Top Strategies to Lowering Your Chevy Monte Carlo Insurance Rates

Shoppers have options when shopping for affordable Chevy Monte Carlo insurance. They can either waste time calling around to compare prices or leverage the internet to get rate quotes.

There is a right way and a wrong way to find auto insurance online and we’ll show you the proper way to quote coverages for a Chevy and get the best price possible.

If you are paying for car insurance now, you will be able to cut costs considerably using these techniques. This information will familiarize you with the most effective way to quote insurance and some money-saving tips. But car owners should learn the way companies sell online because it can help you find the best coverage.

How to Compare Auto Insurance Quotes

There are several ways of comparing rates from auto insurance companies in your area. The recommended way to find the cheapest Chevy Monte Carlo insurance rates is simply to get online rate quotes. This can be accomplished in just a few minutes using one of these methods.

  1. The best way to get quotes is to use a rate comparison form (click to open form in new window). This method eliminates the need for a different quote for each company you want a rate for. Completing one form will get you rate comparisons from many national carriers. Recommended for those who want to invest the least amount of time.
  2. A different way to shop for auto insurance online requires a visit to each company’s website to request a price quote. For example, we’ll pretend you want comparison quotes from USAA, Allstate and Travelers. To find out each rate you need to take the time to go to each site and enter your policy data, which is why the first method is quicker. For a list of links to companies insuring cars in your area, click here.
  3. The least recommended method of getting rate comparisons to different agent offices. Buying insurance online can eliminate the need for a local agent unless you have a need for the professional guidance of a local agent. It is possible to obtain prices from the web but still have the advice of a local agent and we’ll touch on that later.

It’s your choice how you get your quotes, but double check that you are using exactly the same coverage limits on every quote you get. If you are comparing different values for each quote you can’t possibly decipher which rate is best. Slightly different insurance coverages may result in large price differences. Just keep in mind that comparing a large number of companies helps you find the best offered rates.

These discounts can lower your rates

Insurance can be prohibitively expensive, but discounts can save money and there are some available that you may not even be aware of. A few discounts will automatically apply at the time you complete a quote, but less common discounts must be specifically requested before they will apply.

  • No Charge for an Accident – A few companies permit an accident without raising rates if you are claim-free for a set time period.
  • Lower Rates for Military – Having a deployed family member can result in better rates.
  • Anti-theft Discount – Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
  • Save with a New Car – Adding a new car to your policy can be considerably cheaper compared to insuring an older model.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% less for Monte Carlo insurance than drivers with accidents.
  • E-sign – Certain companies may give you up to $50 simply for signing online.
  • Homeowners Pay Less – Owning a house may trigger a auto insurance policy discount due to the fact that maintaining a home demonstrates responsibility.

It’s important to note that many deductions do not apply to the entire policy premium. Most only apply to specific coverage prices like comprehensive or collision. Just because it seems like adding up those discounts means a free policy, companies don’t profit that way. Any qualifying discounts will reduce your overall premium however.

To choose companies who offer auto insurance discounts, click here.

Local agents and auto insurance

Some people would prefer to visit with an insurance agent and that is just fine! One of the great benefits of getting online price quotes is you can get better rates and still choose a local agent. Buying from local businesses is definitely important in small towns and cities.

Upon completion of this short form, your insurance coverage information is sent to agents in your area who will battle for your insurance coverage. You don’t have to even leave your home as quotes are delivered straight to your inbox. How cool is that?! You’ll get the best rates and a licensed agent to work with. auto insurance

Types of insurance agents

When looking for a good insurance agent, there are a couple of types of insurance agents that you can select. Agencies are categorized either captive or independent.

Independent Insurance Agents

Independent agencies are not locked into one company but rather can write business with multiple insurance companies and potentially find a lower price. If your agent finds better pricing, an independent agent can move your coverage and that require little work on your part. When comparison shopping, it’s a good idea to contact multiple independent agents for the best price selection.Most can insure with lesser-known insurance companies which can be an advantage.

Agency Captives

This type of agents write business for a single company and examples are American Family, Liberty Mutual and AAA. Captives cannot provide prices from multiple companies so they have to upsell other benefits. They are trained well in insurance sales which helps them sell insurance even at higher premiums. Consumers often buy insurance from these agents partially due to the brand legacy and the convenience of having a single billing for all their coverages.

To view a complete directory of insurance agents, click here.

Deciding on an insurance agency should depend on more than just a low price. Any agent should be forthright in answering these questions:

  • Do the companies they represent have a solid financial rating?
  • Is their price quote a firm figure or are their hidden costs?
  • Is working in the agency their full-time job?
  • Who are their largest clients?
  • How are claims handled?
  • How long has their agency been open?

After receiving good answers to any questions you have in addition to an acceptable price estimate, you have narrowed it down to an insurance agent that is a good match to properly service your auto insurance policy.

What coverages do I need?

When it comes to buying proper insurance coverage, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For instance, these questions may help you determine whether or not you might need professional guidance.

  • Is my vehicle covered by my employer’s policy when using it for work?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can I rate high risk drivers on liability-only vehicles?
  • Do I have coverage when using my vehicle for my home business?
  • What if I total my Chevy Monte Carlo and owe more than it’s worth?
  • Does coverage extend to a rental car in a foreign country?
  • Am I covered when driving in Canada or Mexico?
  • Do I qualify for additional discounts?

If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form.

Monte Carlo insurance rates

Why your Chevy Monte Carlo insurance rates may be high

An important part of buying insurance is that you know the factors that go into determining the price you pay for auto insurance. Having a good understanding of what controls the rates you pay helps enable you to make changes that may reward you with better auto insurance rates.

Listed below are some of the items that factor into rates.

  • Multiple policies with one company can save – Some insurers give discounts to people who buy several policies from them such as combining an auto and homeowners policy. This can amount to five, ten or even twenty percent. Even if you’re getting this discount you may still want to comparison shop to make sure you are getting the best deal. Drivers may still find a better deal by insuring with multiple companies.
  • Mature drivers pay less – More mature drivers are more responsible, statistically cause fewer accidents and tend to be better behind the wheel. Teen drivers are known to be careless and easily distracted when driving and because of this, their auto insurance rates are much higher.
  • Pleasure use saves money – The higher the mileage driven in a year the higher your rate. Most companies rate vehicles determined by how the vehicle is used. Cars used primarily for pleasure use get more affordable rates compared to those used for work or business. Double check that your auto insurance declarations sheet is showing the correct usage for each vehicle. If your policy improperly rates your Monte Carlo can cost quite a bit.
  • Extra add-on coverages are wasting money – There are many extra coverages that you can buy if you aren’t careful. Insurance for roadside assistance, towing coverage and term life insurance are some examples. These may sound like a good investment at first, but if they’re wasting money eliminate the coverages to reduce your premium.

A little work can save a LOT of money

Insureds who switch companies do it for a variety of reasons including delays in paying claims, lack of trust in their agent, high rates after DUI convictions and poor customer service. Regardless of your reason for switching companies, switching auto insurance companies is not as hard as you think.

We just covered a lot of information how to get a better price on Chevy Monte Carlo insurance. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. Consumers could even find that the lowest priced auto insurance comes from some of the lesser-known companies.

Cheap Chevy Monte Carlo insurance can be purchased from both online companies as well as from independent agents, and you need to price shop both so you have a total pricing picture. Some auto insurance companies don’t offer online price quotes and these regional insurance providers work with independent agents.