How Much Does 2002 Chevrolet Venture Car Insurance Cost?

Buyers have a choice when searching for low-cost Chevy Venture insurance. They can either waste time driving around trying to get quotes or use the internet to find the lowest rates.

There is a right way and a wrong way to shop for car insurance so we’re going to tell you the absolute fastest way to price shop coverage for your Chevy and find the best price possible.

Smart consumers take time to price shop coverage quite often because insurance rates are rarely the same from one policy term to another. Even if you think you had the best price on Venture coverage a couple years back there is a good chance you can find better rates now. Starting right now, forget all the misinformation about car insurance because I’m going to teach you the easiest way to find better rates and still maintain coverage.

The purpose of this post is to let you in on how to get online quotes. If you currently have a car insurance policy, you will most likely be able to save some money using this information. Drivers only need an understanding of the best way to shop for insurance coverage online.

Insurance Prices

Getting a cheaper price on 2002 Chevy Venture insurance is a fairly straight forward process. The only requirement is to invest a little time getting comparison quotes provided by online insurance companies. This is very easy and can be done in just a few minutes using one of these methods.

  1. The easiest and least time consuming way to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This form eliminates the need for repetitive form entry for each company you want a rate for. One simple form gets you coverage quotes from many national carriers. This is perfect if you don’t have a lot of time.
  2. A harder way to get comparison quotes requires visiting each company’s website to complete their respective quote request forms. For sake of this example, let’s say you want comparison quotes from GEICO, Progressive and Travelers. You would have to visit each site and enter your policy data, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.

However you get your quotes, make sure you use apples-to-apples coverage information on every quote you get. If you have different deductibles it’s impossible to determine the lowest rate for your Chevy Venture.

Some factors that can determine what Chevy Venture insurance costs

It’s important that you understand the different types of things that come into play when calculating the price you pay for insurance coverage. When you know what positively or negatively determines base rates empowers consumers to make smart changes that could result in much lower annual insurance costs.

The list below includes a few of the “ingredients” used by your company to calculate premiums.

  • Do you know you’re credit rating? – Your credit score is a large factor in calculating your insurance coverage rates. People with high credit scores tend to be more responsible than drivers who have lower credit scores. If your credit is low, you could pay less to insure your 2002 Chevrolet Venture by spending a little time repairing your credit.
  • Your spouse saves you money – Getting married helps lower the price on insurance coverage. Having a spouse usually means you are more mature it has been statistically shown that being married results in fewer claims.
  • How many coverages with the same company – Most insurance coverage companies provide better rates to customers who buy several policies from them in the form of a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare other company rates to make sure you are getting the best deal. You may still be able to find better rates by buying insurance from more than one company.
  • Always keep insurance in force – Not having insurance is illegal and as a result your rates will increase for letting your coverage have a gap. Not only will you pay more, failure to provide proof of insurance can result in a license revocation or jail time.Then you may be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • Mature drivers pay less – Mature drivers are more cautious drivers, tend to file fewer claims and are safer drivers. Youthful drivers have a tendency to be careless and easily distracted in a vehicle and because of this, their insurance coverage rates are much higher.

Don’t miss out on these money-saving discounts

Insuring your fleet can be pricey, but there could be available discounts to reduce the price significantly. Certain discounts will be triggered automatically at the time of quoting, but a few must be asked about before they will apply. If you’re not getting every credit available, you’re paying more than you need to.

  • Military Discounts – Being on active duty in the military could be rewarded with lower premiums.
  • Distant Student – Youth drivers living away from home attending college without a vehicle on campus may qualify for this discount.
  • Defensive Driving Course – Completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
  • New Car Discount – Insuring a new car can cost up to 25% less since new cars are generally safer.
  • Passive Restraints and Air Bags – Cars that have air bags and/or automatic seat belt systems can get savings of more than 20%.
  • Fewer Miles Equal More Savings – Driving fewer miles can qualify you for better rates on cars that stay parked.
  • Life Insurance Discount – Select insurance companies reward you with better rates if you take out a life insurance policy as well.

Drivers should understand that most of the big mark downs will not be given to all coverage premiums. Some only reduce the cost of specific coverages such as collision or personal injury protection. So even though it sounds like you would end up receiving a 100% discount, it doesn’t quite work that way. But any discount will bring down your premiums.

Companies who might offer these money-saving discounts include:

Double check with each insurance company how you can save money. Discounts may not apply everywhere.

Do I need special coverages?

When buying proper insurance coverage for your vehicles, there is no single plan that fits everyone. Every situation is different.

These are some specific questions can aid in determining whether you will benefit from professional help.

  • Should I carry comprehensive and collision coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • What is PIP insurance?
  • Do all my vehicles need collision coverage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • Should I waive the damage coverage when renting a car?
  • Why do I only qualify for high-risk insurance?
  • Why does it cost so much to insure a teen driver?
  • Does my insurance cover a custom paint job?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form. It only takes a few minutes and can provide invaluable advice.

Insurance policy coverages for a 2002 Chevy Venture

Learning about specific coverages of a insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and coverage can change by endorsement.

Liability

Liability coverage will cover damage that occurs to people or other property. It protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like bail bonds, repair costs for stationary objects, funeral expenses, court costs and attorney fees. The amount of liability coverage you purchase is a personal decision, but consider buying higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Chevy Venture.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Coverage for collisions

This coverage covers damage to your Venture resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as colliding with a tree, crashing into a ditch, scraping a guard rail and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like a tree branch falling on your vehicle, damage from getting keyed, hitting a deer, a broken windshield and fire damage. The maximum payout your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses like chiropractic care, prosthetic devices, EMT expenses, nursing services and hospital visits. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. They cover all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Saving money makes a lot of cents

As you go through the steps to switch your coverage, don’t be tempted to sacrifice coverage to reduce premiums. Too many times, an insured cut full coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy enough coverage at the best price.

Throughout this article, we presented a lot of techniques to compare 2002 Chevy Venture insurance prices online. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. Consumers could even find that the biggest savings come from a lesser-known regional company.

Cost effective insurance can be found online and with local insurance agents, and you should be comparing both to have the best chance of lowering rates. A few companies do not offer you the ability to get quotes online and these small insurance companies work with independent agents.

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