Cheap 2004 Chevrolet Monte Carlo Insurance Rates

Searching for cheaper car insurance rates for your Chevrolet Monte Carlo? If you’re new to shopping for auto insurance quotes online, it’s easy to be overwhelmed due to the large number of insurers all promising to save you money.

It’s smart to take a look at other company’s rates as often as possible because prices change frequently. Just because you found the best quotes on Monte Carlo coverage six months ago you can probably find a better rate now. There are lots of tips to save on car insurance on the internet, but you can learn some good information on how to lower your car insurance premiums.

Learn how to lower your insurance costs

The best way to find cheaper insurance is to take a look at a few of the rating criteria that aid in calculating your premiums. If you understand what determines premiums, this enables you to make decisions that may result in lower insurance prices. Lots of things are used when premium rates are determined. Some are pretty understandable such as your driving record, but other criteria are more transparent such as whether you are married or your vehicle rating.

• Teenage drivers cost more – More mature drivers tend to be more responsible, tend to file fewer claims .Beginning drivers are known to be less responsible behind the wheel and because of this, their insurance rates are much higher.
• Your stress level may be raising your premiums – Do you have a high-stress occupation? Jobs such as judges, architects and medical professionals have higher rates than the rest of us in part from high stress levels and incredibly demanding work hours. Conversely, occupations like farmers, students and retirees generally pay rates lower than average on Monte Carlo coverage.
• Traffic violations cost more than a fine – Your driving citation history impacts your car insurance rates tremendously. Drivers with clean records get better rates as compared to those with violations. Even a single citation may increase your cost substantially. People who have serious citations such as reckless driving, hit and run or driving under the influence may face state-mandated requirements to maintain a SR-22 with their state motor vehicle department in order to keep their license.
• Combine policies to earn discounts – Most major companies give discounts to policyholders who consolidate policies with them in the form of a multi-policy discount. Even if you qualify for this discount already, drivers will still want to get quotes from other companies to help ensure you have the lowest rates.

Cheaper insurance rates with discounts

Companies that sell car insurance do not advertise every possible discount very clearly, so the list below contains a few of the more well known and also the more inconspicuous credits available to you. If you are not receiving all the discounts you qualify for, it’s possible you qualify for a lower rate.

• Drive Safe and Save – Drivers without accidents may receive a discount up to 45% on Monte Carlo coverage than less cautious drivers.
• No Claim Discounts – Insureds with no claims or accidents pay much less when compared with bad drivers.
• Paperwork-free – Some of the larger companies give back up to $50 for buying a policy and signing up on your computer.
• More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy can reduce the rates for all insured vehicles.
• No Charge for an Accident – Not necessarily a discount, but a handful of insurance companies allow you one accident without getting socked with a rate hike with the catch being you have to be claim-free before the accident.
• Early Renewal Discounts – Select insurance companies give a discount for buying a policy prior to the expiration date on your current policy. You may see this discount when you get auto insurance quotes online.

While discounts sound great, it’s important to understand that most discounts do not apply the the whole policy. Most only apply to individual premiums such as comp or med pay. So even though you would think you would end up receiving a 100% discount, companies wouldn’t make money that way.

If you would like to view insurance companies that offer multiple discounts, click this link.

Tailor your insurance coverage coverage to you

When it comes to choosing coverage, there really is no “best” method to buy coverage. Everyone’s situation is a little different.

For instance, these questions might point out whether or not you might need an agent’s assistance.

• When would I need additional glass coverage?
• If I drive on a suspended license am I covered?
• Why is insurance for a teen driver so high?
• Does my personal policy cover me when driving out-of-state?
• How can I get high-risk coverage after a DUI?
• What is no-fault insurance?
• Do I have newly-aquired coverage?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.

Insurance specifics

Knowing the specifics of your policy helps when choosing the best coverages for your vehicles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Comprehensive or Other Than Collision

This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from flooding, damage from a tornado or hurricane, fire damage and hitting a bird. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision insurance

This covers damage to your Monte Carlo from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as scraping a guard rail, backing into a parked car, driving through your garage door and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like surgery, funeral costs, EMT expenses and prosthetic devices. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants as well as being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Auto liability insurance

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

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Occasionally you may see a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against claims like structural damage, funeral expenses, emergency aid, court costs and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but buy as large an amount as possible.

UM/UIM Coverage

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as damage to your Chevy Monte Carlo.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually the UM/UIM limits are set the same as your liablity limits.

The best insurance company isn’t always the cheapest

While you’re price shopping online, don’t be tempted to buy poor coverage just to save money. There are a lot of situations where someone dropped uninsured motorist or liability limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to purchase a proper amount of coverage at the best cost while not skimping on critical coverages.

Low-cost 2004 Chevy Monte Carlo insurance is attainable on the web and from local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies may not have price quotes online and usually these smaller companies only sell coverage through independent agents.

Drivers switch companies for a variety of reasons including policy non-renewal, high rates after DUI convictions, being labeled a high risk driver and an unsatisfactory settlement offer. It doesn’t matter what your reason, choosing a new company can be easy and end up saving you some money.

More information

• Teen Driver Licensing Information (iihs.org)
• How do I File a Claim? (Insurance Information Insitute)
• Auto Insurance Basics (Insurance Information Insitute)
• How to Avoid Common Accidents (State Farm)