Find Cheaper Dodge Challenger Insurance in Oakland

Insurance rates Dodge Challenger in OaklandThe most effective way to get cheaper car insurance rates is to compare quotes annually from insurers in Oakland.

First, try to understand how car insurance works and the modifications you can make to keep rates in check. Many risk factors that drive up the price like at-fault accidents, careless driving, and a low credit rating can be controlled by being financially responsible and driving safely. Read the full article for information to prevent expensive rate increases and get additional discounts that may have been overlooked.

Second, quote rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO or Farmers Insurance, while independent agencies can quote prices for many different companies.

Third, compare the quotes to the premium of your current policy to see if cheaper Challenger coverage is available in Oakland. If you find a better price and make a switch, verify that coverage does not lapse between policies.

One piece of advice is to make sure you’re comparing similar limits and deductibles on every quote and and to analyze as many companies as possible. This guarantees an apples-to-apples comparison and and a good selection of different prices.

A study showed that over 70% of drivers have stayed with the same insurance company for well over three years, and nearly half have never quoted car insurance rates at all. Most drivers in Oakland could save themselves almost $500 a year by just comparing quotes, but they just feel it’s too hard to find lower-cost car insurance rates.

If you currently have a car insurance policy, you will be able to find better prices using the following tips. Locating the best insurance company for you in Oakland can initially seem challenging. But California vehicle owners must know the methods companies use to compete online because it can help you find the best coverage.

To get the cheapest Dodge Challenger rate quotes, there a variety of ways to get quotes from different companies. The easiest way to comparison shop is to perform an online rate comparison.

Comparing rate quotes online is fast and free, and it takes the place of having to call or drive to each insurance agency near you. Quoting Dodge Challenger insurance online eliminates the need for an insurance agent unless your situation requires the peace of mind only provided by licensed Oakland agents. Drivers can comparison shop online but have your policy serviced through an agent.

When comparison shopping, comparing all the rates in your area helps you find better pricing. Some regional insurers cannot provide online rate quotes, so you should also compare price quotes on coverage from those companies, too.

The companies shown below have been selected to offer price quotes in Oakland, CA. If you want the cheapest car insurance in Oakland, CA, we suggest you visit as many as you can to get a more complete price comparison.

Dodge Challenger insurance coverage information

The rate information shown below showcases detailed analysis of insurance premium costs for Dodge Challenger models. Being able to understand how policy rates are formulated can aid in making smart choices when purchasing an auto insurance policy.

Dodge Challenger Insurance Rates in Oakland, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Challenger SE $206 $362 $480 $28 $144 $1,220 $102
Challenger R/T $228 $418 $480 $28 $144 $1,298 $108
Challenger SRT-8 $250 $472 $480 $28 $144 $1,374 $115
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Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Rates do not factor in specific zip code location which can modify premium rates greatly.

Analysis of deductible levels

One of the more difficult decisions when buying car insurance is where to set your physical damage deductibles. The rates shown below lay out the cost difference when you select higher and lower comp and collision deductibles. The first rate comparisons uses a $100 comprehensive and collision deductible and the second rate chart uses a $500 deductible.

Dodge Challenger insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Challenger SE $478 $810 $500 $30 $150 $1,993 $166
Challenger R/T $528 $932 $500 $30 $150 $2,165 $180
Challenger SRT-8 $576 $1054 $500 $30 $150 $2,335 $195
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Dodge Challenger insurance premium rates with $500 deductibles
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
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Prices do not factor in specific location information which can change prices greatly.

We can derive from the above data that using a $100 deductible could cost the average driver approximately $39 more each month or $468 each year averaged for all Challenger models than choosing the higher $500 deductible. Since you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you go more than 10 months between claims, you would save money by going with a higher deductible. Below is a better example of how you can make this decision for your own policy.

Average monthly premium for $100 deductibles: $180
Average monthly premium for $500 deductibles (subtract): – $141
Monthly savings from raising deductible: $39
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $39
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 10 months

Illustration showing the impact of accidents and violations

The example below demonstrates how speeding tickets and at-fault accidents increase Dodge Challenger annual premium costs for different age groups. The prices are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are factored in.

Car insurance prices based on gender

The example below shows the difference between Dodge Challenger auto insurance costs for male and female drivers. The price estimates are based on no violations or accidents, full physical damage coverage, $1,000 deductibles, single status, and no discounts are applied to the premium.

Full coverage or liability only

The example below illustrates the comparison of Dodge Challenger insurance costs with liability coverage only compared to full coverage. The data assumes no driving violations, no at-fault accidents, $1,000 deductibles, drivers are single, and no other discounts are factored in.

When to switch to liability coverage only

There is no definitive rule to eliminate physical damage coverage on your policy, but there is a general convention. If the annual cost of having full coverage is more than about 10% of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.

For example, let’s say your Dodge Challenger replacement cost is $7,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $6,000 after paying your policy deductible. If you are currently paying more than $600 annually to have full coverage, then it could be time to drop full coverage.

There are some circumstances where dropping full coverage is not advised. If you haven’t satisfied your loan, you have to maintain full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should keep full coverage.

Getting quotes from local Oakland insurance agencies

Certain consumers still like to sit down with an agent and that is recommended in a lot of cases An additional benefit of comparing rates online is you can get the lowest rates and still have an agent to talk to.

To find an agent, once you fill out this simple form, your coverage information is instantly submitted to companies in Oakland who will give you quotes for your auto insurance coverage. It simplifies rate comparisons since you won’t have to contact any agents as quotes are delivered to you directly. It’s the lowest rates AND an agent nearby. If you wish to get a comparison quote from a specific company, just find their quoting web page and complete a quote there.

Picking an insurance company needs to be determined by more than just a cheap price. Agents should be asked these questions: