1995 Chevrolet Impala Insurance Cost

Want the cheapest insurance rates? Drivers have lots of choices when trying to find the best price on Chevy Impala insurance. They can either spend hours struggling with agents to get rate comparisons or save time using the internet to find the lowest rates. There are both good and bad ways to find insurance online and you need to know the best way to price shop coverage for your Chevy and locate the lowest price either online or from local insurance agents.

It’s important to compare prices quite often because insurance rates fluctuate regularly. Even if you think you had the best price for Impala coverage last year you will most likely find a better rate today. There is too much inaccurate information about insurance online, so by reading this article, you’re going to learn a bunch of ideas how to slash your insurance rates.

If you have a current car insurance policy or need new coverage, you can learn to reduce the price you pay and still get good coverage. This information will teach you how car insurance quotes work. Drivers only need to know the tricks to get comparison quotes over the internet.

Verify you’re getting all your discounts

Car insurance companies don’t always list every available discount in an easy-to-find place, so we break down both well-publicized and the more hidden discounts you could be receiving. If they aren’t giving you every credit available, you are throwing money away.

  • Service Members Pay Less – Having a family member in the military can result in better rates.
  • Multi-car Discount – Insuring more than one vehicle on one policy qualifies for this discount.
  • Multi-policy Discount – If you have multiple policies with one company you will save approximately 10% to 15%.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class if offered at their school.
  • Save with a New Car – Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and earn discounts up to 10%.

A little note about advertised discounts, most discount credits are not given to the entire policy premium. Some only reduce the price of certain insurance coverages like medical payments or collision. So when it seems like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

A partial list of companies that may offer these discounts are:

Before buying, ask each insurance company what discounts are available to you. Discounts might not apply in every state.

Some factors that can determine what Chevy Impala insurance costs

Smart consumers have a good feel for the factors that come into play when calculating the rates you pay for auto insurance. Knowing what impacts premium levels empowers consumers to make smart changes that can help you get much lower annual insurance costs.

The list below includes some of the items used by your company to calculate your rates.

  • Consolidate policies to earn discounts – Some insurers give discounts to people who consolidate policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s still a good idea to shop around to make sure you are getting the best deal.
  • Do men or women drive better? – The statistics show that men are more aggressive behind the wheel. However, this does not mean men are worse drivers. Women and men tend to get into accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to have more aggressive citations such as reckless driving. Young males are several times more likely to be in an accident and therefore have the most expensive auto insurance rates.
  • Allowing your policy to lapse raises rates – Allowing your auto insurance policy to lapse will be a guaranteed way to bump up your auto insurance costs. And not only will your rates increase, getting caught without coverage will get you a revoked license or a big fine.You may need to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
  • Younger drivers pay higher rates – Mature drivers are viewed as being more responsible, statistically cause fewer accidents and tend to be better behind the wheel. Teen drivers are known to be more careless in a vehicle and because of this, their auto insurance rates are much higher.

When should I talk to an agent?

When choosing the best auto insurance coverage for your vehicles, there really is no one size fits all plan. Everyone’s situation is unique.

These are some specific questions might point out if your situation will benefit from professional help.

  • Is a new car covered when I drive it off the dealer lot?
  • Why is insurance for a teen driver so high?
  • Do I need to file an SR-22 for a DUI in my state?
  • Is pleasure use cheaper than using my 1995 Chevy Impala to commute?
  • When should my teen driver be added to my policy?
  • Does my liability insurance cover pulling a trailer or camper?
  • Should I have combined single limit or split liability limits?
  • Do I need medical payments coverage since I have good health insurance?
  • Should I carry comprehensive and collision coverage?
  • Should I buy only the required minimum liability coverage?

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 an insurance agent. If you want to speak to an agent in your area, complete this form. It is quick, free and can provide invaluable advice.

Buyer beware of insurance advertising tricks

Drivers constantly see and hear ads for car insurance savings by State Farm, Allstate and GEICO. All the ads have a common claim of big savings if you switch to their company.

But how can every company say the same thing? This is how they do it.

Different companies have a certain “appetite” for the driver that makes them money. A good example of a driver they prefer might be profiled as between the ages of 40 and 55, owns a home, and has a high credit rating. Any new insured who matches those parameters gets the lowest rates and as a result will probably pay quite a bit less when switching companies.

Potential customers who do not match these standards will be charged higher premiums and this can result in the customer not buying. The ad wording is “people who switch” not “everybody who quotes” save that much money. This is how companies can truthfully advertise the savings. That is why you need to get as many comparisons as possible. It’s impossible to know which insurance company will fit your personal profile best.

Car insurance coverages for a 1995 Chevy Impala

Understanding the coverages of your policy can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Collision protection

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as crashing into a building, sustaining damage from a pot hole, backing into a parked car and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

Coverage for liability

Liability insurance will cover injuries or damage you cause to other people or property by causing an accident. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability insurance covers claims such as court costs, emergency aid and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your Chevy Impala.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for bills such as surgery, ambulance fees, EMT expenses, doctor visits and nursing services. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, a tree branch falling on your vehicle, damage from a tornado or hurricane and damage from getting keyed. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Make a quick buck

Low-cost 1995 Chevy Impala insurance can be sourced both online and with local insurance agents, so you should compare both in order to have the best chance of saving money. A few companies do not offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

We just covered a lot of techniques to compare insurance prices online. It’s most important to understand that the more quotes you get, the more likely it is that you will get a better rate. Consumers could even find that the biggest savings come from an unexpected company.

When buying insurance coverage, never reduce needed coverages to save money. There are many occasions where someone dropped full coverage and learned later that the small savings ended up costing them much more. The ultimate goal is to buy enough coverage at the best price, not the least amount of coverage.

Additional information can be found on the following sites: