Chevy Impala Insurance Rate Quotes in Tampa

It’s well known that insurance companies don’t want policyholders to shop around. Insureds who compare other rates are very likely to switch companies because there is a good chance of finding a lower-priced company. Remarkably, a study showed that people who compared rates regularly saved as much as $850 each year compared to those who never shopped around.

If finding the lowest price on auto insurance in Tampa is why you’re reading this, then knowing how to shop for coverages can help you be more efficient.

If saving the most money is your goal, then the best way to get the cheapest car insurance rates in Tampa is to start comparing prices yearly from different companies that insure vehicles in Florida. Rates can be compared by following these steps.

First, gain an understanding of how companies set rates and the measures you can take to lower rates. Many factors that drive up the price like accidents, traffic violations, and an unacceptable credit score can be controlled by making small lifestyle or driving habit changes. Later in this article we will cover tips to help prevent high rates and find overlooked discounts.

Second, quote rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from one company like Progressive or State Farm, while independent agencies can quote prices for a wide range of companies. Click to view companies

Third, compare the quotes to the premium of your current policy and determine if there is any savings. If you find a better price, make sure there is no lapse in coverage.

A good tip to remember is to use the same level of coverage on every quote and and to get rates from as many different companies as possible. Doing this helps ensure an accurate price comparison and the best price selection.

Getting a cheaper price on Chevy Impala insurance can be surprisingly simple. Consumers just need to spend a few minutes on the computer to compare rate quotes provided by online insurance companies.

The companies shown below can provide free quotes in Florida. If you want cheap auto insurance in FL, we recommend you get prices from several of them in order to find the most competitive rates.

Choosing Chevy vehicle insurance is an important decision

Despite the high cost of buying insurance for a Chevy Impala in Tampa, insuring your vehicle is required for several reasons.

• Just about all states have mandatory insurance requirements which means state laws require a specific minimum amount of liability coverage in order to drive the car legally. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you bought your Chevy with a loan, most lenders will force you to carry insurance to ensure loan repayment if the vehicle is totaled. If the policy lapses, the lender may insure your Chevy at a significantly higher premium and require you to pay the higher price.
• Insurance protects both your car and your assets. It also can pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses in the event you are sued. If damage is caused by hail or an accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.

The benefits of having insurance definitely exceed the cost, especially when you need to use it. The average driver in Florida overpays as much as $825 a year so compare rates each time the policy renews to be sure current rates are still competitive.

Chevy Impala detailed coverage information

The rate table shown below covers a range of rate quotes for Chevy Impala models. Having knowledge of how policy premiums are established can help customers make smart choices when comparing insurance quotes.

Table data represents single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Price estimates do not factor in specific Tampa garaging location which can alter coverage rates greatly.

Deductible analysis

One of the most common car insurance questions is which comprehensive and collision deductibles to buy. The following tables outline the price difference when you choose different coverage deductibles. The first rate table uses a $250 physical damage deductible and the second rate chart uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Price estimates do not factor in garaging location in Tampa which can lower or raise coverage rates significantly.

Using the premium rates above, we can conclude that using a $250 deductible would cost the average driver about $30 more each month or $360 for a full year than selecting the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average more than 25 months between claims, you would come out ahead by selecting a higher deductible.

The chart below illustrates how your deductible choice and can influence Chevy Impala annual premium costs for each different age category. The premium estimates are based on a single male driver, full coverage, and no policy discounts are applied.

Premiums by gender and age

The diagram below illustrates the comparison of Chevy Impala annual premium costs for male and female drivers. The data is based on no claims or driving citations, full physical damage coverage, $100 deductibles, drivers are not married, and no discounts are taken into consideration.

Full coverage rates compared to liability-only

The example below illustrates the difference between Chevy Impala insurance costs when comparing full coverage to state minimum liability only. The data assumes no tickets, no at-fault accidents, $100 deductibles, single status, and no other discounts are factored in.

Should you pay for full coverage or liability only?

There is no clear-cut formula to drop comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of coverage is about 10% or more of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

For example, let’s assume your Chevy Impala book value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, you would only receive $4,000 after paying the physical damage deductible. If premiums are more than $400 annually to have full coverage, the it may be a good time to stop paying for full coverage.

There are a few cases where removing full coverage is not advised. If you still have a loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not drop full coverage.

Get affordable rates on Chevy Impala insurance in Tampa with these discounts

Some insurance providers don’t necessarily list every possible discount in an easy-to-find place, so here is a list some of the best known and also the more inconspicuous credits available to lower your premiums when you buy Tampa auto insurance online.

• Military Rewards – Being on active deployment in the military could mean lower premium rates.
• Smart Student Discounts – Performing well in school may save you up to 25%. The good student discount can last until age 25.
• Accident-Free Discounts – Good drivers with no accidents have much lower rates when compared with bad drivers.
• Braking Control Discount – Cars, trucks, and SUVs with ABS and/or traction control can avoid accidents and will save you 10% or more on Impala insurance in Tampa.
• Air Bags and Passive Restraints – Cars that have air bags may get savings of 20 to 30 percent.
• Organization Discounts – Belonging to qualifying employment or professional organizations could qualify you for a break when getting a Tampa auto insurance quote.
• Discounts for Cautious Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates compared to accident prone drivers.
• One Accident Forgiven – This one is not really a discount per se, but some companies like State Farm and Progressive will let one accident slide without the usual rate increase if you have no claims for a set time period.
• Discount for Life Insurance – Not all car insurance companies offer life insurance, but some may give you a discounted rate on car insurance if you buy a life policy as well.
• Online Discount – Many car insurance companies give back up to $50 get Tampa auto insurance digitally online.

Policy discounts save money, but most discounts do not apply to the whole policy. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, car insurance companies aren’t that generous.

The illustration below illustrates the comparison of Chevy Impala yearly insurance costs with and without discounts applied to the policy premium. The premiums assume a female driver, no driving violations, no at-fault accidents, Florida 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 homeowner, safe-driver, claim-free, multi-policy, marriage, and multi-car discounts applied.

A list of companies and a partial list of their discounts are:

• State Farm may have discounts that include accident-free, passive restraint, good driver, Steer Clear safe driver discount, and multiple autos.
• American Family has savings for good driver, defensive driver, bundled insurance, early bird, Steer into Savings, and mySafetyValet.
• AAA offers discounts including multi-policy, multi-car, good driver, good student, anti-theft, and AAA membership discount.
• GEICO has discounts for federal employee, military active duty, multi-policy, anti-theft, good student, and membership and employees.
• Mercury Insurance includes discounts for ease of repair, professional/association, low natural disaster claims, anti-theft, multi-policy, location of vehicle, and type of vehicle.
• Farmers Insurance may offer discounts for bundle discounts, good student, alternative fuel, business and professional, and early shopping.
• Progressive may include discounts for good student, online quote discount, homeowner, multi-policy, online signing, and continuous coverage.

Double check with all companies you are considering the best way to save money. A few discounts may not apply in Tampa. If you would like to view companies that offer some of these discounts in Tampa, click here.

When to get professional advice

When it comes to buying proper insurance coverage, there is no one size fits all plan. Your needs are not the same as everyone else’s.

These are some specific questions could help you determine if you might need an agent’s assistance.

• Does my medical payments coverage pay my health insurance deductible?
• Is business equipment covered while in my vehicle?
• What is glass protection for?
• Will my insurance pay for OEM parts?
• Am I insured when driving a different vehicle?
• Do I have coverage if I rent a car in Mexico?
• Is other people’s property covered if stolen from my vehicle?
• What is the difference between comprehensive and collision coverage?
• At what point should I drop full coverage?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, free and may give you better protection.

Best auto insurance in Tampa

Picking the right car insurance provider can be a challenge considering how many companies sell insurance in Tampa. The company ratings in the next section can help you choose which companies to look at when looking for cheaper rates.

Top 10 Tampa Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

Top 10 Tampa Car Insurance Companies Ranked by Claims Service

1. Travelers
2. Nationwide
3. Allstate
4. State Farm
5. Liberty Mutual
6. GEICO
7. American Family
8. Esurance
9. Titan Insurance
10. AAA Insurance