Best Quotes for Chevy Corvette Insurance in Atlanta

Looking for low-cost insurance rates in Atlanta, GA? Atlanta consumers have a choice when looking for affordable Chevy Corvette insurance. You can either waste hours contacting agents to get rate comparisons or use the internet to compare rates. There is a better way to find insurance online so you’re going to learn the quickest way to get price quotes on a Chevy and find the cheapest rates from Atlanta insurance agents and online providers.

A recent study showed that a large majority of consumers kept their policy with the same company for more than four years, and just under half have never compared rates with other companies. Georgia drivers could save nearly 60% a year just by comparing rates, but they don’t understand how simple it is to compare rate quotes.

The following companies offer price comparisons in Georgia. If the list has multiple companies, we recommend you click on several of them to get a more complete price comparison.

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Georgia minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Price estimates do not factor in Atlanta location which can change auto insurance rates substantially.

An analysis of deductible level

One common question asked by Atlanta drivers is where should you set your physical damage deductibles. The following insurance rates lay out the rate difference when you select higher and lower deductibles. The first rate table uses a $250 physical damage deductible and the second rate chart uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Georgia minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Rates do not factor in the specific area where the vehicle is garaged which can revise price quotes noticeably.

We can derive from the above data that using a $250 deductible costs roughly $49 more each month or $588 every year than requesting the higher $1,000 deductible. Because you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go more than 15 months between claims, you would probably be better off if you choose the higher deductible. Here’s the way you can make your own decision.

One thing to note is that higher deductibles means you will have to pay more if you have a claim. That will necessitate enough disposable savings in the event you have to pay more for the deductible.

Deductible comparison

The illustration below demonstrates how deductible levels and can affect Chevrolet Corvette insurance premiums for different age groups of insureds. The data is based on a married male driver, full physical damage coverage, and no discounts are applied.

Cost difference between full coverage and liability

The illustration below shows the comparison of Chevrolet Corvette auto insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Georgia. The prices are based on no claims or driving citations, $100 deductibles, married male driver, and no discounts are applied to the premium.

When to stop buying full coverage

There is no clear-cut rule for phasing out full coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than around 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.

For example, let’s pretend your Chevrolet Corvette book value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $7,000 after the deductible is paid. If you are paying over $700 a year for full coverage, then it’s probably a good time to buy liability coverage only.

There are a few cases where only buying liability is not financially feasible. If you have an outstanding loan on your vehicle, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.

Chevy Corvette insurance discounts in Atlanta

Car insurance is not cheap, but you may find discounts that you may not even be aware of. Certain discounts will be applied at quote time, but some may not be applied and must be inquired about before being credited.

• Professional Organizations – Belonging to qualifying clubs or civic groups is a simple method to lower premiums on your next renewal.
• Active Military Service – Having an actively deployed family member may qualify for rate reductions.
• Senior Discount – Seniors are able to get reduced rates.
• Telematics Discount – Drivers who elect to allow data collection to look at driving manner remotely such as State Farm’s In-Drive could see a rate decrease if their driving habits are good.
• Discount for Life Insurance – Some companies give a lower premium rate if you buy a life policy as well.
• Accident Forgiveness Coverage – This isn’t a discount exactly, but a few companies such as State Farm and Progressive permit an accident without raising rates if you are claim-free before the accident.
• Driver Safety – Taking a course that instructs on driving safety can save you 5% or more if your company offers it.

Remember that many deductions do not apply to the entire cost. Most only reduce the cost of specific coverages such as collision or personal injury protection. If you do the math and it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

Some of the insurance companies who might offer these benefits include:

• Farm Bureau
• MetLife
• Progressive
• AAA
• American Family
• GEICO
• State Farm

When comparing rates, check with each company which credits you are entitled to. A few discounts might not be offered in Atlanta.

What Determines Chevy Corvette Insurance Premiums?

It’s important that you understand some of the factors that are used to determine the rates you pay for car insurance. When consumers understand what influences your rates, this enables informed choices that could result in lower rates. Many different elements are part of the equation when you quote your car insurance policy. Some are obvious like a motor vehicle report, but others are more transparent like your vehicle usage or your commute time.

The following are most of the major factors used by insurance companies to determine your rate level.

• Fewer miles means better prices – The more miles you rack up on your Chevy every year the more it will cost to insure it. Most insurance companies calculate prices determined by how the vehicle is used. Vehicles that are left in the garage cost less to insure compared to those used for work or business. A policy that improperly rates your Corvette can result in significantly higher rates. It’s a good idea to make sure your vehicle rating states the proper vehicle usage.
• Little extras can really add up – Insurance companies have many optional add-on coverages that can waste your money on your Corvette policy. Things like vanishing deductibles, accidental death, and membership fees are probably not needed. You may think they are a good idea when buying your policy, but if you’ve never needed them in the past think about removing them and cutting costs.
• When should you file a insurance claims? – Insurance companies in Georgia provide the lowest premiums to drivers who file claims infrequently. If you are a frequent claim filer, you can expect higher premiums or even policy non-renewal. Auto insurance is meant to be used in the event of claims that you cannot pay yourself.
• What’s your car’s safety rating? – Safe vehicles can get you lower premiums. Safer cars reduce occupant injuries and fewer serious injuries translates directly to fewer claims and lower rates for you. If the Chevy Corvette is rated at least four stars on Safercar.gov you may be receiving a better rate.
• Teenagers are high risk – Older drivers tend to be more responsible, file fewer claims, and receive fewer citations.Teenage drivers are statistically shown to be easily distracted when driving and because of this, their car insurance rates are much higher.
• Never let your car insurance policy lapse – Driving without insurance is against the law and you may have a hard time finding new coverage because you let your insurance expire. Not only will you pay higher rates, the inability to provide proof of insurance might get you a license revocation or jail time. You may have to submit proof of financial responsibility or a SR-22 with the Georgia DMV.
• High credit rating translates to low rates – Your credit rating is likely to be a major factor in calculating your car insurance rates. If your credit rating is not that good, you could pay less to insure your Chevrolet Corvette by spending a little time repairing your credit. People with excellent credit scores tend to file fewer claims as compared to drivers with lower credit scores.
• Get a ticket, pay higher rates – Only having one speeding ticket can increase the cost of insurance forty percent or more. Attentive drivers pay less for auto insurance as compared to those with violations. Drivers who have gotten dangerous violations like reckless driving or DUI may face state-mandated requirements to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent their license from being revoked.
• Chevy Corvette claim probability – Auto insurance companies include the past claim history for a vehicle to determine a price that will be profitable for them. Vehicles that are shown to have higher losses will cost more for specific coverages. The table below demonstrates the insurance loss data for Chevy Corvette vehicles.

  For each coverage category, the loss probability for all vehicles, regardless of make, model or trim level, is considered to be 100. Values under 100 suggest a positive loss record, while numbers above 100 indicate higher probability of having a loss or a tendency for losses to be larger than average.

  Auto Insurance Loss Data for Chevrolet Corvette Models

  Vehicle Make and 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

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Shop online but buy locally

A lot of people would rather get advice from a local agent and doing that can be a smart decision Good agents will help you protect your assets and give you someone to call. The best thing about comparing car insurance online is the fact that drivers can get the best rates and still buy from a local agent.

Upon completion of this short form, the coverage information is instantly submitted to companies in Atlanta that can give you free Atlanta auto insurance quotes for your insurance coverage. There is no need to find an agent on your own due to the fact that quote results will go directly to you. If you wish to compare prices from a specific insurance company, you can always jump over to their website and fill out their quote form.

Picking the best provider requires more thought than just the bottom line cost. These are some valid questions you should ask.

• Will the agent help in case of a claim?
• Are they actively involved in the community?
• Can glass claims be handled at your home?
• How many companies do they write for?
• If you have an accident, will your rates go up?
• Are aftermarket or OEM parts used to repair vehicles?
• Is assistance available after office hours?

If you want to use a reliable insurance agency, you should know the types of insurance agents and how they are distinctly different. Insurance agencies in Atlanta are classified as either independent agents or exclusive agents. Both can sell and service car insurance coverage, but it’s important to point out how they are different since it could factor into your agent selection.

Exclusive Agents

Agents that elect to be exclusive can only provide one company’s prices and some examples include AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot compare other company’s rates so always compare other rates. Exclusive insurance agents are usually well trained on their company’s products which aids in selling service over price. Consumers frequently use the same exclusive agent primarily because of the prominence of the brand rather than having the cheapest rates.

Below are Atlanta exclusive insurance agents who can help you get rate quotes.

• Quentin Franklin – State Farm Insurance Agent
  587 Virginia Ave NE Unit 3A – Atlanta, GA 30306 – (404) 575-4147 – View Map
• Rob Hill – State Farm Insurance Agent
  2800 Shallowford Rd NE, Ste A-B – Atlanta, GA 30341 – (678) 791-7132 – View Map
• Allstate Insurance: Laura Leidigh
  7 Lenox Pointe NE – Atlanta, GA 30324 – (404) 233-5650 – View Map

View more agents

Independent Car Insurance Agencies

Independent agencies are not employed by any specific company and that enables them to quote your coverage through many different car insurance companies and possibly get better coverage at lower prices. If they find a cheaper price, the agent simply finds a different carrier and you don’t have to do anything.

If you are comparing car insurance prices, you definitely need to get several quotes from multiple independent agents so that you have a good selection of quotes to compare. Most also have access to smaller companies which may have better rates.

The following is a list of independent agencies in Atlanta that are able to give comparison quotes.

• Nationwide Insurance: Tommy Jones Agency
  3201 Atlanta Industrial Pkwy NW b220 – Atlanta, GA 30331 – (404) 660-3821 – View Map
• Nationwide Insurance: Walter Wade Agency
  4401 Northside Pkwy NW #311 – Atlanta, GA 30327 – (404) 550-3448 – View Map
• Yates Insurance Agency
  2800 Century Pkwy NE #300 – Atlanta, GA 30345 – (404) 633-4321 – View Map

View more agents

Once you have received answers to your satisfaction to any questions you have and an affordable coverage quote, you’ve probably found an insurance agent that is a good match to adequately provide car insurance.

Cheap coverage is out there

Drivers who switch companies do it for any number of reasons including extreme rates for teen drivers, denial of a claim, questionable increases in premium or even being labeled a high risk driver. Regardless of your reason, switching insurance companies is easier than you think.

When trying to cut insurance costs, you should never reduce coverage to reduce premium. In too many instances, an insured dropped liability limits or collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The aim is to buy a smart amount of coverage at the lowest possible cost while still protecting your assets.

We’ve covered a lot of ways to shop for Chevy Corvette insurance online. It’s most important to understand that the more quotes you get, the more likely it is that you will get a better rate. You may even be surprised to find that the lowest car insurance rates are with some of the smallest insurance companies.

More detailed insurance information is located in these articles:

• State Laws for Cellphones and Texting (iihs.org)
• Who Has Affordable Atlanta Auto Insurance Rates for Drivers with Good Credit? (FAQ)
• Who Has Cheap Atlanta Auto Insurance Quotes for 18 Year Olds? (FAQ)
• Who Has Cheap Auto Insurance for Infrequent Drivers in Atlanta? (FAQ)
• How Much is Atlanta Auto Insurance for Drivers Requiring a SR22? (FAQ)
• What Car Insurance is Cheapest for a GMC Sierra in Atlanta? (FAQ)
• Who Has the Cheapest Atlanta Car Insurance Rates for 16 Year Olds? (FAQ)
• How Much is Atlanta Car Insurance for a Chevrolet Silverado? (FAQ)
• Who Has the Cheapest Car Insurance Rates for Uber Drivers in Atlanta? (FAQ)
• Dangers of fake or stolen airbags (Insurance Institute for Highway Safety)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)