Cheaper 2008 Chevrolet Impala Car Insurance Rates

Consumers who are new to comparing insurance rates online could find purchasing low-cost auto insurance is more work than they anticipated.

Cut your auto insurance rates with discounts

Insurance can be prohibitively expensive, but companies offer discounts that can drop the cost substantially. Larger premium reductions will be automatically applied at the time of quoting, but a few need to be asked for before you get the savings.

  • Federal Government Employee – Simply working for the federal government can save as much as 8% on Impala insurance depending on your company.
  • Multiple Cars – Buying coverage for all your vehicles with the same company may reduce the rate for each vehicle.
  • Early Switch Discount – Select companies give a discount for buying a policy prior to your current policy expiration. It’s a savings of about 10%.
  • Safety Course Discount – Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
  • Homeowners Savings – Being a homeowner may trigger a auto insurance policy discount due to the fact that maintaining a home is proof that your finances are in order.
  • Passive Restraints and Air Bags – Cars that have air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less compared to insuring an older model.
  • Bundle and Save – When you have multiple policies with the same company you may save approximately 10% to 15%.
  • No Charge for an Accident – Certain companies will allow you to have one accident before raising your premiums as long as you don’t have any claims prior to the accident.

A little note about advertised discounts, most discounts do not apply to the entire policy premium. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like it’s possible to get free car insurance, companies wouldn’t make money that way. Any qualifying discounts will help reduce the cost of coverage.

Insurance companies who might offer these benefits may include but are not limited to:

It’s a good idea to ask each company how you can save money. Savings may not be available in your area.

Cheap Car Insurance Comparisons

When shopping for car insurance there are multiple ways to compare quotes from car insurance companies in your area. By far the easiest way to find the lowest 2008 Chevy Impala rates involves getting comparison quotes online. It is quite easy and can be accomplished using a couple different methods.

  • The first (and easiest) way to find the lowest comparison rates is to use a rate comparison form like this one (opens in new window). This easy form prevents you from having to do separate quotes for each company. Filling out one form gets rate comparisons from many national carriers. This is perfect if you don’t have a lot of time.
  • A different way to compare prices is going to each individual company website and request a quote. For examples sake, we’ll assume you want comparison quotes from Allstate, 21st Century and Liberty Mutual. To get each rate you have to spend time on each company’s site and enter your information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.
  • The most time-consuming method of comparing rate quotes is to spend time driving to different agent offices. Buying insurance online makes this process obsolete unless you require the professional advice of a local agent. You can, however, get the lowest quotes online and still use a local agent and we’ll cover that in a bit.

It’s up to you which method you use, but make absolute certain that you use identical coverage limits on every quote you get. If you are comparing different values for each quote you will not be able to make a fair comparison for your Chevy Impala. Just a small difference in limits can result in a big premium difference. Just keep in mind that getting more free quotes helps you find a better price.

Why your Chevy Impala insurance rates may be high

An important part of buying insurance is that you know the factors that come into play when calculating the price you pay for auto insurance. When you know what positively or negatively determines base rates allows you to make educated decisions that can help you get lower auto insurance prices.

The list below includes some of the items companies use to determine your rates.

  • Where you reside plays a part – Living in less populated areas can save you money when buying auto insurance. Lower population translates into fewer accidents. Urban drivers tend to have traffic congestion and much longer commute distances. Longer commute distances can result in more accidents.
  • Your auto insurance rates can be influenced by your job – Did you know your occupation can influence how much you pay for auto insurance? Occupations like real estate brokers, executives and dentists tend to pay the highest average rates attributed to high stress and long work hours. Other professions such as pilots, historians and performers have the lowest average rates on Impala insurance.
  • Low deductibles can be expensive – The deductibles define the amount you are willing to pay if you file a covered claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, insures against damage to your car. Examples of covered claims would be running into the backend of another car, collision with an animal, or theft. The more you’re willing to pay, the less your company will charge you for insurance on Impala insurance.
  • Poor credit can mean higher rates – Your credit rating is a large factor in determining your rates. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers who have lower credit ratings. If your credit can use some improvement, you could pay less to insure your 2008 Chevrolet Impala by spending a little time repairing your credit.

You are unique and your insurance should be too

When it comes to buying the best insurance coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s needs are different.

These are some specific questions might point out whether your personal situation would benefit from professional advice.

  • Is my business laptop covered if it gets stolen from my vehicle?
  • Is my Chevy Impala covered if I use it for business?
  • How much liability insurance is required?
  • Is my 2008 Chevy Impala covered for flood damage?
  • Are split liability limits better than a combined single limit?
  • What if I don’t agree with a claim settlement offer?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form.

Misconceptions in car insurance advertisements

Companies like State Farm, Geico and Progressive continually stream television and radio advertisements. All the ads make the same claim about savings after switching your policy. How does each company say the same thing? It’s all in the numbers.

Different companies can use profiling for the right customer that earns them a profit. An example of a driver they prefer could be a mature driver, has no tickets, and drives less than 10,000 miles a year. Any driver that hits that “sweet spot” will get very good rates and most likely will save quite a bit of money when switching.

Drivers who fall outside this ideal profile will be charged a more expensive rate and this can result in the driver buying from a lower-cost company. The ad wording is “drivers who switch” not “people who quote” save money. That’s the way insurance companies can confidently advertise the savings.

That is why you should get as many quotes as possible. You cannot predict which company will provide you with the cheapest Chevy Impala insurance rates.

Insurance coverages 101

Learning about specific coverages of a insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and coverage can change by endorsement.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Impala.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Most of the time these coverages do not exceed the liability coverage limits.

Comprehensive coverage

Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like a tree branch falling on your vehicle, theft, a broken windshield, hitting a bird and rock chips in glass. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like hospital visits, dental work, X-ray expenses and prosthetic devices. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Liability coverages

This protects you from damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things such as legal defense fees, attorney fees and loss of income. How much coverage you buy is your choice, but you should buy as much as you can afford.

Collision insurance

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as crashing into a ditch, crashing into a building, sideswiping another vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Better coverage you can count on

People change insurance companies for a number of reasons such as delays in responding to claim requests, delays in paying claims, lack of trust in their agent or even being labeled a high risk driver. No matter why you want to switch, switching companies is not as hard as you think.

Budget-conscious 2008 Chevy Impala insurance can be found online as well as from independent agents, so you should be comparing quotes from both to have the best chance of lowering rates. There are still a few companies who don’t offer online price quotes and many times these smaller companies only sell through independent insurance agents.

In this article, we covered a lot of ways to get a better price on insurance. It’s most important to understand that the more times you quote, the higher your chance of finding lower rates. Consumers may even find the lowest rates come from a small local company.

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