How Much Does 2007 Chevrolet Impala Insurance Cost?

Want lower insurance rates for your Chevrolet Impala? Frustrated by the crazy number of insurance providers available to you? drivers have so many providers available that it can easily become a difficult situation to find the perfect company for you.

Consumers should take time to compare premium rates occasionally because prices change regularly. Just because you had the best price on Impala coverage a few years ago a different company probably has better rate quotes today. Forget all the misinformation about insurance because you’re going to learn one of the best ways to save on insurance.

How to buy auto insurance online

To find cheap rates, there are a couple of ways to compare quotes from local auto insurance companies. The easiest way by far to compare 2007 Chevy Impala insurance prices involves getting comparison quotes online. It is quite easy and can be accomplished by using one of the methods below.

  • The fastest and easiest way consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This style of form saves time by eliminating boring form submissions for every prospective company. In just a few minutes this one form gets insurance cost estimates from multiple companies. This is perfect if you don’t have a lot of time.
  • A slightly less efficient method to compare rate quotes is to manually visit the website for each individual company and fill out a new quote form. For examples sake, we’ll assume you want to get rates from Nationwide, Allstate and GEICO. In order to compare rates, you need to spend time on each company’s site and punch in your information repeatedly, which can be really labor intensive. For a handy list of car insurance company links in your area, click here.

Which method you use is up to you, but make absolute certain that you use nearly identical coverage limits on every price quote you get. If you compare mixed coverages it will be next to impossible to make a fair rate comparison. Just a small difference in limits could mean much higher rates. And when comparing auto insurance rates, know that comparing more rates from different companies increases the change that you will find a better price.

Insurance coverage myths debunked

Respected companies like Allstate, GEICO and Progressive endlessly run television and radio advertisements. They all state the claim about how much you will save if you just switch to them. It sounds good, but how can they all lower your prices? It’s all in the wording.

Insurance coverage companies have specific guidelines for the type of insured that will be a good risk. For instance, a preferred risk might have to be between the ages of 30 and 45, is a homeowner, and drives less than 10,000 miles a year. Any person that meets those criteria will probably get the lowest premium rates and therefore will pay quite a bit less when switching companies.

People who fall short of these criteria must pay higher premiums with the end result being the customer buying from a different company. If you pay close attention to the ads, they say “drivers who switch” not “all people who quote” save money. That’s why companies can make claims like that.

This illustrates why you really should get as many free insurance coverage quotes as possible. Because without a comparison, you cannot know the company that will have the lowest rates.

Informed consumers save on insurance

Many factors are used in the calculation when you quote your car insurance policy. Most are fairly basic such as traffic violations, although others are not as apparent such as your credit history and annual miles driven.

  • Add-on coverages can cost a lot – There are many optional add-on coverages that you can get tricked into buying if you aren’t careful. Coverages like rental car reimbursement, high-cost glass coverage, and additional equipment coverage are some examples. These coverages may sound good at first, but if you’ve never needed them in the past eliminate the coverages to reduce your premium.
  • Don’t abuse insurance claims – Companies generally give discounts to insureds who are claim-free. If you’re an insured who likes to file claims you can pretty much guarantee either higher rates or even cancellation. Insurance coverage is intended for major claims that would cause financial hardship.
  • Credit history impact insurance prices – Credit score will be a significant factor in calculating your premium rate. Consumers who have excellent credit tend to file fewer claims and have better driving records than drivers with worse credit. If your credit score leaves room for improvement, you could pay less to insure your 2007 Chevrolet Impala by spending a little time repairing your credit.
  • Drive less and save – The more you drive annually the higher your rates will be. Many insurance companies rate vehicles based upon how you use the vehicle. Cars and trucks that do not get driven very much can get a lower rate than vehicles that have high annual mileage. Having the wrong rating on your Impala is just wasting money. Double check that your policy shows the correct usage, because it can save money.
  • With age comes responsibility – Older drivers tend to be more responsible, are lower risk to insure and are safer drivers.Drivers with little experience are known to be less responsible in a vehicle so they pay higher insurance rates.

Use discounts on insurance

Some providers do not list the complete list of policy discounts in an easy-to-find place, so the list below contains some of the more common and the harder-to-find discounts you could be receiving when you buy insurance coverage online.

  • Multi-policy Discount – When you have multiple policies with one insurance company you will save approximately 10% to 15%.
  • Federal Government Employee – Federal government employees may qualify for a discount when you quote insurance coverage on Impala coverage depending on your insurance provider.
  • Anti-lock Brake System – Cars and trucks with ABS and/or traction control can avoid accidents so companies give up to a 10% discount.
  • Clubs and Organizations – Having an affiliation with a civic or occupational organization can get you a small discount when shopping for insurance.
  • Discount for Swiching Early – Some companies provide a discount for switching to them prior to your current policy expiration. It’s a savings of about 10%.

It’s important to note that many deductions do not apply to all coverage premiums. Most cut the price of certain insurance coverages like comprehensive or collision. Just because it seems like you can get free auto insurance, you won’t be that lucky. Any amount of discount will reduce the cost of your policy.

To see a list of insurance companies that have a full spectrum of discounts, follow this link.

Tailor your insurance coverage coverage to you

When choosing the right insurance coverage, there really is no “best” method to buy coverage. Everyone’s situation is unique.

For instance, these questions can aid in determining if you would benefit from an agent’s advice.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Will my rates increase for filing one claim?
  • Do I need added coverage for expensive stereo equipment?
  • What is high-risk coverage and where do I buy it?
  • Do I need motorclub coverage?
  • Does medical payments coverage apply to all occupants?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form.

Detailed coverages of your insurance policy

Having a good grasp of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as a broken windshield, vandalism, a tree branch falling on your vehicle and theft. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as doctor visits, ambulance fees, rehabilitation expenses and nursing services. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and may carry a deductible

Auto liability insurance

Liability coverage will cover injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things such as repair costs for stationary objects, attorney fees, structural damage and legal defense fees. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

UM/UIM Coverage

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for hospital bills for your injuries and damage to your 2007 Chevy Impala.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently the UM/UIM limits are set the same as your liablity limits.

Auto collision coverage

Collision coverage covers damage to your Impala from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as backing into a parked car, driving through your garage door, damaging your car on a curb, colliding with another moving vehicle and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also choose a higher deductible to save money on collision insurance.

In Summary

We just showed you some good ideas how to shop for 2007 Chevy Impala insurance online. The key concept to understand is the more you quote insurance coverage, the higher the chance of saving money. You may be surprised to find that the lowest rates are with a small local company.

Consumers who switch companies do it for a variety of reasons including policy cancellation, lack of trust in their agent, questionable increases in premium or being labeled a high risk driver. Regardless of your reason, finding a great new company is easier than you think.

Discount 2007 Chevy Impala insurance can be sourced online in addition to local insurance agencies, and you should be comparing both to have the best chance of lowering rates. Some companies do not provide the ability to get quotes online and these regional carriers provide coverage only through independent agencies.

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