Searching for better insurance coverage rates for your Chevrolet Camaro? Overpriced Chevrolet Camaro insurance can drain your checking account and put the squeeze on your family’s finances. Doing a price comparison is a great way to lower your monthly bill.
Many insurers compete for your business, and it can be difficult to compare rates to find the best price available.
Effectively comparing auto insurance prices can take hours if you don’t understand the fastest way to get free quotes. You could spend the better part of a day discussing policy coverages with insurance agencies in your area, or you could save time and use online quoting to get rates in a matter of minutes.
Most of the best insurance companies enroll in a system where prospective buyers complete one form, and at least one company can give them a price. This eliminates the need for quote requests for each company you want a rate for. To get comparison pricing now click here (opens in new window).
The one disadvantage to comparing rates this way is that consumers can’t choose the insurers you will receive quotes from. So if you want to choose specific insurance companies to compare, we put together a list of low cost auto insurance companies in your area. View list of insurance companies.
It’s your choice how you get your quotes, but ensure you are comparing identical coverage information for each comparison quote. If you compare mixed coverages you will not be able to determine the best price for your Chevy Camaro. Having just a slight variation in limits can mean a large discrepancy in price. And when price shopping your coverage, more quotes will increase your chances of finding the best rates.
When it comes to choosing the best insurance coverage for your vehicles, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions might help in determining if your insurance needs may require specific advice.
If it’s difficult to answer those questions, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance companies in your area.
Knowing the specifics of auto insurance can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. These are typical coverages found on most auto insurance policies.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage provides protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your 2010 Chevy Camaro.
Since many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.
Liability coverage
This coverage provides protection from injuries or damage you cause to other’s property or people. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.
Liability can pay for claims such as medical expenses, pain and suffering, bail bonds and medical services. How much liability should you purchase? That is up to you, but buy as much as you can afford.
Medical payments and PIP coverage
Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for EMT expenses, funeral costs, dental work, ambulance fees and doctor visits. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay
Comprehensive auto coverage
Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims like damage from getting keyed, theft, fire damage, hail damage and damage from a tornado or hurricane. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Collision protection
This covers damage to your Camaro from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage protects against things like hitting a parking meter, rolling your car, hitting a mailbox, scraping a guard rail and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.