Compare 2004 Chrysler 300M Car Insurance Quotes

Saving money on auto insurance is a challenge for consumers not familiar with buying insurance online. People have so many companies to choose from that it can quickly become a real hassle to compare prices.

It’s a good habit to do rate comparisons at least once a year since rates are variable and change quite frequently. Just because you found the best deal on 300M insurance two years ago you may be paying too much now. So just forget all the misinformation about auto insurance because I’m going to teach you one of the easiest ways to save on auto insurance.

Don’t overlook these discounts

Insurance can be prohibitively expensive, but there are discounts available to help bring down the price. A few discounts will automatically apply at the time of purchase, but a few need to be requested specifically prior to receiving the credit.

  • Discount for New Cars – Adding a new car to your policy can save up to 30% because new vehicles have to meet stringent safety requirements.
  • E-sign – Some insurance companies may give you up to $50 for buying your policy on their website.
  • Military Rewards – Being on active duty in the military could be rewarded with lower premiums.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy qualifies for this discount.
  • Safe Drivers – Safe drivers may save up to 50% more on 300M insurance than less cautious drivers.
  • No Charge for an Accident – Certain companies permit an accident before your rates go up as long as you don’t have any claims for a certain period of time.
  • Fewer Miles Equal More Savings – Driving fewer miles can earn a substantially lower rate.
  • Braking Control Discount – Vehicles equipped with ABS or steering control are safer to drive and earn discounts up to 10%.
  • No Accidents – Claim-free drivers can earn big discounts when compared with accident-prone drivers.
  • Discount for Life Insurance – Companies who offer life insurance give better rates if you take out a life insurance policy as well.

As a disclaimer on discounts, some credits don’t apply to all coverage premiums. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way. Any qualifying discounts will help reduce the cost of coverage.

To see a list of companies offering insurance discounts, click this link.

How to Buy Auto Insurance Online

All major auto insurance companies allow you to get prices on the web. This process doesn’t take much effort as you just enter the amount of coverage you want as requested by the quote form. Behind the scenes, their system collects your credit score and driving record and generates pricing information determined by many factors.

This simplifies rate comparisons, but the time required to go to each company’s website and repetitively enter the same data into a form can get tiresome after awhile. But it’s absolutely necessary to have as many quotes as possible if you are searching for the best price on auto insurance.

A less time-consuming method to get multiple rate quotes utilizes a single form that gets price quotes from a bunch of companies at once. The form is fast, eliminates form submissions, and makes online quotes much more enjoyable. As soon as you send your information, it is quoted with multiple companies and you can pick any or none of the pricing results.

If the quotes result in lower rates, you simply finish the application and purchase the new policy. It can be completed in a matter of minutes and could lower your rates considerably.

To find out if lower rates are available, click here to open in a new tab and complete the simple form. If you currently have coverage, we recommend you complete the form with the coverage information exactly as shown on your declarations page. This helps ensure you’re receiving a fair comparison using the exact same coverages.

Is my situation unique?

When it comes to buying coverage, there really is not a cookie cutter policy. Each situation is unique.

For instance, these questions may help highlight whether your personal situation would benefit from an agent’s advice.

  • Are there companies who specialize in insuring high-risk drivers?
  • Am I covered if I crash into my own garage door?
  • Do I need more liability coverage?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • When would I need additional glass coverage?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is my teenager covered with friends in the car?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form.

Insurance policy coverages for a 2004 Chrysler 300M

Knowing the specifics of your insurance policy can help you determine the right coverages for your vehicles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these coverages are identical to your policy’s liability coverage.

Collision protection

This coverage covers damage to your 300M from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as colliding with another moving vehicle, driving through your garage door, crashing into a building and damaging your car on a curb. Collision coverage makes up a good portion of your premium, 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 coverage

This coverage can cover injuries or damage you cause to other people or property. It protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as funeral expenses, medical expenses and structural damage. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Comprehensive coverage (or Other than Collision)

This coverage covers damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like rock chips in glass, hitting a bird, hail damage, damage from flooding and falling objects. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for bills for chiropractic care, doctor visits and funeral costs. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Final considerations

You just learned many ways to lower your 2004 Chrysler 300M insurance rates. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding lower rates. Drivers may discover the biggest savings come from the smaller companies.

When trying to cut insurance costs, never skimp on coverage in order to save money. There have been many cases where an accident victim reduced liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to get the best coverage possible for the lowest price while still protecting your assets.

Insureds who switch companies do it for any number of reasons including high rates after DUI convictions, an unsatisfactory settlement offer, policy cancellation and being labeled a high risk driver. Whatever your reason, finding the right insurance provider is not as difficult as it may seem.

Much more information about insurance is available on the following sites: