Looking for the cheapest auto insurance rates for your Chevrolet Lumina? Are you burned out from paying out the nose to buy auto insurance? Your situation is no different than many other people.
Big companies like Allstate, Progressive and GEICO constantly blast consumers with catchy ads and it is difficult to see through the deception and find the best price available.
If you have car insurance now, you will be able to reduce your rates substantially using this information. Finding affordable coverage is not rocket science. But consumers must learn how insurance companies market on the web and take advantage of how the system works.
Car insurance can cost a lot, but you may be missing some discounts to cut the cost considerably. Some discounts apply automatically at the time of purchase, but a few must be asked for before being credited.
Consumers should know that most discounts do not apply to the entire cost. Most only apply to individual premiums such as comp or med pay. So even though you would think you can get free auto insurance, insurance companies wouldn’t stay in business. But any discount will reduce the amount you pay for coverage.
To locate providers that offer the discounts shown above, click here to view.
The are a couple different ways to compare rate quotes from different insurance companies. The best way to do a complete rate comparison is to get quotes online. This can be accomplished in a couple of different ways.
Whichever way you choose to compare rates, make darn sure you compare nearly identical information on every quote you get. If you compare different liability limits it will be nearly impossible to determine the lowest rate for your Chevy Lumina. Even a minor difference in insurance coverages could mean much higher rates. And when price shopping your coverage, having more price comparisons will enable you to find a lower rate. Some regional insurers cannot provide quotes online, so you also need to get quotes from them, too.
Multiple criteria are used when pricing auto insurance. Most are fairly basic such as traffic violations, but others are more obscure such as your credit history and annual miles driven.
When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s situation is unique and your policy should reflect that. For example, these questions could help you determine whether your personal situation may require specific advice.
If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance companies in your area.
Having a good grasp of a insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by insurance companies.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP kick in for short-term medical expenses for chiropractic care, pain medications, EMT expenses and funeral costs. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible
Uninsured/Underinsured Motorist (UM/UIM)
This coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.
Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these coverages are similar to your liability insurance amounts.
Collision coverage covers damage to your Lumina from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.
Collision insurance covers things such as rolling your car, backing into a parked car and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.
Liability auto insurance
This coverage will cover damage that occurs to people or other property by causing an accident. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined limit which provides one coverage limit without having the split limit caps.
Liability insurance covers claims like bail bonds, funeral expenses, legal defense fees and medical expenses. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.
Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims such as theft, a broken windshield, vandalism, falling objects and damage from flooding. The most your insurance company will pay 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.
In this article, we covered a lot of ways to save on 1998 Chevy Lumina insurance. It’s most important to understand that the more rate quotes you have, the higher your chance of finding low cost insurance. You may even discover the best price on car insurance is with a small mutual company. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as State Farm and Allstate.
Affordable 1998 Chevy Lumina insurance is possible both online and also from your neighborhood agents, and you should be comparing both to have the best rate selection. Some insurance companies do not provide online quoting and usually these smaller providers provide coverage only through independent insurance agencies.