View 2007 Dodge Magnum Insurance Rates

Purchasing cheaper insurance coverage might seem somewhat difficult for drivers that are not comfortable with quoting and comparing and buying insurance coverage on the internet. With such a large number of agents and insurance companies available, how can drivers be able to compare every one to find the best available price?

Smart consumers take time to compare premium rates once or twice a year because insurance coverage prices trend upward over time. Just because you had the lowest rates for Magnum coverage a couple years back a different company probably has better rate quotes today. Block out anything you think you know about insurance coverage because you’re about to learn the tricks you need to know to find the best coverage while lowering your premiums.

The cheapest insurance coverage quotes online

Shopping for lower insurance coverage rates can be a daunting task if you aren’t aware of the fastest way to get free quotes. You can waste a lot of time talking to agents in your area, or you could use the web to get prices fast.

Many insurance companies belong to an insurance system that enables customers to enter their policy data once, and every company provides a quote based on that information. This eliminates the need for repetitive form submissions for every insurance coverage company.

To participate in this free quote system, click here to open in new window.

The only downside to comparing rates this way is you can’t choose which providers you will receive quotes from. So if you want to choose specific insurance companies to compare rates, we have assembled a list of the cheapest insurance coverage companies in your area. Click to view list.

It’s up to you how you get prices quotes, just make sure you are using nearly identical coverages and limits with each company. If each company quotes different deductibles you will not be able to make an equal comparison. Just a small difference in coverages could skew the results. And when price shopping your coverage, comparing a large number of companies provides better odds of finding more affordable insurance. Not every company allows you to get quotes online, so you should also compare price quotes from the smaller companies as well.

Different people need different car insurance coverages

When choosing the best car insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Every situation is different.

These are some specific questions could help you determine whether or not you might need an agent’s assistance.

Do I get a pro-rated refund if I cancel my policy early?
Is my teenager covered with friends in the car?
Do I need added coverage for expensive stereo equipment?
How high should my medical payments coverage be?
I have a DUI can I still get coverage?
How much liability do I need to cover my assets?
Am I covered if I hit a deer?
Is my ex-spouse still covered by my policy?
Do I need PIP (personal injury protection) coverage in my state?
Am I covered when using my vehicle for business?

If you don’t know the answers to these questions then you might want to talk to an agent. To find lower rates from a local agent, simply complete this short form.

Auto insurance 101

Knowing the specifics of a insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Collision coverage

Collision coverage pays for damage to your Magnum resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like hitting a parking meter, backing into a parked car, colliding with another moving vehicle and scraping a guard rail. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Coverage for medical payments

Med pay and PIP coverage pay for bills like nursing services, funeral costs, hospital visits and ambulance fees. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Auto liability insurance

Liability coverage will cover damage that occurs to other’s property or people that is your fault. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for things such as legal defense fees, medical expenses, structural damage and funeral expenses. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverages

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like damage from flooding, theft, falling objects and vandalism. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2007 Dodge Magnum.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.