1998 Dodge Viper Car Insurance Cost – 9 Ways to Save

Did you fall for a flashy sales pitch and buy overpriced insurance? You’re preaching to the choir because there are many consumers feeling the pinch from expensive insurance.

Lots of insurance companies contend for your insurance dollar, and it can be difficult to compare rates and get the definite cheapest price

It’s smart to do rate comparisons quite often because insurance prices fluctuate regularly. Despite the fact that you may have had the best deal for Viper insurance on your last policy there may be better deals available now. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the best methods to save money, get proper deductibles and limits, all at the lowest rate.

Cheaper rates with these nine discounts

Insuring your fleet can be pricey, but there’s a good chance there are discounts that may help make it more affordable. Certain reductions will be credited at the time of purchase, but lesser-known reductions have to be asked for before you will receive the discount.

• Passive Restraint Discount – Options like air bags or automatic seat belts may earn rate discounts of 20 to 30 percent.
• Discounts for Responsible Drivers – Drivers who don’t get into accidents can save up to 40% or more on their insurance coverage quote for Viper insurance than their less cautious counterparts.
• Good Grades Discount – This discount can earn a discount of 20% or more. Most companies allow this discount well after school through age 25.
• Include Life Insurance and Save – Auto insurance companies who offer life insurance give a small discount if you purchase some life insurance in addition to your auto policy.
• Active Service Discounts – Being deployed in the military could be rewarded with lower auto insurance rates.
• Online Discount – Many larger companies will discount your bill up to fifty bucks get insurance coverage on your computer.
• Discount for Home Ownership – Simply owning a home can get you a discount because of the fact that having a home is proof of financial responsibility.
• Discounts for New Vehicles – Insuring a vehicle that is new can be considerably cheaper since newer models are generally safer.
• Clubs and Organizations – Belonging to certain professional organizations may earn a discount on your next auto insurance statement.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears you could get a free auto insurance policy, nobody gets a free ride.

To see companies that offer many of these discounts, click here.

Which insurance coverage is cheapest?

There are multiple methods to compare insurance coverage prices but there is one way that is less labor-intensive and much quicker. You can waste a lot of time driving to insurance agencies in your area, or you can stay home and use online quotes to get the quickest rates.

Many of the larger companies participate in an industry program that allows shoppers to submit their information once, and each participating company returns a rated price based on that information. This eliminates the need for quotation requests for every insurance coverage company.

To compare rates now click to open in new window.

The only drawback to getting quotes like this is you don’t know exactly which providers to get pricing from. If you wish to select individual companies for rate comparison, we put together a list of insurance coverage companies in your area. Click here for list of insurance companies.

Whichever way you use, ensure you are comparing identical coverage data on every quote you get. If your comparisons have differing limits it’s impossible to make a fair comparison for your Dodge Viper. Quoting even small variations in limits could mean much higher rates. It’s important to know that comparing more rates from different companies will enable you to find a lower rate than you’re paying now.

What is the best car insurance coverage?

When choosing coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. These are some specific questions may help you determine whether or not you might need an agent’s assistance.

• Is my teen driver covered when they drive my company car?
• Is my trailer covered?
• Does coverage extend to Mexico or Canada?
• Where can I find high-risk insurance?
• Are split liability limits better than a combined single limit?
• Does coverage extend to my business vehicle?
• Do I have coverage when using my vehicle for my home business?
• Am I covered when renting a car or should I buy coverage from the car rental agency?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Car insurance coverage information

Having a good grasp of your policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring. These are the usual coverages available from auto insurance companies.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for immediate expenses such as prosthetic devices, nursing services and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not universally available and may carry a deductible

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, hitting a bird, theft and hail damage. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your Dodge Viper.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Liability – This can cover damage or injury you incur to a person or their property that is your fault. This coverage protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things like structural damage, pain and suffering and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

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

Collision can pay for things such as hitting a parking meter, colliding with a tree, damaging your car on a curb and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.

Shop Smart and Save

Low-cost 1998 Dodge Viper insurance can be sourced on the web in addition to local insurance agencies, and you need to comparison shop both to have the best selection. Some insurance companies do not offer online rate quotes and most of the time these small insurance companies only sell coverage through independent agents.

As you prepare to switch companies, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed collision coverage and found out when filing a claim that they should have had better coverage. Your goal is to purchase plenty of coverage at the best price.

More tips and info about insurance coverage can be read by following these links:

• Liability Insurance Coverage (Nationwide)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Understanding Car Crashes Video (iihs.org)
• Think You’re a Safe Driver? (State Farm)