Cheap 1990 Chevrolet Lumina Minivan Insurance Cost

No one rejoices having to buy auto insurance, especially when they are aware that it costs too dang much.

Since you have so many choices of insurance companies, it can be diffult for drivers to locate a lower cost insurer.

It’s smart to shop coverage around at least once a year because prices fluctuate regularly. Just because you found the lowest quotes for Lumina Minivan coverage on your last policy you may be paying too much now. Ignore everything you know about auto insurance because you’re going to get a crash course in the proper way to lower your annual insurance bill.

Choosing the best insurance company for you is not that difficult. Essentially every driver who is required by state law to have auto insurance will be able to find better rates. Nevertheless, car owners need to have an understanding of the methods companies use to price online insurance and take advantage of how the system works.

Insurance policy discounts you can’t miss

Auto insurance companies don’t list all their discounts in an easy-to-find place, so the list below contains both well-publicized as well as the least known savings tricks you should be using when you buy insurance online.

• Discount for Low Mileage – Driving less may enable drivers to earn lower premium rates on the low mileage vehicles.
• Telematics Devices – Drivers that enable their insurance company to look at when and where they use their vehicle by using a telematic data system such as Drivewise from Allstate or Snapshot from Progressive may see discounts if they show good driving skills.
• Discount for Life Insurance – Insurance companies who offer life insurance give lower insurancerates if you buy life insurance.
• No Accidents – Insureds with no claims or accidents pay much less in comparison to policyholders that have many claims.
• Military Deployment Discount – Having a deployed family member could be rewarded with lower prices.
• Theft Deterent – Cars and trucks with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
• Good Grades Discount – Performing well in school could provide a savings of up to 20% or more. The good student discount can last up to age 25.
• Government Employee Discount – Employees or retirees of the government could qualify for a slight premium decrease for Lumina Minivan coverage with some insurance companies.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to the overall cost of the policy. Most cut specific coverage prices like liability and collision coverage. If you do the math and it seems like you would end up receiving a 100% discount, you won’t be that lucky. But all discounts will bring down your overall premium however.

To see a list of providers offering insurance discounts, follow this link.

Insurance agents can help

When choosing the best insurance coverage coverage, there really is no “perfect” insurance plan. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if your situation may require specific advice.

• Do I need medical payments coverage since I have good health insurance?
• Is my 1990 Chevy Lumina Minivan covered for smoke damage?
• Will filing a claim cost me more?
• Do I need replacement cost coverage on my 1990 Chevy Lumina Minivan?
• Where can I find high-risk insurance?
• Should I have combined single limit or split liability limits?
• When does my teenage driver need to be added to my policy?
• Do I need rental car coverage?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Specifics of your insurance policy

Having a good grasp of your insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and coverage can change by endorsement. Shown next are typical coverage types offered by insurance companies.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as damage to your Chevy Lumina Minivan.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for short-term medical expenses for nursing services, chiropractic care and rehabilitation expenses. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Coverage for collisions

This covers damage to your Lumina Minivan from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as scraping a guard rail, sustaining damage from a pot hole, rolling your car and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as vandalism, hitting a deer, hitting a bird and theft. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability auto insurance

This coverage will cover injuries or damage you cause to people or other property in an accident. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability insurance covers things like medical services, court costs, medical expenses, repair bills for other people’s vehicles and funeral expenses. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Final thoughts

When buying insurance coverage, do not buy less coverage just to save a little money. There have been many situations where someone dropped liability limits or collision coverage only to regret at claim time they didn’t have enough coverage. The ultimate goal is to buy enough coverage at the best price but still have enough coverage for asset protection.

Throughout this article, we presented some good ideas how to save on 1990 Chevy Lumina Minivan insurance. The most important thing to understand is the more you quote insurance, the better chance you’ll have of finding cheaper insurance. Drivers may discover the lowest car insurance rates come from a lesser-known regional company. They can often provide lower premium rates in certain areas as compared to the big name companies such as Geico and State Farm.

Other resources

• How to Avoid Staged Accidents (State Farm)
• Comprehensive Coverage (Liberty Mutual)
• Understanding Rental Car Insurance (Insurance Information Insitute)
• Auto Insurance 101 (About.com)
• Choosing an Insurance Company (Insurance Information Insitute)
• What if I Can’t Find Coverage? (Insurance Information Insitute)