Compare 2012 Dodge Challenger Insurance Rates

I can’t think of a single person who loves paying for insurance coverage, especially knowing their premiums are through the roof. Vehicle owners have multiple insurers to choose from, and even though it’s nice to have a selection, lots of choices makes it harder to locate the cheapest rates.

Buying car insurance is not rocket science. If you currently have a car insurance policy, you will be able to cut costs considerably using these tips. Vehicle owners just need to know the most effective way to shop over the internet.

More affordable rates by taking advantage of discounts

Car insurance is not cheap, but you can get discounts that you may not even know about. Some discounts apply automatically when you complete an application, but less common discounts must be requested specifically in order for you to get them.

• Own a Home – Owning your own home or condo may earn you a small savings because it means you have a higher level of financial diligence.
• Discounts for Seat Belt Usage – Forcing all vehicle occupants to buckle up could cut 10% or more on the premium charged for medical payments and/or PIP.
• Multiple Policy Discount – If you can bundle your home and auto insurance and insure them with the same company you could earn a discount of at least 10 to 15 percent or more.
• Military Rewards – Being on active duty in the military may qualify for rate reductions.
• Payment Discounts – By making one initial payment as opposed to paying monthly you could save 5% or more.
• No Claim Discounts – Insureds with no claims or accidents can save substantially when compared with policyholders that have many claims.
• First Accident Forgiveness – but certain companies will forgive one accident before your rates go up if you have no claims for a particular time prior to the accident.
• Low Miles Discount – Driving less may allow you to get cheaper auto insurancerates.

As a footnote on discounts, some credits don’t apply the the whole policy. Most cut individual premiums such as liability, collision or medical payments. So even though it sounds like you would end up receiving a 100% discount, nobody gets a free ride.

For a list of providers who offer free auto insurance quotes, follow this link.

The fastest way that we advise to get rate comparisons is to take advantage of the fact auto insurance companies allow for online access to give rate comparisons. The only thing you need to do is give them some information including how much school you completed, whether you are married, your occupation, and if you require a SR-22. Those rating factors is instantly sent to insurance companies and they return cost estimate quickly.

How much insurance do I need?

When buying adequate coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. For example, these questions could help you determine whether you would benefit from an agent’s advice.

• Am I covered when driving a rental car?
• Is my state a no-fault state?
• If my pet gets injured in an accident are they covered?
• What is high-risk coverage and where do I buy it?
• What if I total my 2012 Dodge Challenger and owe more than it’s worth?
• Do I need medical payments coverage since I have good health insurance?
• Are my friends covered when driving my car?
• Is my 2012 Dodge Challenger covered for smoke damage?
• What is the ISO rating for a 2012 Dodge Challenger?
• Are my tools covered if they get stolen from my vehicle?

If it’s difficult to answer those questions but you think they might apply to your situation, 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’s fast, free and can provide invaluable advice.

Educate yourself about insurance coverages

Knowing the specifics of your insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types available from insurance companies.

Comprehensive coverage

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like hail damage, falling objects, damage from getting keyed, theft and vandalism. The most you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for collisions

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like damaging your car on a curb, backing into a parked car, crashing into a building and hitting a parking meter. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses such as nursing services, X-ray expenses, surgery, prosthetic devices and EMT expenses. They can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Coverage for liability

Liability insurance protects you from damage that occurs to other people or property that is your fault. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

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 values of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like structural damage, pain and suffering, repair costs for stationary objects and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

More comparisons equals lower rates

As you prepare to switch companies, make sure you don’t buy less coverage just to save a little money. There have been many situations where an insured cut liability coverage limits only to find out that a couple dollars of savings turned into a financial nightmare. Your strategy should be to get the best coverage possible at the best price, but do not sacrifice coverage to save money.

In this article, we presented a lot of information how to lower your 2012 Dodge Challenger insurance prices. It’s most important to understand that the more times you quote, the higher your chance of finding inexpensive insurance coverage. You may even find the best prices are with the least-expected company. These smaller insurers often have lower rates on specific markets compared to the large companies like Allstate or State Farm.

Much more information about auto insurance is located at the links below

• Insurance Losses by Make and Model (iihs.org)
• Car Insurance for Teen Drivers with Divorced Parents (Allstate)
• Drunk Driving Statistics (Insurance Information Insitute)
• Property Damage Coverage (Liberty Mutual)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• Learn About Car Insurance (Geico)