Save on 2002 Dodge Stratus Car Insurance Quotes

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Trust us, you are not the only one feeling buyer’s remorse.

You have so many car insurance companies to pick from, and although it’s nice to have multiple companies, having more car insurance companies makes it harder to find the lowest cost provider.

Shopping for affordable protection is simple if you know the tricks. Essentially everyone who has to buy insurance coverage will more than likely be able to reduce their rates. But vehicle owners do need to understand how companies sell online and apply this information to your search.

Factors that might impact rates for a Dodge Stratus

An important part of buying insurance is that you know the different types of things that go into determining insurance coverage rates. Knowing what impacts premium levels helps enable you to make changes that can help you get big savings.

  • Do you know you’re credit rating? – Your credit score is a large factor in your rate calculation. Drivers with high credit ratings tend to file fewer claims and have better driving records than those with lower credit ratings. Therefore, if your credit score is low, you could be paying less to insure your 2002 Dodge Stratus by spending a little time repairing your credit.
  • Equipment add-ons that lower insurance coverage rates – Purchasing a vehicle with anti-theft technology or alarm system can save you a little every year. Anti-theft features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping auto theft.
  • Your location is important – Residing in less populated areas can be a good thing when it comes to insurance coverage. Fewer drivers means a lower chance of having an accident. City drivers have to deal with much more traffic to deal with and a longer drive to work. More time on the road means higher likelihood of an accident.
  • Older drivers save more – Young drivers are statistically proven to be more careless in a vehicle so they pay higher insurance coverage rates. Mature drivers are viewed as being more responsible, statistically cause fewer accidents and get fewer tickets.

Do you qualify for a discount?

Insurance can cost an arm and a leg, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be triggered automatically at the time of purchase, but less common discounts must be specifically requested prior to receiving the credit.

  • Good Student – This discount can save 20 to 25%. Earning this discount can benefit you well after school through age 25.
  • Multiple Vehicles – Insuring multiple vehicles on one policy may reduce the rate for each vehicle.
  • Accident Free – Drivers who don’t have accidents can earn big discounts when compared with accident-prone drivers.
  • Paperwork-free – A few companies will give a small break just for signing your application online.
  • Organization Discounts – Being a member of certain professional organizations could qualify you for a break on auto insurance for Stratus insurance.
  • Early Signing – Some companies give discounts for buying a policy before your current expiration date. This can save 10% or more.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes prevent accidents and will save you 10% or more.
  • Use Seat Belts – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 15% on the medical payments or PIP coverage costs.

As a disclaimer on discounts, most credits do not apply to your bottom line cost. Most only reduce individual premiums such as physical damage coverage or medical payments. So when it seems like you can get free auto insurance, companies don’t profit that way. Any qualifying discounts will reduce the cost of coverage.

Insurance companies that possibly offer these benefits may include but are not limited to:

Check with all companies you are considering which discounts they offer. Savings might not apply in your area.

Save $388 a year? Really?

GEICO, State Farm and Progressive regularly use ads in print and on television. All the companies say the same thing that you’ll save big if you move to them. How do they all make the same claim?

All companies are able to cherry pick for the type of customer that earns them a profit. For example, a preferred risk could possibly be a mature driver, insures multiple vehicles, and has excellent credit. A customer getting a price quote who matches those parameters will get the preferred rates and as a result will probably save when they switch companies.

Drivers who do not match these standards will be charged higher rates and ends up with business not being written. The ads say “customers who switch” but not “drivers who get quotes” save that kind of money. That’s the way companies can truthfully make the claims of big savings.

That is why drivers must get a wide range of price quotes. It’s just too difficult to predict the company that will have the lowest Dodge Stratus insurance rates.

What coverages do I need?

When it comes to choosing the best insurance coverage coverage, there really is no perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. For instance, these questions could help you determine whether you will benefit from professional help.

  • Is motorclub coverage worth it?
  • When should my teen driver be added to my policy?
  • Do I have newly-aquired coverage?
  • What are the best liability limits?
  • Do I have coverage if my license is suspended?
  • Do I need PIP (personal injury protection) coverage in my state?
  • What happens if I owe more than my 2002 Dodge Stratus is worth?
  • Do I need roadside assistance coverage?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Coverage specifics

Learning about specific coverages of a insurance policy helps when choosing which coverages you need for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. These are the usual coverages offered by insurance companies.

Collision coverage – Collision coverage will pay to fix damage to your Stratus resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as scraping a guard rail, backing into a parked car, colliding with another moving vehicle, sustaining damage from a pot hole and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. It’s also possible to increase the deductible to bring the cost down.

Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for expenses for things like nursing services, chiropractic care, pain medications, ambulance fees and X-ray expenses. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Comprehensive (Other than Collision) – This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as hitting a bird, a broken windshield, damage from getting keyed, rock chips in glass and hitting a deer. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability – Liability insurance will cover injuries or damage you cause to other’s property or people. It protects you against claims from other people, and doesn’t 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. Your policy might show limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as attorney fees, structural damage, funeral expenses and medical expenses. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Dodge Stratus.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these limits are set the same as your liablity limits.

In any little way, save everyday

As you prepare to switch companies, you should never buy poor coverage just to save money. In many instances, someone dropped physical damage coverage and learned later that the few dollars in savings costed them thousands. Your strategy should be to find the BEST coverage at an affordable rate while still protecting your assets.

In this article, we presented many tips how you can reduce 2002 Dodge Stratus insurance prices online. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding lower rates. You may be surprised to find that the best prices are with some of the lesser-known companies. Smaller companies often have lower prices on specific markets compared to the large companies like Allstate, GEICO and Progressive.

For more information, feel free to browse the resources below: