How Much Does 2004 Chrysler Pacifica Insurance Cost?

Looking for the cheapest insurance coverage rates for your Chrysler Pacifica? Tired of trying to scrape together enough money to insure your Chrysler every month? You are in the same boat as many other drivers.

Drivers have multiple insurance companies to purchase coverage from, and even though it’s nice to have a selection, it makes it harder to compare rates.

The purpose of this article is to familiarize you with the most effective way to quote insurance and some tricks to saving. If you currently have a car insurance policy, you will most likely be able to cut costs considerably using these methods. Although car owners need to learn the way insurance companies market insurance on the web and use this information to your advantage.

Lesser-known factors impacting Chrysler Pacifica insurance rates

An important part of buying insurance is that you know the rating factors that play a part in calculating insurance rates. Having a good understanding of what impacts premium levels helps enable you to make changes that could result in better insurance rates.

Shown below are some of the factors that factor into premiums.

  • Males pay more for insurance – Statistics demonstrate women are more cautious behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Women and men have accidents in similar numbers, but the men cause more damage. Men also statistically get cited for more serious violations like reckless driving and DUI. Young males are most likely to cause an accident and therefore are the most expensive to insure.
  • Being married can save on insurance – Being married can get you a discount on your policy. It is viewed as being more responsible and statistics show married drivers get in fewer accidents.
  • Rates may be higher depending on your occupation – Careers like doctors, social workers and dentists have the highest average rates in part from high stress and lengthy work days. Other professions such as farmers, historians and the unemployed get better rates for Pacifica coverage.
  • Liability insurance protects assets – Liability coverage is the coverage that protects you when you are found liable for damages caused by your negligence. Liability provides legal defense which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so do not skimp.
  • Lower miles equals lower premium – The more you drive each year the more you will pay for insurance. The majority of insurers price each vehicle’s coverage determined by how the vehicle is used. Cars and trucks not used for work or commuting get more affordable rates as compared to vehicles used primarily for driving to work. An improperly rated Pacifica may be costing you. Ask your agent if your insurance policy shows the correct driver usage.
  • Traffic violations increase rates – Only having one speeding ticket can bump up the cost by twenty percent. Drivers who don’t get tickets tend to pay less for car insurance compared to drivers with tickets. Drivers with flagrant tickets such as DUI or reckless driving are required to submit a SR-22 form with their state DMV in order to keep their license.

Policy discounts you shouldn’t miss

The cost of insuring your cars can be expensive, but you can get discounts that many people don’t even know exist. Certain discounts will be applied at the time you complete a quote, but lesser-known reductions have to be specifically requested before they will apply.

  • New Car Discount – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts up to 30%.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
  • Defensive Driver – Taking a course in driver safety could save 5% or more if you qualify.
  • Low Mileage – Fewer annual miles on your Chrysler could qualify for discounted rates on garaged vehicles.
  • College Student – Youth drivers who live away from home and don’t have a car may qualify for this discount.
  • Save over 55 – If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums for Pacifica coverage.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to enroll in driver’s education if it’s offered in school.
  • Pay Upfront and Save – By paying your policy upfront rather than paying monthly you could save up to 5%.
  • Theft Prevention Discount – Anti-theft and alarm systems can help prevent theft and therefore earn up to a 10% discount.

It’s important to understand that most credits do not apply to all coverage premiums. Most only apply to specific coverage prices like medical payments or collision. Just because it seems like you would end up receiving a 100% discount, you won’t be that lucky. But all discounts will help reduce the amount you have to pay.

Car insurance companies that may offer these money-saving discounts include:

Check with each insurance company how you can save money. Discounts may not be available in your area.

Save $446 a year? Really?

Geico, State Farm and Progressive consistently run ads on TV and radio. All the companies have a common claim that you can save if you change to their company. How do they all make almost identical claims? It’s all in the numbers.

Different companies have a certain “appetite” for the driver that makes them money. For instance, a desirable insured might be profiled as a mature driver, has no prior claims, and has great credit. Any driver who matches those parameters is entitled to the best price and as a result will probably save when they switch companies.

Drivers who are not a match for the requirements must pay higher prices which leads to business not being written. The ads state “customers who switch” but not “drivers who get quotes” save that kind of money. That’s the way companies can truthfully advertise the way they do.

This illustrates why it is so important to quote coverage with many companies. It’s impossible to know the company that will have the lowest Chrysler Pacifica insurance rates.

Insurance agents can help

When it comes to choosing coverage for your vehicles, there really is no single plan that fits everyone. Every insured’s situation is different so this has to be addressed. These are some specific questions might point out whether or not you might need professional guidance.

  • Who is covered when they drive my 2004 Chrysler Pacifica?
  • Can I rate high risk drivers on liability-only vehicles?
  • Is business property covered if stolen from my car?
  • Do I need more liability coverage?
  • Does my policy cover my teen driver if they drive my company car?
  • Does my policy cover me when driving someone else’s vehicle?

If you can’t answer these questions, you may need to chat with an agent. To find an agent in your area, complete this form or click here for a list of insurance coverage companies in your area.

Auto insurance 101

Learning about specific coverages of your insurance policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. Below you’ll find the usual coverages available from insurance companies.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for expenses for things like prosthetic devices, chiropractic care and nursing services. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Coverage for liability

Liability coverage provides protection from injuries or damage you cause to people or other property. This insurance protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as bail bonds, loss of income, attorney fees and medical expenses. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from getting keyed, damage from a tornado or hurricane, vandalism, hitting a bird and rock chips in glass. The highest amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Chrysler Pacifica.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time the UM/UIM limits are set the same as your liablity limits.

Collision protection

Collision insurance covers damage to your Pacifica resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as crashing into a ditch, colliding with another moving vehicle, sustaining damage from a pot hole, hitting a mailbox and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

And the best car insurance company is…

You just learned some good ideas how to reduce 2004 Chrysler Pacifica insurance prices online. The key concept to understand is the more you quote, the higher the chance of saving money. Consumers could even find that the lowest premiums are with the smaller companies. These companies may only write in your state and offer lower rates compared to the large companies like Allstate and Progressive.

Cheap insurance is definitely available both online as well as from independent agents, so you should compare both to have the best chance of lowering rates. Some auto insurance companies don’t offer online price quotes and most of the time these regional insurance providers sell through independent agents.

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