Cheaper 2001 Dodge Stratus Car Insurance Rates

Trying to find the cheapest car insurance rates for your Dodge Stratus? Tired of being strong-armed to insure your Dodge every month? You are in the same boat as many other drivers.

Lots of insurance companies contend for your hard-earned dollar, and because of this it can be hard to compare insurers to find the absolute best rates possible.

It’s smart to price shop coverage every six months because insurance rates go up and down regularly. Even if you think you had the best deal for Stratus insurance a year ago there is a good chance you can find better rates now. Block out anything you think you know about car insurance because we’re going to demonstrate how to use the internet to save money, get proper deductibles and limits, all at the lowest rate.

Discounts can save BIG

Auto insurance companies do not list all available discounts in a way that’s easy to find, so we break down some of the more common and the harder-to-find auto insurance savings.

  • Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Multi-policy Discount – If you have multiple policies with the same insurance company you will save at least 10% off all policies.
  • Student Driver Training – Have your child successfully complete driver’s ed class if offered at their school.
  • Claim Free – Claim-free drivers pay much less as compared to frequent claim filers.
  • Federal Employees – Being employed by or retired from a federal job could cut as much as 10% off for Stratus insurance with a few auto insurance companies.
  • Driver Safety – Successfully completing a driver safety course could cut 5% off your bill if you qualify.
  • Discount for Swiching Early – Some companies give discounts for switching to them before your current policy expires. The savings is around 10%.
  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy qualifies for this discount.

A little note about advertised discounts, many deductions do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as medical payments or collision. Just because it seems like you can get free auto insurance, auto insurance companies aren’t that generous.

Companies that possibly offer these money-saving discounts are:

Before buying, ask every prospective company which discounts you may be entitled to. Discounts may not be available in every state.

Will just any policy work for me?

When buying the best car insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Everyone’s situation is a little different so this has to be addressed. For example, these questions can aid in determining if your situation might need professional guidance.

  • What should my uninsured motorist coverage limits be in my state?
  • Is rental equipment covered for theft or damage?
  • What is PIP insurance?
  • Do I need more liability coverage?
  • Why does it cost so much to insure a teen driver?
  • Am I covered when driving someone else’s vehicle?
  • I have good health insurance, so how much medical payments coverage do I need?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Misconceptions in car insurance advertisements

Car insurance providers like Progressive, Allstate and Geico continually stream television and radio advertisements. They all make an identical promise that you can save after switching to them. How does each company make almost identical claims?

Different companies have a preferred profile for the type of driver that makes them money. A good example of a profitable customer could possibly be between the ages of 40 and 55, has no prior claims, and has a short commute. Any new insured who fits that profile gets the lowest rates and most likely will save a lot of money.

Drivers who fall outside the requirements must pay a more expensive rate and ends up with business going elsewhere. The ads state “customers who switch” not “people who quote” save that much. That’s the way companies can truthfully claim big savings. This illustrates why you should quote coverage with many companies. It’s just too difficult to predict which insurance companies will have the lowest Dodge Stratus insurance rates.

Insurance policy coverages for a 2001 Dodge Stratus

Learning about specific coverages of your policy helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the usual coverages offered by insurance companies.

Liability coverage

Liability coverage will cover damage or injury you incur to people or other property that is your fault. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 that translate to $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 claims like medical services, structural damage, loss of income, bail bonds and court costs. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

UM/UIM Coverage

This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for immediate expenses for prosthetic devices, funeral costs, doctor visits and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Collision coverage protection

This coverage covers damage to your Stratus resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like colliding with another moving vehicle, sideswiping another vehicle, scraping a guard rail, colliding with a tree and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

This coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like vandalism, hail damage and theft. The maximum payout your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Shop. Compare. Save.

You just read a lot of techniques to reduce 2001 Dodge Stratus insurance prices online. It’s most important to understand that the more you quote, the better chance you’ll have of finding lower rates. Consumers may even find the lowest rates come from the least-expected company. These companies can often provide lower rates in certain areas as compared to the big name companies such as State Farm or Progressive.

When buying insurance coverage, do not reduce needed coverages to save money. There are many occasions where someone sacrificed collision coverage and discovered at claim time they didn’t have enough coverage. The ultimate goal is to find the BEST coverage at the best price while still protecting your assets.

Additional information can be found at the links below