Cheaper 2008 Dodge Challenger Car Insurance Cost

Trying to find the cheapest insurance coverage rates for your Dodge Challenger? Are you tired of not being able to afford to buy car insurance? You are in the same boat as many other drivers.

Because you have many insurance coverage companies to choose from, it can be diffult for consumers to choose the lowest price company.

It is always a good idea to take a look at other company’s rates every six months because prices trend upward over time. Just because you had the lowest rates on Challenger coverage a couple years back the chances are good that you can find a lower rate today. Starting now, forget all the misinformation about insurance coverage because we’re going to show you how to quote online to find lower rates on insurance coverage.

Compare Insurance Coverage Costs

All major insurance coverage companies like Progressive, Allstate and Geico allow you to get prices on the web. Getting online rates is fairly straightforward as you just enter your personal and coverage information into the quote form. When the form is submitted, their rating system will order information on your driving record and credit history and quotes a price. This makes it a lot easier to compare rates but the time it takes to visit several different sites and enter the same data into a form is repetitive and time-consuming. Unfortunately, it is important to compare as many rates as possible if you are searching for the lowest possible prices on insurance coverage.

The easiest way to compare rates uses one simple form to obtain quotes from several different companies. It’s a real time-saver, eliminates form submissions, and makes online quotes much more efficient. As soon as you send your information, it gets priced and you can choose any or none of the quotes returned.

If the quotes result in lower rates, you simply finish the application and buy the policy. The entire process can be completed in a matter of minutes and may save quite a bit of money.

To find out how much you’re overpaying now, click here to open in new window and input your coverage information. If you have coverage now, it’s recommended you duplicate the insurance coverages identical to your current policy. Doing this assures you will receive an apples-to-apples comparison using the same coverage and limits.

Are you getting all your discounts?

The cost of insuring your cars can be expensive, but you may find discounts to help bring down the price. Certain discounts will be triggered automatically at the time of purchase, but a few need to be requested specifically before you get the savings.

  • Homeowners Discount – Owning a house may earn you a small savings because owning a home is proof that your finances are in order.
  • Sign Early and Save – Some insurance companies reward drivers for switching policies before your current policy expires. It can save you around 10%.
  • Military Discounts – Being deployed with a military unit could mean lower rates.
  • Discount for New Cars – Insuring a new car can cost up to 25% less since new cars are generally safer.
  • Senior Citizens – If you’re over the age of 55, you may be able to get a discount up to 10% on Challenger coverage.
  • Sign Online – Some insurance companies give back up to $50 for buying your policy over the internet.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and will save you 10% or more.
  • Driver’s Ed – Require your teen driver to complete a driver education course if it’s offered in school.
  • Passive Restraint Discount – Factory air bags may earn rate discounts of 20% or more.
  • Seat Belt Usage – Requiring all passengers to wear their seat belts can save up to 15% off your medical payments premium.

Keep in mind that most discount credits are not given to your bottom line cost. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like you could get a free insurance policy, you’re out of luck. But any discount will help reduce the cost of coverage.

A partial list of companies that may offer these money-saving discounts may include but are not limited to:

It’s a good idea to ask every prospective company what discounts are available to you. Savings might not be offered everywhere.

When might I need an agent?

When buying the right insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Each situation is unique so this has to be addressed. For example, these questions may help you determine whether you might need an agent’s assistance.

  • What is medical payments coverage?
  • Can my babysitter drive my car?
  • Do I need more liability coverage?
  • Why is insurance for a teen driver so high?
  • When do I need to add a new car to my policy?
  • What is covered by UM/UIM coverage?
  • Should I rate my 2008 Dodge Challenger as pleasure use or commute?
  • What discounts do I qualify for?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Dodge Challenger insurance rates can be determined by these details

Smart consumers have a good feel for the factors that help determine your insurance coverage rates. Knowing what determines base rates enables informed choices that will entitle you to much lower annual insurance costs.

The following are a partial list of the pieces insurance coverage companies consider when setting prices.

  • A lapse in coverage is a bad thing – Letting your insurance expire is a fast way to increase your insurance coverage rates. And not only will your rates increase, getting caught without coverage might get you a revoked license or a big fine.Then you may be required to file a SR-22 with your state department of motor vehicles.
  • Extra coverages can waste money – There are a ton of extra coverages that you can buy if you aren’t careful. Coverages like personal injury protection, towing coverage and additional equipment coverage are some examples. These coverages may sound good initially, but now you might not need them so get rid of them and save.
  • Poor credit can mean higher rates – Credit score is a large factor in determining what you pay for insurance coverage. People with excellent credit tend to be more responsible as compared to drivers with lower credit scores. If your credit score is low, you could save money insuring your 2008 Dodge Challenger by improving your credit score.
  • Poor driving leads to higher costs – Your driving record has a big impact on rates. Good drivers tend to pay less for car insurance than their less careful counterparts. Only having one citation can increase rates forty percent or more. Drivers who get dangerous violations like DWI, reckless driving or hit and run convictions may be required to file a SR-22 with their state motor vehicle department in order to prevent a license revocation.
  • Do you know your deductibles? – Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, protects your Dodge from damage. Some examples of claims that would be covered would be collision with another vehicle, collision with an animal, and windstorm damage. Deductibles for physical damage are the amount of money you are required to spend out-of-pocket before your insurance coverage pays a claim. The more the insured has to pay upfront, the less your insurance coverage will be on Challenger coverage.

Insurance ads bend the truth

Companies like Progressive, Allstate and Geico consistently run television and radio advertisements. All the ads have a common claim that you’ll save big if you change your coverage to them. How can each company say the same thing?

Insurance companies are able to cherry pick for the type of customer that is profitable for them. For instance, a desirable insured could be over the age of 50, has no driving citations, and has excellent credit. A customer who meets those qualifications will qualify for the lowest rates and as a result will probably pay quite a bit less when switching companies.

Consumers who don’t qualify for these standards will be quoted a higher premium and this can result in business going elsewhere. Company advertisements say “drivers who switch” not “people who quote” save that much. That is how insurance companies can confidently claim big savings.

This emphasizes why drivers must get as many comparisons as possible. It is impossible to predict which insurance companies will provide you with the cheapest Dodge Challenger insurance rates.

Coverages available on your insurance policy

Having a good grasp of your policy can be of help when determining appropriate coverage for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy. These are typical coverage types found on the average insurance policy.

Collision coverages – This covers damage to your Challenger from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as rolling your car, colliding with another moving vehicle, damaging your car on a curb and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your 2008 Dodge Challenger.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Medical expense coverage – Coverage for medical payments and/or PIP provide coverage for expenses such as X-ray expenses, nursing services, rehabilitation expenses and doctor visits. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. It covers both the driver and occupants as well as getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Liability coverage – Liability insurance provides protection from injuries or damage you cause to other people or property that is your fault. It protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as medical services, pain and suffering, bail bonds and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive protection – This covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like hitting a deer, damage from a tornado or hurricane and fire damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

In the end, you save

Cheaper 2008 Dodge Challenger insurance is possible both online and also from your neighborhood agents, so compare prices from both to get a complete price analysis. Some car insurance companies may not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

As you go through the steps to switch your coverage, never reduce coverage to reduce premium. There have been many situations where an accident victim reduced liability coverage limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy a smart amount of coverage at an affordable rate while still protecting your assets.

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