Find Cheaper Chevy Impala Insurance in Colorado Springs

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Insurance quote for Chevy Impala in Colorado SpringsConfused by the sheer number of insurance providers in Colorado Springs? Colorado vehicle owners have so many options that it can really be hard work to find better insurance rates for Chevy Impala insurance in Colorado Springs. Everyone knows that Colorado Springs is a great place to live, but budgeting for expensive insurance makes it difficult to buy proper levels of coverage.

How to find more affordable Chevy Impala insurance in Colorado Springs

The recommended way to get discount Chevy Impala insurance in Colorado Springs is to annually compare prices from different companies who provide car insurance in Colorado. This can be done by following these guidelines.

  1. Learn about how insurance works and the factors you can control to keep rates down. Many rating factors that result in higher prices such as your driving record and a negative credit score can be eliminated by improving your driving habits or financial responsibility.
  2. Compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like Progressive or State Farm, while independent agencies can provide rate quotes from multiple companies.
  3. Compare the new quotes to your current policy premium to see if cheaper Impala coverage is available. If you find a lower rate and buy the policy, make sure there is no coverage gap between policies.
  4. Tell your current company to cancel the current policy. Submit a down payment along with a completed application to the new company. When you receive it, store the proof of insurance certificate somewhere easily accessible.

A good tip to remember is to make sure you're comparing identical limits and deductibles on each quote and and to get price quotes from as many different companies as possible. This ensures the most accurate price comparison and a complete price analysis.

It's an obvious assumption that auto insurance companies don't want their policyholders to compare prices. Insureds who get price quotes annually will, in all likelihood, switch companies because they stand a good chance of finding a cheaper policy. Remarkably, a study showed that people who shopped around saved an average of $850 each year as compared to drivers who never shopped around for lower prices.

If finding budget-friendly rates on car insurance in Colorado Springs is your goal, then having some knowledge of how to get free comparison quotes and analyze coverages can make shopping around easier.

It's a good habit to take a look at other company's rates occasionally since insurance prices are constantly changing. Even if you think you had the best rates on Chevy Impala insurance in Colorado Springs a couple years back you can probably find a lower rate today. Block out anything you think you know about insurance because you're going to learn the quickest way to find better rates and still maintain coverage.

Cheapest car insurance in Colorado Springs, CO

The car insurance companies shown below have been selected to offer free quotes in Colorado Springs, CO. To find cheaper auto insurance in Colorado Springs, CO, it's a good idea that you visit two to three different companies in order to get a fair rate comparison.

Coverage analysis

The coverage information shown next outlines different insurance coverage prices for Chevy Impala models. Being more informed about how rates are figured can aid in making decisions on the best policy coverages.

Chevrolet Impala Insurance Rates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Impala LS $182 $380 $330 $20 $98 $1,010 $84
Impala LS $182 $380 $330 $20 $98 $1,010 $84
Impala LT $208 $380 $330 $20 $98 $1,036 $86
Impala LT $208 $380 $330 $20 $98 $1,036 $86
Impala LTZ $208 $448 $330 $20 $98 $1,104 $92
Impala LTZ $208 $448 $330 $20 $98 $1,104 $92
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Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Price estimates do not factor in vehicle location which can lower or raise coverage prices noticeably.

Where to set your deductibles

When buying insurance, a common question is which deductible level should you buy. The rates below can help show the differences in price when you select higher and lower coverage deductibles. The first rate comparisons uses a $250 physical damage coverage deductible and the second price table uses a $500 deductible.

Chevrolet Impala insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Impala LS $236 $458 $352 $20 $106 $1,197 $100
Impala LS $236 $458 $352 $20 $106 $1,197 $100
Impala LT $272 $458 $352 $20 $106 $1,233 $103
Impala LT $272 $458 $352 $20 $106 $1,233 $103
Impala LTZ $272 $538 $352 $20 $106 $1,313 $109
Impala LTZ $272 $538 $352 $20 $106 $1,313 $109
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Chevrolet Impala insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Impala LS $192 $368 $352 $20 $106 $1,038 $87
Impala LS $192 $368 $352 $20 $106 $1,038 $87
Impala LT $220 $368 $352 $20 $106 $1,066 $89
Impala LT $220 $368 $352 $20 $106 $1,066 $89
Impala LTZ $220 $434 $352 $20 $106 $1,132 $94
Impala LTZ $220 $434 $352 $20 $106 $1,132 $94
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Prices do not factor in your specific Colorado Springs location which can change premium rates considerably.

Using the premium rates above, we can conclude that using a $250 deductible will cost you roughly $14 more each month or $168 every year than quoting the higher $500 deductible. Due to the fact that you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally go at a minimum 18 months between claims, you would save more money if you choose the higher deductible.

Age, gender, and Chevrolet Impala insurance

The information below shows the comparison of Chevy Impala premium costs for male and female drivers. The costs are based on no claims or violations, full physical damage coverage, $500 deductibles, marital status is single, and no other discounts are factored in.

How do Insurance Providers Determine Chevy Impala Insurance Premiums?

Many things are part of the calculation when you get a price on insurance. Some factors are common sense such as your driving history, although others are more transparent such as your credit history or how safe your car is.

  • Poor credit decisions can cost you - Credit score will be a significant factor in your rate calculation. So if your credit score could use some work, you could pay less to insure your Chevrolet Impala by taking the time to improve your credit score. Drivers with high credit ratings tend to be better risks to insure as compared to drivers with worse credit.
  • Is your car built for speed? - The type of car you are buying insurance for makes a substantial difference in your premium level. Economy passenger models receive the most favorable rates, but that's not the only thing that factors into the final price.

    The next chart is based on a single male driver age 50, full coverage with $1000 deductibles, and no discounts or violations. It shows Chevrolet Impala policy rates compared to other models that have a range of performances.

  • Rates increase with driving citations - Being a careful driver impacts premiums far more than you think. Careful drivers receive lower rates than people who have multiple driving citations. Only having one driving citation can bump up the cost by twenty percent. People who have dangerous violations such as DUI or reckless driving might be required by their state to file a SR-22 with their state motor vehicle department in order to drive a vehicle legally.

    The example below demonstrates how speeding tickets and at-fault collisions increase Chevy Impala yearly insurance costs for each age group. The premiums are based on a married male driver, comp and collision included, $1,000 deductibles, and no policy discounts are applied.

  • Do you have enough liability? - Liability coverage kicks in in the event that you are ruled to be at fault for causing personal injury or damage in an accident. It will provide for a legal defense to defend your case. Liability insurance is quite affordable when compared to the cost of physical damage coverage, so do not cut corners here.
  • Loss statistics for a Chevy Impala - Companies analyze historical claim data in order to profitably underwrite each model. Models that the data shows to have higher prevalence or dollar amount of losses will have higher premium rates.

    The data below shows the loss history for Chevy Impala vehicles. For each policy coverage type, the claim amount for all vehicles, regardless of make or model, is equal to 100. Numbers below 100 indicate better than average losses, while numbers above 100 indicate a higher chance of having a claim or tendency to have higher losses.

    Insurance Loss Ratings for Chevrolet Impala Vehicles
    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

Lower your insurance rates with discounts

Some companies don't always list the entire discount list very well, so we break down a few of the more well known as well as some of the hidden credits available to bring down your rates.Discount insurance

  • Passive Restraints and Air Bags - Vehicles equipped with air bags or automatic seat belts can get savings of up to 25% or more.
  • Good Students Pay Less - This discount may save as much as 25% on a Colorado Springs auto insurance quote. Earning this discount can benefit you up until you turn 25.
  • Professional Organizations - Having an affiliation with qualifying employment or professional organizations is a good way to get lower rates on insurance.
  • Safety Restraint Discount - Drivers who always wear seat belts and also require passengers to buckle their seat belts can save a little on the premium charged for medical payments and/or PIP.
  • Student Discount for Driver Training - Cut your cost by having your teen driver participate in a local driver's education class if offered at their school.
  • Discounts for Federal Employees - Simply working for the federal government could provide a small rate reduction depending on your company.
  • Cautious Drivers - Accident-free drivers can get discounts for up to 45% lower rates compared to accident prone drivers.
  • Mature Driver Discount - Drivers that qualify as senior citizens could receive a small decrease in premiums.
  • ABS Brakes - Cars that have steering control and anti-lock brakes are safer to drive and earn discounts up to 10%.
  • Multi-policy Discount - If you can bundle your auto and homeowners insurance and insure them with the same company you could save up to 20% off your total Impala insurance premium.

As a sidenote, some of the credits will not apply to your bottom line cost. Most only cut the cost of specific coverages such as liability, collision or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, that's just not realistic.

The chart below illustrates the comparison of Chevy Impala yearly insurance costs with and without discounts applied to the rates. The data is based on a female driver, no claims or violations, Colorado state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, multi-car, multi-policy, and claim-free discounts applied.

To locate insurance companies that offer multiple discounts in Colorado Springs, click this link.

When to have guidance from an agent

Many people still like to have an agent's advice and that is not a bad decision One of the great benefits of getting free rate quotes online is that drivers can save money and get the lowest rates and still buy from a local agent. And buying from neighborhood agents is important especially in Colorado Springs.

Find insurance agent in Colorado SpringsOnce you complete this short form, your information is transmitted to local insurance agents who will give you quotes for your car insurance coverage. You won't even need to visit any agencies because quoted prices will be sent to you instantly. Get lower rates without the usual hassles of price shopping. In the event you want to get a comparison quote from a specific car insurance provider, you can always search and find their rate quote page and submit a quote form there.

If you need to find a reliable insurance agency, it's helpful to know the types of agencies and how they function. Car insurance policy providers can either be exclusive or independent.

Independent Agents (or Brokers)

Independent agents are not locked into one company and that enables them to quote your coverage through lots of different companies and find the cheapest car insurance rates. To move your coverage to a new company, your policy is moved internally and the insured can keep the same agent. If you are comparing car insurance prices, we highly recommend that you get quotes from a few independent agents for the best price selection. Many independent agencies also insure through companies that do not advertise much which could offer lower prices.

Shown below are independent insurance agencies in Colorado Springs who may be able to give you free rate quotes.

View more Colorado Springs agents

Exclusive Car Insurance Agencies

These agents can only provide pricing for a single company such as Allstate, Farmers Insurance or State Farm. These agents are unable to compare other company's rates so they have no alternatives for high prices. Exclusive agencies receive extensive training on the products they sell which helps overcome the inability to quote other rates. Some people will only use the same agent primarily because of the brand name rather than having the cheapest rates.

The following is a list of exclusive agencies in Colorado Springs who can help you get rate quotes.

View more Colorado Springs agents

Finding the right insurance agent is decision based upon more than just a cheap price quote. These are some questions your agent should answer.

  • How will an accident affect your rates?
  • Do they get paid more for recommending certain coverages?
  • Is vehicle damage repaired with OEM or aftermarket parts?
  • Do they carry Errors and Omissions coverage?
  • How many years of experience in personal auto insurance do they have?
  • Does the agency provide any after hours assistance?
  • Do they offer rental car reimbursement?

What is the best insurance coverage?

When quoting and choosing the best insurance coverage, there isn't really a cookie cutter policy. Your needs are not the same as everyone else's.Insurance savings

For instance, these questions might point out whether you would benefit from an agent's advice.

  • Who does medical payments coverage extend to?
  • Is my custom paint covered by insurance?
  • What is UM/UIM insurance?
  • Does my policy cover my teen driver if they drive my company car?
  • Are my tools covered if they get stolen from my vehicle?
  • What policy terms are available?
  • How many claims can I have before being canceled?
  • When should my teen driver be added to my policy?

If you can't answer these questions, you may need to chat with an insurance agent. If you don't have a local agent, simply complete this short form.

Don't give up on cheaper rates

Some companies may not offer rates over the internet and most of the time these small insurance companies only sell through independent agencies. Cheap Chevy Impala insurance in Colorado Springs can be found on the web as well as from insurance agents, and you should compare rates from both so you have a total pricing picture.

Insureds leave their current company for any number of reasons including not issuing a premium refund, policy non-renewal, high prices and policy cancellation. No matter why you want to switch, choosing a new company is less work than it seems.

As you quote Colorado Springs auto insurance, you should never sacrifice coverage to reduce premiums. There are many occasions where someone sacrificed collision coverage only to regret that the few dollars in savings costed them thousands. The goal is to buy enough coverage at the best price but still have enough coverage for asset protection.

Steps to quoting cheaper Chevy Impala insurance in Colorado Springs

If you want to save the most money, the best way to find affordable quotes for Chevy Impala insurance in Colorado Springs is to make a habit of regularly comparing prices from insurance carriers in Colorado.

  1. Get an understanding of how insurance companies determine prices and the measures you can take to prevent rate increases. Many rating criteria that increase rates such as your driving record and a negative credit rating can be controlled by improving your driving habits or financial responsibility.
  2. Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from a single company like GEICO or Allstate, while agents who are independent can provide rate quotes for many different companies.
  3. Compare the price quotes to your existing policy and see if there is a cheaper rate in Colorado Springs. If you find a lower rate and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
  4. Tell your current company to cancel your current car insurance policy. Submit a down payment along with a completed application for your new policy. Once coverage is bound, keep your new proof of insurance paperwork in your vehicle.

One key aspect when comparing rates is to use identical coverages on each quote request and and to analyze all possible companies. Doing this enables an accurate price comparison and a good representation of prices.

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