2000 Chevrolet Camaro Insurance Rates – 10 Tips for Cheapest Quotes

Want lower car insurance rates for your Chevrolet Camaro? Wish you could get a refund on an underperforming, overpriced car insurance policy? Don’t feel bad because there are lots of residents who feel the same.

Many auto insurance companies compete for your insurance dollar, and it can be difficult to compare rates and uncover the absolute best rate

If you are paying for car insurance now, you will be able to cut costs considerably using these techniques. Choosing the best insurance company for you is not rocket science. Nevertheless, car owners must understand how insurance companies market insurance on the web and take advantage of how the system works.

Cheap car insurance

To find affordable insurance coverage quotes, there are several ways to compare rate quotes from many car insurance companies in your state. The best way to find the cheapest 2000 Chevy Camaro insurance rates is to jump online and get quotes. This can be accomplished in just a few minutes using one of these methods.

• The fastest and easiest way to compare a lot of rates at once is an all-inclusive rate comparison like this one (opens in new window). This easy form eliminates the need for a different quote for every car insurance company. In just a few minutes this one form gets rate comparisons from car insurance companies with the best prices.
• A slightly less efficient method to get comparison quotes requires visiting the website of each company and fill out a new quote form. For example, let’s assume you want to view quotes from Auto-Owners, Farmers and Geico. In order to get each rate, you would have to take the time to go to each site to input your insurance information, which can be really labor intensive.

  For a list of links to companies insuring cars in your area, click here.

• The most difficult way to price shop rates is physically going to and from local insurance agencies. The ability to quote online can eliminate the need for a local agent unless you want the professional advice that only an agent can give. If you prefer, some companies allow you to get the lowest quotes online and still use a local agent.

Whichever way you choose to compare rates, be certain you are entering apples-to-apples coverage information for every company. If you enter different coverage information it will be nearly impossible to make an equal comparison. Just slight variations in coverages may cause a big price difference. And when comparing car insurance rates, know that comparing a wide range of rates helps you find more affordable insurance. Not every company provides online quotes, so you should also compare quotes from them, too.

Advertising and insurance coverage

Geico, State Farm and Progressive consistently run television and radio advertisements. They all try to convey promises that people will save if you get a free insurance coverage quote and switch your policy. How can each company offer drivers better rates? Just pay attention to how they say it.

Many companies have an ideal profile for the type of customer that earns them the most money. For instance, this type of driver may need to be over the age of 40, carries full coverage, and drives a car with an anti-theft system. Someone who fits those characteristics may get the lowest prices and is almost guaranteed to save when switching.

Insureds who are not a match for these stringent criteria must pay a higher rate which leads to the prospect going elsewhere. If you pay attention, the ads say “people that switch” not “everyone that quotes” save that much. That is how companies can truthfully make those claims. This emphasizes why you really should compare as many free insurance coverage quotes as you can. Because without a comparison, you cannot know the company that will provide you with the cheapest premium rates.

Don’t overlook these ten insurance coverage discounts

Some insurance providers do not list all their discounts very well, so the following is a list of both well-publicized in addition to some of the lesser obvious discounts that you may qualify for. If they aren’t giving you every credit possible, you are throwing money away.

• Telematics Discount – Drivers who elect to allow driving data collection to monitor vehicle usage by using a telematics device in their vehicle such as Progressive’s Snapshot may see discounts if their driving habits are good.
• Anti-lock Brakes – Anti-lock brake equipped vehicles can stop better under adverse conditions and will save you 10% or more.
• Good Grades Discount – A discount for being a good student may save as much as 25% on a insurance coverage quote. The good student discount can last until age 25.
• Distant Student Discount – Kids who live away from home at college and do not take a car to college can be insured at a reduced rate.
• Government Employee Discount – Simply working for the federal government could provide a small rate reduction on Camaro insurance with a few insurance coverage companies.
• Discounts for Good Drivers – Drivers without accidents may save up to 50% more on Camaro insurance than less cautious drivers.
• Accident Free – Insureds with no claims or accidents pay less when compared to policyholders that have many claims.
• Discount for Passive Restraints – Factory options such as air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
• Homeowners Savings – Simply owning a home can save you money due to the fact that maintaining a home requires a higher level of personal finance.
• Drivers Ed for Students – Teen drivers should complete a driver education course in high school.

Policy discounts save money, but many deductions do not apply to your bottom line cost. Most only apply to individual premiums such as physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, insurance coverage companies aren’t that generous.

Companies and some of the premium reductions they offer are shown below.

• State Farm includes discounts for passive restraint, multiple autos, Drive Safe & Save, safe vehicle, anti-theft, and accident-free.
• Geico may offer discounts for emergency military deployment, anti-lock brakes, good student, multi-policy, and military active duty.
• Allstate offers discounts for senior citizen, EZ pay plan discount, utility vehicle, defensive driver, teenSMART discount, and multi-policy.
• SAFECO has savings for accident prevention training, homeowner, drive less, bundle discounts, and multi-car.
• Farm Bureau may have discounts that include driver training, youthful driver, multi-policy, 55 and retired, and safe driver.
• Progressive policyholders can earn discounts including online quote discount, continuous coverage, good student, multi-vehicle, and online signing.
• AAA offers premium reductions for AAA membership discount, multi-car, anti-theft, good driver, multi-policy, education and occupation, and good student.

When getting a coverage quote, ask every insurance company to apply every possible discount. Some credits might not be offered on policies in your area. If you would like to view insurance coverage companies that can offer you the previously mentioned discounts, follow this link.

When to get professional advice

When choosing adequate coverage, there really is no “perfect” insurance plan. Every situation is different so this has to be addressed. Here are some questions about coverages that can help discover if your situation would benefit from professional advice.

• Why am I required to get a high-risk car insurance policy?
• Can my teen driver be rated on a liability-only vehicle?
• When can my company non-renew my policy?
• Should I have combined single limit or split liability limits?
• How can I find cheaper teen driver insurance?
• Does my medical payments coverage pay my health insurance deductible?
• Does my 2000 Chevy Camaro qualify for pleasure use?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Specific coverages for a 2000 Chevy Camaro

Learning about specific coverages of insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Insurance terms can be ambiguous and nobody wants to actually read their policy. Listed below are the normal coverages offered by insurance companies.

Auto liability insurance

This coverage protects you from damage that occurs to other people or property in an accident. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability can pay for things like pain and suffering, medical services, attorney fees and medical expenses. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

UM/UIM Coverage

This gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Collision coverage

Collision insurance pays for damage to your Camaro caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things like colliding with another moving vehicle, sideswiping another vehicle, rolling your car, damaging your car on a curb and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also bump up the deductible in order to get cheaper collision rates.

Medical costs insurance

Med pay and PIP coverage pay for immediate expenses such as hospital visits, funeral costs and ambulance fees. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like theft, hitting a bird, a tree branch falling on your vehicle, damage from getting keyed and damage from flooding. The highest amount a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Feed the piggy bank

As you go through the steps to switch your coverage, never buy less coverage just to save a little money. In many cases, consumers will sacrifice uninsured motorist or liability limits only to find out they didn’t have enough coverage. Your goal is to buy enough coverage at an affordable rate while not skimping on critical coverages.

In this article, we presented a lot of information how to lower your 2000 Chevy Camaro insurance rates. The key concept to understand is the more you quote insurance coverage, the higher your chance of finding low cost insurance coverage. Consumers may even find the lowest rates are with a smaller regional carrier. They can often provide lower car insurance rates in certain areas than their larger competitors like State Farm and Allstate.

Additional information is located on the following sites:

• What is Covered by GAP Insurance? (Allstate)
• Frontal Crash Tests (iihs.org)
• Auto Crash Statistics (Insurance Information Insitute)
• Understanding Your Insurance Deductible (Insurance Information Insitute)