Chevy Camaro insurance image courtesy of QuoteInspector.com
Do you want to learn to get lower-priced Chevy Camaro insurance in Los Angeles? I can't think of a single person who likes paying for auto insurance, especially knowing they are paying too much.
It's easy to assume that car insurance companies want to keep you from comparing rates. Drivers who compare rates annually will presumably buy a different policy because of the good chance of finding a lower-cost company. Surprisingly, a recent survey revealed that drivers who compared rates annually saved $850 each year compared to policyholders who never compared rates.
If finding the best rates on Chevy Camaro insurance in Los Angeles is your objective, then learning about the best way to quote and compare insurance rates can make it easier to shop your coverage around.
Due to the large number of insurance providers from which to choose, it can be impossible to find a more affordable insurance company.
It's a good habit to do rate comparisons periodically since insurance prices are rarely the same from one policy term to another. Even if you got the best quotes on Chevy Camaro insurance in Los Angeles on your last policy you may be paying too much now. Ignore everything you know about auto insurance because I'm going to teach you the easiest way to save on auto insurance.
Locating the most cost-effective insurance policy in Los Angeles can really be easy if you know what you're doing. Nearly every vehicle owner who is looking for a better price on insurance stands a good chance to find a lower-cost policy. But California consumers can benefit by having an understanding of the methods companies use to market insurance on the web and use it to your advantage.
Best companies for Chevy Camaro insurance
The car insurance companies shown below provide comparison quotes in Los Angeles, CA. If the list has multiple companies, it's highly recommended you click on several of them to get a more complete price comparison.
Chevy Camaro coverage statistics
The data table displayed next outlines estimates of coverage prices for Chevy Camaro models. Learning more about how insurance prices are formulated is important to be able to make smart choices when selecting a coverage provider.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Customized Quote Go|
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in zip code location which can raise or lower premiums substantially.
How violations and accidents impact rates
The example below demonstrates how traffic citations and accidents raise Chevy Camaro car insurance costs for different ages of insureds. The rates are based on a single female driver, comp and collision included, $100 deductibles, and no discounts are applied to the premium.
Insurance rates based on gender
The chart below illustrates the difference between Chevy Camaro auto insurance rates for male and female drivers. The rates are based on no claims or violations, comprehensive and collision coverage, $500 deductibles, drivers are not married, and no additional discounts are factored in.
You may qualify for discounts for Chevy Camaro insurance in Los Angeles
Companies don't always advertise every policy discount very well, so here is a list both well-publicized and the more hidden credits available to bring down your rates. If you are not receiving all the discounts you qualify for, you could be paying more than you need to.
- E-sign Discounts - A handful of insurance companies will provide an incentive for buying your policy digitally online.
- Government Employees - Employees or retirees of the government may reduce rates when you quote Los Angeles car insurance with some auto insurance companies.
- Pay Now and Pay Less - If you pay your entire premium ahead of time rather than paying in monthly installments you could save up to 5%.
- Seat Belts Save - Drivers who always wear seat belts and also require passengers to fasten their seat belts can save a little off the medical payments premium.
- Save with More Vehicles Insured - Drivers who insure multiple vehicles with the same company qualifies for this discount.
- Senior Citizens - If you're over the age of 55, you can get lower premium rates.
One thing to note about discounts is that some credits don't apply to the overall cost of the policy. Most only apply to individual premiums such as physical damage coverage or medical payments. So even though they make it sound like you can get free auto insurance, you're out of luck. But any discount will definitely reduce your auto insurance premiums.
The illustration below illustrates the difference between Chevy Camaro premium costs with and without discounts applied. The prices are based on a female driver, no accidents or driving violations, California state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, safe-driver, claim-free, and marriage discounts applied.
For a list of insurance companies who offer online Chevy Camaro insurance quotes in Los Angeles, click this link.
Los Angeles Insurance Prices are Influenced by These Factors
A large part of saving on insurance is knowing some of the elements that are used to determine insurance rates. If you have a feel for what determines premiums, this allows you to make educated decisions that can earn you much lower annual insurance costs.
Use but don't abuse your insurance - Companies in California generally give lower rates to people who do not file claims often. If you are a frequent claim filer, you can pretty much guarantee higher premiums or even policy non-renewal. Auto insurance is intended for claims that pose a financial burden.
Teenage drivers pay more - Beginning drivers in California are statistically shown to be easily distracted with other occupants in the car therefore insurance rates are much higher. Older insureds are viewed as being more responsible, statistically cause fewer accidents, and usually have better credit.
The chart below assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.
Single drivers may pay more - Having a wife or husband may save some money on your insurance bill. Having a spouse demonstrates that you tend to be more mature and responsible and statistics show being married results in fewer claims.
Increase deductibles to save - Deductibles for physical damage tell how much you are required to pay if a claim is determined to be covered. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some instances where coverage would apply are rear-ending another vehicle, collision with a deer, and damage caused by road hazards. The more expense you're willing to pay, the less money you will pay for insurance.
Claims statistics for a Chevy Camaro - Insurance companies use past loss statistics for each vehicle to calculate a price that will offset any claims. Models that have higher losses will have higher rates.
The table below demonstrates the insurance loss data for Chevy Camaro vehicles. For each policy coverage, the claim amount for all vehicles averaged together is considered to be 100. Percentage values below 100 indicate a favorable loss history, while percentages above 100 indicate a higher chance of having a claim or a tendency for losses to be larger than average.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Chevrolet Camaro 2dr||139||118||123||123||130||127|
|Chevrolet Camaro Convertible||92||85||107||85||95||103|
|Chevrolet Camaro ZL1 2dr||222||80||174|
|Chevrolet Camaro ZL1 Convertible||111||113|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
When in doubt talk to an agent
Always keep in mind that when comparing adequate coverage for your vehicles, there really is not a single plan that fits everyone. Every insured's situation is different.
These are some specific questions might help in determining whether your personal situation could use an agent's help.
- Do I benefit by insuring my home with the same company?
- Can I afford to buy a different vehicle if my Chevy Camaro is totaled?
- When would I need rental car insurance?
- What vehicles should carry emergency assistance coverage?
- Do I have coverage if I rent a car in Mexico?
- Which companies will insure me after a DUI?
- Can I rate high risk drivers on liability-only vehicles?
- What are the best liability limits?
- When do I need to add a new car to my policy?
- Is a blown tire covered by insurance?
If you're not sure about those questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, complete this form.
Local Los Angeles insurance agencies
A lot of people just want to sit down and talk to an agent and we recommend doing that An additional benefit of comparing rate quotes online is that you can find lower rates but also keep your business local.
To help locate an agent, after submitting this simple form, your information is sent to local insurance agents who will give you quotes to get your business. You won't even need to visit any agencies since rate quotes are delivered instantly to you. You can find the lowest rates and work with a local agent. If you need to quote rates for a specific company, don't hesitate to find their quoting web page to submit a rate quote request.
Finding the right insurer shouldn't rely on just a low price. Before buying a policy in Los Angeles, get answers to these questions.
- Is assistance available after office hours?
- Does the agency have a current Errors and Omissions policy?
- Can you use your own choice of collision repair facility?
- Does the agent have a valid license to sell insurance in California?
- Will the company cover a rental car if your car is getting fixed?
- Do they have a Better Business Bureau rating in Los Angeles?
- What are the financial ratings for the companies they represent?
Exclusive agents vs. Independent agents
If you would like to find a reliable agent, you need to know there are two different types of agencies to choose from. Agencies in Los Angeles can be categorized as either independent or exclusive.
Exclusive Car Insurance Agencies
These type of agents can only place business with one company and examples are AAA, Allstate, and State Farm. These agents are not able to provide other company's prices so keep that in mind. These agents are trained well on what they offer which helps them sell insurance even at higher premiums.
Below is a short list of exclusive insurance agents in Los Angeles who can help you get comparison quotes.
Independent Insurance Agents
Agents that elect to be independent are not employed by one company so they can quote policies with many different companies and potentially find a lower price. If they find a cheaper price, your agent can just switch to a different company and you stay with the same agent. When searching for an agent, we recommend you get several quotes from at least one independent agent to maximize your price options.
Shown below are independent insurance agents in Los Angeles that are able to give price quote information.
You can lower your auto insurance rates
Lower-priced auto insurance in Los Angeles is attainable online in addition to many Los Angeles insurance agents, so you should compare both so you have a total pricing picture. Some insurance companies may not offer the ability to get quotes online and most of the time these small insurance companies prefer to sell through independent agents.
Throughout this article, we presented quite a bit of information on how to compare Chevy Camaro insurance premium rates in Los Angeles. The key concept to understand is the more price quotes you have, the better your comparison will be. Drivers may even discover the lowest premium rates are with a company that doesn't do a lot of advertising.
As you shop your coverage around, it's a bad idea to buy less coverage just to save a little money. There are a lot of situations where an insured dropped physical damage coverage and found out when filing a claim that it was a big error on their part. Your objective should be to purchase plenty of coverage at an affordable rate but still have enough coverage for asset protection.
Additional information is located at the links below
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Who Has Cheap Los Angeles Auto Insurance Quotes for Postal Workers? (FAQ)
- Who Has Cheap Car Insurance for a Company Car in Los Angeles? (FAQ)
- Who Has Cheap Los Angeles Auto Insurance Rates for Drivers Over Age 60? (FAQ)
- Eight Auto Insurance Myths (Insurance Information Institute)
- Teen Driver Licensing Information (iihs.org)