2000 Dodge Neon Insurance Rates – 6 Ways to Save

Looking for the cheapest insurance rates for your Dodge Neon? Are you tired of sacrificing other expenses each month for insurance? You are in the same boat as millions of other vehicle owners. Numerous auto insurance companies battle to insure your vehicles, and it can be difficult to compare rates and uncover the absolute best price available.

You should take the time to compare rates as often as possible because insurance prices are constantly changing. Even if you think you had the best rates for Neon coverage on your last policy you can probably find a better premium rate now. Forget anything you know (or think you know) about insurance because I’m going to teach you the fastest and easiest way to reduce your cost while increasing coverage.

How to compare car insurance rate quotes

There are a variety of methods you can shop for car insurance but one way is easier and takes less work. You can waste a lot of time talking about coverages with agents in your area, or you can utilize online quoting to get pricing more quickly.

Most major companies are enrolled in a marketplace that allows shoppers to send in one quote, and at least one company then gives them pricing. This prevents consumers from doing quotation requests for every car insurance company.

To find out how much you’re overpaying now click to open in new window.

The one disadvantage to using this type of system is you can’t choose the companies you want to price. So if you prefer to choose specific insurance companies to compare, we put together a list of car insurance companies in your area. Click here for list of insurance companies.

Whichever way you use, make darn sure you compare the exact same coverage data on every quote. If each company quotes differing limits you can’t possibly find the best deal for your Dodge Neon.

Car insurance buyers beware

Consumers can’t get away from all the ads that promise big savings for switching by State Farm, Allstate and GEICO. All the companies convey the message that drivers can save some big amount if you change to their company.

How do they all make almost identical claims? You have to listen carefully.

Many companies quote the lowest rates for the type of driver they prefer to insure. For example, a preferred risk may be between 25 and 40, has had continuous coverage, and drives less than 5,000 miles a year. Any new insured that hits that “sweet spot” will qualify for the lowest rates and most likely will save a lot of money.

People who cannot meet those standards will probably have to pay a higher premium which usually ends up with business going elsewhere. Company advertisements say “people that switch” not “everybody who quotes” will save that much if they switch. That is how companies can truthfully make claims like that.

That is why it is so important to compare quotes as often as possible. It’s not possible to predict which car insurance company will give you the biggest savings.

Drivers can save with these six discounts

Some insurance providers don’t always publicize every discount in a way that’s easy to find, so the list below details both well-publicized and also the more inconspicuous ways to save on insurance.

  • Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to buckle their seat belts can save up to 15% off the PIP or medical payment premium.
  • Discount for Good Grades – This discount can earn a discount of 20% or more. Many companies even apply the discount to college students well after school through age 25.
  • Full Payment Discount – If you pay your bill all at once rather than paying in monthly installments you can actually save on your bill.
  • Early Signing – Select insurance companies give a discount for buying a policy prior to your current policy expiration. Ten percent is about the average savings.
  • Buy New and Save – Putting insurance coverage on a new car can save up to 30% because newer vehicles keep occupants safer.
  • Driving Data Discount – People who choose to allow their company to study driving habits through the use of a telematics system such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts if their driving habits are good.

You can save money using discounts, but most of the big mark downs will not be given to the entire cost. Most only reduce the cost of specific coverages such as liability and collision coverage. Despite the appearance that you would end up receiving a 100% discount, companies wouldn’t make money that way.

Companies that may offer quotes with these benefits are:

Before purchasing a policy, check with every prospective company to apply every possible discount. Some of the discounts discussed earlier might not apply in your area. For a list of insurers that have a full spectrum of discounts, click here to view.

Special considerations

When choosing the best insurance coverage for your vehicles, there is no “perfect” insurance plan. Every situation is different so your insurance should reflect that These are some specific questions might help in determining if you would benefit from an agent’s advice.

  • Am I covered when driving someone else’s vehicle?
  • What is UM/UIM insurance?
  • Do I need to file an SR-22 for a DUI in my state?
  • When do I need to add a new car to my policy?
  • What if I don’t agree with a claim settlement offer?
  • Does car insurance cover theft of personal property?

If you can’t answer these questions but you know they apply to you, you might consider talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance companies in your area. It only takes a few minutes and can provide invaluable advice.

Specific coverage details

Understanding the coverages of a insurance policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages offered by insurance companies.

Auto liability insurance – This coverage provides protection from injuries or damage you cause to people or other property. It protects YOU from claims by 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 liability limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims like repair costs for stationary objects, structural damage and attorney fees. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for medical payments – Med pay and PIP coverage kick in for short-term medical expenses like dental work, hospital visits, prosthetic devices and ambulance fees. They are used in conjunction with a health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage – This pays for damage to your Neon resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as scraping a guard rail, sustaining damage from a pot hole, crashing into a ditch, rolling your car and driving through your garage door. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage – This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Dodge Neon.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Most of the time these coverages are set the same as your liablity limits.

Comprehensive coverages – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, hail damage, damage from flooding and rock chips in glass. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Summing up your auto insurance search

In this article, we covered many ways to lower your 2000 Dodge Neon insurance premium rates. It’s most important to understand that the more providers you compare, the better your chances of lowering your prices. You may be surprised to find that the lowest premium rates come from the least-expected company. Some small companies may only write in your state and offer lower prices compared to the large companies like State Farm or Progressive.

When searching for affordable insurance coverage quotes, make sure you don’t buy less coverage just to save a little money. There are many occasions where consumers will sacrifice uninsured motorist or liability limits and learned later that the few dollars in savings costed them thousands. Your strategy should be to find the BEST coverage at the best possible price, not the least amount of coverage.

Affordable 2000 Dodge Neon insurance is possible online as well as from independent agents, so you should compare both to have the best rate selection. Some companies don’t offer internet price quotes and most of the time these regional insurance providers sell through local independent agencies.

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