Lower Your 1996 Chevrolet Caprice Insurance Rates

Looking for lower insurance coverage rates for your Chevrolet Caprice? Did you make the mistake of buying high-priced insurance coverage? Believe me, you are not the only one feeling buyer’s remorse.

Having so many insurance companies to choose from, it can be impossible to pick the best insurance coverage company.

Save with with these discounts

Car insurance can cost a lot, but there may be some discounts that can dramatically reduce your bill. Certain credits will be shown at the time of purchase, but less common discounts must be inquired about before you will receive the discount.

• Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of 20% or more.
• Renewal Discounts – A few larger companies give discounts for renewing your policy early. You could save around 10% when you buy car insurance online.
• Military Discounts – Being deployed in the military could be rewarded with lower prices.
• Good Driver Discount – Insureds without accidents may save up to 50% more for Caprice insurance as compared to drivers with claims.
• Waiver for an Accident – This isn’t a discount exactly, but companies like Geico, Progressive, and Allstate may permit one accident before your rates go up with the catch being you have to be claim-free for a certain period of time.

You should keep in mind that most discount credits are not given the the whole policy. A few only apply to specific coverage prices like physical damage coverage or medical payments. Despite the appearance that you could get a free insurance coverage policy, it just doesn’t work that way.

To find providers with discount rates, click here.

Your situation helps dictate your coverage

When buying proper insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s needs are different and your policy should reflect that. For example, these questions may help you determine whether your personal situation would benefit from an agent’s advice.

• Should I file a claim if it’s only slightly more than my deductible?
• Should I buy full coverage?
• Should I bundle my homeowners policy with my auto?
• What is the minimum liability in my state?
• Am I covered if my car is in a flood?
• Can my teen driver be rated on a liability-only vehicle?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Save $441 a year? Really?

State Farm and Allstate endlessly run television and radio advertisements. They all seem to make the point of big savings if you get a free car insurance quote and switch your insurance coverage to their company. That’s great but how can every company sell you cheaper insurance coverage? This is the trick they use.

All the different companies quote their cheapest rates for the right customer that earns them the highest profit. For example, this type of insured might be described as a married male, has never had a policy lapse, and drives a safe vehicle. A propective insured that hits that “sweet spot” will qualify for the lowest prices and have a good chance to pay quite a bit less when switching companies.

Insureds who are not a match for these stringent criteria will see a more expensive rate with the end result being the driver buying from a lower-cost company. If you listen to the ad wording, they say “drivers who switch” but not “everyone who gets a quote” will save that much if they switch. That’s the way insurance companies can make those claims. Because each company has a different risk profile, it’s extremely important to compare quotes as often as possible. Because you cannot predict which insurance companies will give you lower premium rates than your current company.

Parts of your car insurance policy

Knowing the specifics of a car insurance policy can help you determine appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Listed below are typical coverage types found on most car insurance policies.

Collision coverages – Collision insurance covers damage to your Caprice resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as scraping a guard rail, colliding with a tree and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Comprehensive coverages – This will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, a tree branch falling on your vehicle, damage from getting keyed, hitting a bird and hitting a deer. The most you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for medical payments – Med pay and PIP coverage pay for expenses like dental work, EMT expenses and hospital visits. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state and may carry a deductible

Uninsured and underinsured coverage – This protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Chevy Caprice.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Auto liability – Liability coverage provides protection from damages or injuries you inflict on people or other property that is your fault. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three 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 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims such as repair bills for other people’s vehicles, loss of income, medical services and emergency aid. How much coverage you buy is a decision to put some thought into, but you should buy as high a limit as you can afford.

Don’t be a big spender

We’ve covered a lot of tips how to get a better price on 1996 Chevy Caprice insurance. The key thing to remember is the more quotes you get, the better chance you’ll have of finding cheap car insurance. You may even find the best premium rates are with some of the smallest insurance companies. These companies may only write in your state and offer lower prices than the large multi-state companies such as Progressive and Geico.

Budget-friendly insurance coverage can be purchased from both online companies as well as from insurance agents, so you need to quote car insurance with both so you have a total pricing picture. Some insurance providers may not offer online price quotes and most of the time these small, regional companies provide coverage only through independent insurance agencies.

As you prepare to switch companies, it’s a bad idea to skimp on critical coverages to save a buck or two. There have been many cases where someone sacrificed physical damage coverage and discovered at claim time that the savings was not a smart move. Your objective should be to get the best coverage possible for the lowest price, but do not skimp to save money.

More detailed insurance coverage information can be read in these articles:

• What is Full Coverage? (Allstate)
• What is Covered by GAP Insurance? (Allstate)
• Auto Insurance Learning Center (State Farm)
• Steps to Take After an Auto Accident (Insurance Information Insitute)
• What is a Telematics Device? (Allstate)