1998 Chevrolet Lumina Car Insurance Rates

Trying to find cheaper insurance rates? Buyers have a choice when searching for the best price on Chevy Lumina insurance. They can either waste time calling around to get rate comparisons or use the internet to compare rates. There are more efficient ways to compare insurance rates so we’re going to tell you the proper way to quote coverages on a Chevy and find the best price possible from both online companies and local agents.

If you have insurance now or are shopping for new coverage, you can use these tips to reduce the price you pay while maintaining coverages. This information will help you learn how car insurance quotes work and some tricks to saving. Drivers only need an understanding of the best way to compare prices online.

The fastest way that we advise to compare rates is to know most of the larger companies pay for the opportunity to give you rate quotes. To start a quote, the only thing you need to do is give them some information such as whether you drive to work or school, the make and model of your vehicles, types of safety features, and level of coverage desired. That information is then sent to multiple car insurance providers and you will receive price estimates immediately.

Earn discounts on auto insurance

Companies offering auto insurance don’t always publicize every discount in a way that’s easy to find, so the list below contains some of the more common and also the more inconspicuous discounts that may be available. If you don’t get every credit possible, you could be getting lower rates.

  • Air Bags and Passive Restraints – Factory options such as air bags or automatic seat belts can receive discounts of 20 to 30 percent.
  • Accident Forgiveness – This one isn’t a discount, but certain companies may permit one accident before they charge you more for coverage if you are claim-free for a particular time prior to the accident.
  • Renewal Discounts – Some insurance companies give discounts for signing up early. This can save 10% or more.
  • Defensive Driver Discounts – Taking part in a course that instructs on driving safety may get you a small discount and make you a better driver.
  • Federal Employees – Active or former government employment can save as much as 8% on Lumina coverage with certain companies.
  • Theft Deterent – Cars and trucks equipped with anti-theft or alarm systems are stolen with less frequency and therefore earn up to a 10% discount.
  • Claim-Free Discount – Insureds with no claims or accidents have much lower rates when compared with drivers with a long claim history.
  • Sign Online – A few insurance companies give back up to $50 shop insurance on their website.

Policy discounts save money, but most of the big mark downs will not be given to all coverage premiums. Most cut the price of certain insurance coverages like comprehensive or collision. Even though it may seem like you could get a free auto insurance policy, you’re out of luck. Any amount of discount will positively reduce the premium cost.

Insurance companies that possibly offer most of these discounts include:

When getting free insurance quotes, it’s a good idea to each insurance company which discounts you may be entitled to. All car insurance discounts may not be offered in your area. To see insurers who offer free auto insurance quotes, click here.

Tailor your insurance coverage coverage to you

When buying the best insurance coverage coverage, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

For instance, these questions may help highlight if your situation would benefit from professional advice.

  • Is my Chevy Lumina covered if I use it for business?
  • Is my teen driver covered when they drive my company car?
  • Should I bundle my homeowners policy with my auto?
  • What are the best liability limits?
  • Does my personal policy cover me when driving out-of-state?
  • Does medical payments coverage apply to all occupants?
  • What is an SR-22 filing?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form. It is quick, free and you can get the answers you need.

What impacts Chevy Lumina insurance premiums?

Many different elements are used in the calculation when you get a price on insurance. Some are obvious such as traffic violations, but some are not quite as obvious like your continuous coverage and annual miles driven.

The factors shown below are some of the most common factors used by companies to determine rates.

  • Safer cars cost less to insure – Safer cars cost less to insure. Highly rated vehicles help reduce the chance of injuries in an accident and reduced instances of injuries means lower claim amounts and thus lower rates.
  • Does insurance cost less for women? – Statistics demonstrate women tend to be less risk to insure than men. However, this does not mean men are worse drivers. Both sexes tend to get into accidents at about the same rate, but guys have costlier accidents. In addition to higher claims, males also get cited for more serious violations like reckless driving and DUI. Males from age 16 to 21 cause the most accidents and thus pay the highest rates.
  • Use credit responsibly and save – Your credit history can be an important factor in determining what you pay. Drivers with excellent credit scores tend to be less risk to insure than drivers with lower ratings. If your credit rating is not that good, you could save money insuring your 1998 Chevrolet Lumina if you clean up your credit.
  • With age comes lower premiums – Drivers with little experience tend to be easily distracted behind the wheel so they pay higher insurance rates. Parents adding a first-time driver onto a policy can be very expensive. Older drivers are more cautious drivers, tend to cause fewer accidents and tend to be get fewer driving tickets.
  • You might pay more if you are single – Having a wife or husband may earn you lower rates when buying insurance. Marriage means you’re more mature than a single person and statistics show married couples file fewer claims.

Advertising myths

Consumers constantly see and hear ads for car insurance savings from companies such as 21st Century, Allstate and State Farm. All the ads make the same claim that people will save just by moving to their company.

How can each company cost less than your current company? It’s all in how they say it.

Car insurance companies have specific criteria for the type of customer that will generate a profit. For example, this type of risk profile may be between 30 and 50, has a low-risk occupation, and chooses high deductibles. A driver who meets those qualifications will qualify for the lowest rates and is almost guaranteed to save some money.

People who do not match the ideal profile will probably be forced to pay a higher premium which results in the customer not purchasing. If you pay close attention to the ads, they say “drivers who switch” not “everybody who quotes” save that much when switching. That’s the way insurance companies can confidently advertise the savings. Each company has different criteria, so you need to get insurance quotes as often as possible. Because without a comparison, you cannot know which company will have the best prices at this point in time.

Specifics of your car insurance policy

Knowing the specifics of car insurance aids in choosing the best coverages and the correct deductibles and limits. Car insurance terms can be confusing and reading a policy is terribly boring.

Collision coverage

Collision insurance pays for damage to your Lumina from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things such as crashing into a ditch, backing into a parked car, colliding with another moving vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible to get cheaper collision coverage.

Liability coverage

This coverage can cover damage that occurs to people or other property. It protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability insurance covers things such as pain and suffering, repair costs for stationary objects, attorney fees, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Medical costs insurance

Coverage for medical payments and/or PIP pay for immediate expenses such as chiropractic care, dental work and nursing services. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

UM/UIM Coverage

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as a broken windshield, hitting a deer, vandalism, hail damage and damage from getting keyed. The most your car insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Quote more. Save more.

Consumers change insurance companies for many reasons like policy cancellation, policy non-renewal, denial of a claim or even not issuing a premium refund. No matter why you want to switch, finding a new company is pretty simple and you could end up saving a buck or two.

Low-cost 1998 Chevy Lumina insurance is definitely available on the web in addition to local insurance agencies, so get free insurance quotes from both of them so you have a total pricing picture. There are still a few companies who do not offer rates over the internet and most of the time these small insurance companies only sell coverage through local independent agents.

As you shop your coverage around, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced comprehensive coverage or liability limits only to discover later that the few dollars in savings costed them thousands. Your goal is to buy a smart amount of coverage for the lowest cost.

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