How Much Does 2000 Chevrolet Lumina Car Insurance Cost?

Looking for cheaper insurance coverage rates for your Chevrolet Lumina? Drivers fed up with high insurance prices and are new to comparison shopping online may find buying the cheapest auto insurance is more work than they anticipated.

Finding the best rates is quite easy. If you currently have car insurance, you stand a good chance to be able to cut costs considerably using these tips. But vehicle owners do need to know the way insurance companies price online insurance and take advantage of how the system works.

How to compare free insurance quotes

To find the best insurance prices, there are several ways to compare prices from companies that offer insurance in your state. The easiest way to do a complete rate comparison involves getting comparison quotes online. This can be done by using one of the methods below.

  1. The best way to get quotes for comparison is to use a rate comparison form (click to open form in new window). This form eliminates the need for separate forms for every company. A single form gets coverage cost estimates from many national carriers. This is perfect if you don’t have a lot of time.
  2. A different way to analyze rates requires a trip to each individual company website to complete their respective quote request forms. For sake of this example, we’ll pretend you want to see prices from Auto-Owners, Esurance and State Farm. To find out each rate you need to spend time going to each site individually and type in your information over and over, which explains why we recommend starting with the first method.

    For a list of companies in your area, click here.

However you get your quotes, make sure you compare equivalent quote data for each comparison quote. If you compare different coverage information you can’t possibly determine the best price for your Chevy Lumina. Having just a slight variation in insurance coverages may result in large price differences. And when comparison shopping, comparing all the rates in your area helps locate more affordable rates. Some smaller insurers to not give online quotes, so it’s important to compare prices from them as well.

Drivers who switch save $394 a year? Really?

Popular auto insurance providers such as 21st Century, Allstate and State Farm endlessly run ads on television and other media. All the ads make the point of big savings if you switch your coverage to them. Is it even possible that every company can save you money? This is how they do it.

Companies are able to cherry pick for the driver that will generate a profit. For instance, a profitable risk profile might be described as between the ages of 30 and 45, owns a home, and drives a car with an anti-theft system. Anyone that matches those criteria gets the lowest prices and is almost guaranteed to save when they switch companies.

People who cannot meet these criteria will get higher premiums and ends up with the customer not purchasing. If you pay attention, the ads say “drivers that switch” not “everyone who quotes” can get the lowest rates when switching. This is how insurance companies can confidently make those statements. Each company has different criteria, so you really should get a wide range of price quotes. It’s not possible to predict which insurance companies will provide the lowest prices.

Don’t miss with these discounts

Auto insurance companies do not advertise every disount available in a way that’s easy to find, so the following list contains a few of the more common as well as some of the hidden discounts that you can inquire about if you buy auto insurance online.

  • Good Student – Maintaining excellent grades could provide a savings of up to 20% or more. Most companies allow this discount well after school through age 25.
  • Pay Early and Save – By paying your policy upfront rather than paying in monthly installments you can avoid the installment charge.
  • Sign Online – A handful of insurance companies will give you a small discount simply for signing online.
  • Telematics Data Discounts – People who choose to allow their company to spy on their driving habits through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease as long as they are good drivers.
  • Switch and Save Discount – A few insurance coverage companies offer discounts for signing up before your current policy expires. This can save 10% or more.
  • ABS Brakes – Vehicles with ABS braking systems or traction control prevent accidents so companies give up to a 10% discount.
  • Driver’s Ed – Teen drivers should enroll and complete driver’s education in high school.
  • Professional Memberships – Being in certain professional organizations can get you a small discount on your policy.

Keep in mind that some credits don’t apply to the entire cost. Most cut specific coverage prices like liability, collision or medical payments. So when the math indicates you can get free auto insurance, companies don’t profit that way. But all discounts should help reduce your policy premiums.

Larger insurance coverage companies and a selection of discounts include:

  • Travelers discounts include driver training, hybrid/electric vehicle, payment discounts, multi-policy, and good student.
  • 21st Century offers premium reductions for teen driver, early bird, air bags, automatic seat belts, theft prevention, and 55 and older.
  • State Farm has savings for safe vehicle, passive restraint, Drive Safe & Save, good driver, accident-free, defensive driving training, and multiple policy.
  • Geico includes discounts for daytime running lights, anti-theft, emergency military deployment, military active duty, five-year accident-free, and multi-policy.
  • SAFECO may offer discounts for bundle discounts, drive less, teen safety rewards, multi-car, accident prevention training, and safe driver.
  • AAA may include discounts for good student, education and occupation, AAA membership discount, pay-in-full, and multi-car.

When getting a coverage quote, ask each company or agent the best way to save money. Some discounts listed above might not apply everywhere.

Your situation helps dictate your coverage

When buying proper insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Each situation is unique.

For example, these questions may help highlight if your situation might need professional guidance.

  • Is my dog or cat covered if injured in an accident?
  • Is my camper covered by my car insurance policy?
  • How do I buy GAP insurance?
  • Can I still get insurance after a DUI?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • How much liability do I need to cover my assets?
  • Do I have coverage for damage caused while driving under the influence?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form.

Auto insurance 101

Understanding the coverages of your car insurance policy aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for expenses such as prosthetic devices, rehabilitation expenses, dental work, chiropractic care and doctor visits. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like fire damage, hail damage and damage from getting keyed. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage

This coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as damage to your Chevy Lumina.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Auto collision coverage

This pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as sideswiping another vehicle, crashing into a building, driving through your garage door, scraping a guard rail and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Liability coverage

Liability insurance will cover injuries or damage you cause to other people or property in an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims like court costs, pain and suffering, loss of income, repair costs for stationary objects and structural damage. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Cheaper insurance is a realistic goal

More affordable car insurance can be sourced from both online companies and from local agencies, so get free auto insurance quotes from both of them to have the best chance of lowering rates. Some companies do not provide online quoting and usually these regional insurance providers only sell coverage through independent agents.

We covered a lot of ways to get a better price on 2000 Chevy Lumina insurance. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding cheaper auto insurance. You may even discover the most savings is with a small mutual company.

People who switch companies do it for a variety of reasons including questionable increases in premium, high prices, being labeled a high risk driver or an unsatisfactory settlement offer. Regardless of your reason for switching companies, finding a new car insurance company can be easy and end up saving you some money.

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