1994 Chevrolet Camaro Insurance Rates

Searching for better auto insurance rates for your Chevrolet Camaro? Having to pay for high-priced Chevrolet Camaro insurance can overdraw your savings account and make it impossible to make ends meet. You have so many auto insurance companies to buy insurance from, and even though it’s nice to have multiple companies, it can be more difficult to adequately compare rates.

How to buy auto insurance online

There are a lot of ways to shop for auto insurance, but there is one way that is easier and takes less work. You can spend countless hours talking about coverages with insurance agencies in your area, or you could use online quotes to get prices fast.

The majority of car insurance companies take part in a program where insurance shoppers submit one quote, and every company returns a rated price. This system prevents you from having to do quote requests for each company you want a rate for.

To find out how much you’re overpaying now click here to start a free quote.

The only downside to getting quotes like this is that consumers can’t choose the providers to get pricing from. If you prefer to choose specific providers to compare prices, we put together a list of low cost auto insurance companies in your area. Click here to view list.

Which method you use is up to you, but be sure to compare nearly identical coverage information for each price quote. If you enter different limits and deductibles on each one then you won’t be able to determine which rate is truly the best.

Cheaper rates with these insurance coverage discounts

Car insurance companies do not list all their discounts in a way that’s easy to find, so below is a list a few of the more well known and also the more inconspicuous discounts you could be receiving when you buy car insurance online.

• ABS and Traction Control Discounts – Cars, trucks, and SUVs that have steering control and anti-lock brakes can avoid accidents so companies give up to a 10% discount.
• Discounts for Seat Belt Usage – Drivers who require all occupants to buckle up can save 10% or more on the premium charged for medical payments and/or PIP.
• Renewal Discounts – Some insurance companies reward drivers for switching policies prior to the expiration date on your current policy. You may see this discount when you get car insurance quotes online.
• Own a Home – Being a homeowner can earn you a little savings due to the fact that maintaining a home requires personal responsibility.
• Theft Prevention System – Cars and trucks equipped with anti-theft or alarm systems can help prevent theft and will qualify for a discount on a car insurance quote.
• College Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from home without a vehicle on campus can be insured at a reduced rate.

Don’t be shocked that many deductions do not apply to all coverage premiums. Most only reduce specific coverage prices like collision or personal injury protection. Even though it may seem like all those discounts means the company will pay you, insurance coverage companies aren’t that generous. But any discount should help reduce your policy cost.

The best insurance coverage companies and some of their more popular discounts can be found below.

• State Farm may offer discounts for defensive driving training, anti-theft, multiple policy, multiple autos, good driver, accident-free, and safe vehicle.
• Esurance discounts include anti-lock brakes, anti-theft, renters, safety device, good student, and online shopper.
• Progressive has savings for online signing, multi-policy, good student, continuous coverage, multi-vehicle, and online quote discount.
• Liberty Mutual has discounts for safety features, multi-car, preferred payment discount, new vehicle discount, and good student.
• Auto-Owners Insurance may include discounts for paperless, anti-lock brakes, student away at school, company car, and mature driver.
• Geico offers discounts for anti-theft, federal employee, multi-policy, emergency military deployment, and seat belt use.

If you need lower rates, check with each company which discounts can lower your rates. Discounts may not apply in every state. If you would like to choose from a list of insurance companies offering insurance coverage discounts, click here.

Learn how to lower your insurance premiums

Many things are considered when you get your auto insurance bill. Some factors are common sense like an MVR report, but some are less obvious like where you live and annual miles driven.

• Lower rates for married couples – Getting married may earn you lower rates on your policy. Marriage generally demonstrates drivers are more mature and statistics prove drivers who are married are more cautious.
• Does car insurance cost more for guys? – Statistics demonstrate women are more cautious behind the wheel. The data does not necessarily mean that women are better drivers. Men and women are in at-fault accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Men also statistically get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly. Male drivers age 16 to 19 are several times more likely to be in an accident and are penalized with high auto insurance rates.
• Never allow your coverage to lapse – Driving your car without having proper coverage is illegal and as a result your rates will increase for letting your coverage lapse. And not only will your rates increase, getting caught without coverage can result in fines or a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
• Keep the miles off and save – The higher the miles on your Chevy each year the more you’ll pay to insure your vehicle. A lot of insurance companies charge to insure your cars based upon how much you drive. Autos that have low annual miles qualify for better rates as compared to vehicles used primarily for driving to work. Ask your agent if your auto insurance declarations sheet shows the correct usage for each vehicle, because improper ratings can cost you money. A policy that improperly rates your Camaro may be costing you higher rates.
• Don’t buy extra coverages you don’t need – There are a lot of extra bells and whistles that you can get tricked into buying if you aren’t careful. Coverage for things like rental car coverage, better glass coverage, and membership fees are probably not needed. The coverages may be enticing initially, but your needs may have changed so think about removing them and cutting costs.
• Safer cars cost less to insure – Safe vehicles are cheaper to insure. Highly rated vehicles have better occupant injury protection and lower rates of occupant injuries means your insurance company pays less and lower rates for you.

Insurance can get complicated

When choosing the best insurance coverage, there is no best way to insure your cars. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if your insurance needs would benefit from professional advice.

• How high should deductibles be on a 1994 Chevy Camaro?
• Do I have coverage when pulling a U-Haul trailer?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• Am I better off with higher deductibles on my 1994 Chevy Camaro?
• Is rental equipment covered for theft or damage?
• Are rental cars covered under my policy?
• If I drive on a suspended license am I covered?
• Do I get a pro-rated refund if I cancel my policy early?
• Does my policy cover my teen driver if they drive my company car?
• When would I need additional glass coverage?

If you can’t answer these questions then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It’s fast, free and can provide invaluable advice.

Auto insurance coverage information

Having a good grasp of insurance helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverages available from insurance companies.

Uninsured and underinsured coverage

Your UM/UIM coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Camaro.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive coverages

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like damage from getting keyed, rock chips in glass and a tree branch falling on your vehicle. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision protection

Collision coverage will pay to fix damage to your Camaro resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as colliding with a tree, backing into a parked car, hitting a parking meter, rolling your car and crashing into a building. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Coverage for liability

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

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 policy limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things such as loss of income, court costs, legal defense fees and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like surgery, pain medications, X-ray expenses, funeral costs and ambulance fees. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Coverage on a shoestring budget

Affordable 1994 Chevy Camaro insurance can be sourced from both online companies and also from your neighborhood agents, so you need to shop car insurance with both to have the best chance of lowering rates. Some insurance companies may not have rates over the internet and usually these regional carriers work with independent agencies.

We just presented some good ideas how to lower your 1994 Chevy Camaro insurance rates. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even discover the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising. They may cover specific market segments cheaper compared to the large companies like Geico and State Farm.

To read more, feel free to visit the articles below:

• Steps to Take After an Auto Accident (Insurance Information Insitute)
• Liability Insurance Coverage (Nationwide)
• Medical Payments Coverage (Liberty Mutual)
• Teen Driving Statistics (iihs.org)