1993 Chevrolet Lumina Insurance Rates – 7 Ideas for Cheapest Quotes

Looking for the cheapest auto insurance rates for your Chevrolet Lumina? Tired of being strong-armed to insure your Chevy every month? You are in the same boat as many other drivers.

Because there are so many choices, it can be diffult for consumers to pick the most cost effective company.

Buying car insurance is not that difficult. If you have car insurance now, you should be able to cut costs considerably using this information. Although car owners do need to understand the methods companies use to price insurance differently and take advantage of how the system works.

How to Compare Insurance Coverage

There are several ways to shop for Chevy Lumina insurance coverage, but some are easier and takes less work. You can waste hours talking to agents in your area, or you could use the internet to maximize your effort.

Most of the larger companies take part in a program where insurance shoppers submit their information once, and each company can give them a price. This eliminates the need for quote requests to each individual insurance coverage company. To use this form to compare 1993 Chevy Lumina insurance rates click here to start a free quote.

The only drawback to doing it this way is buyers cannot specifically choose which carriers you want to price. If you would rather choose from a list of companies to compare rates, we have a listing of companies who write insurance coverage in your area. Click here for list of insurance companies.

It’s up to you how you get prices quotes, just compare the exact same coverage limits and deductibles for each comparison quote. If you have mixed coverages it’s not possible to determine the best price for your Chevy Lumina. Having just a slight variation in limits may cause a big price difference. It’s important to know that obtaining a wide range of quotes gives you a better chance of getting a lower rate.

Don’t miss out on these seven money-saving discounts

Companies do not list all their discounts in a way that’s easy to find, so we took the time to find some of the more common and the more hidden insurance savings.

  • New Vehicle Savings – Buying coverage on a new vehicle can cost up to 25% less since new cars are generally safer.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle their seat belts could cut 10% or more off your medical payments premium.
  • One Accident Forgiven – Some insurance companies will allow you to have one accident without raising rates as long as you don’t have any claims for a certain period of time.
  • Memberships – Being a member of certain professional organizations is a good way to get lower rates on insurance for Lumina coverage.
  • Anti-theft System – Cars that have factory anti-theft systems are stolen less frequently and will save you 10% or more.
  • Good Student – Getting good grades can be rewarded with saving of up to 25%. The discount lasts up to age 25.
  • Auto/Life Discount – Select insurance companies reward you with better rates if you take out auto and life insurance together.

Drivers should understand that most discounts do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, insurance companies aren’t that generous.

Car insurance companies that may have these benefits may include but are not limited to:

Check with each insurance company what discounts are available to you. Discounts might not apply in your area.

Do I need special coverages?

When buying coverage, there really is no perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that could help you determine if your situation might need an agent’s assistance.

  • How much underlying liability do I need for an umbrella policy?
  • How many claims can I have before being cancelled?
  • Am I covered if I crash into my own garage door?
  • Do I have coverage when making deliveries for my home business?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • What exactly is covered by my policy?
  • Should I buy only the required minimum liability coverage?
  • Is my trailer covered?

If it’s difficult to answer those questions, you might consider talking to an agent. To find an agent in your area, complete this form or click here for a list of insurance companies in your area.

The insurance coverage bait and switch

State Farm, Geico and Progressive constantly bombard you with ads on TV and radio. All the companies have a common claim of big savings if you switch to their company. How do they all say the same thing? It’s all in the numbers.

Insurance companies are able to cherry pick for the type of customer that is profitable for them. For example, a profitable customer might be between 25 and 40, a clean driving record, and has a short commute. A propective insured who fits that profile will get very good rates and is almost guaranteed to pay quite a bit less when switching companies.

Potential insureds who fall outside these standards will have to pay higher prices which usually ends up with the driver buying from a lower-cost company. The ads state “people who switch” not “everyone that quotes” save that much money. That’s why insurance companies can make the claims of big savings. Because of the profiling, you need to get as many quotes as possible. It’s not possible to predict which insurance coverage company will fit your personal profile best.

Insurance coverage basics

Understanding the coverages of your policy can be of help when determining the right coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and reading a policy is terribly boring. These are the normal coverages found on most insurance policies.

Collision insurance

This pays for damage to your Lumina resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as rolling your car, sideswiping another vehicle, hitting a mailbox and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Liability car insurance

This coverage will cover damages or injuries you inflict on a person or their property that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability insurance covers things such as loss of income, bail bonds, structural damage and pain and suffering. How much liability should you purchase? That is up to you, but you should buy as large an amount as possible.

Comprehensive coverage

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as hitting a bird, damage from a tornado or hurricane, falling objects and vandalism. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical payments coverage and PIP

Med pay and PIP coverage pay for short-term medical expenses for things like EMT expenses, funeral costs, ambulance fees, dental work and prosthetic devices. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and may carry a deductible

Be a Smart Shopper

When buying insurance coverage, never buy lower coverage limits just to save a few bucks. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

We just covered some good ideas how to shop for 1993 Chevy Lumina insurance online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the most savings is with the smaller companies. These companies may have significantly lower rates on certain market segments as compared to the big name companies such as State Farm and Allstate.

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