1993 Chevrolet Corvette Insurance Quotes

Did budget coverage turn out to be an overpriced insurance coverage policy? Believe me, there are many people just like you. Popular companies such as Allstate, Progressive and Geico constantly bombard you with catchy ads and it is challenging if not impossible to see past the corporate glitz and do the work needed to find the best deal.

It’s important to get comparison quotes yearly since prices are variable and change quite frequently. Just because you found the best deal on Corvette coverage a couple years back other companies may now be cheaper. Ignore everything you know about insurance coverage because you’re going to learn the only way to lower your annual insurance bill.

If you are insured now or are looking for a new policy, you can use these techniques to find better prices and still get good coverage. Finding the best rates is easy if you know what you’re doing. Drivers only need an understanding of how to compare rates online.

The best way to compare car insurance rates is to know the trick most of the larger companies participate in a system to provide you with a free rate quote. To start a quote, the only thing you need to do is provide the companies a bit of rating information including your job, if you require a SR-22, driver ages, and if it has an alarm system. Your details is instantly sent to insurance companies and they respond with quotes instantly.

Find hidden discounts on car insurance

Buying car insurance is not cheap, but you might already qualify for some discounts that could help you make your next renewal payment. Certain discounts will be triggered automatically when you purchase, but once in a while a discount must be specifically requested before you get the savings. If you’re not getting every credit you deserve, you’re just leaving money on the table.

• Driver’s Ed – Require your teen driver to take driver’s ed class in school or through a local driver safety program.
• Multiple Policy Discount – If you combine your home and auto policies with the same insurance company they may give you a discount of over 10 percent off each policy depending on the company.
• Professional Organizations – Belonging to specific professional or occupational memberships or organizations may earn a discount when getting a insurance coverage quote.
• Drive Safe and Save – Accident-free drivers could pay up to 40% less on Corvette coverage compared to rates paid by drivers with frequent claims.
• Theft Prevention System – Cars equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
• Own a Home and Save – Owning a house may earn you a small savings because of the fact that having a home means you have a higher level of financial diligence.

A little disclaimer on discounts, some of the credits will not apply to the entire cost. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though it appears you would end up receiving a 100% discount, you’re out of luck.

A list of companies and their possible discounts are detailed below.

• Farm Bureau offers discounts for 55 and retired, safe driver, youthful driver, driver training, good student, multi-policy, and multi-vehicle.
• Liberty Mutual may have discounts that include multi-policy, exclusive group savings, teen driver discount, safety features, preferred payment discount, and multi-car.
• State Farm discounts include passive restraint, defensive driving training, multiple policy, good driver, and Steer Clear safe driver discount.
• Auto-Owners Insurance offers premium reductions for safe vehicle, safe driver, anti-lock brakes, teen driver, and paperless.
• Geico has discounts for defensive driver, five-year accident-free, multi-vehicle, anti-theft, and multi-policy.
• SAFECO policyholders can earn discounts including accident prevention training, anti-lock brakes, homeowner, safe driver, and anti-theft.

If you need the cheapest insurance coverage quotes, ask all companies you are considering what discounts are available to you. Some credits might not be offered on policies in your area.

Tailor your car insurance coverage to you

When choosing the best car insurance coverage for your personal vehicles, there is no single plan that fits everyone. Each situation is unique so your insurance needs to address that. For example, these questions may help highlight whether your personal situation would benefit from professional advice.

• Will my vehicle be repaired with OEM or aftermarket parts?
• Do I get a pro-rated refund if I cancel my policy early?
• Should I have combined single limit or split liability limits?
• Does my personal policy cover me when driving out-of-state?
• Do I need higher collision deductibles?
• Do I have coverage when making deliveries for my home business?
• Can I rate high risk drivers on liability-only vehicles?
• Is my Chevy Corvette covered if I use it for business?
• Can I still get insurance after a DUI?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance policy specifics

Understanding the coverages of your insurance policy can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find the normal coverages found on most insurance policies.

Liability car insurance

This will cover damages or injuries you inflict on people or other property in an accident. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against things like court costs, medical expenses, attorney fees, emergency aid and repair bills for other people’s vehicles. How much coverage you buy is your choice, but buy as high a limit as you can afford.

Collision protection

Collision insurance pays for damage to your Corvette resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like damaging your car on a curb, colliding with a tree, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible to bring the cost down.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for expenses for chiropractic care, ambulance fees and doctor visits. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover you and your occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and damage to your Chevy Corvette.

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. So UM/UIM coverage is a good idea.

Comprehensive auto coverage

This pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as vandalism, a broken windshield, fire damage, hail damage and falling objects. The most a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Shop Smart and Save

We’ve covered a lot of techniques to get a better price on 1993 Chevy Corvette insurance. It’s most important to understand that the more price quotes you have, the better your chances of lowering your prices. Drivers may discover the best price on car insurance is with a small local company. They can often provide lower prices in certain areas than the large multi-state companies such as State Farm or Progressive.

When shopping online for car insurance, do not sacrifice coverage to reduce premiums. There are too many instances where drivers have reduced comprehensive coverage or liability limits only to find out that the small savings ended up costing them much more. Your strategy should be to purchase a proper amount of coverage for the lowest price, but don’t skip important coverages to save money.

Helpful articles

• Winter Driving (Insurance Information Insitute)
• Car Insurance: When not to Skimp (BankRate.com)
• Property Damage Coverage (Liberty Mutual)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• Help Your Teen Be a Better Driver (State Farm)