How to Compare Plano Chevy Impala Insurance

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Have you had enough of scraping nickels together each month for car insurance? You are no different than many other Texas drivers.

Insurance for Chevy ImpalaIt's a fact that car insurance companies want to keep your business as long as possible. Insureds who compare price quotes will, in all likelihood, buy a different policy because of the good chance of finding lower prices. A recent car insurance study discovered that drivers who compared rates annually saved an average of $70 a month compared to those who never shopped for cheaper rates.

If finding the lowest rates on auto insurance is your goal, then learning a little about how to find and compare insurance premiums can make it easier to find better rates.

Due to the large number of companies and agents to choose from, it's nearly impossible to locate the most affordable company.

Smart consumers take time to get comparison quotes before your next renewal since insurance prices go up and down regularly. If you had the best deal on Chevy Impala insurance in Plano at your last renewal the chances are good that you can find a lower premium rate today. Block out anything you think you know about car insurance because you're about to learn the only way to reduce your cost while increasing coverage.

Best companies for Chevy Impala insurance

The car insurance companies shown below have been selected to offer comparison quotes in Texas. If your goal is to find cheaper car insurance in Plano, it's highly recommended you get rates from several of them to get the most affordable price.

Rates and statistics

The coverage information displayed next highlights estimates of insurance coverage prices for Chevy Impala models. Understanding more about how insurance premiums are calculated can be useful when making smart choices when choosing a car insurance company.

Chevrolet Impala Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Impala LS $180 $312 $500 $30 $150 $1,172 $98
Impala LS $180 $312 $500 $30 $150 $1,172 $98
Impala LT $208 $312 $500 $30 $150 $1,200 $100
Impala LT $208 $312 $500 $30 $150 $1,200 $100
Impala LTZ $208 $368 $500 $30 $150 $1,256 $105
Impala LTZ $208 $368 $500 $30 $150 $1,256 $105
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Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Table data does not factor in Plano location which can decrease or increase coverage prices greatly.

Deductible comparison

One common question asked by Plano drivers is which deductibles should you choose. The following insurance rates can help illustrate the rate difference when you select higher and lower physical damage deductibles. The first pricing table uses a $100 physical damage deductible and the second pricing table uses a $500 deductible.

Chevrolet Impala insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Impala LS $286 $592 $382 $22 $114 $1,421 $118
Impala LS $286 $592 $382 $22 $114 $1,421 $118
Impala LT $328 $592 $382 $22 $114 $1,463 $122
Impala LT $328 $592 $382 $22 $114 $1,463 $122
Impala LTZ $328 $698 $382 $22 $114 $1,569 $131
Impala LTZ $328 $698 $382 $22 $114 $1,569 $131
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Chevrolet Impala insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Impala LS $208 $400 $382 $22 $114 $1,126 $94
Impala LS $208 $400 $382 $22 $114 $1,126 $94
Impala LT $240 $400 $382 $22 $114 $1,158 $97
Impala LT $240 $400 $382 $22 $114 $1,158 $97
Impala LTZ $240 $472 $382 $22 $114 $1,230 $103
Impala LTZ $240 $472 $382 $22 $114 $1,230 $103
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Information does not factor in specific zip code location which can raise or lower auto insurance rates noticeably.

Based on the figures above, using a $100 deductible costs roughly $26 more each month or $312 a year than buying the higher $500 deductible. Because you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you have at a minimum 15 months between claims, you would probably be better off if you choose the higher deductible.

The chart below demonstrates how deductible levels and can influence Chevy Impala premium costs for different ages of insureds. The premium estimates are based on a married male driver, full coverage, and no additional discounts are factored in.

How accidents and tickets impact rates in Plano

The illustration below highlights how speeding tickets and at-fault fender-benders can raise Chevy Impala car insurance costs for different categories of driver ages. The premiums are based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are applied.

Components of Your Chevy Impala Insurance Prices

Many different elements are considered when quoting car insurance. Most are fairly basic like your driving record, although some other factors are more obscure like your continuous coverage or how financially stable you are.

  • Premiums impacted by vehicle usage - The more miles you rack up on your Chevy each year the more you'll pay to insure your vehicle. The majority of insurers calculate rates partially by how you use the vehicle. Vehicles left parked in the garage qualify for better rates than cars that get driven a lot. An improperly rated Impala may be wasting your money. Make sure your vehicle rating is showing the proper vehicle usage.
  • Men are more aggressive - Statistics show females are less aggressive when driving. It does not mean females are better drivers. Males and females are in auto accidents at about the same rate, but the men cause more damage and cost insurance companies more money. In addition to higher claims, males also receive more major tickets such as reckless driving.

    The chart below shows the difference between Chevy Impala insurance premiums for male and female drivers. The rate quotes are based on no claims or driving citations, comp and collision included, $250 deductibles, drivers are single, and no discounts are applied to the premium.

  • Where you reside can impact premiums - Having an address in areas with lower population is a positive aspect when trying to find low car insurance rates. Urban drivers have to deal with more traffic problems and much longer commute distances. Less people living in that area means a lower chance of having an accident in addition to lower liability claims.
  • Insurance companies don't like frequent claims - Insurance companies in Texas award lower rates to policyholders that do not abuse their auto insurance. If you are a frequent claim filer, you can look forward to higher rates. Insurance coverage is intended for the large, substantial claims.
  • Better prices with anti-theft devices - Purchasing a vehicle with a theft deterrent system can help bring down rates. Theft deterrent systems like OnStar, LoJack tracking, and tamper alarms help track and prevent car theft and help bring rates down.
  • Liability protection limits are a factor - The liability section of your policy will protect you if ever you are found to be at fault for personal injury or accident damage. It provides legal defense coverage to attempt to prove you were not liable. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
  • Excellent credit scores equal low prices - Having a good credit score is a big factor in your rate calculation. Drivers who have good credit tend to be less risk to insure as compared to drivers with bad credit. So if your credit rating can use some improvement, you could pay less to insure your Chevrolet Impala by improving your rating.
  • Older drivers pay less - Young drivers in Texas have a tendency to be inattentive and easily distracted when behind the wheel so they pay higher car insurance rates. Adding a beginning driver onto your car insurance can be very expensive. Mature drivers are shown to be more cautious, cost insurance companies less in claims, and receive fewer citations.

    The next chart is based on a single driver, full coverage with $1000 deductibles, and no discounts or violations.

  • Chevy Impala claim probability - Insurance companies use past loss statistics for each vehicle to determine a rate that will be profitable for them. Models that statistically have a trend towards higher claim severity or frequency will cost more for coverage. The table below demonstrates the compiled insurance loss statistics for Chevy Impala vehicles.

    For each coverage category, the claim amount for all vehicles, as a total average, is represented as 100. Values that are below 100 suggest a better than average loss history, while numbers above 100 show a trend for more claims or an increased chance of larger losses than average.

    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

These discounts can reduce Chevy Impala insurance rates

Companies offering auto insurance do not list all discounts in a way that's easy to find, so we took the time to find some of the more common and also the lesser-known discounts that you may qualify for. If you are not receiving all the discounts possible, you may be paying too high a price.Save money with discounts

  • Defensive Driver - Taking time to complete a defensive driver course could earn you a small percentage discount and make you a better driver.
  • Accident Forgiveness Coverage - Not a discount per se, but some companies like GEICO, State Farm, and Progressive will allow you to have one accident before hitting you with a surcharge if your claims history is clear for a specific time period.
  • Sign Early and Save - A few car insurance companies offer discounts for renewing your policy prior to your current Impala insurance policy expiring. It could save around 10% when you buy Plano auto insurance online.
  • Online Discount - Many car insurance companies give back up to $50 just for signing your application over the internet.
  • Pay Upfront and Save - By making one initial payment rather than spreading payments over time you may have a lower total premium amount.
  • Multiple Policy Discount - If you combine your auto and home policies and insure them with the same company they may give you a discount of 10% to 20% off each policy.
  • Multi-line Discount - Some car insurance companies give better premium rates if you take out a life policy as well.
  • Federal Government Employee - Being employed by or retired from a federal job could cut as much as 10% off depending on your car insurance provider.

Remember that many deductions do not apply to your bottom line cost. Most only cut specific coverage prices like liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, you're out of luck. But any discount will positively reduce your car insurance premiums.

The diagram below visualizes the comparison of Chevy Impala insurance prices with and without discounts. The data is based on a female driver, no claims or driving citations, Texas state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-car, multi-policy, claim-free, and marriage discounts applied.

To view companies with discount rates in Plano, click here.

Compare prices but buy from a neighborhood Plano auto insurance agent

Some consumers would prefer to talk to an insurance agent and doing so can bring peace of mind One of the best bonuses of getting online price quotes is that drivers can save money and get better rates but still work with a licensed agent. Buying from local insurance agents is important especially in Plano.

Insurance agents in PlanoOnce you complete this quick form, your information is submitted to local insurance agents who will return price quotes for your insurance coverage. There is no reason to search for an agent because quoted prices will be sent to you instantly. You can get cheaper car insurance rates and a licensed agent to talk to. If you need to get a price quote from a specific insurance company, don't hesitate to search and find their rate quote page and fill out their quote form.

Deciding on a insurance company requires more thought than just the price. The following questions are important to ask.

  • Where would glass claims be handled in Plano?
  • By raising physical damage deductibles, how much would you save?
  • How often do they review policy coverages?
  • Do they specialize in personal lines coverage in Plano?
  • Does the agency have a positive business rating?
  • Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
  • What insurance companies do they recommend if they are an independent agent?

If you feel you receive good answers to these questions as well as a affordable price, most likely you have located an insurer that meets the requirements to provide car insurance coverage.

Shop smart and save

Lower-priced Chevy Impala insurance in Plano is attainable from both online companies and also from your neighborhood Plano agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies don't offer rate quotes online and most of the time these regional insurance providers sell through independent agents.

When you buy Plano auto insurance online, it's not a good idea to buy poor coverage just to save money. In many instances, someone sacrificed physical damage coverage and learned later that the few dollars in savings costed them thousands. Your goal is to get the best coverage possible at an affordable rate but still have enough coverage for asset protection.

Steps to finding the cheapest rates for Chevy Impala insurance in Plano

The recommended way to get discount Chevy Impala insurance in Plano is to start comparing rates regularly from insurance carriers that insure vehicles in Texas.

Step 1: Gain an understanding of how insurance works and the modifications you can make to drop your rates. Many rating criteria that are responsible for high rates like speeding tickets, accidents and an imperfect credit history can be remedied by improving your driving habits or financial responsibility.

Step 2: Compare rates from direct, independent, and exclusive agents. Direct and exclusive agents can provide rates from one company like GEICO or State Farm, while agents who are independent can provide price quotes for a wide range of insurance providers. Select a company

Step 3: Compare the quotes to your current policy premium to determine if you can save on Impala insurance in Plano. If you find a lower rate quote and make a switch, ensure coverage does not lapse between policies.

The key thing to know about shopping around is that you'll want to make sure you compare identical deductibles and limits on every quote request and and to get price quotes from every insurance company. Doing this guarantees the most accurate price comparison and the best price selection.

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