2008 Chrysler Crossfire Car Insurance Cost – 9 Tips to Save

Feel like you have an overpriced auto insurance policy? Don’t feel bad because you’re not alone. There is such a variety of insurers to buy insurance from, and although it’s a good thing to be able to choose, too many choices makes it more difficult to compare company pricing.

Car insurance discounts help cut rates

Car insurance can cost a lot, but you might be missing out on some discounts that you may not even know about. Some of these disounts will be visible at the time you complete a quote, but a few need to be asked for prior to receiving the credit.

• Sign Online – Some of the larger companies give back up to $50 for signing up online.
• ABS Braking Discount – Cars, trucks, and SUVs with anti-lock braking systems have fewer accidents so you can save 10 percent or more.
• Passenger Safety Discount – Options like air bags can get savings of more than 20%.
• Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt may be able to save a few bucks on the premium charged for medical payments and/or PIP.
• Include Life Insurance and Save – Larger car insurance companies have a small discount if you purchase auto and life insurance together.
• Renewal Discounts – Some car insurance companies reward drivers for buying a new policy before your current policy expires. This can save 10% or more.
• College Student – Any of your kids who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle may qualify for this discount.
• Government Employees – Employees or retirees of the government could provide a small rate reduction on Crossfire coverage with select insurance companies.
• Low Mileage Discounts – Keeping the miles down on your Chrysler may allow you to get lower prices due to less chance of an accident.

A quick disclaimer, most discounts do not apply to your bottom line cost. Most only apply to individual premiums such as comp or med pay. So even though it sounds like you can get free auto insurance, car insurance companies aren’t that generous. Any qualifying discounts will help reduce the amount you have to pay.

A list of car insurance companies and a selection of discounts are detailed below.

• Farmers Insurance includes discounts for alternative fuel, multi-car, distant student, homeowner, teen driver, and youthful driver.
• Esurance has discounts for online quote, safety device, defensive driver, claim free, online shopper, and multi-car.
• State Farm policyholders can earn discounts including student away at school, anti-theft, defensive driving training, Steer Clear safe driver discount, safe vehicle, good driver, and passive restraint.
• Geico discounts include anti-lock brakes, defensive driver, anti-theft, multi-policy, emergency military deployment, five-year accident-free, and military active duty.
• Allstate may include discounts for early signing, safe driver, EZ pay plan discount, multi-policy, 55 and retired, and anti-lock brakes.

Check with all the companies which discounts can lower your rates. Discounts may not apply to policyholders in your area. To choose companies with the best car insurance discounts, follow this link.

Which is the best insurance coverage?

When it comes to buying proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For example, these questions might help in determining if you would benefit from professional advice.

• Do I get a pro-rated refund if I cancel my policy early?
• Am I covered if I hit my neighbor’s mailbox?
• What exactly is covered by my policy?
• Can I rate high risk drivers on liability-only vehicles?
• Does my policy cover me when driving someone else’s vehicle?
• When should I buy a commercial auto policy?
• Will my insurance pay for OEM parts?
• What is high-risk coverage and where do I buy it?
• Should I get collision insurance on every vehicle?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Will you really save $472 on insurance coverage?

Consumers get pounded daily by advertisements for cheaper insurance coverage by companies like 21st Century, Allstate and State Farm. All the ads state the claim that you’ll save big just by moving to their company.

How can each company make the same claim? It’s all in the words they use.

Many companies can use profiling for the type of driver that makes them money. One example of a desirable insured could possibly be married and over the age of 30, has never had a policy lapse, and insures a new vehicle. Someone who fits those characteristics will get very good car insurance rates and will most likely save if they switch.

People who cannot meet this stringent profile may be forced to pay more expensive rates which results in the customer buying from a different company. The ad wording is “customers who switch” but not “all drivers who get quotes” save that kind of money. This is how companies can make claims that they all have the best premium rates.

That is why it’s extremely important to compare as many free insurance quotes as you can. Because you never know with any certainty which company will give you lower car insurance rates than your current company.

Car insurance coverage considerations

Having a good grasp of a car insurance policy can help you determine which coverages you need and the correct deductibles and limits. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages found on the average car insurance policy.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for surgery, X-ray expenses, rehabilitation expenses and doctor visits. They are used in conjunction with a health insurance policy or if you do not have health coverage. It covers all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Chrysler Crossfire.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive insurance

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

Comprehensive coverage pays for claims like theft, hail damage, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum amount a car insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for collisions

This pays for damage to your Crossfire resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as hitting a parking meter, damaging your car on a curb, hitting a mailbox, backing into a parked car and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Liability coverage

This coverage provides protection from damage or injury you incur to other people or property that is your fault. 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. You might see policy limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like pain and suffering, attorney fees, bail bonds and emergency aid. How much coverage you buy is up to you, but consider buying higher limits if possible.

One last thing

Lower-priced auto insurance is definitely available on the web and from local agencies, so you need to shop insurance with both so you have a total pricing picture. Some companies don’t offer price quotes online and many times these smaller providers only sell coverage through independent agents.

We just showed you many ways to shop for 2008 Chrysler Crossfire insurance online. The key concept to understand is the more times you quote, the better chance you’ll have of finding cheaper insurance. You may even find the lowest premium rates come from a company that doesn’t do a lot of advertising. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as State Farm, Geico and Nationwide.

When buying insurance coverage, you should never skimp on critical coverages to save a buck or two. There have been many cases where an insured dropped collision coverage only to regret at claim time that the few dollars in savings costed them thousands. The proper strategy is to purchase a proper amount of coverage for the lowest cost, but do not sacrifice coverage to save money.

Additional learning opportunities

• Child Safety FAQ (iihs.org)
• Liability Insurance Coverage (Nationwide)
• Medical Payments Coverage (Liberty Mutual)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Five Tips to Save on Auto Insurance (Insurance Information Insitute)