Cheap 2004 Dodge Neon Insurance Rates

Looking for cheaper car insurance rates for your Dodge Neon? I can’t think of anyone who enjoys paying for car insurance, especially knowing they are paying too much.

You have multiple car insurance companies to choose from, and although it’s nice to be able to choose, too many choices makes it more difficult to locate the cheapest rates.

Don’t miss out on these money-saving discounts

Auto insurance companies don’t list all their discounts in a way that’s easy to find, so here is a list some of the more common and the more hidden ways to save on auto insurance.

  • Discounts for Safe Drivers – Insureds without accidents can pay as much as 50% less on Neon coverage than less cautious drivers.
  • Save with a New Car – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
  • Memberships – Affiliation with a professional or civic organization may earn a discount when shopping for auto insurance on Neon coverage.
  • Seat Belt Usage – Drivers who require all occupants to wear their seat belts could save 15% off your PIP or medical payments premium.
  • Good Student – Getting good grades can save 20 to 25%. The good student discount can last until age 25.
  • Multiple Cars – Insuring all your vehicles with the same company qualifies for this discount.
  • Lower Rates for Military – Having a family member in the military could mean lower rates.
  • Student Driver Training – Cut your cost by having your teen driver take driver’s ed class in school.
  • Anti-theft Discount – Cars that have factory anti-theft systems can help prevent theft and will save you 10% or more.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts may earn rate discounts up to 30%.

Keep in mind that some of the credits will not apply to the entire policy premium. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, companies wouldn’t make money that way.

Companies who might offer these discounts are:

Check with each insurance company which discounts you may be entitled to. Savings may not apply in your area.

How to Compare Auto Insurance Costs

To find the best auto insurance prices, there are several ways to compare rate quotes from different insurance companies. The best method to find competitive 2004 Dodge Neon insurance rates is to use the internet to compare rates. It is quite easy and can be accomplished using a couple different methods.

  • The fastest way consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This easy form eliminates the need for multiple quote forms for each company. Completing one form will get you rate comparisons from several companies.
  • A harder way to analyze rates requires you to visit the website for each individual company and complete a new quote form. For example, we’ll pretend you want to compare rates from Liberty Mutual, State Farm and Farmers. To get rate quotes you would need to visit each site to enter your coverage information, which is why the first method is quicker.

    For a list of links to companies insuring cars in your area, click here.

Which method you use is up to you, but double check that you are using exactly the same deductibles and coverage limits for every company. If the quotes have different limits and deductibles on each one it will be very difficult to decipher which rate is best. Just a small difference in insurance coverages can mean a large discrepancy in price. And when comparison shopping, having more price comparisons provides better odds of finding a lower rate.

Do I need special coverages?

When it comes to buying coverage, there is no cookie cutter policy. Everyone’s situation is a little different and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out whether or not you may require specific advice.

  • Am I covered when driving in Canada or Mexico?
  • When should my teen driver be added to my policy?
  • If my 2004 Dodge Neon is totaled, can I afford another vehicle?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • How high should deductibles be on a 2004 Dodge Neon?
  • When should I drop full coverage on my 2004 Dodge Neon?
  • Should I put collision coverage on all my vehicles?
  • Am I better off with higher deductibles on my 2004 Dodge Neon?

If you can’t answer these questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

Educate yourself about auto insurance coverages

Understanding the coverages of your policy helps when choosing which coverages you need and the correct deductibles and limits. Auto insurance terms can be difficult to understand and reading a policy is terribly boring. Below you’ll find the normal coverages found on most auto insurance policies.

Collision coverages – This pays for damage to your Neon caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims like hitting a mailbox, driving through your garage door, 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. Another option is to increase the deductible to bring the cost down.

Liability car insurance – Liability insurance provides protection from damages or injuries you inflict on a person or their property. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage pays for things such as repair costs for stationary objects, medical services and court costs. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hitting a deer, damage from a tornado or hurricane, a tree branch falling on your vehicle and vandalism. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

UM/UIM Coverage – This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like surgery, funeral costs and prosthetic devices. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Power to the consumer

Cheap 2004 Dodge Neon insurance is attainable on the web in addition to many insurance agents, so you should compare both so you have a total pricing picture. Some insurance companies do not provide the ability to get a quote online and these smaller companies work with independent agents.

You just read a lot of tips how to compare insurance prices online. The most important thing to understand is the more rate quotes you have, the higher your chance of finding lower rates. Consumers may even find the lowest premiums are with an unexpected company. Some small companies may cover specific market segments cheaper compared to the large companies like Progressive or GEICO.

Additional auto insurance information can be read below: