Find Affordable Chevy Impala Insurance in Jacksonville

Surprisingly, a recent survey revealed that almost 70% of insureds have bought insurance from the same company for over three years, and approximately 40% of consumers have never compared insurance rates at all. Many drivers in Jacksonville can save about $1,130 each year just by comparing rates, but they don’t understand how simple it is to compare rates.

The recommended way to find the cheapest price for auto insurance rates is to compare prices once a year from insurers who sell auto insurance in Jacksonville. You can compare prices by completing these steps.

1. Take a little time to learn about the different coverages in a policy and the modifications you can make to prevent expensive coverage. Many rating criteria that increase rates such as traffic citations and a not-so-good credit history can be controlled by making minor changes to your lifestyle.
2. Quote rates from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from a single company like GEICO and State Farm, while agents who are independent can give you price quotes from multiple sources.
3. Compare the price quotes to the price on your current policy and see if you can save money. If you can save some money, ensure coverage does not lapse between policies.
4. Give proper notification to your current agent or company to cancel your current car insurance policy and submit the signed application along with the required initial payment to your new company or agent. Don’t forget to put the new certificate of insurance in an easily accessible location in your vehicle.

A valuable tip to remember is to use identical deductibles and limits on every price quote and and to get rates from as many carriers as you can. This ensures a level playing field and the best rate selection.

If you are already insured, you will surely be able to get lower rates using this information. This information will let you in on how to effectively get price quotes and also save some money in the process But Florida car owners benefit from understanding how big insurance companies calculate your policy premium because it can help you find the best coverage.

Smart Choices Result in Lower Insurance Prices

One of the most helpful ways to save on auto insurance is to to have a grasp of the factors that help determine your policy premiums. If you have a feel for what determines base rates, this allows you to make educated decisions that can help you get much lower annual insurance costs.

Shown below are some of the major factors used by your company to calculate your prices.

• Insurance companies don’t like frequent insurance claims – Companies in Florida give the best rates to policyholders that do not abuse their auto insurance. If you file a lot of claims you can definitely plan on increased rates or even have your policy non-renewed. Your insurance policy is intended for the large, substantial claims.
• Vocation stress can make you pay more – Jobs like judges, police officers, and medical professionals are shown to have higher rates than average attributed to intense work-related stress and extremely grueling work hours. On the other hand, occupations such as actors, students and homemakers pay the least.
• Poor credit rating equals high premiums – Having a good credit score will be a significant factor in determining your rates. So if your credit score is lower than you’d like, you could save money insuring your Chevrolet Impala by repairing your credit. Insureds that have good credit tend to be less risk to insure than those with poor credit scores.
• Safer cars are cheaper to insure – Vehicles that have high safety ratings cost less to insure. Highly rated vehicles protect occupants better and reduced instances of injuries translates into fewer and smaller insurance claims which can result in lower premiums.

• Male premiums may be higher – Over the last 30 years, statistics show females are less aggressive when driving. It does not mean females are better at driving than males. Women and men cause fender benders at about the same rate, but the males cause more damage. Not only are claims higher, but men get higher numbers of serious violations like driving under the influence (DUI).

  The illustration below shows the difference between Chevy Impala premium costs for male and female drivers. The prices are based on no claims or violations, comp and collision included, $100 deductibles, single marital status, and no discounts are applied.

• Avoid traffic tickets – Even a single chargeable violation may cause rates to rise substantially. Careful drivers pay lower auto insurance prices compared to drivers with tickets. Drivers with license-revoking tickets such as DWI, reckless driving or hit and run convictions may find that they have to to prove financial responsibility with their state’s department of motor vehicles in order to legally drive.

  The example below demonstrates how traffic citations and accident claims can affect Chevy Impala premium costs for different age groups of insureds. The data is based on a single male driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.

• Eliminate unneeded add-on coverages – Insurance companies have many extra add-on coverages that sound like a good idea at the time on your auto insurance policy. Coverages for personal injury protection, towing coverage, and motor club memberships may be wasting your money. The coverages may be enticing when you first buy your policy, but now you might not need them so remove them and pocket the money.

• Chevy Impala claim data – Companies factor in historical loss data to help set a rate to offset losses. Models that historically have higher loss trends will be charged more to insure. The data below shows the actual insurance loss data for Chevy Impala vehicles.

  For each coverage category, the statistical loss for all vehicles compiled together equals 100. Numbers under 100 indicate better than average losses, while numbers shown that are more than 100 point to more frequent losses or an increased likelihood of larger losses.

  
  

  Chevrolet Impala Insurance Loss Statistics

  Make and 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

  Statistics from IIHS.org for 2013-2015 Model Years

Car insurance analysis for a Chevy Impala

The premium information below covers estimates of insurance costs for Chevy Impala models. Having insight into how car insurance premiums are established is important for you to make smart choices when selecting a coverage provider.

Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Premium costs do not factor in specific garaging location which can impact coverage prices significantly.

Policy deductibles

When comparing car insurance rates, the most common question is how low should you set your deductibles. The following insurance rates may aid in understanding the differences in premium rates when you choose different deductibles. The first rate estimation uses a $100 physical damage deductible and the second rate table uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Rate information does not factor in vehicle garaging location which can impact premium rates noticeably.

Based on the above data, using a $100 deductible costs an average of $42 more each month or $504 for a full year averaged for all Impala models than selecting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at least 21 months between claims, you would probably come out ahead if you opt for a higher deductible.

Cost of full coverage

The information below visualizes the comparison of Chevy Impala yearly insurance costs with full coverage compared to only the Florida minimum liability coverage. The premiums are based on a clean driving record, no at-fault accidents, $1,000 deductibles, drivers are single, and no discounts are factored in.

When to drop comprehensive and collision coverage

There is no written rule to stop buying full coverage on your policy, but there is a guideline you can use. If the yearly cost of full coverage is about 10% or more of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.

For example, let’s say your Chevy Impala settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $2,000 after you pay the deductible. If you are paying in excess of $200 annually for comprehensive and collision coverage, then it may be the right time to buy liability only.

There are some cases where buying only liability insurance is not in your best interest. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not remove full coverage.

Lower rate quotes with discounts

Some companies don’t necessarily list every discount very clearly, so the following is a list of a few of the more well known and also the lesser-known discounts that you can inquire about if you buy Jacksonville auto insurance online.

• Discounts for Government Workers – Having worked for a branch of the government can save as much as 8% depending on your auto insurance provider.
• Pay Upfront and Save – By making one initial payment rather than paying in monthly installments you can avoid the installment charge.
• Paper-free Discount – A handful of companies will discount your bill up to fifty bucks just for signing your application on their website.
• Drive Less and Save – Driving fewer miles could earn better auto insurance rates on cars that stay parked.
• Accident-Free Discounts – Jacksonville drivers who stay claim-free pay less as opposed to accident-prone drivers.
• Auto/Home Discount – If you have multiple policies with one insurance company you could get a discount of approximately 10% to 15%.
• Distant College Student Discount – Older children living away from Jacksonville attending college and won’t have access to an insured vehicle may be able to be covered for less.
• Drivers Ed for Students – Require your teen driver to successfully complete driver’s ed class in school or through a local driver safety program.

A little disclaimer on discounts, most discounts do not apply to the overall cost of the policy. Most only reduce individual premiums such as liability, collision or medical payments. Even though it appears you can get free auto insurance, companies wouldn’t make money that way.

The information below compares Chevy Impala insurance premiums with and without discounts applied to the policy rates. The prices are based on a male driver, no claims, a clean driving record, Florida state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, marriage, homeowner, safe-driver, and multi-car discounts applied.

Companies and a partial list of their discounts can be found below.

• State Farm includes discounts for good driver, multiple policy, Drive Safe & Save, anti-theft, good student, and driver’s education.
• GEICO policyholders can earn discounts including anti-lock brakes, driver training, emergency military deployment, five-year accident-free, and membership and employees.
• Allstate offers discounts including early signing, new car, defensive driver, passive restraint, and teenSMART discount.
• SAFECO offers discounts for anti-theft, bundle discounts, teen safe driver, homeowner, drive less, teen safety rewards, and accident prevention training.
• Farm Bureau has savings for good student, multi-policy, 55 and retired, driver training, and safe driver.
• Progressive has discounts for homeowner, continuous coverage, multi-vehicle, multi-policy, good student, online signing, and online quote discount.
• AAA offers premium reductions for good driver, education and occupation, AAA membership discount, pay-in-full, and multi-car.

If you want the cheapest Chevrolet Impala rate quotes, ask every company how many discounts you can get. Some credits may not be available everywhere. To find companies that offer the discounts shown above in Jacksonville, click here to view.

Compare. Compare. Compare.

Insureds switch companies for many reasons like delays in paying claims, lack of trust in their agent, policy cancellation and even policy non-renewal. It doesn’t matter what your reason, choosing a new company is actually quite simple.

Cheap Chevy Impala insurance in Jacksonville can be purchased on the web and with local Jacksonville insurance agents, so you need to shop Jacksonville auto insurance with both so you have a total pricing picture. Some insurance providers do not provide online price quotes and many times these regional carriers only sell through local independent agents.

In this article, we presented many tips how you can get a better price on Chevy Impala insurance in Jacksonville. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. You may even discover the lowest prices come from some of the lesser-known companies.

For more information, feel free to visit the following helpful articles:

• Steps to Take After an Auto Accident (Insurance Information Institute)
• Who Has the Cheapest Jacksonville Auto Insurance Quotes for Real Estate Agents? (FAQ)
• What Auto Insurance is Cheapest for a Toyota RAV4 in Jacksonville? (FAQ)
• Who Has Cheap Auto Insurance for Veterans in Jacksonville? (FAQ)
• Who Has the Cheapest Jacksonville Car Insurance Quotes for a Honda Accord? (FAQ)
• Who Has Affordable Jacksonville Car Insurance for College Graduates? (FAQ)
• No-Fault Auto Insurance Statistics (Insurance Information Institute)
• Parking Tips to Reduce Door Dings (State Farm)
• Frontal Crash Tests (iihs.org)
• Safety Belts FAQ (iihs.org)