View 2005 Dodge Viper Car Insurance Rates

Looking for the cheapest car insurance rates for your Dodge Viper? Have you had enough of trying to scrape together enough money to insure your Dodge every month? You are in the same boat as many other drivers. Because there are so many insurance companies to choose from, it’s difficult to pick the lowest price insurer.

Lesser-known factors impacting Dodge Viper insurance rates

Consumers need to have an understanding of the factors that come into play when calculating your insurance rates. Having a good understanding of what controls the rates you pay empowers consumers to make smart changes that will entitle you to better insurance rates.

The list below includes some of the factors used by your company to calculate prices.

  • Where you live can impact rates – Living in a rural area is a positive aspect when buying insurance. Fewer people translates into fewer accidents. Urban drivers tend to have more traffic problems and a longer drive to work. Longer commute distances means more change of being in an accident.
  • Do you work long hours in a high stress job? – Did you know that where you work can have an impact on rates? Jobs such as lawyers, business owners and financial analysts are shown to have higher average rates because of job stress and long work hours. Conversely, jobs such as farmers, engineers and homemakers pay the least on Viper insurance.
  • Traffic violations increase rates – Your driving citation history has a huge affect on how much you pay. Drivers with clean records get better rates than their less careful counterparts. Even one speeding ticket may increase your cost forty percent or more. Drivers who have dangerous citations like hit and run, DWI or reckless driving convictions may need to file a SR-22 with their state motor vehicle department in order to prevent a license revocation.
  • Never let your coverage lapse – Driving with no insurance is a misdemeanor and you will pay a penalty because you let your insurance lapse. Not only will you pay more, but not being able to provide proof of insurance will get you a license revocation or jail time.
  • Poor credit can mean higher rates – Having a bad credit history is a important factor in determining your rates. Therefore, if your credit rating is not that good, you could be paying less to insure your 2005 Dodge Viper by spending a little time repairing your credit. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers who have lower credit scores.
  • Add-on coverages can add up – There are a lot of extra coverages that you can buy on your Viper policy. Coverages for vanishing deductibles, towing coverage and term life insurance may be costing you every month. These may sound like a good investment when you first buy your policy, but if they’re wasting money eliminate them to save money.
  • Your spouse saves you money – Getting married can actually save you money on your insurance policy. Having a significant other means you’re more mature it has been statistically shown that married drivers get in fewer accidents.

Compare Insurance Today

Reducing your 2005 Dodge Viper insurance rates can be relatively painless. Consumers just need to take the time to compare rate quotes provided by online insurance companies. This can be accomplished in several different ways.

The easiest and least time consuming way consumers can make multiple comparisons is a comparison rater form click here to open form in new window. This form keeps you from doing a different quote for every insurance company. Completing one form compares rates from many national carriers.

A less efficient way to compare prices requires you to visit each individual company website and fill out their own quote form. For sake of this example, let’s say you want comparison quotes from Farmers, 21st Century and Allstate. You would have to go to every website and enter your policy data, and that’s why the first method is more popular. To view a list of companies in your area, click here.

Which method you use is up to you, but ensure you’re using exactly the same quote information for every company. If you compare higher or lower deductibles it will be very difficult to truly determine the lowest rate.

Cut your car insurance rates with discounts

The cost of insuring your cars can be expensive, but you may find discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you quote, but some may not be applied and must be asked for before they will apply. If you’re not getting every credit you deserve, you’re just leaving money on the table.

  • Bundle and Save – If you have multiple policies with one insurance company you may earn approximately 10% to 15%.
  • Accident Forgiveness – A few companies allow you one accident before hitting you with a surcharge if your claims history is clear for a particular time prior to the accident.
  • More Vehicles More Savings – Insuring multiple cars or trucks on the same car insurance policy may reduce the rate for each vehicle.
  • Passive Restraint Discount – Factory air bags or automatic seat belts can receive discounts of 20% or more.
  • College Student – Children who live away from home without a vehicle on campus may qualify for this discount.
  • Save with a New Car – Putting insurance coverage on a new car can save up to 30% compared to insuring an older model.

Consumers should know that some credits don’t apply to the entire policy premium. Most only cut individual premiums such as collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, it just doesn’t work that way. Any amount of discount will help reduce the cost of coverage.

For a list of providers with discount car insurance rates, click this link.

You are unique and your insurance should be too

When buying proper insurance coverage, there isn’t really a perfect coverage plan. Every situation is different and your policy should reflect that. For instance, these questions might point out if your insurance needs might need professional guidance.

  • Do I need higher collision deductibles?
  • Am I getting all the discounts available?
  • Why do I only qualify for high-risk insurance?
  • Is my Dodge Viper covered if I use it for business?
  • How can I get high-risk coverage after a DUI?
  • If my 2005 Dodge Viper is totaled, can I afford another vehicle?
  • Is rental equipment covered for theft or damage?
  • What should my uninsured motorist coverage limits be in my state?
  • Why do I need rental car insurance?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It only takes a few minutes and can provide invaluable advice.

Insurance specifics

Learning about specific coverages of a insurance policy can help you determine the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are the usual coverages available from insurance companies.

Collision coverage protection

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like sideswiping another vehicle, driving through your garage door and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like falling objects, damage from a tornado or hurricane, vandalism, damage from getting keyed and a broken windshield. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical costs insurance

Coverage for medical payments and/or PIP pay for expenses for hospital visits, nursing services, surgery, X-ray expenses and EMT expenses. They are used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability coverage

This coverage can cover injuries or damage you cause to other’s property or people in an accident. This coverage protects you against claims from other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, 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 means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as structural damage, pain and suffering, funeral expenses and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

UM/UIM Coverage

This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Dodge Viper.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

The best insurance company isn’t always the cheapest

Cost effective 2005 Dodge Viper insurance is possible both online as well as from independent agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance providers don’t offer online price quotes and most of the time these regional insurance providers sell through independent agents.

We’ve covered many ways to save on insurance. The key concept to understand is the more you quote, the better chance you’ll have of finding lower rates. You may be surprised to find that the most savings is with a company that doesn’t do a lot of advertising. These smaller insurers often have lower prices on specific markets as compared to the big name companies such as Progressive and Geico.

Additional learning opportunities