Statistics show that nearly 70% of consumers kept buying from the same company for at least the last four years, and almost half have never compared rates from other carriers. With the average premium in North Carolina being $1,000, drivers can save 10% each year by just comparing rate quotes, but they feel it’s too difficult to compare rate quotes online.
If your goal is the lowest price, then the best way to get more affordable Dodge Caliber insurance in Greensboro is to begin comparing prices regularly from insurance carriers in North Carolina.
First, read about coverages and the steps you can take to prevent expensive coverage. Many risk factors that drive up the price such as speeding and poor credit history can be controlled by making minor driving habit or lifestyle changes. This article provides more ideas to help keep prices low and find additional discounts.
Second, quote rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can provide rates from one company like Progressive and State Farm, while independent agencies can give you price quotes from many different companies.
Third, compare the new rate quotes to your current policy premium to see if you can save by switching companies. If you find a lower rate and switch companies, verify that coverage does not lapse between policies.
Fourth, tell your current agent or company of your intent to cancel your current coverage. Submit a down payment along with a completed application for the new coverage. Once the paperwork is finalized, safely store the certificate of insurance in an easily accessible location in your vehicle.
One important bit of advice is to make sure you’re comparing the same physical damage deductibles and liability limits on each quote and and to get rate quotes from as many auto insurance providers as possible. Doing this provides a fair price comparison and the best rate selection.
Dodge Caliber detailed coverage information
The premium table displayed next outlines a range of insurance premium costs for Dodge Caliber models. Learning how insurance prices are determined can assist in making smart choices when selecting a policy.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Caliber Express | $102 | $234 | $302 | $18 | $90 | $746 | $62 |
Caliber Heat | $102 | $234 | $302 | $18 | $90 | $746 | $62 |
Caliber SE | $102 | $234 | $302 | $18 | $90 | $746 | $62 |
Caliber Mainstreet | $102 | $234 | $302 | $18 | $90 | $746 | $62 |
Caliber Rush | $102 | $234 | $302 | $18 | $90 | $746 | $62 |
Caliber SXT | $102 | $234 | $302 | $18 | $90 | $746 | $62 |
Caliber Uptown | $102 | $234 | $302 | $18 | $90 | $746 | $62 |
Caliber R/T | $116 | $276 | $302 | $18 | $90 | $802 | $67 |
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Price data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Rates do not factor in specific garaging location which can revise coverage rates greatly.
Tickets and at-fault accidents raise rates
The example below shows how violations and accident claims can impact Dodge Caliber premium costs for different categories of driver ages. The data is based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no additional discounts are factored in.
Annual premiums for males compared to females in Greensboro
The example below shows the difference between Dodge Caliber car insurance rates for male and female drivers. The price estimates are based on no driving violations, no at-fault accidents, comp and collision included, $100 deductibles, drivers are not married, and no discounts are applied.
Full coverage versus liability-only
The diagram below illustrates the comparison of Dodge Caliber insurance premiums with full coverage and liability only. The premiums assume no violations or claims, $1,000 deductibles, single status, and no discounts are applied.
When to eliminate full coverage
There is no clear-cut formula of when to exclude physical damage coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than about 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.
For example, let’s pretend your Dodge Caliber replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is severely damaged, you would only receive $2,000 after paying your deductible. If premiums are more than $200 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are some situations where dropping physical damage coverage is not advised. If you still owe a portion of the original loan, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not eliminate full coverage.
Find More Affordable Auto Insurance with These Tips
It’s important that you understand the rating factors that go into determining the price you pay for auto insurance. If you have a feel for what determines premiums, this enables you to make decisions that could help you find big savings.
The itemized list below are a few of the “ingredients” auto insurance companies consider when setting premiums.
Liability coverage – A critical coverage on your policy, liability insurance is the coverage that protects you in the event that you are found liable for causing damage or personal injury in an accident. Liability provides for a legal defense to attempt to prove you were not liable. Liability is cheap compared to comp and collision, so drivers should carry high limits.
Never have coverage lapses – Having a gap between insurance policy dates is a quick way to pay more for auto insurance. In addition to paying higher premiums, getting caught without coverage can result in a steep fine or even jail time.
Discounts for auto and home policies – Most major insurers apply better rates for people that have more than one policy in the form of a multi-policy discount. Discounts can amount to ten or even up to twenty percent in some cases. Even if you already get this discount, drivers will still want to check prices from other companies to ensure the best deal.
Extra coverages are wasting money – There are many additional coverages you can purchase when buying auto insurance. Insurance for things like roadside assistance, accidental death, and Farm Bureau memberships could be just wasting money. They may seem good at first, but if you’ve never needed them in the past eliminate the coverages to reduce your premium.
Keep prices low by being claim-free – Companies in North Carolina award most affordable rates to insureds who do not rely on their insurance for small claims. If you file a lot of claims you can pretty much guarantee higher rates. Your car insurance is intended for claims that pose a financial burden.
Save money by raising coverage deductibles – Insurance for physical damage to your car, also known as collision and other-than-collision, helps pay for damage to your vehicle. Some coverage claims could be a broken windshield, vandalism, and having your car stolen. Deductibles for physical damage represent how much money you are willing to pay before your auto insurance pays a claim. The more money the insured has to pay upfront, the bigger discount you will receive.
Big cities mean more claims – Being located in small towns and rural areas may provide you with better prices when insuring your vehicles. Fewer drivers and short commutes translates into fewer accidents. People who live in big cities tend to have more traffic problems and a longer drive to work. Higher commute times means a statistically higher chance of an accident.
Low credit rating equals high premiums – Having a good credit score factor in calculating your premium rate. So if your credit history is lower than you’d like, you could save money insuring your Dodge Caliber by improving your rating. Consumers who have excellent credit tend to file fewer claims as compared to drivers with lower credit scores.
What is the best car insurance company in Greensboro?
Choosing a highly-rated auto insurance company can be challenging considering how many companies provide coverage in Greensboro. The rank data below could help you choose which coverage providers you want to consider to insure your vehicles.
Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
---|---|---|---|---|---|---|
Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
American Family | 91 | 86 | 95 | 83% | A | 89.7 |
Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
The General | 86 | 93 | 89 | 84% | A- | 88.2 |
GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
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Data Source: Insure.com Best Car Insurance Companies
You can find cheaper coverage
Throughout this article, we presented a lot of techniques to save on Dodge Caliber insurance in Greensboro. The key concept to understand is the more you quote Greensboro auto insurance, the better chance you’ll have of finding cheaper Greensboro auto insurance quotes. Consumers may even find the most savings is with a smaller regional carrier. Regional companies can often insure niche markets at a lower cost compared to the large companies like Allstate, GEICO and Progressive.
As you quote Greensboro auto insurance, do not reduce coverage to reduce premium. In many cases, an insured cut liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy the best coverage you can find at the best price and still be able to protect your assets.
Additional car insurance information is located at the links below
- Cellphones, Texting and Driving (iihs.org)
- Who Has Affordable Greensboro Car Insurance Quotes for Police Officers? (FAQ)
- How Much are Greensboro Car Insurance Quotes for Lyft Drivers? (FAQ)
- Who Has the Cheapest Greensboro Car Insurance Rates for College Graduates? (FAQ)
- What is the Cheapest Car Insurance in Greensboro, North Carolina? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for College Students in Greensboro? (FAQ)
- How Much are Car Insurance Quotes for Infrequent Drivers in Greensboro? (FAQ)
- Side Impact Crash Tests (iihs.org)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- Distracted Driving Extends Beyond Texting (State Farm)