Save Money on Chevy Impala Insurance in Los Angeles

Are you sick of overpaying and want cheaper Chevy Impala insurance in Los Angeles? Wish you could get out of an overpriced auto insurance policy? You’re preaching to the choir because there are a lot of people in Los Angeles just like you who feel imprisoned by their auto insurance policy.

Anyone knows that insurance companies don’t want you comparing rates. People who shop rates annually will presumably switch auto insurance companies because there is a significant possibility of finding a lower-priced policy. A study showed that consumers who compared rates once a year saved an average of $850 each year compared to policyholders who never compared other company’s rates.

If saving the most money on auto insurance in Los Angeles is your objective, then understanding how to get free comparison quotes and analyze insurance premiums can help make the process easier. Since you have so many companies and agents to choose from, it’s nearly impossible to find the most cost effective auto insurance company.

Locating the most cost-effective car insurance policy in Los Angeles is actually very simple if you learn how to start. If you currently have car insurance, you should be able to find better prices using this information. Consumers just have to know the quickest way to compare rates using one simple form.

Reduce Insurance Rates with These Tips

Part of the insurance buying process is learning the rating factors that play a part in calculating your policy premiums. When you understand what determines base rates, this enables informed choices that can help you get better insurance rates.

• File a claims and pay more – If you tend to file frequent claims, you can look forward to either higher rates or even cancellation. Insurance companies in California generally give cheaper rates to drivers who do not rely on their insurance for small claims. Insurance coverage is intended to be relied upon for major claims that would cause financial hardship.

• Guys tend to take more risk – Statistics have proven women tend to be less risk to insure than men. It does not mean women are better drivers. Women and men cause accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. Men also tend to get more serious tickets such as driving while intoxicated (DWI) or driving recklessly.

  The diagram below compares Chevy Impala car insurance costs for male and female drivers. The premiums assume no claims or driving citations, full coverage, $500 deductibles, drivers are not married, and no other discounts are factored in.

• Bundle policies to earn discounts – Lots of insurance companies give a discount to policyholders who have multiple policies with them, otherwise known as a multi-policy discount. Discounts can be ten or even up to twenty percent in some cases. Even if you’re getting this discount drivers will still want to compare Chevy Impala rates in Los Angeles to help ensure you have the lowest rates. You may still save money by insuring with multiple companies.
• What’s your car’s NHTSA crash test rating? – Safe vehicles tend to have better insurance rates. Safe vehicles help reduce the chance of injuries in an accident and any reduction in injury severity means less claims paid and lower rates for you. If your Chevy Impala scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.

• Performance makes a difference – The type of car, truck or SUV you drive makes a big difference in your premium level. Small economy passenger models usually have the lowest rates, but many other things help determine your insurance rates.

  The following data uses these variables: married male driver age 30, full coverage with $500 deductibles, and no discounts or violations. It compares Chevrolet Impala insurance premiums compared to other makes and models that have a range of risk factors.

• Having a spouse reduces risk – Walking down the aisle can get you a discount when shopping for insurance. Having a significant other usually means you are more financially stable and statistics show married couples file fewer claims.
• Your stress level may be raising your premiums – Did you know your career choice can influence rates? Jobs such as military generals, social workers, and miners are shown to have higher premiums than the average policyholder due to intense work requirements and lots of time spent at work. On the other hand, careers such as farmers, engineers and performers pay the least.

• Chevy Impala statistical loss data – Insurers take into consideration insurance loss statistics for every vehicle when setting rates for each model. Vehicles that the statistics show to have high amounts or severity of claims will have a higher cost to insure. The table below outlines the historical insurance loss data for Chevy Impala vehicles.

  For each coverage category, the loss probability for all vehicles, regardless of make, model or trim level, is represented as 100. Values that are 100 or less represent a good loss history, while percentage numbers above 100 show a trend for more claims or larger claims.

  
  

  Insurance Loss Ratings for Chevrolet Impala Vehicles

  Specific Chevrolet Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Chevrolet Impala	104	89	135	122	122	104
  Chevrolet Impala Limited	100	115	79	142	148	153

  BETTER

  AVERAGE

  WORSE

  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

The car insurance companies shown below are our best choices to provide free rate quotes in California. If more than one company is shown, we suggest you click on several of them to get the most affordable price.

Coverage statistics and figures

The price information displayed below covers different insurance prices for Chevy Impala models. Having knowledge of how policy rates are figured can assist in making smart choices when purchasing an auto insurance policy.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Prices do not factor in garaging location in Los Angeles which can alter auto insurance rates significantly.

Deductible comparison

When comparing auto insurance rates, the most common question is how low should you set your deductibles. The premium rates below can help you visualize how much more rates are when you choose different insurance deductibles. The first rate quote example uses a $250 comprehensive and collision deductible and the second rate chart uses a $1,000 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Prices do not factor in the specific area where the vehicle is garaged which can lower or raise prices considerably.

Using the premium rates above, we can conclude that using a $250 deductible will cost you roughly $31 more each month or $372 annually than selecting the higher $1,000 deductible. Because you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to average more than 24 months between claims, you would probably be better off by selecting a higher deductible.

One thing to be aware of is that raising deductibles to save money results in a higher out-of-pocket expense when you have a physical damage claim. You need to have enough extra money in the event you need to pay more for the deductible.

The example below shows how different deductible levels and can raise or lower Chevy Impala annual premium costs for different ages of insureds. The rate quotes are based on a married male driver, full physical damage coverage, and no discounts are applied.

Accidents and violations increase rates

The diagram below shows how speeding tickets and accidents can drive up Chevy Impala auto insurance rates for different insured age categories. The premiums assume a single male driver, comp and collision included, $250 deductibles, and no discounts are applied.

Chevy Impala liability rates compared to full coverage

The illustration below visualizes the comparison of Chevy Impala yearly insurance costs with liability coverage only compared to full coverage. The rate quotes are based on no violations or claims, $1,000 deductibles, single status, and no discounts are applied.

Guidelines for dropping full coverage

There is no set guideline of when to stop paying for full coverage on your policy, but there is a general convention. If the yearly cost for physical damage coverage is 10% or more of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

For example, let’s say your Chevy Impala replacement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $8,000 after the policy deductible has been paid. If it’s costing in excess of $800 a year for physical damage coverage, then it might be time to consider dropping full coverage.

There are some scenarios where removing full coverage is not advised. If you still have a lienholder on your title, you are required to maintain full coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not remove full coverage.

Why you need quality insurance for your Chevy vehicle

Despite the potentially high cost of Chevy Impala insurance, car insurance is a good idea for several reasons.

• Just about all states have compulsory liability insurance requirements which means state laws require specific minimum amounts of liability insurance coverage if you drive a vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you have a lien on your Chevy, more than likely the lender will stipulate that you have insurance to protect their interest in the vehicle. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Chevy at an extremely high rate and require you to fork over a much higher amount than you were paying before.
• Car insurance preserves your Chevy and your assets. It will also cover many types of medical costs for both you and anyone you injure as the result of an accident. Liability coverage also covers all legal expenses up to the policy limit if you are sued as the result of an accident. If you have damage to your Chevy as the result of the weather or an accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.

The benefits of insuring your car are definitely more than the cost, particularly if you ever have a claim. The average driver in California is wasting up to $825 a year so we recommend shopping around each time the policy renews to help ensure money is not being wasted.

Companies offer money-saving discounts on Chevy Impala insurance in Los Angeles

Some providers don’t always advertise all available discounts very clearly, so the following list contains a few of the more common as well as some of the hidden ways to save on car insurance.

• Onboard Data Collection – Policyholders that allow data collection to analyze driving manner through the use of a telematics system such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates if their driving habits are good.
• New Vehicle Savings – Insuring a vehicle that is new can get you a discount because newer vehicles have to meet stringent safety requirements.
• Defensive Driving Course – Taking a course that instructs on driving safety may get you a small discount if your company offers it.
• Student Discounts – A discount for being a good student can earn a discount of 20% or more. Most companies allow this discount well after school through age 25.
• Policy Bundle Discount – When you have multiple policies with the same company you could earn a discount of nearly 15% which can help you find the cheapest Chevrolet Impala insurance in Los Angeles.
• Discounts for Seat Belt Usage – Forcing all vehicle occupants to buckle up can save 10% or more on the medical payments or PIP coverage costs.
• Pay Now and Pay Less – If paying your policy premium upfront rather than paying in monthly installments you may reduce your total bill.

Keep in mind that many deductions do not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Even though it appears you could get a free car insurance policy, it’s just not the way it works.

The example below shows the comparison of Chevy Impala insurance rates with and without discounts. The information is based on a female driver, no accidents or driving violations, California state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, safe-driver, marriage, multi-car, and multi-policy discounts applied.

Popular car insurance companies and the discounts they provide are shown below.

• GEICO has savings for anti-lock brakes, air bags, anti-theft, multi-policy, five-year accident-free, and multi-vehicle.
• USAA offers discounts including multi-vehicle, safe driver, annual mileage, new vehicle, good student, driver training, and loyalty savings.
• Progressive discounts include online quote discount, homeowner, good student, multi-vehicle, continuous coverage, and online signing.
• American Family has discounts for Steer into Savings, good driver, accident-free, good student, multi-vehicle, defensive driver, and bundled insurance.
• Esurance policyholders can earn discounts including renters, anti-theft, Pac-12 alumni, emergency road assistance, and DriveSense.
• Farmers Insurance may have discounts that include mature driver, electronic funds transfer, distant student, homeowner, bundle discounts, switch companies, and early shopping.
• State Farm may offer discounts for Drive Safe & Save, accident-free, good student, passive restraint, anti-theft, multiple policy, and safe vehicle.

Before you buy a policy, ask every company how many discounts you can get. All car insurance discounts might not be offered in your area. If you would like to see a list of companies who offer cheap Chevy Impala insurance quotes in California, click this link.

Local agents and insurance

Certain consumers just want to have an agent’s advice and that is not a bad decision Most agents are highly skilled in risk management and help you file claims. One of the great benefits of getting free rate quotes online is you can get cheap rate quotes and still choose a local agent.

Once you complete this quick form, the coverage information gets sent to participating agents in Los Angeles who will give competitive quotes for your insurance coverage. There is no reason to contact any agents since price quotes are sent immediately to your email address. If you wish to get a comparison quote from a specific insurance provider, feel free to find their quoting web page and fill out their quote form.

Choosing an provider needs to be determined by more than just a cheap price quote. These are some questions you should get answers to.

• Are they paid to recommend certain coverages?
• Will the quote change when the policy is issued?
• In the event of vehicle damage, can you pick the collision repair facility?
• Is every driver in your family covered?
• Which companies do they recommend if they are an independent agency?
• What insurance company do they write the most business with?
• Are they primarily personal or commercial lines agents in Los Angeles?
• If you raise deductibles, how much can you save?

The difference between Los Angeles auto insurance agents

If you want to buy insurance from a good Los Angeles insurance agent, it helps to know the two different types of agents to choose from. Insurance agencies can either be independent agents or exclusive agents depending on their employer. Either one can properly insure your vehicles, but it is a good idea to know how they differ since it may influence the type of agent you choose.

Exclusive Insurance Agents

These type of agents can only quote rates from one company like Farmers Insurance, State Farm, or Allstate. They generally cannot place coverage with different providers so keep that in mind. Exclusive insurance agents are well schooled on what they offer and that can be a competitive advantage.

The following are Los Angeles exclusive insurance agents that are able to give price quotes.

View more Los Angeles agents

Independent Insurance Agents

Independent insurance agents are normally appointed by many insurers so they can insure your vehicles with many different companies enabling the ability to shop coverage around. If you are not satisfied with one company, your policy is moved internally and you don’t have to do anything. When shopping rates, we recommend you include at least one independent agent so that you can do a thorough price comparison.

Shown below is a short list of independent insurance agents in Los Angeles that are able to give rate quotes.

View more Los Angeles agents

Do I need special coverages?

When quoting and comparing coverage for your personal vehicles, there is no “perfect” insurance plan. You are unique.

Here are some questions about coverages that can aid in determining whether or not you may require specific advice.

• How high should deductibles be on a Chevy Impala?
• Do I really need UM/UIM coverage?
• Why is insurance for a teen driver so high in Los Angeles?
• Should I file a claim if it’s only slightly more than my deductible?
• Am I getting all the discounts available?
• Why am I required to get a high-risk car insurance policy?
• What is UM/UIM insurance?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form. It only takes a few minutes and can help protect your family.

Persistent drivers can save

Lower-priced Chevy Impala insurance in Los Angeles can be found online as well as from insurance agents, so you need to shop Los Angeles auto insurance with both in order to have the best chance of saving money. Some companies may not have online price quotes and many times these small insurance companies work with local independent agents.

We just presented many ways to reduce Chevy Impala insurance premium rates online in Los Angeles. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. You may even find the lowest priced auto insurance comes from the smaller companies.

People change insurance companies for many reasons like high rates after DUI convictions, delays in paying claims, poor customer service and policy cancellation. Whatever your reason, switching auto insurance companies is not as difficult as it may seem.

Additional detailed information can be found in the articles below:

• Cellphones, Texting and Driving (iihs.org)
• What Auto Insurance is Cheapest for a Toyota 4Runner in Los Angeles? (FAQ)
• Who Has the Cheapest Car Insurance for High School Students in Los Angeles? (FAQ)
• New head restraint design cuts injuries (Insurance Institute for Highway Safety)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Coverage Information (Progressive Insurance)
• Side Impact Crash Tests (iihs.org)