2015 Chrysler 300 Insurance Quotes – 10 Tips to Save

If you’ve never shopped for insurance online, it’s easy to be confused by the large number of insurance companies offering coverage.

It’s smart to take a look at other company’s rates once or twice a year because rates are adjusted regularly by insurance companies. Just because you had the best deal on 300 insurance on your last policy you may be paying too much now. Forget anything you know (or think you know) about insurance because you’re about to learn the things you must know in order to get good coverage at a lower rate.

The purpose of this article is to introduce you to the best way to quote coverages and some tricks to saving. If you currently have a car insurance policy, you will most likely be able to cut costs considerably using these techniques. Nevertheless, vehicle owners do need to learn the way companies determine prices.

Take advantage of discounts

The cost of insuring your cars can be expensive, but there could be available discounts to reduce the price significantly. Most are applied at quote time, but some may not be applied and must be requested specifically prior to receiving the credit.

  • More Vehicles More Savings – Having multiple cars or trucks on one policy can get a discount on all vehicles.
  • Safe Driver Discount – Drivers who avoid accidents may receive a discount up to 45% less on 300 insurance than their less cautious counterparts.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems are safer to drive and will save you 10% or more.
  • Bundle and Save – If you have multiple policies with one company you could get a discount of at least 10% off all policies.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Accident Free – Good drivers with no accidents pay much less when compared to drivers who are more careless.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can get savings up to 30%.
  • One Accident Forgiven – Certain companies will allow you to have one accident without raising rates if your claims history is clear for a certain period of time.
  • Employee of Federal Government – Employees or retirees of the government may qualify you for a discount on 300 insurance with a few auto insurance companies.
  • Defensive Driving Course – Taking part in a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.

Drivers should understand that many deductions do not apply to the entire policy premium. Most cut individual premiums such as physical damage coverage or medical payments. Just because it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous. Any amount of discount will cut your overall premium however.

A partial list of companies that may offer these money-saving discounts include:

It’s a good idea to ask every prospective company which discounts they offer. All car insurance discounts may not apply in your area.

The method we recommend to compare rates takes advantage of the fact most insurance companies will pay a fee to provide you with a free rate quote. All you need to do is provide information such as your occupation, the ages of drivers, the type of vehicles you drive, and if you are currently licensed. That rating data is instantly provided to multiple different insurance companies and they return quotes very quickly.

To compare multiple company rates now, click here and find out if lower rates are available.

How to know if you need help

When choosing proper insurance coverage, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might help in determining if you might need an agent’s assistance.

  • Does medical payments coverage apply to all occupants?
  • Are rock chip repairs covered?
  • What if I total my 2015 Chrysler 300 and owe more than it’s worth?
  • Does insurance cover tools stolen from my truck?
  • Does coverage extend to a rental car in a foreign country?
  • Am I covered when using my vehicle for business?
  • What is covered by UM/UIM coverage?
  • Can I rate high risk drivers on liability-only vehicles?
  • Am I covered if I crash into my own garage door?
  • Who is covered by my policy?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form.

The fine print in auto insurance ads

Companies like Allstate and Progressive constantly bombard you with ads in print and on television. All the ads make an identical promise that you’ll save big if you switch your coverage to them. How can each company say the same thing?

Insurance companies are able to cherry pick for the right customer that earns them a profit. An example of a driver they prefer could possibly be over the age of 40, insures multiple vehicles, and has a short commute. Any driver who meets those qualifications will qualify for the lowest rates and as a result will probably save quite a bit of money when switching.

Potential customers who don’t measure up to this ideal profile must pay higher premiums and ends up with the driver buying from a lower-cost company. The ads say “drivers who switch” not “people who quote” save money. This is how companies can make the claims of big savings.

This illustrates why it’s extremely important to get quotes from several different companies. It’s just too difficult to predict which company will provide you with the cheapest Chrysler 300 insurance rates.

Insurance coverage options for a 2015 Chrysler 300

Learning about specific coverages of your policy can help you determine the right coverages and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as hitting a deer, falling objects and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This provides protection when other motorists do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Chrysler 300.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Frequently these limits are set the same as your liablity limits.

Medical payments and PIP coverage

Med pay and PIP coverage kick in for short-term medical expenses for EMT expenses, doctor visits, X-ray expenses, nursing services and hospital visits. They can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Liability car insurance

This coverage provides protection from injuries or damage you cause to people or other property in an accident. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as loss of income, repair costs for stationary objects, pain and suffering and medical expenses. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Coverage for collisions

Collision coverage will pay to fix damage to your 300 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like hitting a parking meter, crashing into a ditch and colliding with another moving vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to get cheaper collision coverage.

Do the work, save more money

We covered many ideas to reduce 2015 Chrysler 300 insurance prices online. It’s most important to understand that the more you quote, the better chance you’ll have of finding lower rates. You may even discover the biggest savings come from a small mutual company.

Insureds leave their current company for a number of reasons such as being labeled a high risk driver, not issuing a premium refund, extreme rates for teen drivers or policy cancellation. It doesn’t matter why you want to switch finding a new auto insurance company is actually quite simple.

As you prepare to switch companies, do not buy less coverage just to save a little money. In many instances, someone sacrificed comprehensive coverage or liability limits and found out when filing a claim that the small savings ended up costing them much more. Your focus should be to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.

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