Compare 1998 Chevrolet Monte Carlo Car Insurance Cost

Trying to find the cheapest insurance rates for your Chevrolet Monte Carlo? Searching for the cheapest insurance for a Chevy Monte Carlo can turn out to be an all-consuming task, but you can learn our insurance buying tips to make it easier.

There are both good and bad ways to compare insurance rates so we’re going to tell you the proper way to price shop coverage for your Chevy and obtain the lowest price either online or from local insurance agents.

Smart consumers take time to do rate comparisons periodically because insurance rates are rarely the same from one policy term to another. If you had the best price for Monte Carlo coverage a year ago you will most likely find a better rate today. Starting right now, forget all the misinformation about insurance because you’re going to learn the best way to properly buy coverages and cut your premium.

If you are insured now or need new coverage, you can use these tips to get lower rates and possibly find even better coverage. Finding affordable insurance coverage is quite easy. Vehicle owners only need an understanding of how to get comparison quotes on the web.

Save money by taking advantage of these discounts

Insuring your fleet can be pricey, but there could be available discounts to help bring down the price. Certain discounts will be applied when you complete an application, but less common discounts must be specially asked for in order for you to get them. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Military Rewards – Being deployed with a military unit may qualify for rate reductions.
  • Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.
  • One Accident Forgiven – A handful of insurance companies will allow you to have one accident before your rates go up so long as you haven’t had any claims prior to the accident.
  • No Accidents – Good drivers with no accidents pay much less when compared with frequent claim filers.
  • Multiple Cars – Buying coverage for all your vehicles on one policy could earn a price break for each car.
  • Student Driver Training – Have your child successfully complete driver’s ed class in high school.
  • Club Memberships – Belonging to certain professional organizations is a good way to get lower rates when buying car insurance for Monte Carlo coverage.
  • Sign Early and Save – Select companies give a discount for switching to them before your current policy expires. It can save you around 10%.

A little note about advertised discounts, some credits don’t apply to your bottom line cost. A few only apply to the cost of specific coverages such as comp or med pay. Even though it may seem like you can get free auto insurance, companies wouldn’t make money that way. But all discounts will cut the cost of coverage.

To see a list of companies offering car insurance discounts, follow this link.

Factors that can influence insurance rates for a Chevy Monte Carlo

Consumers need to have an understanding of the different types of things that go into determining the price you pay for car insurance. Having a good understanding of what influences your rates allows you to make educated decisions that can help you get lower car insurance prices.

  • High deductibles save money – Physical damage coverage, also known as collision and other-than-collision, protects your Chevy from damage. A few examples of covered claims are running into the backend of another car, damage caused by hail, and burglary. Physical damage deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The more expense you have to pay, the lower your rates will be for Monte Carlo coverage.
  • Never let your coverage lapse – Driving with no insurance is a misdemeanor and your next policy will cost more because you let your insurance expire. Not only will rates go up, but being ticketed for driving with no insurance can result in a hefty fine and possibly a revoked license.
  • An active claims history can cost you – If you tend to file frequent claims, you can expect either higher rates or even cancellation. Insurance companies provide lower rates to insureds who file claims infrequently. Car insurance is intended for the bigger claims that can’t be paid out-of-pocket.
  • Extra coverages can waste money – There are quite a few extra bells and whistles you can purchase when buying car insurance. Things like rental car reimbursement, better glass coverage and membership fees are examples of these. These coverages may sound good when talking to your agent, but your needs may have changed so remove them from your policy.
  • Where you live is a factor – Choosing to live in a rural area can save you money when talking about car insurance. Fewer people means fewer accidents and a lower car theft rate. Drivers in populated areas have traffic congestion and a longer drive to work. More time commuting means more change of being in an accident.
  • Traffic violations increase rates – A bad driving record has a lot to do with how much you pay for insurance. Even one moving violation may increase your cost forty percent or more. Drivers with clean records get better rates than their less careful counterparts. If you have dangerous violations like hit and run, DWI or reckless driving convictions may find they need to file a proof of financial responsibility form (SR-22) with their state DMV in order to prevent a license revocation.
  • Do you work long hours in a high stress job? – Did you know that where you work can have an impact on rates? Careers like judges, social workers and accountants are shown to have higher rates than average attributed to high stress and lots of time spent at work. On the flip side, jobs such as scientists, athletes and homemakers pay the least for Monte Carlo coverage.
  • With age comes lower rates – Young drivers are known to be more careless when driving so they pay higher car insurance rates. Parents adding a teen driver onto your car insurance can be very expensive. More mature drivers are viewed as being more responsible, statistically cause fewer accidents and tend to be better behind the wheel.

When should I use an insurance agent?

When it comes to buying proper insurance coverage for your vehicles, there is no “perfect” insurance plan. Everyone’s situation is unique.

These are some specific questions might point out whether your personal situation will benefit from professional help.

  • Is there coverage for injuries to my pets?
  • Does medical payments coverage apply to all occupants?
  • Am I covered when driving on a suspended license?
  • Do I need PIP coverage since I have good health insurance?
  • Do all my vehicles need collision coverage?
  • Does liability extend to a camper or trailer?
  • How can I force my company to pay a claim?
  • When does my teenage driver need to be added to my policy?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and can provide invaluable advice.

Insurance specifics

Knowing the specifics of your insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

Collision protection

Collision coverage covers damage to your Monte Carlo resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims like backing into a parked car, hitting a parking meter and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also increase the deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as damage from flooding, a tree branch falling on your vehicle, hitting a bird and hitting a deer. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability coverage

This can cover damages or injuries you inflict on other’s property or people that is your fault. This coverage protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against things such as loss of income, structural damage, medical expenses, attorney fees and funeral expenses. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for bills like rehabilitation expenses, prosthetic devices, EMT expenses, funeral costs and hospital visits. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. They cover you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your 1998 Chevy Monte Carlo.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Be a penny pincher

People change insurance companies for any number of reasons including policy cancellation, an unsatisfactory settlement offer, denial of a claim and even policy non-renewal. Regardless of your reason, finding a new car insurance company is pretty simple and you could end up saving a buck or two.

When you buy insurance online, you should never sacrifice coverage to reduce premiums. In too many instances, someone dropped comprehensive coverage or liability limits and discovered at claim time that the small savings ended up costing them much more. Your goal should be to purchase plenty of coverage for the lowest price.

Affordable 1998 Chevy Monte Carlo insurance is definitely available online in addition to many insurance agents, so compare prices from both in order to have the best price selection to choose from. There are still a few companies who do not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

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