Tested Methods to Getting the Absolute Best Chrysler 300 Insurance Rates
Having to pay for overpriced Chrysler 300 insurance can overdraw your savings account and put a big crunch on your finances. Comparison shopping is a smart way to make sure you’re not throwing money away. Consumers have many insurers to insure vehicles with, and even though it’s nice to have a selection, it makes it harder to find the lowest rates.
Smart consumers take time to check auto insurance prices every six months since rates change frequently. Just because you found the best price for 300 insurance on your last policy you will most likely find a better rate today. Ignore everything you know about auto insurance because you’re about to learn how to use the internet to buy cheaper auto insurance.
Cheap Auto Insurance Comparisons
Getting better Chrysler 300 auto insurance pricing is actually quite simple. Drivers just need to spend a little time comparing rate quotes online with multiple companies. This can be done in just a few minutes using one of these methods.
- One of the best ways to get the best comparison quotes would be an industry-wide quote request form (click to open form in new window). This form eliminates the need for separate quote forms for every auto insurance company. One form gets you coverage quotes from auto insurance companies with the best prices.
- A more time consuming way to shop for auto insurance online consists of visiting the website of each company to complete a price quote. For examples sake, let’s say you want comparison quotes from Allstate, Progressive and State Farm. To get each rate you have to visit each site to enter your coverage information, which is why most consumers use the first method. To view a list of companies in your area, click here.
It’s your choice how you get your quotes, but make darn sure you compare exactly the same coverages and limits on every quote. If your comparisons have different liability limits it will be next to impossible to truly determine the lowest rate.
The auto insurance bait and switch
Drivers get pounded daily by advertisements for car insurance savings from the likes of Progressive, Allstate and GEICO. All the companies make an identical promise that you’ll save big after switching your coverage to them.
How can each company say the same thing? It’s all in the numbers.
Different companies have a preferred profile for the driver they prefer to insure. For instance, a profitable customer might be between 25 and 40, owns a home, and has excellent credit. A customer who matches those parameters will qualify for the lowest rates and as a result will probably cut their rates substantially.
Potential customers who don’t meet the “perfect” profile will have to pay higher premiums and this can result in the customer not buying. Company advertisements say “people who switch” not “everyone that quotes” save that much money. This is how insurance companies can advertise the way they do.
Because of the profiling, you need to get as many comparisons as possible. It is impossible to predict which auto insurance company will fit your personal profile best.
Discounts are great for lower rates
Insurance can be prohibitively expensive, buy you may qualify for discounts to help bring down the price. A few discounts will automatically apply when you complete an application, but lesser-known reductions have to be inquired about before you get the savings. If you don’t get every credit you qualify for, you’re just leaving money on the table.
- Low Mileage – Driving fewer miles can qualify you for a substantially lower rate.
- Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates for 300 insurance than drivers with accident claims.
- Good Student Discount – Getting good grades can get you a discount of up to 25%. Earning this discount can benefit you until age 25.
- Resident Student – Children who live away from home and do not have a car can be insured at a reduced rate.
- Seat Belts Save – Drivers who require all occupants to use a seat belt could save 15% off your medical payments premium.
- Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% for 300 insurance with select insurance companies.
- E-sign – A handful of insurance companies give back up to $50 just for signing your application online.
- Homeowners Pay Less – Simply owning a home can save you money due to the fact that maintaining a home is proof that your finances are in order.
- Accident Waiver – Some insurance companies allow you one accident before raising your premiums so long as you haven’t had any claims prior to the accident.
As a disclaimer on discounts, some of the credits will not apply to the entire cost. Most only cut the cost of specific coverages such as comprehensive or collision. Just because you may think adding up those discounts means a free policy, it just doesn’t work that way. But any discount will help reduce the amount you have to pay.
For a list of insurance companies who offer auto insurance discounts, click here.
Shop smart and save
When you buy insurance online, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many instances, an accident victim reduced uninsured motorist or liability limits only to regret at claim time that the small savings ended up costing them much more. The aim is to buy a smart amount of coverage at the best price while still protecting your assets.
We just covered a lot of ways to reduce Chrysler 300 insurance prices online. The key thing to remember is the more you quote, the better chance you’ll have of finding lower rates. Consumers may even find the lowest premiums are with a small mutual company. These companies often have lower prices on specific markets than the large multi-state companies such as State Farm, GEICO and Nationwide.