2009 Chrysler 300 Car Insurance Rates – 9 Tips to Save

Looking for cheaper insurance rates for your Chrysler 300? Nobody I know enjoys paying for insurance, especially when the cost is too high.

With so many choices of insurance companies, it is very difficult to choose the right car insurance company.

Finding cheaper protection is easy if you know what you’re doing. Essentially every vehicle owner who shops for insurance coverage should be able to find better rates. Although car owners must learn how insurance companies sell online and take advantage of how the system works.

Don’t miss out on these nine money-saving discounts

Insuring your fleet can be pricey, but companies offer discounts to help offset the cost. Most are applied when you quote, but some must be asked about in order for you to get them.

  • Multiple Cars – Insuring all your vehicles with the same company can get a discount on all vehicles.
  • Theft Prevention Discount – Vehicles with anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
  • Accident Free – Drivers with accident-free driving histories pay much less when compared to drivers who are more careless.
  • Defensive Driving Course – Taking a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
  • Use Seat Belts – Drivers who require all occupants to use a seat belt can save 10% or more off your medical payments premium.
  • Bundle and Save – When you have multiple policies with the same company you may save approximately 10% to 15%.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less for 300 coverage than drivers with accident claims.
  • Good Student Discount – Getting good grades can be rewarded with saving of up to 25%. The discount lasts up to age 25.

Consumers should know that most discount credits are not given to all coverage premiums. Most only reduce individual premiums such as collision or personal injury protection. Even though it may seem like it’s possible to get free car insurance, companies wouldn’t make money that way. Any qualifying discounts will reduce the cost of coverage.

Companies that may offer some of the above discounts may include but are not limited to:

Check with all companies you are considering how you can save money. All car insurance discounts might not be offered everywhere.

Do I need special coverages?

When buying adequate coverage, there really is no perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that can help discover whether or not you will benefit from professional help.

  • What is the minimum liability in my state?
  • How do I file an SR-22 for a DUI in my state?
  • Where can I get insurance after a DUI in my state?
  • Why am I required to get a high-risk car insurance policy?
  • Do I really need UM/UIM coverage?
  • Should I get collision insurance on every vehicle?
  • Are my tools covered if they get stolen from my vehicle?
  • Should I bundle my homeowners policy with my auto?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance companies in your area.

Auto insurance 101

Understanding the coverages of insurance aids in choosing the best coverages for your vehicles. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.

Coverage for collisions

Collision coverage pays for damage to your 300 resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims such as hitting a mailbox, damaging your car on a curb and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Chrysler 300.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these limits are similar to your liability insurance amounts.

Liability coverages

Liability insurance provides protection from damages or injuries you inflict on people or other property that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as emergency aid, court costs, attorney fees, legal defense fees and pain and suffering. How much coverage you buy is up to you, but you should buy as much as you can afford.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like pain medications, dental work, prosthetic devices, ambulance fees and hospital visits. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive coverage

Comprehensive insurance coverage 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 insurance covers things such as a broken windshield, rock chips in glass, fire damage and damage from a tornado or hurricane. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

In any little way, save everyday

As you go through the steps to switch your coverage, it’s not a good idea to buy less coverage just to save a little money. There are too many instances where an insured dropped uninsured motorist or liability limits only to discover later that it was a big error on their part. The proper strategy is to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

We just showed you some good ideas how to shop for 2009 Chrysler 300 insurance online. The most important thing to understand is the more you quote, the higher the chance of saving money. Consumers may even find the best prices are with some of the smallest insurance companies. They often have lower prices on specific markets as compared to the big name companies such as Allstate or State Farm.

Additional information can be found below: