Are you burned out from paying out the nose to buy auto insurance? You are no different than most other people in Florida.
Shocking but true, over 70% of drivers kept buying from the same company for at least the last four years, and roughly 40% of drivers have never even compared quotes to find lower-cost rates. Many drivers in Miami could save themselves approximately $1,130 a year, but they don’t know the amount of savings they would get if they changed companies.
Steps to buying discount Chrysler 300 insurance in Miami
Really, the only way to find discount Chrysler 300 insurance in Miami is to compare quotes once a year from insurance carriers that insure vehicles in Florida.
- Read and learn about how car insurance works and the changes you can make to keep rates low. Many rating criteria that cause high rates like at-fault accidents and a less-than-favorable credit history can be eliminated by making small lifestyle or driving habit changes.
- Quote rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only provide price estimates from one company like GEICO and State Farm, while agents who are independent can quote prices for many different companies.
- Compare the new quotes to your current policy to determine if you can save on 300 insurance in Miami. If you can save money and buy the policy, verify that coverage does not lapse between policies.
- Give notification to your current company of your intent to cancel your current policy and submit payment and a signed application to the new company. Immediately upon receiving it, store the proof of insurance paperwork in an easily accessible location in your vehicle.
A key point to remember is to make sure you’re comparing identical limits and deductibles on every quote and and to get price estimates from as many companies as feasibly possible. Doing this guarantees an apples-to-apples comparison and the most accurate and complete price analysis.
People have so many insurers to choose from, and even though it’s nice to have multiple companies, more choices can make it harder to get the best deal for Chrysler 300 insurance in Miami.
We hope to let you in on how to effectively get price quotes. If you have auto insurance now, you will most likely be able to lower your rates using the ideas covered in this article. Comparison shoppers just need to learn the least time-consuming way to quote multiple rates instantly.
The fastest way that we advise to compare insurance rates from multiple companies is to know the fact most insurance companies actually pay money for the chance to compare rate quotes. The only thing you need to do is provide information including your education level, if you’re married, how your vehicles are used, and any included safety features. Your insurance information gets transmitted to many of the top insurers and they return cost estimate instantly to find the best rate.
To compare rates for your Chrysler 300 now, click here and find out if you can get cheaper insurance in Miami.
The providers in the list below provide free quotes in Miami, FL. To buy cheap car insurance in Miami, it’s highly recommended you click on several of them in order to get a fair rate comparison.
Analysis of Chrysler 300 rates
The information displayed below showcases estimates of coverage costs for Chrysler 300 models. Learning how policy premiums are figured is important to be able to make decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $284 | $544 | $400 | $24 | $120 | $1,372 | $114 |
| 300 Touring Plus 4-Dr Sedan | $284 | $544 | $400 | $24 | $120 | $1,372 | $114 |
| 300 Touring AWD 4-Dr | $284 | $544 | $400 | $24 | $120 | $1,372 | $114 |
| 300 S V6 4-Dr Sedan | $284 | $544 | $400 | $24 | $120 | $1,372 | $114 |
| 300 Touring Signature 4-Dr Sedan | $284 | $544 | $400 | $24 | $120 | $1,372 | $114 |
| 300 Touring Executive 4-Dr Sedan | $284 | $544 | $400 | $24 | $120 | $1,372 | $114 |
| 300 Touring Signature AWD 4-Dr | $316 | $626 | $400 | $24 | $120 | $1,486 | $124 |
| 300 Limited 4-Dr Sedan | $316 | $626 | $400 | $24 | $120 | $1,486 | $124 |
| 300 C 4-Dr Sedan | $316 | $626 | $400 | $24 | $120 | $1,486 | $124 |
| 300 S V8 4-Dr Sedan | $316 | $626 | $400 | $24 | $120 | $1,486 | $124 |
| 300 Limited AWD 4-Dr | $316 | $626 | $400 | $24 | $120 | $1,486 | $124 |
| 300 C AWD 4-Dr | $316 | $626 | $400 | $24 | $120 | $1,486 | $124 |
| 300 SRT-8 4-Dr Sedan | $316 | $626 | $400 | $24 | $120 | $1,486 | $124 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Information does not factor in specific Miami garaging location which can affect price quotes significantly.
Deductible comparison
When shopping for auto insurance, a common question is how high should your deductibles be. The data tables below highlight the costs and benefits of buying low and high physical damage deductibles. The first rate quote example uses a $100 deductible for physical damage and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| 300 Touring Plus 4-Dr Sedan | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| 300 Touring AWD 4-Dr | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| 300 S V6 4-Dr Sedan | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| 300 Touring Signature 4-Dr Sedan | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| 300 Touring Executive 4-Dr Sedan | $406 | $764 | $418 | $24 | $124 | $1,761 | $147 |
| 300 Touring Signature AWD 4-Dr | $452 | $880 | $418 | $24 | $124 | $1,923 | $160 |
| 300 Limited 4-Dr Sedan | $452 | $880 | $418 | $24 | $124 | $1,923 | $160 |
| 300 C 4-Dr Sedan | $452 | $880 | $418 | $24 | $124 | $1,923 | $160 |
| 300 S V8 4-Dr Sedan | $452 | $880 | $418 | $24 | $124 | $1,923 | $160 |
| 300 Limited AWD 4-Dr | $452 | $880 | $418 | $24 | $124 | $1,923 | $160 |
| 300 C AWD 4-Dr | $452 | $880 | $418 | $24 | $124 | $1,923 | $160 |
| 300 SRT-8 4-Dr Sedan | $452 | $880 | $418 | $24 | $124 | $1,923 | $160 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| 300 Touring Plus 4-Dr Sedan | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| 300 Touring AWD 4-Dr | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| 300 S V6 4-Dr Sedan | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| 300 Touring Signature 4-Dr Sedan | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| 300 Touring Executive 4-Dr Sedan | $296 | $516 | $418 | $24 | $124 | $1,378 | $115 |
| 300 Touring Signature AWD 4-Dr | $330 | $594 | $418 | $24 | $124 | $1,490 | $124 |
| 300 Limited 4-Dr Sedan | $330 | $594 | $418 | $24 | $124 | $1,490 | $124 |
| 300 C 4-Dr Sedan | $330 | $594 | $418 | $24 | $124 | $1,490 | $124 |
| 300 S V8 4-Dr Sedan | $330 | $594 | $418 | $24 | $124 | $1,490 | $124 |
| 300 Limited AWD 4-Dr | $330 | $594 | $418 | $24 | $124 | $1,490 | $124 |
| 300 C AWD 4-Dr | $330 | $594 | $418 | $24 | $124 | $1,490 | $124 |
| 300 SRT-8 4-Dr Sedan | $330 | $594 | $418 | $24 | $124 | $1,490 | $124 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Rate quotes do not factor in Miami location which can raise or lower premiums greatly.
Based on this data, we can arrive at the conclusion that using a $100 deductible will cost you roughly $34 more each month or $408 every year than choosing the higher $500 deductible. Because you would pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you go at a minimum 12 months between claim filings, you would probably save some money if you choose a higher deductible. Here’s a better example of how you can do this calculation yourself.
| Average monthly premium for $100 deductibles: | $154 |
| Average monthly premium for $500 deductibles (subtract): | – $120 |
| Monthly savings from raising deductible: | $34 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $34 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 12 months |
An important thing to remember is that increasing deductibles to save money results in more money out-of-pocket when you file a claim. That will necessitate some funds available in the event you need to pay the higher deductible in order to repair your vehicle.
The chart below illustrates how choosing a deductible and can impact Chrysler 300 insurance premiums for different insured age categories. The data is based on a single female driver, full coverage, and no discounts are applied.
Full coverage or liability only
The example below visualizes the comparison of Chrysler 300 insurance rates when comparing full coverage to state minimum liability only. The information is based on no violations or accidents, $1,000 deductibles, single status, and no discounts are taken into consideration.
When to stop paying for full coverage
There isn’t a written rule for phasing out full coverage on your policy, but there is a general guideline. If the annual cost of your full coverage insurance is about 10% or more of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
For example, let’s say your Chrysler 300 replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $2,000 after paying your deductible. If premium cost is more than $200 annually for full coverage, then it might be time to buy liability only.
There are some scenarios where removing full coverage is not recommended. If you haven’t paid off your loan, you have to keep full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not remove full coverage.
Independent or exclusive insurance agencies
A lot of people still prefer to sit down and talk to an agent. Agents are very good at helping people manage risk and help submit paperwork. An additional benefit of comparing rates online is the fact that drivers can get cheaper car insurance rates and still have an agent to talk to. And providing support for small agencies is especially important in Miami.
By using this short form, the quote information gets sent to companies in Miami who will return price quotes for your coverage. It simplifies rate comparisons since you won’t have to contact any agents since price quotes are sent to you. In the event you want to get a comparison quote from a specific insurance company, you would need to jump over to their website and submit a quote form there.
If you need to find a reliable insurance agent, there are two types of agencies and how they differ in how they can insure your vehicles. Auto insurance policy providers are either exclusive or independent agents depending on their company appointments. Either can insure your vehicles, but it is a good idea to know the subtle differences because it may have an impact on the kind of agent you use.
Independent Auto Insurance Agencies
Agents of this type do not write with just one company so they can insure your vehicles through many different auto insurance companies and find you cheaper rates. If you are not satisfied with one company, the agent simply finds a different carrier which makes it simple for you. If you are comparing rate quotes, it’s a good idea to include independent agents for the best price selection.
Below is a partial list of independent insurance agents in Miami that can give you price quotes.
JVS Insurance Agency
9600 SW 8th St #27 – Miami, FL 33174 – (305) 552-5250 – View Map
Kahn Carlin Insurance
3350 S Dixie Hwy – Miami, FL 33133 – (305) 446-2271 – View Map
Cari Insurance Agency Inc.
12890 NW 7th Ave – Miami, FL 33168 – (305) 685-0305 – View Map
Exclusive Auto Insurance Agents
Agents that choose to be exclusive can usually just insure with one company like State Farm, AAA, Farmers Insurance or Allstate. They are unable to give you multiple price quotes so they have to upsell other benefits. Exclusive agents are trained well on their company’s products and that allows them to sell at a higher price point.
Listed below are exclusive agents in Miami that can give you comparison quotes.
Allstate Insurance: Pamela Brumer
141 Alton Rd – Miami Beach, FL 33139 – (305) 531-1223 – View Map
Allstate Insurance: Eduardo Ferraz
1110 Brickell Ave Ste 105 – Miami, FL 33131 – (305) 379-3666 – View Map
GEICO Insurance Agent
8514 SW 8th St – Miami, FL 33144 – (305) 595-2911 – View Map
Picking the best car insurance agent requires you to look at more than just the premium amount. Any good agent in Miami should know the answers to these questions.
- Who are their largest clients?
- Do they offer rental car reimbursement?
- Can you contact them at any time?
- Does the agency have a good rating with the Better Business Bureau?
- Do they specialize in personal lines coverage in Miami?
- What will you get paid if your car is a total loss? How is that amount determined?
After receiving good feedback to any questions you may have in addition to an acceptable price estimate, you may have just found a car insurance agent that meets the criteria to properly insure your vehicles.