2004 Chevrolet Classic Insurance Quotes

Have you fallen victim to an overpriced auto insurance policy? Believe me when I say there are many people just like you.

Lots of car insurance companies contend for your insurance dollar, so it can be very hard to choose a company to find the best price available.

It’s smart to check auto insurance prices quite often because rates change frequently. Just because you found the best price for Classic insurance six months ago you can probably find a lower rate today. There is too much inaccurate information about auto insurance on the internet, so I’m going to show you some great ways to quit paying high auto insurance rates.

If you currently have car insurance, you will be able to save some money using this strategy. Finding the best rates is not that difficult. Although drivers can benefit by having an understanding of the way insurance companies sell insurance online because it can help you find the best coverage.

Insurance Quote Comparison

The are a couple different ways of comparing rate quotes and find the best price. The easiest way to find the lowest 2004 Chevy Classic rates involves getting comparison quotes online. This is very easy and can be done using a couple different methods.

  1. The most efficient way to get quotes for comparison is an all-inclusive rate comparison like this one (opens in new window). This method saves time by eliminating separate forms for each company you want a rate for. One simple form gets you price quotes from all major companies.
  2. A more difficult way to find lower rates requires you to visit each company’s website and fill out their own quote form. For examples sake, let’s assume you want comparison quotes from State Farm, 21st Century and Farmers. To find out each rate you need to visit each site and enter your information, which is why most consumers use the first method. To view a list of companies in your area, click here.

However you get your quotes, compare identical coverage limits and deductibles for every company. If you enter unequal deductibles or liability limits then you won’t be able to truly determine the lowest rate. Slightly different insurance coverages may result in a large different in cost. And when comparing insurance rates, know that quoting more will increase your chances of finding the best rates.

Are you getting all your discounts?

Car insurance is not cheap, but companies offer discounts that you may not even be aware of. Most are applied at the time of purchase, but a few need to be asked about before they will apply.

  • Anti-lock Brake System – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.
  • Discount for Good Grades – Performing well in school can save 20 to 25%. Earning this discount can benefit you up until you turn 25.
  • Federal Employees – Simply working for the federal government may qualify you for a discount for Classic insurance with select insurance companies.
  • Own a Home – Owning a house may trigger a insurance policy discount due to the fact that maintaining a home shows financial diligence.
  • Multi-policy Discount – If you have multiple policies with one insurance company you may save at least 10% off all policies.
  • Paperless Signup – A handful of insurance companies may give you up to $50 for buying your policy online.
  • Safe Driver Discount – Insureds without accidents can pay as much as 50% less for Classic insurance than their less cautious counterparts.

It’s important to understand that most of the big mark downs will not be given to the entire policy premium. Most only apply to individual premiums such as comp or med pay. Just because it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way. But all discounts will reduce your overall premium however.

To see a list of insurers offering insurance discounts, click here to view.

Pieces of the Chevy Classic insurance rate puzzle

An important part of buying insurance is that you know the factors that come into play when calculating the price you pay for insurance. Knowing what controls the rates you pay helps enable you to make changes that can help you get big savings.

The list below includes some of the items that factor into your rates.

  • No coverage gaps is important – Driving with no insurance can get your license suspended and your next policy will cost more because you let your coverage lapse. Not only will rates go up, failure to provide proof of insurance can result in a steep fine or even jail time.
  • High deductibles save money – The deductibles represent how much money you are willing to pay in the event of a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. A few examples of covered claims are colliding with a building, collision with an animal, and windstorm damage. The more expense you have to pay, the bigger discount you will receive for Classic insurance.
  • Higher safety ratings means cheaper insurance – Vehicles with high crash test scores get lower rates. These vehicles protect occupants better and fewer injuries means lower claim amounts and more competitive rates for policyholders. If your Chevy scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Pleasure use saves money – The more you drive every year the more you’ll pay to insure your vehicle. Most companies price each vehicle’s coverage based upon how you use the vehicle. Vehicles used primarily for pleasure use receive lower rates as compared to vehicles used primarily for driving to work. Double check that your insurance policy shows the correct driver usage, because improper ratings can cost you money. Incorrect usage on your Classic can result in significantly higher rates.
  • Don’t sacrifice liability coverage – Liability insurance is the protection if ever a court rules you are at fault for causing damage or personal injury in an accident. It will provide you with a defense in court starting from day one. This coverage is very inexpensive compared to physical damage coverage, so buy as much as you can afford.
  • Teen drivers pay high rates – More mature drivers tend to be more responsible, tend to cause fewer accidents and are safer drivers. Youthful drivers are known to get distracted easily when driving and because of this, their insurance rates are much higher.

Tailor your coverage to you

When it comes to buying adequate coverage, there really is not a cookie cutter policy. Every insured’s situation is different so your insurance should reflect that For instance, these questions might point out if you would benefit from professional advice.

  • Is my teenager covered with friends in the car?
  • What is high-risk coverage and where do I buy it?
  • How much liability coverage do I need in my state?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What is the ISO rating for a 2004 Chevy Classic?
  • Do I need an umbrella policy?
  • What is the difference between comprehensive and collision coverage?
  • How high should deductibles be on a 2004 Chevy Classic?
  • Am I covered when pulling a rental trailer?
  • What are the financial responsibility laws in my state?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

Insurance coverage basics

Learning about specific coverages of a insurance policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages available from insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these limits are identical to your policy’s liability coverage.

Comprehensive auto coverage

This coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as theft, rock chips in glass and a broken windshield. The highest amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto liability

Liability insurance can cover injuries or damage you cause to people or other property. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as emergency aid, structural damage, medical services and pain and suffering. How much coverage you buy is up to you, but you should buy as much as you can afford.

Collision insurance

This coverage will pay to fix damage to your Classic resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like sideswiping another vehicle, sustaining damage from a pot hole, crashing into a ditch and crashing into a building. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for immediate expenses such as rehabilitation expenses, pain medications and X-ray expenses. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

More quotes mean more savings

We’ve covered some good ideas how you can lower your 2004 Chevy Classic insurance rates. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. Consumers could even find that the lowest priced auto insurance comes from the smaller companies. They can often insure niche markets at a lower cost as compared to the big name companies such as Progressive and Geico.

Budget-conscious insurance is available on the web in addition to many insurance agents, and you need to price shop both to have the best selection. Some auto insurance companies do not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.

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