Compare 2007 Chevrolet Monte Carlo Insurance Rates

Want lower insurance rates for your Chevrolet Monte Carlo? Perplexed by the number of insurance options? You have a lot of company. People have so many options that it can be a big hassle to find lower rates.

Free Quotes for Insurance

When shopping for insurance there are multiple ways to compare rate quotes from different insurance companies. The easiest way by far to compare 2007 Chevy Monte Carlo insurance prices consists of obtaining rate quotes online. It is quite easy and can be accomplished in several different ways.

  1. The first (and easiest) way to find the lowest comparison rates is a comparison rater form click to view form in new window. This type of form eliminates the need for separate quotes for every insurance company. One quote request gets rate comparisons from several companies. It’s definitely the quickest method.
  2. A more difficult way to get comparison quotes requires a trip to each individual company website to complete their respective quote request forms. For example, we’ll pretend you want to compare Auto-Owners, Liberty Mutual and Geico. To get each rate you have to go to every website and enter your policy data, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.
  3. The hardest way to get comparison rates is to waste gas driving to insurance agents’ offices. Shopping for insurance online has reduced the need for local agents unless you prefer the professional advice of a licensed agent. However, consumers can comparison shop your insurance online and get advice from an agent in your area and we’ll touch on that later.

Whichever way you use, compare apples-to-apples coverages with each company. If you compare different liability limits then you won’t be able to determine the lowest rate for your Chevy Monte Carlo. Having just a slight variation in limits can result in a big premium difference. And when quoting insurance, remember that comparing a large number of companies will enable you to find lower pricing.

Buyer beware of auto insurance advertising tricks

Allstate and Progressive constantly bombard you with television and radio advertisements. All the companies make the same claim that you can save if you switch to them. How does each company claim to save you money? It’s all in the numbers.

Insurance companies are able to cherry pick for the type of driver that earns them a profit. An example of a driver they prefer might be between the ages of 30 and 50, a clean driving record, and has great credit. A propective insured who meets those qualifications receives the best rates and is almost guaranteed to cut their rates substantially.

Drivers who don’t meet this ideal profile must pay higher premiums and ends up with the customer not buying. Company advertisements say “people who switch” not “people who quote” save that kind of money. That’s the way companies can advertise the way they do.

This illustrates why you should quote coverage with many companies. You cannot predict the company that will fit your personal profile best.

You probably qualify for some discounts

Insurance can be prohibitively expensive, but you can get discounts to reduce the price significantly. Certain discounts will be triggered automatically at the time of purchase, but a few must be inquired about before you get the savings.

  • Payment Method – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
  • Save over 55 – If you qualify as a senior citizen, you may be able to get reduced rates for Monte Carlo coverage.
  • Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
  • Discount for Swiching Early – Some companies give discounts for switching policies prior to your current policy expiring. The savings is around 10%.
  • Homeowners Pay Less – Simply owning a home can help you save on insurance because maintaining a house shows financial diligence.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to use a seat belt can save 10% or more on the medical payments or PIP coverage costs.
  • Organization Discounts – Affiliation with certain professional organizations could qualify you for a break on your policy for Monte Carlo coverage.
  • Auto/Home Discount – When you combine your home and auto insurance with one insurance company you could get a discount of 10% to 20% off each policy.

A little note about advertised discounts, many deductions do not apply to the overall cost of the policy. Some only apply to specific coverage prices like medical payments or collision. Just because it seems like adding up those discounts means a free policy, you’re out of luck. Any amount of discount will reduce the cost of coverage.

To see a list of providers with discount insurance rates, follow this link.

There’s no such thing as the perfect policy

When buying proper insurance coverage for your vehicles, there is no perfect coverage plan. Every situation is different.

These are some specific questions may help you determine if you might need professional guidance.

  • Should I buy only the required minimum liability coverage?
  • Do I have any recourse if my insurance company denies a claim?
  • Can my teen driver be rated on a liability-only vehicle?
  • Is a blown tire covered by insurance?
  • Can I rent a car in Mexico?
  • Am I covered if hit by an uninsured driver?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Does my personal policy cover me when driving out-of-state?
  • Am I insured when driving a different vehicle?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form.

Insurance coverage considerations

Having a good grasp of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for expenses like dental work, EMT expenses, pain medications and surgery. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Collision coverage protection

This coverage covers damage to your Monte Carlo resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as hitting a mailbox, rolling your car, crashing into a building, driving through your garage door and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Auto liability

This coverage protects you from damage that occurs to other’s property or people. This coverage protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like legal defense fees, funeral expenses and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like damage from getting keyed, damage from flooding, hitting a deer and hitting a bird. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

This gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Chevy Monte Carlo.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Frequently these coverages are set the same as your liablity limits.

Save your hard earned cash

We just showed you a lot of tips how to get a better price on 2007 Chevy Monte Carlo insurance. It’s most important to understand that the more price quotes you have, the higher your chance of finding lower rates. You may even find the lowest priced insurance coverage comes from a lesser-known regional company.

People leave their current company for many reasons like high rates after DUI convictions, being labeled a high risk driver, not issuing a premium refund and denial of a claim. It doesn’t matter what your reason, choosing a new insurance company is not as hard as you think.

As you restructure your insurance plan, it’s a bad idea to sacrifice coverage to reduce premiums. In many instances, drivers have reduced comprehensive coverage or liability limits only to find out that the small savings ended up costing them much more. Your goal should be to purchase plenty of coverage at the best price.

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