2010 Dodge Challenger Insurance Rates

I can’t think of anyone who looks forward to paying for insurance coverage, particularly when the cost is way too high.

Companies like State Farm, Progressive and Geico promote their brand names with advertising and it is difficult to see past the geckos and flying pigs and find the best price available.

It is always a good idea to take a look at other company’s rates on a regular basis due to the fact that insurance rates tend to go up over time. Just because you had the lowest price on Challenger insurance six months ago you can probably find a lower rate today. Forget all the misinformation about insurance coverage because you’re about to find out the easiest way to lower your rates without sacrificing coverage.

If you currently have a car insurance policy, you should be able to cut costs considerably using these techniques. Finding affordable coverage is not rocket science. Although consumers should learn the methods companies use to price insurance differently because it can help you find the best coverage.

Discounts to lower 2010 Dodge Challenger insurance rates

Car insurance companies don’t always advertise every available discount very well, so here is a list some of the more common and the more hidden insurance savings.

  • Auto/Life Discount – Companies who offer life insurance give a break if you buy auto and life insurance together.
  • Memberships – Belonging to a qualifying organization could trigger savings when shopping for insurance on Challenger insurance.
  • Distant Student – Youth drivers living away from home attending college and do not have a car can receive lower rates.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use their safety belts could save 15% off your medical payments premium.
  • Anti-theft Discount – Anti-theft and alarm systems prevent vehicle theft and therefore earn up to a 10% discount.

Consumers should know that most credits do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as medical payments or collision. Even though it may seem like you can get free auto insurance, it doesn’t quite work that way.

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

Factors determining your Dodge Challenger insurance premium

An important part of buying insurance is that you know the rating factors that play a part in calculating the rates you pay for insurance. When you know what positively or negatively determines base rates allows you to make educated decisions that will entitle you to better insurance rates.

Shown below are some of the factors companies use to determine prices.

  • Safer cars are cheaper to insure – Vehicles with good safety scores are cheaper to insure. Safer cars have better occupant injury protection and any reduction in injury severity translates into savings for insurance companies and more competitive rates for policyholders. If your Dodge Challenger has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Liability coverage is peace of mind – Your policy’s liability coverage will protect you if ever a jury decides you are liable for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court which can be incredibly expensive. This coverage is very inexpensive as compared to coverage for physical damage, so do not skimp.
  • Traffic violations increase rates – Only having one ticket can increase rates by twenty percent. Good drivers tend to pay less for car insurance than their less careful counterparts. Drivers with dangerous tickets such as DWI, reckless driving or hit and run convictions are required to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent a license revocation.
  • Don’t buy coverages you don’t need – There are quite a few extra coverages that you can get tricked into buying on your 2010 Challenger policy. Coverages for vanishing deductibles, accidental death and membership fees are some examples. These coverages may sound good when talking to your agent, but your needs may have changed so eliminate them to save money.
  • Never allow your policy to lapse – Driving your car without having proper coverage can get your license suspended and as a result your rates will increase for letting your insurance expire. Not only will rates go up, getting caught without coverage might get you a license revocation or jail time.
  • Do men or women drive better? – Statistics have proven women tend to be less risk to insure than men. Now that doesn’t mean women are BETTER drivers than men. They both are in accidents at about the same rate, but the males tend to have more serious accidents. They also get more serious tickets such as reckless driving.

Tailor your coverage to you

When choosing the right insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Every situation is different so this has to be addressed. These are some specific questions may help highlight whether you would benefit from an agent’s advice.

  • Am I covered if I crash into my own garage door?
  • What happens if I owe more than my 2010 Dodge Challenger is worth?
  • Am I covered if my car is in a flood?
  • What is PIP insurance?
  • Why do I need rental car insurance?
  • Does coverage extend to Mexico or Canada?
  • I have a DUI can I still get coverage?
  • Does coverage extend to my business vehicle?
  • How can I find cheaper teen driver insurance?
  • Should I have combined single limit or split liability limits?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier

How can Progressive, Allstate and Geico save drivers who switch?

Insurance providers like Progressive, Allstate and Geico continually stream ads on television and other media. They all say the same thing that you can save after switching your coverage to them. But how can every company make almost identical claims? It’s all in the numbers.

All the different companies have a preferred profile for the right customer that is profitable for them. A good example of a driver they prefer might be over the age of 50, has no prior claims, and has a short commute. A customer getting a price quote who matches those parameters will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Potential insureds who don’t measure up to this ideal profile will be quoted higher rates which leads to the customer not buying. The ads state “drivers who switch” not “everybody who quotes” save money. That’s why insurance companies can confidently advertise the way they do. This emphasizes why you absolutely need to compare as many rates as you can. You cannot predict which company will provide you with the cheapest Dodge Challenger insurance rates.

Car insurance coverages for a 2010 Dodge Challenger

Knowing the specifics of a car insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. These are typical coverages offered by car insurance companies.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for expenses like doctor visits, pain medications and chiropractic care. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Collision coverage

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

Collision coverage pays for things such as sideswiping another vehicle, sustaining damage from a pot hole, hitting a mailbox and colliding with a tree. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to choose a higher deductible to bring the cost down.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive coverages

This coverage pays for damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hitting a deer, hail damage and a tree branch falling on your vehicle. The highest amount a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for liability

This coverage provides protection from damage that occurs to other people or property in an accident. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like repair bills for other people’s vehicles, emergency aid and funeral expenses. How much liability should you purchase? That is your choice, but buy as much as you can afford.

A tidy conclusion

We’ve covered a lot of ways to shop for 2010 Dodge Challenger insurance online. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. You may even discover the best prices are with a smaller regional carrier. These companies can often provide lower rates in certain areas than the large multi-state companies such as Progressive or Geico.

As you prepare to switch companies, you should never reduce needed coverages to save money. In too many instances, consumers will sacrifice full coverage only to regret that the few dollars in savings costed them thousands. The ultimate goal is to buy enough coverage at a price you can afford.

Lower-priced insurance can be bought from both online companies as well as from independent agents, and you should compare price quotes from both to have the best rate selection. Some auto insurance companies don’t offer the ability to get a quote online and most of the time these smaller companies sell through independent agents.

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