Save on 2004 Chevrolet Impala Insurance Rates

Being forced to pay for high-priced car insurance premiums can dwindle your bank account, especially in this economy. Doing a price comparison is free and is an excellent way to cut your insurance bill.

Due to the fact that there are so many choices of insurance companies, it can be impossible to pick the cheapest car insurance company.

Consumers need to compare premium rates as often as possible because prices change frequently. Just because you found the best deal on Impala coverage six months ago you may be paying too much now. Block out anything you think you know about car insurance because you’re going to learn the quickest way to lower your annual insurance bill.

Discount insurance coverage quotes

Companies that sell car insurance don’t always list every possible discount in an easy-to-find place, so we took the time to find some of the best known as well as the least known credits available to bring down your rates.

• Cautious Driver Discount – Insureds who avoid accidents may save up to 50% more on Impala coverage as compared to drivers with claims.
• Student Discounts – Getting good grades can save 20 to 25%. Most companies allow this discount up until you turn 25.
• Payment Method – If you can afford to pay the entire bill rather than paying monthly you can avoid the installment charge.
• Online Discount – Some companies will give you a small discount for buying your policy on the web.
• Renewal Discounts – A few insurance companies offer discounts for signing up prior to your current policy expiring. This can save 10% or more.
• Bundled Policy Discount – If you insure your home and vehicles and insure them with the same company you may save over 10 percent off each policy depending on the company.
• Discounts for Multiple Vehicles – Buying insurance for more than one vehicle with the same company could earn a price break for each car.
• Telematics Devices – People who choose to allow driving data submission to analyze driving habits by using a telematics device in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease if they have good driving habits.
• Resident Student – Youth drivers who are enrolled in higher education away from home and leave their car at home can receive lower rates.
• Memberships – Affiliation with a professional or civic organization could earn you a nice discount on insurance coverage.

Don’t be surprised that most of the big mark downs will not be given to the entire cost. Some only reduce individual premiums such as liability and collision coverage. Despite the fact that it seems like all those discounts means the company will pay you, insurance coverage companies aren’t that generous.

To locate providers that have a full spectrum of discounts, click here to view.

Tailor your auto insurance coverage to you

When it comes to choosing coverage for your vehicles, there really is not a single plan that fits everyone. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions can help discover if your insurance needs might need an agent’s assistance.

• Should I buy only the required minimum liability coverage?
• Does coverage extend to my business vehicle?
• Do I need replacement cost coverage?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• When should I buy a commercial auto policy?
• Do I need to file an SR-22 for a DUI in my state?
• Am I covered if hit by an uninsured driver?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

Do drivers who switch really save?

Drivers can’t ignore all the ads that claim the lowest premium rates from the likes of Allstate and Progressive. All the ads make the point about savings if you get a free insurance coverage quote and switch to them.

How does each company give you a lower rate?

Most companies are able to cherry pick for the type of customer that will generate a profit. For example, a preferred risk might be described as over the age of 35, has a low-risk occupation, and drives a car with an anti-theft system. Any new insured who meets those qualifications will qualify for the lowest car insurance rates and is almost guaranteed to save money with a new company.

Potential customers who don’t measure up to the requirements will have to pay higher rates and this results in business going elsewhere. If you listen to the ad wording, they say “customers who switch” but not “all drivers who get quotes” save the amount stated. That’s why companies can claim big savings.

Different companies use different criteria so you really should get insurance coverage quotes from several different companies. It is just not possible to predict which company will have the best premium rates.

Specific coverages for a 2004 Chevy Impala

Learning about specific coverages of insurance can be of help when determining the best coverages for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the normal coverages available from insurance companies.

Liability car insurance

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

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 values of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like repair bills for other people’s vehicles, court costs, pain and suffering, medical services and funeral expenses. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as theft, damage from a tornado or hurricane, falling objects and hitting a deer. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical costs insurance

Medical payments and Personal Injury Protection insurance pay for immediate expenses like X-ray expenses, rehabilitation expenses and prosthetic devices. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your Chevy Impala.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally the UM/UIM limits are similar to your liability insurance amounts.

Collision coverage

Collision insurance will pay to fix damage to your Impala caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as hitting a parking meter, driving through your garage door and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

And the best car insurance company is…

When trying to cut insurance costs, never skimp on critical coverages to save a buck or two. There have been many cases where an insured cut liability coverage limits and discovered at claim time that the savings was not a smart move. Your objective should be to purchase a proper amount of coverage at the best price, but don’t skip important coverages to save money.

The cheapest 2004 Chevy Impala insurance can be bought online and also from your neighborhood agents, and you need to comparison shop both in order to have the best chance of saving money. There are still a few companies who may not provide rates over the internet and most of the time these regional insurance providers prefer to sell through independent agents.

Helpful resources

• Older Driver Statistics (Insurance Information Insitute)
• Auto Insurance 101 (About.com)
• Distracted Driving Extends Beyond Texting (State Farm)
• Choosing an Insurance Company (Insurance Information Insitute)