It takes a few minutes, but the best way to get cheaper Chevy Bolt insurance in Boston is to compare prices annually from insurance carriers who sell insurance in Massachusetts.
Step 1: Read and learn about the different coverages in a policy and the modifications you can make to prevent expensive coverage. Many rating criteria that cause rate increases like at-fault accidents, careless driving, and a less-than-favorable credit rating can be improved by improving your driving habits or financial responsibility. Continue reading for additional tips to help keep prices low and find hidden discounts.
Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from one company like Progressive and State Farm, while agents who are independent can provide rate quotes for a wide range of companies. Begin your rate comparison
Step 3: Compare the quotes to your existing rates to determine if you can save on Bolt insurance. If you find a better price and decide to switch, make sure coverage is continuous and does not lapse.
Step 4: Give notification to your agent or company to cancel your current coverage. Submit payment along with a signed and completed policy application to the new insurer. Once coverage is bound, put the new certificate of insurance in an easily accessible location.
One key aspect when comparing rates is to use the same deductibles and limits on each price quote and and to get price estimates from as many carriers as you can. This ensures a fair price comparison and a better comparison of the market.
Everyone knows that car insurance companies don’t want you shop around. Consumers who shop around for cheaper prices will, in all likelihood, buy a different policy because there is a good chance of finding better rates. A recent survey revealed that people who made a habit of comparing rates saved on average $865 a year as compared to drivers who don’t regularly compare prices.
If finding budget-friendly rates on Chevy Bolt insurance is your ultimate objective, then having some insight into how to quote and compare insurance can make shopping around easier.
There are several ways of comparing rate quotes from different Boston insurance companies. The simplest method to comparison shop is to jump online and get quotes.
It’s so fast and easy to compare quotes online that it takes the place of having to call or drive to local Boston insurance agencies. Buying insurance online eliminates this option unless you require the trained guidance that only a licensed agent can provide. It is possible with some companies compare online quotes but buy the policy through an agent.
Just keep in mind that obtaining a wide range of quotes helps locate more affordable insurance. Not every company allows you to get Boston Bolt insurance quotes online, so you also need to get price quotes from the smaller companies as well.
The companies shown below can provide comparison quotes in Boston, MA. If you want the best auto insurance in Boston, we recommend you visit as many as you can to get a more complete price comparison.
Why do I need car insurance?
Even though it can be expensive, insuring your vehicle is required in Massachusetts but also provides important benefits.
- Most states have minimum mandated liability insurance limits which means you are required to buy a minimum amount of liability coverage if you want to drive legally. In Massachusetts these limits are 20/40/5 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If your Chevy Bolt has a lienholder, almost all lenders will stipulate that you have comprehensive coverage to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Chevy at a much higher rate and make you pay for it.
- Car insurance preserves both your assets and your vehicle. It also can pay for medical expenses for both you and anyone you injure as the result of an accident. Liability coverage also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of insuring your car definitely exceed the cost, especially when you need to use it. But the average American driver is wasting up to $800 each year so it’s recommended you shop around once a year at a minimum to make sure the price is not too high.
Informed Consumers Can Lower Insurance Rates
The best way to find cheaper car insurance is to take a look at some of the factors that help determine the price you pay for car insurance. When you know what positively or negatively influences your rates, this enables you to make decisions that can earn you much lower annual insurance costs.
Listed below are some of the things used by insurance companies to determine rates.
Employer can influence premiums – Occupations such as real estate brokers, social workers, and miners generally pay higher rates than average in part from intense work situations and long work hours. Conversely, professions such as farmers, historians and performers get better rates.
Small coverages can add up – There are quite a few optional add-on coverages that sound like a good idea at the time if you don’t pay attention. Coverage for things like personal injury protection, accident forgiveness, and membership fees are some examples. The coverages may be enticing when discussing your needs, but if you have no use for them consider taking them off your policy.
Liability protection is peace of mind – Your car insurance policy’s liability coverage will protect you if ever you are ruled to be at fault for causing personal injury or damage in an accident. Your liability coverage provides legal defense coverage up to the limits shown on your policy. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so do not cut corners here.
File claims and pay more – Companies in Massachusetts provide better rates to insureds who are claim-free. If you tend to file frequent claims, you can expect higher premiums or even policy non-renewal. Insurance coverage is meant to be used in the event of the large, substantial claims.
Tickets and citations cost more than a fine – Even a single speeding ticket or other violation could increase your next policy renewal to the point where it’s not affordable. Attentive drivers get better rates than bad drivers. Drivers with flagrant violations such as reckless driving or DUI may find they need to file a SR-22 with their state DMV in order to legally drive a vehicle.
Annual miles is a factor – The higher the mileage driven each year the more you will pay for car insurance. The majority of insurers charge rates based on how the vehicle is used. Vehicles that sit idle most of the time qualify for better rates compared to those used for work or business. It’s always a good idea to double check that your car insurance declarations sheet is rated on the proper vehicle usage, because it can save money. An incorrectly rated Bolt can result in significantly higher rates.
More traffic equals higher rates – Having an address in small towns and rural areas has definite advantages when insuring your vehicles. Less people living in that area corresponds to lower accident rates in addition to lower liability claims. People who live in big cities have to deal with more road rage incidents and higher rates of accident claims. More time commuting means more chance of being in an accident.
Take policy discounts and save on Chevy Bolt insurance in Boston
Properly insuring your vehicles can get expensive, but discounts can save money and there are some available that many consumers don’t even know exist. Certain credits will be shown when you purchase, but a few need to be manually applied before being credited.
- Low Mileage Discounts – Keeping the miles down on your Chevy can qualify you for slightly better premium rates than normal.
- Waiver for an Accident – This one isn’t a discount, but some companies like Allstate, State Farm and GEICO will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims for a specific time period.
- Military Rewards – Being on active deployment in the military could qualify you for better insurance rates.
- Driver’s Education for Students – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in school.
- Pay Upfront and Save – By paying your entire bill at once instead of monthly or quarterly installments you could save 5% or more.
- Claim-Free Discount – Insureds who avoid accidents and claims can save substantially compared to accident-prone drivers.
- Discounts for Government Workers – Having worked for a branch of the government could provide a small rate reduction with a few insurance companies.
Discounts reduce rates, but you should keep in mind that most discounts do not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as collision or personal injury protection. Even though it may seem like you would end up receiving a 100% discount, companies wouldn’t make money that way. Any qualifying discounts will cut your premiums.
For a list of insurers who offer discounts in Boston, click here.
How much insurance do I need?
Always keep in mind that when comparing your policy for your personal vehicles, there really is not a perfect coverage plan. Your situation is unique so your insurance needs to address that.
For instance, these questions might point out whether your personal situation might need professional guidance.
- What are the liability requirements in my state?
- Is business property covered if stolen from my car?
- Does coverage extend to a rental car in a foreign country?
- Do I need special endorsements for business use of my vehicle?
- Who is covered when they drive my Chevy Bolt?
- Exactly who is provided coverage by my policy?
- Am I covered if my car is in a flood?
- Can my teen drive my company car?
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance companies in your area.
When should I contact an insurance agency?
Some people would rather buy from a licensed agent and that can be a smart move The biggest benefit of getting online price quotes is that you can obtain cheap car insurance rates and still choose a local agent.
Once you complete this simple form, your insurance data is sent to participating agents in Boston who want to provide quotes for your insurance coverage. There is no need to contact any agents because quoted prices will be sent to you directly. You can find lower rates and a licensed agent to work with. If you need to quote rates from a specific insurance company, feel free to visit that company’s website and submit a quote form there.
Finding a good provider is decision based upon more than just the bottom line cost. Any agent in Boston should have no problem answering these questions:
- How experienced are they in personal risk management?
- Are there any extra charges for paying monthly?
- Are they able to provide referrals?
- What are their preferred companies if they are an independent agency?
- Will high miles depreciate repair valuations?
- Do the companies they represent have a solid financial rating?
- Does the company use OEM repair parts?
A conclusion for your auto insurance search
As you quote Boston auto insurance, you should never skimp on coverage in order to save money. There are too many instances where an insured dropped collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal is to get the best coverage possible at the best possible price and still be able to protect your assets.
Budget-friendly auto insurance in Boston can be sourced both online and from local insurance agents, and you should be comparing both in order to have the best chance of saving money. There are still a few companies who may not provide rates over the internet and usually these regional carriers provide coverage only through local independent agents.
- Older Drivers FAQ (iihs.org)
- Who Has Cheap Boston Car Insurance Rates for Retired Military? (FAQ)
- How Much are Car Insurance Rates for Electric Cars in Boston? (FAQ)
- What Car Insurance is Cheapest for Real Estate Agents in Boston? (FAQ)
- What Car Insurance is Cheapest for Nurses in Boston? (FAQ)
- Who Has the Cheapest Auto Insurance for a Ford Explorer in Boston? (FAQ)
- Collision Coverage (Liberty Mutual)
- Auto Theft Statistics (Insurance Information Institute)
- Rental Reimbursement Coverage (Allstate)