Want the cheapest auto insurance rates for your Dodge Challenger? Are you at wits end from scraping nickels together each month for auto insurance? You have the same problem as many other people. Multiple insurance companies compete to insure your vehicles, and it can be difficult to compare rates and get the best coverage at the lowest rate possible.
It is always a good idea to do price comparisons on a regular basis because prices are variable and change quite frequently. Just because you had the best deal for Challenger insurance six months ago there may be better deals available now. Ignore everything you know about auto insurance because we’re going to demonstrate how to use the internet to properly buy coverages while reducing your premium.
Car insurance can cost a lot, but there may be some discounts that you may not know about. Certain discounts will be applied when you purchase, but a few need to be specially asked for before you will receive the discount. If you check and find you aren’t receiving every discount you deserve, you may be paying too high a price.
Discounts lower rates, but some credits don’t apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like having all the discounts means you get insurance for free, companies wouldn’t make money that way.
A list of insurance coverage companies and their possible discounts are shown below.
When getting free insurance quotes, it’s a good idea to all companies you are considering which discounts you may be entitled to. Discounts may not apply to policies in every state. If you would like to see a list of providers that offer the discounts shown above, click here to view.
When buying coverage, there really is no one size fits all plan. Every situation is different and your policy should reflect that. For instance, these questions may help you determine whether your personal situation would benefit from professional advice.
If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.
Knowing the specifics of your auto insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are the normal coverages offered by auto insurance companies.
This 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 pays for claims such as damage from flooding, hitting a deer, theft and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Collision coverage protection
Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims like colliding with another moving vehicle, scraping a guard rail, backing into a parked car, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to bring the cost down.
Uninsured/Underinsured Motorist (UM/UIM)
Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.
Liability coverage protects you from damages or injuries you inflict on other people or property in an accident. It protects you against claims from other people. It does not cover your injuries or vehicle damage.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.
Liability insurance covers claims like medical services, loss of income, attorney fees, funeral expenses and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as large an amount as possible.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP reimburse you for expenses for things like X-ray expenses, hospital visits, rehabilitation expenses, surgery and prosthetic devices. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
While you’re price shopping online, it’s a bad idea to buy lower coverage limits just to save a few bucks. In too many instances, an accident victim reduced physical damage coverage and found out when filing a claim they didn’t purchase enough coverage. The goal is to buy the best coverage you can find for the lowest cost and still be able to protect your assets.
Some auto insurance companies do not provide online rate quotes regional insurance providers only sell coverage through independent insurance agencies. Budget-conscious 2014 Dodge Challenger insurance is available from both online companies as well as from independent agents, and you need to price shop both to have the best chance of lowering rates.
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