Compare 2007 Dodge Magnum Car Insurance Quotes

Looking for lower insurance coverage rates for your Dodge Magnum? Overwhelmed by the sheer number of insurance coverage companies? Many other drivers are as well. You have so many options that it can be a real hassle to locate the lowest price.

How to Buy Insurance Coverage Online

There are several ways to compare rate quotes from insurance coverage companies in your area. The quickest method to find the lowest 2007 Dodge Magnum rates consists of shopping online. This can be done in a couple of different ways.

  1. One of the simplest ways to get the best comparison quotes is an all-inclusive rate comparison click to view form in new window. This method prevents you from having to do repetitive form submissions for each company you want a rate for. One form submission gets you coverage quotes from several companies.It’s the quickest way to get rates.
  2. A more difficult way to get comparison quotes requires visiting the website for every company you want to comare to complete a price quote. For examples sake, we’ll pretend you want comparison quotes from Allstate, Safeco and Geico. To get rate quotes you would need to go to every website and enter your information, which is why most consumers use the first method.

    For a list of links to insurance companies in your area, click here.

  3. The most time-consuming method to get comparison rates is driving to local insurance agencies. Shopping for insurance coverage online has reduced the need for local agents unless you prefer the professional guidance of a local agent. However, consumers can compare online quotes and still use a local agent. We’ll cover that shortly.

Whichever way you use, make darn sure you compare the exact same coverages and limits for every company. If the quotes have different deductibles you will not be able to make a fair comparison for your Dodge Magnum. Slightly different coverage limits can make a big difference in price. It’s important to know that getting more free quotes helps locate a lower rate.

Ads can be misleading

Companies like Geico, State Farm and Progressive regularly use television and radio advertisements. All the ads make the same claim that you can save if you move your policy. But how can every company say the same thing?

Insurance companies can use profiling for the type of driver they prefer to insure. A good example of a preferred risk might be profiled as between the ages of 40 and 55, insures multiple vehicles, and drives newer vehicles. A customer that hits that “sweet spot” will get the preferred rates and therefore will save when they switch companies.

Consumers who do not match the “perfect” profile will be charged higher premiums which leads to business not being written. Company advertisements say “drivers who switch” not “everybody who quotes” save that much. That is how companies can truthfully make those claims. That is why you need to quote coverage with many companies. It is impossible to predict which insurance companies will provide you with the cheapest Dodge Magnum insurance rates.

Why your Dodge Magnum insurance rates may be high

It’s important that you understand the rating factors that help determine car insurance rates. Understanding what impacts premium levels enables informed choices that can help you get much lower annual insurance costs.

The following are some of the items car insurance companies consider when setting your rates.

  • High credit ratings translate to low rates – Your credit history is a big factor in calculating your car insurance rates. Therefore, if your credit score is not that good, you could be paying less to insure your 2007 Dodge Magnum by improving your rating. Drivers with good credit tend to file fewer claims and have better driving records than drivers who have lower credit scores.
  • Do you know your deductibles? – Your deductibles define the amount you are willing to pay before your car insurance pays a claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, protects your car from damage. Examples of covered claims are running into the backend of another car, collision with an animal, and windstorm damage. The more you’re willing to pay, the less your company will charge you for insurance on Magnum insurance.
  • Safer cars are cheaper to insure – Vehicles with good safety scores can get you lower premiums. These vehicles have better occupant injury protection and any reduction in injury severity means less money paid by your insurance company and more competitive rates for policyholders. If your Dodge Magnum is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Older drivers save more – More mature drivers are more cautious drivers, tend to file fewer claims and tend to be better behind the wheel. Young drivers are statistically proven to be careless and easily distracted when driving therefore car insurance rates are much higher.

Get lower rates on Dodge Magnum insurance

Auto insurance companies don’t necessarily list every available discount in a way that’s easy to find, so we break down some of the more common and the harder-to-find insurance savings.

  • Safe Driver Discount – Insureds without accidents can pay as much as 50% less on Magnum insurance than drivers with accidents.
  • Lower Rates for Military – Being deployed with a military unit could mean lower rates.
  • Passive Restraints – Cars that have air bags or automatic seat belts can qualify for discounts of up to 25% or more.
  • Seat Belts Save more than Lives – Requiring all passengers to buckle their seat belts could cut 10% or more off your medical payments premium.
  • Resident Student – Children who attend school more than 100 miles from home and don’t have a car may be able to be covered for less.

It’s important to note that most discount credits are not given the the whole policy. Some only apply to specific coverage prices like comp or med pay. So despite the fact that it appears it’s possible to get free car insurance, insurance companies aren’t that generous.

To see a list of insurance companies who offer insurance discounts, click this link.

Tailor your coverage to you

When buying adequate coverage, there really is not a single plan that fits everyone. Everyone’s situation is unique.

For instance, these questions can help discover if your insurance needs might need professional guidance.

  • Am I covered if I wreck a rental car?
  • Can I rent a car in Mexico?
  • Will my insurance pay for OEM parts?
  • Can I afford low physical damage deductibles?
  • What exactly is covered by my policy?
  • When do I need to add a new car to my policy?
  • What should my uninsured motorist coverage limits be in my state?
  • Why do I only qualify for high-risk insurance?
  • Does my 2007 Dodge Magnum need full coverage?
  • Do I pay less for low miles?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, fill out this quick form.

Coverage specifics

Knowing the specifics of a insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.

Medical expense insurance

Med pay and PIP coverage kick in for immediate expenses for X-ray expenses, funeral costs, surgery and nursing services. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Liability coverages

This provides protection from damage that occurs to a person or their property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things like structural damage, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, hitting a deer, vandalism, a broken windshield and damage from a tornado or hurricane. The most a 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.

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as crashing into a building, crashing into a ditch, driving through your garage door, hitting a mailbox and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also bump up the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Take this to the bank

People change insurance companies for many reasons like questionable increases in premium, high prices, policy non-renewal and poor customer service. It doesn’t matter what your reason, switching companies can be pretty painless.

Cheap 2007 Dodge Magnum insurance is definitely available from both online companies in addition to many insurance agents, and you need to comparison shop both to get a complete price analysis. Some insurance providers do not provide online quoting and most of the time these regional insurance providers sell through independent agents.

When you buy insurance online, it’s a bad idea to buy lower coverage limits just to save a few bucks. There are too many instances where consumers will sacrifice liability limits or collision coverage and discovered at claim time they didn’t purchase enough coverage. Your goal should be to buy enough coverage at an affordable rate while still protecting your assets.

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