2013 Chrysler 300 Car Insurance Quotes

Trying to find the cheapest auto insurance rates for your Chrysler 300? Have you had enough of scraping the payment together each month for car insurance? You’re in the same situation as most other car owners. Having so many companies and agents to choose from, it can be impossible to find the cheapest insurance company.

Chrysler 300 rates are in the details

Smart consumers have a good feel for the different types of things that play a part in calculating the rates you pay for car insurance. Knowing what impacts premium levels allows you to make educated decisions that can help you get big savings.

Shown below are some of the factors companies use to determine your rates.

  • How credit affects car insurance rates – Your credit history is a huge factor in your rate calculation. If your credit is not that good, you could potentially save money when insuring your 2013 Chrysler 300 by repairing your credit. Drivers who have high credit ratings tend to be better drivers and file fewer claims than those with lower credit scores.
  • Liability coverage protects you – Liability insurance provides coverage if ever you are found to be at fault for damages from an accident. Liability insurance provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive compared to physical damage coverage, so drivers should carry high limits.
  • Where do you drive? – The more miles you rack up on your Chrysler in a year the more you’ll pay to insure your vehicle. Most companies price each vehicle’s coverage based on their usage. Autos left parked in the garage receive lower rates than those used for commuting. Make sure your car insurance policy is showing how each vehicle is driven, because improper ratings can cost you money. Incorrect usage on your 300 may be wasting your money.
  • Add-on coverages can add up – There are a lot of additional coverages you can purchase on your car insurance policy. Coverages like rental car reimbursement, better glass coverage and motor club memberships may be costing you every month. They may seem like a good idea when you first buy your policy, but if you don’t need them get rid of them and save.
  • Being married is a good thing – Having a wife or husband can get you a discount when buying car insurance. Having a significant other is viewed as being more responsible it has been statistically shown that drivers who are married are more cautious.
  • Theft deterrents lower rates – Owning a car that has an advanced theft prevention system can help lower your rates. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent car theft.
  • Choose a safe vehicle and save – Vehicles with high crash test scores get lower rates. The safest vehicles protect occupants better and better occupant protection means lower claim amounts and more competitive rates for policyholders. If your Chrysler scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.

Don’t pay full price with these discounts

Insurance can be prohibitively expensive, but discounts can save money and there are some available that you may not even be aware of. Some trigger automatically at the time of purchase, but less common discounts must be inquired about before you will receive the discount. If you’re not getting every credit you deserve, you’re paying more than you need to.

  • Safe Drivers – Insureds without accidents may save up to 50% more for 300 insurance than drivers with accidents.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and will save you 10% or more.
  • Low Mileage Discounts – Keeping the miles down on your Chrysler could qualify for lower rates on the low mileage vehicles.
  • Life Insurance – Companies who offer life insurance give a break if you buy auto and life insurance together.
  • Sign Early and Save – A few companies offer discounts for buying a policy before your current policy expires. It can save you around 10%.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of 20% or more.
  • Defensive Driver – Taking a defensive driving course could save 5% or more depending on where you live.
  • Multi-policy Discount – When you have multiple policies with the same insurance company you will save at least 10% off all policies.
  • Paperwork-free – Certain companies give back up to $50 simply for signing over the internet.

A little note about advertised discounts, some credits don’t apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as liability and collision coverage. So even though they make it sound like having all the discounts means you get insurance for free, car insurance companies aren’t that generous. But any discount will help reduce your overall premium however.

For a list of insurance companies offering car insurance discounts, follow this link.

Ads can be misleading

Consumers can’t ignore all the ads that promise big savings by companies like Geico, State Farm and Progressive. All the ads make the same claim of big savings after switching to them.

How does each company make almost identical claims? This is how they do it.

Insurance companies are able to cherry pick for the right customer they prefer to insure. A good example of a driver they prefer could be over the age of 40, has no prior claims, and has excellent credit. Any new insured who matches those parameters is entitled to the best price and as a result will probably pay quite a bit less when switching companies.

Drivers who do not match these standards will be charged a higher premium and ends up with the customer not buying. The ads state “customers who switch” but not “drivers who get quotes” save money. That’s the way companies can truthfully advertise the way they do.

That is why drivers must compare many company’s rates. You cannot predict which company will have the lowest Chrysler 300 insurance rates.

Your personal situation dictates your coverage

When buying proper insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions might help in determining if your insurance needs might need an agent’s assistance.

  • Am I covered if I hit a deer?
  • Does my liability insurance cover pulling a trailer or camper?
  • Which is better, split liability limits or combined limits?
  • Do I have coverage if my license is suspended?
  • Should I buy full coverage?
  • Do I have any recourse if my insurance company denies a claim?
  • What are the best liability limits?
  • Are my friends covered when driving my 2013 Chrysler 300?
  • What is the minimum liability in my state?

If you don’t know the answers to these questions but one or more may apply to you 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’s fast, doesn’t cost anything and may give you better protection.

Car insurance specifics

Understanding the coverages of your car insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages available from car insurance companies.

Coverage for collisions

Collision coverage covers damage to your 300 resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as crashing into a building, hitting a mailbox, scraping a guard rail, damaging your car on a curb and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Chrysler 300.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Most of the time these coverages are set the same as your liablity limits.

Liability coverage

Liability insurance protects you from damages or injuries you inflict on a person or their property. It protects you against other people’s claims. Liability doesn’t cover 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. Your policy might show limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as medical expenses, attorney fees, repair costs for stationary objects and pain and suffering. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Comprehensive coverage (or Other than Collision)

This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as falling objects, damage from flooding, fire damage and a broken windshield. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance kick in for immediate expenses like surgery, X-ray expenses, doctor visits and dental work. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

Spend less. Save more.

We’ve covered many ways to reduce 2013 Chrysler 300 insurance prices online. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your rates. Drivers may discover the best prices are with a small mutual company. Regional companies can often insure niche markets at a lower cost than their larger competitors like Progressive or Geico.

As you shop your coverage around, it’s a bad idea to buy lower coverage limits just to save a few bucks. There have been many situations where an insured dropped physical damage coverage only to regret that their decision to reduce coverage ended up costing them more. The aim is to purchase a proper amount of coverage at a price you can afford while still protecting your assets.

More resources