Cheaper 1995 Chevrolet Camaro Insurance Quotes

Wish you could get a refund on overpriced car insurance? Don’t feel bad because there are many people just like you.

There are many car insurance companies to choose from, and although it’s nice to have a selection, so many choices can make it hard to find the lowest rates.

It’s important to price shop coverage before your policy renews due to the fact that insurance prices are variable and change quite frequently. Even if you think you had the lowest price for Camaro coverage a year ago a different company probably has better rate quotes today. You’ll find quite a bit of inaccurate information about car insurance out there, but you can learn some great ideas on how to lower your car insurance rates.

Pricing the cheapest car insurance is easy if you know what you’re doing. Just about everyone who shops for car insurance should be able to cut their insurance bill. But car owners can benefit by having an understanding of how big insurance companies market on the web because it can help you find the best coverage.

How to lower your insurance coverage cost

When looking for the cheapest insurance coverage quotes, there are a couple ways to compare rate quotes from many insurance coverage companies in your state. The simplest method to find cheaper 1995 Chevy Camaro rates is to get quotes online. It’s really quite simple and can be done in several different ways.

  1. The easiest and least time consuming way consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This style of form saves time by eliminating separate quotation requests for each company you want a rate for. Just one form gets you coverage quotes from several companies.
  2. A less efficient way to shop for insurance coverage online requires you to visit each individual company website and repeat the quote process again and again. For examples sake, let’s assume you want to see prices from Progressive, Allstate and Geico. You would be required to go to every website to input your insurance information, which can be really labor intensive. To view a list of companies in your area, click here.
  3. The hardest way to do your price quoting is making phone calls or going to each insurance agency near you. Doing it all online has made agencies unnecessary unless you require the extra assistance that only a licensed agent can provide. It is possible with some companies get prices online but buy the policy through an agent.

Whichever way you choose to compare rates, make sure you use equivalent coverage data on every quote. If you use different coverage information it’s not possible to decipher which rate is best. Even a minor difference in insurance coverages or limits may result in large price differences. And when quoting insurance coverage, remember that comparing more company’s prices increases the change that you will find more affordable rates.

Don’t overlook these auto insurance discounts

Some insurers don’t list every available discount very clearly, so the below list has some of the best known and also the lesser-known discounts that may be available.

  • Telematics Devices – Drivers that enable driving data collection to study vehicle usage through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease if they show good driving skills.
  • Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discounted auto insurance rate on car insurance if you buy auto and life insurance together.
  • Theft Prevention Discount – Vehicles equipped with tracking devices and advanced anti-theft systems can help prevent theft and will qualify for a discount on a insurance coverage quote.
  • Discounts for Multiple Vehicles – Buying coverage for multiple vehicles on a single policy can reduce the rates for all insured vehicles.
  • College Student – College-age children who live away from home at college and won’t have access to an insured vehicle can receive lower rates.
  • Multi-policy Discount – When you combine your auto and home insurance with the same insurance company you could save over 10 percent off each policy depending on the company.
  • Home Ownership Discount – Owning a house can save a few bucks because it requires personal responsibility.
  • ABS and Traction Control Discounts – Cars with ABS braking systems or traction control are safer to drive so companies give up to a 10% discount.
  • Smart Student Discounts – A discount for being a good student may save you up to 25%. This discount can apply well after school through age 25.
  • Discounts for New Vehicles – Adding a new car to your policy can get you a discount since new model year vehicles are generally safer.

Keep in mind that some of the credits will not apply to all coverage premiums. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. Even though the math looks like all the discounts add up to a free policy, auto insurance companies aren’t that generous.

A few popular companies and a partial list of their discounts are detailed below.

  • American Family discounts include mySafetyValet, accident-free, good student, good driver, multi-vehicle, and defensive driver.
  • State Farm may offer discounts for good student, Drive Safe & Save, multiple policy, accident-free, anti-theft, and driver’s education.
  • 21st Century offers discounts for driver training, student driver, good student, automatic seat belts, homeowners, air bags, and theft prevention.
  • Travelers offers premium reductions for continuous insurance, new car, good student, hybrid/electric vehicle, and driver training.
  • Geico has savings for multi-policy, multi-vehicle, membership and employees, anti-theft, air bags, good student, and military active duty.

When quoting, ask every company which discounts they offer. Some of the earlier mentioned discounts might not be offered on policies everywhere. To see providers who offer cheap auto insurance quotes, click here to view.

When to get professional advice

When choosing the best auto insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different and your policy should reflect that. For example, these questions may help highlight if you might need professional guidance.

  • Will filing a claim cost me more?
  • Should I buy only the required minimum liability coverage?
  • Do I need motorclub coverage?
  • Should I carry comprehensive and collision coverage?
  • How can I find cheaper teen driver insurance?
  • Does my 1995 Chevy Camaro need full coverage?
  • Does my liability insurance cover pulling a trailer or camper?
  • Are rental cars covered under my policy?

If you can’t answer these questions, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Smart buyers can cut insurance costs

Lots of things are used in the calculation when you quote your car insurance policy. A few of the factors are predictable like a motor vehicle report, although some other factors are not as apparent such as whether you are married and annual miles driven.

Shown below are some of the major factors used by insurance companies to determine rates.

  • Do you work long hours in a stressful job? – Did you know your job can affect your rates? Occupational choices like doctors, business owners and miners generally have higher premium rates due to job stress and lots of time spent away from family. Conversely, jobs like actors, athletes and homemakers receive lower rates for Camaro coverage.
  • Better credit means lower costs – A driver’s credit score is likely to be a major factor in your rate calculation. Therefore, if your credit score can use some improvement, you could potentially save money when insuring your 1995 Chevrolet Camaro if you clean up your credit. Drivers who have very high credit ratings tend to be better risks to insure than drivers with poor credit scores.
  • Save by driving cars with good safety ratings – Vehicles that have high safety ratings tend to have lower insurance rates. Highly rated vehicles result in less severe injuries and fewer injuries means less claims paid and thus lower rates. If the Chevy Camaro scored better than four stars on Safercar.gov it may be receiving lower rates.
  • Bump up physical damage deductibles to lower rates – Comp and collision deductibles represent how much money the insured will be required to pay if a claim is determined to be covered. Physical damage protection, also called ‘full coverage’, protects your car from damage. Examples of covered claims could be colliding with a stationary object, collision with a deer, and damage from wind. The larger the amount the insured is willing to pay, the lower your rates will be for Camaro coverage.

Coverages available on your policy

Learning about specific coverages of your insurance policy can be of help when determining which coverages you need for your vehicles. Insurance terms can be confusing and coverage can change by endorsement. Shown next are typical coverages offered by insurance companies.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Collision coverage

Collision coverage covers damage to your Camaro resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like crashing into a ditch, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as a broken windshield, falling objects, hail damage, damage from flooding and hitting a bird. The most a 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.

Insurance for medical payments

Med pay and PIP coverage kick in for immediate expenses for things like X-ray expenses, pain medications, doctor visits and surgery. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Auto liability

This coverage protects you from damages or injuries you inflict on a person or their property. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like pain and suffering, medical services, repair costs for stationary objects, emergency aid and medical expenses. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Do the work, save more money

You just learned a lot of ways to reduce 1995 Chevy Camaro insurance premium rates online. It’s most important to understand that the more price quotes you have, the higher your chance of finding inexpensive insurance coverage. You may be surprised to find that the lowest priced auto insurance comes from the smaller companies. Regional companies may only write in your state and offer lower prices as compared to the big name companies such as State Farm or Progressive.

Lower-priced auto insurance is available both online and from local agencies, so you should be comparing quotes from both to have the best chance of lowering rates. Some companies may not provide price quotes online and many times these small, regional companies work with independent insurance agents.

For more information, feel free to visit the articles below: