Consumers have lots of choices when looking for affordable Chevy Lumina insurance. They can either spend hours calling around getting price quotes or save time using the internet to compare rates.
There is a right way and a wrong way to compare car insurance rates so you’re going to learn the proper way to quote coverages on a Chevy and locate the lowest price.
Where Can I Get Cheap Car Insurance?
All the larger car insurance companies such as Allstate and Progressive quote price estimates online. The process doesn’t take much effort as you simply type in your required coverages into a form. Once you submit the form, the system orders your credit score and driving record and returns a price.
Online price quotes helps simplify price comparisons, but the work required to visit multiple sites and fill out multiple forms gets old quite quickly. But it is imperative to have as many quotes as possible in order to get lower prices.
A quicker way to locate the lowest prices makes use of a single form to obtain quotes from several different companies. The form is fast, requires less work, and makes comparison shopping a lot less work. As soon as you send your information, it is rated with multiple companies and you can pick any of the price quotes you receive.
If a lower price is quoted, it’s easy to complete the application and buy the policy. The whole process can be completed in less than 10 minutes and you will find out if you’re overpaying now.
To quickly find out if lower rates are available, click here to open in a new tab and fill out the form. If you currently have coverage, we recommend you copy your coverages identical to your current policy. Doing this assures you will be getting comparison quotes for similar insurance coverage.
Verify you’re getting all your discounts
Insuring your fleet can be pricey, but there are discounts available to cut the cost considerably. Some discounts apply automatically at the time you complete a quote, but some must be requested specifically prior to getting the savings.
- Life Insurance Discount – Larger companies have better rates if you take out a life insurance policy as well.
- Homeowners Savings – Simply owning a home may earn you a small savings because owning a home requires personal responsibility.
- Discount for Swiching Early – Some companies give discounts for switching policies before your current policy expires. The savings is around 10%.
- Pay Upfront and Save – If paying your policy premium upfront instead of monthly or quarterly installments you could save up to 5%.
- Discount for New Cars – Adding a new car to your policy can save up to 30% compared to insuring an older model.
- Claim Free – Claim-free drivers pay much less when compared to frequent claim filers.
- Anti-theft System – Vehicles with anti-theft systems can help prevent theft and earn discounts up to 10%.
- Passive Restraints – Vehicles with factory air bags or automatic seat belts can qualify for discounts of up to 25% or more.
- Sign Online – A handful of insurance companies will discount your bill up to fifty bucks for buying your policy digitally online.
Consumers should know that most credits do not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as liability, collision or medical payments. Just because you may think you would end up receiving a 100% discount, you’re out of luck. Any qualifying discounts will cut the amount you have to pay.
To see a list of providers who offer car insurance discounts, follow this link.
Buying car insurance locally
Certain consumers would rather buy from a licensed agent. The biggest benefit of getting online price quotes is you may find lower rates and still choose a local agent. Buying from local businesses is important particularly if you live in a smaller city or town.
By using this simple form, your insurance coverage information is immediately sent to participating agents who will compete for your coverage. There is no need to drive around since price quotes are sent straight to your inbox. How cool is that?! You can find the lowest rates without the usual hassles of price shopping.
Insurance agents come in two flavors
If you’re trying to find a good insurance agency, you must know there are a couple types of insurance agents that you can select. agents are classified as either captive or independent.
Independent Agents (or Brokers)
Independent agents are not locked into one company so they can insure your vehicles with lots of companies enabling the ability to shop coverage around. To transfer your coverage to a different company, the agent simply finds a different carrier without you having to go to a different agency. When searching for an agent, you should always contact several independent insurance agents for maximum quote selection.Many can place coverage with lesser-known insurance companies which can be an advantage.
Captive Insurance Agents
This type of agents are contracted to one company such as State Farm or Allstate. They generally cannot compare other company’s rates so keep that in mind. Captives are usually quite knowledgeable on the products they sell and that can be a competitive advantage. Some consumers prefer to buy from captive agents mainly due to the prominence of the brand and strong financial ratings.
To view a complete directory of insurance agencies, click here.
Selecting an insurance agency needs to be determined by more than just a low price. Ask your prospective agent these questions:
- Do they carry Errors and Omissions coverage?
- How many years of experience in personal lines insurance coverages do they have?
- Is the agency involved in supporting local community causes?
- Did they already check your driving record and credit reports?
- Is assistance available after office hours?
- Does the company allow you to choose your own collision repair facility?
- If they are an independent agency, which companies do they recommend?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
After getting answers to your satisfaction as well as a affordable price, it’s possible that you found an insurance agent that can properly insure your vehicles.
Do I just need basic coverages?
When choosing the right insurance coverage, there isn’t really a “perfect” insurance plan. Everyone’s situation is a little different.
For instance, these questions can aid in determining whether your personal situation would benefit from professional advice.
- Should I rate my Chevy Lumina as pleasure use or commute?
- Do I have any recourse if my insurance company denies a claim?
- What are the best liability limits?
- What can I do if my company won’t pay a claim?
- Am I covered when driving in Canada or Mexico?
- Will I be non-renewed for getting a DUI or other conviction?
- Am I covered when using my vehicle for business?
- Do I need rental car coverage?
If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form.
Chevy Lumina rates are complex
It’s important that you understand the rating factors that help determine your car insurance rates. Knowing what impacts premium levels enables informed choices that will entitle you to lower car insurance prices.
The following are a partial list of the pieces car insurance companies consider when setting prices.
- Occupation reflects on rates – Did you know your occupation can influence how much you pay for car insurance? Occupations like doctors, executives and accountants are shown to have higher rates than average attributed to stressful work requirements and lots of time spent at work. On the flip side, occupations such as scientists, athletes and homemakers pay the least on Lumina coverage.
- Bad driving skills means higher rates – Your driving citation history has a lot to do with how much you pay for insurance. Drivers with clean records have lower premiums than people who have multiple driving citations. Just one ticket may increase your cost forty percent or more. Drivers who have severe citations such as hit and run, DWI or reckless driving convictions may need to file a SR-22 with their state motor vehicle department in order to drive a vehicle legally.
- Pay less if you’re married – Having a wife or husband actually saves money on your car insurance policy. Having a spouse usually means you are more responsible and statistics show married drivers get in fewer accidents.
- Don’t buy coverages you don’t need – There are quite a few additional coverages that can waste your money when buying car insurance. Insurance for rental car reimbursement, accident forgiveness and additional equipment coverage may be wasting your money. These may sound like a good investment initially, but now you might not need them so eliminate the coverages to reduce your premium.
- Keep rates low by being claim-free – If you tend to file frequent claims, you can expect either a policy non-renewal or much higher rates. Companies award lower rates to policyholders who are claim-free. Auto insurance is intended for the bigger claims that can’t be paid out-of-pocket.
- Performance influences rates – The make and model of the vehicle you are insuring makes a huge difference in how high your rates are. Due to the fact that the Chevrolet Lumina falls in the passenger car class, insuring your vehicle will cost similar in price or lower when compared to the average rates. Economy passenger cars receive the most favorable rates, but the final cost of insurance is determined by many other factors.
- Drive a safer car and pay less – Vehicles with high crash test scores get lower rates. These vehicles protect occupants better and any reduction in injury severity translates into fewer and smaller insurance claims and lower rates for you. If your Chevy earned at least four stars on Safercar.gov you are probably receiving a discount.
- How many coverages with the same company – The majority of insurance companies give discounts to policyholders who carry more than one policy. It’s known as a multi-policy discount. This can amount to 10 percent or more. Even if you’re getting this discount it’s still a good idea to compare rates to make sure you are getting the best deal.
Do you really save 40% when you switch?
Car insurance companies such as Allstate and Progressive regularly use ads on TV and radio. They all seem to make the same claim that you can save if you move your coverage to them. How does each company make almost identical claims? This is how they do it.
All the different companies have a preferred profile for the right customer that is profitable for them. For example, a driver they prefer could possibly be over the age of 50, has no prior claims, and drives newer vehicles. A customer who meets those qualifications will get very good rates and as a result will probably save quite a bit of money when switching.
Drivers who are not a match for these standards will be quoted more money which leads to business going elsewhere. Company advertisements say “customers who switch” but not “drivers who get quotes” save that much. That’s the way companies can truthfully make those claims.
This emphasizes why drivers must compare as many rates as you can. It’s impossible to know which insurance companies will have the lowest rates.
Shop smart and save
We just presented quite a bit of information on how to reduce Chevy Lumina insurance prices online. The key thing to remember is the more companies you get rates for, the more likely it is that you will get a better rate. Consumers may even find the lowest premiums are with the least-expected company.
As you shop your coverage around, make sure you don’t buy less coverage just to save a little money. Too many times, someone dropped collision coverage only to regret at claim time they didn’t have enough coverage. Your strategy should be to buy enough coverage for the lowest price while still protecting your assets.
Budget-conscious Chevy Lumina insurance can be found on the web and also from your neighborhood agents, and you should compare price quotes from both so you have a total pricing picture. A few companies may not provide online quoting and many times these small, regional companies only sell through independent insurance agents.
