1994 Dodge Colt Car Insurance Quotes

I can’t think of a single person who enjoys paying for insurance coverage, especially when the cost is way too high.

Big-name insurance companies like Geico, Farmers Insurance and State Farm constantly blast consumers with TV and radio ads and it is difficult to ignore the flying pigs and cute green geckos and effectively compare rates to find the best deal.

Consumers should take time to do rate comparisons quite often because insurance rates change quite often. Even if you got the best deal for Colt insurance six months ago you can probably find a better price now. Ignore everything you know about insurance coverage because we’re going to demonstrate the tricks you need to know to eliminate unnecessary coverages and save money.

If you have car insurance now, you should be able to cut costs considerably using these techniques. Finding affordable coverage is easy if you know what you’re doing. But drivers benefit from understanding the way companies compete online because it can help you find the best coverage.

Factors influencing Dodge Colt insurance rates

Consumers need to have an understanding of the rating factors that help determine your auto insurance rates. Knowing what determines base rates allows you to make educated decisions that could result in better auto insurance rates.

  • Bump up deductibles to save – Physical damage deductibles represent how much money you are willing to pay out-of-pocket before a claim is paid by your company. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. A few examples of covered claims are colliding with a building, damage from fire, and windstorm damage. The higher the amount you have to pay, the less your auto insurance will be for Colt insurance.
  • Lower rates with optional equipment – Purchasing a vehicle with a theft deterrent system can save you a little every year. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your vehicle from being stolen.
  • Where you live – Being located in a rural area can be a good thing when insuring your vehicles. Drivers who live in large cities have much more traffic and longer commute times. Fewer people translates into fewer accidents as well as less vandalism and auto theft.
  • Poor driving leads to higher costs – Whether or not you get tickets impacts your car insurance rates tremendously. Only having one speeding ticket can bump up the cost twenty percent or more. Drivers who don’t get tickets receive lower rates than people who have multiple driving citations. Drivers with severe tickets such as DUI or reckless driving are required to submit a SR-22 or proof of financial responsibility with their state DMV in order to drive a vehicle legally.
  • High numbers of claims are not good – Auto insurance companies generally give better rates to people who are claim-free. If you file claims often, you can look forward to either higher rates or even cancellation. Insurance coverage is intended to be relied upon for larger claims.
  • Older drivers pay less – Young drivers tend to be careless and easily distracted when behind the wheel so auto insurance rates are higher. Older insureds are more cautious drivers, statistically cause fewer accidents and are safer drivers.
  • Discounts for married couples – Having a spouse can get you a discount on your policy. It usually means you are more mature than a single person and statistics show being married results in fewer claims.
  • Don’t get talked into coverage you don’t need – There are quite a few extra bells and whistles that can waste your money when buying auto insurance. Coverages for rental car reimbursement, accident forgiveness and membership fees may be costing you every month. They may seem good when you first buy your policy, but your needs may have changed so eliminate them to save money.

How to Get Insurance Comparison Quotes

Comparing insurance rates can take hours if you don’t know the most efficient way. You could spend your day driving to local insurance agents in your area, or you could use online quotes to get rates in a matter of minutes.

Many insurance companies belong to an insurance system that allows shoppers to enter their coverage request one time, and at least one company returns a rated price for coverage. This saves time by eliminating form submissions to every company.

To participate in this free quote system, click to open in new window.

The single downside to pricing coverage this way is you can’t choose which companies you want pricing from. If you would rather choose from a list of companies to compare prices, we have a page of low cost insurance companies in your area. View list of insurance companies.

Whichever method you choose, compare identical information with each company. If you enter different values for each quote it will be next to impossible to truly determine the lowest rate. Having just a slight variation in coverage limits can mean a large discrepancy in price. And when comparing insurance rates, know that comparing more company’s prices will enable you to find the best rates.

Save money by taking advantage of these discounts

Companies do not advertise every discount in a way that’s easy to find, so we took the time to find both the well known and also the lesser-known discounts you could be receiving.

  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and therefore earn up to a 10% discount.
  • Resident Student – Children who are attending college and do not have a car may qualify for this discount.
  • Discount for New Cars – Insuring a new car can be considerably cheaper since new cars are generally safer.
  • Military Discounts – Being on active duty in the military could be rewarded with lower premiums.
  • Homeowners Savings – Owning a home may earn you a small savings because of the fact that having a home shows financial diligence.
  • Passive Restraints – Factory air bags can get savings of up to 25% or more.

Consumers should know that some of the credits will not apply to your bottom line cost. A few only apply to specific coverage prices like comp or med pay. Even though it may seem like adding up those discounts means a free policy, companies don’t profit that way.

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

When should I use an insurance agent?

When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s needs are different so this has to be addressed. These are some specific questions can aid in determining if you would benefit from professional advice.

  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered if I hit a deer?
  • Is my 1994 Dodge Colt covered for smoke damage?
  • Which is better, split liability limits or combined limits?
  • Do I have coverage when making deliveries for my home business?
  • Should I drop comprehensive coverage on older vehicles?
  • Do all my vehicles need collision coverage?
  • I don’t drive much so do I pay less?
  • Can I get a multi-policy discount?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Insurance coverage basics

Learning about specific coverages of your policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the usual coverages available from insurance companies.

Medical payments and PIP coverage

Med pay and PIP coverage provide coverage for bills such as rehabilitation expenses, doctor visits, pain medications and funeral costs. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible

Comprehensive auto coverage

This covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as falling objects, hail damage, a tree branch falling on your vehicle and rock chips in glass. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision insurance

Collision insurance covers damage to your Colt from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like rolling your car, backing into a parked car, crashing into a building, sideswiping another vehicle and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Liability coverages

Liability insurance provides protection from damage or injury you incur to people or other property that is your fault. It protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability can pay for claims like repair costs for stationary objects, medical expenses and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Be Smart and Buy Smart

As you go through the steps to switch your coverage, make sure you don’t buy poor coverage just to save money. There are many occasions where someone dropped full coverage only to discover later that it was a big mistake. The proper strategy is to find the BEST coverage at the best price while not skimping on critical coverages.

We’ve covered a lot of information how to lower your 1994 Dodge Colt insurance rates. The key thing to remember is the more price quotes you have, the better your comparison will be. You may even discover the most savings is with a lesser-known regional company. Smaller companies may cover specific market segments cheaper compared to the large companies like Geico and State Farm.

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