Dodge Avenger Insurance Rate Quotes in Anchorage

Smart shoppers know that insurance companies don’t want you to look for a cheaper policy. Drivers who shop around will most likely buy a new policy because there is a good chance of finding a cheaper policy. A recent car insurance study revealed that drivers who faithfully checked for cheaper rates saved $850 each year compared to other drivers who never shopped around for lower prices.

If finding the lowest rates on Dodge Avenger insurance in Anchorage is your goal, then understanding how to find and compare insurance coverage can make the process more efficient.

The best way to find discount Dodge Avenger insurance is to begin comparing prices regularly from different companies that insure vehicles in Anchorage.

• First, get a basic knowledge of how car insurance works and the factors you can control to prevent expensive coverage. Many factors that cause high rates like getting speeding tickets and a low credit rating can be improved by being financially responsible and driving safely. Continue reading for additional ideas to help keep rates affordable and get bigger discounts that may have been overlooked.
• Second, obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive or State Farm, while independent agents can provide prices from multiple sources. Get quotes now
• Third, compare the quotes to your existing rates to see if cheaper Avenger coverage is available. If you can save some money and decide to switch, make sure there is no lapse in coverage.

An important bit of advice to remember is to compare the same coverage limits and deductibles on each price quote and and to get rate quotes from as many auto insurance providers as possible. Doing this guarantees a fair rate comparison and and a good selection of different prices.

The intent of this article is to help educate you on the best methods to compare rates and some tricks to saving. If you currently have car insurance, you will be able to reduce premiums using the concepts you’re about to learn. Comparison shoppers just need to use the most effective way to compare prices over the internet.

How to compare Anchorage Dodge Avenger insurance quotes

Getting cheap Dodge Avenger car insurance pricing is an easy way to save money. The only requirement is to take a few minutes comparing rates from some recommended companies.

The car insurance companies shown below can provide comparison quotes in Anchorage, AK. If multiple companies are listed, we suggest you get rate quotes from several of them in order to get a fair rate comparison.

Dodge Avenger coverage statistics

The data table displayed below outlines a range of policy rates for Dodge Avenger models. Understanding more about how auto insurance prices are figured helps drivers make decisions on the best policy to buy.

Data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Rate quotes do not factor in your specific Anchorage location which can affect insurance rates greatly.

Policy deductibles

One of the most common car insurance questions is how high should the deductibles for physical damage be. The tables below can help illustrate the difference in cost when you select higher and lower deductibles. The first rate comparisons uses a $100 physical damage coverage deductible and the second rate table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Rate information does not factor in garaging location in Anchorage which can revise price quotes significantly.

Using the data above, we can ascertain that using a $100 deductible would cost the average driver about $30 more each month or $360 for a full year averaged for all Avenger models than buying the higher $1,000 deductible. Because you would pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 30 months between claims, you would most likely save money if you choose a higher deductible. The table below shows an example of how you can do this calculation yourself.

An important thing to remember is that raising deductibles to save money means you will have to pay more when you have a comprehensive or collision claim. That will require enough money put aside in order to pay the higher deductible.

The example below shows how choosing a deductible and can impact Dodge Avenger insurance rates for different insured age categories. The data assumes a married female driver, full coverage, and no discounts are applied.

Do you need full coverage?

The information below shows the comparison of Dodge Avenger car insurance costs with full physical damage coverage and with liability coverage only. The information is based on a clean driving record, no at-fault accidents, $500 deductibles, drivers are single, and no other discounts are factored in.

Guidelines for dropping full coverage

There is no definitive formula for eliminating full coverage, but there is a broad guideline. If the annual cost of your full coverage insurance is more than around 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s say your Dodge Avenger claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $4,000 after you pay the deductible. If premiums are more than $400 a year for comprehensive and collision coverage, then it could be time to drop full coverage.

There are some conditions where dropping physical damage coverage is not a good plan. If you still have a lienholder on your title, you are required to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should maintain full coverage.

Why you need quality insurance for your Avenger

Even though it can be expensive, maintaining insurance is mandatory in Alaska but it also protects more than you think.

• Just about all states have minimum liability requirements which means you are required to carry specific limits of liability insurance in order to drive the car. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you bought your vehicle with a loan, most banks will stipulate that you have comprehensive coverage to protect their interest in the vehicle. If you default on your policy, the bank may insure your Dodge for a lot more money and require you to pay for it.
• Auto insurance protects your Dodge Avenger and your assets. Insurance will pay for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, also pays for attorney fees and expenses if you are sued as the result of your driving. If your car is damaged in a storm or accident, comprehensive and collision coverage will pay to repair the damage.

The benefits of having insurance definitely exceed the cost, especially if you ever need it. As of last year, the average driver in Alaska overpays as much as $825 a year so we recommend shopping around each time the policy renews to save money.

Anchorage Insurance Rates are Influenced by These Factors

Many things are used in the calculation when pricing auto insurance. A few of the factors are predictable such as your driving history, but other criteria are less obvious such as your marital status or how safe your car is.

Shown below are some of the factors that factor into premiums.

• Lower rates by increasing deductibles – Physical damage deductibles define how much you are required to pay if a covered claim is submitted. Physical damage coverage, aka comp and collision, is used to repair damage to your car. Some coverage claims would be a windshield broken by a bird, vandalism, and having a roll-over accident. The more money you’re willing to pay, the better rate you will receive.
• Cheaper car insurance rates with safer cars – Safe vehicles cost less to insure. Vehicles engineered for safety result in less severe injuries and better occupant protection translates into savings for insurance companies and thus lower rates.

• Tickets increase costs – Drivers who don’t get tickets pay less for auto insurance as compared to those with violations. Even one speeding ticket can bump up the cost to the point where it’s not affordable. Drivers who have received dangerous violations like DWI, reckless driving or hit and run convictions may be required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent a license revocation.

  The example below demonstrates how speeding tickets and at-fault claims can raise Dodge Avenger insurance rates for each age group. The premium estimates are based on a married female driver, comp and collision included, $500 deductibles, and no other discounts are factored in.

• Higher rates for tough jobs – Jobs such as judges, police officers, and dentists have higher average rates due to intense work requirements and extremely grueling work hours. Other professions such as farmers, engineers and homemakers generally pay rates lower than average.
• Pleasure use or commuting – The higher the miles on your Dodge in a year the more you will pay for car insurance. The majority of insurers rate vehicles based upon how you use the vehicle. Vehicles not used for work or commuting receive lower rates as compared to vehicles used primarily for driving to work. It’s always a good idea to double check that your car insurance declarations sheet correctly shows the right rating data. Having an incorrect usage rating on your Avenger is just wasting money.

• Gender and insurance coverage prices – Over the last 30 years, statistics show women tend to be less risk to insure than men. Now that doesn’t mean males are worse at driving than females. Men and women are in accidents at about the same rate, but men have costlier accidents. In addition to higher claims, males also receive more costly citations like DUI and reckless driving. Male teenagers generally have the highest accident percentage and thus pay the highest rates.

  The diagram below visualizes the comparison of Dodge Avenger car insurance costs for male and female drivers. The rates are based on no violations or accidents, comp and collision included, $100 deductibles, drivers are single, and no discounts are taken into consideration.

• Lower rates with a multi-policy discount – Most major insurance companies give discounts to insureds that buy multiple policies such as combining an auto and homeowners policy. The discount can add up to as much as ten percent or more Even if you already get this discount, drivers will still want to compare Dodge Avenger rates in Anchorage to help guarantee you have the best rates. You may still be able to find a better deal by buying insurance from more than one company.

Car insurance company ratings

Buying coverage from the best company can be challenging considering how many companies are available to choose from in Anchorage. The ranking information shown below can help you select which auto insurance companies to look at buying from.

Top 10 Anchorage Car Insurance Companies Ranked by Claims Service

1. State Farm
2. Esurance
3. AAA Insurance
4. Progressive
5. GEICO
6. Liberty Mutual
7. Allstate
8. The Hartford
9. The General
10. Farmers Insurance

Top 10 Anchorage Car Insurance Companies Overall

1. USAA
2. American Family
3. State Farm
4. The Hartford
5. AAA Insurance
6. GEICO
7. The General
8. Progressive
9. Allstate
10. Liberty Mutual

Find affordable auto insurance rates by comparing often

In this article, we presented a lot of techniques to find cheaper Dodge Avenger insurance in Anchorage. The most important thing to understand is the more price quotes you have, the better your chances of lowering your premium rates. You may even discover the best car insurance rates are with the smaller companies.

As you quote Anchorage auto insurance, you should never skimp on coverage in order to save money. There are too many instances where an accident victim reduced liability coverage limits and found out when filing a claim that the few dollars in savings costed them thousands. Your goal should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

People leave their current company for many reasons like lack of trust in their agent, not issuing a premium refund, delays in paying claims or even policy non-renewal. Regardless of your reason for switching companies, finding the right auto insurance provider is less work than it seems.

To read more, feel free to browse the articles below:

• Learn About Car Insurance (GEICO)
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• Insurance Losses by Make and Model (iihs.org)