2006 Chevrolet Monte Carlo Car Insurance Rates – 7 Discounts for Best Quotes

If you’re new to shopping for car insurance quotes online, you can be overwhelmed by the crazy number of online companies offering coverage.

You should take the time to get comparison quotes as often as possible since insurance prices are variable and change quite frequently. Even if you got the best quotes on Monte Carlo coverage a year ago you may be paying too much now. Forget all the misinformation about car insurance because we’re going to demonstrate how to use the internet to buy cheaper car insurance.

If you are paying for car insurance now, you will be able to save some money using this information. Shopping for affordable coverage is simple if you know the tricks. But consumers must understand how big insurance companies determine prices and take advantage of how the system works.

Earn discounts to get lower-cost auto insurance rates

Car insurance companies don’t necessarily list every disount available very well, so we researched a few of the more common and also the more inconspicuous discounts that you can inquire about if you buy car insurance online.

• Smart Student Discounts – Getting good grades could provide a savings of up to 20% or more. You can use this discount normally well after school through age 25.
• First Accident Forgiveness – but certain companies may permit one accident without getting socked with a rate hike as long as you don’t have any claims before the accident.
• Anti-theft System – Cars and trucks equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.
• Save with a New Car – Putting coverage on a new car can get you a discount since new vehicles are generally safer.
• 55 and Retired – Drivers over the age of 55 can get lower premium rates on Monte Carlo coverage.
• Discount for Life Insurance – If the company offers life insurance, you could get lower prices if you buy a life insurance policy as well.
• Multiple Policy Discount – If you insure your home and vehicles with the same company you may save at least 10 to 15 percent or more.

A quick disclaimer, most of the big mark downs will not be given to the overall cost of the policy. Most only reduce specific coverage prices like liability, collision or medical payments. So when the math indicates you can get free auto insurance, companies wouldn’t make money that way.

A few popular companies and some of the discounts are outlined below.

• Farm Bureau may offer discounts for good student, driver training, 55 and retired, renewal discount, and youthful driver.
• Liberty Mutual offers discounts for newly married, exclusive group savings, hybrid vehicle, teen driver discount, preferred payment discount, new vehicle discount, and safety features.
• State Farm discounts include driver’s education, defensive driving training, Steer Clear safe driver discount, multiple autos, good student, and accident-free.
• Auto-Owners Insurance includes discounts for safe driver, anti-theft, student away at school, multiple vehicles, multi-policy, and teen driver.
• Geico has savings for anti-theft, defensive driver, daytime running lights, federal employee, anti-lock brakes, military active duty, and five-year accident-free.
• SAFECO offers discounts including bundle discounts, safe driver, anti-theft, teen safety rewards, and homeowner.

Before buying, ask all the companies which credits you are entitled to. Some discounts might not be available to policyholders in every state. To see insurers that provide some of the discounts listed above, click here.

Tailor your auto insurance coverage to you

When buying adequate coverage for your vehicles, there really is not a cookie cutter policy. Each situation is unique.

These are some specific questions might help in determining whether your personal situation could use an agent’s help.

• What are the best liability limits?
• Why am I required to buy high-risk coverage?
• I have a DUI can I still get coverage?
• When can my company non-renew my policy?
• What can I do if my company won’t pay a claim?
• Are rock chip repairs covered?
• Do I need replacement cost coverage on my 2006 Chevy Monte Carlo?
• What is roadside assistance coverage?
• Exactly who is provided coverage by my policy?
• Is my custom paint covered by insurance?

If you don’t know the answers to these questions, you may need to chat with an agent. To find an agent in your area, simply complete this short form.

The largest companies are not always cheapest

Respected companies like 21st Century, Allstate and State Farm seem to constantly run ads on television and other media. They all seem to make the point about savings after switching your insurance coverage policy to them. Is it even possible that every company can make the same claim? It’s all in the numbers.

Most companies give the best rates for the driver that makes them money. A good example of this type of insured should be a female over age 40, has never had a claim, and drives less than 10,000 miles a year. A driver who fits that profile will get low premium rates and as a result will probably save some money.

Potential insureds who are not a match for these standards may be forced to pay higher premiums and ends up with business not being written. The trick companies use is to say “customers that switch” not “all people who quote” save that kind of money. That’s the way companies can truthfully make claims that they all have the best rates.

This illustrates why it is so important to compare quotes as often as possible. Because without a comparison, you cannot know the company that will be your best fit.

Coverage specifics

Having a good grasp of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Liability coverage – This will cover damages or injuries you inflict on other people or property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for claims like funeral expenses, pain and suffering, medical services and loss of income. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive or Other Than Collision – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like rock chips in glass, hitting a bird, a broken windshield, falling objects and damage from flooding. The maximum amount your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since many 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 a good idea. Normally these limits are set the same as your liablity limits.

Collision coverages – This coverage pays for damage to your Monte Carlo from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as sustaining damage from a pot hole, rolling your car and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for bills for things like pain medications, hospital visits and nursing services. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

One last thing about your coverage

While you’re price shopping online, make sure you don’t buy poor coverage just to save money. In many cases, an accident victim reduced collision coverage only to regret at claim time that the small savings ended up costing them much more. Your strategy should be to buy the best coverage you can find for the lowest price, but do not skimp to save money.

We’ve covered some good ideas how to save on 2006 Chevy Monte Carlo insurance. The most important thing to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the best price on auto insurance is with an unexpected company.

Lower-priced auto insurance is attainable both online in addition to many insurance agents, and you should compare price quotes from both to have the best selection. Some companies may not provide online price quotes and many times these regional insurance providers only sell coverage through local independent agents.

Even more information can be read in the articles below:

• How Much Auto Coverage do I Need? (Insurance Information Insitute)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Booster Seat Ratings (iihs.org)
• Five Mistakes to Avoid (Insurance Information Insitute)