The Chevrolet Impala rolled into town in 1958 and gave Americans a new choice in the field of luxury sedans. Over the years the Impala has grown smaller in size but continues to be a top choice for people seeking full size sedans. The available 5.3 liter V8 engine gives this car plenty of power and the spacious trunk means that there’s still plenty of space for groceries, luggage or gear. Some cities are also choosing the Impala for their police force and it continues to be a popular choice for families. Here are the factors affecting insurance premiums on the Impala.
The Impala is offered in three different trim levels. The basic model is the LS, while the LTZ has all the features you might ever want. The LT models fall somewhere in between the two, so drivers have a wide range of options available to them. Keep in mind, however, that higher trim levels will cost a little more to insure. This is because the insurance company knows that they might have to pay for those extra features should the car be in an accident. However, this difference in insurance cost is typically only a few dollars. You may decide that you’ll happily pay the small insurance difference to enjoy the extra luxury offered by the LTZ.
Safe cars cost insurance companies less money in medical bills. For this reason, they typically charge slightly lower premiums for cars that feature plenty of life-saving devices. The Impala is an insurance company pleaser with its antilock brakes, front seat side airbags and side curtain airbags. The car also keeps drivers safer by including stability and traction control.
It’s not just vehicle buyers who care about a cars crash test ratings; the insurance companies also look at this information. Cars with higher crash test ratings will enjoy slightly lower ratings. The Impala scores an impressive 9.4 out of 10 for crash ratings. It earned 5 out of 5 stars for front-impact tests and driver’s side impact tests. The side rear passenger tests and rollover ratings both scored 4 stars.
The Impala has been around for a long time and parts for it are readily available. Repairing the Impala after an accident will cost about the same as repairs on other sedans. This is important when it comes to the cost of insurance. Many import models are notoriously expensive to repair, and that drives up the cost of insuring the auto. Choosing a domestic model, especially one with a long, rich history like the Impala, helps you to keep the insurance cost low.
Insurance companies have certain models that they deem more likely to be involved in speeding and other risky activities. The Impala has a sporty look, but it's not defined as a sports car. Its family friendly reputation helps to keep the insurance costs low.
Your personal driving history will impact how much you are charged for insurance on your Impala. If you feel that the rates could be lower, consider talking to your insurance company about taking safe driving courses. Doing so can help lower your premiums, as well as making you a better driver.
It’s sad to note, but where you live affects the insurance rates. Some states pay more based on local laws, how many lawsuits in the area insurance companies have to fight and other details. If you are living in California, Georgia or another state that has slightly higher rates, talk to your company and ask if there’s anything you can do to bring the rates down slightly. One option is to choose a higher deductible so you can bring premiums down.
The Impala has a high risk of being stolen, according to the National Insurance Crime Bureau. This can bump up the rates on your car, but you can work to bring them back down by investing in a car alarm. If your Impala didn’t come with an alarm, see about having one installed. Then call your insurance company and ask for a discount.
The average cost of insurance for an Impala is just shy of $100 a month. This number will go up or down depending on the state you live in and your driving history. Be sure to ask about all available discounts, including those for safety features and anti-theft devices. Once you have your Impala insured and have taken advantage of all available discounts you will be ready to enjoy driving your new car.