Compare 2001 Dodge Stratus Insurance Quotes

Want cheaper insurance coverage rates for your Dodge Stratus? I really doubt anyone is fond of buying insurance coverage, especially when they could find better prices if they shop around. Since you have so many insurance companies to choose from, it can be impossible to pick the most cost effective company.

This article will teach you how car insurance quotes work and some tips to save money. If you currently have a car insurance policy, you should be able to save some money using these methods. Vehicle owners just need to learn the tricks to get comparison rates online.

Drivers can save with these money-saving discounts

Some insurers don’t always list every discount they offer very well, so the list below gives a summary of a few of the more common and the more hidden credits available to you.

  • Data Collection Discounts – Drivers that enable their company to monitor vehicle usage by using a telematics device like Allstate’s Drivewise may get a rate reduction if they have good driving habits.
  • Bundled Policy Discount – When you have multiple policies with the same insurance company you could get a discount of up to 20% off your total premium.
  • Paperless Signup – Many companies will give a small break for completing your application on the internet.
  • Discount for Good Grades – Performing well in school may save you up to 25%. The discount lasts up until you turn 25.
  • Discount for Life Insurance – Not all insurance companies offer life insurance, but some may give you a lower premium rate if you buy a life policy as well.
  • Home Ownership Discount – Owning your own home or condo can help you save on insurance coverage because owning a home requires a higher level of personal finance.
  • Passenger Safety Discount – Options like air bags or motorized seat belts could see savings of 20% or more.

Discounts reduce rates, but you should keep in mind that most credits do not apply to your bottom line cost. Some only apply to individual premiums such as medical payments or collision. So even though you would think you would end up receiving a 100% discount, you won’t be that lucky.

For a list of companies with discount insurance coverage rates, click here.

How to compare insurance coverage rate quotes

There are a lot of ways you can shop for insurance coverage but there is one way that is easier and takes less work. You can waste a lot of time talking about coverages with insurance agencies in your area, or you could use online quotes for quick rates.

Most major companies participate in an industry program where insurance shoppers complete one form, and at least one company then returns a price quote for coverage. This prevents consumers from doing quote forms for each company you want a rate for. To enter your information into the quoting system, click here to start a free quote.

The only drawback to using this type of system is you don’t know exactly which insurance companies to receive prices from. So if you want to choose specific insurance companies to request quotes from, we have a page of companies who write insurance coverage in your area. Click to view list.

Which method you use is up to you, but double check that you are using exactly the same coverage limits and deductibles for each comparison quote. If you enter different values for each quote you can’t possibly truly determine the lowest rate.

Save money with these tips

Many factors are used when quoting car insurance. Some are pretty understandable such as your driving history, although some other factors are less obvious like your continuous coverage or your commute time.

  • Better rates on safer cars – Cars with five star safety ratings tend to have better insurance rates. Safer cars have better occupant injury protection and lower injury rates means your insurance company pays less and lower rates for you. If your Dodge Stratus earned at least four stars on it may be receiving lower rates.
  • Drive less and get lower costs – The more miles you rack up on your Dodge each year the more it will cost to insure it. Most insurance companies charge rates based on their usage. Vehicles that sit idle most of the time can get a lower rate than vehicles that have high annual mileage. An improperly rated Stratus can result in significantly higher rates. It’s always a good idea to double check that your policy correctly shows how each vehicle is driven, because it can save money.
  • Single vs. married – Your spouse helps lower the price on your policy. Marriage may mean you are more stable financially and it’s proven that married drivers tend to have fewer serious accidents.
  • Multiple policies with one company – Most major auto insurance companies allow discounts to clients who carry more than one policy. It’s known as a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. If you currently are using one company, you still need to shop around to help guarantee you have the best rates.
  • Gaps in coverage mean higher rates – Not maintaining insurance can get you a ticket and companies may charge more for letting your coverage cancel without a new policy in place. In addition to paying higher premiums, failure to provide proof of insurance could earn you a hefty fine and possibly a revoked license. You may have to file a SR-22 with your state DMV.
  • Bad credit hurts insurance prices – Having a bad credit history will be a significant factor in calculating your auto insurance rates. Consumers who have high credit scores tend to be better risks to insure as compared to drivers with poor credit. If your credit is low, you could save money insuring your 2001 Dodge Stratus by spending a little time repairing your credit.

Do I need special coverages?

When choosing proper insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Everyone’s situation is a little different so your insurance should reflect that For example, these questions might help in determining if your insurance needs could use an agent’s help.

  • What can I do if my company denied a claim?
  • Do I need added coverage for expensive stereo equipment?
  • Do I have coverage if my license is suspended?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Where can I find DUI or SR-22 insurance?
  • Is rental equipment covered for theft or damage?
  • Is my dog or cat covered if injured in an accident?
  • Should I buy more coverage than the required minimum liability coverage?
  • Do I have any recourse if my insurance company denies a claim?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Will you really save $487 on auto insurance?

Consumers get pounded daily by advertisements that promise big savings for switching from companies such as Progressive, GEICO, Allstate and State Farm. They all seem to make the point that you’ll save big if you move your auto insurance coverage to their company.

How do they all give you a better price? It’s all in the words they use.

Different companies can use profiling for the type of insured that will be a good risk. One example of a desirable risk may need to be over the age of 50, owns their home, and drives less than 5,000 miles a year. A propective insured that meets those criteria receives the best car insurance rates and most likely will save a lot if they switch.

People who do not fit those criteria may receive higher rates and the driver buying from a lower-cost company. If you listen to the ad wording, they say “people that switch” not “all people who quote” save that much money. That’s the way companies can make claims like that.

This really drives home the point why drivers should do a quote comparison often. It is impossible to predict which company will give you the biggest savings.

Insurance coverage specifics

Having a good grasp of your insurance policy can be of help when determining the best coverages for your vehicles. Insurance terms can be confusing and coverage can change by endorsement. These are the usual coverages offered by insurance companies.

Comprehensive insurance

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as hail damage, hitting a bird, a broken windshield and falling objects. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability insurance

This coverage can cover damages or injuries you inflict on a person or their property by causing an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers things like funeral expenses, medical expenses, bail bonds and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision insurance

This coverage covers damage to your Stratus from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like crashing into a building, scraping a guard rail, crashing into a ditch and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.

Coverage for medical expenses

Med pay and PIP coverage provide coverage for expenses like nursing services, pain medications and EMT expenses. They can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Have money to burn

More affordable auto insurance can be found online and also from your neighborhood agents, and you need to comparison shop both to have the best selection. Some auto insurance companies may not offer rates over the internet and many times these small insurance companies only sell coverage through independent insurance agencies.

We’ve covered many tips how you can shop for 2001 Dodge Stratus insurance online. It’s most important to understand that the more rate comparisons you have, the better your comparison will be. You may even discover the biggest savings come from the least-expected company. These smaller insurers can often insure niche markets at a lower cost compared to the large companies like State Farm and Allstate.

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