How Much Does 2012 Chrysler 300 Insurance Cost?

Trying to find better auto insurance rates for your Chrysler 300? Finding the cheapest auto insurance on the internet can seem to be rather challenging for people who are new to shopping for insurance online. Because there are so many companies in the marketplace, how can consumers possibly compare every company to locate the cheapest rates?

It’s smart to take a look at other company’s rates before your policy renews since rates are usually higher with each renewal. Even if you got the best deal on 300 coverage a year ago the chances are good that you can find a lower rate today. Starting now, forget anything you know (or think you know) about auto insurance because we’re going to show you the only way to find lower rates on auto insurance.

Choosing the best insurance company for you is quite easy. In a nutshell, anyone who is shopping for insurance should be able to cut their insurance bill. But car owners need to have an understanding of how big insurance companies sell insurance online because it can help you find the best coverage.

Don’t pay full price with these discounts

Auto insurance companies do not advertise all their discounts very clearly, so here is a list some of the best known as well as the least known savings tricks you should be using.

  • Accident Free – Claim-free drivers pay much less compared to bad drivers.
  • Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course in school.
  • Homeowners Savings – Being a homeowner can save you money due to the fact that maintaining a home demonstrates responsibility.
  • Payment Method – If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.
  • New Vehicle Savings – Adding a new car to your policy can cost up to 25% less due to better safety requirements for new cars.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you may earn approximately 10% to 15%.

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Most only apply to specific coverage prices like comprehensive or collision. Even though it may seem like all those discounts means the company will pay you, companies wouldn’t make money that way.

Insurance companies that may offer these benefits are:

It’s a good idea to ask every prospective company what discounts are available to you. Some discounts might not be offered everywhere.

Your personal situation dictates your coverage

When it comes to buying coverage, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that could help you determine if your insurance needs might need an agent’s assistance.

  • Where can I find high-risk insurance?
  • How high should deductibles be on a 2012 Chrysler 300?
  • Should I have combined single limit or split liability limits?
  • Is my teenager covered with friends in the car?
  • What is PIP insurance?
  • Am I covered if hit by an uninsured driver?
  • Is extra glass coverage worth it?
  • What should my uninsured motorist coverage limits be in my state?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Who is covered when they drive my 2012 Chrysler 300?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form.

Are you falling for claims of savings?

Auto insurance providers like State Farm and Allstate constantly bombard you with ads in print and on television. They all have a common claim about savings if you switch your policy. How can each company make the same claim? This is how they do it.

All the different companies are able to cherry pick for the driver they prefer to insure. For instance, a driver they prefer might be over the age of 40, has no prior claims, and chooses high deductibles. A customer who fits that profile is entitled to the best price and is almost guaranteed to save a lot of money.

Potential customers who don’t qualify for the “perfect” profile must pay a higher premium and ends up with the driver buying from a lower-cost company. The ad wording is “customers who switch” not “people who quote” save that much money. This is how companies can make the claims of big savings. This illustrates why you absolutely need to quote coverage with many companies. It’s not possible to predict which auto insurance company will have the lowest Chrysler 300 insurance rates.

Insurance specifics

Understanding the coverages of insurance helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Coverage for collisions

This covers damage to your 300 resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as colliding with another moving vehicle, crashing into a building and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like rock chips in glass, a broken windshield and hail damage. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto liability

Liability coverage provides protection from damage or injury you incur to a person or their property. This coverage protects you against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims like repair bills for other people’s vehicles, medical services and attorney fees. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Chrysler 300.

Since a lot of drivers 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 very important.

Insurance for medical payments

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for things like hospital visits, nursing services, EMT expenses and X-ray expenses. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Shop. Compare. Save.

You just learned quite a bit of information on how to compare 2012 Chrysler 300 insurance prices online. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. Drivers may discover the lowest priced insurance comes from a company that doesn’t do a lot of advertising.

Insureds change insurance companies for any number of reasons including high prices, policy cancellation, not issuing a premium refund or delays in paying claims. Regardless of your reason for switching companies, choosing a new company can be pretty painless.

As you go through the steps to switch your coverage, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many situations where an accident victim reduced comprehensive coverage or liability limits only to discover later that they should have had better coverage. The ultimate goal is to buy enough coverage at a price you can afford.

Additional detailed information is available in the articles below: