Top 10 Ways to Save Money on Dodge Viper Insurance

Searching for better insurance prices for a Dodge Viper could be a lot of work, but you can learn these tips to find lower rates. There are more efficient ways to find auto insurance online so we’re going to tell you the absolute fastest way to get price quotes for a Dodge and obtain the lowest price from both online companies and local agents.

If you have a current auto insurance policy or are just looking to switch companies, you can follow these tips to find better prices and possibly find even better coverage. Finding affordable coverage is quite easy. Vehicle owners just need to understand the tricks to compare rates online.

Discounts can save BIG

Companies offering auto insurance do not list all their discounts very well, so here is a list both the well known and also the lesser-known auto insurance savings. If you don’t get every credit available, you’re paying more than you need to.

Drive Safe and Save – Insureds without accidents may receive a discount up to 45% less on Viper insurance than their less cautious counterparts.
Employee of Federal Government – Simply working for the federal government may qualify you for a discount on Viper insurance with certain companies.
Paperless Signup – Certain companies give back up to $50 for buying a policy and signing up over the internet.
Senior Citizens – Mature drivers may receive reduced rates on Viper insurance.
Accident Free – Drivers with accident-free driving histories can save substantially when compared to accident-prone drivers.
Sign Early and Save – Some companies give discounts for signing up prior to your current policy expiration. It can save you around 10%.
Passive Restraint Discount – Vehicles equipped with air bags or automatic seat belts can get savings up to 30%.
Theft Prevention System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.
College Student – Youth drivers living away from home attending college without a vehicle on campus may be able to be covered for less.
Auto/Life Discount – Companies who offer life insurance give better rates if you take out a life insurance policy as well.

It’s important to note that most discounts do not apply to all coverage premiums. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears adding up those discounts means a free policy, you’re out of luck.

Your local neighborhood insurance agent

A small number of people prefer to buy from a local agent. Educated insurance agents can answer important questions and help in the event of a claim. The best thing about getting online price quotes is you may find better rates but still work with a licensed agent.

To make it easy to find an agent, after completing this short form, the quote information is transmitted to agents in your area who will give you bids for your coverage. There is no reason to visit any agencies due to the fact that quote results will go immediately to your email address.

Deciding on an provider requires more thought than just the premium amount. Agents should be asked these questions:

If you have an accident, will your rates go up?
What are the financial ratings for the companies they represent?
Are there any discounts that you might be missing?
Is working in the agency their full-time job?
What insurance companies do they recommend if they are an independent agent?
Do they receive special compensation for putting your coverage with one company over another?
Do they assist clients in filing claims?
Does the company allow you to choose your own collision repair facility?

Insurance agents come in two flavors

When looking for a reliable agent, there are two different types of agents to choose from. Agencies can either be independent or captive. While both can properly insure your vehicles, but it’s good to learn how they are different because it can influence the selection process.

Captive Insurance Agents

Captive insurance agents have only one company to place business with such as AAA, State Farm, Farmers Insurance and Allstate. These agents are unable to give you multiple price quotes so they have to upsell other benefits. Captive agencies are well schooled on their company’s products and that can be a competitive advantage. Some people will only choose to use a captive agent primarily because of the prominence of the brand and solid financial strength.

Independent Agencies or Brokers

These agents are not employed by any specific company but instead can place your coverage with multiple insurance companies and potentially find a lower price. To move your coverage to a new company, they simply move the coverage in-house and you won’t have to switch agencies. insurance banner

When comparing rates, you should always include price quotes from at a minimum one independent agency to ensure the widest selection of prices. They also have the ability to place coverage with lesser-known insurance companies which may provide better rates.

To view a full list of agents, click here.

After getting satisfactory answers and a low price estimate, most likely you have located an insurance agent that will adequately provide auto insurance. But keep in mind policyholders can terminate coverage for any reason so never feel that you are obligated to any specific agency for any length of time.

Car insurance coverages for a Dodge Viper

Learning about specific coverages of a auto insurance policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Collision coverage – Collision insurance covers damage to your Viper from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as rolling your car, sustaining damage from a pot hole, colliding with another moving vehicle, colliding with a tree and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive insurance – This coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, hitting a deer and damage from flooding. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for short-term medical expenses for pain medications, EMT expenses, nursing services and dental work. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not available in all states but can be used in place of medical payments coverage

Liability auto insurance – Liability coverage can cover damage that occurs to a person or their property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things like structural damage, bail bonds and emergency aid. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.

The best insurance company isn’t always the cheapest

Low-cost Dodge Viper insurance can be found both online and with local insurance agents, and you should be comparing both so you have a total pricing picture. There are still a few companies who do not offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.

In this article, we covered many ideas to get a better price on Dodge Viper insurance. It’s most important to understand that the more companies you get rates for, the better your chances of lowering your rates. Consumers could even find that the best price on auto insurance is with a company that doesn’t do a lot of advertising.

When trying to cut insurance costs, you should never skimp on critical coverages to save a buck or two. There are too many instances where consumers will sacrifice liability coverage limits only to regret they didn’t have enough coverage. Your strategy should be to buy enough coverage for the lowest price while still protecting your assets.