Compare 2002 Dodge Viper Insurance Rates

Drivers have many options when trying to find low-cost Dodge Viper insurance. They can either waste time driving around trying to get quotes or utilize the internet to get rate quotes. There is a better way to buy car insurance and you need to know the absolute fastest way to get price quotes for a Dodge and obtain the best price possible from local insurance agents and online providers.

Finding affordable coverage is not rocket science. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using this strategy. Drivers just need to learn the proper methods to buy car insurance online.

Lower your insurance prices

An important part of buying insurance is that you know the factors that are used to determine the price you pay for insurance coverage. When you know what positively or negatively impacts premium levels, this helps enable you to make changes that could help you find cheaper rates. Lots of factors are taken into consideration when you quote your car insurance policy. Most are fairly basic like an MVR report, but other criteria are not quite as obvious like your vehicle usage and annual miles driven.

• Alarms and GPS tracking lowers prices – Driving a car that has a built-in theft deterrent system can help bring down rates. Systems that thwart theives like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems help track and prevent car theft and help bring rates down.
• Liability limits are a factor – A critical coverage on your policy, liability insurance is the protection if ever you are responsible for causing damage or personal injury in an accident. Your liability coverage provides legal defense coverage to attempt to prove you were not liable. This coverage is very inexpensive compared to comp and collision, so buy as much as you can afford.
• Lower premiums for safer cars – Safer cars tend to have better insurance rates. Vehicles engineered for safety reduce the chance of injuries and fewer serious injuries translates directly to fewer claims and more competitive rates for policyholders. If your Dodge has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
• Too many claims drive up premiums – Companies provide most affordable rates to people who do not file claims often. If you file claims often, you can expect either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for claims that pose a financial burden.

The fastest way that we advise to get policy rate comparisons is to know the fact almost all companies pay for the opportunity to give free rates quotes. All you need to do is take a few minutes to give details such as whether you are married, your job, if you lease or own, and how much you drive. Your information is instantly provided to multiple top-rated companies and they respond with quotes almost instantly.

To compare rates now, click here and enter the information requested.

Do drivers who switch really save?

Consumers can’t get away from all the ads that claim the lowest car insurance rates by State Farm, Allstate and Geico. All the companies make an identical promise about how much you will save if you switch to them.

How does every company save you money? Just pay attention to how they say it.

Different companies have specific characteristics for the type of insured that will generate a profit. For example, a profitable insured may be between the ages of 30 and 50, has a clear driving record, and drives newer vehicles. Someone that fits those parameters will probably get cheap car insurance rates and most likely will cut their rates if they switch.

Consumers who do not meet the “perfect” profile must pay higher premium rates which leads to the customer buying from someone else. The trick is to say “people that switch” not “everyone who quotes” save the amount stated. That’s the way insurance companies can confidently make those claims. Because each company has a different risk profile, you should get as many free auto insurance quotes as possible. It’s not possible to predict the company that will give you lower premium rates than your current company.

Do you qualify for discount insurance?

Insurance is not cheap nor is it fun to buy but you might be missing out on some discounts to reduce the price significantly. Certain reductions will be credited at quote time, but a few need to be specifically requested before they will apply.

• Accident Free – Insureds with no claims or accidents get the best insurance rates in comparison with frequent claim filers.
• Defensive Driver Discounts – Passing a defensive driver class is a good idea and can lower rates and easily recoup the cost of the course.
• Waiver for an Accident – This one is not really a discount per se, but some insurance companies will turn a blind eye to one accident before they charge you more for coverage if you are claim-free before the accident.
• Multiple Policy Discount – If you insure your home and vehicles with the same company you could get a discount of at least 10% off all policies.
• Seat Belts Save more than Lives – Drivers who require all occupants to fasten their seat belts could cut 10% or more off the PIP or medical payment premium.

As a footnote on discounts, some credits don’t apply to the entire policy premium. Some only reduce specific coverage prices like medical payments or collision. So even though it sounds like all those discounts means the company will pay you, company stockholders wouldn’t be very happy.

The best insurance companies and some of the premium reductions they offer are detailed below.

• State Farm offers premium reductions for driver’s education, passive restraint, accident-free, safe vehicle, student away at school, and multiple autos.
• Farmers Insurance offers discounts for electronic funds transfer, switch companies, good student, youthful driver, business and professional, homeowner, and multi-car.
• Progressive has savings for multi-vehicle, online quote discount, multi-policy, continuous coverage, good student, online signing, and homeowner.
• Geico may have discounts that include multi-policy, driver training, good student, anti-lock brakes, and seat belt use.
• Auto-Owners Insurance offers discounts including group or association, mature driver, company car, air bags, and good student.
• The Hartford policyholders can earn discounts including vehicle fuel type, anti-theft, bundle, defensive driver, and driver training.
• Farm Bureau discounts include renewal discount, youthful driver, multi-vehicle, driver training, and safe driver.
• USAA has discounts for good student, driver training, defensive driver, multi-vehicle, safe driver, family discount, and military installation.

When getting a coverage quote, ask all the companies what discounts are available to you. Discounts may not apply to policies in your state. If you would like to choose from a list of providers that offer discounts, click here to view.

What insurance coverages do I need?

When buying coverage, there is no perfect coverage plan. Everyone’s needs are different.

Here are some questions about coverages that may help you determine if your insurance needs might need professional guidance.

• Should I buy additional glass protection?
• Is other people’s property covered if stolen from my vehicle?
• Should I waive the damage coverage when renting a car?
• Who is covered when they drive my 2002 Dodge Viper?
• Am I covered if I break a side mirror?
• When does my teenage driver need to be added to my policy?
• I have health insurance so do I need medical payments coverage?

If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form. It’s fast, free and can help protect your family.

Specific coverages for a 2002 Dodge Viper

Understanding the coverages of your policy helps when choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like funeral costs, prosthetic devices and doctor visits. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

UM/UIM Coverage – This protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Coverage for liability – This coverage will cover damages or injuries you inflict on a person or their property in an accident. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things such as legal defense fees, loss of income, repair bills for other people’s vehicles and attorney fees. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hail damage, damage from flooding, a tree branch falling on your vehicle and rock chips in glass. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage – This coverage will pay to fix damage to your Viper from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as sustaining damage from a pot hole, backing into a parked car, crashing into a building and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Be a penny pincher

Consumers who switch companies do it for any number of reasons including lack of trust in their agent, being labeled a high risk driver, questionable increases in premium and even extreme rates for teen drivers. Whatever your reason, finding a new company is easier than you think.

We covered a lot of tips how to lower your 2002 Dodge Viper insurance rates. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your auto insurance rates. Consumers could even find that the biggest savings come from the smaller companies.

Lower-priced car insurance can be sourced from both online companies as well as from independent agents, so you need to quote auto insurance with both to have the best selection. A few companies may not have price quotes online and these smaller providers sell through local independent agencies.

To read more, take a look at these articles:

• Red Light Cameras (State Farm)
• Young Drivers: The High Risk Years Video (iihs.org)
• Smart Auto Insurance Tips (Insurance Information Insitute)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Collision Insurance Coverage (Nationwide)