2011 Dodge Challenger Insurance Rates

Average insurance rates for a 2011 Dodge Challenger are $1,364 a year for full coverage insurance. Comprehensive insurance costs around $260, collision insurance costs $400, and liability insurance costs around $524. Buying a liability-only policy costs as low as $580 a year, and high-risk insurance costs $2,940 or more. Teen drivers receive the highest rates at up to $5,282 a year.

Annual premium for full coverage: $1,364

Rate estimates for 2011 Dodge Challenger Insurance

Rate data is compiled from all 50 U.S. states and averaged for all 2011 Dodge Challenger models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

View Chart as Image

These differences illustrate why everyone should compare prices for a specific zip code and risk profile, rather than relying on price averages.

Use the form below to get rates for your location.

Expensive car insurance can empty your bank account and put the squeeze on your family’s finances. Shopping your coverage around is free, only takes a few minutes, and is a good way to lower your monthly bill.

Because you have many choices, it’s nearly impossible to pick the best insurance company.

It’s a good idea to price shop coverage periodically since rates tend to go up over time. Just because you had the best deal on Challenger coverage six months ago you may be paying too much now. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to the quickest way to find great coverage at a great price.

How to Compare Insurance Coverage

Shopping for lower insurance coverage rates can take hours if you don’t utilize the most efficient way to do it. You can spend your afternoon talking about coverages with agents in your area, or you can stay home and use the internet to maximize your effort.

Most of the larger companies participate in an industry program where insurance shoppers enter their coverage request one time, and at least one company returns a rated price determined by their information. This system prevents you from having to do quote requests to every company.

To find out what other companies charge for 2011 Dodge Challenger insurance click here to start a free quote.

The only downside to using this type of system is you are unable to specify the providers to get quotes from. So if you want to choose specific providers to compare rates, we have assembled a list of insurance coverage companies in your area. Click here to view list.

It’s up to you which method you use, but ensure you are comparing identical coverage limits on every quote. If the quotes have different deductibles you can’t possibly determine the best price for your Dodge Challenger. Slightly different coverage limits may result in large price differences. And when price shopping your coverage, having more price comparisons provides better odds of finding a lower rate.

These discounts can lower your rates

Auto insurance companies don’t necessarily list every discount very clearly, so here is a list both well-publicized as well as the least known discounts you could be receiving.

• Student in College – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
• Multiple Vehicles – Insuring multiple vehicles on the same insurance coverage policy could earn a price break for each car.
• Seat Belts Save – Requiring all passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
• Drive Safe and Save – Insureds without accidents can get discounts for up to 45% lower rates on Challenger coverage than their less cautious counterparts.
• Safety Course Discount – Taking part in a defensive driving course can save you 5% or more if your company offers it.
• Passive Restraints – Cars that have air bags or motorized seat belts may earn rate discounts of 20% or more.
• Accident Forgiveness – A few companies will forgive one accident without raising rates so long as you haven’t had any claims for a particular time prior to the accident.
• Good Students Pay Less – This discount can save 20 to 25%. Earning this discount can benefit you up to age 25.
• Discount for New Cars – Adding a new car to your policy can be considerably cheaper because new vehicles have to meet stringent safety requirements.
• Military Discounts – Having a family member in the military could mean lower rates.

Keep in mind that most credits do not apply to all coverage premiums. Some only reduce specific coverage prices like liability and collision coverage. So even though they make it sound like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

Insurance companies that may offer these discounts include:

• Travelers
• 21st Century
• State Farm
• GEICO
• SAFECO
• AAA

Check with each company how you can save money. Discounts may not be available everywhere.

Dodge Challenger insurance rates can be determined by these details

An important part of buying insurance is that you know the factors that help determine the rates you pay for car insurance. Knowing what controls the rates you pay enables informed choices that could result in better car insurance rates.

• Your age impacts your rates – Mature drivers tend to be more responsible, tend to cause fewer accidents and get fewer tickets. Teen drivers are statistically proven to be careless and easily distracted in a vehicle and because of this, their car insurance rates are much higher.
• Do you know you’re credit rating? – A driver’s credit rating is a huge factor in your rate calculation. People with high credit ratings tend to be more responsible than drivers with lower credit scores. So if your credit can use some improvement, you could be paying less to insure your 2011 Dodge Challenger by spending a little time repairing your credit.
• Your car’s features help determine rates – Driving a car with a theft deterrent system can save you a little every year. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder auto theft.
• Your car insurance rates can be influenced by your job – Did you know your job can affect your rates? Careers like judges, social workers and financial analysts tend to have higher average rates in part from job stress and long work hours. Conversely, jobs such as farmers, engineers and homemakers receive lower rates on Challenger coverage.

Different people need different coverages

When it comes to choosing coverage, there really is not a best way to insure your cars. Every insured’s situation is different so this has to be addressed. For instance, these questions could help you determine whether you would benefit from professional advice.

• Who is covered when they drive my 2011 Dodge Challenger?
• Do I need more liability coverage?
• Does coverage extend to Mexico or Canada?
• Should I have combined single limit or split liability limits?
• Is a blown tire covered by insurance?
• Does my medical payments coverage pay my health insurance deductible?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area.

Switch companies and save? Really?

Companies like 21st Century, Allstate and State Farm continually stream ads on TV and radio. All the ads make the same claim about savings after switching your policy. But how can every company make the same claim?

Insurance companies can use profiling for the type of customer that earns them a profit. For instance, a desirable insured could be a mature driver, has no prior claims, and drives less than 7,500 miles a year. A customer getting a price quote who fits that profile is entitled to the best price and as a result will probably save a lot of money.

Consumers who don’t qualify for these standards must pay more money and this can result in the customer not buying. Company advertisements say “drivers who switch” not “everybody who quotes” save that much. That is how companies can advertise the way they do. This illustrates why it is so important to compare many company’s rates. Because you never know which insurance companies will provide you with the cheapest Dodge Challenger insurance rates.

Car insurance coverage information

Knowing the specifics of a car insurance policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Shown next are typical coverages found on the average car insurance policy.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as hitting a deer, damage from getting keyed and a broken windshield. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Dodge Challenger.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for bills like ambulance fees, nursing services, hospital visits and prosthetic devices. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like rolling your car, crashing into a building, sustaining damage from a pot hole, backing into a parked car and colliding with another moving vehicle. Collision is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Liability coverages

This provides protection from damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things such as funeral expenses, medical expenses, court costs and attorney fees. How much coverage you buy is your choice, but consider buying as high a limit as you can afford.

Save for a rainy day

We covered many ideas to save on 2011 Dodge Challenger insurance. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding lower rates. You may even discover the most savings is with an unexpected company. Some small companies may have significantly lower rates on certain market segments compared to the large companies like State Farm and Allstate.

While you’re price shopping online, it’s a bad idea to skimp on coverage in order to save money. There are many occasions where an accident victim reduced full coverage only to regret at claim time they didn’t have enough coverage. Your strategy should be to find the BEST coverage at an affordable rate while still protecting your assets.

Much more information about auto insurance can be read on the following sites:

• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• Teen Driving Statistics (GEICO)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• Learn About Car Insurance (GEICO)
• Rollover Crash FAQ (iihs.org)