Lower Your 2013 Dodge SRT Viper Insurance Rates

Searching for better auto insurance rates for your Dodge SRT Viper? Scraping up a payment for overpriced Dodge SRT Viper insurance can overdraw your checking account and put a big crunch on your finances. Shopping your coverage around is a great way to lower your monthly bill.

Many insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurance companies and uncover the absolute lowest price

Consumers need to price shop coverage every six months due to the fact that insurance rates are rarely the same from one policy term to another. If you had the best rates for SRT Viper insurance a couple years back a different company probably has better rates today. Don’t believe everything you read about auto insurance on the web, but by reading this article, you’re going to learn some tested techniques to find affordable auto insurance.

Compare the Market for Auto Insurance

There are a lot of ways to compare auto insurance quotes, but one way is more efficient than others. You can spend countless hours talking to local insurance agents in your area, or you can utilize online quoting to achieve your goal.

The majority of car insurance companies belong to an insurance system that allows shoppers to submit one quote, and each participating company returns a rated price determined by their information. This eliminates the need for quotation requests for each company you want a rate for.

To participate in this free quote system, click to open in new window.

The only drawback to using this type of form is that you can’t choose the insurers to get pricing from. If you wish to select specific insurance companies to compare, we put together a list of the cheapest auto insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but make sure you use identical coverage limits and deductibles for every quote you compare. If you are comparing different limits and deductibles on each one it will be next to impossible to truly determine the lowest rate. Having just a slight variation in coverage limits may result in large price differences. And when comparing auto insurance rates, know that having more price comparisons helps locate the best offered rates.

Cut your insurance rates with discounts

Car insurance companies do not list every discount in a way that’s easy to find, so the following is a list of both the well known and also the lesser-known insurance savings.

  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
  • Resident Student – Youth drivers who are attending college and do not have access to a covered vehicle can receive lower rates.
  • Military Rewards – Being deployed with a military unit can result in better rates.
  • Student Driver Training – Require your teen driver to take driver’s ed class if it’s offered in school.
  • Sign Early and Save – Some insurance companies reward drivers for switching policies prior to your current policy expiring. It can save you around 10%.
  • More Vehicles More Savings – Insuring multiple cars or trucks on the same insurance policy could earn a price break for each car.
  • Passive Restraint Discount – Vehicles with factory air bags can receive discounts of more than 20%.
  • Safe Drivers – Safe drivers may receive a discount up to 45% less for SRT Viper insurance than drivers with accidents.
  • Auto/Home Discount – If you insure your home and vehicles with one insurance company you may earn approximately 10% to 15%.

Consumers should know that many deductions do not apply to the entire policy premium. Most only cut specific coverage prices like physical damage coverage or medical payments. So when the math indicates you can get free auto insurance, companies wouldn’t make money that way.

Insurance companies that possibly offer these discounts include:

It’s a good idea to ask each insurance company how you can save money. Some discounts may not apply everywhere.

Dodge SRT Viper rates are complex

It’s important that you understand the rating factors that go into determining insurance rates. Having a good understanding of what determines base rates helps enable you to make changes that could result in big savings.

Listed below are a partial list of the pieces that factor into premiums.

  • Older drivers pay less – Teen drivers tend to be less responsible behind the wheel so insurance rates are higher. Adding a youthful driver onto your insurance can be quite pricey. Older drivers tend to be more responsible, file fewer claims and tend to be better behind the wheel.
  • Big city or small town – Residing in small towns and rural areas can save you money when talking about insurance. City drivers tend to have traffic congestion and much longer commute distances. Fewer people means fewer accidents and a lower car theft rate.
  • Women pay lower rates – Statistics show women tend to be less risk to insure than men. However, don’t assume that men are WORSE drivers than women. They both are in accidents at about the same rate, but the males cause more damage and cost insurance companies more money. They also get more serious tickets such as reckless driving.
  • Optional equipment can affect rates – Driving a car with anti-theft technology or alarm system can get you a discount on your insurance. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your car from being stolen.
  • Don’t skimp on liability – Liability coverage will protect you if a court rules you are at fault for causing damage or personal injury in an accident. Liability provides for a legal defense starting from day one. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not skimp.
  • More claims means more premium – If you frequently file small claims, you can definitely plan on either higher rates or even cancellation. Car insurance companies provide discounts to people who do not file claims often. Car insurance is intended for major claims that would cause financial hardship.
  • Credit scores impact insurance rates – Your credit score is a large factor in calculating your insurance rates. If your credit is lower than you’d like, you could save money insuring your 2013 Dodge SRT Viper by spending a little time repairing your credit. People with excellent credit tend to be more responsible as compared to drivers with poor credit.

You are unique and your insurance coverage should be too

When it comes to buying proper insurance coverage, there really is not a “best” method to buy coverage. Each situation is unique and your policy should reflect that. For instance, these questions can help discover if you might need professional guidance.

  • Am I covered when pulling a rental trailer?
  • Should I buy more coverage than the required minimum liability coverage?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I covered if my car is in a flood?
  • I have a DUI can I still get coverage?
  • How high should deductibles be on a 2013 Dodge SRT Viper?
  • What is the rate difference between pleasure use and commuting?
  • Am I covered when using my vehicle for business?
  • Am I covered when delivering products for my home-based business?
  • Does coverage extend to my business vehicle?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Drivers who switch save $444 a year? Really?

Auto insurance companies such as Progressive, Geico, Allstate and State Farm continually stream ads on TV and radio. They all seem to make an identical promise that you can save after switching your coverage to them. How does each company claim to save you money?

All companies can use profiling for the right customer that makes them money. For example, a profitable customer might be between 30 and 50, is a homeowner, and drives less than 7,500 miles a year. A customer getting a price quote who meets those qualifications will get the preferred rates and most likely will save when switching.

Potential insureds who don’t qualify for the requirements must pay higher prices which leads to business not being written. The ads say “people who switch” not “people who quote” save that kind of money. That’s why insurance companies can confidently make those claims. This illustrates why you need to get quotes from several different companies. It’s just too difficult to predict the company that will fit your personal profile best.

Information about specific coverages

Knowing the specifics of your insurance policy helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on the average insurance policy.

Collision coverages – This coverage pays for damage to your SRT Viper resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as driving through your garage door, crashing into a building and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from vehicles that are older. Another option is to choose a higher deductible to bring the cost down.

Comprehensive coverage – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like hitting a deer, a tree branch falling on your vehicle, vandalism, rock chips in glass and theft. The highest amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability car insurance – This provides protection from damage or injury you incur to other people or property that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims like medical services, pain and suffering and court costs. How much coverage you buy is a personal decision, but buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP – Med pay and PIP coverage pay for immediate expenses like EMT expenses, doctor visits, prosthetic devices, X-ray expenses and nursing services. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Better coverage you can count on

Cheap 2013 Dodge SRT Viper insurance is available on the web and with local insurance agents, and you need to price shop both to get a complete price analysis. Some insurance companies do not offer the ability to get a quote online and these regional insurance providers work with independent agents.

You just learned a lot of tips how to reduce insurance prices online. The key concept to understand is the more providers you compare, the better likelihood of reducing your rate. You may be surprised to find that the most savings is with some of the lesser-known companies. Some small companies may have significantly lower rates on certain market segments than their larger competitors like Progressive or Geico.

As you prepare to switch companies, you should never reduce needed coverages to save money. In too many instances, someone sacrificed physical damage coverage and found out when filing a claim that the few dollars in savings costed them thousands. The ultimate goal is to purchase plenty of coverage at the best price while not skimping on critical coverages.

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