2013 Chrysler 300 Car Insurance Cost

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.

Why smart consumers pay less for Chrysler 300 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.

• Bump up deductibles to lower rates – Insurance for physical damage, also called comprehensive and collision insurance, insures against damage to your Chrysler. Examples of covered claims are collision with another vehicle, collision with an animal, and burglary. Physical damage deductibles define how much you are willing to pay in the event of a claim. The larger the amount you choose to pay out-of-pocket, the less your company will charge you for insurance for 300 insurance.
• Is you occupation costing you more? – Did you know your insurance coverage rates can be affected by your occupation? Jobs such as fire fighters, business owners and accountants generally have higher rates than average in part from high stress levels and extremely grueling work hours. Conversely, careers such as professors, students and the unemployed get better rates for 300 insurance.
• Older drivers pay less – More mature drivers are shown to be more cautious, tend to file fewer claims and receive fewer citations.Young drivers are statistically shown to be easily distracted when behind the wheel and because of this, their insurance coverage rates are much higher.
• Rural vs Urban Areas – Being located in a small town can save you money when it comes to insurance coverage. Fewer people translates into fewer accidents and lower theft and vandalism rates. People in densly populated areas regularly have congested traffic and higher rates of accident claims. The longer drive time means a statistically higher chance of an accident.
• Gender is a factor – Statistics have proven women are more cautious behind the wheel. Now that doesn’t mean males are worse at driving than females. Both genders are responsible for fender benders at about the same rate, but the men cause more damage. Men also statistically get cited for more serious violations such as DWI and reckless driving.
• Extra policy coverages can cost a lot – There are many extra coverages that sound like a good idea at the time if you aren’t diligent. Coverages for vanishing deductibles, better glass coverage, and membership fees could be just wasting money. These may sound like a good investment when discussing your needs, but if they’re wasting money eliminate them to save money.
• A policy lapse can increase prices – Driving any period of time without insurance can get your license suspended and as a result your rates will increase for letting your insurance coverage expire. In addition to paying higher premiums, the inability to provide proof of insurance could earn you a hefty fine and possibly a revoked license.

Take advantage of every car insurance discount

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.

• Multiple Vehicles – Insuring all your vehicles on a single policy qualifies for this discount.
• Employee of Federal Government – Active or retired federal employment could cut as much as 10% off for 300 insurance with select insurance companies.
• Senior Citizen Discount – If you qualify as a senior citizen, you are able to get a slight reduction on a insurance coverage quote for 300 insurance.
• Full Payment Discount – If you can afford to pay the entire bill rather than paying monthly you may have a lower total premium amount.
• Good Student Discount – A discount for being a good student may save as much as 25% on a insurance coverage quote. This discount can apply up until you turn 25.
• Theft Deterent – Cars, trucks, and SUVs with anti-theft systems are stolen with less frequency and will qualify for a discount on a insurance coverage quote.
• Discount for Multiple Policies – If you combine your home and auto policies with the same company you could get a discount of 10% to 20% off each policy.
• Defensive Driver Discount – Taking part in a safe driver course is a good idea and can lower rates depending on where you live.

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.

How to know if you need help

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.

• Do I have any recourse if my insurance company denies a claim?
• Does having multiple vehicles earn me a discount?
• Is pleasure use cheaper than using my 2013 Chrysler 300 to commute?
• How high should my medical payments coverage be?
• Do I need roadside assistance coverage?
• How do I buy GAP insurance?
• Am I covered if hit by an uninsured driver?
• Exactly who is provided coverage by my policy?

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.

Insurance coverage options for a Chrysler 300

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.

Comprehensive protection

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 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.

Medical expense coverage

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

Uninsured or underinsured coverage

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.

Liability coverage

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.

Saving money is sweet as honey

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:

• Red Light Cameras (State Farm)
• Get the Right Protection (InsureUonline.org)
• Prom Night Tips for Teen Drivers (State Farm)
• How do I File a Claim? (Insurance Information Insitute)