2014 Chrysler 300 Insurance Rates

Trying to find lower auto insurance rates for your Chrysler 300? Are you kicking yourself for buying an overpriced auto insurance policy? Trust us, there are a lot of people just like you who feel imprisoned by their auto insurance policy.

Many auto insurance companies vie to insure your vehicles, and it can be difficult to compare rates and get the definite cheapest price

It’s smart to do price comparisons before your next renewal because auto insurance rates trend upward over time. Despite the fact that you may have had the lowest rate on 300 insurance a year ago you can probably find a lower rate today. Forget all the misinformation about auto insurance because we’re going to demonstrate the right way to get good coverage at a lower rate.

How to get car insurance quotes

To find affordable insurance coverage quotes, there are several ways of comparing rate quotes from many available car insurance companies in your state. By far the easiest way to lower the rate you pay for 2014 Chrysler 300 insurance is to use the internet to compare rates. This can be done in a couple of different ways.

  1. The most efficient method to get the best comparison quotes is an all-inclusive rate comparison click here to open form in new window. This method saves time by eliminating separate quotation requests for every company. In just a few minutes this one form gets you coverage quotes from many national carriers.
  2. A different way to get quotes online is going to each individual company website and go through the quote process again. For example, let’s say you want to compare rates from Nationwide, Farmers and State Farm. You would have to go to each individual site and punch in your information repeatedly, which can be really labor intensive.

    For a list of companies in your area, click here.

However you get your quotes, try to keep nearly identical coverages with each company. If your comparisons have different coverage information it will be next to impossible to determine which company has the best rates. Even a minor difference in insurance coverages may cause a big price difference. And when comparison shopping, having more price comparisons increases your odds of finding the best price.

Discounts can really help to save

Insuring your fleet can be pricey, but you may qualify for discounts that you may not even know about. Larger premium reductions will be automatically applied at the time you complete a quote, but a few must be specifically requested before you will receive the discount. If you do not check that you are getting every discount available, you could be getting lower rates.

  • Military Rewards – Having a deployed family member could be rewarded with lower insurance rates.
  • Include Life Insurance and Save – Larger insurance companies have a lower premium rate if you buy life insurance.
  • Data Collection Discounts – People who choose to allow their insurance company to analyze where and when they drive by using a telematic data system such as State Farm’s In-Drive could possibly reduce rates if they exhibit good driving behavior.
  • Discounts for Seat Belt Usage – Drivers who require all vehicle occupants to buckle up before driving can save 10% or more on the medical payments or PIP coverage costs.
  • Sign Early and Save – A few companies offer discounts for buying a policy prior to your current policy expiration. You can save around 10% with this discount.
  • College Student – Older children who are attending college and do not take a car to college may be able to be covered for less.
  • Full Payment Discount – If you pay your entire premium ahead of time as opposed to paying monthly you can avoid monthly service charges.
  • Discount for Home Ownership – Owning a house can save you money since owning and maintaining a home requires a higher level of personal finance.
  • Mature Driver Discount – If you qualify as a senior citizen, you may qualify for lower premium rates on 300 insurance.
  • Cautious Driver Discount – Safe drivers can pay as much as 50% less on 300 insurance as compared to drivers with claims.

As a footnote on discounts, most discount credits are not given the the whole policy. Most only cut individual premiums such as medical payments or collision. Despite the fact that it seems like all the discounts add up to a free policy, it’s just not the way it works.

Companies and their possible discounts are:

  • State Farm policyholders can earn discounts including good driver, Drive Safe & Save, good student, anti-theft, Steer Clear safe driver discount, accident-free, and defensive driving training.
  • American Family may include discounts for TimeAway discount, good driver, accident-free, Steer into Savings, early bird, and good student.
  • AAA may have discounts that include AAA membership discount, multi-policy, anti-theft, good driver, education and occupation, multi-car, and pay-in-full.
  • GEICO has savings for multi-vehicle, membership and employees, good student, anti-lock brakes, anti-theft, and emergency military deployment.
  • Mercury Insurance has discounts for good student, location of vehicle, multi-car, type of vehicle, age of vehicle, and low natural disaster claims.
  • Farmers Insurance offers discounts for teen driver, alternative fuel, distant student, early shopping, good student, mature driver, and youthful driver.
  • Progressive offers discounts including continuous coverage, homeowner, multi-vehicle, good student, and online signing.

When quoting, ask every prospective company how you can save money. Savings may not apply to policies in your area. To see a list of companies with discount insurance rates, follow this link.

Chrysler 300 insurance costs can be cheaper

A large part of saving on insurance coverage is knowing the factors that come into play when calculating your policy premiums. When you know what positively or negatively determines base rates, this enables you to make decisions that can earn you lower premium levels.

The list below includes some of the things that factor into your rates.

  • Continuous coverage lowers rates – Having an insurance coverage lapse is a sure-fire way to pay more for insurance coverage. And not only will your rates increase, not being able to provide proof of insurance will get you fines and jail time. You may then have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
  • Your location is a factor – Choosing to live in smaller towns and rural areas of the country is a good thing if you are looking for the lowest rates. Fewer people translates into fewer accidents and a lower car theft rate. Urban drivers regularly have more road rage incidents and more time behind the wheel. Longer commute distances translates into higher accident risk.
  • Annual miles is a factor – Driving a lot of miles annually the more you’ll pay to insure your vehicle. Most companies price each vehicle’s coverage partially by how you use the vehicle. Cars that sit idle most of the time can be on a lower rate level than vehicles that have high annual mileage. Verify your insurance coverage coverage states the right rating data. An incorrectly rated 300 is throwing money out the window.
  • Physical damage deductibles – Physical damage deductibles state the amount of money the insured will be required to pay in the event of a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of some claims that would be covered are colliding with a stationary object, fire damage, and having a roll-over accident. The more expense you’re willing to pay, the lower your rates will be on 300 insurance.

Will just any policy work for me?

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance should reflect that For example, these questions can help discover whether you may require specific advice.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Do I get a pro-rated refund if I cancel my policy early?
  • How do I insure my teen driver?
  • Exactly who is provided coverage by my policy?
  • Do I have any recourse if my insurance company denies a claim?
  • What are the financial responsibility laws in my state?
  • Should I rate my 2014 Chrysler 300 as pleasure use or commute?
  • What is roadside assistance coverage?
  • Do I need medical payments coverage since I have good health insurance?
  • How can I force my company to pay a claim?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Car insurance policy specifics

Understanding the coverages of a car insurance policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. These are typical coverages found on most car insurance policies.

Coverage for medical payments

Med pay and PIP coverage reimburse you for expenses for EMT expenses, X-ray expenses, chiropractic care, rehabilitation expenses and funeral costs. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Collision coverage protection

This coverage covers damage to your 300 resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like scraping a guard rail, damaging your car on a curb, colliding with a tree and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Comprehensive coverages

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from getting keyed, theft, hitting a bird, rock chips in glass and fire damage. The most you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family and also any damage incurred to your Chrysler 300.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Liability car insurance

Liability insurance will cover damage that occurs to a person or their property by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability insurance covers claims like loss of income, attorney fees and medical services. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible.

Shop smart and save

In this article, we presented many tips how you can shop for 2014 Chrysler 300 insurance online. The key concept to understand is the more times you quote, the better your comparison will be. You may even discover the lowest auto insurance rates are with a small mutual company. Some small companies can often provide lower premium rates in certain areas than the large multi-state companies such as Progressive and GEICO.

As you go through the steps to switch your coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There have been many situations where someone dropped uninsured motorist or liability limits only to discover later that the savings was not a smart move. Your goal should be to get the best coverage possible at the best price, but don’t skip important coverages to save money.

Some companies may not provide internet price quotes and most of the time these smaller providers prefer to sell through local independent agents. Cheaper car insurance is possible on the web in addition to many insurance agents, and you should compare rates from both to get a complete price analysis.

Additional car insurance information can be read below: