Astonishing but true according to a recent study, 70% of consumers renewed their policy with the same company for a minimum of four years, and approximately 40% of consumers have never compared rates with other companies. Texas drivers could save up to 70% a year just by shopping around, but they don’t believe the benefits if they switched to a more affordable policy.
If you want to save money, the best way to get discount Chrysler 300 insurance is to regularly compare prices from providers in El Paso. This can be done by following these steps.
First, try to learn a little about how insurance works and the factors you can control to drop your rates. Many rating criteria that are responsible for high rates like at-fault accidents, careless driving, and a poor credit score can be rectified by being financially responsible and driving safely. This article gives instructions to get better rates and earn larger discounts.
Second, request price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can provide rates from a single company like Progressive and State Farm, while independent agents can give you price quotes from multiple insurance companies.
Third, compare the new rate quotes to your current policy to see if you can save by switching companies. If you find a lower rate and buy the policy, ensure there is no coverage lapse between policies.
The most important part of shopping around is to compare identical deductibles and limits on every quote and and to get quotes from as many companies as you can. This enables a level playing field and and a good selection of different prices.
Buying the cheapest insurance in El Paso is much easier if you know where to start. Nearly every person who is required by state law to have insurance will find a better price. Nevertheless, Texas drivers can benefit by having an understanding of the way companies sell insurance online.
When comparing car insurance rates, know that comparing more quotes provides better odds of finding more affordable rates.
The companies shown below provide free quotes in Texas. If the list has multiple companies, we suggest you visit two to three different companies in order to get a fair rate comparison.
Lower-cost El Paso auto insurance rates with discounts
Insuring your fleet can be pricey, but there’s a good chance there are discounts that you may not even know about. Certain reductions will be credited at the time you complete a quote, but some need to be manually applied prior to receiving the credit.
- Early Renewal Discounts – A few larger companies give discounts for buying a policy prior to the expiration date on your current 300 insurance policy. It’s a savings of about 10%.
- Student Discounts – This discount can save 20 to 25%. Many companies even apply the discount to college students up to age 25.
- Driver Safety – Taking part in a safe driver course is a good idea and can lower rates and also improve your driving technique.
- Discount for Home Ownership – Owning your own home or condo can earn you a little savings because it requires a higher level of personal finance.
- More Vehicles More Savings – Buying coverage for all your vehicles with the same auto insurance company could earn a price break for each car.
- ABS Braking Discount – Cars, trucks, and SUVs equipped with ABS or steering control are safer to drive and therefore earn up to a 10% discount.
- Government Employees – Having worked for a branch of the government could qualify for a slight premium decrease but check with your company.
- Telematics Discount – Insureds that choose to allow their insurance company to study vehicle usage by using a small device installed in their vehicle like In-Drive from State Farm and Progressive’s Snapshot could save a few bucks if they exhibit good driving behavior.
Policy discounts save money, but some of the credits will not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as comp or med pay. If you do the math and it seems like you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will lower the cost of your policy.
The example below compares Chrysler 300 auto insurance rates with and without discounts applied to the policy premium. The price estimates are based on a male driver, a clean driving record, no claims, Texas state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, homeowner, multi-policy, marriage, and claim-free discounts applied.
A partial list of companies who may offer most of these discounts may include but are not limited to:
If you need affordable El Paso auto insurance quotes, ask every company how you can save money. A few discounts may not be available in your state. To choose insurance companies that offer some of these discounts in El Paso, click here.
Auto insurance analysis for a Chrysler 300
The price information below highlights different insurance prices for Chrysler 300 models. Being more informed about how policy premiums are established can assist in making informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $422 | $698 | $500 | $30 | $150 | $1,800 | $150 |
| 300 Touring Plus 4-Dr Sedan | $422 | $698 | $500 | $30 | $150 | $1,800 | $150 |
| 300 Touring AWD 4-Dr | $422 | $698 | $500 | $30 | $150 | $1,800 | $150 |
| 300 S V6 4-Dr Sedan | $422 | $698 | $500 | $30 | $150 | $1,800 | $150 |
| 300 Touring Signature 4-Dr Sedan | $422 | $698 | $500 | $30 | $150 | $1,800 | $150 |
| 300 Touring Executive 4-Dr Sedan | $422 | $698 | $500 | $30 | $150 | $1,800 | $150 |
| 300 Touring Signature AWD 4-Dr | $470 | $804 | $500 | $30 | $150 | $1,954 | $163 |
| 300 Limited 4-Dr Sedan | $470 | $804 | $500 | $30 | $150 | $1,954 | $163 |
| 300 C 4-Dr Sedan | $470 | $804 | $500 | $30 | $150 | $1,954 | $163 |
| 300 S V8 4-Dr Sedan | $470 | $804 | $500 | $30 | $150 | $1,954 | $163 |
| 300 Limited AWD 4-Dr | $470 | $804 | $500 | $30 | $150 | $1,954 | $163 |
| 300 C AWD 4-Dr | $470 | $804 | $500 | $30 | $150 | $1,954 | $163 |
| 300 SRT-8 4-Dr Sedan | $470 | $804 | $500 | $30 | $150 | $1,954 | $163 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Rates do not factor in vehicle garaging location which can decrease or increase coverage rates noticeably.
Drive safe and save
The diagram below demonstrates how citations and accident claims can influence Chrysler 300 car insurance costs for each age group. The premiums are based on a single female driver, full coverage, $500 deductibles, and no policy discounts are applied.
Local neighborhood agents and car insurance
A lot of people still prefer to go talk to an agent and doing that can be a smart decision A nice benefit of getting online price quotes is the fact that you can find lower prices but also keep your business local.
To help locate an agent, after submitting this short form, the coverage information is emailed to agents in your area that can provide free El Paso auto insurance quotes and help you find cheaper coverage. You won’t even need to leave your computer because prices are sent immediately to your email address. You can find lower rates without the usual hassles of price shopping. If for some reason you want to get a rate quote from a particular provider, you would need to find their quoting web page and fill out the quote form the provide.
Finding a good provider should depend on more than just the premium amount. The questions below may impact your decision as well.
- Do they have a Better Business Bureau rating in El Paso?
- Will they take your side in the event of a claim?
- Do the agents have professional certifications like CPCU or CIC?
- Are there any discounts for paying up front?
- How much training do they have in personal risk management?
If you are searching for a reputable insurance agent or broker, you need to know there are two different types of agents and how they work. Insurance agencies in El Paso are classified as either exclusive or independent agents depending on their company appointments.
Exclusive Insurance Agents
Exclusive insurance agents have only one company to place business with and examples are Allstate, State Farm and Farm Bureau. Exclusive agents are unable to compare rates from other companies so keep that in mind. Exclusive agents are highly trained on their products and sales techniques which aids in selling service over price.
Shown below are exclusive insurance agencies in El Paso who may provide you with comparison quotes.
Jacobo Akle – State Farm Insurance Agent
6065 Montana Ave STE C1 – El Paso, TX 79925 – (915) 775-2553 – View Map
Annette Gallardo Sanders – State Farm Insurance Agent
6351 S Desert Blvd #105 – El Paso, TX 79932 – (915) 877-9020 – View Map
Manny M Casillas – State Farm Insurance Agent
1212 N Yarbrough Dr #105 – El Paso, TX 79925 – (915) 591-2288 – View Map
Independent Car Insurance Agents
These type of agents are not employed by one company and that allows them to write policies with an assortment of companies and find you cheaper rates. If they quote lower rates, the agent simply finds a different carrier which makes it simple for you. When comparing car insurance prices, you should always compare prices from at a minimum one independent agency to get the most accurate price comparison.
Below is a short list of independent insurance agencies in El Paso that can give you comparison quotes.
Desert West Insurance: Lavelle Michael
7500 Viscount Suite 101 – El Paso, TX 79925 – (830) 534-9623 – View Map
Omega Insurance Agency
1580 George Dieter Dr #303 – El Paso, TX 79936 – (915) 856-6700 – View Map
Colonial Insurance
1515 Lee Trevino Dr – El Paso, TX 79936 – (915) 590-4099 – View Map
Once you have answers to your satisfaction and an affordable coverage quote, most likely you have located an insurance agency that is reputable and can properly insure your vehicles. Just understand that it’s your policy and you can cancel a policy at any point so never feel that you’re stuck with any specific company for a certain time period.
Get Cheap Insurance Premiums by Understanding These Factors
Multiple criteria are part of the calculation when pricing auto insurance. Some factors are common sense such as traffic violations, but other criteria are less apparent such as your marital status or your commute time.
Where you live factors in – Having an address in less populated areas of the country is a good thing when talking about auto insurance. City drivers have to deal with much more traffic and much longer commute distances. Fewer drivers means fewer accidents in addition to lower liability claims.
Performance impacts insurance premiums – The type of vehicle you are trying to find cheaper insurance for makes a significant difference in your premium level. Small economy passenger cars receive the most favorable rates, but the final cost of insurance is determined by many other factors.
The chart below uses these variables: single male driver age 30, full coverage with $500 deductibles, and no discounts or violations. The chart compares Chrysler 300 rates compared to other makes and models that have a range of performance rating factors.
Discounts for married couples – Being married may cut your premiums when buying auto insurance. It may mean you are more mature than a single person and it’s proven that married drivers tend to file fewer claims.
Compare rates if you bundle your policies – Some insurers allow discounts to buyers who consolidate policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, you may still want to check prices from other companies to ensure the best deal. Drivers may still find lower rates even if you have your coverage with different companies
Claims statistics for a Chrysler 300 – Companies study historical loss data when setting rates for each model. Vehicles that the data shows to have a trend towards higher claims will have higher rates.
The table below shows the collected loss data for Chrysler 300 vehicles. For each coverage category, the claim amount for all vehicles, as a total average, is a value of 100. Numbers shown that are under 100 indicate better than average losses, while numbers above 100 show a trend for more claims or a tendency for losses to be larger than average.
| Vehicle 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 from IIHS.org for 2013-2015 Model Years
Three reasons to not skimp on auto insurance
Despite the fact that auto insurance is not cheap in El Paso, paying for auto insurance is required in Texas but it also protects you in many ways.
- The majority of states have compulsory liability insurance requirements which means you are required to carry a minimum amount of liability protection in order to get the vehicle licensed. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your Chrysler 300 has a lienholder, most lenders will make it mandatory that you carry insurance to protect their interest in the vehicle. If coverage lapses or is canceled, the bank will be required to insure your Chrysler for a much higher rate and force you to reimburse them for it.
- Insurance protects your Chrysler and your assets. Insurance will pay for medical bills for not only you but also any passengers injured in an accident. As part of your policy, liability insurance also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will pay to have it repaired.
The benefits of having auto insurance definitely exceed the cost, especially when you need to use it. According to a 2015 survey, the average American driver overpays as much as $810 a year so it’s very important to do a rate comparison at least once a year to ensure rates are competitive.
Don’t give up on cheap rates
We just covered a lot of ways to reduce Chrysler 300 insurance prices online in El Paso. The most important thing to understand is the more companies you get rates for, the better likelihood of getting affordable Chrysler 300 insurance quotes. You may even discover the biggest savings come from the smaller companies. They can often insure niche markets at a lower cost than their larger competitors like Allstate or State Farm.
While you’re price shopping online, don’t be tempted to buy less coverage just to save a little money. There have been many situations where consumers will sacrifice uninsured motorist or liability limits only to regret at claim time they didn’t have enough coverage. The goal is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.
More information is located at these links:
- Avoiding Deer Collisions (Insurance Information Institute)
- Five Mistakes to Avoid (Insurance Information Institute)
- Teen Driving and Texting (State Farm)
- What is Full Coverage? (Allstate)