View 1993 Chevrolet Camaro Insurance Cost

Nobody I know looks forward to buying auto insurance, particularly when their premiums are through the roof.

Drivers have so many auto insurance companies to insure vehicles with, and although it’s nice to be able to choose, too many choices makes it more difficult to compare rates and cut insurance costs.

It’s important to compare prices periodically because prices tend to go up over time. Just because you had the lowest price for Camaro coverage two years ago a different company probably has better rates today. There is a lot of bad advice regarding auto insurance online, so with this article, you’re going to get some proven techniques to find cheap auto insurance.

More discounts equal less premium

Insurance can be prohibitively expensive, but there could be available discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you complete an application, but a few must be requested specifically prior to receiving the credit.

  • Military Rewards – Having a family member in the military could mean lower rates.
  • Bundle and Save – When you have multiple policies with the same insurance company you will save up to 20% off your total premium.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles are safer to drive and therefore earn up to a 10% discount.
  • Seat Belts Save – Drivers who require all occupants to buckle their seat belts could save 15% off the personal injury premium cost.
  • One Accident Forgiven – Some insurance companies permit an accident before raising your premiums as long as you don’t have any claims for a set time period.
  • Multiple Vehicles – Having multiple vehicles with the same company qualifies for this discount.
  • Sign Early and Save – A few companies offer discounts for switching to them prior to your current policy expiration. It can save you around 10%.

As a disclaimer on discounts, some credits don’t apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as comp or med pay. So despite the fact that it appears all those discounts means the company will pay you, it just doesn’t work that way. But any discount will bring down the cost of coverage.

A partial list of companies that possibly offer these discounts may include but are not limited to:

Check with all companies you are considering what discounts are available to you. Some discounts may not apply in your state.

It’s not one size fits all

When it comes to choosing proper insurance coverage for your vehicles, there really is no “perfect” insurance plan. Everyone’s situation is a little different so this has to be addressed. These are some specific questions may help you determine if you would benefit from an agent’s advice.

  • When should I drop full coverage on my 1993 Chevy Camaro?
  • Are there companies who specialize in insuring high-risk drivers?
  • Can I still get insurance after a DUI?
  • I don’t drive much so do I pay less?
  • How do I insure my teen driver?
  • If my 1993 Chevy Camaro is totaled, can I afford another vehicle?
  • What are the best liability limits?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Insurance coverage myths debunked

Companies like Progressive, GEICO, Allstate and State Farm constantly bombard you with ads on TV and radio. All the ads make an identical promise of big savings if you switch your policy. How does each company make almost identical claims? It’s all in the numbers.

Different companies are able to cherry pick for the type of driver that earns them a profit. For example, a preferred risk could possibly be between the ages of 30 and 50, has no driving citations, and has excellent credit. A driver who fits that profile will get the preferred rates and therefore will save when they switch companies.

Potential insureds who do not match this ideal profile will have to pay a more expensive rate and this can result in the driver buying from a lower-cost company. The ads say “people who switch” but not “drivers who get quotes” save that much. That’s why companies can truthfully advertise the savings.

Because of the profiling, drivers should get as many comparisons as possible. It is impossible to predict which insurance companies will fit your personal profile best.

Auto insurance coverage breakdown

Knowing the specifics of your auto insurance policy can help you determine which coverages you need for your vehicles. Policy terminology can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages available from auto insurance companies.

Medical expense coverage

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like doctor visits, funeral costs, rehabilitation expenses and hospital visits. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Comprehensive protection

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as falling objects, rock chips in glass, hail damage and fire damage. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability insurance

This can cover damage or injury you incur to other people or property in an accident. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims like structural damage, court costs, pain and suffering, legal defense fees and repair costs for stationary objects. How much liability should you purchase? That is your choice, but buy as high a limit as you can afford.

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Chevy Camaro.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Collision coverage

Collision coverage pays for damage to your Camaro from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like rolling your car, sustaining damage from a pot hole, scraping a guard rail, damaging your car on a curb and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also raise the deductible to save money on collision insurance.

Do the work, save more money

Cost effective 1993 Chevy Camaro insurance is possible online in addition to many insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide you the ability to get quotes online and these smaller companies work with independent agents.

As you restructure your insurance plan, it’s not a good idea to sacrifice coverage to reduce premiums. There are many occasions where someone dropped physical damage coverage and found out when filing a claim that the few dollars in savings costed them thousands. Your strategy should be to purchase a proper amount of coverage at a price you can afford.

In this article, we covered a lot of techniques to compare insurance prices online. The most important thing to understand is the more quotes you get, the better likelihood of reducing your rate. You may be surprised to find that the best price on insurance is with a company that doesn’t do a lot of advertising. These smaller insurers can often provide lower rates in certain areas compared to the large companies like State Farm and Allstate.

To learn more, link through to the articles below: