How Much Does 2001 Chrysler PT Cruiser Insurance Cost?

Having to pay for overpriced insurance coverage can stress out your bank account and make it hard to pay other bills. Comparing rate quotes is free, only takes a few minutes, and is a good way to ensure you are getting the best deal.

Many auto insurance companies vie for your insurance dollar, and because of this it can be hard to compare insurers and get the best coverage at the lowest rate

Find more affordable car insurance with these tips

The best way to find cheaper car insurance is to take a look at a few of the rating criteria that help calculate car insurance rates. If you understand what determines base rates, this allows you to make educated decisions that could help you find lower car insurance prices. Many factors are considered when quoting car insurance. A few of the factors are predictable like a motor vehicle report, although others are less apparent such as your credit history or how financially stable you are.

• Marriage brings a discount – Having a wife or husband helps lower the price on your car insurance bill. Having a spouse means you’re more mature than a single person and statistics show being married results in fewer claims.
• Save money with excellent credit – Having a bad credit score can be an important factor in determining your rates. Therefore, if your credit score is lower than you’d like, you could save money insuring your 2001 Chrysler PT Cruiser if you improve your credit rating. People with excellent credit scores tend to be better drivers and file fewer claims than those with lower credit scores.
• Gaps in coverage mean higher car insurance rates – Having an insurance coverage lapse is a sure-fire way to increase your rates. In addition to paying higher premiums, failure to provide proof of insurance can result in a revoked license or a big fine.
• Teenage drivers pay more – Beginning drivers are known to be less responsible in a vehicle so car insurance rates are higher. Older insureds are viewed as being more responsible, tend to file fewer claims , and are generally more financially stable.
• Companies want multiple policies – Lots of companies will give discounts to people that have more than one policy, otherwise known as a multi-policy discount. Even if you qualify for this discount already, you still need to compare rates to help ensure you have the lowest rates. Drivers may still save money even if you insure with multiple companies
• Location can affect price – Residing in less populated areas can be a good thing when it comes to car insurance. Less people living in that area means fewer accidents and also fewer theft and vandalism claims. People in densly populated areas tend to have more aggressive driving styles and much longer commute distances. Longer commute distances means more chance of being in an accident.
• Do you work long hours in a stressful vocation? – Occupations like doctors, social workers and dentists generally pay higher premiums than the average policyholder because of intense work-related stress and lots of time spent away from family. Conversely, professions such as professors, students and homemakers receive lower rates for PT Cruiser coverage.
• Better prices on vehicles with better crash test results – Vehicles with good safety scores get lower rates. Vehicles engineered for safety reduce occupant injuries and lower rates of occupant injuries translates into savings for insurance companies and lower rates for you. If your Chrysler PT Cruiser earned at least four stars on Safercar.gov you may pay a lower rate.

Drivers save money with with these discounts

Auto insurance companies do not list all available discounts very well, so here is a list a few of the more well known and the harder-to-find credits available to you.

• Homeowners Pay Less – Just owning your own home may trigger a policy discount on auto insurance due to the fact that maintaining a home requires personal responsibility.
• Discounts for Multiple Vehicles – Insuring more than one vehicle with the same auto insurance company can reduce the rates for all insured vehicles.
• Anti-lock Brake Discount – Cars that have anti-lock braking systems can avoid accidents so companies give up to a 10% discount.
• Organization Discounts – Having an affiliation with specific professional or occupational memberships or organizations is a good way to get lower rates on your next auto insurance statement.
• Auto/Home Discount – If you insure your home and vehicles with the same company they may give you a discount of up to 20% off your total premium.
• New Vehicle Savings – Adding a new car to your policy can cost up to 25% less due to better safety requirements for newer vehicles.

You can save money using discounts, but most of the big mark downs will not be given to all coverage premiums. Some only reduce specific coverage prices like comprehensive or collision. Just because you may think it’s possible to get free car insurance, you’re out of luck.

A list of auto insurance companies and some of their more popular discounts are included below.

• State Farm policyholders can earn discounts including accident-free, Drive Safe & Save, driver’s education, Steer Clear safe driver discount, multiple autos, and good driver.
• Liberty Mutual offers discounts for new move discount, good student, newly retired, new graduate, and safety features.
• American Family offers discounts including good driver, TimeAway discount, mySafetyValet, defensive driver, bundled insurance, Steer into Savings, and good student.
• Progressive offers premium reductions for online quote discount, good student, multi-vehicle, continuous coverage, multi-policy, online signing, and homeowner.
• Farmers Insurance has discounts for early shopping, multi-car, youthful driver, distant student, homeowner, and bundle discounts.
• Auto-Owners Insurance may have discounts that include company car, safe driver, teen driver, paid in full, safe vehicle, air bags, and anti-lock brakes.
• SAFECO has savings for safe driver, teen safety rewards, bundle discounts, accident prevention training, and multi-car.

Before you buy a policy, ask all the companies which credits you are entitled to. Some credits might not be available to policyholders in every state.

Car insurance ads bend the truth

Consumers constantly see and hear ads that promise big savings from companies such as Allstate and Progressive. They all tend to make the same promise that you can save if you just switch to them.

Is it even possible that every company can make the same claim? You have to listen carefully.

Different companies have strict underwriting profiles for the right customer that earns them the most money. An example of a profitable insured may need to be a married male, has a clear driving record, and does not commute to work. Any driver who meets those qualifications will most likely get cheap premium rates and as a result will probably cut their rates if they switch.

Consumers who cannot meet those standards will probably have to pay higher rates which usually ends up with the customer buying from a different company. The ads say “people who switch” not “everyone that quotes” can get the lowest rates when switching. That’s the way insurance companies can claim big savings.

This emphasizes why drivers should do a quote comparison often. It’s just too difficult to predict which insurance companies will have the lowest premium rates for your situation.

Your situation helps dictate your coverage

When buying the right insurance coverage, there isn’t really a best way to insure your cars. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that can aid in determining whether your personal situation may require specific advice.

• What exactly is covered by my policy?
• Am I covered when driving on a suspended license?
• Should I buy only the required minimum liability coverage?
• Should I have a commercial auto policy?
• What if I owe more than I can insure my car for?
• Should I sign the liability waiver when renting a car?

If you can’t answer these questions but you know they apply to you, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Coverages available on your policy

Understanding the coverages of your insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find the usual coverages found on the average insurance policy.

Uninsured and underinsured coverage

This protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as damage to your Chrysler PT Cruiser.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Usually these coverages are identical to your policy’s liability coverage.

Comprehensive coverages

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like damage from flooding, vandalism, a broken windshield, hail damage and theft. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision protection

Collision coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as crashing into a building, colliding with a tree, hitting a mailbox and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to increase the deductible to bring the cost down.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like EMT expenses, dental work, doctor visits, prosthetic devices and nursing services. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Auto liability insurance

Liability coverage protects you from damages or injuries you inflict on other people or property. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers things like structural damage, medical services, funeral expenses and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

More comparisons equals lower rates

Discount 2001 Chrysler PT Cruiser insurance is available online as well as from independent agents, so get free car insurance quotes from both of them in order to have the best chance of saving money. Some insurance companies may not provide price quotes online and these small, regional companies provide coverage only through independent insurance agents.

In this article, we covered a lot of tips how to shop for 2001 Chrysler PT Cruiser insurance online. The most important thing to understand is the more providers you compare, the better likelihood of getting the cheapest car insurance. Consumers could even find that the lowest car insurance rates come from a smaller regional carrier. They can often insure niche markets at a lower cost compared to the large companies like Allstate or State Farm.

More detailed insurance information can be found at these sites:

• Safety Tips for Teen Drivers (Insurance Information Insitute)
• What if I Can’t Find Coverage? (Insurance Information Insitute)
• Vehicle Size and Weight FAQ (iihs.org)
• Choosing an Insurance Company (Insurance Information Insitute)
• Electronic Stability Control FAQ (iihs.org)
• Credit and Insurance Scores (Insurance Information Insitute)