Lower Your 2007 Chevrolet Monte Carlo Insurance Rates

Are you regretting the purchase of an underperforming, overpriced car insurance policy? Trust us when we tell you you’re not the only one.

People have many insurers to insure vehicles with, and though it is a good thing to have a selection, more options can take longer to compare company pricing.

You should take the time to get comparison quotes at least once a year since prices are rarely the same from one policy term to another. Just because you had the best price for Monte Carlo insurance a couple years back you may be paying too much now. Block out anything you think you know about car insurance because you’re going to learn the proper way to properly buy coverages and cut your premium.

How to compare insurance coverage price quotes

The are a couple different ways to compare rate quotes from many available insurance coverage companies in your state. By far the easiest way to find affordable 2007 Chevy Monte Carlo insurance rates is to perform an online rate comparison. It’s really quite simple and can be done in several different ways.

  • If you don’t have a lot of time, the easiest way to get quotes for comparison is to use a rate comparison form (click to open form in new window). This type of form eliminates the need for a different quote for each price estimate. One quote request will return quotes from all major companies.
  • A more time consuming way to compare rate quotes consists of visiting the website for each individual company and repeat the quote process again and again. For example, we’ll pretend you want rates from Allstate, Liberty Mutual and GEICO. To get each rate you have to go to each individual site and punch in your information repeatedly, which can be really labor intensive.

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

  • The least recommended way to compare price quotes is going to insurance agencies in your area. The fact that you can get quotes online eliminates this option unless your situation requires the guidance of a local agency. Some companies do allow you to find lower rates online but have a local agent actually write the policy.

It doesn’t matter which method you choose, just make darn sure you compare apples-to-apples quote data for every company. If you are comparing higher or lower deductibles it will be impossible to determine which rate is truly the best. Even a minor difference in insurance coverages could mean much higher rates. And when comparison shopping, comparing more quotes helps locate more affordable rates. Some insurance companies are not set up to provide rate quotes online, so you also need to get price estimates from the smaller companies as well.

Save 15 percent in 15 minutes? Is it for real?

Auto insurance companies such as Allstate and Progressive regularly use ads on TV and radio. All the ads tend to make the same promise that you’ll save big if you move your policy. It sounds good, but how can they all charge less that you’re paying now? It’s all in the numbers.

All companies give the best rates for the type of driver that will not have excessive claims. For instance, this type of insured could be over the age of 45, has a clear driving record, and insures a new vehicle. A driver who fits that profile will probably get the lowest car insurance rates and most likely will save money with a new company.

People who fall outside those criteria will probably be forced to pay higher premiums which translates to the customer buying from someone else. If you listen to the ad wording, they say “customers who switch” not “everyone who quotes” will save that much if they switch. This is how insurance companies can confidently lure you into getting a quote. That is why you should compare quotes as often as possible. It is impossible to guess which company will provide you with the cheapest car insurance rates.

The Chevy Monte Carlo insurance cost equation

The best way to find cheaper car insurance is to take a look at some of the factors that help calculate car insurance rates. If you have a feel for what controls the rates you pay, this enables you to make decisions that can help you get cheaper rates.

The list below includes a partial list of the pieces that factor into rates.

  • Accidents can increase rates – Even one moving violation can boost insurance rates substantially. Careful drivers have lower premiums than bad drivers. Drivers unfortunate enough to have serious violations such as DUI or willful reckless driving may find that they have to to submit a SR-22 or proof of financial responsibility with their state’s licensing department in order to prevent their license from being revoked.
  • Never allow your car insurance policy to lapse – Driving any period of time without insurance is illegal and you will pay a penalty because you let your coverage have a gap. Not only will rates go up, being ticketed for driving with no insurance may earn you a steep fine or even jail time.
  • High car insurance claims frequency drives up car insurance rates – If you tend to file frequent claims, you should expect either higher rates or even cancellation. Insurance companies provide lower rates to drivers who are claim-free. Your insurance policy is intended for more catestrophic claims.
  • Know your vehicle’s safety rating – Vehicles that have high safety ratings tend to be cheaper to insure. Vehicles built for safety help reduce the chance of injuries in an accident and any reduction in injury severity means your insurance company pays less which can result in lower premiums.
  • Discounts for multiple policies – Most larger insurers apply better rates to buyers that have more than one policy in the form of a multi-policy discount. This can amount to as much as ten percent or more Even if you’re getting this discount it’s in your best interest to compare other insurance prices to make sure you are getting the best deal.
  • Credit history impacts premium costs – An insured’s credit score can be an important factor in calculating your car insurance rates. If your credit can use some improvement, you could save money insuring your 2007 Chevrolet Monte Carlo by improving your rating. People that have good credit tend to be more responsible and file fewer claims than drivers with poor credit scores.

Take advantage of every car insurance discount

Companies do not advertise the entire discount list in a way that’s easy to find, so we researched both the well known and also the more inconspicuous car insurance savings.

  • Discounts for Responsible Drivers – Insureds without accidents can pay as much as 50% less for Monte Carlo insurance than less cautious drivers.
  • Multi-line Discount – If the company offers life insurance, you could get a small discount if you purchase a life policy as well.
  • Discount for Low Mileage – Low mileage vehicles could qualify for discounted premium rates on garaged vehicles.
  • Paperwork-free – Many companies give back up to $50 shop auto insurance on the internet.
  • Senior Citizen Discount – Drivers over the age of 55 can possibly qualify for a small discount on rates for Monte Carlo insurance.
  • Anti-lock Brake System – Cars and trucks that have anti-lock braking systems prevent accidents so companies give up to a 10% discount.
  • Use Seat Belts – Drivers who require all vehicle occupants to wear their seat belts can save a little off the PIP or medical payment premium.

You should keep in mind that many deductions do not apply to the entire cost. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears you could get a free car insurance policy, you aren’t that lucky.

To see insurers that provide some of the discounts listed above, click here.

How to know if you need help

When it comes to buying coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions might point out whether you might need professional guidance.

  • Is there coverage for injuries to my pets?
  • What happens if I owe more than my 2007 Chevy Monte Carlo is worth?
  • Do I really need UM/UIM coverage?
  • Does my 2007 Chevy Monte Carlo qualify for pleasure use?
  • Am I better off with higher deductibles on my 2007 Chevy Monte Carlo?
  • Do I have any recourse if my insurance company denies a claim?
  • What can I do if my company won’t pay a claim?
  • When can I cancel my policy?
  • Am I covered when driving in Canada or Mexico?
  • Is upholstery damage covered by car insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area.

Auto insurance coverage options for a 2007 Chevy Monte Carlo

Knowing the specifics of auto insurance aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Listed below are the normal coverages found on most auto insurance policies.

Collision coverage – This coverage will pay to fix damage to your Monte Carlo caused by collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like sustaining damage from a pot hole, crashing into a building, crashing into a ditch, colliding with a tree and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Liability car insurance – This provides protection from damages or injuries you inflict on people or other property. This insurance protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

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. As an example, you may have policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims like medical expenses, court costs, bail bonds, funeral expenses and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

UM/UIM Coverage – This coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 2007 Chevy Monte Carlo.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Medical costs insurance – Med pay and PIP coverage reimburse you for short-term medical expenses for things like hospital visits, ambulance fees, EMT expenses and dental work. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hail damage, hitting a deer, falling objects, damage from a tornado or hurricane and a tree branch falling on your vehicle. The most your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Affordable insurance is out there

When buying insurance coverage, make sure you don’t skimp on coverage in order to save money. In many cases, consumers will sacrifice comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The proper strategy is to get the best coverage possible at the best price, but don’t skip important coverages to save money.

We just showed you a lot of ways to reduce 2007 Chevy Monte Carlo insurance rates online. The most important thing to understand is the more providers you compare, the better your comparison will be. You may even discover the lowest priced insurance comes from some of the smallest insurance companies. Some small companies often have lower car insurance rates on specific markets compared to the large companies like Allstate or State Farm.

More detailed insurance information can be found by following these links: