Searching for better car insurance rates for your Dodge SRT Viper? Being forced to pay for expensive car insurance premiums can overdraw your checking account and maybe even restrict other spending.
Due to the large number of insurance companies to choose from, it can be hard to find the right company.
Smart consumers have a good feel for the rating factors that play a part in calculating your policy premiums. When you know what positively or negatively determines base rates, this enables you to make decisions that can help you get cheaper rates. Multiple criteria are taken into consideration when you quote your car insurance policy. Some are pretty understandable like a motor vehicle report, but others are less apparent such as your credit history or how financially stable you are.
The items below are some of the factors insurance coverage companies consider when setting your rate level.
When shopping for auto insurance there are multiple ways to compare prices from local auto insurance companies. The easiest way to compare 2014 Dodge SRT Viper insurance prices is simply to get online rate quotes. This can be accomplished in just a few minutes using one of these methods.
Hands down the most simple method to compare a lot of rates at once is a comparison rater form click here to open form in new window. This form saves time by eliminating separate quotation requests for each company. Completing one form gets insurance cost estimates from many national carriers.
Another way to compare prices requires a trip to each company website and fill out a new quote form. For sake of this example, let’s assume you are doing a rate comparison from USAA, Safeco and Allstate. To get rate quotes you would need to visit each site to input your insurance information, which can be really labor intensive.
To view a list of companies in your area, click here.
The least efficient and most time consuming way of comparing rate quotes is physically going to different agent offices. Comparing online rate quotes eliminates the need for an insurance agent unless you require the advice and guidance that you can only get from talking to an agent. Some companies do allow you to get the lowest quotes online and get advice from an agent in your area.
It’s your choice how you get your quotes, but do your best to enter equivalent quote data on every quote you get. If you use different liability limits you will not be able to make an equal comparison. Just a small difference in insurance coverages or limits could throw off the whole comparison. And when comparison shopping, having more price comparisons will enable you to find a lower rate.
Progressive, Allstate and GEICO constantly bombard you with television and radio advertisements. All the ads make an identical promise that you can save after switching your car insurance coverage to their company. How does each company make the same claim? This is the way they can do it.
All companies can use profiling for the type of customer that earns them the highest profit. An example of a preferred risk should be between the ages of 30 and 50, owns a home, and insures a new vehicle. A driver who matches that profile will probably get the lowest rates and will most likely save when they switch companies.
Drivers who are not a match for this stringent profile will get higher premium rates with the end result being the customer not buying. The trick companies use is to say “drivers that switch” not “all people who quote” save that much when switching. That’s why insurance companies can claim big savings. Each company has different criteria, so drivers should get price quotes at each policy renewal. It’s just not possible to know which insurance companies will have the best premium rates for your profile.
Some insurance providers don’t always list all disounts in an easy-to-find place, so the below list has some of the more common as well as the least known discounts that you may qualify for. If you’re not getting every credit you qualify for, you are throwing money away.
Keep in mind that many deductions do not apply the the whole policy. Most only cut specific coverage prices like liability, collision or medical payments. Just because you may think it’s possible to get free car insurance, companies don’t profit that way.
A few of the larger companies and a summarized list of policyholder discounts are included below.
Double check with each company which discounts you may be entitled to. Some of the discounts discussed earlier might not be offered in your state. If you would like to choose from a list of auto insurance companies who offer online auto insurance quotes, click this link.
When choosing the right insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Each situation is unique so your insurance needs to address that. These are some specific questions can aid in determining whether your personal situation would benefit from an agent’s advice.
If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier
Knowing the specifics of insurance can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be confusing and nobody wants to actually read their policy. Listed below are the usual coverages offered by insurance companies.
Collision coverage – This coverage will pay to fix damage to your SRT Viper resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.
Collision coverage pays for claims such as rolling your car, damaging your car on a curb and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.
Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as theft, hitting a deer, a tree branch falling on your vehicle and hail damage. The most your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your 2014 Dodge SRT Viper.
Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Liability – Liability insurance can cover damages or injuries you inflict on other people or property in an accident. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000.
Liability insurance covers things like emergency aid, attorney fees, funeral expenses, repair costs for stationary objects and legal defense fees. The amount of liability coverage you purchase is up to you, but buy higher limits if possible.
Coverage for medical expenses – Coverage for medical payments and/or PIP provide coverage for bills such as dental work, chiropractic care, nursing services and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Cheaper 2014 Dodge SRT Viper insurance can be purchased online and with local insurance agents, and you should be comparing both so you have a total pricing picture. Some insurance providers may not offer internet price quotes and many times these smaller companies only sell coverage through local independent agents.
While you’re price shopping online, never skimp on critical coverages to save a buck or two. There are too many instances where someone dropped uninsured motorist or liability limits only to regret at claim time that the small savings ended up costing them much more. Your goal should be to buy a smart amount of coverage at a price you can afford, but don’t skip important coverages to save money.
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