The most effective way to get affordable car insurance rates in El Paso is to start comparing prices yearly from companies who provide car insurance in Texas. Drivers can shop around by completing these steps.
- Get a basic knowledge of how auto insurance works and the things you can change to prevent high rates. Many factors that result in higher rates like traffic citations and your credit history can be controlled by paying attention to minor details.
- Request price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like GEICO or Allstate, while independent agents can quote prices from many different companies. View insurance agents
- Compare the new rates to the price on your current policy to see if a cheaper rate is available. If you can save money and change companies, make sure coverage is continuous and does not lapse.
- Notify your current company of your intention to cancel the current policy. Submit payment along with a signed and completed policy application to your new company or agent. As soon as coverage is bound, put the new proof of insurance paperwork along with the vehicle’s registration papers.
The most important part of shopping around is to try to use identical coverage information on every quote request and and to get price estimates from every insurance company. This enables an apples-to-apples comparison and the best price selection.
It’s safe to conclude that auto insurance companies don’t want you to look for a cheaper policy. Insureds who shop around annually are likely to switch auto insurance companies because there is a great chance of finding lower rate quotes. A recent auto insurance study revealed that people who make a habit of shopping around saved on average $72 a month compared to those who didn’t regularly shop around.
If finding budget-friendly insurance is the reason you’re reading this, then knowing how to find companies and compare insurance premiums can make it simple to find affordable coverage.
Finding affordable auto insurance coverage in El Paso can be easy if you know a few tricks. In essence, each driver who is required by state law to have auto insurance will most likely find a lower-cost company. Nevertheless, Texas vehicle owners can benefit from knowing the way companies calculate your auto insurance rates.
Shop Chevy Bolt insurance online
When comparison shopping, there are several ways to compare prices from many available auto insurance companies in Texas. The fastest way to compare rates is simply to get online rate quotes.
Just remember that making a lot of price comparisons helps locate better pricing. Some regional insurers cannot provide price estimates online, so it’s important to also get price estimates from those companies as well.
The companies shown below can provide price quotes in Texas. If multiple companies are shown, it’s a good idea that you compare several of them in order to get a fair rate comparison.
Get cheap rates on Chevy Bolt insurance in El Paso with these auto insurance discounts
Insurance can be prohibitively expensive, but you may qualify for discounts that you may not even be aware of. Certain discounts will be applied when you quote, but occasionally some discounts must be specially asked for before you will receive the discount.
- Accident Waiver – This one is not really a discount per se, but certain companies will forgive one accident before raising your premiums so long as you haven’t had any claims for a certain period of time.
- Use Seat Belts – Forcing all vehicle occupants to buckle their seat belts could save 15% off the PIP or medical payment premium.
- Save with a New Car – Buying a new car instead of a used Bolt can save up to 30% compared to insuring an older model.
- No Claim Discounts – Insureds with no claims or accidents have much lower rates when compared to drivers with a long claim history.
- Discount for Good Grades – Getting good grades may save you up to 25%. Many companies even apply the discount to college students well after school through age 25.
- Discounts for Government Workers – Federal government employees could qualify for a slight premium decrease with some auto insurance companies.
We need to note that many deductions do not apply to the entire cost. Some only apply to specific coverage prices like medical payments or collision. So even though you would think adding up those discounts means a free policy, you aren’t that lucky. But any discount should help lower your policy premiums.
A list of companies and their offered discounts are outlined below.
- State Farm may have discounts that include anti-theft, passive restraint, multiple policy, Steer Clear safe driver discount, good driver, driver’s education, and safe vehicle.
- Farmers Insurance has discounts for business and professional, homeowner, alternative fuel, mature driver, and early shopping.
- GEICO offers discounts for anti-theft, multi-policy, daytime running lights, membership and employees, federal employee, and military active duty.
- American Family policyholders can earn discounts including accident-free, multi-vehicle, good student, early bird, air bags, and good driver.
- Nationwide may offer discounts for defensive driving, multi-policy, business or organization, good student, and Farm Bureau membership.
- Progressive offers premium reductions for continuous coverage, online quote discount, online signing, good student, multi-vehicle, homeowner, and multi-policy.
If you want affordable Chevrolet Bolt insurance quotes, ask each company or agent how many discounts you can get. Some of the discounts discussed earlier may not apply in your area.
Buying auto insurance from El Paso car insurance agents
A lot of people would prefer to buy from a local agent and that is a smart decision The best thing about getting free rate quotes online is you can get cheaper prices but also keep your business local.
To find an agent, once you fill out this simple form, your information is instantly submitted to participating agents in El Paso who will give you bids for your business. You won’t need to contact an agency as quotes are delivered straight to your inbox. It’s the lowest rates without a big time investment. If for some reason you want to get a comparison quote from a particular provider, you would need to search and find their rate quote page and fill out their quote form.
Choosing an insurer should include more criteria than just the bottom line cost. These questions are important to ask:
- When do they do policy reviews?
- What is the financial rating for the quoted company?
- Do they have cheaper tiers of coverage?
- Will they make sure you get an adequate claim settlement?
- Are claims handled at the agent’s location?
- Will the agent or a CSR service your policy?
Once you have received satisfactory answers to your questions and an acceptable price quote, most likely you have located a company that meets the requirements to service your policy. It’s important to know that consumers can cancel your policy for any reason so never feel you’re contractually obligated to any particular company for any length of time.
Why Smart Buyers Pay Less for Chevy Bolt Insurance
Many factors are part of the calculation when you get your auto insurance bill. Most are fairly basic such as traffic violations, but other criteria are not as apparent such as your marital status or how safe your car is. Consumers need to have an understanding of the factors that help calculate insurance rates. If you have a feel for what determines premiums, this allows you to make good choices that could result in better insurance rates.
The list below includes some of the factors used by insurance companies to determine rates.
Insure car and home with the same company – Most insurance companies give a discount to people who have multiple policies with them. It’s known as a multi-policy discount. Discounts can add up to ten percent or more. If you currently are using one company, consumers should still compare other company rates to help ensure you have the lowest rates.
Safer cars lower insurance rates – Safe vehicles tend to have lower insurance rates. Safe vehicles protect occupants better and better occupant protection translates directly to fewer claims which can mean better rates for you.
Do you work long hours in a stressful job? – Occupations such as lawyers, social workers, and financial analysts usually pay higher rates than the rest of us in part from intense work situations and lengthy work days. On the flip side, professions such as scientists, engineers and homemakers pay the least.
Never go without insurance – Going without insurance is a sure-fire way to increase your renewal premiums. And not only will your rates increase, failure to provide proof of insurance might get you a revoked license or a big fine.
Accidents cost more than a fine – Even a single speeding ticket could increase your next policy renewal to the point where it’s not affordable. Drivers who don’t get tickets tend to pay less for car insurance than bad drivers. Drivers who get dangerous tickets such as reckless driving or DUI may be required to submit a SR-22 form with the DMV in their state in order to drive a vehicle legally.
Being married can save on insurance – Your spouse may save some money on your insurance policy. Having a spouse is viewed as being more financially stable and it’s proven that being married results in fewer claims.
With age comes responsibility – Beginning drivers in Texas tend to be less responsible in a vehicle therefore insurance rates are much higher. Parents adding a teen driver to your insurance policy can be very expensive. Mature drivers are more responsible, cause fewer claims and accidents, and receive fewer citations.
Vehicle options that cut insurance rates – Driving a car with advanced anti-theft systems can help lower your rates. Anti-theft devices such as OnStar, LoJack tracking, and tamper alarms all help stop auto theft.
Choosing vehicle insurance is an important decision
Despite the high insurance cost for a Chevy Bolt in El Paso, insurance is required in Texas but also provides important benefits.
- Most states have compulsory liability insurance requirements which means state laws require a specific minimum amount of liability insurance coverage in order to drive the car. In Texas 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 have a loan on your Bolt, it’s guaranteed your bank will make it mandatory that you have physical damage coverage to ensure they get paid if you total the vehicle. If you let the policy lapse, the bank may insure your Chevy for a much higher rate and make you pay for it.
- Insurance safeguards both your assets and your Chevy Bolt. It also can pay for medical bills incurred in an accident. As part of your policy, liability insurance will also pay to defend you if anyone sues you for causing an accident. If mother nature or an accident damages your car, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of carrying adequate insurance more than offset the price you pay, particularly if you ever have a claim. An average driver in America overpays more than $830 a year so you should quote your policy with other companies every year to help ensure money is not being wasted.
Don’t give up on cheaper rates
Cost effective Chevy Bolt insurance can be bought from both online companies in addition to many El Paso insurance agents, and you should compare price quotes from both to have the best rate selection. Some insurance companies may not have rate quotes online and many times these smaller companies work with independent agencies.
Insureds leave their current company for a variety of reasons including lack of trust in their agent, being labeled a high risk driver, delays in paying claims and high rates after DUI convictions. Regardless of your reason, choosing a new insurance company can be easier than you think.
As you quote El Paso car insurance, don’t be tempted to buy poor coverage just to save money. There have been many situations where drivers have reduced full coverage only to regret at claim time that the small savings ended up costing them much more. Your goal should be to get the best coverage possible for the lowest price, not the least amount of coverage.
Additional resources
- Distracted Driving Statistics (Insurance Information Institute)
- Side Impact Crash Tests (iihs.org)
- Crash Avoidance Technologies FAQ (iihs.org)
- Credit Impacts Car Insurance Rates (State Farm)
- Information for Teen Drivers (GEICO)