Paying for high-priced Dodge Charger insurance can take a big chunk out of your personal savings and put a big crunch on your finances. Comparison shopping is free and is an excellent way to reduce premiums and put more money in your pocket. Popular companies such as Allstate and Progressive increase brand awareness with fancy advertisements and it is difficult to not get sucked in by the cute commercials and take the time to shop coverage around.
You should make it a habit to compare rates every six months because rates are usually higher with each renewal. If you had the lowest rates on Charger insurance a couple years back you can probably find a better price now. Block out anything you think you know about insurance coverage because we’re going to demonstrate the fastest way to get good coverage at a lower rate.
Insuring your fleet can be pricey, but there are discounts available to reduce the price significantly. Some trigger automatically when you get a quote, but a few need to be manually applied before they will apply. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.
Consumers should know that many deductions do not apply to your bottom line cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, it just doesn’t work that way. But any discount will help reduce your premiums.
For a list of companies with the best insurance discounts, click here to view.
Performing a rate comparison is a ton of work if you don’t understand the most efficient way. You could waste time driving to insurance companies in your area, or you can utilize online quoting for quick rates.
Many insurance companies are enrolled in a marketplace that allows shoppers to enter their coverage request one time, and at least one company then gives them pricing based on the submitted data. This eliminates the need for repetitive form submissions for each company. To find out how much you can save on insurance click to open in new window.
The one downside to using this type of form is you cannot specify the companies you will receive quotes from. If you wish to select individual companies to request quotes from, we have a listing of companies who write insurance in your area. Click here to view list.
It’s your choice how you get your quotes, but make absolute certain that you use apples-to-apples quote information with each company. If you enter different limits and deductibles on each one it will be impossible to determine the best price for your Dodge Charger.
When it comes to buying the right insurance coverage, there really is no one size fits all plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine whether or not you will benefit from professional help.
If it’s difficult to answer those questions then you might want to talk to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.
Understanding the coverages of a car insurance policy can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages offered by car insurance companies.
Auto liability insurance – Liability insurance protects you from damages or injuries you inflict on a person or their property that is your fault. It protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.
Liability coverage protects against things such as attorney fees, emergency aid, medical expenses, repair costs for stationary objects and structural damage. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.
Collision – Collision coverage covers damage to your Charger from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage pays for claims like backing into a parked car, sustaining damage from a pot hole, damaging your car on a curb, scraping a guard rail and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.
Comprehensive auto coverage – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things like fire damage, damage from flooding, a tree branch falling on your vehicle and hitting a deer. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Dodge Charger.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Normally the UM/UIM limits are similar to your liability insurance amounts.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for ambulance fees, X-ray expenses, prosthetic devices and chiropractic care. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
When buying insurance coverage, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where someone dropped full coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. The aim is to buy the best coverage you can find at the best price, not the least amount of coverage.
The cheapest 2007 Dodge Charger insurance can be bought on the web and with local insurance agents, and you need to price shop both to get a complete price analysis. Some insurance companies do not offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.
Additional auto insurance information can be found at the links below