Cheap 1991 Chevrolet Lumina Car Insurance Rates

Have you had enough of not being able to afford to buy car insurance? You’re in the same situation as many other drivers.

Insurance companies such as Geico and Progressive persitently shower you with catchy ads and it can be hard to see past the corporate glitz and take the time to shop coverage around.

If you are paying for car insurance now, you will be able to lower your premiums substantially using this strategy. Finding the best rates is quite easy. Nevertheless, consumers do need to learn the way companies determine prices.

Factors that can influence Chevy Lumina insurance rates

Consumers need to have an understanding of some of the elements that play a part in calculating the price you pay for car insurance. Knowing what impacts premium levels helps enable you to make changes that will entitle you to big savings.

Shown below are a few of the “ingredients” that factor into prices.

  • Cautious drivers pay less – Careful drivers tend to pay less for car insurance than their less careful counterparts. Only having one citation can boost insurance rates twenty percent or more. Drivers who have dangerous citations such as reckless driving, hit and run or driving under the influence may need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent a license revocation.
  • Do you need the policy add-ons? – There are a ton of additional coverages that you can buy on your 1991 Lumina policy. Coverages like vanishing deductibles, towing coverage and membership fees are examples of these. They may seem good when talking to your agent, but your needs may have changed so get rid of them and save.
  • Your occupation can affect rates – Did you know your car insurance rates can be affected by your occupation? Careers like judges, business owners and dentists tend to pay the highest average rates due to job stress and lots of time spent at work. Other occupations like farmers, historians and homemakers have the lowest average rates on Lumina insurance.
  • How credit affects car insurance rates – Your credit rating is a large factor in determining your rates. Drivers with high credit ratings tend to file fewer claims and have better driving records than drivers with lower credit ratings. Therefore, if your credit can use some improvement, you could pay less to insure your 1991 Chevrolet Lumina by repairing your credit.

Discounts are basically free money

Companies that sell car insurance don’t always advertise every available discount in a way that’s easy to find, so we researched some of the best known and the more hidden discounts you could be receiving.

  • Pay Now and Pay Less – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
  • Organization Discounts – Belonging to a professional or civic organization is a good way to get lower rates when buying insurance coverage on Lumina insurance.
  • New Car Discount – Adding a new car to your policy can save up to 30% since new cars are generally safer.
  • Government Employees – Simply working for the federal government can earn a discount up to 10% on Lumina insurance with certain companies.
  • Safety Course Discount – Taking a defensive driving course could save 5% or more if your company offers it.
  • No Claims – Drivers who don’t have accidents can earn big discounts as compared to drivers who are more careless.
  • Seat Belt Usage – Requiring all passengers to buckle their seat belts could save 15% off your medical payments premium.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on one policy qualifies for this discount.

It’s important to understand that some credits don’t apply to all coverage premiums. Some only reduce the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears all the discounts add up to a free policy, insurance coverage companies aren’t that generous.

Car insurance companies that may have these money-saving discounts include:

Check with each insurance company which discounts they offer. Some discounts may not be available everywhere.

Car insurance ads bend the truth

Companies like State Farm, Allstate and Geico regularly use television and radio advertisements. All the ads have a common claim of big savings if you move your coverage to them. How does each company make the same claim? It’s all in the numbers.

All companies are able to cherry pick for the driver that is profitable for them. A good example of a driver they prefer might be profiled as over the age of 50, a clean driving record, and has great credit. A propective insured who fits that profile receives the best rates and most likely will save when they switch companies.

Consumers who don’t measure up to these standards will be quoted a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ads state “people who switch” not “everybody who quotes” save that kind of money. That is how companies can truthfully advertise the savings. This emphasizes why you should compare many company’s rates. It’s impossible to know the company that will fit your personal profile best.

Which insurance is the “right” coverage?

When buying proper insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s needs are different and your policy should reflect that. These are some specific questions can help discover if your situation would benefit from an agent’s advice.

  • Should I buy additional glass protection?
  • Is other people’s property covered if stolen from my vehicle?
  • What is UM/UIM insurance?
  • How can I find cheaper teen driver insurance?
  • Am I covered when driving on a suspended license?
  • Do I need motorclub coverage?
  • Can I pay claims out-of-pocket if I buy high deductibles?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Specific coverages for a Chevy Lumina

Learning about specific coverages of your policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find the usual coverages found on most auto insurance policies.

Collision insurance

This will pay to fix 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 can pay for things such as driving through your garage door, colliding with a tree and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as surgery, chiropractic care and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

UM/UIM Coverage

This coverage gives you protection when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 1991 Chevy Lumina.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like theft, fire damage and hitting a deer. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability coverage

This provides protection from damage that occurs to other people or property by causing an accident. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things like court costs, repair costs for stationary objects, emergency aid and attorney fees. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

More quotes mean more savings

Discount 1991 Chevy Lumina insurance is possible both online and with local insurance agents, and you need to comparison shop both to get a complete price analysis. Some insurance providers do not offer the ability to get a quote online and these regional insurance providers work with independent agents.

You just learned quite a bit of information on how to reduce insurance prices online. It’s most important to understand that the more companies you get rates for, the better your chances of lowering your rates. Consumers may even find the best prices are with a company that doesn’t do a lot of advertising. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as State Farm or Progressive.

More information is available at the links below