Searching for lower car insurance rates for your Chevrolet Chevy Van? Feel like you’re a prisoner to an underperforming, overpriced car insurance policy? Trust us, many consumers are in the same pinch.
Many insurers compete for your insurance dollar, so it can be very hard to choose a provider to find the lowest rate possible.
Not too many consumers would say insurance is affordable, but companies offer discounts that many people don’t even know exist. Many of these discounts will be applied automatically at quote time, but lesser-known reductions have to be manually applied prior to receiving the credit.
Remember that most credits do not apply to your bottom line cost. The majority will only reduce individual premiums such as comprehensive or collision. So even though you would think all the discounts add up to a free policy, insurance companies aren’t that generous.
Auto insurance companies who might offer some of the above discounts include:
Before purchasing a policy, check with every prospective company the best way to save money. Some of the earlier mentioned discounts may not apply in your area. If you would like to view companies with the best discounts, click this link.
When it comes to buying proper insurance coverage, there really is not a “perfect” insurance plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions can help discover if you may require specific advice.
If you can’t answer these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.
Well-known auto insurance companies like Progressive, Geico, Allstate and State Farm regularly use ads in print and on television. They all have a common claim that drivers will save a bundle if you get a free insurance quote and switch your auto insurance policy to them. How can each company charge lower premium rates? It’s all in the numbers.
Many companies give the cheapest rates for the type of driver that will generate a profit. For instance, this type of insured may need to be a married male, has a clean driving record, and drives a car with an anti-theft system. Any driver who meets those qualifications is entitled to the best price as well as save some money.
Potential insureds who fall outside the “perfect” profile must pay higher premium rates which usually ends up with the customer not buying. If you pay close attention to the ads, they say “people that switch” not “everyone that quotes” save that kind of money. That’s the way insurance companies can make claims that they all have the best premium rates.
This really emphasizes why drivers must get price quotes at each policy renewal. You cannot predict with any certainty which company will fit your personal profile best.
Knowing the specifics of car insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are typical coverage types found on most car insurance policies.
Liability coverages – Liability insurance will cover damage that occurs to a person or their property in an accident. It protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.
Liability coverage protects against things like bail bonds, funeral expenses, structural damage, medical services and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.
Collision coverages – This coverage will pay to fix damage to your Chevy Van resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like hitting a parking meter, sustaining damage from a pot hole, driving through your garage door, rolling your car and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Chevy Chevy Van.
Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Most of the time these coverages are identical to your policy’s liability coverage.
Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like ambulance fees, surgery, dental work, funeral costs and chiropractic care. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage
Comprehensive auto coverage – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against things like fire damage, damage from a tornado or hurricane, damage from flooding, rock chips in glass and hitting a bird. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
We’ve covered a lot of tips how to lower your 1998 Chevy Chevy Van insurance car insurance rates. It’s most important to understand that the more rate quotes you have, the better chance you’ll have of finding cheap insurance. Consumers could even find that the most savings is with some of the smallest insurance companies. They may only write in your state and offer lower premium rates compared to the large companies like Allstate, Geico and Progressive.
Cheap 1998 Chevy Chevy Van insurance can be purchased from both online companies in addition to local insurance agencies, so you need to quote insurance with both to have the best selection. Some insurance providers may not offer online quoting and these small, regional companies sell through independent insurance agents.
When you buy insurance online, don’t be tempted to sacrifice coverage to reduce premiums. There are a lot of situations where someone dropped full coverage only to regret at claim time that the savings was not a smart move. The proper strategy is to find the BEST coverage for the lowest price while not skimping on critical coverages.
More detailed insurance coverage information is located at these sites: