Nobody I know anticipates paying for car insurance, particularly when it costs too dang much. With so many options when it comes to car insurance, it can be diffult for drivers to pick the best insurance company.
Car insurance is not cheap nor is it fun to buy but there are discounts available that you may not even be aware of. Some discounts apply automatically when you complete an application, but once in a while a discount must be inquired about before being credited.
It’s important to note that most credits do not apply the the whole policy. A few only apply to specific coverage prices like liability and collision coverage. So even though they make it sound like you can get free auto insurance, company stockholders wouldn’t be very happy.
A list of companies and a summarized list of policyholder discounts include:
It’s a good idea to ask every company how you can save money. Depending on the company, some discounts may not apply in your area. To choose insurance companies who offer free car insurance quotes, click here.
When buying the right insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Every situation is different so this has to be addressed. For example, these questions might help in determining whether your personal situation would benefit from an agent’s advice.
If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.
Knowing the specifics of your auto insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and coverage can change by endorsement. Listed below are the usual coverages available from auto insurance companies.
Collision coverages – Collision insurance pays for damage to your Camaro resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims such as backing into a parked car, scraping a guard rail, rolling your car and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.
Liability auto insurance – This coverage can cover damage or injury you incur to a person or their property. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.
Liability coverage protects against claims like repair bills for other people’s vehicles, structural damage, medical expenses and emergency aid. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.
Coverage for medical payments – Med pay and PIP coverage provide coverage for bills for things like chiropractic care, surgery and EMT expenses. They are used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive coverages – This coverage covers damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive insurance covers things such as hitting a deer, damage from flooding, theft, vandalism and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Uninsured and underinsured coverage – Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your Chevy Camaro.
Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.
As you prepare to switch companies, don’t be tempted to reduce coverage to reduce premium. There are a lot of situations where an accident victim reduced liability coverage limits and found out when filing a claim that it was a big mistake. The ultimate goal is to buy the best coverage you can find at the best possible price and still be able to protect your assets.
We just presented a lot of techniques to get a better price on 1995 Chevy Camaro insurance. The key thing to remember is the more rate comparisons you have, the better chance you’ll have of finding inexpensive auto insurance. Consumers could even find that the best rates are with a smaller regional carrier. These companies may cover specific market segments cheaper than the large multi-state companies such as Allstate or State Farm.
To learn more, take a look at these articles:
Duncan Huffman
I can’t pay high rates. Live in the southern part of Aurora, IL. Can’t remember who all I quoted but I ended up saving about $30 each month. Left American Family to switch. Thankfully I have a good driving record. Not sure about claim service. When should I drop full coverage?
Rebecca Lindsay
Cheapest quote for my 1995 Chevrolet Camaro was with Eastwood. I only have liability coverage on it.
Janina Diaz
I’m looking for cheaper coverage. I live south of Honolulu, Hawaii. Received rates from GMAC, AIG Insurance, Safeco, and a couple others for my Chevrolet and saved $65 a year. I have a teen driver too. Liability only on my Chevrolet.
Anna Leach
Got pretty cheap 1995 Chevrolet Camaro insurance from Progressive in Green Bay, Wisconsin.
Johnny Rowe
Great site. Found cheapest coverage with Eastwood for my Camaro and am saving around $60 a year.
Shamika Joyner
I live in Gaithersburg, MD. Got quotes from 21st Century, AAA, and some I forget for my 1995 Chevrolet Camaro and I think I cut my rates about $20 each month. I’m a pretty low risk driver. Full coverage costs too much.
Kevin Blake
Does Allstate insure teenage drivers?
Euna Parker
I found pretty cheap rate quotes for a 1995 Chevrolet Camaro in Omaha, NE. Ended up at right around $70 every six months with Auto-Owners. I have a teen driver too. It’s too old for full coverage.
Jonna Garza
I’m in the south part of Fairbanks, AK. Went online for free insurance quotes for a 1995 Chevrolet Camaro. Ended up at about $70 savings annually. Went with Allstate. I have kids on my policy, too. Not sure if rates are cheaper online or not. Anyone else drop full coverage?
Jamal Rasmussen
IT’S ALL TOO EXPENSIVE! I live in a small town just outside of San Jose, CA. Compared quite a few companies. Saved about $30 a month. State Farm was the most affordable for me. Ask about discounts. Not sure about claim service. I’m thinking about dropping full coverage though.
Arminda Koch
Just my two cents. I live east of Dallas, Texas. Quoted rates from Allstate, AAA, and Encompass for my Camaro and I think I am saving around $30 each month. Not sure if rates are cheaper online or not. I just carry liability insurance.