Cheap Rates for Dodge Challenger Insurance in Memphis

Anyone knows that auto insurance companies don’t want customers comparing rates. Drivers who shop around for cheaper price quotes will, in all likelihood, buy a different policy because of the high probability of getting low-cost coverage. A recent survey discovered that people who regularly compared rates saved on average $850 each year as compared to drivers who never shopped around for cheaper prices.

If finding the lowest price for auto insurance is your objective, then learning about how to find companies and compare insurance coverage can save money and time.

The best way we recommend to get cheaper car insurance rates is to begin comparing prices regularly from insurance carriers in Memphis. Prices can be compared by completing these steps.

• Step 1: Learn about auto insurance and the steps you can take to drop your rates. Many things that cause rate increases such as accidents, traffic tickets, and a substandard credit score can be improved by making small lifestyle or driving habit changes.
• Step 2: Obtain price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can provide rates from a single company like GEICO and State Farm, while independent agencies can provide price quotes for a wide range of insurance providers.
• Step 3: Compare the quotes to the premium of your current policy to see if cheaper Challenger coverage is available. If you can save some money, make sure coverage does not lapse between policies.
• Step 4: Give notification to your current company of your intention to cancel your existing policy and submit a completed policy application and payment to the new company. Immediately place the new certificate verifying proof of insurance along with your vehicle registration.

The most important part of shopping around is to try to use similar deductibles and liability limits on every quote and and to look at as many companies as you can. Doing this provides an apples-to-apples comparison and a complete rate analysis.

This information will tell you the best way to buy inexpensive insurance and also save some money in the process If you have coverage now, you stand a good chance to be able to cut your premiums using the ideas covered in this article. Vehicle owners only need an understanding of the most efficient way to buy insurance from many companies at once.

Dodge Challenger insurance quotes comparison

Finding a better price on insurance can be surprisingly simple. Drivers just need to take time to compare rate quotes from some recommended companies.

Comparing free quotes online is easy and it, replaces the need to spend your day driving to insurance agencies in your area. The internet eliminates the need for an insurance agent unless you want the professional abilities of an agent trained in personal lines coverage. It is possible to price shop online and get advice from an agent in your area.

The companies in the list below have been selected to offer comparison quotes in Memphis, TN. To locate cheap auto insurance in Memphis, TN, we suggest you compare several of them to find the lowest auto insurance rates.

Here’s why auto insurance is not optional

Despite the fact that auto insurance is not cheap in Memphis, insurance may not be optional for several reasons.

• Just about all states have compulsory liability insurance requirements which means you are required to carry specific limits of liability coverage if you want to drive legally. In Tennessee these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
• If your Challenger has a loan, it’s guaranteed your bank will make it a condition of the loan that you carry insurance to guarantee loan repayment. If you do not pay your insurance premiums, the bank may insure your Dodge at a more expensive rate and make you pay much more than you were paying before.
• Insurance protects not only your Dodge but also your assets. It will also cover hospital and medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, also covers legal expenses if you cause an accident and are sued. If your Dodge gets damaged, your policy will cover the repair costs.

The benefits of insuring your Challenger outweigh the cost, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver is overpaying over $825 a year so we recommend shopping around at every renewal to ensure rates are inline.

Rates and detailed analysis

The information displayed below highlights estimates of insurance coverage prices for Dodge Challenger models. Having a better idea how insurance rates are calculated is important to be able to make smart choices when buying a policy.

Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Price information does not factor in specific location information which can increase or decrease auto insurance rates significantly.

Can higher deductibles save money?

One common question asked by Memphis drivers is which comprehensive and collision deductibles to buy. The data tables below determine the costs and benefits between high and low coverage deductibles. The first price estimate table uses a $250 deductible for physical damage and the second price table uses a $1,000 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Prices do not factor in the specific area where the vehicle is garaged which can raise or lower coverage prices considerably.

Based on this data, using a $250 deductible will cost you approximately $27 more each month or $324 for a full year averaged for all Challenger models than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you go at a minimum 28 months between claim filings, you would save more money if you choose a higher deductible.

The diagram below shows how choosing a deductible and can change Dodge Challenger insurance costs for different ages of insureds. The costs are based on a married male driver, comp and collision included, and no discounts are applied.

Car insurance quotes and discounts

The price of auto insurance can be rather high, but discounts can save money and there are some available to reduce the price significantly. Some trigger automatically at the time you complete a quote, but a few must be requested specifically before they will apply.

• Telematics Data Discounts – Drivers that enable driving data collection to monitor driving habits remotely such as Snapshot from Progressive or Drivewise from Allstate could save a few bucks if they have good driving habits.
• Buy New and Save – Buying a new car model can save you some money because newer vehicles are generally safer.
• College Student Discount – Youth drivers who are attending college and don’t have a car could get you a discount.
• Active Service Discounts – Having a family member in the military may lower your car insurance rates slightly.
• Include Life Insurance and Save – Larger companies have a discount if you purchase life insurance from them.

Just know that most of the big mark downs will not be given to the entire policy premium. A few only apply to the cost of specific coverages such as medical payments or collision. Even though it appears it’s possible to get free car insurance, insurance companies wouldn’t stay in business. Any amount of discount will definitely reduce your car insurance premiums.

The example below illustrates the difference between Dodge Challenger auto insurance rates with and without discounts applied. The costs are based on a female driver, no violations or accidents, Tennessee state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-policy, marriage, multi-car, and safe-driver discounts applied.

For a list of insurers who offer cheap Dodge Challenger insurance quotes in Memphis in Tennessee, click here to view.

Car insurance is available from local insurance agents

Many people prefer to go talk to an agent and that is recommended in a lot of cases Experienced insurance agents can help you choose the best coverages and help in the event of a claim. An additional benefit of price shopping on the web is that drivers can save money and get lower rates and still have a local agent. Supporting local insurance agencies is important particularly in Memphis.

After completing this quick form, your coverage information is instantly submitted to companies in Memphis who can give free rate quotes for your coverage. It’s much easier because you don’t need to contact an agency because prices are sent immediately to your email address. In the event you want to get a price quote from one company in particular, feel free to search and find their rate quote page to submit a rate quote request.

Listed below are agents in Memphis that may be willing to give price quote information for Dodge Challenger insurance in Memphis.

View more Memphis agents

Picking a provider should depend on more than just a cheap quote. These are some questions you should get answers to.

• Can they provide you with a list of referrals?
• How would your car be valued if totaled?
• Do they make recommendations based only on price?
• Are there any hidden costs in their price quote and does it include driving and credit history?
• How many years of experience in personal auto insurance do they have?

Compare insurance rates regularly to save

We just presented some good ideas how to lower your Dodge Challenger insurance rates in Memphis. It’s most important to understand that the more you quote Memphis car insurance, the better your comparison will be. Consumers may even find the most savings is with a lesser-known regional company. Some small companies may often insure only within specific states and give better rates than their larger competitors like State Farm or Progressive.

Some companies may not have the ability to get a quote online and many times these regional carriers only sell coverage through local independent agencies. Low-cost Dodge Challenger insurance in Memphis can be purchased both online and also from your neighborhood Memphis agents, so you should compare both to have the best selection.

Additional insurance information is located at these links:

• Vehicle Safety Ratings (iihs.org)
• Who Has the Cheapest Memphis Car Insurance Quotes for Drivers Over Age 70? (FAQ)
• How Much are Memphis Car Insurance Rates for a Honda Civic? (FAQ)
• Auto Insurance for Teen Drivers (Insurance Information Institute)
• How to Avoid Buying a Flooded Car (Insurance Information Institute)
• Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
• Insurance Losses by Make and Model (iihs.org)