I can’t think of a single person who anticipates paying for car insurance, especially knowing they could find better prices if they shop around.
It’s an obvious assumption that auto insurance companies don’t want customers comparing rates. Insureds who shop around for a cheaper policy are highly likely to switch car insurance companies because there is a significant possibility of finding lower prices. A study showed that people who compared rate quotes regularly saved an average of $865 a year compared to people who don’t regularly compare prices.
If finding budget-friendly insurance in San Antonio is your target objective, then having an understanding of how to compare insurance rates can save time and money.
There are many insurers to pick from, and although it’s a good thing to have multiple companies, more choices can make it harder to compare rates and find the lowest cost car insurance.
Locating the best rates in San Antonio can be easy if you know a few tricks. Just about everyone who quotes auto insurance will probably find a better price. But Texas vehicle owners must understand the way insurance companies calculate their prices because it can help you find the best coverage.
When comparison shopping, there are several ways of comparing price quotes from many available insurance companies in Texas. The best method to find cheaper Chevy Captiva Sport rates is to perform an online rate comparison.
It’s so fast and easy to compare rates online that it makes it obsolete to drive around to insurance agents’ offices. Quoting Chevy Captiva Sport insurance online eliminates this option unless you have a need for the extra assistance that only an agent can give. It is possible with some companies comparison shop your insurance online but have your policy serviced through an agent. It’s important to know that comparing more prices gives you a better chance of getting the best price. Not every company does San Antonio Captiva Sport insurance quotes over the internet, so you should also compare prices from those companies as well.
The companies in the list below provide price comparisons in San Antonio, TX. If multiple companies are listed, it’s a good idea that you click on several of them in order to get a fair rate comparison.
Why auto insurance is not optional
Despite the potentially high cost of Chevy Captiva Sport insurance, paying for auto insurance may not be optional for several reasons.
First, almost all states have minimum mandated liability insurance limits which means you are required to carry specific limits of liability insurance coverage in order to drive the car legally. 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.
Second, if you bought your Captiva Sport with a loan, it’s most likely the lender will require that you carry insurance to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the lender will be forced to insure your Chevy at a much higher premium rate and require you to pay the higher price.
Third, auto insurance protects both your assets and your vehicle. Insurance will also pay for hospital and medical expenses that are the result of an accident. As part of your policy, liability insurance will also pay for a defense attorney if anyone sues you for causing an accident. If your Chevy gets damaged, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.
The benefits of insuring your car definitely exceed the price paid, particularly if you ever have a claim. The average driver in America is overpaying more than $810 a year so compare rate quotes each time the policy renews to save money.
How Car Insurance Companies Calculate Chevy Captiva Sport Insurance Premiums
It’s important that you understand some of the factors that play a part in calculating the rates you pay for car insurance. If you have a feel for what controls the rates you pay, this enables informed choices that may result in big savings.
Lower rates for cars with good safety ratings – Safe vehicles tend to be cheaper to insure. Vehicles built for safety reduce occupant injuries and any reduction in injury severity means less claims paid and lower rates for you. If your Chevy Captiva Sport has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may pay a lower rate.
Never allow your policy to lapse – Driving without insurance coverage in place is illegal and you may have a hard time finding new coverage because you let your insurance lapse. In addition to paying higher premiums, failure to provide proof of insurance might get you a license revocation or jail time. You may then have to file a SR-22 with the Texas DMV.
Good credit scores equal low premiums – Credit rating can be an important factor in your rate calculation. People with high credit scores tend to be more responsible than those with lower credit ratings. If your credit leaves room for improvement, you could pay less to insure your Chevrolet Captiva Sport if you improve your credit rating.
More than one policy can earn a discount – Lots of car insurance companies give discounts to policyholders who have multiple policies with them such as combining an auto and homeowners policy. Even with this discount, you may still want to compare other San Antonio Captiva Sport insurance rates to guarantee you are still saving the most.There is a good possibility that you can save money by insuring with multiple companies.
Teenagers vs. mature drivers – Youthful drivers in Texas are statistically shown to be more careless when driving with friends so car insurance rates are higher. Older insureds are viewed as being more responsible, tend to cause fewer accidents, and are generally more financially stable.
Fast cars cost more to insure – The make and model of the vehicle you drive makes a big difference in your premium level. The cheapest insurance rates are usually found on small economy passenger models, but the final cost of insurance is determined by many other factors.
Extra policy coverages that aren’t used – Insurance companies have many add-on coverages that can add up but may not be useful. Coverages like rental car coverage, towing coverage, and term life insurance are some examples. They may seem like a good idea when discussing your needs, but if they’re wasting money think about removing them and cutting costs.
Chevy Captiva Sport statistical loss data – Insurers factor in insurance loss information to help determine prices. Models that the data determines to have increased losses will have higher rates. The table below illustrates the historical loss data for Chevy Captiva Sport vehicles.
For each policy coverage, the statistical loss for all vehicles, as an average, is considered to be 100. Numbers below 100 indicate better than average losses, while percentage values above 100 point to more claims or larger claims.
| Specific Chevrolet Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Chevrolet Captiva Sport 4dr 2WD | 89 | 95 | 88 | 123 | 115 | 105 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Everyone needs different car insurance coverages
When quoting and comparing adequate coverage for your personal vehicles, there is no one size fits all plan. Your situation is unique.
For instance, these questions might help in determining if your insurance needs might need professional guidance.
- Does my insurance cover a custom paint job?
- If I use my vehicle for business use is it covered?
- Is other people’s property covered if stolen from my vehicle?
- Why do I need rental car insurance?
- Am I better off with higher deductibles on my Chevy Captiva Sport?
- Does coverage extend to a rental car in a foreign country?
- Does my personal policy cover me when driving out-of-state?
- Do I need PIP (personal injury protection) coverage in Texas?
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- Is my camper covered for physical damage?
If you can’t answer these questions, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.
You can find cheap coverage
Lower-priced insurance in San Antonio can be bought from both online companies and from local agencies, and you should compare rates from both in order to have the best chance of saving money. Some insurance companies do not offer online price quotes and usually these smaller companies only sell coverage through independent agents.
Drivers change insurance companies for many reasons like high prices, delays in responding to claim requests, an unsatisfactory settlement offer or delays in paying claims. Regardless of your reason, choosing a new company is not as hard as you think.
In this article, we presented many ways to compare Chevy Captiva Sport insurance rates in San Antonio. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding inexpensive San Antonio auto insurance quotes. Consumers may even find the biggest savings come from a small mutual company.
More detailed insurance information is located in the articles below:
- Where can I buy Insurance? (Insurance Information Institute)
- How Much are San Antonio Car Insurance Quotes for Electric Cars? (FAQ)
- Who Has Cheap Car Insurance for Active Military in San Antonio? (FAQ)
- What Car Insurance is Cheapest for a Hyundai Sonata in San Antonio? (FAQ)
- How Much is San Antonio Auto Insurance for a 20 Year Old Male? (FAQ)
- Tools for Teen Driving Safety (State Farm)
- Vehicle Safety Ratings (iihs.org)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)