Auto Insurance Rates for a Dodge Charger in Los Angeles

Want to learn how to save money and find lower-priced Dodge Charger insurance in Los Angeles? Are you regretting buying high-priced Dodge Charger insurance in Los Angeles? Don’t sweat it because there are many Los Angeles drivers thinking the same thing.

Remarkably, a study showed that most auto insurance customers have been with the same company for at least four years, and nearly half have never compared rates with other companies. Many consumers in Los Angeles could save an average of nearly 35% each year, but they just don’t understand how much money they would save if they bought a different policy. Since you have so many choices of insurance companies that have affordable insurance for a Dodge Charger in Los Angeles, it is hard for the average consumer to find the most cost effective company.

Companies offering cheap Dodge Charger rate quotes in Los Angeles, CA

The companies shown below have been selected to offer comparison quotes in California. If multiple companies are shown, it’s a good idea that you visit several of them in order to find the most competitive rates.

Dodge Charger insurance coverage information

The coverage information displayed below highlights detailed analysis of insurance premium costs for Dodge Charger models. Knowing how auto insurance prices are figured can be of help when making smart choices when buying a policy.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Price estimates do not factor in specific Los Angeles garaging location which can change auto insurance rates noticeably.

Deductible comparison

One of the more difficult decisions when buying car insurance is which deductible level should you buy. The rates shown below highlight the rate difference of buying low and high physical damage coverage deductibles. The first rate comparisons uses a $250 comprehensive and collision deductible and the second set of rates uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Rate information does not factor in vehicle garaging location which can decrease or increase insurance rates substantially.

Based on the figures above, using a $250 deductible costs approximately $21 more each month or $252 each year across all Dodge Charger models than selecting the higher $500 deductible. Since the policyholder 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 go at a minimum 12 months between claims, you would most likely save money if you elect the higher deductible. The table below shows a better example of how you can perform this determination yourself.

One thing to note is that raising deductibles to save money means you will have to cover more of the damage yourself when you file a claim. You must have enough extra savings in the event you need to pay the higher deductible in order to repair your vehicle.

The information below shows how different deductible levels and can affect Dodge Charger insurance premiums for different insured age categories. The information is based on a single male driver, full coverage, and no discounts are factored in.

Car insurance premiums by gender

The chart below compares Dodge Charger insurance costs for male and female drivers. The data assumes no violations or claims, comprehensive and collision coverage, $500 deductibles, single status, and no discounts are taken into consideration.

Does it make sense to buy full coverage?

The diagram below shows the difference between Dodge Charger insurance costs with and without full coverage. The data is based on no tickets, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are factored in.

When to drop comprehensive and collision coverage

There isn’t a written rule to stop buying comp and collision coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of replacement cost minus your deductible, then it might be time to buy liability only.

For example, let’s assume your Dodge Charger claim settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $7,000 after you pay the deductible. If it’s costing in excess of $700 annually for full coverage, the it may be a good time to stop paying for full coverage.

There are a few cases where removing full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should keep full coverage on your policy.

Get More Affordable Insurance Premiums by Understanding These Factors

Many factors are taken into consideration when you get your auto insurance bill. A few of the factors are predictable such as your driving record, but other factors are not quite as obvious like your continuous coverage or your vehicle rating. An important part of buying insurance is that you know some of the elements that are used to determine the price you pay for auto insurance. If you have a feel for what determines premiums, this helps enable you to make changes that may reward you with big savings.

• Prices may be higher where you live – Being located in small towns and rural areas can be a good thing when it comes to auto insurance. Fewer drivers and short commutes means reduced accidents and also fewer theft and vandalism claims. Drivers who live in large California cities have to deal with more auto accidents and much longer commute distances. More time commuting means higher likelihood of an accident.
• Coverage lapses lead to higher premiums – Having a gap between insurance policy dates is a guaranteed way to drive up your policy premiums. In addition to paying higher rates, being ticketed for driving with no insurance might get you a license revocation or jail time.
• Cut premiums and deter theft – Owning a car with advanced anti-theft systems can save you some money. Advanced theft deterrents like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping car theft.

• Pay more by driving carelessly – Only having one moving violation may increase your cost by as much as thirty percent. Attentive drivers receive lower rates than people who have multiple driving citations. Drivers unfortunate enough to have severe citations such as DUI or willful reckless driving may be required to submit a SR-22 form with their state motor vehicle department in order to continue driving.

  The illustration below illustrates how speeding tickets and at-fault fender-benders impact Dodge Charger insurance costs for each age group. The data is based on a married male driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.

• Insurance loss data for Dodge Charger vehicles – Insurers analyze the history of losses when setting premium rates. Models that the statistics show to have higher number or severity of losses will be charged more to insure. The information below illustrates the loss history for Dodge Charger vehicles.

  For each policy coverage, the statistical loss for all vehicles, regardless of make or model, is set at 100. Values under 100 imply a favorable loss record, while numbers above 100 show a trend for more claims or an increased chance of larger losses than average.

  
  

  Auto Insurance Loss Data for Dodge Charger Models

  Specific Dodge Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Dodge Charger 2WD	148	142	160	176	178	159
  Dodge Charger 4WD	124	129	115	107	110	138
  Dodge Charger HEMI	156	106	202	118	127	111

  BETTER

  AVERAGE

  WORSE

  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Discounts mean cheaper rates for Dodge Charger insurance in Los Angeles

Insurance can cost an arm and a leg, but there could be significant discounts that could help you make your next renewal payment. Many of these discounts will be applied automatically when you get a quote, but a few must be requested specifically prior to receiving the credit. If you do not check that you are getting every discount possible, you could be saving more on your insurance.

• Good Driver Discounts – Safe drivers may receive a discount up to 45% than less cautious drivers.
• Discount for Life Insurance – Select insurance companies reward you with a small discount if you purchase a life policy as well.
• Anti-theft System – Anti-theft and alarm system equipped vehicles prevent vehicle theft so companies will give you a small discount.
• Fewer Miles Equal More Savings – Low annual miles can earn slightly better insurance rates than normal.
• ABS Braking Discount – Cars equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
• Full Payment Discount – By making one initial payment instead of making monthly payments you may reduce your total bill.
• Discounts for New Vehicles – Buying a new car instead of a used Charger is cheaper compared to insuring an older model.
• Student Discount for Driver Training – Teen drivers should enroll in driver’s education in school.
• Federal Employees – Active or former government employment may reduce rates when you quote Los Angeles car insurance with select insurance companies.
• Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to buckle up can save 10% or more on the premium charged for medical payments and/or PIP.

Just know that some credits don’t apply to the overall cost of the policy. Most only cut specific coverage prices like medical payments or collision. Just because it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way. Any qualifying discounts should definitely cut your insurance premiums.

The diagram below illustrates the comparison of Dodge Charger auto insurance costs with and without discounts applied to the premium. The rate quotes are based on a female driver, a clean driving record, no claims, California state minimum liability limits, full 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, marriage, multi-policy, claim-free, homeowner, and safe-driver discounts applied.

Large insurance companies and some of their more popular discounts can be read below.

• Travelers has discounts for driver training, save driver, home ownership, payment discounts, and continuous insurance.
• 21st Century discounts include teen driver, air bags, driver training, automatic seat belts, early bird, and good student.
• State Farm may have discounts that include multiple policy, safe vehicle, anti-theft, accident-free, Steer Clear safe driver discount, defensive driving training, and passive restraint.
• GEICO offers premium reductions for anti-theft, five-year accident-free, air bags, multi-vehicle, good student, and anti-lock brakes.
• SAFECO policyholders can earn discounts including drive less, bundle discounts, safe driver, anti-theft, anti-lock brakes, accident prevention training, and multi-car.
• AAA offers discounts for anti-theft, multi-policy, good driver, multi-car, and good student.

If you want inexpensive Los Angeles car insurance quotes, ask every company which credits you are entitled to. Some credits may not apply to policyholders everywhere. If you would like to view providers with the best Dodge Charger insurance discounts in Los Angeles, follow this link.

Local Los Angeles insurance agents

Many people prefer to visit with an insurance agent and that can be a smart move Agents can help determine the best coverages and will help you if you have claims. The best thing about comparing auto insurance online is the fact that drivers can get lower rates but still work with a licensed agent. Buying from and supporting neighborhood agents is important particularly in Los Angeles.

To find an agent, once you fill out this form (opens in new window), the coverage information gets sent to local insurance agents who can give free rate quotes for your coverage. It’s much easier because you don’t need to even leave your home because prices are sent directly to you. In the event you want to get a comparison quote from one company in particular, just visit that company’s website and complete a quote there.

Los Angeles auto insurance agents come in two flavors

If you are wanting to find a good Los Angeles insurance agent, you must know there are a couple types of agencies and how they can service your needs differently. Auto insurance agencies can be classified as either exclusive or independent. Either type can sell and service auto insurance coverage, but it’s good to learn the difference between them because it can influence which agent you choose.

Independent Agents

Independent agents can quote rates with many companies and that is an advantage because they can write policies with multiple insurance companies and get the cheapest rates. If prices rise, an independent agent can move your coverage which is easy for the insured. When comparing rate quotes, you should always include a few independent agents to have the best price comparison.

The following is a list of independent insurance agencies in Los Angeles who may provide free auto insurance quotes.

View more agents

Exclusive Auto Insurance Agents

Exclusive agents have only one company to place business with and some examples include Allstate, Farmers Insurance or State Farm. Exclusive agencies are unable to shop your coverage around so it’s a take it or leave it situation. Exclusive agencies are very knowledgeable on what they offer which can be an advantage.

Below are exclusive agencies in Los Angeles that can give you price quotes.

View more agents

Choosing the best car insurance agent requires more thought than just the quoted price. The following questions are important to ask.

• What kind of financial rating does the company have?
• How much can you save by raising your physical damage deductibles?
• Will they make sure you get an adequate claim settlement?
• Is the agent CPCU or CIC certified?
• Are claims handled at the agent’s location?
• Do they receive special compensation for putting your coverage with one company over another?

Affordable coverage is out there

Throughout this article, we presented quite a bit of information on how to reduce Dodge Charger insurance car insurance rates online in Los Angeles. It’s most important to understand that the more providers you compare, the better your comparison will be. Consumers could even find that the best car insurance rates are with the smaller companies. Regional companies may often insure only within specific states and give better rates compared to the large companies like Progressive and GEICO.

The cheapest Dodge Charger insurance in Los Angeles can be purchased online as well as from independent agents in Los Angeles, and you need to price shop both in order to have the best chance of saving money. Some auto insurance companies don’t offer rates over the internet and these regional carriers provide coverage only through independent agents.

As you shop your coverage around, do not skimp on coverage in order to save money. There have been many cases where an insured dropped liability coverage limits only to find out that it was a big error on their part. The proper strategy is to buy enough coverage at the lowest possible cost, not the least amount of coverage.

Additional information can be read at the links below

• What is Gap Insurance? (Insurance Information Institute)
• How Much is Auto Insurance for Hybrid Vehicles in Los Angeles? (FAQ)
• Who Has the Cheapest Car Insurance Rates for Real Estate Agents in Los Angeles? (FAQ)
• Who Has Cheap Auto Insurance for Unemployed Drivers in Los Angeles? (FAQ)
• What Car Insurance is Cheapest for Teachers in Los Angeles? (FAQ)
• Who Has Cheap Los Angeles Auto Insurance for 19 Year Olds? (FAQ)
• Who Has Affordable Auto Insurance for a Chevrolet Silverado in Los Angeles? (FAQ)
• All About Airbag Safety (State Farm)
• Auto Insurance for Teen Drivers (Insurance Information Institute)