Cheap 1998 Dodge Viper Insurance Cost

Buyers have a choice when searching for the best price on Dodge Viper insurance. You can either waste hours contacting agents trying to get quotes or use the internet to get rate quotes.

There are more efficient ways to compare auto insurance rates so we’re going to tell you the quickest way to compare rates for a Dodge and find the cheapest rates from both online companies and local agents.

Verify you’re earning every discount

Insurance coverage is neither fun to buy or cheap, but companies offer discounts that could help you make your next renewal payment. A few discounts will be applied when you get a quote, but some need to be specially asked for in order for you to get them.

  • Onboard Data Collection – Insureds that choose to allow companies to monitor driving habits remotely such as Progressive’s Snapshot may get a rate reduction if they have good driving habits.
  • Clubs and Organizations – Being a member of a qualifying organization can get you a small discount when shopping for insurance coverage.
  • Seat Belts Save – Requiring all passengers to fasten their seat belts can save a little off the medical payments premium.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles prevent accidents and earn discounts up to 10%.
  • Multi-line Discount – If the company offers life insurance, you could get a small discount if you purchase some life insurance in addition to your auto policy.
  • Renewal Discounts – A few insurance companies allow discounts for switching policies before your current expiration date. You can save around 10% with this discount.

Discounts save money, but please remember that many deductions do not apply to the overall cost of the policy. A few only apply to specific coverage prices like comprehensive or collision. If you do the math and it seems like you would end up receiving a 100% discount, that’s just not realistic.

To locate companies with discount insurance coverage rates, follow this link.

The quickest way to compare car insurance rates is to take advantage of the fact almost all companies pay for the opportunity to give free rates quotes. The one thing you need to do is provide details like if it has an alarm system, distance driven, driver details, and if your license is active. The rating information is automatically sent to many different companies and you should receive rate quotes within a short period of time.

To find the cheapest 1998 Dodge Viper insurance rates, click here and complete the quick form.

How insurance companies calculate Dodge Viper insurance costs

Part of the insurance buying process is learning some of the elements that play a part in calculating insurance rates. If you understand what impacts premium levels, this allows you to make educated decisions that could result in lower insurance prices. Many factors are used in the calculation when you quote your car insurance policy. Some of the criteria are obvious such as your driving history, but others are not quite as obvious such as your credit history or your financial responsibility.

  • Bump up deductibles to lower rates – Insurance for physical damage to your car, also called ‘full coverage’, covers your vehicle from damage. Some instances where coverage would apply are colliding with a building, hail damage, and burglary. The deductibles you choose state the amount of money you are required to spend before a claim is paid by your company. The higher the amount the insured has to pay upfront, the lower your rates will be on Viper coverage.
  • Your location is a factor – Having an address in a rural area may provide you with better prices when shopping for auto insurance. Drivers in populated areas regularly have much more traffic and much longer commute distances. Fewer drivers and short commutes translates into fewer accident claims as well as less vandalism and auto theft.
  • lapses raise rates – Not having insurance is illegal and companies may charge more for letting your insurance coverage expire. In addition to paying higher rates, failure to provide proof of insurance will get you a revoked license or a big fine. You may have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
  • With age comes lower premiums – Young drivers are proven to be careless and easily distracted when driving with friends therefore insurance rates are much higher. If you’ve ever had to add a beginning driver to your policy can break the bank. Mature drivers are shown to be more cautious, tend to cause fewer accidents .
  • Safety ratings are a factor – Vehicles with high crash test scores tend to be cheaper to insure. The safest vehicles reduce the chance of injuries and lower injury rates means lower claim amounts and cheaper rates on your policy. If the Dodge Viper has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Do you know you’re credit score? – Credit score can be a huge factor in calculating your premium rate. People that have very high credit ratings tend to file fewer claims as compared to drivers with poor credit scores. Therefore, if your credit score is not that good, you could be paying less to insure your 1998 Dodge Viper by improving your rating.

When should I discuss my situation with an agent?

When buying coverage, there really is not a cookie cutter policy. Each situation is unique.

Here are some questions about coverages that can aid in determining whether or not you may require specific advice.

  • Am I insured when driving a different vehicle?
  • Is my custom paint covered by insurance?
  • Does car insurance cover theft of personal property?
  • Will my rates increase for filing one claim?
  • Do I really need UM/UIM coverage?
  • How can I find cheaper teen driver insurance?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • How much underlying liability do I need for an umbrella policy?

If you’re not sure about those questions, you may need to chat with an agent. To find an agent in your area, fill out this quick form. It’s fast, free and you can get the answers you need.

What insurance coverages do you need?

Having a good grasp of your policy can help you determine appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Auto liability

This can cover injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Another option is a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims such as medical expenses, court costs, repair bills for other people’s vehicles, attorney fees and funeral expenses. How much coverage you buy is your choice, but it’s cheap coverage so purchase higher limits if possible.

Uninsured or underinsured coverage

This provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Normally these limits do not exceed the liability coverage limits.

Medical expense coverage

Med pay and PIP coverage provide coverage for bills like rehabilitation expenses, dental work, X-ray expenses and funeral costs. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Comprehensive protection

This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as fire damage, hitting a deer, falling objects and rock chips in glass. The most your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto collision coverage

Collision coverage will pay to fix damage to your Viper 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 claims like hitting a mailbox, colliding with a tree and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Take this to the bank

Drivers who switch companies do it for any number of reasons including not issuing a premium refund, poor customer service, lack of trust in their agent or even being labeled a high risk driver. Regardless of your reason for switching companies, finding a new insurance company can be easier than you think.

In this article, we presented a lot of ways to reduce 1998 Dodge Viper insurance premium rates online. The key concept to understand is the more providers you compare, the better chance you’ll have of finding inexpensive insurance. You may be surprised to find that the best premium rates are with a lesser-known regional company.

Lower-priced 1998 Dodge Viper insurance can be bought on the web and with local insurance agents, and you need to price shop both to have the best chance of lowering rates. Some companies may not offer rate quotes online and most of the time these regional insurance providers only sell coverage through independent agencies.

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