Lower Your 2008 Dodge Magnum Insurance Rates

When searching for lower-priced insurance, are you frustrated by the dozens of car insurance choices available to you? You have such a vast assortment of choices available that it can really be a burden to find the best premium rates.

You should take the time to get comparison quotes as often as possible because car insurance prices change regularly. Just because you found the lowest price on Magnum insurance a year ago there is a good chance you can find better rate quotes now. Forget all the misinformation about car insurance because you’re going to learn the fastest way to save money, get proper coverage and the best rates.

How to get the cheapest insurance

To find the best insurance rates, there are several ways of comparing rates from companies that offer insurance in your state. The recommended way to find the cheapest 2008 Dodge Magnum insurance rates involves getting comparison quotes online. This can be accomplished in a couple minutes as outlined below.

  1. The first (and easiest) way consumers can analyze rates is a comparison rater form click here to open form in new window. This form eliminates the need for a different quote for each company. In just a few minutes this one form gets you price quotes from all major companies. It’s definitely the quickest method.
  2. Another way to obtain and compare quotes online requires you to visit each individual company website and get a separate price quote. For example, let’s assume you want to view quotes from USAA, Farmers and Allstate. In order to get each rate, you would have to spend time on each company’s site to input your insurance information, which is why first method is reommended. To view a list of companies in your area, click here.
  3. The least efficient and most time consuming way to compare price quotes is calling or driving to insurance agents’ offices. The ability to quote online has reduced the need for local agents unless you’re the type of person who wants the guidance of an agent trained in personal lines coverage. It is possible to price shop your coverage online and get advice from an agent in your area.

It doesn’t matter which method you choose, just compare exactly the same deductibles and coverage limits on every quote you get. If you have different coverage information it will be next to impossible to determine which rate is truly the best. Having just a slight variation in coverage limits can mean a large discrepancy in price. And when comparison shopping, comparing more rates from different companies will increase your chances of finding a better price.

Lower rate quotes by taking advantage of discounts

Car insurance companies do not list all available discounts in an easy-to-find place, so the following list contains both well-publicized as well as the least known savings tricks you should be using when you buy insurance online.

  • Anti-theft Discount – Cars and trucks equipped with anti-theft or alarm systems are less likely to be stolen and will save you 10% or more.
  • Homeowners Pay Less – Simply owning a home may trigger a policy discount on insurance because maintaining a house requires personal responsibility.
  • No Claim Discounts – Drivers who stay claim-free can save substantially in comparison with drivers with a long claim history.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Save with More Vehicles Insured – Purchasing coverage when you have all your vehicles on one policy can get a discount on all vehicles.
  • Passive Restraints – Factory options such as air bags or automatic seat belts can qualify for discounts of up to 25% or more.
  • Distant College Student Discount – Children living away from home attending college and do not have a car can receive lower rates.
  • Accident Waiver – but a handful of insurance companies will forgive one accident without getting socked with a rate hike if your claims history is clear for a particular time prior to the accident.
  • New Vehicle Savings – Buying coverage on a new vehicle can save you some money because newer models are generally safer.
  • Government Employees – Active or retired federal employment could qualify for a slight premium decrease on Magnum insurance with a few insurance companies.

Remember that most credits do not apply to the entire policy premium. Some only apply to specific coverage prices like comp or med pay. Just because you may think you can get free auto insurance, it just doesn’t work that way.

Some of the insurance companies who may offer most of the discounts above may include but are not limited to:

If you are trying to find cheaper insurance quotes, ask every company which discounts you qualify for. Some discounts listed above might not apply in your area.

Insurance costs are influenced by these factors

Smart consumers have a good feel for the different types of things that go into determining the level of your policy premiums. If you know what controls the rates you pay, this enables informed choices that could result in better insurance rates.

  • Pay less after the wedding – Getting married may save some money when shopping for insurance. It translates into being more mature and responsible it has been statistically shown that married drivers tend to file fewer claims.
  • Your occupation may affect insurance rates – Occupations like real estate brokers, executives and emergency personnel usually pay the highest rates attributed to stressful work requirements and long work days. Other occupations like farmers, students and the unemployed get better rates on Magnum insurance.
  • Is car insurance cheaper for males or females? – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. The data does not necessarily mean that females are better drivers. Both sexes cause at-fault accidents in similar numbers, but guys cause more damage and cost insurance companies more money. Men also statistically get cited for more serious violations like reckless driving and DUI. Male drivers age 16 to 19 are several times more likely to be in an accident so it costs more to insure them.
  • Responsible drivers pay less – Attentive drivers tend to pay less for car insurance than people who have multiple driving citations. Having just one moving violation can increase the cost of insurance by as much as twenty percent. Drivers who have received license-revoking citations such as DUI or reckless driving may find that they have to to submit a SR-22 or proof of financial responsibility with their state’s licensing department in order to legally drive.
  • Buy as much liability insurance as you can afford – The liability coverage on your policy will afford coverage if you are ruled to be at fault for personal injury or accident damage. It provides legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so buy as much as you can afford.
  • Add-on coverages can add up – Policies have extra add-on coverages that sound like a good idea at the time if you aren’t diligent. Things like vanishing deductibles, high-cost glass coverage, and term life insurance may be wasting your money. They may seem like a good idea when deciding what coverages you need, but your needs may have changed so consider taking them off your policy.

How much auto insurance do I need?

When it comes to choosing proper insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining whether or not you would benefit from professional advice.

  • When would I need additional glass coverage?
  • Do I have coverage if my license is suspended?
  • Do I benefit by insuring my home with the same company?
  • Does insurance cover tools stolen from my truck?
  • How can I get my company to pay me more for my totalled car?
  • Am I missing any policy discounts?
  • Should I drop comprehensive coverage on older vehicles?
  • What should my uninsured motorist coverage limits be in my state?
  • Does liability extend to a camper or trailer?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form.

Are auto insurance companies telling the truth?

Progressive, GEICO, Allstate and State Farm consistently run ads on television and other media. They all state the claim that you can save if you get a free insurance quote and switch your policy. It sounds good, but how can they all have lower policy pricing? Here is the trick they use.

Companies quote the lowest rates for a prospective insured that is profitable for them. A good example of a driver they prefer may need to be a female over age 40, has a clean driving record, and drives a safe vehicle. Someone that hits that “sweet spot” receives the best prices as well as cut their rates substantially.

Consumers who may not quite match these standards must pay a higher rate and ends up with the customer not buying. The ads state “people that switch” not “everyone that quotes” save that much money. That’s the way insurance companies can confidently make those statements.

This emphasizes why drivers must compare as many free insurance quotes as you can. Because without a comparison, you cannot know the company that will fit you best based on your risk profile.

Detailed coverages of your car insurance policy

Learning about specific coverages of your car insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hail damage, hitting a bird and fire damage. The maximum amount your car insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical costs insurance

Med pay and PIP coverage reimburse you for bills for things like ambulance fees, X-ray expenses, prosthetic devices and rehabilitation expenses. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as if you are hit as a while walking down the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability car insurance

This coverage will cover damage or injury you incur to a person or their property by causing an accident. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Some companies may use one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like bail bonds, repair bills for other people’s vehicles, attorney fees and loss of income. How much coverage you buy is up to you, but you should buy as large an amount as possible.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Dodge Magnum.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Frequently these coverages are set the same as your liablity limits.

Collision protection

Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like sideswiping another vehicle, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

More effort can pay off

There are still a few companies who may not offer the ability to get a quote online and most of the time these small, regional companies provide coverage only through local independent agencies. Cheaper 2008 Dodge Magnum insurance can be found both online in addition to many insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates.

Drivers leave their current company for any number of reasons including unfair underwriting practices, denial of a claim, policy cancellation and policy non-renewal. Regardless of your reason, finding a new insurance company is pretty easy and you might even save some money in the process.

We covered many tips how you can reduce 2008 Dodge Magnum insurance premium rates online. The key thing to remember is the more rate comparisons you have, the higher your chance of finding cheaper insurance. You may even discover the biggest savings come from a company that doesn’t do a lot of advertising.

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