2018 Dodge Challenger Insurance Rates – 8 Ways to Save

Finding cheap car insurance may seem complicated initially if you haven’t ever compared insurance using rate quotes online. But keep reading because using the internet to shop for insurance is actually quite easy.

You need to do price comparisons on a regular basis since insurance prices are constantly changing. Even if you got the best quotes for Challenger insurance a few years ago you may be paying too much now. Forget anything you know (or think you know) about insurance because you’re about to find out one of the easiest ways to find the best coverage while lowering your premiums.

Buying car insurance is not rocket science. If you currently have a car insurance policy, you will most likely be able to save some money using these methods. Nevertheless, drivers can benefit from knowing how the larger insurance companies sell online and take advantage of how the system works.

Get lower-cost rates with these eight discounts

The cost of insuring your cars can be expensive, but there could be available discounts that could help you make your next renewal payment. A few discounts will be applied when you complete an application, but a few must be specially asked for before they will apply. If you do not check that you are getting every discount available, you are throwing money away.

  • Passenger Safety Discount – Vehicles equipped with air bags or automatic seat belts can qualify for discounts of more than 20%.
  • Anti-theft System – Cars and trucks that have factory anti-theft systems have a lower chance of being stolen and qualify for as much as a 10% discount.
  • Senior Citizen Discount – If you qualify as a senior citizen, you may be able to get a discount up to 10% for Challenger insurance.
  • No Accidents – Drivers with accident-free driving histories pay much less when compared to bad drivers.
  • Switch and Save Discount – Some larger companies reward drivers for switching to them prior to the expiration date on your current policy. This discount can save up to 10%.
  • Discount for Multiple Policies – If you have multiple policies with the same insurance company you may earn approximately 10% to 15%.
  • Discounts for Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Student Discounts – This discount can get you a discount of up to 25%. This discount can apply well after school through age 25.

As is typical with insurance, most discount credits are not given to your bottom line cost. Most cut individual premiums such as collision or personal injury protection. Even though it appears having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

If you would like to choose from a list of insurance companies who offer cheap auto insurance quotes, click this link.

Insurance myths debunked

Well-known insurance companies like State Farm, Geico and Progressive endlessly run television and radio advertisements. All the ads advertise the message about how much you will save if you just switch to them. How do they all offer you a better deal? This is how they do it.

Insurance companies have an ideal profile for the type of insured that will add to their bottom line. A good example of this type of risk profile may be a married female, has no claims, and has great credit. Someone that hits that “sweet spot” will get the preferred premium rates and will also save some money.

Drivers who do not meet these criteria will see a more expensive rate with the end result being the customer not purchasing. The trick is to say “customers who switch” not “all people who quote” save that kind of money. That’s why companies can make it sound like they have such great prices. This really drives home the point why you should do a rate comparison at every renewal. It’s just too difficult to predict which insurance companies will be your best fit.

What is the best insurance coverage?

When it comes to buying the right insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Every insured’s situation is different.

These are some specific questions may help highlight if your situation would benefit from professional advice.

  • Why does it cost so much to insure a teen driver?
  • Is my teen driver covered when they drive my company car?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Does insurance cover damages from a DUI accident?
  • Does my insurance cover a custom paint job?
  • How can I get high-risk coverage after a DUI?
  • Do I pay less if my vehicle is kept in my garage?
  • Do I have coverage when using my vehicle for my home business?
  • Should I file a claim if it’s only slightly more than my deductible?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form.

Insurance coverage considerations

Understanding the coverages of insurance aids in choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Uninsured/Underinsured Motorist coverage – This gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Dodge Challenger.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP pay for immediate expenses for hospital visits, surgery, funeral costs, EMT expenses and doctor visits. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Comprehensive coverage – This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like hitting a deer, a tree branch falling on your vehicle, theft, damage from getting keyed and damage from a tornado or hurricane. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Auto liability insurance – This will cover injuries or damage you cause to other people or property by causing an accident. This coverage protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims such as structural damage, medical expenses, repair bills for other people’s vehicles, emergency aid and funeral expenses. The amount of liability coverage you purchase is your choice, but buy as high a limit as you can afford.

Collision coverage – Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as sustaining damage from a pot hole, sideswiping another vehicle, colliding with a tree and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.

One last thing

Consumers who switch companies do it for any number of reasons including policy non-renewal, extreme rates for teen drivers, high rates after DUI convictions or even policy cancellation. Regardless of your reason, switching auto insurance companies is less work than it seems.

When buying insurance coverage, never skimp on coverage in order to save money. There are many occasions where someone sacrificed liability coverage limits only to regret at claim time that it was a big mistake. The goal is to buy a smart amount of coverage at a price you can afford, but do not skimp to save money.

In this article, we covered many ways to shop for 2018 Dodge Challenger insurance online. The key concept to understand is the more providers you compare, the better likelihood of getting cheaper car insurance. You may even discover the lowest car insurance rates are with a small local company.

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Comments About 2018 Dodge Challenger Insurance

  1. Teresita Blake

    Anyone buy from Auto-Owners? I’m in South Burlington, VT.

  2. Eddy Gilmore

    Will Allstate rates go up if I file a claim?

  3. Leeann Mckee

    Got pretty cheap 2018 Dodge Challenger insurance from GEICO in Chicago, IL.

  4. Richard Jefferson

    Does Texas require liability coverage?