2002 Dodge Stratus Insurance Rates

Searching for cheaper insurance coverage rates for your Dodge Stratus? I can’t think of a single person who enjoys paying for insurance coverage, in particular when they could find better prices if they shop around. Since drivers have many options, it can be diffult for people to locate the right insurance company.

Smart consumers take time to take a look at other company’s rates once or twice a year since insurance prices are constantly changing. If you had the best price on Stratus coverage at your last renewal you can probably find a lower rate today. Forget anything you know (or think you know) about insurance coverage because you’re about to find out the easiest way to find the best coverage while lowering your premiums.

This information will instruct you on how car insurance quotes work and some money-saving tips. If you have car insurance now, you will most likely be able to lower your premiums substantially using these tips. Drivers just need to learn the most efficient way to compare price quotes over the internet.

Buy Dodge Stratus insurance for less

Many factors are considered when you get your auto insurance bill. Most are fairly basic such as your driving record, but others are not quite as obvious like your continuous coverage or your commute time.

• Raise coverage deductibles and save – Insurance for physical damage to your car, also known as collision and other-than-collision, covers your vehicle from damage. Examples of covered claims could be collision with another vehicle, damage from fire, or theft. The deductibles state the amount of money you are willing to pay before a claim is paid by your company. The more money you choose to pay out-of-pocket, the less your company will charge you for insurance on Stratus coverage.
• Avoid traffic tickets – Just one citation could increase your next policy renewal by twenty percent. Attentive drivers get better rates compared to bad drivers. People who have flagrant violations like DUI or reckless driving may find that they have to to file a SR-22 with their state’s department of motor vehicles in order to keep their license.
• Save money by eliminating extra policy coverages – There are many extra add-on coverages that can waste your money on your insurance coverage policy. Coverage for things like rental car reimbursement, towing, and extra life insurance coverage may be costing you every month. These coverages may sound good when buying your policy, but if they’re wasting money get rid of them and save.
• Certain occupations pay higher rates – Did you know your job can affect your rates? Jobs such as doctors, executives and dentists generally have the highest rates in part from intense work-related stress and extremely grueling work hours. On the flip side, careers like professors, engineers and retirees have the lowest average rates on Stratus coverage.
• Lower miles equals lower premium – The higher the mileage driven every year the more you will pay for insurance coverage. A lot of companies charge to insure your cars based upon how much you drive. Autos used primarily for pleasure use cost less to insure compared to those used for work or business. Ask your agent if your vehicle rating reflects annual mileage, because it can save money. Having an incorrect usage rating on your Stratus is throwing money out the window.
• Bad credit hurts insurance rates – Having a bad credit score can be an important factor in your rate calculation. If your credit leaves room for improvement, you could potentially save money when insuring your 2002 Dodge Stratus by repairing your credit. Consumers who have very high credit ratings tend to be less risk to insure as compared to drivers with poor credit scores.
• Your car’s features help determine rates – Buying a car with an alarm system can help bring down rates. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent auto theft and help lower rates.

Shop auto insurance online

There are a variety of methods to shop for auto insurance, but one way is easier and takes less work. You could spend your day talking about coverages with local insurance agents in your area, or you can stay home and use online quoting to maximize your effort.

Many popular insurance companies belong to a marketplace that enables customers to only type in their quote data once, and at least one company then returns a price quote determined by their information. This system prevents you from having to do repetitive form submissions to each company.

To use this form to compare rates click here to open in new window.

The only downside to pricing coverage this way is buyers cannot specifically choose which carriers to get quotes from. If you prefer to choose specific providers to request quotes from, we have assembled a list of auto insurance companies in your area. Click here for list of insurance companies.

It’s your choice how you get your quotes, but make absolute certain that you use exactly the same coverages for every company. If each company quotes different data you will not be able to determine which rate is truly the best.

Don’t overlook these insurance discounts

Some insurance providers don’t necessarily list every discount very well, so we break down both well-publicized as well as the least known credits that may apply to you.

• Government Employee Discount – Employees or retirees of the government may reduce rates when you quote insurance on Stratus coverage with a few insurance companies.
• Policy Bundle Discount – If you can combine your auto and homeowners policy with the same company they may give you a discount of as much as 10 to 15 percent.
• Defensive Driving Course – Completing a course teaching defensive driver skills could possibly earn you a 5% discount and also improve your driving technique.
• Homeowners Savings – Just being a homeowner can save you money due to the fact that maintaining a home is proof that your finances are in order.
• Smart Student Discounts – A discount for being a good student could provide a savings of up to 20% or more. Many companies even apply the discount to college students well after school through age 25.
• Distant Student Discount – Kids who live away from home at college without a vehicle on campus can be insured at a reduced rate.
• Discount for Swiching Early – Select companies give a discount for switching to them before your current policy expires. It’s a savings of about 10%.

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Most cut individual premiums such as collision or personal injury protection. So even though you would think you would end up receiving a 100% discount, you aren’t that lucky. Any qualifying discounts will help reduce your policy premium.

A list of companies and some of their more popular discounts include:

• Progressive offers discounts for continuous coverage, good student, homeowner, online quote discount, and online signing.
• Farmers Insurance offers premium reductions for bundle discounts, teen driver, youthful driver, homeowner, and switch companies.
• Farm Bureau may include discounts for youthful driver, good student, safe driver, renewal discount, and multi-vehicle.
• State Farm has savings for good student, passive restraint, accident-free, safe vehicle, and Drive Safe & Save.
• Geico may have discounts that include driver training, membership and employees, federal employee, anti-lock brakes, emergency military deployment, anti-theft, and five-year accident-free.
• SAFECO has discounts for accident prevention training, teen safe driver, drive less, multi-car, teen safety rewards, safe driver, and homeowner.
• Liberty Mutual policyholders can earn discounts including new vehicle discount, preferred payment discount, newly retired, newly married, and teen driver discount.

Check with every prospective company how many discounts you can get. Depending on the company, some discounts might not be available to policyholders in your area. To choose insurers that offer some of these discounts, click this link.

When to get professional advice

When it comes to choosing proper insurance coverage, there really is no “best” method to buy coverage. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that may help highlight if you would benefit from an agent’s advice.

• Who is covered by my policy?
• What is the difference between comprehensive and collision coverage?
• Does insurance cover damages from a DUI accident?
• Is a blown tire covered by insurance?
• How can I get high-risk coverage after a DUI?
• Which is better, split liability limits or combined limits?
• When should my teen driver be added to my policy?
• Should I buy more coverage than the required minimum liability coverage?

If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance policy coverages for a Dodge Stratus

Having a good grasp of a insurance policy aids in choosing the best coverages for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. These are typical coverage types found on the average insurance policy.

Auto collision coverage

Collision coverage covers damage to your Stratus caused by collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as crashing into a ditch, sideswiping another vehicle, backing into a parked car and rolling your car. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as damage to your 2002 Dodge Stratus.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like rock chips in glass, theft, hitting a bird and damage from flooding. The highest amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Med pay and PIP coverage provide coverage for immediate expenses for pain medications, dental work, hospital visits, doctor visits and chiropractic care. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Liability auto insurance

Liability insurance will cover damage or injury you incur to other’s property or people that is your fault. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Another option is a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for claims such as structural damage, medical expenses, attorney fees, funeral expenses and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Best coverage at the best price

When getting insurance quotes online, make sure you don’t buy poor coverage just to save money. In many cases, drivers have reduced collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to find the BEST coverage at the best price while still protecting your assets.

In this article, we covered a lot of information how to shop for 2002 Dodge Stratus insurance online. The most important thing to understand is the more price quotes you have, the better chance you’ll have of finding cheaper insurance. Consumers could even find that the best prices are with the least-expected company. These smaller insurers can often provide lower rates in certain areas compared to the large companies like Progressive or Geico.

Lower-priced 2002 Dodge Stratus insurance can be bought from both online companies in addition to many insurance agents, so get free insurance quotes from both of them to have the best rate selection. There are still a few companies who may not provide online price quotes and most of the time these small insurance companies sell through independent agents.

More articles

• Car Insurance FAQ (Trusted Choice)
• Alcohol Impaired Driving FAQ (iihs.org)
• Where can I buy Insurance? (Insurance Information Insitute)
• What Does No-Fault Insurance Cover? (Allstate)
• Vehicle Safety Ratings (iihs.org)
• Auto Insurance for Teen Drivers (Insurance Information Insitute)