Find Cheaper Chevy Impala Insurance in Philadelphia

Insurance for Chevy ImpalaIf you’re trying to find lower-cost insurance online, are you intimidated by the crazy number of auto insurance sources available to you? Vehicle owners have so many sources available that it can easily turn into a real challenge to find the perfect company for you. If you live there, you know that Philadelphia has many things to offer, but trying to pay high auto insurance rates can make it nearly impossible for many drivers to afford proper coverage amounts.

It’s well known that insurance companies don’t want policyholders to compare prices from other companies. Drivers who do rate comparisons are likely to buy a new policy because the odds are good of finding a lower-cost company. A recent survey discovered that people who compared rate quotes regularly saved approximately $3,450 over four years as compared to drivers who never compared rates.

If finding budget-friendly car insurance is your ultimate goal, then learning a little about how to get free comparison quotes and analyze coverages can make the process less intimidating.

The easiest way to get policy rate comparisons for Chevy Impala insurance in Philadelphia is to take advantage of the fact most larger insurance companies provide online access to compare rate quotes. To begin a comparison, all you need to do is provide information like if a SR-22 is needed, the make and model of your vehicles, if it has an anti-theft system, and how much school you completed. That information is instantly sent to many different companies and you will receive price estimates with very little delay.

To compare multiple company cheaper Chevy Impala insurance rates now, click here and enter your coverage details.

The following companies can provide free rate quotes in Philadelphia, PA. If multiple providers are shown, we recommend you get rates from several of them in order to find the most competitive rates.

Cheaper Philadelphia car insurance quotes with discounts

Car insurance is not cheap nor is it fun to buy but you may find discounts that may help make it more affordable. Some discounts apply automatically when you purchase, but a few need to be requested specifically prior to receiving the credit.Save money with discounts

Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Most cut the cost of specific coverages such as liability and collision coverage. So even though you would think all those discounts means the company will pay you, you won’t be that lucky.

The illustration below visualizes the comparison of Chevy Impala insurance premiums with and without discounts applied to the rates. The costs are based on a female driver, no tickets, no at-fault accidents, Pennsylvania state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, claim-free, homeowner, multi-policy, and marriage discounts applied.

Popular car insurance companies and their offered discounts can be read below.

Before you buy a policy, ask each company how you can save money. Some discounts listed above may not be offered in your state.

Auto insurance statistics and figures

The rate table below highlights estimates of insurance costs for Chevy Impala models. Understanding more about how auto insurance policy rates are established is important for making smart choices when purchasing an insurance policy.

Chevrolet Impala Insurance Rates in Philadelphia, PA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Impala LS $164 $318 $340 $20 $102 $944 $79
Impala LS $164 $318 $340 $20 $102 $944 $79
Impala LT $188 $318 $340 $20 $102 $968 $81
Impala LT $188 $318 $340 $20 $102 $968 $81
Impala LTZ $188 $374 $340 $20 $102 $1,024 $85
Impala LTZ $188 $374 $340 $20 $102 $1,024 $85
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Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Price information does not factor in Philadelphia location which can modify coverage prices considerably.

Cost comparison with and without full coverage

The diagram below illustrates the comparison of Chevy Impala car insurance costs with full coverage and liability only. The rates are based on no tickets, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are taken into consideration.

When to drop comp and collision

There is no set guideline to exclude full coverage, but there is a general convention. If the yearly cost of full coverage is more than around 10% of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.

For example, let’s assume your Chevy Impala replacement cost is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would receive is $3,000 after paying the physical damage deductible. If premium cost is more than $300 annually for full coverage, then it could be time to drop full coverage.

There are a few cases where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not opt for liability only.

Insurance is available from local agents

Many people just prefer to talk to an insurance agent and we recommend doing that An additional benefit of getting free rate quotes online is you may find cheap insurance rates but also keep your business local. And buying from neighborhood insurance agencies is important especially in Philadelphia.

Insurance agency in PhiladelphiaOnce you complete this form (opens in new window), your insurance data is immediately sent to local insurance agents that can give you free Philadelphia auto insurance quotes and help you find cheaper coverage. It’s much easier because you don’t need to even leave your home because prices are sent to the email address you provide. You can get cheaper insurance rates and an insurance agent to talk to. If for some reason you want to compare rates from one company in particular, you would need to navigate to their website and submit a quote form there.

If you’re trying to find a local agent, it helps to know the two types of insurance agents and how they are slightly different. Insurance policy providers can be described as either independent or exclusive depending on the company they work for.

Independent Insurance Agencies or Brokers

These type of agents are not employed by any specific company so they can write business with lots of companies and find you cheaper rates. If your agent finds better pricing, they simply move your policy to a different company and that require little work on your part.

When searching for an agent, you definitely need to get several quotes from multiple independent agents so that you have a good selection of quotes to compare. Most also write with companies you’ve never heard of that can offer cheaper rates than bigger companies.

The following are independent agents in Philadelphia that can give you competitive price quotes.

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Exclusive Insurance Agents

Agents in the exclusive channel can only write with one company and some examples include Allstate, State Farm and Farm Bureau. These agents are unable to provide prices from multiple companies so always compare other rates. Exclusive agents are usually well trained on the products they sell and that can be a competitive advantage. Some insured continue to buy insurance from these agents partially due to loyalty to the company rather than having low rates.

Listed below is a short list of exclusive agents in Philadelphia that can give you price quote information.

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Finding a good car insurance agent needs to be determined by more than just a cheap price. A good agent in Philadelphia will have answers to these questions.

Auto insurance can be complex

When selecting your policy for your vehicles, there is no perfect coverage plan. Everyone’s situation is a little different and your auto insurance should unique, too.Drive safe and save
Here are some questions about coverages that might help in determining if your situation would benefit from an agent’s advice.

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Why Your Insurance Costs might be higher

Lots of factors are taken into consideration when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, although others are more obscure like your vehicle usage or your financial responsibility.

Liability insurance limits are a factor – Liability insurance will protect you in the event that a jury decides you are liable for physical damage or personal injury to other. Your liability coverage provides you with a defense in court which can cost thousands of dollars. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.

Traffic violations can be expensive – Good drivers get better prices as compared to careless drivers. Only having one speeding ticket or other violation can bump up the cost twenty percent or more. Drivers who get multiple tickets like reckless driving, hit and run or driving under the influence may be required to maintain a SR-22 with their state’s department of motor vehicles in order to drive a vehicle legally.

The diagram below illustrates how speeding tickets and accident claims increase Chevy Impala auto insurance costs for each different age group. The data assumes a married male driver, comp and collision included, $250 deductibles, and no discounts are factored in.

High credit equals lower costs – Credit history is likely to be a major factor in calculating your car insurance rates. Consumers who have high credit scores tend to be more responsible than those with poor credit scores. If your credit history leaves room for improvement, you could be paying less to insure your Chevrolet Impala if you clean up your credit.

Cheaper rates with high coverage deductibles – The deductibles you choose define how much you are required to pay in the event of a claim. Physical damage insurance, also called ‘full coverage’, covers damage that occurs to your car. Some examples of covered claims would be collision with another vehicle, damage from fire, or theft of your vehicle. The more of the claim you pay before a claim is paid (deductible), the lower your rates will be.

Rates and vocation – Do you have a high-stress occupation? Occupations like judges, air traffic controllers, and emergency personnel are shown to have higher rates than average attributed to high stress levels and incredibly demanding work hours. On the other hand, jobs such as scientists, historians and homemakers pay the least.

Less chance of injury means lower car insurance rates – Vehicles with high crash test scores can get you lower premiums. Safe vehicles protect occupants better and any reduction in injury severity translates directly to fewer claims and cheaper rates on your policy. If your Chevy Impala is rated at a minimum four stars on or an “acceptable” rating on it is probably cheaper to insure.

Gals tend to cost less – Statistics have proven that women are safer drivers than men. It does not mean females are better at driving than males. Women and men get in auto accidents at about the same rate, but the men get into accidents with more damage. Men also statistically receive more major tickets like DWI (DUI) or reckless driving. Males from age 16 to 21 are most likely to cause an accident and therefore pay the highest rates.

The illustration below compares Chevy Impala car insurance costs for male and female drivers. The rate quotes are based on no claims or driving citations, full physical damage coverage, $1,000 deductibles, drivers are single, and no policy discounts are applied.

Chevy Impala historical loss data – Auto insurance companies factor in insurance loss information as a tool for profitable underwriting. Models that the data shows to have higher number or severity of losses will have higher rates. The next table shows the insurance loss data for Chevy Impala vehicles.

For each type of coverage, the claim amount for all vehicles, as an average, is considered to be 100. Values below 100 indicate better than average losses, while percentage values above 100 point to more claims or an increased likelihood of larger losses.

Auto Insurance Loss Data for Chevrolet Impala Models
Vehicle 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

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Car insurance is an important decision

Despite the high cost of buying insurance for a Chevy Impala in Philadelphia, insuring your vehicle is not optional due to several reasons.

The benefits of having car insurance greatly outweigh the cost, especially if you ever need it. The average driver in Pennsylvania overpays as much as $855 a year so you should quote your policy with other companies each time the policy renews to help ensure money is not being wasted.

Compare insurance prices regularly to save

We just showed you quite a bit of information on how to reduce Chevy Impala insurance premium rates online in Philadelphia. The key concept to understand is the more quotes you get, the better likelihood of getting low cost Philadelphia auto insurance quotes. You may even be surprised to find that the best premium rates are with the smaller companies. They often have lower prices on specific markets compared to the large companies like Progressive or GEICO.

Cheaper Chevy Impala insurance in Philadelphia can be sourced from both online companies in addition to local insurance agencies, so you should compare both to have the best selection. Some insurance companies may not provide internet price quotes and these regional carriers prefer to sell through independent agents.

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