Locating low-cost insurance for your Dodge Caliber in Florida can turn out to be a lot of work, but you can learn these tips to find lower rates. There are both good and bad ways to find auto insurance online so you’re going to learn the absolute fastest way to compare rates for a Dodge and find the lowest price either online or from Miami insurance agents.
Smart Consumers Know How to Get Auto Insurance at a Discount
Part of the auto insurance buying process is learning the factors that help determine the price you pay for auto insurance. If you understand what determines premiums, this allows you to make educated decisions that may result in lower rates. Multiple criteria are used in the calculation when pricing auto insurance. A few of the factors are predictable like a motor vehicle report, but other factors are less apparent like where you live or your vehicle rating.
The factors shown below are some of the factors companies use to determine your rates.
Save money with theft deterrents – Driving a car with a theft deterrent system can save you some money. Systems that thwart thieves such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your car from being stolen.
Multi-policy discounts can save money – Many insurers allow lower prices to customers who consolidate policies with them in the form of a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. If you currently are using one company, it’s in your best interest to compare other company rates to guarantee you are still saving the most. Consumers may find a better deal even if you insure with multiple companies
Safer vehicles mean better rates – Vehicles with high crash test scores can get you lower premiums. These vehicles reduce injuries and lower rates of occupant injuries means less claims paid and more competitive rates for policyholders.
Safeguard your assets with liability coverage – A critical coverage on your policy, liability insurance will afford coverage if ever you are ruled to be at fault for causing personal injury or damage in an accident. Liability insurance provides you with a defense in court which can cost a lot. Liability insurance is quite affordable compared to comp and collision, so drivers should carry high limits.
Rates may be lower depending on your vocation – Did you know your auto insurance rates can be affected by your occupation? Careers such as doctors, air traffic controllers, and financial analysts have higher premium rates attributed to stressful work requirements and lots of time spent at work. On the other hand, jobs like actors, historians and the unemployed have the lowest average rates.
Rates impacted by your city – Choosing to live in areas with lower population is a positive aspect when it comes to auto insurance. Drivers who live in large cities regularly have traffic congestion and a longer drive to work. Less people living in that area means a lower chance of having an accident in addition to fewer liability claims.
Insurance costs and vehicle performance – The make and model of the vehicle you need insurance for makes a huge difference in your auto insurance rates. Small economy passenger cars receive the most favorable rates, but there are many factors that impact the final cost.
The chart below is based on a single male driver age 40, full coverage with $500 deductibles, and no discounts or violations. The data compares Dodge Caliber policy rates compared to other models that have a range of performance risks.
Your age impacts your rates – Older people are viewed as being more responsible, cause fewer claims and accidents, and are safer drivers. Drivers with little experience are statistically shown to be inattentive when driving with friends therefore auto insurance rates are much higher.
The chart below uses these variables: single driver, full coverage with $500 deductibles, and no discounts or violations.
Dodge Caliber coverage analysis
The table shown below covers estimates of insurance policy prices for Dodge Caliber models. Having insight into how insurance policy premiums are figured can be valuable when making decisions when choosing a new policy provider.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Rate quotes do not factor in garaging location in Miami which can modify price quotes significantly.
The chart below illustrates how your choice of deductibles and can increase or decrease Dodge Caliber insurance prices for different insured age categories. The costs are based on a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Gender differences in insurance premiums
The illustration below shows the comparison of Dodge Caliber insurance rates for male and female drivers. The information is based on no violations or claims, comp and collision included, $1,000 deductibles, marital status is single, and no other discounts are factored in.
Difference between liability only and full coverage rates
The illustration below shows the difference between Dodge Caliber insurance rates when comparing full coverage to liability only. Data assumes a clean driving record, no claims, $500 deductibles, drivers are not married, and no discounts are applied.
Should you pay for full coverage?
There is no written rule for eliminating full coverage, but there is a general guideline you can use. If the annual cost of coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let’s say your Dodge Caliber book value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would receive is $7,000 after paying your deductible. If you are currently paying more than $700 a year to have full coverage, then it might be time to consider dropping full coverage.
There are some cases where dropping physical damage coverage is not advised. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should keep full coverage in place.
Verify you’re getting every discount
Some providers don’t always advertise the complete list of policy discounts in an easy-to-find place, so we researched a few of the more well known in addition to some of the lesser obvious savings tricks you should be using when you buy Miami car insurance online.
- New Car Discount – Putting coverage on a new Caliber can cost up to 25% less since newer models are generally safer.
- Federal Government Employee – Federal government employees can earn a discount up to 10% depending on your auto insurance provider.
- Low Miles Discount – Maintaining low annual mileage may enable drivers to earn lower prices due to less chance of an accident.
- Seat Belt Usage – Drivers who require all vehicle occupants to fasten their seat belts can save up to 10 percent (depending on the company) on the premium charged for medical payments and/or PIP.
- More Vehicles More Savings – Insuring multiple cars on the same auto insurance policy can reduce rates for all insured vehicles.
- Membership in Organizations – Belonging to a professional or civic organization could trigger savings on auto insurance.
- Accident Forgiveness Coverage – This one is not really a discount per se, but some companies like Progressive, State Farm and GEICO may permit one accident without getting socked with a rate hike with the catch being you have to be claim-free for a particular time prior to the accident.
Discounts lower rates, but most credits do not apply to the whole policy. Most cut the price of certain insurance coverages like comp or med pay. Even though it appears you could get a free auto insurance policy, it just doesn’t work that way.
The example below visualizes the comparison of Dodge Caliber auto insurance costs with and without discounts being applied to the rates. The rates are based on a female driver, no accidents or driving violations, Florida state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, multi-car, claim-free, multi-policy, and homeowner discounts applied.
If you would like to see a list of providers that offer discounts in Florida, follow this link.
Compare but don’t skimp
As you go through the steps to switch your coverage, make sure you don’t sacrifice coverage to reduce premiums. There are a lot of situations where an insured cut full coverage only to find out that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase a proper amount of coverage at the best cost.
Insureds leave their current company for any number of reasons including not issuing a premium refund, high rates after DUI convictions, delays in responding to claim requests and even an unsatisfactory settlement offer. No matter why you want to switch, finding the right car insurance provider is less work than it seems.
More affordable car insurance in Miami is definitely available both online and also from your neighborhood Miami agents, so get free Miami car insurance quotes from both of them in order to have the best chance of saving money. Some insurance companies do not offer online quoting and usually these small, regional companies only sell through independent agents.
Steps to finding cheaper quotes for Dodge Caliber insurance in Miami
The preferred way to get cheaper car insurance rates is to start comparing prices yearly from insurers who can sell car insurance in Miami.
Step 1: Read about what coverages are included in your policy and the factors you can control to keep rates in check. Many policy risk factors that increase rates such as traffic violations and a poor credit score can be amended by making lifestyle changes or driving safer.
Step 2: Quote rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from one company like Progressive or Farmers Insurance, while independent agents can provide prices from multiple companies.
Step 3: Compare the new rate quotes to your current policy premium to see if a cheaper rate is available in Miami. If you find a lower rate quote, ensure coverage does not lapse between policies.
One thing to remember is that you’ll want to compare identical coverages on each quote and and to get prices from as many companies as possible. This helps ensure a level playing field and the best rate selection.
More tips and info about car insurance is located in the articles below:
- Safety Features for Your New Car (State Farm)
- How Much are Miami Auto Insurance Rates for Immigrants? (FAQ)
- Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
- What is Gap Insurance? (Insurance Information Institute)