Five Minute Guide for Finding the Best Chrysler 300 Insurance

Paying for high-priced Chrysler 300 insurance can empty your checking account and force you to prioritize other expenses. Doing a price comparison is a great way to slash your bill and have more diposable income.

Numerous insurance companies battle for your insurance dollar, so it’s not easy to compare every company to find the absolute cheapest price

Automobile Insurance Quotes

When shopping for car insurance there are multiple ways to get quotes from different insurance companies. The easiest way by far to find the lowest Chrysler 300 rates is to get quotes online. This is very easy and can be done using a couple different methods.

  1. The recommended way to get quotes is to use a rate comparison form click here to open form in new window. This form eliminates the need for boring form submissions to each individual car insurance company. One form submission gets you price quotes instantly.
  2. Another way to compare rate quotes requires visiting each company’s website to complete their respective quote request forms. For sake of this example, let’s assume you want rates from State Farm, Esurance and American Family. To get each rate you have to spend time on each company’s site and enter your information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.
  3. The most time-consuming method to compare rates is to drive around to local insurance agencies. The ability to buy insurance online makes this process obsolete unless you want the professional advice only provided by licensed agents. However, consumers can get prices online and still use a local agent and we’ll touch on that later.

It’s up to you how you get prices quotes, just ensure you are comparing identical deductibles and coverage limits for each comparison quote. If you use different limits and deductibles on each one it will be very difficult to find the best deal for your Chrysler 300. Just a small difference in coverage limits can make a big difference in price. Keep in mind that having more price comparisons helps you find a better price.

Discounts are available to cut your rates

Car insurance is not cheap, buy you may qualify for discounts to cut the cost considerably. Some discounts apply automatically at quote time, but some must be asked for in order for you to get them.

  • Senior Discount – Older drivers may receive reduced rates on 300 insurance.
  • Sign Online – Some insurance companies will give a small break for buying a policy and signing up online.
  • Discount for New Cars – Adding a new car to your policy can be considerably cheaper compared to insuring an older model.
  • Multi-car Discount – Insuring more than one vehicle on one policy could earn a price break for each car.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts can receive discounts up to 30%.
  • Defensive Driving Course – Taking a defensive driving course can save you 5% or more if your company offers it.
  • Drivers Education – Require your teen driver to successfully complete driver’s ed class in school.
  • No Accidents – Claim-free drivers can save substantially when compared with drivers who are more careless.
  • Anti-theft System – Anti-theft and alarm systems help deter theft and therefore earn up to a 10% discount.

Keep in mind that some of the credits will not apply to all coverage premiums. Most only reduce the cost of specific coverages such as liability and collision coverage. So even though it sounds like all those discounts means the company will pay you, it just doesn’t work that way. Any qualifying discounts will cut your overall premium however.

To choose providers who offer car insurance discounts, click this link. insurance quotes

Neighborhood agents for car insurance

Some people prefer to buy from a licensed agent and that is OK! One of the best bonuses of comparing rates online is you may find the best rates and still have an agent to talk to. Buying from local businesses is important particularly in small towns and cities.

Once you complete this short form, your insurance coverage information is submitted to participating agents who will return price quotes to get your business. You never need to drive around because quoted prices will be sent immediately to your email address. How’s that for easy! You can find better rates AND an agent nearby.

Captive agents vs. Independent agents

When searching for local agents, there are two types of agencies from which to choose. Agents can either be independent (non-captive) or captive.

Independent Agents (or Brokers)

Independent agencies are not locked into one company but rather can write business with lots of companies and potentially find a lower price. If you are not satisfied with one company, an independent agent can move your coverage without you having to go to a different agency. When comparison shopping, it’s recommended you contact at a minimum one independent agency to have the most options to choose from.

Captive Insurance Agents

Captive agents are contracted to one company such as American Family, State Farm and Allstate. They generally cannot give you multiple price quotes so they have to upsell other benefits. Captive agents are trained well on their products and sales techniques which helps them sell insurance even at higher premiums.

For a complete listing of insurance agents, visit this page.

Selecting an insurance agency should depend on more than just a low price. Agents should be asked these questions:

insurance for Chrysler 300

  • Is vehicle damage repaired with OEM or aftermarket parts?
  • What will you get paid if your car is a total loss? How is that amount determined?
  • Do they have any clout with companies to ensure a fair claim settlement?
  • How much can you save by raising your physical damage deductibles?
  • How long have they worked with personal auto insurance coverage?

Upon receiving acceptable answers to your questions and an affordable coverage quote, it’s possible that you found an insurance agent that is a good match to properly service your car insurance policy.

Final considerations

We just presented many ideas to save on Chrysler 300 insurance. The key concept to understand is the more quotes you get, the higher your chance of finding lower rates. Consumers could even find that the most savings is with a small mutual company. Smaller companies can often insure niche markets at a lower cost than the large multi-state companies such as State Farm or Progressive.

As you go through the steps to switch your coverage, do not skimp on critical coverages to save a buck or two. There have been many situations where someone dropped liability limits or collision coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy the best coverage you can find at the best price while still protecting your assets.