Scraping up a payment for pricey Dodge Challenger insurance in Virginia Beach can overdraw your budget and possibly require postponing other expenditures. Comparing cost estimates is an excellent way to make ends meet.
Inconceivable but true, almost 70% of drivers in Virginia have purchased from the same company for four years or more, and just short of a majority have never shopped around. Most drivers in America can save hundreds of dollars each year by just comparing quotes, but they just assume it takes a lot of time to shop their coverage around.
How to find affordable quotes for Dodge Challenger insurance in Virginia Beach
If saving the most money is your goal, then the best way to get budget Dodge Challenger insurance is to do a yearly price comparison from companies in Virginia Beach. Drivers can shop around by completing these steps.
Step 1: Read about car insurance and the things you can control to lower rates. Many policy risk factors that drive up the price such as accidents, traffic violations, and your credit history can be eliminated by making small lifestyle or driving habit changes. Read the full article for instructions to help prevent costly coverage and get additional discounts that may be available.
Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only quote rates from a single company like GEICO and Allstate, while independent agencies can quote rates for many different companies.
Step 3: Compare the new rate quotes to your existing coverage to see if a cheaper rate is available. If you find a lower rate, make sure the effective date of the new policy is the same as the expiration date of the old one.
An important part of this process is to make sure you enter identical deductibles and limits on every price quote and and to get price estimates from as many carriers as you can. Doing this enables the most accurate price comparison and a good representation of prices.
Multiple insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates to find the lowest rate possible on Dodge Challenger insurance in Virginia Beach.
It’s important to get comparison quotes occasionally because prices change regularly. If you had the lowest price on Dodge Challenger insurance in Virginia Beach a year ago other companies may now be cheaper. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate the quickest way to get good coverage on Dodge Challenger insurance in Virginia Beach at a lower rate.
If you’re already insured or need new coverage, take advantage of these tips to find the best rates while maintaining coverages. Buying the cheapest auto insurance in Virginia Beach is not that difficult. Comparison shoppers just have to use the proper way to compare company rates from many different companies.
Quote Virginia Beach Dodge Challenger insurance online
Most larger insurance companies like State Farm and Allstate give price estimates on their websites. Getting quotes for Dodge Challenger insurance in Virginia Beach can be done by anyone as you just type in the coverage amounts you desire into the quote form. When complete, their quoting system collects reports for credit and driving violations and quotes a price. This makes comparing rates easy, and it is important to compare as many rates as possible in order to get lower-cost car insurance pricing.
To find out how much you can save on car insurance, visit the companies below or click here to submit a quote request to multiple companies at once. If you have a policy now, it’s recommended you copy your coverages identical to your current policy. This guarantees you will be getting comparison quotes for similar coverage.
The providers in the list below offer quotes in Virginia. To buy cheap auto insurance in Virginia Beach, we recommend you visit several of them to get the lowest price.
Analysis of coverages
The premium information displayed below highlights different prices for Dodge Challenger models. Having a better understanding of how policy premiums are formulated is important for you to make smart choices when purchasing an auto insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Premium amounts do not factor in zip code location which can decrease or increase insurance rates considerably.
How accidents and violations affect rates
The chart below illustrates how traffic citations and at-fault collisions can influence Dodge Challenger insurance premiums for different age groups. The costs are based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no other discounts are factored in.
Cost of full coverage
The example below illustrates the comparison of Dodge Challenger insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Virginia. The information is based on no tickets, no at-fault accidents, $250 deductibles, single marital status, and no discounts are applied.
Are you wasting money paying for full coverage?
There is no clear-cut rule for phasing out full coverage on your policy, but there is a general guideline you can use. If the annual cost of having full coverage is more than 10% of the settlement you would receive from your company, then it could be time to drop full coverage.
For example, let’s say your Dodge Challenger replacement cost is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company will settle for is $4,000 after you pay the deductible. If you are paying more than $400 a year to have full coverage, then you might want to consider buying only liability coverage.
There are some conditions where only buying liability is not advised. If you haven’t paid off your loan, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage.
Do you qualify for these six discounts?
Car insurance is not cheap, but there’s a good chance there are discounts to cut the cost considerably. Some trigger automatically when you quote, but a few need to be asked about in order for you to get them. If you aren’t receiving every discount you qualify for, you’re paying more than you need to.
- Early Signing – Some insurance companies give discounts for switching policies early. This can save 10% or more.
- Student in College – Youth drivers who live away from home to go to college and don’t have a car may be able to be covered for less.
- Club Memberships – Being a member of certain professional organizations could qualify you for a break on your next renewal.
- Discount for New Cars – Buying a new car model may earn a small discount because newer models have to meet stringent safety requirements.
- Include Life Insurance and Save – Some insurance companies give a lower premium rate if you buy life insurance from them.
- Accident Free – Claim-free drivers can earn big discounts compared to insureds who have frequent claims or accidents.
A little note about advertised discounts, some credits don’t apply to the entire cost. A few only apply to individual premiums such as comp or med pay. Even though the math looks like you can get free auto insurance, you’re out of luck.
The diagram below shows the comparison of Dodge Challenger car insurance costs with and without discounts applied to the policy premium. The premiums assume a female driver, no driving violations, no at-fault accidents, Virginia state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, homeowner, claim-free, and multi-car discounts applied.
Larger insurance companies and some of the discounts are shown below.
- American Family offers premium reductions for accident-free, early bird, TimeAway discount, good student, and Steer into Savings.
- Nationwide has savings for family plan, defensive driving, easy pay, business or organization, multi-policy, and Farm Bureau membership.
- MetLife includes discounts for good driver, multi-policy, defensive driver, accident-free, claim-free, good student
- 21st Century has discounts for driver training, defensive driver, student driver, air bags, 55 and older, theft prevention, and automatic seat belts.
- Farmers Insurance policyholders can earn discounts including business and professional, alternative fuel, distant student, electronic funds transfer, pay in full, and early shopping.
- Allstate discounts include anti-theft, early signing, senior citizen, utility vehicle, auto/life discount, new car, and farm vehicle.
Before you buy a policy, ask each insurance company how you can save money. Some discounts listed above may not apply in your state.
Three main reasons to buy auto insurance
Despite the high cost, insurance is a good idea for several reasons.
- Almost all states have minimum mandated liability insurance limits which means you are required to buy specific minimum amounts of liability insurance in order to be legal. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
- If you have a loan on your Dodge, more than likely the lender will require you to buy full coverage to guarantee loan repayment. If you do not pay your insurance premiums, the lender will be forced to insure your Dodge at a much higher rate and force you to pay the higher premium.
- Auto insurance preserves both your assets and your vehicle. It will also reimburse you for hospital and medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if someone files suit against you as the result of an accident. If you have damage to your Dodge as the result of the weather or an accident, comprehensive and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of carrying enough insurance outweigh the cost, especially when you need to use it. Unknowingly, the average driver is wasting up to $750 every year so it’s recommended you shop around at least once a year to be sure current rates are still competitive.
Your situation helps dictate your coverage
When it comes to buying insurance from an agent or online, there really is not a cookie cutter policy. Everyone’s needs are different.
For example, these questions might point out if your insurance needs would benefit from professional advice.
- Does my policy cover me when driving someone else’s vehicle?
- Am I covered if I back into my garage door?
- Does liability extend to a camper or trailer?
- When do I need to add a new car to my policy?
- When should I not file a claim?
- Is there coverage for my trailer?
- I don’t drive much so do I pay less?
- Do I need replacement cost coverage?
If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and you can get the answers you need.
Are auto insurance agents used anymore?
Some people prefer to go talk to an agent. Professional agents can point out coverage gaps and help you file claims. A good thing about comparing auto insurance online is the fact that drivers can get lower car insurance rates and still have a local agent.
By using this quick form, your insurance coverage information is immediately sent to companies in Virginia Beach that can provide free Virginia Beach auto insurance quotes for your coverage. There is no need to even leave your home because quoted prices will be sent directly to your email. If you wish to get a rate quote from a particular provider, don’t hesitate to search and find their rate quote page and submit a quote form there.
Deciding on an insurer should depend on more than just a cheap price. You should also get answers to these questions.
- Does the company have a local claim office in Virginia Beach?
- Is their price quote a firm figure or are their hidden costs?
- Can you get a list of referrals?
- Are they primarily personal or commercial lines agents in Virginia Beach?
- Do they see any coverage gaps in your plan?
The different types of car insurance agents
When looking for a reliable agent, it’s helpful to know the types of insurance agents from which to choose. Agents in Virginia Beach are classified as either independent (non-exclusive) or exclusive. Both types of agents can sell and service auto insurance coverage, but it’s worth mentioning how they are different since it may influence the kind of agent you use.
Exclusive Insurance Agents
Exclusive agencies work for only one company such as Allstate, State Farm and Farm Bureau. Exclusive agents cannot compare other company’s rates so they really need to provide good service. Exclusive insurance agents are trained well in insurance sales which helps them sell insurance even at higher premiums.
The following are exclusive agents in Virginia Beach who may provide you with price quotes.
These type of agents do not write with just one company so they can write business with lots of companies enabling the ability to shop coverage around. If they quote lower rates, they simply switch companies in-house and that require little work on your part. If you are comparing auto insurance prices, you will want to include rate quotes from at a minimum one independent agency to have the most options to choose from.
Below are Virginia Beach independent agents willing to provide price quotes.
Nationwide Insurance: Bob McCrearyh CLU Insurance Agency, Inc.
533 Newtown Rd #112 – Virginia Beach, VA 23462 – (757) 497-1899 – View Map
Car insurance coverages explained
Knowing the specifics of car insurance aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.
Medical costs insurance
Med pay and PIP coverage reimburse you for short-term medical expenses for things like dental work, prosthetic devices, X-ray expenses and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage
Collision coverage pays for damage to your Challenger resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for claims like damaging your car on a curb, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible on your Challenger to bring the cost down.
Comprehensive or Other Than Collision
This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like vandalism, hitting a bird and hitting a deer. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Liability coverage can cover damages or injuries you inflict on other people or property. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/20 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $20,000 for damage to vehicles and property.
Liability can pay for things like pain and suffering, attorney fees, emergency aid and structural damage. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford. Virginia state law requires minimum liability limits of 25/50/20 but drivers should carry better liability coverage.
The next chart shows why buying the state minimum limits may not provide you with enough coverage.
This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your Dodge Challenger.
Since many Virginia drivers only carry the minimum required liability limits (25/50/20 in Virginia), their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.