View 2007 Dodge Charger Car Insurance Rates

Scraping up a payment for overpriced Dodge Charger insurance can drain your savings account, especially in this economy. Comparing price quotes is free and is an excellent way to slash your bill and have more diposable income.

There are many car insurance companies to pick from, and although it’s a good thing to have a choice, lots of choices makes it harder to find the lowest cost provider.

Why your Dodge Charger might be costing you more

Consumers need to have an understanding of some of the elements that go into determining insurance rates. Knowing what determines base rates allows you to make educated decisions that may reward you with lower insurance prices.

Listed below are a partial list of the pieces companies use to determine rates.

  • Your insurance rates can be influenced by your job – Occupations such as lawyers, architects and financial analysts tend to have higher average rates due to job stress and long work hours. Conversely, professions such as pilots, engineers and retirees receive lower rates for Charger coverage.
  • Where you live is a factor – Residing in a small town has it’s advantages when insuring your vehicles. Drivers in populated areas regularly have congested traffic and longer commutes to work. Fewer drivers translates into fewer accidents and also fewer theft and vandalism claims.
  • Poor credit can mean higher rates – Credit history is a important factor in determining your rates. If your credit rating is not that good, you could save money insuring your 2007 Dodge Charger by improving your rating. Drivers who have high credit scores tend to be better drivers and file fewer claims than those with lower credit scores.
  • Do you need the policy add-ons? – There are a ton of extra bells and whistles you can purchase on your Charger policy. Insurance for rental car reimbursement, better glass coverage and membership fees are examples of these. These coverages may sound good at first, but your needs may have changed so eliminate the coverages to reduce your premium.

Compare Auto Insurance Today

The are a couple different ways of comparing rate quotes from auto insurance companies in your area. The easiest way by far to find the cheapest 2007 Dodge Charger insurance rates is to get quotes online. This is very easy and can be done in several different ways.

The easiest and least time consuming way to get quotes for comparison is a comparison rater form click here to open form in new window. This type of form keeps you from doing separate quote forms for every auto insurance company. One form submission gets you coverage quotes from several companies.

A harder way to analyze rates requires a visit to the website for every company you want to comare and request a quote. For example, let’s assume you want comparison quotes from Progressive, Geico and Allstate. To get rate quotes you would need to visit each site and enter your policy data, which is why the first method is quicker. To view a list of companies in your area, click here.

However you get your quotes, make absolute certain that you use identical coverage limits and deductibles for every company. If you have unequal deductibles or liability limits then you won’t be able to decipher which rate is best. Just a small difference in coverage limits may cause a big price difference. Just keep in mind that getting more free quotes gives you a better chance of getting lower pricing.

Cut your insurance coverage rates with discounts

Car insurance can cost a lot, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply when you quote, but less common discounts must be requested specifically before you get the savings.

  • Good Students Pay Less – This discount can get you a discount of up to 25%. The discount lasts up until you turn 25.
  • Early Switch Discount – Some insurance companies reward drivers for buying a policy before your current policy expires. It’s a savings of about 10%.
  • Auto/Home Discount – If you insure your home and vehicles with one insurance company you may earn 10% to 20% off each policy.
  • Drive Less and Save – Keeping the miles down on your Dodge can qualify you for lower rates on the low mileage vehicles.
  • Multiple Cars – Insuring all your vehicles on the same insurance coverage policy can get a discount on all vehicles.
  • Theft Prevention System – Anti-theft and alarm systems help deter theft and will save you 10% or more.
  • New Vehicle Savings – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.
  • Own a Home – Simply owning a home may earn you a small savings because maintaining a house requires personal responsibility.
  • Use Seat Belts – Requiring all passengers to use a seat belt could save 15% on the medical payments or PIP coverage costs.

Keep in mind that some of the credits will not apply to all coverage premiums. Most only apply to specific coverage prices like medical payments or collision. Just because it seems like adding up those discounts means a free policy, companies wouldn’t make money that way. Any amount of discount will reduce the amount you have to pay.

Car insurance companies who might offer these discounts include:

Double check with every prospective company which discounts they offer. Discounts may not be available everywhere.

You are unique and your insurance coverage should be too

When buying coverage, there really is no perfect coverage plan. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions might help in determining whether or not you could use an agent’s help.

  • Do I need added coverage for expensive stereo equipment?
  • Are my tools covered if they get stolen from my vehicle?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • When should I not file a claim?
  • Is my state a no-fault state?
  • Am I missing any policy discounts?
  • When should I drop full coverage on my 2007 Dodge Charger?
  • What happens if I owe more than my 2007 Dodge Charger is worth?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverage breakdown

Understanding the coverages of your policy can be of help when determining the right coverages and proper limits and deductibles. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages offered by insurance companies.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Dodge Charger.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like hospital visits, rehabilitation expenses, prosthetic devices, chiropractic care and doctor visits. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

Comprehensive coverage

This coverage covers damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like damage from flooding, hitting a bird and a tree branch falling on your vehicle. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability coverage

Liability insurance protects you from damages or injuries you inflict on other’s property or people that is your fault. It protects YOU against claims from other people, and doesn’t 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 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as structural damage, bail bonds and legal defense fees. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Auto collision coverage

Collision coverage pays for damage to your Charger caused by collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as colliding with another moving vehicle, hitting a mailbox, crashing into a building 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. It’s also possible to choose a higher deductible to save money on collision insurance.

Have money to burn

We just presented a lot of tips how to save on 2007 Dodge Charger insurance. The key thing to remember is the more rate quotes you have, the better your comparison will be. Consumers may even find the best prices are with some of the lesser-known companies. Regional companies often have lower prices on specific markets than their larger competitors like Progressive or Geico.

Low-cost insurance is available both online and also from your neighborhood agents, and you need to comparison shop both to have the best rate selection. There are still a few companies who may not provide online quoting and these smaller companies work with independent agents.

Even more information is available at these sites: