I recently did a research study on auto insurance for the Chevrolet Impala. I decided to get a good feel for how insurance companies work with new cars compared to classics. For each quote I researched, I decided to use the profile of a 27 year old single male. When the 2008 Impala Supersport was quoted, the recommended coverage held a rate of $240.22 per month or 1,208. in full. I then decided to review a quote for the infamous 1964 Impala. During the quote process I was asked to give the value of the car. I used 20,000 for the value and continued the quote. For the insurance coverage to paid in full, the 1964 Impala would run approximately $1,988, when paid in full, or $402 monthly. My conclusion for this study is to show customers the importance of shopping around when looking to insure a classic car. In this case, the insurance for the classic was nearly double that of the 2008 Impala. In general, shopping around can save shoppers up to 40%. If your interested in comparing auto insurance quotes with only having to only fill out one form, click here to begin quote.
