Save on 1994 Chevrolet Lumina Car Insurance Quotes

Scraping up a payment for overpriced Chevrolet Lumina insurance can take a big chunk out of your savings account and force you to make sacrifices. Comparing price quotes is free and is an excellent way to lower your monthly bill. Drivers have so many car insurance companies to purchase coverage from, and though it is a good thing to have a choice, it can be more difficult to get the best deal.

How to Compare Auto Insurance Quotes

Lowering your 1994 Chevy Lumina auto insurance rates is actually quite simple. The only requirement is to spend a little time comparing price quotes provided by online insurance companies. This is very easy and can be done in a couple of different ways.

  1. The single most time-saving way to find low rates is an all-inclusive rate comparison (click to open form in new window). This method saves time by eliminating repetitive form entry for every auto insurance company. A single, simple form will return quotes from many national carriers.
  2. Another way to find lower rates requires a visit to each company’s website and fill out their own quote form. For example, we’ll pretend you want to compare Farmers, Allstate and Liberty Mutual. You would have to spend time on each company’s site and enter your information, which is why the first method is quicker.

    To view a list of companies in your area, click here.

It’s up to you how you get prices quotes, just double check that you are using apples-to-apples coverages and limits with each company. If you use different deductibles it’s not possible to make a fair comparison for your Chevy Lumina.

Lower rates by qualifying for discounts

Car insurance companies don’t list every discount very well, so we took the time to find both well-publicized and the more hidden discounts you could be receiving. If you don’t get every credit you deserve, you’re paying more than you need to.

  • Multiple Cars – Buying insurance for all your vehicles with the same company may reduce the rate for each vehicle.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
  • Early Signing – Some companies give discounts for buying a policy before your current expiration date. This can save 10% or more.
  • Drive Safe and Save – Insureds without accidents may save up to 50% more on Lumina insurance than less cautious drivers.
  • No Claims – Claim-free drivers pay much less when compared with drivers who are more careless.
  • Federal Government Employee – Active or retired federal employment could cut as much as 10% off on Lumina insurance depending on your company.

It’s important to note that some of the credits will not apply to all coverage premiums. Most only cut individual premiums such as liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, you’re out of luck.

To see a list of providers with the best auto insurance discounts, click this link.

Factors that can influence insurance rates for a Chevy Lumina

It’s important that you understand the different types of things that go into determining your auto insurance rates. Understanding what determines base rates helps enable you to make changes that will entitle you to better auto insurance rates.

Listed below are a few of the “ingredients” that factor into prices.

  • No coverage gaps is important – Allowing your coverage to lapse will be a guaranteed way to pay more for auto insurance. Not only will rates go up, but being ticketed for driving with no insurance can result in a revoked license or a big fine.
  • Car features impact rates – Purchasing a vehicle that has an advanced theft prevention system can help bring down rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your vehicle from being stolen.
  • Pay less if you’re married – Getting married can actually save you money when buying auto insurance. Having a spouse usually means you are more mature and statistics show being married results in fewer claims.
  • Clean credit earns discounts – Credit score is a big factor in your rate calculation. Drivers with high credit ratings tend to file fewer claims and have better driving records than drivers who have lower credit scores. If your credit history is low, you could potentially save money when insuring your 1994 Chevrolet Lumina by repairing your credit.

Car insurance is unique, just like you

When choosing adequate coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs so this has to be addressed. Here are some questions about coverages that might point out whether or not you may require specific advice.

  • Should I rate my 1994 Chevy Lumina as pleasure use or commute?
  • Is my dog or cat covered if injured in an accident?
  • Why do I need rental car insurance?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • I have health insurance so do I need medical payments coverage?
  • Is pleasure use cheaper than using my 1994 Chevy Lumina to commute?
  • How much liability insurance is required?
  • Does my car insurance cover rental cars?
  • Am I covered if I hit my neighbor’s mailbox?
  • Does my insurance cover my expensive audio equipment?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance ads bend the truth

Drivers can’t get away from ads for cheaper car insurance from companies such as Progressive, Geico, Allstate and State Farm. They all say the same thing that you’ll save big if you move your policy.

But how can every company say the same thing?

Insurance companies are able to cherry pick for the right customer that is profitable for them. An example of a desirable insured might be profiled as between the ages of 30 and 50, has no prior claims, and chooses high deductibles. A customer getting a price quote who meets those qualifications will get the preferred rates and most likely will cut their rates substantially.

Potential insureds who don’t qualify for the “perfect” profile will be quoted higher prices and ends up with business going elsewhere. The ads say “drivers who switch” not “everyone that quotes” save that kind of money. That’s why insurance companies can confidently claim big savings. This emphasizes why it’s extremely important to quote coverage with many companies. Because you never know the company that will provide you with the cheapest Chevy Lumina insurance rates.

Detailed coverages of your car insurance policy

Understanding the coverages of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find the normal coverages found on the average car insurance policy.

Liability – Liability insurance provides protection from damage that occurs to other people or property. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that means you have a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability insurance covers things like medical services, loss of income, repair costs for stationary objects, repair bills for other people’s vehicles and emergency aid. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive auto coverage – Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as falling objects, vandalism, a broken windshield, a tree branch falling on your vehicle and damage from flooding. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for bills for things like doctor visits, dental work, surgery and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Chevy Lumina.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Collision coverage – This will pay to fix damage to your Lumina caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like driving through your garage door, colliding with another moving vehicle, sustaining damage from a pot hole and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. You can also raise the deductible to save money on collision insurance.

Be a penny pincher

In this article, we presented some good ideas how you can compare 1994 Chevy Lumina insurance prices online. It’s most important to understand that the more providers you compare, the better your comparison will be. You may even find the lowest rates come from a small local company. Regional companies may have significantly lower rates on certain market segments than the large multi-state companies such as Progressive or Geico.

When shopping online for car insurance, do not reduce needed coverages to save money. In many instances, an accident victim reduced full coverage only to find out that the few dollars in savings costed them thousands. Your goal should be to get the best coverage possible for the lowest price.

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