2002 Dodge Neon Insurance Cost

Locating low-cost insurance for a new or used Dodge Neon could be an all-consuming task, but you can learn our insurance buying tips to save time. There are more efficient ways to compare insurance rates so you’re going to learn the quickest way to compare rates for your Dodge and locate the lowest possible price from both online companies and local agents.

Consumers need to get comparison quotes every six months because prices are adjusted regularly by insurance companies. Just because you had the best price on Neon insurance a year ago you will most likely find a better rate today. Forget anything you know (or think you know) about insurance because it’s time to teach you the tricks you need to know to reduce your cost while increasing coverage.

Finding auto insurance

Comparing auto insurance rates can be exhausting if you don’t understand the fastest way to get free quotes. You could spend your day talking about coverages with local insurance agents in your area, or you could use the web to get prices fast.

All the larger companies participate in a marketplace that enables customers to enter their policy data once, and each company returns a competitive quote based on that information. This saves time by eliminating quote requests to each company.

To enter your information into the quoting system, click here to open in new window.

One minor caviat to pricing coverage this way is you cannot specify which insurance companies you will receive quotes from. If you wish to select individual companies to compare, we have assembled a list of low cost auto insurance companies in your area. Click to view list.

The method you choose is up to you, but ensure you are comparing the exact same coverages with every price quote. If you have higher or lower deductibles it will be nearly impossible to determine which rate is truly the best.

Cheaper rates by applying discounts

Insurance coverage is not cheap nor is it fun to buy but you might be missing out on some discounts that can dramatically reduce your bill. Some discounts will apply at the time you complete a quote, but a few must be asked for in order for you to get them.

• Student Discounts – This discount can save 20 to 25%. The discount lasts well after school through age 25.
• Discounts for Government Workers – Active or former government employment can save as much as 8% on Neon insurance depending on your insurance coverage provider.
• Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices help deter theft and that can save you a little bit as well.
• Active Service Discounts – Being deployed with a military unit could be rewarded with lower rates.
• Multiple Vehicles – Having multiple cars or trucks with one company could earn a price break for each car.
• Discount for Home Ownership – Just being a homeowner can help you save on insurance coverage due to the fact that maintaining a home requires personal responsibility.
• Memberships – Having an affiliation with a civic or occupational organization may earn a discount on your bill.
• Save over 55 – Mature drivers can possibly qualify for reduced rates on Neon insurance.
• Life Insurance Discount – If the company offers life insurance, you could get a lower rate if you buy life insurance from them.
• Discount for Multiple Policies – If you can combine your auto and homeowners policy with one company you could get a discount of at least 10 to 15 percent or more.

Don’t be shocked that most discount credits are not given the the whole policy. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. If you do the math and it seems like you would end up receiving a 100% discount, companies don’t profit that way.

Companies and the discounts they provide are outlined below.

• State Farm includes discounts for student away at school, good driver, multiple autos, accident-free, driver’s education, multiple policy, and good student.
• Farmers Insurance may offer discounts for pay in full, bundle discounts, teen driver, alternative fuel, early shopping, and switch companies.
• Geico may include discounts for anti-lock brakes, anti-theft, daytime running lights, five-year accident-free, good student, and membership and employees.
• American Family offers discounts for Steer into Savings, multi-vehicle, bundled insurance, good driver, and mySafetyValet.
• Nationwide offers discounts including business or organization, easy pay, anti-theft, accident-free, and defensive driving.
• Progressive has discounts for multi-vehicle, continuous coverage, online quote discount, online signing, good student, and multi-policy.

When getting free insurance coverage quotes, it’s a good idea to each company or agent what discounts are available to you. Some of the discounts discussed earlier might not be available to policyholders in your state. To view insurance coverage companies with the best discounts, follow this link.

Your insurance coverage should be tailored to you

When choosing proper insurance coverage, there really is no single plan that fits everyone. Everyone’s needs are different.

For instance, these questions can aid in determining whether you would benefit from professional advice.

• I have a DUI can I still get coverage?
• What is covered by UM/UIM coverage?
• What is the difference between comprehensive and collision coverage?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Does my personal policy cover me when driving out-of-state?
• How much liability do I need to cover my assets?
• If I drive on a suspended license am I covered?
• Am I covered by my spouse’s policy after a separation?
• Do I need replacement cost coverage?
• I don’t drive much so do I pay less?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and you can get the answers you need.

Insurance policy specifics

Having a good grasp of a insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring.

Coverage for liability

This protects you from damages or injuries you inflict on other people or property that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as court costs, repair costs for stationary objects, repair bills for other people’s vehicles and bail bonds. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for immediate expenses like doctor visits, EMT expenses, pain medications and funeral costs. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Collision coverage

This pays for damage to your Neon from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as rolling your car, colliding with another moving vehicle, hitting a parking meter, sideswiping another vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Comprehensive insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as rock chips in glass, damage from a tornado or hurricane, hail damage, damage from flooding and damage from getting keyed. The most a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.