2018 Chrysler 300 Car Insurance Rates – 9 Ways to Save

Searching for cheaper insurance rates for your Chrysler 300? Vehicle owners that are new to comparing insurance coverage rates online will discover buying cheaper auto insurance can be quite difficult.

It’s smart to quote other rates at least once a year since insurance prices are usually higher with each renewal. Even if you got the best price for 300 insurance last year you can probably find a better rate now. Forget anything you know (or think you know) about insurance because you’re going to learn the best way to find lower rates on insurance.

Car Insurance Discounts

Car insurance can be pricey, but there may be some discounts that many consumers don’t even know exist. Some of these disounts will be visible at the time of purchase, but once in a while a discount must be requested specifically in order for you to get them.

  • Seat Belts Save – Requiring all passengers to use their safety belts could save 15% off the personal injury premium cost.
  • Driver’s Education for Students – Teen drivers should successfully complete driver’s ed class if it’s offered in school.
  • E-sign Discounts – Some of the larger companies will give a small break for buying your policy over the internet.
  • Multiple Policy Discount – When you have multiple policies with the same company you may earn as much as 10 to 15 percent.
  • Military Deployment Discount – Being deployed in the military can result in better rates.
  • Anti-theft Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
  • Senior Citizens – If you’re over the age of 55, you can get a discount up to 10% for 300 insurance.
  • Employee of Federal Government – Having worked for a branch of the government could provide a small rate reduction for 300 insurance with a few car insurance companies.
  • Distant Student Discount – College-age children living away from home attending college without a vehicle on campus could get you a discount.

We need to note that some credits don’t apply to all coverage premiums. The majority will only reduce individual premiums such as collision or personal injury protection. So even though you would think adding up those discounts means a free policy, you aren’t that lucky.

For a list of insurers with discount car insurance rates, click here.

Tailor your insurance coverage coverage to you

When buying the best insurance coverage coverage for your vehicles, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

These are some specific questions may help you determine if your situation could use an agent’s help.

  • Are all vehicle passengers covered by medical payments coverage?
  • What if I don’t agree with a claim settlement offer?
  • Is business equipment covered while in my vehicle?
  • Can I drive in Mexico and have coverage?
  • What is medical payments coverage?
  • Does my policy cover me when driving someone else’s vehicle?
  • Am I covered if my car is in a flood?
  • Exactly who is provided coverage by my policy?
  • Does my 2018 Chrysler 300 need full coverage?
  • Why is insurance for a teen driver so high?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Ads can be misleading

Well-known insurance coverage companies like 21st Century, Allstate and State Farm endlessly run television and radio advertisements. All the ads seem to make the promise about saving some big amount if you switch your policy. How can each company give you a better price? It’s all in the words they use.

All the different companies quote their best rates for the right customer that will add to their bottom line. A good example of a profitable insured could be between the ages of 30 and 50, carries full coverage, and drives less than 5,000 miles a year. Any person that meets those criteria gets the lowest premium rates and will most likely save when they switch companies.

People who fall outside this ideal profile will probably have to pay a higher rate and this results in the customer buying from someone else. Company advertisements say “drivers that switch” but not “all drivers who get quotes” save that much when switching. That’s the way companies can claim big savings.

Because every company is different, you absolutely need to get auto insurance quotes as often as possible. It’s just too difficult to predict which insurance coverage company will fit your personal profile best.

Car insurance coverage information

Learning about specific coverages of auto insurance aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive coverage – Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as damage from flooding, damage from a tornado or hurricane and damage from getting keyed. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability coverages – This provides protection from injuries or damage you cause to people or other property by causing an accident. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims such as court costs, legal defense fees, attorney fees and pain and suffering. How much coverage you buy is a personal decision, but buy higher limits if possible.

Collision coverage – This pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims like crashing into a building, backing into a parked car and crashing into a ditch. 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 increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants as well as damage to your Chrysler 300.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Normally these coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as chiropractic care, prosthetic devices, pain medications, EMT expenses and nursing services. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Feed the piggy bank

Consumers leave their current company for any number of reasons including policy cancellation, high prices, extreme rates for teen drivers and lack of trust in their agent. Regardless of your reason for switching companies, choosing a new insurance company is easier than you think.

In this article, we presented a lot of tips how to reduce 2018 Chrysler 300 insurance premium rates online. The key concept to understand is the more companies you get prices for, the better your comparison will be. You may even find the biggest savings come from a lesser-known regional company.

When buying insurance coverage, it’s not a good idea to reduce needed coverages to save money. There are too many instances where drivers have reduced full coverage and learned later they didn’t purchase enough coverage. Your goal is to buy the best coverage you can find at the lowest possible cost, but don’t skip important coverages to save money.

Additional information