2006 Dodge Viper Car Insurance Rates

No normal person likes buying insurance coverage, in particular when they could get a better deal.

Having so many options when it comes to insurance coverage, it can be impossible to choose a lower cost insurance coverage provider.

The purpose of this article is to let you in on the most effective way to quote insurance and some money-saving tips. If you currently have a car insurance policy, you will be able to cut costs considerably using this information. But consumers do need to learn the way insurance companies compete online.

How to get free auto insurance quotes online

When looking for cheap car insurance quotes, there are a couple ways of comparing rates from all the different companies. The quickest method to do a complete rate comparison involves getting comparison quotes online. This can be done in a couple of different ways.

1. The recommended way to compare a lot of rates at once is an all-inclusive rate comparison like this one (opens in new window). This quick form keeps you from doing multiple quote forms for each price estimate. Taking the time to complete one form gets rate comparisons from multiple low-cost companies.
2. A slightly less efficient method to get comparison quotes is to take the time to go to the website for every company you want to comare to request a price quote. For example, let’s say you are doing a rate comparison from Allstate, Liberty Mutual and Travelers. You would have to visit each site to enter the same coverage data repeatedly, which is why the first method is quicker. For a list of links to companies insuring cars in your area, click here.
3. The last method to quote and compare insurance rates to local insurance agencies. Buying insurance online can eliminate the need for a local agent unless your situation requires the trained guidance of a local agent. Drivers can obtain prices from the web but buy from a local insurance agent.

The approach you take is up to you, just make sure you use apples-to-apples coverage limits for each comparison quote. If your comparisons have different liability limits it’s impossible to truly determine the lowest rate. Quoting even small variations in limits could mean much higher rates. It’s important to know that comparing more company’s prices helps improve the odds of finding the best price. Some smaller insurers to not give online quotes, so it’s recommended that you also compare rates from the smaller companies as well.

Car insurance advertising gotchas

Car insurance companies such as State Farm, Allstate and Geico seem to constantly run ads in print and on television. They all seem to try to convey promises about savings if you switch your coverage to them. How do they all offer you a better deal? It’s all in the wording.

Insurance providers quote their cheapest rates for the type of driver that will most likely be profitable. An example of a desirable insured might be described as over the age of 40, is a homeowner, and drives less than 10,000 miles a year. Any driver who fits those characteristics receives the best prices and will most likely cut their rates if they switch.

Potential customers who are not a match for this ideal profile will probably have to pay more expensive rates and this results in business going elsewhere. If you pay close attention to the ads, they say “drivers that switch” not “everybody who quotes” save that much when switching. That’s the way insurance companies can advertise the way they do.

Because of this risk profiling, you should get car insurance quotes from several different companies. It is just not possible to predict which car insurance company will be your best fit.

Discounts to earn affordable car insurance rates

Some providers don’t necessarily list all available discounts very clearly, so we break down some of the more common and also the lesser-known discounts that may be available.

• Low Mileage Discounts – Driving less could earn discounted prices on garaged vehicles.
• Discount for Swiching Early – A few car insurance companies offer discounts for switching to them prior to the expiration date on your current policy. It can save you around 10%.
• Lower Rates for Military – Being on active duty in the military can result in better premium rates.
• Seat Belts Save – Forcing all vehicle occupants to use their safety belts can save a little off PIP or medical payments premium.
• Life Insurance Discount – Larger insurance companies have better rates if you take out some life insurance in addition to your auto policy.
• Distant College Student Discount – Older children who are enrolled in a college that is more than 100 miles from home and do not take a car to college may qualify for this discount.
• Membership in Organizations – Being in qualifying employment or professional organizations could earn you a nice discount when getting a car insurance quote.
• Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and therefore earn up to a 10% discount.
• Buy New and Save – Buying a new car instead of a used car is cheaper since newer models have better safety ratings.
• Employee of Federal Government – Being employed by or retired from a federal job can earn a discount up to 10% for Viper coverage with some car insurance companies.

A little note about advertised discounts, many deductions do not apply the the whole policy. The majority will only reduce the price of certain insurance coverages like comp or med pay. So when it seems like adding up those discounts means a free policy, you’re out of luck.

Companies that may offer these discounts include:

• American Family
• Farm Bureau
• State Farm
• Travelers
• The Hartford
• Geico
• Progressive

When getting a coverage quote, ask each company to give you their best rates. Some credits may not apply to policyholders in your area. If you would like to choose from a list of providers that provide some of the discounts listed above, click this link.

Tailor your auto insurance coverage to you

When it comes to buying proper insurance coverage for your vehicles, there is no one size fits all plan. Each situation is unique and your policy should reflect that. These are some specific questions may help highlight if you might need professional guidance.

• How many claims can I have before being cancelled?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Am I covered when driving a rental car?
• Do I need more liability coverage?
• At what point should I drop full coverage?
• What is covered by UM/UIM coverage?
• When should I remove comp and collision on my 2006 Dodge Viper?
• What can I do if my company denied a claim?

If you don’t know the answers to these questions, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area.

Coverage specifics

Knowing the specifics of your auto insurance policy aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Shown next are the usual coverages offered by auto insurance companies.

Liability coverage – This coverage can cover damage or injury you incur to a person or their property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for claims like loss of income, legal defense fees, pain and suffering, funeral expenses and repair costs for stationary objects. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

UM/UIM Coverage – This provides protection when other motorists either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Dodge Viper.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Frequently the UM/UIM limits are set the same as your liablity limits.

Collision coverage – This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as colliding with a tree, damaging your car on a curb, hitting a parking meter, backing into a parked car and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision – Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like theft, hitting a deer, fire damage and a tree branch falling on your vehicle. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like prosthetic devices, nursing services, surgery, funeral costs and EMT expenses. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Summing up your insurance coverage search

Cheap 2006 Dodge Viper insurance can be found on the web as well as from independent agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who do not provide rate quotes online and many times these small, regional companies provide coverage only through local independent agencies.

Throughout this article, we presented many tips how you can lower your 2006 Dodge Viper insurance premium rates. The key concept to understand is the more price quotes you have, the better your comparison will be. Drivers may discover the biggest savings come from a small local company. These companies may only write in your state and offer lower prices than their larger competitors like State Farm, Geico and Nationwide.

More learning opportunities

• Avoiding Deer Collisions (Insurance Information Insitute)
• Think You’re a Safe Driver? (State Farm)
• Five Mistakes to Avoid (Insurance Information Insitute)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Prepare your Teens for Safe Driving (InsureUonline.org)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)