View 1998 Chevrolet Monte Carlo Insurance Rates

Trying to find lower auto insurance rates? Buyers have lots of choices when searching for low-cost Chevy Monte Carlo insurance. You can either waste hours calling around to compare prices or save time using the internet to find the lowest rates. There is a better way to compare auto insurance rates so we’re going to tell you the proper way to compare rates for your Chevy and locate the cheapest rates from local insurance agents and online providers.

It’s smart to compare prices before your next renewal since prices are rarely the same from one policy term to another. Even if you think you had the lowest rate for Monte Carlo insurance a couple years back you may be paying too much now. You’ll find a ton of advice on auto insurance online, but we’re going to give you some good information on how to lower your auto insurance rates.

If you have a current auto insurance policy or are shopping for new coverage, you can use these tips to reduce the price you pay while maintaining coverages. This article will tell you how to get online quotes. Vehicle owners just need to learn the best way to compare prices on the web.

Quote insurance online

There are several ways you can shop for insurance but some are easier and takes less work. You can spend countless hours discussing policy coverages with insurance companies in your area, or you could save time and use the internet to get rates in a matter of minutes.

All the larger companies participate in a marketplace that allows shoppers to submit their information once, and each participating company can give them a price determined by their information. This saves time by eliminating repetitive form submissions for each company.

To use this form to compare rates click to open in new window.

The only drawback to pricing coverage this way is buyers cannot specifically choose which companies you want pricing from. If you wish to select from a list of companies to compare prices, we have a page of insurance companies in your area. Click here to view list.

Whichever method you choose, ensure you’re using apples-to-apples deductibles and coverage limits for every company. If you compare different data it’s not possible to determine the best price for your Chevy Monte Carlo.

Be skeptical of insurance ads

Drivers can’t get away from all the ads for the lowest price insurance from companies such as 21st Century, Allstate and State Farm. They all seem to make the promise about how much you will save if you just switch your policy.

That’s great but how can every company have lower policy pricing? Here is how they do it.

Insurance providers have a preferred profile for the type of customer that will most likely be profitable. For example, a desirable insured may need to be between 25 and 40, has few claims, and chooses high deductibles. Any person that hits that “sweet spot” will get a cheap rate quote and most likely will save if they switch.

Potential insureds who fall short of the “perfect” profile will get more expensive rates and ends up with the customer not buying. If you listen to the ad wording, they say “drivers who switch” not “all people who quote” can get the lowest rates when switching. That is how insurance companies can confidently make those statements. This illustrates why you really need to compare rate quotes every year. It’s just too difficult to predict which company will be your best fit.

The Chevy Monte Carlo insurance price equation

Smart consumers have a good feel for some of the elements that come into play when calculating the rates you pay for insurance. If you know what determines base rates, this empowers consumers to make smart changes that will entitle you to cheaper rates. Many things are part of the equation when premium rates are determined. Some are pretty understandable such as traffic violations, but other criteria are less obvious such as whether you are married or your vehicle rating.

Listed below are some of the major factors used by your company to calculate premiums.

  • Car plus home equals more savings – Many insurance companies provide lower prices to policyholders that purchase more than one policy, otherwise known as a multi-policy discount. Even if you qualify for this discount already, it’s still a good idea to check prices from other companies to guarantee you are still saving the most.
  • Continuous coverage saves money – Driving with no insurance is a misdemeanor and as a result your rates will increase for letting your coverage have a gap. Not only will you pay higher rates, being ticketed for driving with no insurance might get you a steep fine or even jail time. You may then have to file a SR-22 with your state department of motor vehicles.
  • Prevent your car from being stolen – Buying a car with anti-theft technology or alarm system can help lower your rates. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems help track and prevent vehicle theft.
  • Coverage deductibles are a factor – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your Chevy. Examples of some claims that would be covered are collision with another vehicle, damage caused by hail, and having your car stolen. The deductibles you choose are the amount of money the insured will be required to pay if a covered claim is submitted. The more damage repair cost you choose to pay out-of-pocket, the lower your rates will be for Monte Carlo insurance.
  • Gender and insurance coverage rates – The statistics show women are more cautious behind the wheel. It does not mean males are worse at driving than females. Men and women cause accidents at a similar rate, but men have costlier accidents. Men also get ticketed for serious violations like reckless driving and DUI.
  • Keep the miles off and save – The more you drive every year the more you will pay for insurance. A lot of insurance companies calculate prices partially by how you use the vehicle. Vehicles left parked in the garage get more affordable rates than vehicles that have high annual mileage. Incorrect rating for your Monte Carlo can result in significantly higher rates. Make sure your insurance declarations sheet is rated on the proper vehicle usage.
  • Less chance of injury means lower premiums – Cars with high safety ratings can get you lower premiums. Safer cars reduce occupant injuries and lower rates of occupant injuries means lower claim amounts and cheaper rates on your policy. If the Chevy Monte Carlo scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.

Car insurance policy discounts you can’t miss

Car insurance is expensive, but you can get discounts that many people don’t even know exist. Some discounts will apply when you purchase, but a few must be inquired about in order for you to get them. If they aren’t giving you every credit you qualify for, it’s possible you qualify for a lower rate.

  • Defensive Driver Discounts – Successfully completing a class that teaches driver safety techniques could possibly earn you a 5% discount depending on where you live.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for a discount up to 10% for Monte Carlo insurance.
  • Onboard Data Collection – Insureds that choose to allow driving data collection to look at their driving habits remotely like Drivewise from Allstate or In-Drive from State Farm could possibly reduce rates as long as they are good drivers.
  • Government Employees – Having worked for a branch of the government can earn a discount up to 10% for Monte Carlo insurance with certain companies.
  • Distant College Student Discount – Any of your kids who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle may be able to be covered for less.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for cheaper car insurancerates.

You can save money using discounts, but most credits do not apply the the whole policy. Some only apply to individual premiums such as liability and collision coverage. Even though it may seem like you would end up receiving a 100% discount, nobody gets a free ride.

To see providers with significant discounts, click here.

Insurance agents can help

When choosing the best car insurance coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s needs are different.

For example, these questions could help you determine whether your personal situation might need an agent’s assistance.

  • Am I covered if I break a side mirror?
  • Does my 1998 Chevy Monte Carlo qualify for pleasure use?
  • Do I need rental car coverage?
  • At what point should I drop full coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and can help protect your family.

What insurance coverages do you need?

Knowing the specifics of a insurance policy helps when choosing appropriate coverage for your vehicles. Policy terminology can be impossible to understand and coverage can change by endorsement.

Comprehensive or Other Than Collision

This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as theft, falling objects and rock chips in glass. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Liability auto insurance

This coverage can cover damage or injury you incur to a person or their property. 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, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like pain and suffering, attorney fees, repair costs for stationary objects and loss of income. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like crashing into a ditch, scraping a guard rail, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 1998 Chevy Monte Carlo.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for expenses like pain medications, ambulance fees and X-ray expenses. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

More effort can pay off

We covered many ways to save on 1998 Chevy Monte Carlo insurance. It’s most important to understand that the more rate comparisons you have, the better likelihood of getting cheap insurance. Drivers may discover the best price on insurance coverage is with an unexpected company.

Insureds leave their current company for any number of reasons including high rates after DUI convictions, questionable increases in premium, unfair underwriting practices and high prices. Regardless of your reason for switching companies, finding a great new company is actually quite simple.

Cheaper 1998 Chevy Monte Carlo insurance can be sourced from both online companies and from local insurance agents, and you should be comparing both in order to have the best chance of saving money. Some companies do not offer internet price quotes and usually these regional carriers only sell through independent agents.

To learn more, feel free to visit the articles below: