2009 Chrysler 300 Insurance Cost – 5 Tips to Save

If online car insurance comparisons are new to you, it’s easy to be bewildered thanks to the incredible selection of insurers that all promise the best rates.

Smart consumers take time to get comparison quotes at least once a year since prices are adjusted regularly by insurance companies. Just because you had the lowest rates for 300 coverage two years ago the chances are good that you can find a lower premium rate today. Forget anything you know (or think you know) about car insurance because you’re about to find out how to quote online to buy cheaper car insurance.

If you have car insurance now, you stand a good chance to be able to save some money using this information. This information will introduce you to how car insurance quotes work. But drivers need to have an understanding of the way insurance companies sell online and apply this information to your search.

First Step: Get free auto insurance quotes

There are a variety of methods to compare auto insurance quotes, and some are more efficient than others. You could waste a few hours talking to local insurance agents in your area, or you could use the web to achieve your goal.

Many companies participate in a marketplace that allows shoppers to submit their information once, and each company returns a rated price. This prevents consumers from doing repetitive form submissions for every auto insurance company.

To compare rates using this form now click to open in new window.

The one disadvantage to using this type of form is that you can’t choose which companies to get pricing from. If you prefer to choose specific providers to receive pricing from, we put together a list of low cost auto insurance companies in your area. View list of insurance companies.

The method you choose is up to you, but do your best to enter nearly identical coverage limits with each company. If you have different values for each quote it will be very difficult to make an equal comparison. Just slight variations in insurance coverages or limits can make a big difference in price. Just remember that comparing a large number of companies helps increase your odds of locating more affordable insurance.

You may qualify for discounts

Companies that sell car insurance don’t always publicize all disounts in a way that’s easy to find, so the following is a list of both well-publicized and also the more inconspicuous credits that may apply to you.

Discounts for Safe Drivers – Accident-free drivers can pay as much as 50% less for 300 coverage than drivers with accident claims.
Theft Deterent Discount – Anti-theft and alarm system equipped vehicles can help prevent theft and will save you 10% or more.
Distant Student Discount – Children who are attending college without a vehicle on campus may qualify for this discount.
Military Rewards – Having an actively deployed family member could mean lower prices.
Senior Discount – Drivers that qualify as senior citizens are able to get a slight reduction on a auto insurance quote for 300 coverage.

Remember that many deductions do not apply to your bottom line cost. Most cut the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like adding up those discounts means a free policy, nobody gets a free ride.

Companies that may have many of the previously listed discounts include:

When comparing rates, check with every prospective company how you can save money. Some of the discounts discussed earlier may not apply to policyholders in your area.

There’s no such thing as the perfect insurance policy

When it comes to choosing the right insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s needs are different.

For example, these questions can help discover whether or not you would benefit from professional advice.

Where can I get insurance after a DUI in my state?
Do I need PIP coverage since I have good health insurance?
Am I covered when driving on a suspended license?
Am I covered if my car is in a flood?
Should I have a commercial auto policy?
What if I don’t agree with a claim settlement offer?
What is the rate difference between pleasure use and commuting?
Is motorclub coverage worth it?
Are my friends covered when driving my car?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form.

Specific coverages for a 2009 Chrysler 300

Knowing the specifics of your policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as fire damage, damage from flooding and hitting a deer. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as pain medications, hospital visits, rehabilitation expenses, dental work and surgery. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Coverage for collisions

Collision coverage pays for damage to your 300 from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like rolling your car, crashing into a ditch, driving through your garage door, hitting a mailbox and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Liability auto insurance

Liability coverage provides protection from injuries or damage you cause to other people or property in an accident. It protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 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 can pay for things such as repair bills for other people’s vehicles, medical services, loss of income, pain and suffering and attorney fees. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and damage to your 2009 Chrysler 300.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Most of the time these coverages are similar to your liability insurance amounts.