1995 Chevrolet Sportvan Insurance Cost – 5 Savings Tips

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us, there are lots of people in the same boat. There are many insurance companies to pick from, and although it’s a good thing to be able to choose, having more insurance companies makes it harder to compare rates and cut insurance costs.

How to Get Insurance Coverage Comparison Quotes

All the larger insurance coverage companies quote insurance quotes on their websites. This process is fairly straightforward as you just type in your required coverages into the quote form. When complete, their system obtains your driving and credit reports and provides a quote. Being able to quote online streamlines rate comparisons, but having to visit a lot of sites and type in the same information can be a bit repetitive. But it’s very important to get many rate quotes in order to find the best price possible.

The preferred way to lower your rates requires only one form that gets prices from more than one company. It’s a real time-saver, requires much less work on your part, and makes comparison shopping much more enjoyable. As soon as the form is sent, it gets priced with multiple companies and you can pick any of the quotes returned.

If you find a better price you can simply submit the application and buy the policy. This process takes less than 15 minutes and may result in a nice savings.

To use this form to compare rates, click here to open in new window and begin entering your coverage information. If you have a policy now, it’s recommended you copy the coverage information exactly as they are listed on your policy. Doing this guarantees you will have a rate comparison based on similar coverages.

Save $399 a year? Really?

Drivers can’t get away from ads that promise big savings from the likes of State Farm and Allstate. They all say the same thing about savings if you switch your coverage to them.

How can each company say the same thing?

Different companies can use profiling for the right customer they prefer to insure. An example of a driver they prefer might be between 25 and 40, has no driving citations, and has excellent credit. A propective insured who matches those parameters gets the lowest rates and therefore will save quite a bit of money when switching.

Potential customers who are not a match for the requirements will have to pay a more expensive rate which usually ends up with the driver buying from a lower-cost company. Company advertisements say “drivers who switch” not “people who quote” save that kind of money. This is how companies can truthfully make the claims of big savings.

Because of the profiling, it is so important to quote coverage with many companies. Because you never know the company that will provide you with the cheapest Chevy Sportvan insurance rates.

Are you getting all your discounts?

Car insurance can cost a lot, but there are discounts available that you may not even be aware of. Most are applied when you quote, but a few need to be specially asked for in order for you to get them. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Low Mileage – Driving fewer miles can earn a substantially lower rate.
  • Accident Forgiveness – Some insurance companies will forgive one accident before your rates go up if you are claim-free for a certain period of time.
  • Sign Online – Certain companies may give you up to $50 simply for signing online.
  • Theft Prevention System – Vehicles with anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Driver’s Ed – Require your teen driver to complete a driver education course if it’s offered in school.

It’s important to note that most credits do not apply to the entire policy premium. The majority will only reduce specific coverage prices like medical payments or collision. Just because you may think having all the discounts means you get insurance for free, companies don’t profit that way. Any qualifying discounts will reduce your premiums.

For a list of companies who offer car insurance discounts, click here.

When might I need an agent?

When it comes to choosing coverage, there isn’t really a one size fits all plan. Every situation is different so this has to be addressed. Here are some questions about coverages that might point out if your situation could use an agent’s help.

  • Does insurance cover damages from a DUI accident?
  • Do I pay less for low miles?
  • Is business equipment covered while in my vehicle?
  • Does coverage extend to a rental car in a foreign country?
  • Does liability extend to a camper or trailer?
  • Can I afford to buy a different vehicle if my 1995 Chevy Sportvan is totaled?
  • Do I need replacement cost coverage?
  • Am I better off with higher deductibles on my 1995 Chevy Sportvan?
  • How can I get my company to pay me more for my totalled car?

If you don’t know the answers to these questions but a few of them apply, 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 or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.

What insurance coverages do you need?

Having a good grasp of your policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. These are typical coverage types available from insurance companies.

Uninsured or underinsured coverage

This gives you protection when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Chevy Sportvan.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these coverages do not exceed the liability coverage limits.

Coverage for liability

Liability insurance protects you from damages or injuries you inflict on people or other property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as medical expenses, pain and suffering, court costs, emergency aid and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but consider buying as high a limit as you can afford.

Medical expense coverage

Coverage for medical payments and/or PIP pay for bills for chiropractic care, nursing services and ambulance fees. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Collision protection

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like driving through your garage door, hitting a mailbox and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to raise the deductible to bring the cost down.

Comprehensive protection

This coverage will pay to fix 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 insurance covers claims such as a tree branch falling on your vehicle, rock chips in glass and theft. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Take this to the bank

As you restructure your insurance plan, it’s very important that you do not buy poor coverage just to save money. In many cases, consumers will sacrifice collision coverage only to find out that it was a big mistake. The aim is to purchase plenty of coverage at the best price, not the least amount of coverage.

We just covered quite a bit of information on how to reduce 1995 Chevy Sportvan insurance prices online. The most important thing to understand is the more rate quotes you have, the more likely it is that you will get a better rate. You may even find the biggest savings come from a small local company. These smaller insurers may have significantly lower rates on certain market segments than their larger competitors like State Farm or Progressive.

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