View 2006 Dodge Stratus Insurance Rates

Scraping up a payment for overpriced Dodge Stratus insurance can take a big chunk out of your savings account, especially in this economy. Comparison shopping is free, only takes a few minutes, and is a good way to tighten up your finances. There is such a variety of insurance companies to choose from, and although it’s a good thing to have multiple companies, lots of choices makes it harder to locate the cheapest rates.

You need to check insurance prices before your policy renews because insurance rates are variable and change quite frequently. Just because you found the lowest rates on Stratus coverage six months ago a different company probably has better rates today. So forget all the misinformation about insurance because I’m going to teach you the things you must know in order to save on insurance.

How to Get Insurance Coverage

Getting better 2006 Dodge Stratus insurance coverage pricing can be surprisingly simple. All you need to do is take time getting comparison quotes from different insurance companies. This can be done in a couple of different ways.

  1. Probably the best way to get quotes for comparison is a comparison rater form click here to open form in new window. This form saves time by eliminating a different quote to each individual insurance coverage company. Filling out one form will get you rate comparisons from insurance coverage companies with the best prices.
  2. A more difficult way to shop for insurance coverage online is going to the website for each individual company and complete a new quote form. For sake of this example, we’ll assume you want to compare Nationwide, Geico and Liberty Mutual. To get each rate you have to visit each site to input your insurance information, and that’s why the first method is more popular.

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

  3. The most time-consuming method to compare rates is to spend your day driving to local insurance agencies. Buying insurance online eliminates the need for an insurance agent unless you require the professional advice only provided by licensed agents. Drivers can compare the best prices online and still use a local agent and we’ll touch on that later.

It’s up to you how you get prices quotes, just double check that you are using the exact same coverages and limits for every company. If the quotes have different deductibles it’s not possible to determine which rate is truly the best.

Discounts on 2006 Dodge Stratus insurance

Auto insurance companies don’t necessarily list all their discounts very clearly, so here is a list some of the best known as well as the least known car insurance savings. If you’re not getting every credit possible, you are paying more than you should be.

  • Homeowners Pay Less – Owning a home may trigger a car insurance policy discount because maintaining a house requires personal responsibility.
  • Anti-theft Discount – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Multi-policy Discount – If you have multiple policies with one company you may earn up to 20% off your total premium.
  • Safe Driver Discount – Safe drivers can pay as much as 50% less on Stratus coverage than their less cautious counterparts.
  • Drive Less and Save – Driving fewer miles can earn lower rates on the low mileage vehicles.
  • Drivers Education – Have your child successfully complete driver’s ed class in high school.

As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Just because you may think you can get free auto insurance, it just doesn’t work that way.

A partial list of companies who might offer these benefits include:

Double check with all companies you are considering how you can save money. Discounts might not be offered everywhere.

Impacting insurance rates for a Dodge Stratus

An important part of buying insurance is that you know the rating factors that go into determining the rates you pay for car insurance. Understanding what determines base rates enables informed choices that will entitle you to big savings.

  • Frequent car insurance claims increase rates – Insurance companies award better rates to insureds who are claim-free. If you are a frequent claim filer, you can pretty much guarantee higher rates. Your insurance policy is designed for the large, substantial claims.
  • Women pay lower rates – Statistics have proven women tend to be less risk to insure than men. That doesn’t necessarily mean that women are BETTER drivers than men. Men and women have accidents at a similar rate, but the men cause more damage. Men also statistically get more serious tickets like reckless driving and DUI. Teenage male drivers are most likely to cause an accident and are penalized with high car insurance rates.
  • Drive less and save money – Driving more miles every year the more you’ll pay to insure your vehicle. The majority of insurers price each vehicle’s coverage determined by how the vehicle is used. Autos not used for work or commuting qualify for better rates than vehicles that are driven to work every day. Ask your agent if your car insurance coverage shows the proper vehicle usage. Incorrect usage on your Stratus may be wasting your money.
  • Bad driving skills means higher rates – Whether or not you get tickets impacts your car insurance rates tremendously. Drivers with clean records have lower premiums than their less careful counterparts. Even a single speeding ticket may increase your cost forty percent or more. Drivers with dangerous tickets like hit and run, DWI or reckless driving convictions are required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent a license revocation.
  • Do you have a high stress job? – Did you know your job can affect your rates? Occupations such as doctors, executives and stock brokers have the highest rates attributed to high stress levels and long work hours. On the other hand, occupations like scientists, students and homemakers get better rates on Stratus coverage.
  • More than one policy can earn a discount – Some insurers give discounts to policyholders who carry more than one policy such as combining an auto and homeowners policy. Discounts can amount to five, ten or even twenty percent. Even though this discount sounds good, you still need to comparison shop to ensure the best deal. Drivers may still find better rates by buying insurance from more than one company.

Tailor your coverage to you

When buying adequate coverage for your vehicles, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions might point out whether you would benefit from an agent’s advice.

  • Why is insurance for a teen driver so high?
  • Why do I need rental car insurance?
  • How high should deductibles be on a 2006 Dodge Stratus?
  • How do I file an SR-22 for a DUI in my state?
  • Is business equipment covered while in my vehicle?
  • Am I covered when driving in Canada or Mexico?
  • Do I need more liability coverage?
  • When can my company non-renew my policy?
  • Are split liability limits better than a combined single limit?
  • Will my vehicle be repaired with OEM or aftermarket parts?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. To find an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area. It is quick, free and you can get the answers you need.

Coverages available on your policy

Knowing the specifics of your insurance policy aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Listed below are typical coverages found on the average insurance policy.

Coverage for medical payments

Med pay and PIP coverage reimburse you for short-term medical expenses for pain medications, prosthetic devices and nursing services. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Auto liability insurance

Liability coverage provides protection from injuries or damage you cause to a person or their property by causing an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims such as repair bills for other people’s vehicles, bail bonds, attorney fees, loss of income and legal defense fees. How much coverage you buy is a decision to put some thought into, but buy as high a limit as you can afford.

Coverage for collisions

This covers damage to your Stratus from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as sideswiping another vehicle, hitting a mailbox and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.

Comprehensive coverages

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like fire damage, damage from getting keyed, hail damage and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your 2006 Dodge Stratus.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Don’t be a big spender

When trying to cut insurance costs, never buy lower coverage limits just to save a few bucks. There are too many instances where someone dropped liability limits or collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your focus should be to buy the best coverage you can find at the best price.

You just read many ideas to compare 2006 Dodge Stratus insurance prices online. The key concept to understand is the more you quote, the more likely it is that you will get a better rate. Drivers may discover the biggest savings come from a small mutual company. They can often insure niche markets at a lower cost than the large multi-state companies such as State Farm and Allstate.

Helpful learning opportunities