How Much Does 2002 Dodge Viper Insurance Cost?

Looking for lower insurance coverage rates? Shoppers have options when shopping for affordable Dodge Viper insurance. They can either spend hours struggling with agents getting price quotes or leverage the internet to compare rates. There is a right way and a wrong way to shop for insurance coverage and we’ll show you the best way to compare rates on a Dodge and get the lowest price.

Insurance Prices

There are several ways to shop for Dodge Viper insurance, and some are easier and takes less work. You can spend countless hours talking to insurance companies in your area, or you could use the web to get pricing more quickly.

Many insurance companies participate in an industry program where prospective buyers enter their policy data once, and each participating company returns a competitive quote determined by their information. This system prevents you from having to do quote requests to each company.

To use this form to compare 2002 Dodge Viper insurance rates click here (opens in new window).

The one downside to pricing coverage this way is buyers cannot specifically choose the companies you will receive quotes from. So if you want to choose specific insurance companies to compare rates, we put together a list of insurance companies in your area. Click here for list of insurance companies.

It’s your choice how you get your quotes, but be sure to compare exactly the same information for every company. If you compare mixed coverages you can’t possibly determine the lowest rate for your Dodge Viper.

Save on 2002 Dodge Viper insurance

Auto insurance companies don’t always list every discount very well, so the following is a list of some of the best known and the harder-to-find discounts you could be receiving. If you don’t get every credit you deserve, you’re paying more than you need to.

  • Auto/Home Discount – If you have multiple policies with one company you may earn at least 10% off all policies.
  • Government Employees – Active or retired federal employment can earn a discount up to 10% on Viper coverage with select insurance companies.
  • Homeowners Pay Less – Simply owning a home may trigger a auto insurance policy discount because owning a home demonstrates responsibility.
  • Service Members Pay Less – Being deployed with a military unit could be rewarded with lower premiums.
  • Defensive Driver – Completing a driver safety course could save 5% or more and easily recoup the cost of the course.

Consumers should know that most discounts do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, companies wouldn’t make money that way.

Companies that may offer these discounts include:

Before buying, ask every prospective company what discounts are available to you. Savings may not apply in every state.

Pieces of the Dodge Viper insurance rate puzzle

It’s important that you understand the factors that help determine your auto insurance rates. Having a good understanding of what impacts premium levels helps enable you to make changes that may reward you with big savings.

The following are some of the items that factor into rates.

  • Extra coverages can waste money – There are quite a few add-on coverages you can purchase on your auto insurance policy. Coverages for vanishing deductibles, better glass coverage and term life insurance may be wasting your money. They may seem good initially, but if they’re wasting money eliminate them to save money.
  • Are you male or female? – Statistics show that women are safer drivers than men. Now that doesn’t mean men are WORSE drivers than women. Men and women have accidents in similar numbers, but men tend to have more serious accidents. Men also have more aggressive citations like reckless driving and DUI.
  • Protect yourself with liability coverage – Liability coverage is the protection if a court rules you are at fault for damages caused by your negligence. Liability insurance provides legal defense starting from day one. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not skimp.
  • High credit ratings translate to low rates – Your credit score is a huge factor in your rate calculation. If your credit history is lower than you’d like, you could potentially save money when insuring your 2002 Dodge Viper by repairing your credit. Drivers with high credit ratings tend to file fewer claims and have better driving records as compared to drivers with poor credit.
  • High crash test scores lower rates – Cars with high safety ratings are cheaper to insure. Safe vehicles protect occupants better and any reduction in injury severity means less money paid by your insurance company and lower rates for you. If your Dodge Viper is rated at least four stars on you may qualify for a discount.

Tailor your coverage to you

When it comes to choosing the best auto insurance coverage, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that might help in determining whether you may require specific advice.

  • Is other people’s property covered if stolen from my vehicle?
  • Is my state a no-fault state?
  • Is my dog or cat covered if injured in an accident?
  • Should I buy more coverage than the required minimum liability coverage?
  • Should I buy full coverage?
  • What can I do if my company denied a claim?
  • Is business equipment covered while in my vehicle?
  • Does insurance cover tools stolen from my truck?
  • Can my babysitter drive my car?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It is quick, free and may give you better protection.

Are you falling for claims of savings?

Consumers can’t get away from ads for the lowest price auto insurance from companies such as State Farm and Allstate. They all say the same thing that you can save after switching your policy.

How does each company make the same claim?

All companies can use profiling for the type of driver that makes them money. A good example of a preferred risk might be profiled as between the ages of 40 and 55, has no prior claims, and drives newer vehicles. A customer getting a price quote that hits that “sweet spot” is entitled to the best price and therefore will save quite a bit of money when switching.

Potential insureds who don’t meet the requirements will have to pay higher prices and this can result in business going elsewhere. Company advertisements say “drivers who switch” not “everybody who quotes” save that kind of money. That’s why companies can truthfully make the claims of big savings. Because of the profiling, you should get a wide range of price quotes. It’s impossible to know the company that will provide you with the cheapest Dodge Viper insurance rates.

Coverages available on your policy

Knowing the specifics of your car insurance policy can help you determine the best coverages for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive insurance

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

Comprehensive coverage pays for things like damage from flooding, hitting a bird, a broken windshield, hail damage and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your 2002 Dodge Viper.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for funeral costs, prosthetic devices and chiropractic care. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Auto liability

Liability coverage will cover damage that occurs to other people or property in an accident. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against things like bail bonds, structural damage, court costs and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as much as you can afford.

Auto collision coverage

Collision coverage will pay to fix damage to your Viper resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like sustaining damage from a pot hole, backing into a parked car, rolling your car, hitting a mailbox and colliding with another moving vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.

In conclusion

Consumers leave their current company for any number of reasons including denial of a claim, unfair underwriting practices, lack of trust in their agent and high prices. It doesn’t matter why you want to switch finding a great new company is not as difficult as it may seem.

Discount 2002 Dodge Viper insurance is available on the web as well as from independent agents, so compare prices from both to have the best chance of lowering rates. Some insurance coverage companies don’t offer you the ability to get quotes online and these smaller companies work with independent agents.

We covered some good ideas how you can shop for insurance online. It’s most important to understand that the more rate quotes you have, the better chance you’ll have of finding lower rates. You may even find the lowest rates come from the least-expected company.

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