2007 Chevrolet Monte Carlo Car Insurance Rates – 5 Policy Discounts

Are you kicking yourself for buying an underperforming, overpriced insurance policy? Trust us when we tell you many drivers feel the same as you. Due to the fact that there are so many online and local companies to choose from, it is very difficult to locate the most affordable insurance company.

It’s a great practice to do rate comparisons on a regular basis because prices change frequently. Just because you found the best price on Monte Carlo insurance six months ago a different company probably has better rate quotes today. Forget all the misinformation about insurance because you’re going to learn one of the easiest ways to save money, get proper coverage and the best rates.

How to buy insurance

Finding cheap insurance rates is an easy way to save money. You just need to spend a little time getting comparison quotes online with multiple companies. This can easily be done in a couple of different ways.

• The most recommended method to get quotes would be an industry-wide quote request form click to view form in new window. This style of form saves time by eliminating repetitive form entry for every company. A single, simple form will return price quotes from multiple low-cost companies.
• A different way to find more affordable insurance is to manually visit each individual company website and fill out a new quote form. For examples sake, we’ll assume you want to compare USAA, Geico and Travelers. In order to compare rates, you need to spend time going to each site individually and repeatedly enter your information, and that explains why we recommend the first method. To view a list of companies in your area, click here.

The approach you take is up to you, just double check that you are using identical coverages and limits on every price quote you get. If your comparisons have mixed coverages it will be very difficult to make an equal comparison.

Verify you’re getting every discount

The cost of insuring your cars can be expensive, but companies offer discounts that could help you make your next renewal payment. Many of these discounts will be applied automatically at the time of purchase, but some need to be specially asked for before they will apply.

• Multi-car Discount – Having several vehicles with the same company could earn a price break for each car.
• Online Discount – A few larger online companies give back up to $50 just for signing your application on your computer.
• Professional Memberships – Participating in certain professional organizations can get you a small discount when shopping for insurance.
• Driver’s Ed – Teen drivers should successfully complete driver’s ed class if offered at their school.
• Homeowners Discount – Just being a homeowner can help you save on insurance because owning a home requires personal responsibility.

You can save money using discounts, but most of the big mark downs will not be given to the entire policy premium. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like you can get free auto insurance, companies don’t profit that way.

To find insurers who offer free insurance quotes, follow this link.

When should I discuss my situation with an agent?

When choosing the best car insurance coverage, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions may help you determine if your situation would benefit from professional advice.

• Should I put collision coverage on all my vehicles?
• Can I rent a car in Mexico?
• Do I need more liability coverage?
• What is UM/UIM insurance?
• Should I sign the liability waiver when renting a car?
• What happens if I owe more than my 2007 Chevy Monte Carlo is worth?
• Is my ex-spouse still covered by my policy?
• Am I covered if I crash into my own garage door?
• Do I need higher collision deductibles?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance coverage information

Having a good grasp of car insurance aids in choosing the right coverages and proper limits and deductibles. Car insurance terms can be impossible to understand and coverage can change by endorsement. These are typical coverage types available from car insurance companies.

Collision – This covers damage to your Monte Carlo resulting from a collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like crashing into a ditch, hitting a mailbox and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Comprehensive or Other Than Collision – This covers damage that is not covered by collision coverage. 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 vandalism, fire damage, hitting a bird and a broken windshield. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability – Liability coverage can cover damages or injuries you inflict on other people or property by causing an accident. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for claims like medical services, pain and suffering and medical expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as funeral costs, hospital visits, EMT expenses and surgery. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state and may carry a deductible

UM/UIM Coverage – This provides protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Chevy Monte Carlo.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.