Best Chrysler PT Cruiser Insurance in Plano

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Discount Chrysler PT Cruiser insuranceWe don't have to point out that fact that insurance companies don't want policyholders to compare prices from other companies. Insureds who rate shop once a year are inclined to switch to a new company because they stand a good chance of finding a more affordable policy. A recent study showed that people who did price comparisons regularly saved an average of $72 a month as compared to drivers who didn't regularly shop around.

If finding budget-friendly Chrysler PT Cruiser insurance is why you're reading this, then learning a little about the best way to quote and compare insurance rates can save time and money.

To save the most money, the best way to quote cheaper auto insurance rates in Plano is to begin comparing prices regularly from companies who sell auto insurance in Texas. Rates can be compared by completing these steps.

  • First, read about the different coverages in a policy and the steps you can take to prevent expensive coverage. Many factors that cause rate increases like traffic tickets, fender benders, and an imperfect credit rating can be amended by being financially responsible and driving safely. This article gives more information to lower rates and get additional discounts.
  • Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from one company like GEICO or Allstate, while agents who are independent can provide price quotes from multiple sources. Begin your rate comparison
  • Third, compare the price quotes to your current policy premium and see if there is a cheaper rate in Plano. If you can save money and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
  • Fourth, provide proper notification to your current company of your intent to cancel your current coverage. Submit the completed application along with a down payment to your new company or agent. Be sure to put the certificate verifying proof of insurance above your visor, in the console, or in the glove compartment.

An essential thing to point out is to use identical deductibles and limits on every quote request and and to get quotes from all possible companies. This provides an accurate price comparison and maximum price selection.

If you have a current insurance policy, you should be able to shop for the lowest rates using the concepts you're about to learn. Obtaining price quotes for the best insurance coverage in Plano is not that difficult. Although Texas car owners do need to understand how the larger insurance companies determine prices because rates fluctuate considerably.

Companies offer many types of discounts on Chrysler PT Cruiser insurance in Plano

Car insurance can cost a lot, but you might already qualify for some discounts that you may not know about. Some of these discounts will be visible when you quote, but some need to be inquired about before you get the savings.

  • Early Switch Discount - A few insurance companies give discounts for buying a new policy prior to your current PT Cruiser insurance policy expiring. It can save you around 10%.
  • Discount for New Cars - Buying insurance on a new vehicle is cheaper since newer vehicles are generally safer.
  • Lower Rates for Military - Having a family member in the military could be rewarded with lower rates.
  • Low Mileage - Maintaining low annual mileage can earn lower prices due to less chance of an accident.
  • Discount for Passive Restraints - Options like air bags and/or automatic seat belt systems may get savings of up to 25% or more.

Drivers should understand that most of the big mark downs will not be given to the overall cost of the policy. Most cut specific coverage prices like medical payments or collision. So despite the fact that it appears it's possible to get free car insurance, that's just not realistic.

The example below illustrates the comparison of Chrysler PT Cruiser auto insurance rates with and without discounts being applied to the rates. The premiums assume a female driver, no driving violations, no at-fault accidents, Texas state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-policy, homeowner, multi-car, and claim-free discounts applied.

A few popular companies and some of the discounts can be found below.

  • American Family has discounts for good driver, TimeAway discount, good student, air bags, accident-free, and defensive driver.
  • Farm Bureau policyholders can earn discounts including youthful driver, multi-policy, multi-vehicle, good student, and safe driver.
  • State Farm discounts include multiple policy, defensive driving training, Steer Clear safe driver discount, accident-free, driver's education, and multiple autos.
  • Travelers offers premium reductions for hybrid/electric vehicle, good student, early quote, continuous insurance, multi-policy, student away at school, and save driver.
  • The Hartford offers discounts for air bag, defensive driver, driver training, anti-theft, and good student.
  • GEICO includes discounts for membership and employees, emergency military deployment, driver training, military active duty, and seat belt use.
  • Progressive may offer discounts for good student, continuous coverage, online quote discount, multi-vehicle, and homeowner.

If you need the cheapest Chrysler PT Cruiser rate quotes, ask every prospective company which discounts you qualify for. Some of the earlier mentioned discounts might not be offered in every state. To see insurers who offer cheap Chrysler PT Cruiser insurance quotes in Texas, click this link.

Compare Plano Chrysler PT Cruiser insurance price quotes

When quoting insurance, remember that comparing a wide range of rates will improve the odds of getting the best rates.

The providers in the list below can provide free rate quotes in Plano, TX. If your goal is to find the best cheap car insurance in Plano, it's highly recommended you visit as many as you can to find the most affordable auto insurance rates.

Chrysler PT Cruiser insurance charts and tables

The price information displayed below highlights estimates of prices for Chrysler PT Cruiser models. Having a good grasp of how auto insurance policy rates are determined can assist in making smart choices when selecting a policy.

Chrysler PT Cruiser Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
PT Cruiser 2WD 4-Dr $284 $502 $438 $26 $130 $1,380 $115
PT Cruiser 2WD 4-Dr $284 $502 $438 $26 $130 $1,380 $115
Get Your Own Custom Quote Go

Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Rates do not factor in vehicle garaging location which can revise prices considerably.

An analysis of deductible level

One of the more difficult decisions when buying auto insurance is how low should you set your deductibles. The tables below sum up the differences in price of buying low and high deductibles. The first set of rates uses a $100 comprehensive and collision deductible and the second pricing table uses a $500 deductible.

Chrysler PT Cruiser insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
PT Cruiser 2WD 4-Dr $286 $486 $324 $20 $96 $1,237 $103
PT Cruiser 2WD 4-Dr $286 $486 $324 $20 $96 $1,237 $103
Get Your Own Custom Quote Go
Chrysler PT Cruiser insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
PT Cruiser 2WD 4-Dr $208 $328 $324 $20 $96 $976 $81
PT Cruiser 2WD 4-Dr $208 $328 $324 $20 $96 $976 $81
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Table data does not factor in specific location which can alter premium rates substantially.

Using the data above, we can ascertain that using a $100 deductible costs approximately $22 more each month or $264 annually than quoting the higher $500 deductible. Since the policyholder would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you average more than 18 months between claims, you would probably come out ahead if you choose a higher deductible.

How to determine if raising deductibles makes sense

Average monthly premium for $100 deductibles: $103
Average monthly premium for $500 deductibles (subtract): - $81
Monthly savings from raising deductible: $22
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $22
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 18 months

Full coverage or liability only

The example below compares Chrysler PT Cruiser insurance costs when comparing full coverage to state minimum liability only. Data assumes a clean driving record, no at-fault accidents, $250 deductibles, single status, and no discounts are factored in.

When to stop buying comprehensive and collision coverage

There isn't a written rule to delete comp and collision coverage, but there is a guideline you can use. If the annual cost of coverage is 10% or more of replacement cost minus your deductible, then you may need to consider dropping full coverage.

For example, let's assume your Chrysler PT Cruiser replacement cost 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 paying your deductible. If you are paying more than $300 annually for your policy with full coverage, then it might be time to buy liability only.

There are some cases where dropping physical damage coverage is not financially feasible. If you haven't paid off your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don't have enough money to buy a different vehicle in the even your car is totaled, you should not remove full coverage.

Why You Might Pay Lower Rates in Plano

An important part of buying insurance is that you know the rating factors that are used to determine car insurance rates. When you know what positively or negatively controls the rates you pay, this helps enable you to make changes that could result in lower rates.

The following are most of the major factors car insurance companies consider when setting your rate level.

Your employer may affect premiums - Did you know your car insurance rates can be affected by your occupation? Careers like fire fighters, social workers, and accountants generally pay higher rates than the rest of us in part from high stress levels and lots of time spent at work. On the flip side, occupations like farmers, athletes and retirees have lower than average premiums.

Driver age impacts rates - Older insureds are more cautious drivers, tend to cause fewer accidents, and receive fewer citations. Young drivers tend to be more careless when behind the wheel so car insurance rates are higher.

The chart below uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Prices are impacted by vehicle performance - The performance of the car you need to insure makes a big difference in your car insurance bill. The cheapest insurance rates will normally be found when insuring low performance passenger vehicles, but other factors influence the final cost greatly.

The next chart assumes a single female driver age 20, full coverage with $500 deductibles, and no discounts or violations. It compares Chrysler PT Cruiser rates compared to other makes and models that have different risk factors.

No insurance claims equals cheaper premiums - If you file a lot of claims you shouldn't be surprised to get either policy cancellation or increased premiums. Insurance companies in Texas award lower rates to insureds that do not abuse their auto insurance. Your insurance policy is intended for the bigger claims that can't be paid out-of-pocket.

Improve your credit history - A driver's credit history is likely to be a major factor in determining your rates. If your credit rating can be improved, you could save money insuring your Chrysler PT Cruiser by repairing your credit. Insureds with good credit tend to be less risk to insure as compared to drivers with lower credit scores.

Use one insurance company and save - Some insurance companies give lower prices for people who have multiple policies with them in the form of a multi-policy discount. The discount can be 10 percent or more. Even though this discount sounds good, it's in your best interest to get quotes from other companies to help guarantee you have the best rates. It's possible to still save even more than the discount by buying from different companies

Avoid tickets and save - Whether or not you get tickets can have a huge impact on auto insurance premiums. Only having one moving violation can boost insurance rates twenty percent or more. Drivers who don't get tickets get better rates as compared to careless drivers. Drivers with multiple tickets like DUI or reckless driving may be required to submit a SR-22 or proof of financial responsibility with their state's department of motor vehicles in order to keep their license.

The information below illustrates how speeding tickets and accident claims can increase Chrysler PT Cruiser insurance rates for different age categories. The premiums assume a married male driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.

What is the best car insurance coverage?

Keep in mind that when it comes to choosing coverage online or from an agent, there is no one size fits all plan. Every insured's situation is different so this has to be addressed. For instance, these questions may help you determine if your insurance needs may require specific advice.

  • Do all my vehicles need collision coverage?
  • Are my friends covered when driving my Chrysler PT Cruiser?
  • If my Chrysler PT Cruiser is totaled, can I afford another vehicle?
  • At what point should I drop full coverage?
  • Is my babysitter covered when using my vehicle?
  • When does my teenage driver need to be added to my policy?
  • Should I buy more coverage than the required Texas minimum liability coverage?
  • Do I need special coverage while pulling a rented trailer?
  • Does my insurance cover a custom paint job?
  • Does insurance cover tools stolen from my truck?

If you're not sure about those questions, then you may want to think about talking to an agent. If you don't have a local agent, complete this form or click here for a list of car insurance companies in your area.

When to have guidance from an insurance agent

A small number of people prefer to sit down with an agent and that is a personal choice. An additional benefit of price shopping on the web is you can get lower rates and also buy local.

Once you complete this quick form, your information is sent to insurance agents in Plano who will give competitive quotes and help you find cheaper coverage. It makes it easy because there is no need to leave your house because prices are sent to the email address you provide. You can find lower rates without the usual hassles of price shopping. If you need to compare rates from a particular provider, you just need to search and find their rate quote page and fill out their quote form.

Picking a provider should include more criteria than just the quoted price. Any agent in Plano should be willing to answer these questions.

  • Are you getting all the discounts the company offers?
  • Do they get extra compensation for selling add-on coverages?
  • How are claims handled?
  • Which insurance companies are they affiliated with?
  • Do they have a Better Business Bureau rating in Plano?
  • Is there any savings for paying the full premium?
  • How many years of experience in personal auto insurance do they have?
  • Is every driver in your family covered?

Once you have received acceptable answers and an affordable coverage quote, chances are good that you have found an insurer that can be trusted to insure your vehicles. Just be aware that consumers can cancel your coverage at any time so never assume that you are permanently stuck with a specific agent for the entire policy term.

Buying the right vehicle insurance in Texas is an important decision

Even though it's not necessarily cheap to insure a Chrysler in Plano, insurance may be required for several reasons.

First, the majority of states have minimum mandated liability insurance limits which means you are required to buy specific limits of liability protection if you want to drive legally. 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.

Second, if your Chrysler PT Cruiser has a loan, it's most likely the lender will require you to have physical damage coverage to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the lender will be forced to insure your Chrysler at a much higher rate and force you to pay the higher price.

Third, insurance protects your Chrysler PT Cruiser and your assets. It will also reimburse you for medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance also covers legal expenses if anyone sues you for causing an accident. If mother nature or an accident damages your car, comprehensive and/or collision insurance will cover the repair costs.

The benefits of buying enough insurance more than offset the price you pay, especially when you need to use it. On average, a vehicle owner in Plano is wasting up to $800 each year so you should quote and compare rates at every policy renewal to help ensure money is not being wasted.

Get the best coverage at the best price

When getting Plano auto insurance quotes online, it's very important that you do not buy lower coverage limits just to save a few bucks. There have been many situations where consumers will sacrifice liability coverage limits only to regret at claim time that the small savings ended up costing them much more. The ultimate goal is to buy a smart amount of coverage at the best possible price but still have enough coverage for asset protection.

Some auto insurance companies may not offer price quotes online and many times these smaller companies only sell through independent agencies. Affordable Chrysler PT Cruiser insurance in Plano can be bought from both online companies as well as from insurance agents, and you should compare rates from both in order to have the best chance of saving money.

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