Save on 2009 Chrysler 300 Insurance Quotes

Want better insurance coverage rates for your Chrysler 300? Locating low-cost insurance coverage can appear to be somewhat intimidating for beginners to online price comparisons. With such a large choice of companies in the marketplace, how are drivers expected to efficiently compare them all to find the lowest price available?

You need to compare prices as often as possible because insurance coverage prices are constantly changing. Even if you think you had the best deal for 300 coverage six months ago you can probably find a better rate quote now. Forget anything you know (or think you know) about insurance coverage because you’re about to learn one of the easiest ways to eliminate unnecessary coverages and save money.

Cheaper car insurance quotes with discounts

Companies that sell car insurance don’t list the entire discount list very well, so the below list has some of the best known as well as the least known discounts that may be available.

• Good Grades Discount – A discount for being a good student can earn a discount of 20% or more. You can use this discount normally until age 25.
• Discounts for Multiple Vehicles – Insuring multiple vehicles with one company can get a discount for every vehicle.
• Lower Rates for Military – Having a family member in the military may qualify for rate reductions.
• Accident Forgiveness – This isn’t a discount exactly, but a handful of insurance companies allow you one accident without getting socked with a rate hike if your claims history is clear for a particular time prior to the accident.
• Payment Method – If you can afford to pay the entire bill instead of paying each month you can actually save on your bill.
• Claim Free – Drivers with accident-free driving histories pay less in comparison to bad drivers.
• Discount for Life Insurance – Companies who offer life insurance give a discounted premium rate on car insurance if you buy life insurance.

As is typical with insurance, most discount credits are not given to your bottom line cost. Some only apply to specific coverage prices like physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, you aren’t that lucky.

A few companies who might offer these discounts include:

• Farmers Insurance
• State Farm
• Liberty Mutual
• MetLife
• Progressive

If you are trying to find the cheapest insurance coverage quotes, ask every insurance company how many discounts you can get. Some discounts listed above might not be offered in your area.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage, there isn’t really a best way to insure your cars. Each situation is unique.

Here are some questions about coverages that can aid in determining whether you might need professional guidance.

• Will my rates increase for filing one claim?
• Can I rate high risk drivers on liability-only vehicles?
• Am I insured when driving a different vehicle?
• Can I rent a car in Mexico?
• If I drive on a suspended license am I covered?
• How much liability do I need to cover my assets?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed agent. If you don’t have a local agent, fill out this quick form.

But the ad said I’d save 15% in 15 minutes!

Big name companies like Progressive, Geico, Allstate and State Farm regularly use television and radio advertisements. They all seem to make the point about saving some big amount if you move your car insurance policy to them. How does each company have lower policy pricing? Here is how they do it.

Insurance companies can use profiling for the type of customer that will add to their bottom line. For example, this type of driver might have to be between 25 and 40, has a low-risk occupation, and does not commute to work. A customer getting a price quote that matches those criteria will qualify for the lowest auto insurance rates and will most likely cut their rates substantially.

Potential customers who are not a match for this stringent profile will see a higher rate which translates to the driver buying from a lower-cost company. The ad wording is “people who switch” not “everybody who quotes” save the amount stated. That’s the way companies can truthfully claim big savings. Because every company is different, it is so important to compare many company’s premium rates. You cannot predict which car insurance company will provide the lowest auto insurance rates.

The coverage is in the details

Learning about specific coverages of car insurance can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Comprehensive car insurance

This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, fire damage, damage from flooding and theft. The most a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability car insurance

This can cover damage that occurs to other people or property in an accident. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for things like repair bills for other people’s vehicles, legal defense fees, court costs, repair costs for stationary objects and medical services. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for short-term medical expenses like surgery, funeral costs, rehabilitation expenses, pain medications and EMT expenses. They are used in conjunction with a health insurance program or if you lack health insurance entirely. They cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as colliding with a tree, sustaining damage from a pot hole and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as damage to your Chrysler 300.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

A penny saved is a penny earned

More affordable insurance is available from both online companies in addition to many insurance agents, so you need to shop insurance coverage with both so you have a total pricing picture. Some companies do not provide online price quotes and these small insurance companies only sell through independent agents.

As you quote insurance coverage, you should never sacrifice coverage to reduce premiums. There are many occasions where consumers will sacrifice uninsured motorist or liability limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to purchase a proper amount of coverage at the best possible price, not the least amount of coverage.

Drivers switch companies for a variety of reasons including extreme rates for teen drivers, an unsatisfactory settlement offer, being labeled a high risk driver and unfair underwriting practices. No matter why you want to switch, finding a new insurance company is easier than you think.

More information

• State Car Insurance Guides (Geico)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Prom Night Tips for Teen Drivers (State Farm)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Collision Coverage (Liberty Mutual)