No one in their right mind cherishes buying insurance, especially when the price is too high.
Many insurers vie for your insurance dollar, and it can be difficult to compare rates and get the best coverage at the lowest price
The price of auto insurance can be rather high, but there could be available discounts to help offset the cost. Larger premium reductions will be automatically applied when you quote, but lesser-known reductions have to be inquired about before being credited.
It’s important to note that most discounts do not apply to the entire cost. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think you can get free auto insurance, companies wouldn’t make money that way. But all discounts will help reduce the cost of coverage.
A partial list of companies that may offer these discounts are:
It’s a good idea to ask all companies you are considering which discounts they offer. Savings might not be offered in your area.
An important part of buying insurance is that you know the factors that come into play when calculating the rates you pay for insurance coverage. When you know what positively or negatively controls the rates you pay helps enable you to make changes that can help you get lower insurance coverage prices.
When it comes to buying the right insurance coverage for your vehicles, there really is no single plan that fits everyone. Every situation is different so your insurance needs to address that. These are some specific questions may help you determine whether your personal situation will benefit from professional help.
If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.
Companies like Allstate, Geico and Progressive consistently run television and radio advertisements. All the ads make the same claim about savings if you change to their company. But how can every company make almost identical claims? This is how they do it.
Different companies can use profiling for the type of driver that makes them money. An example of a desirable insured could be between the ages of 40 and 55, insures multiple vehicles, and has great credit. Any new insured who matches those parameters will get very good rates and therefore will cut their rates substantially.
Drivers who fall outside this ideal profile will be charged higher premiums and this can result in the customer not buying. The ad wording is “customers that switch” but not “drivers who get quotes” save that kind of money. That’s the way companies can advertise the way they do.
That is why it’s extremely important to get a wide range of price quotes. It is impossible to predict the company that will give you the biggest savings on Dodge Neon insurance.
Learning about specific coverages of your policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the usual coverages found on most insurance policies.
Comprehensive insurance
This will pay to fix damage that is not covered by collision coverage. 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 damage from flooding, a broken windshield, rock chips in glass, theft and hitting a deer. The maximum payout your insurance company will pay 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.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as X-ray expenses, EMT expenses and rehabilitation expenses. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. It covers you and your occupants and will also cover getting struck while a pedestrian. PIP is not available in all states and may carry a deductible
Collision coverage protection
This covers damage to your Neon from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision can pay for claims like scraping a guard rail, hitting a mailbox and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.
Liability coverage
Liability insurance protects you from damage that occurs to other’s property or people that is your fault. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.
Liability insurance covers things like funeral expenses, structural damage, bail bonds and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.
Uninsured/Underinsured Motorist (UM/UIM)
This protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your Dodge Neon.
Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Frequently the UM/UIM limits are set the same as your liablity limits.
As you restructure your insurance plan, don’t be tempted to buy less coverage just to save a little money. In too many instances, an accident victim reduced full coverage and learned later they didn’t have enough coverage. The aim is to buy enough coverage for the lowest price.
Cheap 1997 Dodge Neon insurance can be purchased both online in addition to many insurance agents, so you should compare both to have the best selection. A few companies do not provide online price quotes and these small, regional companies work with independent agents.