Want to know how to find the cheapest Chevy Volt insurance in New Orleans? Are you drained from not being able to afford to buy car insurance? You are in the same boat as most other vehicle owners in Louisiana.
It’s shocking but a large majority of car insurance policyholders in Louisiana have remained with the same car insurance company for more than four years, and roughly 40% of drivers have never compared rates with other companies. American insurance shoppers could save 46.5% each year by just shopping around, but they don’t know how much savings they would realize if they switch to a new company.
With vehicle owners having so many insurance providers from which to choose, it’s difficult to locate the most affordable company.
Consumers should take time to shop coverage around occasionally because car insurance prices fluctuate regularly. Even if you got the lowest rate on Chevy Volt insurance in New Orleans a couple years back you can probably find a better premium rate now. Ignore everything you know about car insurance because we’re going to show you the fastest way to lower your annual insurance bill.
When looking for affordable New Orleans car insurance quotes, there are a couple ways of comparing rates from many car insurance companies in Louisiana. The easiest way by far to lower the rate you pay for Chevy Volt insurance is to perform an online rate comparison.
It’s so simple to compare car insurance quotes online makes it obsolete to actually drive to local insurance agencies. The fact that you can get quotes online eliminates the need for an insurance agent unless you’re the type of person who wants the extra assistance of an agent trained in personal lines coverage. Some companies do allow you to find lower rates online and have a local agent actually service the policy.
Just remember that comparing more rates from different companies helps improve the odds of finding a better price.
The providers in the list below offer price quotes in New Orleans, LA. If your goal is to find the best auto insurance in Louisiana, we recommend you click on several of them to get the best price comparison.
Car insurance policy discounts you can’t miss
Insuring your vehicles can cost a lot, but you might already qualify for some discounts that many consumers don’t even know exist. Many of these discounts will be applied automatically at quote time, but some may not be applied and must be asked about before you will receive the discount.
- Discounts for Responsible Drivers – Insureds without accidents can save as much as half off their rates than less cautious drivers.
- Full Payment Discount – If you can afford to pay the entire bill instead of making monthly payments you may reduce your total bill.
- Bundle and Save – If you have multiple policies and insure them with the same company you may save nearly 15% which can help you find cheap Volt insurance.
- College Student – Kids living away from New Orleans attending college and don’t have a car could qualify for this discount.
- Life Insurance – Insurance companies who offer life insurance give a discount if you purchase some life insurance in addition to your auto policy.
A little disclaimer on discounts, some credits don’t apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. Even though it appears it’s possible to get free car insurance, insurance companies wouldn’t stay in business.
To locate insurers that offer multiple discounts in Louisiana, click here to view.
Insurance agent or online?
Certain consumers still like to get advice from a local agent and doing that can be a smart decision A good thing about price shopping on the web is that you can obtain the best rates and still have a local agent.
Once you complete this short form, your insurance data is emailed to local insurance agents in New Orleans who will give you bids for your insurance coverage. It’s much easier because you don’t need to leave your computer because prices are sent to you instantly. You can find better rates without the usual hassles of price shopping. If you have a need to compare rates for a specific company, you just need to visit that company’s website and give them your coverage information.
Finding a good insurance company should depend on more than just a low price. Below are some questions you should ask.
- Where would your vehicle be repaired?
- Will your rates increase after a single accident?
- What insurance companies do they work with in New Orleans?
- Does the agency support the community they serve?
- Do they assist clients in filing claims?
If you are wanting to purchase insurance from a reputable agency, it’s helpful to know the different agency structures and how they work. Agents can be described as either exclusive or independent.
Exclusive agencies work for only one company and some examples include State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents are unable to place coverage with different providers so they are skilled at selling on more than just price. These agents are usually well trained in insurance sales which helps them sell on service rather than price.
The following are New Orleans exclusive insurance agents that are able to give price quote information.
Independent Agencies or Brokers
Agents that choose to be independent are not employed by one company so they can quote policies with any number of different companies and find the cheapest insurance rates. If they find a cheaper price, they simply move the coverage in-house which requires no work on your part.
When shopping rates, you will definitely want to check rates from independent agents to maximize your price options.
Below are independent insurance agencies in New Orleans that can give you comparison quotes.
Auto insurance coverage specifics
Knowing the specifics of your policy helps when choosing which coverages you need for your vehicles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverages found on most auto insurance policies.
Uninsured/Underinsured Motorist coverage
This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as damage to your Chevy Volt.
Because many people only carry the minimum required liability limits (which is 15/30/25), their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.
Collision insurance will pay to fix damage to your Volt resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.
Collision coverage pays for claims like crashing into a building, rolling your car and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible on your Volt in order to get cheaper collision rates.
Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as falling objects, hitting a deer, damage from flooding and theft. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
This can cover injuries or damage you cause to other people or property. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 15/30/25 which means $15,000 bodily injury coverage, $30,000 for the entire accident, and property damage coverage for $25,000.
Liability can pay for things such as bail bonds, structural damage and loss of income. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as high a limit as you can afford. Louisiana requires minimum liability limits of 15/30/25 but you should consider buying more liability than the minimum.
The chart below shows why the minimum limit may not be enough coverage.
Medical payments coverage and PIP
Medical payments and Personal Injury Protection insurance reimburse you for expenses such as nursing services, EMT expenses, funeral costs and chiropractic care. They can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
Cover all your bases
Cheaper insurance in New Orleans is available on the web and from local insurance agents, so you need to quote New Orleans car insurance with both so you have a total pricing picture. A few companies may not offer the ability to get a quote online and these regional insurance providers only sell coverage through local independent agencies.
When searching for inexpensive New Orleans car insurance quotes, it’s very important that you do not reduce coverage to reduce premium. There have been many cases where someone sacrificed uninsured motorist or liability limits only to regret at claim time that the small savings ended up costing them much more. Your goal should be to buy the best coverage you can find for the lowest price while still protecting your assets.
Steps to finding discount Chevy Volt insurance in New Orleans
If saving money is your primary concern, then the best way to find cheaper prices for Chevy Volt insurance in New Orleans is to make a habit of regularly comparing prices from insurance carriers that sell auto insurance in Louisiana. Rate comparisons can be done by following these guidelines.
- Take a little time to learn about how insurance companies determine prices and the things you can control to keep rates in check. Many rating criteria that increase rates such as accidents, careless driving, and a negative credit history can be controlled by paying attention to minor details.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from one company like GEICO or Allstate, while independent agents can quote prices for a wide range of companies.
- Compare the price quotes to your current policy and see if you can save money. If you can save some money and make a switch, ensure coverage does not lapse between policies.
- Provide notification to your current company of your decision to cancel your existing policy and submit the application along with any required down payment for the new coverage. Immediately upon receiving it, put the proof of insurance certificate in your vehicle.
An important part of this process is to compare identical deductibles and limits on each quote and and to get rates from as many car insurance companies as possible. This guarantees a fair price comparison and a better comparison of the market.
Much more information about insurance in Louisiana is available at the links below
- How to shop for a safer car (Insurance Institute for Highway Safety)
- Who Has Cheap Car Insurance Quotes for Hybrid Vehicles in New Orleans? (FAQ)
- Safety Belts FAQ (iihs.org)
- Tread Depth and Tire Safety (State Farm)