Save on 2007 Dodge Magnum Insurance Quotes

Are you at wits end from being strong-armed to buy car insurance? You are in the same boat as the majority of other vehicle owners. Online insurance companies like State Farm, Farmers Insurance, GEICO and Allstate constantly bombard you with ads and it is difficult to ignore the flashy ads and effectively compare rates to find the best deal.

It’s important to price shop coverage once or twice a year because insurance prices change quite often. Just because you found the best rate on Magnum coverage last year you can probably find a better premium rate now. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate how to use the internet to save money, get proper deductibles and limits, all at the lowest rate.

Find discounts to get cheap auto insurance quotes

Auto insurance is not an enjoyable expense, but there may be some discounts that may help make it more affordable. Certain credits will be shown when you complete an application, but a few need to be manually applied before they will apply.

  • Good Drivers – Accident-free drivers can save up to 40% or more on their auto insurance quote on Magnum coverage compared to rates paid by drivers with frequent claims.
  • Discount for Multiple Policies – If you can bundle your homeowners and auto insurance with one company you will save approximately 10% to 15%.
  • Homeowners Pay Less – Simply owning a home can help you save on auto insurance because maintaining a house is proof that your finances are in order.
  • Discounts for New Vehicles – Putting insurance coverage on a new car can get you a discount because newer models keep occupants safer.
  • Student Driver Training – Require your teen driver to successfully complete driver’s ed class as it will make them better drivers and lower rates.
  • Defensive Driving Course – Completing a course teaching defensive driving skills could cut 5% off your bill if your company offers it.

While discounts sound great, it’s important to understand that many deductions do not apply the the whole policy. Some only reduce individual premiums such as liability and collision coverage. If you do the math and it seems like having all the discounts means you get insurance for free, companies don’t profit that way.

A few of the larger companies and some of their more popular discounts are detailed below.

  • State Farm offers discounts for Steer Clear safe driver discount, multiple policy, passive restraint, anti-theft, and good driver.
  • Esurance may include discounts for online shopper, Switch & Save, safety device, homeowner, and Pac-12 alumni.
  • Progressive includes discounts for good student, homeowner, continuous coverage, online signing, multi-policy, and multi-vehicle.
  • Liberty Mutual has discounts for safety features, new move discount, newly retired, multi-car, and newly married.
  • Auto-Owners Insurance discounts include air bags, paperless, group or association, anti-lock brakes, teen driver, and safe driver.
  • GEICO may offer discounts for air bags, membership and employees, multi-policy, multi-vehicle, daytime running lights, defensive driver, and good student.

If you need lower rates, check with all companies you are considering which credits you are entitled to. Savings may not apply in your state. To locate companies who offer auto insurance discounts, click here to view.

What affects Dodge Magnum insurance prices?

Many different elements are part of the equation when you quote your car insurance policy. Some factors are common sense like an MVR report, but some are more transparent like where you live and annual miles driven.When buying auto insurance it’s important to understand the rating factors that play a part in calculating your premiums. When you understand what determines premiums, this allows you to make educated decisions that may reward you with lower auto insurance prices.

Shown below are most of the major factors used by your company to calculate premiums.

  • Premiums may be higher where you live – Residing in less populated areas has it’s advantages when shopping for auto insurance. Fewer people means fewer accidents in addition to fewer liability claims. People in densly populated areas have much more traffic and higher rates of accident claims. More time commuting can result in more accidents.
  • Avoid tickets and save – Getting just one driving citation can increase the cost of insurance by twenty percent. Attentive drivers get better prices compared to drivers with tickets. People who have license-revoking tickets like hit and run, DWI or reckless driving convictions may find they need to file a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
  • How many miles do you drive? – The more you drive annually the higher the price you pay to insure it. A lot of insurance companies calculate rates based on their usage. Vehicles that sit idle most of the time receive lower rates than cars that get driven a lot. Verify your auto insurance policy properly reflects the right rating data. Having an incorrect usage rating on your Magnum may be wasting your money.
  • Buy as much liability insurance as you can afford – Liability insurance is the protection when you are found to be at fault for physical damage or personal injury to other. It will provide for a legal defense which can cost a lot. Liability insurance is pretty cheap compared to comp and collision, so drivers should make sure they buy enough to cover all assets.
  • Deter theft and pay less – Choosing to buy a car that has an advanced theft prevention system can help bring down rates. Theft deterrent systems such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help prevent auto theft and help lower rates.

Tailor your car insurance coverage to you

When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions can aid in determining whether your personal situation might need an agent’s assistance.

  • Is there coverage for injuries to my pets?
  • Where can I find DUI or SR-22 insurance?
  • What is the difference between comprehensive and collision coverage?
  • Can I drive in Mexico and have coverage?
  • Are there companies who specialize in insuring high-risk drivers?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • When do I need to add a new car to my policy?
  • Is my business laptop covered if it gets stolen from my vehicle?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It’s fast, free and may give you better protection.

Auto insurance coverage information

Learning about specific coverages of insurance can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on the average insurance policy.

Medical expense insurance – Med pay and PIP coverage provide coverage for short-term medical expenses for things like chiropractic care, nursing services, ambulance fees, pain medications and doctor visits. They are used in conjunction with a health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and may carry a deductible

Comprehensive (Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as vandalism, damage from a tornado or hurricane and falling objects. 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.

Auto liability insurance – Liability coverage protects you from injuries or damage you cause to a person or their property by causing an accident. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like structural damage, loss of income and court costs. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Collision – Collision insurance will pay to fix damage to your Magnum caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like crashing into a ditch, sideswiping another vehicle, backing into a parked car and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Dodge Magnum.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Summing up your car insurance search

More affordable car insurance can be bought both online as well as from insurance agents, and you should be comparing both to have the best chance of lowering rates. Some companies may not offer the ability to get quotes online and these small, regional companies sell through local independent agencies.

We just presented a lot of tips how to reduce 2007 Dodge Magnum insurance premium rates online. The key thing to remember is the more companies you get prices for, the better likelihood of getting the cheapest auto insurance. Consumers could even find that the lowest priced car insurance comes from the smaller companies. These companies may cover specific market segments cheaper as compared to the big name companies such as Allstate and Progressive.

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