How to Save on Dodge Avenger Insurance in Lincoln

How long has it been since you compared cheaper Dodge Avenger insurance in Lincoln? Have you fallen victim to an overpriced auto insurance policy? Don’t feel bad because many Lincoln drivers have buyer’s remorse.

We don’t have to tell you that car insurance companies don’t want you to compare rates. Drivers who compare rates once a year are inclined to buy a new policy because they have good chances of finding a more affordable policy premium. A study showed that people who routinely compared quotes saved as much as $865 annually compared to other drivers who never shopped for cheaper rates.

If finding the cheapest price for insurance is your objective, learning the best way to quote and compare insurance can help make the process easier and more efficient.

How to find low-cost rates for Dodge Avenger insurance in Lincoln

If saving the most money is your goal, then the best way to save money on Dodge Avenger insurance is to begin comparing prices regularly from different companies that insure vehicles in Lincoln. Drivers can shop around by completing these steps.

1. Gain an understanding of the different coverages in a policy and the factors you can control to keep rates down. Many factors that result in higher prices such as distracted driving and a negative credit history can be controlled by making minor changes to your lifestyle. This article provides more information to get lower rates and find discounts that may have been missed.
2. Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give prices from a single company like GEICO or State Farm, while independent agents can quote prices from many different companies. Get quotes now
3. Compare the new rate quotes to the premium of your current policy to see if a cheaper rate is available. If you can save some money and switch companies, ensure coverage does not lapse between policies.
4. Provide proper notification to your current company of your intent to cancel your current auto insurance policy. Submit a down payment along with a completed application to your new carrier. Once the application is submitted, place the new proof of insurance paperwork somewhere easily accessible.

A crucial key to this process is to try to use similar deductibles and liability limits on every price quote and and to get prices from every company you can. This guarantees a level playing field and the best price selection.

Consumers have multiple car insurance companies to insure vehicles with, and although it’s a good thing to have multiple companies, so many choices can make it hard to find the best rates for your vehicles.

Finding cheaper Lincoln insurance rates can be relatively painless. The only thing you need to do is take time to get quotes online from several insurance companies.

It’s so easy to compare quotes online that it takes the place of having to spend time driving to and from local Lincoln insurance agencies. The fact that you can get quotes online eliminates the need for an insurance agent unless you require the trained guidance of an agent trained in personal lines coverage. If you prefer, some companies allow you to comparison shop online but have your policy serviced through an agent.

The following companies can provide price quotes in Nebraska. If your goal is to find cheap car insurance in NE, we suggest you visit two to three different companies in order to get a fair rate comparison.

Car insurance does more than just repair your car

Despite the potentially high cost of Dodge Avenger insurance, paying for car insurance is required for several reasons.

• The majority of states have mandatory liability insurance requirements which means you are required to carry specific limits of liability insurance in order to drive the car legally. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your vehicle has a loan, almost all lenders will have a requirement that you have comprehensive coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the lender may insure your Dodge for a much higher rate and force you to reimburse them for the expensive policy.
• Car insurance protects both your vehicle and your assets. It will also reimburse you for most medical and hospital costs for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, will also pay for a defense attorney if someone files suit against you as the result of an accident. If your Dodge gets damaged, your car insurance policy will pay to repair the damage.

The benefits of buying enough insurance more than offset the price you pay, specifically if you ever have a liability claim. On average, a vehicle owner in Lincoln is wasting up to $869 every year so smart consumers compare quotes once a year at a minimum to help ensure money is not being wasted.

Coverage information

The rate table displayed below covers a range of insurance prices for Dodge Avenger models. Having a good understanding how insurance quotes are established can be of help when making informed decisions when comparing rates.

Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Nebraska minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Prices do not factor in specific garaging location which can alter coverage prices greatly.

Analysis of deductible levels

When comparing insurance rates, the most common question is the level to set your comp and collision deductibles. The comparison tables below lay out the differences in price between low and high physical damage deductibles. The first rate quote example uses a $100 physical damage coverage deductible and the second price chart uses a $1,000 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Rate quotes do not factor in zip code location which can alter insurance rates greatly.

Based on these figures, using a $100 deductible costs an average of $33 more each month or $396 each year averaged for all Avenger models than requesting the higher $1,000 deductible. Since you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average more than 27 months between claims, you would more than likely save some money if you choose a higher deductible. The numbers below show the way you can make this decision for your own policy.

One thing to note is that increasing deductibles to lower your rates means you will have to pay more of your own money when you have a comprehensive or collision claim. You should have some available funds in order to pay more for the deductible.

Driving violations and accidents

The chart below demonstrates how traffic citations and at-fault fender-benders raise Dodge Avenger premium costs for different age categories. The rates are based on a single male driver, full coverage, $100 deductibles, and no discounts are factored in.

Comparison of insurance rates by gender and age in Lincoln

The chart below illustrates the difference between Dodge Avenger insurance costs for male and female drivers. The data is based on no accidents or driving violations, full coverage, $100 deductibles, drivers are not married, and no other discounts are factored in.

Dodge Avenger liability rates compared to full coverage

The illustration below visualizes the comparison of Dodge Avenger insurance prices with full coverage compared to only the Nebraska minimum liability coverage. The rates are based on no claims or violations, $100 deductibles, single marital status, and no additional discounts are factored in.

When to drop comprehensive and collision coverage

There isn’t a steadfast formula that is best for determining when to drop physical damage insurance, but there is a general convention. If the yearly cost for physical damage coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.

For example, let’s assume your Dodge Avenger book value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would receive is $5,000 after paying your policy deductible. If you are paying more than $500 annually for your policy with full coverage, then it may be the right time to buy liability only.

There are some conditions where only buying liability is not in your best interest. If you still have a lienholder on your title, you are required to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should keep full coverage in place.

Lincoln insurance discounts for a Dodge Avenger

The price of auto insurance can be rather high, but there could be available discounts to help bring down the price. Certain discounts will be applied when you complete an application, but less common discounts must be manually applied prior to getting the savings.

• ABS Brakes – Cars, trucks, and SUVs equipped with ABS or steering control are much safer to drive and therefore earn up to a 10% discount.
• Auto/Home Discount – When you have multiple policies with one company they may give you a discount of 10% to 20% off each policy.
• No Accidents – Claim-free drivers can earn big discounts when compared with drivers with a long claim history.
• Passenger Safety Discount – Factory options such as air bags and/or automatic seat belt systems can receive discounts up to 30%.
• Lincoln Homeowners Discount – Being a homeowner can save you money since owning and maintaining a home is proof that your finances are in order.

One last thing about discounts, some credits don’t apply to the overall cost of the policy. Most only cut individual premiums such as liability, collision or medical payments. Just because it seems like all those discounts means the company will pay you, it’s just not the way it works.

The example below illustrates the difference between Dodge Avenger insurance premiums with and without discounts applied to the rates. The rate quotes are based on a male driver, no claims or driving violations, Nebraska state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, homeowner, multi-car, safe-driver, and claim-free discounts applied.

The best insurance companies and the discounts they provide are shown below.

• State Farm has savings for defensive driving training, passive restraint, Drive Safe & Save, student away at school, and driver’s education.
• GEICO may have discounts that include air bags, good student, multi-vehicle, membership and employees, seat belt use, and anti-lock brakes.
• Allstate includes discounts for teenSMART discount, premier discount, anti-lock brakes, FullPay discount, utility vehicle, defensive driver, and 55 and retired.
• SAFECO may include discounts for teen safety rewards, bundle discounts, accident prevention training, teen safe driver, multi-car, anti-lock brakes, and homeowner.
• Farm Bureau offers premium reductions for good student, youthful driver, renewal discount, multi-policy, and multi-vehicle.
• Progressive has discounts for homeowner, multi-vehicle, continuous coverage, online quote discount, multi-policy, good student, and online signing.
• AAA policyholders can earn discounts including multi-policy, AAA membership discount, multi-car, good driver, pay-in-full, education and occupation, and anti-theft.

When comparing rates, check with all the companies how you can save money. Some discounts listed above might not be offered on policies in every state. To see providers with discount rates in Lincoln, click here.