Save on 2016 Chrysler 200 Car Insurance Cost

Looking for better insurance rates for your Chrysler 200? Trying to come up with a payment for overpriced insurance can sap your accounts and maybe even restrict other spending. Comparing rates annually can be a smart way to tighten up your finances.

There is such a variety of car insurance companies to buy insurance from, and although it’s nice to have multiple companies, it can be more difficult to find the best rates.

Finding the best rates is quite easy. Essentially every vehicle owner who has to buy insurance will most likely be able to cut their insurance bill. But vehicle owners must comprehend how companies market on the web because it can help you find the best coverage.

Get lower rates with these discounts

Companies that sell car insurance don’t list every possible discount in a way that’s easy to find, so the list below gives a summary of a few of the more common and also the lesser-known credits available to lower your premiums when you buy auto insurance online.

  • Passive Restraints and Air Bags – Vehicles equipped with air bags can get savings of up to 25% or more.
  • Paper-free Discount – Some of the larger companies will provide an incentive get auto insurance on the internet.
  • College Student – Older children who are attending college and don’t have a car can be insured at a reduced rate.
  • Discounts for Responsible Drivers – Drivers who don’t get into accidents may receive a discount up to 45% for 200 coverage compared to accident prone drivers.
  • Good Grades Discount – A discount for being a good student may save as much as 25% on a auto insurance quote. Earning this discount can benefit you until age 25.
  • Accident Waiver – This isn’t a discount exactly, but a handful of insurance companies will allow you to have one accident without the usual rate increase if your claims history is clear for a certain period of time.
  • Discount for New Cars – Buying a new car model can cost up to 25% less since newer models are generally safer.
  • Student Driver Training – It’s a good idea to have your young drivers enroll in driver’s education if it’s offered in school.

As a disclaimer on discounts, some of the credits will not apply the the whole policy. Most only reduce specific coverage prices like liability and collision coverage. Just because you may think you could get a free car insurance policy, nobody gets a free ride.

If you would like to view providers that offer the discounts shown above, click here to view.

Auto insurance can be complex

When buying the right insurance coverage, there isn’t really a “perfect” insurance plan. Everyone’s situation is unique so your insurance should reflect that For instance, these questions might help in determining whether or not you might need an agent’s assistance.

  • Does liability extend to a camper or trailer?
  • Is my dog or cat covered if injured in an accident?
  • Does my car insurance cover rental cars?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Will my rates increase for filing one claim?
  • Exactly who is provided coverage by my policy?
  • Do I need replacement cost coverage on my 2016 Chrysler 200?
  • Does my policy cover me when driving someone else’s vehicle?
  • Do I benefit by insuring my home with the same company?
  • Do I have coverage when making deliveries for my home business?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Insurance coverage basics

Knowing the specifics of a insurance policy can help you determine 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. Below you’ll find typical coverages found on the average insurance policy.

Liability coverage

Liability insurance provides protection from damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 which stand for a $50,000 limit per person for 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 pays for things such as pain and suffering, repair bills for other people’s vehicles, emergency aid and legal defense fees. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical expense coverage

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for pain medications, rehabilitation expenses, hospital visits and chiropractic care. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Uninsured or underinsured coverage

This coverage gives you protection from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like colliding with another moving vehicle, colliding with a tree, scraping a guard rail and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Comprehensive protection

This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like hitting a deer, rock chips in glass, vandalism, a tree branch falling on your vehicle 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 probably time to drop comprehensive insurance.

Quote often and quote early

As you go through the steps to switch your coverage, it’s very important that you do not skimp on coverage in order to save money. There are many occasions where someone dropped full coverage and learned later that they should have had better coverage. The ultimate goal is to purchase plenty of coverage at the lowest possible cost while still protecting your assets.

We’ve covered a lot of ways to reduce 2016 Chrysler 200 insurance prices online. The key thing to remember is the more quotes you get, the higher your chance of finding cheaper auto insurance. You may be surprised to find that the lowest prices are with some of the smallest insurance companies. Smaller companies may only write in your state and offer lower rates as compared to the big name companies such as State Farm or Progressive.

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