2003 Dodge Viper Insurance Cost – 8 Tips for Cheapest Prices

Searching for cheaper car insurance rates for your Dodge Viper? Locating cheaper insurance for a Dodge Viper can be an all-consuming task, but you can follow our car insurance buying tips and make it easy. There is a right way and a wrong way to find car insurance online so you’re going to learn the proper way to quote coverages for your Dodge and obtain the cheapest rates.

You need to compare prices on a regular basis because prices are adjusted regularly by insurance companies. Even if you got the best rates for Viper insurance on your last policy you can probably find a better premium rate now. Ignore everything you know about car insurance because you’re about to find out the best way to eliminate unnecessary coverages and save money.

Buying car insurance is not rocket science. If you have a policy now or are just looking to switch companies, you can use this information to reduce the price you pay and still get good coverage. Consumers only need an understanding of the most effective way to shop online.

How much is auto insurance?

Finding a lower price on 2003 Dodge Viper insurance is not rocket science. The only thing you need to do is spend a little time comparing price quotes to find out which insurance company has the cheapest insurance quotes. Rate comparisons can be done in several different ways.

  1. If you’re in a hurry, the quickest way consumers can analyze rates is a comparison rater form (click to open form in new window). This style of form prevents you from having to do separate quotes for each company. In just a few minutes this one form gets prices estimates from many national carriers. It’s the fastest way to compare.
  2. A less efficient way to get comparison quotes requires a visit to the website of each company and fill out their own quote form. For instance, let’s assume you need rates from Allstate, Liberty Mutual and State Farm. In order to compare rates, you need to take the time to go to each site and enter your policy data, which is why most consumers use the first method.

    To view a list of companies in your area, click here.

Take whichever approach you prefer, but try to use nearly identical quote information for every company. If you enter different liability limits it will be next to impossible to make a fair comparison for your Dodge Viper.

Verify you’re getting every discount

Some insurance providers don’t list every available discount very clearly, so the following list contains both the well known and also the lesser-known discounts you could be receiving when you buy insurance online. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Government Employee Discount – Active or retired federal employment can earn a discount up to 10% for Viper insurance depending on your company.
  • Low Mileage Discounts – Driving less can earn cheaper prices.
  • Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
  • No Accidents – Drivers with accident-free driving histories are rewarded with significantly better rates on insurance quote compared to accident-prone drivers.
  • Life Insurance Discount – Larger companies have a lower price if you buy life insurance.
  • Early Renewal Discounts – A few insurance companies give discounts for renewing your policy before your current coverage expires. It’s a savings of about 10%.
  • Seat Belts Save – Drivers who always wear seat belts and also require passengers to use a seat belt can save up to 15% off the personal injury premium cost.
  • Good Students Pay Less – A discount for being a good student could provide a savings of up to 20% or more. Most companies allow this discount up until you turn 25.

Don’t be surprised that most discounts do not apply the the whole policy. A few only apply to the cost of specific coverages such as medical payments or collision. Even though it appears adding up those discounts means a free policy, it just doesn’t work that way.

Popular insurance coverage companies and some of the premium reductions they offer are:

  • State Farm offers discounts for accident-free, good driver, anti-theft, defensive driving training, Steer Clear safe driver discount, and multiple policy.
  • Progressive may include discounts for homeowner, online quote discount, good student, continuous coverage, multi-vehicle, and multi-policy.
  • Travelers may have discounts that include hybrid/electric vehicle, home ownership, driver training, new car, and payment discounts.
  • American Family offers premium reductions for good student, air bags, Steer into Savings, mySafetyValet, and bundled insurance.
  • Liberty Mutual discounts include preferred payment discount, new move discount, new vehicle discount, newly retired, and safety features.

If you need lower rates, check with every insurance company the best way to save money. Some of the earlier mentioned discounts may not apply to policies in your area. For a list of insurance companies with discount rates, click here.

When should I discuss my situation with an agent?

When it comes to choosing proper insurance coverage, there really is no perfect coverage plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that might help in determining whether your personal situation will benefit from professional help.

  • When can my company non-renew my policy?
  • Can I afford low physical damage deductibles?
  • Am I missing any policy discounts?
  • Do I have coverage when using my vehicle for my home business?
  • Am I covered when driving someone else’s vehicle?
  • How can I force my company to pay a claim?
  • Is my custom paint covered by insurance?
  • Am I covered if I hit my neighbor’s mailbox?

If you’re not sure about those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and you can get the answers you need.

Insurance coverage buyers beware

Consumers can’t get away from all the ads that claim the lowest prices from companies such as GEICO, State Farm and Progressive. They all seem to make the promise of big savings if you change your insurance coverage policy to them.

How does every company sell you cheaper insurance coverage? This is the way they can do it.

Insurance coverage companies quote their best rates for the type of driver that will generate a profit. For instance, a profitable risk profile should be over the age of 40, owns a home, and has great credit. A customer who fits that profile will get low car insurance rates and have a good chance to save if they switch.

Potential insureds who don’t measure up to these stringent criteria will see higher prices with the end result being the customer buying from a different company. If you listen to the ad wording, they say “drivers who switch” but not “all drivers who get quotes” can save as much as they claim. This is how companies can make claims like that. This really drives home the point why you absolutely need to get a wide range of price quotes. It is impossible to guess which insurance coverage company will have the lowest rates.

Auto insurance coverages

Having a good grasp of car insurance helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for rehabilitation expenses, funeral costs, surgery and prosthetic devices. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like damage from flooding, vandalism, falling objects and a tree branch falling on your vehicle. The maximum payout your car insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your 2003 Dodge Viper.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Liability car insurance

This protects you from damage that occurs to people or other property that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims like pain and suffering, medical expenses and court costs. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Collision coverage protection

Collision insurance will pay to fix damage to your Viper resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as sideswiping another vehicle, rolling your car and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

In the end, you save

Drivers who switch companies do it for a variety of reasons including delays in responding to claim requests, not issuing a premium refund, policy cancellation or unfair underwriting practices. It doesn’t matter why you want to switch finding a great new company can be easy and end up saving you some money.

Some companies may not have online rate quotes and usually these smaller companies prefer to sell through independent agents. Budget-conscious 2003 Dodge Viper insurance can be bought online in addition to local insurance agencies, and you should compare rates from both to have the best selection.

You just read a lot of ways to compare 2003 Dodge Viper insurance rates online. It’s most important to understand that the more companies you get car insurance rates for, the better your chances of lowering your car insurance rates. Consumers could even find that the best price on auto insurance is with some of the smallest insurance companies.

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