Compare Chevy Aveo Insurance Rate Quotes in Plano

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Discount Chevy Aveo insuranceIt's well known that insurance companies don't want you comparing rates. Insureds who shop around for the cheapest rate will probably switch to a new company because they have a good chance of finding a more affordable policy. A recent auto insurance study revealed that drivers who compared prices once a year saved over $850 each year compared to other drivers who don't make a habit of comparing rates.

If finding the lowest price for auto insurance in Plano is the reason you're reading this, then learning about the best ways to shop for cheaper coverage can make shopping around easier.

The most effective way to get affordable car insurance rates is to start comparing rates regularly from different companies in Plano. Rates can be compared by following these guidelines.

  1. Read and learn about policy coverages and the things you can change to keep rates low. Many factors that result in higher rates like speeding and a substandard credit history can be amended by making lifestyle changes or driving safer.
  2. Compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from one company like Progressive or State Farm, while agents who are independent can provide rate quotes for a wide range of insurance providers. View a list of agents
  3. Compare the price quotes to the price on your current policy to see if a cheaper price is available. If you can save some money and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.

A good tip to remember is to compare identical coverage information on each quote and and to compare every company you can. This provides the most accurate price comparison and the best price selection.

Buying the cheapest car insurance in Plano is actually very simple if you learn how to start. If you have a policy now or are looking for a new policy, you can use these techniques to save money while maintaining coverages. Drivers just have to understand the quickest way to shop their coverage around online from multiple companies.

The companies shown below offer free rate quotes in Plano, TX. If multiple companies are listed, it's highly recommended you visit two to three different companies to get the best price comparison.

Chevy Aveo coverage statistics

The coverage information displayed next highlights different insurance costs for Chevy Aveo models. Having knowledge of how auto insurance premiums are calculated is important for drivers to make smart choices when comparing insurance quotes.

Chevrolet Aveo Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Aveo LS 4-Dr Hatchback $166 $338 $392 $24 $118 $1,038 $87
Aveo LS 4-Dr Sedan $166 $338 $392 $24 $118 $1,038 $87
Aveo LT 4-Dr Hatchback $186 $338 $392 $24 $118 $1,058 $88
Aveo LT 4-Dr Sedan $186 $338 $392 $24 $118 $1,058 $88
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Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Price information does not factor in vehicle garaging location which can alter premiums considerably.

Rate comparison for different deductibles

One of the more difficult decisions when buying car insurance is which comprehensive and collision deductibles to buy. The premium rates below may aid in understanding how much more you'll pay between low and high comp and collision deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.

Chevrolet Aveo insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Aveo LS 4-Dr Hatchback $294 $584 $382 $22 $114 $1,421 $118
Aveo LS 4-Dr Sedan $294 $584 $382 $22 $114 $1,421 $118
Aveo LT 4-Dr Hatchback $332 $584 $382 $22 $114 $1,459 $122
Aveo LT 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
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Chevrolet Aveo insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Aveo LS 4-Dr Hatchback $182 $368 $382 $22 $114 $1,068 $89
Aveo LS 4-Dr Sedan $182 $368 $382 $22 $114 $1,068 $89
Aveo LT 4-Dr Hatchback $206 $368 $382 $22 $114 $1,092 $91
Aveo LT 4-Dr Sedan $206 $368 $382 $22 $114 $1,092 $91
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Information does not factor in your specific Plano location which can modify coverage prices greatly.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs about $30 more each month or $360 every year across all Chevrolet Aveo models than requesting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you go more than 25 months between claim filings, you would most likely save money by selecting a higher deductible.

Car insurance premiums based on gender

The information below visualizes the comparison of Chevy Aveo insurance premiums for male and female drivers. The information is based on no claims or driving violations, full coverage, $500 deductibles, drivers are not married, and no other discounts are factored in.

Difference between full coverage and liability only rates

The chart below compares Chevy Aveo annual premium costs with full physical damage coverage compared to only buying liability only. The information is based on no accidents, no driving violations, $100 deductibles, single status, and no additional discounts are factored in.

When to stop paying for full coverage

There is no definitive formula of when to drop full coverage, but there is a general school of thought. If the yearly cost of full coverage is 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 replacement cost is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company will settle for is $7,000 after paying your policy deductible. If it's costing in excess of $700 a year to have full coverage, then it might be time to consider dropping full coverage.

There are some conditions where dropping physical damage coverage is not in your best interest. If you still owe money on your vehicle, you have to maintain full coverage to protect the lienholder's interest. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.

Three main reasons to buy insurance

Even though it's not necessarily cheap to insure a Chevy in Plano, insurance is required for several reasons.

  • Most states have minimum mandated liability insurance limits which means you are required to carry a specific minimum amount of liability if you want to drive legally. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If you have a lien on your Chevy, almost all lenders will require that you have insurance to guarantee their interest in the vehicle. If you default on your policy, the bank will be required to insure your Chevy for a much higher rate and require you to pay much more than you were paying before.
  • Insurance protects not only your car but also your assets. Insurance will also pay for medical bills incurred in an accident. Liability coverage also covers legal expenses if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.

The benefits of having insurance more than cancel out the cost, especially when you need to use it. But the average American driver overpays more than $865 each year so compare quotes from several companies at every policy renewal to ensure rates are inline.

Discount Plano auto insurance quotes

Some providers don't always list all their discounts very well, so here is a list both well-publicized in addition to some of the lesser obvious discounts that may be available.Cheaper auto insurance with discounts

  • Plano Homeowners Pay Less - Owning a house in Plano may trigger a policy discount on auto insurance because owning a home is proof of financial responsibility.
  • Save with a New Car - Buying coverage on a new vehicle can save you some money because new vehicles keep occupants safer.
  • Data Collection Discounts - Policyholders that allow their company to monitor their driving habits through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease if their driving habits are good.
  • Accident Waiver - Not really a discount, but companies like Liberty Mutual, Allstate and State Farm will allow you to have one accident without raising rates with the catch being you have to be claim-free prior to the accident.
  • E-sign - A few larger online companies will give you a small discount for buying your policy on the internet.
  • Organization Discounts - Participating in a qualifying organization could trigger savings on your next auto insurance statement.
  • Distant Student - Children who are enrolled in higher education away from home and do not have a car could qualify for this discount.
  • Active Military Service - Being on active deployment in the military could trigger a small discount.
  • Driver's Education for Students - It's a good idea to have your young drivers successfully complete driver's ed class in high school.

Just know that most of the big mark downs will not be given to all coverage premiums. Most only cut specific coverage prices like comprehensive or collision. Even though it appears you can get free auto insurance, companies wouldn't make money that way.

The information below shows the difference between Chevy Aveo premium costs with and without discounts applied to the rates. The data is based on a female driver, no claims or driving violations, Texas state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, homeowner, claim-free, multi-car, and safe-driver discounts applied.

Popular auto insurance companies and some of their more popular discounts are included below.

  • Progressive offers discounts including multi-policy, multi-vehicle, good student, online quote discount, and homeowner.
  • Farmers Insurance discounts include multi-car, switch companies, teen driver, youthful driver, distant student, pay in full, and bundle discounts.
  • Farm Bureau includes discounts for 55 and retired, good student, safe driver, renewal discount, and driver training.
  • State Farm may offer discounts for student away at school, driver's education, safe vehicle, Drive Safe & Save, and good student.
  • GEICO policyholders can earn discounts including multi-vehicle, membership and employees, driver training, military active duty, anti-theft, and air bags.
  • SAFECO may include discounts for safe driver, anti-lock brakes, accident prevention training, teen safe driver, teen safety rewards, drive less, and anti-theft.
  • Liberty Mutual has discounts for new vehicle discount, preferred payment discount, good student, multi-policy, and new move discount.

If you need lower rates, check with each insurance company what discounts are available to you. A few discounts might not apply in your state. For a list of insurance companies offering auto insurance discounts in Texas, follow this link.

Local neighborhood insurance agents

Many drivers still prefer to sit down and talk to an agent and that is OK! Most agents can help you choose the best coverages and will help you if you have claims. One of the best bonuses of comparing insurance prices online is you can get better rates and still have a local agent.

Find insurance agent in PlanoBy using this simple form, your coverage information is immediately sent to participating agents in Plano who will give you bids to get your business. There is no need to contact an agency due to the fact that quote results will go straight to your inbox. If you have a need to quote rates from a specific insurance company, don't hesitate to navigate to their website and give them your coverage information.

Picking an provider should depend on more than just the premium amount. A good agent in Plano will have answers to these questions.

  • What discounts might you be missing?
  • Is vehicle mileage a factor when determining depreciation for repairs?
  • By raising physical damage deductibles, how much would you save?
  • Is vehicle damage repaired with OEM or aftermarket parts?
  • What company do they have the most business with?
  • How are they compensated?

Exclusive and independent Plano car insurance agents

If you are wanting to purchase auto insurance from a local agent, there are two types of insurance agents and how they differ in how they quote coverages. Auto insurance agents in Plano can either be independent (non-exclusive) or exclusive. Both can sell and service auto insurance coverage, but it's worth learning how they are different because it may have an impact on your agent selection.

Exclusive Agents

Exclusive insurance agents can only write with one company and examples are Allstate, AAA, Farmers Insurance, and State Farm. They are unable to compare rates from other companies so always compare other rates. They are highly trained on sales techniques which aids in selling service over price.

Below is a short list of exclusive insurance agents in Plano who may provide you with comparison quotes.


4504 Legacy Dr #200 - Plano, TX 75024 - (972) 943-9555 - View Map


2301 N Central Expy #260 - Plano, TX 75075 - (972) 423-7667 - View Map


4670 McDermott Rd #206 - Plano, TX 75024 - (972) 867-2778 - View Map

More insurance agents

Independent Insurance Agents

These agents do not sell for just one brand and that is an advantage because they can write policies with many different companies and potentially find a lower price. To move your coverage to a new company, your agent can just switch to a different company and you don't have to switch agencies.

When comparing rates, we recommend you get some free quotes from at least one independent agent in order to compare the most rates.

Listed below is a list of independent insurance agents in Plano that are able to give price quote information.


1001 E 15th St #100 - Plano, TX 75074 - (469) 609-8156 - View Map


5805 Coit Rd #401 - Plano, TX 75093 - (972) 964-0113 - View Map


3415 Custer Rd #161 - Plano, TX 75023 - (972) 964-4825 - View Map

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Once you have acceptable answers to your questions as well as offering an affordable quote, you may have found an insurance agent that will properly insure your vehicles. It's important to know that policyholders can cancel a policy whenever you choose to so don't think that you are obligated to a specific company indefinitely.

Plano car insurance companies

Selecting the top auto insurance company can be difficult considering how many companies provide coverage in Texas. The ranking data listed below may help you pick which providers you want to consider comparing rate quotes with.

Top 10 Plano Car Insurance Companies Ranked by Value

  1. Mercury Insurance
  2. Travelers
  3. American Family
  4. AAA Insurance
  5. Safeco Insurance
  6. Progressive
  7. The Hartford
  8. The General
  9. 21st Century
  10. Esurance

Top 10 Plano Car Insurance Companies Overall

  1. Travelers
  2. USAA
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Allstate
  7. State Farm
  8. The Hartford
  9. Safeco Insurance
  10. Progressive

When do I need an agent's advice?

When quoting and comparing your policy for your vehicles, there really is not a one size fits all plan. Your financial needs are unique and your insurance should unique, too.Higher deductibles save money These are some specific questions may help highlight if you might need professional guidance.

  • Does my medical payments coverage pay my health insurance deductible?
  • Why is insurance for a teen driver so high in Plano?
  • How many claims can I have before being canceled?
  • What is the rate difference between pleasure use and commuting?
  • Am I covered when driving on a suspended license?
  • Can I afford to buy a different vehicle if my Chevy Aveo is totaled?

If you don't know the answers to these questions then you might want to talk to an agent. To find an agent in your area, complete this form or click here for a list of insurance companies in your area. It's fast, free and may give you better protection.

Insurance coverages 101

Knowing the specifics of a insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Shown next are the usual coverages found on most insurance policies.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle's damage.

Since a lot of drivers only purchase the least amount of liability that is required (Texas limits are 30/60/25), it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Medical expense coverage

Coverage for medical payments and/or PIP pay for bills for doctor visits, surgery, chiropractic care and ambulance fees. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from flooding, damage from a tornado or hurricane and theft. The most you'll receive from a claim is the actual cash value, so if the vehicle's value is low consider dropping full coverage.

Collision coverage protection

Collision coverage pays for damage to your Aveo caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as backing into a parked car, crashing into a ditch and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to bump up the deductible on your Aveo to get cheaper collision coverage.

Liability coverages

Liability insurance can cover damage or injury you incur to other's property or people by causing an accident. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 30/60/25 which means $30,000 bodily injury coverage, a per accident bodily injury limit of $60,000, and $25,000 of coverage for damaged property.

Liability insurance covers things like structural damage, emergency aid and medical expenses. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford. Texas state minimum liability requirements are 30/60/25 but you should think about purchasing better liability coverage.

The chart below demonstrates why buying the state minimum limits may not be high enough to cover claims.

One last note

As you shop your coverage around, it's not a good idea to sacrifice coverage to reduce premiums. In too many instances, someone sacrificed physical damage coverage and discovered at claim time they didn't purchase enough coverage. Your objective should be to buy the best coverage you can find for the lowest price.

We just showed you a lot of ways to save on Chevy Aveo insurance in Plano. It's most important to understand that the more rate quotes you have, the better likelihood of getting affordable Plano car insurance quotes. Drivers may even discover the most savings is with a smaller regional carrier. Some small companies can often provide lower rates in certain areas as compared to the big name companies such as GEICO and State Farm.

Even more information is located at these sites: