Dodge Viper Insurance Quotes in Pittsburgh

I really doubt anyone enjoys paying for car insurance, especially when they are aware that they could find lower prices if they just compared rates.

It’s safe to assume that car insurance companies don’t want you to look at other companies. Insureds who shop for lower prices are highly likely to buy a new policy because they stand a good chance of finding a lower-cost company. A recent survey discovered that people who did price comparisons regularly saved approximately $72 a month compared to other drivers who don’t make a habit of comparing rates.

If finding budget-friendly rates on car insurance in Pittsburgh is your goal, then having a good understanding the best ways to shop for coverage rates can save time and make the process easier. Numerous car insurance companies battle for your hard-earned dollar, and it can be difficult to compare rates to discover the definitive lowest rate on Dodge Viper insurance in Pittsburgh.

It’s smart to compare prices yearly because insurance prices fluctuate regularly. Even if you got the best rates on Dodge Viper insurance in Pittsburgh six months ago other companies may now be cheaper. Block out anything you think you know about car insurance because I’m going to let you in on the secrets to the things you must know in order to save money, get proper deductibles and limits, all at the lowest rate.

The companies shown below are our best choices to provide price comparisons in Pennsylvania. To get the best car insurance in Pittsburgh, it’s a good idea that you compare several of them to get the most affordable price.

Data for Dodge Viper insurance

The rate table displayed next showcases different insurance prices for Dodge Viper models. Having a good understanding how car insurance prices are formulated can benefit drivers when making informed decisions when comparing rate quotes.

Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Price information does not factor in specific garaging location which can impact coverage rates significantly.

Higher deductibles save money

One of the more difficult decisions when buying car insurance is how high should the deductibles for physical damage be. The tables below help summarize the price difference between high and low comp and collision deductibles. The first data table uses a $100 comprehensive and collision deductible and the second price table uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Price estimates do not factor in vehicle location which can raise or lower price quotes greatly.

Based on this data, using a $100 deductible costs an average of $66 more each month or $792 every year than quoting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you go more than 14 months between claims, you would probably come out ahead going with the higher deductible.

One important note is that increasing deductibles to save money results in a higher out-of-pocket expense when you have a physical damage claim. You will want to have enough money put aside in order to pay more for the deductible.

The example below shows how choosing a deductible and can change Dodge Viper insurance premiums for each age group. The premiums assume a married female driver, comp and collision included, and no discounts are applied to the premium.

Violations and accidents raise rates

The diagram below highlights how speeding tickets and accident claims can raise Dodge Viper annual premium costs for different age groups. The premiums assume a married male driver, full coverage, $1,000 deductibles, and no additional discounts are factored in.

Price comparison of only insuring for liability

The example below compares Dodge Viper insurance premiums with full physical damage coverage and with liability coverage only. The data assumes no accidents or driving violations, $250 deductibles, single status, and no discounts are factored in.

When to drop comprehensive and collision

There is no clear-cut rule of when to phase out comp and collision coverage, but there is a general guideline. If the annual cost of coverage is 10% or more of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.

For example, let’s assume your Dodge Viper claim settlement value is $6,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $5,000 after the deductible is paid. If you are currently paying more than $500 annually for full coverage, the it may be a good time to stop paying for full coverage.

There are some cases where removing full coverage is not in your best interest. If you haven’t satisfied your loan, you have to carry full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not eliminate full coverage.

Choosing the best Viper insurance in Pennsylvania is an important decision

Despite the potentially high cost of Dodge Viper insurance, insurance serves several important purposes.

First, most states have minimum liability requirements which means the state requires specific minimum amounts of liability insurance coverage in order to get the vehicle licensed. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if your Viper has a lienholder, it’s most likely the lender will require you to have insurance to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the lender may insure your Dodge at a more expensive rate and force you to pay much more than you were paying before.

Third, insurance protects both your assets and your Dodge Viper. It also can pay for medical expenses for yourself as well as anyone injured by you. Liability insurance will also pay attorney fees if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay to repair the damage minus the deductible amount.

The benefits of buying enough insurance outweigh the cost, particularly when you have a large claim. Today the average American driver overpays as much as $700 annually so it’s important to compare rates each time the policy renews to help ensure money is not being wasted.

Learn How to Lower Your Insurance Costs

Many things are part of the calculation when you quote your car insurance policy. Some are pretty understandable like a motor vehicle report, although others are less apparent such as whether you are married or your commute time.

Only buy add-on coverages you need – There are a ton of extra bells and whistles that can waste your money when buying auto insurance. Insurance for things like coverage for rental cars, towing, and membership fees are some examples. They may sound like good ideas at first, but if you don’t need them eliminate them to save money.

Prices impacted by vehicle usage – Driving a lot of miles in a year the higher the price you pay to insure it. A lot of companies calculate rates based on how the vehicle is used. Autos that have low annual miles qualify for better rates as compared to vehicles used primarily for driving to work. Having an incorrect usage rating on your Viper may be costing you higher rates. It’s always a good idea to double check that your auto insurance policy reflects annual mileage, because improper ratings can cost you money.

Stay claim-free and reduce auto insurance rates – If you are a frequent claim filer, you can look forward to higher rates. Companies in Pennsylvania generally give discounts to insureds who are claim-free. Your car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.

Multiple policies with one company can save – Lots of insurers will give lower prices to clients who consolidate policies with them such as combining an auto and homeowners policy. Even if you already get this discount, it’s always a smart idea to check prices from other companies to verify if the discount is saving money.

Lower rates for cars with good safety ratings – Cars with five star safety ratings tend to have better insurance rates. The safest vehicles have better occupant injury protection and lower injury rates translates directly to fewer claims passed on to you as lower rates. If your Dodge earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.

Insurance loss probability for a Dodge Viper – Companies use statistical claims data to help determine the rate you pay. Vehicles that the data shows to have higher claim frequency or loss amount will have a higher premium rate.

The table below demonstrates the actual insurance loss data for Dodge Viper vehicles. For each type of coverage, the statistical loss for all vehicles, as an average, is represented as 100. Numbers shown that are under 100 suggest a positive loss record, while values that are above 100 indicate frequent claims or an increased chance of a larger loss.

Don’t give up on cheaper premiums

Budget-friendly auto insurance in Pittsburgh is attainable from both online companies and from local agencies, so get free Pittsburgh auto insurance quotes from both of them to have the best selection. Some companies do not offer online rate quotes and many times these smaller providers provide coverage only through local independent agencies.

We just covered many ways to find lower-cost Dodge Viper insurance in Pittsburgh. It’s most important to understand that the more rate quotes you have, the higher your chance of finding cheaper Pittsburgh auto insurance quotes. Consumers could even find that the lowest priced auto insurance comes from a lesser-known regional company. Some small companies may cover specific market segments cheaper than the large multi-state companies such as Allstate or State Farm.

How to find discount Dodge Viper insurance in Pittsburgh

If you want to find the absolute lowest rates, then the best way to get budget car insurance rates is to regularly compare quotes from companies in Pittsburgh.

• First, spend a few minutes and learn about what is in your policy and the things you can change to lower rates. Many factors that cause high rates such as speeding tickets, careless driving and your credit history can be rectified by making minor driving habit or lifestyle changes.
• Second, request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from a single company like GEICO or State Farm, while independent agents can give you price quotes for a wide range of companies. Get quotes now
• Third, compare the new quotes to the premium of your current policy to see if a cheaper rate is available. If you can save money and buy the policy, make sure coverage is continuous and does not lapse.
• Fourth, provide proper notification to your current company to cancel your existing policy and submit a completed policy application and payment to the new company. Once coverage is bound, store the certificate of insurance in a readily accessible location in your vehicle.

One tip to remember is to use the same coverage limits and deductibles on every quote request and and to get price estimates from as many car insurance companies as possible. Doing this provides an accurate price comparison and plenty of rates choose from.

For more information, feel free to browse these articles:

• Alcohol Impaired Driving FAQ (iihs.org)
• How Much is Auto Insurance for a Hyundai Sonata in Pittsburgh? (FAQ)
• Who Has the Cheapest Pittsburgh Auto Insurance Rates for a Chevrolet Traverse? (FAQ)
• Who Has Cheap Pittsburgh Auto Insurance for Veterans? (FAQ)
• What to do at the Scene of an Accident (Insurance Information Institute)
• What Does No-Fault Insurance Cover? (Allstate)
• Insurance Losses by Make and Model (iihs.org)