Save on 2004 Chevrolet Monte Carlo Insurance Rates

Trying to find lower car insurance rates for your Chevrolet Monte Carlo? Did you fall for a flashy sales pitch and buy high-priced car insurance? Trust us when we tell you there are a lot of people just like you who feel imprisoned by their car insurance policy.

Online insurance companies like Allstate, Progressive and Geico constantly blast consumers with ad campaigns and it is challenging if not impossible to sift through the bull and take the time to shop coverage around.

You should take the time to shop coverage around quite often because rates tend to go up over time. Despite the fact that you may have had the best deal on Monte Carlo coverage six months ago there is a good chance you can find better rates now. So forget all the misinformation about car insurance because we’re going to show you the fastest and easiest way to save on car insurance.

If you currently have car insurance, you should be able to save some money using this information. Finding affordable coverage is not that difficult. Although vehicle owners do need to understand the way companies price online insurance because it can help you find the best coverage.

Why your Chevy Monte Carlo insurance rates may be high

Smart consumers have a good feel for the factors that help determine insurance rates. Having a good understanding of what influences your rates enables informed choices that could result in big savings.

  • High deductibles save money – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Chevy. A few examples of covered claims are collision with another vehicle, damage caused by hail, or theft. Physical damage deductibles are how much you are willing to pay out-of-pocket before a claim is paid by your company. The more you have to pay, the bigger discount you will receive on Monte Carlo coverage.
  • Never let your coverage lapse – Not having insurance is illegal and as a result your rates will increase for letting your insurance lapse. And not only will insurance be more expensive, but being ticketed for driving with no insurance can result in a revoked license or a big fine.You may then be required to prove you have insurance by filing a SR-22 with your state DMV.
  • Your age impacts your rates – Teen drivers are statistically proven to be less responsible behind the wheel so insurance rates are higher. Parents adding a youthful driver onto your insurance can really hurt. Older drivers tend to be more responsible, tend to cause fewer accidents and tend to be better behind the wheel.
  • Occupation reflects on rates – Did you know your job can affect your rates? Occupations such as real estate brokers, executives and stock brokers have the highest rates due to stressful work requirements and long work hours. On the other hand, professions such as scientists, students and homemakers get better rates on Monte Carlo coverage.
  • More people means more accidents – Living in a small town has it’s advantages when it comes to insurance. Drivers who live in large cities have to deal with congested traffic and longer commutes to work. Fewer drivers means a lower chance of having an accident and also fewer theft and vandalism claims.
  • Battle of the sexes – The statistics show that women are safer drivers than men. That doesn’t necessarily mean that men are worse drivers. Men and women have accidents at about the same rate, but the men cause more damage. Men also statistically have more aggressive citations such as DWI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and are penalized with high insurance rates.
  • An active claims history can cost you – If you frequently file small claims, you can pretty much guarantee either policy cancellation or increased premiums. Insurance companies award discounts to insureds who do not rely on their insurance for small claims. Your insurance policy is meant to be used in the event of the large, substantial claims.
  • Do you need the policy add-ons? – There are quite a few add-on coverages that can waste your money on your insurance policy. Coverages like vanishing deductibles, accident forgiveness and term life insurance may be costing you every month. They may seem like a good idea when talking to your agent, but if they’re wasting money get rid of them and save.

Comprehensive Auto Insurance Comparison

Shopping for lower auto insurance rates can take time and effort if you don’t know the easiest way. You can waste hours talking to agents in your area, or you can utilize online quoting to quickly compare rates.

Many companies enroll in a system where prospective buyers only type in their quote data once, and each company provides a quote determined by their information. This saves time by eliminating quote forms for each company you want a rate for.

To compare 2004 Chevy Monte Carlo rates now click here (opens in new window).

The only downside to getting quotes like this is that you can’t choose the insurers you want to price. So if you prefer to pick from a list of companies to compare prices, we have assembled a list of auto insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but make absolute certain that you use exactly the same coverages and limits with each company. If the quotes have different limits and deductibles on each one then you won’t be able to find the best deal for your Chevy Monte Carlo. Slightly different limits can mean a large discrepancy in price. It’s important to know that comparing more company’s prices gives you a better chance of getting the best offered rates.

Discounts are basically free money

Insurance can cost an arm and a leg, but there are discounts available to help bring down the price. Certain discounts will be triggered automatically at the time of quoting, but a few must be specially asked for before being credited.

  • Federal Government Employee – Active or retired federal employment may qualify you for a discount on Monte Carlo coverage with a few insurance companies.
  • Accident Free – Drivers who don’t have accidents pay less as compared to accident-prone drivers.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and therefore earn up to a 10% discount.
  • Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
  • Organization Discounts – Being a member of a professional or civic organization may earn a discount when shopping for insurance on Monte Carlo coverage.

Drivers should understand that some of the credits will not apply to the entire cost. Most only cut the price of certain insurance coverages like liability and collision coverage. Just because it seems like all the discounts add up to a free policy, it doesn’t quite work that way. But any discount will bring down your premiums.

To see a list of insurance companies with the best insurance discounts, click here.

Which insurance is the “right” coverage?

When buying proper insurance coverage, there isn’t really a perfect coverage plan. Every situation is different so your insurance needs to address that. For instance, these questions could help you determine if your situation might need professional guidance.

  • Is a blown tire covered by insurance?
  • Do I need higher collision deductibles?
  • Is there coverage for injuries to my pets?
  • Where can I find DUI or SR-22 insurance?
  • Is my trailer covered?
  • Why am I required to buy liability insurance?
  • Should I buy more coverage than the required minimum liability coverage?
  • If I drive on a suspended license am I covered?
  • Am I covered when driving in Canada or Mexico?
  • Is my 2004 Chevy Monte Carlo covered for smoke damage?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Insurance policy coverages for a 2004 Chevy Monte Carlo

Learning about specific coverages of your policy can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on the average insurance policy.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like vandalism, hitting a deer and falling objects. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability auto insurance

This protects you from injuries or damage you cause to other’s property or people in an accident. It protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as repair costs for stationary objects, medical expenses and bail bonds. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Chevy Monte Carlo.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Most of the time these limits are similar to your liability insurance amounts.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for short-term medical expenses like funeral costs, X-ray expenses, nursing services and pain medications. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Auto collision coverage

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

Collision can pay for things such as hitting a parking meter, sideswiping another vehicle and rolling your car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

In any little way, save everyday

Cost effective 2004 Chevy Monte Carlo insurance can be sourced from both online companies as well as from independent agents, so you should compare both to have the best selection. Some insurance providers don’t offer you the ability to get quotes online and these small insurance companies work with independent agents.

When you buy insurance online, never skimp on critical coverages to save a buck or two. There are many occasions where someone dropped comprehensive coverage or liability limits only to discover later that the small savings ended up costing them much more. The aim is to purchase a proper amount of coverage at a price you can afford while not skimping on critical coverages.

We just covered quite a bit of information on how to reduce insurance prices online. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from the least-expected company. Smaller companies can often provide lower rates in certain areas as compared to the big name companies such as Allstate, Geico and Progressive.

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