Want the cheapest insurance rates for your Chevrolet Camaro? Are you sick and tired of not being able to afford to buy car insurance? Your situation is no different than many other consumers. Numerous auto insurance companies battle for your business, and because of this it can be hard to compare auto insurance companies to discover the definitive lowest price
If you have a policy now or are just looking to switch companies, you can learn to reduce the price you pay and possibly find even better coverage. Choosing the best insurance company for you is not that difficult. Consumers only need to know the best way to get comparison quotes online.
There are multiple methods you can shop for 1998 Chevy Camaro insurance coverage but there is one way that is easier and takes less work. You can waste a few hours (or days) discussing policy coverages with agents in your area, or you could use online quotes to accomplish the same thing much quicker.
Most car insurance companies participate in a marketplace that enables customers to enter their policy data once, and at least one company returns a competitive quote based on that data. This prevents consumers from doing quote forms to each company.
To find out what other companies charge for 1998 Chevy Camaro insurance click here to open in new window.
The one disadvantage to comparing rates this way is you can’t choose which companies to get quotes from. If you would rather choose individual companies to compare rates, we put together a list of insurance coverage companies in your area. Click here to view list.
It doesn’t matter which method you choose, just be sure to compare the exact same coverages and limits with every price quote. If the quotes have different values for each quote it will be next to impossible to determine the lowest rate for your Chevy Camaro.
Consumers constantly see and hear ads for the lowest price auto insurance by companies like GEICO, State Farm and Progressive. All the companies make an identical promise of big savings if you switch to them.
How does each company claim to save you money?
All the different companies have a preferred profile for the type of customer they prefer to insure. An example of a profitable customer could be between 30 and 50, is a homeowner, and has a high credit rating. Any new insured who matches those parameters gets the lowest rates and is almost guaranteed to save a lot of money.
Potential customers who are not a match for this ideal profile will have to pay a more expensive rate which usually ends up with business not being written. Company advertisements say “people who switch” not “everybody who quotes” save money. This is how companies can advertise the way they do.
Because of the profiling, it’s extremely important to get as many quotes as possible. It’s not possible to predict which company will fit your personal profile best.
Smart consumers have a good feel for some of the elements that help determine auto insurance rates. When you know what positively or negatively controls the rates you pay allows you to make educated decisions that may reward you with big savings.
The following are a partial list of the pieces companies use to determine rates.
Insuring your fleet can be pricey, but discounts can save money and there are some available that can drop the cost substantially. Some discounts apply automatically at the time of quoting, but some may not be applied and must be requested specifically before they will apply. If you aren’t receiving every discount possible, you’re paying more than you need to.
Keep in mind that some of the credits will not apply to the entire cost. Most only reduce individual premiums such as comprehensive or collision. So even though it sounds like it’s possible to get free car insurance, it just doesn’t work that way. Any qualifying discounts will cut your premiums.
Insurance companies who might offer some of the above discounts are:
Before buying, ask every prospective company what discounts are available to you. All car insurance discounts may not be available in your state.
When it comes to choosing the best insurance coverage coverage, there isn’t really a single plan that fits everyone. Each situation is unique and a cookie cutter policy won’t apply. For instance, these questions could help you determine if your situation could use an agent’s help.
If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.
Learning about specific coverages of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Shown next are the usual coverages found on most auto insurance policies.
Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Camaro.
Since a lot of drivers 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. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
This will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive can pay for claims such as hitting a deer, damage from getting keyed, damage from a tornado or hurricane and falling objects. The maximum amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.
This can cover damages or injuries you inflict on people or other property by causing an accident. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage pays for things such as court costs, attorney fees and funeral expenses. How much coverage you buy is up to you, but consider buying as much as you can afford.
Collision insurance pays for damage to your Camaro resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.
Collision insurance covers things such as sustaining damage from a pot hole, damaging your car on a curb, crashing into a building, hitting a mailbox and crashing into a ditch. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.
Med pay and PIP coverage provide coverage for bills like X-ray expenses, ambulance fees, rehabilitation expenses and EMT expenses. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay
As you go through the steps to switch your coverage, never reduce needed coverages to save money. There are too many instances where an accident victim reduced comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. Your strategy should be to buy a smart amount of coverage at an affordable rate.
We just covered some good ideas how you can lower your 1998 Chevy Camaro insurance rates. It’s most important to understand that the more rate quotes you have, the better your comparison will be. Consumers could even find that the lowest premiums are with a lesser-known regional company. Smaller companies may cover specific market segments cheaper than the large multi-state companies such as State Farm, GEICO and Nationwide.
Budget-conscious insurance is attainable from both online companies in addition to many insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some companies do not provide online quoting and these small insurance companies work with independent agents.