Cheap 2002 Dodge Neon Car Insurance Cost

Consumers have options when looking for low-cost Dodge Neon insurance. You can either spend your time driving around to get rate comparisons or leverage the internet to get rate quotes.

There are both good and bad ways to find insurance online so you’re going to learn the absolute fastest way to price shop coverage for a Dodge and get the lowest possible price either online or from local insurance agents.

If you have a current auto insurance policy or need a new policy, you will benefit by learning to shop for the lowest rates and possibly find even better coverage. This information will instruct you on how car insurance quotes work. Consumers only need an understanding of the best way to get comparison quotes online.

Four tips to get more affordable insurance costs

An important part of buying insurance is that you know the different types of things that help calculate auto insurance rates. If you have some idea of what controls the rates you pay, this helps enable you to make changes that can help you get much lower annual insurance costs. Lots of things are part of the equation when quoting car insurance. Some of the criteria are obvious such as your driving record, but other factors are more transparent like your continuous coverage or your financial responsibility.

Listed below are some of the things that factor into prices.

  • Higher deductibles save money – Insurance for physical damage to your car, also called ‘full coverage’, is used to repair damage to your vehicle. Examples of covered claims could be a windshield shattered by a rock, damage caused by hail, and having your car stolen. Deductibles for physical damage define the amount you are required to pay if a claim is determined to be covered. The higher the amount you have to pay, the lower your rates will be for Neon insurance.
  • Auto insurance rates may be lower depending on your occupation – Did you know that where you work can have an impact on rates? Occupations such as real estate brokers, business owners and emergency personnel generally pay higher rates than average attributed to high stress levels and long work days. On the flip side, jobs like professors, historians and performers get better rates for Neon insurance.
  • Single drivers take more risk – Having a spouse can get you a discount when shopping for auto insurance. It may mean you are more mature and responsible and insurance companies reward insureds because married drivers get in fewer accidents.
  • Optional features that cut auto insurance rates – Selecting a car model with an alarm system can earn a premium discount. Anti-theft devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent auto theft and help lower rates.

Don’t miss these discounts

Auto insurance can be pricey, but there may be some discounts that you may not even be aware of. Some discounts apply automatically at quote time, but occassionally some discounts must be asked about before they will apply.

  • Theft Prevention System – Cars with anti-theft systems help deter theft and will save you 10% or more.
  • E-sign – Certain companies give back up to $50 for buying your policy online.
  • Multi-line Discount – If the company offers life insurance, you could get lower prices if you buy some life insurance too.
  • Resident Student – Kids who live away from home to go to college and do not take a car to college may be insured at a cheaper rate.
  • Onboard Data Collection – Insureds who allow their insurance company to study vehicle usage by using a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive could see a rate decrease if their driving habits are good.
  • Low Mileage – Keeping the miles down on your Dodge could qualify for discounted premium rates on garaged vehicles.
  • Anti-lock Brake System – Cars, trucks, and SUVs that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.

Policy discounts save money, but most discounts do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like liability and collision coverage. Even though it appears having all the discounts means you get insurance for free, nobody gets a free ride. But all discounts will reduce your premiums.

If you would like to choose from a list of insurance companies offering auto insurance discounts, click here.

Special considerations

When buying the right insurance coverage, there is no single plan that fits everyone. Every situation is different.

For instance, these questions can help discover whether or not you might need an agent’s assistance.

  • Are there companies who specialize in insuring high-risk drivers?
  • Should I buy more coverage than the required minimum liability coverage?
  • Who is covered by my policy?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Do I need higher collision deductibles?
  • When would I need rental car insurance?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Insurance coverages explained

Learning about specific coverages of your policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as nursing services, dental work and ambulance fees. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. It covers all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

Uninsured or underinsured coverage – This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Dodge Neon.

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 is important protection for you and your family. Usually these limits are set the same as your liablity limits.

Collision – Collision insurance pays to fix your vehicle from damage from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like colliding with another moving vehicle, backing into a parked car, sideswiping another vehicle and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to bump up the deductible to bring the cost down.

Comprehensive protection – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hitting a bird, hail damage, a tree branch falling on your vehicle and damage from flooding. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability coverage – This coverage protects you from injuries or damage you cause to people or other property in an accident. This insurance protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers things such as medical expenses, legal defense fees, repair bills for other people’s vehicles and funeral expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Shop smart and save

When shopping online for insurance coverage, never buy poor coverage just to save money. In many cases, an insured dropped liability coverage limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your focus should be to get the best coverage possible at the lowest possible cost, but do not sacrifice coverage to save money.

Drivers who switch companies do it for a number of reasons such as high rates after DUI convictions, policy cancellation, denial of a claim or an unsatisfactory settlement offer. It doesn’t matter why you want to switch finding the right insurance coverage provider is actually quite simple.

We just showed you many ideas to lower your 2002 Dodge Neon insurance prices. The key concept to understand is the more providers you compare, the better your comparison will be. Drivers may discover the lowest priced insurance coverage comes from the smaller companies.

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