No car owner enjoys paying for car insurance, in particular when they could get a better deal.
Unfortunately, the vast majority of drivers have purchased from the same company for well over three years, and approximately 38% of consumers have never compared rates with other companies. The average driver in Memphis could save themselves up to $500 a year by just shopping around, but they just feel it's too hard to find cheaper rates by getting comparison quotes. Lots of insurance companies contend for your business, so it's not easy to compare every insurer to find the absolute lowest cost out there.
Consumers need to compare rates yearly since prices fluctuate regularly. Even if you got the best quotes on Chevy Captiva Sport insurance in Memphis on your last policy you will most likely find a better rate today. There is too much inaccurate information about Captiva Sport insurance online, but you can learn some guaranteed methods to slash your car insurance rates in Memphis.
If you have insurance now or want to find a cheaper company, use these techniques to reduce the price you pay without sacrificing coverage. Finding the cheapest auto insurance coverage in Memphis can be made easier if you know where to look. Shoppers just need to know the most time-saving way to compare prices online.
Finding a lower price on insurance can be surprisingly simple. You just have to take time to get quotes to discover which company has affordable Chevrolet Captiva Sport insurance quotes.
Comparing free rate quotes online is easy and it, takes the place of having to physically go to all the different insurance agencies. Doing it all online eliminates the middleman unless you require the peace of mind that only an agent can give. Some companies do allow you to get prices online but buy from a local insurance agent.
The following companies are ready to provide free rate quotes in Tennessee. If multiple companies are listed, we suggest you compare several of them to get the most competitive price.
Three good reasons to insure your Chevy Captiva Sport
Even though it's not necessarily cheap to insure a Chevy in Memphis, paying for auto insurance is required by state law in Tennessee and it also provides benefits you may not be aware of.
First, almost all states have minimum mandated liability insurance limits which means you are required to buy specific minimum amounts of liability protection if you drive a vehicle. In Tennessee these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you have a loan on your Captiva Sport, it's guaranteed your bank will make it a condition of the loan that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank will be required to insure your Chevy at a significantly higher premium and force you to reimburse them a much higher amount than you were paying before.
Third, auto insurance preserves both your assets and your Chevy. It also can pay for most medical and hospital costs incurred in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if anyone sues you for causing an accident. If your car is damaged in a storm or accident, your auto insurance policy will pay to repair the damage.
The benefits of insuring your Captiva Sport more than cancel out the cost, especially for larger claims. According to a survey of 1,000 drivers, the average driver is overpaying over $810 a year so it's recommended you shop around at every policy renewal to ensure rates are competitive.
Get cheaper Chevy Captiva Sport insurance in Memphis with discounts
Some insurance providers don't always list every discount in a way that's easy to find, so the following is a list of some of the more common as well as the least known credits available to lower your premiums when you buy Memphis auto insurance online.
- Military Discounts - Having a family member in the military could be rewarded with lower premium rates.
- Low Miles Discount - Maintaining low annual mileage may enable drivers to earn lower rates on the low mileage vehicles.
- Theft Deterrent - Cars, trucks, and SUVs with anti-theft systems are less likely to be stolen so companies will give you a small discount.
- Memberships - Belonging to qualifying employment or professional organizations could qualify you for a break when shopping for car insurance.
- Pay Now and Pay Less - By making one initial payment instead of monthly or quarterly installments you can actually save on your bill.
- Accident Free - Insureds with no claims or accidents are rewarded with significantly better rates on Memphis auto insurance quote as opposed to drivers with a long claim history.
- Good Grades Discount - Maintaining excellent grades can save 20 to 25%. The discount lasts well after school through age 25.
One last thing about discounts, some credits don't apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, companies wouldn't make money that way.
Some companies that have most of these discounts include:
Before purchasing a policy, check with every prospective company which discounts you qualify for. Some of the discounts discussed earlier might not be offered on policies in every state. To see insurers with the best Chevy Captiva Sport insurance discounts in Memphis, click here.
Local Memphis insurance agents and auto insurance
Many drivers would rather visit with an insurance agent and that is not a bad decision Good agents can help determine the best coverages and help file insurance claims. An additional benefit of price shopping on the web is that you can obtain cheaper premium rates and still have a local agent. Buying insurance from neighborhood agents is important particularly in Memphis.
To make it easy to find an agent, after completing this quick form, the coverage information is submitted to local insurance agents that provide free Memphis auto insurance quotes to get your business. You never need to contact an agency because quoted prices will be sent to you. If you wish to quote rates from a specific company, you can always jump over to their website to submit a rate quote request.
If you want to buy auto insurance from a good Memphis insurance agent, it's important to understand the types of agencies and how they function. Insurance agencies in Memphis are either exclusive or independent agents depending on their company appointments. Both sell auto insurance policies, but it's worth learning how they differ since it can affect buying decisions.
Independent Auto Insurance Agents (or Brokers)
Independent agencies are not locked into one company and that enables them to quote your coverage amongst many companies and get you the best rates possible. If you want to switch companies, the agent simply finds a different carrier and you can keep the same agent. When comparing auto insurance rates, you need to get some free quotes from multiple independent agents so that you can do a thorough price comparison.
Below are Memphis independent agencies who can help you get free price quotes.
Nationwide Insurance: Tri-State Insurance Agency Inc
5545 Murray Ave Ste 107 - Memphis, TN 38119 - (901) 767-3379 - View Map
Exclusive Insurance Agents
Agents in the exclusive channel can only place business with one company and some examples include AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents are unable to provide other company's prices so it's a take it or leave it situation. They are usually quite knowledgeable on their products and sales techniques and that enables them to sell even at higher rates.
Shown below are exclusive insurance agencies in Memphis that are able to give rate quotes.
Choosing the best insurance agent requires more thought than just the price. Ask your prospective agent these questions:
- Which members of your family are coverage by the policy?
- If you are a high risk driver, do they have special markets for your coverage?
- How is replacement cost determined on your vehicle?
- Are they able to influence company decisions when a claim is filed?
- How much will you save each year by using a higher deductible?
- Will you work with the agent or an assistant?
- Does the company use OEM repair parts?
What insurance coverages do I need?
When it comes to buying proper insurance coverage for your personal vehicles, there really isn't a best way to insure your cars. Every situation is different and a cookie cutter policy won't apply. These are some specific questions can help discover whether or not you could use an agent's help.
- What if I owe more than I can insure my car for?
- Can I afford low physical damage deductibles?
- When should my teen driver be added to my policy?
- When can my company non-renew my policy?
- How much can I save by bundling my policies?
- If my car is totalled with they pay enough to replace it?
- Am I covered if I hit my neighbor's mailbox?
If it's difficult to answer those questions, you might consider talking to a licensed insurance agent. If you don't have a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.
How much can you save?
When buying insurance coverage, it's very important that you do not reduce coverage to reduce premium. There are too many instances where drivers have reduced full coverage and found out when filing a claim that it was a big mistake. Your strategy should be to find the BEST coverage at the best cost while still protecting your assets.
We just showed you a lot of tips how to get a better price on Chevy Captiva Sport insurance in Memphis. The key thing to remember is the more you quote Memphis auto insurance, the better chance you'll have of finding low cost Memphis auto insurance quotes. Drivers may even discover the most savings is with a lesser-known regional company. These smaller insurers may only write in your state and offer lower auto insurance rates than their larger competitors like Allstate and Progressive.
More affordable car insurance in Memphis can be purchased from both online companies and with local Memphis insurance agents, and you should compare rates from both to have the best rate selection. Some insurance companies may not offer online quoting and these small, regional companies provide coverage only through independent insurance agencies.
More detailed car insurance information is available by following these links:
- Teen Driver Licensing Information (iihs.org)
- Who Has the Cheapest Tennessee Auto Insurance Rates for High Risk Drivers? (FAQ)
- What Car Insurance is Cheapest in Cleveland, Tennessee? (FAQ)
- What Auto Insurance is Cheapest for Young Drivers in Tennessee? (FAQ)
- What Auto Insurance is Cheapest in Hendersonville, Tennessee? (FAQ)
- How do I File a Claim? (Insurance Information Institute)
- Preventing Carjacking and Theft (Insurance Information Institute)
- Insurance losses by make and model (Insurance Institute for Highway Safety)