Cheapest Chevy Impala Insurance in Oklahoma City

It’s safe to conclude that car insurance companies don’t want their policyholders to compare prices. Consumers who shop around will probably switch companies because there are good odds of finding better rates. Remarkably, a study showed that people who shopped around every year saved approximately $860 a year compared to those who don’t regularly compare prices.

If saving money on insurance in Oklahoma City is why you’re reading this, then knowing the best way to shop and compare insurance coverage can save time, money, and frustration.

If you want to save money, the best way to get affordable Chevy Impala insurance is to compare prices annually from providers who provide auto insurance in Oklahoma City. Prices can be compared by completing these steps.

• Step 1: It will benefit you to learn about what is in your policy and the things you can control to prevent rate increases. Many rating criteria that cause rate increases like at-fault accidents, careless driving, and a low credit score can be rectified by making lifestyle changes or driving safer. Continue reading for the details to get cheaper coverage and earn larger discounts.
• Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from a single company like GEICO and Allstate, while agents who are independent can provide price quotes from multiple sources.
• Step 3: Compare the new quotes to your existing policy to see if a cheaper rate is available. If you find a lower rate and change companies, ensure there is no coverage lapse between policies.
• Step 4: Notify your current company of your intent to cancel the current policy and submit the signed application along with the required initial payment to your new carrier. When you receive it, safely store the certificate verifying coverage in an accessible location in your vehicle.

The most important part of this process is to try to use the same physical damage deductibles and liability limits on every quote request and to quote with as many companies as feasibly possible. Doing this provides the most accurate price comparison and a complete price analysis.

These techniques will introduce you to how to get online quotes and also pocket some savings If you have a current car insurance policy, you should be able to cut your premiums using the ideas presented in this article. Although Oklahoma consumers need to have an understanding of how insurance companies sell online and use this information to your advantage.

The are a couple different ways to get quotes from many insurance companies in Oklahoma. The easiest way by far to lower the rate you pay for Chevy Impala insurance is to perform an online rate comparison.

It’s so simple to compare insurance rate quotes online replaces the need to physically go to insurance agencies in your area. The internet makes this process obsolete unless you’re the type of person who wants the professional guidance of a local agent. Although, it is possible compare online quotes but purchase the actual policy in an agency.

When comparing insurance rates, know that comparing more prices increases your odds of finding better pricing. Some regional insurers cannot provide rate quotes online, so it’s important to also get rates from those companies as well.

The auto insurance companies shown below can provide price quotes in Oklahoma City, OK. If several companies are displayed, we recommend you compare several of them to get the best price comparison.

Facts and figures for Chevy Impala insurance

The price information below highlights a range of insurance premium costs for Chevy Impala models. Learning more about how auto insurance premiums are established can help drivers make informed decisions when shopping around for a new policy.

Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Oklahoma minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Premium costs do not factor in vehicle location which can lower or raise rates noticeably.

Choosing deductibles

One of the most common auto insurance questions is how high should the physical damage coverage deductibles be. The tables below outline the rate difference between low and high policy deductibles. The first price estimate table uses a $250 deductible and the second set of rates uses a $1,000 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Table data does not factor in vehicle garaging location which can influence price quotes significantly.

Using the premium rates above, we can conclude that using a $250 deductible costs about $32 more each month or $384 every year than buying the higher $1,000 deductible. Because you would be required to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you go at least 23 months between claims, you would come out ahead if you opt for a higher deductible.

Auto insurance is not optional

Even though Oklahoma City Impala insurance rates can get expensive, paying for auto insurance is required in Oklahoma but it also protects you in many ways.

• The majority of states have compulsory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability coverage if you don’t want to risk a ticket. In Oklahoma these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you took out a loan on your Impala, almost all lenders will require that you have physical damage coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the lender may insure your Chevy at a much higher premium rate and require you to pay a much higher amount than you were paying before.
• Insurance protects your Chevy Impala and your assets. Insurance will pay for hospital and medical expenses for yourself as well as anyone injured by you. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if you are sued as the result of an accident. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.

The benefits of insuring your Impala are definitely more than the cost, especially with large liability claims. According to a 2015 survey, the average American driver is currently overpaying as much as $865 each year so it’s recommended you shop around each time the policy renews to save money.

Learn How to Lower Your Insurance Premiums

An important part of buying insurance is that you know a few of the rating criteria that help determine auto insurance rates. When you understand what controls the rates you pay, this allows you to make good choices that could help you find lower auto insurance prices.

• Drive less and save – The more you drive your Chevy in a year the higher your rates will be. Most insurance companies price each vehicle’s coverage partially by how you use the vehicle. Cars left parked in the garage qualify for better rates compared to those used for work or business. A policy that improperly rates your Impala may be costing you. Ask your agent if your auto insurance policy is rated on the correct usage, because improper ratings can cost you money.
• Rental and towing coverage may not be needed – There are a ton of add-on coverages that sound like a good idea at the time on your auto insurance policy. Coverage for things like personal injury protection, towing, and Farm Bureau memberships are examples of these. They may seem like a good idea when buying your policy, but your money might be better spent on other coverage so think about removing them and cutting costs.

• Accidents can increase rates – Whether or not you get tickets impacts premiums far more than you think. Careful drivers pay less for auto insurance than people who have multiple driving citations. Even a single moving violation can increase the cost of insurance to the point where it’s not affordable. Drivers with license-revoking tickets such as DUI, reckless driving or excessive speeding may need to complete a SR-22 with their state’s licensing department in order to keep their license.

  The example below shows how speeding tickets and at-fault collisions can increase Chevy Impala annual premium costs for different age groups of insureds. The price estimates are based on a single male driver, comp and collision included, $100 deductibles, and no discounts are applied to the premium.

• Costs are impacted by vehicle performance – The make and model of the car you drive makes a significant difference in determining your rates. The lowest rates will generally be found on lower cost passenger cars, but the cost you end up paying is determined by many additional factors.

  The data below is based on a married female driver age 40, full coverage with $250 deductibles, and no discounts or violations. It illustrates Chevrolet Impala rates compared to other models of vehicles that have different performances.

• Your address can push rates up or down – Having an address in a rural area has definite advantages when shopping for auto insurance. Fewer drivers means fewer accidents and a lower car theft rate. People in densely populated areas tend to have more road rage incidents and more time behind the wheel. Spending more time driving means a statistically higher chance of an accident.
• More policies can equal more savings – Lots of insurance companies give a discount to buyers that have more than one policy such as combining an auto and homeowners policy. Even if you qualify for this discount already, you may still want to compare other Oklahoma City Impala insurance rates to help guarantee you have the best rates.

• Loss probability for a Chevy Impala – Insurance companies use statistical claims data to determine a price that will be profitable for them. Vehicles that tend to have higher claim frequency or loss amount will be charged more to insure. The next table shows the insurance loss data used by companies for Chevy Impala vehicles.

  For each insurance policy coverage type, the claim amount for all vehicles, as a total average, is a value of 100. Percentage values below 100 suggest a positive loss record, while numbers that are greater than 100 point to more losses or a tendency for losses to be larger than average.

  
  

  Chevrolet Impala Insurance Loss Statistics

  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

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years

Do you qualify for discounts on Chevy Impala insurance in Oklahoma City?

Some companies don’t necessarily list all possible discounts very well, so here is a list a few of the more common and the more hidden savings tricks you should be using when you buy Oklahoma City auto insurance online.

• Anti-theft System – Cars and trucks optioned with advanced anti-theft systems have a lower chance of being stolen and can earn a small discount on your policy.
• Membership in Organizations – Belonging to a professional or civic organization is a good way to get lower rates on insurance.
• Bundle and Save – When you combine your homeowners and auto insurance with the same company you could save over 10 percent off each policy depending on the company.
• College Student – Children living away from Oklahoma City attending college and do not take a car to college may be insured at a cheaper rate.
• Discounts for New Vehicles – Putting coverage on a new Impala is cheaper because new model year vehicles keep occupants safer.
• Good Students Pay Less – This discount can get you a discount of up to 25%. Many companies even apply the discount to college students up to age 25.
• Good Drivers – Drivers who don’t get into accidents can pay as much as 50% less compared to rates paid by drivers with frequent claims.

You should keep in mind that most discount credits are not given to all coverage premiums. A few only apply to individual premiums such as physical damage coverage or medical payments. Despite the appearance that you could get a free insurance policy, you’re out of luck.

The diagram below shows the difference between Chevy Impala insurance costs with and without discounts applied. The costs are based on a female driver, no accidents or driving violations, Oklahoma state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, multi-policy, safe-driver, homeowner, and marriage discounts applied.

Large insurance companies and their possible discounts are shown below.

• State Farm has savings for Drive Safe & Save, defensive driving training, passive restraint, multiple autos, and multiple policy.
• Progressive offers discounts for homeowner, multi-policy, good student, continuous coverage, online quote discount, and multi-vehicle.
• Travelers discounts include student away at school, continuous insurance, save driver, payment discounts, good student, driver training, and home ownership.
• American Family may include discounts for bundled insurance, mySafetyValet, multi-vehicle, good driver, good student, and Steer into Savings.
• Liberty Mutual offers discounts including newly married, exclusive group savings, hybrid vehicle, teen driver discount, and newly retired.

Check with each insurance company to apply every possible discount. A few discounts might not be available to policyholders in Oklahoma City.

Will just any policy work for me?

Keep in mind that when it comes to choosing coverage for your personal vehicles, there really isn’t a one size fits all plan. Your situation is unique.

These are some specific questions may help you determine whether your personal situation would benefit from professional advice.

• Am I getting all the discounts available?
• What if a claim settlement is too low?
• Can I afford to buy a different vehicle if my Chevy Impala is totaled?
• Am I covered when pulling a rental trailer?
• When would I need rental car insurance?
• Why does it cost so much to insure a teen driver in Oklahoma City?
• Do I get a pro-rated refund if I cancel my policy early?
• What is the difference between comprehensive and collision coverage?
• Does my Chevy Impala qualify for pleasure use?
• How does medical payments coverage work?

If you can’t answer these questions, you might consider talking to an insurance agent. If you don’t have a local agent, take a second and complete this form.

You may want advice from an agent

A small number of people would rather buy from a licensed agent and that is a personal choice. One of the great benefits of getting online price quotes is that drivers can save money and get cheap car insurance quotes and also buy local. Buying insurance from neighborhood agents is especially important in Oklahoma City.

To find an agent, once you fill out this form (opens in new window), the quote information is immediately sent to participating agents in Oklahoma City that can provide free Oklahoma City auto insurance quotes for your coverage. It simplifies rate comparisons since you won’t have to drive around because prices are sent immediately to you. You can most likely find cheaper rates without a big time investment. If you have a need to get a rate quote from a specific car insurance provider, you just need to visit that company’s website and give them your coverage information.

If you need to find a reliable agent, there are a couple of different types of agents and how they differ in how they can insure your vehicles. Insurance agencies in Oklahoma City are considered either exclusive or independent (non-exclusive).

Independent Car Insurance Agents (or Brokers)

Independent agents are not limited to a single company so they have the ability to put coverage through lots of different companies and help determine which has the cheapest rates. If they find a lower price, the agent simply finds a different carrier and you don’t have to do anything.

If you need lower rates, you absolutely need to compare quotes from at least one independent agent to maximize your price options.

The following are independent agencies in Oklahoma City who may provide competitive price quotes.

View more Oklahoma City agents

Exclusive Agencies

These type of agents can only place business with one company and some examples include State Farm, Allstate and AAA. These agents are unable to provide other company’s prices so you might not find the best rates. Exclusive agents receive extensive training on sales techniques which helps offset the inability to provide other markets.

Shown below are Oklahoma City exclusive insurance agencies that can give you price quote information.

View more Oklahoma City agents

Deciding on a car insurance agent should depend on more than just a cheap price quote. Before buying a policy in Oklahoma City, get answers to these questions.

• How experienced are they in personal risk management?
• How is replacement cost determined on your vehicle?
• Do they prorate repair cost based on vehicle mileage?
• Does the quote include credit and driving reports?
• Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?

Persistence pays off

Consumers switch companies for a number of reasons such as high rates after DUI convictions, lack of trust in their agent, questionable increases in premium and policy non-renewal. Regardless of your reason, finding a great new company can be easy and end up saving you some money.

More affordable auto insurance in Oklahoma City is possible both online and also from your neighborhood Oklahoma City agents, so get free Oklahoma City auto insurance quotes from both of them so you have a total pricing picture. Some companies may not provide internet price quotes and most of the time these regional carriers prefer to sell through independent insurance agents.

When searching for inexpensive Oklahoma City auto insurance quotes, it’s a bad idea to buy less coverage just to save a little money. There are many occasions where an insured dropped uninsured motorist or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. Your goal is to buy the best coverage you can find at a price you can afford.

Much more information about auto insurance in Oklahoma is located at these links:

• What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
• Who Has Cheap Car Insurance Quotes for Teachers in Oklahoma City? (FAQ)
• Automakers compete to add autobraking (Insurance Institute for Highway Safety)
• Prepare your Teens for Safe Driving (InsureUonline.org)