1995 Chevrolet Camaro Insurance Rates – 9 Discounts for Cheaper Quotes

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.

Take advantage of every car insurance discount

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.

• Discount for New Cars – Buying a new car instead of a used car can save up to 30% because new vehicles have to meet stringent safety requirements.
• Discount for Good Grades – Being a good student could provide a savings of up to 20% or more. Most companies allow this discount well after school through age 25.
• Waiver for an Accident – Not really a discount, but certain companies may permit one accident without getting socked with a rate hike with the catch being you have to be claim-free prior to being involved in the accident.
• Claim Free – Good drivers with no accidents have much lower rates in comparison with accident-prone drivers.
• Paper-free Discount – A handful of insurance companies will provide an incentive for signing up on your computer.
• Good Driver Discounts – Drivers without accidents can get discounts for up to 45% lower rates on Camaro insurance compared to accident prone drivers.
• Membership in Organizations – Participating in a qualifying organization could trigger savings on your policy.
• Multiple Cars – Buying insurance for multiple vehicles on the same car insurance policy may reduce the rate for each vehicle.
• Government Employee Discount – Active or retired federal employment can save as much as 8% on Camaro insurance depending on your company.

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:

• Geico offers discounts including membership and employees, federal employee, military active duty, five-year accident-free, and driver training.
• Mercury Insurance offers premium reductions for accident-free, anti-theft, good driver, multi-car, professional/association, and multi-policy.
• Farmers Insurance includes discounts for alternative fuel, multi-car, teen driver, mature driver, pay in full, bundle discounts, and electronic funds transfer.
• Auto-Owners Insurance policyholders can earn discounts including safe vehicle, student away at school, group or association, paperless, and multiple vehicles.
• Liberty Mutual discounts include new move discount, new graduate, good student, new vehicle discount, preferred payment discount, and hybrid vehicle.
• SAFECO may include discounts for accident prevention training, teen safe driver, anti-theft, homeowner, drive less, and safe driver.
• Progressive may have discounts that include homeowner, online signing, multi-policy, good student, online quote discount, and multi-vehicle.
• USAA has savings for new vehicle, family discount, multi-vehicle, annual mileage, good student, defensive driver, and vehicle storage.

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.

How to know if you need help

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.

• Can I drive in Mexico and have coverage?
• What if I don’t agree with a claim settlement offer?
• I have health insurance so do I need medical payments coverage?
• How much underlying liability do I need for an umbrella policy?
• Do I need roadside assistance coverage?
• Will I be non-renewed for getting a DUI or other conviction?
• Is extra glass coverage worth it?
• Am I covered when pulling a rental trailer?
• Do I need higher collision deductibles?
• Does liability extend to a camper or trailer?

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.

Auto insurance coverage specifics

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.

Online plus local equals savings

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:

• Preventing Carjacking and Theft (Insurance Information Insitute)
• Rental Reimbursement Coverage (Allstate)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Airbag FAQ (iihs.org)