Save Money on Chevy HHR Insurance in Lexington

If your goal is the lowest price, then the best way to get more affordable Chevy HHR insurance is to start comparing rates regularly from companies who sell insurance in Lexington.

1. Get a basic knowledge of how your policy works and the measures you can take to keep rates in check. Many risk factors that cause rate increases like traffic citations, accidents, and a negative credit rating can be remedied by making small lifestyle or driving habit changes.
2. Quote rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give rate quotes from one company like GEICO or Allstate, while independent agents can give you price quotes from multiple companies.
3. Compare the new quotes to your existing coverage and determine if cheaper HHR coverage is available in Lexington. If you find a lower rate and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
4. Provide notification to your current company of your intent to cancel your current auto insurance policy. Submit the signed application along with the required initial payment for your new coverage. Make sure you keep the new certificate verifying proof of insurance above your visor, in the console, or in the glove compartment.

The most important part of shopping around is to make sure you’re comparing the same deductibles and limits on every price quote and and to look at as many different companies as possible. This helps ensure an accurate price comparison and a thorough price selection.

It’s an obvious conclusion that car insurance companies don’t want you to compare rates. Insureds who shop rates annually are inclined to switch insurance companies because they have a good chance of finding a lower-priced company. A survey found that consumers who compared prices regularly saved over $3,400 over four years compared to drivers who don’t make a habit of comparing rates.

If finding the lowest price on car insurance in Lexington is your target objective, then learning about the best ways to shop for insurance coverage can save time and money.

Choosing the most cost-effective insurance policy in Lexington is really quite simple as long as you have a good starting point. Basically, every driver who has to purchase insurance stands a good chance to get a lower-priced policy. But Kentucky car owners need to have an understanding of the methods companies use to market insurance on the web because rates fluctuate considerably.

To find low cost prices, there are a couple of ways to obtain and compare prices from many available auto insurance companies in Kentucky. The simplest method to find the lowest Chevy HHR rates involves getting comparison quotes online.

Comparing rates online is fast and free, and it makes it a waste of time to spend time driving to insurance agencies in your area. Comparing Chevy HHR insurance rate quotes online can eliminate the need for a local agent unless you have a need for the trained advice that can only be provided by a licensed insurance agent. It is possible to comparison shop your insurance online and get advice from an agent in your area. When comparing auto insurance rates, know that obtaining a wide range of quotes gives you a better chance of getting a better price. Some regional insurers cannot provide Lexington HHR insurance quotes online, so you need to compare prices from the smaller companies as well.

The providers in the list below provide free quotes in Kentucky. To locate the cheapest auto insurance in Lexington, it’s highly recommended you visit several of them in order to find the most competitive rates.

Chevy HHR insurance statistics and information

The rate table shown below highlights detailed analysis of rate quotes for Chevy HHR models. Being more informed about how rate quotes are formulated can help you make informed decisions when shopping around for a new policy.

Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Table data does not factor in Lexington location which can alter premium rates greatly.

Rate comparison for different deductibles

One of the hardest decisions when shopping for auto insurance is which deductibles should you choose. The rates below sum up the cost difference between low and high deductibles. The first rate comparisons uses a $250 deductible and the second pricing table uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Premium costs do not factor in specific Lexington garaging location which can lower or raise auto insurance rates noticeably.

Using the premium rates above, we can conclude that using a $250 deductible could cost the average driver approximately $26 more each month or $312 annually than selecting the higher $1,000 deductible. Because you would be required to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 29 months between claims, you would save more money by selecting a higher deductible. Below is a better example of how we made this calculation.

The diagram below demonstrates how deductible levels and can affect Chevy HHR yearly insurance costs for different ages of insureds. The premiums are based on a married female driver, comp and collision included, and no discounts are applied to the premium.

Should you buy full coverage?

The information below compares Chevy HHR insurance costs with full coverage compared to only the Kentucky minimum liability coverage. Data assumes no driving violations, no at-fault accidents, $100 deductibles, drivers are not married, and no policy discounts are applied.

Should you pay for full coverage?

There is no set rule for dropping full coverage on your policy, but there is a general guideline you can use. If the annual cost of coverage is more than 10% of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.

For example, let’s pretend your Chevy HHR settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $8,000 after you pay the deductible. If you are currently paying more than $800 annually for full coverage, then you might want to think about dropping full coverage.

There are some scenarios where dropping full coverage is not a good idea. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not eliminate full coverage.

Auto insurance in Kentucky serves several purposes

Despite the high cost of buying insurance for a Chevy HHR in Lexington, paying for auto insurance may be mandatory for several reasons.

• Just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific limits of liability insurance coverage if you want to drive legally. In Kentucky these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you took out a loan on your vehicle, almost all lenders will make it mandatory that you carry insurance to protect their interest in the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your Chevy for a lot more money and force you to pay the higher price.
• Insurance protects both your vehicle and your assets. It will also provide coverage for all forms of medical expenses that are the result of an accident. As part of your policy, liability insurance also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.

The benefits of insuring your car definitely exceed the price paid, especially with large liability claims. An average driver in America is overpaying over $865 each year so compare rates at least once a year to be sure current rates are still competitive.

Good Decisions Result in Lower Insurance Costs

Many factors are used in the calculation when premium rates are determined. Some factors are common sense like an MVR report, but others are more obscure like your vehicle usage or your commute time.

Credit rating impacts premium prices – Having a bad credit score can be an important factor in your rate calculation. People that have excellent credit scores tend to be more responsible as compared to drivers with lower credit ratings. Therefore, if your credit history could use some work, you may save money insuring your Chevrolet HHR if you clean up your credit.

Bump up coverage deductibles to lower rates – Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers your vehicle from damage. Some instances where coverage would apply could be colliding with a building, vandalism, and rolling your vehicle. Comp and collision deductibles are how much you are required to spend out-of-pocket before your car insurance pays a claim. The higher the amount you’re willing to pay, the less your company will charge you for insurance.

Male prices may be higher – Statistics demonstrate women are more cautious behind the wheel. It does not mean females are better at driving than males. Both sexes get in fender benders in similar percentages, but guys tend to have more serious accidents. Men also tend to get higher numbers of serious violations like driving under the influence (DUI).

The diagram below shows the comparison of Chevy HHR car insurance rates for male and female drivers. The information is based on no violations or accidents, full physical damage coverage, $100 deductibles, single marital status, and no other discounts are factored in.

You might want pay the minor insurance claims yourself – If you file claims often, you should expect either a policy non-renewal or much higher rates. Car insurance companies in Kentucky give better rates to people that do not abuse their auto insurance. Auto insurance is intended for the large, substantial claims.

Prevent theft and reduce rates – Choosing a vehicle with an alarm system can save you some money. Advanced theft deterrents such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your vehicle from being stolen.

Get a ticket, pay higher rates – How you drive can have a huge impact on auto insurance premiums. Attentive drivers receive lower rates as compared to careless drivers. Even a single speeding ticket or other violation could increase your next policy renewal by as much as thirty percent. Drivers who have received flagrant violations such as DWI, reckless driving or hit and run convictions may need to prove financial responsibility with their state’s licensing department in order to prevent a license revocation.

The example below shows how traffic citations and accident claims can increase Chevy HHR auto insurance costs for different categories of driver ages. Data assumes a married male driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.

Liability protection safeguards assets – The liability coverage on your policy is the protection in the event that a jury decides you are liable for causing damage or personal injury in an accident. This coverage provides you with a defense in court which can cost a lot. It is affordable coverage compared to insuring for physical damage coverage, so buy as much as you can afford.

You may qualify for discounts for Chevy HHR insurance in Lexington

Some insurers don’t list every discount they offer in an easy-to-find place, so the list below gives a summary of both the well known and also the lesser-known ways to save on insurance.

• Home Ownership Discount – Owning a home in Lexington can save you money due to the fact that maintaining a home demonstrates responsibility.
• Discounts for Cautious Drivers – Drivers without accidents can save up to 40% or more on their Lexington car insurance quote than drivers with accidents.
• Professional Organizations – Affiliation with a civic or occupational organization in Lexington may earn a discount when shopping for insurance.
• College Student – Children who live away from home at college and do not have a car can receive lower rates.
• Seat Belts Save more than Lives – Requiring all passengers to use a seat belt may be able to save a few bucks on medical payment and PIP coverage.

While discounts sound great, it’s important to understand that some of the credits will not apply to the whole policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. Just because it seems like you could get a free insurance policy, nobody gets a free ride.

The example below compares Chevy HHR premium costs with and without discounts applied to the premium. The data is based on a male driver, a clean driving record, no at-fault accidents, Kentucky state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, homeowner, marriage, safe-driver, and multi-policy discounts applied.

The best insurance companies and a selection of discounts are detailed below.

• State Farm has discounts for safe vehicle, multiple autos, defensive driving training, student away at school, Steer Clear safe driver discount, and Drive Safe & Save.
• Esurance has savings for multi-policy, anti-theft, DriveSense, paid-in-full, Pac-12 alumni, and safety device.
• Progressive may include discounts for multi-vehicle, multi-policy, homeowner, online quote discount, and online signing.
• Liberty Mutual discounts include new move discount, hybrid vehicle, new graduate, teen driver discount, newly retired, and multi-car.
• Auto-Owners Insurance includes discounts for student away at school, air bags, anti-lock brakes, anti-theft, and teen driver.
• GEICO offers premium reductions for military active duty, anti-theft, driver training, multi-policy, and good student.

Before you buy a policy, ask each company to apply every possible discount. Some discounts might not apply everywhere. To choose insurance companies who offer cheap Chevy HHR insurance quotes in Lexington, click here.

Local Lexington auto insurance agents and insurance

A lot of people still prefer to get advice from a local agent and we recommend doing that A good thing about comparing rates online is that you can obtain cheap insurance quotes and still have a local agent.

To make it easy to find an agent, after completing this short form, the quote information is submitted to local insurance agents in Lexington that can provide free Lexington car insurance quotes and help you find cheaper coverage. It makes it easy because there is no need to even leave your home as quotes are delivered to your email. Get lower rates and a licensed agent to work with. If you wish to compare rates from a specific company, don’t hesitate to go to their quote page and fill out their quote form.

Finding the right insurer needs to be determined by more than just the premium amount. Before buying a policy in Lexington, get answers to these questions.

• Which companies do they recommend if they are an independent agency?
• Where are claims handled?
• Are you getting all the discounts the company offers?
• Is insurance their full-time profession?
• Is there a 24/7 contact number?
• If your car is in the repair shop, do you have coverage for a rental car?
• Does their agency support local causes in Lexington?

Choose an insurance agent wisely

If you’re trying to find a reputable agency, it’s helpful to know the different types of agents that you can select. Agencies in Lexington are considered either exclusive agents or independent agents.

Exclusive Agents

These type of agents write business for a single company and some examples include Allstate, State Farm and Farmers Insurance. They are unable to compare rates from other companies so you might not find the best rates. These agents receive a lot of sales training on the products they sell which aids in selling service over price.

Below is a short list of exclusive agents in Lexington that can give you comparison quotes.

View more Lexington agents

Independent Agencies or Brokers

Agents in the independent channel do not have single company limitations and that is an advantage because they can write policies with a variety of different insurance companies and potentially find a lower price. If they find a cheaper price, the business is moved internally and you don’t have to switch agencies. When comparison shopping, you need to get rate quotes from multiple independent agents to maximize your price options.

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

View more Lexington agents

More comparisons equals affordable rates

As you prepare to switch companies, don’t be tempted to reduce needed coverages to save money. There have been many cases where an insured dropped physical damage coverage and discovered at claim time that the few dollars in savings costed them thousands. Your aim should be to buy enough coverage for the lowest cost, but do not skimp to save money.

Some companies don’t offer online rate quotes and these regional carriers work with independent insurance agents. Cheaper Chevy HHR insurance in Lexington is definitely available online in addition to local insurance agencies, so you should compare both to have the best chance of lowering rates.

Additional information is located at the links below

• Where can I buy Insurance? (Insurance Information Institute)
• Who Has Cheap Car Insurance for Welfare Recipients in Lexington? (FAQ)
• Who Has the Cheapest Auto Insurance for Safe Drivers in Lexington? (FAQ)
• Who Has Affordable Lexington Car Insurance for Drivers Requiring a SR22? (FAQ)
• How Much is Auto Insurance for Unemployed Drivers in Lexington? (FAQ)
• Who Has Cheap Lexington Car Insurance for Seniors? (FAQ)
• Who Has Cheap Auto Insurance Rates for a GMC Sierra in Lexington? (FAQ)
• Who Has Affordable Car Insurance Quotes for Good Students in Lexington? (FAQ)
• How to Avoid Buying a Flooded Car (Insurance Information Institute)
• Winter Driving (Insurance Information Institute)