Searching for better car insurance rates for your Chevrolet Lumina? Trying to come up with a payment for pricey car insurance can overdraw your monthly budget and put a big crunch on your finances. Doing a rate comparison is free and is an excellent way to tighten up your finances.
Since you have so many choices, it is very difficult to choose the cheapest car insurance provider.
It’s smart to compare premium rates once or twice a year because prices change frequently. Just because you found the lowest quotes for Lumina insurance at your last renewal you may be paying too much now. You’ll find a ton of advice on car insurance on the web, but in just a couple of minutes you can learn some proven techniques to lower your car insurance premiums.
Buying the cheapest coverage is easy if you know what you’re doing. If you have a policy now or need a new policy, you can follow these tips to get lower rates and still get good coverage. Drivers just need to know the most efficient way to shop for car insurance on the web.
Getting a cheaper price on 2001 Chevy Lumina insurance is pretty simple and can save money. All that’s required is to spend a few minutes on the computer getting comparison quotes from different insurance companies. Insurance prices can be quoted by using one of the methods below.
How you compare quotes is your choice, just make darn sure you compare the same coverage limits for every quote you compare. If you compare unequal deductibles or liability limits you will not be able to find the best deal for your Chevy Lumina.
Consumers get pounded daily by advertisements for cheaper insurance coverage by Allstate, GEICO and Progressive. They all seem to say the same thing that drivers can save some big amount if you change your coverage.
How does each company make almost identical claims? Here is how they do it.
Most companies look for specific characteristics for the type of insured that will be a good risk. For example, this type of driver might be between the ages of 30 and 50, is a homeowner, and drives a lower-performance vehicle. A driver who matches those parameters will qualify for the lowest prices and is almost guaranteed to save when they switch companies.
Consumers who do not fit this stringent profile will have to pay a higher premium which results in the customer buying from someone else. If you listen to the ad wording, they say “drivers that switch” not “everyone who quotes” save that much. That is how insurance companies can confidently make the claims of big savings.
Because each company has a different risk profile, it is so important to get a wide range of price quotes. It is impossible to predict with any certainty which company will be your best fit.
Auto insurance is neither fun to buy or cheap, but you might already qualify for some discounts that may help make it more affordable. Some of these disounts will be visible when you complete an application, but a few must be specifically requested before they will apply. If you do not double check each discount available, you may be paying too high a price.
Discounts reduce rates, but you should keep in mind that some of the credits will not apply to the entire cost. Most cut specific coverage prices like medical payments or collision. Just because you may think you can get free auto insurance, that’s just not realistic.
A few of the larger companies and a partial list of their discounts are detailed below.
If you are trying to find cheaper auto insurance quotes, ask each company or agent how many discounts you can get. Some of the discounts discussed earlier may not apply to policies everywhere. If you would like to choose from a list of companies who offer discounts, click this link.
When it comes to buying the right insurance coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that can help discover whether you will benefit from professional help.
If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, free and may give you better protection.
Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverages available from auto insurance companies.
Collision – This covers damage to your Lumina resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision can pay for claims like damaging your car on a curb, colliding with a tree, sideswiping another vehicle, backing into a parked car and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.
Comprehensive auto coverage – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims such as falling objects, hitting a bird, damage from a tornado or hurricane and damage from flooding. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Liability insurance – Liability insurance protects you from damage or injury you incur to other people or property. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.
Liability coverage pays for claims like funeral expenses, medical services, bail bonds, loss of income and structural damage. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.
Medical payments and PIP coverage – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for doctor visits, hospital visits, EMT expenses and X-ray expenses. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. They cover you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available but can be used in place of medical payments coverage
UM/UIM (Uninsured/Underinsured Motorist) coverage – This provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually the UM/UIM limits do not exceed the liability coverage limits.
Some insurance providers do not offer the ability to get a quote online and usually these small insurance companies only sell through independent agents. Lower-priced 2001 Chevy Lumina insurance is available on the web as well as from insurance agents, so you should be comparing quotes from both to have the best rate selection.
When trying to cut insurance costs, it’s a bad idea to skimp on coverage in order to save money. There have been many situations where an accident victim reduced uninsured motorist or liability limits only to regret at claim time that the savings was not a smart move. Your goal should be to buy the best coverage you can find at the best price while still protecting your assets.
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