How Much Does 1998 Chrysler Sebring Insurance Cost?

If you’re shopping for more affordable insurance, are you confused by the crazy number of car insurance providers in your area? Lot’s of other drivers are too. You have so many providers to choose from that it is hard work to find the perfect company for you.

You should take the time to shop coverage around quite often since prices are variable and change quite frequently. Even if you think you had the lowest price for Sebring insurance two years ago you will most likely find a better rate today. Ignore everything you know about car insurance because it’s time to teach you how to use the internet to reduce your cost while increasing coverage.

How to shop auto insurance online

When shopping for cheap car insurance quotes, there are a couple of ways of comparing price quotes from all the different companies. The easiest way by far to find cheaper 1998 Chrysler Sebring rates is to perform an online rate comparison. This is quite simple and can be completed by using one of the methods below.

• The most efficient way to find the lowest comparison rates is an all-inclusive rate comparison like this one (opens in new window). This style of form eliminates the need for repetitive form submissions for every prospective company. A single form compares rates from multiple companies. Recommended for those who want to invest the least amount of time.
• Another way to get quotes online consists of visiting the website for each individual company to complete their respective quote request forms. For sake of this example, we’ll assume you want to compare Progressive, Esurance and Travelers. You would need to take the time to go to each site and type in your information over and over, and that’s why the first method is more popular.

  To view a list of companies in your area, click here.

• The last way to get price estimates is to drive around to local insurance agencies. Quoting and buying insurance online eliminates the middleman unless your situation requires the advice and guidance only provided by licensed agents. It is possible to obtain prices from the web but buy from a local insurance agent.

Whichever way you choose to compare rates, ensure you’re using exactly the same coverages for each comparison quote. If the quotes have higher or lower deductibles then you won’t be able to make a fair rate comparison. Even a minor difference in coverage limits could mean much higher rates. And when price shopping your coverage, more quotes helps locate a lower rate than you’re paying now.

What determines Chrysler Sebring insurance prices?

Many different elements are used when premium rates are determined. Some of the criteria are obvious such as traffic violations, although others are less apparent like your continuous coverage or how financially stable you are.

• Premiums may be lower depending on your job – Occupations like doctors, business owners and medical professionals have higher rates than the rest of us attributed to intense work situations and lots of time spent at work. On the flip side, occupations such as farmers, engineers and homemakers have the lowest average rates for Sebring insurance.
• Bad credit will cost you – Having a bad credit history is a large factor in calculating your car insurance rates. Therefore, if your credit history is not that good, you could be paying less to insure your 1998 Chrysler Sebring by spending a little time repairing your credit. Drivers with excellent credit scores tend to be more responsible than drivers who have lower credit scores.
• The more you drive the more you pay – Driving a lot of miles every year the more you will pay for car insurance. A lot of companies calculate rates based upon how much you drive. Autos that do not get driven very much can be on a lower rate level than vehicles that have high annual mileage. Having the wrong rating on your Sebring may be costing you. It’s a smart idea to ensure your declarations sheet shows the correct driver usage, because it can save money.
• Save by driving safer cars – Vehicles with good safety scores cost less to insure. Safe vehicles help reduce the chance of injuries in an accident and fewer serious injuries means lower claim amounts and cheaper rates on your policy. If your Chrysler Sebring earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
• An active policy claims history can increase rates – Auto insurance companies give cheaper rates to policyholders who are claim-free. If you are the type of insured that files lots of claims you can definitely plan on higher premiums or even policy non-renewal. Your car insurance is intended to be relied upon for claims that pose a financial burden.
• Liability safeguards assets – Your policy’s liability coverage provides coverage if ever you are found to be at fault for causing personal injury or damage in an accident. This coverage provides legal defense which can cost thousands of dollars. Liability insurance is quite affordable compared to other policy coverages, so buy as much as you can afford.

Verify you’re earning every discount

Insurance is not inexpensive, but there could be significant discounts to reduce the price significantly. A few discounts will automatically apply at the time of quoting, but lesser-known reductions have to be asked about prior to getting the savings. If you aren’t receiving every discount you deserve, you are just wasting money.

• Passenger Safety Discount – Factory air bags can receive discounts of 25 to 30%.
• Driving Data Discount – People who choose to allow their company to analyze when and where they use their vehicle through the use of a telematics system such as Progressive’s Snapshot may get a rate reduction if they show good driving skills.
• Sign Early and Save – A few companies give discounts for buying a new policy prior to the expiration date on your current policy. Ten percent is about the average savings.
• Safety Course Discount – Taking part in a safe driver class could earn you a small percentage discount and easily recoup the cost of the course.
• No Charge for an Accident – This one isn’t a discount, but a handful of insurance companies will let one accident slide without getting socked with a rate hike as long as you don’t have any claims for a specific time period.
• Discount for Home Ownership – Owning a house can get you a discount because owning a home shows financial diligence.

Consumers should know that most discounts do not apply to the entire cost. Most only apply to specific coverage prices like collision or personal injury protection. So even though it sounds like all those discounts means the company will pay you, companies don’t profit that way.

For a list of insurers who offer free insurance quotes, click here to view.

When should I discuss my situation with an agent?

When choosing proper insurance coverage, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For instance, these questions may help highlight whether you will benefit from professional help.

• Is my Chrysler Sebring covered if I use it for business?
• Does my 1998 Chrysler Sebring qualify for pleasure use?
• Will my vehicle be repaired with OEM or aftermarket parts?
• Am I covered when pulling a rental trailer?
• If my 1998 Chrysler Sebring is totaled, can I afford another vehicle?
• Do I have newly-aquired coverage?

If you don’t know the answers to these questions, you may need to chat with an agent. If you don’t have a local agent, complete this form.

Specific coverage details

Having a good grasp of insurance helps when choosing the best coverages and proper limits and deductibles. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Liability car insurance

This protects you from injuries or damage you cause to other’s property or people by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability insurance covers things like structural damage, pain and suffering and repair bills for other people’s vehicles. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Chrysler Sebring.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as X-ray expenses, EMT expenses and pain medications. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Coverage for collisions

This coverage pays to fix your vehicle from damage caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision insurance covers things like backing into a parked car, rolling your car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as damage from flooding, damage from getting keyed, falling objects, a tree branch falling on your vehicle and rock chips in glass. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Be a smart shopper

Consumers change insurance companies for many reasons like lack of trust in their agent, not issuing a premium refund, policy cancellation or even high prices. It doesn’t matter why you want to switch choosing a new company is pretty easy and you might even save some money in the process.

In this article, we covered some good ideas how you can lower your 1998 Chrysler Sebring insurance prices. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding cheap car insurance. You may be surprised to find that the lowest prices come from a small mutual company.

As you quote car insurance, you should never skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice full coverage only to find out that they should have had better coverage. Your focus should be to purchase a proper amount of coverage at the lowest possible cost, but don’t skip important coverages to save money.

Helpful resources

• Things to Know Before you Cancel Insurance (Allstate)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• What if I Can’t Find Coverage? (Insurance Information Insitute)