How to Save on Chevy Impala Insurance in Baltimore

I can’t think of a single person who looks forward to paying for insurance, especially when it costs too dang much.

It’s easy to assume that insurance companies don’t want you to compare rates. Drivers who shop around for a cheaper policy are very likely to switch insurance companies because there is a high probability of finding discount prices. A recent insurance study revealed that drivers who compared price quotes annually saved as much as $70 a month compared to drivers who never shopped around for cheaper prices.

If finding the cheapest price on Chevy Impala insurance in Baltimore is your objective, then having a good understanding how to get free comparison quotes and analyze insurance can save time and money. Insurance companies such as GEICO and Progressive all claim big savings, bombarding you with ad campaigns and it is challenging if not impossible to see past the corporate glitz and effectively compare rates to find the best deal.

It is always a good idea to get comparison quotes yearly because rates are constantly changing. Just because you had the lowest rate on Chevy Impala insurance in Baltimore a few years ago a different company probably has better prices today. You can find a lot of misleading information regarding Impala insurance out there, but in this article, you’re going to get some of the best ways to lower your insurance bill.

If you are insured now or are looking for a new policy, use these techniques to lower your rates and still have adequate protection. Choosing the most cost-effective car insurance policy in Baltimore is actually very simple if you learn how to start. Drivers just have to understand the proper way to shop for car insurance over the internet.

Cheap auto insurance in Baltimore, MD

The providers in the list below are ready to provide free rate quotes in Baltimore, MD. To locate cheap car insurance in MD, we recommend you visit two to three different companies to find the most affordable auto insurance rates.

Premium rates and analysis

The coverage information shown below outlines estimates of insurance costs for Chevy Impala models. Having insight into how insurance quotes are formulated can help guide drivers when making smart policy decisions.

Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Rate information does not factor in specific Baltimore garaging location which can alter prices considerably.

Policy deductibles

A question often asked by Baltimore drivers is the level to set your comp and collision deductibles. The premium rates below lay out the cost difference when you select higher and lower policy deductibles. The first rate table uses a $250 deductible and the second set of prices uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Premium costs do not factor in specific zip code location which can raise or lower premiums greatly.

Based on this data, we can arrive at the conclusion that using a $250 deductible would cost the average driver about $29 more each month or $348 for a full year averaged for all Impala models than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have more than 26 months between claim filings, you would save money if you decide on a higher deductible. The table below shows a better example of how you can make this decision for your own policy.

One important caveat is that raising deductibles to get cheaper rates means you pay more out-of-pocket at claim time. You must have enough disposable income in the event you have to pay the deductible for vehicle repair.

The illustration below demonstrates how deductible levels and can change Chevy Impala yearly insurance costs for different categories of driver ages. The costs are based on a married female driver, comprehensive and collision coverage, and no discounts are factored in.

Gender-based insurance premiums

The example below shows the difference between Chevy Impala premium costs for male and female drivers. The data assumes no driving violations, no at-fault accidents, comprehensive and collision coverage, $100 deductibles, single marital status, and no discounts are applied to the premium.

Don’t overlook these Chevy Impala insurance discounts

Properly insuring your vehicles can get expensive, but you might be missing out on some discounts that could drop your premiums quite a bit. Certain discounts will be triggered automatically when you quote, but some must be manually applied prior to getting the savings.

• Military Rewards – Having a family member in the military could trigger a small discount.
• Save over 55 – Older drivers could receive reduced rates.
• Online Discount – A handful of car insurance companies will give you a small discount get Baltimore auto insurance over the internet.
• No Charge for an Accident – Not necessarily a discount, but companies like Progressive and Allstate permit an accident without getting socked with a rate hike if your claims history is clear prior to being involved in the accident.
• Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and will qualify for a discount on a Baltimore auto insurance quote.
• Telematics Data Discounts – Insureds that choose to allow data collection to spy on when and where they use their vehicle by using a telematics device in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive may see discounts if they have good driving habits.
• Safety Restraint Discount – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% off the PIP or medical payment premium.

A little disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it appears having all the discounts means you get insurance for free, it’s just not the way it works.

The example below visualizes the comparison of Chevy Impala car insurance costs with and without discounts being applied to the rates. The rates are based on a female driver, no accidents or driving violations, Maryland state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, multi-car, marriage, safe-driver, and multi-policy discounts applied.

Auto insurance companies that possibly offer these benefits include:

• Farm Bureau
• State Farm
• Progressive
• Allstate
• Nationwide
• MetLife

Check with each company which credits you are entitled to. All car insurance discounts might not be available to policyholders in your state. To find providers that offer some of these discounts in Baltimore, click this link.

Get More Affordable Insurance Rates by Understanding These Factors

Lots of factors are part of the equation when pricing auto insurance. Most are fairly basic such as traffic violations, although others are more obscure such as whether you are married or your vehicle rating. It’s important that you understand some of the factors that go into determining insurance rates. When consumers understand what determines base rates, this allows you to make good choices that may reward you with lower rates.

The factors shown below are a few of the things used by insurance companies to determine your rate level.

File insurance claims and pay more – Companies in Maryland provide most affordable rates to drivers who do not file claims often. If you are a frequent claim filer, you can look forward to higher premiums or even policy non-renewal. Your car insurance is meant to be used in the event of more catastrophic claims.

Costs impacted by your city – Being located in small towns and rural areas can save you money when insuring your vehicles. Less people means reduced accidents and also fewer theft and vandalism claims. Drivers who live in large Maryland cities have more auto accidents and higher rates of accident claims. More time on the road can result in more accidents.

Pay more for higher performance vehicles – The type of car or truck you are trying to find cheaper insurance for makes a substantial difference in your auto insurance rates. The most favorable rates are usually found on economy passenger cars, but your final cost has many other factors.

The next chart uses these variables: single male driver age 30, full coverage with $1000 deductibles, and no discounts or violations. The data compares Chevrolet Impala policy rates compared to other vehicles that have a range of performances.

Annual mileage and car insurance prices – Driving more miles in a year the more you’ll pay to insure your vehicle. Most companies charge rates based upon how the vehicle is primarily used. Cars not used for work or commuting receive better premium rates compared to those used for work or business. A policy that improperly rates your Impala is throwing money out the window. It’s always a good idea to double check that your insurance policy reflects the right rating data.

No policy lapses lowers prices – Not having insurance is against the law and your next policy will cost more because you let your coverage lapse. In addition to paying higher premiums, the inability to provide proof of insurance can result in a fine, jail time, or a revoked license.

Add-on coverages can cost a lot – There are many extra bells and whistles you can purchase if you aren’t careful. Insurance for replacement cost coverage, towing, and extra equipment coverage are some examples. These may sound like a good investment initially, but if you’ve never needed them in the past get rid of them and save.

Lower premiums for vehicles with better crash test results – Cars with five star safety ratings tend to have better insurance rates. Safe vehicles have better occupant injury protection and fewer injuries means less claims paid and lower rates for you. If your Chevy Impala has at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may pay a lower rate.

Chevy Impala claim probability – Companies use statistical claims data when setting premium costs. Models that historically have increased claim numbers or amounts will have a higher premium rate. The information below illustrates the insurance loss data used by companies for Chevy Impala vehicles.

For each policy coverage, the claim probability for all vehicles, regardless of make, model or trim level, is considered to be 100. Numbers shown that are under 100 are indicative of better than average losses, while values over 100 indicate more frequent losses or tendency to have larger claims.

Compare prices but still have a local Baltimore insurance agent

Many people prefer to buy from a local agent. Licensed agents can point out coverage gaps and give you someone to call. One of the benefits of getting online price quotes is you may find cheaper car insurance rates but also keep your business local. Putting coverage with local agencies is definitely important in Baltimore.

To make it easy to find an agent, after completing this simple form, the coverage information is transmitted to participating agents in Baltimore who will give you bids and help you find cheaper coverage. It’s much easier because you don’t need to do any legwork because prices are sent to your email. If you have a need to get a price quote from one company in particular, don’t hesitate to search and find their rate quote page and give them your coverage information.

If you are wanting to purchase insurance from a reliable insurance agency, it can be helpful to understand the types of insurance agents and how they work. Insurance agencies in Baltimore are classified as either exclusive or independent agents depending on their company appointments. Either one can write policy coverage, but it’s worth learning the difference in the companies they write for because it can factor into which agent you choose.

Independent Insurance Agencies

Agents that choose to be independent are appointed with more than one company and that gives them the ability to insure with a variety of different insurance companies and find the cheapest rate. If your premiums go up, they simply move your policy to a different company and you can keep the same agent. If you need lower rates, you will want to include price quotes from at a minimum one independent agency to maximize your price options.

The following are Baltimore independent insurance agents who may provide price quote information.

More Baltimore agents

Exclusive Insurance Agencies

Exclusive insurance agents normally can only provide a single company’s rates and some examples include Farmers Insurance, Allstate, or State Farm. These agents are unable to compare rates from other companies so they have no alternatives for high prices. Exclusive agencies receive a lot of sales training on the products they sell which helps them compete with independent agents.

The following are exclusive insurance agencies in Baltimore who can help you get comparison quotes.

More Baltimore agents

Choosing an car insurance agent requires you to look at more than just a cheap price. The questions below may impact your decision as well.

• By raising physical damage deductibles, how much would you save?
• Does the agent recommend any additional coverage?
• How are they compensated?
• Are there any discounts that you might be missing?
• Can they give you a list of client referrals?
• Which companies can they place coverage with?
• Does the agency support the community they serve?
• Do they have a Better Business Bureau rating in Baltimore?

After getting positive feedback to your questions as well as a price you’re happy with, it’s a good possibility that you have found an insurance agency that will service your policy. But keep in mind once you purchase a policy you can cancel coverage any time you want so never feel that you are permanently stuck with any specific company with no way out.

Frequent quotes can save

The cheapest Chevy Impala insurance in Baltimore is attainable on the web and with local Baltimore insurance agents, and you should be comparing both in order to have the best price selection to choose from. A few companies may not provide the ability to get a quote online and many times these regional carriers only sell coverage through independent agents.

When buying insurance coverage, never buy poor coverage just to save money. There are too many instances where drivers have reduced physical damage coverage and discovered at claim time that it was a big error on their part. The proper strategy is to find the BEST coverage for the lowest price, but do not sacrifice coverage to save money.

Steps to saving money on Chevy Impala insurance in Baltimore

The recommended way to get discount car insurance rates is to do an annual price comparison from different companies that sell auto insurance in Baltimore.

1. Spend a few minutes and learn about how companies price auto insurance and the factors you can control to prevent high rates. Many rating criteria that are responsible for high rates such as at-fault accidents, careless driving, and a negative credit score can be remedied by improving your driving habits or financial responsibility.
2. Request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like Progressive or Allstate, while agents who are independent can provide prices for many different companies.
3. Compare the quotes to the price on your current policy to see if switching to a new carrier will save money. If you find better rates and change companies, make sure coverage does not lapse between policies.
4. Provide notification to your current company of your intention to cancel your current car insurance policy and submit a down payment along with a signed application to the new company. Be sure to store the proof of insurance certificate in your vehicle’s glove compartment or console.

A good tip to remember is to try to compare identical coverage information on every quote and and to get rate quotes from as many different insurance providers as possible. Doing this ensures a fair rate comparison and a complete price analysis.

Even more information can be found at these sites:

• Bodily Injury Coverage (Liberty Mutual)
• What Auto Insurance is Cheapest for a Chevrolet Equinox in Baltimore? (FAQ)
• What Car Insurance is Cheapest for Safe Drivers in Baltimore? (FAQ)
• Who Has Cheap Baltimore Car Insurance Rates for Teenage Females? (FAQ)
• What Car Insurance is Cheapest for High School Students in Baltimore? (FAQ)
• Neck Injury FAQ (iihs.org)
• Electronic Stability Control FAQ (iihs.org)
• Cellphones, Texting and Driving (iihs.org)