Save on 1992 Chevrolet Lumina Insurance Rates

Searching for better insurance rates for your Chevrolet Lumina? Getting the lowest price insurance can be impossible for vehicle owners who are new to comparison shopping over the internet. With such a big selection of agents and companies in the marketplace, how are vehicle owners expected to have time to compare the different rates to find better prices?

Get affordable car insurance quotes with discounts

Companies don’t necessarily list every discount they offer very well, so the list below details both the well known as well as the least known discounts that may be available. If you check and find you aren’t receiving every discount you qualify for, you are throwing money away.

• Discount for New Cars – Insuring a vehicle that is new can be considerably cheaper compared to insuring an older model.
• Seat Belts Save more than Lives – Drivers who require all vehicle occupants to fasten their seat belts can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
• Driving Data Discount – Drivers that enable their insurance company to monitor driving habits remotely such as Progressive’s Snapshot could possibly reduce rates if they show good driving skills.
• Discount for Life Insurance – Some car insurance companies give a small discount if you purchase a life policy as well.
• Drive Less and Save – Fewer annual miles on your Chevy may allow you to get substantially lower prices.
• ABS Braking Discount – Cars, trucks, and SUVs equipped with ABS or steering control can reduce accidents and the ABS can save up to 10%.
• Passive Restraints – Vehicles with factory air bags or motorized seat belts can receive discounts of 20 to 30 percent.
• Employee of Federal Government – Federal government employees could cut as much as 10% off for Lumina coverage with select insurance companies.
• No Claims – Drivers with accident-free driving histories pay less in comparison with drivers with a long claim history.

Discounts lower rates, but many deductions do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like liability and collision coverage. Despite the appearance that you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

Car insurance companies that have some of the above discounts include:

• State Farm
• Farmers Insurance
• Progressive
• Geico
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

If you want low cost auto insurance quotes, ask each insurance company how you can save money. Some discounts listed above may not apply to policyholders in your area. For a list of insurance companies that offer some of these discounts, click this link.

Finding insurance

There are a variety of methods you can shop for insurance but one way is less time-consuming than others. You could spend the better part of a day discussing policy coverages with local insurance agents in your area, or you can utilize online quoting to get rate comparisons in just a few minutes.

The majority of car insurance companies belong to an insurance system where prospective buyers only type in their quote data once, and every company provides a quote based on that information. This eliminates the need for quote requests for each company you want a rate for.

To compare rates using this form now click here (opens in new window).

The only downside to doing it this way is buyers cannot specifically choose the companies to receive prices from. If you wish to select specific insurance companies to compare, we put together a list of the cheapest insurance companies in your area. View list of insurance companies.

It’s your choice how you get your quotes, but make darn sure you compare identical quote data for each quote you get. If you have unequal deductibles or liability limits it will be impossible to determine the best price for your Chevy Lumina. Just slight variations in insurance coverages or limits can mean a large discrepancy in price. And when quoting insurance, remember that quoting more will increase your chances of finding the best rates. Some companies don’t provide price estimates online, so it’s important to also get price estimates from the smaller companies as well.

Tailor your auto insurance coverage to you

When it comes to choosing adequate coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique.

These are some specific questions could help you determine whether you will benefit from professional help.

• Am I covered when driving in Canada or Mexico?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Why do I need rental car insurance?
• Should I buy additional glass protection?
• Can I rate high risk drivers on liability-only vehicles?
• Do I need an umbrella policy?
• How high should my medical payments coverage be?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form.

Car insurance coverage considerations

Knowing the specifics of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Collision protection

Collision coverage covers damage to your Lumina resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like crashing into a building, scraping a guard rail, colliding with another moving vehicle and backing into a parked car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to raise the deductible to bring the cost down.

Liability car insurance

Liability insurance provides protection from damage that occurs to other people or property that is your fault. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Alternatively, you may have a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for claims like pain and suffering, legal defense fees, repair costs for stationary objects, medical services and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but you should buy as high a limit as you can afford.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from flooding, damage from a tornado or hurricane and hail damage. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

This gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Chevy Lumina.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for X-ray expenses, nursing services and dental work. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Take this to the bank

As you go through the steps to switch your coverage, it’s not a good idea to sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits only to regret that it was a big mistake. Your objective should be to buy a smart amount of coverage at the lowest possible cost while still protecting your assets.

You just read many ways to save on 1992 Chevy Lumina insurance. The most important thing to understand is the more companies you get prices for, the more likely it is that you will get a better rate. Drivers may discover the lowest premium rates are with a company that doesn’t do a lot of advertising.

People change insurance companies for a number of reasons such as questionable increases in premium, an unsatisfactory settlement offer, not issuing a premium refund or policy non-renewal. Whatever your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

Helpful resources

• Keeping Children Safe in Crashes Video (iihs.org)
• Credit and Insurance Scores (Insurance Information Insitute)
• What if I Can’t Find Coverage? (Insurance Information Insitute)
• Things to Know Before you Cancel Insurance (Allstate)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)