2008 Dodge Viper Car Insurance Cost – 7 Tips to Save

Are you kicking yourself for buying high-priced insurance coverage? You’re preaching to the choir because you’re not the only one. Popular companies such as GEICO, 21st Century and Progressive continually hit you with TV and radio ads and it can be hard to see past the corporate glitz and take the time to shop coverage around.

It’s a great practice to take a look at other company’s rates as often as possible because insurance coverage prices change regularly. If you had the best deal on Viper coverage two years ago there may be better deals available now. You can find a lot of misleading information regarding insurance coverage out there, but you can learn the easiest ways to find affordable insurance coverage.

If you have a current car insurance policy or are looking for a new policy, you can learn to find the best rates while maximizing coverage. Finding affordable coverage is not that difficult. Vehicle owners only need to know the proper methods to buy car insurance online.

Cheaper rates with these seven auto insurance discounts

Car insurance companies don’t list every policy discount in a way that’s easy to find, so the list below details some of the more common and also the lesser-known credits available to you.

  • Discount for Swiching Early – A few companies allow discounts for signing up before your current expiration date. This discount can save up to 10%.
  • Buy New and Save – Insuring a vehicle that is new can be considerably cheaper compared to insuring an older model.
  • Save with More Vehicles Insured – Drivers who insure several vehicles with the same company qualifies for this discount.
  • Drive Safe and Save – Drivers who avoid accidents can save up to 40% or more on their auto insurance quote on Viper coverage than less cautious drivers.
  • Policy Bundle Discount – When you combine your homeowners and auto insurance with one insurance company you may save up to 20% and get you low cost auto insurance.
  • Distant Student Discount – Older children who live away from home at college and don’t have a car may be able to be covered for less.
  • Smart Student Discounts – A discount for being a good student can save 20 to 25%. Most companies allow this discount up to age 25.

As a footnote on discounts, most discount credits are not given to the entire cost. The majority will only reduce individual premiums such as comprehensive or collision. If you do the math and it seems like you can get free auto insurance, you’re out of luck.

To choose insurers with discount auto insurance rates, click here.

Insurance advertising tricks

Consumers can’t get away from all the ads that claim the cheapest car insurance rates by Allstate and Progressive. They all make the point of big savings if you move to their company.

It sounds good, but how can they all offer you a better deal? It’s all in the wording.

Auto insurance companies have an ideal profile for the type of customer that earns them a profit. A good example of a profitable customer might be described as over the age of 35, has a low-risk occupation, and has excellent credit. Any person who matches that profile will qualify for the lowest car insurance rates and as a result will probably save money with a new company.

Consumers who fall outside those standards must pay higher rates which translates to the customer buying from someone else. If you listen to the ad wording, they say “people that switch” not “everyone who quotes” save that much. That’s why insurance companies can confidently lure you into getting a quote. Different companies use different criteria so you really need to do a quote comparison often. Because you cannot predict which insurance companies will have better rates than you’re paying now.

Auto insurance can get complicated

When buying the best auto insurance coverage for your vehicles, there really is not a one size fits all plan. Every situation is different so your insurance needs to address that. These are some specific questions can aid in determining if your insurance needs will benefit from professional help.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • What is PIP insurance?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • When do I need to add a new car to my policy?
  • Does my liability insurance cover pulling a trailer or camper?
  • Is my nanny covered when driving my vehicle?
  • Is my ex-spouse still covered by my policy?
  • Are split liability limits better than a combined single limit?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

Car insurance 101

Having a good grasp of a insurance policy aids in choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the normal coverages available from insurance companies.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for short-term medical expenses for nursing services, pain medications and EMT expenses. They are often 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 being hit by a car walking across the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Liability coverages

Liability coverage protects you from injuries or damage you cause to a person or their property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage protects against claims like structural damage, funeral expenses and pain and suffering. The amount of liability coverage you purchase is up to you, but consider buying as high a limit as you can afford.

Coverage for collisions

Collision insurance will pay to fix damage to your Viper from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as crashing into a building, driving through your garage door and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance coverage covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like hitting a deer, vandalism, damage from getting keyed and damage from flooding. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Best coverage at the best price

Lower-priced 2008 Dodge Viper insurance can be purchased both online and also from your neighborhood agents, and you should compare rates from both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get quotes online and many times these small, regional companies only sell coverage through independent agents.

We just covered many ways to lower your 2008 Dodge Viper insurance auto insurance rates. The key thing to remember is the more providers you compare, the better your chances of lowering your premium rates. Consumers may even find the best price on car insurance is with the least-expected company. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as GEICO and State Farm.

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