Cheap 2002 Chrysler Sebring Insurance Cost

Are you sick and tired of being strong-armed to insure your Chrysler every month? You are in the same boat as the majority of other car owners.

Numerous insurers battle for your hard-earned dollar, so it can be very hard to choose a insurance company to discover the definitive lowest cost out there.

Comprehensive Auto Insurance Comparison

When shopping for auto insurance there are multiple ways to compare rate quotes from local auto insurance companies. The easiest way by far to compare 2002 Chrysler Sebring insurance prices consists of obtaining rate quotes online. This can be done in a couple of different ways.

  • The single most time-saving way to get quotes for comparison is an all-inclusive rate comparison like this one (opens in new window). This type of form prevents you from having to do a different quote for each company you want a rate for. Just one form compares rates direct from many companies.
  • Another way to compare prices consists of visiting the website for every company you want to comare and fill out their own quote form. For examples sake, we’ll assume you want to compare rates from Progressive, State Farm and Geico. To get each rate you have to spend time on each company’s site and enter your policy data, which is why most consumers use the first method. To view a list of companies in your area, click here.

It’s up to you how you get prices quotes, just make absolute certain that you use the exact same coverages and limits for every quote you compare. If you enter different limits and deductibles on each one it’s impossible to determine the best price for your Chrysler Sebring. Having just a slight variation in insurance coverages could mean much higher rates. And when comparing auto insurance rates, know that having more price comparisons will improve the odds of getting the best offered rates.

Discounts are basically free money

The price of auto insurance can be rather high, but there could be available discounts that you may not even be aware of. Certain discounts will be applied at the time of purchase, but less common discounts must be asked about in order for you to get them.

  • Seat Belt Usage – Using a seat belt and requiring all passengers to use their safety belts can save up to 15% off the personal injury premium cost.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles can reduce accidents and earn discounts up to 10%.
  • No Charge for an Accident – A few companies permit an accident before hitting you with a surcharge as long as you don’t have any claims for a certain period of time.
  • Accident Free – Drivers with accident-free driving histories can save substantially when compared with bad drivers.
  • Military Discounts – Being on active duty in the military may qualify for rate reductions.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in school.
  • Low Mileage Discounts – Keeping the miles down on your Chrysler can qualify you for a substantially lower rate.
  • Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you can actually save on your bill.

Keep in mind that most credits do not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as collision or personal injury protection. So when the math indicates it’s possible to get free car insurance, it just doesn’t work that way. Any qualifying discounts will bring down your overall premium however.

To see a list of insurance companies with discount insurance coverage rates, follow this link.

Chrysler Sebring insurance premiums are calculated by many factors

It’s important that you understand some of the elements that help determine the price you pay for insurance. Knowing what determines base rates enables informed choices that will entitle you to big savings.

  • High crash test scores lower rates – Safer cars tend to have better insurance rates. These vehicles result in less severe injuries and lower injury rates means less money paid by your insurance company and thus lower rates. If the Chrysler Sebring is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Multi-policy discounts can save money – The majority of insurance companies give discounts to insureds who carry more than one policy, otherwise known as a multi-policy discount. If you currently are using one company, it’s in your best interest to shop around to confirm you are receiving the best rates possible. Consumers may find a better deal by buying insurance from a different company.
  • Are you male or female? – Statistics demonstrate women tend to be less risk to insure than men. However, this does not mean men are WORSE drivers than women. Both sexes cause accidents at about the same rate, but the men have costlier accidents. Men also statistically get cited for more serious violations such as DWI and reckless driving. Youthful male drivers are most likely to cause an accident and thus pay the highest rates.
  • Your job and insurance rates – Did you know your occupation can influence how much you pay for insurance? Occupations like lawyers, social workers and stock brokers tend to have the highest rates attributed to stressful work requirements and long work days. On the other hand, occupations such as pilots, students and performers receive lower rates on Sebring coverage.
  • Small claims can cost you – If you frequently file small claims, you can expect either policy cancellation or increased premiums. Insurance companies generally give lower rates to insureds who are claim-free. Your insurance policy is intended for the bigger claims that can’t be paid out-of-pocket.

Which insurance is the “right” coverage?

When choosing coverage, there isn’t really a one size fits all plan. Every insured’s situation is different so this has to be addressed. For instance, these questions may help highlight if your insurance needs would benefit from an agent’s advice.

  • Which companies will insure high-risk drivers?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered if I drive in a foreign country?
  • Do I need replacement cost coverage?
  • Am I covered when driving on a suspended license?
  • Can I make deliveries for my home business?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier

Advertising myths

Companies like Allstate, Geico and Progressive constantly bombard you with television and radio advertisements. All the ads make the same claim that you’ll save big if you switch to them. But how can every company make the same claim?

All companies are able to cherry pick for the driver that is profitable for them. For example, a profitable customer might be profiled as between 25 and 40, owns a home, and has great credit. A propective insured who matches those parameters is entitled to the best price and most likely will save a lot of money.

Potential insureds who don’t measure up to these standards will be quoted a more expensive rate which usually ends up with the driver buying from a lower-cost company. Company advertisements say “people who switch” but not “drivers who get quotes” save that much. That’s why insurance companies can confidently advertise the savings.

This emphasizes why drivers must get as many quotes as possible. It is impossible to predict which insurance companies will fit your personal profile best.

Coverages available on your auto insurance policy

Learning about specific coverages of your auto insurance policy can be of help when determining the best coverages for your vehicles. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are the usual coverages found on the average auto insurance policy.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as chiropractic care, rehabilitation expenses and hospital visits. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured or underinsured coverage

This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these coverages are identical to your policy’s liability coverage.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a bird, damage from getting keyed, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto liability

Liability coverage can cover damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as medical expenses, repair bills for other people’s vehicles, pain and suffering, attorney fees and structural damage. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverage

This coverage covers damage to your Sebring caused by collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as crashing into a building, driving through your garage door, sideswiping another vehicle and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Don’t break the bank

You just read many ideas to get a better price on 2002 Chrysler Sebring insurance. It’s most important to understand that the more price quotes you have, the better likelihood of reducing your rate. Drivers may discover the lowest rates come from some of the lesser-known companies. Some small companies often have lower prices on specific markets than the large multi-state companies such as Allstate, Geico and Progressive.

As you go through the steps to switch your coverage, don’t be tempted to skimp on coverage in order to save money. In many instances, someone dropped collision coverage to discover at claim time they didn’t purchase enough coverage. Your aim should be to buy enough coverage at the best price, not the least amount of coverage.

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