If you want to find the absolute lowest rates, then the best way to get affordable car insurance rates in Lincoln is to compare quotes annually from providers that insure vehicles in Nebraska. Rates can be compared by completing these steps.
- First, try to comprehend the different coverages in a policy and the changes you can make to prevent expensive coverage. Many things that result in higher rates like getting speeding tickets and a low credit score can be rectified by making lifestyle changes or driving safer.
- Second, request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from one company like GEICO and Allstate, while independent agents can provide prices from many different companies. Select a company
- Third, compare the quotes to your current policy premium and see if there is a cheaper rate. If you find a lower rate quote and buy the policy, verify that coverage does not lapse between policies.
An important note is to make sure you enter similar coverage information on every price quote and and to get price quotes from every insurance company. This enables the most accurate price comparison and the best rate selection.
Statistics show that over 70% of drivers have stayed with the same insurance company for at least four years, and almost 40% of drivers have never compared rate quotes at all. Drivers in Lincoln could save roughly 30% every year by just comparing rate quotes, but they feel it’s too difficult to compare rates and save money.
If you have insurance now, you should be able to find the best rates using the ideas you’re about to read. Our objective in writing this article is to help you learn how to get online quotes and some tips to save money. Although Nebraska consumers need to learn how big insurance companies determine how much to charge because rates fluctuate considerably.
Companies offering Chrysler 300 insurance in Nebraska
The companies shown below are ready to provide quotes in Lincoln, NE. If your goal is to find the best car insurance in Nebraska, we suggest you visit two to three different companies to get the best price comparison.
Premium rates and analysis
The rate table displayed next showcases different rate quotes for Chrysler 300 models. Having knowledge of how insurance prices are established is important for drivers to make smart choices when comparing insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $124 | $240 | $282 | $16 | $84 | $746 | $62 |
| 300 Touring Plus 4-Dr Sedan | $124 | $240 | $282 | $16 | $84 | $746 | $62 |
| 300 Touring AWD 4-Dr | $124 | $240 | $282 | $16 | $84 | $746 | $62 |
| 300 S V6 4-Dr Sedan | $124 | $240 | $282 | $16 | $84 | $746 | $62 |
| 300 Touring Signature 4-Dr Sedan | $124 | $240 | $282 | $16 | $84 | $746 | $62 |
| 300 Touring Executive 4-Dr Sedan | $124 | $240 | $282 | $16 | $84 | $746 | $62 |
| 300 Touring Signature AWD 4-Dr | $138 | $276 | $282 | $16 | $84 | $796 | $66 |
| 300 Limited 4-Dr Sedan | $138 | $276 | $282 | $16 | $84 | $796 | $66 |
| 300 C 4-Dr Sedan | $138 | $276 | $282 | $16 | $84 | $796 | $66 |
| 300 S V8 4-Dr Sedan | $138 | $276 | $282 | $16 | $84 | $796 | $66 |
| 300 Limited AWD 4-Dr | $138 | $276 | $282 | $16 | $84 | $796 | $66 |
| 300 C AWD 4-Dr | $138 | $276 | $282 | $16 | $84 | $796 | $66 |
| 300 SRT-8 4-Dr Sedan | $138 | $276 | $282 | $16 | $84 | $796 | $66 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Nebraska minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Premium amounts do not factor in specific zip code location which can raise or lower coverage prices noticeably.
Physical damage deductible comparison
When shopping for insurance, a common question is how high should the deductibles for physical damage be. The data tables below can help show the rate differences between high and low comp and collision deductibles. The first price estimate table uses a $100 deductible and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| 300 Touring Plus 4-Dr Sedan | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| 300 Touring AWD 4-Dr | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| 300 S V6 4-Dr Sedan | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| 300 Touring Signature 4-Dr Sedan | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| 300 Touring Executive 4-Dr Sedan | $292 | $548 | $300 | $18 | $90 | $1,273 | $106 |
| 300 Touring Signature AWD 4-Dr | $324 | $632 | $300 | $18 | $90 | $1,389 | $116 |
| 300 Limited 4-Dr Sedan | $324 | $632 | $300 | $18 | $90 | $1,389 | $116 |
| 300 C 4-Dr Sedan | $324 | $632 | $300 | $18 | $90 | $1,389 | $116 |
| 300 S V8 4-Dr Sedan | $324 | $632 | $300 | $18 | $90 | $1,389 | $116 |
| 300 Limited AWD 4-Dr | $324 | $632 | $300 | $18 | $90 | $1,389 | $116 |
| 300 C AWD 4-Dr | $324 | $632 | $300 | $18 | $90 | $1,389 | $116 |
| 300 SRT-8 4-Dr Sedan | $324 | $632 | $300 | $18 | $90 | $1,389 | $116 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| 300 Touring Plus 4-Dr Sedan | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| 300 Touring AWD 4-Dr | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| 300 S V6 4-Dr Sedan | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| 300 Touring Signature 4-Dr Sedan | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| 300 Touring Executive 4-Dr Sedan | $162 | $290 | $300 | $18 | $90 | $860 | $72 |
| 300 Touring Signature AWD 4-Dr | $180 | $334 | $300 | $18 | $90 | $922 | $77 |
| 300 Limited 4-Dr Sedan | $180 | $334 | $300 | $18 | $90 | $922 | $77 |
| 300 C 4-Dr Sedan | $180 | $334 | $300 | $18 | $90 | $922 | $77 |
| 300 S V8 4-Dr Sedan | $180 | $334 | $300 | $18 | $90 | $922 | $77 |
| 300 Limited AWD 4-Dr | $180 | $334 | $300 | $18 | $90 | $922 | $77 |
| 300 C AWD 4-Dr | $180 | $334 | $300 | $18 | $90 | $922 | $77 |
| 300 SRT-8 4-Dr Sedan | $180 | $334 | $300 | $18 | $90 | $922 | $77 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Premium amounts do not factor in specific location which can lower or raise prices greatly.
Based on the above data, using a $100 deductible costs about $36 more each month or $432 annually than choosing the higher $1,000 deductible. Since you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you have at least 25 months between claims, you would come out ahead by selecting a higher deductible.
Calculate deductible break even point
| Average monthly premium for $100 deductibles: | $111 |
| Average monthly premium for $1,000 deductibles (subtract): | – $75 |
| Monthly savings from raising deductible: | $36 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $36 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 25 months |
The diagram below demonstrates how deductible levels and can impact Chrysler 300 insurance premiums for different age categories. The data assumes a single male driver, comp and collision included, and no additional discounts are factored in.
Driving violations and accidents
The chart below highlights how traffic violations and accidents influence Chrysler 300 insurance costs for different age groups of insureds. Data assumes a single male driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.
Difference between liability only and full coverage rates
The example below illustrates the comparison of Chrysler 300 car insurance rates with full physical damage coverage compared to only buying liability only. The rates are based on no accidents or driving violations, $250 deductibles, marital status is single, and no discounts are factored in.
Should you be buying full coverage?
There is no exact formula that is best for determining when to drop comp and collision coverage, but there is a guideline you can use. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Chrysler 300 claim settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after paying your deductible. If it’s costing you more than $800 a year to have full coverage, then it’s probably a good time to buy liability coverage only.
There are a few situations where only buying liability is not advised. If you still owe a portion of the original loan, you have to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.
Determine discounts to get cheap Lincoln insurance quotes
Insurance is not an enjoyable expense, but there could be significant discounts that may help make it more affordable. Certain reductions will be credited at the time of purchase, but a few must be requested specifically before you get the savings.
- Resident Student – Kids living away from Lincoln attending college and leave their car at home could get you a discount.
- Theft Deterrent – Vehicles that have factory alarm systems and tracking devices can help prevent theft so companies will give you a small discount.
- Early Switch Discount – A few companies give discounts for renewing your policy prior to your current 300 insurance policy expiring. You can save around 10% with this discount.
- Bundled Policy Discount – If you have multiple policies and insure them with the same company you could earn a discount of up to 20% and get you cheap 300 insurance.
- ABS Brakes – Vehicles with anti-lock braking systems are much safer to drive and earn discounts up to 10%.
- No Claims – Insureds with no claims or accidents pay less as compared to drivers who are more careless.
- Professional Memberships – Belonging to a civic or occupational organization in Lincoln is a good way to get lower rates when shopping for insurance.
- Pay Early and Save – By making one initial payment instead of making monthly payments you may reduce your total bill.
- Lincoln Homeowners Pay Less – Being a homeowner can save a few bucks since owning and maintaining a home requires a higher level of personal finance.
- Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education if offered at their school.
Discounts lower rates, but most discounts do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates having all the discounts means you get insurance for free, nobody gets a free ride. Any qualifying discounts should definitely cut your policy cost.
The diagram below compares Chrysler 300 annual premium costs with and without discounts applied to the policy premium. The prices are based on a female driver, a clean driving record, no at-fault accidents, Nebraska state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-car, claim-free, safe-driver, and multi-policy discounts applied.
For a list of insurance companies that offer multiple discounts in Lincoln, follow this link.
Chrysler 300 Insurance Cost Factors
Lots of things are part of the calculation when pricing auto insurance. Some factors are common sense such as traffic violations, but some are not as apparent like your vehicle usage or how safe your car is.
The items below are some of the most common factors that factor into prices.
- Costs may be higher where you live – Having an address in areas with lower population has it’s advantages when trying to find low car insurance rates. Drivers who live in large cities regularly have more aggressive driving styles and longer commute times. Lower population translates into fewer accident claims as well as less vandalism and auto theft.
- Low stress occupation equals lower rates – Do you work in a high-stress field? Jobs like judges, police officers, and medical professionals usually pay higher rates than average due to high stress and long work days. On the flip side, careers like professors, historians and the unemployed have lower than average premiums.
- Is your vehicle theft-ready? – Buying a car that has an advanced theft prevention system can get you a discount on your insurance. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder auto theft and help lower rates.
- Cheaper rates after marriage – Having a wife or husband can actually save you money on your insurance bill. It demonstrates that you tend to be more financially stable and insurance companies like that married drivers tend to have fewer serious accidents.
- Defend yourself with liability – Your insurance policy’s liability coverage is the coverage that protects you in the event that you are found liable for personal injury or accident damage. Liability provides you with a defense in court to attempt to prove you were not liable. Liability is cheap compared to insuring for physical damage coverage, so drivers should carry high limits.
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Insurance rates and vehicle performance – The type of car you drive makes a big difference in your premium level. The most favorable rates are for lower cost passenger models, but other factors influence the final cost greatly.
The following chart uses these assumptions: single female driver age 30, full coverage with $100 deductibles, and no discounts or violations. It shows Chrysler 300 insurance rates compared to other models that have a range of performances.
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Loss statistics for a Chrysler 300 – Companies take into consideration historical loss data for every vehicle to help calculate a profitable premium price. Models that the statistics show to have a trend towards higher claim severity or frequency will cost more for coverage.
The table below demonstrates the compiled insurance loss statistics for Chrysler 300 vehicles. For each coverage category, the loss probability for all vehicles combined as an average is a value of 100. Numbers below 100 suggest losses that are better than average, while numbers above 100 show a trend for more claims or larger claims.
Chrysler 300 Insurance Loss Statistics Make and 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 BETTERAVERAGEWORSEStatistics from IIHS.org for 2013-2015 Model Years
Compare rate quotes but buy from a local Lincoln insurance agent
Some people prefer to buy from a licensed agent and doing that can be a smart decision An additional benefit of comparing rate quotes online is you can get lower prices but also keep your business local.
To make it easy to find an agent, after completing this short form, your insurance coverage information is transmitted to insurance agents in Lincoln that can give you free Lincoln car insurance quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to find an agent on your own due to the fact that quote results will go to you directly. You’ll get the best rates without a big time investment. If you wish to compare prices from a particular provider, feel free to navigate to their website and complete a quote there.
Choosing an insurance company requires you to look at more than just the price. These are valid questions to ask:
- When do they do a full risk review?
- Do the companies they represent have a solid financial rating?
- Do they regularly work with personal auto policies in Lincoln?
- How is replacement cost determined on your vehicle?
- Does the quote include credit and driving reports?
- What is the agency’s Better Business Bureau rating?
- Will the agent help in case of a claim?
- How long has the business existed?
If you’re trying to find a local insurance agency, you should know the different types of agents and how they differ in how they can insure your vehicles. Car insurance agencies can be categorized as either exclusive or independent.
Exclusive Car Insurance Agencies
Exclusive agencies normally can only provide a single company’s rates and examples are State Farm, Allstate and AAA. They generally cannot give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. Exclusive agents receive a lot of sales training in insurance sales which helps them compete with independent agents. Some insured continue to purchase coverage from exclusives partially due to the prominence of the brand rather than low rates.
Shown below are Lincoln exclusive agents willing to provide price quotes.
- American Family Insurance – Douglas Kruce
5730 R St Ste D – Lincoln, NE 68505 – (402) 423-1224 – View Map - Roger McGinnis – State Farm Insurance Agent
6900 O St #105 – Lincoln, NE 68510 – (402) 466-6300 – View Map - Allstate Insurance: Erik Brooks
1600 Normandy Ct #110 – Lincoln, NE 68512 – (402) 261-3959 – View Map
Independent Insurance Agents
Independent insurance agents do not sell for just one brand so they have the ability to put coverage with an assortment of companies and find the cheapest rate. If they find a cheaper price, the agent simply finds a different carrier which makes it simple for you. If you are trying to find cheaper rates, it’s a good idea to compare quotes from multiple independent agents to have the most options to choose from. Most also write with smaller mutual companies that can offer cheaper rates than bigger companies.
The following is a short list of independent insurance agencies in Lincoln that can give you price quotes.
- Mid Mex Insurance Inc
1010 South St A – Lincoln, NE 68502 – (402) 438-6800 – View Map - Davidson Insurance
5101 N 27th St – Lincoln, NE 68521 – (402) 465-1167 – View Map - Jeff Munns Agency, Inc.
1617 Normandy Ct #102 – Lincoln, NE 68512 – (402) 436-2140 – View Map
How to find a good Lincoln auto insurance company
Picking the highest-rated company is hard considering how many different companies sell coverage in Nebraska. The company ratings displayed below could help you analyze which providers to look at buying from.
Top 10 Lincoln Car Insurance Companies Overall
- USAA
- 21st Century
- GEICO
- Nationwide
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- Travelers
- American Family
Top 10 Lincoln Car Insurance Companies by A.M. Best Rank
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Nationwide – A+
- Esurance – A+
- The Hartford – A+
- Progressive – A+
- Allstate – A+
- The General – A-
Find cheap rates by comparing often
Consumers change insurance companies for a number of reasons such as lack of trust in their agent, delays in paying claims, not issuing a premium refund and even high prices. Regardless of your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.
Affordable Chrysler 300 insurance in Lincoln is possible on the web and with local Lincoln insurance agents, so you should compare both to get a complete price analysis. Some insurance providers don’t offer internet price quotes and usually these regional carriers provide coverage only through independent agents.
As you restructure your insurance plan, it’s very important that you do not buy poor coverage just to save money. In many cases, drivers have reduced physical damage coverage and found out when filing a claim that they should have had better coverage. The ultimate goal is to purchase plenty of coverage at the best possible price while still protecting your assets.
More tips and info about insurance is located by following these links:
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
- Who Has Cheap Lincoln Car Insurance Quotes for Drivers with a DUI? (FAQ)
- Who Has Cheap Auto Insurance for a Honda Accord in Lincoln? (FAQ)
- Car Insurance FAQ (Trusted Choice)
- Reducing Your Risks in a Car Crash Video (iihs.org)
- Shopping for a Safe Car (Insurance Information Institute)