersfield insurance agencies. The ability to buy insurance online eliminates this option unless you’re the type of person who wants the trained advice of a local agency. Although, it is possible get the lowest quotes online but purchase the actual policy in an agency. Just keep in mind that more quotes helps improve the odds of finding better pricing.

The companies shown below provide comparison quotes in Bakersfield, CA. If multiple companies are shown, we recommend you get rates from several of them in order to get a fair rate comparison.

Why you need quality insurance for your Chevy Corvette

Even though Bakersfield Corvette insurance rates can get expensive, insurance is most likely required but also gives you several important benefits.

First, almost all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a minimum amount of liability in order to drive the car. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if your car has a loan, most lenders will require that you have full coverage to guarantee payment of the loan. If the policy lapses, the lender may insure your Chevy at a more expensive rate and require you to pay the higher price.

Third, auto insurance preserves both your Chevy and your personal assets. It will also reimburse you for most medical and hospital costs that are the result of an accident. Liability insurance will also pay for a defense attorney if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.

The benefits of having auto insurance definitely exceed the price paid, especially for larger claims. The average driver in America overpays as much as $820 a year so shop around at every renewal to ensure rates are inline.

Coverage statistics and figures

The rate table displayed next showcases detailed analysis of coverage costs for Chevy Corvette models. Having a good grasp of how prices are formulated can aid in making informed purchases.

Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Rate quotes do not factor in specific garaging location which can impact rates significantly.

Auto insurance deductibles

One common question asked by Bakersfield drivers is how high should your deductibles be. The comparisons below lay out the price difference between high and low physical damage deductibles. The first data table uses a $250 physical damage deductible and the second pricing table uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Rate quotes do not factor in vehicle location which can impact coverage rates significantly.

Using the premium rates above, we can conclude that using a $250 deductible costs an average of $55 more each month or $660 for a full year across all Chevrolet Corvette models than quoting the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at a minimum 14 months between claim filings, you would probably come out ahead if you opt for a higher deductible. Below is a better example of how you can decide this on your own policy.

Check for these discounts

Car insurance is not cheap, but you may find discounts that many consumers don’t even know exist. Larger premium reductions will be automatically applied at the time you complete a quote, but some may not be applied and must be manually applied before being credited. If you are not receiving all the discounts possible, you are not getting the best rate possible.

• Early Payment Discounts – If you can afford to pay the entire bill rather than spreading payments over time you can avoid the installment charge.
• Seat Belts Save – Drivers who require all vehicle occupants to buckle up before driving can save up to 15% on medical payment and PIP coverage.
• Online Discount – Certain companies give back up to $50 for buying your policy on the web.
• ABS and Traction Control Discounts – Cars that have steering control and anti-lock brakes can stop better under adverse conditions and will save you 10% or more on Corvette insurance in Bakersfield.
• Senior Discount – Seniors may receive reduced rates.
• Early Signing – Some companies give discounts for renewing your policy before your current coverage expires. It can save you around 10%.
• Accident Free – Drivers with accident-free driving histories can earn big discounts in comparison with frequent claim filers.

One last thing about discounts, most credits do not apply to the entire cost. The majority will only reduce individual premiums such as collision or personal injury protection. Despite the appearance that you would end up receiving a 100% discount, it doesn’t quite work that way.

The example below illustrates the difference between Chevy Corvette premium costs with and without discounts applied to the policy premium. Data assumes a female driver, no tickets, no at-fault accidents, California state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, homeowner, claim-free, marriage, and multi-policy discounts applied.

To see a list of insurers that provide some of the discounts listed above in Bakersfield, click here.

Insurance agent or online?

Some consumers still prefer to go talk to an agent and there is nothing wrong with that. One of the benefits of comparing insurance prices online is you can get cheap auto insurance quotes and still have an agent to talk to. And buying from local agents is important especially in Bakersfield.

Once you complete this form (opens in new window), your information is submitted to local insurance agents that give free quotes for your business. You won’t even need to contact any agents because prices are sent to you directly. You’ll get the best rates without the usual hassles of price shopping. If you need to quote rates from a specific insurance company, you can always navigate to their website and fill out the quote form the provide.

Independent or Exclusive: It’s your choice

If you would like to find a reliable insurance agency, you need to know there are two different agency structures that differ in how they can insure your vehicles. Bakersfield agents can either be exclusive or independent (non-exclusive).

Independent Agencies or Brokers

Agents of this type can quote rates with many companies so as a result can place your coverage through lots of different companies and potentially find a lower price. If they find a lower price, your agent can switch companies and you can keep the same agent.

When comparing rates, it’s a good idea to get several quotes from at a minimum one independent agency to ensure the widest selection of prices.

Listed below are Bakersfield independent agencies that may be able to give you pricing information.

View more Bakersfield agents

Exclusive Agencies

These type of agents generally can only insure with one company and some examples include American Family, State Farm, and Allstate. They are unable to place coverage with different providers so they are skilled at selling on more than just price. Exclusive agents are well schooled on their products and sales techniques which helps them compete with independent agents.

The following is a list of exclusive agents in Bakersfield that are able to give rate quotes.

View more Bakersfield agents

Choosing the best insurance agent shouldn’t rely on just a cheap price quote. Any agent in Bakersfield should be willing to answer these questions.

• Do they have a Better Business Bureau rating in Bakersfield?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• Is working in the agency their full-time job?
• Which insurance companies are they affiliated with?
• Do they have any clout with companies to ensure a fair claim settlement?

Situations that may require an agent’s advice

When it comes to choosing coverage for your vehicles, there really is no one size fits all plan. Everyone’s situation is unique.

For example, these questions can aid in determining if your situation will benefit from professional help.

• Am I getting all the discounts available?
• Do all my vehicles need collision coverage?
• How many claims can I have before being canceled?
• Does my medical payments coverage pay my health insurance deductible?
• How much underlying liability do I need for an umbrella policy?
• What is PIP insurance?
• Is my Chevy Corvette covered for smoke damage?
• Is business equipment covered while in my vehicle?
• Is a new car covered when I drive it off the dealer lot?
• What is glass protection for?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Find cheaper car insurance prices by comparing often

Insureds change insurance companies for a variety of reasons including high rates after DUI convictions, denial of a claim, lack of trust in their agent or policy cancellation. It doesn’t matter what your reason, choosing a new company is easier than you think.

While you’re price shopping online, it’s very important that you do not skimp on critical coverages to save a buck or two. In many instances, an accident victim reduced comprehensive coverage or liability limits and learned later that it was a big mistake. Your objective should be to get the best coverage possible at the best possible price while still protecting your assets.

You just read some good ideas how to reduce Chevy Corvette insurance prices online in Bakersfield. The key concept to understand is the more rate quotes you have, the better likelihood of getting the cheapest Chevrolet Corvette rate quotes. You may even be surprised to find that the best prices are with the smaller companies.

Helpful learning opportunities

• Vehicle Insurance in the U.S. (Wikipedia)
• Who Has Cheap Car Insurance Rates for Felons in Bakersfield? (FAQ)
• What Insurance is Cheapest for State Employees in Bakersfield? (FAQ)
• Who Has Affordable Car Insurance Quotes for Business Use in Bakersfield? (FAQ)
• Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
• Child Safety FAQ (iihs.org)
• What is a Telematics Device? (Allstate)