Cheaper 2001 Chevrolet Impala Insurance Rates

Are you tired of being strong-armed to buy car insurance? You are no different than many other drivers.

You have so many insurance companies to insure vehicles with, and though it is a good thing to be able to choose, lots of choices makes it harder to locate the cheapest rates.

Finding the best coverage is easy if you know what you’re doing. In a nutshell, anyone who is required by state law to have insurance will more than likely be able to save money. But car owners must learn the way insurance companies market on the web.

Do you qualify for a discount?

Car insurance is not cheap, but companies offer discounts to help bring down the price. Some trigger automatically at quote time, but a few need to be asked about before you get the savings.

  • Discount for Life Insurance – Some companies give a break if you buy a life insurance policy as well.
  • Good Student Discount – This discount can get you a discount of up to 25%. This discount can apply up until you turn 25.
  • Air Bag Discount – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • Service Members Pay Less – Being deployed with a military unit could mean lower rates.
  • Homeowners Pay Less – Simply owning a home can help you save on car insurance because maintaining a house demonstrates responsibility.
  • Low Mileage Discounts – Fewer annual miles on your Chevy can qualify you for a substantially lower rate.
  • No Charge for an Accident – A handful of insurance companies will allow you to have one accident before your rates go up if you are claim-free for a set time period.
  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you could save 5% or more.
  • Use Seat Belts – Buckling up and requiring all passengers to use a seat belt could save 15% off the personal injury premium cost.
  • Resident Student – Youth drivers who are attending college and do not have a car may qualify for this discount.

It’s important to note that many deductions do not apply to the entire policy premium. Most cut the cost of specific coverages such as comp or med pay. Just because it seems like adding up those discounts means a free policy, it doesn’t quite work that way. Any qualifying discounts will bring down your premiums.

Car insurance companies who might offer these money-saving discounts include:

It’s a good idea to ask each insurance company how you can save money. Discounts might not be offered in your area.

Chevy Impala rate determination is complex

Smart consumers have a good feel for the rating factors that help determine the price you pay for car insurance. Having a good understanding of what influences your rates enables informed choices that may reward you with lower car insurance prices.

  • The more you drive the more you pay – Driving more miles in a year’s time the higher your rates will be. Almost all companies apply a rate based upon how you use the vehicle. Vehicles that are left in the garage receive lower rates as compared to vehicles used primarily for driving to work. If your policy improperly rates your Impala may be wasting your money. Verify your car insurance coverage is rated on the proper vehicle usage, because improper ratings can cost you money.
  • Lower rates with optional equipment – Purchasing a vehicle with an alarm system can help bring down rates. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping auto theft.
  • High numbers of claims are not good – Insurance companies provide discounts to insureds who are claim-free. If you frequently file small claims, you can expect either a policy non-renewal or much higher rates. Insurance coverage is designed for major claims that would cause financial hardship.
  • Do men or women drive better? – The statistics show that women are safer drivers than men. However, this does not mean women are BETTER drivers than men. Men and women have accidents in similar percentages, but the males have costlier accidents. They also have more aggressive citations like reckless driving and DUI. Youthful male drivers are most likely to cause an accident and thus pay the highest rates.
  • Your occupation can affect rates – Did you know your occupation can influence how much you pay for car insurance? Jobs such as lawyers, business owners and financial analysts tend to pay higher average rates because of stressful work requirements and lots of time spent at work. Conversely, professions such as farmers, engineers and homemakers have the lowest average rates for Impala insurance.
  • What are your deductibles? – Your deductibles define the amount you are willing to pay out-of-pocket before a claim is paid by your company. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of covered claims could be running into the backend of another car, damage from fire, and burglary. The more money you’re willing to pay, the bigger discount you will receive for Impala insurance.
  • Add-on coverages can add up – There are a ton of add-on coverages that you can get tricked into buying on your car insurance policy. Coverages like roadside assistance, accidental death and motor club memberships are examples of these. These coverages may sound good initially, but if you don’t need them get rid of them and save.
  • Traffic violations increase rates – Whether or not you get tickets has a huge affect on how much you pay. Only having one speeding ticket can increase rates by as much as thirty percent. Good drivers receive lower rates compared to drivers with tickets. Drivers with flagrant tickets such as DWI, reckless driving or hit and run convictions are required to file a SR-22 with the DMV in their state in order to keep their license.

What coverages do I need?

When buying coverage for your vehicles, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions might point out if your situation would benefit from professional advice.

  • Where can I get insurance after a DUI in my state?
  • Exactly who is provided coverage by my policy?
  • Am I covered when driving in Canada or Mexico?
  • Which companies will insure high-risk drivers?
  • Is extra glass coverage worth it?
  • Do I really need UM/UIM coverage?
  • How can I force my company to pay a claim?
  • How do I file an SR-22 for a DUI in my state?
  • Does my liability insurance cover pulling a trailer or camper?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Information about specific coverages

Having a good grasp of a insurance policy helps when choosing the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types offered by insurance companies.

Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like theft, damage from flooding, falling objects and hitting a bird. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Auto liability insurance – This coverage will cover injuries or damage you cause to people or other property by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as attorney fees, medical services, medical expenses and funeral expenses. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Collision coverage – Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as sustaining damage from a pot hole, colliding with a tree, damaging your car on a curb, crashing into a ditch and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Uninsured and underinsured coverage – This provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your 2001 Chevy Impala.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Frequently these limits do not exceed the liability coverage limits.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as ambulance fees, EMT expenses, dental work and doctor visits. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Knowledge is power

When shopping online for insurance coverage, do not skimp on coverage in order to save money. There are many occasions where someone dropped collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy enough coverage at the best price while not skimping on critical coverages.

You just learned a lot of tips how to compare 2001 Chevy Impala insurance prices online. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the best prices are with some of the smallest insurance companies. Some small companies may cover specific market segments cheaper than the large multi-state companies such as Allstate and Progressive.

Lower-priced insurance can be found online in addition to many insurance agents, so compare prices from both in order to have the best chance of saving money. A few companies do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

Additional information