1998 Chevrolet Corvette Insurance Cost – 8 Policy Discounts

Shoppers have lots of choices when shopping for the best price on Chevy Corvette insurance. They can either spend hours driving around to compare prices or save time using the internet to make rate comparisons.

There are more efficient ways to compare car insurance rates and we’ll show you the absolute fastest way to get price quotes for a new or used Chevy and locate the lowest price from both online companies and local agents.

Smart consumers take time to compare rates quite often since insurance rates go up and down regularly. Even if you think you had the best rates for Corvette coverage last year you will most likely find a better rate today. Block out anything you think you know about car insurance because you’re about to find out one of the quickest ways to save money, get proper deductibles and limits, all at the lowest rate.

If you have a current auto insurance policy or are shopping for new coverage, you can follow these tips to reduce the price you pay while maintaining coverages. This article will instruct you on the most effective way to quote insurance and some tricks to saving. Drivers just need to know the most effective way to find the lowest price online.

Insurance Coverage Comparison Rates

There are a variety of methods to compare 1998 Chevy Corvette insurance coverage prices but some are more efficient than others. You can spend countless hours talking to agents in your area, or you can utilize the internet to achieve your goal.

Most major companies belong to a marketplace where insurance shoppers complete one form, and every company returns a competitive quote based on that information. This prevents consumers from doing quotation requests for each company you want a rate for.

To compare 1998 Chevy Corvette rates using this form now click here to start a free quote.

The only drawback to using this type of form is that consumers can’t choose which companies you will receive quotes from. If you prefer to choose specific providers to compare rates, we have a page of low cost insurance coverage companies in your area. Click here to view list.

Whichever way you use, make darn sure you compare apples-to-apples coverages for each price quote. If you compare different limits and deductibles on each one it will be very difficult to make a fair comparison for your Chevy Corvette.

Policy discounts you shouldn’t miss

The price of auto insurance can be rather high, but you can get discounts to cut the cost considerably. A few discounts will automatically apply when you purchase, but a few must be specifically requested in order for you to get them. If they aren’t giving you every credit you qualify for, you are paying more than you should be.

• Organization Discounts – Participating in a qualifying organization could trigger savings on your policy for Corvette coverage.
• Discount for Life Insurance – Larger companies have a break if you buy auto and life insurance together.
• Discount for Good Grades – Performing well in school can be rewarded with saving of up to 25%. The good student discount can last well after school through age 25.
• Multiple Cars – Insuring all your vehicles on one policy qualifies for this discount.
• Sign Early and Save – Select companies give a discount for buying a policy prior to your current policy expiration. It can save you around 10%.
• New Vehicle Savings – Adding a new car to your policy can save up to 30% since new cars are generally safer.
• Low Mileage – Driving fewer miles can qualify you for lower rates on the low mileage vehicles.
• No Accidents – Drivers with accident-free driving histories pay much less when compared with bad drivers.

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 medical payments or collision. Just because you may think having all the discounts means you get insurance for free, it just doesn’t work that way. Any qualifying discounts will help reduce your overall premium however.

For a list of companies offering auto insurance discounts, click this link.

Insurance agents can help

When it comes to buying the right insurance coverage, there is no one size fits all plan. Every situation is different.

Here are some questions about coverages that could help you determine if your situation might need an agent’s assistance.

• Are all vehicle passengers covered by medical payments coverage?
• Why am I required to buy liability insurance?
• Does coverage extend to my business vehicle?
• Am I covered if I wreck a rental car?
• Is my 1998 Chevy Corvette covered for flood damage?
• What vehicles should carry emergency assistance coverage?

If you can’t answer these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form. It is quick, free and can help protect your family.

Parts of your insurance policy

Learning about specific coverages of a insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Comprehensive protection – This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible 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, damage from flooding, damage from a tornado or hurricane and hail damage. 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.

Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like crashing into a ditch, hitting a mailbox, hitting a parking meter and crashing into a building. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage – This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Liability car insurance – Liability insurance will cover injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you against other people’s claims. Liability 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. You might see limits of 25/50/25 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as emergency aid, bail bonds, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like X-ray expenses, hospital visits, surgery, pain medications and doctor visits. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage