2008 Dodge Magnum Car Insurance Rates – 7 Policy Discounts

Trying to find lower auto insurance rates for your Dodge Magnum? Have you fallen victim to high-priced auto insurance? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out. Many auto insurance companies vie to insure your vehicles, and because of this it can be hard to compare auto insurance companies and get the definite best rates possible.

Comprehensive Auto Insurance Comparison

Reducing your 2008 Dodge Magnum insurance rates is not a difficult process. The only thing you need to do is take a couple of minutes comparing rates online with multiple companies. This can be accomplished using a couple different methods.

  • The best way consumers can analyze rates is an all-inclusive rate comparison click here to open form in new window. This easy form saves time by eliminating repetitive form submissions for each company. One form gets rate comparisons direct from many companies.
  • A more difficult way to obtain and compare quotes online consists of visiting each company’s website to request a price quote. For sake of this example, let’s say you want comparison quotes from USAA, Liberty Mutual and Travelers. To get each rate you have to go to every website to enter your coverage information, and that’s why the first method is more popular.

    For a list of links to insurance companies in your area, click here.

It doesn’t matter which method you choose, just make absolute certain that you use the exact same coverage limits for each price quote. If your comparisons have different deductibles then you won’t be able to make a fair comparison for your Dodge Magnum.

These seven discounts can lower your rates

Companies that sell car insurance don’t always advertise every available discount in a way that’s easy to find, so we break down some of the more common and the more hidden discounts you could be receiving. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Payment Discounts – By paying your policy upfront rather than paying monthly you could save 5% or more.
  • Anti-theft System – Vehicles with anti-theft systems can help prevent theft and will save you 10% or more.
  • Paperwork-free – A few companies will discount your bill up to fifty bucks for buying a policy and signing up on their website.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes prevent accidents and qualify for as much as a 10% discount.
  • New Vehicle Savings – Insuring a new car can save up to 30% compared to insuring an older model.
  • Safe Driver Discount – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Magnum insurance than drivers with accident claims.
  • Government Employees – Active or retired federal employment can save as much as 8% on Magnum insurance with certain companies.

As a disclaimer on discounts, most credits do not apply the the whole policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. Even though it may seem like you could get a free auto insurance policy, you’re out of luck.

For a list of insurers with the best auto insurance discounts, click here.

Different people need different coverages

When it comes to choosing the best car insurance coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s situation is unique so your insurance should reflect that These are some specific questions may help you determine whether your personal situation could use an agent’s help.

  • Does my medical payments coverage pay my health insurance deductible?
  • I have a DUI can I still get coverage?
  • Does medical payments coverage apply to all occupants?
  • When do I need to add a new car to my policy?
  • Will filing a claim cost me more?
  • Do I need replacement cost coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • Are rock chip repairs covered?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.

Auto insurance coverages explained

Having a good grasp of auto insurance aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find typical coverage types found on most auto insurance policies.

Uninsured and underinsured coverage – This coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Dodge Magnum.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Liability – This will cover damage that occurs to other’s property or people in an accident. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things like attorney fees, repair bills for other people’s vehicles and emergency aid. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as pain medications, nursing services and doctor visits. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers both the driver and occupants as well as being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay

Comprehensive coverages – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like rock chips in glass, fire damage, falling objects and damage from getting keyed. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision – This coverage will pay to fix damage to your Magnum resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like sustaining damage from a pot hole, colliding with another moving vehicle, colliding with a tree, hitting a parking meter and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Quote more, save more

As you restructure your insurance plan, it’s a bad idea to reduce coverage to reduce premium. In too many instances, consumers will sacrifice full coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy a smart amount of coverage at a price you can afford while still protecting your assets.

Lower-priced 2008 Dodge Magnum insurance is available on the web and also from your neighborhood agents, so you should compare both so you have a total pricing picture. Some auto insurance companies may not provide online quoting and many times these smaller companies only sell through independent insurance agents.

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