2014 Dodge Challenger Insurance Rates

Did you fall for a flashy sales pitch and buy an underperforming, overpriced insurance policy? Believe me when I say many consumers feel financially strained by their insurance policy. Lots of insurance companies contend to insure your vehicles, and because of this it can be hard to compare insurers to get the best rates possible.

It’s a good idea to shop coverage around before your policy renews due to the fact that insurance rates are rarely the same from one policy term to another. Despite the fact that you may have had the best deal for Challenger coverage six months ago you will most likely find a better rate today. So just ignore everything you know about insurance because you’re going to learn the right way to reduce your cost while increasing coverage.

If you have a policy now or are just looking to switch companies, you can follow these tips to shop for the lowest rates and possibly find even better coverage. Buying car insurance is quite easy. Drivers just need to learn how to get comparison quotes on the web.

Complexity of Dodge Challenger insurance rates

It’s important that you understand the different types of things that play a part in calculating car insurance rates. Understanding what impacts premium levels empowers consumers to make smart changes that may reward you with much lower annual insurance costs.

Shown below are a partial list of the pieces used by your company to calculate rates.

  • Traffic violations increase rates – Just one moving violation can increase rates forty percent or more. Good drivers receive lower rates than their less careful counterparts. Drivers who have dangerous citations like DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) with their state DMV in order to prevent a license revocation.
  • Multiple policies with one company can save – The majority of insurers provide better rates to people who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be five, ten or even twenty percent. Even though this discount sounds good, it’s in your best interest to compare rates to make sure you are getting the best deal.
  • Special features that cut premiums – Owning a car with an alarm system can help bring down rates. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent auto theft.
  • Pleasure use saves money – The more you drive in a year the more you will pay for car insurance. Almost all companies apply a rate based on their usage. Cars that are left in the garage can get a lower rate than vehicles that are driven to work every day. If your policy improperly rates your Challenger may be wasting your money. Verify your car insurance policy is showing the correct driver usage, because it can save money.
  • Men are more aggressive – Statistics have proven that women are safer drivers than men. That doesn’t necessarily mean that men are WORSE drivers than women. Women and men tend to get into accidents at a similar rate, but the males cause more damage. They also have more aggressive citations like DUI and reckless driving. Teenage male drivers are most likely to cause an accident and therefore have the most expensive car insurance rates.
  • Rates may be higher depending on your occupation – Occupations such as lawyers, architects and financial analysts tend to pay higher average rates in part from high stress and long work hours. Conversely, occupations like actors, engineers and retirees have the lowest average rates for Challenger coverage.
  • High credit ratings translate to low rates – A driver’s credit score is a huge factor in calculating your car insurance rates. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have lower credit scores. If your credit score is low, you could save money insuring your 2014 Dodge Challenger by improving your credit score.
  • Liability coverage is cheap – The liability section of your policy will protect you if ever a jury decides you are liable for damages from an accident. Liability provides you with a defense in court starting from day one. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not skimp.

Automobile Insurance Quotes

There are a lot of ways to compare insurance coverage quotes, but some are easier and takes less work. You could waste a few hours talking about coverages with local insurance agents in your area, or you could save time and use the internet to accomplish the same thing much quicker.

Most of the larger companies participate in an industry program that enables customers to enter their policy data once, and each participating company then gives them pricing based on that data. This prevents consumers from doing repetitive form submissions to each individual insurance coverage company.

To participate in this free quote system, click here to open in new window.

The one disadvantage to doing it this way is you can’t choose the providers to get quotes from. So if you want to select individual companies to compare prices, we have assembled a list of companies who write insurance coverage in your area. Click to view list.

Which method you use is up to you, but double check that you are using the exact same coverages on every quote. If you use different deductibles it will be very difficult to determine which rate is truly the best.

You probably qualify for some discounts

Companies that sell car insurance do not advertise all their discounts in an easy-to-find place, so we took the time to find some of the best known and the harder-to-find savings tricks you should be using. If they aren’t giving you every credit you qualify for, you are throwing money away.

  • Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.
  • Multiple Vehicles – Buying coverage for multiple vehicles with the same company may reduce the rate for each vehicle.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Discount for Swiching Early – Some insurance companies reward drivers for switching policies before your current policy expires. The savings is around 10%.
  • Accident Forgiveness – A few companies will allow you to have one accident without raising rates if you are claim-free for a particular time prior to the accident.
  • Seat Belt Usage – Drivers who require all occupants to use a seat belt can save up to 15% off your PIP or medical payments premium.
  • Drivers Ed for Students – Have your child take driver’s ed class if it’s offered in school.
  • Low Mileage Discounts – Driving fewer miles can qualify you for discounted rates on garaged vehicles.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. A few only apply to specific coverage prices like medical payments or collision. So when the math indicates it’s possible to get free car insurance, it just doesn’t work that way.

For a list of insurers with the best car insurance discounts, click here to view.

There’s no such thing as the perfect policy

When buying coverage for your vehicles, there is no “perfect” insurance plan. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions might point out whether you might need an agent’s assistance.

  • Do I need PIP (personal injury protection) coverage in my state?
  • Are there companies who specialize in insuring high-risk drivers?
  • What is no-fault insurance?
  • How can I force my company to pay a claim?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I need more liability coverage?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Do I have coverage when making deliveries for my home business?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It is quick, free and can provide invaluable advice.

Specific coverage details

Having a good grasp of your insurance policy can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverage types found on most insurance policies.

Collision coverage – Collision insurance will pay to fix damage to your Challenger resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like crashing into a ditch, backing into a parked car, hitting a parking meter, rolling your car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for expenses for chiropractic care, pain medications, EMT expenses and X-ray expenses. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like rock chips in glass, damage from getting keyed and theft. The most a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability insurance – This coverage will cover damages or injuries you inflict on other’s property or people that is your fault. This coverage protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for things such as repair bills for other people’s vehicles, funeral expenses, emergency aid and pain and suffering. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Uninsured and underinsured coverage – This coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Don’t throw your cash in the trash

As you shop your coverage around, never buy lower coverage limits just to save a few bucks. Too many times, an insured dropped uninsured motorist or liability limits only to discover later they didn’t purchase enough coverage. The ultimate goal is to find the BEST coverage for the lowest price while still protecting your assets.

Lower-priced 2014 Dodge Challenger insurance is available on the web as well as from independent agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance companies don’t offer the ability to get a quote online and these small, regional companies work with independent agents.

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