1990 Chevrolet Lumina Insurance Rates – 10 Tips for Cheaper Quotes

Trying to find lower car insurance rates for your Chevrolet Lumina? Pretty sure you bought an underperforming, overpriced car insurance policy? You’re preaching to the choir because there are many drivers thinking the same thing.

Many auto insurance companies compete to insure your vehicles, so it can be very hard to choose a provider to get the lowest rate

It’s a great practice to get comparison quotes once or twice a year since insurance prices fluctuate regularly. If you had the lowest rates on Lumina insurance at your last renewal you may be paying too much now. Forget all the misinformation about car insurance because it’s time to teach you one of the quickest ways to properly buy coverages and cut your premium.

If you are paying for car insurance now, you will most likely be able to cut costs considerably using these methods. Choosing the best insurance company for you is not rocket science. Nevertheless, car owners must comprehend the way companies market on the web.

Save a ton by getting these ten discounts

Properly insuring your vehicles can get expensive, but you may find discounts that could help you make your next renewal payment. Many discounts should be triggered at the time of quoting, but less common discounts must be requested specifically before being credited.

• Discount for Life Insurance – Larger companies have a discounted car insurance rate on car insurance if you buy life insurance from them.
• Homeowners Discount – Owning your own home or condo can earn you a little savings because owning a home is proof that your finances are in order.
• Discount for Low Mileage – Low annual miles could earn lower car insurancerates due to less chance of an accident.
• Save with More Vehicles Insured – Buying coverage for multiple vehicles on the same car insurance policy can reduce the rates for all insured vehicles.
• First Accident Forgiveness – This isn’t a discount exactly, but some companies like Geico, State Farm, and Progressive may permit one accident without the usual rate increase if you have no claims prior to being involved in the accident.
• New Car Discount – Putting car insurance coverage on a new car can be considerably cheaper compared to insuring an older model.
• Theft Deterent System – Cars and trucks that have factory anti-theft systems are stolen less frequently and earn discounts up to 10% off your insurance coverage quote.
• Discount for Multiple Policies – If you combine your auto and homeowners policies with one insurance company you could earn a discount of approximately 10% to 15%.
• Driver’s Ed – Cut your cost by having your teen driver take driver’s ed class as it will make them better drivers and lower rates.
• Discount for Swiching Early – Select insurance companies give a discount for switching to them early. Ten percent is about the average savings.

Drivers should understand that most discount credits are not given to all coverage premiums. Some only reduce individual premiums such as collision or personal injury protection. Even though it may seem like having all the discounts means you get insurance for free, it just doesn’t work that way. But all discounts should help lower the amount you pay for coverage.

Companies and the discounts they provide are shown below.

• American Family has savings for good driver, mySafetyValet, accident-free, bundled insurance, and defensive driver.
• Nationwide may have discounts that include multi-policy, business or organization, family plan, easy pay, defensive driving, and anti-theft.
• MetLife may include discounts for defensive driver, good student, claim-free, good driver, and multi-policy.
• 21st Century may offer discounts for 55 and older, early bird, air bags, student driver, and driver training.
• Farmers Insurance offers discounts for switch companies, electronic funds transfer, alternative fuel, teen driver, good student, and mature driver.
• Allstate offers discounts including new car, eSmart discount, anti-lock brakes, economy car, and premier plus.

When getting a coverage quote, ask every insurance company what discounts are available to you. Savings might not be offered in every state. To see a list of providers that offer discounts, click here.

Compare quotes for insurance

To find the best insurance rates, there are several ways to compare prices from different insurance companies. The best way to lower the rate you pay for 1990 Chevy Lumina insurance consists of obtaining rate quotes online. This can be accomplished using a couple different methods.

1. The most efficient method to find low rates would be an industry-wide quote request form click here to open form in new window. This quick form eliminates the need for repetitive form entry for each company. One quote request gets insurance cost estimates from many national carriers.
2. A harder way to find lower rates requires you to visit each individual company website and go through the quote process again. For sake of this example, let’s say you want rates from Farmers, Progressive and Travelers. To do that, you would have to go to every website to enter your coverage information, which can take a lot of time.

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

3. The last method to get price estimates is to drive around to different agent offices. Buying insurance online can eliminate the need for a local agent unless you want the personal advice that only a licensed agent can provide. If you prefer, some companies allow you to compare the best prices online and have a local agent actually service the policy.

The method you choose is up to you, but make darn sure you compare equivalent coverage data for each price quote. If you compare different data then you won’t be able to determine the best price for your Chevy Lumina. Just a small difference in insurance coverages or limits could skew the results. It’s important to know that quoting more gives you a better chance of getting the best price.

Your insurance coverage should be tailored to you

When buying proper insurance coverage, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that may help highlight if your situation would benefit from professional advice.

• If my 1990 Chevy Lumina is totaled, can I afford another vehicle?
• Is my teenager covered with friends in the car?
• Is my 1990 Chevy Lumina covered for smoke damage?
• Am I covered when using my vehicle for business?
• What is an SR-22 filing?
• Am I covered if hit by an uninsured driver?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Coverage specifics

Understanding the coverages of a insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages found on most insurance policies.

Liability insurance

Liability coverage provides protection from damages or injuries you inflict on people or other property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability insurance covers things like bail bonds, legal defense fees, attorney fees, medical services and medical expenses. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

Uninsured and underinsured coverage

This provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as damage to your 1990 Chevy Lumina.

Because many people carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like dental work, nursing services, funeral costs and pain medications. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available and may carry a deductible

Collision coverage protection

This will pay to fix damage to your Lumina from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like crashing into a building, crashing into a ditch, sustaining damage from a pot hole and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive coverages

This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as hitting a deer, fire damage and a broken windshield. The highest amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

A fool and his money are soon parted

As you go through the steps to switch your coverage, it’s a bad idea to sacrifice coverage to reduce premiums. In many instances, someone dropped physical damage coverage and discovered at claim time that the small savings ended up costing them much more. Your strategy should be to buy a smart amount of coverage at the best price while still protecting your assets.

In this article, we covered a lot of tips how to compare 1990 Chevy Lumina insurance rates online. The most important thing to understand is the more quotes you get, the better likelihood of getting low cost insurance coverage. Consumers could even find that the most savings is with a smaller regional carrier. Regional companies can often insure niche markets at a lower cost compared to the large companies like Allstate and Progressive.

For more information, link through to the following helpful articles:

• Credit Impacts Car Insurance Rates (State Farm)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• What are my Rights when Filing a Claim? (Insurance Information Insitute)
• Choosing an Insurance Company (Insurance Information Insitute)
• Understanding Rental Car Insurance (Insurance Information Insitute)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)