Cheaper 1994 Chevrolet Lumina Minivan Car Insurance Rates

Want the cheapest car insurance rates for your Chevrolet Lumina Minivan? Trying to find the cheapest insurance for your Chevy Lumina Minivan can normally be an all-consuming task, but you can follow our car insurance buying tips to find lower rates.

There is a right way and a wrong way to shop for car insurance and you need to know the best way to price shop coverage for your Chevy and find the lowest possible price.

It’s a good habit to compare prices as often as possible because car insurance prices change quite often. Even if you think you had the best deal for Lumina Minivan insurance a couple years back there is a good chance you can find better rates now. There is a lot of bad advice regarding car insurance online but in this article, you’re going to get some good information on how to find affordable car insurance.

If you have a policy now or need a new policy, you can use these techniques to find better prices while maximizing coverage. Finding cheaper protection can be fairly easy. Drivers only need to know the most efficient way to compare company rates online.

Take advantage of every auto insurance discount

Auto insurance is easily one of your largest bills, but you may qualify for discounts that can dramatically reduce your bill. Many of these discounts will be applied automatically when you purchase, but some need to be specially asked for before you get the savings. If you aren’t receiving every discount available, you are not getting the best rate possible.

• Onboard Data Collection – People who choose to allow their company to look at vehicle usage by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease as long as the data is positive.
• Passive Restraint Discount – Vehicles equipped with air bags may qualify for discounts of up to 25% or more.
• E-sign – Many auto insurance companies provide a small discount for buying your policy on their website.
• Active Service Discounts – Having a deployed family member can result in better premium rates.
• Low Miles Discount – Low annual miles could earn discounted rates on garaged vehicles.
• Memberships – Joining certain professional organizations could qualify you for a break on your next renewal.

Policy discounts save money, but most credits do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. Despite the appearance that all the discounts add up to a free policy, it doesn’t quite work that way.

A list of companies and a partial list of their discounts are outlined below.

• Geico offers discounts for emergency military deployment, membership and employees, good student, military active duty, and daytime running lights.
• MetLife has discounts for claim-free, defensive driver, multi-policy, accident-free, and good student.
• Progressive may have discounts that include online quote discount, homeowner, continuous coverage, online signing, multi-vehicle, good student, and multi-policy.
• Travelers offers premium reductions for hybrid/electric vehicle, save driver, driver training, IntelliDrive, and new car.
• SAFECO may include discounts for safe driver, multi-car, anti-theft, teen safe driver, and accident prevention training.
• AAA policyholders can earn discounts including AAA membership discount, education and occupation, good student, anti-theft, and good driver.

When getting a coverage quote, ask all companies you are considering how many discounts you can get. Some of the earlier mentioned discounts might not be available to policyholders in your area. To see auto insurance companies who offer discounts, click this link.

Four things that influence your insurance rates

Lots of things are used when you get a price on insurance. Most are fairly basic like your driving record, but others are not as apparent like your vehicle usage or your commute time.It’s important that you understand the different types of things that aid in calculating the price you pay for insurance. If you have a feel for what determines premiums, this allows you to make educated decisions that could help you find lower premium levels.

• Policy add-ons add up – Insurance companies have many extra coverages that may not really be needed when buying insurance. Coverage for things like rental car coverage, towing, and extra life insurance coverage are probably not needed. The coverages may be enticing at first, but your needs may have changed so eliminate the coverages to reduce your premium.
• High credit means lower premiums – An insured’s credit score will be a significant factor in calculating your premium rate. If your credit is not that good, you could be paying less to insure your 1994 Chevrolet Lumina Minivan by improving your rating. Consumers who have high credit ratings tend to file fewer claims and have better driving records than drivers who have bad credit.
• Teen drivers pay high costs – Older people are more responsible, are lower risk to insure and tend to be get fewer driving tickets.Beginning drivers are statistically shown to get distracted easily when behind the wheel therefore insurance rates are much higher.
• Your spouse saves you money – Being married can get you a discount on your insurance bill. Having a significant other translates into being more mature than a single person and it’s proven that drivers who are married file infrequent claims.

How to know if you need help

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a one size fits all plan. Your needs are not the same as everyone else’s.

For example, these questions might point out whether your personal situation will benefit from professional help.

• When should I remove comp and collision on my 1994 Chevy Lumina Minivan?
• How high should deductibles be on a 1994 Chevy Lumina Minivan?
• Will my vehicle be repaired with OEM or aftermarket parts?
• Is my 1994 Chevy Lumina Minivan covered for smoke damage?
• Why is insurance for a teen driver so high?
• How do I buy GAP insurance?
• Am I covered if I wreck a rental car?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Brand name doesn’t guarantee savings

Drivers can’t avoid all the ads for the lowest price auto insurance from companies such as Geico, State Farm and Progressive. They all seem to tend to make the same promise that you can save if you get a free insurance coverage quote and switch your auto insurance coverage to their company.

How does each company charge less that you’re paying now? Just pay attention to how they say it.

Companies quote the lowest rates for the right customer that is profitable for them. An example of this type of insured could possibly be between the ages of 30 and 50, has no tickets, and has great credit. A customer that fits those parameters receive the lowest rate quotes as well as save a lot if they switch.

Insureds who don’t meet these stringent criteria will probably be forced to pay a more expensive rate with the end result being the driver buying from a lower-cost company. The ads state “customers who switch” but not “all drivers who get quotes” save that much when switching. That’s the way companies can truthfully make it sound like they have such great car insurance rates.

This illustrates why you really should get insurance coverage quotes from several different companies. You cannot predict the company that will be your best fit.

Insurance coverage considerations

Knowing the specifics of your policy aids in choosing the best coverages and proper limits and deductibles. Insurance terms can be confusing and reading a policy is terribly boring.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as ambulance fees, pain medications, chiropractic care, funeral costs and EMT expenses. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state and may carry a deductible

Uninsured and underinsured coverage

This provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and damage to your 1994 Chevy Lumina Minivan.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally these coverages do not exceed the liability coverage limits.

Comprehensive coverages

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as hitting a deer, hitting a bird, theft and vandalism. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision protection

This coverage pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims like crashing into a building, sideswiping another vehicle, hitting a parking meter, backing into a parked car and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible to get cheaper collision coverage.

Liability

Liability coverage protects you from injuries or damage you cause to people or other property in an accident. This coverage protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Another option is a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things like repair costs for stationary objects, medical expenses and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.

Affordable insurance is out there

In this article, we covered a lot of techniques to reduce 1994 Chevy Lumina Minivan insurance premium rates online. The key thing to remember is the more providers you compare, the better likelihood of getting the cheapest insurance coverage. You may even discover the best price on auto insurance is with a smaller regional carrier.

Some auto insurance companies may not have online rate quotes small, regional companies prefer to sell through independent agencies. Budget-friendly auto insurance is possible both online in addition to many insurance agents, so compare prices from both to have the best rate selection.

As you go through the steps to switch your coverage, it’s a bad idea to reduce coverage to reduce premium. There have been many situations where consumers will sacrifice full coverage to discover at claim time that it was a big mistake. Your goal is to buy enough coverage at the best cost, but do not sacrifice coverage to save money.

To read more, take a look at the resources below:

• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Anti-Lock Brake FAQ (iihs.org)
• Rental Reimbursement Coverage (Allstate)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)
• Teen Driver Licensing Information (iihs.org)