1994 Chevrolet Lumina Insurance Rates – 9 Ideas for Best Quotes

Drivers have a choice when trying to find low-cost Chevy Lumina insurance. They can either spend hours contacting agents to get rate comparisons or use the internet to find the lowest rates.

There is a right way and a wrong way to shop for car insurance and you need to know the quickest way to price shop coverage for your Chevy and find the lowest price.

It’s smart to price shop coverage every six months since insurance prices change regularly. Even if you got the best price for Lumina coverage a year ago the chances are good that you can find a lower rate quote today. Ignore everything you know about car insurance because I’m going to teach you the best way to find lower rates on car insurance.

If you have a policy now or need a new policy, you will benefit by learning to find better prices and still get good coverage. This article will help educate you on how to get online quotes and some tips to save money. Vehicle owners just need to know the proper methods to compare prices online.

Quote insurance online

Finding a better price on insurance is not a difficult process. You just need to take time comparing rate quotes to discover which company has the cheapest insurance quotes. This can easily be done using one of these methods.

  • Probably the best way consumers can analyze rates is a comparison rater form click here to open form in new window. This quick form keeps you from doing separate forms for every prospective company. One form submission will return quotes from multiple low-cost companies. Just one form and you’re done.
  • A slightly less efficient method to get comparison quotes requires visiting the website of each company and get a separate price quote. For example, we’ll pretend you want to see prices from Geico, Progressive and Travelers. You would need to go to every website and enter your policy data, which is why first method is reommended. For a handy list of car insurance company links in your area, click here.
  • The old school method to find cheaper rates is to drive around to local insurance agencies. Buying insurance online has made agencies unnecessary unless you want the professional guidance of a licensed agent. You can, however, find lower rates online and still use a local agent.

However you get your quotes, make sure you are using the same coverage data with every price quote. If you are comparing different limits and deductibles on each one it’s impossible to determine which rate is truly the best.

Use discounts on auto insurance

Companies do not list every discount in a way that’s easy to find, so we took the time to find both the well known as well as the least known credits available to bring down your rates.

  • Discount for Life Insurance – Larger insurance companies have lower premium rates if you buy some life insurance too.
  • Driving Data Discount – People who choose to allow their insurance company to spy on driving patterns by using a small device installed in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts if they show good driving skills.
  • Early Payment Discounts – By making one initial payment instead of monthly or quarterly installments you can avoid monthly service charges.
  • Accident Free – Claim-free drivers have much lower rates in comparison with drivers who are more careless.
  • More Vehicles More Savings – Buying insurance for more than one vehicle on one policy can reduce rates for all insured vehicles.
  • Sign Online – A handful of larger companies give back up to $50 shop insurance on your computer.
  • Distant College Student Discount – Children who are enrolled in higher education away from home and do not have a car could qualify for this discount.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education if offered at their school.
  • Driver Safety – Passing a driver safety class could earn you a small percentage discount depending on where you live.

A quick disclaimer, most of the big mark downs will not be given to the entire cost. Most cut the cost of specific coverages such as comprehensive or collision. So even though it sounds like adding up those discounts means a free policy, it doesn’t quite work that way. But any discount should definitely cut the premium cost.

Popular auto insurance companies and a summarized list of policyholder discounts can be found below.

  • Progressive may have discounts that include continuous coverage, multi-vehicle, good student, online quote discount, and online signing.
  • Farmers Insurance offers discounts for teen driver, business and professional, homeowner, switch companies, early shopping, and alternative fuel.
  • Farm Bureau has savings for driver training, safe driver, multi-vehicle, renewal discount, good student, and youthful driver.
  • State Farm has discounts for safe vehicle, Steer Clear safe driver discount, accident-free, multiple autos, and student away at school.
  • Geico discounts include anti-lock brakes, federal employee, good student, membership and employees, five-year accident-free, and military active duty.
  • SAFECO offers discounts including bundle discounts, teen safety rewards, homeowner, drive less, accident prevention training, and safe driver.
  • Liberty Mutual may include discounts for new graduate, newly married, multi-car, new move discount, and safety features.

If you are trying to find inexpensive insurance quotes, ask all companies you are considering to apply every possible discount. Some of the earlier mentioned discounts may not apply in your area.

Tailor your auto insurance coverage to you

When buying coverage, there really is no single plan that fits everyone. Everyone’s situation is unique.

Here are some questions about coverages that can aid in determining whether or not you would benefit from professional advice.

  • Will filing a claim cost me more?
  • When do I need to add a new car to my policy?
  • Do I need roadside assistance coverage?
  • When does my teenage driver need to be added to my policy?
  • What is the rate difference between pleasure use and commuting?
  • Can my teen drive my company car?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Well known brands might not be cheapest

Consumers can’t ignore all the ads that claim the cheapest prices by Allstate, Geico and Progressive. They all state the claim that people will save if you change your policy.

How is it plausible that every one can give you a better price? It’s all in the wording.

Insurance coverage companies quote their cheapest rates for the type of customer they prefer to insure. One example of a profitable risk profile might be between the ages of 30 and 45, has no prior claims, and has a high credit rating. A customer getting a price quote who matches those parameters will get very good rates and will save when switching.

Potential customers who may not quite match those criteria will be quoted higher premium rates which leads to the prospect going elsewhere. If you listen to the ad wording, they say “customers that switch” but not “everyone who gets a quote” can save as much as they claim. That’s the way insurance companies can lure you into getting a quote.

This really illustrates why you really need to compare as many free insurance quotes as you can. It’s just not possible to know with any certainty which company will provide you with the cheapest premium rates.

Car insurance policy coverages for a 1994 Chevy Lumina

Knowing the specifics of a car insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Uninsured and underinsured coverage

This coverage protects you and your vehicle 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 Chevy Lumina.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Most of the time these limits are set the same as your liablity limits.

Collision insurance

This pays for damage to your Lumina from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like hitting a parking meter, backing into a parked car, colliding with another moving vehicle, driving through your garage door and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Liability car insurance

This coverage can cover injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you from claims by other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against things like bail bonds, repair bills for other people’s vehicles, structural damage, repair costs for stationary objects and loss of income. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as EMT expenses, pain medications, doctor visits and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like a tree branch falling on your vehicle, hitting a deer and damage from getting keyed. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Affordable insurance is out there

People leave their current company for many reasons like extreme rates for teen drivers, questionable increases in premium, an unsatisfactory settlement offer and even high prices. Regardless of your reason, finding a new car insurance company can be pretty painless.

Cost effective 1994 Chevy Lumina insurance is definitely available from both online companies and with local insurance agents, and you need to price shop both to have the best rate selection. Some car insurance companies may not offer internet price quotes and usually these small insurance companies work with independent agencies.

In this article, we presented quite a bit of information on how to lower your 1994 Chevy Lumina insurance premium rates. The most important thing to understand is the more providers you compare, the better your comparison will be. Consumers could even find that the most savings is with some of the smallest insurance companies.

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