Astonishing but true, 70% of consumers kept buying from the same company for a minimum of four years, and 38% of customers have never shopped around. Long Beach drivers could cut their rates by as much as 35% a year, but they just don’t understand the big savings they would realize if they changed companies.
If saving money is your primary concern, then the best way to find low-cost auto insurance rates is to compare prices annually from different companies who provide car insurance in Long Beach. Price quotes can be compared by following these guidelines.
- Step 1: Try to understand how car insurance works and the things you can control to keep rates low. Many rating factors that result in higher prices like tickets, at-fault accidents, and a substandard credit score can be remedied by making small lifestyle or driving habit changes. Read the full article for more information to prevent high rates and find discounts that you may qualify for.
- Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from a single company like Progressive or Allstate, while agents who are independent can quote rates from multiple insurance companies.
- Step 3: Compare the price quotes to your current policy premium and see if you can save money. If you can save some money, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Step 4: Provide adequate notice to your current company of your intent to cancel the current policy and submit a signed application and payment for your new policy. Make sure you safely store the proof of insurance paperwork in your glove compartment.
The key aspect of shopping around is to use the same amount of coverage on every price quote and and to look at as many companies as you can. This enables an apples-to-apples comparison and plenty of rates choose from.
Chevy Aveo insurance rates and statistics
The information shown below highlights a range of policy rates for Chevy Aveo models. Being aware of how auto insurance premiums are established can assist in making informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $366 | $914 | $574 | $34 | $172 | $2,060 | $172 |
| Aveo LS 4-Dr Sedan | $366 | $914 | $574 | $34 | $172 | $2,060 | $172 |
| Aveo LT 4-Dr Hatchback | $412 | $914 | $574 | $34 | $172 | $2,106 | $176 |
| Aveo LT 4-Dr Sedan | $412 | $914 | $574 | $34 | $172 | $2,106 | $176 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Price estimates do not factor in garaging location in Long Beach which can modify auto insurance rates substantially.
Comparison of policy deductibles
A question often asked by Long Beach drivers is the level to set your comp and collision deductibles. The data tables below can help you visualize the costs and benefits when you select higher and lower policy deductibles. The first table uses a $100 deductible for comprehensive and collision coverage and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $380 | $810 | $442 | $26 | $132 | $1,815 | $151 |
| Aveo LS 4-Dr Sedan | $380 | $810 | $442 | $26 | $132 | $1,815 | $151 |
| Aveo LT 4-Dr Hatchback | $430 | $810 | $442 | $26 | $132 | $1,865 | $155 |
| Aveo LT 4-Dr Sedan | $430 | $810 | $442 | $26 | $132 | $1,865 | $155 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $210 | $426 | $442 | $26 | $132 | $1,236 | $103 |
| Aveo LS 4-Dr Sedan | $210 | $426 | $442 | $26 | $132 | $1,236 | $103 |
| Aveo LT 4-Dr Hatchback | $238 | $426 | $442 | $26 | $132 | $1,264 | $105 |
| Aveo LT 4-Dr Sedan | $238 | $426 | $442 | $26 | $132 | $1,264 | $105 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Rates do not factor in specific zip code location which can increase or decrease coverage prices significantly.
Using the data above, we can ascertain that using a $100 deductible would cost the average driver about $49 more each month or $588 for a full year averaged for all Aveo models than buying the higher $1,000 deductible. Because you would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average more than 18 months between claims, you would probably save some money by selecting a higher deductible.
Calculation for raising deductibles
| Average monthly premium for $100 deductibles: | $153 |
| Average monthly premium for $1,000 deductibles (subtract): | – $104 |
| Monthly savings from raising deductible: | $49 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $49 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 18 months |
Informed Drivers Can Lower Insurance Rates
A large part of saving on car insurance is knowing some of the things that help determine the price you pay for car insurance. If you understand what impacts premium levels, this allows you to make good choices that can help you get much lower annual insurance costs. Many different elements are part of the equation when quoting car insurance. Some are obvious such as your driving history, but others are less obvious like where you live or how safe your car is.
Bundle policies to earn discounts – The majority of insurers will award lower prices to policyholders who have multiple policies with them. It’s known as a multi-policy discount. Even if you’re getting this discount drivers will still want to shop around to ensure the best deal. You may still be able to save money by buying insurance from more than one company.
Cautious drivers have lower rates – Whether or not you get tickets has a huge affect on how much you pay. Getting just one moving violation can boost insurance rates to the point where it’s not affordable. Good drivers pay less for auto insurance compared to drivers with tickets. Drivers who have gotten flagrant violations such as DUI or willful reckless driving may need to prove financial responsibility with the DMV in their state in order to prevent a license revocation.
The chart below illustrates how violations and fender-benders can increase Chevy Aveo car insurance rates for each different age group. The data assumes a married female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are taken into consideration.
Does your employer raise your rates? – Occupational choices like military generals, architects, and dentists generally pay higher premiums than the average policyholder because of intense work situations and lots of time spent away from family. On the flip side, careers like scientists, students and retirees get better rates.
Pay more if you have a long commute – Living in smaller towns and rural areas of the country has definite advantages when buying car insurance. People who live in big cities regularly have more auto accidents and more time behind the wheel. Fewer drivers and short commutes corresponds to lower accident rates as well as less vandalism and auto theft.
Cheap auto insurance premiums are possible
Consumers switch companies for a number of reasons such as unfair underwriting practices, poor customer service, lack of trust in their agent or questionable increases in premium. Whatever your reason, choosing a new insurance company is not as difficult as it may seem.
We just presented a lot of ways to get a better price on Chevy Aveo insurance in Long Beach. The key thing to remember is the more times you quote, the higher the chance of saving money. Consumers may even find the biggest savings come from a smaller regional carrier.
Discount Chevy Aveo insurance in Long Beach can be found both online as well as from insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some companies may not offer online price quotes and usually these regional insurance providers only sell coverage through independent agencies.
For more information, take a look at the resources below:
- State Car Insurance Guides (GEICO)
- Who Has Cheap Car Insurance Quotes for a Toyota Highlander in Long Beach? (FAQ)
- What Insurance is Cheapest for a Honda Accord in Long Beach? (FAQ)
- How Much is Auto Insurance for Police Officers in Long Beach? (FAQ)
- Who Has the Cheapest Long Beach Auto Insurance for a 20 Year Old Female? (FAQ)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
- Young Drivers: The High Risk Years Video (iihs.org)