2002 Chevrolet Camaro Insurance Rates – 7 Tricks for Best Quotes

Searching for lower auto insurance rates for your Chevrolet Camaro? Did you fall for a flashy sales pitch and buy high-priced auto insurance? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out. Insurance companies such as Geico, 21st Century and Progressive increase brand awareness with advertising and consumers find it hard to see through the deception and do the work needed to find the best deal.

Consumers need to check auto insurance prices occasionally because prices go up and down regularly. Despite the fact that you may have had the best price for Camaro insurance a couple years back you may be paying too much now. So just forget all the misinformation about auto insurance because you’re about to learn the easiest way to properly buy coverages and cut your premium.

If you are insured now or are looking for a new policy, you can learn to get lower rates while maximizing coverage. Buying car insurance is quite easy. Vehicle owners just need to understand the most efficient way to shop their coverage around online.

The best way we recommend to get policy rate comparisons is to take advantage of the fact car insurance companies participate in online systems to quote your coverage. To begin a comparison, all you need to do is provide a little information including level of coverage desired, how old drivers are, the type of vehicles you drive, and how you use your vehicles. The data gets sent immediately to multiple insurance coverage providers and they provide comparison quotes instantly to find the best rate.

To check rates for your Chevy Camaro , click here then complete the form.

Don’t miss out on these seven money-saving discounts

Car insurance can cost a lot, buy you may qualify for discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you purchase, but a few need to be asked about in order for you to get them. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • Use Seat Belts – Requiring all passengers to buckle their seat belts could cut 10% or more off your medical payments premium.
  • Federal Government Employee – Active or retired federal employment may qualify you for a discount for Camaro insurance depending on your company.
  • Discount for Swiching Early – Some companies give discounts for switching policies before your current expiration date. The savings is around 10%.
  • Auto/Life Discount – Larger companies have better rates if you take out life insurance.
  • Defensive Driver – Completing a defensive driving course could cut 5% off your bill if your company offers it.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can reduce accidents and therefore earn up to a 10% discount.

As a disclaimer on discounts, most credits do not apply to the entire policy premium. Most only cut the cost of specific coverages such as medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, car insurance companies aren’t that generous. But any discount will bring down your premiums.

Companies that may have some of the above discounts are:

Before buying, ask each insurance company which discounts they offer. Discounts may not apply in your area.

Do I need special coverages?

When it comes to buying adequate coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s situation is unique and your policy should reflect that. For example, these questions may help highlight if your situation might need an agent’s assistance.

  • If my pet gets injured in an accident are they covered?
  • Are rock chip repairs covered?
  • What is UM/UIM insurance?
  • Does my insurance cover a custom paint job?
  • Can my teen driver be rated on a liability-only vehicle?
  • Is my vehicle covered by my employer’s policy when using it for work?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Auto insurance ads bend the truth

Consumers can’t get away from ads for car insurance savings from the likes of Allstate, Geico and Progressive. All the ads say the same thing about savings after switching your coverage to them.

How do they all make the same claim? This is how they do it.

All companies have a preferred profile for the right customer that earns them a profit. For example, a driver they prefer could be a mature driver, a clean driving record, and drives less than 7,500 miles a year. Any new insured that hits that “sweet spot” will qualify for the lowest rates and as a result will probably save when they switch companies.

Potential customers who fall outside these standards must pay higher prices and ends up with the driver buying from a lower-cost company. The ad wording is “people who switch” not “people who quote” save that much. This is how insurance companies can advertise the savings.

This illustrates why it’s extremely important to get a wide range of price quotes. It’s impossible to know which insurance companies will fit your personal profile best.

Specific coverage details

Having a good grasp of your policy aids in choosing which coverages you need at the best deductibles and correct limits. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverage types available from insurance companies.

Uninsured and underinsured coverage

Your UM/UIM coverage provides 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 Camaro.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these limits are similar to your liability insurance amounts.

Coverage for liability

Liability coverage protects you from damage that occurs to other’s property or people by causing an accident. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like attorney fees, medical expenses and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Comprehensive coverages

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like hail damage, hitting a bird and vandalism. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for bills like pain medications, hospital visits, EMT expenses and doctor visits. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

This coverage pays for damage to your Camaro caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things such as colliding with a tree, scraping a guard rail, crashing into a building, damaging your car on a curb and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Cheaper insurance is a realistic goal

As you restructure your insurance plan, it’s not a good idea to buy poor coverage just to save money. There are many occasions where drivers have reduced liability limits or collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase a proper amount of coverage for the lowest price while not skimping on critical coverages.

In this article, we presented many ways to lower your 2002 Chevy Camaro insurance rates. The key concept to understand is the more you quote, the higher the chance of saving money. Drivers may discover the best price on car insurance is with a lesser-known regional company. Regional companies can often provide lower rates in certain areas than their larger competitors like Allstate and Progressive.

Lower-priced insurance is possible both online and with local insurance agents, and you need to price shop both in order to have the best price selection to choose from. Some car insurance companies do not offer you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

Additional car insurance information is available at these links: