Compare 2008 Dodge Magnum Car Insurance Rates

Finding better insurance prices for your Dodge Magnum can be difficult, but you can use the following methods and make it easy. There is a better way to find car insurance online and we’ll show you the quickest way to get price quotes on a Dodge and find the lowest possible price from local insurance agents and online providers.

These discounts can slash insurance rates

Companies that sell car insurance don’t always advertise every discount very well, so the following is a list of both well-publicized as well as the least known ways to save on insurance. If you don’t get every credit possible, you are throwing money away.

  • Military Rewards – Having a deployed family member can result in better rates.
  • No Charge for an Accident – A handful of insurance companies permit an accident before raising your premiums if you are claim-free for a set time period.
  • Employee of Federal Government – Simply working for the federal government can save as much as 8% for Magnum insurance with a few insurance companies.
  • Drive Less and Save – Driving fewer miles could qualify for lower rates on the low mileage vehicles.
  • Payment Method – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
  • Resident Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.

A little note about advertised discounts, some of the credits will not apply the the whole policy. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, it just doesn’t work that way.

To see a list of insurers with the best insurance discounts, click this link.

Dodge Magnum insurance rates consist of many parts

Smart consumers have a good feel for the factors that help determine the price you pay for auto insurance. Understanding what influences your rates helps enable you to make changes that will entitle you to much lower annual insurance costs.

  • Never allow your policy to lapse – Having an insurance coverage lapse is a guaranteed way to pay more for auto insurance. And not only will insurance be more expensive, getting caught without coverage can result in a revoked license or a big fine.
  • More people means more accidents – Being located in a rural area is a positive aspect when buying auto insurance. Urban drivers have to deal with more traffic problems and a longer drive to work. Less people living in that area translates into fewer accidents and a lower car theft rate.
  • Extra coverages can waste money – There are a lot of extra coverages that can waste your money on your 2008 Magnum policy. Coverages for rental car reimbursement, accident forgiveness and motor club memberships are examples of these. They may seem like a good idea when you first buy your policy, but if you don’t need them eliminate them to save money.
  • Drive a safer car and pay less – Vehicles with good safety scores get lower rates. Safe vehicles have better occupant injury protection and better occupant protection translates into savings for insurance companies and more competitive rates for policyholders. If your Dodge Magnum has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Rates may be higher depending on your occupation – Did you know your occupation can influence how much you pay for auto insurance? Occupations like judges, social workers and dentists have the highest average rates in part from high stress and long work hours. Other occupations like actors, historians and performers get better rates for Magnum insurance.
  • How’s your driving record? – A bad driving record impacts your car insurance rates tremendously. Good drivers have lower premiums than bad drivers. Only having one citation can increase rates forty percent or more. If you have serious violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 form to the state department of motor vehicles in order to continue driving.

When might I need the advice of an agent?

When buying coverage for your personal vehicles, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

For example, these questions may help you determine if you could use an agent’s help.

  • Should I rate my 2008 Dodge Magnum as pleasure use or commute?
  • Am I covered if I hit a deer?
  • Can I afford low physical damage deductibles?
  • When would I need additional glass coverage?
  • Is my teenager covered with friends in the car?
  • Will my rates increase for filing one claim?
  • Am I insured when driving a different vehicle?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and may give you better protection.

Learn about car insurance coverages for a 2008 Dodge Magnum

Learning about specific coverages of car insurance helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Medical costs insurance – Med pay and PIP coverage reimburse you for expenses for rehabilitation expenses, dental work and pain medications. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from getting keyed, damage from flooding, vandalism and hitting a bird. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

UM/UIM Coverage – This coverage provides protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Dodge Magnum.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Collision coverages – This coverage covers damage to your Magnum 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 such as damaging your car on a curb, scraping a guard rail, rolling your car, sustaining damage from a pot hole and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Liability coverage – This coverage provides protection from damage or injury you incur to other people or property by causing an accident. It protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability insurance covers claims like medical services, bail bonds and attorney fees. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

More quotes mean more savings

You just read some good ideas how to save on 2008 Dodge Magnum insurance. The key thing to remember is the more rate quotes you have, the better your comparison will be. Drivers may discover the lowest premiums are with the smaller companies.

Cost effective insurance is available on the web as well as from independent agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who don’t offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

When you buy insurance online, never buy poor coverage just to save money. In too many instances, consumers will sacrifice full coverage and found out when filing a claim they didn’t purchase enough coverage. The ultimate goal is to purchase a proper amount of coverage at the best price while still protecting your assets.

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