If your goal is the lowest price, then the best way to get more affordable Dodge Charger insurance is to regularly compare quotes from providers who can sell car insurance in Detroit.
- Take a few minutes and learn about what coverages are included in your policy and the changes you can make to prevent expensive coverage. Many risk factors that drive up the price like accidents, careless driving, and an unfavorable credit rating can be amended by being financially responsible and driving safely. This article provides additional ideas to get affordable coverage and get discounts that may be available to you.
- Request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give rate quotes from one company like Progressive or Allstate, while independent agents can provide prices for a wide range of companies.
- Compare the new rates to your existing coverage to determine if you can save on Charger insurance in Detroit. If you find better rates and decide to switch, make sure there is no coverage gap between policies.
The most important part of shopping around is to use similar limits and deductibles on each price quote and and to get prices from as many different companies as possible. Doing this ensures an apples-to-apples comparison and the best price quote selection.
It’s hard to believe, but a large majority of drivers have remained with the same insurance company for at least four years, and almost half have never quoted rates to find cheap coverage. Michigan drivers could save $3,836 every year just by comparing rates, but they just don’t want to shop their coverage around.
If you have coverage now, you should be able to shop for the lowest rates using the ideas covered in this article. Buying the cheapest auto insurance in Detroit is really quite simple as long as you have a good starting point. But Michigan car owners do need to know how the larger insurance companies sell insurance online and apply this information to your search.
When shopping for the cheapest Dodge Charger rate quotes, there are a couple of ways of comparing rates from local Detroit auto insurance companies. The simplest method to compare rates is to get quotes online.
It’s so simple to compare auto insurance quotes online replaces the need to drive to all the different Detroit insurance agencies. Comparing Dodge Charger insurance rates online eliminates this option unless you’re the type of person who wants the trained advice that only an agent can give. If you prefer, some companies allow you to compare the best prices online but still have the advice of a local agent.
When quoting auto insurance, remember that comparing more prices increases your odds of finding the best price.
The companies shown below have been selected to offer free quotes in Detroit, MI. To get the best cheap auto insurance in Detroit, we recommend you click on several of them to get the best price comparison.
Best reasons to buy auto insurance in Michigan
Despite the fact that auto insurance is not cheap in Detroit, buying auto insurance is required in Michigan but it also protects you in many ways.
First, most states have minimum liability requirements which means the state requires specific minimum amounts of liability insurance coverage in order to drive the car legally. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you bought your Dodge Charger with a loan, it’s most likely the lender will make it a condition of the loan that you carry insurance to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the bank will be required to insure your Dodge at an extremely high rate and force you to pay much more than you were paying before.
Third, auto insurance protects not only your vehicle but also your financial assets. It will also pay for medical transport and hospital expenses for not only you but also any passengers injured in an accident. As part of your policy, liability insurance will also pay attorney fees in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of insuring your car definitely exceed the cost, especially with large liability claims. In a recent study of 1,000 drivers, the average customer overpays more than $850 per year so it’s very important to do a rate comparison at least once a year to help ensure money is not being wasted.
Coverage statistics and figures
The premium information shown next outlines different insurance costs for Dodge Charger models. Being aware of how prices are calculated is important for making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Charger 3.5 | $320 | $554 | $812 | $48 | $242 | $1,976 | $165 |
| Charger | $320 | $554 | $812 | $48 | $242 | $1,976 | $165 |
| Charger AWD | $320 | $554 | $812 | $48 | $242 | $1,976 | $165 |
| Charger 3.5 AWD | $320 | $554 | $812 | $48 | $242 | $1,976 | $165 |
| Charger SXT | $320 | $554 | $812 | $48 | $242 | $1,976 | $165 |
| Charger SXT AWD | $320 | $554 | $812 | $48 | $242 | $1,976 | $165 |
| Charger Rallye | $320 | $554 | $812 | $48 | $242 | $1,976 | $165 |
| Charger R/T | $320 | $636 | $812 | $48 | $242 | $2,058 | $172 |
| Charger Rallye AWD | $320 | $636 | $812 | $48 | $242 | $2,058 | $172 |
| Charger R/T AWD | $352 | $636 | $812 | $48 | $242 | $2,090 | $174 |
| Charger SRT-8 | $352 | $636 | $812 | $48 | $242 | $2,090 | $174 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Michigan minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Rate quotes do not factor in your specific Detroit location which can affect coverage prices substantially.
Physical damage deductible comparison
A question often asked by Detroit drivers is which deductibles should you choose. The rates below can help illustrate the differences in price between high and low physical damage coverage deductibles. The first set of rates uses a $100 physical damage coverage deductible and the second data table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Charger 3.5 | $748 | $1264 | $864 | $52 | $258 | $3,211 | $268 |
| Charger | $748 | $1264 | $864 | $52 | $258 | $3,211 | $268 |
| Charger AWD | $748 | $1264 | $864 | $52 | $258 | $3,211 | $268 |
| Charger 3.5 AWD | $748 | $1264 | $864 | $52 | $258 | $3,211 | $268 |
| Charger SXT | $748 | $1264 | $864 | $52 | $258 | $3,211 | $268 |
| Charger SXT AWD | $748 | $1264 | $864 | $52 | $258 | $3,211 | $268 |
| Charger Rallye | $748 | $1264 | $864 | $52 | $258 | $3,211 | $268 |
| Charger R/T | $748 | $1456 | $864 | $52 | $258 | $3,403 | $284 |
| Charger Rallye AWD | $748 | $1456 | $864 | $52 | $258 | $3,403 | $284 |
| Charger R/T AWD | $824 | $1456 | $864 | $52 | $258 | $3,479 | $290 |
| Charger SRT-8 | $824 | $1456 | $864 | $52 | $258 | $3,479 | $290 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Charger 3.5 | $546 | $854 | $864 | $52 | $258 | $2,574 | $215 |
| Charger | $546 | $854 | $864 | $52 | $258 | $2,574 | $215 |
| Charger AWD | $546 | $854 | $864 | $52 | $258 | $2,574 | $215 |
| Charger 3.5 AWD | $546 | $854 | $864 | $52 | $258 | $2,574 | $215 |
| Charger SXT | $546 | $854 | $864 | $52 | $258 | $2,574 | $215 |
| Charger SXT AWD | $546 | $854 | $864 | $52 | $258 | $2,574 | $215 |
| Charger Rallye | $546 | $854 | $864 | $52 | $258 | $2,574 | $215 |
| Charger R/T | $546 | $984 | $864 | $52 | $258 | $2,704 | $225 |
| Charger Rallye AWD | $546 | $984 | $864 | $52 | $258 | $2,704 | $225 |
| Charger R/T AWD | $602 | $984 | $864 | $52 | $258 | $2,760 | $230 |
| Charger SRT-8 | $602 | $984 | $864 | $52 | $258 | $2,760 | $230 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Rate information does not factor in garaging location in Detroit which can decrease or increase insurance rates substantially.
Based on the above data, using a $100 deductible would cost the average driver about $55 more each month or $660 every year across all Dodge Charger models than selecting the higher $500 deductible. Due to the fact that you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at least 7 months between claim filings, you would come out ahead if you decide on a higher deductible.
Calculation for raising deductibles
| Average monthly premium for $100 deductibles: | $275 |
| Average monthly premium for $500 deductibles (subtract): | – $220 |
| Monthly savings from raising deductible: | $55 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $55 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 7 months |
Dodge Charger insurance premiums by gender and age
The example below illustrates the comparison of Dodge Charger insurance prices for male and female drivers. The premiums are based on a clean driving record, no at-fault accidents, comp and collision included, $100 deductibles, single marital status, and no discounts are applied to the premium.
Cost difference between full coverage and liability
The illustration below visualizes the comparison of Dodge Charger yearly insurance costs with full physical damage coverage compared to only buying liability only. The information is based on no claims or violations, $100 deductibles, single marital status, and no discounts are applied to the premium.
When to stop paying for full coverage
There is no definitive guideline to stop buying full coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of any settlement you would receive from your insurance company, then it could be time to drop full coverage.
For example, let’s assume your Dodge Charger claim settlement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $2,000 after paying the physical damage deductible. If it’s costing you more than $200 annually for full coverage, then it might be time to buy liability only.
There are some situations where removing full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not consider dropping full coverage.
Save with these money saving discounts
The cost of insuring your cars can be expensive, but you might be missing out on some discounts that you may not even be aware of. A few discounts will automatically apply at quote time, but lesser-known reductions have to be asked about before they will apply.
- Discount for Swiching Early – Some insurance companies reward drivers for buying a new policy prior to your current Charger insurance policy expiration. You could save around 10% when you buy Detroit auto insurance online.
- ABS Brakes – Cars, trucks, and SUVs with ABS and/or traction control can stop better under adverse conditions and earn discounts up to 10%.
- Theft Deterrent – Cars with anti-theft systems have a lower chance of being stolen and therefore earn up to a 10% discount.
- Waiver for an Accident – This one is not really a discount per se, but certain companies permit an accident without getting socked with a rate hike if your claims history is clear prior to being involved in the accident.
- Policy Bundle Discount – If you can combine your auto and home policy with the same insurance company you will save up to 20% off your total Charger insurance premium.
- Resident Student – Youth drivers who are attending college and won’t have access to an insured vehicle can receive lower rates.
As a footnote on discounts, many deductions do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like liability and collision coverage. So even though you would think adding up those discounts means a free policy, that’s just not realistic.
The chart below compares Dodge Charger car insurance costs with and without discounts. The price estimates are based on a female driver, no accidents or driving violations, Michigan state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, homeowner, marriage, claim-free, and multi-policy discounts applied.
A few popular companies and some of the premium reductions they offer can be read below.
- State Farm may include discounts for multiple autos, accident-free, defensive driving training, safe vehicle, and student away at school.
- American Family has savings for good driver, TimeAway discount, air bags, multi-vehicle, early bird, good student, and mySafetyValet.
- AAA offers discounts including good driver, education and occupation, multi-policy, pay-in-full, multi-car, AAA membership discount, and good student.
- GEICO includes discounts for anti-lock brakes, defensive driver, membership and employees, federal employee, and five-year accident-free.
- Mercury Insurance offers discounts for anti-theft, good driver, annual mileage, good student, multi-car, and age of vehicle.
- Farmers Insurance offers premium reductions for pay in full, youthful driver, teen driver, distant student, business and professional, homeowner, and electronic funds transfer.
- Progressive discounts include online signing, continuous coverage, homeowner, multi-vehicle, and online quote discount.
Before you buy a policy, ask every prospective company to give you their best rates. Some of the earlier mentioned discounts may not apply in Detroit. If you would like to choose from a list of auto insurance companies that provide some of the discounts listed above in Detroit, follow this link.
When should I talk to an insurance agency?
A lot of people still prefer to buy from a local agent and that is just fine! A nice benefit of comparing auto insurance online is you can get cheap auto insurance quotes and still have an agent to talk to. Buying from and supporting local agents is still important in Detroit.
To find an agent, once you fill out this simple form, your information is transmitted to agents in your area who want to provide quotes for your business. It simplifies rate comparisons since you won’t have to find an agent on your own as quotes are delivered instantly to you. Get lower rates without requiring a lot of work. If for some reason you want to compare rates from a particular provider, you just need to visit that company’s website and fill out their quote form.
When narrowing the list to find an insurance agent, you need to know there are two different agency structures that you can select. Auto insurance agents are classified as either independent (non-exclusive) or exclusive.
Independent Auto Insurance Agents
Independent insurance agents are not restricted to one company and that enables them to quote your coverage through many different auto insurance companies and find the cheapest auto insurance rates. If you are not satisfied with one company, an independent agent can move your coverage and you don’t have to find a new agent.
If you need cheaper auto insurance rates, we highly recommend that you include price quotes from several independent insurance agents for the best price selection.
Featured below is a small list of independent insurance agents in Detroit that may be able to provide free price quotes.
Cagwin Insurance Agency
3031 W Grand Blvd #320 – Detroit, MI 48202 – (313) 875-9147 – View Map
Advasure Insurance
13600 W 8 Mile Rd C – Detroit, MI 48205 – (313) 521-0300 – View Map
J Healan Baker Insurance
645 Griswold St # 2015 – Detroit, MI 48226 – (313) 963-0480 – View Map
Exclusive Auto Insurance Agencies
These type of agents normally can only provide a single company’s rates and some examples include State Farm, AAA, Farmers Insurance or Allstate. Exclusive agents cannot compare rates from other companies so they have no alternatives for high prices. Exclusive agents are well schooled on their company’s products and that can be a competitive advantage.
Listed below are Detroit exclusive insurance agencies that can give you rate quotes.
John Cash – State Farm Insurance Agent
19203 Grand River Ave – Detroit, MI 48223 – (313) 537-1200 – View Map
State Farm – Eric Huffman
3031 W Grand Blvd #568 – Detroit, MI 48202 – (313) 875-3172 – View Map
Charlotte Knight – State Farm Insurance Agent
7100 W Seven Mile Rd – Detroit, MI 48221 – (313) 340-9000 – View Map
Finding the right insurance agent shouldn’t rely on just a cheap price. These are valid questions to ask:
- Do they make recommendations based only on price?
- Is the agency active in community causes in Detroit?
- Does the company allow you to choose your own collision repair facility?
- Did they already check your driving record and credit reports?
- Does the company have a solid financial rating?
Special considerations
When choosing adequate coverage, there really isn’t a one size fits all plan. Your financial needs are unique so your insurance should reflect that
These are some specific questions might point out if your insurance needs might need professional guidance.
- Do I need higher collision deductibles?
- Is business property covered if stolen from my car?
- Do I need an umbrella policy?
- Does my liability insurance cover pulling a trailer or camper?
- Why does it cost so much to insure a teen driver in Detroit?
- What is the difference between comprehensive and collision coverage?
If you’re not sure about those questions, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier
Quote more to save more
Budget-friendly car insurance in Detroit can be purchased from both online companies as well as from independent agents in Detroit, and you should be comparing both in order to have the best chance of saving money. A few companies do not provide price quotes online and usually these smaller companies sell through local independent agents.
When trying to cut insurance costs, it’s a bad idea to reduce needed coverages to save money. In too many instances, an accident victim reduced comprehensive coverage or liability limits and learned later that it was a big error on their part. The aim is to find the BEST coverage at the best price, not the least amount of coverage.
To read more, link through to the articles below:
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
- Who Has Cheap Detroit Car Insurance Rates for Single Moms? (FAQ)
- Who Has Cheap Car Insurance Rates for a Subaru Forester in Detroit? (FAQ)
- How Much is Auto Insurance for Teachers in Detroit? (FAQ)
- How Much are Auto Insurance Rates for a School Permit in Detroit? (FAQ)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Things to Know Before you Cancel Insurance (Allstate)