Searching for cheaper auto insurance rates for your Chevrolet Chevy Van? Finding and buying car insurance is not really something drivers like to do, but your state requires it in order to satisfy compulsory insurance requirements.
It’s smart to compare prices yearly since rates are rarely the same from one policy term to another. Just because you found the best rates for Chevy van coverage a few years ago there is a good chance you can find better rates now. So just ignore everything you know about auto insurance because you’re about to learn the things you must know in order to save money, get proper coverage and the best rates.
Consumers need to have an understanding of the rating factors that go into determining the rates you pay for auto insurance. When you know what positively or negatively determines base rates enables informed choices that could result in much lower annual insurance costs.
Insuring your fleet can be pricey, buy you may qualify for discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you purchase, but less common discounts must be asked about before being credited.
Drivers should understand that most credits do not apply to the entire cost. Most only cut the price of certain insurance coverages like collision or personal injury protection. Just because it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way. But any discount will reduce the cost of coverage.
To see a list of insurance companies offering insurance coverage discounts, click here to view.
When choosing the best car insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique.
For example, these questions may help highlight whether your personal situation would benefit from professional advice.
If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form.
Understanding the coverages of a auto insurance policy helps when choosing the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.
Collision – This coverage covers damage to your Chevy Van caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers things such as hitting a parking meter, hitting a mailbox, rolling your car, backing into a parked car and colliding with a tree. This coverage can be expensive, so consider removing coverage from older vehicles. You can also bump up the deductible to save money on collision insurance.
Comprehensive or Other Than Collision – This covers 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 can pay for claims such as hail damage, rock chips in glass, hitting a deer, theft and damage from flooding. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Liability coverages – Liability insurance protects you from damage or injury you incur to other people or property by causing an accident. This insurance protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: 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 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000. Another option is one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.
Liability insurance covers claims like attorney fees, repair bills for other people’s vehicles, loss of income, repair costs for stationary objects and legal defense fees. How much coverage you buy is a personal decision, but consider buying as much as you can afford.
UM/UIM Coverage – Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Chevy Chevy Van.
Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea. Most of the time these limits are similar to your liability insurance amounts.
Medical costs insurance – Medical payments and Personal Injury Protection insurance kick in for bills for things like rehabilitation expenses, EMT expenses and surgery. They are often utilized in addition to 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 any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
As you prepare to switch companies, don’t be tempted to skimp on critical coverages to save a buck or two. There are a lot of situations where an accident victim reduced full coverage only to discover later that a couple dollars of savings turned into a financial nightmare. The aim is to buy the best coverage you can find at a price you can afford, not the least amount of coverage.
Drivers who switch companies do it for a number of reasons such as unfair underwriting practices, delays in paying claims, policy cancellation and even not issuing a premium refund. Regardless of your reason for switching companies, finding a great new company is not as hard as you think.
Lower-priced 1998 Chevy Chevy Van insurance is possible both online and also from your neighborhood agents, and you need to comparison shop both to have the best selection. A few companies may not provide online quoting and most of the time these regional insurance providers sell through independent agents.
More detailed insurance information can be found in the articles below: