2015 Dodge Viper Insurance Cost

Searching for the cheapest insurance rates for your Dodge Viper? Saving money on insurance could be quite difficult for drivers not familiar with comparing prices online. With such a large choice of online companies, it can be a big hassle to find the lowest price.

If you currently have a car insurance policy, you will most likely be able to save some money using these techniques. Pricing cheaper auto insurance is quite easy. Although consumers do need to understand how insurance companies price insurance differently because it can help you find the best coverage.

How to lower your insurance costs

Many factors are taken into consideration when you get a price on insurance. A few of the factors are predictable like your driving record, but some are more transparent like where you live or how safe your car is.

Listed below are some of the factors used by insurance companies to determine rates.

  • Your vocation may affect premiums – Occupations such as doctorsair traffic controllers and financial analysts are shown to have higher rates than average in part from job stress and lots of time spent away from family. On the other hand, careers such as scientists, engineers and the unemployed receive lower rates on Viper insurance.
  • Discounts for auto and home policies – Most major insurance companies will award lower prices to buyers who carry more than one policy. It’s known as a multi-policy discount. Even if you qualify for this discount already, you may still want to shop around to confirm you are receiving the best rates possible.
  • Optional features impact prices – Choosing a vehicle with advanced anti-theft systems can get you a discount on your auto insurance. Anti-theft features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems help track and prevent auto theft.
  • Only buy coverage you need – There are quite a few additional coverages you can purchase if you don’t pay attention. Coverage for things like replacement cost coverage, high-cost glass coverage, and extra equipment coverage are probably not needed. These coverages may sound good initially, but if you have no use for them remove them from your policy.
  • Limits of liability protection – The liability section of your policy kicks in when you are ruled to be at fault for physical damage or personal injury to other. Liability insurance provides legal defense which can be incredibly expensive. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
  • Stay claim-free and save money – If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Companies give lower rates to insureds who do not file claims often. Insurance coverage is intended to be relied upon for larger claims.
  • Younger drivers pay higher rates – Teen drivers are statistically proven to get distracted easily when driving with friends therefore auto insurance rates are much higher. More experienced drivers have been proven to be more responsible, statistically cause fewer accidents .

These discounts can reduce insurance coverage rates

Insuring your vehicles can cost a lot, but there are discounts available to reduce the price significantly. Certain reductions will be credited when you quote, but some need to be specially asked for prior to getting the savings.

  • One Accident Forgiven – but some companies like GEICO, Allstate and Liberty Mutual permit an accident before raising your premiums so long as you are claim-free for a particular time prior to the accident.
  • No Accidents – Insureds with no claims or accidents have much lower rates as compared to drivers with a long claim history.
  • Bundle and Save – If you insure your home and vehicles with the same company you could get a discount of 10% to 20% off each policy.
  • Service Members Pay Less – Being deployed in the military could be rewarded with lower premium rates.
  • Cautious Driver Discounts – Drivers without accidents can pay as much as 50% less on Viper insurance than their less cautious counterparts.

Policy discounts save money, but most of the big mark downs will not be given to the entire cost. Some only reduce individual premiums such as comp or med pay. So even though it sounds like adding up those discounts means a free policy, you won’t be that lucky.

For a list of insurers that can offer you the previously mentioned discounts, click this link.

When do I need an agent’s advice?

When it comes to choosing coverage, there really is no best way to insure your cars. Everyone’s situation is a little different.

Here are some questions about coverages that could help you determine if your insurance needs might need an agent’s assistance.

  • Are my friends covered when driving my 2015 Dodge Viper?
  • Can I afford to buy a different vehicle if my 2015 Dodge Viper is totaled?
  • How high should my uninsured/underinsured coverage be in my state?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Do I have coverage when pulling a U-Haul trailer?
  • How can I get my company to pay me more for my totalled car?
  • Does coverage extend to a rental car in a foreign country?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form.

What insurance coverages do you need?

Having a good grasp of insurance helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and damage to your Dodge Viper.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Medical expense coverage

Med pay and PIP coverage reimburse you for immediate expenses for things like chiropractic care, dental work, prosthetic devices and rehabilitation expenses. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Collision insurance

Collision coverage covers damage to your Viper resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as sustaining damage from a pot hole, hitting a mailbox, scraping a guard rail and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive protection

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, hail damage, vandalism, hitting a deer and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for liability

This provides protection from injuries or damage you cause to other’s property or people. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against claims like medical services, pain and suffering and bail bonds. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Saving money is sweet as honey

Insureds switch companies for any number of reasons including being labeled a high risk driver, extreme rates for teen drivers, delays in responding to claim requests or even high rates after DUI convictions. It doesn’t matter what your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

As you go through the steps to switch your coverage, do not buy lower coverage limits just to save a few bucks. There have been many cases where drivers have reduced liability limits or collision coverage and discovered at claim time they didn’t purchase enough coverage. The aim is to buy a smart amount of coverage at the best cost and still be able to protect your assets.

Throughout this article, we presented quite a bit of information on how to lower your 2015 Dodge Viper insurance prices. The most important thing to understand is the more companies you get rates for, the better your comparison will be. You may be surprised to find that the biggest savings come from the smaller companies.

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Comments About 2015 Dodge Viper Insurance

  1. Elwood Savage

    Good detail in your article. I’m in Fayetteville, AR. Received rates from Progressive, Amica, and Eastwood for my Viper and I’m now saving $42 a month. My new agent seems to be really good.

  2. Kymberly Mcgee

    Just my two cents. I’m from Milwaukee, WI. I quoted with State Farm, Liberty Mutual, and Encompass for my 2015 Dodge Viper and I think I saved around $40 each month. Left Encompass to switch. I get multi-vehicle and multi-policy discounts. :)

  3. Yuonne Wagner

    Good detail in your article. Went with GMAC for my Viper and saved around $190 a year. Left Auto-Owners to switch. They offer free online rate quotes.

  4. Mora Chandler

    How are claims handled by Allstate around Bangor, ME?

  5. Tandra Booker

    Great site. Found cheapest coverage with State Farm for my Viper and saved around $460 a year. Even increased my liability limits.

  6. Daniella Newman

    Here’s my info. From Springfield, Missouri. Quoted with Travelers, American Family, Liberty Mutual, and Sentry for my 2015 Dodge Viper and I’m now saving $29 a month. I increased coverages a little too. Hardly afford to drive anymore.

  7. Theressa Rasmussen

    Found cheapest coverage with GEICO for my Dodge and saved around $220 a year. I think they have home insurance too.

  8. Savanna Saunders

    I live just to the south of Jacksonville, FL. Quoted with USAA, AIG Insurance, GMAC, and Mercury for my Dodge and I’m now saving $56 a month. Might find lower rates online.

  9. Dallas Kane

    Anyone understand their policy?