Compare 2008 Dodge Magnum Car Insurance Quotes

Do you get exhausted from being strong-armed to pay high insurance coverage rates every month? You have the same problem as many other consumers. People have many car insurance companies to choose from, and although it’s nice to have a choice, lots of choices makes it harder to adequately compare rates.

Choosing the best insurance company for you is not that difficult. If you currently have car insurance, you will most likely be able to save some money using this information. Vehicle owners just need to learn the proper way to shop their coverage around on the web.

The best way to compare car insurance rates is to take advantage of the fact car insurance companies allow for online access to give you rate quotes. The only thing you need to do is provide a little information like driver details, the type of vehicles you drive, whether the vehicles are used for commuting, and any included safety features. That information is automatically sent to all major companies and you will receive price estimates with very little delay.

How your Magnum insurance premiums are determined

Many different elements are used when you get your auto insurance bill. Most are fairly basic such as your driving record, although some other factors are more transparent such as your credit history or how safe your car is.

Shown below are a few of the “ingredients” used by companies to determine your prices.

• High credit rating translates to low prices – Credit score can be a huge factor in your rate calculation. Insureds that have excellent credit tend to be better risks to insure than drivers who have poor credit scores. Therefore, if your credit leaves room for improvement, you could potentially save money when insuring your 2008 Dodge Magnum by improving your rating.
• Remove unneeded extra policy coverages – There are a lot of extra add-on coverages that you can get tricked into buying when buying auto insurance. Coverages like roadside assistance, accidental death, and membership fees are probably not needed. These may sound like a good investment when talking to your agent, but now you might not need them so remove them and pocket the money.
• More traffic means higher claims – Living in a rural area has definite advantages when talking about auto insurance. People in densly populated areas tend to have more auto accidents and a longer drive to work. Fewer drivers on the road means fewer accidents in addition to lower liability claims
• Youthful drivers cost more – Mature drivers are more cautious drivers, tend to file fewer claims , and usually have better credit.Young drivers tend to be careless and easily distracted when at the wheel of a vehicle therefore auto insurance rates are much higher.

Do you qualify for discount car insurance?

The cost of insuring your cars can be expensive, but you might find some hidden discounts to cut the cost considerably. A few discounts will automatically apply when you complete an application, but less common discounts must be requested specifically before you will receive the discount. If you don’t get every credit you deserve, you may be paying too high a price.

• Discount for Swiching Early – Some insurance companies provide a discount for buying a policy before your current expiration date. This discount can save up to 10%.
• Seat Belts Save more than Lives – Requiring all passengers to fasten their seat belts can save 10% or more on medical payment and PIP coverage.
• Passive Restraints – Cars that have air bags may earn rate discounts of 25 to 30%.
• Full Payment Discount – By making one initial payment rather than paying in monthly installments you could save 5% or more.
• Multiple Policy Discount – If you insure your home and vehicles with the same company you could earn a discount of up to 20% off your total premium.
• Defensive Driver – Completing a course in defensive driving is a good idea and can lower rates depending on where you live.
• Distant Student Discount – College-age children living away from home attending college and won’t have access to an insured vehicle may be able to be covered for less.
• Sign Online – Some of the larger companies will give you a small discount for completing your application on your computer.
• Military Deployment Discount – Being deployed with a military unit may qualify for rate reductions.
• Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn better premium rates if you take out a life insurance policy as well.

Please keep in mind that most discount credits are not given to your bottom line cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. Even though the math looks like it’s possible to get free car insurance, car insurance companies aren’t that generous.

A few popular companies and a partial list of their discounts are shown below.

• 21st Century discounts include good student, homeowners, theft prevention, 55 and older, and automatic seat belts.
• Progressive offers premium reductions for good student, online signing, multi-vehicle, online quote discount, continuous coverage, multi-policy, and homeowner.
• State Farm may offer discounts for anti-theft, good driver, good student, multiple autos, Steer Clear safe driver discount, Drive Safe & Save, and safe vehicle.
• Nationwide may have discounts that include family plan, good student, business or organization, defensive driving, and Farm Bureau membership.
• Esurance has discounts for good student, anti-theft, online shopper, defensive driver, multi-policy, and claim free.
• The Hartford may include discounts for good student, anti-theft, driver training, vehicle fuel type, and air bag.

When getting free car insurance quotes, it’s a good idea to every insurance company how many discounts you can get. Savings may not apply to policies in your state. To choose car insurance companies that provide some of the discounts listed above, click here to view.

What insurance coverages do I need?

When buying adequate coverage, there really is no cookie cutter policy. Every situation is different so your insurance needs to address that. For instance, these questions may help you determine if your situation might need professional guidance.

• When would I need additional glass coverage?
• Will filing a claim cost me more?
• Should I bundle my homeowners policy with my auto?
• What is covered by UM/UIM coverage?
• When can my company non-renew my policy?
• Do I pay less for low miles?

If you can’t answer these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area. It is quick, free and you can get the answers you need.

Insurance coverage considerations

Learning about specific coverages of your policy can be of help when determining appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring. These are the normal coverages offered by insurance companies.

Auto collision coverage

Collision insurance covers damage to your Magnum resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sideswiping another vehicle, rolling your car, colliding with another moving vehicle and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision)

This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, theft, damage from a tornado or hurricane, hitting a bird and rock chips in glass. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance kick in for expenses such as X-ray expenses, nursing services, ambulance fees, pain medications and dental work. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since 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 should not be overlooked.

Liability coverages

Liability insurance protects you from damage that occurs to other’s property or people by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t 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 policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability can pay for claims like structural damage, repair costs for stationary objects, repair bills for other people’s vehicles, emergency aid and bail bonds. How much coverage you buy is your choice, but buy as much as you can afford.

Don’t break the bank

Low-cost 2008 Dodge Magnum insurance can be bought on the web and also from your neighborhood agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance coverage companies do not offer internet price quotes and many times these smaller companies prefer to sell through independent insurance agents.

When shopping online for insurance coverage, you should never skimp on critical coverages to save a buck or two. In many cases, an insured dropped comprehensive coverage or liability limits only to regret they didn’t have enough coverage. The proper strategy is to purchase plenty of coverage at a price you can afford but still have enough coverage for asset protection.

Additional detailed information is located by following these links:

• Car Insurance: When not to Skimp (BankRate.com)
• Your Car has been Stolen: Now What? (Allstate)
• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• What to do at the Scene of an Accident (Insurance Information Insitute)
• What Does No-Fault Insurance Cover? (Allstate)
• Where can I buy Insurance? (Insurance Information Insitute)