Paying for high-priced Chrysler Prowler insurance can drain your bank account, especially in this economy. Comparison shopping is a smart way to help make ends meet. Because there are so many auto insurance companies to choose from, it can be impossible to find the best provider.
It’s a good habit to do rate comparisons yearly due to the fact that insurance rates are adjusted regularly by insurance companies. Just because you found the best price for Prowler coverage last year you can probably find a lower rate today. Forget all the misinformation about auto insurance because you’re about to find out how to use the internet to properly buy coverages while reducing your premium.
Choosing the best insurance company for you is easy if you know what you’re doing. If you have a policy now or are looking for a new policy, you can use these tips to find the best rates and possibly find even better coverage. Drivers just need to know the most efficient way to compare rates online.
Compare Auto Insurance Costs
Getting a cheaper price on Chrysler Prowler insurance is actually quite simple. All you need to do is invest a little time to compare rate quotes provided by online insurance companies. This can be accomplished in several different ways.
The first (and easiest) way to find the lowest comparison rates would be an industry-wide quote request form click to view form in new window. This form saves time by eliminating separate quotes for each company you want a rate for. A single, simple form gets rate comparisons from multiple companies.
A different way to compare prices consists of visiting each company’s website to request a price quote. For examples sake, let’s say you want comparison quotes from Allstate, GEICO and Progressive. You would have to go to every website and enter your information, which is why most consumers use the first method.
To view a list of companies in your area, click here.
The most time-consuming method to get comparison rates to local insurance agencies. The ability to buy insurance online makes this process obsolete unless you want the trained guidance that only a license agent can provide. It is possible to get the lowest quotes online and still use a local agent. We’ll cover that shortly.
It’s up to you how you get prices quotes, just make darn sure you compare identical quote information on every quote. If each company quotes differing limits you can’t possibly make a fair comparison for your Chrysler Prowler.
Drivers who switch save $402 a year? Really?
Consumers constantly see and hear ads for car insurance savings by companies like State Farm and Allstate. They all make the same claim that you’ll save big if you move to them.
How does each company make the same claim? It’s all in the numbers.
Insurance companies have a preferred profile for the type of customer that is profitable for them. An example of a driver they prefer might be between the ages of 40 and 55, is a homeowner, and drives less than 10,000 miles a year. A customer getting a price quote who meets those qualifications will get very good rates and most likely will cut their rates substantially.
Potential customers who fall outside the “perfect” profile must pay higher prices which usually ends up with business going elsewhere. Company advertisements say “people who switch” not “people who quote” save that much. This is how companies can claim big savings. This illustrates why you need to compare many company’s rates. Because you never know which insurance companies will fit your personal profile best.
These eight discounts can lower your rates
Companies that sell car insurance do not advertise all available discounts in an easy-to-find place, so we researched some of the best known and also the lesser-known auto insurance savings. If they aren’t giving you every credit possible, you are paying more than you should be.
- Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you may reduce your total bill.
- Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt can save 10% or more off your medical payments premium.
- More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy may reduce the rate for each vehicle.
- Federal Employees – Employees or retirees of the government can earn a discount up to 10% for Prowler coverage depending on your company.
- Theft Prevention System – Vehicles with anti-theft systems are stolen less frequently and earn discounts up to 10%.
- One Accident Forgiven – A handful of insurance companies allow you one accident without raising rates as long as you don’t have any claims for a certain period of time.
- Defensive Driving Course – Successfully completing a defensive driving course could possibly earn you a 5% discount if your company offers it.
- Driver’s Ed – Require your teen driver to take driver’s ed class if offered at their school.
It’s important to understand that some of the credits will not apply to the entire cost. A few only apply to specific coverage prices like comp or med pay. Just because it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous.
To see a list of companies offering auto insurance discounts, click this link.
Your insurance agent down the street
Some consumers just want to visit with an insurance agent. Educated insurance agents can help determine the best coverages and help in the event of a claim. One of the best bonuses of comparing rates online is you can get better rates and still choose a local agent.
To find an agent, once you fill out this quick form, the quote information is emailed to participating agents who will battle for your coverage. You won’t need to drive around because quoted prices will be sent directly to your email.
Selecting an insurance company should depend on more than just the premium amount. Here are some questions to ask:
- Does the company allow you to choose your own collision repair facility?
- Do they review policy coverages at every renewal?
- Is assistance available after office hours?
- Can they provide you with a list of referrals?
- Do they feel the quoted coverages are adequate?
- What are the financial ratings for the companies they represent?
- Do they make recommendations based only on price?
- Do they receive special compensation for putting your coverage with one company over another?
Two types of car insurance agents
When searching for an insurance agent, there are two different agency structures that differ in how they can insure your vehicles. Agents are either captive or independent. While both can insure your vehicles, but it’s worth mentioning how they differ because it can influence buying decisions.
Captive Insurance Agents
This type of agents have only one company to place business with and examples are AAA, State Farm, Farmers Insurance and Allstate. Captives cannot give you multiple price quotes so keep that in mind. Captive agencies receive extensive training on the products they sell which helps them sell insurance even at higher premiums.
Independent Agents
Independent agencies are not locked into one company so they have the ability to put coverage with any number of different companies depending on which coverage is best. If your agent finds better pricing, the business is moved internally and that require little work on your part. When shopping rates, it’s a good idea to get quotes from at least one independent agent for the best price selection.
To view a complete directory of insurance agencies, visit this site.
After receiving good answers to your questions and a low price estimate, most likely you have located a car insurance agent that can properly service your auto insurance policy. But keep in mind policyholders can terminate your policy at any point so don’t think you are locked into any particular company with no way to switch.
Auto insurance coverages 101
Having a good grasp of your auto insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Listed below are typical coverage types found on most auto insurance policies.
Auto collision coverage
This coverage covers damage to your Prowler caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for things like hitting a mailbox, sustaining damage from a pot hole, sideswiping another vehicle, damaging your car on a curb and crashing into a building. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage pay for bills such as hospital visits, dental work, X-ray expenses, nursing services and prosthetic devices. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states and may carry a deductible
Liability insurance
This protects you from injuries or damage you cause to people or other property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.
Liability coverage pays for claims such as legal defense fees, court costs, repair costs for stationary objects and loss of income. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
Comprehensive coverage (or Other than Collision)
This will pay to fix damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims like a tree branch falling on your vehicle, rock chips in glass and damage from getting keyed. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Uninsured Motorist or Underinsured Motorist insurance
This protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.
Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.
Smart consumers save more
You just learned quite a bit of information on how to get a better price on Chrysler Prowler insurance. The key concept to understand is the more rate comparisons you have, the better likelihood of reducing your rate. Consumers may even find the lowest premiums are with the smaller companies. Regional companies may have significantly lower rates on certain market segments than their larger competitors like Progressive or GEICO.
Low-cost Chrysler Prowler insurance is attainable from both online companies as well as from independent agents, so you should compare both to have the best selection. A few companies don’t offer you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.
