Having to pay for overpriced Dodge Charger insurance can empty your personal savings and make it impossible to make ends meet. Comparison shopping is a smart way to slash your bill and have more diposable income. Online insurance companies like Allstate and Progressive promote their brand names with TV and radio ads and it can be hard to ignore the propoganda and do the work needed to find the best deal.
You should make it a habit to get comparison quotes at least once a year because rates go up and down regularly. If you had the best deal for Charger insurance on your last policy you can probably find a better price now. You’ll find quite a bit of inaccurate information about car insurance on the web, but by reading this article, you’re going to learn some great ideas on how to put money back in your pocket.
Vehicle Insurance Comparison
Reducing your Dodge Charger insurance rates isn’t really that difficult. All that’s required is to spend a little time getting comparison quotes from different insurance companies. This can be accomplished in a couple of different ways.
- The fastest way consumers can analyze rates is a comparison rater form click to view form in new window. This easy form saves time by eliminating a different quote to each individual car insurance company. Filling out one form will return price quotes .
- A different way to get comparison quotes requires a trip to the website for each individual company to complete a price quote. For sake of this example, we’ll assume you want rates from GEICO, Liberty Mutual and Progressive. To find out each rate you need to spend time on each company’s site to input your insurance information, and that’s why the first method is more popular.
For a handy list of car insurance company links in your area, click here.
- The hardest way to compare rates is driving around to local insurance agencies. The internet eliminates the need for an insurance agent unless you prefer the professional advice only provided by licensed agents. Drivers can compare the best prices online and get advice from an agent in your area.
It’s up to you how you get prices quotes, just double check that you are using identical quote information on every quote. If you use higher or lower deductibles it will be next to impossible to make a fair comparison for your Dodge Charger.
Is there truth in advertising?
Consumers can’t ignore all the ads for cheaper car insurance by Progressive, Allstate and GEICO. They all seem to have a common claim that you’ll save big after switching to their company.
How does each company make almost identical claims? It’s all in the numbers.
Insurance companies have a preferred profile for the driver they prefer to insure. For example, a driver they prefer could possibly be between the ages of 30 and 50, is a homeowner, and has excellent credit. A customer getting a price quote that hits that “sweet spot” receives the best rates and as a result will probably save a lot of money.
Drivers who don’t qualify for the requirements will be quoted a more expensive rate and this can result in business not being written. The ads say “people who switch” not “everyone that quotes” save that kind of money. That’s the way companies can advertise the way they do. This emphasizes why you absolutely need to get as many comparisons as possible. It is impossible to predict the company that will fit your personal profile best.
Dodge Charger insurance rates can be determined by these details
It’s important that you understand the factors that go into determining car insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that will entitle you to big savings.
- Your car insurance rates can be influenced by your job – Did you know your car insurance rates can be affected by your occupation? Jobs such as doctors, business owners and financial analysts are shown to have higher average rates attributed to high stress levels and long work hours. Conversely, jobs such as actors, engineers and homemakers pay the least for Charger insurance.
- Being married is a good thing – Getting married helps lower the price on your policy. It means you’re more mature than a single person and statistics show married couples file fewer claims.
- Cautious drivers pay less – Your driving citation history impacts your car insurance rates tremendously. Drivers who don’t get tickets receive lower rates than people who have multiple driving citations. Just one moving violation can bump up the cost by twenty percent. Drivers who have severe citations like DUI or reckless driving may need to file a SR-22 with their state motor vehicle department in order to drive a vehicle legally.
- Credit scores impact car insurance rates – Your credit history is a big factor in determining your rates. Therefore, if your credit rating is not that good, you could be paying less to insure your Dodge Charger by spending a little time repairing your credit. Drivers who have good credit tend to be better drivers and file fewer claims than those with lower credit scores.
- Safer occupants lowers premiums – Safer cars tend to have better insurance rates. Safer cars have better occupant injury protection and lower injury rates means less money paid by your insurance company and more competitive rates for policyholders. If the Dodge Charger is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
- Optional equipment can affect rates – Driving a car with an alarm system can get you a discount on your car insurance. Anti-theft devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder car theft.
- More than one policy can earn a discount – The majority of insurance companies provide better rates to insureds who carry more than one policy. It’s known as a multi-policy discount. Discounts can amount to 10 percent or more. Even with this discount, it’s still a good idea to compare other company rates to ensure the best deal. Consumers may find better rates by splitting coverages up.
Don’t miss out on these money-saving discounts
Companies that sell car insurance do not advertise all available discounts very clearly, so the following is a list of both well-publicized as well as the least known ways to save on car insurance. If you’re not getting every credit you deserve, you are paying more than you should be.
- Good Students Pay Less – A discount for being a good student can save 20 to 25%. The discount lasts up to age 25.
- Anti-theft System – Cars that have factory anti-theft systems help deter theft and will save you 10% or more.
- Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and will save you 10% or more.
- Distant Student – Kids in college who are attending college and do not have a car may qualify for this discount.
- Organization Discounts – Belonging to certain professional organizations could qualify you for a break on your policy for Charger insurance.
- Sign Online – A handful of insurance companies may give you up to $50 just for signing your application online.
Consumers should know that many deductions do not apply to the overall cost of the policy. Most only cut specific coverage prices like physical damage coverage or medical payments. Just because it seems like having all the discounts means you get insurance for free, companies don’t profit that way.
To see a list of insurers who offer car insurance discounts, click here to view.
How to know if you need help
When it comes to choosing coverage for your vehicles, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs and your policy should reflect that. These are some specific questions may help you determine whether or not you will benefit from professional help.
- What discounts do I qualify for?
- How much underlying liability do I need for an umbrella policy?
- How do I file an SR-22 for a DUI in my state?
- Do I need motorclub coverage?
- Who is covered when they drive my Dodge Charger?
- Should I put collision coverage on all my vehicles?
- Is business property covered if stolen from my car?
If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.
Do I need a local agent?
Certain consumers would prefer to talk to a local agent and that is a personal choice. Agents can answer important questions and give you someone to call. One of the best bonuses of getting online price quotes is the fact that you can find better rates but still work with a licensed agent.
For easy comparison, once you complete this quick form, your coverage information is emailed to agents in your area who will compete to get your business. You never need to even leave your home due to the fact that quote results will go straight to your inbox. It doesn’t get any easier!
Choosing an insurer should depend on more than just a low price. Ask your prospective agent these questions:
- Which insurance companies are they affiliated with?
- Does the agency have a good rating with the Better Business Bureau?
- How are claims handled?
- Can they provide you with a list of referrals?
- What insurance companies do they recommend if they are an independent agent?
- Do they regularly work with personal auto policies?
- Are they able to influence company decisions when a claim is filed?
- Do they carry Errors and Omissions coverage?
Insurance agent types
When researching an insurance agent, you need to know there are two types of agencies to choose from. Agencies are classified as either captive or independent. While both can properly insure your vehicles, but it’s worth mentioning how they differ since it may influence your agent selection.
Agency Captives
Captive agencies write business for a single company like Allstate, State Farm and Farmers Insurance. Captives cannot provide prices from multiple companies so they have no alternatives for high prices. Captive agents are usually quite knowledgeable in insurance sales which helps them compete with independent agents.
Independent Agents
Independent agencies are not locked into one company so they have the ability to put coverage with many different companies and potentially find a lower price. To move your coverage to a new company, your agent can switch companies and you don’t have to find a new agent. When shopping rates, we recommend you include several independent insurance agents for maximum quote selection.
For a complete listing of insurance agents, visit this site.
Upon getting acceptable answers for all questions you ask and a low price estimate, you may have just found an insurance agency that will adequately provide car insurance.
Cheaper insurance is a realistic goal
We’ve covered quite a bit of information on how to lower your Dodge Charger insurance rates. It’s most important to understand that the more companies you get rates for, the higher your chance of finding lower rates. You may even find the best price on car insurance is with an unexpected company. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm, GEICO and Nationwide.
Lower-priced Dodge Charger insurance is available online and with local insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some car insurance companies do not offer online price quotes and most of the time these smaller companies sell through independent agents.
