Cheaper 2001 Dodge Stratus Insurance Rates

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Trust us when we tell you you’re not alone. Big-name insurance companies like Allstate, Liberty Mutual and State Farm continually hit you with TV and radio ads and it can be hard to not get sucked in by the cute commercials and find the best price available.

Do you qualify for discounts?

Companies offering auto insurance do not advertise every discount very well, so we took the time to find some of the best known and also the lesser-known discounts you could be receiving. If you don’t get every credit available, you are throwing money away.

  • Own a Home – Owning a house may earn you a small savings because of the fact that having a home is proof that your finances are in order.
  • Military Rewards – Having a family member in the military may qualify for rate reductions.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you could save up to 5%.
  • Discount for New Cars – Insuring a new car can be considerably cheaper due to better safety requirements for new cars.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class in high school.
  • E-sign – Certain companies may give you up to $50 just for signing your application on their website.
  • Life Insurance – Select insurance companies reward you with better rates if you take out auto and life insurance together.
  • Discount for Good Grades – Performing well in school can get you a discount of up to 25%. The discount lasts up to age 25.
  • Memberships – Being a member of a civic or occupational organization is a good way to get lower rates on your policy on Stratus insurance.
  • Discounts for Safe Drivers – Drivers who avoid accidents may save up to 50% more on Stratus insurance than drivers with accidents.

Drivers should understand that most credits do not apply the the whole policy. Most cut the cost of specific coverages such as comp or med pay. So even though it sounds like it’s possible to get free car insurance, car insurance companies aren’t that generous.

A partial list of companies who might offer some of the above discounts are:

It’s a good idea to ask all companies you are considering which discounts they offer. Discounts may not be available in every state.

Comparison of Auto Insurance

Finding a better price on auto insurance is not a difficult process. Just take a few minutes to compare quotes online with multiple companies. This can be accomplished in just a few minutes using one of these methods.

  1. The first (and easiest) way consumers can analyze rates is a comparison rater form click here to open form in new window. This type of form eliminates the need for boring form submissions for every auto insurance company. One form submission will return quotes from many national carriers.
  2. A harder way to shop for auto insurance online is spending the time to visit each company’s website to complete their respective quote request forms. For examples sake, we’ll assume you want comparison quotes from USAA, 21st Century and State Farm. To get each rate you have to go to every website and enter your policy data, which is why most consumers use the first method.

    For a list of links to companies insuring cars in your area, click here.

  3. The hardest way of comparing rate quotes is to drive around to different agent offices. Shopping for auto insurance online can eliminate the need for a local agent unless you require the trained guidance of a licensed agent. However, consumers can price shop your coverage online and get advice from an agent in your area and you’ll learn how to do that later.

It’s your choice how you get your quotes, but ensure you are comparing exactly the same quote information on every quote. If you are comparing different deductibles it’s impossible to find the best deal for your Dodge Stratus.

Don’t assume everyone needs the same coverage

When buying adequate coverage, there is no cookie cutter policy. Everyone’s situation is unique so your insurance needs to address that. For instance, these questions might help in determining whether you might need professional guidance.

  • What discounts do I qualify for?
  • Can I afford low physical damage deductibles?
  • When should I buy a commercial auto policy?
  • Does my 2001 Dodge Stratus need full coverage?
  • Do I need rental car coverage?
  • Does my policy pay for OEM or aftermarket parts?
  • Does insurance cover damages from a DUI accident?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Auto insurance specifics

Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages found on most auto insurance policies.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as rehabilitation expenses, dental work, surgery and nursing services. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your 2001 Dodge Stratus.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Collision insurance

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with another moving vehicle, backing into a parked car, crashing into a ditch and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.

Liability insurance

Liability insurance provides protection from damage or injury you incur to people or other property that is your fault. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability can pay for claims like structural damage, loss of income and repair bills for other people’s vehicles. How much coverage you buy is up to you, but consider buying as much as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hitting a deer, damage from getting keyed, vandalism and theft. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Quote often and quote early

As you go through the steps to switch your coverage, make sure you don’t skimp on critical coverages to save a buck or two. In many instances, an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim that they should have had better coverage. The proper strategy is to buy the best coverage you can find at the best price while not skimping on critical coverages.

Cheaper 2001 Dodge Stratus insurance can be found on the web as well as from independent agents, so you should be comparing quotes from both in order to have the best chance of saving money. A few companies don’t offer online quoting and usually these smaller companies provide coverage only through local independent agents.

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