Think you have an expensive car insurance policy? You’re in good company because there are many drivers thinking the same thing.
Vehicle owners have so many insurance companies to choose from, and even though it’s nice to have multiple companies, it can be more challenging to adequately compare rates.
It is always a good idea to quote other rates periodically since prices are constantly changing. Just because you had the best deal on Charger coverage on your last policy you may be paying too much now. Block out anything you think you know about car insurance because you’re going to learn the quickest way to properly buy coverages and cut your premium.
Buying insurance is not cheap, but there could be available discounts that may help make it more affordable. Larger premium reductions will be automatically applied at quote time, but a few must be inquired about before you get the savings. If you’re not getting every credit available, you are throwing money away.
Discounts save money, but please remember that many deductions do not apply to all coverage premiums. Most only apply to the cost of specific coverages such as comp or med pay. Even though it may seem like it’s possible to get free car insurance, insurance companies wouldn’t stay in business. But all discounts will bring down your policy premium.
To find insurers who offer free insurance quotes, follow this link.
Smart consumers have a good feel for the rating factors that come into play when calculating the level of your policy premiums. If you have some idea of what impacts premium levels, this enables you to make decisions that may result in big savings. Multiple criteria are considered when you quote your car insurance policy. A few of the factors are predictable like your driving record, but some are less apparent such as your credit history or your vehicle rating.
The itemized list below are just a few of the factors used by companies to determine your rates.
When choosing coverage, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s so your insurance needs to address that. For instance, these questions can aid in determining if your situation could use an agent’s help.
If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Understanding the coverages of a car insurance policy can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Listed below are typical coverage types available from car insurance companies.
Collision coverage protection
This will pay to fix damage to your Charger resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.
Collision insurance covers things such as rolling your car, sustaining damage from a pot hole and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to raise the deductible to bring the cost down.
Comprehensive (Other than Collision)
This pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like a broken windshield, hail damage, damage from getting keyed, hitting a deer and falling objects. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Medical expense insurance
Coverage for medical payments and/or PIP kick in for bills for things like X-ray expenses, pain medications, doctor visits and chiropractic care. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. It covers both the driver and occupants and also covers getting struck while a pedestrian. PIP is not available in all states and may carry a deductible
Auto liability
This coverage can cover damage or injury you incur to people or other property in an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.
Liability coverage pays for things such as funeral expenses, emergency aid and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.
Protection from uninsured/underinsured drivers
This coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Dodge Charger.
Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.
Some insurance companies may not offer online quoting and usually these regional carriers work with local independent agents. Affordable 2007 Dodge Charger insurance is possible from both online companies and from local agencies, and you need to comparison shop both to have the best selection.
As you restructure your insurance plan, make sure you don’t reduce coverage to reduce premium. There have been many cases where consumers will sacrifice full coverage to discover at claim time they didn’t have enough coverage. Your goal should be to purchase a proper amount of coverage at the best possible price but still have enough coverage for asset protection.
More tips and info about car insurance is available in these articles:
Marica Oneill
GEICO and State Farm had the best prices I found in Minnesota.
Chuck Grant
I’m from Mobile, AL. Not sure of all the companies but I ended up saving about $60 each month. Thankfully I’m not a high risk driver. Not sure if rates are cheaper online or through an agent.
Robbi Robertson
I found pretty cheap rate quotes for a 2007 Dodge Charger in New Orleans, LA. Ended up at about $500 every six months with Auto-Owners. Insured with Esurance before. Not sure if rates are cheaper online or not.
Patsy Slater
I’m just north of Worcester, MA and for me 21st Century had the lowest quote. Was with The General. Still almost need a second mortgage.
Tiffaney Pacheco
All companies are crooks. I’m in Grand Rapids, MI. Got prices from AIG Insurance, Mercury, and Travelers for my 2007 Dodge Charger and saved just over $250 a year. Insured with Amica before. I have a couple other vehicles on the policy.
Wilfredo Ware
I found pretty cheap rate quotes for a 2007 Dodge Charger in Fort Smith, AR. Ended up at roughly $330 every six months with AIG Insurance.