Save on Dodge Viper Insurance in Phoenix

Want to learn the secrets to finding cheaper insurance rates in Phoenix, AZ? Phoenix buyers have options when searching for affordable Dodge Viper insurance. They can either waste time struggling with agents trying to get quotes or leverage the internet to find the lowest rates. There is a right way and a wrong way to buy insurance so we’re going to tell you the best way to price shop coverage for your Dodge and get the best price possible.

It’s a great practice to quote other rates as often as possible because insurance rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best deal on Dodge Viper insurance in Phoenix two years ago you can probably find a lower rate today. You can find a lot of misleading information regarding Viper insurance on the internet, but we’re going to give you some excellent ideas to reduce your insurance bill.

Locating the most cost-effective insurance policy in Phoenix is much easier if you know where to start. If you have a current insurance policy, you will definitely be able to cut your premiums using the ideas you’re about to read. Comparison shoppers just need to know the proper way to compare price quotes using one simple form.

The providers in the list below provide free quotes in Arizona. If multiple providers are shown, we recommend you click on several of them in order to get a fair rate comparison.

Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Premium amounts do not factor in specific location which can alter premiums substantially.

Deductible analysis

One of the hardest decisions when shopping for auto insurance is which comprehensive and collision deductibles to buy. The premium rates below can help show the rate difference when you choose different comp and collision deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second set of rates uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Premium costs do not factor in vehicle location which can change coverage prices greatly.

Based on this data, using a $250 deductible costs approximately $42 more each month or $504 each year than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average more than 18 months between claims, you would probably come out ahead if you choose the higher deductible.

Full coverage or liability only

The information below shows the comparison of Dodge Viper insurance rates with and without full coverage. The data is based on no accidents or driving violations, $1,000 deductibles, single female driver, and no additional discounts are factored in.

Should you pay for full coverage?

There is no clear-cut formula to delete physical damage insurance, but there is a guideline you can use. If the yearly cost of full coverage is more than about 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s say your Dodge Viper claim settlement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $3,000 after you pay the deductible. If you are paying in excess of $300 a year for full coverage, then you might want to consider buying only liability coverage.

There are some circumstances where removing full coverage is not in your best interest. If you haven’t paid off your loan, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should keep full coverage on your policy.

Three good reasons to insure your Dodge Viper

Despite the high cost, car insurance serves a purpose in several ways.

First, almost all states have minimum mandated liability insurance limits which means state laws require specific limits of liability insurance coverage in order to get the vehicle licensed. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.

Second, if you bought your car with a loan, more than likely the lender will make it mandatory that you have insurance to ensure loan repayment if the vehicle is totalled. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Dodge for a much higher rate and force you to reimburse them the higher premium.

Third, insurance safeguards both your assets and your vehicle. It will also provide coverage for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, also pays for attorney fees and expenses if anyone sues you for causing an accident. If your Dodge gets damaged, your policy will pay to repair the damage minus the deductible amount.

The benefits of insuring your car are without a doubt worth the cost, specifically if you ever have a liability claim. As of last year, the average driver in Arizona is currently overpaying as much as $850 per year so it’s very important to do a rate comparison at every policy renewal to ensure rates are inline.

Informed Consumers Know How to Find Auto Insurance at a Discount

One of the most helpful ways to save on auto insurance is to to have a grasp of a few of the rating criteria that help determine your premiums. When consumers understand what determines premiums, this enables you to make decisions that could result in much lower annual insurance costs.

• Rates and your address – Being located in areas with lower population can save you money if you are looking for the lowest rates. Urban drivers have to deal with traffic congestion and higher rates of accident claims. Fewer drivers translates into fewer accident claims and a lower car theft rate.
• How much liability – Your auto insurance policy’s liability coverage is the protection if ever a jury decides you are liable for physical damage or personal injury to other. Your policy’s liability insurance provides for a legal defense up to the limits shown on your policy. Liability insurance is pretty cheap as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.
• Traffic violations cost more than a fine – Careful drivers pay lower auto insurance prices compared to drivers with tickets. Even one speeding ticket or other violation can bump up the cost twenty percent or more. Drivers unfortunate enough to have multiple citations like DUI, reckless driving or excessive speeding may need to complete a SR-22 with their state’s department of motor vehicles in order to continue driving.
• A good credit rating can save money – Credit rating will be a significant factor in determining what you pay. So if your credit rating is not that good, you could potentially save money when insuring your Dodge Viper by improving your rating. People with high credit scores tend to file fewer claims and have better driving records than those with poor credit.
• Cheaper rates with high deductibles – Physical damage coverage, also called comprehensive and collision insurance, is used to repair damage to your vehicle. Examples of some claims that would be covered are colliding with a building, damage caused by hail, and damage from a fallen tree branch. Comp and collision deductibles are the amount of money you are required to spend out-of-pocket in the event of a claim. The higher the amount you choose to pay out-of-pocket, the less your company will charge you for insurance.
• Vocation stress can affect prices – Did you know your occupation can influence how much you pay for auto insurance? Occupations such as real estate brokers, executives and medical professionals are shown to have higher average rates because of job stress and lengthy work days. On the other hand, careers like actors, historians and performers get better rates.
• Insurance losses for a Dodge Viper – Car insurance companies include the past claim trends for vehicles when setting rates for each model. Models that the statistics show to have high amounts or severity of claims will have increased rates. The table shown below demonstrates the compiled insurance loss statistics for Dodge Viper vehicles.

  For each policy coverage, the claim amount for all vehicles as a whole is a value of 100. Numbers below 100 represent a good loss history, while values that are above 100 indicate more frequent claims or a tendency for claims to be larger.

  Insurance Loss Ratings for Dodge Viper Vehicles

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Dodge Viper 2dr	147

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Lower rates by qualifying for discounts

Some insurers don’t always list every policy discount in a way that’s easy to find, so the following list contains both well-publicized and also the lesser-known discounts that may be available.

• Federal Employees – Active or former government employment could qualify for a slight premium decrease depending on your company.
• Own a Home and Save – Owning a home in Phoenix can save you money since home ownership requires personal responsibility.
• Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to wear their seat belts can save up to 15% on medical payment and PIP coverage.
• Drive Less and Save – Driving less may enable drivers to earn slightly better prices than normal.
• Student in College – Kids who live away from home at college without a vehicle on campus can receive lower rates.

Discounts save money, but please remember that some of the credits will not apply to all coverage premiums. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Even though the math looks like it’s possible to get free car insurance, you aren’t that lucky.

To see companies that offer multiple discounts in Phoenix, click here.

Situations that may require an agent’s advice

Keep in mind that when it comes to choosing coverage online or from an agent for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is a little different so this has to be addressed.
Here are some questions about coverages that can help discover if you would benefit from an agent’s advice.

• What is no-fault insurance?
• Can I afford to pay high deductible claims out of pocket?
• Should I bundle my homeowners policy with my auto?
• What if I total my Dodge Viper and owe more than it’s worth?
• Do I get a pro-rated refund if I cancel my policy early?
• Does my personal policy cover me when driving out-of-state?
• Why am I required to buy high-risk coverage?
• Is other people’s property covered if stolen from my vehicle?
• Am I getting all the discounts available?
• Am I insured when driving a different vehicle?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, free and may give you better protection.

Insurance agent or online?

Some consumers still like to visit with an insurance agent and that is not a bad decision Experienced insurance agents can help you build your policy and help submit paperwork. A good thing about comparing rates online is you may find cheap insurance quotes but also keep your business local.

For easy comparison, once you complete this form (opens in new window), the coverage information is submitted to insurance agents in Phoenix who can give free rate quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to do any legwork since rate quotes are delivered directly to your email. If for some reason you want to compare rates from a specific insurance provider, you would need to search and find their rate quote page and give them your coverage information.

Finding a good provider requires more thought than just the premium amount. Ask your prospective agent these questions:

• Do they have cheaper tiers of coverage?
• What will you get paid if your car is a total loss? How is that amount determined?
• Does the agency have a good rating with the Better Business Bureau?
• What insurance companies do they recommend if they are an independent agent?
• Are they actively involved in the community?

Different types of Phoenix auto insurance agents

If you want to buy insurance from a reputable agency, it can be helpful to understand the types of insurance agents and how they operate. Insurance agencies in Phoenix can be classified as either independent agents or exclusive agents. Both can insure your vehicles, but it’s worth learning how they differ because it can factor into which agent you choose.

Exclusive Insurance Agents

Agents of this type can only provide pricing for a single company and some examples include AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot compare other company’s rates so they have no alternatives for high prices. Exclusive agents receive extensive training on their company’s products which can be an advantage. Many people buy from exclusive agents primarily because of high brand loyalty instead of buying on price only.

Listed below is a list of exclusive agencies in Phoenix that can give you rate quotes.

• American Family Insurance – Jennifer Swenson
  4731 N Central Ave – Phoenix, AZ 85012 – (602) 995-9334 – View Map
• Lynn Buss – State Farm Insurance Agent
  4022 E Broadway Rd #106 – Phoenix, AZ 85040 – (602) 454-8570 – View Map
• Allstate Insurance: David Vasquez
  4151 W Bethany Home Rd a – Phoenix, AZ 85019 – (602) 841-1421 – View Map

View more agents

Independent Agents

Independent insurance agents can quote rates with many companies so they can write business with lots of companies depending on which coverage is best. To move your coverage to a new company, they can switch companies in-house which requires no work on your part. When comparing rate quotes, you definitely need to get rate quotes from multiple independent agents to get the best comparison. Many can place coverage with small mutual carriers which can be an advantage.

Shown below is a short list of independent insurance agents in Phoenix willing to provide rate quotes.

• Farmer-Leavitt Insurance Agency
  919 N 1st St – Phoenix, AZ 85004 – (602) 264-0566 – View Map
• Daniels Nicolson Insurance Agency, Inc
  4411 N 19th Ave – Phoenix, AZ 85015 – (800) 972-1893 – View Map
• LA Insurance Agency
  7602 S Central Ave – Phoenix, AZ 85042 – (602) 276-0002 – View Map

View more agents

Do the work, save more money

We’ve covered many ways to reduce Dodge Viper insurance premium rates online in Phoenix. The key thing to remember is the more you quote Phoenix car insurance, the higher the chance of saving money. Consumers could even find that the best price on auto insurance is with the smaller companies. Smaller companies often have lower prices on specific markets as compared to the big name companies such as Progressive or GEICO.

Budget-friendly auto insurance in Phoenix can be sourced on the web as well as from insurance agents, so you need to shop Phoenix car insurance with both in order to have the best price selection to choose from. Some insurance companies may not have internet price quotes and these small, regional companies only sell coverage through independent agents.

More tips and info about auto insurance can be read in the articles below:

• Tread Depth and Tire Safety (State Farm)
• Who Has the Cheapest Auto Insurance for Drivers Under 25 in Phoenix? (FAQ)
• Teen Driving and Texting (State Farm)
• Frontal Crash Tests (iihs.org)
• Auto Crash Statistics (Insurance Information Institute)