Finding low-cost insurance for a Dodge Neon can turn out to be a painful process, but you can learn a few tricks to make it easier.
There are more efficient ways to compare insurance rates and we’ll show you the absolute fastest way to compare rates for a new or used Dodge and get the cheapest rates from both online companies and local agents.
You should make it a habit to take a look at other company’s rates periodically since prices are rarely the same from one policy term to another. If you had the lowest rate on Neon coverage last year you may be paying too much now. Forget anything you know (or think you know) about insurance because you’re going to learn one of the quickest ways to find lower rates on insurance.
One of the most helpful ways to save on car insurance is to to have a grasp of a few of the rating criteria that are used to determine your policy premiums. When consumers understand what influences your rates, this empowers consumers to make smart changes that can earn you lower car insurance prices.
The factors shown below are some of the major factors that factor into prices.
Car insurance companies do not list every discount they offer in an easy-to-find place, so the following is a list of some of the more common as well as the least known credits that may apply to you. If you do not check that you are getting every discount available, you are not getting the best rate possible.
It’s important to understand that most credits do not apply to the entire policy premium. The majority will only reduce specific coverage prices like collision or personal injury protection. Despite the appearance that you could get a free car insurance policy, it just doesn’t work that way.
To see a list of car insurance companies offering car insurance discounts, click here to view.
When buying the right insurance coverage for your vehicles, there is no one size fits all plan. Every insured’s situation is different.
These are some specific questions could help you determine whether or not you might need an agent’s assistance.
If you can’t answer these questions but you know they apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.
Understanding the coverages of your auto insurance policy helps when choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be confusing and coverage can change by endorsement.
Liability auto insurance – Liability coverage protects you from damage that occurs to other people or property that is your fault. It protects YOU from legal claims by others. Liability 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 a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.
Liability insurance covers things such as funeral expenses, medical expenses, court costs and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as much as you can afford.
Comprehensive auto insurance – This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as damage from flooding, hitting a bird and fire damage. The maximum payout your auto insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Dodge Neon.
Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Collision coverages – This will pay to fix damage to your Neon caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things such as scraping a guard rail, crashing into a building, hitting a parking meter, sideswiping another vehicle and rolling your car. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.
Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as nursing services, pain medications, X-ray expenses, surgery and EMT expenses. They are often used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
When buying insurance coverage, make sure you don’t skimp on coverage in order to save money. There are too many instances where someone dropped physical damage coverage and discovered at claim time that the few dollars in savings costed them thousands. Your aim should be to find the BEST coverage at the best price, not the least amount of coverage.
Some companies may not offer the ability to get quotes online small insurance companies prefer to sell through independent agents. Cheap 2001 Dodge Neon insurance can be found online as well as from insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates.
Throughout this article, we presented quite a bit of information on how to save on 2001 Dodge Neon insurance. It’s most important to understand that the more rate quotes you have, the better likelihood of getting inexpensive car insurance. Consumers may even find the lowest car insurance rates come from some of the lesser-known companies.
Much more information about auto insurance can be found at these links: