Cheaper 1992 Chevrolet Caprice Insurance Rates

Looking for better insurance rates for your Chevrolet Caprice? Scraping up a payment for overpriced Chevrolet Caprice insurance can drain your bank account and make it impossible to make ends meet. Comparison shopping is free and is an excellent way to make sure you’re not throwing money away. With consumers having so many choices of insurance companies, it can be challenging to find the most affordable company.

It’s a good idea to do rate comparisons at least once a year because prices go up and down regularly. Even if you got the best deal on Caprice coverage two years ago you can probably find a lower rate today. There is a lot of bad information regarding insurance online, so I’m going to show you some proven techniques to stop overpaying for insurance.

Compare Insurance Coverage Costs

There are a variety of methods to compare 1992 Chevy Caprice insurance coverage quotes, but one way is less time-consuming than others. You can waste a lot of time talking to insurance companies in your area, or you can utilize online quoting to get rates in a matter of minutes.

Many of the larger companies belong to a marketplace where prospective buyers submit one quote, and every company returns a competitive quote determined by their information. This system prevents you from having to do quote requests to each company. To find out how much you’re overpaying now click here (opens in new window).

The one downside to using this type of system is you can’t choose which carriers to receive prices from. So if you want to choose specific insurance companies to request quotes from, we put together a list of low cost insurance coverage companies in your area. Click to view list.

It doesn’t matter which method you choose, just double check that you are using the exact same coverage limits and deductibles for every company. If you compare different liability limits it’s not possible to determine the best price for your Chevy Caprice.

How to save on 1992 Chevy Caprice insurance

Companies that sell car insurance don’t always list all their discounts in a way that’s easy to find, so the following is a list of both well-publicized as well as the least known savings tricks you should be using. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class in school.
  • Good Student Discount – This discount can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
  • No Accidents – Claim-free drivers can earn big discounts when compared to frequent claim filers.
  • College Student – Any of your kids who attend school more than 100 miles from home without a vehicle on campus may qualify for this discount.
  • Life Insurance – Companies who offer life insurance give a discount if you purchase life insurance from them.
  • E-sign – A handful of insurance companies will give a small break just for signing your application digitally online.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • 55 and Retired – Older drivers can possibly qualify for reduced rates on Caprice coverage.

Consumers should know that some of the credits will not apply the the whole policy. Most cut the price of certain insurance coverages like collision or personal injury protection. Even though it may seem like it’s possible to get free car insurance, you’re out of luck.

For a list of insurers with the best car insurance discounts, click here to view.

Factors that can influence Chevy Caprice insurance rates

Smart consumers have a good feel for some of the elements that play a part in calculating your car insurance rates. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that may reward you with lower car insurance prices.

Shown below are some of the items used by your company to calculate rates.

  • Where you live is a factor – Being located in small towns and rural areas can be a good thing when it comes to car insurance. Lower population translates into fewer accidents. Drivers who live in large cities have to deal with much more traffic to deal with and a longer drive to work. More time on the road means higher likelihood of an accident.
  • Men fork out a little more – Statistics show that women are safer drivers than men. However, this does not mean men are worse drivers. Both sexes tend to get into accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to have more aggressive citations like DUI and reckless driving. Youthful male drivers are most likely to cause an accident and therefore are the most expensive to insure.
  • Traffic violations increase rates – Even one moving violation may increase your cost twenty percent or more. Drivers with clean records tend to pay less for car insurance than bad drivers. If you have serious violations like hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 form with the DMV in their state in order to continue driving.
  • Adjust deductibles and save – Deductibles for physical damage define the amount you are required to spend out-of-pocket before a claim is paid by your company. Physical damage insurance, also known as collision and other-than-collision, is used to repair damage to your car. A few examples of covered claims could be running into the backend of another car, vandalism, and burglary. The more you have to pay, the lower your rates will be on Caprice coverage.

Tailor your coverage to you

When it comes to choosing the best auto insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Every insured’s situation is different and your policy should reflect that. For example, these questions can help discover if your insurance needs will benefit from professional help.

  • How high should my medical payments coverage be?
  • Are my friends covered when driving my 1992 Chevy Caprice?
  • Is business equipment covered while in my vehicle?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Does coverage extend to a rental car in a foreign country?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Which companies will insure high-risk drivers?
  • How high should deductibles be on a 1992 Chevy Caprice?

If you don’t know the answers to these questions then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Do drivers who switch really save $392 a year?

Drivers can’t ignore all the ads for cheaper car insurance from the likes of Allstate, GEICO and Progressive. They all say the same thing that you’ll save big after switching your coverage to them.

How do they all say the same thing? This is how they do it.

All the different companies are able to cherry pick for the driver they prefer to insure. For example, a driver they prefer could be between 25 and 40, has no tickets, and has great credit. A customer who matches those parameters will get the preferred rates and most likely will save a lot of money.

Consumers who are not a match for this ideal profile will have to pay a more expensive rate which usually ends up with business going elsewhere. The ads state “customers who switch” not “everybody who quotes” save that much money. That is how companies can advertise the savings. Because of the profiling, you need to quote coverage with many companies. It’s impossible to know which car insurance company will have the lowest Chevy Caprice insurance rates.

Coverage specifics

Understanding the coverages of insurance helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Listed below are the normal coverages found on most insurance policies.

Liability auto insurance – This coverage provides protection from injuries or damage you cause to people or other property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against claims such as legal defense fees, bail bonds, court costs and funeral expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical costs insurance – Coverage for medical payments and/or PIP kick in for immediate expenses for chiropractic care, X-ray expenses and nursing services. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

UM/UIM Coverage – This coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Comprehensive or Other Than Collision – This covers 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 can pay for things like falling objects, theft, damage from getting keyed, damage from flooding and a broken windshield. The maximum amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like backing into a parked car, colliding with another moving vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

A penny saved is a penny earned

When you buy insurance online, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many cases where drivers have reduced comprehensive coverage or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase a proper amount of coverage at a price you can afford.

Affordable 1992 Chevy Caprice insurance can be purchased on the web as well as from independent agents, so compare prices from both so you have a total pricing picture. Some companies don’t offer you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.

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