Nobody cherishes buying car insurance, especially when the price is too high. Big companies like State Farm and GEICO continually bombard you with TV and radio ads and it can be hard to see through the cute green geckos and mayhem and find the best price available.
It’s a good idea to shop coverage around before your policy renews because rates fluctuate regularly. Even if you got the best price on Monte Carlo insurance a few years ago there is a good chance you can find better rates now. Block out anything you think you know about car insurance because you’re about to learn how to use online quotes to buy cheaper car insurance.
If you have insurance now or are looking for a new policy, you can use these techniques to cut your premiums while maintaining coverages. Choosing the best insurance company for you is easy if you know what you’re doing. Vehicle owners just need to understand the tricks to find the lowest price over the internet.
Don’t miss these nine discounts
Companies offering auto insurance don’t always publicize every discount in an easy-to-find place, so we took the time to find some of the more common and the harder-to-find savings tricks you should be using. If they aren’t giving you every credit available, you’re paying more than you need to.
- Discount for New Cars – Buying coverage on a new vehicle can be considerably cheaper compared to insuring an older model.
- Good Student – Getting good grades can earn a discount of 20% or more. This discount can apply well after school through age 25.
- Student Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
- Auto/Home Discount – When you have multiple policies with one company you will save at least 10% off all policies.
- More Vehicles More Savings – Having multiple cars or trucks with the same company may reduce the rate for each vehicle.
- Discount for Swiching Early – Select companies give a discount for switching to them before your current expiration date. The savings is around 10%.
- Accident Waiver – A few companies permit an accident before your rates go up if you are claim-free for a certain period of time.
- Safety Course Discount – Completing a driver safety course could save 5% or more if your company offers it.
- Federal Employees – Active or retired federal employment could cut as much as 10% off on Monte Carlo insurance depending on your company.
A little note about advertised discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only reduce individual premiums such as physical damage coverage or medical payments. So when it seems like it’s possible to get free car insurance, you’re out of luck.
How to Buy Car Insurance Online
Finding a lower price on Chevy Monte Carlo insurance is surprisingly easy. The only requirement is to take a few minutes to get quotes provided by online insurance companies. It is quite easy and can be accomplished in a couple of different ways.
- The fastest way consumers can make multiple comparisons is a comparison rater form click here to open form in new window. This type of form keeps you from doing repetitive form submissions for each company you want a rate for. A single, simple form gets you coverage quotes direct from many companies.
- Another way to compare prices is spending the time to visit each individual company website to complete their respective quote request forms. For sake of this example, let’s say you want to compare Allstate, Safeco and GMAC. You would have to take the time to go to each site and enter your information, and that’s why the first method is more popular.
To view a list of companies in your area, click here.
Whichever way you use, ensure you’re using apples-to-apples coverages and limits on every quote you get. If you use different limits and deductibles on each one you can’t possibly make a fair comparison for your Chevy Monte Carlo.
Car insurance 101
Understanding the coverages of car insurance can be of help when determining which coverages you need for your vehicles. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on most car insurance policies.
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 have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as theft, damage from a tornado or hurricane, falling objects and hail damage. The maximum amount a car insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Auto liability
Liability insurance provides protection from damages or injuries you inflict on a person or their property. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.
Liability coverage pays for things such as legal defense fees, pain and suffering, medical expenses and funeral expenses. How much liability should you purchase? That is a decision to put some thought into, but consider buying as much as you can afford.
Medical costs insurance
Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as hospital visits, rehabilitation expenses, dental work, pain medications and surgery. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
UM/UIM Coverage
Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Chevy Monte Carlo.
Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.
Collision protection
This coverage will pay to fix damage to your Monte Carlo resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things such as damaging your car on a curb, colliding with a tree, crashing into a ditch and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to raise the deductible to bring the cost down.
Smart consumers save more
You just read a lot of information how to lower your Chevy Monte Carlo insurance rates. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. You may even discover the best price on car insurance is with some of the smallest insurance companies. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as GEICO and State Farm.
Affordable Chevy Monte Carlo insurance is available on the web as well as from independent agents, so you should compare both to have the best rate selection. There are still a few companies who don’t offer online price quotes and usually these small insurance companies provide coverage only through local independent agents.
