1993 Chevrolet Lumina Minivan Insurance Cost

Scraping up a payment for overpriced Chevrolet Lumina Minivan insurance can deplete your budget, especially in this economy.

Insurance companies such as Allstate, Liberty Mutual and State Farm continually hit you with advertising and it is challenging if not impossible to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

It’s a good idea to quote other rates occasionally because prices change frequently. Even if you think you had the best price on Lumina Minivan insurance a year ago a different company probably has better rate quotes today. Forget anything you know (or think you know) about insurance coverage because you’re about to find out the best way to get good coverage at a lower rate.

Insurance coverage quotes comparison

To find inexpensive insurance coverage quotes, there are several ways to compare rate quotes from companies that offer insurance coverage in your state. The simplest method to find affordable 1993 Chevy Lumina Minivan insurance rates consists of obtaining rate quotes online. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. Without a doubt, the easiest way to get quotes is a comparison rater form click to view form in new window. This easy form keeps you from doing repetitive form submissions for each company you want a rate for. One simple form gets you coverage quotes from many national carriers.
  2. Another way to get quotes online requires a visit to each individual company website and fill out a new quote form. For instance, let’s say you want to compare Farmers, Progressive and State Farm. To do that, you would have to visit each site and repeatedly type in your coverage information, which can be really labor intensive.

    For a list of links to companies insuring cars in your area, click here.

Compare rates however you want, just compare the exact same coverages for every company. If you are comparing differing limits it will be very difficult to truly determine the lowest rate. Even a minor difference in coverage limits can make a big difference in price. And when comparing insurance coverage rates, know that more quotes will increase your chances of finding a lower rate than you’re paying now. Not every company does quotes online, so it’s necessary to compare quotes from those companies as well.

Cheaper insurance coverage rates with discounts

Insurance coverage is expensive, but you can get discounts that can dramatically reduce your bill. Some of these disounts will be visible at the time you complete a quote, but some discounts are required to be requested specifically before they will apply.

  • Waiver for an Accident – This one isn’t a discount, but certain companies will let one accident slide without raising rates if you have no claims prior to the accident.
  • Active Service Discounts – Being deployed in the military may lower your prices slightly.
  • College Student – Children who live away from home to go to college and do not have access to a covered vehicle can receive lower rates.
  • Include Life Insurance and Save – Some insurance carriers give a break if you buy life insurance.
  • Seat Belt Discounts – Using a seat belt and requiring all passengers to fasten their seat belts can save up to 10 percent (depending on the company) off the personal injury premium cost.
  • Telematics Discount – Insureds who allow their insurance company to monitor their driving habits by using a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system might see lower rates if they are good drivers.

One thing to note about discounts is that some credits don’t apply the the whole policy. The majority will only reduce the cost of specific coverages such as liability and collision coverage. Even though the math looks like you can get free auto insurance, you aren’t that lucky.

For a list of companies offering insurance coverage discounts, click here.

Six tips to get cheaper insurance prices

An important part of buying insurance is that you know the different types of things that come into play when calculating the price you pay for auto insurance. When you understand what controls the rates you pay, this allows you to make educated decisions that may reward you with lower premium levels. Lots of factors are part of the calculation when you get a price on insurance. Some are obvious such as traffic violations, but other criteria are not quite as obvious such as whether you are married or how financially stable you are.

The itemized list below are a few of the “ingredients” that factor into prices.

  • Rates may be higher where you live – Choosing to live in less populated areas of the country is a good thing when insuring your vehicles. Fewer people corresponds to lower accident rates in addition to lower liability claims People in densly populated areas have to deal with congested traffic and more severe claims. Spending more time driving means more chance of being in an accident.
  • Mature drivers pay less – Mature drivers have been proven to be more responsible, tend to file fewer claims and are safer drivers.Beginning drivers have a tendency to be less responsible behind the wheel so they pay higher auto insurance rates.
  • Higher rates for coverage lapses – Driving without insurance is not a good idea and auto insurance companies will penalize you for letting your insurance expire. And not only will insurance be more expensive, being ticketed for driving with no insurance might get you a hefty fine and possibly a revoked license.
  • Prevent your car from being stolen – Choosing to buy a car that has an advanced theft prevention system can earn a premium discount. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your car from being stolen.
  • Liability safeguards assets – Liability coverage will provide protection if ever you are found to be at fault for causing personal injury or damage in an accident. It will provide for a legal defense to attempt to prove you were not liable. This coverage is very inexpensive compared to other policy coverages, so do not skimp.
  • Where do you drive? – The more you drive your Chevy every year the higher your rate. Almost all companies charge to insure your cars partially by how you use the vehicle. Cars and trucks that do not get driven very much get more affordable rates than cars that get driven a lot. An incorrectly rated Lumina Minivan is just wasting money. Double check that your auto insurance policy correctly shows the correct usage for each vehicle, because improper ratings can cost you money.

Tailor your insurance coverage to you

When buying adequate coverage, there really is not a best way to insure your cars. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine whether your personal situation might need an agent’s assistance.

  • I don’t drive much so do I pay less?
  • What is high-risk coverage and where do I buy it?
  • Am I covered when driving a rental car?
  • Where can I find high-risk insurance?
  • Are my friends covered when driving my 1993 Chevy Lumina Minivan?
  • When would I need additional glass coverage?
  • Does coverage extend to a rental car in a foreign country?
  • Should I buy only the required minimum liability coverage?
  • What should my uninsured motorist coverage limits be in my state?
  • Is my state a no-fault state?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.

Insurance companies are expert advertisers

Respected companies like State Farm, Geico and Progressive continually stream television and radio advertisements. All the companies make an identical promise about how much you will save if you get a free insurance coverage quote and switch your policy. Is it even possible that every company can offer you a better deal? It’s all in how they say it.

Insurance companies can use profiling for the type of customer that will generate a profit. For instance, this type of insured may be married and over the age of 30, has no claims, and chooses high deductibles. Someone that matches those criteria will probably get the lowest car insurance rates and have a good chance to cut their rates substantially.

Potential insureds who don’t qualify for those standards will have to pay higher prices and ends up with the customer not purchasing. The ads say “customers who switch” not “everyone that quotes” can save as much as they claim. This is how insurance companies can confidently advertise the savings. This illustrates why drivers must get as many free insurance coverage quotes as possible. Because you cannot predict which insurance company will have the best car insurance rates for your profile.

Car insurance coverages 101

Having a good grasp of your car insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be confusing and coverage can change by endorsement. These are typical coverages found on most car insurance policies.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage provide coverage for bills for things like dental work, EMT expenses and hospital visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive insurance – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like rock chips in glass, hitting a bird and fire damage. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your Chevy Lumina Minivan.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Auto liability – This protects you from damages or injuries you inflict on other people or property. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against claims such as structural damage, pain and suffering, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.

Collision coverages – This coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like colliding with a tree, colliding with another moving vehicle and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Money doesn’t grow on trees

We just showed you some good ideas how to compare 1993 Chevy Lumina Minivan insurance auto insurance rates online. The most important thing to understand is the more quotes you get, the higher your chance of finding cheaper insurance coverage. Consumers may even find the lowest auto insurance rates are with some of the smallest insurance companies. These companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate and Progressive.

When trying to cut insurance costs, it’s not a good idea to reduce needed coverages to save money. There have been many situations where an insured dropped physical damage coverage and learned later they didn’t purchase enough coverage. The goal is to purchase a proper amount of coverage at the best price, but do not sacrifice coverage to save money.

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