Cheaper 2002 Dodge Stratus Insurance Cost

Did you make the mistake of buying an expensive car insurance policy? It’s a common feeling and there are lots of people in the same boat.

There is such a variety of auto insurance companies to buy insurance from, and although it’s a good thing to have multiple companies, it can be more challenging to compare rates.

You need to do rate comparisons yearly because insurance prices are constantly changing. Despite the fact that you may have had the lowest rates for Stratus coverage at your last renewal you will most likely find a better premium rate today. You’ll find quite a bit of inaccurate information about car insurance online, but we’re going to give you some guaranteed methods to buy car insurance cheaper.

Informed drivers can lower insurance rates

Multiple criteria are part of the equation when premium rates are determined. A few of the factors are predictable like a motor vehicle report, but other factors are more transparent such as your credit history or your vehicle rating.

The items below are some of the major factors that factor into your prices.

  • Youthful drivers cost more – Teenage drivers have a tendency to be inattentive when at the wheel of a vehicle so car insurance rates are higher. Older people are more responsible, are lower risk to insure .
  • If you don’t need it don’t buy it – Insurance policies have a lot of add-on coverages that you can get tricked into buying but may not be useful. Things like coverage for rental cars, high-cost glass coverage, and membership fees could be just wasting money. The coverages may be enticing at first, but your needs may have changed so consider taking them off your policy.
  • The higher your credit score the lower your prices – Having a good credit score can be an important factor in determining premium rates. So if your credit rating can be improved, you may save money insuring your 2002 Dodge Stratus by improving your rating. Insureds that have very high credit ratings tend to file fewer claims than drivers who have lower ratings.
  • Discounts for married drivers – Getting married may cut your premiums on your car insurance policy. Having a significant other demonstrates that you tend to be more responsible and statistics prove being married results in fewer claims.
  • Is car insurance cheaper for males or females? – Over the last 50 years, statistics have shown that females take fewer risks when driving. The data does not necessarily mean that females are better at driving than males. Women and men get in accidents in similar percentages, but the male of the species have costlier accidents. Not only that, but men also get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly. Male drivers age 16 to 19 cause the most accidents so it costs more to insure them.
  • Pay more by driving carelessly – Just one citation can bump up the cost by as much as twenty percent. Attentive drivers get better rates as compared to those with violations. Drivers who get multiple tickets like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 form with their state in order to keep their license.

Compare insurance rates

There are multiple methods to compare insurance quotes, but one way is less labor-intensive and much quicker. You could spend the better part of a day driving to agents in your area, or you can stay home and use online quoting to get the quickest rates.

All the larger companies take part in a program where insurance shoppers submit one quote, and every company then gives them pricing based on that data. This saves time by eliminating repetitive form submissions to every company.

To access this free quoting program, click here to start a free quote.

The only downside to using this type of form is you don’t know exactly which insurance companies you want pricing from. If you wish to select specific providers to receive pricing from, we have a listing of low cost insurance companies in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just make sure you are using identical coverages and limits for each price quote. If your comparisons have different values for each quote it will be nearly impossible to determine which company has the best rates. Just a small difference in coverages can make a big difference in price. And when price shopping your coverage, obtaining a wide range of quotes provides better odds of finding the best price.

Verify you’re earning every discount

Not too many consumers would say insurance coverage is affordable, but you might already qualify for some discounts that may help make it more affordable. Some of these disounts will be visible at the time of quoting, but occassionally some discounts must be specially asked for prior to receiving the credit.

  • Online Discount – Many insurance coverage companies will give you a small discount for signing up on their website.
  • Discount for Multiple Policies – If you can combine your auto and home policy with the same company you will save over 10 percent off each policy depending on the company.
  • 55 and Retired – Seniors may receive a small decrease in premiums for Stratus coverage.
  • Discount for Low Mileage – Low annual miles could qualify for slightly better insurance coveragerates than normal.
  • Defensive Driving Course – Taking part in a defensive driving course is a good idea and can lower rates if you qualify.

Discounts save money, but please remember that most of the big mark downs will not be given to your bottom line cost. Most only apply to specific coverage prices like liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, that’s just not realistic.

Larger insurance coverage companies and a partial list of their discounts can be read below.

  • State Farm may have discounts that include student away at school, driver’s education, multiple autos, Drive Safe & Save, safe vehicle, anti-theft, and defensive driving training.
  • Nationwide policyholders can earn discounts including easy pay, defensive driving, multi-policy, good student, Farm Bureau membership, and anti-theft.
  • GEICO offers discounts including military active duty, defensive driver, anti-lock brakes, daytime running lights, seat belt use, and multi-policy.
  • AAA has savings for good driver, anti-theft, good student, education and occupation, multi-policy, pay-in-full, and AAA membership discount.
  • 21st Century offers premium reductions for 55 and older, anti-lock brakes, teen driver, student driver, theft prevention, and driver training.
  • The Hartford may include discounts for bundle, good student, anti-theft, air bag, defensive driver, driver training, and vehicle fuel type.

When getting a coverage quote, ask every prospective company to give you their best rates. Savings may not apply everywhere. To find insurers with the best discounts, follow this link.

When should I discuss my situation with an agent?

When it comes to choosing proper insurance coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s needs are different and your policy should reflect that. For example, these questions might point out if your insurance needs might need an agent’s assistance.

  • Does insurance cover tools stolen from my truck?
  • Do I need replacement cost coverage?
  • Do I need roadside assistance coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Am I covered when driving in Canada or Mexico?
  • Can I get a multi-policy discount for packaging my home and auto coverage?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverages 101

Knowing the specifics of your policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Listed below are typical coverages offered by insurance companies.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for rehabilitation expenses, doctor visits and ambulance fees. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants in addition to being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

Collision coverage will pay to fix damage to your Stratus resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things such as rolling your car, sustaining damage from a pot hole, backing into a parked car and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Coverage for liability

This coverage protects you from injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims like medical services, emergency aid, funeral expenses and repair bills for other people’s vehicles. How much coverage you buy is your choice, but it’s cheap coverage so purchase higher limits if possible.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your 2002 Dodge Stratus.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive protection

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as a broken windshield, vandalism, rock chips in glass, damage from flooding and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

A tidy conclusion

You just learned a lot of tips how to compare 2002 Dodge Stratus insurance auto insurance rates online. It’s most important to understand that the more rate quotes you have, the better likelihood of getting inexpensive car insurance. You may be surprised to find that the biggest savings come from a company that doesn’t do a lot of advertising. Regional companies can often provide lower premium rates in certain areas compared to the large companies like Allstate, GEICO and Progressive.

Affordable 2002 Dodge Stratus insurance is definitely available from both online companies and from local insurance agents, and you should compare price quotes from both to get a complete price analysis. There are still a few companies who may not have online rate quotes and these small, regional companies sell through independent agencies.

As you prepare to switch companies, it’s a bad idea to buy less coverage just to save a little money. There have been many situations where drivers have reduced liability coverage limits and found out when filing a claim that they should have had better coverage. Your strategy should be to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.

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