Cheap 2016 Chrysler 200 Insurance Rates in 2024

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Don’t sweat it because many drivers feel the same as you. You have multiple insurance companies to purchase coverage from, and though it is a good thing to have multiple companies, lots of choices makes it harder to find the best rates for your vehicles.

Quote auto insurance online

Getting more affordable 2016 Chrysler 200 auto insurance pricing is actually quite simple. Just spend a few minutes on the computer getting comparison quotes online with multiple companies. It’s really simple and can be done in several different ways.

1. Hands down the most simple method to find the lowest comparison rates is a comparison rater form. This method keeps you from doing multiple quote forms for every company. Taking the time to complete one form gets insurance cost estimates from multiple low-cost companies.
2. Another way to get quotes online is to take the time to go to the website for every company you want to compare and complete a new quote form. For examples sake, let’s say you want to get rates from State Farm, Safeco and Liberty Mutual. To do that, you would have to take the time to go to each site and punch in your information repeatedly, which can be really labor intensive.
3. The least recommended method to get price estimates is driving around to different agent offices. Quoting and buying insurance online reduces the need to sit down with an agent unless you prefer the trained advice of a licensed agent. It is possible with some companies obtain prices from the web but buy from a local insurance agent.

Take whichever approach you prefer, but make absolute certain that you use the same coverage data on every quote you get. If you enter different limits and deductibles on each one you can’t possibly find the best deal for your Chrysler 200.

Does insurance coverage advertising bend the truth?

Consumers get pounded daily by advertisements that claim the cheapest rates by GEICO, State Farm and Progressive. They all seem to advertise the message that you’ll save big after switching your policy.

It sounds good, but how can they all charge less that you’re paying now?

Insurance coverage companies require specific criteria for the type of insured that will add to their bottom line. A good example of a preferred risk could possibly be between the ages of 30 and 50, has few claims, and drives a vehicle with a low ISO rating. Anybody who matches those parameters will most likely get cheap premium rates and will save a lot of money.

Insureds who may not quite match this stringent profile may be required to pay higher rates and ends up with the customer not buying. The ads state “people who switch” but not “all drivers who get quotes” save that much when switching. This is how insurance companies can confidently make claims that they all have the best premium rates.

This really drives home the point why it is so important to get as many free car insurance quotes as possible. It’s just too difficult to predict which insurance coverage company will give you the biggest savings.

You can change your insurance premiums

Lots of factors are considered when you get your auto insurance bill. Some factors are common sense like your driving record, but other factors are less obvious like your vehicle usage or your commute time. Consumers need to have an understanding of the rating factors that play a part in calculating the price you pay for insurance. If you have a feel for what influences your rates, this enables you to make decisions that can help you get cheaper rates.

Shown below are most of the major factors companies use to determine your prices.

• Vehicle features impact rates – Selecting a car model with an alarm system can get you a discount on your insurance. Systems that thwart theives such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder your car from being stolen.
• Youthful driver insurance rates – Inexperienced drivers are proven to be more careless when behind the wheel so they pay higher insurance rates. Adding a young driver to your policy can really hurt. Older drivers tend to be more responsible, cause fewer claims and accidents , and are generally more financially stable.
• Protect yourself with liability – The liability section of your policy will afford coverage in the event that you are responsible for an accident. Your liability coverage provides for a legal defense which can cost a lot. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
• Is you job costing you more? – Did you know that where you work can have an impact on rates? Occupations such as lawyers, social workers and medical professionals have higher rates than the rest of us in part from job stress and lots of time spent at work. On the other hand, occupations such as actors, students and homemakers have the lowest average rates for 200 coverage.
• Long commutes cost more – Driving a lot of miles every year the higher your rates will be. A lot of companies apply a rate partially by how you use the vehicle. Cars left parked in the garage receive lower rates compared to those used for work or business. It’s always a good idea to double check that your insurance policy properly reflects how each vehicle is driven. A policy that improperly rates your 200 can cost quite a bit.
• Add-on coverages push up prices – There are a lot of additional extra coverages that can add up on your insurance policy. Insurance for things like vanishing deductibles, better glass coverage, and term life insurance are examples of these. These may sound like a good investment when talking to your agent, but now you might not need them so consider taking them off your policy.

You may qualify for discounts

Insurance can be prohibitively expensive, but there may be some discounts that many consumers don’t even know exist. Some of these discounts will be visible when you get a quote, but less common discounts must be specifically requested prior to receiving the credit. If you don’t get every credit you qualify for, you are paying more than you should be.

• Save with More Vehicles Insured – Buying a policy with multiple cars or trucks on one policy can reduce the rates for all insured vehicles.
• Discounts for New Vehicles – Insuring a new car can cost up to 25% less compared to insuring an older model.
• Use Seat Belts – Drivers who require all occupants to buckle up before driving could save 15% off the personal injury premium cost.
• Telematics Data – Drivers that enable their company to spy on when and where they use their vehicle by using a small device installed in their vehicle such as State Farm’s In-Drive might see lower rates if they have good driving habits.
• Auto/Life Discount – Select insurance carriers reward you with a small discount if you purchase some life insurance too.
• Discount for Passive Restraints – Factory options such as air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.

Consumers should know that most discounts do not apply to the overall cost of the policy. Some only reduce individual premiums such as liability, collision or medical payments. Even though it may seem like adding up those discounts means a free policy, it’s just not the way it works.

A list of companies and some of the premium reductions they offer are outlined below.

• Farm Bureau offers discounts for safe driver, driver training, good student, multi-policy, multi-vehicle, youthful driver, and 55 and retired.
• State Farm includes discounts for safe vehicle, Steer Clear safe driver discount, driver’s education, accident-free, and passive restraint.
• Progressive policyholders can earn discounts including good student, online signing, multi-policy, online quote discount, continuous coverage, and homeowner.
• Allstate has savings for eSmart discount, FullPay discount, 55 and retired, premier discount, resident student, and new car.
• Nationwide may include discounts for easy pay, anti-theft, business or organization, accident-free, Farm Bureau membership, and multi-policy.
• MetLife may have discounts that include multi-policy, claim-free, good driver, accident-free, defensive driver, and good student.

Before you buy a policy, ask each insurance company to apply every possible discount. Some credits may not apply to policies in every state. To find providers that offer discounts, enter your zip code here.

There’s no such thing as the perfect auto insurance policy

When it comes to choosing proper insurance coverage, there really is no “perfect” insurance plan. Every situation is different so your insurance should reflect that For instance, these questions might point out if your insurance needs will benefit from professional help.

• When can I cancel my policy?
• Are my friends covered when driving my car?
• Is my babysitter covered when using my vehicle?
• Can I rent a car in Mexico?
• When would I need additional glass coverage?
• Does my 2016 Chrysler 200 need full coverage?
• How much underlying liability do I need for an umbrella policy?
• Is a new car covered when I drive it off the dealer lot?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out your zip code. It’s fast, free and can provide invaluable advice.

Specific coverages for a 2016 Chrysler 200

Having a good grasp of insurance can be of help when determining which coverages you need and proper limits and deductibles. Insurance terms can be ambiguous and nobody wants to actually read their policy. These are the normal coverages found on the average insurance policy.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as nursing services, dental work, chiropractic care and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Collision coverage protection

Collision coverage covers damage to your 200 resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like backing into a parked car, colliding with a tree, sideswiping another vehicle, colliding with another moving vehicle and scraping a guard rail. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Auto liability insurance

Liability coverage can cover damage that occurs to people or other property by causing an accident. It protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Another option is a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like emergency aid, pain and suffering, funeral expenses, loss of income and medical services. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Comprehensive coverage

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like falling objects, damage from getting keyed, hail damage and theft. The maximum payout your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Chrysler 200.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Most of the time these coverages do not exceed the liability coverage limits.

Shop Smart and Save

As you go through the steps to switch your coverage, never reduce needed coverages to save money. In too many instances, an insured cut physical damage coverage only to regret at claim time they didn’t have enough coverage. Your goal is to purchase a proper amount of coverage at the best possible price, but don’t skip important coverages to save money.

A few companies do not offer the ability to get a quote online and many times these smaller companies prefer to sell through independent agents. Affordable 2016 Chrysler 200 insurance can be purchased both online as well as from insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from.