2001 Dodge Viper Car Insurance Rates

Want better auto insurance rates for your Dodge Viper? Having to pay for overpriced auto insurance can overdraw your savings account and make it impossible to make ends meet. Shopping your coverage around is free, only takes a few minutes, and is a good way to slash your bill and have more diposable income.

Drivers have so many car insurance companies to pick from, and although it’s nice to be able to choose, it can be more challenging to get the best deal.

It is always a good idea to check auto insurance prices once or twice a year because prices change quite often. If you had the best price for Viper coverage on your last policy you may be paying too much now. Starting right now, block out anything you think you know about auto insurance because it’s time to teach you one of the best ways to save on auto insurance.

Choosing the best insurance company for you is not rocket science. In a nutshell, everyone who is shopping for auto insurance will be able to cut their insurance bill. But drivers must comprehend how big insurance companies determine prices.

More discounts equal less premium

Auto insurance companies don’t always list every available discount in an easy-to-find place, so we took the time to find both well-publicized and the harder-to-find car insurance savings.

  • Drive Safe and Save – Insureds without accidents can get discounts for up to 45% lower rates for Viper coverage than drivers with accidents.
  • No Claims – Claim-free drivers can save substantially compared to accident-prone drivers.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles are safer to drive and therefore earn up to a 10% discount.
  • Low Mileage Discounts – Low mileage vehicles could qualify for better rates on cars that stay parked.
  • Multi-car Discount – Buying coverage for more than one vehicle on one policy could earn a price break for each car.
  • College Student – Children who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • Sign Online – A handful of insurance companies will discount your bill up to fifty bucks for buying your policy online.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like you would end up receiving a 100% discount, car insurance companies aren’t that generous.

For a list of providers with the best car insurance discounts, follow this link.

Insurance Quote Comparison

The are a couple different ways to get quotes from different insurance companies. The best method to compare 2001 Dodge Viper insurance prices is simply to get online rate quotes. This can be done using a couple different methods.

  • The best way consumers can analyze rates is an all-inclusive rate comparison click to view form in new window. This method prevents you from having to do separate quotation requests for each company. Completing one form gets you coverage quotes from multiple companies.
  • A more time consuming way to compare prices is to take the time to go to the website for each individual company and request a quote. For examples sake, let’s assume you want to compare Progressive, Esurance and Travelers. To get rate quotes you would need to go to every website to enter your coverage information, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

  • The least efficient method of getting rate comparisons is to spend time driving to local insurance agencies. The internet eliminates the need for an insurance agent unless you prefer the personal advice only provided by licensed agents. However, consumers can find lower rates online but buy from a local insurance agent and you’ll learn how to do that later.

It’s up to you which method you use, but ensure you’re using identical coverage limits for every company. If each company quotes differing limits it will be impossible to truly determine the lowest rate. Slightly different insurance coverages may cause a big price difference. And when price shopping your coverage, having more price comparisons helps you find lower pricing.

Dodge Viper rate determination is complex

Smart consumers have a good feel for the rating factors that come into play when calculating the rates you pay for auto insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that may reward you with better auto insurance rates.

  • Men fork out a little more – The statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that women are BETTER drivers than men. They both cause accidents at about the same rate, but the men cause more damage. Men also statistically have more aggressive citations like DUI and reckless driving. Youthful male drivers are the most expensive to insure and therefore have the most expensive auto insurance rates.
  • Do you qualify for a multi-policy discount? – Many auto insurance companies give discounts to people who have multiple policies with them in the form of a multi-policy discount. Even though this discount sounds good, it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible.
  • More people means more accidents – Living in small towns and rural areas has it’s advantages when talking about auto insurance. Urban drivers have to deal with congested traffic and longer commutes to work. Fewer people means fewer accidents as well as less vandalism and auto theft.
  • A clean driving record saves money – Good drivers have lower premiums than bad drivers. Only having one citation can increase rates by as much as thirty percent. If you have serious violations such as DWI, reckless driving or hit and run convictions may find they need to file a SR-22 with their state motor vehicle department in order to continue driving.

It’s not one size fits all

When it comes to buying adequate coverage, there really is not a best way to insure your cars. Everyone’s needs are different and your policy should reflect that. For instance, these questions can aid in determining whether you will benefit from professional help.

  • When can I cancel my policy?
  • Can my teen driver be rated on a liability-only vehicle?
  • What if I total my 2001 Dodge Viper and owe more than it’s worth?
  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered if I crash into my own garage door?
  • I have a DUI can I still get coverage?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

Don’t be fooled by advertising claims

Auto insurance companies such as State Farm, Allstate and Geico continually stream television and radio advertisements. They all seem to have a common claim of big savings after switching to their company. How does each company claim to save you money?

Different companies have a preferred profile for the type of driver that earns them a profit. For instance, a profitable customer might be profiled as a mature driver, has no driving citations, and has excellent credit. Any driver who matches those parameters will get very good rates and is almost guaranteed to pay quite a bit less when switching companies.

Potential insureds who are not a match for the requirements will have to pay more money which leads to the customer not buying. The ad wording is “customers who switch” but not “drivers who get quotes” save that much money. That’s why insurance companies can confidently advertise the way they do. Because of the profiling, drivers should compare as many rates as you can. It is impossible to predict which auto insurance company will have the lowest Dodge Viper insurance rates.

Auto insurance coverage basics

Knowing the specifics of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverages found on most auto insurance policies.

Liability coverage

Liability coverage will cover damage that occurs to people or other property that is your fault. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for things like structural damage, medical services, repair costs for stationary objects and bail bonds. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

UM/UIM Coverage

This provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Dodge Viper.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hail damage, theft and hitting a bird. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as ambulance fees, EMT expenses, hospital visits and doctor visits. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Coverage for collisions

Collision coverage will pay to fix damage to your Viper from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like hitting a parking meter, sustaining damage from a pot hole, colliding with another moving vehicle, crashing into a ditch and hitting a mailbox. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Another option is to increase the deductible to get cheaper collision coverage.

Smart consumers save more

When shopping online for insurance coverage, it’s a bad idea to skimp on coverage in order to save money. Too many times, drivers have reduced comprehensive coverage or liability limits and found out when filing a claim that the savings was not a smart move. Your goal should be to purchase plenty of coverage at the best price while still protecting your assets.

Cheaper 2001 Dodge Viper insurance can be bought from both online companies as well as from independent agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who don’t offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.

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