1992 Dodge Colt Insurance Rates

Have you had enough of robbing Peter to pay Paul to pay your car insurance bill each month? You are no different than the majority of other car owners. With consumers having so many insurance providers from which to choose, it can be impossible to find the lowest price provider.

Car Insurance Comparisons

There are a lot of ways to compare car insurance prices and some are easier and takes less work. You can spend countless hours driving to insurance companies in your area, or you can stay home and use the web to get rates in a matter of minutes.

Most car insurance companies belong to a marketplace where insurance shoppers submit one quote, and each company then gives them pricing for coverage. This system prevents you from having to do quotation requests to each company. To compare 1992 Dodge Colt rates using this form now click here to start a free quote.

One minor caviat to pricing coverage this way is you can’t choose the insurers you want pricing from. If you prefer to choose specific insurance companies to compare rates, we have assembled a list of low cost car insurance companies in your area. View list of insurance companies.

It’s up to you which method you use, but ensure you’re using exactly the same information on every quote. If each company quotes higher or lower deductibles it will be impossible to make a fair comparison for your Dodge Colt.

Are you getting all your discounts?

The cost of insuring your cars can be expensive, but you can get discounts that many people don’t even know exist. Most are applied at the time of purchase, but some must be specially asked for prior to receiving the credit. If you aren’t receiving every discount available, you are throwing money away.

  • One Accident Forgiven – Certain companies will forgive one accident without raising rates so long as you haven’t had any claims for a set time period.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Claim Free – Good drivers with no accidents can earn big discounts when compared to accident-prone drivers.
  • Life Insurance – Larger companies have a break if you buy auto and life insurance together.
  • Organization Discounts – Belonging to a qualifying organization could trigger savings when buying auto insurance for Colt insurance.
  • Lower Rates for Military – Being on active duty in the military could be rewarded with lower premiums.
  • Paperwork-free – Some insurance companies may give you up to $50 just for signing your application on their website.

Drivers should understand that many deductions do not apply to the entire cost. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you could get a free auto insurance policy, auto insurance companies aren’t that generous. But all discounts will help reduce the cost of coverage.

For a list of insurers who offer auto insurance discounts, click here to view.

Tailor your coverage to you

When it comes to buying coverage, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that could help you determine whether you may require specific advice.

  • Are split liability limits better than a combined single limit?
  • Should I have a commercial auto policy?
  • What is covered by UM/UIM coverage?
  • Is business equipment covered while in my vehicle?
  • Does my insurance cover my expensive audio equipment?
  • When would I need rental car insurance?
  • Does my liability insurance cover pulling a trailer or camper?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

Information about specific coverages

Having a good grasp of your car insurance policy can help you determine appropriate coverage for your vehicles. Car insurance terms can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverage types found on most car insurance policies.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like pain medications, X-ray expenses, dental work and chiropractic care. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage – This gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Dodge Colt.

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. This is the reason having UM/UIM coverage is a good idea. Frequently these coverages are similar to your liability insurance amounts.

Auto liability – This coverage provides protection from damage that occurs to other people or property that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like attorney fees, medical expenses, court costs and legal defense fees. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage – This will pay to fix damage to your Colt caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as crashing into a ditch, rolling your car, scraping a guard rail, hitting a parking meter and crashing into a building. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.

Comprehensive coverage – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as falling objects, a broken windshield and theft. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

A tidy conclusion

When buying insurance coverage, make sure you don’t reduce needed coverages to save money. In too many instances, consumers will sacrifice uninsured motorist or liability limits and found out when filing a claim that they should have had better coverage. Your goal should be to get the best coverage possible at a price you can afford while still protecting your assets.

You just learned a lot of information how to lower your 1992 Dodge Colt insurance rates. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the best price on car insurance is with the smaller companies. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate or State Farm.

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