How Much Does 2016 Dodge Viper Insurance Cost?

Looking for lower insurance rates for your Dodge Viper? Feel like you have an overpriced insurance policy? Trust us, there are many people just like you.

With people having so many options, it’s nearly impossible to pick the lowest cost insurance provider.

The purpose of this post is to instruct you on how car insurance quotes work and some tricks to saving. If you are paying for car insurance now, you will be able to reduce your rates substantially using these tips. But car owners do need to know the way companies sell insurance online and use this information to your advantage.

Cheap auto insurance rates with discounts

Companies that sell car insurance don’t list all possible discounts very clearly, so here is a list both the well known as well as some of the hidden discounts that you can inquire about if you buy insurance coverage online.

  • Lower Rates for Military – Being on active deployment in the military could qualify you for better prices.
  • Multi-policy Discount – When you combine your auto and homeowners insurance with the same company you will save over 10 percent off each policy depending on the company.
  • Online Discount – Some of the larger companies provide a small discount for buying a policy and signing up on the internet.
  • Clubs and Organizations – Being a member of qualifying clubs or civic groups could qualify you for a break on your bill.
  • Early Signing – Some auto insurance companies reward drivers for switching companies early. It can save you around 10%.
  • Defensive Driver – Participating in a course that instructs on driving safety could cut 5% off your bill and also improve your driving technique.
  • Student Discount for Driver Training – Teen drivers should enroll and complete driver’s education in school or through a local driver safety program.
  • Seat Belt Usage – Drivers who require all occupants to buckle up before driving may be able to save a few bucks off the personal injury premium cost.
  • Government Employee Discount – Employees or retirees of the government could qualify for a slight premium decrease on Viper insurance depending on your auto insurance provider.

It’s important to note that most discounts do not apply to the entire cost. Most only reduce the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

A list of auto insurance companies and some of the premium reductions they offer are shown below.

  • Progressive offers discounts for online quote discount, continuous coverage, online signing, multi-policy, good student, multi-vehicle, and homeowner.
  • GEICO offers discounts including anti-lock brakes, membership and employees, good student, air bags, and anti-theft.
  • State Farm discounts include defensive driving training, safe vehicle, multiple policy, driver’s education, and Steer Clear safe driver discount.
  • Esurance has savings for anti-theft, good student, renters, online quote, claim free, and multi-policy.
  • The Hartford offers premium reductions for defensive driver, good student, driver training, anti-theft, bundle, vehicle fuel type, and air bag.

Before buying, ask each insurance company which credits you are entitled to. Depending on the company, some discounts may not be available in every state.

Buy insurance online

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 affordable 2016 Dodge Viper insurance rates involves getting comparison quotes online. This can be done in just a few minutes using one of these methods.

Hands down the most simple method consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This form saves time by eliminating boring form submissions to each individual insurance company. A single form gets coverage cost estimates from multiple low-cost companies.

A slightly less efficient method to get comparison quotes is spending the time to visit each company website and go through the quote process again. For instance, let’s assume you need rates from Auto-Owners, Progressive and Allstate. You would have to spend time going to each site individually and enter your policy data, and that’s why the first method is more popular. For a list of links to insurance companies in your area, click here.

The final way to get comparison rates is driving to and from local insurance agencies. Doing it all online makes this process obsolete unless you require the trained advice that only an agent can give. If you prefer, some companies allow you to get the lowest quotes online and still use a local agent.

How you compare quotes is your choice, just compare nearly identical coverage data on every price quote you get. If you have different values for each quote it will be next to impossible to determine which rate is truly the best. Quoting even small variations in limits can result in a big premium difference. And when comparison shopping, comparing a wide range of rates helps improve the odds of finding more affordable insurance.

The Dodge Viper insurance price equation

Multiple criteria are part of the equation when you get your auto insurance bill. Some are pretty understandable such as traffic violations, but other factors are not quite as obvious such as whether you are married or your financial responsibility.A large part of saving on insurance coverage is knowing a few of the rating criteria that are used to determine insurance coverage rates. When you know what positively or negatively determines base rates, this enables you to make decisions that could result in lower rates.

Shown below are some of the factors used by your company to calculate prices.

  • The higher your credit rating the lower your rates – Having a bad credit rating can be a huge factor in determining what you pay for insurance coverage. Drivers with high credit scores tend to file fewer claims and have better driving records than those with bad credit. So if your credit history could use some work, you could pay less to insure your 2016 Dodge Viper if you clean up your credit.
  • Safer cars are cheaper to insure – Safer cars cost less to insure. The safest vehicles help reduce the chance of injuries in an accident and lower rates of occupant injuries means less claims paid and lower rates for you.
  • Employer stress can make you pay more – Did you know that where you work can have an impact on rates? Occupations like fire fightersairline pilots and stock brokers generally have higher average rates because of high stress levels and long work days. On the other hand, careers like actors, engineers and retirees pay the least on Viper insurance.
  • Rural areas have lower prices – Residing in areas with lower population may provide you with better prices when it comes to insurance coverage. Fewer drivers on the road means less chance of accidents and lower theft and vandalism rates. People who live in big cities tend to have congested traffic and longer commute times. More time behind the wheel can result in more accidents.

Tailor your car insurance coverage to you

When it comes to buying coverage, there is no one size fits all plan. Every insured’s situation is different and your policy should reflect that. Here are some questions about coverages that might point out if your situation would benefit from professional advice.

  • Do I really need UM/UIM coverage?
  • Do I need medical payments coverage since I have good health insurance?
  • Should I buy additional glass protection?
  • Where can I get insurance after a DUI in my state?
  • Do I have coverage when making deliveries for my home business?
  • Do I need rental car coverage?
  • Is motorclub coverage worth it?
  • Is my custom paint covered by insurance?
  • What if I owe more than I can insure my car for?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Educate yourself about insurance coverages

Understanding the coverages of a insurance policy can be of help when determining the best coverages for your vehicles. Insurance terms can be confusing and nobody wants to actually read their policy. Shown next are typical coverages found on the average insurance policy.

Liability auto insurance – Liability insurance provides protection from injuries or damage you cause to people or other property that is your fault. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for claims like bail bonds, repair costs for stationary objects, medical expenses and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Collision – This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as rolling your car, hitting a mailbox, backing into a parked car and colliding with a tree. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like chiropractic care, hospital visits, funeral costs, rehabilitation expenses and surgery. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible

Coverage for uninsured or underinsured drivers – This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your Dodge Viper.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Usually the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive insurance – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as vandalism, damage from flooding, a broken windshield and rock chips in glass. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Quote more. Save more.

When getting insurance coverage quotes online, don’t be tempted to skimp on coverage in order to save money. There have been many situations where someone dropped physical damage coverage only to find out that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy a smart amount of coverage at an affordable rate and still be able to protect your assets.

Lower-priced 2016 Dodge Viper insurance can be purchased both online in addition to local insurance agencies, so you should compare both in order to have the best chance of saving money. A few companies may not have online price quotes and many times these smaller providers sell through independent agents.

More detailed insurance coverage information can be found in the articles below: