2014 Chrysler 300 Insurance Rates

Searching for lower insurance rates for your Chrysler 300? Locating low-cost insurance for your Chrysler 300 can be an all-consuming task, but you can learn our insurance buying tips and make it easy. There are both good and bad ways to find insurance online so you’re going to learn the best way to compare rates for your Chrysler and find the lowest possible price either online or from local insurance agents.

You should take the time to shop coverage around occasionally because insurance prices are variable and change quite frequently. If you had the best quotes on 300 coverage a few years ago the chances are good that you can find a lower rate today. Block out anything you think you know about insurance because you’re about to learn one of the easiest ways to reduce your cost while improving coverage.

Buying car insurance is quite easy. If you have a current insurance coverage policy or are shopping for new coverage, you can learn to reduce the price you pay while maintaining coverages. Drivers only need an understanding of the proper way to shop online.

Insurance companies offer money-saving discounts

Companies that sell car insurance do not advertise every disount available very clearly, so we break down some of the best known and the harder-to-find discounts that you may qualify for.

• No Claims – Drivers who stay claim-free have much lower rates as opposed to frequent claim filers.
• Sign Early and Save – A few larger companies give discounts for signing up prior to your current policy expiration. You can save around 10% with this discount.
• Multiple Vehicles – Having more than one vehicle with the same insurance company can get a discount for every vehicle.
• Accident Forgiveness Coverage – This one isn’t a discount, but a handful of insurance companies permit an accident without getting socked with a rate hike if you are claim-free for a specific time period.
• Discount for Low Mileage – Keeping the miles down on your Chrysler may allow you to get lower insurancerates on the low mileage vehicles.
• Senior Discount – Seniors are able to get a discount up to 10% on 300 coverage.

One thing to note about discounts is that most of the big mark downs will not be given to the entire policy premium. Some only apply to the price of certain insurance coverages like comprehensive or collision. Even though the math looks like you could get a free insurance policy, insurance companies wouldn’t stay in business.

Companies that have these benefits possibly include:

• Farm Bureau
• MetLife
• Progressive
• AAA
• American Family
• Geico
• State Farm

If you need inexpensive insurance coverage quotes, ask all companies you are considering how you can save money. Depending on the company, some discounts may not apply to policies in your state. For a list of providers that have a full spectrum of discounts, click this link.

Do I just need basic coverages?

When buying proper insurance coverage, there really is not a “best” method to buy coverage. Everyone’s situation is unique.

Here are some questions about coverages that might help in determining whether your personal situation will benefit from professional help.

• Is my custom paint covered by insurance?
• Do I benefit by insuring my home with the same company?
• Can I drive in Mexico and have coverage?
• Can I pay claims out-of-pocket if I buy high deductibles?
• What if I don’t agree with a claim settlement offer?
• Does insurance cover damages from a DUI accident?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and can help protect your family.

Be skeptical of car insurance ads

Consumers can’t get away from all the ads for cheaper car insurance from the likes of Progressive, Geico, Allstate and State Farm. They all seem to make the promise that people will save if you switch your policy.

How do they all cost less than your current company? You have to listen carefully.

Many companies have a certain “appetite” for the type of driver that earns them the highest profit. An example of a desirable risk could be between the ages of 30 and 45, has few claims, and drives a safe vehicle. Anybody who matches that profile will most likely get cheap prices and therefore will save quite a bit of money when switching.

Insureds who do not meet this stringent profile will get higher rates which translates to business not being written. If you pay attention, the ads say “drivers who switch” but not “everyone who gets a quote” save the amount stated. That’s why companies can claim big savings. This really illustrates why you really should quote coverage with many companies. Because you never know with any certainty which company will have the best auto insurance rates.

Car insurance coverage information

Knowing the specifics of a car insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

UM/UIM Coverage – This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Chrysler 300.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive or Other Than Collision – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from flooding, rock chips in glass, hitting a deer and fire damage. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like hospital visits, X-ray expenses and dental work. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states and may carry a deductible

Collision – This will pay to fix damage to your 300 resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as backing into a parked car, driving through your garage door, sustaining damage from a pot hole and rolling your car. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Liability insurance – This can cover damages or injuries you inflict on other people or property that is your fault. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability can pay for claims such as repair costs for stationary objects, court costs, pain and suffering, repair bills for other people’s vehicles and structural damage. The amount of liability coverage you purchase is up to you, but consider buying as high a limit as you can afford.

In any little way, save everyday

As you quote insurance coverage, it’s a bad idea to reduce coverage to reduce premium. There are too many instances where consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to find the BEST coverage at a price you can afford and still be able to protect your assets.

Discount 2014 Chrysler 300 insurance can be sourced online as well as from insurance agents, so you need to shop insurance coverage with both to have the best chance of lowering rates. There are still a few companies who may not have rates over the internet and usually these small, regional companies only sell through local independent agents.

We just covered a lot of ways to compare 2014 Chrysler 300 insurance prices online. The key thing to remember is the more you quote insurance coverage, the better likelihood of getting cheaper insurance coverage. Drivers may discover the biggest savings come from a company that doesn’t do a lot of advertising.

More tips and info about insurance is available in these articles:

• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• How do I File a Claim? (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)
• Collision Coverage (Liberty Mutual)