2006 Dodge Magnum Car Insurance Quotes

Sick and tired of trying to scrape together enough money to insure your Dodge every month? You are no different than many other drivers. Online insurance companies like State Farm, Farmers Insurance, Geico and Allstate persitently shower you with ads and consumers find it hard to ignore the propoganda and do the work needed to find the best deal.

If you have a current car insurance policy or are shopping for new coverage, you can use these techniques to cut your premiums while maintaining coverages. Buying car insurance is not that difficult. Drivers just need to understand the most effective way to compare company rates online.

Finding Insurance Coverage

Effectively comparing insurance coverage prices can take hours if you aren’t aware of the most efficient way to do it. You could spend the better part of a day discussing policy coverages with insurance agencies in your area, or you could save time and use the internet to accomplish the same thing much quicker.

Most of the best insurance companies belong to a marketplace that allows shoppers to enter their policy data once, and every company then gives them pricing for coverage. This eliminates the need for quotation requests to each company. To find out how much you’re overpaying now click to open in new window.

The one downside to using this type of form is that consumers can’t choose the companies you will receive quotes from. So if you prefer to pick individual companies to compare rates, we have assembled a list of the cheapest insurance coverage companies in your area. Click to view list.

It doesn’t matter which method you choose, just be sure to compare exactly the same coverage information with each company. If you compare different values for each quote then you won’t be able to make an equal comparison.

Discounts are basically free money

Car insurance is not cheap, but there could be available discounts to cut the cost considerably. Some discounts apply automatically when you get a quote, but lesser-known reductions have to be requested specifically in order for you to get them. If they aren’t giving you every credit available, you are throwing money away.

  • Multiple Policy Discount – If you have multiple policies with one insurance company you will save up to 20% off your total premium.
  • Payment Method – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
  • Auto/Life Discount – Select insurance companies reward you with a break if you buy auto and life insurance together.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Passive Restraint Discount – Factory air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
  • Own a Home – Owning a house may trigger a car insurance policy discount because owning a home is proof that your finances are in order.
  • Early Switch Discount – A few companies offer discounts for buying a policy prior to your current policy expiring. It’s a savings of about 10%.

It’s important to understand that most of the big mark downs will not be given the the whole policy. The majority will only reduce specific coverage prices like collision or personal injury protection. Just because you may think all the discounts add up to a free policy, it just doesn’t work that way. But any discount will cut your overall premium however.

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

These factors can influence what you pay for Dodge Magnum insurance

Smart consumers have a good feel for some of the elements that play a part in calculating the rates you pay for car insurance. Knowing what impacts premium levels enables informed choices that will entitle you to better car insurance rates.

  • Better crash test results mean better rates – Vehicles with good safety scores are cheaper to insure. Safe vehicles have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Dodge Magnum earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Don’t let your coverage lapse – Driving your car without having proper coverage is illegal and car insurance companies will penalize you for letting your insurance expire. And not only will insurance be more expensive, getting caught without coverage might get you a license revocation or jail time.
  • Consolidate policies to earn discounts – Most car insurance companies provide better rates to insureds who have multiple policies with them. It’s known as a multi-policy discount. Discounts can amount to ten or even up to twenty percent in some cases. Even with this discount, it’s in your best interest to compare rates to verify if the discount is saving money. You may still be able to find a better deal by splitting coverages up.
  • Credit scores impact car insurance rates – Your credit score is a important factor in your rate calculation. Therefore, if your credit is lower than you’d like, you could be paying less to insure your 2006 Dodge Magnum by repairing your credit. People with high credit scores tend to be more responsible than drivers with poor credit.
  • Optional equipment can affect rates – Driving a car that has an advanced theft prevention system can help bring down rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your car from being stolen.

Which insurance is the “right” coverage?

When choosing coverage for your vehicles, there really is not a one size fits all plan. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions might help in determining whether your personal situation would benefit from an agent’s advice.

  • Am I covered if I hit a deer?
  • Is extra glass coverage worth it?
  • Does coverage extend to Mexico or Canada?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is my 2006 Dodge Magnum covered for flood damage?
  • Is my camper covered by my car insurance policy?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Advertising myths

Consumers can’t ignore all the ads for car insurance savings from companies such as Allstate, Geico and Progressive. All the ads make the same claim that you can save if you change your policy.

But how can every company make the same claim?

Insurance companies have a certain “appetite” for the right customer they prefer to insure. For instance, a driver they prefer could possibly be between the ages of 40 and 55, is a homeowner, and chooses high deductibles. A driver who meets those qualifications will get very good rates and is almost guaranteed to save a lot of money.

Consumers who don’t meet these standards will be quoted higher rates which usually ends up with the customer not buying. The ads state “customers that switch” not “people who quote” save that much. That is how companies can truthfully make the claims of big savings.

This emphasizes why you should get as many comparisons as possible. It’s just too difficult to predict which insurance companies will give you the biggest savings on Dodge Magnum insurance.

What insurance coverages do you need?

Having a good grasp of a insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types found on most insurance policies.

Comprehensive (Other than Collision)

Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like a broken windshield, fire damage and hitting a deer. The maximum payout your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your 2006 Dodge Magnum.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Usually these limits are similar to your liability insurance amounts.

Liability coverage

This can cover injuries or damage you cause to a person or their property that is your fault. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as structural damage, funeral expenses, legal defense fees, medical services and court costs. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like sustaining damage from a pot hole, crashing into a ditch, hitting a parking meter and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as chiropractic care, rehabilitation expenses, prosthetic devices, hospital visits and X-ray expenses. The coverages can be utilized in addition to your health insurance policy 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 coverage is not an option in every state but can be used in place of medical payments coverage

Have the Midas touch

As you shop your coverage around, don’t be tempted to sacrifice coverage to reduce premiums. In many cases, an insured cut physical damage coverage only to regret that a couple dollars of savings turned into a financial nightmare. The proper strategy is to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

We just showed you a lot of ways to reduce 2006 Dodge Magnum insurance prices online. It’s most important to understand that the more providers you compare, the better likelihood of reducing your rate. You may even discover the best price on car insurance is with the least-expected company. They can often provide lower rates in certain areas compared to the large companies like Geico and State Farm.

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