It’s hard to believe, but about 70% of customers have bought auto insurance from the same company for a minimum of four years, and roughly 40% of drivers have never taken the time to shop around. American insurance shoppers can save up to $850 each year just by shopping around, but most just don’t grasp how much they could save if they bought a different policy.
It takes a few minutes, but the best way to get affordable Chevy Aveo insurance is to regularly compare prices from providers in Columbus.
Step 1: It will benefit you to learn about what is in your policy and the things you can control to keep rates in check. Many policy risk factors that result in higher rates such as accidents, careless driving, and a poor credit score can be rectified by making small lifestyle or driving habit changes. Keep reading for tips to lower rates and earn a bigger discount.
Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like Progressive or Allstate, while agents who are independent can give you price quotes from multiple sources.
Step 3: Compare the quotes to your current policy premium to see if cheaper Aveo coverage is available in Columbus. If you find a lower rate quote and buy the policy, make sure coverage does not lapse between policies.
A good tip to remember is that you use the same deductibles and limits on every quote and and to get prices from all possible companies. Doing this provides an apples-to-apples comparison and a thorough price selection.
Don’t neglect these discounts
Auto insurance companies do not list all discounts very well, so we researched some of the more common and also the lesser-known discounts that you can inquire about if you buy Columbus auto insurance online. If you are not receiving all the discounts available, you could be saving more on your car insurance.
- New Vehicle Savings – Buying a new car instead of a used Aveo can save up to 30% since newer vehicles have better safety ratings.
- Driving Data Discount – Columbus drivers who agree to allow data collection to study when and where they use their vehicle by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease if they exhibit good driving behavior.
- Professional Memberships – Belonging to qualifying clubs or civic groups may earn a discount on your next renewal.
- Drive Safe and Save – Drivers who don’t get into accidents may save up to 50% more than drivers with accident claims.
- Safety Course Discount – Completing a defensive driving course may get you a small discount depending on where you live.
- Drive Less and Save – Low mileage vehicles could qualify for slightly better prices than normal.
One last thing about discounts, most of the big mark downs will not be given to the entire policy premium. Most only reduce the cost of specific coverages such as comp or med pay. Just because you may think you would end up receiving a 100% discount, companies don’t profit that way.
The illustration below compares Chevy Aveo insurance premiums with and without discounts. The data is based on a male driver, no claims, a clean driving record, Ohio state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-car, safe-driver, claim-free, and multi-policy discounts applied.
If you would like to view insurers that provide some of the discounts listed above in Ohio, click here to view.
The providers in the list below are ready to provide quotes in Columbus, OH. If multiple providers are shown, we suggest you visit two to three different companies in order to get a fair rate comparison.
Analysis of coverages
The premium table shown next covers a range of rate quotes for Chevy Aveo models. Understanding how policy rates are calculated can assist in making decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $120 | $270 | $306 | $18 | $92 | $806 | $67 |
| Aveo LS 4-Dr Sedan | $120 | $270 | $306 | $18 | $92 | $806 | $67 |
| Aveo LT 4-Dr Hatchback | $136 | $270 | $306 | $18 | $92 | $822 | $69 |
| Aveo LT 4-Dr Sedan | $136 | $270 | $306 | $18 | $92 | $822 | $69 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Premium amounts do not factor in vehicle location which can modify coverage rates substantially.
Higher deductibles lower rates
One of the more difficult decisions when buying auto insurance is where should you set your physical damage deductibles. The figures shown below outline the difference in cost of buying low and high physical damage deductibles. The first data set uses a $100 deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $196 | $416 | $226 | $14 | $68 | $945 | $79 |
| Aveo LS 4-Dr Sedan | $196 | $416 | $226 | $14 | $68 | $945 | $79 |
| Aveo LT 4-Dr Hatchback | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| Aveo LT 4-Dr Sedan | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $142 | $280 | $226 | $14 | $68 | $730 | $61 |
| Aveo LS 4-Dr Sedan | $142 | $280 | $226 | $14 | $68 | $730 | $61 |
| Aveo LT 4-Dr Hatchback | $160 | $280 | $226 | $14 | $68 | $748 | $62 |
| Aveo LT 4-Dr Sedan | $160 | $280 | $226 | $14 | $68 | $748 | $62 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Rate quotes do not factor in garaging location in Columbus which can impact price quotes substantially.
Based on this data, using a $100 deductible costs approximately $18 more each month or $216 for a full year than quoting the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you go at a minimum 22 months between claim filings, you would save money if you choose the higher deductible. Here is a better example of how you can make your own decision.
| Average monthly premium for $100 deductibles: | $80 |
| Average monthly premium for $500 deductibles (subtract): | – $62 |
| Monthly savings from raising deductible: | $18 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $18 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 22 months |
An important sidenote is that raising deductibles to save money means you pay more out-of-pocket when you do file a claim. That will require enough extra savings in the event you need to pay more to get your vehicle repaired.
The chart below demonstrates how deductibles and can increase or decrease Chevy Aveo insurance costs for each age group. The data is based on a single female driver, full physical damage coverage, and no other discounts are factored in.
Chevrolet Aveo insurance rates: Men versus women
The example below shows the comparison of Chevy Aveo insurance rates for male and female drivers. The premiums are based on a clean driving record, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, marital status is single, and no policy discounts are applied.
How You Can Control Chevy Aveo Insurance Premiums
The best way to find cheaper insurance is to take a look at the different types of things that are used to determine your insurance rates. When you know what positively or negatively determines base rates, this allows you to make educated decisions that could result in cheaper rates.
Certain jobs raise rates – Did you know your occupation can influence how much you pay for insurance? Careers such as doctors, architects, and accountants usually pay higher premiums than the average policyholder because of high stress and lengthy work days. Conversely, jobs such as actors, historians and performers pay the least.
Deter vehicle theft – Owning a car with an alarm system can help lower your premiums. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft and help lower rates.
Pay less with a high NHTSA crash test rating – Cars with five star safety ratings can get you lower premiums. Vehicles engineered for safety reduce injuries and any reduction in injury severity means less claims paid passed on to you as lower rates. If the Chevy Aveo is rated at a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.
Married drivers get better costs – Being married actually saves money on your insurance bill. Having a spouse demonstrates that you tend to be more mature and statistics show married couples file fewer claims.
Stay claim-free and save money – Companies in Ohio generally give the best rates to drivers who file claims infrequently. If you frequently file small claims, you can expect either higher rates or even cancellation. Insurance coverage is meant to be used in the event of larger claims.
Exclusive versus independent insurance agents
A lot of people would rather talk to an insurance agent and doing that can be a smart decision Licensed agents can answer important questions and help you file claims. A good thing about comparing car insurance online is that drivers can save money and get cheap car insurance quotes but still work with a licensed agent.
Upon completion of this short form, your coverage information is instantly submitted to companies in Columbus who can give free rate quotes for your coverage. You don’t have to search for an agent since rate quotes are delivered to the email address you provide. If you need to compare rates from a specific company, you would need to find their quoting web page and give them your coverage information.
Choosing the best insurer should include more criteria than just a cheap price. Any good agent in Columbus should know the answers to these questions.
- Will the agent or a CSR service your policy?
- Are they paid to recommend certain coverages?
- Are claim adjusters local or do you have to take your car somewhere else?
- Does the agent recommend any additional coverage?
- If you raise deductibles, how much can you save?
- Are they able to influence company decisions when a claim is filed?
- How many companies do they write for?
- Do the companies they represent have a solid financial rating?
If you are wanting to find a reputable insurance agent or broker, it can be helpful to understand the different types of agencies and how they operate. Car insurance agencies may be either independent agents or exclusive agents. Both sell car insurance policies, but it’s good to learn the differences because it can influence buying decisions.
Exclusive Car Insurance Agents
Agents that choose to be exclusive write business for a single company such as State Farm or Allstate. They usually cannot give you multiple price quotes so they really need to provide good service. Exclusive agents receive extensive training in insurance sales which helps them compete with independent agents. Many people buy from exclusive agents partially due to the prominent brand name and strong financial ratings.
Below is a list of exclusive insurance agencies in Columbus who can help you get price quotes.
- Gianna R Cone – State Farm Insurance Agent
1495 Morse Rd #100 – Columbus, OH 43229 – (614) 267-7865 – View Map - Andrea Taylor – State Farm Insurance Agent
5540 N Hamilton Rd – Columbus, OH 43230 – (614) 855-9421 – View Map - American Family Insurance – Yelena Uchiteleva Agency LLC
233 S Hamilton Rd – Columbus, OH 43213 – (614) 235-1702 – View Map
Independent Car Insurance Agents
Independent insurance agents do not work for one specific company so as a result can place your coverage with multiple insurance companies and possibly get better coverage at lower prices. If you want to switch companies, they simply move the coverage in-house and that require little work on your part. If you are comparing car insurance prices, it’s recommended you get some free quotes from several independent insurance agents in order to have the best price comparison. Many write coverage with less well-known companies that can offer cheaper rates than bigger companies.
The following are Columbus independent insurance agents that can give you comparison quotes.
- Pfeifer-Ornstein Insurance Agency
3291 E Main St – Columbus, OH 43213 – (614) 235-7050 – View Map - Nationwide Insurance – Nick Miller and Assoc Ins Agency Inc
6834 Caine Rd – Columbus, OH 43235 – (614) 889-0701 – View Map - All Ohio Insurance Agency Inc
180 Northwoods Blvd – Columbus, OH 43235 – (614) 825-0770 – View Map
Protect your Aveo and other assets
Despite the high insurance cost for a Chevy Aveo in Columbus, maintaining insurance may not be optional for several reasons.
- Almost all states have mandatory liability insurance requirements which means the state requires a specific level of liability insurance coverage if you want to drive legally. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your vehicle has a loan, most banks will require you to have physical damage coverage to guarantee payment of the loan. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Chevy for a lot more money and force you to reimburse them for the expensive policy.
- Car insurance preserves your vehicle and your assets. It will also pay for medical bills for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, collision and comprehensive coverages will pay to have it repaired.
The benefits of buying car insurance definitely exceed the cost, specifically if you ever have a liability claim. According to a survey of 1,000 drivers, the average driver is currently overpaying as much as $865 each year so it’s recommended you shop around at every renewal to ensure rates are competitive.
Get the best coverage at the best price
Drivers change insurance companies for a variety of reasons including policy non-renewal, policy cancellation, not issuing a premium refund or even poor customer service. Regardless of your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.
Cheaper Chevy Aveo insurance in Columbus can be sourced on the web and from local agencies, so you need to shop Columbus auto insurance with both in order to have the best price selection to choose from. Some insurance companies may not provide internet price quotes and many times these smaller providers prefer to sell through local independent agents.
When searching for cheaper Columbus auto insurance quotes, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many cases, someone dropped liability coverage limits and discovered at claim time that it was a big error on their part. Your strategy should be to buy the best coverage you can find for the lowest cost, not the least amount of coverage.
For more information, link through to these articles:
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- Who Has Affordable Auto Insurance Quotes for Business Use in Columbus? (FAQ)
- How Much are Car Insurance Quotes for 16 Year Olds in Columbus? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Toyota Corolla in Columbus? (FAQ)
- Who Has Affordable Car Insurance Rates for a Dodge Ram in Columbus? (FAQ)
- Comprehensive Coverage (Liberty Mutual)
- Coverage Information (Progressive Insurance)
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)