Searching for lower insurance rates for your Dodge Journey? Are you a victim of high-priced insurance? Trust us when we tell you you are not the only one feeling buyer’s remorse. Big-name insurance companies like State Farm, Allstate, Geico and Progressive all promote huge savings with ads and it is difficult to ignore the flashy ads and effectively compare rates to find the best deal.
Consumers need to have an understanding of the factors that go into determining insurance coverage rates. Having a good understanding of what influences your rates helps enable you to make changes that will entitle you to lower insurance coverage prices.
Listed below are a few of the “ingredients” that factor into prices.
Car insurance companies don’t always list every available discount in an easy-to-find place, so we researched both well-publicized and the more hidden savings tricks you should be using. If they aren’t giving you every credit you deserve, you’re paying more than you need to.
A little note about advertised discounts, most discount credits are not given the the whole policy. Some only apply to specific coverage prices like medical payments or collision. So even though they make it sound like you would end up receiving a 100% discount, you’re out of luck.
For a list of insurance companies with the best auto insurance discounts, click here to view.
When it comes to buying coverage for your vehicles, there isn’t really a single plan that fits everyone. Each situation is unique and a cookie cutter policy won’t apply. These are some specific questions might help in determining if your situation would benefit from an agent’s advice.
If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area. It’s fast, free and may give you better protection.
Understanding the coverages of your insurance policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages offered by insurance companies.
Uninsured/Underinsured Motorist (UM/UIM) – This gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.
Comprehensive insurance – This pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like falling objects, fire damage and hitting a deer. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.
Liability – This coverage will cover damages or injuries you inflict on people or other property by causing an accident. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 that means you have a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.
Liability can pay for things such as structural damage, bail bonds, funeral expenses and loss of income. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.
Collision coverage – Collision insurance pays for damage to your Journey from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision insurance covers claims like hitting a parking meter, hitting a mailbox, rolling your car and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. You can also choose a higher deductible to save money on collision insurance.
Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage reimburse you for bills for rehabilitation expenses, chiropractic care and prosthetic devices. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and may carry a deductible
In this article, we presented a lot of information how to compare 2014 Dodge Journey insurance prices online. The most important thing to understand is the more times you quote, the better your comparison will be. You may even find the best prices are with a smaller regional carrier. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate or State Farm.
When trying to cut insurance costs, don’t be tempted to reduce coverage to reduce premium. Too many times, someone dropped uninsured motorist or liability limits and learned later that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy the best coverage you can find for the lowest price, not the least amount of coverage.