Compare 2002 Dodge Neon Car Insurance Cost

Looking for the cheapest insurance coverage rates for your Dodge Neon? Sick and tired of paying out the nose each month for car insurance? You’re in the same situation as millions of other consumers.

Numerous insurance companies battle to insure your vehicles, and it can be difficult to compare rates to find the absolute lowest price

It is always a good idea to shop coverage around every six months because prices tend to go up over time. Despite the fact that you may have had the lowest price on Neon insurance a few years ago a different company probably has better rates today. Don’t believe everything you read about insurance coverage on the web, but we’re going to give you some great ideas on how to find cheap insurance coverage.

Companies offer discounts so take them!

Insurance can be prohibitively expensive, but there are discounts available to help bring down the price. Certain discounts will be applied at quote time, but some may not be applied and must be specially asked for prior to getting the savings.

  • Federal Government Employee – Active or retired federal employment can earn a discount up to 10% on Neon insurance depending on your company.
  • New Vehicle Savings – Adding a new car to your policy can be considerably cheaper due to better safety requirements for new cars.
  • Senior Citizens – Mature drivers may receive better insurance rates on Neon insurance.
  • Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.
  • Low Mileage – Fewer annual miles on your Dodge could be rewarded with lower rates on the low mileage vehicles.
  • Auto/Home Discount – When you have multiple policies with one company you will save at least 10% off all policies.
  • Good Student – This discount can get you a discount of up to 25%. Earning this discount can benefit you until age 25.

Consumers should know that most of the big mark downs will not be given to the entire cost. Most only cut specific coverage prices like comprehensive or collision. So despite the fact that it appears you could get a free insurance policy, companies wouldn’t make money that way. But all discounts will bring down your premiums.

For a list of insurers with discount insurance rates, click this link.

How to Buy Car Insurance Online

Most major insurance companies give coverage price quotes on the web. Getting online rates is quite easy as you simply enter the amount of coverage you want as requested by the quote form. Once entered, the system sends out for your driving and credit reports and returns a price. Online quotes helps simplify price comparisons, but having to visit multiple sites and type in the same information gets old quite quickly. But it’s very important to get many rate quotes in order to find lower prices.

The quickest way to compare car insurance pricing uses one form to obtain quotes from several companies at one time. This type of form saves time, helps eliminate reptitive entry, and makes price shopping online much more enjoyable. Once the form is submitted, it gets priced and you can choose any or none of the quote results.

If a lower price is quoted, you can simply submit the application and buy the policy. The entire process takes just a few minutes to complete and you will find out if you’re overpaying now.

In order to compare pricing, click here to open in a new tab and submit your coverage information. If you have a policy now, it’s recommended you complete the form with deductibles and limits identical to your current policy. This helps ensure you will have a rate comparison using the same coverage and limits.

Dodge Neon insurance rates have many determining factors

Smart consumers have a good feel for some of the elements that help determine the price you pay for auto insurance. Knowing what determines base rates enables informed choices that can help you get big savings.

The following are some of the items auto insurance companies consider when setting your rates.

  • More miles equals more premium – The higher the mileage driven in a year’s time the more you will pay for auto insurance. The majority of insurers price each vehicle’s coverage determined by how the vehicle is used. Vehicles that are left in the garage can get a lower rate than vehicles that are driven to work every day. An improperly rated Neon may be costing you. Verify your auto insurance declarations sheet is rated on the correct usage for each vehicle, because it can save money.
  • Credit scores impact auto insurance rates – Credit rating is a important factor in calculating your auto insurance rates. Drivers who have excellent credit tend to be better drivers and file fewer claims than drivers with lower ratings. So if your credit can use some improvement, you could pay less to insure your 2002 Dodge Neon by spending a little time repairing your credit.
  • Safer cars cost less to insure – Cars with high safety ratings get lower rates. These vehicles have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims and thus lower rates. If your Dodge Neon earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Protect your assets with liability insurance – Liability insurance is the coverage that protects you when a court rules you are at fault for personal injury or accident damage. Liability insurance provides for a legal defense which can be incredibly expensive. Liability insurance is quite affordable compared to physical damage coverage, so do not skimp.
  • Men fork out a little more – The statistics show women are more cautious behind the wheel. However, don’t assume that men are WORSE drivers than women. They both are in accidents in similar numbers, but men cause more damage and cost insurance companies more money. Men also have more aggressive citations such as reckless driving.
  • Occupation reflects on rates – Occupations such as real estate brokers, social workers and dentists have the highest average rates due to job stress and long work hours. Other occupations such as farmers, historians and retirees get better rates on Neon insurance.
  • How your age affects price – Young drivers tend to be less responsible when behind the wheel so they pay higher auto insurance rates. Older insureds tend to be more responsible, tend to cause fewer accidents and are safer drivers.
  • Multi-policy discounts can save money – Some auto insurance companies give discounts to people who carry more than one policy, otherwise known as a multi-policy discount. Even if you’re getting this discount it’s still a good idea to compare other company rates to ensure the best deal. Drivers may still find better rates by insuring with multiple companies.

Do I just need basic coverages?

When choosing the best car insurance coverage, there really is not a perfect coverage plan. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that may help highlight if your situation might need an agent’s assistance.

  • Is a fancy paint job covered?
  • Do I benefit by insuring my home with the same company?
  • Does coverage extend to Mexico or Canada?
  • Does my car insurance cover rental cars?
  • Does my personal policy cover me when driving out-of-state?
  • Which is better, split liability limits or combined limits?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Can I still get insurance after a DUI?
  • Will I be non-renewed for getting a DUI or other conviction?

If it’s difficult to answer those 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.

Coverages available on your insurance policy

Knowing the specifics of your insurance policy can be of help when determining the right coverages and proper limits and deductibles. Insurance terms can be difficult to understand and coverage can change by endorsement. Listed below are typical coverages available from insurance companies.

Liability coverages

This coverage will cover damage that occurs to a person or their property by causing an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Another option is one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like structural damage, medical services, legal defense fees, emergency aid and court costs. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision protection

Collision coverage covers damage to your Neon from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as crashing into a building, sustaining damage from a pot hole and backing into a parked car. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Comprehensive protection

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, fire damage and theft. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as doctor visits, X-ray expenses, EMT expenses, dental work and hospital visits. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Dodge Neon.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Normally the UM/UIM limits are similar to your liability insurance amounts.

Money doesn’t grow on trees

While you’re price shopping online, don’t be tempted to skimp on critical coverages to save a buck or two. There are a lot of situations where drivers have reduced uninsured motorist or liability limits and learned later that the few dollars in savings costed them thousands. Your aim should be to get the best coverage possible for the lowest price.

You just read many ways to get a better price on 2002 Dodge Neon insurance. The key concept to understand is the more rate comparisons you have, the higher your chance of finding lower rates. You may even find the lowest rates come from an unexpected company. They may only write in your state and offer lower rates as compared to the big name companies such as Allstate, Geico and Progressive.

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