View 2002 Chevrolet Prizm Insurance Quotes

I can’t think of a single person who enjoys paying for insurance, particularly when the cost is way too high. Many car insurance companies compete for your business, so it’s not easy to compare every insurer and uncover the absolute best price available.

It’s smart to do rate comparisons once or twice a year because prices are variable and change quite frequently. If you had the lowest rates on Prizm insurance a few years ago you can probably find a better price now. Forget all the misinformation about insurance because you’re about to learn how to use the internet to lower your rates without sacrificing coverage.

Be sure to get all your discounts

Auto insurance companies don’t necessarily list all their discounts in an easy-to-find place, so we researched both the well known and also the lesser-known discounts you could be receiving. If they aren’t giving you every credit available, you are paying more than you should be.

  • Safety Course Discount – Completing a driver safety course could cut 5% off your bill if you qualify.
  • E-sign – A few companies will discount your bill up to fifty bucks for buying your policy over the internet.
  • Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% on Prizm insurance with select insurance companies.
  • Braking Control Discount – Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
  • Air Bag Discount – Cars that have air bags or motorized seat belts can get savings of 20% or more.
  • Senior Citizens – Older drivers can possibly qualify for reduced rates on Prizm insurance.
  • Accident Waiver – Certain companies will allow you to have one accident before raising your premiums if you are claim-free prior to the accident.

Keep in mind that some of the credits will not apply to all coverage premiums. Most only reduce the cost of specific coverages such as comp or med pay. So when the math indicates you could get a free auto insurance policy, you won’t be that lucky.

To see a list of companies with discount auto insurance rates, follow this link.

How do I know if I need professional advice?

When buying the best car insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Every situation is different so your insurance needs to address that. For example, these questions can help discover whether you would benefit from an agent’s advice.

  • Does my insurance cover a custom paint job?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • What is the ISO rating for a 2002 Chevy Prizm?
  • Who is covered when they drive my 2002 Chevy Prizm?
  • Are rental cars covered under my policy?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Is my dog or cat covered if injured in an accident?

If you can’t answer these questions but you think they might apply to your situation, you might consider 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 car insurance companies in your area. It’s fast, free and can provide invaluable advice.

Beware of misleading auto insurance ads

Consumers get pounded daily by advertisements for car insurance savings by Progressive, Geico, Allstate and State Farm. They all have a common claim that you can save if you switch to their company.

How does each company make the same claim? This is how they do it.

All the different companies are able to cherry pick for the right customer that earns them a profit. For instance, a preferred risk might be between the ages of 40 and 55, has no prior claims, and has a short commute. Any new insured who matches those parameters will get the preferred rates and therefore will save when they switch companies.

Potential insureds who do not match the “perfect” profile will be quoted higher rates which leads to business not being written. The ads say “drivers who switch” not “people who quote” save money. That’s why companies can truthfully claim big savings. This emphasizes why you need to get as many comparisons as possible. It’s not possible to predict which company will provide you with the cheapest Chevy Prizm insurance rates.

Car insurance coverages and their meanings

Understanding the coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. Car insurance terms can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages found on most car insurance policies.

Liability car insurance

Liability insurance can cover injuries or damage you cause to other’s property or people in an accident. It protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage pays for claims such as emergency aid, attorney fees, funeral expenses and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for collisions

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like backing into a parked car, colliding with a tree, damaging your car on a curb and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to raise the deductible to bring the cost down.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection when other motorists either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Chevy Prizm.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Insurance for medical payments

Coverage for medical payments and/or PIP pay for immediate expenses for things like nursing services, pain medications and doctor visits. They are utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as a broken windshield, damage from flooding, damage from getting keyed and hitting a bird. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Summing up your insurance search

When you buy insurance online, it’s not a good idea to reduce needed coverages to save money. Too many times, an insured cut full coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal should be to buy enough coverage at the best price while still protecting your assets.

Throughout this article, we presented quite a bit of information on how to lower your 2002 Chevy Prizm insurance rates. It’s most important to understand that the more price quotes you have, the better your chances of lowering your rates. Consumers may even find the lowest premiums are with an unexpected company. These companies often have lower prices on specific markets compared to the large companies like Allstate, Geico and Progressive.

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