2003 Dodge Viper Insurance Rates – 7 Discounts for Cheaper Quotes

Trying to find cheaper insurance coverage rates for your Dodge Viper? Nobody I know likes having to buy insurance coverage, in particular when the cost is too high.

Consumers have many auto insurance companies to pick from, and although it’s nice to have a choice, it can be more difficult to find the best rates for your vehicles.

Cheap Insurance Comparisons

There are several ways of comparing rates from local insurance companies. The best method to find the cheapest 2003 Dodge Viper insurance rates is simply to get online rate quotes. This can be accomplished using a couple different methods.

The first (and easiest) way to get quotes is to use a rate comparison form like this one (opens in new window). This method eliminates the need for a different quote for each company. In just a few minutes this one form will get you price quotes from many national carriers.

A more time consuming way to get comparison quotes is spending the time to visit each company website to complete their respective quote request forms. For examples sake, we’ll assume you want rates from Auto-Owners, Geico and Liberty Mutual. To find out each rate you need to take the time to go to each site and enter your information, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.

It’s your choice how you get your quotes, but ensure you’re using the exact same deductibles and coverage limits on every quote you get. If you are comparing different deductibles then you won’t be able to determine the lowest rate for your Dodge Viper. Just a small difference in limits may result in a large different in cost. Keep in mind that obtaining a wide range of quotes helps locate the best rates.

Are you getting all your discounts?

Insuring your vehicles can cost a lot, but there could be available discounts to help offset the cost. Larger premium reductions will be automatically applied when you complete an application, but less common discounts must be manually applied before you get the savings.

• Organization Discounts – Affiliation with a professional or civic organization is a good way to get lower rates when shopping for auto insurance for Viper coverage.
• Seat Belts Save more than Lives – Drivers who require all occupants to buckle their seat belts could cut 10% or more off the personal injury premium cost.
• Good Students Pay Less – Performing well in school can get you a discount of up to 25%. Earning this discount can benefit you up to age 25.
• Discounts for Safe Drivers – Insureds without accidents may receive a discount up to 45% less for Viper coverage than drivers with accidents.
• Senior Citizens – If you’re over the age of 55, you may be able to get reduced rates for Viper coverage.
• Life Insurance – Select insurance companies reward you with a break if you buy life insurance from them.
• No Accidents – Good drivers with no accidents can earn big discounts when compared to accident-prone drivers.

Drivers should understand that most discount credits are not given to your bottom line cost. Some only apply to the price of certain insurance coverages like liability and collision coverage. So even though it sounds like you can get free auto insurance, it just doesn’t work that way. Any amount of discount will bring down the cost of coverage.

For a list of providers with the best auto insurance discounts, click this link.

Tailor your coverage to you

When choosing proper insurance coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. These are some specific questions can help discover if your situation would benefit from an agent’s advice.

• Is my 2003 Dodge Viper covered for flood damage?
• Can I afford to pay high deductible claims out of pocket?
• Can I rent a car in Mexico?
• I have a DUI can I still get coverage?
• What is medical payments coverage?
• Should I buy full coverage?
• Should I file a claim if it’s only slightly more than my deductible?
• Does liability extend to a camper or trailer?
• Is my teenager covered with friends in the car?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area.

Car insurance coverage breakdown

Knowing the specifics of your car insurance policy helps when choosing which coverages you need for your vehicles. Car insurance terms can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages found on the average car insurance policy.

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your 2003 Dodge Viper.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP – Med pay and PIP coverage kick in for short-term medical expenses for things like chiropractic care, X-ray expenses, doctor visits, pain medications and ambulance fees. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Collision coverages – This will pay to fix damage to your Viper from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things like colliding with a tree, driving through your garage door and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from older vehicles. You can also bump up the deductible to save money on collision insurance.

Comprehensive coverage – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, fire damage, hail damage and falling objects. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability car insurance – This provides protection from damages or injuries you inflict on other people or property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against things such as emergency aid, attorney fees, repair costs for stationary objects, pain and suffering and legal defense fees. How much liability should you purchase? That is a personal decision, but buy as high a limit as you can afford.