Compare 2002 Chevrolet Impala Insurance Rates

Having to pay for overpriced car insurance can dwindle your bank account, especially in this economy. Comparison shopping is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Because you have many insurance providers from which to choose, it can be hard to find the best insurer.

It’s a good habit to get comparison quotes once or twice a year because rates are constantly changing. Just because you had the best rates on Impala insurance on your last policy there is a good chance you can find better rates now. You’ll find quite a bit of inaccurate information about car insurance online but I’m going to show you some tested techniques to find affordable car insurance.

Free Insurance Coverage Quotes

There are several ways of comparing price quotes and find the best price. By far the easiest way to compare 2002 Chevy Impala insurance prices is to use the internet to compare rates. This can be accomplished in a couple of different ways.

  1. One of the best ways to get quotes is a comparison rater form click to view form in new window. This easy form saves time by eliminating multiple quote forms for every insurance coverage company. One simple form compares rates from multiple companies.
  2. A less efficient way to analyze rates is to take the time to go to each company’s website to complete a price quote. For example, we’ll pretend you want to compare Geico, 21st Century and Liberty Mutual. To find out each rate you need to visit each site to input your insurance information, which is why the first method is quicker.

    To view a list of companies in your area, click here.

Which method you use is up to you, but double check that you are using the exact same deductibles and coverage limits for each comparison quote. If each company quotes different values for each quote it’s impossible to truly determine the lowest rate. Quoting even small variations in coverages may cause a big price difference. And when price shopping your coverage, obtaining a wide range of quotes helps you find better pricing.

Car insurance myths debunked

Car insurance providers like Progressive, Geico, Allstate and State Farm regularly use television and radio advertisements. They all make an identical promise about savings if you move to them. How does each company make the same claim? It’s all in the numbers.

All companies are able to cherry pick for the type of customer that is profitable for them. An example of a preferred risk might be profiled as over the age of 40, is a homeowner, and has excellent credit. A customer getting a price quote that hits that “sweet spot” is entitled to the best price and as a result will probably cut their rates substantially.

Drivers who don’t meet the “perfect” profile will be quoted higher premiums which leads to the driver buying from a lower-cost company. Company advertisements say “drivers who switch” but not “drivers who get quotes” save money. That’s the way insurance companies can advertise the savings. This emphasizes why you should get a wide range of price quotes. It is impossible to predict which company will provide you with the cheapest Chevy Impala insurance rates.

Your Chevy Impala insurance rate is a complex equation

It’s important that you understand the rating factors that help determine the price you pay for insurance coverage. Understanding what influences your rates allows you to make educated decisions that will entitle you to better insurance coverage rates.

  • Don’t skimp on liability – Your policy’s liability coverage provides coverage when you are found to be at fault for damages caused by your negligence. Liability insurance provides legal defense which can cost thousands of dollars. Liability insurance is quite affordable as compared to coverage for physical damage, so drivers should carry high limits.
  • Are you male or female? – Statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that women are better drivers. They both are in accidents in similar percentages, but the male of the species cause more damage. Men also tend to have more aggressive citations such as DWI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and thus pay the highest rates.
  • No coverage gaps is important – Not having insurance can get your license suspended and as a result your rates will increase for letting your insurance lapse. And not only will your rates increase, but being ticketed for driving with no insurance will get you a steep fine or even jail time.You may need to prove you have insurance by filing a SR-22 with your state DMV.
  • Rates may be higher depending on your occupation – Did you know your job can affect your rates? Occupations such as judges, architects and dentists tend to pay the highest average rates attributed to stressful work requirements and lengthy work days. Other jobs such as scientists, historians and performers have the lowest average rates on Impala insurance.
  • Teen drivers pay high rates – Young drivers have a tendency to be more careless behind the wheel so they pay higher insurance coverage rates. Having to add a teenage driver onto your insurance coverage can be quite pricey. Older drivers are viewed as being more responsible, file fewer claims and tend to be better behind the wheel.
  • Little extras can really add up – There are many extra bells and whistles that you can buy when buying insurance coverage. Coverages like personal injury protection, towing coverage and term life insurance are some examples. They may seem like a good idea when talking to your agent, but if they’re wasting money get rid of them and save.
  • Consolidate policies to earn discounts – Some companies give discounts to insureds who carry more than one policy. It’s known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. Even though this discount sounds good, you may still want to compare rates to verify if the discount is saving money.
  • Low deductibles can be expensive – Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Chevy. Examples of covered claims are running into the backend of another car, damage caused by hail, and windstorm damage. The deductibles are how much you are required to spend if you file a covered claim. The more expense you’re willing to pay, the bigger discount you will receive on Impala insurance.

Take discounts and save

Car insurance companies don’t always list all available discounts very clearly, so here is a list some of the best known and the harder-to-find savings tricks you should be using.

  • Seat Belts Save – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off your PIP or medical payments premium.
  • Drivers Education – Have your child enroll in driver’s education in school.
  • Multi-policy Discount – If you have multiple policies with one company you may earn approximately 10% to 15%.
  • Accident Forgiveness – Certain companies permit an accident without raising rates so long as you haven’t had any claims prior to the accident.
  • Military Discounts – Having a deployed family member can result in better rates.
  • Multi-car Discount – Having more than one vehicle with the same company can get a discount on all vehicles.
  • Organization Discounts – Affiliation with a civic or occupational organization could qualify you for a break on your policy on Impala insurance.
  • College Student – Any of your kids who are attending college without a vehicle on campus may be able to be covered for less.

It’s important to understand that most of the big mark downs will not be given to the entire cost. A few only apply to specific coverage prices like comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, you’re out of luck.

Insurance companies that may offer some of the above discounts include:

Check with each company how you can save money. Discounts might not apply everywhere.

Which policy gives me the best coverage?

When choosing coverage, there really is no cookie cutter policy. Each situation is unique so this has to be addressed. For instance, these questions might help in determining if you would benefit from an agent’s advice.

  • What are the best liability limits?
  • When would I need additional glass coverage?
  • Will my rates increase for filing one claim?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • What if I don’t agree with a claim settlement offer?
  • What is roadside assistance coverage?
  • When should I buy a commercial auto policy?

If you’re not sure about those questions then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Parts of your insurance policy

Understanding the coverages of a insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.

Auto liability insurance

Liability insurance protects you from damages or injuries you inflict on a person or their property by causing an accident. It protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage protects against things such as loss of income, medical services and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible.

Uninsured and underinsured coverage

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Coverage for medical payments

Med pay and PIP coverage reimburse you for immediate expenses like X-ray expenses, nursing services and prosthetic devices. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as damaging your car on a curb, colliding with a tree, hitting a parking meter and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive coverages

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like damage from a tornado or hurricane, damage from flooding and hitting a bird. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Have money to burn

Lower-priced 2002 Chevy Impala insurance is definitely available from both online companies in addition to many insurance agents, and you need to price shop both to get a complete price analysis. Some companies do not provide online quoting and these smaller companies work with independent agents.

Throughout this article, we presented a lot of techniques to compare insurance prices online. The key concept to understand is the more you quote, the better chance you’ll have of finding lower rates. You may even discover the most savings is with the smaller companies. These smaller insurers can often provide lower rates in certain areas as compared to the big name companies such as Allstate and Progressive.

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