How Much Does 2008 Dodge Caliber Car Insurance Cost?

Are you confused by the number of insurance coverage company choices? Lot’s of other consumers are too. You have so many options available that it can quickly become a lot of work to find the best price.

Which Auto Insurance is Cheapest?

All major auto insurance companies like State Farm and Allstate give coverage prices directly from their websites. Getting quotes is pretty painless as you simply type in your required coverages as requested by the quote form. When complete, the company’s rating system obtains information on your driving record and credit history and quotes a price based on these and other factors.

Being able to quote online streamlines rate comparisons, but having to visit a lot of sites and enter the same data into a form gets old quite quickly. But it’s absolutely necessary to get many rate quotes if you are searching for a better rate.

The smarter way to get multiple rate quotes utilizes a single form to obtain quotes from multiple companies. It’s a real time-saver, reduces the work, and makes online shopping much more enjoyable. Once the form is submitted, your coverage is rated and you can choose any of the price quotes you receive. If a lower price is quoted, you can click and sign and buy the new coverage. The whole process takes 15 minutes at the most and you’ll know if lower rates are available.

To find out what other companies charge, simply click here to open in new window and begin entering your coverage information. To compare your current rates, we recommend you duplicate coverages and limits as close as possible to your current policy. Using the same limits helps guarantee you will get a rate comparison for exact coverage.

How to reduce Dodge Caliber insurance rates

Auto insurance companies do not list all their discounts very well, so we researched both the well known and the harder-to-find ways to save on insurance.

  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes prevent accidents and will save you 10% or more.
  • Service Members Pay Less – Being on active duty in the military can result in better rates.
  • Discount for Life Insurance – Larger companies have a discount if you purchase a life insurance policy as well.
  • Seat Belt Usage – Requiring all passengers to wear their seat belts could save 15% off your PIP or medical payments premium.
  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class in school.

As a disclaimer on discounts, many deductions do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like all those discounts means the company will pay you, insurance companies aren’t that generous.

A partial list of companies that possibly offer these discounts include:

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

Tailor your coverage to you

When it comes to buying the best insurance coverage coverage, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.

For instance, these questions might point out whether or not you might need an agent’s assistance.

  • When should I drop full coverage on my 2008 Dodge Caliber?
  • Is my Dodge Caliber covered if I use it for business?
  • Am I covered when delivering products for my home-based business?
  • How much can I save by bundling my policies?
  • Is rental equipment covered for theft or damage?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • When do I need to add a new car to my policy?
  • I have health insurance so do I need medical payments coverage?
  • Do I need replacement cost coverage?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Why your Dodge Caliber insurance rates may be high

Consumers need to have an understanding of some of the elements that help determine the price you pay for insurance coverage. Having a good understanding of what impacts premium levels empowers consumers to make smart changes that could result in big savings.

The following are some of the items used by your company to calculate premiums.

  • Careful drivers pay lower rates – Even a single citation can boost insurance rates forty percent or more. Careful drivers receive lower rates compared to drivers with tickets. Drivers who get flagrant violations like reckless driving, hit and run or driving under the influence may be required to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to keep their license.
  • Older drivers pay less – Older drivers are more responsible, tend to file fewer claims and receive fewer citations. Teenage drivers are statistically proven to be less responsible behind the wheel therefore insurance coverage rates are much higher.
  • More miles equals more premium – The more you drive in a year the more you will pay for insurance coverage. Most companies charge to insure your cars determined by how the vehicle is used. Vehicles left parked in the garage get more affordable rates than vehicles that are driven to work every day. If your policy improperly rates your Caliber can cost quite a bit. Make sure your insurance coverage policy shows the correct driver usage.
  • Males pay more for insurance – Statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that women are BETTER drivers than men. Women and men cause accidents at a similar rate, but men cause more damage. Men also have more aggressive citations such as reckless driving. Teenage male drivers tend to get in the most accidents and therefore are the most expensive to insure.

Are car insurance companies telling the truth?

State Farm and Allstate constantly bombard you with ads on TV and radio. All the companies make an identical promise of big savings if you switch to them. How can each company make the same claim?

Insurance companies are able to cherry pick for the right customer that makes them money. A good example of a profitable customer could be over the age of 40, has no driving citations, and has great credit. A propective insured who fits that profile will get the preferred rates and is almost guaranteed to save a lot of money.

Consumers who do not match the requirements must pay a more expensive rate which usually ends up with the driver buying from a lower-cost company. Company advertisements say “drivers who switch” not “people who quote” save that much money. That is how companies can truthfully claim big savings. This illustrates why you absolutely need to compare many company’s rates. It’s not possible to predict which car insurance company will provide you with the cheapest Dodge Caliber insurance rates.

Coverage specifics

Knowing the specifics of your insurance policy helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Dodge Caliber.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like dental work, prosthetic devices, hospital visits, X-ray expenses and rehabilitation expenses. They are used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as damage from a tornado or hurricane, fire damage, vandalism and damage from getting keyed. The maximum payout your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability coverage

This coverage will cover damage that occurs to a person or their property in an accident. It protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability can pay for things like loss of income, structural damage and bail bonds. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.

Collision coverage

Collision insurance pays for damage to your Caliber caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like colliding with a tree, hitting a mailbox, crashing into a building, damaging your car on a curb and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Feed the piggy bank

As you prepare to switch companies, never sacrifice coverage to reduce premiums. Too many times, drivers have reduced comprehensive coverage or liability limits only to regret that the savings was not a smart move. Your focus should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

Cheaper 2008 Dodge Caliber insurance can be found both online as well as from independent agents, and you need to price shop both to get a complete price analysis. Some companies don’t offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

Throughout this article, we presented some good ideas how to lower your insurance rates. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the lowest priced insurance comes from an unexpected company.

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