2015 Chrysler 200 Insurance Cost – 7 Policy Discounts

Searching for better insurance rates for your Chrysler 200? Searching for low-cost insurance online can be challenging for consumers new to buying insurance online. With so many choices, how can drivers even start to compare them all to find the best price?

It’s important to do rate comparisons before your policy renews since rates are constantly changing. Even if you think you had the best rates on 200 insurance a year ago you may be paying too much now. Forget all the misinformation about insurance because you’re about to learn the proper way to properly buy coverages while reducing your premium.

How to save on 2015 Chrysler 200 insurance

Companies do not list every available discount very well, so we researched both well-publicized and also the lesser-known discounts you could be receiving.

  • Drive Safe and Save – Insureds without accidents may receive a discount up to 45% less on 200 insurance than less cautious drivers.
  • College Student – Youth drivers living away from home attending college and do not have a car may qualify for this discount.
  • Homeowners Discount – Being a homeowner may trigger a auto insurance policy discount because of the fact that having a home shows financial diligence.
  • Lower Rates for Military – Having a family member in the military could mean lower rates.
  • Anti-theft System – Anti-theft and alarm systems are stolen less frequently and therefore earn up to a 10% discount.
  • Early Signing – Select companies give a discount for buying a policy before your current policy expires. This can save 10% or more.
  • Auto/Home Discount – If you insure your home and vehicles with the same company you may earn at least 10% off all policies.

It’s important to understand that some credits don’t apply to your bottom line cost. Some only apply to specific coverage prices like physical damage coverage or medical payments. Just because it seems like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

A partial list of companies who might offer some of the above discounts may include but are not limited to:

Double check with each company which discounts you may be entitled to. Discounts may not apply in your state.

How to Compare Insurance Coverage Quotes

There are several ways to shop for Chrysler 200 insurance coverage, but some are easier and takes less work. You could waste time driving to insurance agencies in your area, or you could use the internet to get the quickest rates.

Many insurance companies are enrolled in a marketplace where prospective buyers submit one quote, and each participating company then gives them pricing based on that information. This saves time by eliminating form submissions for each company you want a rate for. To compare pricing click here (opens in new window).

One minor caviat to comparing rates this way is that consumers can’t choose which providers you want pricing from. If you wish to select specific providers to compare rates, we have a page of low cost insurance coverage companies in your area. Click to view list.

It’s your choice how you get your quotes, but make darn sure you compare the exact same coverage information with each company. If your comparisons have unequal deductibles or liability limits it’s not possible to determine the best price for your Chrysler 200. Quoting even small variations in limits may cause a big price difference. Just remember that comparing a large number of companies gives you a better chance of getting a lower rate.

Tailor your coverage to you

When choosing proper insurance coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might point out if your insurance needs would benefit from an agent’s advice.

  • Can I afford to pay high deductible claims out of pocket?
  • Is my ex-spouse still covered by my policy?
  • Am I covered when pulling a rental trailer?
  • Is my teenager covered with friends in the car?
  • When should I remove comp and collision on my 2015 Chrysler 200?
  • What is medical payments coverage?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, complete this form.

Auto insurance coverages and their meanings

Understanding the coverages of auto insurance aids in choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your 2015 Chrysler 200.

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. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive insurance – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as hitting a bird, rock chips in glass and damage from getting keyed. The highest amount your auto insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as prosthetic devices, hospital visits, dental work and rehabilitation expenses. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and also covers being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

Liability car insurance – This will cover damages or injuries you inflict on other’s property or people. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things such as loss of income, court costs and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Collision – This coverage will pay to fix damage to your 200 from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as sustaining damage from a pot hole, crashing into a building, crashing into a ditch and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.

Shop smart and save

As you prepare to switch companies, it’s a bad idea to reduce coverage to reduce premium. Too many times, someone sacrificed collision coverage only to regret at claim time that it was a big mistake. The ultimate goal is to purchase plenty of coverage at the best price.

Discount 2015 Chrysler 200 insurance can be bought from both online companies and with local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some auto insurance companies do not offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

Drivers leave their current company for a variety of reasons including not issuing a premium refund, an unsatisfactory settlement offer, delays in paying claims or policy cancellation. Regardless of your reason for switching companies, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

Additional information can be found at the links below