2001 Dodge Neon Insurance Cost – 6 Ideas for Best Prices

Being forced to pay for overpriced car insurance premiums can overdraw your family’s budget and make it hard to pay other bills. Doing a rate analysis can save money and help to lower your bills every month.

Insurance companies such as Allstate and Progressive continually bombard you with ads and it is challenging if not impossible to see through the cute green geckos and mayhem and find the best price available.

It’s smart to check car insurance prices on a regular basis because prices trend upward over time. Even if you got the lowest quotes on Neon insurance six months ago there is a good chance you can find better rates now. There is a lot of wrong information about car insurance online, but we’re going to give you some great ideas on how to lower your car insurance rates.

Insurance companies offer lots of discounts

Insurance can be pricey, but there may be some discounts to reduce the price significantly. Some discounts will apply when you quote, but some may not be applied and must be inquired about before being credited.

  • Telematics Data Discounts – People who choose to allow their insurance company to monitor their driving habits by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if they show good driving skills.
  • Organization Discounts – Participating in specific professional or occupational memberships or organizations could trigger savings on your bill.
  • Discounts for Cautious Drivers – Insureds who avoid accidents can pay as much as 50% less on Neon insurance than less cautious drivers.
  • Senior Citizens – Drivers that qualify as senior citizens could receive a slight reduction on a insurance quote on Neon insurance.
  • Military Discounts – Having an actively deployed family member could trigger a small discount.
  • Driver Training Discounts – Taking part in a course in safe driver could possibly earn you a 5% discount depending on where you live.

Discounts reduce rates, but you should keep in mind that most discount credits are not given the the whole policy. Most only apply to specific coverage prices like liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, you won’t be that lucky.

Auto insurance companies that may have many of the previously listed discounts possibly include:

Double check with all the companies how you can save money. All car insurance discounts might not be offered everywhere. To see a list of companies offering insurance discounts, follow this link.

How to buy insurance online

All major insurance companies like GEICO, State Farm and Progressive allow you to get insurance quotes direct online. Doing online quotes is pretty easy as you simply type in your personal and coverage information into the quote form. After the form is submitted, their rating system makes automated requests for information on your driving record and credit history and returns a price. Online quotes simplifies rate comparisons, but the work required to visit a lot of sites and fill out multiple forms is repetitive and time-consuming. But it’s necessary to perform this step if you want to find a lower rate.

The easiest way to locate the lowest prices uses one simple form that analyzes rates from several different companies. This type of form saves time, eliminates form submissions, and makes price shopping online a lot less work. Immediately after you send the form, it gets priced and you are able to buy any one of the quotes that you receive. If you find a better price you simply finish the application and purchase coverage. The whole process takes 15 minutes at the most and could lower your rates considerably.

If you want to compare rates using this form now, click here and input your coverage information. If you currently have coverage, we recommend you complete the form with the coverages just like they are on your policy. This guarantees you will have an apples-to-apples comparison using the exact same coverages.

Do I just need basic coverages?

When buying the best car insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions may help you determine whether or not you may require specific advice.

  • Is my business laptop covered if it gets stolen from my vehicle?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I need roadside assistance coverage?
  • Am I covered when pulling a rental trailer?
  • Can I afford low physical damage deductibles?
  • Am I getting all the discounts available?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Insurance coverage in the media

Drivers constantly see and hear ads that claim the lowest premium rates from the likes of GEICO, State Farm and Progressive. They all seem to make an identical promise that drivers will save a bundle after switching to them.

How does each company claim to save you money? This is the way they can do it.

All companies offer their best rates for the type of customer that earns them the highest profit. For example, this type of insured may be between the ages of 30 and 45, has never had a claim, and has excellent credit. Anyone who fits that profile will qualify for the lowest premium rates and will also save a lot of money.

Consumers who are not a match for the ideal profile will have to pay a higher premium and this can result in business going elsewhere. The ad wording is “drivers who switch” not “everybody who quotes” save money. That’s the way companies can advertise the way they do. Because of the profiling, it is so important to quote coverage with many companies. It is impossible to guess which insurance companies will fit you best based on your risk profile.

Auto insurance coverage information

Having a good grasp of your policy helps when choosing appropriate coverage and proper limits and deductibles. Car insurance terms can be confusing and even agents have difficulty translating policy wording. These are the usual coverages found on the average car insurance policy.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage kick in for immediate expenses like rehabilitation expenses, surgery, prosthetic devices, nursing services and funeral costs. They can be used in conjunction with a health insurance policy or if you do not have health coverage. It covers both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Auto liability

Liability coverage will cover damages or injuries you inflict on a person or their property that is your fault. It protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for claims such as repair bills for other people’s vehicles, funeral expenses, repair costs for stationary objects, pain and suffering and bail bonds. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive insurance

Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like a tree branch falling on your vehicle, hail damage and falling objects. The most your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision insurance

This pays for damage to your Neon resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as rolling your car, sideswiping another vehicle, scraping a guard rail, crashing into a building and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.

Save for a rainy day

When searching for low cost insurance quotes, do not reduce coverage to reduce premium. In too many instances, an insured dropped comprehensive coverage or liability limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy enough coverage at the best cost, not the least amount of coverage.

Cheap 2001 Dodge Neon insurance is definitely available both online and from local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies may not provide rates over the internet and most of the time these small insurance companies prefer to sell through independent agents.

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