Cheaper 2000 Chrysler LHS Insurance Cost

Feel like you’re a prisoner to an underperforming, overpriced insurance coverage policy? Believe me when I say you are not the only one feeling buyer’s remorse. Multiple insurance companies compete to insure your vehicles, and it can be difficult to compare rates and uncover the absolute lowest price

You need to compare prices yearly due to the fact that insurance rates change frequently. Even if you think you had the best rates on LHS coverage on your last policy you may be paying too much now. So just forget all the misinformation about insurance coverage because I’m going to teach you the fastest and easiest way to find better rates and still maintain coverage.

If you have insurance now or are just looking to switch companies, you can use this information to reduce the price you pay while maximizing coverage. Finding the best rates is easy if you know what you’re doing. Drivers only need to know the most effective way to compare price quotes on the web.

Why your Chrysler LHS might be costing you more

It’s important that you understand some of the elements that play a part in calculating your insurance coverage rates. Having a good understanding of what impacts premium levels allows you to make educated decisions that can help you get lower insurance coverage prices.

Shown below are a partial list of the pieces companies use to determine your rates.

  • Pay less after the wedding – Having a wife or husband can get you a discount on your policy. Having a spouse translates into being more mature than a single person and it’s proven that being married results in fewer claims.
  • The more you drive the more you pay – The more miles you rack up on your Chrysler in a year the higher your rates will be. Most insurance companies apply a rate determined by how the vehicle is used. Cars used primarily for pleasure use can get a lower rate compared to those used for work or business. Improper usage on your LHS can result in significantly higher rates. Double check that your insurance coverage policy properly reflects how each vehicle is driven, because it can save money.
  • Men fork out a little more – The statistics show that men are more aggressive behind the wheel. Now that doesn’t mean women are better drivers. They both tend to get into accidents in similar percentages, but the male of the species tend to have more serious accidents. Men also tend to receive more costly citations such as reckless driving.
  • Low deductibles can be expensive – Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your Chrysler from damage. Examples of covered claims are collision with another vehicle, damage from fire, and windstorm damage. Deductibles for physical damage are the amount of money you are required to spend before a claim is paid by your company. The higher the amount you’re willing to pay, the less your insurance coverage will be on LHS coverage.
  • Liability coverage protects you – Liability insurance is the protection if ever you are found liable for causing damage or personal injury in an accident. It will provide legal defense starting from day one. This coverage is very inexpensive compared to physical damage coverage, so do not skimp.
  • Rural vs Urban Areas – Choosing to live in a rural area has it’s advantages when it comes to insurance coverage. Lower population translates into fewer accidents and a lower car theft rate. Drivers in populated areas have to deal with congested traffic and a longer drive to work. More time on the road translates into higher accident risk.
  • Younger drivers pay higher rates – Young drivers are known to be careless and easily distracted behind the wheel so they pay higher insurance coverage rates. If you’ve ever had to add a young driver onto a policy can break the bank. Older drivers are more cautious drivers, tend to file fewer claims and tend to be better behind the wheel.

How to Compare Insurance Rates

Cutting your insurance rates can be surprisingly simple. The only requirement is to invest a few minutes comparing price quotes from different insurance companies. This can be accomplished in several different ways.

The best way to get the best comparison quotes is an all-inclusive rate comparison click here to open form in new window. This form prevents you from having to do boring form submissions for each company. One quote request gets you coverage quotes instantly.

A different way to get quotes online is to take the time to go to the website of each company to complete a price quote. For example, let’s say you want to compare USAA, Safeco and Progressive. To find out each rate you need to take the time to go to each site and enter your policy data, which is why the first method is quicker. For a list of links to companies insuring cars in your area, click here.

It doesn’t matter which method you choose, just ensure you’re using the exact same coverage limits with each company. If each company quotes mixed coverages it will be next to impossible to truly determine the lowest rate.

Save 15 percent in 15 minutes? Is it for real?

Consumers can’t get away from ads that promise big savings from companies such as State Farm and Allstate. All the ads make an identical promise about savings if you switch your policy.

How can each company make the same claim? It’s all in the numbers.

All the different companies have a certain “appetite” for the type of driver that earns them a profit. For instance, a profitable customer might be a mature driver, insures multiple vehicles, and has a high credit rating. A customer who matches those parameters will get very good rates and most likely will pay quite a bit less when switching companies.

Drivers who don’t meet the requirements will be charged a more expensive rate which usually ends up with business going elsewhere. The ads state “drivers who switch” not “everyone that quotes” save money. That’s the way companies can truthfully make the claims of big savings.

That is why you absolutely need to compare as many rates as you can. It’s just too difficult to predict which company will provide you with the cheapest Chrysler LHS insurance rates.

Cut prices on Chrysler LHS insurance

The price of auto insurance can be rather high, but you may find discounts that can drop the cost substantially. A few discounts will automatically apply at the time of purchase, but some may not be applied and must be manually applied before you get the savings. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off the personal injury premium cost.
  • Good Students Pay Less – This discount can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Low Mileage Discounts – Keeping the miles down on your Chrysler could qualify for lower rates on the low mileage vehicles.
  • Defensive Driver – Completing a driver safety course could save 5% or more if your company offers it.
  • Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you could save 5% or more.

A little note about advertised discounts, some credits don’t apply to the entire cost. Some only apply to individual premiums such as liability and collision coverage. Even though it may seem like it’s possible to get free car insurance, it just doesn’t work that way. But all discounts will bring down your premiums.

Car insurance companies who might offer some of the above discounts are:

Check with each company which discounts you may be entitled to. Some discounts might not be offered in your area.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there is no perfect coverage plan. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that could help you determine if your situation will benefit from professional help.

  • How much liability insurance is required?
  • Should I get collision insurance on every vehicle?
  • Am I covered when driving in Canada or Mexico?
  • Is my nanny covered when driving my vehicle?
  • How do I file an SR-22 for a DUI in my state?
  • Can I afford low physical damage deductibles?
  • Will filing a claim cost me more?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of insurance companies in your area. It only takes a few minutes and you can get the answers you need.

Car insurance coverages explained

Understanding the coverages of your car insurance policy can help you determine the best coverages for your vehicles. Car insurance terms can be impossible to understand and reading a policy is terribly boring. These are the normal coverages available from car insurance companies.

Collision – This coverage pays for damage to your LHS resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as colliding with another moving vehicle, backing into a parked car, sustaining damage from a pot hole, rolling your car and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive insurance – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hitting a deer, a broken windshield, vandalism, hitting a bird and damage from flooding. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Chrysler LHS.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP pay for short-term medical expenses such as pain medications, chiropractic care and dental work. They are often utilized in addition to your health insurance policy or if you do not have health coverage. It covers you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Liability insurance – This coverage protects you from damage or injury you incur to other’s property or people. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like bail bonds, funeral expenses, repair costs for stationary objects and legal defense fees. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

The bottom line

Budget-conscious 2000 Chrysler LHS insurance is attainable on the web as well as from independent agents, and you should compare price quotes from both to get a complete price analysis. There are still a few companies who don’t offer online quoting and most of the time these small insurance companies sell through independent agents.

We covered many ideas to lower your insurance rates. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even find the best price on auto insurance is with some of the smallest insurance companies. Smaller companies can often insure niche markets at a lower cost as compared to the big name companies such as GEICO and State Farm.

More information can be found on the following sites: