Saving money on Chevy Impala insurance in Columbus is challenging for drivers new to comparing prices online. With so many options of insurers available, it can turn into a burden to lower your prices on Chevy Impala insurance.
It's an obvious statement that auto insurance companies don't want you to look at other companies. Consumers who shop around for cheaper rates are highly likely to move their business because the odds are good of finding coverage at a cheaper rate. Remarkably, a study showed that people who compared rate quotes regularly saved approximately $70 a month as compared to drivers who never shopped for cheaper rates.
If finding budget-friendly rates on auto insurance is your ultimate target, learning the best way to compare coverages can help simplify the task of finding more affordable coverage.
It's a good idea to compare premium rates on a regular basis due to the fact that insurance prices change quite often. Despite the fact that you may have had the lowest rate on Chevy Impala insurance in Columbus on your last policy you can probably find a lower rate today. Forget anything you know (or think you know) about auto insurance because we're going to show you how to quote online to remove unneeded coverages and save money.
Companies offering Chevy Impala insurance in Ohio
The companies shown below are our best choices to provide comparison quotes in Ohio. If multiple companies are listed, we recommend you visit several of them to find the most competitive car insurance rates.
Insurance statistics for a Chevy Impala
The information displayed next outlines different rate quotes for Chevy Impala models. Understanding how policy rates are figured can help guide drivers when making smart choices when buying a car insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Premium costs do not factor in specific location which can alter premiums substantially.
Chevrolet Impala annual premiums for males versus females
The example below illustrates the difference between Chevy Impala insurance premiums for male and female drivers. The data is based on no claims, a clean driving record, comp and collision included, $250 deductibles, drivers are single, and no discounts are factored in.
Full coverage versus liability-only
The diagram below shows the comparison of Chevy Impala yearly insurance costs with liability coverage only compared to full coverage. The premium estimates are based on no driving violations, no at-fault accidents, $100 deductibles, single status, and no discounts are applied.
When to drop comp and collision
There is no clear-cut formula of when to eliminate physical damage coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let's assume your Chevy Impala claim settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $5,000 after paying your policy deductible. If you are paying in excess of $500 annually for your policy with full coverage, then it's probably a good time to buy liability coverage only.
There are some conditions where dropping physical damage coverage is not financially feasible. If you haven't paid off your loan, you must maintain physical damage coverage in order to keep the loan. Also, if you don't have enough money to buy a different vehicle in case of an accident, you should keep full coverage.
Insurance discounts help lower rates for Chevy Impala insurance in Columbus
Some providers don't always advertise their entire list of discounts in a way that's easy to find, so the following is a list of some of the best known as well as some of the hidden credits available to you.
- Anti-theft Discount - Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems prevent vehicle theft so companies will give you a small discount.
- Service Members Pay Less - Having a deployed family member could be rewarded with lower premium rates.
- Accident-Free Discounts - Good drivers with no accidents have much lower rates in comparison to bad drivers.
- Drivers Ed for Students - Cut your cost by having your teen driver successfully take a driver's education course if offered at their school.
- Early Signing - A few insurance companies offer discounts for signing up prior to your current Impala insurance policy expiring. The savings is around 10%.
Drivers should understand that some of the credits will not apply to the whole policy. Some only reduce the cost of specific coverages such as collision or personal injury protection. Just because you may think you can get free auto insurance, companies don't profit that way.
The illustration below visualizes the comparison of Chevy Impala insurance premiums with and without discounts. The information is based on a male driver, no claims or driving violations, Ohio state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, claim-free, multi-car, multi-policy, and safe-driver discounts applied.
A few of the larger companies and some of the discounts can be found below.
- State Farm offers discounts for passive restraint, safe vehicle, Steer Clear safe driver discount, good student, defensive driving training, anti-theft, and multiple autos.
- American Family may include discounts for multi-vehicle, Steer into Savings, bundled insurance, early bird, air bags, and defensive driver.
- GEICO policyholders can earn discounts including federal employee, driver training, multi-vehicle, five-year accident-free, membership and employees, and defensive driver.
- 21st Century has savings for anti-lock brakes, automatic seat belts, good student, teen driver, and 55 and older.
- Progressive offers discounts including homeowner, online signing, multi-policy, continuous coverage, good student, online quote discount, and multi-vehicle.
If you need lower rates, check with every insurance company how you can save money. Some discounts may not apply to policies in Columbus. To choose insurers with discount rates in Ohio, click here.
Do I just need basic coverages?
When buying a policy, there really isn't a one-size-fits-all type of policy. Everyone's needs are different.
For example, these questions could help you determine whether or not you will benefit from professional help.
- Do I need replacement cost coverage on my Chevy Impala?
- Do I need replacement cost coverage?
- I don't drive much so do I pay less?
- How do I file an SR-22 for a DUI in Ohio?
- What happens if I owe more than my Chevy Impala is worth?
- How high should my uninsured/underinsured coverage be in Ohio?
- Are rock chip repairs covered?
- Should I put collision coverage on all my vehicles?
If you don't know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.
When to get advice from an agent
Certain consumers would prefer to talk to an insurance agent and that is not a bad decision A nice benefit of getting online price quotes is you may find better rates and still have a local agent. Putting coverage with local agents is important especially in Columbus.
After completing this quick form, your coverage information is submitted to local insurance agents who will give you bids and help you find cheaper coverage. It simplifies rate comparisons since you won't have to find an agent due to the fact that quote results will go straight to your inbox. You can find better rates without the usual hassles of price shopping. In the event you want to get a comparison quote from a specific insurance provider, you just need to jump over to their website and submit a quote form there.
Car insurance agents in Columbus come in two varieties
If you want a local agent, it can be helpful to understand the different types of agents to choose from. Insurance agencies are classified as either independent or exclusive depending on the company they work for.
Independent Agencies or Brokers
Independent insurance agents often have many company appointments and that gives them the ability to insure with multiple insurance companies and help determine which has the cheapest rates. If they find a lower price, your agent can switch companies and the insured can keep the same agent.
When comparison shopping, you need to get rate quotes from a few independent agents so that you have a good selection of quotes to compare. Many can place coverage with lesser-known insurance companies that may provide cheaper insurance rates.
Shown below are Columbus independent insurance agents that may be able to provide competitive price quotes.
- Ansong Insurance Agency
5272 Cleveland Ave - Columbus, OH 43231 - (614) 259-3635 - View Map
- Gardiner Allen DeRoberts Insurance LLC
777 Goodale Blvd - Columbus, OH 43212 - (614) 221-1500 - View Map
- Nationwide Insurance: Glenn R Williams
2930 N High St - Columbus, OH 43202 - (614) 268-3567 - View Map
Exclusive Insurance Agents
Exclusive agencies can only provide one company's prices and some examples include Farmers Insurance and State Farm. They usually cannot shop your coverage around so it's a take it or leave it situation. Exclusive insurance agents are usually quite knowledgeable on the products they sell and that allows them to sell at a higher price point. A lot of people choose to use an exclusive agent primarily because of high brand loyalty and the convenience of having all coverages with one company.
The following is a short list of exclusive agents in Columbus who can help you get comparison quotes.
- Debbie Montgomery - State Farm Insurance Agent
1880 Schrock Rd - Columbus, OH 43229 - (614) 890-2886 - View Map
- Bud Kulp - State Farm Insurance Agent
1707 Bethel Rd - Columbus, OH 43220 - (614) 459-2424 - View Map
- Gary Snowden - State Farm Insurance Agent
1369 Georgesville Rd - Columbus, OH 43228 - (614) 272-2300 - View Map
Deciding on a car insurance agent shouldn't rely on just a low price. Some important questions to ask are:
- What companies can they write with?
- Is coverage determined by price?
- Which companies do they recommend if they are an independent agency?
- Do they prorate repair cost based on vehicle mileage?
- Do they review policy coverages at every renewal?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Does the agency support the community they serve?
If you get positive responses to all your questions and an affordable coverage quote, it's possible that you found a car insurance agent that can be trusted to properly service your insurance policy.
Coverages available on your insurance policy
Having a good grasp of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and reading a policy is terribly boring.
Comprehensive (Other than Collision)
Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like damage from flooding, fire damage, rock chips in glass and hitting a bird. The highest amount you'll receive from a claim is the actual cash value, so if it's not worth much more than your deductible it's not worth carrying full coverage.
Coverage for collisions
Collision coverage will pay to fix damage to your Impala from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision can pay for claims such as rolling your car, hitting a mailbox and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are older. It's also possible to choose a higher deductible on your Impala in order to get cheaper collision rates.
Medical expense insurance
Med pay and PIP coverage reimburse you for short-term medical expenses like hospital visits, prosthetic devices and chiropractic care. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage
Protection from uninsured/underinsured drivers
This gives you protection from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Chevy Impala.
Since many Ohio drivers only purchase the least amount of liability that is required (Ohio limits are 25/50/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Usually the UM/UIM limits do not exceed the liability coverage limits.
Coverage for liability
Liability coverage can cover damages or injuries you inflict on a person or their property in an accident. It protects YOU from legal claims by others, and doesn't cover damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage pays for claims such as court costs, repair costs for stationary objects and structural damage. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible. Ohio state minimum liability requirements are 25/50/25 but drivers should carry better liability coverage.
The illustration below shows why buying low liability limits may not provide adequate coverage.
Shop smart and save
When you buy Columbus car insurance online, never buy lower coverage limits just to save a few bucks. There are too many instances where someone dropped uninsured motorist or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase a proper amount of coverage at the best cost while still protecting your assets.
Some insurance companies may not provide online quoting and many times these regional carriers only sell coverage through independent agents. Cheaper Chevy Impala insurance in Columbus can be found from both online companies as well as from insurance agents, and you need to comparison shop both so you have a total pricing picture.
Drivers change insurance companies for many reasons like extreme rates for teen drivers, delays in responding to claim requests, policy cancellation and unfair underwriting practices. It doesn't matter what your reason, finding a great new company is easier than you think.
How to find cheaper rates for Chevy Impala insurance in Columbus
If you want to save the most money, the best way to get the cheapest Chevy Impala insurance in Columbus is to regularly compare prices from different companies who provide car insurance in Ohio.
- Gain an understanding of auto insurance and the factors you can control to prevent high rates. Many rating factors that cause high rates like careless driving and an imperfect credit history can be eliminated by making minor driving habit or lifestyle changes.
- Compare rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from a single company like Progressive or State Farm, while agents who are independent can quote prices from multiple insurance companies. Get quotes now
- Compare the price quotes to your current policy premium to see if a cheaper price is available. If you can save some money and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
One tip to remember is to make sure you enter similar coverage information on each price quote and and to get prices from as many different companies as possible. This helps ensure an apples-to-apples comparison and maximum price selection.
Additional car insurance information is located at the links below
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- Who Has Cheap Columbus Auto Insurance Rates for High School Students? (FAQ)
- What Insurance is Cheapest for a Ford Escape in Columbus? (FAQ)
- Who Has the Cheapest Columbus Auto Insurance for a Toyota Tacoma? (FAQ)
- Who Has Cheap Columbus Car Insurance Rates for College Students? (FAQ)
- How Much are Auto Insurance Rates for a 20 Year Old Female in Columbus? (FAQ)
- Bodily Injury Coverage (Liberty Mutual)
- Older Driver Statistics (Insurance Information Institute)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)