1997 Dodge Viper Insurance Cost – 5 Tricks for Cheaper Prices

Searching for cheaper insurance coverage rates for your Dodge Viper? Nobody I know looks forward to buying insurance coverage, particularly when their premiums are through the roof.

Companies like State Farm, Progressive and Geico persitently shower you with ads and it is difficult to avoid their marketing magic and effectively compare rates to find the best deal.

You should take the time to compare rates quite often due to the fact that insurance rates are constantly changing. Even if you think you had the best price on Viper coverage a few years ago there is a good chance you can find better rates now. Forget all the misinformation about insurance coverage because we’re going to demonstrate the best way to properly buy coverages while reducing your premium.

Take these five discounts and save

Companies that sell car insurance don’t necessarily list every discount in a way that’s easy to find, so here is a list both well-publicized and the harder-to-find car insurance savings.

  • Discount for Life Insurance – Companies who offer life insurance give lower rates if you buy auto and life insurance together.
  • Club Memberships – Belonging to a professional or civic organization could trigger savings when shopping for car insurance on Viper coverage.
  • Payment Method – By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Defensive Driving Course – Taking part in a driver safety course can save you 5% or more if you qualify.
  • Driver’s Ed – Cut your cost by having your teen driver successfully complete driver’s ed class if offered at their school.

As a disclaimer on discounts, most of the big mark downs will not be given the the whole policy. Some only apply to specific coverage prices like collision or personal injury protection. So even though it sounds like all the discounts add up to a free policy, companies don’t profit that way.

To see a list of insurers offering car insurance discounts, click here to view.

Which policy gives me the best coverage?

When it comes to choosing the best insurance coverage coverage, there is no “best” method to buy coverage. Every insured’s situation is different and your policy should reflect that. Here are some questions about coverages that may help highlight if your situation might need professional guidance.

  • What discounts do I qualify for?
  • Is my dog or cat covered if injured in an accident?
  • Will filing a claim cost me more?
  • How can I get my company to pay me more for my totalled car?
  • Do I really need UM/UIM coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • Can I rate high risk drivers on liability-only vehicles?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • How do I buy GAP insurance?
  • Should I put collision coverage on all my vehicles?

If it’s difficult to answer those questions then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area.

Are car insurance companies telling the truth?

Car insurance companies such as State Farm, Allstate and Geico regularly use television and radio advertisements. They all seem to make the same claim that you’ll save big if you move your coverage to them. But how can every company make the same claim? It’s all in the numbers.

Different companies have a certain “appetite” for the driver they prefer to insure. An example of a preferred risk could possibly be between 30 and 50, owns a home, and has great credit. A driver that hits that “sweet spot” will get the preferred rates and therefore will cut their rates substantially.

Potential customers who don’t qualify for the “perfect” profile will have to pay more money which leads to business not being written. The ad wording is “customers who switch” not “everyone that quotes” save that kind of money. This is how insurance companies can make the claims of big savings. Because of the profiling, you absolutely need to get a wide range of price quotes. It’s just too difficult to predict the company that will have the lowest Dodge Viper insurance rates.

Auto insurance 101

Understanding the coverages of a insurance policy aids in choosing appropriate coverage for your vehicles. Insurance terms can be impossible to understand and coverage can change by endorsement. Below you’ll find the normal coverages found on the average insurance policy.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as prosthetic devices, doctor visits and nursing services. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers you and your occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Liability insurance

This coverage provides protection from injuries or damage you cause to a person or their property that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against claims such as bail bonds, repair bills for other people’s vehicles, emergency aid, loss of income and repair costs for stationary objects. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Auto collision coverage

Collision insurance will pay to fix damage to your Viper resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like crashing into a ditch, scraping a guard rail, hitting a mailbox and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like hitting a deer, hail damage and damage from a tornado or hurricane. The most your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured or underinsured coverage

This gives you protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Dodge Viper.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Saving money is sweet as honey

We’ve covered many ideas to reduce 1997 Dodge Viper insurance prices online. The key concept to understand is the more quotes you get, the better your comparison will be. Drivers may discover the biggest savings come from a smaller regional carrier. These smaller insurers can often insure niche markets at a lower cost than the large multi-state companies such as State Farm or Progressive.

When trying to cut insurance costs, make sure you don’t buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured cut full coverage and learned later that the savings was not a smart move. Your focus should be to find the BEST coverage at a price you can afford.

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