If you’re new to shopping for insurance coverage quotes online, you may be confused by the vast number of online companies vying for business.
Smart consumers take time to compare rates quite often because auto insurance rates are rarely the same from one policy term to another. Even if you think you had the lowest premium rates for 300 insurance at your last renewal a different company probably has better prices today. Ignore everything you know about auto insurance because you’re going to learn the easiest way to save on auto insurance.
A large part of saving on insurance coverage is knowing some of the elements that go into determining your insurance coverage rates. If you have some idea of what controls the rates you pay, this enables informed choices that will entitle you to lower rates.
The itemized list below are some of the major factors that factor into premiums.
Car insurance companies do not list every available discount very clearly, so the list below contains some of the best known in addition to some of the lesser obvious credits that may apply to you. If you aren’t receiving every discount you qualify for, you’re paying more than you need to.
Discounts save money, but please remember that most credits do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like comp or med pay. Even though it appears all the discounts add up to a free policy, it’s just not the way it works.
If you would like to choose from a list of providers that have a full spectrum of discounts, click here.
When it comes to choosing coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different.
For instance, these questions may help highlight if you might need professional guidance.
If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you don’t have a local agent, fill out this quick form.
Understanding the coverages of insurance can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.
This coverage covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, rock chips in glass, damage from getting keyed, vandalism and hitting a deer. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Collision insurance pays for damage to your 300 resulting from colliding 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 protects against things like hitting a mailbox, driving through your garage door, sideswiping another vehicle and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.
Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses like ambulance fees, nursing services, surgery, hospital visits and X-ray expenses. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. It covers not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible
This coverage gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Chrysler 300.
Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.
This can cover injuries or damage you cause to other people or property. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.
Coverage consists of three different 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 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability coverage pays for claims such as bail bonds, emergency aid, court costs and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.
As you go through the steps to switch your coverage, you should never skimp on coverage in order to save money. There have been many cases where drivers have reduced uninsured motorist or liability limits and discovered at claim time that the savings was not a smart move. Your strategy should be to buy enough coverage at an affordable rate but still have enough coverage for asset protection.
We covered a lot of tips how to shop for 2013 Chrysler 300 insurance online. The key thing to remember is the more companies you get prices for, the more likely it is that you will get a better rate. You may be surprised to find that the lowest priced car insurance comes from a small mutual company.
Drivers switch companies for a variety of reasons including extreme rates for teen drivers, delays in paying claims, not issuing a premium refund or even being labeled a high risk driver. Whatever your reason, switching companies can be less work than you think.
To learn more, take a look at the following helpful articles:
Janee Hoover
In Wichita, Kansas, 21st Century is a good choice.
Sheldon Moon
Not sure what I should be paying. I live on the south side of Tampa, FL. Went online for free insurance quotes for a 2013 Chrysler 300. Ended up at about $360 savings annually. Went with GEICO. I quoted rates online then called them.
Jennette Pena
Here’s my info. Checking in from Bismarck, ND. I got free quotes from Hanover, Amica, Nationwide, and a couple others for my Chrysler and I think I saved around $40 each month. I’m a pretty low risk driver. You can get a rate quote online.
Jamee Mendez
In Virginia Beach, Virginia, Auto-Owners had the best rates for my 2013 Chrysler 300. Was with Eastwood. I have several vehicles insured with them. I used their online quote form to compare rates.
Emmitt Davidson
Cheaper not always better. Quoted with Eastwood for my Chrysler and saved about $470 a year. Hardly afford to drive anymore.
Mayme Vaughan
Hope my rates come down. I live just to the south of Nashua, NH. Quoted rates from 21st Century, The General, and Esurance for my 300 and I’m now saving $28 a month. Insured with Amica before. I get lower rates because of my clean driving record. LOL
Tracy Allison
I’m in the suburbs of Spokane, WA. Quoted a bunch of companies. Saved darn near $50 a month. Allstate was the best choice for me.
Fairy Greer
Cheap is relative. From a town just southwest of Kailua, HI. I quoted with GEICO, Auto-Owners, and some I forget for my 300 and saved just over $450 a year. I got a quote from their website.