1991 Chevrolet Corvette Insurance Quotes

Shoppers have options when shopping for affordable Chevy Corvette insurance. They can either waste time driving around to compare prices or leverage the internet to compare rates. There is a better way to shop for insurance coverage and we’ll show you the absolute fastest way to compare rates on a Chevy and get the best price possible from local insurance agents and online providers.

Discounts are basically free money

Auto insurance companies don’t list every available discount in a way that’s easy to find, so we took the time to find some of the more common as well as the least known savings tricks you should be using. If you aren’t receiving every discount you qualify for, you’re paying more than you need to.

  • Clubs and Organizations – Affiliation with a qualifying organization is a good way to get lower rates when shopping for insurance on Corvette coverage.
  • Student Driver Training – Require your teen driver to take driver’s ed class if it’s offered in school.
  • E-sign – Certain companies may give you up to $50 for buying a policy and signing up on their website.
  • College Student – Any of your kids who live away from home without a vehicle on campus can be insured at a reduced rate.
  • No Charge for an Accident – A few companies permit an accident without raising rates as long as you don’t have any claims for a particular time prior to the accident.
  • 55 and Retired – Older drivers may qualify for a discount up to 10% on Corvette coverage.
  • Discount for Life Insurance – Some companies give better rates if you take out life insurance.
  • Multiple Cars – Buying coverage for all your vehicles on one policy qualifies for this discount.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle their seat belts could cut 10% or more off your medical payments premium.

A little note about advertised discounts, most credits do not apply to the entire cost. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So despite the fact that it appears adding up those discounts means a free policy, it doesn’t quite work that way.

Companies that possibly offer some of the above discounts include:

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. Discounts might not apply in your state.

Which insurance is the “right” coverage?

When choosing the best insurance coverage coverage for your personal vehicles, there is no cookie cutter policy. Each situation is unique.

For example, these questions might point out if your insurance needs might need professional guidance.

  • What if I total my 1991 Chevy Corvette and owe more than it’s worth?
  • Do I need special endorsements for business use of my vehicle?
  • Should I have combined single limit or split liability limits?
  • Should I bundle my homeowners policy with my auto?
  • Is rental equipment covered for theft or damage?
  • Does coverage extend to a rental car in a foreign country?
  • What discounts do I qualify for?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form. It only takes a few minutes and you can get the answers you need.

Insurance ads bend the truth

Drivers can’t ignore all the ads for the lowest price auto insurance by 21st Century, Allstate and State Farm. They all seem to say the same thing that you’ll save big if you change to their company.

But how can every company say the same thing?

All the different companies have a certain “appetite” for the driver that makes them money. For instance, a desirable insured might be over the age of 50, a clean driving record, and drives less than 7,500 miles a year. A customer who fits that profile will qualify for the lowest rates and most likely will save quite a bit of money when switching.

Potential insureds who fall outside the “perfect” profile must pay a higher premium and this can result in the customer not buying. The ads say “customers that switch” not “everyone that quotes” save money. That’s why companies can truthfully advertise the way they do. This illustrates why it’s extremely important to get quotes from several different companies. It’s just too difficult to predict which company will give you the biggest savings on Chevy Corvette insurance.

Insurance coverages 101

Understanding the coverages of insurance helps when choosing the right coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

Coverage for liability

Liability insurance can cover damage or injury you incur to people or other property that is your fault. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage pays for claims like emergency aid, court costs and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive (Other than Collision)

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 such as vandalism, falling objects 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 removing comprehensive coverage.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like doctor visits, hospital visits, surgery and prosthetic devices. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Coverage for collisions

Collision insurance will pay to fix damage to your Corvette from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as crashing into a building, sideswiping another vehicle, scraping a guard rail and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your 1991 Chevy Corvette.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

The bottom line

You just learned some good ideas how to get a better price on 1991 Chevy Corvette insurance. The key thing to remember is the more price quotes you have, the higher your chance of finding lower rates. Drivers may discover the lowest premiums are with the smaller companies.

When trying to cut insurance costs, never skimp on critical coverages to save a buck or two. In many instances, an accident victim reduced comprehensive coverage or liability limits only to discover later that the few dollars in savings costed them thousands. Your strategy should be to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

Drivers leave their current company for many reasons like delays in responding to claim requests, high rates after DUI convictions, an unsatisfactory settlement offer and even policy cancellation. Regardless of your reason for switching companies, finding the right auto insurance provider can be easier than you think.

Much more information about auto insurance is available below: