It’s safe to assume that car insurance companies want to prevent you from shopping around. Insureds who shop around for cheaper price quotes are very likely to switch companies because there are good odds of finding a more affordable policy premium. A recent insurance study revealed that drivers who regularly shopped around saved an average of $3,500 over four years compared to policyholders who never compared rates.
If saving money on auto insurance in Indianapolis is your ultimate objective, knowing the best way to shop and compare coverage rates can help you succeed in saving money.
If saving the most money is your goal, then the best way to find low-cost prices for Dodge Stratus insurance in Indianapolis is to compare prices regularly from providers who can sell car insurance in Indiana. You can compare prices by completing these steps.
- Get a basic knowledge of how auto insurance works and the modifications you can make to prevent high rates. Many rating criteria that drive up the price such as inattentive driving and a low credit score can be eliminated by improving your driving habits or financial responsibility.
- Quote rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from one company like Progressive or State Farm, while independent agencies can provide rate quotes for a wide range of insurance providers.
- Compare the new quotes to your current policy and determine if there is any savings. If you find a better price and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Provide adequate notice to your current company of your decision to cancel the current policy and submit a down payment along with a signed application to your new agent or company. As soon as you can, place your new certificate verifying proof of insurance in an accessible location in your vehicle.
One thing to remember is to try to use the same coverage limits and deductibles on every price quote and and to get price estimates from as many car insurance companies as possible. Doing this enables an apples-to-apples comparison and maximum price selection.
The majority of larger companies such as Progressive, GEICO, Allstate and State Farm allow consumers to get prices directly from their websites. Getting online quotes for Dodge Stratus insurance in Indianapolis is very simple as you just enter your coverage preferences into the quote form. Upon sending the form, the company’s rating system sends out for your driving record and credit report and generates pricing information based on these factors.
Quoting online for Dodge Stratus insurance in Indianapolis makes it a lot easier to compare rates and it’s absolutely necessary to get many rate quotes if you want to get the cheapest price.
To save time and compare pricing, take a look at the companies shown below. If you currently have coverage, we recommend you copy coverages and limits as shown on your current policy. Doing this assures you’re receiving a rate comparison based on the exact same insurance coverage.
The providers in the list below offer comparison quotes in Indiana. If multiple companies are shown, it’s highly recommended you visit as many as you can to get the most competitive price.
Three reasons to insure your Dodge vehicle
Despite the fact that car insurance is not cheap in Indianapolis, buying car insurance is most likely required but also gives you several important benefits.
First, just about all states have compulsory liability insurance requirements which means you are required to carry specific limits of liability coverage in order to get the vehicle licensed. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you bought your car with a loan, it’s guaranteed your bank will force you to have insurance to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the bank may insure your Dodge at a much higher premium rate and require you to pay much more than you were paying before.
Third, insurance protects not only your vehicle but also your assets. It also can pay for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. Liability insurance will also pay for a defense attorney in the event you are sued. If mother nature or an accident damages your car, your policy will cover the repair costs.
The benefits of buying enough insurance are definitely more than the cost, especially when you need to use it. According to a recent study, the average American driver overpays more than $825 a year so compare rate quotes once a year at a minimum to save money.
Cut Insurance Costs with These Tips
Many things are used in the calculation when premium rates are determined. Some are pretty understandable like your driving record, although others are less apparent like your continuous coverage or your vehicle rating.
Don’t let your car insurance lapse – Having an insurance coverage lapse is a fast way to drive up your policy premiums. In addition to paying higher premiums, failure to provide proof of insurance could result in a license revocation or jail time.
Amount of liability protection – The liability coverage on your policy will afford coverage if you are ruled to be at fault for causing damage or personal injury in an accident. Your liability coverage provides you with a defense in court starting from day one. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so do not cut corners here.
Prices for guys may be higher – Statistics show that females tend to be a little less risky than males. This data doesn’t prove that females are better drivers. Women and men are in accidents in similar percentages, but the male of the species cause more damage. Men also statistically receive more costly citations such as reckless driving.
Is your vehicle theft-ready? – Choosing to buy a car with a theft deterrent system can help lower your rates. Advanced theft deterrents like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart vehicle theft.
Vehicles with better crash test results lower rates – Vehicles with good safety scores get lower rates. Vehicles engineered for safety protect occupants better and fewer serious injuries translates into savings for insurance companies and thus lower rates.
Does your job raise your rates? – Occupational choices like doctors, police officers, and emergency personnel generally pay higher rates than average due to intense work-related stress and extremely grueling work hours. On the flip side, careers such as farmers, athletes and performers pay lower than average rates.
Being married equates to better premiums – Being married may save some money when buying car insurance. Having a spouse generally demonstrates drivers are more financially stable and it’s statistically proven that married couples file fewer claims.
Persistence is the key to cheaper rates
In this article, we covered many tips how you can reduce Dodge Stratus insurance premium rates online in Indianapolis. The key concept to understand is the more times you quote, the higher the chance of saving money. Drivers may even discover the most savings is with the smaller companies.
Lower-priced Dodge Stratus insurance in Indianapolis is available online and with local Indianapolis insurance agents, and you should be comparing both in order to have the best price selection to choose from. Some insurance companies do not offer the ability to get a quote online and most of the time these smaller companies provide coverage only through independent agents.
People leave their current company for any number of reasons including an unsatisfactory settlement offer, delays in paying claims, delays in responding to claim requests and even questionable increases in premium. It doesn’t matter why you want to switch finding a great new company can be less work than you think.
More articles
- Rollover Crash FAQ (iihs.org)
- What Car Insurance is Cheapest for High Mileage Drivers in Indianapolis? (FAQ)
- Who Has Affordable Auto Insurance for 4×4 Vehicles in Indianapolis? (FAQ)
- Property Damage Coverage (Liberty Mutual)
- Insurance Losses by Make and Model (iihs.org)
- Safety Features for Your New Car (State Farm)