Cheaper 1993 Dodge Daytona Insurance Rates

Trying to find cheaper insurance rates for your Dodge Daytona? I can’t think of a single person who cherishes buying insurance, particularly when they are paying too much.

There is such a variety of car insurance companies to buy insurance from, and although it’s nice to have a selection, having more insurance companies makes it harder to compare rates and find the lowest cost insurance.

It’s a good habit to compare prices occasionally due to the fact that insurance rates are rarely the same from one policy term to another. Just because you found the lowest rates for Daytona coverage six months ago there may be better deals available now. There is too much inaccurate information about insurance online, so we’re going to give you the best ways to find affordable insurance.

Buying car insurance is not that difficult. If you are paying for car insurance now, you will most likely be able to reduce your rates substantially using these techniques. Although drivers do need to understand the way companies sell insurance online and use this information to your advantage.

Discounts to lower Dodge Daytona insurance rates

Car insurance companies do not list every discount in a way that’s easy to find, so we researched some of the best known as well as the least known discounts you could be receiving.

  • Life Insurance Discount – Some companies give better rates if you take out life insurance from them.
  • Discount for New Cars – Buying coverage on a new vehicle can cost up to 25% less due to better safety requirements for new cars.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy could earn a price break for each car.
  • Defensive Driver – Completing a defensive driving course can save you 5% or more if your company offers it.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems can avoid accidents and earn discounts up to 10%.
  • Good Student Discount – Performing well in school can get you a discount of up to 25%. The good student discount can last up until you turn 25.

Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Most only reduce individual premiums such as comp or med pay. Just because you may think you would end up receiving a 100% discount, it doesn’t quite work that way.

To see a list of providers with the best car insurance discounts, click here to view.

Why your Dodge Daytona insurance rates may be high

Consumers need to have an understanding of some of the elements that help determine your auto insurance rates. When you know what positively or negatively determines base rates allows you to make educated decisions that could result in much lower annual insurance costs.

The following are some of the items companies use to determine premiums.

  • Keep rates low by being claim-free – If you are a frequent claim filer, you can pretty much guarantee either a policy non-renewal or much higher rates. Insurance companies award better rates to people who are claim-free. Auto insurance is intended for the large, substantial claims.
  • Liability coverage protects you – Your policy’s liability coverage is the coverage that protects you if ever you are found liable for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. This coverage is very inexpensive as compared to coverage for physical damage, so buy as much as you can afford.
  • Don’t buy coverages you don’t need – There are a ton of extra coverages that you can get tricked into buying if you aren’t careful. Things like personal injury protection, accidental death and motor club memberships are some examples. They may seem good initially, but if you don’t need them remove them from your policy.
  • Lower rates with optional equipment – Purchasing a vehicle with a theft deterrent system can help lower your rates. Anti-theft features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your vehicle from being stolen.
  • Better crash test results mean better rates – Cars with high safety ratings get lower rates. The safest vehicles reduce injuries and lower injury rates translates into fewer and smaller insurance claims and thus lower rates. If your Dodge Daytona earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
  • Battle of the sexes – Statistics show women tend to be less risk to insure than men. However, don’t assume that women are BETTER drivers than men. Men and women are in accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also receive more costly citations such as reckless driving.
  • Higher deductibles cost less – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your Dodge. Some examples of claims that would be covered would be colliding with a building, vandalism, and windstorm damage. Deductibles for physical damage are how much you are willing to pay before your auto insurance pays a claim. The more expense the insured has to pay upfront, the less your company will charge you for insurance for Daytona coverage.

Tailor your coverage to you

When choosing the right insurance coverage for your personal vehicles, there really is not a one size fits all plan. Each situation is unique so your insurance needs to address that. For example, these questions may help highlight if you would benefit from an agent’s advice.

  • When does my teenage driver need to be added to my policy?
  • Will my rates increase for filing one claim?
  • Should I waive the damage coverage when renting a car?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • What is the ISO rating for a 1993 Dodge Daytona?
  • How can I get my company to pay me more for my totalled car?
  • Will filing a claim cost me more?
  • Do I need special endorsements for business use of my vehicle?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

Insurance policy coverages for a Dodge Daytona

Learning about specific coverages of insurance helps when choosing which coverages you need for your vehicles. Insurance terms can be confusing and nobody wants to actually read their policy. Below you’ll find the usual coverages found on most insurance policies.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from 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 getting keyed, hail damage, falling objects, damage from flooding and damage from a tornado or hurricane. The most a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for liability

Liability coverage can cover damage or injury you incur to other’s property or people by causing an accident. It protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like emergency aid, attorney fees, court costs and loss of income. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Medical costs insurance

Med pay and PIP coverage kick in for immediate expenses for pain medications, chiropractic care, ambulance fees, funeral costs and hospital visits. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

UM/UIM Coverage

This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Collision protection

This covers damage to your Daytona resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like backing into a parked car, sideswiping another vehicle, driving through your garage door, scraping a guard rail and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to bring the cost down.

Pennies from heaven

When trying to cut insurance costs, it’s not a good idea to buy lower coverage limits just to save a few bucks. In too many instances, someone dropped physical damage coverage only to discover later that it was a big error on their part. The proper strategy is to purchase plenty of coverage at a price you can afford, not the least amount of coverage.

We just presented some good ideas how to shop for 1993 Dodge Daytona insurance online. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. You may even find the lowest rates come from the least-expected company. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Progressive and GEICO.

Even more information can be found at these sites: