1993 Chevrolet Camaro Insurance Rates – 8 Discounts for Best Quotes

Want lower insurance rates for your Chevrolet Camaro? Are you a victim of overpriced insurance? Trust us, you are not the only one feeling buyer’s remorse.

There is such a variety of auto insurance companies to insure vehicles with, and even though it’s nice to have a choice, it makes it harder to find the best rates for your vehicles.

You should take the time to compare prices yearly due to the fact that insurance rates fluctuate regularly. Even if you got the lowest price for Camaro insurance a year ago you can probably find a better price now. There is too much inaccurate information about insurance online but with this article, you’re going to get some of the best ways to buy insurance cheaper.

These eight discounts can lower your rates

Car insurance can cost a lot, but there could be available discounts that can drop the cost substantially. A few discounts will automatically apply at quote time, but some must be manually applied before being credited.

  • Discount for Life Insurance – Companies who offer life insurance give better rates if you take out life insurance from them.
  • Multiple Cars – Insuring all your vehicles on one policy could earn a price break for each car.
  • Seat Belts Save more than Lives – Drivers who require all occupants to wear their seat belts can save up to 15% off your medical payments premium.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
  • Save over 55 – If you’re over the age of 55, you may qualify for a discount up to 10% for Camaro insurance.
  • Organization Discounts – Participating in a professional or civic organization could trigger savings on your policy for Camaro insurance.
  • Homeowners Savings – Owning a home may earn you a small savings because maintaining a house is proof that your finances are in order.
  • Sign Early and Save – A few companies offer discounts for buying a policy before your current expiration date. It can save you around 10%.

It’s important to note that most of the big mark downs will not be given to the entire policy premium. Some only reduce the cost of specific coverages such as medical payments or collision. So when it seems like it’s possible to get free car insurance, companies don’t profit that way. Any qualifying discounts will help reduce the cost of coverage.

For a list of insurance companies with the best auto insurance discounts, click here.

Different people need different coverages

When choosing the best insurance coverage for your personal vehicles, there really is no one size fits all plan. Each situation is unique and your policy should reflect that. For example, these questions may help highlight whether you would benefit from an agent’s advice.

  • Can I afford low physical damage deductibles?
  • Is upholstery damage covered by car insurance?
  • Is my nanny covered when driving my vehicle?
  • What is PIP insurance?
  • What is the ISO rating for a 1993 Chevy Camaro?
  • Should I carry comprehensive and collision coverage?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Is my teenager covered with friends in the car?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Is my state a no-fault state?

If you’re not sure about those questions, you may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.

The insurance bait and switch

Progressive, Geico, Allstate and State Farm consistently run ads in print and on television. All the companies make an identical promise about savings if you change to their company. How do they all make the same claim?

All companies can use profiling for the type of driver they prefer to insure. For example, a desirable insured might be a mature driver, is a homeowner, and drives less than 10,000 miles a year. A driver who matches those parameters gets the lowest rates and is almost guaranteed to save when switching.

Potential insureds who do not match these standards will have to pay a more expensive rate and this can result in business going elsewhere. Company advertisements say “customers that switch” but not “drivers who get quotes” save money. That’s why insurance companies can claim big savings.

Because of the profiling, drivers should get quotes from several different companies. It’s not possible to predict which company will give you the biggest savings on Chevy Camaro insurance.

Coverage specifics

Learning about specific coverages of your policy can be of help when determining the best coverages for your vehicles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages available from car insurance companies.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for bills for chiropractic care, rehabilitation expenses, prosthetic devices, X-ray expenses and ambulance fees. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible

Collision coverages – Collision insurance will pay to fix damage to your Camaro from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things like sideswiping another vehicle, backing into a parked car, hitting a parking meter and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to save money on collision insurance.

Auto liability – This provides protection from damage that occurs to other people or property that is your fault. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different 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 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability can pay for things like structural damage, emergency aid and pain and suffering. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Comprehensive coverages – Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as theft, hitting a bird and falling objects. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage – Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Chevy Camaro.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Most of the time these limits do not exceed the liability coverage limits.

Smart consumers save more

We’ve covered a lot of information how to get a better price on 1993 Chevy Camaro insurance. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. Drivers may discover the lowest priced insurance comes from a smaller regional carrier. These smaller insurers can often provide lower rates in certain areas than their larger competitors like State Farm and Allstate.

When you buy insurance online, do not reduce coverage to reduce premium. In many instances, consumers will sacrifice uninsured motorist or liability limits only to regret they didn’t have enough coverage. Your goal should be to buy enough coverage at an affordable rate, not the least amount of coverage.

Additional information