If you want to find the absolute lowest rates, then the best way to get discount Dodge Challenger insurance in San Jose is to do an annual price comparison from insurance carriers who sell auto insurance in California.
First, take a little time to learn about what coverages are included in your policy and the modifications you can make to prevent high rates. Many risk factors that result in higher prices like getting speeding tickets and poor credit history can be controlled by paying attention to minor details.
Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from a single company like GEICO or State Farm, while independent agents can provide price quotes for many different companies. Compare rates now
Third, compare the price quotes to your current policy premium to see if cheaper Challenger coverage is available in San Jose. If you can save money, make sure coverage does not lapse between policies.
An important part of this process is to make sure you’re comparing similar deductibles and liability limits on every quote request and and to get rates from as many different insurance providers as possible. Doing this provides an accurate price comparison and a thorough selection of prices.
It’s safe to conclude that insurance companies want to keep you from comparing rates. Consumers who rate shop once a year will, in all likelihood, move their business because there is a good probability of finding lower prices. Remarkably, a study showed that people who regularly compared rates saved over $3,500 over four years compared to policyholders who never shopped around for cheaper prices.
If finding discount rates on Dodge Challenger insurance in San Jose is why you’re reading this, learning how to quote and compare car insurance can help make the process easier and more efficient.
Affordable San Jose Dodge Challenger insurance
Lowering your auto insurance rates doesn’t have to be difficult. Just invest a few minutes to compare rate quotes to discover which company has affordable San Jose auto insurance quotes.
The companies shown below provide free rate quotes in San Jose, CA. If several companies are displayed, we recommend you compare several of them to get the lowest price.
Best reasons to buy auto insurance in California
Despite the high cost of buying insurance for a Dodge Challenger in San Jose, insurance serves an important purpose.
First, the majority of states have mandatory insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability insurance in order to drive the car legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if your Challenger has a lienholder, it’s guaranteed your bank will make it mandatory that you carry insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the bank may buy a policy for your Dodge for a lot more money and make you pay the higher premium.
Third, insurance protects not only your Dodge but also your financial assets. It also can pay for all forms of medical expenses for not only you but also any passengers injured in an accident. Liability insurance also pays for attorney fees and expenses if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance outweigh the cost, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver overpays as much as $800 each year so you should quote rates each time the policy renews to ensure rates are inline.
Car insurance analysis for a Dodge Challenger
The premium table below showcases detailed analysis of insurance costs for Dodge Challenger models. Having a good understanding how prices are figured can be valuable when making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Challenger SE | $530 | $996 | $674 | $40 | $202 | $2,442 | $204 |
| Challenger R/T | $586 | $1146 | $674 | $40 | $202 | $2,648 | $221 |
| Challenger SRT-8 | $640 | $1296 | $674 | $40 | $202 | $2,852 | $238 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Prices do not factor in vehicle location which can increase or decrease prices greatly.
Deductible comparison
One of the more difficult decisions when buying car insurance is what deductibles to buy. The rates shown below can help you visualize how much more rates are when you select higher and lower physical damage coverage deductibles. The first price estimate table uses a $250 comprehensive and collision deductible and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Challenger SE | $430 | $678 | $500 | $30 | $150 | $1,813 | $151 |
| Challenger R/T | $474 | $780 | $500 | $30 | $150 | $1,959 | $163 |
| Challenger SRT-8 | $518 | $882 | $500 | $30 | $150 | $2,105 | $175 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Challenger SE | $348 | $546 | $500 | $30 | $150 | $1,574 | $131 |
| Challenger R/T | $384 | $630 | $500 | $30 | $150 | $1,694 | $141 |
| Challenger SRT-8 | $420 | $712 | $500 | $30 | $150 | $1,812 | $151 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Rates do not factor in garaging location in San Jose which can influence premiums greatly.
Based on the above data, using a $250 deductible will cost you about $22 more each month or $264 every year across all Dodge Challenger models than requesting the higher $500 deductible. Because you would be required to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to average at a minimum 11 months between claims, you would save more money by going with a higher deductible.
Dodge Challenger insurance rates by age and gender
The diagram below visualizes the comparison of Dodge Challenger insurance rates for male and female drivers. The data is based on no tickets, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, drivers are single, and no discounts are taken into consideration.
Difference between liability only and full coverage rates
The information below shows the difference between Dodge Challenger auto insurance rates with full physical damage coverage and with liability coverage only. The rate quotes are based on no accidents or driving violations, $100 deductibles, single marital status, and no discounts are applied to the premium.
When to drop comprehensive and collision coverage
There isn’t a steadfast formula for dropping comp and collision coverage, but there is a guideline you can use. If the yearly cost for physical damage coverage is about 10% or more of replacement cost minus your deductible, then you might consider buying liability only.
For example, let’s say your Dodge Challenger replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $3,000 after paying your policy deductible. If premium cost is more than $300 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.
There are a few cases where dropping full coverage is not recommended. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not consider dropping full coverage.
Don’t overlook these Dodge Challenger insurance discounts
Car insurance is not an enjoyable expense, but companies offer discounts to reduce the price significantly. Larger premium reductions will be automatically applied when you get a quote, but a few need to be inquired about before you will receive the discount. If you aren’t receiving every discount you deserve, you are paying more than you should be.
- Active Military Service – Having a family member in the military could be rewarded with lower rates.
- Fewer Miles Equal More Savings – Fewer annual miles on your Dodge could earn discounted car insurance rates on garaged vehicles.
- Air Bag Discount – Factory air bags may get savings of 20% or more.
- Discounts for Seat Belt Usage – Buckling up and requiring all passengers to wear their seat belts could save 15% on the medical payments or PIP coverage costs.
- Resident Student – College-age children who are enrolled in higher education away from home and do not have a car may qualify for this discount.
- Driver Safety – Taking part in a class that teaches driver safety techniques is a good idea and can lower rates depending on where you live.
- Discount for Swiching Early – A few insurance companies allow discounts for switching policies prior to your current Challenger insurance policy expiration. You may see this discount when you get San Jose auto insurance quotes online.
- Federal Government Employee – Federal government employees could qualify for a slight premium decrease with select insurance companies.
- Multiple Cars – Buying a policy with several vehicles on the same car insurance policy can reduce the rates for all insured vehicles.
A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. A few only apply to the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like all the discounts add up to a free policy, you aren’t that lucky.
The information below compares Dodge Challenger yearly insurance costs with and without discounts applied to the policy rates. The information is based on a male driver, a clean driving record, no at-fault accidents, California state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, safe-driver, homeowner, and marriage discounts applied.
Some of the larger companies who might offer many of the previously listed discounts include:
If you need affordable Dodge Challenger insurance quotes, ask every prospective company which credits you are entitled to. Some discounts listed above may not be offered in San Jose. If you would like to choose from a list of providers who offer car insurance discounts in San Jose, click this link.