Auto Insurance Rates for a Chevy Impala in Tulsa

How many times have you told yourself it’s time to shop around for cheaper Chevy Impala insurance in Tulsa? Having to pay for overpriced Chevrolet Impala insurance in Tulsa can diminish your savings account and make it hard to pay other bills. Comparing rate quotes can lower your rates and help to tighten up your finances.

It’s safe to assume that insurance companies want to keep your business as long as possible. People who shop around for cheaper rates are highly likely to switch insurance companies because the odds are good of getting low-cost coverage. A recent insurance study discovered that consumers who compared rates once a year saved an average of $72 a month compared to other drivers who never compared rates.

If saving money on insurance in Tulsa is your ultimate objective, then understanding the best ways to find and compare insurance premiums can help make the process easier and more efficient.

How to buy discount Chevy Impala insurance in Tulsa

If you want to find the absolute lowest rates, then the best way to get budget Chevy Impala insurance in Tulsa is to compare prices once a year from insurance carriers in Oklahoma. Drivers can shop around by following these steps.

1. Try to learn a little about how your policy works and the factors you can control to prevent expensive coverage. Many things that increase rates like accidents, traffic violations, and a poor credit rating can be controlled by making minor changes in your lifestyle.
2. Request price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can give quotes from one company like Progressive or State Farm, while independent agents can give you price quotes from many different companies.
3. Compare the new rate quotes to your existing rates and see if there is a cheaper rate. If you can save some money and decide to switch, ensure coverage does not lapse between policies.
4. Notify your company or agent of your intent to cancel your current coverage and submit the completed application along with a down payment to the new company. As soon as you have the new policy, store the proof of insurance certificate with the vehicle registration.

One thing to point out is to try to compare identical coverage information on every quote and and to get rate quotes from as many companies as you can. Doing this helps ensure a level playing field and a better comparison of the market.

Due to the fact that there are so many companies and agents to choose from, it is hard for the average consumer to locate a lower cost insurance company.

It’s important to do rate comparisons on a regular basis because prices change regularly. Just because you had the best price on Chevy Impala insurance in Tulsa six months ago you may be paying too much now. Forget anything you know (or think you know) about insurance because it’s time to teach you the only way to find better rates and still maintain coverage.

This article’s intent is to help educate you on how to get online quotes and how to save the most money. If you’re already insured, you will be able to buy cheaper auto insurance using the following tips. Drivers just have to know the most efficient way to compare prices over the internet.

Companies offering competitive Chevy Impala rates in Tulsa, OK

The companies shown below have been selected to offer free quotes in Tulsa, OK. To get the best auto insurance in Tulsa, OK, we recommend you visit two to three different companies to get the best price comparison.

Rates and other information

The coverage information shown next showcases different prices for Chevy Impala models. Being more informed about how insurance prices are formulated can benefit drivers when making decisions on the best policy coverages.

Table data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Premium amounts do not factor in specific Tulsa garaging location which can decrease or increase rates significantly.

Choosing deductibles

One frequently asked question is where should you set your physical damage deductibles. The following insurance rates can help you visualize the difference in cost when you select higher and lower coverage deductibles. The first data table uses a $250 deductible and the second price chart uses a $500 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Table data does not factor in zip code location which can change auto insurance rates substantially.

We can estimate from the data above that using a $250 deductible will cost you about $17 more each month or $204 each year across all Chevrolet Impala models than requesting the higher $500 deductible. Because you would pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to have more than 15 months between claims, you would come out ahead by selecting a higher deductible.

One important caveat is that increasing deductibles to save money results in more money out-of-pocket when you have to file a claim. That will require enough extra savings in order to pay the deductible for vehicle repair.

Auto insurance cost for men versus women

The diagram below shows the difference between Chevy Impala insurance costs for male and female drivers. The premium estimates are based on a clean driving record, no at-fault accidents, comp and collision included, $500 deductibles, single status, and no discounts are applied.

Cost of full coverage

The example below illustrates the comparison of Chevy Impala insurance costs with full coverage and liability only. The premium estimates are based on no violations or accidents, $500 deductibles, single marital status, and no other discounts are factored in.

When to eliminate full coverage

There is no exact formula for eliminating physical damage insurance, but there is a general guideline you can use. If the annual cost of having full coverage is about 10% or more of any settlement you would receive from your insurance company, then it could be time to drop full coverage.

For example, let’s pretend your Chevy Impala book value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would receive is $8,000 after paying your policy deductible. If it’s costing in excess of $800 annually for comprehensive and collision coverage, then you may need to consider dropping full coverage.

There are some situations where dropping full coverage is not financially feasible. If you haven’t paid off your loan, you have to keep full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle in case of an accident, you should keep full coverage.

Insurance Price Influencing Factors

Many things are used when quoting car insurance. A few of the factors are predictable like a motor vehicle report, but others are not quite as obvious such as your credit history and annual miles driven.

The items below are most of the major factors used by insurance companies to determine your rates.

• See if your company offers a multi-policy discount – Most larger insurance companies give better rates to insureds who consolidate policies with them. It’s known as a multi-policy discount. Even with this discount applied, it’s always a smart idea to check prices from other companies to help ensure you have the lowest rates. Consumers may save more without the discount by insuring with multiple companies.
• Car features can affect rates – Owning a car with a theft deterrent system can help lower your rates. Theft prevention devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop auto theft.
• Save miles and save money – The higher the mileage driven in a year’s time the more it will cost to insure it. Most companies calculate rates partially by how you use the vehicle. Cars used primarily for pleasure use receive lower rates than those that get driven frequently. Having an incorrect usage rating on your Impala may be costing you higher rates. Ask your agent if your insurance coverage is showing the correct usage.
• What are your coverage deductibles? – Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your Chevy. Some examples of claims that would be covered are a broken windshield, hitting a deer, and burglary. Comprehensive and collision coverage deductibles define the amount you are willing to pay out-of-pocket before your insurance pays a claim. The more expense you’re willing to pay, the bigger discount you will receive.

• Claims statistics for a Chevy Impala – Car insurance companies use past insurance losses when they set coverage costs for each model. Vehicles that the statistics show to have a higher amount or frequency of claims will cost more for specific coverages.

  The information below illustrates the loss history for Chevy Impala vehicles. For each policy coverage type, the loss probability for all vehicles, as an average, is a value of 100. Values that are under 100 mean the vehicle has better than average losses, while percentages above 100 point to more losses or statistically larger claims.

  
  

  Car Insurance Loss Data for Chevrolet Impala Models

  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

  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Discounts mean cheaper rates for Chevy Impala insurance in Tulsa

Car insurance companies don’t always publicize all available discounts in an easy-to-find place, so below is a list a few of the more well known as well as some of the hidden credits that may apply to you.

• Theft Prevention System – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more on Impala insurance in Tulsa.
• ABS Brakes – Anti-lock brake equipped vehicles are safer to drive and earn discounts up to 10%.
• Professional Memberships – Joining a civic or occupational organization in Tulsa is a good way to get lower rates when shopping for insurance.
• Renewal Discounts – Some insurance companies provide a discount for buying a new policy early. This discount can save up to 10%.
• Low Mileage – Driving fewer miles may allow you to get lower premium rates due to less chance of an accident.
• Lower Rates for Military – Being deployed in the military could qualify you for better insurance rates.
• Accident Forgiveness Coverage – This one isn’t a discount, but a handful of insurance companies permit an accident without raising rates if your claims history is clear before the accident.
• Telematics Data Discounts – Drivers who elect to allow their insurance company to track their driving habits by using a telematics device in their vehicle such as Drivewise from Allstate or Snapshot from Progressive could save a few bucks if they have good driving habits.

While discounts sound great, it’s important to understand that most credits do not apply to the entire policy premium. Some only apply to specific coverage prices like comprehensive or collision. Even though the math looks like adding up those discounts means a free policy, that’s just not realistic. Any amount of discount will bring down your premiums.

The chart below shows the comparison of Chevy Impala yearly insurance costs with and without discounts applied to the rates. The prices are based on a female driver, no claims or driving citations, Oklahoma state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, safe-driver, homeowner, marriage, and multi-car discounts applied.

Some of the insurance companies that may have most of these discounts include:

• State Farm
• Farmers Insurance
• Progressive
• GEICO
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

Double check with each insurance company what discounts are available to you. Some credits might not be available to policyholders in Tulsa. To see a list of insurers that have a full spectrum of discounts in Oklahoma, click this link.

Exclusive versus independent car insurance agents

Many drivers just prefer to buy from a local agent and that is OK! Good agents are trained risk managers and give you someone to call. The best thing about comparing rate quotes online is the fact that you can find cheaper prices and still have an agent to talk to. And providing support for neighborhood insurance agencies is definitely important in Tulsa.

For easy comparison, once you complete this form (opens in new window), your coverage information is instantly submitted to local insurance agents who will gladly provide quotes to get your business. You won’t even need to leave your computer because prices are sent instantly to you. If you need to quote rates from a specific insurance company, just go to their quote page to submit a rate quote request.

Tulsa car insurance agents are either independent or exclusive

If you prefer to buy car insurance from local Tulsa agents, you must know there are a couple different types of agents from which to choose. Car insurance policy providers can be described as either exclusive or independent agents depending on their company appointments. Either one can sell car insurance policies, but it’s worth mentioning the difference in how they write coverage because it can influence your selection of an agent.

Independent Car Insurance Agents (or Brokers)

Agents in the independent channel do not sell for just one brand so as a result can place your coverage through many companies and get the cheapest rates. If premiums increase, the business is moved internally without you having to go to a different agency. If you are comparing car insurance prices, it’s recommended you get quotes from independent agents to get the most accurate price comparison.

Featured below is a partial list of independent agencies in Tulsa who may provide free car insurance quotes.

View more Tulsa agents

Exclusive Agencies

Exclusive agents generally can only insure with one company such as Farmers Insurance, State Farm, or Allstate. They are unable to compare other company’s rates so if the price isn’t competitive there isn’t much they can do. Exclusive agents receive extensive training on their products and sales techniques which can be an advantage.

Listed below is a list of exclusive insurance agencies in Tulsa that are able to give price quotes.

View more Tulsa agents

Picking the best insurance agent should include more criteria than just the quoted price. Any agent in Tulsa should have no problem answering these questions:

• Do the companies they represent have a solid financial rating?
• Is insurance their full-time profession?
• Do you qualify for any additional discounts?
• Does the quote include credit and driving reports?
• How much will you save each year by using a higher deductible?

Once you have received positive responses to any questions you may have as well as a affordable price, chances are good that you have found an insurance agency that can properly insure your vehicles.

Do the work, save more money

In this article, we covered a lot of ways to find affordable Chevy Impala insurance in Tulsa. The key thing to remember is the more companies you get prices for, the higher your chance of finding affordable Tulsa auto insurance quotes. Consumers may even find the best price on car insurance is with a small mutual company. These companies may cover specific market segments cheaper as compared to the big name companies such as Allstate and Progressive.

Cost effective Chevy Impala insurance is attainable from both online companies and with local Tulsa insurance agents, and you need to comparison shop both so you have a total pricing picture. Some insurance companies do not offer rates over the internet and usually these smaller providers only sell coverage through local independent agents.

When you buy Tulsa auto insurance online, make sure you don’t skimp on coverage in order to save money. In too many instances, an insured dropped comprehensive coverage or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal is to find the BEST coverage at the lowest possible cost while still protecting your assets.

Steps to buying cheaper Chevy Impala insurance in Tulsa

If saving the most money is your goal, then the best way to find affordable quotes for Chevy Impala insurance is to make a habit of regularly comparing prices from different companies in Tulsa. Rates can be compared by following these steps.

Step 1: Get an understanding of coverages and the measures you can take to keep rates in check. Many rating criteria that are responsible for high rates like at-fault accidents, speeding tickets, and a not-so-good credit history can be controlled by making small lifestyle or driving habit changes.

Step 2: Request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like Progressive or Allstate, while agents who are independent can provide prices for a wide range of companies.

Step 3: Compare the price quotes to the premium of your current policy to determine if switching companies saves money. If you find a better price and make a switch, make sure coverage is continuous and does not lapse.

An important part of this process is to make sure you’re comparing the same physical damage deductibles and liability limits on every quote request and and to get prices from as many carriers as you can. This guarantees the most accurate price comparison and the best price selection.

More resources

• Credit Impacts Car Insurance Rates (State Farm)
• Who Has Cheap Auto Insurance Quotes for Veterans in Tulsa? (FAQ)
• How Much is Car Insurance for Uninsured Drivers in Tulsa? (FAQ)
• Choosing an Insurance Company (Insurance Information Institute)
• Coverage Information (Progressive Insurance)
• Older Driver Statistics (Insurance Information Institute)