Looking for cheaper auto insurance rates for your Dodge Magnum? There isn’t anyone who is fond of buying auto insurance, in particular when the prices are way too high. Companies like Allstate, Liberty Mutual and State Farm continually hit you with catchy ads and it can be hard to not get sucked in by the cute commercials and effectively compare rates to find the best deal.
It’s a good habit to shop coverage around quite often due to the fact that insurance rates change frequently. Even if you got the lowest premium rates for Magnum insurance two years ago other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because you’re going to learn the best way to reduce your cost while increasing coverage.
If you have a current insurance policy or are just looking to switch companies, you can use this information to shop for the lowest rates while maximizing coverage. Buying car insurance is quite easy. Vehicle owners just need to learn the proper way to compare prices online.
The easiest way to get rate comparisons is to take advantage of the fact most of the larger companies allow for online access to give free rates quotes. The one thing you need to do is provide a little information such as marital status, the type of vehicles you drive, how many miles driven, and your general credit rating. That rating data gets sent immediately to insurance companies and they return cost estimate instantly to find the best rate.
To start a rate quote now, click here then complete the form.
Properly insuring your vehicles can get expensive, but there’s a good chance there are discounts that you may not even know about. Certain reductions will be credited when you get a quote, but a few must be inquired about before you get the savings.
Policy discounts save money, but most credits do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Despite the fact that it seems like adding up those discounts means a free policy, you aren’t that lucky.
Companies and a summarized list of policyholder discounts can be read below.
If you need affordable insurance quotes, ask every insurance company which discounts you may be entitled to. Savings may not be available in your area.
When it comes to buying the best auto insurance coverage for your personal vehicles, there really is no best way to insure your cars. Each situation is unique and a cookie cutter policy won’t apply. For example, these questions may help you determine whether or not you may require specific advice.
If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.
Consumers can’t get away from ads that claim the best premium rates by companies like 21st Century, Allstate and State Farm. They all advertise claims that people will save if you change your policy.
That’s great but how can every company charge less that you’re paying now? It’s all in how they say it.
All companies give the best rates for the type of insured that will add to their bottom line. For instance, this type of insured may need to be over the age of 45, has a clear driving record, and does not commute to work. Anyone that hits that “sweet spot” will most likely get cheap prices as well as cut their rates if they switch.
Drivers who cannot meet these criteria will be charged more expensive rates and ends up with business not being written. Company advertisements say “customers that switch” not “all people who quote” save that much when switching. This is how companies can truthfully make those statements. Each company has different criteria, so you really need to get insurance quotes as often as possible. It’s not possible to predict the company that will fit you best based on your risk profile.
Understanding the coverages of insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverages found on most insurance policies.
Comprehensive (Other than Collision) – This pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things such as a broken windshield, damage from getting keyed, hitting a deer, fire damage and rock chips in glass. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Collision coverage – Collision coverage pays for damage to your Magnum from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims like colliding with another moving vehicle, sustaining damage from a pot hole, driving through your garage door, hitting a parking meter and hitting a mailbox. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.
Medical expense insurance – Med pay and PIP coverage kick in for short-term medical expenses for things like surgery, rehabilitation expenses and funeral costs. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage
Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
Liability car insurance – This provides protection from injuries or damage you cause to a person or their property. This coverage protects you from legal claims by others, and does not provide coverage for 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. You might see limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.
Liability coverage protects against claims such as pain and suffering, emergency aid and court costs. How much coverage you buy is a personal decision, but consider buying as much as you can afford.
Budget-friendly insurance is available on the web in addition to local insurance agencies, and you should compare price quotes from both to have the best chance of lowering rates. Some companies may not provide online rate quotes and usually these small, regional companies prefer to sell through independent agencies.
While you’re price shopping online, it’s very important that you do not sacrifice coverage to reduce premiums. There have been many cases where an insured cut uninsured motorist or liability limits only to find out that it was a big error on their part. Your goal should be to get the best coverage possible at a price you can afford while still protecting your assets.