1994 Chevrolet Caprice Insurance Rates

Trying to find lower car insurance rates for your Chevrolet Caprice? Did you make the mistake of buying an overpriced car insurance policy? You’re in good company because you are not the only one feeling buyer’s remorse.

Popular companies such as Progressive, GEICO and Farmers Insurance all promote huge savings with TV and radio ads and it can be hard to see past the corporate glitz and find the best price available.

Do you qualify for discount car insurance?

Buying car insurance is not cheap, but there’s a good chance there are discounts that can drop the cost substantially. Many of these discounts will be applied automatically at quote time, but less common discounts must be specifically requested prior to getting the savings.

  • Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to buckle up could save 15% on the premium charged for medical payments and/or PIP.
  • Driving Data Discount – People who choose to allow their car insurance company to track their driving habits remotely such as State Farm’s In-Drive could see a rate decrease if they exhibit good driving behavior.
  • No Accidents – Insureds with no claims or accidents pay much less when compared to accident-prone drivers.
  • Government Employee Discount – Employees or retirees of the government may reduce rates when you quote car insurance for Caprice coverage with a few car insurance companies.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can avoid accidents so companies give up to a 10% discount.
  • Discount for New Cars – Putting coverage on a new car can cost up to 25% less due to better safety requirements for new vehicles.

Please keep in mind that most discount credits are not given to the entire cost. The majority will only reduce specific coverage prices like comprehensive or collision. Just because you may think all those discounts means the company will pay you, you won’t be that lucky.

Some of the insurance companies that have these discounts include:

Before buying, ask every insurance company what discounts are available to you. Some of the earlier mentioned discounts might not be offered in your area. To locate providers offering car insurance discounts, click this link.

What insurance coverages do I need?

When it comes to buying the right insurance coverage, there really is not a one size fits all plan. Each situation is unique and your policy should reflect that. Here are some questions about coverages that could help you determine whether your personal situation would benefit from an agent’s advice.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • Should I buy more coverage than the required minimum liability coverage?
  • Should I carry comprehensive and collision coverage?
  • If my pet gets injured in an accident are they covered?
  • Where can I find high-risk insurance?
  • What is no-fault insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area.

Insurance coverage breakdown

Knowing the specifics of your policy can help you determine which coverages you need for your vehicles. Policy terminology can be impossible to understand and coverage can change by endorsement. Below you’ll find the normal coverages available from insurance companies.

Collision coverage

Collision coverage covers damage to your Caprice resulting from a collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like sustaining damage from a pot hole, crashing into a ditch and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as damage to your Chevy Caprice.

Since many 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.

Comprehensive coverages

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like damage from a tornado or hurricane, hitting a bird and hail damage. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses such as dental work, rehabilitation expenses, prosthetic devices, hospital visits and chiropractic care. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. It covers you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for liability

Liability coverage provides protection from damages or injuries you inflict on people or other property by causing an accident. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against things like repair bills for other people’s vehicles, bail bonds, attorney fees and legal defense fees. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

In Summary

Cheaper 1994 Chevy Caprice insurance can be purchased both online in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance companies may not have price quotes online and usually these smaller providers prefer to sell through independent insurance agents.

As you restructure your insurance plan, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are many occasions where consumers will sacrifice collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to purchase a proper amount of coverage for the lowest cost and still be able to protect your assets.

We just showed you many tips how you can save on 1994 Chevy Caprice insurance. The most important thing to understand is the more companies you get premium rates for, the more likely it is that you will get a better rate. You may even find the most savings is with a small mutual company. These companies can often provide lower premium rates in certain areas than their larger competitors like State Farm, GEICO and Nationwide.

For more information, link through to the following helpful articles: