Lower Your 2014 Chrysler 200 Insurance Rates

Want lower car insurance rates for your Chrysler 200? Did you fall for a flashy sales pitch and buy overpriced car insurance? Believe me, there are a lot of people just like you who feel imprisoned by their car insurance policy. With so many online and local companies to choose from, it can be challenging to locate the cheapest company.

Pricing the best protection is not that difficult. If you have insurance now or need new coverage, you can use these tips to find the best rates while maximizing coverage. Drivers just need to know the proper way to compare prices on the web.

How much can you save with discounts?

The price of auto insurance can be rather high, but there could be available discounts that can drop the cost substantially. Certain discounts will be triggered automatically at the time of purchase, but a few must be inquired about before they will apply. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Passive Restraints and Air Bags – Cars that have air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.
  • Low Mileage Discounts – Driving fewer miles can earn discounted rates on garaged vehicles.
  • Student in College – Youth drivers who attend school more than 100 miles from home without a vehicle on campus can receive lower rates.
  • Accident Forgiveness – Some insurance companies will allow you to have one accident before raising your premiums if you are claim-free for a set time period.
  • Sign Early and Save – Select companies give a discount for switching policies before your current expiration date. It can save you around 10%.
  • Defensive Driver – Successfully completing a course in driver safety could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Discounts for Safe Drivers – Safe drivers may save up to 50% more for 200 insurance than their less cautious counterparts.
  • Payment Method – If paying your policy premium upfront rather than paying monthly you could save up to 5%.
  • 55 and Retired – Mature drivers may be able to get a small decrease in premiums for 200 insurance.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.

It’s important to note that most of the big mark downs will not be given to all coverage premiums. The majority will only reduce individual premiums such as comp or med pay. Just because it seems like it’s possible to get free car insurance, you’re out of luck. But all discounts will help reduce your premiums.

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

Before buying, ask each insurance company which discounts they offer. All car insurance discounts may not be available everywhere.

Chrysler 200 premiums are determined by many factors

An important part of buying insurance is that you know the factors that come into play when calculating your insurance coverage rates. Having a good understanding of what determines base rates empowers consumers to make smart changes that could result in lower insurance coverage prices.

  • Higher safety ratings means cheaper insurance – Vehicles with good safety scores can get you lower premiums. Safer cars protect occupants better and any reduction in injury severity means less money paid by your insurance company and more competitive rates for policyholders. If your Chrysler 200 is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • 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 could be collision with another vehicle, damage from fire, and rolling your vehicle. Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket before a claim is paid by your company. The more you’re willing to pay, the less your insurance coverage will be for 200 insurance.
  • Traffic violations increase rates – A bad driving record has a huge affect on how much you pay. Good drivers get better rates than their less careful counterparts. Only having one moving violation can increase rates by twenty percent. If you have dangerous violations such as DWI, reckless driving or hit and run convictions may find they need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to prevent a license revocation.
  • Proper usage rating affects rates – The more miles you rack up on your Chrysler every year the more you’ll pay to insure your vehicle. Most companies apply a rate determined by how the vehicle is used. Cars not used for work or commuting can get a lower rate as compared to vehicles used primarily for driving to work. Ask your agent if your insurance coverage policy is rated on how each vehicle is driven, because it can save money. Incorrect usage on your 200 can cost quite a bit.
  • Your location is important – Living in less populated areas is a positive aspect when talking about insurance coverage. City drivers have more traffic problems and a longer drive to work. Fewer drivers means reduced accidents and also fewer theft and vandalism claims.
  • Don’t skimp on liability – Your policy’s liability coverage provides coverage in the event that you are found to be at fault for damages from an accident. It will provide you with a defense in court which can cost thousands of dollars. Liability is cheap as compared to coverage for physical damage, so do not cut corners here.

How much car insurance do I need?

When it comes to buying coverage, there is no single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance should reflect that For instance, these questions may help you determine if you could use an agent’s help.

  • Am I insured when driving a different vehicle?
  • Are my friends covered when driving my 2014 Chrysler 200?
  • Why am I required to get a high-risk car insurance policy?
  • Do I have coverage when pulling a U-Haul trailer?
  • Should I have combined single limit or split liability limits?
  • If I drive on a suspended license am I covered?

If you can’t answer these questions then you might want to talk to an agent. To find lower rates from a local agent, complete this form or click here for a list of car insurance companies in your area. It’s fast, free and may give you better protection.

Do drivers who switch really save?

Consumers get pounded daily by advertisements for car insurance savings by State Farm, GEICO and Progressive. All the ads make an identical promise about savings if you switch to their company.

How can each company make almost identical claims? This is how they do it.

Insurance companies have a certain “appetite” for the type of driver they prefer to insure. A good example of a driver they prefer might be between the ages of 40 and 55, has no tickets, and has excellent credit. Any driver who fits that profile will qualify for the lowest rates and is almost guaranteed to cut their rates substantially.

Potential insureds who do not match the requirements must pay more money and this can result in business going elsewhere. The ad wording is “customers who switch” not “everybody who quotes” save that much money. That’s why insurance companies can confidently advertise the way they do.

This illustrates why you should quote coverage with many companies. It is impossible to predict which insurance coverage company will have the lowest Chrysler 200 insurance rates.

Auto insurance coverages

Knowing the specifics of your policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy. Shown next are typical coverages found on the average auto insurance policy.

Comprehensive coverage – Comprehensive insurance coverage covers damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, damage from flooding, a tree branch falling on your vehicle, fire damage and vandalism. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverages – This will pay to fix damage to your 200 from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as sustaining damage from a pot hole, crashing into a building, hitting a parking meter and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Liability car insurance – This will cover damage or injury you incur to other’s property or people that is your fault. It protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like loss of income, pain and suffering, medical services, court costs and emergency aid. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses such as doctor visits, pain medications, hospital visits and nursing services. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is not available in all states and may carry a deductible

Uninsured/Underinsured Motorist coverage – This protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Chrysler 200.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Summing up your car insurance search

Cheap 2014 Chrysler 200 insurance can be found on the web and also from your neighborhood agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who may not provide the ability to get a quote online and most of the time these small insurance companies sell through independent agents.

While you’re price shopping online, you should never buy poor coverage just to save money. In many instances, an insured cut liability coverage limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your aim should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.

We’ve covered a lot of tips how to reduce insurance prices online. The most important thing to understand is the more rate quotes you have, the better your chances of lowering your rates. Consumers may even find the lowest rates come from a smaller regional carrier. Regional companies can often provide lower rates in certain areas than their larger competitors like State Farm and Allstate.

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