Lower Your 2009 Dodge Viper Insurance Rates

Trying to find cheaper auto insurance rates for your Dodge Viper? Nobody likes paying for auto insurance, especially when they are paying too much.

There is such a variety of car insurance companies to purchase coverage from, and although it’s nice to have multiple companies, having more auto insurance companies makes it harder to find a good deal.

Finding affordable coverage is not that difficult. If you are paying for car insurance now, you will most likely be able to cut costs considerably using these tips. Although vehicle owners must comprehend how big insurance companies determine prices.

Dodge Viper rates influenced by many factors

It’s important that you understand some of the elements that go into determining the rates you pay for auto insurance. Knowing what impacts premium levels empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

Listed below are some of the items used by your company to calculate prices.

  • Choose a safe vehicle and save – Vehicles with good safety scores are cheaper to insure. These vehicles protect occupants better and better occupant protection translates into savings for insurance companies and thus lower rates. If your Dodge Viper has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Men pay higher rates – Statistics demonstrate that men are more aggressive behind the wheel. That doesn’t necessarily mean that women are better drivers. Men and women have accidents at a similar rate, but the men cause more damage. Men also statistically receive more costly citations such as DWI and reckless driving. Young males tend to get in the most accidents and therefore have the most expensive auto insurance rates.
  • Older drivers save more – Teenage drivers are known to be more careless when driving so auto insurance rates are higher. Having to add a teen driver to your auto insurance policy can be very expensive. More mature drivers are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations.
  • Special features that cut premiums – Driving a car with an alarm system can help bring down rates. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
  • Your location is important – Choosing to live in small towns and rural areas can be a good thing when insuring your vehicles. Lower population means reduced accidents. Drivers in populated areas regularly have much more traffic to deal with and much longer commute distances. Higher commute times can result in more accidents.
  • Your credit rating is important – Credit score is a huge factor in determining your rates. People with good credit tend to be more responsible than drivers with lower credit ratings. If your credit rating is low, you could pay less to insure your 2009 Dodge Viper by improving your credit score.
  • Don’t cancel a policy without a new one in place – Allowing your auto insurance policy to lapse is a sure-fire way to pay more for auto insurance. Not only will you pay more, but being ticketed for driving with no insurance might get you a revoked license or a big fine.
  • Discounts for married couples – Having a spouse can get you a discount on auto insurance. Marriage translates into being more mature and responsible it has been statistically shown that married drivers get in fewer accidents.

How to save on Dodge Viper insurance

Companies that sell car insurance don’t always publicize all their discounts very clearly, so we break down some of the more common and the harder-to-find savings tricks you should be using.

  • Own a Home – Owning a house can help you save on car insurance due to the fact that maintaining a home is proof that your finances are in order.
  • Discount for Swiching Early – A few companies offer discounts for signing up before your current expiration date. The savings is around 10%.
  • Driver Safety – Taking a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
  • Save over 55 – Older drivers can possibly qualify for reduced rates for Viper coverage.
  • Accident Free – Claim-free drivers can save substantially when compared to drivers who are more careless.
  • New Car Discount – Putting insurance coverage on a new car can save up to 30% compared to insuring an older model.
  • Bundle and Save – When you have multiple policies with one company you could get a discount of approximately 10% to 15%.
  • Drivers Education – Have your child take driver’s ed class in high school.
  • Service Members Pay Less – Having a deployed family member may qualify for rate reductions.

It’s important to note that most discounts do not apply to your bottom line cost. Most only reduce specific coverage prices like liability, collision or medical payments. Just because you may think adding up those discounts means a free policy, you’re out of luck.

To see a list of providers offering car insurance discounts, follow this link.

Slick advertising tricks that work

Insurance providers like Progressive, Geico, Allstate and State Farm constantly bombard you with television and radio advertisements. They all make an identical promise of big savings if you switch to their company. How does each company make the same claim? This is how they do it.

Different companies have a preferred profile for the type of driver that makes them money. A good example of a preferred risk might be profiled as between the ages of 40 and 55, insures multiple vehicles, and has great credit. A customer who matches those parameters gets the lowest rates and most likely will cut their rates substantially.

Drivers who do not match these standards will be quoted more money which usually ends up with the customer not buying. The ads say “drivers who switch” not “people who quote” save that much money. That’s the way companies can truthfully make those claims. This emphasizes why drivers must get quotes from several different companies. It’s impossible to know which insurance company will provide you with the cheapest Dodge Viper insurance rates.

Tailor your coverage to you

When it comes to buying adequate coverage, there is no best way to insure your cars. Every insured’s situation is different so this has to be addressed. For instance, these questions might help in determining whether your personal situation would benefit from professional advice.

  • Do I need medical payments coverage since I have good health insurance?
  • Does my liability insurance cover pulling a trailer or camper?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Does my medical payments coverage pay my health insurance deductible?
  • When does my teenage driver need to be added to my policy?
  • If my pet gets injured in an accident are they covered?
  • When do I need to add a new car to my policy?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Insurance coverages and their meanings

Understanding the coverages of insurance aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages offered by insurance companies.

Coverage for collisions

This coverage covers damage to your Viper caused by collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like colliding with another moving vehicle, hitting a parking meter, hitting a mailbox and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

UM/UIM Coverage

This coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Dodge Viper.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Medical costs insurance

Med pay and PIP coverage provide coverage for bills such as nursing services, X-ray expenses, pain medications and surgery. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

Liability auto insurance

Liability coverage provides protection from damage or injury you incur to a person or their property in an accident. This insurance protects YOU from claims by other people, and 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 policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims like court costs, bail bonds, structural damage and pain and suffering. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, damage from getting keyed, vandalism, fire damage and theft. The most a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Do the work, save more money

As you prepare to switch companies, it’s not a good idea to sacrifice coverage to reduce premiums. In many instances, consumers will sacrifice comprehensive coverage or liability limits only to regret at claim time that it was a big error on their part. The aim is to get the best coverage possible for the lowest price while still protecting your assets.

Lower-priced 2009 Dodge Viper insurance is attainable from both online companies and with local insurance agents, so you should compare both to have the best chance of lowering rates. Some car insurance companies do not offer online quoting and most of the time these regional insurance providers sell through independent agents.

Throughout this article, we presented some good ideas how you can reduce insurance prices online. The most important thing to understand is the more companies you get rates for, the better your comparison will be. Consumers may even find the best prices are with some of the lesser-known companies. They can often provide lower rates in certain areas compared to the large companies like State Farm, Geico and Nationwide.

More tips and info about car insurance can be found by following these links: