Cheapest Chrysler 300 Insurance in Honolulu

Insurance quote for Chrysler 300 in HonoluluTrying to find low-cost insurance for your Chrysler 300 in Hawaii can be a painful process, but you can learn a few tricks to make it easier. There are more efficient ways to find car insurance online and you need to know the absolute fastest way to compare rates for a new or used Chrysler and find the best price possible from both online companies and Honolulu agents.

Regrettably, nearly 70% of drivers have purchased from the same company for over three years, and almost half have never even shopped around for cheap coverage. The average driver in Honolulu could save $400 a year, but they mistakenly think it’s difficult to shop around.

It’s a good habit to price shop coverage once or twice a year because rates are usually higher with each renewal. Even if you got the best premium rates on Chrysler 300 insurance in Honolulu last year you can probably find a better price now. Ignore everything you know about car insurance because I’m going to let you in on the secrets to the proper way to find the best coverage while lowering your premiums.

If you’re already insured or just want a better rate, use these tips to find the best rates without sacrificing coverage. Locating cheaper coverage in Honolulu is not as confusing as people think. You just have to know the quickest way to compare rate quotes from multiple carriers.

How to find cheap Chrysler 300 insurance in Honolulu, Hawaii

Most major insurance companies such as Allstate and Progressive give coverage price quotes online. Doing online quotes for Chrysler 300 insurance in Honolulu is pretty easy as you simply enter the coverage amounts you desire as requested by the quote form. When the form is submitted, the company’s rating system obtains your driving record and credit report and quotes a price based on many factors.

The ability to get online quotes for Chrysler 300 insurance in Honolulu streamlines rate comparisons, and it’s also necessary to have as many quotes as possible if you are searching for the cheapest car insurance rates.

In order to find out what other companies charge, compare rate quotes from the providers shown below. If you have a policy now, it’s recommended you replicate the coverage information as close as possible to your current policy. This way, you will receive comparison quotes for exact coverage.

The car insurance companies shown below offer price quotes in Hawaii. If the list has multiple companies, it’s a good idea that you visit several of them to find the most affordable car insurance rates.

Chrysler 300 insurance coverage information

The premium table displayed next outlines estimates of rate quotes for Chrysler 300 models. Learning a little about how rate quotes are calculated can be of help when making informed decisions when comparing rates.

Chrysler 300 Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
300 Touring 4-Dr Sedan $222 $476 $300 $18 $90 $1,106 $92
300 Touring Plus 4-Dr Sedan $222 $476 $300 $18 $90 $1,106 $92
300 Touring AWD 4-Dr $222 $476 $300 $18 $90 $1,106 $92
300 S V6 4-Dr Sedan $222 $476 $300 $18 $90 $1,106 $92
300 Touring Signature 4-Dr Sedan $222 $476 $300 $18 $90 $1,106 $92
300 Touring Executive 4-Dr Sedan $222 $476 $300 $18 $90 $1,106 $92
300 Touring Signature AWD 4-Dr $246 $546 $300 $18 $90 $1,200 $100
300 Limited 4-Dr Sedan $246 $546 $300 $18 $90 $1,200 $100
300 C 4-Dr Sedan $246 $546 $300 $18 $90 $1,200 $100
300 S V8 4-Dr Sedan $246 $546 $300 $18 $90 $1,200 $100
300 Limited AWD 4-Dr $246 $546 $300 $18 $90 $1,200 $100
300 C AWD 4-Dr $246 $546 $300 $18 $90 $1,200 $100
300 SRT-8 4-Dr Sedan $246 $546 $300 $18 $90 $1,200 $100
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Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Price estimates do not factor in zip code location which can lower or raise price quotes noticeably.

Comparison of policy deductibles

When shopping for auto insurance, a common question is at what level do you set your deductibles. The rates below illustrate the rate fluctuation when you buy lower versus higher physical damage coverage deductibles. The first table uses a $100 deductible for comprehensive and collision coverage and the second price table uses a $1,000 deductible.

Chrysler 300 insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
300 Touring 4-Dr Sedan $258 $484 $264 $16 $80 $1,127 $94
300 Touring Plus 4-Dr Sedan $258 $484 $264 $16 $80 $1,127 $94
300 Touring AWD 4-Dr $258 $484 $264 $16 $80 $1,127 $94
300 S V6 4-Dr Sedan $258 $484 $264 $16 $80 $1,127 $94
300 Touring Signature 4-Dr Sedan $258 $484 $264 $16 $80 $1,127 $94
300 Touring Executive 4-Dr Sedan $258 $484 $264 $16 $80 $1,127 $94
300 Touring Signature AWD 4-Dr $286 $558 $264 $16 $80 $1,229 $102
300 Limited 4-Dr Sedan $286 $558 $264 $16 $80 $1,229 $102
300 C 4-Dr Sedan $286 $558 $264 $16 $80 $1,229 $102
300 S V8 4-Dr Sedan $286 $558 $264 $16 $80 $1,229 $102
300 Limited AWD 4-Dr $286 $558 $264 $16 $80 $1,229 $102
300 C AWD 4-Dr $286 $558 $264 $16 $80 $1,229 $102
300 SRT-8 4-Dr Sedan $286 $558 $264 $16 $80 $1,229 $102
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Chrysler 300 insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
300 Touring 4-Dr Sedan $142 $256 $264 $16 $80 $758 $63
300 Touring Plus 4-Dr Sedan $142 $256 $264 $16 $80 $758 $63
300 Touring AWD 4-Dr $142 $256 $264 $16 $80 $758 $63
300 S V6 4-Dr Sedan $142 $256 $264 $16 $80 $758 $63
300 Touring Signature 4-Dr Sedan $142 $256 $264 $16 $80 $758 $63
300 Touring Executive 4-Dr Sedan $142 $256 $264 $16 $80 $758 $63
300 Touring Signature AWD 4-Dr $158 $294 $264 $16 $80 $812 $68
300 Limited 4-Dr Sedan $158 $294 $264 $16 $80 $812 $68
300 C 4-Dr Sedan $158 $294 $264 $16 $80 $812 $68
300 S V8 4-Dr Sedan $158 $294 $264 $16 $80 $812 $68
300 Limited AWD 4-Dr $158 $294 $264 $16 $80 $812 $68
300 C AWD 4-Dr $158 $294 $264 $16 $80 $812 $68
300 SRT-8 4-Dr Sedan $158 $294 $264 $16 $80 $812 $68
Get Your Own Custom Quote Go

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Table data does not factor in specific zip code location which can decrease or increase coverage prices substantially.

We can estimate from the data above that using a $100 deductible will cost you about $32 more each month or $384 each year across all Chrysler 300 models than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have at a minimum 28 months between claim filings, you would come out ahead by going with a higher deductible.

How to decide to raise your deductibles

Average monthly premium for $100 deductibles: $98
Average monthly premium for $1,000 deductibles (subtract): – $66
Monthly savings from raising deductible: $32
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $32
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 28 months

One thing to note is that higher deductibles results in more money out-of-pocket when you have to file a claim. You should have some non-essential savings in the event you have to pay more to get your vehicle repaired.

Should you buy full coverage?

The example below compares Chrysler 300 insurance premiums when comparing full coverage to state minimum liability only. The costs are based on no claims or violations, $250 deductibles, drivers are not married, and no discounts are applied.

Guidelines for dropping full coverage

There isn’t a steadfast formula to delete physical damage coverage, but there is a guideline you can consider. If the yearly cost of full coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.

For example, let’s say your Chrysler 300 claim settlement value is $4,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, you would only receive $3,000 after paying the physical damage deductible. If it’s costing in excess of $300 a year for comprehensive and collision coverage, then you might consider buying liability only.

There are a few cases where eliminating full coverage is not a good plan. If you haven’t paid off your loan, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should keep full coverage.

Why do I need car insurance?

Despite the potentially high cost of Chrysler 300 insurance, buying auto insurance is not optional due to several reasons.

The benefits of buying auto insurance are definitely more than the cost, especially with large liability claims. In a recent study of 1,000 drivers, the average customer is wasting up to $850 per year so compare rates at least once a year to ensure rates are inline.

Smart Buyers Know How to Buy Car Insurance More Affordably

Lots of factors are taken into consideration when you get a price on insurance. Some factors are common sense such as your driving history, but other criteria are not quite as obvious such as your marital status and annual miles driven.

The itemized list below are a partial list of the pieces used by insurance companies to determine your premiums.

Which gender costs less? – Over time, data shows that females take fewer risks when driving. The data does not necessarily mean that men are worse drivers. Both genders tend to get into fender benders in similar numbers, but the males tend to have more serious accidents. Men also statistically get higher numbers of serious violations like DWI (DUI) or reckless driving.

The diagram below visualizes the comparison of Chrysler 300 insurance prices for male and female drivers. The information is based on no violations or accidents, full coverage, $250 deductibles, drivers are not married, and no other discounts are factored in.

Rural areas have lower premiums – Residing in smaller towns and rural areas of the country has definite advantages if you are looking for the lowest rates. People who live in big cities have to deal with more auto accidents and more time behind the wheel. Lower population translates into fewer accident claims.

Limits of liability – Your car insurance policy’s liability coverage is the coverage that protects you if you are determined to be liable for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court to attempt to prove you were not liable. This coverage is relatively inexpensive as compared to coverage for physical damage, so do not skimp.

Alarms and GPS tracking lower car insurance rates – Choosing to buy a car with a theft deterrent system can get you a discount on your car insurance. Systems that thwart thieves like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping car theft and help bring rates down.

Proper usage rating affects rates – The more miles you rack up on your Chrysler in a year’s time the more you’ll pay to insure it. Most insurance companies apply a rate partially by how you use the vehicle. Cars and trucks used primarily for pleasure use receive lower rates than those used for commuting. Having an incorrect usage rating on your 300 is just wasting money. It’s a smart idea to ensure your car insurance declarations sheet properly reflects the correct usage, because improper ratings can cost you money.

Lower performance equals lower insurance premiums – The performance of the car you drive makes a substantial difference in your premium level. Lower performance four cylinder passenger cars usually have the lowest rates, but the final cost of insurance is determined by many other factors.

The next chart uses these assumptions: single male driver age 40, full coverage with $1000 deductibles, and no discounts or violations. It compares Chrysler 300 car insurance rates compared to other models of vehicles that have a range of performance risks.

More policies can equal more savings – Most larger car insurance companies will give a discount to insureds that purchase more than one policy in the form of a multi-policy discount. Even with this discount, you still need to comparison shop to help ensure you have the lowest rates.There is a chance you can save money by splitting coverages up.

Chrysler 300 statistical loss data – Companies study historical loss data when they set coverage costs for each model. Models that the statistics show to have higher loss trends will cost more to insure. The table below demonstrates the historical insurance loss data for Chrysler 300 vehicles.

For each coverage type, the claim probability for all vehicles combined as an average is represented as 100. Percentage values below 100 suggest a better than average loss history, while values that are 100 or greater indicate higher probability of having a loss or a tendency for losses to be larger than average.

Chrysler 300 Insurance Claim Statistics
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Chrysler 300 2WD 115 103 178 134 136 114
Chrysler 300 4WD 109 100 206 113 96 104
Chrysler 300 HEMI 125 96 225 105 114 117

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Honolulu auto insurance companies

Selecting a good quality insurer is hard considering how many companies are available to choose from in Honolulu. The information in the lists below may help you select which coverage providers you want to consider when comparing rates.

Top 10 Honolulu Car Insurance Companies Ranked by Customer Service

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

Top 10 Honolulu Car Insurance Companies Ranked by Customer Satisfaction

  1. USAA – 94%
  2. AAA Insurance – 91%
  3. State Farm – 90%
  4. Nationwide – 90%
  5. The Hartford – 89%
  6. GEICO – 89%
  7. Liberty Mutual – 88%
  8. Allstate – 88%
  9. Esurance – 87%
  10. Progressive – 87%

Don’t give up on affordable rates

We just covered quite a bit of information on how to get a better price on Chrysler 300 insurance in Honolulu. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the best rates are with a small local company.

When searching for affordable Chrysler 300 insurance quotes, it’s a bad idea to buy lower coverage limits just to save a few bucks. There have been many situations where consumers will sacrifice collision coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to get the best coverage possible at the lowest possible cost.

Cheaper Chrysler 300 insurance in Honolulu is attainable both online and with local Honolulu insurance agents, so you should compare both to have the best rate selection. Some companies may not offer the ability to get a quote online and most of the time these smaller companies only sell through independent agents.

Steps to finding low-cost rates for Chrysler 300 insurance in Honolulu

If saving money is your primary concern, then the best way to find low-cost Chrysler 300 insurance is to make a habit of regularly comparing prices from different companies who can sell car insurance in Honolulu.

  1. Get a basic knowledge of how your policy works and the things you can change to keep rates in check. Many rating factors that are responsible for high rates such as inattentive driving and your credit history can be eliminated by being financially responsible and driving safely.
  2. Compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only quote rates from one company like Progressive or State Farm, while independent agents can quote prices for a wide range of companies.
  3. Compare the new quotes to the premium of your current policy to see if switching to a new carrier will save money. If you find a better price and change companies, make sure coverage does not lapse between policies.
  4. Tell your current agent or company of your intent to cancel your current coverage and submit a down payment along with a completed application to your new insurance company. As soon as coverage is bound, put the certificate of insurance in your glove compartment.

A good tip to remember is that you’ll want to compare the same deductibles and limits on each price quote and and to compare as many auto insurance providers as possible. This ensures the most accurate price comparison and a complete price analysis.

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