Buying car insurance is not a chore drivers love to do, but all states require it to legally drive.
It’s smart to shop coverage around at least once a year because insurance rates are rarely the same from one policy term to another. Even if you got the lowest rates on Prizm insurance last year you can probably find a lower rate today. So forget anything you know (or think you know) about insurance coverage because it’s time to teach you the things you must know in order to properly buy coverages and cut your premium.
Insuring your vehicles can cost a lot, but there are discounts available that many people don’t even know exist. Larger premium reductions will be automatically applied when you complete an application, but some may not be applied and must be inquired about before being credited.
It’s important to note that some credits don’t apply to your bottom line cost. Some only apply to individual premiums such as liability and collision coverage. So even though it sounds like all the discounts add up to a free policy, you’re out of luck. Any amount of discount will cut your premiums.
To see a list of insurance companies who offer insurance coverage discounts, click here.
There are multiple methods to shop for 1998 Chevy Prizm insurance coverage, but one way is more efficient than others. You can spend your afternoon discussing policy coverages with insurance agencies in your area, or you could save time and use online quoting to get rates in a matter of minutes.
Most car insurance companies are enrolled in a marketplace that allows shoppers to enter their policy data once, and each participating company then returns a price quote based on that data. This saves time by eliminating repetitive form submissions to every company. To compare 1998 Chevy Prizm rates now click to open in new window.
The single downside to using this type of form is that you can’t choose the insurers you want pricing from. If you prefer to choose specific insurance companies to compare prices, we have assembled a list of companies who write insurance coverage in your area. Click here for list of insurance companies.
Whichever way you use, ensure you’re using exactly the same coverages and limits with each company. If you compare different deductibles it’s impossible to find the best deal for your Chevy Prizm. Just a small difference in insurance coverages can make a big difference in price. Just keep in mind that comparing more company’s prices will increase your chances of finding a better price.
When choosing the best auto insurance coverage, there is no perfect coverage plan. Everyone’s situation is a little different.
For instance, these questions could help you determine whether your personal situation will benefit from professional help.
If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. To find an agent in your area, simply complete this short form.
Learning about specific coverages of your car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.
Comprehensive coverages – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims like damage from flooding, falling objects, fire damage, damage from getting keyed and hitting a bird. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.
Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 1998 Chevy Prizm.
Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Auto liability – This coverage will cover damage that occurs to people or other property. It protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage pays for things like pain and suffering, court costs, structural damage, legal defense fees and emergency aid. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford.
Collision – Collision insurance covers damage to your Prizm resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.
Collision coverage pays for claims like hitting a parking meter, rolling your car, colliding with a tree, damaging your car on a curb and colliding with another moving vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to increase the deductible to get cheaper collision coverage.
Coverage for medical payments – Coverage for medical payments and/or PIP kick in for bills such as nursing services, prosthetic devices, chiropractic care, dental work and ambulance fees. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible
You just read a lot of information how to save on 1998 Chevy Prizm insurance. The key concept to understand is the more times you quote, the better chance you’ll have of finding lower rates. You may even find the best price on car insurance is with a company that doesn’t do a lot of advertising.
Discount insurance can be purchased both online and with local insurance agents, and you should compare price quotes from both so you have a total pricing picture. A few companies do not offer online price quotes and many times these small insurance companies only sell through independent insurance agents.
People switch companies for a number of reasons such as being labeled a high risk driver, high rates after DUI convictions, policy non-renewal or even delays in responding to claim requests. It doesn’t matter what your reason, choosing a new company is pretty simple and you could end up saving a buck or two.
Much more information about car insurance can be read below: