How to Save on Chevy Camaro Insurance in Seattle

If shopping for Seattle car insurance quotes online is new to you, by this point your are probably bewildered thanks to the incredible selection of companies who claim to have the best insurance rates.

Regrettably, about 70% of customers renewed their policy with the same company for at least four years, and virtually 40% of consumers have never taken the time to shop around. Seattle consumers could cut their rates by approximately $400 a year, but they underestimate the amount of savings they would get if they switch to a new company.

You should take the time to compare prices as often as possible due to the fact that insurance prices are rarely the same from one policy term to another. Despite the fact that you may have had the best deal on Chevy Camaro insurance in Seattle two years ago other companies may now be cheaper. You can find a lot of misleading information regarding Camaro insurance out there, but you can learn some of the best ways to lower your insurance bill.

Cut your insurance rates with discounts

Insurance can cost an arm and a leg, but there could be significant discounts that could drop your premiums quite a bit. Most are applied at quote time, but some need to be asked about prior to getting the savings.

• Theft Prevention System – Cars, trucks, and SUVs with anti-theft systems are stolen less frequently and earn discounts up to 10% off your Seattle car insurance quote.
• Driver Training Discounts – Successfully completing a class that teaches defensive driver techniques may get you a small discount and also improve your driving technique.
• Multi-Vehicle Discounts – Buying coverage for multiple cars on a single policy may reduce the rate for each vehicle.
• Good Student – Performing well in school can be rewarded with saving of up to 25%. You can use this discount normally until age 25.
• Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of up to 25% or more.
• Include Life Insurance and Save – If the company offers life insurance, you could get lower rates if you buy life insurance.
• Save with a New Car – Insuring a new Camaro can save you some money because newer models are generally safer.
• Payment Discounts – By making one initial payment instead of monthly or quarterly installments you could save up to 5%.
• Safe Driver Discounts – Insureds without accidents can save up to 40% or more on their Seattle car insurance quote than their less cautious counterparts.

Don’t be shocked that most of the big mark downs will not be given to the entire policy premium. A few only apply to individual premiums such as liability and collision coverage. Just because it seems like all the discounts add up to a free policy, it’s just not the way it works.

Large insurance companies and the discounts they provide are outlined below.

• State Farm includes discounts for multiple policy, accident-free, passive restraint, Drive Safe & Save, student away at school, and defensive driving training.
• Nationwide offers discounts for easy pay, anti-theft, accident-free, multi-policy, business or organization, defensive driving, and good student.
• GEICO offers discounts including multi-policy, seat belt use, federal employee, multi-vehicle, and air bags.
• AAA policyholders can earn discounts including multi-policy, education and occupation, multi-car, anti-theft, AAA membership discount, and good driver.
• 21st Century discounts include driver training, defensive driver, homeowners, anti-lock brakes, and air bags.
• The Hartford may have discounts that include air bag, defensive driver, good student, vehicle fuel type, bundle, driver training, and anti-theft.

It’s a good idea to ask all companies you are considering which credits you are entitled to. Depending on the company, some discounts might not be offered on policies in Seattle. To find insurance companies that offer some of these discounts in Seattle, click here.

There are several ways to compare prices from local Seattle insurance companies. The best method to find cheaper rates is to get quotes online.

Just remember that comparing more prices increases your odds of finding the best price.

The providers in the list below can provide comparison quotes in Washington. If the list has multiple companies, we suggest you visit two to three different companies to find the cheapest car insurance rates.

Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Washington minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Table data does not factor in zip code location which can impact coverage rates greatly.

Comparison of policy deductibles

A question often asked by Seattle drivers is how high should your deductibles be. The comparison tables below illustrate the rate differences when you select higher and lower policy deductibles. The first data table uses a $250 comprehensive and collision deductible and the second price chart uses a $500 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Washington minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Price information does not factor in specific zip code location which can impact coverage prices greatly.

We can estimate from the data above that using a $250 deductible would cost the average driver about $15 more each month or $180 a year than quoting the higher $500 deductible. Since the policyholder would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you normally average at a minimum 17 months between claim filings, you would probably save some money by going with a higher deductible.

Premiums by gender and age

The illustration below shows the difference between Chevrolet Camaro auto insurance rates for male and female drivers. The premiums assume no claims or violations, comp and collision included, $1,000 deductibles, drivers are not married, and no discounts are applied.

Driving violations and accidents

The chart below highlights how speeding tickets and at-fault fender-benders can impact Chevrolet Camaro insurance costs for each different age group. The premiums are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no policy discounts are applied.

Four Things That Affect Your Insurance Premiums

It’s important that you understand some of the factors that aid in calculating insurance rates. When you know what positively or negatively influences your rates, this enables you to make decisions that may reward you with lower premium levels.

Responsible drivers have lower premiums – Having a clean driving record can have a huge impact on auto insurance premiums. Good drivers pay lower auto insurance prices than people who have multiple driving citations. Having a single driving citation may cause rates to rise forty percent or more. Drivers who have received license-revoking violations like DUI or willful reckless driving may need to complete a SR-22 with their state DMV in order to keep their license.

Low coverage deductibles can be expensive – Your deductibles are how much the insured will be required to pay if a covered claim is submitted. Physical damage insurance, also called ‘full coverage’, is used to repair damage to your car. Some coverage claims could be collision with another vehicle, hail damage, and having a roll-over accident. The more you pay before a claim is paid (deductible), the lower your rates will be.

Cheaper rates by consolidating – Most major insurance companies allow discounts to insureds who carry more than one policy. It’s known as a multi-policy discount. Even though this discount sounds good, it’s always a smart idea to check prices from other companies to confirm you are receiving the best rates possible.

Deter car thieves – Selecting a car model with a theft deterrent system can save you a little every year. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft and help lower rates.

Chevy Camaro insurance loss statistics – Auto insurance companies use claims history as a tool for profitable underwriting. Vehicles that the data determines to have increased claim numbers or amounts will be charged more to insure.

The table below shows the historical loss data for Chevy Camaro vehicles. For each coverage category, the claim amount for all vehicles combined as an average equals 100. Percentages below 100 imply a favorable loss record, while values that are above 100 indicate more frequent losses or an increased probability of a larger loss.

Buying from insurance agents

Many drivers just prefer to get advice from a local agent and that can be a great decision A nice benefit of getting online price quotes is the fact that drivers can get the best rates and still buy from a local agent.

Once you complete this simple form, your coverage information is immediately sent to local insurance agents who will give you bids and help you find cheaper coverage. There is no reason to contact any insurance agencies as quotes are delivered straight to your inbox. You can get cheaper insurance rates and a licensed agent to talk to. If you need to compare rates from one company in particular, just go to their quote page and give them your coverage information.

Finding the right insurer requires more thought than just a cheap price. Before buying a policy in Seattle, get answers to these questions.

• Is insurance their full-time profession?
• Has the agent ever had any license suspensions?
• Will the quote change when the policy is issued?
• What insurance company do they write the most business with?
• Do they feel the quoted coverages are adequate?
• How would your car be valued if totalled?

If you want a local agent, you must know there are a couple different agency structures and how they function. Insurance agents can either be exclusive agents or independent agents.

Exclusive Insurance Agencies

Agents that elect to be exclusive can only place business with one company and some examples include Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agencies are unable to place coverage with different providers so you might not find the best rates. These agents are usually well trained on their company’s products and that enables them to sell even at higher rates. Drivers often purchase coverage from exclusives mostly because of the brand name and solid financial strength.

Listed below is a list of exclusive insurance agents in Seattle that are able to give price quote information.

• Brian Chambers – State Farm Insurance Agent
  3206 16th Ave W – Seattle, WA 98119 – (206) 285-3003 – View Map
• Allstate Insurance: Carmelita Strong
  5959 Martin Luther King Jr Way S – Seattle, WA 98118 – (206) 725-8969 – View Map
• AAA Washington Insurance Agency – Seattle
  320 NE 97th St c – Seattle, WA 98115 – (206) 529-2700 – View Map

View more Seattle agents

Independent Insurance Agents

These agents are normally appointed by many insurers and that enables them to quote your coverage with multiple insurance companies and find the cheapest insurance rates. If you are not satisfied with one company, your agent can switch companies and you don’t have to switch agencies. When comparing rate quotes, you will definitely want to contact several independent insurance agents to get the best comparison. Most have the option of insuring with lesser-known insurance companies who may have lower rates.

Shown below are Seattle independent insurance agents that are able to give comparison quotes.

• Spangler Insurance
  431 15th Ave E – Seattle, WA 98112 – (206) 329-7447 – View Map
• Grange Insurance Association
  200 Cedar St – Seattle, WA 98121 – (800) 247-2643 – View Map
• C. Don Filer Agency
  4201 Roosevelt Way NE #200 – Seattle, WA 98105 – (800) 701-5909 – View Map

View more Seattle agents

Car insurance is not optional but you don’t have to overpay

Even though Seattle Camaro insurance rates can get expensive, insurance serves a purpose in several ways.

• The majority of states have compulsory liability insurance requirements which means state laws require specific limits of liability coverage in order to drive the car. In Washington 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 your Chevy Camaro has a lien holder, more than likely the lender will stipulate that you have full coverage to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank may buy a policy for your Chevy for a much higher rate and require you to reimburse them for the much more expensive policy.
• Insurance protects your Chevy Camaro and your assets. It will also provide coverage for medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, also covers legal expenses in the event you are sued. If your Chevy gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.

The benefits of insuring your Camaro more than offset the price you pay, especially with large liability claims. In a recent study of 1,000 drivers, the average customer overpays more than $865 each year so compare rate quotes at every renewal to save money.

Persistence will pay off

You just read a lot of techniques to find cheap Chevy Camaro insurance in Seattle. It’s most important to understand that the more providers you compare, the better your comparison will be. You may even discover the best rates are with the least-expected company.

Insureds leave their current company for any number of reasons including poor customer service, not issuing a premium refund, lack of trust in their agent and even high prices. It doesn’t matter why you want to switch switching companies is easier than you think.

Cheap Chevy Camaro insurance in Seattle can be purchased online as well as from insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some companies may not provide the ability to get quotes online and many times these small, regional companies only sell through independent agencies.

More tips and info about auto insurance is available in the articles below:

• Anti-Lock Brake FAQ (iihs.org)
• Who Has Affordable Auto Insurance Rates for Drivers with Bad Credit in Seattle? (FAQ)
• Who Has the Cheapest Seattle Auto Insurance Quotes for Low Income Drivers? (FAQ)
• Who Has the Cheapest Seattle Car Insurance for a School Permit? (FAQ)
• Airbag FAQ (iihs.org)
• Distracted Driving (Insurance Information Institute)