Find Cheaper Chevy Impala Insurance in Anchorage

If you want to find the absolute lowest rates, then the best way to find better pricing on car insurance rates in Anchorage is to start doing a yearly price comparison from insurers who provide auto insurance in Alaska. You can compare prices by following these steps.

• Step 1: Read about the different coverages in a policy and the changes you can make to lower rates. Many policy risk factors that are responsible for high rates such as accidents, traffic violations, and a substandard credit score can be improved by being financially responsible and driving safely.
• Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only quote rates from one company like GEICO and State Farm, while independent agents can provide prices for many different companies.
• Step 3: Compare the new rate quotes to your existing coverage to see if a cheaper price is available in Anchorage. If you find a lower rate, make sure coverage does not lapse between policies.

The key thing to know about shopping around is that you use the same level of coverage on each quote request and and to look at every insurance company. Doing this enables an apples-to-apples comparison and many rates to choose from.

It’s safe to assume that insurance companies don’t want you to look for a cheaper policy. People who perform rate comparisons will most likely switch auto insurance companies because there is a good probability of finding lower rate quotes. A recent survey revealed that drivers who routinely shopped around saved an average of $3,450 over four years compared to other drivers who don’t regularly compare prices.

If finding the lowest rates on insurance is your goal, then having some knowledge of how to find companies and compare insurance coverage can help you succeed in finding affordable rates.

Quoting cheaper coverage in Anchorage is simple if you know the tricks. If you are already insured or need new coverage, use these techniques to buy cheaper insurance without sacrificing coverage. Consumers just need to know the tricks to compare rates on the web.

Most larger insurance companies allow consumers to get insurance quotes on their websites. Comparing prices online for Chevy Impala insurance in Anchorage is pretty painless because you just enter the coverage amounts you desire into the form. After you submit the form the company’s rating system automatically retrieves your driving record and credit report and generates pricing information based on the information you submitted. Getting online price quotes for Chevy Impala insurance in Anchorage streamlines rate comparisons, and it’s also necessary to get many rate quotes if you want to get the most affordable possible premiums on auto insurance.

In order to compare rates using this form now, compare rates now from the companies shown below. To compare your current rates, we recommend you replicate coverages and limits exactly as shown on your declarations page. This guarantees you will get rate quotes using the exact same coverages.

The providers in the list below are ready to provide price comparisons in Alaska. In order to find the cheapest auto insurance in Anchorage, we suggest you click on several of them in order to get a fair rate comparison.

Do you qualify for discounts?

Car insurance is neither fun to buy or cheap, but you might be missing out on some discounts that many people don’t even know exist. Some trigger automatically at quote time, but some must be manually applied before you will receive the discount.

• Driver Safety – Taking time to complete a course that instructs on driving safety could save 5% or more and easily pay for the cost of the class.
• Government Employee Discount – Active or former government employment may reduce rates when you quote Anchorage car insurance with some car insurance companies.
• New Car Discount – Buying a new car instead of a used Impala can be considerably cheaper because new vehicles are generally safer.
• Accident Forgiveness Coverage – This one is not really a discount per se, but companies like Liberty Mutual and GEICO permit an accident before they charge you more for coverage as long as you don’t have any claims prior to the accident.
• Renewal Discounts – Some companies provide a discount for switching to them before your current expiration date. It’s a savings of about 10%.
• Life Insurance – Larger car insurance companies have a discounted rate on car insurance if you buy some life insurance in addition to your auto policy.
• Anti-theft Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems prevent vehicle theft and will qualify for a discount on a Anchorage car insurance quote.
• Anti-lock Brake System – Cars and trucks that have anti-lock braking systems have fewer accidents so you can save 10 percent or more.
• Drive Safe and Save – Safe drivers could pay up to 40% less than drivers with accidents.

Keep in mind that some credits don’t apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. If you do the math and it seems like all those discounts means the company will pay you, it’s just not the way it works.

The information below illustrates the difference between Chevy Impala premium costs with and without discounts being applied to the rates. Data assumes a female driver, a clean driving record, no claims, Alaska state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, marriage, safe-driver, multi-policy, and homeowner discounts applied.

The best car insurance companies and their possible discounts are detailed below.

• Progressive includes discounts for homeowner, multi-policy, good student, online signing, continuous coverage, and multi-vehicle.
• SAFECO policyholders can earn discounts including anti-lock brakes, teen safety rewards, homeowner, teen safe driver, accident prevention training, multi-car, and drive less.
• American Family discounts include air bags, mySafetyValet, early bird, defensive driver, and good driver.
• MetLife has discounts for claim-free, accident-free, good student, multi-policy, good driver, defensive driver
• GEICO offers premium reductions for five-year accident-free, daytime running lights, defensive driver, air bags, seat belt use, military active duty, and emergency military deployment.
• The Hartford has savings for good student, driver training, defensive driver, vehicle fuel type, air bag, bundle, and anti-theft.

When comparing rates, check with every company what discounts are available to you. Some discounts listed above may not be offered in your area. To see car insurance companies who offer discounts in Alaska, follow this link.

Rates and detailed analysis

The rate information displayed next showcases a range of insurance policy prices for Chevy Impala models. Understanding more about how auto insurance premiums are calculated can help guide drivers when making decisions on the best policy to buy.

Data rating is based on married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Premium amounts do not factor in specific Anchorage garaging location which can influence rates significantly.

Higher deductibles lower rates

The hardest decision when buying coverage is how high or low should comp and collision deductibles be. The comparisons below can help you visualize the difference in cost when you choose different physical damage deductibles. The first set of rates uses a $100 deductible for comp and collision and the second rate chart uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Price estimates do not factor in specific location information which can alter auto insurance rates significantly.

Based on this data, using a $100 deductible will cost in the ballpark of $19 more each month or $228 annually averaged for all Impala models than choosing the higher $500 deductible. Since you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you average at a minimum 21 months between claims, you would save money if you elect the higher deductible. The table below shows an example of how you can perform this determination yourself.

One important issue to know is that increasing deductibles to save money means you will have to pay more out-of-pocket when you have to file a claim. That will force you to have some savings in order to pay more to get your vehicle repaired.

Safe drivers pay less for auto insurance

The information below demonstrates how citations and at-fault claims can affect Chevy Impala yearly insurance costs for different ages of insureds. The costs are based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no policy discounts are applied.

Full coverage rates vs. liability-only

The example below illustrates the difference between Chevy Impala auto insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Alaska. The costs are based on no driving violations, no at-fault accidents, $250 deductibles, single marital status, and no discounts are factored in.

When to stop buying full coverage

There is no written rule to stop paying for comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of your full coverage insurance is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

For example, let’s say your Chevy Impala book value is $8,000 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $7,000 after the policy deductible has been paid. If you are paying in excess of $700 a year for physical damage coverage, then you might consider buying liability only.

There are a few situations where removing full coverage is not in your best interest. If you still owe a portion of the original loan, you have to keep full coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.

How do Car Insurance Companies Determine Chevy Impala Insurance Premiums?

Many things are used when quoting car insurance. A few of the factors are predictable such as your driving history, although others are more obscure like your continuous coverage and annual miles driven. When buying car insurance it’s important to understand a few of the rating criteria that are used to determine the rates you pay for car insurance. When you know what positively or negatively impacts premium levels, this empowers consumers to make smart changes that may result in much lower annual insurance costs.

The list below includes a partial list of the pieces utilized by car insurance companies to help set rates.

Premiums are impacted by vehicle performance – The performance of the car you drive makes a significant difference in the rate you pay. The lowest base rates are usually for low performance passenger vehicles, but many other things help determine your insurance rates.

The chart below uses these variables: married male driver age 20, full coverage with $500 deductibles, and no discounts or violations. It illustrates Chevrolet Impala insurance premiums compared to other vehicles that have a range of performance rating factors.

Pay more of a claim out-of-pocket – Insurance for physical damage, termed comprehensive and collision coverage on your policy, is used to repair damage to your vehicle. Examples of covered claims could be collision with another vehicle, collision with an animal, and rolling your vehicle. The deductibles are how much you are willing to pay if you file a covered claim. The more the insured has to pay upfront, the better rate you will receive.

Employer can influence rates – Did you know your car insurance rates can be affected by your occupation? Jobs such as judges, air traffic controllers, and accountants usually pay higher rates than average due to job stress and incredibly demanding work hours. On the other hand, professions such as actors, engineers and homemakers pay the least.

Vehicle theft costs us all – Choosing a vehicle that has an advanced theft prevention system can save you a little every year. Systems that thwart thieves like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent car theft.

Insurance loss probability for a Chevy Impala – Insurance companies use data from past claims to calculate a price that offsets possible losses. Vehicles that the statistics show to have higher prevalence or dollar amount of losses will have higher premium rates.

The table below demonstrates the insurance loss data for Chevy Impala vehicles. For each policy coverage type, the loss probability for all vehicles, regardless of manufacturer or model, is equal to 100. Values under 100 imply a favorable loss record, while percentage numbers above 100 indicate a higher chance of having a claim or an increased probability of a larger loss.

Compare rate quotes but buy from a local neighborhood Anchorage car insurance agent

A lot of people just want to visit with an insurance agent and that is OK! Good agents are highly skilled in risk management and help you file claims. A good thing about comparing rates online is that you can find the lowest rates but also keep your business local. And supporting local insurance agents is important particularly in Anchorage.

After completing this short form, the coverage information is instantly submitted to local insurance agents in Anchorage who will give you quotes for your insurance coverage. You won’t need to do any legwork due to the fact that quote results will go to your email. If for some reason you want to quote rates from a particular provider, just search and find their rate quote page and fill out the quote form the provide.

The following is a list of insurance companies in Anchorage willing to provide price quotes for Chevy Impala insurance in Anchorage.

More Anchorage agents

Deciding on an insurance company shouldn’t rely on just the price. Before buying a policy in Anchorage, get answers to these questions.

• Does the company have a solid financial rating?
• Is there any savings for paying the full premium?
• How many companies do they write for?
• Will high miles depreciate repair valuations?
• Is the coverage adequate for your vehicle?
• Do they assist clients in filing claims?
• Are they full-time agents?

In the end, you can save money

More affordable car insurance in Anchorage is available both online in addition to local insurance agencies, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get quotes online and these regional insurance providers provide coverage only through local independent agencies.

You just read a lot of ways to find cheaper Chevy Impala insurance in Anchorage. The key concept to understand is the more rate quotes you have, the better likelihood of getting affordable Chevrolet Impala insurance quotes. Consumers may even find the best premium rates are with an unexpected company. Regional companies may cover specific market segments cheaper as compared to the big name companies such as GEICO and State Farm.

Even more information can be read in these articles:

• Parking Tips to Reduce Door Dings (State Farm)
• Who Has the Cheapest Anchorage Auto Insurance Rates for Drivers Over Age 70? (FAQ)
• How Much is Auto Insurance for Drivers with a Bad Driving Record in Anchorage? (FAQ)
• Who Has the Cheapest Car Insurance Rates for Drivers with Bad Credit in Anchorage? (FAQ)
• Who Has Affordable Auto Insurance Quotes for a Nissan Sentra in Anchorage? (FAQ)
• What Car Insurance is Cheapest for Felons in Anchorage? (FAQ)
• Safety Belts FAQ (iihs.org)
• No-Fault Auto Insurance Statistics (Insurance Information Institute)