Cheaper 1995 Chevrolet Lumina Minivan Insurance Rates

Shoppers have lots of choices when shopping for low-cost Chevy Lumina Minivan insurance. They can either waste time driving around to get rate comparisons or save time using the internet to make rate comparisons.

There are both good and bad ways to find car insurance online and we’ll show you the absolute fastest way to quote coverages for a new or used Chevy and locate the best price possible either online or from local insurance agents.

It’s a good habit to compare prices on a regular basis due to the fact that insurance rates fluctuate regularly. Even if you got the best rates for Lumina Minivan coverage a few years ago a different company probably has better rates today. Starting right now, forget anything you know (or think you know) about car insurance because you’re going to learn the fastest way to find lower rates on car insurance.

If you are insured now or are just looking to switch companies, you can use these tips to get lower rates while maximizing coverage. This information will familiarize you with the most effective way to quote insurance and some money-saving tips. Drivers just need to know the proper way to buy auto insurance over the internet.

The method we recommend to compare insurance rates from multiple companies is to realize most larger insurance companies have advanced systems to give you rate quotes. All you need to do is give them some information such as driver ages, if you lease or own, level of coverage desired, and how much education you have. Your rating data is instantly submitted to insurance companies and you receive quotes instantly to find the best rate.

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Don’t miss out on these money-saving discounts

Insuring your fleet can be pricey, but there are discounts available to help bring down the price. Some discounts apply automatically at the time of quoting, but less common discounts must be manually applied before they will apply. If you aren’t receiving every discount possible, you are throwing money away.

  • Anti-lock Brake System – Vehicles with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.
  • Government Employees – Simply working for the federal government can earn a discount up to 10% for Lumina Minivan coverage with certain companies.
  • Distant Student – Any of your kids who are attending college and don’t have a car can be insured at a reduced rate.
  • Pay Now and Pay Less – If you pay your bill all at once instead of making monthly payments you could save up to 5%.
  • Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education if it’s offered in school.
  • Drive Safe and Save – Insureds without accidents can pay as much as 50% less for Lumina Minivan coverage than drivers with accident claims.
  • Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can get savings of up to 25% or more.

Consumers should know that most credits do not apply to your bottom line cost. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you could get a free insurance coverage policy, insurance coverage companies aren’t that generous. But any discount will bring down the cost of coverage.

Car insurance companies that possibly offer these discounts may include but are not limited to:

Check with each company which discounts they offer. Discounts might not apply in your state.

Do I need special coverages?

When buying adequate coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.

For instance, these questions can help discover whether your personal situation may require specific advice.

  • How high should deductibles be on a 1995 Chevy Lumina Minivan?
  • Should I have a commercial auto policy?
  • What is medical payments coverage?
  • Should I bundle my homeowners policy with my auto?
  • Will filing a claim cost me more?
  • Is a blown tire covered by insurance?

If you can’t answer these questions but one or more may 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. It only takes a few minutes and you can get the answers you need.

Chevy Lumina Minivan rate determination is complex

Smart consumers have a good feel for some of the elements that play a part in calculating the price you pay for insurance coverage. Having a good understanding of what impacts premium levels allows you to make educated decisions that may reward you with better insurance coverage rates.

Shown below are a few of the “ingredients” companies use to determine rates.

  • A clean driving record saves money – Whether or not you get tickets impacts your car insurance rates tremendously. Drivers with clean records receive lower rates than their less careful counterparts. Even a single speeding ticket may increase your cost by twenty percent. Drivers with dangerous tickets such as hit and run, DWI or reckless driving convictions are required to file a SR-22 with their state motor vehicle department in order to prevent a license revocation.
  • Do you qualify for a multi-policy discount? – Some insurance coverage companies give discounts to insureds who consolidate policies with them. It’s known as a multi-policy discount. Discounts can amount to ten or even up to twenty percent in some cases. Even with this discount, it’s still a good idea to compare rates to make sure you are getting the best deal. Drivers may still find a better deal by splitting coverages up.
  • Always keep insurance in force – Allowing your insurance coverage policy to lapse is a fast way to pay more for insurance coverage. And not only will insurance be more expensive, but not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.You may have to file a SR-22 with your state motor vehicle department.
  • Do you need the policy add-ons? – There are many add-on coverages that can waste your money on your insurance coverage policy. Things like vanishing deductibles, accident forgiveness and term life insurance may be costing you every month. These may sound like a good investment at first, but if they’re wasting money remove them from your policy.
  • Safer cars cost less to insure – Safer cars tend to have better insurance rates. Safer cars have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims and thus lower rates. If the Chevy Lumina Minivan earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Lower rates with optional equipment – Choosing a vehicle that has an advanced theft prevention system can get you a discount on your insurance coverage. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart car theft.
  • Increase deductibles and save – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Chevy from damage. Examples of covered claims could be a windshield shattered by a rock, damage caused by hail, and burglary. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket before a claim is paid by your company. The more expense you’re willing to pay, the bigger discount you will receive for Lumina Minivan coverage.
  • Your job and insurance rates – Careers like real estate brokers, business owners and financial analysts tend to pay higher average rates due to high stress levels and long work days. Conversely, jobs such as farmers, engineers and retirees have the lowest average rates for Lumina Minivan coverage.

Insurance coverages and their meanings

Knowing the specifics of insurance helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy.

Collision – This covers damage to your Lumina Minivan resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as backing into a parked car, driving through your garage door, colliding with a tree, rolling your car and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive coverage – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as damage from flooding, falling objects and hail damage. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like rehabilitation expenses, chiropractic care and pain medications. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Auto liability – Liability insurance can cover damages or injuries you inflict on people or other property in an accident. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Occasionally you may see a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as bail bonds, legal defense fees and court costs. How much liability should you purchase? That is your choice, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Chevy Lumina Minivan.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

At the end of the day…

In this article, we presented many ways to lower your 1995 Chevy Lumina Minivan insurance rates. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding lower rates. You may even find the most savings is with an unexpected company.

Consumers change insurance companies for a variety of reasons including delays in paying claims, policy non-renewal, high prices or even high rates after DUI convictions. It doesn’t matter why you want to switch choosing a new company is actually quite simple.

Affordable insurance is definitely available both online and also from your neighborhood agents, so compare prices from both to have the best rate selection. Some insurance companies may not provide online price quotes and these small, regional companies work with independent agents.

Additional detailed information is available at these sites:

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