How Much Does 1998 Dodge Neon Car Insurance Cost?

Trying to find better auto insurance rates for your Dodge Neon? Finding cheap auto insurance over the internet can be somewhat difficult for people who are new to buying insurance online. Because there are so many companies in the marketplace, how can consumers effectively compare the different rates to find the cheapest rates?

If you have car insurance now, you will most likely be able to reduce your rates substantially using these tips. This article will instruct you on how car insurance quotes work and some tips to save money. Although consumers can benefit from knowing the way insurance companies price online insurance and take advantage of how the system works.

Save on Dodge Neon insurance

Insurance can be prohibitively expensive, but you may find discounts to reduce the price significantly. Most are applied when you get a quote, but less common discounts must be asked about before you get the savings.

  • Multiple Policy Discount – If you have multiple policies with one insurance company you may earn at least 10% off all policies.
  • Early Signing – Some companies give discounts for buying a policy prior to your current policy expiration. This can save 10% or more.
  • Claim Free – Drivers who don’t have accidents pay much less when compared to bad drivers.
  • Passive Restraints and Air Bags – Cars that have air bags or automatic seat belts can receive discounts of 20% or more.
  • Discounts for Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less for Neon insurance than less cautious drivers.
  • Employee of Federal Government – Employees or retirees of the government may qualify you for a discount for Neon insurance with certain companies.

Keep in mind that many deductions do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as liability and collision coverage. Just because it seems like it’s possible to get free car insurance, you won’t be that lucky. Any qualifying discounts will reduce the amount you have to pay.

A partial list of companies that may have these discounts include:

It’s a good idea to ask each insurance company which discounts you may be entitled to. Savings might not apply in your area.

Dodge Neon insurance rates consist of many parts

Smart consumers have a good feel for the rating factors that come into play when calculating your auto insurance rates. Understanding what determines base rates enables informed choices that can help you get better auto insurance rates.

The list below includes a partial list of the pieces auto insurance companies consider when setting your rates.

  • Lower rates with optional equipment – Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart auto theft.
  • Poor driving leads to higher costs – Only having one citation can boost insurance rates by as much as thirty percent. Careful drivers have lower premiums than their less careful counterparts. Drivers with dangerous tickets like reckless driving, hit and run or driving under the influence are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
  • Don’t sacrifice liability coverage – The liability section of your policy is the protection in the event that a jury decides you are liable for damages from an accident. Liability provides you with a defense in court which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Where you reside plays a part – Being located in a rural area has it’s advantages when talking about auto insurance. Drivers in populated areas have congested traffic and longer commutes to work. Less people living in that area translates into fewer accidents as well as less vandalism and auto theft.
  • Discounts for multiple policies – Some insurers will give a discount to people who buy several policies from them. It’s known as a multi-policy discount. This can amount to five, ten or even twenty percent. Even with this discount, it’s still a good idea to compare other company rates to verify if the discount is saving money. Drivers may still find a better deal by splitting coverages up.
  • High credit ratings translate to low rates – Having a bad credit history is a huge factor in determining your rates. Therefore, if your credit score is not that good, you could potentially save money when insuring your 1998 Dodge Neon by repairing your credit. Drivers with high credit ratings tend to file fewer claims and have better driving records as compared to drivers with lower credit scores.
  • Being married is a good thing – Having a wife or husband can get you a discount on your auto insurance policy. Having a spouse usually means you are more mature and responsible and it’s statistically proven that married drivers get in fewer accidents.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your vehicles, there really is no one size fits all plan. Your needs are not the same as everyone else’s.

These are some specific questions may help you determine if you would benefit from an agent’s advice.

  • What is the ISO rating for a 1998 Dodge Neon?
  • How many claims can I have before being cancelled?
  • Who is covered when they drive my 1998 Dodge Neon?
  • Do I need motorclub coverage?
  • Will my rates increase for filing one claim?
  • Can I afford to pay high deductible claims out of pocket?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form.

Don’t believe everything you hear

Companies like Geico, State Farm and Progressive continually stream ads in print and on television. All the ads make an identical promise about savings after switching your coverage to them. But how can every company claim to save you money? This is how they do it.

All companies can use profiling for the right customer that is profitable for them. For instance, a preferred risk might be profiled as between 30 and 50, insures multiple vehicles, and has a high credit rating. A propective insured who meets those qualifications will qualify for the lowest rates and therefore will save when they switch companies.

Potential insureds who do not match the “perfect” profile will be charged higher premiums which leads to business going elsewhere. The ad wording is “customers that switch” but not “drivers who get quotes” save that much. That’s why insurance companies can confidently advertise the savings.

That is why it’s extremely important to get quotes from several different companies. It is impossible to predict which insurance companies will give you the biggest savings on Dodge Neon insurance.

Car insurance specifics

Knowing the specifics of car insurance helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like sideswiping another vehicle, hitting a parking meter, colliding with a tree, backing into a parked car and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 1998 Dodge Neon.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Usually these coverages are similar to your liability insurance amounts.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as vandalism, falling objects and theft. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical costs insurance – Med pay and PIP coverage reimburse you for bills like hospital visits, dental work, chiropractic care and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover you and your occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Liability coverages – This coverage provides protection from damage or injury you incur to other’s property or people by causing an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Another option is a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like medical services, pain and suffering, attorney fees and funeral expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Saving money is sweet as honey

Cheaper 1998 Dodge Neon insurance is definitely available on the web and also from your neighborhood agents, so compare prices from both in order to have the best price selection to choose from. Some insurance providers may not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

We covered many ideas to get a better price on insurance. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. You may even find the best price on insurance coverage is with some of the lesser-known companies.

When shopping online for insurance coverage, never buy less coverage just to save a little money. There are too many instances where someone sacrificed liability limits or collision coverage to discover at claim time that the few dollars in savings costed them thousands. The proper strategy is to find the BEST coverage at a price you can afford while not skimping on critical coverages.

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