Do you want to save money by buying cheaper Chevy Cruze insurance in Jacksonville? Pricey insurance in Jacksonville can draw down your family's budget and force you to prioritize other expenses. Price shopping at each renewal is free and is an excellent way to make sure you're not throwing money away.
A recent insurance study discovered that most insurance buyers have purchased from the same company for a minimum of four years, and virtually 40% of consumers have never shopped around. Many drivers in Florida could save an average of as much as 55% each year by just comparing quotes, but they underestimate the benefits if they switch to a new company. There are many car insurance companies to purchase coverage from, and although it's nice to have multiple companies, more choices can make it harder to compare company pricing for Chevy Cruze insurance in Jacksonville.
Informed Drivers Know How to Find Car Insurance More Affordably
When buying car insurance it's important to understand the factors that go into determining the price you pay for car insurance. When you know what positively or negatively determines base rates, this empowers consumers to make smart changes that could result in better car insurance rates.
The following are some of the major factors utilized by car insurance companies to help set prices.
Better rates with anti-theft devices - Selecting a car model with a theft deterrent system can earn a premium discount. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.
Bad credit hurts insurance prices - An insured's credit rating can be an important factor in your rate calculation. Drivers with high credit scores tend to be more responsible than drivers with poor credit scores. If your credit rating can use some improvement, you could pay less to insure your Chevrolet Cruze by repairing your credit.
Certain employers pay higher premiums - Careers such as real estate brokers, executives and stock brokers usually pay higher average rates because of high stress and long work hours. Conversely, occupations such as actors, engineers and the unemployed have the lowest average rates.
Are men or women drivers cheaper? - Statistics have proven that women are safer drivers than men. It does not mean women are BETTER drivers than men. Both genders get in auto accidents at a similar rate, but the men get into accidents with more damage. Not only are claims higher, but men have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly.
Lower rates with a multi-policy discount - Many companies will award lower prices to buyers who consolidate policies with them such as combining an auto and homeowners policy. The amount of the discounts can be anywhere from five to ten percent in most cases. Even if you already get this discount, consumers should still compare other company rates to help ensure you have the lowest rates. It's possible to still save even more by splitting coverages up.
High coverage deductibles equal low rates - The deductibles you choose are how much you are willing to pay out-of-pocket if a covered claim is submitted. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some coverage claims would be a windshield broken by a bird, damage from fire, or theft of your vehicle. The more the insured has to pay upfront, the less your car insurance will be.
Policy lapses raise prices - Driving with no insurance can get your license suspended and car insurance companies will penalize you for letting your coverage lapse. Not only will you pay more, not being able to provide proof of insurance could result in a steep fine or even jail time.
Insurance loss statistics a Chevy Cruze - Insurance companies use claims history to calculate a price that will offset any claims. Vehicles that the statistics show to have higher losses will cost more for coverage.
The table below outlines the insurance loss data for Chevy Cruze vehicles. For each policy coverage type, the loss probablilty for all vehicles, without regard to make or model, is equal to 100. Percentage values below 100 suggest losses that are better than average, while numbers that are greater than 100 indicate a higher chance of having a claim or an increased chance of larger losses than average.
Chevrolet Cruze Insurance Loss Statistics
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Statistics from IIHS.org for 2013-2015 Model Years
The companies shown below can provide free rate quotes in Florida. If you want cheap auto insurance in Florida, we suggest you click on several of them in order to find the lowest rates.
Best reasons to buy insurance in Florida
Despite the fact that insurance is not cheap in Jacksonville, maintaining insurance is required in Florida but it also protects you in many ways.
First, most states have mandatory liability insurance requirements which means the state requires a specific minimum amount of liability protection in order to license the vehicle. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you bought your Cruze with a loan, it's guaranteed your bank will require that you have insurance to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the bank may insure your Chevy at a more expensive rate and force you to pay for it.
Third, insurance protects not only your Chevy but also your assets. It also can pay for many types of medical costs incurred in an accident. As part of your policy, liability insurance will also pay to defend you if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, your insurance policy will pay to restore your vehicle to like-new condition.
The benefits of insuring your car definitely exceed the price paid, especially with large liability claims. Today the average American driver is currently overpaying as much as $855 a year so compare rate quotes at every policy renewal to ensure rates are competitive.
Don't overlook these Chevy Cruze insurance discounts
Some insurance providers do not advertise all their discounts very clearly, so we took the time to find some of the best known as well as some of the hidden discounts that may be available.
- Discounts for Federal Employees - Employees or retirees of the government could qualify for a slight premium decrease depending on your company.
- Theft Prevention System - Cars equipped with tracking devices and advanced anti-theft systems help deter theft so companies will give you a small discount.
- Life Insurance Discount - Not all insurance companies offer life insurance, but some may give you a discount if you purchase a life policy as well.
- Driving Data Discount - Drivers that enable driving data collection to track where and when they drive by using a telematics device such as Progressive's Snapshot could save a few bucks if their driving habits are good.
- Multiple Vehicles - Buying a policy with multiple cars with one company may reduce the rate for each vehicle.
- Clubs and Organizations - Belonging to certain professional organizations could qualify you for a break on your policy.
- Discount for Low Mileage - Low annual miles may allow you to get lower insurance rates due to less chance of an accident.
Policy discounts save money, but some credits don't apply the the whole policy. A few only apply to individual premiums such as comp or med pay. Just because it seems like you could get a free insurance policy, it just doesn't work that way.
Companies and some of the discounts are outlined below.
- Farm Bureau offers premium reductions for 55 and retired, multi-vehicle, multi-policy, driver training, and renewal discount.
- State Farm may have discounts that include multiple autos, Steer Clear safe driver discount, good student, defensive driving training, multiple policy, driver's education, and safe vehicle.
- Progressive has discounts for homeowner, good student, multi-policy, multi-vehicle, and online signing.
- Allstate has savings for good payer, farm vehicle, premier discount, premier plus, and anti-lock brakes.
- Nationwide policyholders can earn discounts including accident-free, family plan, business or organization, Farm Bureau membership, defensive driving, anti-theft, and good student.
- MetLife offers discounts including claim-free, accident-free, multi-policy, defensive driver, and good driver.
When quoting, ask each company or agent to apply every possible discount. Some credits may not apply to policies in Jacksonville. To see a list of insurers with the best Chevy Cruze insurance discounts in Florida, follow this link.
Shop online but buy locally
Many people just want to have an agent's advice and often times that is recommended Professional agents are trained to spot inefficiencies and help in the event of a claim. The best thing about comparing rate quotes online is you can get lower premium rates and also buy local.
After filling out this quick form, the quote information gets sent to companies in Jacksonville that give free quotes for your insurance coverage. You never need to do any legwork since price quotes are sent directly to you. If you have a need to get a comparison quote from a particular provider, just jump over to their website to submit a rate quote request.
Finding a good insurer is decision based upon more than just the quoted price. Ask your prospective agent these questions:
- What companies can they write with?
- How long has the business existed?
- If you are a high risk driver, do they have special markets for your coverage?
- Do they prorate repair cost based on vehicle mileage?
- Do they specialize in personal lines auto insurance in Jacksonville?
- Are there any discounts that you might be missing?
If you're trying to find an insurance agent, it's helpful to know the different agency structures and how they work. Agents can be categorized as either independent agents or exclusive agents depending on their employer. Both insure your vehicles properly, but it's important to know the differences since it could factor into your agent selection.
Exclusive Insurance Agents
Agents of this type can only quote rates from one company and some examples include State Farm, Allstate, and Farm Bureau. They are unable to give you multiple price quotes so you might not find the best rates. Exclusive agents receive a lot of sales training on their company's products which aids in selling service over price.
The following are Jacksonville exclusive insurance agents willing to provide comparison quotes.
Ray Moore - State Farm Insurance Agent
109 New Berlin Rd - Jacksonville, FL 32218 - (904) 751-6643 - View Map
Allstate Insurance, John Crowell Agency
9700 Philips Hwy #109 - Jacksonville, FL 32256 - (904) 538-9440 - View Map
Independent Insurance Agents
Agents that elect to be independent are normally appointed by many insurers and that is an advantage because they can write policies amongst many companies and find the cheapest insurance rates. If you want to switch companies, your agent can just switch to a different company and you don't have to find a new agent.
When comparing rates, we recommend you get insurance quotes from several independent insurance agents in order to compare the most rates.
Listed below are Jacksonville independent insurance agencies that are able to give price quote information.
One last thing about your coverage
We've covered some good ideas how you can find lower-cost Chevy Cruze insurance in Jacksonville. The key thing to remember is the more providers you compare, the higher your chance of finding cheaper Jacksonville car insurance quotes. You may even find the best prices are with some of the lesser-known companies. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as State Farm, GEICO and Nationwide.
As you go through the steps to switch your coverage, never reduce needed coverages to save money. There have been many situations where an accident victim reduced collision coverage only to discover later that it was a big error on their part. Your aim should be to buy the best coverage you can find at the best cost, but don't skip important coverages to save money.
More affordable auto insurance in Jacksonville is available both online and also from your neighborhood Jacksonville agents, so you should be comparing quotes from both to get a complete price analysis. A few companies may not offer rate quotes online and many times these small insurance companies only sell coverage through independent agents.
More learning opportunities
- A Tree Fell on Your Car: Now What? (Allstate)
- How Much are Car Insurance Rates for a Toyota RAV4 in Florida? (FAQ)
- What Car Insurance is Cheapest for College Graduates in Florida? (FAQ)
- Who Has Cheap Florida Auto Insurance Quotes for Good Students? (FAQ)
- Five Mistakes to Avoid (Insurance Information Institute)
- Child Safety FAQ (iihs.org)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- Auto Insurance Learning Center (State Farm)