Tired of being strong-armed each month for car insurance? You are in the same boat as many other drivers. Numerous car insurance companies battle for your business, and it can be difficult to compare rates and uncover the absolute best rate
Insuring your vehicles can cost a lot, but you may find discounts to cut the cost considerably. Certain discounts will be triggered automatically when you get a quote, but lesser-known reductions have to be asked for before you get the savings. If you don’t get every credit available, you are paying more than you should be.
Keep in mind that most discount credits are not given to the entire policy premium. Most only reduce specific coverage prices like liability and collision coverage. Just because it seems like you would end up receiving a 100% discount, you’re out of luck. Any qualifying discounts will help reduce your premiums.
A partial list of companies that possibly offer some of the above discounts include:
Check with each company what discounts are available to you. Savings might not be offered in your state.
Smart consumers have a good feel for the factors that play a part in calculating the price you pay for auto insurance. Knowing what impacts premium levels empowers consumers to make smart changes that could result in better auto insurance rates.
When choosing the best insurance coverage for your vehicles, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. These are some specific questions may help highlight if your situation might need an agent’s assistance.
If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.
Consumers can’t get away from ads for the lowest price auto insurance by companies like Geico, State Farm and Progressive. All the ads say the same thing of big savings if you change to them.
How can each company make the same claim?
All companies can use profiling for the type of customer that makes them money. An example of a preferred risk could possibly be over the age of 40, insures multiple vehicles, and drives less than 7,500 miles a year. A customer that hits that “sweet spot” will qualify for the lowest rates and most likely will save quite a bit of money when switching.
Consumers who don’t qualify for these standards must pay a higher premium and this can result in the driver buying from a lower-cost company. The ads state “customers who switch” not “everybody who quotes” save that much money. That is how companies can truthfully make the claims of big savings.
This illustrates why drivers should get as many quotes as possible. You cannot predict which car insurance company will have the lowest Dodge Challenger insurance rates.
Learning about specific coverages of your insurance policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages available from insurance companies.
Comprehensive or Other Than Collision
Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims like hitting a deer, damage from flooding, hitting a bird, damage from getting keyed and rock chips in glass. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
UM/UIM Coverage
This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Dodge Challenger.
Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Normally these coverages are similar to your liability insurance amounts.
Liability
Liability insurance can cover injuries or damage you cause to other’s property or people. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined limit which combines the three limits into one amount without having the split limit caps.
Liability can pay for claims such as pain and suffering, repair costs for stationary objects, bail bonds, emergency aid and loss of income. How much coverage you buy is a personal decision, but you should buy higher limits if possible.
Collision coverage protection
This coverage will pay to fix damage to your Challenger from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as sustaining damage from a pot hole, colliding with another moving vehicle and colliding with a tree. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.
Medical costs insurance
Coverage for medical payments and/or PIP provide coverage for bills such as EMT expenses, surgery, nursing services, chiropractic care and ambulance fees. They are utilized in addition to your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
When shopping online for auto insurance, never skimp on coverage in order to save money. There have been many cases where an insured dropped physical damage coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.
We covered some good ideas how to shop for 2009 Dodge Challenger insurance online. The key concept to understand is the more price quotes you have, the better your comparison will be. Consumers may even find the most savings is with a small local company. These smaller insurers may only write in your state and offer lower rates than their larger competitors like State Farm or Progressive.
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