Cheaper 2015 Chevrolet Impala Car Insurance Rates

Searching for lower auto insurance rates for your Chevrolet Impala? Think you have overpriced auto insurance? Don’t sweat it because many consumers feel financially strained by their auto insurance policy. Many insurance companies vie for your insurance dollar, and because of this it can be hard to compare insurance companies to get the cheapest price

If you have a current auto insurance policy or are just looking to switch companies, you can use this information to get lower rates while maintaining coverages. Choosing the best insurance company for you is not rocket science. Vehicle owners only need an understanding of how to shop their coverage around over the internet.

The best way to compare insurance rates in your area is to understand almost all companies will pay a fee to compare their rates. All consumers are required to do is spend a couple of minutes providing details including whether or not you need a SR-22, any included safety features, if the car is leased, and an estimate of your credit level. Your insurance information gets sent immediately to many highly-rated insurers and you should receive rate quotes quickly.

Truth in auto insurance advertising

Consumers get pounded daily by advertisements that claim the best premium rates from the likes of State Farm, GEICO and Progressive. They all seem to convey the message of big savings after switching your coverage.

How can each company charge you a lower premium? It’s all in how they say it.

Insurance companies are able to cherry pick for the driver that earns them the highest profit. For instance, a desirable risk might have to be between 30 and 50, has no prior claims, and drives less than 5,000 miles a year. Someone who matches that profile will get the preferred rates and as a result will probably save when switching.

People who don’t meet the requirements will have to pay a more expensive rate with the end result being business going elsewhere. If you pay close attention to the ads, they say “drivers who switch” not “everyone who quotes” can save as much as they claim. That’s why insurance companies can confidently advertise the way they do.

Because of this risk profiling, it is so important to quote coverage with many companies. It’s not possible to predict the company that will have the best rates for your profile.

How insurance providers calculate Chevy Impala insurance prices

Lots of things are part of the equation when you get your auto insurance bill. A few of the factors are predictable like a motor vehicle report, but other factors are less obvious such as whether you are married or your vehicle rating.

  • Better premiums for continuous car insurance coverage – Driving without insurance coverage in place is illegal and car insurance companies will penalize you for letting your coverage lapse. And not only will insurance be more expensive, the inability to provide proof of insurance can result in a fine, jail time, or a revoked license. You will then be forced to submit proof of financial responsibility or a SR-22 with your state DMV.
  • Discounts for multiple policies – Most companies apply discounts to people that purchase more than one policy in the form of a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. Even though this discount sounds good, drivers will still want to get quotes from other companies to ensure the best deal.There is a good possibility that you can find a better deal by buying car insurance from a different company.
  • Save by driving less – Driving more miles in a year the more it will cost to insure it. Most insurance companies charge to insure your cars partially by how you use the vehicle. Cars and trucks that sit idle most of the time can get a lower rate than those that get driven frequently. Having an incorrect usage rating on your Impala is just wasting money. Make sure your car insurance coverage is rated on the correct usage for each vehicle, because it can save money.
  • Can a thief steal your car? – Purchasing a vehicle with anti-theft technology or alarm system can help lower your premiums. Theft deterrent systems like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping auto theft and help lower rates.
  • Car insurance liability coverage limits – Your policy’s liability coverage kicks in when you are found to be at fault for physical damage or personal injury to other. Liability provides you with a defense in court up to the limits shown on your policy. This coverage is relatively inexpensive when compared to the cost of physical damage coverage, so drivers should carry high limits.
  • Does your vocation cost you more? – Did you know your occupation can influence how much you pay for car insurance? Careers like real estate brokerspolice officers and medical professionals usually pay higher premium rates in part from high stress and lots of time spent away from family. On the other hand, jobs such as scientists, historians and performers generally pay rates lower than average for Impala insurance.
  • Safer the car lower the rate – Vehicles with high crash test scores tend to have lower insurance rates. The safest vehicles reduce injuries and any reduction in injury severity means less claims paid and thus lower rates. If the Chevy Impala has at least four stars on Safercar.gov you are probably receiving a discount.
  • Do males or females drive better? – Statistics show females are less aggressive when driving. However, don’t assume that women are BETTER drivers than men. Men and women get in fender benders at a similar rate, but males tend to have higher claims. Men also receive more major tickets like DWI (DUI) or reckless driving.

Car insurance policy discounts you can’t miss

Auto insurance companies do not list every possible discount very well, so the list below gives a summary of a few of the more well known and the more hidden discounts that may be available.

  • Student Discount for Driver Training – Teen drivers should sucessfully take a drivers education course in school or through a local driver safety program.
  • Anti-lock Brakes – Cars that have anti-lock braking systems prevent accidents and earn discounts up to 10%.
  • Theft Deterent System – Cars equipped with anti-theft or alarm systems have a lower chance of being stolen and therefore earn up to a 10% discount.
  • Homeowners Pay Less – Simply owning a home can save a few bucks due to the fact that maintaining a home is proof that your finances are in order.
  • Discount for Low Mileage – Fewer annual miles on your Chevy may allow you to get slightly better car insurancerates than normal.
  • Safety Course Discount – Taking a driver safety course could save 5% or more if you qualify.
  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to use their safety belts can save up to 15% off PIP or medical payments premium.

Don’t be shocked that most discount credits are not given to all coverage premiums. Some only apply to the price of certain insurance coverages like medical payments or collision. So when it seems like all the discounts add up to a free policy, nobody gets a free ride. But any discount will definitely reduce the cost of your policy.

To view insurers with significant discounts, follow this link.

Insurance agents can help

When choosing coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. For instance, these questions can help discover whether your personal situation might need professional guidance.

  • Should I buy more coverage than the required minimum liability coverage?
  • When should I drop full coverage on my 2015 Chevy Impala?
  • Does my car insurance cover rental cars?
  • Which is better, split liability limits or combined limits?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Does insurance cover tools stolen from my truck?
  • Will filing a claim cost me more?

If you can’t answer these 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, simply complete this short form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

The coverage is in the details

Learning about specific coverages of your insurance policy can be of help when determining the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Listed below are the usual coverages offered by insurance companies.

Liability

Liability insurance protects you from damage or injury you incur to people or other property. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as structural damage, bail bonds, medical services and legal defense fees. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Chevy Impala.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Frequently these coverages are similar to your liability insurance amounts.

Coverage for collisions

Collision coverage pays for damage to your Impala resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as scraping a guard rail, colliding with another moving vehicle and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for expenses for things like ambulance fees, funeral costs and dental work. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive coverages

This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as theft, rock chips in glass, falling objects and fire damage. The maximum amount a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Save for a rainy day

We just covered some good ideas how to get a better price on 2015 Chevy Impala insurance. The key thing to remember is the more quotes you get, the higher your chance of finding affordable car insurance. You may even find the biggest savings come from some of the lesser-known companies. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm or Progressive.

When you buy car insurance online, make sure you don’t buy less coverage just to save a little money. There have been many cases where an insured cut liability limits or collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your goal is to purchase a proper amount of coverage at the best possible price, not the least amount of coverage.

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