It’s a fact that car insurance companies don’t want you to look at other companies. People who get price quotes annually will most likely move their business because there is a significant possibility of finding better rates. A study showed that people who shopped around every year saved approximately $3,400 over four years compared to those who never compared prices.
If finding budget-friendly auto insurance in Orlando is your ultimate objective, then learning a little about how to find companies and compare insurance premiums can make shopping around easier.
The recommended way to find cheaper quotes for car insurance rates in Orlando is to begin comparing prices regularly from different companies who provide auto insurance in Florida.
First, get a basic knowledge of what coverages are included in your policy and the things you can control to lower rates. Many rating factors that drive up the price like at-fault accidents, careless driving, and a low credit rating can be controlled by making minor changes to your lifestyle.
Second, request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from a single company like GEICO or Allstate, while agents who are independent can quote rates from multiple sources.
Third, compare the new rates to your current policy to see if cheaper Aveo coverage is available. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, provide proper notification to your current company of your decision to cancel your existing policy and submit the application along with any required down payment to the new company. When you receive it, store the certificate verifying proof of insurance with the vehicle registration.
The key aspect of shopping around is to use identical deductibles and limits on each price quote and to quote with every company you can. Doing this enables an apples-to-apples comparison and maximum price selection.
Car insurance policy discounts you can’t miss
Some insurers don’t list the entire discount list in a way that’s easy to find, so here is a list a few of the more well known and the harder-to-find discounts that you can inquire about if you buy Orlando auto insurance online.
- Air Bag Discount – Vehicles equipped with air bags may qualify for discounts up to 30%.
- Student Driver Training – Require your teen driver to participate in a local driver’s education class in school or through a local driver safety program.
- Theft Deterrent – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and will qualify for a discount on a Orlando auto insurance quote.
- First Accident Forgiveness – Not necessarily a discount, but certain companies will forgive one accident before they charge you more for coverage so long as you are claim-free for a particular time prior to the accident.
- New Vehicle Savings – Adding a new car to your policy can cost up to 25% less because newer vehicles are generally safer.
- Discounts for Good Drivers – Insureds without accidents may save up to 50% more than their less cautious counterparts.
As a sidenote, many deductions do not apply to your bottom line cost. Most only cut specific coverage prices like comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, you won’t be that lucky.
The chart below compares Chevy Aveo yearly insurance costs with and without discounts applied to the policy premium. The costs are based on a female driver, no violations or accidents, Florida 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 claim-free, homeowner, marriage, multi-policy, multi-car, and safe-driver discounts applied.
To see car insurance companies who offer online Chevy Aveo insurance quotes in Orlando, click here.
Most of the larger companies like Allstate, GEICO and Progressive make it easy to get prices online. The process is pretty easy as all you need to do is type in your coverage preferences as detailed in the form. After the form is submitted, their rating system requests your credit score and driving record and returns a price.
This makes comparing rates easy, and it is important to do this in order to get the cheapest price.
To use this form to compare rates, consider comparing rates from the companies shown below. If you have coverage now, it’s recommended you complete the form with the coverages as shown on your current policy. Using the same limits helps guarantee you will have an apples-to-apples comparison for the exact same coverage.
The companies shown below have been selected to offer price comparisons in Florida. In order to find the best car insurance in Orlando, it’s highly recommended you visit as many as you can to find the most affordable car insurance rates.
Chevy Aveo insurance coverage information
The premium information shown below covers a range of insurance rates for Chevy Aveo models. Having a good grasp of how policy premiums are established can help you make decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $308 | $786 | $472 | $28 | $142 | $1,736 | $145 |
| Aveo LS 4-Dr Sedan | $308 | $786 | $472 | $28 | $142 | $1,736 | $145 |
| Aveo LT 4-Dr Hatchback | $348 | $786 | $472 | $28 | $142 | $1,776 | $148 |
| Aveo LT 4-Dr Sedan | $348 | $786 | $472 | $28 | $142 | $1,776 | $148 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Premium amounts do not factor in specific Orlando garaging location which can increase or decrease coverage prices substantially.
Rate comparison for different deductibles
One of the most common insurance questions is how high should the physical damage deductibles be. The following insurance rates may help you to understand how much more you’ll pay of buying low and high deductibles. The first data set uses a $250 deductible and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $322 | $640 | $418 | $24 | $124 | $1,553 | $129 |
| Aveo LS 4-Dr Sedan | $322 | $640 | $418 | $24 | $124 | $1,553 | $129 |
| Aveo LT 4-Dr Hatchback | $364 | $640 | $418 | $24 | $124 | $1,595 | $133 |
| Aveo LT 4-Dr Sedan | $364 | $640 | $418 | $24 | $124 | $1,595 | $133 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Aveo LS 4-Dr Hatchback | $200 | $402 | $418 | $24 | $124 | $1,168 | $97 |
| Aveo LS 4-Dr Sedan | $200 | $402 | $418 | $24 | $124 | $1,168 | $97 |
| Aveo LT 4-Dr Hatchback | $224 | $402 | $418 | $24 | $124 | $1,192 | $99 |
| Aveo LT 4-Dr Sedan | $224 | $402 | $418 | $24 | $124 | $1,192 | $99 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Premium costs do not factor in specific location which can decrease or increase insurance rates greatly.
Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you approximately $33 more each month or $396 annually than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at a minimum 23 months between claim filings, you would probably save some money by selecting a higher deductible.
Annual premiums for males versus females
The diagram below illustrates the comparison of Chevy Aveo insurance prices for male and female drivers. The data is based on a clean driving record, no at-fault accidents, comp and collision included, $250 deductibles, drivers are not married, and no discounts are taken into consideration.
Does full coverage make sense?
The example below shows the comparison of Chevy Aveo insurance premiums with full coverage and liability only. The premium estimates are based on no claims or violations, $100 deductibles, drivers are not married, and no discounts are factored in.
When to stop buying physical damage coverage
There is no set guideline for eliminating physical damage coverage, but there is a broad guideline. If the annual cost of coverage is about 10% or more of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Chevy Aveo claim settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $2,000 after the policy deductible has been paid. If you are currently paying more than $200 a year for full coverage, then you might want to think about dropping full coverage.
There are a few situations where only buying liability is not a good plan. If you still have a loan on your vehicle, you have to carry 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 in an accident, you should not drop full coverage.
You Can Change Your Insurance Rates
Lots of factors are part of the equation when you get a price on insurance. Some are pretty understandable such as your driving record, but others are less obvious such as whether you are married or your commute time.
Discounts for married drivers – Having a wife or husband may earn you lower rates on your policy. It generally demonstrates drivers are more stable financially and insurance companies reward insureds because drivers who are married are more cautious.
Policy add-ons can waste money – There are quite a few extra add-on coverages that you can get tricked into buying if you aren’t diligent. Add-on coverages like personal injury protection, accidental death, and membership fees could be just wasting money. These coverages may sound good when buying your policy, but if you don’t need them remove them and pocket the money.
A auto insurance policy lapse can increase rates – Having an insurance coverage lapse is a guaranteed way to pay more for auto insurance. Not only will you pay higher rates, getting caught without coverage may earn you a fine, jail time, or a revoked license. You may have to submit proof of financial responsibility or a SR-22 with the Florida motor vehicle department.
Lower rates with alarm systems – Purchasing a vehicle with an alarm system can earn a premium discount. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent auto theft and help lower rates.
Expect high rates for teens – Teenage drivers in Florida have a tendency to be careless and easily distracted when driving with friends and because of this, their auto insurance rates are much higher. Parents adding a young driver onto a policy can really hurt. More experienced drivers are shown to be more cautious, tend to file fewer claims, and usually have better credit.
The data below assumes a single driver, full coverage with $500 deductibles, and no discounts or violations.
Drive a safer car and pay less – Vehicles with high crash test scores tend to be cheaper to insure. Vehicles built for safety reduce injuries and better occupant protection translates directly to fewer claims and lower rates for you.
Reduce prices by staying claim free – Car insurance companies in Florida generally give the lowest premiums to insureds who do not file claims often. If you file claims often, you can pretty much guarantee higher rates. Insurance coverage is designed for the large, substantial claims.
Tickets and citations cost more than a fine – Attentive drivers have lower premiums than people who have multiple driving citations. Having a single driving citation may increase your cost to the point where it’s not affordable. People who have severe violations such as reckless driving or DUI might be required by their state to prove financial responsibility to the state department of motor vehicles in order to drive a vehicle legally.
The chart below shows how violations and at-fault fender-benders can increase Chevy Aveo auto insurance costs for different categories of driver ages. The information is based on a married male driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.
Insurance agents can help
When choosing adequate coverage, there really isn’t a best way to insure your cars. Your financial needs are unique and your policy should reflect that. These are some specific questions may help highlight whether you might need an agent’s assistance.
- Should I buy additional glass protection?
- Should I get collision insurance on every vehicle?
- Who is covered by my policy?
- Does every company file a SR-22 automatically?
- What states are considered no-fault?
- Does liability extend to a camper or trailer?
- Are my company tools covered if they get stolen?
- Is my custom paint covered by insurance?
- Am I covered when driving a rental car?
- Do I need added coverage for expensive stereo equipment?
If you’re not sure about those questions but one or more may apply to you, then you may want to think about 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 auto insurance companies in your area.
Local neighborhood Orlando car insurance agents
Some people would prefer to get advice from a local agent and we recommend doing that A good thing about comparing rates online is that you can obtain better rates and still buy from a local agent. Buying from small agencies is definitely important in Orlando.
After filling out this simple form, your insurance coverage information is emailed to agents in your area who will give competitive quotes and help you find cheaper coverage. There is no reason to contact any insurance agencies since rate quotes are delivered to you instantly. You can find the lowest rates without requiring a lot of work. If for some reason you want to compare rates from a particular provider, you just need to jump over to their website and fill out the quote form the provide.
When narrowing the list to find a local Orlando insurance agency, it’s important to understand the different agency structures and how they can service your needs differently. Orlando agents may be either independent (non-exclusive) or exclusive.
Independent Agents
Agents that elect to be independent are not required to write business for one company so as a result can place your coverage with any number of different companies and find you the best rates. If your premiums go up, they simply switch companies in-house which is easy for the insured.
When comparing rates, it’s recommended you include a few independent agents in order to have the best price comparison. A lot of them also have access to companies that do not advertise much which can save you money.
Shown below is a small list of independent insurance agencies in Orlando that can possibly get you competitive price quotes.
- Risk Transfer Insurance Agency
219 E Livingston St – Orlando, FL 32801 – (407) 481-9363 – View Map - Brown and Brown Insurance Agency, Inc.
7009 Dr Phillips Blvd # 280 – Orlando, FL 32819 – (407) 843-7500 – View Map - Universal Insurance Agency
1548 S Semoran Blvd – Orlando, FL 32807 – (407) 898-1116 – View Map
Exclusive Insurance Agents
These agents generally can only insure with one company and some examples include Farmers Insurance, Allstate, or State Farm. They are unable to provide rate quotes from other companies so you need to shop around if the rates are high. These agents are well schooled on the products they sell which can be an advantage. Some insured continue to buy from exclusive agents mainly due to the prominent brand name instead of buying on price only.
Listed below are Orlando exclusive insurance agencies willing to provide price quotes.
- Rick Fowler – State Farm Insurance Agent
2700 Corrine Dr – Orlando, FL 32803 – (407) 897-8100 – View Map - Bill Bryan – State Farm Insurance Agent
5470 Central Florida Pkwy – Orlando, FL 32821 – (407) 239-4777 – View Map - Bruce Baltich – State Farm Insurance Agent
198 S Semoran Blvd – Orlando, FL 32807 – (407) 273-9170 – View Map
Picking a car insurance agent needs to be determined by more than just a cheap quote. Any agent in Orlando should have no problem answering these questions:
- Is the agency covered by Errors and Omissions coverage?
- Does the agency provide any after hours assistance?
- Do they regularly work with personal auto policies in Orlando?
- If independent agents, which companies do they recommend?
- How would your car be valued if totaled?
If you get good responses to any questions you may have and an acceptable price quote, chances are good that you have found an insurance agency that can be relied on to properly insure your vehicles. Just remember you have the power to cancel coverage whenever you choose to so never assume that you are permanently stuck with a specific agent for the full term.
Auto insurance protects more than just your car
Despite the fact that auto insurance is not cheap in Orlando, buying auto insurance is required for several reasons.
- Just about all states have minimum mandated liability insurance limits which means the state requires a minimum amount of liability insurance in order to drive the car legally. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your Chevy Aveo with a loan, most lenders will require you to have insurance to protect their interest in the vehicle. If coverage lapses or is canceled, the lender will be forced to insure your Chevy at a much higher premium rate and force you to pay a much higher amount than you were paying before.
- Auto insurance preserves your Chevy Aveo and your assets. It will also reimburse you for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, will also pay for a defense attorney if you cause an accident and are sued. If you have damage to your Chevy as the result of the weather or an accident, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance are definitely more than the cost, especially for larger claims. But the average driver in Florida is overpaying over $825 a year so it’s important to compare rates once a year at a minimum to save money.
A little work can save a LOT of money
When shopping online for auto insurance, make sure you don’t skimp on coverage in order to save money. In many instances, someone sacrificed liability coverage limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy a smart amount of coverage at the best price while still protecting your assets.
A few companies don’t offer rate quotes online and usually these smaller providers prefer to sell through independent agencies. The cheapest Chevy Aveo insurance in Orlando can be bought on the web and from local agencies, and you should compare rates from both to get a complete price analysis.
Additional auto insurance information is located at these links:
- Anti-Lock Brake FAQ (iihs.org)
- Who Has Affordable Car Insurance Rates for Drivers Requiring a SR22 in Orlando? (FAQ)
- How Much is Auto Insurance for a Learners Permit in Orlando? (FAQ)
- Side Impact Crash Tests (iihs.org)
- Get the Right Protection (InsureUonline.org)
- Collision Insurance Coverage (Nationwide)