Want the cheapest car insurance rates for your Chevrolet Lumina? Trying to find the cheapest insurance for your Chevy Lumina can normally be a painful process, but you can use a few tricks and make it easy. There is a better way to shop for car insurance and you need to know the proper way to price shop coverage for a new or used Chevy and find the cheapest rates from local insurance agents and online providers.
You should take the time to price shop coverage before your policy renews because prices are variable and change quite frequently. If you had the lowest rates for Lumina coverage a few years ago you may be paying too much now. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to the best way to get good coverage at a lower rate.
Auto insurance companies don’t list every available discount in an easy-to-find place, so the following is a list of some of the more common and also the lesser-known auto insurance savings. If they aren’t giving you every credit possible, you are throwing money away.
As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. Most cut the cost of specific coverages such as comp or med pay. Just because it seems like you can get free auto insurance, auto insurance companies aren’t that generous.
To see a list of insurance companies with the best auto insurance discounts, click this link.
The quickest way to compare policy rates is to understand car insurance companies participate in a system to give free rates quotes. To start a quote, the only thing you need to do is give them some information including how much you drive, the make and model of your vehicles, how much education you have, and if you have a valid license. Those rating factors is automatically sent to many of the top insurers and they return rate quotes very quickly.
It’s important that you understand the different types of things that come into play when calculating car insurance rates. Understanding what impacts premium levels empowers consumers to make smart changes that may reward you with much lower annual insurance costs.
When buying coverage for your personal vehicles, there really is no “best” method to buy coverage. Everyone’s situation is unique.
For example, these questions may help highlight 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, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.
Consumers can’t get away from ads for car insurance savings by companies like Allstate, Geico and Progressive. They all make the same claim that you can save if you change to them.
How can each company make almost identical claims?
Different companies have a certain “appetite” for the type of driver that makes them money. For instance, a desirable insured could possibly be between the ages of 30 and 50, has no tickets, and has a short commute. A customer who matches those parameters is entitled to the best price and is almost guaranteed to save when switching.
Potential insureds who are not a match for the “perfect” profile will have to pay a higher premium and ends up with business not being written. The ad wording is “customers that switch” not “people who quote” save that much money. That’s why companies can truthfully make the claims of big savings. Because of the profiling, it’s extremely important to quote coverage with many companies. Because you never know which insurance company will give you the biggest savings on Chevy Lumina insurance.
Knowing the specifics of your car insurance policy can help you determine appropriate coverage and proper limits and deductibles. Car insurance terms can be difficult to understand and reading a policy is terribly boring.
Collision protection
This coverage pays for damage to your Lumina resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.
Collision coverage protects against claims such as colliding with another moving vehicle, colliding with a tree and driving through your garage door. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.
Medical payments and PIP coverage
Coverage for medical payments and/or PIP provide coverage for bills such as prosthetic devices, pain medications and dental work. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants as well as getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive auto coverage
Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive can pay for claims like fire damage, hitting a bird, damage from getting keyed, hail damage and damage from a tornado or hurricane. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Liability auto insurance
Liability insurance protects you from damage that occurs to a person or their property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for 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 limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.
Liability coverage protects against things like court costs, repair bills for other people’s vehicles, attorney fees, funeral expenses and emergency aid. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
Consumers change insurance companies for any number of reasons including extreme rates for teen drivers, lack of trust in their agent, denial of a claim and even unfair underwriting practices. It doesn’t matter why you want to switch finding a new insurance coverage company is actually quite simple.
Budget-conscious 1999 Chevy Lumina insurance is possible on the web in addition to many insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some insurance companies do not provide you the ability to get quotes online and these small insurance companies work with independent agents.
We’ve covered a lot of information how to lower your insurance rates. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers could even find that the lowest rates come from some of the smallest insurance companies.