Tired of robbing Peter to pay Paul to insure your Chevy every month? You’re in the same situation as the majority of other car owners.
Multiple insurers compete for your business, and it can be difficult to compare rates and get the definite lowest cost out there.
To find the best insurance prices, there are several ways to compare rate quotes from different insurance companies. The quickest method to compare 1992 Chevy Astro insurance prices is to perform an online rate comparison. This is very easy and can be done in a couple of different ways.
It’s up to you which method you use, but make darn sure you compare exactly the same coverage limits on every quote. If you are comparing different deductibles you can’t possibly find the best deal for your Chevy Astro. Quoting even small variations in insurance coverages may cause a big price difference. Just remember that quoting more will improve the odds of getting the best offered rates.
Allstate, GEICO and Progressive consistently run ads in print and on television. All the companies have a common claim of big savings if you change to their company. How does each company make the same claim?
Insurance companies are able to cherry pick for the type of driver that makes them money. A good example of a profitable customer might be between 30 and 50, a clean driving record, and has great credit. Any new insured who matches those parameters will get very good rates and as a result will probably save when they switch companies.
Drivers who do not match this ideal profile will be quoted higher rates and ends up with the driver buying from a lower-cost company. The ads say “people who switch” not “everyone that quotes” save that much. That’s the way insurance companies can confidently state the savings.
This emphasizes why you should quote coverage with many companies. It is impossible to predict which insurance companies will fit your personal profile best.
It’s important that you understand the different types of things that go into determining the price you pay for car insurance. When you know what positively or negatively determines base rates enables informed choices that will entitle you to big savings.
Listed below are some of the factors car insurance companies consider when setting prices.
Insuring your fleet can be pricey, but companies offer discounts to help bring down the price. Larger premium reductions will be automatically applied when you complete an application, but some may not be applied and must be requested specifically prior to receiving the credit.
It’s important to understand that some of the credits will not apply to your bottom line cost. A few only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like having all the discounts means you get insurance for free, companies don’t profit that way. Any qualifying discounts will reduce your premiums.
To see a list of insurers with the best car insurance discounts, click here to view.
When it comes to buying coverage for your vehicles, there isn’t really a “perfect” insurance plan. Every insured’s situation is different so this has to be addressed. These are some specific questions can aid in determining whether you will benefit from professional help.
If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.
Understanding the coverages of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. Shown next are the normal coverages found on the average car insurance policy.
This coverage will cover damage or injury you incur to a person or their property. This insurance protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Another option is one number which is a combined single limit that pays claims from the same limit without having the split limit caps.
Liability insurance covers claims like attorney fees, legal defense fees and repair costs for stationary objects. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.
Med pay and Personal Injury Protection (PIP)
Med pay and PIP coverage provide coverage for immediate expenses for things like prosthetic devices, chiropractic care, surgery, ambulance fees and funeral costs. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage
Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things such as hitting a bird, hail damage and theft. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Uninsured/Underinsured Motorist (UM/UIM)
Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.
Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.
Collision coverage protection
Collision coverage pays for damage to your Astro caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers claims such as sideswiping another vehicle, hitting a mailbox, backing into a parked car, scraping a guard rail and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.
While you’re price shopping online, make sure you don’t buy poor coverage just to save money. There are many occasions where an accident victim reduced collision coverage and learned later that it was a big mistake. The ultimate goal is to find the BEST coverage at an affordable rate while not skimping on critical coverages.
Cheaper 1992 Chevy Astro insurance is available from both online companies and also from your neighborhood agents, and you should be comparing both to have the best selection. Some companies may not provide you the ability to get quotes online and these small insurance companies work with independent agents.
More detailed car insurance information is located at these sites: