Trying to find better insurance prices for a Dodge Viper in Florida could be a lot of work, but you can learn these tips to make it easier.
There are more efficient ways to shop for auto insurance and you need to know the absolute fastest way to get price quotes for a Dodge and obtain the cheapest rates from both online companies and Tampa agents.
Unthinkable but true, most auto insurance policyholders renewed their policy with the same company for at least four years, and practically 40% of auto insurance customers have never compared rates from other carriers. Most drivers in Florida can save about 55% each year just by comparing rates, but they won’t spend time to compare rates and save money.
Informed Consumers Can Cut Their Insurance Rates
One of the most helpful ways to save on insurance is to to have a grasp of the factors that help determine your premiums. When you understand what impacts premium levels, this helps enable you to make changes that will entitle you to lower insurance prices.
Shown below are some of the major factors used by your company to calculate your premiums.
Obey driving laws and save – Attentive drivers pay lower auto insurance prices compared to drivers with tickets. Having just one speeding ticket could increase your next policy renewal to the point where it’s not affordable. Drivers who get license-revoking violations such as DUI or reckless driving may be required to complete a SR-22 with their state DMV in order to drive a vehicle legally.
The chart below demonstrates how traffic citations and at-fault claims increase Dodge Viper insurance rates for each age group. The information is based on a married male driver, full coverage, $1,000 deductibles, and no discounts are taken into consideration.
Small claims can cost you – If you are a frequent claim filer, you can definitely plan on higher premiums or even policy non-renewal. Car insurance companies in Florida generally give lower rates to insureds who are claim-free. Auto insurance is designed for claims that you cannot pay yourself.
Do you have enough liability? – A critical coverage on your policy, liability insurance kicks in when a jury decides you are liable for causing personal injury or damage in an accident. This coverage provides you with a defense in court which can cost a lot. Liability is cheap compared to other policy coverages, so drivers should carry high limits.
Is car insurance cheaper for males or females? – Over the last 30 years, statistics show that females take fewer risks when driving. However, this does not mean women are BETTER drivers than men. Men and women are responsible for at-fault accidents in similar numbers, but guys have accidents that have higher claims. Men also tend to get more serious tickets like DUI and reckless driving.
The example below illustrates the comparison of Dodge Viper insurance costs for male and female drivers. The data is based on a clean driving record, no claims, comp and collision included, $250 deductibles, drivers are not married, and no additional discounts are factored in.
High physical damage deductibles cost less – Protection for physical damage, also called ‘full coverage’, is used to repair damage to your vehicle. A few examples of covered claims could be running into the backend of another car, vandalism, and windstorm damage. Deductibles for physical damage define the amount you are willing to pay if a claim is determined to be covered. The more of the claim you choose to pay out-of-pocket, the lower your rates will be.
Insurance rates in urban areas – Having an address in smaller towns and rural areas of the country is a positive aspect when insuring your vehicles. Fewer people means reduced accidents. People who live in big cities regularly have more road rage incidents and more severe claims. More time behind the wheel means a statistically higher chance of an accident.
Insurance loss probability for a Dodge Viper – Companies analyze historical claim data when determining insurance rates. Models that have a trend towards higher claim severity or frequency will cost more to insure.
The next table shows the collected loss data for Dodge Viper vehicles. For each policy coverage, the claim probability for all vehicles, regardless of make, model or trim level, is represented as 100. Numbers that are below 100 are indicative of better than average losses, while percentage numbers above 100 indicate a higher chance of having a claim or an increased likelihood of larger losses.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Dodge Viper 2dr||147|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
The auto insurance companies shown below can provide price comparisons in Tampa, FL. To buy the best auto insurance in Tampa, we suggest you visit two to three different companies to find the lowest auto insurance rates.
Insurance analysis for a Dodge Viper
The coverage information below outlines different insurance policy prices for Dodge Viper models. Having knowledge of how insurance policy premiums are formulated can help guide drivers when making smart choices when buying a car insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Viper SRT/10 2-Dr Coupe||$446||$1038||$400||$24||$120||$2,028||$169|
|Viper SRT/10 2-Dr Roadster||$446||$1038||$400||$24||$120||$2,028||$169|
|Get Your Own Custom Quote Go|
Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rate information does not factor in specific location which can revise insurance rates noticeably.
Three reasons car insurance is important
Even though it can be expensive, maintaining insurance is required by state law in Florida and it also provides benefits you may not be aware of.
First, most states have mandatory insurance requirements which means the state requires a specific level of liability insurance if you drive a vehicle. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your Viper has a loan, more than likely the lender will make it mandatory that you have insurance to guarantee their interest in the vehicle. If the policy lapses, the lender may have to buy a policy to insure your Dodge at a significantly higher premium and force you to pay a much higher amount than you were paying before.
Third, insurance safeguards both your vehicle and your personal assets. It will also cover many types of medical costs for yourself as well as anyone injured by you. As part of your policy, liability insurance also covers legal expenses if you cause an accident and are sued. If your car is damaged in a storm or accident, comprehensive and collision coverage will pay to have it repaired.
The benefits of carrying enough insurance definitely exceed the cost, especially if you ever need it. According to a recent study, the average American driver is overpaying more than $855 a year so we recommend shopping around at every renewal to save money.
Auto insurance discounts are available for cheaper rates
Car insurance can cost a lot, but discounts can save money and there are some available that many people don’t even know exist. Some of these discounts will be visible at the time of quoting, but some need to be specifically requested before you get the savings.
- Discount for Good Grades – This discount may save as much as 25% on a Tampa auto insurance quote. The good student discount can last until age 25.
- Discounts for Federal Employees – Active or former government employment could provide a small rate reduction with select insurance companies.
- Discount for New Cars – Adding a new car to your policy may earn a small discount due to better safety requirements for newer vehicles.
- Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems could see savings as much as 30%.
- Home Ownership Discount – Being a homeowner can help you save on auto insurance because it is proof of financial responsibility.
- Military Discounts – Being on active deployment in the military could mean lower auto insurance rates.
- Drive Less and Save – Driving less could be rewarded with lower prices due to less chance of an accident.
- Professional Organizations – Belonging to qualifying employment or professional organizations could earn you a nice discount on your next auto insurance statement.
A little disclaimer on discounts, most credits do not apply to the whole policy. Some only reduce the cost of specific coverages such as comprehensive or collision. Even though it may seem like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.
The example below visualizes the comparison of Dodge Viper insurance costs with and without policy discounts. The price estimates are based on a male driver, a clean driving record, no at-fault accidents, Florida 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, multi-policy, safe-driver, multi-car, claim-free, and homeowner discounts applied.
If you would like to view auto insurance companies that offer the discounts shown above in Tampa, follow this link.
When do I need to talk to an agent?
Certain consumers prefer to visit with an insurance agent. Good agents can help you choose the best coverages and help you file claims. One of the great benefits of getting free rate quotes online is the fact that drivers can get the best rates but still work with a licensed agent. Buying from and supporting neighborhood insurance agencies is important particularly in Tampa.
Once you complete this simple form, the coverage information is emailed to local insurance agents who want to provide quotes for your business. You never need to find an agent because quoted prices will be sent immediately to your email address. If you need to quote rates from a specific insurance company, you just need to navigate to their website and fill out their quote form.
Insurance agent types
If you are wanting to purchase car insurance from a local agent, there are a couple of types of agencies and how they work. Agencies in Tampa can be described as either exclusive or independent (non-exclusive). Both types of agents can write policy coverage, but it’s worth mentioning why they differ since it could factor into buying decisions.
These type of agents are not limited to a single company so as a result can place your coverage through many different car insurance companies and find the cheapest car insurance rates. If prices rise, they simply switch companies in-house and you don’t have to find a new agent.
If you are trying to find cheaper rates, you definitely need to get insurance quotes from a few independent agents for maximum quote selection. Most also write with smaller companies that may have much lower rates than larger companies.
Shown below is a partial list of independent agents in Tampa that may be able to provide free car insurance rate quotes.
- Carron Insurance Agency, Inc
1010 W Cass St – Tampa, FL 33606 – (813) 926-0512 – View Map
- Phil Cole Whitco Insurance Agency
6601 Memorial Hwy #230 – Tampa, FL 33615 – (813) 884-7577 – View Map
- GreatFlorida Insurance – Mike Polivchak
3928 W Hillsborough Ave – Tampa, FL 33614 – (813) 870-2334 – View Map
Exclusive Insurance Agencies
Exclusive agents can only write with one company like Allstate, State Farm and Farmers Insurance. These agents are unable to provide prices from multiple companies so they are skilled at selling on more than just price. Exclusive agents are very knowledgeable on their company’s products and that can be a competitive advantage. Drivers often use the same exclusive agent partially due to the brand name rather than low price.
Shown below is a short list of exclusive agencies in Tampa that are able to give price quotes.
- State Farm: Jeff Ralph
11014 N Dale Mabry Hwy #501 – Tampa, FL 33618 – (813) 969-3331 – View Map
- Patricia Potts – State Farm Insurance Agent
4644 W Gandy Blvd #5 – Tampa, FL 33611 – (813) 286-3077 – View Map
- State Farm: Jimmy Fisher
6920 E Fowler Ave – Tampa, FL 33617 – (813) 989-2037 – View Map
Deciding on a auto insurance agent requires you to look at more than just a cheap price quote. Here are some questions you might want to ask.
- Is there a local claims center in Tampa?
- If independent agents, which companies do they recommend?
- Are there any discounts that you might be missing?
- Is there a Errors and Omissions policy in force?
- Does the agency have a good rating with the Better Business Bureau?
- Will they take your side in the event of a claim?
Once you have good answers to any questions you may have in addition to an acceptable price estimate, you’ve probably found an auto insurance agent that can properly service your car insurance policy. Just be aware that you are entitled to cancel your coverage any time you want so don’t think that you’re stuck with a specific company for a certain time period.
More effort can pay off
People leave their current company for any number of reasons including policy non-renewal, denial of a claim, poor customer service or even unfair underwriting practices. No matter why you want to switch, choosing a new company is less work than it seems.
The cheapest Dodge Viper insurance in Tampa can be sourced online and with local Tampa insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance providers may not offer online quoting and these small, regional companies work with independent insurance agencies.
In this article, we presented many ideas to get a better price on Dodge Viper insurance in Tampa. The key concept to understand is the more times you quote, the better your comparison will be. Consumers could even find that the lowest priced car insurance comes from some of the smallest insurance companies.
Steps to finding cheaper quotes for Dodge Viper insurance in Tampa
The recommended way to find the cheapest price for car insurance rates in Tampa is to begin comparing prices regularly from insurance carriers who sell auto insurance in Florida.
Step 1: Read about auto insurance and the measures you can take to prevent expensive coverage. Many rating criteria that result in higher prices such as at-fault accidents, careless driving, and a less-than-favorable credit history can be amended by making small lifestyle or driving habit changes.
Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from one company like Progressive or Farmers Insurance, while independent agents can quote rates for many different companies.
Step 3: Compare the new quotes to your existing coverage to see if a cheaper price is available. If you find a lower rate quote and make a switch, verify that coverage does not lapse between policies.
Step 4: Provide proper notification to your current company to cancel the current policy. Submit a completed application and payment to your new insurance company. As soon as coverage is bound, place the new proof of insurance paperwork in an accessible location in your vehicle.
A good piece of advice is that you use the same coverage limits and deductibles on each quote and and to analyze as many different companies as possible. Doing this enables an accurate price comparison and a thorough price selection.
To learn more, feel free to visit the resources below:
- Steps to Take After an Auto Accident (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance Quotes for Low Mileage Drivers in Tampa? (FAQ)
- Who Has Cheap Auto Insurance Rates for Hybrid Vehicles in Tampa? (FAQ)
- Who Has the Cheapest Tampa Auto Insurance for College Graduates? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Teenage Females in Tampa? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Honda CR-V in Tampa? (FAQ)
- Who Has Affordable Car Insurance for Drivers Requiring a SR22 in Tampa? (FAQ)
- Who Has Cheap Car Insurance for College Students in Tampa? (FAQ)
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Teen Driving and Texting (State Farm)
- Booster Seat Ratings (iihs.org)