It goes without saying that auto insurance companies don’t want you to look for cheaper rates. People who shop around at least once a year are highly likely to switch to a new company because of the good chance of finding coverage at a cheaper rate. A recent insurance study revealed that consumers who routinely shopped around saved over $3,400 over four years compared to people who never compared prices.
If finding the lowest rates on Chevy Corvette insurance in Kansas City is the reason you’re reading this, then having some insight into the best ways to shop for car insurance can make it easier to find better rates.
The best way we recommend to get affordable Chevy Corvette insurance is to compare prices once a year from providers who sell auto insurance in Kansas City. You can compare rates by following these guidelines.
First, get a basic knowledge of how auto insurance works and the changes you can make to drop your rates. Many rating factors that increase rates like traffic violations and poor credit rating can be eliminated by being financially responsible and driving safely.
Second, compare rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from a single company like Progressive or Allstate, while agents who are independent can quote prices from multiple sources.
Third, compare the new rate quotes to your current policy and determine if cheaper Corvette coverage is available. If you find a lower rate and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
Fourth, provide notification to your current agent or company of your intention to cancel your current policy. Submit the completed application along with a down payment for the new policy. Immediately keep your new certificate of insurance somewhere easily accessible.
A good tip to remember is to make sure you’re comparing the same liability limits and deductibles on each price quote and and to get price quotes from as many carriers as you can. This enables a fair rate comparison and the best price selection.
Kansas City Insurance Prices are Influenced by These Factors
An important part of buying insurance is that you know some of the elements that aid in calculating your car insurance rates. When you know what positively or negatively positively or negatively impacts your premiums, this helps enable you to make changes that can help you get big savings.
- Save money with alarms and GPS tracking – Selecting a car model with an alarm system can save you a little every year. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder your car from being stolen.
- Insurance rates for married couples – Getting married actually saves money when buying car insurance. Marriage generally demonstrates drivers are less irresponsible it has been statistically shown that married drivers tend to have fewer serious accidents.
- Liability coverage – Your car insurance policy’s liability coverage kicks in if you are responsible for physical damage or personal injury to other. It will provide for a legal defense starting from day one. This coverage is very inexpensive compared to other policy coverages, so do not cut corners here.
- Car insurance lapses raise prices – Having a gap between insurance policy dates can be a quick way to pay more for car insurance. Not only will you pay more, the inability to provide proof of insurance might get you a steep fine or even jail time. You will then be forced to file a SR-22 with the Missouri department of motor vehicles.
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Tickets cost more than a fine – Even one ticket can increase rates to the point where it’s not affordable. Drivers who don’t get tickets tend to pay less for car insurance than their less careful counterparts. Drivers unfortunate enough to have multiple tickets such as hit and run, DWI or reckless driving convictions may find they need to file a SR-22 with their state DMV in order to legally drive.
The chart below demonstrates how speeding tickets and accidents can raise Chevy Corvette car insurance costs for different age groups. The rate quotes are based on a married male driver, full physical damage coverage, $500 deductibles, and no additional discounts are factored in.
- Raising deductibles lowers costs – Physical damage insurance, also called ‘full coverage’, covers damage that occurs to your Chevy. Some coverage claims are colliding with a building, damage caused by hail, and windstorm damage. Comp and collision deductibles are the amount of money you are required to spend in the event of a claim. The larger the amount you’re willing to pay, the less your company will charge you for insurance.
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Loss probability for a Chevy Corvette – Insurance companies analyze historical claim data to calculate a rate that offsets possible losses. Vehicles that statistically have a higher amount or frequency of claims will have increased rates. The table below illustrates the historical insurance loss data for Chevy Corvette vehicles.
For each policy coverage type, the claim probability for all vehicles combined as an average is considered to be 100. Values that are under 100 are indicative of better than average losses, while percentage numbers above 100 point to more claims or an increased probability of a larger loss.
Chevrolet Corvette Insurance Loss Statistics Vehicle 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 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
The method we recommend to compare insurance rates from multiple companies is to know the trick all the major auto insurance companies participate in online systems to give free rates quotes. To get started, all you need to do is spend a couple of minutes providing details such as your job, how much education you have, your general credit rating, and if you have a valid license. Your insurance information gets sent immediately to insurance companies and they return rate quotes very quickly.
If you wish to get multiple quotes for your Chevy Corvette now, click here and find out if you can get cheaper insurance in Kansas City.
The companies shown below can provide price quotes in Kansas City, MO. To locate cheap car insurance in Kansas City, we recommend you get rates from several of them in order to get a fair rate comparison.
Coverage statistics and figures
The data table shown below outlines estimates of rate quotes for Chevy Corvette models. Being more informed about how insurance policy rates are formulated can assist in making decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corvette 2-Dr Coupe | $308 | $622 | $180 | $10 | $54 | $1,174 | $98 |
| Corvette GS 2-Dr Coupe | $366 | $694 | $180 | $10 | $54 | $1,304 | $109 |
| Corvette 2-Dr Convertible | $366 | $694 | $230 | $14 | $70 | $1,374 | $115 |
| Corvette GS 2-Dr Convertible | $394 | $768 | $230 | $14 | $70 | $1,476 | $123 |
| Corvette Z06 2-Dr Coupe | $394 | $768 | $180 | $10 | $54 | $1,406 | $117 |
| Corvette ZR1 2-Dr Coupe | $508 | $1056 | $180 | $10 | $54 | $1,808 | $151 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Missouri minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Rate information does not factor in Kansas City location which can lower or raise auto insurance rates significantly.
Deductible comparison
When buying car insurance, a common question is how low should you set your deductibles. The following insurance rates determine the rate differences when you buy lower versus higher coverage deductibles. The first data table uses a $250 deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corvette 2-Dr Coupe | $286 | $532 | $176 | $10 | $52 | $1,081 | $90 |
| Corvette GS 2-Dr Coupe | $338 | $594 | $176 | $10 | $52 | $1,195 | $100 |
| Corvette 2-Dr Convertible | $338 | $594 | $226 | $14 | $68 | $1,265 | $105 |
| Corvette GS 2-Dr Convertible | $364 | $656 | $226 | $14 | $68 | $1,353 | $113 |
| Corvette Z06 2-Dr Coupe | $364 | $656 | $176 | $10 | $52 | $1,283 | $107 |
| Corvette ZR1 2-Dr Coupe | $470 | $904 | $176 | $10 | $52 | $1,637 | $136 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corvette 2-Dr Coupe | $176 | $334 | $176 | $10 | $52 | $748 | $62 |
| Corvette GS 2-Dr Coupe | $208 | $374 | $176 | $10 | $52 | $820 | $68 |
| Corvette 2-Dr Convertible | $208 | $374 | $226 | $14 | $68 | $890 | $74 |
| Corvette GS 2-Dr Convertible | $226 | $412 | $226 | $14 | $68 | $946 | $79 |
| Corvette Z06 2-Dr Coupe | $226 | $412 | $176 | $10 | $52 | $876 | $73 |
| Corvette ZR1 2-Dr Coupe | $290 | $568 | $176 | $10 | $52 | $1,096 | $91 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Premium costs do not factor in garaging location in Kansas City which can raise or lower auto insurance rates greatly.
Based on the above data, using a $250 deductible will cost you about $34 more each month or $408 every year than requesting the higher $1,000 deductible. Because you would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you have at least 22 months between claim filings, you would save money if you elect the higher deductible.
Calculation for determining deductible levels
| Average monthly premium for $250 deductibles: | $109 |
| Average monthly premium for $1,000 deductibles (subtract): | – $75 |
| Monthly savings from raising deductible: | $34 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $34 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 22 months |
One thing to be aware of is that increasing deductibles to lower your rates means you will have to pay more when you have to file a claim. You must have some savings in the bank in order to pay the higher deductible in order to repair your vehicle.
The chart below demonstrates how deductibles and can increase or decrease Chevy Corvette insurance costs for different age groups. The information is based on a single male driver, comp and collision included, and no discounts are applied to the premium.
Protect more than your Chevy vehicle
Despite the high cost of buying insurance for a Chevy Corvette in Kansas City, insurance is required in Missouri but it also protects you in many ways.
First, the majority of states have minimum mandated liability insurance limits which means you are required to carry a specific level of liability insurance if you don’t want to risk a ticket. In Missouri 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 your car has a loan, most lenders will require that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the bank may insure your Chevy at a more expensive rate and require you to pay much more than you were paying before.
Third, insurance preserves both your vehicle and your personal assets. Insurance will also pay for medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses in the event you are sued. If your Chevy gets damaged, your policy will pay to repair the damage.
The benefits of buying insurance are without a doubt worth the cost, particularly for liability claims. According to a recent study, the average American driver is overpaying over $869 every year so you should quote your policy with other companies at every renewal to ensure rates are inline.
These discounts can lower your car insurance quotes
Car insurance is not an enjoyable expense, but there’s a good chance there are discounts to cut the cost considerably. Certain discounts will be applied at quote time, but lesser-known reductions have to be asked for before being credited.
- Discount for Life Insurance – Not all car insurance companies offer life insurance, but some may give you a break if you buy some life insurance too.
- College Student – College-age children who attend college more than 100 miles from Kansas City without a vehicle on campus may be insured at a cheaper rate.
- One Accident Forgiven – This one isn’t a discount, but certain companies allow you one accident before hitting you with a surcharge if you have no claims for a specific time period.
- Safety Course Discount – Taking part in a course teaching defensive driver skills could save 5% or more if your company offers it.
- Save with More Vehicles Insured – Buying insurance for several vehicles with the same car insurance company can reduce the rates for all insured vehicles.
- Discounts for Cautious Drivers – Drivers without accidents may save up to 50% more as compared to drivers with claims.
- Air Bags and Passive Restraints – Factory air bags or automatic seat belts can get savings as much as 30%.
- Government Employees – Active or retired federal employment can save as much as 8% with a few car insurance companies.
- Braking Control Discount – Anti-lock brake equipped vehicles are safer to drive so you can save 10 percent or more.
You can save money using discounts, but most of the big mark downs will not be given to the whole policy. Most cut the price of certain insurance coverages like medical payments or collision. So even though you would think you could get a free car insurance policy, you’re out of luck.
The information below shows the comparison of Chevy Corvette auto insurance costs with and without discounts applied to the rates. The premiums assume a male driver, no violations or claims, Missouri state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, safe-driver, multi-policy, homeowner, and multi-car discounts applied.
A few companies that may offer quotes with these benefits are:
If you need lower rates, check with each company or agent how many discounts you can get. All car insurance discounts might not be offered on policies in every state. To find insurers who offer car insurance discounts in Kansas City, click this link.
Shop online but buy locally
Many drivers would prefer to buy from a licensed agent and doing that can be a smart decision One of the best bonuses of comparing rate quotes online is that drivers can save money and get the lowest rates and also buy local.
For easy comparison, once you complete this short form, your information is immediately sent to local insurance agents that can give you free Kansas City car insurance quotes for your coverage. There is no need to search for an agent since price quotes are sent to the email address you provide. You’ll get the best rates without the usual hassles of price shopping. If you have a need to compare rates from a specific company, just go to their quote page and give them your coverage information.
Deciding on an insurer is decision based upon more than just the bottom line cost. You should also get answers to these questions.
- How experienced are they in personal risk management?
- How would your car be valued if totaled?
- In the event of vehicle damage, can you pick the collision repair facility?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Do they get paid more for recommending certain coverages?
- What are the financial ratings for the companies they represent?
If you need to find a reliable agent, it helps to know the two different types of agents and how they work. Auto insurance agencies can be described as either independent or exclusive depending on the company they work for.
Exclusive Insurance Agents
Agents that elect to be exclusive write business for a single company and examples are State Farm, Allstate and AAA. Exclusive agents cannot shop your coverage around so you need to shop around if the rates are high. Exclusive agencies are highly trained on what they offer which aids in selling service over price. Some people will only use the same exclusive agent mainly due to high brand loyalty rather than low rates.
Listed below is a short list of exclusive insurance agencies in Kansas City willing to provide comparison quotes.
- Jesse Valenciano State Farm®
7932 N Oak Trafficway #208 – Kansas City, MO 64118 – (816) 436-3004 – View Map - Joe Nowatzki – State Farm Insurance Agent
10201 N Oak Trafficway #400 – Kansas City, MO 64155 – (816) 420-0200 – View Map - David Denny – State Farm Insurance Agent
8600 Ward Pkwy #2070 – Kansas City, MO 64114 – (816) 363-3187 – View Map
Independent Auto Insurance Agencies
Independent insurance agents do not sell for just one brand so they can write business through lots of different companies enabling the ability to shop coverage around. If they find a cheaper price, your agent can just switch to a different company and you stay with the same agent.
When comparison shopping, we recommend you check rates from a couple of independent agencies to get the best comparison. Many independent agencies also insure through additional companies that you may not be familiar with that may provide cheaper auto insurance rates.
Below is a list of independent insurance agents in Kansas City that can give you comparison quotes.
- Heartland Insurance Agency, Inc.
7301 Mission Rd #242, Prairie Village, KS 66208 – Prairie Village, MO 66208 – (800) 701-5909 – View Map - Fusion Insurance Agency
5920 Wilson Ave – Kansas City, MO 64123 – (816) 470-9050 – View Map - Antioch Insurance Agency
214 NE Barry Rd – Kansas City, MO 64155 – (816) 454-0400 – View Map
Upon getting positive responses to any questions you have and the cheapest Chevrolet Corvette insurance in Kansas City quotes, it’s possible that you found an insurance agency that is reliable enough to adequately provide auto insurance.
Don’t give up on cheap premiums
Insureds who switch companies do it for a number of reasons such as denial of a claim, poor customer service, lack of trust in their agent and even policy cancellation. Regardless of your reason for switching companies, switching companies can be easier than you think.
As you quote Kansas City car insurance, do not buy poor coverage just to save money. Too many times, someone sacrificed collision coverage only to regret that the few dollars in savings costed them thousands. Your objective should be to get the best coverage possible at the best possible price, but do not sacrifice coverage to save money.
We just presented a lot of information how to compare Chevy Corvette insurance rates in Kansas City. The key concept to understand is the more price quotes you have, the better your comparison will be. You may even be surprised to find that the biggest savings come from a small local company.
For more information, feel free to visit these articles:
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- How Much are Kansas City Auto Insurance Quotes for a Kia Forte? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Teenagers in Kansas City? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for High School Students in Kansas City? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for College Graduates in Kansas City? (FAQ)
- Teen Driving and Texting (State Farm)
- Prepare your Teens for Safe Driving (InsureUonline.org)