View 2004 Chevrolet Classic Insurance Rates

Looking for cheaper insurance rates for your Chevrolet Classic? No one in their right mind likes paying for insurance, particularly when their premiums are through the roof.

Many auto insurance companies vie for your hard-earned dollar, and because of this it can be hard to compare auto insurance companies to find the lowest rate

These factors can influence what you pay for Chevy Classic insurance

Consumers need to have an understanding of the different types of things that go into determining the rates you pay for insurance coverage. Understanding what controls the rates you pay empowers consumers to make smart changes that could result in better insurance coverage rates.

  • Lower miles equals lower premium – The higher the mileage driven in a year’s time the higher your rates will be. The majority of insurers rate vehicles based on their usage. Vehicles left parked in the garage can get a lower rate than vehicles that are driven to work every day. Having the wrong rating on your Classic may be costing you. Make sure your insurance coverage declarations sheet is showing the correct usage for each vehicle, because it can save money.
  • Rural vs Urban Areas – Choosing to live in a rural area has it’s advantages when it comes to insurance coverage. City drivers have congested traffic and longer commutes to work. Less people living in that area means reduced accidents and a lower car theft rate.
  • Your job and insurance rates – Did you know your occupation can influence how much you pay for insurance coverage? Jobs such as real estate brokers, architects and stock brokers are shown to have the highest rates attributed to job stress and long work hours. On the other hand, occupations such as pilots, students and homemakers pay the least for Classic coverage.
  • Low deductibles can be expensive – Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your Chevy. Some instances where coverage would apply are a windshield shattered by a rock, damage caused by hail, and windstorm damage. Physical damage deductibles are how much you are willing to pay out-of-pocket before a claim is paid by your company. The more expense you are required to pay out-of-pocket, the less your company will charge you for insurance for Classic coverage.
  • Protect yourself with liability coverage – Your policy’s liability coverage will protect you in the event that you are found liable for damages caused by your negligence. It will provide for a legal defense up to the limits shown on your policy. Liability is cheap as compared to coverage for physical damage, so do not cut corners here.

The quickest way to compare insurance rates in your area is to realize all the major auto insurance companies participate in online systems to compare their rates. To start a quote, the only thing you need to do is provide details like if the vehicle is leased, if you went to college, coverage limits, and the make and model of your vehicles. That information gets sent immediately to multiple different insurance companies and they return quotes instantly.

Discounts are available to cut your rates

Insurance can be prohibitively expensive, but discounts can save money and there are some available to reduce the price significantly. Most are applied at the time of purchase, but some must be asked for in order for you to get them.

  • Distant Student – Any of your kids who live away from home and do not have access to a covered vehicle can receive lower rates.
  • Government Employees – Simply working for the federal government may qualify you for a discount for Classic coverage with a few insurance coverage companies.
  • Drivers Education – Have your child successfully complete driver’s ed class if it’s offered in school.
  • Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems can receive discounts up to 30%.
  • Payment Method – If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.

It’s important to note that most of the big mark downs will not be given the the whole policy. Some only apply to the price of certain insurance coverages like comprehensive or collision. Even though it may seem like you could get a free insurance coverage policy, insurance coverage companies aren’t that generous. But all discounts will help reduce the cost of coverage.

Car insurance companies that may offer some of the above discounts are:

Check with all companies you are considering which discounts you may be entitled to. All car insurance discounts may not apply in your area.

Everyone needs different coverages

When choosing the best auto insurance coverage for your personal vehicles, there really is not a perfect coverage plan. Every situation is different so your insurance should reflect that For example, these questions can aid in determining whether you would benefit from an agent’s advice.

  • Am I covered if hit by an uninsured driver?
  • I have health insurance so do I need medical payments coverage?
  • Do I need replacement cost coverage on my 2004 Chevy Classic?
  • Am I getting all the discounts available?
  • Am I covered when pulling a rental trailer?
  • Can I get a multi-policy discount?
  • How much can I save by bundling my policies?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, complete this form or click here for a list of auto insurance companies in your area.

The coverage is in the details

Learning about specific coverages of your policy can be of help when determining appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on the average car insurance policy.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Coverage for collisions

This coverage covers damage to your Classic resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as hitting a parking meter, crashing into a ditch and damaging your car on a curb. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for funeral costs, hospital visits, X-ray expenses and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to any family member struck as a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like vandalism, damage from getting keyed and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto liability insurance

Liability coverage will cover injuries or damage you cause to other’s property or people in an accident. It protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Some companies may use one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as legal defense fees, medical services and court costs. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Spend less. Save more.

As you shop your coverage around, it’s a bad idea to skimp on coverage in order to save money. There have been many situations where an insured cut full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The aim is to purchase plenty of coverage for the lowest price while not skimping on critical coverages.

Cheap 2004 Chevy Classic insurance is available from both online companies in addition to many insurance agents, and you should be comparing both in order to have the best chance of saving money. Some insurance companies do not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

In this article, we covered many ways to get a better price on insurance. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding lower rates. Consumers may even find the lowest priced insurance coverage comes from a small mutual company. Some small companies can often insure niche markets at a lower cost compared to the large companies like Progressive and GEICO.

More resources