View 1992 Dodge Monaco Insurance Quotes

No one in their right mind likes paying for auto insurance, especially when the cost is too high.

Having so many companies to choose from, it’s nearly impossible to find the best company.

It’s important to get comparison quotes yearly because insurance rates are usually higher with each renewal. Despite the fact that you may have had the lowest rates on Monaco coverage six months ago you can probably find a better price now. There is a lot of bad information regarding auto insurance on the internet, so we’re going to give you some great ways to find affordable auto insurance.

You probably qualify for some discounts

Insuring your vehicles can cost a lot, but you may find discounts to help offset the cost. Most are applied when you purchase, but lesser-known reductions have to be requested specifically prior to getting the savings.

  • Student Driver Training – Have your child enroll in driver’s education in high school.
  • Use Seat Belts – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more off your medical payments premium.
  • Resident Student – Kids in college living away from home attending college without a vehicle on campus can receive lower rates.
  • Save over 55 – If you’re over the age of 55, you may qualify for better insurance rates on Monaco coverage.
  • Paperwork-free – A handful of insurance companies give back up to $50 just for signing your application over the internet.
  • New Vehicle Savings – Insuring a new car can be considerably cheaper since new cars are generally safer.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less on Monaco coverage than drivers with accident claims.
  • Multi-policy Discount – If you have multiple policies with the same company you may save at least 10% off all policies.

It’s important to understand that most of the big mark downs will not be given to your bottom line cost. Most cut the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky. Any amount of discount will help reduce your premiums.

To see a list of insurance companies with the best insurance discounts, click this link.

Where Can I Get Cheap Insurance?

All major insurance companies allow you to get prices on the web. The process is fairly straightforward as you simply enter the amount of coverage you want into a form. Upon sending the form, their system requests information on your driving record and credit history and generates a price. This simplifies rate comparisons, but the process of having to visit several different sites and enter the same data into a form is not the best way to spend an afternoon. But it’s absolutely necessary to do this if you want to find lower prices.

Compare rates the easy way

The easiest way to locate the lowest prices utilizes a single form that gets price quotes from a bunch of companies at once. It’s a real time-saver, reduces the work, and makes rate comparisons a lot less work. Immediately after submitting the form, it gets priced and you are able to buy your choice of the quotes returned.

If you find a better price you can simply submit the application and buy the policy. It can be completed in less than 10 minutes and you will find out if you’re overpaying now.

To save time and get comparison pricing now, click here to open in a new tab and input your coverage information. To compare your current rates, we recommend you duplicate the limits and deductibles as shown on your current policy. Doing this guarantees you are getting a fair comparison for similar insurance coverage.

Lesser-known factors impacting Dodge Monaco insurance rates

Consumers need to have an understanding of some of the elements that come into play when calculating your auto insurance rates. Understanding what influences your rates helps enable you to make changes that could result in better auto insurance rates.

  • Older drivers pay less – Teenage drivers have a tendency to be less responsible when behind the wheel so auto insurance rates are higher. Older insureds tend to be more responsible, tend to file fewer claims and tend to be better behind the wheel.
  • Marriage pays dividends – Having a wife or husband can actually save you money on your policy. Having a significant other means you’re more mature and it’s proven that being married results in fewer claims.
  • Battle of the sexes – Statistics have proven that men are more aggressive behind the wheel. However, this does not mean men are WORSE drivers than women. Both sexes are in accidents in similar percentages, but men have costlier accidents. Men also get cited for more serious violations such as reckless driving. Teenage male drivers are most likely to cause an accident and therefore are the most expensive to insure.
  • Do you work long hours in a high stress job? – Careers like real estate brokers, executives and financial analysts tend to have higher average rates attributed to high stress and lots of time spent at work. Conversely, occupations like farmers, engineers and the unemployed receive lower rates on Monaco coverage.
  • How many coverages with the same company – Some companies give discounts to customers who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. If you currently are using one company, it’s in your best interest to compare other company rates to verify if the discount is saving money.
  • Don’t sacrifice liability coverage – Liability coverage will protect you if you are found to be at fault for personal injury or accident damage. Liability provides legal defense coverage which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so drivers should carry high limits.
  • Pleasure use or commuting – The more you drive in a year’s time the more you will pay for auto insurance. Almost all companies apply a rate based upon how you use the vehicle. Cars and trucks left parked in the garage receive lower rates than those used for commuting. If your policy improperly rates your Monaco may be wasting your money. Make sure your auto insurance policy is showing the correct driver usage, because improper ratings can cost you money.

There’s no such thing as the perfect policy

When it comes to choosing coverage for your personal vehicles, there really is no “perfect” insurance plan. Everyone’s needs are different so your insurance needs to address that. For example, these questions can help discover if your situation would benefit from professional advice.

  • Do I have coverage when making deliveries for my home business?
  • What can I do if my company won’t pay a claim?
  • Does my 1992 Dodge Monaco qualify for pleasure use?
  • Is there coverage for injuries to my pets?
  • Do I need special endorsements for business use of my vehicle?
  • Can my teen driver be rated on a liability-only vehicle?
  • How much liability do I need to cover my assets?
  • Am I covered when driving on a suspended license?
  • Does my policy cover my teen driver if they drive my company car?
  • Is my teenager covered with friends in the car?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Coverages available on your policy

Understanding the coverages of your car insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on most car insurance policies.

Liability auto insurance

This can cover damages or injuries you inflict on a person or their property. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as repair bills for other people’s vehicles, pain and suffering, court costs, emergency aid and medical expenses. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Collision insurance

Collision insurance covers damage to your Monaco resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like sustaining damage from a pot hole, hitting a mailbox, crashing into a building and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Protection from uninsured/underinsured drivers

This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your 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. So UM/UIM coverage is very important. Normally these coverages are identical to your policy’s liability coverage.

Comprehensive (Other than Collision)

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, fire damage, hitting a bird and falling objects. The highest amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as doctor visits, nursing services, rehabilitation expenses, dental work and pain medications. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

More quotes. Lower rates.

We just covered many tips how you can get a better price on 1992 Dodge Monaco insurance. The most important thing to understand is the more companies you get rates for, the better your comparison will be. Consumers could even find that the lowest priced car insurance comes from a smaller regional carrier. Smaller companies may only write in your state and offer lower rates compared to the large companies like State Farm or Progressive.

Low-cost insurance can be bought both online in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance companies do not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

Additional information