Want cheaper car insurance rates for your Dodge Neon? There isn’t a single person who gets a kick out of paying for car insurance, especially knowing the price is too high.
There is such a variety of car insurance companies to pick from, and even though it’s nice to have multiple companies, it can be more difficult to adequately compare rates.
Buying the lowest cost protection is easy if you know what you’re doing. Just about every driver who has to buy car insurance should be able to find better rates. But drivers do need to know how companies market insurance on the web and apply this information to your search.
Many things are considered when premium rates are determined. Some are obvious such as traffic violations, but other factors are more transparent like your continuous coverage or how financially stable you are.
Insurance can cost an arm and a leg, but you can get discounts that you may not even be aware of. Most are applied when you purchase, but a few need to be specially asked for before being credited.
While discounts sound great, it’s important to understand that most discounts do not apply to the entire policy premium. Some only reduce individual premiums such as liability and collision coverage. So despite the fact that it appears you could get a free insurance policy, that’s just not realistic.
Companies and some of the premium reductions they offer are outlined below.
If you are trying to find inexpensive car insurance quotes, ask each company which discounts you qualify for. Some of the earlier mentioned discounts might not apply everywhere.
When it comes to buying the best car insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different so your insurance needs to address that. Here are some questions about coverages that can help discover if your situation could use an agent’s help.
If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.
Understanding the coverages of a insurance policy can be of help when determining which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Listed below are typical coverage types found on most insurance policies.
Uninsured or underinsured coverage – This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and damage to your Dodge Neon.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Most of the time these limits are similar to your liability insurance amounts.
Collision coverage – This coverage pays for damage to your Neon resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for claims like crashing into a ditch, backing into a parked car, driving through your garage door, colliding with a tree and scraping a guard rail. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.
Comprehensive protection – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against things like a tree branch falling on your vehicle, a broken windshield and hail damage. The most your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Medical expense coverage – Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like nursing services, prosthetic devices, EMT expenses, ambulance fees and dental work. They are often used in conjunction with a health insurance plan or if you do not have health coverage. They cover you and your occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Coverage for liability – Liability coverage will cover damage that occurs to a person or their property that is your fault. It protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.
Liability coverage protects against claims like bail bonds, medical services, medical expenses, structural damage and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but buy as large an amount as possible.
As you restructure your insurance plan, don’t be tempted to reduce coverage to reduce premium. Too many times, someone dropped liability limits or collision coverage only to regret at claim time that the small savings ended up costing them much more. Your strategy should be to buy enough coverage at an affordable rate.
We just presented many ways to shop for 2005 Dodge Neon insurance online. The key thing to remember is the more rate quotes you have, the higher the chance of saving money. You may even discover the lowest rates come from the least-expected company. They can often provide lower car insurance rates in certain areas as compared to the big name companies such as Allstate, GEICO and Progressive.
Much more information about auto insurance can be read at these links: