Unbelievably, about 70% of customers have bought insurance from the same company for at least the last four years, and almost half have never compared quotes from other companies. Drivers in Greensboro could save about $94 a year, but they don't know the rate savings if they switched to a cheaper policy.
If you want to find the absolute lowest rates, then the best way to find cheaper quotes for Chevy Uplander insurance is to make a habit of regularly comparing prices from insurers who can sell car insurance in Greensboro. You can compare rates by completing these steps.
First, take a little time to learn about how companies price auto insurance and the things you can change to lower rates. Many policy risk factors that drive up the price such as getting speeding tickets and a substandard credit score can be eliminated by making lifestyle changes or driving safer.
Second, quote rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like Progressive and State Farm, while independent agents can provide price quotes for a wide range of companies. Click to view companies
Third, compare the new quotes to your existing coverage to determine if you can save on Uplander insurance. If you can save money and switch companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
Fourth, provide notification to your current agent or company of your decision to cancel your current policy. Submit a down payment along with a completed application for your new coverage. As soon as you receive it, safely store the proof of insurance paperwork in your glove compartment.
An important note is to try to compare identical coverages on each price quote and and to get price quotes from as many car insurance companies as possible. This enables an apples-to-apples comparison and many rates to choose from.
To get low cost Greensboro auto insurance quotes, there a variety of ways to compare rate quotes from different companies. The easiest way by far to find competitive Chevy Uplander insurance rates consists of obtaining rate quotes online.
Comparing rate quotes online is fast and free, and it replaces the need to call or drive to different Greensboro agent offices. The ability to get quotes online has reduced the need for local agents unless you have a complicated situation and need the personal advice that only an agent can give. Although you can obtain prices from the web but still have the advice of a local agent. When price shopping your coverage, comparing a large number of companies helps you find the best rates. Some smaller insurers do not give online rate quotes, so it's important to also get rates from those companies as well.
The following companies are ready to provide free quotes in Greensboro, NC. If you wish to find cheap car insurance in NC, it's a good idea that you visit several of them to find the cheapest auto insurance rates.
Three reasons to insure your Uplander
Despite the high cost of buying insurance for a Chevy Uplander in Greensboro, insurance is required in North Carolina but it also protects you in many ways.
- Just about all states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability insurance in order to be legal. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your Chevy Uplander with a loan, more than likely the lender will force you to have comprehensive coverage to guarantee payment of the loan. If you default on your policy, the bank or lender will purchase a policy for your Chevy for a lot more money and make you pay for the expensive policy.
- Insurance protects both your vehicle and your assets. Insurance will also pay for many types of medical costs for both you and anyone you injure as the result of an accident. Liability coverage also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If your Chevy gets damaged, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.
The benefits of carrying enough insurance more than offset the price you pay, particularly for liability claims. Today the average American driver is currently overpaying as much as $825 a year so it's important to compare rates at every renewal to ensure rates are inline.
Auto insurance 101
Learning about specific coverages of insurance aids in choosing appropriate coverage for your vehicles. Insurance terms can be difficult to understand and coverage can change by endorsement. Listed below are the usual coverages found on most insurance policies.
This coverage provides protection from damage or injury you incur to people or other property in an accident. This coverage protects you from legal claims by others. Liability doesn't cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 30/60/25 that means you have a $30,000 limit per person for injuries, a total of $60,000 of bodily injury coverage per accident, and property damage coverage for $25,000.
Liability coverage pays for claims like repair bills for other people's vehicles, medical expenses, emergency aid and loss of income. How much liability coverage do you need? That is your choice, but buy as large an amount as possible. North Carolina state minimum liability requirements are 30/60/25 but you should consider buying more coverage.
The chart below shows why buying minimum limits may not be high enough to adequately cover claims.
Medical expense coverage
Med pay and PIP coverage pay for bills like nursing services, chiropractic care and X-ray expenses. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state and may carry a deductible
Collision coverage pays for damage to your Uplander caused by collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for things such as colliding with a tree, driving through your garage door, sideswiping another vehicle, backing into a parked car and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It's also possible to raise the deductible on your Uplander to get cheaper collision coverage.
Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as hitting a bird, a broken windshield, hitting a deer, falling objects and theft. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.
Uninsured or underinsured coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as your vehicle's damage.
Because many people only purchase the least amount of liability that is required (North Carolina limits are 30/60/25), their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
Best car insurance company in Greensboro
Choosing the top company can be challenging considering how many different companies insure vehicles in North Carolina. The ranking data shown below could help you select which insurers you want to consider when comparing rate quotes.
Top 10 Greensboro Car Insurance Companies by A.M. Best Rank
- Travelers - A++
- USAA - A++
- GEICO - A++
- State Farm - A++
- Titan Insurance - A+
- Esurance - A+
- Progressive - A+
- Nationwide - A+
- The Hartford - A+
- Allstate - A+
Top 10 Greensboro Car Insurance Companies Ranked by Customer Service
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
Cheaper insurance is a realistic goal
We just covered a lot of information how to find cheaper Chevy Uplander insurance in Greensboro. The most important thing to understand is the more quotes you get, the higher the chance of saving money. You may even discover the best car insurance rates are with a company that doesn't do a lot of advertising. These smaller insurers may have significantly lower premium rates on certain market segments as compared to the big name companies such as Progressive and GEICO.
As you quote Greensboro auto insurance, it's a bad idea to reduce coverage to reduce premium. In many cases, an insured cut liability coverage limits only to find out that their decision to reduce coverage ended up costing them more. Your focus should be to purchase a proper amount of coverage at the best price but still have enough coverage for asset protection.
For more information, feel free to visit these articles:
- What is a Telematics Device? (Allstate)
- How Much is Auto Insurance for a Nissan Altima in Greensboro? (FAQ)
- Who Has the Cheapest Car Insurance for a Chevrolet Equinox in Greensboro? (FAQ)
- Vehicle Insurance in the U.S. (Wikipedia)
- Teen Driving Statistics (iihs.org)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)