2003 Dodge Neon Insurance Rates – 10 Policy Discounts

Locating cheaper insurance for a Dodge Neon can turn out to be a painful process, but you can follow a few tricks to find lower rates. There is a right way and a wrong way to shop for insurance so you’re going to learn the absolute fastest way to quote coverages for a new or used Dodge and get the best price possible.

It’s a great practice to take a look at other company’s rates at least once a year because prices fluctuate regularly. Despite the fact that you may have had the best deal for Neon insurance six months ago other companies may now be cheaper. Ignore everything you know about insurance because I’m going to let you in on the secrets to the only way to find better coverage at a better price.

Discounts are available to cut your rates

Companies don’t always advertise all available discounts very clearly, so the following is a list of some of the more common and the harder-to-find savings tricks you should be using. If you’re not getting every credit you qualify for, you’re paying more than you need to.

  • Auto/Home Discount – When you have multiple policies with the same insurance company you could get a discount of 10% to 20% off each policy.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
  • Homeowners Pay Less – Simply owning a home can save you money because maintaining a house shows financial diligence.
  • Seat Belt Usage – Requiring all passengers to wear their seat belts can save 10% or more off your PIP or medical payments premium.
  • Safe Driver Discount – Safe drivers may receive a discount up to 45% less for Neon insurance than drivers with accidents.
  • One Accident Forgiven – Certain companies will forgive one accident before your rates go up so long as you haven’t had any claims for a certain period of time.
  • Safety Course Discount – Taking a driver safety course could save 5% or more if you qualify.
  • Lower Rates for Military – Being on active duty in the military could mean lower rates.
  • Sign Online – A handful of insurance companies may give you up to $50 just for signing your application over the internet.
  • Passive Restraints – Vehicles with factory air bags or motorized seat belts can get savings of up to 25% or more.

Drivers should understand that some credits don’t apply to the entire policy premium. Most only reduce individual premiums such as comp or med pay. Just because it seems like you can get free auto insurance, it just doesn’t work that way.

For a list of insurers offering car insurance discounts, click this link.

Everyone needs different coverages

When it comes to buying the best auto insurance coverage for your personal vehicles, there really is no cookie cutter policy. Every insured’s situation is different.

For example, these questions might point out if your insurance needs will benefit from professional help.

  • Is a new car covered when I drive it off the dealer lot?
  • At what point should I drop full coverage?
  • Am I covered if I drive in a foreign country?
  • Does car insurance cover theft of personal property?
  • Is my nanny covered when driving my vehicle?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is my camper covered by my car insurance policy?
  • Do I have coverage when making deliveries for my home business?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and you can get the answers you need.

Beware of misleading insurance ads

Consumers can’t ignore all the ads for the lowest price auto insurance from companies such as State Farm, Allstate and Geico. They all seem to make an identical promise that you can save after switching your policy.

But how can every company claim to save you money?

Different companies are able to cherry pick for the type of driver that earns them a profit. For example, a driver they prefer might be a mature driver, a clean driving record, and has a short commute. A propective insured that hits that “sweet spot” will get the preferred rates and is almost guaranteed to save quite a bit of money when switching.

Potential insureds who don’t qualify for these standards will be charged more money which usually ends up with business going elsewhere. The ads say “customers that switch” not “everyone that quotes” save money. That’s why companies can state the savings. That is why you should get as many comparisons as possible. It’s not possible to predict which company will give you the biggest savings on Dodge Neon insurance.

Specific coverage details

Understanding the coverages of insurance can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Collision – This coverage will pay to fix damage to your Neon caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as crashing into a building, damaging your car on a curb, scraping a guard rail and rolling your car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Dodge Neon.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP kick in for bills for things like dental work, chiropractic care, funeral costs and EMT expenses. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverage – Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a deer, hitting a bird, damage from a tornado or hurricane and theft. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for liability – This coverage can cover damage that occurs to a person or their property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage protects against things like medical services, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.

And the best car insurance company is…

When shopping online for car insurance, it’s very important that you do not buy less coverage just to save a little money. In many instances, drivers have reduced uninsured motorist or liability limits only to regret that it was a big error on their part. Your goal should be to purchase plenty of coverage at an affordable rate.

Cheap 2003 Dodge Neon insurance can be bought from both online companies and also from your neighborhood agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some companies may not provide online quoting and most of the time these regional insurance providers sell through independent agents.

We just showed you many ideas to save on insurance. The key thing to remember is the more times you quote, the better chance you’ll have of finding lower rates. Consumers may even find the biggest savings come from the least-expected company.

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