2004 Dodge Viper Car Insurance Cost – 5 Tips for Best Prices

Want better insurance rates for your Dodge Viper? Searching for the cheapest insurance on the internet can seem to be problematic for people who are new to price shopping online. When there are so many companies in the marketplace, how can drivers effectively compare every company to locate the cheapest available price?

You need to compare prices on a regular basis because rates are rarely the same from one policy term to another. Despite the fact that you may have had the lowest price for Viper coverage six months ago there is a good chance you can find better rates now. Starting right now, forget anything you know (or think you know) about insurance because you’re going to learn the best way to save money, get proper coverage and the best rates.

The purpose of this post is to tell you how to effectively get price quotes and some tricks to saving. If you currently have a car insurance policy, you will be able to cut costs considerably using these tips. But consumers must understand how the larger insurance companies sell insurance online.

Get lower rates on 2004 Dodge Viper insurance

The cost of insuring your cars can be expensive, but companies offer discounts that many people don’t even know exist. Larger premium reductions will be automatically applied at the time of purchase, but some may not be applied and must be inquired about before they will apply.

  • Low Mileage Discounts – Low mileage vehicles can qualify you for a substantially lower rate.
  • One Accident Forgiven – Certain companies allow you one accident before your rates go up so long as you haven’t had any claims for a set time period.
  • Auto/Life Discount – Larger companies have better rates if you take out auto and life insurance together.
  • Good Students Pay Less – Performing well in school can earn a discount of 20% or more. This discount can apply up until you turn 25.
  • Resident Student – Any of your kids who live away from home and do not have a car can receive lower rates.

Drivers should understand that some credits don’t apply to the entire policy premium. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. Just because it seems like you could get a free insurance policy, it doesn’t quite work that way. Any qualifying discounts will cut the cost of coverage.

Car insurance companies that may have these discounts may include but are not limited to:

Check with every prospective company how you can save money. Savings may not apply in your state.

Tailor your coverage to you

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Each situation is unique.

For example, these questions might help in determining if your insurance needs would benefit from professional advice.

  • Am I covered if I hit a deer?
  • What is medical payments coverage?
  • Is extra glass coverage worth it?
  • Who is covered by my policy?
  • Am I covered if I wreck a rental car?
  • Does my 2004 Dodge Viper qualify for pleasure use?
  • How does medical payments coverage work?
  • When does my teenage driver need to be added to my policy?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form.

Do you really save 40% when you switch?

Progressive, Geico, Allstate and State Farm continually stream ads on television and other media. All the companies make an identical promise about savings after switching your policy. But how can every company claim to save you money?

All companies are able to cherry pick for the driver that makes them money. For instance, a desirable insured could possibly be between 25 and 40, insures multiple vehicles, and has excellent credit. A propective insured who meets those qualifications receives the best rates and therefore will save when switching.

Potential customers who do not match the “perfect” profile must pay more money which usually ends up with the customer not buying. Company advertisements say “drivers who switch” not “everyone that quotes” save that much. This is how insurance companies can make the claims of big savings.

This illustrates why it’s extremely important to get as many quotes as possible. It’s not possible to predict which insurance companies will provide you with the cheapest Dodge Viper insurance rates.

Specifics of your auto insurance policy

Learning about specific coverages of a auto insurance policy helps when choosing appropriate coverage for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for expenses for things like hospital visits, doctor visits, rehabilitation expenses, X-ray expenses and dental work. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your 2004 Dodge Viper.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently these coverages are similar to your liability insurance amounts.

Comprehensive insurance

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as a broken windshield, damage from flooding and falling objects. The highest amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage

This coverage pays to fix your vehicle from damage from colliding 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 protects against claims like crashing into a building, hitting a parking meter, hitting a mailbox and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Liability coverage

This protects you from damages or injuries you inflict on people or other property. It protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as bail bonds, structural damage, legal defense fees and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

A fool and his money are soon parted

While you’re price shopping online, don’t be tempted to buy poor coverage just to save money. Too many times, an insured dropped physical damage coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

We covered many ideas to lower your 2004 Dodge Viper insurance rates. It’s most important to understand that the more rate quotes you have, the better your comparison will be. You may be surprised to find that the best prices are with a smaller regional carrier.

Lower-priced insurance is attainable on the web and with local insurance agents, and you need to comparison shop both to have the best selection. Some insurance companies do not offer online quoting and usually these small, regional companies provide coverage only through local independent agents.

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