1994 Chevrolet Camaro Car Insurance Rates – 7 Tips for Best Quotes

Searching for lower insurance rates for your Chevrolet Camaro? Are you overwhelmed by the dozens of insurance choices? Many other drivers are as well. People have so many choices that it can quickly become a big hassle to find the perfect company for you.

It is always a good idea to check insurance prices on a regular basis due to the fact that insurance rates change regularly. Just because you found the best deal for Camaro coverage a couple years back there may be better deals available now. Block out anything you think you know about insurance because we’re going to demonstrate the right way to find better coverage at a better price.

If you have car insurance now, you stand a good chance to be able to save some money using these techniques. Finding more affordable coverage is simple if you know the tricks. Although drivers do need to know how companies price online insurance.

Discounts mean cheaper Chevy Camaro insurance rates

The cost of insuring your cars can be expensive, but there are discounts available to help offset the cost. Certain discounts will be triggered automatically when you complete an application, but a few must be specifically requested prior to receiving the credit.

  • More Vehicles More Savings – Having multiple cars or trucks on one policy could earn a price break for each car.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control can avoid accidents and earn discounts up to 10%.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same insurance company you will save approximately 10% to 15%.
  • Early Signing – A few companies offer discounts for signing up prior to your current policy expiring. This can save 10% or more.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to complete a driver education course in high school.
  • Homeowners Savings – Being a homeowner can save you money due to the fact that maintaining a home requires personal responsibility.
  • Federal Employees – Simply working for the federal government can save as much as 8% for Camaro coverage with select insurance companies.

A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. Some only apply to specific coverage prices like physical damage coverage or medical payments. So when the math indicates it’s possible to get free car insurance, you won’t be that lucky. But all discounts will bring down the amount you have to pay.

Insurance companies who might offer these money-saving discounts include:

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Savings may not be available everywhere.

Is there truth in advertising?

Car insurance providers like State Farm, Geico and Progressive regularly use ads on TV and radio. They all have a common claim about savings if you move your coverage to them. How does each company make the same claim? It’s all in the numbers.

Insurance companies have a certain “appetite” for the driver that earns them a profit. An example of a profitable customer could possibly be between the ages of 40 and 55, insures multiple vehicles, and drives newer vehicles. A driver that hits that “sweet spot” will get the preferred rates and therefore will save when switching.

Potential insureds who don’t meet these standards will be charged higher premiums which usually ends up with the customer not buying. The ads state “drivers who switch” not “everybody who quotes” save money. That’s why insurance companies can make those claims.

That is why drivers must get as many quotes as possible. It’s impossible to know which company will provide you with the cheapest Chevy Camaro insurance rates.

Tailor your coverage to you

When it comes to buying the right insurance coverage, there isn’t really a best way to insure your cars. Everyone’s situation is unique.

For instance, these questions might help in determining if you could use an agent’s help.

  • How much liability insurance is required?
  • Do I benefit by insuring my home with the same company?
  • What is roadside assistance coverage?
  • Is pleasure use cheaper than using my 1994 Chevy Camaro to commute?
  • Is my teen driver covered when they drive my company car?
  • Should I carry comprehensive and collision coverage?
  • Does my policy pay for OEM or aftermarket parts?
  • What exactly is covered by my policy?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Do I need higher collision deductibles?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, take a second and complete this form.

Specifics of your auto insurance policy

Understanding the coverages of your auto insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Collision coverage

Collision coverage will pay to fix damage to your Camaro resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things like sustaining damage from a pot hole, hitting a mailbox and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to bump up the deductible to bring the cost down.

Comprehensive coverages

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as vandalism, hitting a deer and hail damage. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured and underinsured coverage

Your UM/UIM coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your 1994 Chevy Camaro.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time these coverages are similar to your liability insurance amounts.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like nursing services, EMT expenses, X-ray expenses, surgery and rehabilitation expenses. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Liability coverage

Liability coverage provides protection from damages or injuries you inflict on other people or property that is your fault. 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 which stand for 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. Alternatively, you may have a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as pain and suffering, medical expenses and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but buy higher limits if possible.

The bottom line

We just presented a lot of ways to lower your 1994 Chevy Camaro insurance rates. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. You may even find the lowest premiums are with the least-expected company.

Low-cost insurance is possible on the web as well as from independent agents, so you should compare both to have the best selection. Some insurance providers don’t offer online price quotes and these small insurance companies work with independent agents.

Consumers change insurance companies for many reasons like being labeled a high risk driver, extreme rates for teen drivers, delays in paying claims or even denial of a claim. Whatever your reason, finding a new company can be less work than you think.

To learn more, link through to the resources below: