Are you intimidated by the wide range of insurance coverage company choices? You’re not alone. There are so many options available that it can turn into more work than you anticipated to find better rates.
You need to compare prices periodically since rates change regularly. Just because you had the best rates for Charger insurance a couple years back you will most likely find a better rate today. So ignore everything you know about insurance coverage because you’re about to learn how to use the internet to reduce your cost while increasing coverage.
Auto insurance companies don’t always list every available discount in an easy-to-find place, so we took the time to find both well-publicized and the harder-to-find discounts you could be receiving.
Drivers should understand that many deductions do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comp or med pay. So when the math indicates you would end up receiving a 100% discount, car insurance companies aren’t that generous.
Insurance companies that may offer these discounts may include but are not limited to:
Before buying, ask each company how you can save money. Some discounts may not be available in your area.
There are several ways to compare Dodge Charger insurance prices but some are less time-consuming than others. You could waste time talking about coverages with local insurance agents in your area, or you could use the internet to achieve your goal.
Most of the best insurance companies take part in a program that enables customers to submit one quote, and each company can give them a price based on that data. This eliminates the need for quote requests for each company.
To participate in this free quote system, click here to open in new window.
One minor caviat to using this type of form is you don’t know exactly the providers to receive prices from. If you would rather choose specific insurance companies to compare rates, we put together a list of the cheapest insurance companies in your area. Click here for list of insurance companies.
It’s up to you which method you use, but make sure you use apples-to-apples quote information with each company. If you have differing limits you can’t possibly find the best deal for your Dodge Charger. Just a small difference in coverage limits may cause a big price difference. Just keep in mind that having more price comparisons helps locate the best offered rates.
Consumers need to have an understanding of the factors that play a part in calculating the rates you pay for auto insurance. When you know what positively or negatively influences your rates helps enable you to make changes that may reward you with lower auto insurance prices.
Shown below are a partial list of the pieces that factor into rates.
When buying the best insurance coverage coverage, there really is not a cookie cutter policy. Everyone’s situation is a little different.
Here are some questions about coverages that might help in determining whether you could use an agent’s help.
If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.
Auto insurance providers like Allstate, Geico and Progressive constantly bombard you with ads on TV and radio. They all say the same thing about savings if you switch your coverage to them. How does each company claim to save you money?
All the different companies are able to cherry pick for the type of customer that earns them a profit. An example of a profitable customer could be between the ages of 40 and 55, a clean driving record, and has great credit. Any driver who matches those parameters will qualify for the lowest rates and most likely will save quite a bit of money when switching.
Consumers who don’t measure up to this ideal profile will have to pay higher rates and this can result in the customer not buying. The ads state “customers that switch” not “everyone that quotes” save that kind of money. That is how insurance companies can make the claims of big savings. Because of the profiling, you need to quote coverage with many companies. It’s just too difficult to predict the company that will give you the biggest savings on Dodge Charger insurance.
Understanding the coverages of your car insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.
Comprehensive (Other than Collision)
Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things like damage from getting keyed, hitting a deer and falling objects. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Protection from uninsured/underinsured drivers
Uninsured or Underinsured Motorist coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.
Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.
Liability coverages
Liability insurance provides protection from damage that occurs to other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.
Liability insurance covers things like repair bills for other people’s vehicles, structural damage and bail bonds. How much coverage you buy is your choice, but consider buying higher limits if possible.
Collision insurance
This will pay to fix damage to your Charger caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for things such as damaging your car on a curb, backing into a parked car and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Another option is to bump up the deductible to get cheaper collision coverage.
Medical expense insurance
Coverage for medical payments and/or PIP kick in for bills such as doctor visits, hospital visits, EMT expenses and prosthetic devices. They are often used to fill the gap from your health insurance plan or if you do not have health coverage. It covers all vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
Insureds change insurance companies for a number of reasons such as poor customer service, policy non-renewal, not issuing a premium refund and being labeled a high risk driver. Regardless of your reason, choosing a new company is pretty simple and you could end up saving a buck or two.
Cost effective 2010 Dodge Charger insurance can be found online and also from your neighborhood agents, so compare prices from both to have the best chance of lowering rates. Some insurance companies may not provide online quoting and these regional insurance providers work with independent agents.
In this article, we covered some good ideas how you can get a better price on insurance. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your rates. Consumers could even find that the best price on auto insurance is with some of the smallest insurance companies.
For more information, feel free to browse the following helpful articles: