1999 Chevrolet Lumina Insurance Cost

Searching for cheaper insurance rates for your Chevrolet Lumina? No one loves paying for insurance, especially knowing their premiums are too high. Because you have many companies and agents to choose from, it can be impossible to pick the lowest cost insurer.

Consumers need to compare rates every six months because insurance rates go up and down regularly. Just because you found the lowest rate on Lumina insurance two years ago you will most likely find a better price today. Block out anything you think you know about insurance because you’re about to learn the things you must know in order to remove unneeded coverages and save money.

Discount insurance coverage quotes

Some providers don’t list the entire discount list very well, so here is a list some of the more common and also the lesser-known savings tricks you should be using when you buy auto insurance online.

  • Homeowners Discount – Owning a house can get you a discount since owning and maintaining a home is proof that your finances are in order.
  • Telematics Devices – Drivers who elect to allow driving data collection to monitor driving patterns by using a telematic data system such as State Farm’s In-Drive may see discounts if they exhibit good driving behavior.
  • Senior Citizen Rates – If you qualify as a senior citizen, you may receive better insurance coverage rates on Lumina insurance.
  • Anti-lock Brake Discount – Cars and trucks that have anti-lock braking systems can stop better under adverse conditions and therefore earn up to a 10% discount.
  • Drivers Ed for Students – Have your child successfully complete driver’s ed class in school.

One last thing about discounts, most of the big mark downs will not be given to all coverage premiums. Most only cut specific coverage prices like liability and collision coverage. So when the math indicates you can get free auto insurance, company stockholders wouldn’t be very happy.

A list of companies and a summarized list of policyholder discounts are included below.

  • Geico offers premium reductions for daytime running lights, membership and employees, military active duty, air bags, defensive driver, anti-theft, and five-year accident-free.
  • MetLife may include discounts for claim-free, accident-free, good driver, multi-policy, and defensive driver.
  • Progressive policyholders can earn discounts including good student, homeowner, multi-policy, online quote discount, and multi-vehicle.
  • Travelers may have discounts that include IntelliDrive, driver training, multi-policy, student away at school, multi-car, and save driver.
  • SAFECO discounts include teen safety rewards, safe driver, accident prevention training, teen safe driver, multi-car, drive less, and bundle discounts.
  • AAA has discounts for multi-car, anti-theft, pay-in-full, education and occupation, and multi-policy.

If you are trying to find cheaper auto insurance quotes, ask each insurance company which discounts you qualify for. Savings may not apply to policyholders in your area. To see a list of insurance coverage companies with significant discounts, click here.

How to lower your insurance costs

Many things are part of the calculation when you get a price on insurance. Some are obvious such as your driving history, but some are not quite as obvious such as your marital status or how financially stable you are.One of the most helpful ways to save on car insurance is to to have a grasp of the factors that come into play when calculating car insurance rates. If you know what determines premiums, this empowers consumers to make smart changes that will entitle you to big savings.

Shown below are just a few of the factors car insurance companies consider when setting your rate level.

  • Marriage can save you money – Having a wife or husband may save some money on your policy. Marriage usually means you are more mature and responsible and insurance companies like that drivers who are married file infrequent claims.
  • Add-on coverages can add up – There are a lot of optional add-on coverages that you can get tricked into buying when buying car insurance. Coverages for coverage for rental cars, high-cost glass coverage, and extra equipment coverage are probably not needed. The coverages may be enticing when you first buy your policy, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Alarms and GPS tracking lower prices – Selecting a car model with a theft deterrent system can earn a premium discount. Anti-theft features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart auto theft.
  • Safer cars save money – Cars with five star safety ratings are cheaper to insure. Safe vehicles result in less severe injuries and better occupant protection means less money paid by your insurance company which can mean better rates for you.

Tailor your car insurance coverage to you

When buying the best car insurance coverage, there really is no “perfect” insurance plan. Each situation is unique and your policy should reflect that. Here are some questions about coverages that may help highlight if your situation might need an agent’s assistance.

  • Is my vehicle covered by my employer’s policy when using it for work?
  • How much can I save by bundling my policies?
  • Am I better off with higher deductibles on my 1999 Chevy Lumina?
  • Which is better, split liability limits or combined limits?
  • Where can I find DUI or SR-22 insurance?
  • How high should my medical payments coverage be?
  • Am I covered if I crash into my own garage door?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.

Why you might not save $422 a year

Consumers can’t ignore all the ads that claim the best premium rates by State Farm, Allstate and Geico. All the companies have a common claim that drivers can save some big amount if you just switch your coverage to them.

It sounds good, but how can they all cost less than your current company? It’s all in the words they use.

Insurance providers can use profiling for the type of customer that earns them the highest profit. For instance, this type of risk profile could be over the age of 45, carries full coverage, and does not commute to work. Anybody that matches those criteria will most likely get cheap rates and most likely will save quite a bit of money when switching.

People who may not quite match those criteria may be required to pay a higher premium with the end result being the customer buying from a different company. The wording the ads use say “customers that switch” not “everyone that quotes” will save that much if they switch. That is how insurance companies can confidently make claims that they all have the best premium rates.

Because every company is different, drivers should do a price quote comparison at every renewal. Because you cannot predict which company will provide you with the cheapest auto insurance rates.

Learn about insurance coverages for a Chevy Lumina

Knowing the specifics of a insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverage types found on most insurance policies.

Collision protection

This coverage covers damage to your Lumina caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like colliding with another moving vehicle, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your Chevy Lumina.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Most of the time these coverages are set the same as your liablity limits.

Liability car insurance

Liability coverage provides protection from damage that occurs to other’s property or people. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as structural damage, attorney fees, emergency aid and pain and suffering. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Comprehensive insurance

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like vandalism, a tree branch falling on your vehicle and hail damage. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for expenses such as chiropractic care, rehabilitation expenses, dental work and nursing services. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Shop Smart and Save

Cost effective 1999 Chevy Lumina insurance is attainable both online and from local insurance agents, and you should compare price quotes from both to have the best rate selection. There are still a few companies who don’t offer online rate quotes and most of the time these smaller companies work with local independent agents.

In this article, we covered many ideas to save on 1999 Chevy Lumina insurance. The most important thing to understand is the more you quote auto insurance, the higher your chance of finding cheaper auto insurance. You may even discover the lowest priced insurance coverage comes from a smaller regional carrier. Some small companies may have significantly lower car insurance rates on certain market segments as compared to the big name companies such as Allstate and Progressive.

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