Compare 2012 Chrysler 200 Insurance Rates

Are you regretting the purchase of an underperforming, overpriced insurance coverage policy? Don’t feel bad because many drivers have buyer’s remorse.

With consumers having so many companies and agents to choose from, it is very difficult to find the right company.

You should make it a habit to do rate comparisons at least once a year since rates fluctuate regularly. Even if you think you had the best rate on 200 coverage a few years ago a different company probably has better prices today. Ignore everything you know about insurance coverage because I’m going to teach you the things you must know in order to save on insurance coverage.

How to lower your insurance premiums

Part of the insurance coverage buying process is learning some of the factors that go into determining the level of your policy premiums. If you have a feel for what impacts premium levels, this empowers consumers to make smart changes that can help you get better insurance coverage rates. Multiple criteria are used when you get a price on insurance. Some of the criteria are obvious like your driving record, although some other factors are less obvious like your continuous coverage and annual miles driven.

The list below includes some of the most rate-impacting factors used by companies to determine your premiums.

• Maintain insurance coverage coverage – Driving without insurance is a big no-no and companies may charge more for letting your coverage have a gap. And not only will your rates increase, not being able to provide proof of insurance could earn you a fine, jail time, or a revoked license. You may have to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
• Insurance companies don’t like frequent insurance coverage claims – If you file claims often, you can expect either a policy non-renewal or much higher rates. Companies provide better rates to policyholders who do not file claims often. Auto insurance is designed for larger claims.
• Insurance coverage rates and your employer – Did you know that where you work can have an impact on rates? Careers such as fire fighters, architects and stock brokers tend to pay higher rates than average attributed to high stress and long work hours. On the other hand, professions such as scientists, historians and retirees get better rates on 200 coverage.
• Responsible credit saves on insurance coverage – A driver’s credit rating can be an important factor in determining your rates. If your credit rating is low, you may save money insuring your 2012 Chrysler 200 by improving your rating. Insureds that have good credit tend to be more responsible as compared to drivers with lower credit scores.
• Do safer cars cost less to insure? – Vehicles with good safety scores can get you lower premiums. The safest vehicles result in less severe injuries and reduced instances of injuries means your insurance company pays less and more competitive rates for policyholders. If your Chrysler has at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may cost less to insure.
• Your liability coverage limits – Your policy’s liability coverage will provide protection if you are determined to be liable for damages caused by your negligence. Liability provides legal defense which can be incredibly expensive. This coverage is very inexpensive compared to comp and collision, so drivers should make sure they buy enough to cover all assets.
• Save money with higher deductibles – The deductibles represent how much money the insured will be required to pay if the claim is covered. Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your car. Examples of some claims that would be covered are collision with another vehicle, damage from fire, and having a roll-over accident. The more of the claim you choose to pay out-of-pocket, the less your company will charge you for insurance on 200 coverage.
• More traffic equals higher rates – Being located in areas with lower population can be a good thing when it comes to insurance coverage. Drivers in populated areas regularly have more aggressive driving styles and a longer drive to work. Less people living in that area means fewer accidents and lower theft and vandalism rates.

Do you qualify for discounts?

Some providers do not advertise all possible discounts very clearly, so the next list breaks down a few of the more common as well as the least known credits available to lower your premiums when you buy insurance online.

• Discounts for New Vehicles – Buying insurance coverage on a new vehicle can save you some money because new model year vehicles have to meet stringent safety requirements.
• Student in College – Older children who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle could get you a discount.
• Student Driver Training – Reduce the cost of insurance for teen drivers by having them sucessfully take a drivers education course as it will make them better drivers and lower rates.
• Pay Now and Pay Less – If you pay your bill all at once instead of monthly or quarterly installments you can avoid the installment charge.
• Lower Rates for Military – Being on active deployment in the military could trigger a small discount.
• Multi-Vehicle Discounts – Drivers who insure several vehicles on the same insurance coverage policy could earn a price break for each car.
• Clubs and Organizations – Participating in a civic or occupational organization could qualify you for a break on your bill.
• No Claims – Insureds who avoid accidents and claims are rewarded with significantly better rates on insurance quote when compared to drivers with a long claim history.

One thing to note about discounts is that most discount credits are not given the the whole policy. The majority will only reduce the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears adding up those discounts means a free policy, you’re out of luck.

If you would like to choose from a list of providers with the best insurance coverage discounts, follow this link.

Don’t assume everyone needs the same car insurance coverage

When it comes to choosing proper insurance coverage, there really is not a cookie cutter policy. Every situation is different so your insurance should reflect that Here are some questions about coverages that can help discover if your insurance needs would benefit from professional advice.

• How do I insure my teen driver?
• Am I getting all the discounts available?
• Should I get collision insurance on every vehicle?
• What is the ISO rating for a 2012 Chrysler 200?
• Should I carry comprehensive and collision coverage?
• How high should deductibles be on a 2012 Chrysler 200?
• Is my ex-spouse still covered by my policy?
• Which is better, split liability limits or combined limits?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

Car insurance coverage breakdown

Knowing the specifics of your car insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverage types offered by car insurance companies.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and also any damage incurred to your Chrysler 200.

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. So UM/UIM coverage is important protection for you and your family.

Liability auto insurance

This can cover damages or injuries you inflict on 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.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability insurance covers claims like bail bonds, court costs and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Auto collision coverage

This coverage pays for damage to your 200 resulting from colliding with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as sustaining damage from a pot hole, backing into a parked car, driving through your garage door and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as surgery, prosthetic devices and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as falling objects, hitting a deer and vandalism. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

A tidy conclusion

Budget-conscious 2012 Chrysler 200 insurance can be found online as well as from insurance agents, and you should compare price quotes from both to have the best selection. Some companies do not offer rate quotes online and usually these regional insurance providers only sell through independent agencies.

We’ve covered a lot of techniques to save on 2012 Chrysler 200 insurance. The key concept to understand is the more times you quote, the higher the chance of saving money. You may be surprised to find that the best premium rates are with an unexpected company. They can often provide lower prices in certain areas compared to the large companies like Progressive and Geico.

To learn more, feel free to visit the following helpful articles:

• Rental Car Insurance Tips (Insurance Information Insitute)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• Protecting Teens from Drunk Driving (Insurance Information Insitute)
• Think You’re a Safe Driver? (State Farm)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)