How Much Does 2001 Chevrolet Lumina Insurance Cost?

Looking for the cheapest insurance coverage rates for your Chevrolet Lumina? Finding cheaper insurance coverage might be frustrating for beginners to online comparison shopping. Consumers have so many different companies and agents to choose from that it can quickly become a ton of work to find better prices.

Compare free auto insurance quotes

Effectively comparing auto insurance prices can be a lot of work if you don’t utilize the most efficient way to do it. You can waste a few hours (or days) talking to insurance agencies in your area, or you can stay home and use online quotes to get rates in a matter of minutes.

Most major companies belong to an insurance system where prospective buyers only type in their quote data once, and every company can provide price quotes based on that data. This eliminates the need for form submissions to each company.

To use this form to compare rates click here (opens in new window).

One minor caviat to using this type of system is you don’t know exactly the companies you want to price. If you prefer to choose specific providers to compare rates, we put together a list of low cost auto insurance companies in your area. Click here to view list.

How you compare quotes is your choice, just make sure you use the exact same information with each company. If you compare higher or lower deductibles it will be impossible to get a fair rate comparison. Slightly different insurance coverages or limits could mean much higher rates. And when quoting auto insurance, remember that comparing a large number of companies will improve the odds of getting more affordable insurance. Some smaller insurers to not give online rate quotes, so it’s necessary to compare rates from them, too.

Tailor your insurance coverage to you

When choosing the right insurance coverage for your vehicles, there really is no perfect coverage plan. Every insured’s situation is different.

These are some specific questions may help you determine if you could use an agent’s help.

• Is a fancy paint job covered?
• What is covered by UM/UIM coverage?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• Am I covered if I hit my neighbor’s mailbox?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• What is the difference between comprehensive and collision coverage?
• Can I rent a car in Mexico?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form.

Specific coverages for a Chevy Lumina

Knowing the specifics of car insurance helps when choosing which coverages you need for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Medical payments and PIP coverage

Med pay and PIP coverage pay for short-term medical expenses for nursing services, X-ray expenses, ambulance fees, hospital visits and rehabilitation expenses. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as hitting a bird, fire damage, theft, rock chips in glass and damage from getting keyed. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Chevy Lumina.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto liability insurance

This coverage provides protection from damage or injury you incur to a person or their property by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability can pay for claims like pain and suffering, repair costs for stationary objects, structural damage, legal defense fees and court costs. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Auto collision coverage

This coverage will pay to fix damage to your Lumina resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as backing into a parked car, damaging your car on a curb, sideswiping another vehicle, hitting a parking meter and rolling your car. Collision is rather expensive coverage, so consider dropping it from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.