How to Find the Lowest Price When Insuring Your Chrysler 200

Expensive auto insurance can drain your personal savings, especially in this economy. Shopping your coverage around is a great way to tighten up your finances. Popular companies such as Allstate, Progressive and GEICO persitently shower you with advertising and consumers find it hard to ignore the propoganda and do the work needed to find the best deal.

You need to price shop coverage quite often because insurance rates fluctuate regularly. Just because you found the best price for 200 coverage last year you can probably find a better price now. You can find a lot of misleading information regarding auto insurance on the internet, so with this article, you’re going to get a bunch of ideas how to slash your auto insurance rates.

These factors can influence what you pay for Chrysler 200 insurance

Smart consumers have a good feel for the rating factors that come into play when calculating your auto insurance rates. When you know what positively or negatively controls the rates you pay enables informed choices that can help you get big savings.

• Don’t get talked into coverage you don’t need – There are a ton of extra coverages that you can buy if you aren’t careful. Coverages like roadside assistance, towing coverage and membership fees may be costing you every month. They may seem good at first, but your needs may have changed so get rid of them and save.
• Frequent auto insurance claims increase rates – If you are a frequent claim filer, you can definitely plan on either higher rates or even cancellation. Car insurance companies award discounts to policyholders who do not file claims often. Car insurance is meant to be used in the event of major claims that would cause financial hardship.
• Your stress level may be raising your rates – Did you know your occupation can influence how much you pay for auto insurance? Jobs such as lawyers, architects and financial analysts have higher average rates attributed to job stress and long work hours. Conversely, professions such as pilots, engineers and performers get better rates for 200 coverage.
• No coverage gaps is important – Not having insurance can get your license suspended and you will pay a penalty because you let your coverage lapse. Not only will rates go up, but being ticketed for driving with no insurance can result in a license revocation or jail time.You may need to provide proof of insurance in the form of an SR-22 filing with your state DMV.
• Males pay more for insurance – Statistics demonstrate women are more cautious behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Men and women tend to get into accidents at about the same rate, but the men cause more damage. Men also statistically receive more costly citations like reckless driving and DUI. Male drivers age 16 to 19 tend to get in the most accidents and are penalized with high auto insurance rates.
• Poor credit can mean higher rates – Having a bad credit history is a big factor in determining your rates. So if your credit history is not that good, you could potentially save money when insuring your Chrysler 200 by spending a little time repairing your credit. Consumers who have good credit tend to be less risk to insure as compared to drivers with lower credit scores.
• The type of vehicle makes a difference – The make and model of the vehicle you are insuring makes a huge difference in the rate you pay. The lowest rates are generally reserved for small economy passenger models, but the final cost of insurance is determined by many other factors. Due to the fact that the Chrysler 200 is considered a passenger car, rates will be similar in price or lower when compared to the average rates.

Compare the Market for Auto Insurance

All major auto insurance companies give pricing directly from their websites. The process is pretty easy as you simply type in the coverages you want as requested by the quote form. After you complete the form, their system will obtain reports for credit and driving violations and generates pricing information based on these and other factors. Being able to quote online makes comparing rates easy, but having to visit a lot of sites and fill out multiple forms can get tiresome after awhile. But it is imperative to have as many quotes as possible in order to find a better rate.

There is a better way!

The easiest way to find lower prices is to use a quote form to obtain quotes from several different companies. It’s a real time-saver, eliminates form submissions, and makes online price comparison a lot less work. After your information is entered, it gets priced and you are able to buy your choice of the resulting price quotes. If you find a better price you can simply submit the application and buy the new coverage. The entire process takes just a few minutes to complete and you will find out if you’re overpaying now.

If you want to get comparison pricing now, click here and enter your information. To compare your current rates, we recommend that you enter the insurance coverages identical to your current policy. Using the same limits helps guarantee you will have rate comparison quotes for exact coverage.

Discounts can save BIG

Auto insurance companies don’t necessarily list every discount very clearly, so we researched both the well known as well as the least known ways to save on auto insurance. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

• Sign Online – Certain companies give back up to $50 simply for signing on their website.
• Defensive Driving Course – Successfully completing a course in driver safety can save you 5% or more depending on where you live.
• Student in College – Youth drivers who attend school more than 100 miles from home without a vehicle on campus may be able to be covered for less.
• Seat Belts Save more than Lives – Buckling up and requiring all passengers to use a seat belt can save 10% or more off your PIP or medical payments premium.
• Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.
• Braking Control Discount – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
• Life Insurance – Select insurance companies reward you with a discount if you purchase life insurance.

As a disclaimer on discounts, many deductions do not apply to the entire cost. Most cut the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, it doesn’t quite work that way.

To see a list of insurance companies with discount auto insurance rates, click here.

Online plus local equals savings

In this article, we presented a lot of information how to get a better price on Chrysler 200 insurance. The key concept to understand is the more rate quotes you have, the better chance you’ll have of finding lower rates. You may be surprised to find that the best price on auto insurance is with some of the smallest insurance companies. Smaller companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate or State Farm.

When you buy insurance online, it’s very important that you do not reduce coverage to reduce premium. In many instances, an insured dropped liability limits or collision coverage only to find out that it was a big error on their part. The proper strategy is to purchase plenty of coverage at the best price, not the least amount of coverage.

Budget-conscious Chrysler 200 insurance can be sourced on the web in addition to many insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance companies do not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.