8 Top Ways to Slash Chrysler Dynasty Insurance Expenses

Sick and tired of not being able to afford to buy car insurance? Your situation is no different than many other drivers. Because there are so many options, it’s difficult to find the cheapest provider.

Buying car insurance is easy if you know what you’re doing. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using these techniques. Consumers just need to learn the most efficient way to get comparison rates online.

How to Compare Car Insurance Costs

There are a variety of methods to compare car insurance prices and some are more efficient than others. You can spend countless hours discussing policy coverages with local insurance agents in your area, or you could save time and use the web to get the quickest rates.

Many insurance companies participate in a marketplace that allows shoppers to only type in their quote data once, and at least one company returns a rated price based on that data. This system prevents you from having to do quote forms for every car insurance company. To participate in this free quote system, click to open in new window.

The one disadvantage to using this type of system is you cannot specify the companies to get pricing from. So if you prefer to choose specific providers to request quotes from, we have a listing of companies who write car insurance in your area. Click here for list of insurance companies.

It’s your choice how you get your quotes, but double check that you are using apples-to-apples quote information on every quote. If you compare different deductibles then you won’t be able to make a fair comparison for your Chrysler Dynasty.

Policy discounts you shouldn’t miss

Auto insurance companies don’t necessarily list every discount very well, so the following is a list of both well-publicized and also the lesser-known ways to save on car insurance. If you don’t get every credit available, you’re just leaving money on the table.

• Multiple Vehicles – Having multiple vehicles with the same company can get a discount on all vehicles.
• Defensive Driver – Completing a driver safety course can save you 5% or more and easily recoup the cost of the course.
• Discount for Good Grades – Getting good grades can save 20 to 25%. This discount can apply until age 25.
• Passive Restraints – Factory air bags or motorized seat belts can get savings of 20% or more.
• Braking Control Discount – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
• Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
• Homeowners Savings – Owning a home may earn you a small savings because of the fact that having a home is proof that your finances are in order.
• Resident Student – Youth drivers who are attending college without a vehicle on campus may be able to be covered for less.

Keep in mind that most credits do not apply to your bottom line cost. Most cut specific coverage prices like comprehensive or collision. So even though they make it sound like you can get free auto insurance, car insurance companies aren’t that generous.

To choose companies offering car insurance discounts, click this link.

Detailed coverages of your car insurance policy

Having a good grasp of your policy can help you determine which coverages you need at the best deductibles and correct limits. Car insurance terms can be confusing and nobody wants to actually read their policy. Shown next are typical coverage types available from car insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Comprehensive auto coverage – 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 your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from flooding, hitting a deer, theft, hitting a bird and vandalism. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability car insurance – This coverage can cover damage or injury you incur to people or other property. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability can pay for claims like court costs, bail bonds, repair bills for other people’s vehicles and medical services. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Collision – Collision coverage pays for damage to your Dynasty from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims like sustaining damage from a pot hole, crashing into a building, scraping a guard rail, colliding with another moving vehicle and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP provide coverage for expenses for things like EMT expenses, X-ray expenses, surgery and chiropractic care. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage