Sad but true, 70% of consumers kept their policy with the same company for four years or more, and almost half have never compared rates from other carriers. American drivers could save an average of up to 47% each year by just shopping around, but they just don’t understand the actual amount they would save if they bought a different policy.
The preferred way to save on car insurance rates in Aurora is to annually compare prices from providers in Colorado.
- Learn about coverages and the modifications you can make to lower rates. Many things that result in higher prices like accidents, traffic violations, and an unacceptable credit rating can be rectified by improving your driving habits or financial responsibility.
- Compare price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only provide price estimates from one company like Progressive and State Farm, while independent agencies can give you price quotes for a wide range of insurance providers.
- Compare the new rate quotes to the premium of your current policy to see if cheaper 300 coverage is available. If you find better rates and decide to switch, verify that coverage does not lapse between policies.
A good tip to remember is to use the same coverage limits and deductibles on each price quote and and to get rates from all possible companies. This provides a fair rate comparison and a thorough selection of prices.
Buying the cheapest insurance in Aurora is not rocket science. Basically, every person who is overpaying for insurance will probably be able to find lower rates. Although Colorado car owners need to have an understanding of the way insurance companies set your policy premium and take advantage of how the system works.
Affordable Chrysler insurance price quotes in Aurora
The companies in the list below are our best choices to provide price comparisons in Aurora, CO. To get cheap car insurance in Aurora, it’s highly recommended you click on several of them in order to find the lowest rates.
Detailed insurance information
The data table displayed next covers estimates of prices for Chrysler 300 models. Understanding more about how policy premiums are figured can be useful when making decisions on which coverage to buy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|300 Touring 4-Dr Sedan||$264||$528||$396||$24||$118||$1,330||$111|
|300 Touring Plus 4-Dr Sedan||$264||$528||$396||$24||$118||$1,330||$111|
|300 Touring AWD 4-Dr||$264||$528||$396||$24||$118||$1,330||$111|
|300 S V6 4-Dr Sedan||$264||$528||$396||$24||$118||$1,330||$111|
|300 Touring Signature 4-Dr Sedan||$264||$528||$396||$24||$118||$1,330||$111|
|300 Touring Executive 4-Dr Sedan||$264||$528||$396||$24||$118||$1,330||$111|
|300 Touring Signature AWD 4-Dr||$294||$608||$396||$24||$118||$1,440||$120|
|300 Limited 4-Dr Sedan||$294||$608||$396||$24||$118||$1,440||$120|
|300 C 4-Dr Sedan||$294||$608||$396||$24||$118||$1,440||$120|
|300 S V8 4-Dr Sedan||$294||$608||$396||$24||$118||$1,440||$120|
|300 Limited AWD 4-Dr||$294||$608||$396||$24||$118||$1,440||$120|
|300 C AWD 4-Dr||$294||$608||$396||$24||$118||$1,440||$120|
|300 SRT-8 4-Dr Sedan||$294||$608||$396||$24||$118||$1,440||$120|
|Get Your Own Custom Quote Go|
Data variables include single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Rates do not factor in zip code location which can affect coverage prices substantially.
The chart below illustrates how your deductible choice and can impact Chrysler 300 premium costs for each different age group. The premiums are based on a married male driver, full physical damage coverage, and no discounts are factored in.
Price comparison of only insuring for liability
The chart below compares Chrysler 300 premium costs with full coverage and liability only. The prices are based on no violations or accidents, $250 deductibles, drivers are not married, and no policy discounts are applied.
Should you pay for full coverage?
There is no exact formula that is best for determining when to drop physical damage coverage on your policy, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.
For example, let’s say your Chrysler 300 book value is $7,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $6,000 after the policy deductible has been paid. If it’s costing you more than $600 a year for full coverage, then it could be time to drop full coverage.
There are some conditions where buying only liability insurance is not recommended. If you still owe money on your vehicle, you must maintain physical damage coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should maintain full coverage.
What Determines Chrysler 300 Insurance Premiums?
Multiple criteria are considered when premium rates are determined. Some are obvious such as traffic violations, but other criteria are not quite as obvious such as your credit history or your vehicle rating. It’s important that you understand some of the elements that help calculate your policy premiums. If you know what determines base rates, this enables you to make decisions that can help you get lower premium levels.
Premiums increase with driving tickets – Only having one speeding ticket or other violation can bump up the cost substantially. Drivers with clean records tend to pay less for car insurance than people who have multiple driving citations. Drivers with multiple violations such as DWI, reckless driving or hit and run convictions are required to maintain a SR-22 with their state DMV in order to prevent a license revocation.
The illustration below illustrates how traffic citations and accident claims can raise Chrysler 300 insurance rates for each age group. The premiums assume a single male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied to the premium.
Certain vocations pay higher rates – Jobs such as judges, architects, and accountants tend to have higher premiums than the average policyholder in part from intense work requirements and lots of time spent at work. On the other hand, jobs like actors, historians and homemakers get better rates.
Safer vehicles are cheaper to insure – Vehicles with high crash test scores are cheaper to insure. These vehicles help reduce the chance of injuries in an accident and better occupant protection translates into savings for insurance companies which can result in lower premiums.
Do you save by driving less? – Driving a lot of miles annually the more you will pay for car insurance. Almost all companies charge to insure your cars based on their usage. Cars that are left in the garage qualify for better rates than those used for commuting. Double check that your car insurance declarations sheet is rated on the right rating data. Improper usage on your 300 is just wasting money.
Rates for men may be higher – The statistics show that men are more aggressive behind the wheel. Now that doesn’t mean females are better at driving than males. Males and females are in at-fault accidents at about the same rate, but males have accidents that have higher claims. Not only are claims higher, but men get more serious tickets such as reckless driving.
The illustration below shows the difference between Chrysler 300 auto insurance rates for male and female drivers. The prices are based on no violations or accidents, comprehensive and collision coverage, $500 deductibles, single marital status, and no discounts are factored in.
Discounts for multiple policies – The majority of insurance companies provide lower prices to people that purchase more than one policy in the form of a multi-policy discount. Discounts can be ten or even up to twenty percent in some cases. Even if you qualify for this discount already, you still need to shop around to verify if the discount is saving money.There is a good possibility that you can save even more even if you have your coverage with different companies
High physical damage deductibles equal low rates – The deductibles you choose are the amount of money you are required to spend if you file a covered claim. Protection for physical damage, also known as collision and other-than-collision, is used to repair damage to your car. A few examples of covered claims are colliding with a stationary object, damage caused by hail, and damage from wind. The more of the claim you pay before a claim is paid (deductible), the bigger discount you will receive.
Chrysler 300 insurance loss data – Insurance companies study historical loss data to calculate a price that will offset losses. Models that the data shows to have a trend towards higher claim severity or frequency will cost more for coverage.
The data below shows the compiled insurance loss statistics for Chrysler 300 vehicles. For each insurance policy coverage type, the statistical loss for all vehicles, regardless of manufacturer or model, equals 100. Values under 100 represent a good loss history, while percentage values above 100 indicate higher probability of having a loss or an increased probability of a larger loss.
|Specific Chrysler Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Chrysler 300 2WD||115||103||178||134||136||114|
|Chrysler 300 4WD||109||100||206||113||96||104|
|Chrysler 300 HEMI||125||96||225||105||114||117|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Lower your car insurance rates with discounts
Car insurance is neither fun to buy or cheap, but there could be available discounts that could help you make your next renewal payment. Some trigger automatically at the time of purchase, but lesser-known reductions have to be asked about before you get the savings.
- Telematics Data – Drivers who elect to allow driving data submission to analyze driving manner by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction if they have good driving habits.
- Renewal Discounts – Some insurance companies reward drivers for switching policies early. The savings is around 10%.
- Senior Citizens – Drivers that qualify as senior citizens can get reduced rates.
- Distant College Student Discount – Kids who attend college more than 100 miles from Aurora and don’t have a car can receive lower rates.
- Pay Early and Save – If you can afford to pay the entire bill rather than paying monthly you can avoid monthly service charges.
- Good Driver Discounts – Insureds who avoid accidents can get discounts for up to 45% lower rates than their less cautious counterparts.
- New Vehicle Savings – Buying coverage on a new vehicle is cheaper because newer vehicles are generally safer.
- Federal Government Employee – Employees or retirees of the government may qualify for a discount when you quote Aurora car insurance depending on your company.
Just know that most of the big mark downs will not be given to the whole policy. Some only reduce the price of certain insurance coverages like liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, you won’t be that lucky.
The illustration below shows the comparison of Chrysler 300 insurance prices with and without policy discounts. The premiums assume a female driver, no claims or driving violations, Colorado state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, claim-free, marriage, homeowner, and multi-car discounts applied.
Car insurance companies who might offer these discounts are:
Before you buy a policy, ask all the companies which credits you are entitled to. Some of the discounts discussed earlier might not be offered in every state.
You may need help from a local insurance agent
Some people still prefer to have an agent’s advice and that is recommended in a lot of cases The best thing about getting free rate quotes online is the fact that you can find better rates and also buy local.
For easy comparison, once you complete this form (opens in new window), the quote information is submitted to agents in your area that give free quotes for your insurance coverage. You never need to find an agent as quotes are delivered to you. You’ll get the best rates and a licensed agent to work with. If you have a need to get a comparison quote for a specific company, you can always navigate to their website and submit a quote form there.
Finding a good insurance company requires more thought than just a low price. Any agent in Aurora should have no problem answering these questions:
- If you raise deductibles, how much can you save?
- Are they in the agency full-time?
- Does the company have a solid financial rating?
- Will they give you a referral list?
- If your car is totaled, how to they determine the replacement cost?
- Can glass claims be handled at your home?
- Where are claims handled?
If you get satisfactory answers to these questions as well as offering an affordable quote, most likely you have located a company that meets the criteria to provide insurance coverage. But remember, it’s your policy and you can cancel your coverage for any reason so never assume you’re contractually obligated to your new company indefinitely.
Will just any policy work for me?
When it comes to buying the best car insurance coverage, there is no cookie cutter policy. Your situation is unique and a cookie cutter policy won’t apply.
Here are some questions about coverages that could help you determine whether you may require specific advice.
- Why are teen drivers so expensive to add on to my policy?
- Do I have any recourse if my insurance company denies a claim?
- Do all my vehicles need collision coverage?
- Can I afford to buy a different vehicle if my Chrysler 300 is totaled?
- What vehicles should carry emergency assistance coverage?
- How much coverage applies to personal belongings?
- Does my policy cover my teen driver if they drive my company car?
- Is pet coverage available?
- Is my vehicle covered by my employer’s policy when using it for work?
- Can I cancel at any time?
If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier
The best insurance company isn’t always the cheapest
While you’re price shopping online, don’t be tempted to buy poor coverage just to save money. In many instances, consumers will sacrifice collision coverage only to find out that they should have had better coverage. The goal is to get the best coverage possible at the best possible price and still be able to protect your assets.
We’ve covered quite a bit of information on how to get a better price on Chrysler 300 insurance in Aurora. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the best price on auto insurance is with a company that doesn’t do a lot of advertising. They may cover specific market segments cheaper than the large multi-state companies such as State Farm, GEICO and Nationwide.
The cheapest Chrysler 300 insurance in Aurora is available online and from local agencies, so you need to shop Aurora car insurance with both to have the best selection. Some insurance providers don’t offer the ability to get a quote online and many times these smaller providers sell through independent agencies.
More detailed auto insurance information can be found at these sites:
- Cellphones, Texting and Driving (iihs.org)
- Who Has Cheap Car Insurance for Active Military in Aurora? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Used Cars in Aurora? (FAQ)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Older Driver Statistics (Insurance Information Institute)
- Keeping Children Safe in Crashes Video (iihs.org)