How Much Does 2006 Chevrolet Impala Insurance Cost?

Tired of paying out the nose to insure your Chevy every month? Your situation is no different than many other consumers.

Many car insurance companies vie for your insurance dollar, and because of this it can be hard to compare insurers to find the absolute lowest price

It’s important to compare rates occasionally since insurance rates change frequently. If you had the best price for Impala insurance a year ago you can probably find a better price now. Ignore everything you know about insurance because I’m going to let you in on the secrets to one of the easiest ways to reduce your cost while improving coverage.

If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these techniques. Finding affordable coverage is easy if you know what you’re doing. Although car owners do need to know how companies price insurance differently and use this information to your advantage.

Car Insurance Prices Online

The are a couple different ways of comparing price quotes from local car insurance companies. The fastest way to find the cheapest 2006 Chevy Impala insurance rates is to get quotes online. It is quite easy and can be accomplished using a couple different methods.

The recommended way consumers can make multiple comparisons would be an industry-wide quote request form like this one (opens in new window). This method eliminates the need for separate quotation requests to each individual car insurance company. One form will return price quotes from car insurance companies with the best prices.

A different way to shop for car insurance online requires visiting the website of each company to complete a price quote. For instance, let’s say you want rates from State Farm, 21st Century and Progressive. To find out each rate you need to go to every website to input your insurance information, which is why the first method is more popular.

For a list of links to insurance companies in your area, click here.

It’s your choice how you get your quotes, but compare identical deductibles and coverage limits for every quote you compare. If your comparisons have different liability limits it will be impossible to make a fair comparison for your Chevy Impala. Quoting even small variations in insurance coverages may cause a big price difference. And when comparison shopping, getting more free quotes will enable you to find the best offered rates.

Chevy Impala rates are complex

Smart consumers have a good feel for the different types of things that come into play when calculating your car insurance rates. Knowing what controls the rates you pay enables informed choices that may reward you with better car insurance rates.

The list below includes a few of the “ingredients” car insurance companies consider when setting rates.

  • Your occupation can affect rates – Did you know your car insurance rates can be affected by your occupation? Careers like real estate brokers, business owners and accountants are shown to have higher rates than average due to high stress levels and long work hours. On the flip side, occupations like pilots, athletes and homemakers pay the least for Impala insurance.
  • An active claims history can cost you – If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Auto insurance companies generally give cheaper rates to policyholders who do not file claims often. Car insurance is meant to be used in the event of the large, substantial claims.
  • High credit ratings translate to low rates – Your credit rating is a huge factor in calculating your car insurance rates. Consumers who have high credit scores tend to be less risk to insure than drivers with lower ratings. So if your credit rating can use some improvement, you could save money insuring your 2006 Chevrolet Impala by improving your credit score.
  • Liability coverage is cheap – Your policy’s liability coverage is the protection when a jury decides you are liable for causing damage or personal injury in an accident. It provides legal defense up to the limits shown on your policy. Liability insurance is quite affordable as compared to coverage for physical damage, so buy as much as you can afford.

Save on 2006 Chevy Impala insurance

Companies offering auto insurance don’t always advertise every available discount in a way that’s easy to find, so here is a list both the well known and the more hidden ways to save on auto insurance.

  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can avoid accidents and earn discounts up to 10%.
  • Drivers Education – Have your child take driver’s ed class in high school.
  • Paperless Signup – Some insurance companies will discount your bill up to fifty bucks for buying your policy over the internet.
  • Own a Home – Simply owning a home may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Life Insurance – Select insurance companies reward you with lower rates if you buy life insurance.
  • Safe Driver Discount – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for Impala insurance than drivers with accident claims.
  • Club Memberships – Participating in certain professional organizations could qualify you for a break on auto insurance for Impala insurance.
  • Accident Forgiveness – Some insurance companies permit an accident before hitting you with a surcharge if your claims history is clear for a certain period of time.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Most only reduce individual premiums such as liability, collision or medical payments. So even though they make it sound like you could get a free auto insurance policy, companies wouldn’t make money that way.

For a list of providers offering auto insurance discounts, click here.

Tailor your coverage to you

When buying coverage, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. Here are some questions about coverages that can aid in determining if your situation could use an agent’s help.

  • What is PIP insurance?
  • How much can I save by bundling my policies?
  • Do I need an umbrella policy?
  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered if I hit a deer?
  • Can I rate high risk drivers on liability-only vehicles?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Is motorclub coverage worth it?
  • Will filing a claim cost me more?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.

Educate yourself about car insurance coverages

Having a good grasp of your car insurance policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types available from car insurance companies.

Uninsured/Underinsured Motorist coverage

This coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Chevy Impala.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for bills such as prosthetic devices, dental work, pain medications and X-ray expenses. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto liability

This coverage provides protection from injuries or damage you cause to other’s property or people that is your fault. This coverage 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. Your policy might show values of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims such as medical services, repair costs for stationary objects and structural damage. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

Collision insurance

Collision insurance will pay to fix damage to your Impala resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims like colliding with a tree, scraping a guard rail and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like rock chips in glass, vandalism and fire damage. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Compare but don’t skimp

We covered many ways to lower your 2006 Chevy Impala insurance rates. It’s most important to understand that the more you quote, the better your chances of lowering your rates. You may be surprised to find that the lowest premiums are with the smaller companies. Smaller companies may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate and Progressive.

Low-cost insurance can be purchased online as well as from independent agents, so compare prices from both to have the best selection. Some companies don’t offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

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