Chevrolet Corvette Stingray Insurance Rates

Finding cheaper auto insurance from online rate quotes is easy, in addition you might just save a little. The key is to get rates from all providers in order to have all your choices.

Consumers who are new to the process of comparing rates may think finding affordable Chevrolet Corvette Stingray insurance is more work than they want to put in. Getting cheaper insurance rates doesn't have to be difficult. The only requirement is to invest a few minutes to get quotes from different insurance companies. It is quite easy and can be accomplished by comparing rates here.

Criteria which help determine car insurance premiums

Auto insurance rates paid to insure a Chevrolet Corvette Stingray can fluctuate considerably based upon several criteria. A few of these criteria are:

• Your driving record
• Credit rating impacts rates
• The size of your community
• Annual mileage can affect rates
• Men typically pay more than women
• Deductible amount directly impacts your rate
• NTSB crash rating for your vehicle
• Claims drive up premiums
• Maintaining coverage lowers rates
• Owning a home can lower rates

A final factor which can affect Chevrolet Corvette Stingray insurance rates is the model year. Newer models have a higher actual cash value in comparison to later models so repair costs are higher which may result in higher rates. But more recent Corvette Stingray vehicles may have a trim level with safety features including forward-collision avoidance, adaptive cruise control, and lane departure warning system which may lower rates.

Liability insurance

Liability insurance will cover injuries or damage you cause to a person or their property that is your fault. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so consider buying as high a limit as you can afford.

Auto collision coverage

This will pay to fix damage to your Corvette Stingray from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Comprehensive protection

This pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by your Chevrolet Corvette Stingray comprehensive insurance. The most a auto insurance company will pay at claim time is the actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle's occupants when the "other guys" are uninsured or don't have enough coverage. Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills (i.e. ambulance fees, surgery, and doctor visits). They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. PIP is only offered in select states and gives slightly broader coverage than med pay.