Cheap 1996 Chevrolet Lumina Insurance Cost

Sick and tired of not being able to afford to insure your Chevy every month? You are no different than the majority of other car owners.

Numerous car insurance companies battle to insure your vehicles, so it can be very hard to choose a company to get the cheapest price

It’s a good habit to get comparison quotes on a regular basis because prices fluctuate regularly. Even if you think you had the best deal for Lumina coverage a few years ago a different company probably has better rates today. Forget all the misinformation about auto insurance because you’re about to find out how to use online quotes to save money, get proper deductibles and limits, all at the lowest rate.

Why your Chevy Lumina insurance rates may be high

It’s important that you understand the rating factors that help determine the price you pay for car insurance. Having a good understanding of what impacts premium levels helps enable you to make changes that may reward you with lower car insurance prices.

The following are a few of the “ingredients” that factor into rates.

  • Safe vehicles cost less to insure – Safer cars get lower rates. The safest vehicles result in less severe injuries and any reduction in injury severity translates into fewer and smaller insurance claims and thus lower rates. If the Chevy Lumina 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.
  • Older drivers pay less – Teen drivers tend to be careless and easily distracted when behind the wheel so they pay higher car insurance rates. Older insureds are more cautious drivers, file fewer claims and receive fewer citations.
  • Rates may be lower depending on your job – Occupations such as doctors, architects and dentists tend to have the highest average rates because of stressful work requirements and long work days. Other occupations such as scientists, historians and retirees receive lower rates for Lumina coverage.
  • Liability coverage is peace of mind – Your policy’s liability coverage is the protection in the event that you are found liable for personal injury or accident damage. Liability insurance provides legal defense coverage starting from day one. Liability is cheap as compared to coverage for physical damage, so do not skimp.
  • Equipment add-ons that lower car insurance rates – Choosing a vehicle with a theft deterrent system can help bring down rates. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart auto theft.
  • A lapse in coverage is a bad thing – Allowing your coverage to lapse is a fast way to bump up your car insurance costs. And not only will insurance be more expensive, getting caught without coverage can result in a hefty fine and possibly a revoked license.
  • Are you male or female? – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that men are WORSE drivers than women. Women and men cause accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations like reckless driving and DUI.
  • Where you live can impact rates – Being located in small towns and rural areas can be a good thing when buying car insurance. Fewer people means fewer accidents as well as less vandalism and auto theft. Drivers who live in large cities tend to have much more traffic to deal with and a longer drive to work. Longer commute distances means more change of being in an accident.

Comprehensive Auto Insurance Comparison

There are several ways of comparing rate quotes from different insurance companies. The quickest method to compare 1996 Chevy Lumina insurance prices consists of obtaining rate quotes online. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. One of the best ways to compare a lot of rates at once is an all-inclusive rate comparison click to view form in new window. This type of form prevents you from having to do separate quotes for each company you want a rate for. In just a few minutes this one form gets rate comparisons from several companies.
  2. A less efficient way to shop for auto insurance online is to take the time to go to each company website to complete a price quote. For examples sake, let’s assume you want rates from Progressive, Liberty Mutual and Farmers. To get each rate you have to go to every website and enter your policy data, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.
  3. The most time-consuming method of comparing rate quotes is to waste gas driving to different agent offices. The internet makes this process obsolete unless you have a need for the trained guidance of a local agent. You can, however, comparison shop your insurance online and still use a local agent and we’ll cover that in a bit.

It’s your choice how you get your quotes, but make sure you use identical deductibles and coverage limits with every price quote. If you compare different values for each quote it’s impossible to determine the lowest rate for your Chevy Lumina. Having just a slight variation in insurance coverages may cause a big price difference. And when quoting auto insurance, remember that quoting more will improve the odds of getting the best price.

How can State Farm and Allstate save drivers who switch?

State Farm and Allstate constantly bombard you with television and radio advertisements. All the companies make the same claim that you’ll save big if you switch your policy. But how can every company make the same claim? This is how they do it.

Different companies can use profiling for the right customer that is profitable for them. For example, a driver they prefer might be profiled as between the ages of 30 and 50, has no tickets, and chooses high deductibles. Any driver who fits that profile will get the preferred rates and most likely will pay quite a bit less when switching companies.

Potential customers who don’t qualify for the requirements will have to pay higher premiums which leads to the driver buying from a lower-cost company. Company advertisements say “drivers who switch” but not “drivers who get quotes” save that kind of money. This is how companies can truthfully make those claims.

Because of the profiling, you should get quotes from several different companies. You cannot predict the company that will provide you with the cheapest Chevy Lumina insurance rates.

Take advantage of discounts

Insurance can be prohibitively expensive, but there are discounts available to reduce the price significantly. Certain discounts will be triggered automatically at the time you complete a quote, but a few must be requested specifically before being credited.

  • Bundle and Save – If you have multiple policies with one company you may save 10% to 20% off each policy.
  • E-sign – A handful of insurance companies will discount your bill up to fifty bucks for buying your policy over the internet.
  • Discount for New Cars – Putting insurance coverage on a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Defensive Driving Course – Taking part in a course teaching defensive driving skills can save you 5% or more and easily recoup the cost of the course.
  • Military Discounts – Being on active duty in the military could mean lower rates.
  • One Accident Forgiven – A handful of insurance companies allow you one accident without raising rates as long as you don’t have any claims for a set time period.

Drivers should understand that some credits don’t apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like all the discounts add up to a free policy, auto insurance companies aren’t that generous. Any qualifying discounts will cut your overall premium however.

For a list of providers offering auto insurance discounts, click here to view.

How to know if you need help

When buying proper insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Every insured’s situation is different so this has to be addressed. These are some specific questions may help highlight if you could use an agent’s help.

  • Will my rates increase for filing one claim?
  • Why am I required to buy high-risk coverage?
  • Am I covered when driving someone else’s vehicle?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Am I covered if I break a side mirror?
  • Do I need rental car coverage?
  • How can I find cheaper teen driver insurance?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Car insurance coverage information

Understanding the coverages of your policy can help you determine the right coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages offered by insurance companies.

Uninsured or underinsured coverage

This gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Chevy Lumina.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Frequently these coverages are similar to your liability insurance amounts.

Medical expense coverage

Coverage for medical payments and/or PIP pay for immediate expenses such as prosthetic devices, rehabilitation expenses and ambulance fees. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. It covers you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Collision coverage protection

Collision coverage pays for damage to your Lumina resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as hitting a mailbox, crashing into a ditch, backing into a parked car, sustaining damage from a pot hole and crashing into a building. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Auto liability insurance

This coverage can cover injuries or damage you cause to a person or their property in an accident. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Occasionally you may see a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as pain and suffering, legal defense fees, structural damage and court costs. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive protection

This pays for damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like rock chips in glass, damage from a tornado or hurricane and hail damage. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

More choices the merrier

As you go through the steps to switch your coverage, do not sacrifice coverage to reduce premiums. In many instances, an accident victim reduced physical damage coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your aim should be to purchase a proper amount of coverage at the best price while still protecting your assets.

We just presented a lot of ways to save on 1996 Chevy Lumina insurance. The key concept to understand is the more you quote, the better your chances of lowering your rates. Consumers may even find the best price on auto insurance is with some of the lesser-known companies. Some small companies may often insure only within specific states and give getter rates than their larger competitors like State Farm, Geico and Nationwide.

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