Cheaper 1996 Chevrolet Monte Carlo Insurance Cost

Sick and tired of not being able to scrape enough together to pay your insurance coverage bill each month? You have the same problem as many other drivers.

Many insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurers to discover the definitive best price available.

If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using these tips. Choosing the best insurance company for you is easy if you know what you’re doing. But drivers need to learn how insurance companies price insurance differently because it can help you find the best coverage.

Discounts can really help lower rates

Insurance is neither fun to buy or cheap, but there’s a good chance there are discounts that many people don’t even know exist. Some trigger automatically at the time of purchase, but a few must be requested specifically prior to getting the savings. If you don’t get every credit possible, you are just wasting money.

• No Claim Discounts – Drivers who stay claim-free get the best insurance rates in comparison to insureds who have frequent claims or accidents.
• Onboard Data Collection – Drivers who elect to allow their company to look at when and where they use their vehicle by using a telematics device such as Progressive’s Snapshot might get better premium rates as long as they are good drivers.
• Multiple Vehicles – Insuring multiple vehicles on a single policy can reduce the rates for all insured vehicles.
• Seat Belt Discounts – Forcing all vehicle occupants to fasten their seat belts may be able to save a few bucks off the medical payments premium.
• Discounts for New Vehicles – Insuring a vehicle that is new can get you a discount compared to insuring an older model.

Consumers should know that most discounts do not apply to your bottom line cost. Most cut the cost of specific coverages such as collision or personal injury protection. Despite the appearance that all those discounts means the company will pay you, you’re out of luck.

Large insurance companies and some of the discounts are shown below.

• American Family discounts include multi-vehicle, air bags, Steer into Savings, TimeAway discount, and mySafetyValet.
• Nationwide offers premium reductions for anti-theft, Farm Bureau membership, business or organization, defensive driving, good student, easy pay, and accident-free.
• MetLife may offer discounts for good driver, defensive driver, multi-policy, accident-free, claim-free, good student
• 21st Century offers discounts including student driver, early bird, 55 and older, theft prevention, anti-lock brakes, driver training, and homeowners.
• Farmers Insurance policyholders can earn discounts including mature driver, switch companies, alternative fuel, bundle discounts, and business and professional.
• Allstate may have discounts that include early signing, new car, utility vehicle, farm vehicle, senior citizen, and FullPay discount.

If you need lower rates, check with all companies you are considering how you can save money. Some of the discounts discussed earlier might not be available to policyholders everywhere. To find insurance companies that provide some of the discounts listed above, click this link.

Will just any policy work for me?

When buying the best auto insurance coverage, there really is no “best” method to buy coverage. Every situation is different so this has to be addressed. For instance, these questions can aid in determining whether or not you might need an agent’s assistance.

• Why am I required to buy liability insurance?
• Am I covered by my spouse’s policy after a separation?
• Will filing a claim cost me more?
• Can I still get insurance after a DUI?
• Where can I find high-risk insurance?
• How high should my uninsured/underinsured coverage be in my state?
• Is extra glass coverage worth it?
• Should I sign the liability waiver when renting a car?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.

Is there deception in advertising?

Popular insurance providers such as Allstate, Geico and Progressive endlessly run ads in print and on television. All the ads make the same claim that you can save if you change your policy. How do they all say the same thing? It’s all in the wording.

Many companies require specific criteria for the right customer that earns them the most money. For example, this type of insured may need to be between the ages of 30 and 45, owns their home, and the vehicle is rated for pleasure use. Any person that meets those criteria will probably get the lowest prices and most likely will save quite a bit of money when switching.

Potential customers who do not meet the “perfect” profile must pay higher prices and ends up with the customer buying from a different company. The wording the ads use say “customers that switch” not “all people who quote” can save as much as they claim. That’s why companies can make those statements.

This really drives home the point why you should compare many company’s prices. It is impossible to guess which insurance company will give you lower premium rates than your current company.

Educate yourself about insurance coverages

Having a good grasp of your insurance policy can help you determine which coverages you need and the correct deductibles and limits. Insurance terms can be difficult to understand and coverage can change by endorsement. Listed below are typical coverage types found on most insurance policies.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants when the “other guys” 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 carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is very important. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Liability insurance

This will cover damage or injury you incur to people or other property by causing an accident. It protects YOU from legal claims by others. It does not 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 policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as legal defense fees, medical services, bail bonds and medical expenses. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

Comprehensive insurance

This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as theft, damage from flooding, hitting a bird, a tree branch falling on your vehicle and a broken windshield. The most a insurance company will pay at claim time 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.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like surgery, rehabilitation expenses, pain medications, X-ray expenses and nursing services. They are used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. It covers you and your occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Collision coverage protection

This coverage pays for damage to your Monte Carlo caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as crashing into a building, rolling your car, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Stretch your dollar

When searching for the cheapest insurance coverage quotes, it’s very important that you do not buy poor coverage just to save money. There have been many situations where drivers have reduced comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy a smart amount of coverage at the best price but still have enough coverage for asset protection.

We’ve covered some good ideas how to lower your 1996 Chevy Monte Carlo insurance rates. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. You may even find the best rates are with some of the smallest insurance companies. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Allstate or State Farm.

Some insurance coverage companies do not provide the ability to get quotes online and these small, regional companies provide coverage only through local independent agents. Budget-conscious 1996 Chevy Monte Carlo insurance is attainable on the web as well as from independent agents, so you should compare both in order to have the best price selection to choose from.

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

• Child Safety FAQ (iihs.org)
• Teen Driving and Texting (State Farm)
• Booster Seat Ratings (iihs.org)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Protecting Teens from Drunk Driving (Insurance Information Insitute)