Chevrolet Lumina Insurance Rates

There are many options when attempting to insure your Chevrolet Lumina. You can buy from your neighborhood insurance agent or shop online to compare rates from a lot of car insurance companies. Buying car insurance through online companies is easy and there is a good chance you will probably save money.

People who are new to shopping for insurance may think shopping for affordable Chevrolet Lumina insurance is difficult. To find the best car insurance prices, there are several ways of comparing rates from different insurance companies. The fastest way to compare Chevrolet Lumina insurance quotes is to get quotes online. This can be accomplished by comparing rates here.

Insurance rates paid to insure a Chevrolet Lumina can be significantly different based upon several criteria. Some of these factors include:

• The performance level of your Lumina
• How many accidents you have had
• Multiple policies can save money
• How you use your vehicle
• Your birth date
• Whether you are married
• Extra coverages like towing and rental
• Your profession
• The level of coverage
• Whether you own your home

One last important factor that helps determine the rate you pay on your Chevrolet Lumina is the year of manufacture. Older models cost less so the costs to repair will push premiums down. Conversely, newer vehicles may have options such as pedestrian detection, a collision avoidance system, and adaptive headlights that may help lower rates.

Coverage for liability

Liability insurance can cover damage that occurs to a person or their property in an accident. Liability coverage protects against things like legal defense fees, bail bonds, and repair bills for other people's vehicles. Liability insurance is relatively cheap so purchase as large an amount as possible.

Auto collision coverage

Collision insurance covers damage to your Lumina from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Comprehensive coverage (or Other than Collision)

This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage. The highest amount you'll receive from a claim is the actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle's occupants from other drivers when they either are underinsured or have no liability coverage at all. Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. PIP is not an option in every state and gives slightly broader coverage than med pay.