Lower Your 2012 Chrysler 200 Car Insurance Rates

Trying to find lower insurance coverage rates for your Chrysler 200? Did you fall for a flashy sales pitch and buy overpriced insurance coverage? Trust us when we tell you there are many people just like you.

Big companies like Allstate, Liberty Mutual and State Farm persitently shower you with TV and radio ads and it can be hard to see through the cute green geckos and mayhem and effectively compare rates to find the best deal.

It’s smart to check insurance coverage prices periodically because insurance rates are constantly changing. Even if you got the best price for 200 insurance a couple years back there is a good chance you can find better rates now. There is a lot of wrong information about insurance coverage online but with this article, you’re going to get the best ways to slash your insurance coverage rates.

Policy discounts you shouldn’t miss

Companies don’t always advertise all available discounts in an easy-to-find place, so we break down both well-publicized and the more hidden discounts you could be receiving.

  • Discount for New Cars – Adding a new car to your policy can cost up to 25% less compared to insuring an older model.
  • Federal Employees – Simply working for the federal government can save as much as 8% for 200 insurance depending on your company.
  • Early Switch Discount – Some companies give discounts for switching policies prior to your current policy expiration. It’s a savings of about 10%.
  • Low Mileage – Fewer annual miles on your Chrysler can qualify you for lower rates on the low mileage vehicles.
  • One Accident Forgiven – Some insurance companies permit an accident before hitting you with a surcharge if your claims history is clear for a particular time prior to the accident.
  • Student in College – Youth drivers who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.

It’s important to understand that many deductions do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, you won’t be that lucky.

Car insurance companies that may have some of the above discounts are:

It’s a good idea to ask all companies you are considering how you can save money. All car insurance discounts might not be offered in every state.

Complexity of Chrysler 200 insurance rates

Consumers need to have an understanding of the factors that play a part in calculating your auto insurance rates. Having a good understanding of what determines base rates helps enable you to make changes that will entitle you to better auto insurance rates.

  • Your auto insurance rates can be influenced by your job – Did you know your auto insurance rates can be affected by your occupation? Careers like judges, social workers and financial analysts tend to have higher average rates due to stressful work requirements and long work hours. Conversely, jobs such as pilots, engineers and homemakers receive lower rates for 200 insurance.
  • Your location affects your rates – Being located in a small town is a positive aspect when it comes to auto insurance. Fewer drivers means a lower chance of having an accident as well as less vandalism and auto theft. Drivers who live in large cities have to deal with more traffic problems and longer commute times. More time on the road means higher likelihood of an accident.
  • More than one policy can earn a discount – Some companies provide better rates to people who carry more than one policy such as combining an auto and homeowners policy. Discounts can amount to anywhere from five to ten percent in most cases. Even if you’re getting this discount you still need to shop around to confirm you are receiving the best rates possible.
  • Lower rates with optional equipment – Choosing a vehicle with a theft deterrent system can save you a little every year. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your vehicle from being stolen.
  • Better credit means lower rates – Having a bad credit score is a large factor in your rate calculation. Therefore, if your credit is lower than you’d like, you could pay less to insure your 2012 Chrysler 200 by repairing your credit. People with excellent credit tend to be more responsible as compared to drivers with poor credit.

Insurance agents can help

When buying the best auto insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Every insured’s situation is different and your policy should reflect that. For example, these questions can aid in determining whether or not you would benefit from professional advice.

  • Do I have coverage when pulling a U-Haul trailer?
  • Does my car insurance cover rental cars?
  • What vehicles should carry emergency assistance coverage?
  • Do I need an umbrella policy?
  • Am I insured when driving a different vehicle?
  • What companies insure drivers after a DUI or DWI?
  • What is the rate difference between pleasure use and commuting?

If you’re not sure about those questions, then you may want to think about talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Car insurance coverage specifics

Understanding the coverages of your car insurance policy aids in choosing which coverages you need for your vehicles. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages available from car insurance companies.

Medical costs insurance – Med pay and PIP coverage provide coverage for expenses for ambulance fees, X-ray expenses and nursing services. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as theft, rock chips in glass and hitting a bird. The maximum payout a car 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 it’s probably time to drop comprehensive insurance.

Collision – Collision coverage pays for damage to your 200 from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like crashing into a building, driving through your garage door, colliding with another moving vehicle and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

UM/UIM Coverage – This coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2012 Chrysler 200.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Liability coverages – This provides protection from damages or injuries you inflict on a person or their property that is your fault. It protects you against other people’s claims, and doesn’t 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. As an example, you may have liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against things such as court costs, emergency aid and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Online plus local equals savings

Lower-priced 2012 Chrysler 200 insurance is definitely available online in addition to many insurance agents, so you should be comparing quotes from both to have the best selection. There are still a few companies who do not provide you the ability to get quotes online and these regional insurance providers work with independent agents.

We just showed you many tips how you can lower your insurance rates. The key concept to understand is the more times you quote, the better chance you’ll have of finding lower rates. Consumers could even find that the lowest premiums are with a small local company. Some small companies can often provide lower rates in certain areas compared to the large companies like Geico and State Farm.

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