Who Has the Cheapest Insurance Quotes for a Dodge Journey in Vermont?

Our content editors always give us grief that when writing about car insurance, the words “affordable” or “cheap” should never appear anywhere in the article as a descriptor for car insurance rates. Be that as it may, cheap car insurance for a Dodge Journey may be a thing of the past. But don’t let us ruin your dream, because we will tell you how you can find and buy auto insurance that may not be cheap, but it is affordable.

Whether or not you can find the cheapest insurance for a Dodge Journey in Vermont depends on many rating factors like how old the vehicle is, if you have ever had a coverage lapse, and your motor vehicle report. Drivers pay on average $630 annually to buy Dodge Journey insurance, but that is a ballpark figure based on rates for a 40-year-old married male driver that has comprehensive and collision coverage and $500 deductibles.

There is a really good chance that you’re not a 40-year-old male, maybe you are single instead of married, and there is a good chance that you need different coverage limits than the exampe. What seems to be a minor change in rating criteria or coverage limits could end up in a significant change in the cost of coverage for a Dodge Journey.

Car insurance coverage is unique to each driver, so this is why the best way to find the most affordable coverage for your Dodge is to get into the habit of comparing rates once a year.

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Your Dodge’s trim level will be a contributing factor to price, so the price you pay to insure a Journey SE 2WD model will be $100 cheaper than the cost to insure the more costly Journey SXT Crew AWD version, as shown in the table below.

Data variables include married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Vermont minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Price information does not factor in specific garaging location which can change premium rates greatly.

Deciding which insurers offer the cheapest auto insurance rates for a Dodge Journey may require a tad more effort in order to find the most economical policy.

Each company has their own formula for filing rates in each state, so let’s take a look at the auto insurance companies with the most affordable rates in Vermont. It’s important to understand that Vermont auto insurance rates are impacted by many things that can increase the cost of your policy. Turning one year older, increasing liability limits, or having a fender bender may cause policy rate changes that can make some companies cheaper in comparison to the competition.

Best Insurance Companies for Your Dodge

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Safeco has some of the most affordable car insurance rates in Vermont at around $467 annually. California Casualty, USAA, The Hartford, and Travelers also make the cut as some of the more affordable Vermont auto insurance companies.

In this example, if you currently have a policy with The Hartford and switched to California Casualty, you could see savings of around $123. Vermont drivers with Travelers could save as much as $204 a year, and Unitrin insureds might lower prices by $213 a year.

It’s important to note that these estimates are averaged for all types of drivers and the different vehicles they drive and do not factor in a specific rating modification for a Dodge Journey. So the insurer that can offer you the lowest price may not even be in the company chart above. That is why you need to compare rates from multiple companies using your own driver and vehicle profiles.

Full coverage rates compared to liability only

Finding the cheapest insurance for a Dodge Journey in Vermont is probably important to the majority of vehicle owners, and one of the fastest ways to find cheaper insurance is to not buy full coverage. The diagram below compares auto insurance costs with full physical damage coverage compared to only buying liability only. The prices are based on no violations or accidents, $100 deductibles, drivers are not married, and no additional discounts are factored in.

If averaged for all ages, physical damage insurance costs an additional $1,656 per year more than just insuring for liability. Many people question if you should buy full coverage at all. There is no definitive guideline to stop paying for comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of comprehensive and collision coverage is 10% or more of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

For example, let’s pretend your vehicle’s replacement cost is $4,500 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $3,500 after the deductible is paid. If you are paying more than $350 annually for physical damage coverage, then it may be the right time to buy liability only.

There are some situations where dropping physical damage coverage is not a good idea. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

Here’s why you should shop around

Vermont auto insurance rates are based on many factors which can substantially change the cost of your policy. Improving your credit rating, buying another vehicle, or getting caught speeding may generate price changes that can now make some companies cheaper than competitors.

Also, companies file new Vermont car insurance rates as needed in order to be able to pay unexpected claims. Heavy losses may result in higher prices, while long-term profits can produce cheaper Journey insurance rates.

To illustrate this point, the graph below analyzes the cheapest car insurance in Vermont for a 45-year-old female driver with a clean driving record, no accidents, and solid credit. If we estimate prices based on her current risk profile, Safeco has the best car insurance rates in Vermont at $481 each year. This is $600 less than the average policy premium paid by Vermont drivers of $1,081. California Casualty, The Hartford, USAA, and Travelers also make the list of the cheapest Vermont auto insurance companies.

The example below compares rates after we give the driver from the first example an accident surcharge, a little lower credit rating, and an imperfect driving record. Due to the fact that each insurance company has a proprietary formula to determing premium rates, getting updated rate quotes may result in a different ranking of the cheapest companies as shown below.

California Casualty now has the lowest price in Vermont with Co-Operative Insurance, The Hartford, Concord, and GEICO completing the list. This example shows why consumers need to take the time to do a thorough rate comparison to find the most economical insurance rates for a Dodge Journey.

Prices are impacted by many things and can change substantially, so the most economical company the last time you checked may now be one of the more expensive options.

How to find economical auto insurance for a Dodge Journey

Below you’ll find some of the recommended money-saving ideas that can help drivers locate the cheapest auto insurance.

• Assess whether full coverage is needed
• Frequent claims may make car insurance unaffordable
• Buy vehicles with good safety ratings
• Do not get into accidents that are your fault
• Violations and traffic tickets increase rates
• Buying home and auto together can help save money
• Check for cheaper rates once a year

The last tip is highly necessary, as we noted in the prior article. Prices charged by companies can change in a short period of time, so you should be ready to buy a policy from a new company if a lower price can be found. Being loyal to a particular company is commendable, but it’s not recommended if that dedication is costing lots of money. If you have a few minutes, now is a great time to shop around and find cheaper insurance for a Dodge Journey.