Lower Your 1993 Dodge Colt Insurance Cost

Want the cheapest auto insurance rates for your Dodge Colt? Are you burned out from sacrificing to keep your car insured? You have the same problem as many other drivers.

Because there are so many auto insurance companies to choose from, it can be impossible to find a more affordable insurer.

It’s a good habit to compare premium rates every six months since prices are constantly changing. Just because you had the lowest rates for Colt coverage a couple years back there may be better deals available now. Ignore everything you know about auto insurance because you’re going to get a crash course in the fastest way to lower your annual insurance bill.

Choosing the best insurance company for you is not that difficult. If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these techniques. But car owners benefit from understanding the way insurance companies compete online because it can help you find the best coverage.

You can change your insurance prices

Smart consumers have a good feel for some of the elements that help determine your policy premiums. If you know what determines premiums, this allows you to make good choices that could result in big savings.

The list below includes some of the factors used by your company to calculate premiums.

• Safer cars save money – Safer cars get lower rates. The safest vehicles result in less severe injuries and fewer serious injuries means your insurance company pays less and thus lower rates.
• An active car insurance claims history can cost you – Companies give discounts to people that do not abuse their auto insurance. If you file a lot of claims you can expect higher rates. Auto insurance is meant to be used in the event of major claims that would cause financial hardship.
• Marriage can lower rates – Having a significant other may save some money on your car insurance policy. Marriage translates into being more responsible and it’s statistically proven that drivers who are married are more cautious.
• Men are more aggressive – Over the last 30 years, statistics show that females tend to be a little less risky than males. Now that doesn’t mean men are worse drivers. Women and men cause at-fault accidents in similar percentages, but males have costlier accidents. Men also statistically get more serious tickets like driving under the influence (DUI).

Low cost insurance coverage quotes

There are a variety of methods to shop for insurance coverage, but there is one way that is less time-consuming than others. You could spend the better part of a day driving to insurance agencies in your area, or you could save time and use online quotes to achieve your goal.

Many popular insurance companies belong to a marketplace that allows shoppers to submit their information once, and each company then gives them pricing based on that information. This system prevents you from having to do quote requests to each company.

To compare rates using this form now click to open in new window.

The one downside to getting quotes like this is buyers cannot specifically choose which providers you want pricing from. So if you prefer to pick specific insurance companies to request quotes from, we have a page of insurance coverage companies in your area. Click here for list of insurance companies.

The method you choose is up to you, but be certain you are entering apples-to-apples deductibles and coverage limits for each comparison quote. If each company quotes different deductibles it’s impossible to determine the best price for your Dodge Colt. Slightly different insurance coverages or limits could throw off the whole comparison. And when price shopping your coverage, obtaining a wide range of quotes increases the change that you will find more affordable insurance.

Don’t miss these rate-reducing discounts

Some providers do not list every available discount in a way that’s easy to find, so we break down both well-publicized as well as the least known insurance savings.

• Driver’s Education for Students – Cut your cost by having your teen driver participate in a local driver’s education class in high school.
• Safety Restraint Discount – Drivers who require all occupants to wear their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
• No Accidents – Drivers who stay claim-free pay less when compared to frequent claim filers.
• Military Deployment Discount – Being on active deployment in the military may lower your prices slightly.
• Save with a New Car – Buying insurance coverage on a new vehicle can save you some money because new vehicles keep occupants safer.
• Paperless Signup – A handful of larger companies may give you up to $50 for completing your application online.
• Federal Government Employee – Employees or retirees of the government can save as much as 8% for Colt coverage with certain companies.
• Anti-theft Discount – Vehicles with anti-theft systems are less likely to be stolen and will qualify for a discount on a insurance quote.
• Own a Home and Save – Owning a home may trigger a policy discount on insurance because maintaining a house demonstrates responsibility.

A little disclaimer on discounts, most discount credits are not given to all coverage premiums. Most only apply to specific coverage prices like comprehensive or collision. So even though you would think all those discounts means the company will pay you, companies wouldn’t make money that way.

To find insurance companies with the best discounts, follow this link.

Do I need special coverages?

When choosing the right insurance coverage, there is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance should reflect that Here are some questions about coverages that can aid in determining whether your personal situation would benefit from an agent’s advice.

• Am I covered when driving a rental car?
• Do I really need UM/UIM coverage?
• How high should my uninsured/underinsured coverage be in my state?
• Does medical payments coverage apply to all occupants?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Does coverage extend to a rental car in a foreign country?
• Does my policy pay for OEM or aftermarket parts?
• Can I drive in Mexico and have coverage?

If you can’t answer these questions but a few of them apply 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 coverage options for a Dodge Colt

Understanding the coverages of insurance aids in choosing which coverages you need at the best deductibles and correct limits. Insurance terms can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverage types found on the average insurance policy.

Auto liability

This provides protection from damages or injuries you inflict on people or other property that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

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 values of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like repair bills for other people’s vehicles, structural damage and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your Dodge Colt.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for expenses for surgery, funeral costs, pain medications, hospital visits and doctor visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay

Comprehensive protection

This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like fire damage, hitting a deer, hail damage, theft and vandalism. The highest amount your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision insurance

This coverage will pay to fix damage to your Colt resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things like hitting a parking meter, driving through your garage door, crashing into a building, sideswiping another vehicle and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

Better coverage you can count on

Cheaper 1993 Dodge Colt insurance can be sourced from both online companies and from local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some car insurance companies may not offer internet price quotes and usually these smaller providers only sell coverage through independent insurance agents.

In this article, we presented a lot of information how to shop for 1993 Dodge Colt insurance online. It’s most important to understand that the more price quotes you have, the better your chances of lowering your rates. Consumers may even find the most savings is with some of the smallest insurance companies. They often have lower rates on specific markets compared to the large companies like Progressive or Geico.

When shopping online for car insurance, you should never skimp on critical coverages to save a buck or two. In many cases, someone sacrificed collision coverage and discovered at claim time they didn’t have enough coverage. Your objective should be to purchase a proper amount of coverage at the best possible price while still protecting your assets.

Even more information is available in the articles below:

• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Collision Coverage (Liberty Mutual)
• How do I File a Claim? (Insurance Information Insitute)
• Vehicle Insurance (Wikipedia)
• Auto Insurance FAQ (Farmers Insurance)
• Anti-Lock Brake FAQ (iihs.org)