Insurance rates Chevy Corvette in EvansvilleHow long has it been since you shopped around for low-cost Chevy Corvette insurance in Evansville? Nobody I know likes having to buy auto insurance, especially when they know they could lower their rates if they shopped around.

Sadly, over 70% of drivers have stayed with the same insurance company for well over three years, and almost half have never quoted auto insurance rates at all. Many drivers in Indiana can save approximately 55% each year, but they won't spend time to shop around.

Lots of car insurance companies contend to insure your vehicles, so it can be very hard to choose a insurer and get the best coverage at the lowest price on Chevy Corvette insurance in Evansville.

It is always a good idea to compare prices on a regular basis because prices change regularly. Just because you had the best rates on Chevy Corvette insurance in Evansville last year you will most likely find a better premium rate today. Ignore everything you know about auto insurance because you're going to get a crash course in how to use online quotes to reduce your cost while increasing coverage.

What Determines Chevy Corvette Insurance Costs?

It's important that you understand the factors that are used to determine your auto insurance rates. If you have some idea of what influences your rates, this allows you to make good choices that may reward you with cheaper rates. Multiple criteria are considered when you get a price on insurance. Some are obvious like your driving record, although some other factors are not quite as obvious such as your credit history and annual miles driven.

Save money with good credit - Having a bad credit score is likely to be a major factor in determining your rates. Drivers with excellent credit scores tend to be better risks to insure than drivers with lower credit ratings. If your credit score leaves room for improvement, you may save money insuring your Chevrolet Corvette by repairing your credit.

Long commutes cost more - The more miles you rack up on your Chevy in a year the higher your rates will be. A lot of companies apply a rate based upon how the vehicle is primarily used. Cars and trucks not used for work or commuting qualify for better rates as compared to vehicles used primarily for driving to work. An incorrectly rated Corvette may be costing you. It's a smart idea to ensure your auto insurance policy states annual mileage, because it can save money.

Auto insurance rates and age - Drivers with little experience have been known to be inattentive behind the wheel so auto insurance rates are higher. More experienced drivers are shown to be more cautious, cost insurance companies less in claims, and receive fewer citations.

Your gender affects costs - Over the last 30 years, statistics show that men are more aggressive behind the wheel. The data does not necessarily mean that men are worse drivers. Females and males are in auto accidents in similar numbers, but the males cause more damage and cost insurance companies more money. Not only are claims higher, but men get higher numbers of serious violations like driving under the influence (DUI).

Insurance loss data for Chevy Corvette vehicles - Insurance companies analyze the history of losses when setting rates for each model. Vehicles that tend to have higher losses will have higher premium rates. The table below demonstrates the collected loss data for Chevy Corvette vehicles.

For each policy coverage, the loss probablilty for all vehicles as a whole is equal to 100. Percentage values below 100 indicate a favorable loss history, while values over 100 point to more claims or statistically larger losses.

Car Insurance Loss Data for Chevrolet Corvette Models

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

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

The quickest way to compare policy rates for Chevy Corvette insurance in Evansville is to understand most insurance companies pay for the opportunity to give rate comparisons. The only thing you need to do is give them some information like whether you drive to work or school, if the vehicle is leased, whether you are married, and any included safety features. That information is sent automatically to insurance companies and you will get price comparisons quickly.

To check rates for your Chevy Corvette now, click here and complete the quick form.

The providers in the list below are ready to provide free rate quotes in Evansville, IN. If multiple providers are shown, it's a good idea that you visit as many as you can in order to find the most competitive rates.

Chevrolet Corvette Insurance Rates in Evansville, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corvette 2-Dr Coupe $144 $292 $174 $10 $52 $672 $56
Corvette GS 2-Dr Coupe $306 $614 $194 $12 $58 $1,184 $99
Corvette 2-Dr Convertible $190 $406 $270 $16 $80 $962 $80
Corvette GS 2-Dr Convertible $330 $678 $270 $16 $80 $1,374 $115
Corvette Z06 2-Dr Coupe $204 $426 $194 $12 $58 $894 $75
Corvette ZR1 2-Dr Coupe $346 $790 $210 $12 $62 $1,420 $118
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Data variables include single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rate information does not factor in specific location which can decrease or increase rates considerably.

Physical damage deductible comparison

The chart below demonstrates how deductibles and can affect Chevrolet Corvette annual premium costs for each age group. The costs are based on a single female driver, full coverage, and no discounts are applied to the premium.

Males versus Females

The illustration below shows the comparison of Chevrolet Corvette insurance costs for male and female drivers. Data assumes no driving violations, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, drivers are not married, and no policy discounts are applied.

Policy deductible comparison

The hardest decision when buying coverage is what deductibles to buy. The rates below sum up how much more you'll pay when you select higher and lower coverage deductibles. The first set of rates uses a $100 deductible for comp and collision and the second data table uses a $500 deductible.

Chevrolet Corvette insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corvette 2-Dr Coupe $334 $670 $186 $10 $56 $1,281 $107
Corvette GS 2-Dr Coupe $398 $748 $186 $10 $56 $1,423 $119
Corvette 2-Dr Convertible $398 $748 $238 $14 $72 $1,495 $125
Corvette GS 2-Dr Convertible $428 $826 $238 $14 $72 $1,603 $134
Corvette Z06 2-Dr Coupe $428 $826 $186 $10 $56 $1,531 $128
Corvette ZR1 2-Dr Coupe $552 $1136 $186 $10 $56 $1,965 $164
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Chevrolet Corvette insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Corvette 2-Dr Coupe $244 $452 $186 $10 $56 $948 $79
Corvette GS 2-Dr Coupe $290 $504 $186 $10 $56 $1,046 $87
Corvette 2-Dr Convertible $290 $504 $238 $14 $72 $1,118 $93
Corvette GS 2-Dr Convertible $312 $558 $238 $14 $72 $1,194 $100
Corvette Z06 2-Dr Coupe $312 $558 $186 $10 $56 $1,122 $94
Corvette ZR1 2-Dr Coupe $404 $768 $186 $10 $56 $1,424 $119
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Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Rate information does not factor in your specific Evansville location which can increase or decrease coverage prices considerably.

Based on the figures above, using a $100 deductible could cost the average driver approximately $35 more each month or $420 annually than opting for the higher $500 deductible. Because you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at a minimum 11 months between claim filings, you would more than likely save some money going with the higher deductible.

Do drivers who switch really save?

GEICO, State Farm and Progressive continually stream ads in print and on television. All the ads try to convey promises that you'll save big after switching your insurance policy to them. How is it plausible that every one can sell you cheaper insurance coverage?

Insurance companies quote their best rates for the driver that is profitable for them. One example of a desirable risk could possibly be over age 30, carries full coverage, and insures a new vehicle. A propective insured that matches those criteria will most likely get cheap prices and most likely will save when switching.

People who fall short of these stringent criteria will be quoted a higher premium and ends up with the customer buying from a different company. The wording the ads use say "drivers who switch" not "everybody who quotes" save money. That's why insurance companies can confidently make those claims.

This emphasizes why you need to compare many company's car insurance rates. It's just too difficult to predict with any certainty which company will provide the lowest Chevy Corvette insurance in Evansville.

Here's why car insurance is not optional

Despite the fact that car insurance is not cheap in Evansville, insuring your vehicle may be mandatory for several reasons.

First, the majority of states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability coverage in order to get the vehicle licensed. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you have a lien on your Corvette, it's most likely the lender will have a requirement that you have full coverage to guarantee payment of the loan. If you do not keep the policy in force, the bank may insure your Chevy at a significantly higher premium and force you to pay a much higher amount than you were paying before.

Third, car insurance protects both your Chevy and your assets. It will also provide coverage for all forms of medical expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses if you are sued as the result of your driving. If your Chevy gets damaged, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.

The benefits of having insurance are definitely more than the cost, particularly when you have a large claim. Despite what companies tell you, the average driver overpays as much as $869 every year so compare rates at least once a year to save money.

Lower-cost Chevy Corvette insurance in Evansville

Auto insurance can be pricey, but there are discounts available that you may not know about. A few discounts will be applied at the time you complete a quote, but some must be specially asked for before you will receive the discount.Discount auto insurance

You can save money using discounts, but most of the big mark downs will not be given the the whole policy. A few only apply to the price of certain insurance coverages like collision or personal injury protection. So even though you would think all the discounts add up to a free policy, you won't be that lucky. But all discounts will help lower the cost of your policy.

To locate companies with significant discounts in Evansville, click here.

Get rate quotes but work with a local neighborhood Evansville car insurance agent

Some consumers would rather buy from a local agent and there is nothing wrong with that. A nice benefit of comparing auto insurance online is you may find better rates and also buy local. Buying insurance from local insurance agencies is definitely important in Evansville.

Insurance agents in EvansvilleTo make it easy to find an agent, after completing this form (opens in new window), the coverage information gets sent to local insurance agents in Evansville that provide free Evansville car insurance quotes for your business. It makes it easy because there is no need to drive around since rate quotes are delivered to you directly. You can find better rates AND a local agent. If you wish to compare prices from a particular provider, you would need to visit that company's website and submit a quote form there.

Different types of auto insurance agents in Evansville

If you need to find an insurance agent, it helps to know the two different types of agencies and how they differ in how they quote coverages. Auto insurance agents in Evansville are categorized either independent agents or exclusive agents.

Independent Agents

These type of agents are not required to write business for one company and that is an advantage because they can write policies with many different companies and find the cheapest auto insurance rates. If they quote lower rates, your agent can switch companies which makes it simple for you.

When searching for an agent, you will definitely want to get some free quotes from at least one independent agent for the best price selection.

The following is a short list of independent insurance agents in Evansville that can possibly get you competitive price quotes.

120 N Fulton Ave a - Evansville, IN 47710 - (812) 485-2800 - View Map

32 N Weinbach Ave - Evansville, IN 47711 - (812) 479-8651 - View Map

901 N Main St - Evansville, IN 47711 - (812) 424-4001 - View Map

View more Evansville agents

Exclusive Auto Insurance Agents

Exclusive agencies have only one company to place business with such as Farmers Insurance or State Farm. Exclusive agents are unable to provide rate quotes from other companies so they really need to provide good service. Exclusive agencies are well schooled on sales techniques and that enables them to sell even at higher rates.

Below are Evansville exclusive agencies that can give you rate quotes.

5334 Vogel Rd - Evansville, IN 47715 - (812) 479-1034 - View Map

201 E Diamond Ave - Evansville, IN 47711 - (812) 422-8122 - View Map

Martin Woodruff - State Farm Insurance Agent
2001 W Franklin St - Evansville, IN 47712 - (812) 424-1762 - View Map

View more Evansville agents

Choosing a car insurance agent shouldn't rely on just the price. You should also get answers to these questions.

Different people need different car insurance coverages

When quoting and choosing insurance from an agent or online, there really is not a single plan that fits everyone. Your situation is unique so your insurance should reflect thatHigher deductibles save money For example, these questions might help in determining whether or not you may require specific advice.

If it's difficult to answer those questions, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area.

Don't give up on cheaper coverage

We just showed you a lot of tips how to shop for Chevy Corvette insurance online. The key thing to remember is the more quotes you get, the better your chances of lowering your auto insurance rates. You may even discover the lowest priced car insurance comes from some of the lesser-known companies. They may often insure only within specific states and give getter rates compared to the large companies like Allstate and Progressive.

Some companies may not offer the ability to get a quote online and these small, regional companies work with independent agencies. Affordable Chevy Corvette insurance in Evansville can be found on the web and from local insurance agents, and you should compare rates from both in order to have the best chance of saving money.

Additional car insurance information is available on the following sites: