Dodge Caliber Insurance Rates in Louisville

Are you sick of overpaying and want lower-priced Dodge Caliber insurance in Louisville? No one loves paying for car insurance, especially when they are paying too much.

A recent car insurance study revealed that over 70% of consumers kept buying from the same company for a minimum of four years, and practically 40% of car insurance customers have never taken the time to shop around. With the average car insurance premium being $2,134, Kentucky drivers can save almost 30% each year just by comparing rates, but they just feel it’s too hard to find cheaper car insurance rates.

Online insurance companies like GEICO, Farmers Insurance and State Farm constantly bombard you with fancy advertisements and it can be hard to separate fact from fiction and do the work needed to find the best deal.

It’s a good habit to take a look at other company’s rates once or twice a year because insurance prices are usually higher with each renewal. Just because you found the lowest rates on Dodge Caliber insurance in Louisville last year there is a good chance you can find better rate quotes now. Ignore everything you know about car insurance because you’re about to find out how to use the internet to find great coverage at a great price.

If you are insured now, you should be able to get lower rates using the techniques presented in this article. Buying the cheapest auto insurance in Louisville is not rocket science. But Kentucky car owners do need to understand the methods companies use to determine prices because rates fluctuate considerably.

The quickest way to get rate comparisons for Dodge Caliber insurance in Louisville is to realize car insurance companies participate in online systems to compare rate quotes. To get started, all you need to do is give them rating details like the type of vehicles you drive, the ages of drivers, marital status, and types of safety features. Your details is sent automatically to many different companies and they return cost estimate instantly.

To find lower lower-cost Dodge Caliber insurance rates now, click here and find out if you can get cheaper insurance in Louisville.

The following companies are ready to provide price comparisons in Louisville, KY. If you wish to find cheaper car insurance in KY, it’s a good idea that you visit two to three different companies in order to get a fair rate comparison.

Insuring your Caliber just makes sense

Despite the high cost of buying insurance for a Dodge Caliber in Louisville, paying for car insurance serves a purpose in several ways.

First, most states have compulsory liability insurance requirements which means the state requires a specific minimum amount of liability insurance coverage in order to get the vehicle licensed. In Kentucky these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you have a lien on your vehicle, most banks will stipulate that you buy insurance to guarantee loan repayment. If the policy lapses, the bank will be required to insure your Dodge at an extremely high rate and require you to fork over for the expensive policy.

Third, insurance safeguards both your assets and your car. It will also cover most medical and hospital costs for you, any passengers, and anyone injured in an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses if you are sued as the result of your driving. If mother nature or an accident damages your car, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.

The benefits of buying enough insurance greatly outweigh the cost, especially if you ever need it. According to a recent study, the average American driver is currently overpaying as much as $800 each year so shop around each time the policy renews to make sure the price is not too high.

Premium rates and analysis

The coverage information below showcases estimates of insurance policy prices for Dodge Caliber models. Learning a little about how auto insurance prices are figured can assist in making informed coverage decisions.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Rate information does not factor in zip code location which can modify rates substantially.

Physical damage deductible comparison

When shopping for car insurance, a common question is how high should the physical damage coverage deductibles be. The figures shown below sum up how much more rates are of buying low and high insurance deductibles. The first rate table uses a $100 physical damage deductible and the second set of prices uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rate quotes do not factor in specific zip code location which can impact premium rates noticeably.

Based on the above data, using a $100 deductible will cost you approximately $22 more each month or $264 for a full year than requesting the higher $500 deductible. Because you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at least 18 months between claims, you would probably be better off if you decide on a higher deductible. Here is the way this decision is made.

The diagram below demonstrates how deductibles and can change Dodge Caliber insurance prices for each age group. Data assumes a single female driver, full coverage, and no policy discounts are applied.

Bad driving habits will cost you more

The information below shows how speeding tickets and accidents can increase Dodge Caliber auto insurance rates for different categories of driver ages. The data assumes a married male driver, full physical damage coverage, $500 deductibles, and no discounts are factored in.

Get cheaper Dodge Caliber insurance rates in Louisville

Companies that sell car insurance do not list every possible discount in an easy-to-find place, so the below list has some of the more common as well as some of the hidden discounts you could be receiving when you buy Louisville car insurance online.

• Membership in Organizations – Belonging to a professional or civic organization could earn you a nice discount when shopping for car insurance.
• Fewer Miles Equal More Savings – Maintaining low annual mileage may allow you to get lower prices on the low mileage vehicles.
• Auto/Life Discount – If the company offers life insurance, you could get a break if you buy some life insurance too.
• Government Employees – Simply working for the federal government can save as much as 8% with a few car insurance companies.
• Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them successfully take a driver’s education course as it can save substantially.
• Paperwork-free – A few larger online companies will give a small break get Louisville car insurance on the internet.
• Data Collection Discounts – People who choose to allow their car insurance company to look at when and where they use their vehicle by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease if their driving habits are good.
• Senior Citizens – Drivers over the age of 55 could receive a discount up to 10%.
• Buy New and Save – Buying insurance on a new vehicle can save you some money since new vehicles are generally safer.

A quick disclaimer, some credits don’t apply to all coverage premiums. Some only apply to specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears all those discounts means the company will pay you, you won’t be that lucky.

The information below shows the difference between Dodge Caliber car insurance costs with and without discounts applied to the policy rates. The information is based on a female driver, no violations or accidents, Kentucky state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, multi-policy, claim-free, marriage, and safe-driver discounts applied.

Larger car insurance companies and some of the discounts include:

• GEICO offers discounts for good student, daytime running lights, seat belt use, federal employee, and multi-policy.
• MetLife offers discounts including defensive driver, claim-free, multi-policy, good student, and accident-free.
• Progressive policyholders can earn discounts including continuous coverage, online signing, multi-policy, online quote discount, good student, multi-vehicle, and homeowner.
• Travelers may have discounts that include IntelliDrive, hybrid/electric vehicle, home ownership, payment discounts, early quote, and save driver.
• SAFECO has discounts for anti-theft, anti-lock brakes, safe driver, drive less, teen safety rewards, accident prevention training, and teen safe driver.
• AAA offers premium reductions for AAA membership discount, education and occupation, anti-theft, multi-car, pay-in-full, good student, and good driver.

When getting a coverage quote, ask each company or agent to give you their best rates. Savings may not apply to policyholders in Louisville.