Cheap 2003 Chevrolet Monte Carlo Insurance Rates

Want lower car insurance rates for your Chevrolet Monte Carlo? Feel like you’re a prisoner to high-priced car insurance? Trust us, you’re not alone. There is such a variety of car insurance companies to insure vehicles with, and even though it’s nice to have a choice, too many choices makes it more difficult to compare rates and cut insurance costs.

Consumers should take time to take a look at other company’s rates on a regular basis since insurance rates fluctuate regularly. Just because you found the lowest price for Monte Carlo coverage a year ago you can probably find a lower rate today. Block out anything you think you know about car insurance because I’m going to let you in on the secrets to the things you must know in order to find great coverage at a great price.

Finding affordable coverage is quite easy. If you are insured now or need new coverage, you can use this information to shop for the lowest rates and still get good coverage. Drivers only need an understanding of the proper way to shop over the internet.

Take discounts and save

Companies offering auto insurance don’t always list every discount very well, so the following is a list of both the well known and the more hidden discounts you could be receiving. If you don’t get every credit you deserve, you are throwing money away.

  • Early Signing – Some companies give discounts for buying a policy before your current expiration date. This can save 10% or more.
  • Government Employees – Employees or retirees of the government could cut as much as 10% off for Monte Carlo coverage with select insurance companies.
  • Organization Discounts – Participating in certain professional organizations may earn a discount when buying insurance for Monte Carlo coverage.
  • Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less for Monte Carlo coverage than their less cautious counterparts.
  • Accident Waiver – Some insurance companies will forgive one accident before your rates go up if you are claim-free prior to the accident.

Consumers should know that most credits do not apply to the entire cost. A few only apply to the price of certain insurance coverages like comp or med pay. So despite the fact that it appears all those discounts means the company will pay you, companies don’t profit that way.

Insurance companies that may have these money-saving discounts include:

Double check with each company which discounts they offer. All car insurance discounts might not be offered in your area.

Which policy gives me the best coverage?

When choosing coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique and your policy should reflect that. These are some specific questions might help in determining if your situation may require specific advice.

  • Does coverage extend to a rental car in a foreign country?
  • Do I need higher collision deductibles?
  • What is UM/UIM insurance?
  • When would I need additional glass coverage?
  • Is my trailer covered?
  • Should I put collision coverage on all my vehicles?
  • How do I buy GAP insurance?
  • Am I covered if I wreck a rental car?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.

Information about specific coverages

Understanding the coverages of a auto insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on the average auto insurance policy.

Liability auto insurance

Liability insurance will cover damage that occurs to people or other property that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability can pay for things like medical services, repair bills for other people’s vehicles and legal defense fees. How much coverage you buy is up to you, but buy higher limits if possible.

Comprehensive coverage

This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as a broken windshield, hail damage, damage from getting keyed and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Chevy Monte Carlo.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for bills like EMT expenses, nursing services, rehabilitation expenses, doctor visits and dental work. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover you and your occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like colliding with another moving vehicle, crashing into a ditch, sideswiping another vehicle and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Shop. Compare. Save.

When trying to cut insurance costs, it’s a bad idea to reduce coverage to reduce premium. In too many instances, an insured cut uninsured motorist or liability limits and found out when filing a claim that it was a big mistake. The ultimate goal is to purchase a proper amount of coverage for the lowest price.

We just showed you some good ideas how you can lower your 2003 Chevy Monte Carlo insurance rates. The key concept to understand is the more you quote, the better likelihood of reducing your rate. Consumers may even find the best prices are with an unexpected company. Regional companies often have lower prices on specific markets than the large multi-state companies such as State Farm, Geico and Nationwide.

Additional insurance coverage information can be found below: