Compare 1995 Chevrolet Lumina Minivan Insurance Quotes

Looking for the cheapest car insurance rates for your Chevrolet Lumina Minivan? Finding affordable car insurance is nearly impossible for beginners to shopping for insurance online. Drivers have so many companies to choose from that it can easily become a challenge to find lower rates.

If you are paying for car insurance now, you should be able to cut costs considerably using this strategy. Locating cheaper coverage can be fairly easy. But vehicle owners must learn the way insurance companies price insurance differently because it can help you find the best coverage.

Factors that can influence insurance rates for a Chevy Lumina Minivan

It’s important that you understand the different types of things that come into play when calculating the rates you pay for insurance. Having a good understanding of what influences your rates allows you to make educated decisions that can help you get big savings.

  • Do you have enough liability coverage? – Your policy’s liability coverage is the coverage that protects you if ever a jury decides you are liable for damages from an accident. It will provide for a legal defense which can cost thousands of dollars. This coverage is very inexpensive as compared to coverage for physical damage, so do not skimp.
  • Your insurance rates can be influenced by your job – Occupations such as lawyers, business owners and accountants are shown to have higher rates than average because of stressful work requirements and lengthy work days. On the flip side, jobs such as actors, athletes and the unemployed pay the least for Lumina Minivan insurance.
  • Discounts for multiple policies – Most insurers give discounts to policyholders who carry more than one policy. It’s known as a multi-policy discount. This can amount to five, ten or even twenty percent. If you currently are using one company, it’s in your best interest to comparison shop to confirm you are receiving the best rates possible. You may still be able to find a better deal by buying insurance from a different company.
  • More miles equals more premium – The more you drive in a year the higher your rate. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Cars that are left in the garage receive lower rates than those used for commuting. Verify your insurance policy properly reflects the correct driver usage, because improper ratings can cost you money. If your policy improperly rates your Lumina Minivan can cost quite a bit.
  • More people means more accidents – Residing in less populated areas can be a good thing when it comes to insurance. City drivers tend to have much more traffic and longer commute times. Fewer people means fewer accidents and also fewer theft and vandalism claims.
  • High credit ratings translate to low rates – Having a bad credit score is a huge factor in determining your rates. Drivers who have excellent credit tend to be better drivers and file fewer claims than those with lower credit scores. So if your credit rating is low, you could save money insuring your 1995 Chevrolet Lumina Minivan by repairing your credit.
  • Your age impacts your rates – Youthful drivers are known to be careless and easily distracted when driving so they pay higher insurance rates. Having to add a young driver to your policy can be very expensive. More mature drivers are more cautious drivers, statistically cause fewer accidents and get fewer tickets.
  • Drive a safer car and pay less – Safer cars tend to have better insurance rates. These vehicles have better occupant injury protection and better occupant protection translates into fewer and smaller insurance claims and thus lower rates. If the Chevy Lumina Minivan earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.

Discounts mean cheaper 1995 Chevy Lumina Minivan insurance rates

Auto insurance companies don’t always advertise every discount very clearly, so we took the time to find both well-publicized as well as the least known insurance coverage savings.

  • Life Insurance Discount – Companies who offer life insurance give better rates if you take out life insurance.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you can actually save on your bill.
  • Accident Forgiveness – A handful of insurance companies will allow you to have one accident before raising your premiums so long as you haven’t had any claims for a certain period of time.
  • Claim Free – Drivers with accident-free driving histories pay much less when compared to frequent claim filers.
  • Military Discounts – Being on active duty in the military can result in better rates.
  • Multi-car Discount – Having more than one vehicle on one policy could earn a price break for each car.
  • Defensive Driver – Taking a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Drive Less and Save – Low mileage vehicles could be rewarded with lower rates on the low mileage vehicles.
  • Bundle and Save – When you have multiple policies with one insurance company you may save up to 20% off your total premium.
  • E-sign – A handful of insurance companies will give a small break just for signing your application digitally online.

Keep in mind that some of the credits will not apply to the entire policy premium. Most only reduce specific coverage prices like medical payments or collision. So despite the fact that it appears having all the discounts means you get insurance for free, companies wouldn’t make money that way.

Insurance companies that may offer 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.

Tailor your coverage to you

When choosing the best insurance coverage coverage, there really is not a one size fits all plan. Every insured’s situation is different.

For instance, these questions may help you determine if your situation might need professional guidance.

  • Should I get collision insurance on every vehicle?
  • Are split liability limits better than a combined single limit?
  • Am I covered when driving a rental car?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I need motorclub coverage?
  • Am I covered if I crash into my own garage door?
  • What vehicles should carry emergency assistance coverage?

If you can’t answer these questions, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form.

Detailed coverages of your auto insurance policy

Learning about specific coverages of a auto insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Comprehensive auto coverage

This pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like theft, a tree branch falling on your vehicle, hitting a deer, falling objects and a broken windshield. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision protection

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like hitting a parking meter, hitting a mailbox, backing into a parked car and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also increase the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Coverage for liability

Liability insurance protects you from damage that occurs to a person or their property in an accident. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability insurance covers things like funeral expenses, emergency aid, bail bonds, court costs and medical services. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like ambulance fees, prosthetic devices, rehabilitation expenses and surgery. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Have the Midas touch

You just learned some good ideas how you can save on 1995 Chevy Lumina Minivan insurance. The key thing to remember is the more times you quote, the higher the chance of saving money. You may even discover the lowest premiums are with the smaller companies.

As you go through the steps to switch your coverage, never buy less coverage just to save a little money. In many cases, an accident victim reduced liability coverage limits only to regret at claim time they didn’t purchase enough coverage. The ultimate goal is to purchase plenty of coverage at the best price.

Lower-priced insurance is attainable on the web and also from your neighborhood agents, so you should compare both to have the best chance of lowering rates. Some insurance providers may not provide online price quotes and most of the time these regional insurance providers sell through independent agents.

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