How Much Does 1996 Chevrolet Monte Carlo Insurance Cost?

Want lower auto insurance rates for your Chevrolet Monte Carlo? Are you regretting the purchase of an overpriced auto insurance policy? It’s quite common and many consumers are in the same pinch.

Big companies like Geico, 21st Century and Progressive all claim big savings, bombarding you with TV and radio ads and it is challenging if not impossible to ignore the promise of big savings and take the time to shop coverage around.

It’s a good habit to do rate comparisons quite often since insurance rates are usually higher with each renewal. Even if you got the best deal for Monte Carlo coverage last year you will most likely find a better price today. Forget anything you know (or think you know) about auto insurance because you’re about to learn the tricks you need to know to remove unneeded coverages and save money.

The fastest way that we advise to compare car insurance rates is to know the trick auto insurance companies pay for the opportunity to compare their rates. The only thing you need to do is provide the companies a bit of rating information including your credit rating estimate, if you’re married, the year, make and model of vehicles, and your occupation. That rating information is instantly sent to multiple companies and they respond with quotes within a short period of time.

To compare multiple company rates now, click here and enter the information requested.

Find hidden discounts to get affordable insurance quotes

Insurance is expensive, but you might be missing out on some discounts that can help lower your rates. Some trigger automatically when you quote, but a few must be asked for in order for you to get them. If you’re not getting every credit you deserve, you are not getting the best rate possible.

• Senior Citizen Discount – If you’re over the age of 55, you may receive a discount up to 10% for Monte Carlo coverage.
• Drivers Ed for Students – Have your child take driver’s ed class if offered at their school.
• Distant College Student Discount – Older children who live away from home to go to college and do not have a car can receive lower rates.
• Discounts for Multiple Vehicles – Buying coverage for several vehicles on one policy could earn a price break for each car.
• Driver Safety – Taking a course in defensive driver could possibly earn you a 5% discount and make you a better driver.

Policy discounts save money, but some credits don’t apply to the entire cost. Most cut the cost of specific coverages such as comp or med pay. So when the math indicates you can get free auto insurance, you aren’t that lucky.

A partial list of companies that may offer policyholders these benefits are:

• 21st Century
• State Farm
• AAA
• Liberty Mutual
• Progressive

When comparing rates, check with all companies you are considering which credits you are entitled to. Some discounts may not be available in your area. For a list of insurance companies that offer discounts, click this link.

Tailor your insurance coverage coverage to you

When it comes to buying adequate coverage, there is no “best” method to buy coverage. Everyone’s needs are different and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover if your situation might need professional guidance.

• When can my company non-renew my policy?
• Can I get a multi-policy discount?
• Should I get collision insurance on every vehicle?
• What if I total my 1996 Chevy Monte Carlo and owe more than it’s worth?
• I have health insurance so do I need medical payments coverage?
• Is a blown tire covered by insurance?
• Can my teen driver be rated on a liability-only vehicle?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

How insurance providers calculate Chevy Monte Carlo insurance premiums

One of the most helpful ways to save on insurance is to to have a grasp of some of the elements that play a part in calculating the level of your policy premiums. If you have a feel for what impacts premium levels, this allows you to make good choices that may reward you with lower rates.

• Don’t cancel your insurance policy without a new one in place – Having a gap between insurance policy dates is a quick way to bump up your insurance costs. Not only will you pay higher rates, failure to provide proof of insurance could result in a fine, jail time, or a revoked license.
• Driver age impacts rates – Mature drivers have been proven to be more responsible, cause fewer claims and accidents .Beginning drivers have a tendency to be easily distracted when driving so insurance rates are higher.
• Liability coverage risk factors in – The liability coverage on your policy kicks in when a jury decides you are liable for damages from an accident. Your liability coverage provides for a legal defense to attempt to prove you were not liable. This coverage is very inexpensive compared to physical damage coverage, so drivers should buy more than the minimum limits required by law.
• Vocation stress can affect prices – Occupational choices like fire fighters, social workers and miners tend to pay higher premiums than the average policyholder because of job stress and long work hours. Other jobs such as farmers, engineers and retirees receive lower rates for Monte Carlo coverage.
• Pay more by driving carelessly – Just one speeding ticket can increase the cost of insurance by as much as thirty percent. Drivers who don’t get tickets get better rates compared to drivers with tickets. People who have dangerous violations like hit and run, DWI or reckless driving convictions may find they need to complete a SR-22 with the DMV in their state in order to prevent their license from being revoked.
• High credit saves on insurance – An insured’s credit rating can be an important factor in determining what you pay. So if your credit rating can be improved, you could pay less to insure your 1996 Chevrolet Monte Carlo by spending a little time repairing your credit. Drivers who have good credit tend to file fewer claims and have better driving records than drivers who have lower credit scores.
• Costs can change based on your address – Residing in a rural area can be a good thing when it comes to insurance. Urban drivers tend to have more aggressive driving styles and more time behind the wheel. Lower population means less chance of accidents in addition to lower liability claims
• More than one policy can earn a discount – Lots of companies afford lower prices to buyers who have multiple policies with them. It’s known as a multi-policy discount. Even if you already get this discount, drivers will still want to compare other insurance prices to confirm you are receiving the best rates possible.There is a good possibility that you can find better rates even if you insure with multiple companies

Coverages available on your policy

Learning about specific coverages of a insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring. These are typical coverages found on the average insurance policy.

Coverage for liability

This will cover injuries or damage you cause to people or other property that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage pays for things such as legal defense fees, structural damage, medical services and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your Chevy Monte Carlo.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive insurance

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, falling objects, hitting a bird, vandalism and rock chips in glass. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for collisions

This will pay to fix damage to your Monte Carlo resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like sideswiping another vehicle, driving through your garage door, rolling your car, crashing into a building and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for surgery, X-ray expenses and EMT expenses. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible

Quote more, save more

When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. In many cases, someone dropped comprehensive coverage or liability limits only to regret at claim time that the small savings ended up costing them much more. Your focus should be to get the best coverage possible at a price you can afford while still protecting your assets.

Cost effective 1996 Chevy Monte Carlo insurance is definitely available online and with local insurance agents, and you should compare rates from both to get a complete price analysis. There are still a few companies who do not offer the ability to get a quote online and many times these regional carriers provide coverage only through local independent agents.

We’ve covered a lot of tips how to lower your 1996 Chevy Monte Carlo insurance rates. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. You may even discover the biggest savings come from the smaller companies. They may have significantly lower auto insurance rates on certain market segments as compared to the big name companies such as State Farm, Geico and Nationwide.

Much more information about car insurance can be found at the links below

• Protecting Teens from Drunk Driving (Insurance Information Insitute)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Tread Depth and Tire Safety (State Farm)
• What is Covered by GAP Insurance? (Allstate)