Amazingly, a recent NerdWallet.com study showed that about 70% of customers have stayed with the same insurance company for at least four years, and 38% of drivers have never compared rates to find affordable insurance. Many consumers in California can cut their rates by nearly 35% a year just by comparing rates, but most just don’t grasp how much money they would save if they just switched companies.
It takes a few minutes, but the best way to get budget car insurance rates in Sacramento is to annually compare prices from different companies who sell insurance in California.
- First, try to understand the coverage provided by your policy and the steps you can take to drop your rates. Many rating criteria that increase rates such as accidents, careless driving, and a bad credit rating can be eliminated by making minor changes to your lifestyle.
- Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can provide rates from one company like Progressive or Allstate, while agents who are independent can provide rate quotes from multiple insurance companies.
- Third, compare the new rate quotes to your existing policy to determine if switching companies saves money. If you find a better price, make sure there is no coverage gap between policies.
The most important part of shopping around is to use similar limits and deductibles on every quote and and to get prices from as many car insurance companies as possible. Doing this enables an accurate price comparison and a complete price analysis.
What Determines Chevy Aveo Insurance Rates?
Multiple criteria are part of the equation when you get a price on insurance. Some factors are common sense like your driving record, but other criteria are less obvious such as whether you are married or your commute time.
Listed below are just a few of the factors used by insurance companies to determine your rate level.
Infrequent drivers can save – The more you drive your Chevy in a year’s time the higher the price you pay to insure it. A lot of insurance companies rate vehicles based upon how the vehicle is primarily used. Autos left parked in the garage receive better premium rates than those that get driven frequently. Improper usage on your Aveo is throwing money out the window. Make sure your declarations sheet is showing the correct usage for each vehicle, because improper ratings can cost you money.
Urban residents pay more – Residing in areas with lower population can be a good thing when trying to find low car insurance rates. Less people means reduced accidents as well as less vandalism and auto theft. Drivers in populated California areas have more aggressive driving styles and longer commutes to work. Spending more time driving statistically corresponds to a higher accident and claim rate.
Younger drivers are expensive to insure – Older, more experienced drivers are proven to be safer behind the wheel, cost insurance companies less in claims, and are safer drivers. Inexperience drivers have been known to be careless and easily distracted in a vehicle therefore auto insurance rates are much higher.
The following data assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.
Is you job costing you more? – Do you have a high-stress occupation? Occupational choices like fire fighters, police officers, and miners have the highest average rates attributed to intense work-related stress and lots of time spent away from family. Conversely, occupations such as professors, athletes and performers receive lower rates.
First Step: Get free Chevy Aveo insurance quotes
When price shopping your coverage, comparing more quotes will increase your chances of finding lower pricing.
The providers in the list below offer quotes in Sacramento, CA. If multiple companies are listed, we recommend you click on several of them to get a more complete price comparison.
Insurance analysis for a Chevy Aveo
The rate information shown below highlights detailed analysis of policy rates for Chevy Aveo models. Having a good grasp of how auto insurance policy rates are calculated can aid in making informed coverage decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $234 | $524 | $596 | $36 | $178 | $1,568 | $131 |
| Aveo LS 4-Dr Sedan | $234 | $524 | $596 | $36 | $178 | $1,568 | $131 |
| Aveo LT 4-Dr Hatchback | $264 | $524 | $596 | $36 | $178 | $1,598 | $133 |
| Aveo LT 4-Dr Sedan | $264 | $524 | $596 | $36 | $178 | $1,598 | $133 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Prices do not factor in vehicle location which can decrease or increase rates noticeably.
Higher deductibles save money
When comparing insurance rates, the most common question is how high or low should comp and collision deductibles be. The premium rates below can help show the rate differences of buying low and high physical damage deductibles. The first set of rates uses a $250 physical damage deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $342 | $678 | $442 | $26 | $132 | $1,645 | $137 |
| Aveo LS 4-Dr Sedan | $342 | $678 | $442 | $26 | $132 | $1,645 | $137 |
| Aveo LT 4-Dr Hatchback | $386 | $678 | $442 | $26 | $132 | $1,689 | $141 |
| Aveo LT 4-Dr Sedan | $386 | $678 | $442 | $26 | $132 | $1,689 | $141 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $210 | $426 | $442 | $26 | $132 | $1,236 | $103 |
| Aveo LS 4-Dr Sedan | $210 | $426 | $442 | $26 | $132 | $1,236 | $103 |
| Aveo LT 4-Dr Hatchback | $238 | $426 | $442 | $26 | $132 | $1,264 | $105 |
| Aveo LT 4-Dr Sedan | $238 | $426 | $442 | $26 | $132 | $1,264 | $105 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Premium costs do not factor in vehicle location which can impact auto insurance rates considerably.
We can estimate from the data above that using a $250 deductible will cost in the ballpark of $35 more each month or $420 annually than selecting the higher $1,000 deductible. Since you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you have more than 21 months between claim filings, you would more than likely save some money if you elect the higher deductible.
How to decide to raise your deductibles
| Average monthly premium for $250 deductibles: | $139 |
| Average monthly premium for $1,000 deductibles (subtract): | – $104 |
| Monthly savings from raising deductible: | $35 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $35 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
One big caveat is that increasing deductibles to save money results in a higher out-of-pocket expense if you have a claim. That will necessitate enough disposable income in the event you have to pay the higher deductible.
Violations and accidents raise rates
The information below demonstrates how citations and accident claims impact Chevy Aveo insurance rates for different age groups. The price estimates are based on a single male driver, full coverage, $250 deductibles, and no additional discounts are factored in.
Does full coverage make sense?
The chart below illustrates the comparison of Chevy Aveo car insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums are based on no violations or accidents, $1,000 deductibles, single marital status, and no policy discounts are applied.
When to stop buying physical damage coverage
There isn’t a written rule of when to drop physical damage coverage, but there is a general guideline. If the annual cost of coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Chevy Aveo replacement cost is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company will settle for is $2,000 after paying the physical damage deductible. If you are paying over $200 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are a few cases where eliminating full coverage is not in your best interest. If you haven’t satisfied your loan, you have to maintain 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 keep full coverage on your policy.
Insurance is an important decision
Even though it can be expensive, buying insurance serves an important purpose.
First, almost all states have mandatory insurance requirements which means the state requires specific minimum amounts of liability in order to be legal. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if your vehicle has a loan, most lenders will make it a condition of the loan that you have comprehensive coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank will be required to insure your Chevy at a much higher premium rate and force you to pay a much higher amount than you were paying before.
Third, insurance safeguards not only your vehicle but also your financial assets. Insurance will also pay for all forms of medical expenses that are the result of an accident. As part of your policy, liability insurance will also pay to defend you if you cause an accident and 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 having insurance definitely exceed the cost, particularly for liability claims. Despite what companies tell you, the average driver is overpaying over $800 each year so we recommend shopping around every year to ensure rates are inline.
Affordable Chevy Aveo insurance quotes in Sacramento
Some insurance providers do not advertise their entire list of discounts in a way that’s easy to find, so the following is a list of some of the best known and the harder-to-find credits that you can use to lower your rates.
- Good Student – Excelling in school may save as much as 25% on a Sacramento auto insurance quote. The discount lasts up to age 25.
- Military Discounts – Being on active deployment in the military may lower your premium rates slightly.
- Low Miles Discount – Driving less can earn lower rates due to less chance of an accident.
- Telematics Devices – People who choose to allow their company to monitor when and where they use their vehicle by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates as long as the data is positive.
- Student in College – College-age children who are enrolled in a college that is more than 100 miles from Sacramento and do not have access to a covered vehicle could qualify for this discount.
We need to note that many deductions do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as comp or med pay. So even though you would think you can get free auto insurance, it just doesn’t work that way.
The example below visualizes the comparison of Chevy Aveo yearly insurance costs with and without some available policy discounts. The information is based on a female driver, a clean driving record, no claims, California state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, multi-car, homeowner, marriage, and claim-free discounts applied.
If you would like to choose from a list of providers that have a full spectrum of discounts in Sacramento, click here.
Car insurance agents near you
Some people still like to get advice from a local agent and that is OK! A nice benefit of getting free rate quotes online is you can get the lowest rates and still have an agent to talk to.
To find an agent, once you fill out this form (opens in new window), your coverage information is emailed to companies in Sacramento who will give competitive quotes and help you find cheaper coverage. You never need to search for any insurance agencies due to the fact that quote results will go to you. You can find better rates and an insurance agent to talk to. If for some reason you want to compare prices from one company in particular, you just need to visit that company’s website and give them your coverage information.
Finding a good company requires you to look at more than just a cheap price quote. These are valid questions to ask:
- Is the coverage adequate for your vehicle?
- Do they have 24-hour customer assistance?
- How will an accident affect your rates?
- Is insurance their full-time profession?
- What companies can they write with?
- Are they properly licensed to sell insurance in California?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- If you are a high risk driver, do they have special markets for your coverage?
The different types of auto insurance agents
When narrowing the list to find a reliable agent, it helps to know the two types of agencies from which to choose. Insurance agencies in Sacramento can be classified as either independent (non-exclusive) or exclusive.
Exclusive Agencies
These type of agents can only provide one company’s prices such as Allstate, Farmers Insurance or State Farm. They generally cannot compare other company’s rates so it’s a take it or leave it situation. Exclusive agencies are usually well trained on what they offer which helps them sell on service rather than price. Consumers frequently use the same agent mostly because of the brand name and the convenience of having a single billing for all their coverages.
The following is a list of exclusive insurance agencies in Sacramento that are able to give comparison quotes.
- Ron Andre – State Farm Insurance Agent
394 Florin Rd – Sacramento, CA 95831 – (916) 428-2918 – View Map - Barbara Etrick – State Farm Insurance Agent
6332 Florin Rd – Sacramento, CA 95823 – (916) 822-5110 – View Map - Jordan Backhaus – State Farm Insurance Agent
4315 Elkhorn Blvd Ste B – Sacramento, CA 95842 – (916) 331-1135 – View Map
Independent Car Insurance Agencies
Agents that choose to be independent are not limited to a single company so they can insure your vehicles with many different companies and possibly get better coverage at lower prices. If your premiums go up, they can switch companies in-house which requires no work on your part.
If you are comparing rate quotes, you should always get insurance quotes from at least one independent agent to have the most options to choose from. Many can place coverage with lesser-known insurance companies that may have much lower rates than larger companies.
Below is a short list of independent insurance agencies in Sacramento that are able to give price quotes.
- Castro Property and Commercial Insurance
155 15th St c – West Sacramento, CA 95691 – (916) 482-9600 – View Map - Foster and Parker Insurance Agency
2020 Hurley Way – Sacramento, CA 95825 – (916) 481-0689 – View Map - Eugene C. Yates Insurance Agency
2021 P St – Sacramento, CA 95811 – (916) 313-6100 – View Map
When to get professional advice
When selecting a policy, there isn’t really a “perfect” insurance plan. Everyone’s situation is unique and a cookie cutter policy won’t apply.
For example, these questions may help you determine whether or not you will benefit from professional help.
- Do I pay less for low miles?
- Why do I have to buy liability insurance?
- Am I covered if I break a side mirror?
- When does my teenage driver need to be added to my policy?
- Is there coverage for my trailer?
- Do I have coverage when making deliveries for my home business?
If you’re not sure about those questions but one or more may apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.
You can find affordable coverage
You just read quite a bit of information on how to compare Chevy Aveo insurance car insurance rates in Sacramento. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. You may even find the lowest priced insurance comes from a company that doesn’t do a lot of advertising. They can often provide lower premium rates in certain areas as compared to the big name companies such as Allstate and Progressive.
Lower-priced insurance in Sacramento can be sourced both online as well as from insurance agents, and you should be comparing both in order to have the best price selection to choose from. Some insurance companies do not offer online rate quotes and many times these regional carriers only sell through independent agents.
Other articles
- Understanding Limits and Deductibles (Allstate)
- Who Has Affordable Sacramento Car Insurance Quotes for Ride Shares? (FAQ)
- How Much is Sacramento Car Insurance for a Jeep Wrangler? (FAQ)
- What Car Insurance is Cheapest for Drivers with Good Credit in Sacramento? (FAQ)
- How Much is Sacramento Auto Insurance for a Chevrolet Malibu? (FAQ)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Car Insurance FAQ (Trusted Choice)