Save on 2008 Chrysler 300 Insurance Cost

I can’t think of anyone who likes having to buy insurance coverage, especially when the price is too high. There are many insurance companies to insure vehicles with, and although it’s nice to have a choice, too many choices makes it more difficult to find the lowest rates.

Finding the best rates is not rocket science. If you currently have car insurance, you will be able to cut costs considerably using these tips. Drivers just need to understand the most effective way to shop on the web.

Compare Quotes for Car Insurance

There are multiple methods you can shop for 2008 Chrysler 300 car insurance but some are less time-consuming than others. You could waste a few hours talking to insurance agencies in your area, or you could use the internet to quickly compare rates.

Many insurance companies participate in an industry program where prospective buyers send in one quote, and at least one company can give them a price determined by their information. This eliminates the need for form submissions for every car insurance company. To fill out one form to compare multiple rates now click here (opens in new window).

One minor caviat to pricing coverage this way is you are unable to specify which carriers you want pricing from. So if you prefer to pick from a list of companies to request quotes from, we put together a list of car insurance companies in your area. View list of insurance companies.

It’s up to you which method you use, but double check that you are using exactly the same information for every company. If you enter different deductibles it will be very difficult to determine the best price for your Chrysler 300.

Do you qualify for discounts?

Car insurance companies don’t list all available discounts very well, so we researched both well-publicized and also the lesser-known insurance savings. If you don’t get every credit you deserve, you are paying more than you should be.

  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
  • Multiple Cars – Having all your vehicles with the same company qualifies for this discount.
  • Anti-theft System – Vehicles with anti-theft systems can help prevent theft and earn discounts up to 10%.
  • Seat Belts Save – Requiring all passengers to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.
  • College Student – Youth drivers living away from home attending college without a vehicle on campus may qualify for this discount.
  • Accident Forgiveness – Some insurance companies allow you one accident without raising rates if you are claim-free prior to the accident.
  • Discount for New Cars – Insuring a new car can be considerably cheaper compared to insuring an older model.
  • Sign Online – Some insurance companies give back up to $50 just for signing your application online.
  • Payment Discounts – If you pay your bill all at once instead of paying each month you could save 5% or more.
  • Club Memberships – Belonging to a civic or occupational organization is a good way to get lower rates when shopping for insurance for 300 coverage.

Keep in mind that most credits do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comp or med pay. So when it seems like all the discounts add up to a free policy, insurance companies aren’t that generous.

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

Double check with each insurance company which discounts they offer. All car insurance discounts may not apply in your state.

Don’t assume everyone needs the same coverage

When buying the right insurance coverage for your personal vehicles, there really is not a one size fits all plan. Everyone’s situation is a little different so your insurance should reflect that For example, these questions might help in determining if your insurance needs may require specific advice.

  • Do I need special endorsements for business use of my vehicle?
  • Do I benefit by insuring my home with the same company?
  • Am I covered when pulling a rental trailer?
  • What is UM/UIM insurance?
  • Is other people’s property covered if stolen from my vehicle?
  • Is my cargo covered for damage or theft?
  • I have good health insurance, so how much medical payments coverage do I need?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Learn about insurance coverages for a 2008 Chrysler 300

Learning about specific coverages of your insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on most insurance policies.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Chrysler 300.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Collision – This coverage covers damage to your 300 caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like crashing into a building, scraping a guard rail, colliding with another moving vehicle and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to bring the cost down.

Comprehensive protection – This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like a tree branch falling on your vehicle, damage from flooding, vandalism, hitting a deer and falling objects. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense coverage – Coverage for medical payments and/or PIP kick in for bills for pain medications, doctor visits, EMT expenses and funeral costs. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Liability auto insurance – Liability coverage will cover damages or injuries you inflict on a person or their property by causing an accident. It protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things such as repair costs for stationary objects, structural damage, repair bills for other people’s vehicles and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.