Lower Your 1997 Chevrolet Lumina Insurance Cost

Trying to find the cheapest insurance coverage rates for your Chevrolet Lumina? Price shopping your insurance coverage is nearly impossible for beginners to shopping for insurance online. With more and more companies competing online, it can easily be hard work to find more affordable insurance coverage rates.

Which insurance coverage is cheapest?

There are several ways to compare insurance coverage quotes, but some are more efficient than others. You can waste hours discussing policy coverages with agents in your area, or you could use the internet to achieve your goal.

Most major companies participate in a marketplace that allows shoppers to enter their policy data once, and every company provides a quote for coverage. This prevents consumers from doing quote requests for each company you want a rate for. To enter your information into the quoting system, click to open in new window.

The only drawback to getting quotes like this is you are unable to specify which companies you will receive quotes from. If you prefer to choose individual companies for rate comparison, we put together a list of low cost insurance coverage companies in your area. Click here for list of insurance companies.

It’s your choice how you get your quotes, but ensure you are comparing identical information for each price quote. If you use different liability limits it’s not possible to determine the lowest rate for your Chevy Lumina. Just slight variations in coverage limits could mean much higher rates. Just remember that obtaining a wide range of quotes will improve the odds of getting the best offered rates. Some smaller insurers to not give online rate quotes, so it’s important to also get price estimates from those companies as well.

Discounts for cheap auto insurance quotes

Auto insurance is not inexpensive, but you may find discounts that you may not even be aware of. Larger premium reductions will be automatically applied at quote time, but some must be specifically requested in order for you to get them.

• Multi-policy Discount – If you have multiple policies with the same company you could earn a discount of approximately 10% to 15%.
• Low Mileage Discounts – Fewer annual miles on your Chevy could be rewarded with lower prices on the low mileage vehicles.
• Government Employees – Employees or retirees of the government could provide a small rate reduction for Lumina insurance but check with your company.
• Active Service Discounts – Having a deployed family member may qualify for rate reductions.
• Payment Method – By making one initial payment rather than paying in monthly installments you could save up to 5%.

Policy discounts save money, but most discount credits are not given the the whole policy. Most only cut specific coverage prices like liability and collision coverage. If you do the math and it seems like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

Some of the insurance companies that may offer policyholders most of the discounts above include:

• State Farm
• Liberty Mutual
• American Family
• Progressive
• Farmers Insurance
• Auto-Owners Insurance
• SAFECO

It’s a good idea to ask all the companies how you can save money. Depending on the company, some discounts might not be offered on policies in your area. To locate insurance companies that offer discounts, click here.

You may need specialized car insurance coverage

When buying proper insurance coverage for your vehicles, there really is no cookie cutter policy. Everyone’s situation is unique.

These are some specific questions might help in determining if your situation would benefit from an agent’s advice.

• Why does it cost so much to insure a teen driver?
• What if I don’t agree with a claim settlement offer?
• Should I get collision insurance on every vehicle?
• What is covered by UM/UIM coverage?
• Can I pay claims out-of-pocket if I buy high deductibles?
• Should I carry comprehensive and collision coverage?
• Can my teen drive my company car?
• Are my tools covered if they get stolen from my vehicle?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form.

Insurance coverages explained

Knowing the specifics of a insurance policy can be of help when determining the best coverages for your vehicles. Insurance terms can be ambiguous and reading a policy is terribly boring.

Medical expense coverage

Med pay and PIP coverage pay for expenses for things like surgery, funeral costs, nursing services, pain medications and chiropractic care. They are used in conjunction with a health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for liability

This protects you from injuries or damage you cause to people or other property that is your fault. This insurance protects YOU against other people’s claims, 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 liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.

Liability can pay for claims such as medical expenses, attorney fees and legal defense fees. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family and damage to your Chevy Lumina.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive protection

This pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like a broken windshield, damage from a tornado or hurricane, hitting a deer, fire damage and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto collision coverage

This coverage pays for damage to your Lumina caused by collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like driving through your garage door, backing into a parked car and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.