Compare 2007 Chevrolet Monte Carlo Insurance Rates

Trying to find better insurance rates for your Chevrolet Monte Carlo? Being forced to pay for overpriced insurance premiums can draw down your accounts and force you to make tough financial choices. Performing a price comparison can lower your rates and help to make sure you’re not throwing money away.

Insurance companies such as GEICO, Progressive and Allstate all claim big savings with ads and it is difficult to ignore the flashy ads and take the time to shop coverage around.

How much is car insurance?

Most of the larger companies like Progressive, Allstate and GEICO make it easy to get prices for coverage directly from their websites. The process is pretty easy as you just type in the amount of coverage you want into a form. When complete, their system will order your driving and credit reports and returns a price determined by many factors. Online quotes simplifies rate comparisons, but the time it takes to visit each company’s website and repetitively type in your information is not the best way to spend an afternoon. But it’s necessary to do this if you want to find the lowest car insurance rates.

A less time-consuming method to lower your car insurance bill utilizes a single form that gets price quotes from a lot of companies. It’s a real time-saver, reduces the work, and makes comparison shopping much more efficient. As soon as you send your information, it gets priced and you can select any one of the quotes that you receive. If the quotes result in lower rates, it’s easy to complete the application and purchase the new policy. The whole process just takes a couple of minutes and can result in significant savings.

If you want to compare rates now, click here to open in new window and input your coverage information. To compare your current rates, we recommend you type in your coverages exactly as shown on your declarations page. Using the same limits helps guarantee you will have rate comparison quotes based on similar coverages.

Don’t overlook these car insurance discounts

Companies that sell car insurance don’t always list their entire list of discounts very well, so the below list has both well-publicized and also the more inconspicuous credits that you can use to lower your rates. If you do not check that you are getting every discount available, you may be paying too high a price.

  • Drive Less and Save – Low annual miles can qualify you for cheaper premium rates.
  • Membership in Organizations – Having an affiliation with qualifying clubs or civic groups could qualify you for a break on car insurance.
  • Life Insurance – Select insurance carriers reward you with lower prices if you buy some life insurance too.
  • Braking Control Discount – Cars equipped with ABS or steering control are much safer to drive and the ABS can save up to 10%.
  • Claim Free – Good drivers with no accidents get the best car insurance rates when compared with drivers with a long claim history.
  • Homeowners Discount – Owning a home can save a few bucks because of the fact that having a home is proof that your finances are in order.
  • Discount for Good Grades – Getting good grades may save you up to 25%. Most companies allow this discount up to age 25.
  • Discounts for Multiple Vehicles – Drivers who insure all your vehicles with the same company could earn a price break for each car.

As a sidenote, some of the credits will not apply to the entire cost. A few only apply to the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears you would end up receiving a 100% discount, it’s just not the way it works.

Some companies that possibly offer most of the discounts above include:

When quoting, ask each insurance company which discounts you may be entitled to. Discounts might not be available to policyholders in your area. To locate insurance companies who offer cheap car insurance quotes, follow this link.

Educated choices result in lower insurance prices

An important part of buying insurance is that you know the rating factors that come into play when calculating your auto insurance rates. If you understand what determines premiums, this allows you to make good choices that could help you find big savings.

  • Discounts for married drivers – Having a significant other may cut your premiums on your auto insurance policy. Having a significant other is viewed as being more mature than a single person and insurance companies reward insureds because married couples file fewer claims.
  • An active claims history can cost you – Auto insurance companies provide lower rates to policyholders who only file infrequent claims. If you are the type of insured that files lots of claims you can definitely plan on much higher rates or policy non-renewal. Your insurance policy is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • What’s your car’s crash test rating? – Safer cars tend to have lower insurance rates. Highly rated vehicles protect occupants better and any reduction in injury severity means less money paid by your insurance company and more competitive rates for policyholders. If your Chevy Monte Carlo is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Save annual miles and save money – The higher the mileage driven every year the more it will cost to insure it. Many insurance companies calculate rates based on how the vehicle is used. Cars not used for work or commuting can get a lower rate than those that get driven frequently. A policy that improperly rates your Monte Carlo is throwing money out the window. Ask your agent if your declarations sheet properly reflects the correct usage for each vehicle.
  • Your gender affects costs – Over the last 30 years, statistics show that females take fewer risks when driving. That doesn’t necessarily mean that men are worse drivers. Men and women get in at-fault accidents in similar percentages, but the male of the species tend to have higher claims. Not only that, but men also get cited for more serious violations such as reckless driving.

When to get professional advice

When buying coverage for your vehicles, there really is no perfect coverage plan. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions might point out if you might need professional guidance.

  • What discounts do I qualify for?
  • Does having multiple vehicles earn me a discount?
  • What if I owe more than I can insure my car for?
  • Can my teen drive my company car?
  • What is PIP insurance?
  • Should I buy additional glass protection?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverage specifics

Learning about specific coverages of your insurance policy can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. These are the normal coverages found on the average insurance policy.

Liability insurance – Liability coverage will cover damages or injuries you inflict on a person or their property in an accident. It protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims like bail bonds, medical services, emergency aid and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as high a limit as you can afford.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like chiropractic care, hospital visits, X-ray expenses, EMT expenses and ambulance fees. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive or Other Than Collision – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hitting a bird, rock chips in glass, damage from flooding, fire damage and falling objects. The most your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverages – This coverage covers damage to your Monte Carlo from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like sustaining damage from a pot hole, scraping a guard rail and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

UM/UIM Coverage – This provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

A penny earned…

As you restructure your insurance plan, make sure you don’t buy poor coverage just to save money. In many cases, an insured dropped liability coverage limits only to regret that their decision to reduce coverage ended up costing them more. Your goal is to purchase plenty of coverage at the best price.

In this article, we presented many ideas to shop for 2007 Chevy Monte Carlo insurance online. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Drivers may discover the best price on insurance is with some of the smallest insurance companies. Smaller companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as Allstate or State Farm.

Lower-priced insurance can be sourced both online as well as from insurance agents, so get free insurance coverage quotes from both of them to have the best chance of lowering rates. A few companies do not offer internet price quotes and usually these regional insurance providers only sell coverage through independent agents.

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