Dodge Challenger SRT-8 Insurance Rates

The average insurance rates for a Dodge Challenger SRT-8 are $1,850 a year for full coverage. Comprehensive insurance costs approximately $466 a year, collision costs $794, and liability costs around $410. Liability-only insurance costs as low as $486 a year, with high-risk driver insurance costing $3,976 or more. Teen drivers cost the most to insure at $6,590 a year or more.

Annual premium for full coverage: $1,850

Policy rates by individual coverage type:

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Dodge Challenger Trim Level

These price differences show why it is important for drivers to compare prices using their specific location, instead of making a decision based on price averages.

Use the form below to get rates for your location.

Auto insurance rates for a Dodge Challenger SRT-8 also range considerably based on the model year of your Challenger, how you drive, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you could be paying anywhere from $2,200 to $2,900 in extra premium every year, depending on your age. A high-risk auto insurance policy can be from 44% to 133% more than average. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,700 a year, or $142 per month, for full coverage. Prices are highest for teenagers, since even teens with perfect driving records will have to pay in the ballpark of $6,500 a year. View Rates by Age

Your home state has a huge impact on Dodge Challenger SRT-8 insurance prices. A driver around age 40 might see prices as low as $900 a year in states like Iowa, Maine, and Idaho, or as much as $1,950 on average in Montana, Louisiana, and Michigan. Rates by state and city are shown later in the article.

Choosing high deductibles could cut prices by as much as $840 annually, while buying higher liability limits will push prices upward. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise prices by up to $369 extra every year. View Rates by Deductible or Liability Limit

Because prices have so much variability, the only way to know which insurance company is cheapest is to get quotes from multiple companies. Each insurance company uses a different rate calculation, and quoted rates will be varied.

View Chart as Image

Chart shows Dodge Challenger SRT-8 insurance prices for different risks and coverage choices. The cheapest discount price is $1,053. Drivers who choose higher $1,000 deductibles will pay $1,562. The average price for a middle-aged driver with a clean driving record using $500 deductibles is $1,850. Choosing low $100 deductibles for comprehensive and collision insurance could cost up to $2,402. High risk drivers could be charged around $3,976. The cost for full coverage for a teenager can be as high as $6,590.

View Chart as Image