2012 Chrysler 300 Car Insurance Cost – 10 Tips for Best Prices

Searching for lower insurance rates for your Chrysler 300? When looking for more affordable insurance, are you overwhelmed by the dozens of insurance sources? Lot’s of other drivers are too. There are such a vast assortment of sources available that it can really be a real hassle to compare prices.

Consumers need to price shop coverage occasionally because insurance rates change frequently. Despite the fact that you may have had the lowest premium rates on 300 coverage a few years ago a different company probably has better prices today. You can find a lot of misleading information regarding insurance out there, but we’re going to give you some excellent ideas to reduce your insurance bill.

If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using these methods. The purpose of this post is to familiarize you with how to get online quotes. But car owners can benefit from knowing how companies sell insurance online and use this information to your advantage.

Drivers save money with these ten discounts

Car insurance is neither fun to buy or cheap, but you can get discounts to cut the cost considerably. Certain discounts will be applied at quote time, but some must be manually applied before they will apply. If you are not receiving all the discounts you qualify for, it’s possible you qualify for a lower rate.

  • Good Grades Discount – Excelling in school may save as much as 25% on a insurance coverage quote. Many companies even apply the discount to college students until age 25.
  • Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices help deter theft and qualify for as much as a 10% discount.
  • Federal Employees – Federal government employees can save as much as 8% on 300 coverage with select insurance companies.
  • Membership in Organizations – Having an affiliation with specific professional or occupational memberships or organizations can get you a small discount on car insurance.
  • Multi-policy Discount – If you combine your homeowners and auto policies with the same insurance company you could save up to 20% off your total premium.
  • Discount for Passive Restraints – Factory air bags or automatic seat belts can get savings as much as 30%.
  • Accident Forgiveness Coverage – Not necessarily a discount, but certain companies may permit one accident before raising your premiums if you are claim-free before the accident.
  • ABS and Traction Control Discounts – Cars and trucks with ABS and/or traction control can reduce accidents and the ABS can save up to 10%.
  • Military Deployment Discount – Being deployed with a military unit can result in better rates.
  • Save with More Vehicles Insured – Drivers who insure primary and secondary vehicles with one company could earn a price break for each car.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like you can get free auto insurance, it just doesn’t work that way. Any amount of discount will positively reduce your policy premium.

To find insurers that can offer you the previously mentioned discounts, click here.

Special considerations

When it comes to buying proper insurance coverage for your vehicles, there really is no “best” method to buy coverage. Every situation is different.

These are some specific questions may help highlight if your situation will benefit from professional help.

  • Am I covered when using my vehicle for business?
  • When should I buy a commercial auto policy?
  • Are all vehicle passengers covered by medical payments coverage?
  • Can I afford to buy a different vehicle if my 2012 Chrysler 300 is totaled?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • If I drive on a suspended license am I covered?
  • What can I do if my company won’t pay a claim?
  • Are there companies who specialize in insuring high-risk drivers?
  • Is extra glass coverage worth it?
  • When would I need rental car insurance?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form.

Save $476 a year? Really?

Companies like State Farm, GEICO and Progressive seem to constantly run ads on television and other media. They all seem to have a common claim that you can save after switching your coverage. How is it possible that every company can charge lower premium rates? Here is how they do it.

Insurance companies have underwriting criteria for the type of driver that earns them the most money. For instance, this type of insured could be between 30 and 50, has never had a policy lapse, and has a high credit rating. Any customer who matches that profile will get low prices as well as pay quite a bit less when switching companies.

Potential insureds who are not a match for these criteria will have to pay higher premium rates and ends up with the customer buying from a different company. If you listen closely, the ads state “drivers that switch” but not “all drivers who get quotes” save money. That is how insurance companies can confidently make claims like that. Because every company is different, you absolutely need to compare price quotes frequently. It is impossible to guess which auto insurance company will give you lower car insurance rates than your current company.

Coverage specifics

Learning about specific coverages of car insurance aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Comprehensive insurance

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as damage from getting keyed, hail damage, a broken windshield, a tree branch falling on your vehicle and damage from flooding. The highest amount your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability coverages

Liability coverage protects you from injuries or damage you cause to other’s property or people that is your fault. It protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims such as repair costs for stationary objects, pain and suffering and court costs. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as hospital visits, rehabilitation expenses, dental work and EMT expenses. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. They cover you and your occupants as well as if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as damage to your 2012 Chrysler 300.

Since many 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.

Collision coverage protection

This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like driving through your garage door, colliding with a tree, sideswiping another vehicle and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to increase the deductible to bring the cost down.

Have money to burn

Some insurance providers may not have the ability to get quotes online and these regional carriers only sell through independent insurance agents. Cost effective 2012 Chrysler 300 insurance is attainable online and from local insurance agents, so compare prices from both to have the best chance of lowering rates.

When buying insurance coverage, never skimp on critical coverages to save a buck or two. There are too many instances where someone sacrificed collision coverage and found out when filing a claim that it was a big error on their part. Your focus should be to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

We covered a lot of ways to shop for 2012 Chrysler 300 insurance online. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. You may even discover the lowest rates come from a lesser-known regional company.

More detailed auto insurance information can be read by following these links: