If you are new to online price comparisons, most likely you are bewildered thanks to all the different types of companies all offering big savings.
It’s a good idea to compare prices at least once a year because prices trend upward over time. Even if you think you had the best rate for Challenger insurance a few years ago you can probably find a better premium rate now. Forget all the misinformation about auto insurance because it’s time to teach you how to use the internet to find better rates and still maintain coverage.
Buying car insurance is not rocket science. Essentially anyone who buys insurance should be able to find lower rates. Nevertheless, drivers must comprehend the methods companies use to compete online and use this information to your advantage.
Comparing car insurance rates can take hours if you aren’t aware of the most efficient way. You can waste a lot of time discussing policy coverages with local insurance agents in your area, or you could use online quotes to maximize your effort.
Most major companies belong to a marketplace where prospective buyers submit their information once, and at least one company can provide price quotes based on that data. This system prevents you from having to do form submissions for each company. To find out what other companies charge click here (opens in new window).
The only drawback to using this type of form is buyers cannot specifically choose which carriers you want pricing from. If you would rather choose from a list of companies for rate comparison, we have a listing of car insurance companies in your area. Click here for list of insurance companies.
Whichever way you choose to compare rates, be certain you are entering the same coverage data for every quote you compare. If each company quotes different coverage information then you won’t be able to determine the best price for your Dodge Challenger. Slightly different coverage limits can make a big difference in price. Keep in mind that comparing a large number of companies will enable you to find the best rates. Some companies don’t provide online price quotes, so it’s important to also get price quotes from the smaller companies as well.
When it comes to choosing the best insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different.
Here are some questions about coverages that can aid in determining if you would benefit from professional advice.
If you don’t know the answers to these questions, you might consider talking to a licensed agent. If you don’t have a local agent, fill out this quick form.
Understanding the coverages of car insurance can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.
Comprehensive (Other than Collision) – This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like hail damage, hitting a deer and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Dodge Challenger.
Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.
Liability auto insurance – Liability coverage can cover damage or injury you incur to other’s property or people by causing an accident. It protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.
Liability insurance covers claims such as bail bonds, structural damage and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.
Medical expense insurance – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for doctor visits, surgery and rehabilitation expenses. They can be used in conjunction with a health insurance program or if you lack health insurance entirely. They cover both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible
Collision – Collision insurance covers damage to your Challenger resulting from a collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision can pay for things like colliding with a tree, hitting a parking meter, backing into a parked car and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to bump up the deductible in order to get cheaper collision rates.