2015 Chrysler 300 Insurance Quotes – 5 Ways to Save

Searching for lower insurance rates? Consumers have lots of choices when looking for the lowest priced Chrysler 300 insurance. You can either spend your time struggling with agents trying to get quotes or save time using the internet to find the lowest rates.

There is a right way and a wrong way to find insurance online so you’re going to learn the best way to compare rates for your Chrysler and locate the lowest possible price.

It’s a great practice to do rate comparisons quite often because rates tend to go up over time. Even if you got the lowest price for 300 insurance two years ago there is a good chance you can find better rates now. Forget anything you know (or think you know) about insurance because you’re about to learn the proper way to lower your rates without sacrificing coverage.

Do you qualify for these five discounts?

The price of auto insurance can be rather high, but there could be available discounts that you may not even be aware of. Some trigger automatically when you complete an application, but some may not be applied and must be specially asked for before they will apply. If you don’t get every credit you qualify for, you are paying more than you should be.

  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes prevent accidents and therefore earn up to a 10% discount.
  • Life Insurance – Some companies give lower rates if you buy auto and life insurance together.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Chrysler can qualify you for better rates on cars that stay parked.
  • Paperwork-free – Certain companies will give a small break simply for signing online.
  • 55 and Retired – If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums for 300 insurance.

Consumers should know that some credits don’t apply to the entire cost. Some only apply to specific coverage prices like liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, companies don’t profit that way. Any qualifying discounts will bring down the cost of coverage.

Insurance companies that possibly offer these discounts include:

It’s a good idea to ask every prospective company which discounts they offer. Some discounts may not be available in your state.

Don’t assume everyone needs the same coverage

When choosing coverage for your personal vehicles, there really is not a “best” method to buy coverage. Every situation is different.

For example, these questions might help in determining if you would benefit from professional advice.

  • Do I have coverage when pulling a U-Haul trailer?
  • What happens if I owe more than my 2015 Chrysler 300 is worth?
  • Is my babysitter covered when using my vehicle?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Do I need roadside assistance coverage?
  • Is rental equipment covered for theft or damage?
  • Do I pay less if my vehicle is kept in my garage?

If you can’t answer these questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, doesn’t cost anything and may give you better protection.

Car insurance 101

Having a good grasp of your insurance policy aids in choosing which coverages you need for your vehicles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Liability insurance – Liability insurance protects you from damages or injuries you inflict on people or other property by causing an accident. This coverage protects you from legal claims by others. It does not 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. You commonly see limits of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability can pay for things such as funeral expenses, medical expenses, medical services, bail bonds and court costs. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Chrysler 300.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits are similar to your liability insurance amounts.

Collision coverage – Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as crashing into a ditch, hitting a parking meter, driving through your garage door and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.

Comprehensive insurance – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, a broken windshield, a tree branch falling on your vehicle and hitting a bird. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like hospital visits, EMT expenses and pain medications. They are used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

One last thing about your coverage

As you prepare to switch companies, do not sacrifice coverage to reduce premiums. Too many times, someone dropped physical damage coverage only to find out they didn’t have enough coverage. Your focus should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Insureds switch companies for many reasons like extreme rates for teen drivers, delays in paying claims, policy non-renewal or not issuing a premium refund. Regardless of your reason for switching companies, finding a new company is easier than you think.

Throughout this article, we presented quite a bit of information on how to lower your 2015 Chrysler 300 insurance rates. The key concept to understand is the more rate quotes you have, the better likelihood of reducing your rate. You may be surprised to find that the best prices are with a small local company.

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