It takes a little time, but the best way to find low-cost Chevy Corvette insurance in Sacramento is to compare prices regularly from insurance carriers who provide car insurance in California. Price quotes can be compared by completing these steps.
First, take a little time to learn about car insurance and the measures you can control to prevent high rates. Many things that result in higher prices like distracted driving and a less-than-favorable credit history can be amended by improving your driving habits or financial responsibility.
Second, request price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can provide rates from a single company like Progressive or State Farm, while agents who are independent can quote prices from many different companies.
Third, compare the price quotes to your existing policy to see if a cheaper price is available in Sacramento. If you can save some money, make sure coverage is continuous and does not lapse.
One thing to point out is to use the same deductibles and limits on each quote and and to compare every company you can. Doing this provides an apples-to-apples comparison and plenty of rates choose from.
Unbelievable but true, most consumers in California have remained with the same car insurance company for at least the last four years, and 38% of drivers have never shopped around. With the average premium in the United States being $1,847, drivers could save roughly 47% a year just by comparing rates, but most undervalue how much money they would save if they swap their current policy for a cheaper one.
Best Chevy Corvette insurance price quotes in California
The auto insurance companies shown below can provide price quotes in California. If multiple companies are listed, we suggest you visit two to three different companies to find the most competitive auto insurance rates.
Analysis of coverages
The premium information displayed below covers detailed analysis of rate quotes for Chevy Corvette models. Having a better understanding of how car insurance prices are established can assist in making smart choices when purchasing an insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Corvette 2-Dr Coupe||$586||$1296||$394||$24||$118||$2,418||$202|
|Corvette GS 2-Dr Coupe||$694||$1446||$394||$24||$118||$2,676||$223|
|Corvette 2-Dr Convertible||$694||$1446||$508||$30||$152||$2,830||$236|
|Corvette GS 2-Dr Convertible||$748||$1598||$508||$30||$152||$3,036||$253|
|Corvette Z06 2-Dr Coupe||$748||$1598||$394||$24||$118||$2,882||$240|
|Corvette ZR1 2-Dr Coupe||$966||$2200||$394||$24||$118||$3,702||$309|
|Get Your Own Custom Quote Go|
Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Rates do not factor in specific garaging location which can affect coverage prices substantially.
The information below illustrates how choosing a deductible and can affect Chevy Corvette insurance costs for each age group. The rate quotes are based on a married female driver, full coverage, and no discounts are applied.
Annual premiums for males versus females in Sacramento
The example below visualizes the comparison of Chevy Corvette auto insurance rates for male and female drivers. The premiums are based on no claims or driving citations, comprehensive and collision coverage, $1,000 deductibles, marital status is single, and no discounts are applied.
Cost comparison with and without full coverage
The chart below visualizes the comparison of Chevy Corvette insurance premiums with and without physical damage coverage. The rate quotes are based on a clean driving record, no at-fault accidents, $1,000 deductibles, single marital status, and no discounts are applied to the premium.
Should you be buying full coverage?
There is no written rule that is best for determining when to drop full coverage, but there is a general convention. If the annual cost of coverage is more than 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Chevy Corvette settlement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $2,000 after the deductible is paid. If you are currently paying more than $200 a year for your policy with full coverage, then you might consider buying liability only.
There are some circumstances where buying only liability insurance is not a good plan. If you haven’t paid off your loan, you have to keep full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should maintain full coverage.
Lower-cost Sacramento insurance quotes with discounts
Not too many consumers would say insurance is affordable, but there could be significant discounts to cut the cost considerably. Certain reductions will be credited when you purchase, but a few need to be requested specifically prior to receiving the credit.
- Accident Forgiveness – This isn’t a discount exactly, but companies like Allstate and Progressive permit an accident without getting socked with a rate hike with the catch being you have to be claim-free for a particular time prior to the accident.
- Safety Restraint Discount – Drivers who always wear seat belts and also require passengers to wear their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
- Theft Deterrent – Anti-theft and alarm system equipped vehicles are stolen less frequently and qualify for as much as a 10% discount.
- Defensive Driver – Taking part in a course in defensive driving is a good idea and can lower rates and easily pay for the cost of the class.
- Multi-policy Discount – If you insure your home and vehicles and place coverage with the same company you could earn a discount of as much as 10 to 15 percent.
- Anti-lock Brake System – Vehicles that have steering control and anti-lock brakes have fewer accidents and the ABS can save up to 10%.
- Senior Discount – If you qualify as a senior citizen, you are able to get reduced rates.
- Accident-Free Discounts – Drivers who don’t have accidents can save substantially in comparison with insureds who have frequent claims or accidents.
A quick disclaimer, some of the credits will not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like comp or med pay. Even though it may seem like you can get free auto insurance, insurance companies wouldn’t stay in business.
The chart below illustrates the difference between Chevy Corvette premium costs with and without policy discounts. The rate quotes are based on a male driver, no claims or driving violations, California state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, multi-car, safe-driver, homeowner, and multi-policy discounts applied.
Popular insurance companies and the discounts they provide can be read below.
- American Family has savings for air bags, mySafetyValet, early bird, multi-vehicle, bundled insurance, and Steer into Savings.
- Farm Bureau may include discounts for driver training, multi-vehicle, 55 and retired, youthful driver, renewal discount, good student, and safe driver.
- State Farm includes discounts for multiple autos, anti-theft, driver’s education, good driver, and defensive driving training.
- Travelers policyholders can earn discounts including early quote, driver training, continuous insurance, hybrid/electric vehicle, and new car.
- The Hartford discounts include air bag, vehicle fuel type, anti-theft, bundle, defensive driver, good student, and driver training.
- GEICO has discounts for five-year accident-free, driver training, anti-theft, anti-lock brakes, multi-vehicle, and good student.
- Progressive offers discounts including multi-policy, homeowner, continuous coverage, multi-vehicle, online quote discount, online signing, and good student.
Before you buy a policy, ask each company or agent to apply every possible discount. Some of the discounts discussed earlier may not apply in your area. To locate insurance companies with discount insurance rates in Sacramento, click this link.
Quote Chevy Corvette Insurance Cheaper
A large part of saving on auto insurance is knowing some of the factors that play a part in calculating the level of your policy premiums. If you have some idea of what impacts premium levels, this empowers consumers to make smart changes that could result in big savings. Many different elements are part of the calculation when pricing auto insurance. Some are obvious such as your driving history, although some other factors are less apparent such as your marital status or your financial responsibility.
Responsible drivers pay less – Whether or not you get tickets influences premium rates substantially. Drivers who don’t get tickets tend to pay less for car insurance than bad drivers. Even a single speeding ticket or other violation can boost insurance rates by twenty percent. People who have multiple citations like DWI, reckless driving or hit and run convictions may find that they have to to complete a SR-22 with their state DMV in order to drive a vehicle legally.
The chart below shows how traffic citations and accident claims can raise Chevy Corvette auto insurance costs for different age groups. The premiums assume a married male driver, comprehensive and collision coverage, $250 deductibles, and no other discounts are factored in.
Buy as much liability insurance as you can afford – Your auto insurance policy’s liability coverage will provide protection in the event that a court rules you are at fault for causing personal injury or damage in an accident. It provides legal defense up to the limits shown on your policy. Liability insurance is quite affordable when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.
Where you reside – Choosing to live in less populated areas of the country may provide you with better prices when shopping for auto insurance. Lower population corresponds to lower accident rates in addition to fewer liability claims. People who live in big cities regularly have more traffic problems and much longer commute distances. More time behind the wheel can result in more accidents.
Never let your policy expire – Driving without insurance is a misdemeanor and auto insurance companies will penalize you for letting your insurance coverage expire. In addition to paying higher rates, not being able to provide proof of insurance may earn you a revoked license or a big fine. You may then have to prove you have insurance by filing a SR-22 with the California motor vehicle department.
Only buy coverage you need – There are quite a few additional coverages that you can get tricked into buying when buying auto insurance. Coverages like replacement cost coverage, towing, and Farm Bureau memberships may be costing you every month. The coverages may be enticing at first, but if you don’t need them eliminate them to save money.
Insurance loss probability for a Chevy Corvette – Car insurance companies factor in historical loss data when they set coverage costs for each model. Models that are shown to have higher frequency or amount of claims will be charged more to insure.
The information below illustrates the actual insurance loss data for Chevy Corvette vehicles. For each insurance policy coverage type, the statistical loss for all vehicles, regardless of make or model, is equal to 100. Percentage values below 100 imply a favorable loss record, while percentage numbers above 100 show a trend for more claims or an increased likelihood of larger losses.
|Specific Chevrolet Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Chevrolet Corvette 2dr||116||36||101||42||48||39|
|Chevrolet Corvette Convertible||99||25||57||36|
|Chevrolet Corvette Z06 2dr||176||126|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Are car insurance agents used anymore?
Some people still prefer to buy from a local agent and we recommend doing that Agents can make sure you are properly covered and give you someone to call. An additional benefit of getting online price quotes is that drivers can save money and get the best rates and still have an agent to talk to. And buying from local insurance agents is important particularly in Sacramento.
To find an agent, once you fill out this quick form, your information is emailed to participating agents in Sacramento who will give you bids and help you find cheaper coverage. It’s much easier because you don’t need to contact any insurance agencies because prices are sent to you instantly. If for some reason you want to compare rates from a specific insurance company, feel free to jump over to their website and submit a quote form there.
Selecting an insurance company shouldn’t rely on just a cheap price. Any good agent in Sacramento should know the answers to these questions.
- Does their agency support local causes in Sacramento?
- Are there any discounts for paying up front?
- How many years of experience in personal auto insurance do they have?
- Will you get a loaner vehicle if you car is being repaired?
- Who is covered by the car insurance policy?
- Are they in the agency full-time?
After getting satisfactory answers to any questions you have and a good coverage price, chances are good that you have found an provider that meets your needs to provide auto insurance coverage. Keep in mind you can cancel your policy when you choose so don’t feel that you are obligated to a specific company for a certain time period.
Persistent drivers can save
Throughout this article, we presented many ways to compare Chevy Corvette insurance rates in Sacramento. It’s most important to understand that the more rate comparisons you have, the better likelihood of getting affordable Sacramento auto insurance quotes. You may even discover the lowest priced auto insurance comes from some of the smallest insurance companies. Regional companies can often insure niche markets at a lower cost compared to the large companies like Allstate, GEICO and Progressive.
As you go through the steps to switch your coverage, you should never reduce needed coverages to save money. There are too many instances where someone sacrificed uninsured motorist or liability limits only to regret that the savings was not a smart move. The ultimate goal is to buy the best coverage you can find at the best possible price while still protecting your assets.
To learn more, take a look at the resources below:
- Anti-Lock Brake FAQ (iihs.org)
- What Auto Insurance is Cheapest for 18 Year Olds in Sacramento? (FAQ)
- Who Has Cheap Sacramento Auto Insurance for a Hyundai Elantra? (FAQ)
- Speed and Speed Limit FAQ (iihs.org)
- Collision Coverage (Liberty Mutual)
- State Car Insurance Guides (GEICO)
- Collision Insurance Coverage (Nationwide)