No car owner likes having to buy auto insurance, particularly when they could find lower prices if they just compared rates.
It’s safe to conclude that car insurance companies don’t want you to look for a cheaper policy. People who shop around for the cheapest rate will, in all likelihood, move their business because of the high probability of finding a cheaper policy. Surprisingly, a recent survey revealed that people who compared rates once a year saved approximately $3,450 over four years compared to people who never shopped around.
If finding the cheapest rates on auto insurance is your ultimate target, then knowing how to shop for insurance can make it easier to shop your coverage around.
How to find cheaper quotes for Dodge Challenger insurance in Honolulu
If your goal is the lowest price, then the best way to find low-cost auto insurance rates in Honolulu is to regularly compare price quotes from different companies in Hawaii. Prices can be compared by following these guidelines.
- First, get a basic knowledge of car insurance and the changes you can make to keep rates down. Many factors that result in higher prices such as inattentive driving and an unfavorable credit rating can be amended by making minor changes to your lifestyle. Read the full article for additional tips to prevent rate hikes and get additional discounts that may have been overlooked.
- Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only quote rates from one company like GEICO or Allstate, while independent agents can quote prices from multiple insurance companies. View rates
- Third, compare the price quotes to the premium of your current policy and determine if there is any savings. If you find a lower rate and buy the policy, ensure coverage does not lapse between policies.
- Fourth, give notification to your current company to cancel your current auto insurance policy. Submit a completed application and payment to the newly selected company. Once the application is submitted, place your new certificate verifying coverage in an accessible location in your vehicle.
An essential thing to point out is to use similar deductibles and liability limits on each quote request and and to compare as many carriers as you can. This guarantees an accurate price comparison and the best price quote selection.
You have multiple car insurance companies to buy insurance from, and even though it’s nice to have a choice, too many choices makes it more difficult to find the best rates for your vehicles.
It is always a good idea to compare rates quite often since prices change quite often. If you had the best quotes on Dodge Challenger insurance in Honolulu a couple years back a different company probably has better rates today. Forget all the misinformation about auto insurance because we’re going to show you how to use online quotes to find better rates and still maintain coverage.
Finding affordable auto insurance coverage in Honolulu is actually quite easy if you know where to start. If you have coverage now, you will most likely be able to lower your rates using the following tips. But Hawaii drivers should learn how big insurance companies calculate their prices because it varies considerably.
The quickest method we recommend to get policy rate comparisons for Dodge Challenger insurance in Honolulu is to realize auto insurance companies participate in online systems to give rate comparisons. All consumers are required to do is give them rating details such as types of safety features, whether the vehicles are used for commuting, whether you are married, and if you went to college. Your details is instantly submitted to all major companies and you receive quotes immediately.
If you would like to start a quote now, click here then complete the form.
The car insurance companies shown below provide quotes in Honolulu, HI. If multiple companies are shown, we recommend you visit several of them to get the best price comparison.
Auto insurance is an important decision
Even though Honolulu Challenger insurance rates can get expensive, auto insurance is not optional due to several reasons.
- The majority of states have minimum mandated liability insurance limits which means the state requires specific limits of liability in order to drive the car legally. In Hawaii 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.
- If your Dodge has a lienholder, it’s guaranteed your bank will make it a condition of the loan that you have physical damage coverage to ensure loan repayment if the vehicle is totaled. If the policy lapses, the lender may insure your Dodge at a significantly higher premium and make you pay for the much more expensive policy.
- Auto insurance protects both your assets and your Dodge. Insurance will pay for medical expenses that are the result of an accident. As part of your policy, liability insurance also covers legal expenses if you cause an accident and are sued. If you receive damage to your vehicle caused by a storm or accident, your auto insurance policy will cover the damage repairs after a deductible is paid.
The benefits of carrying enough insurance more than cancel out the cost, particularly when you have a large claim. Unknowingly, the average driver overpays as much as $865 each year so you should quote and compare rates every year to help ensure money is not being wasted.
Coverage analysis
The premium information below showcases different coverage prices for Dodge Challenger models. Learning how policy premiums are figured can aid in making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Challenger SE | $246 | $476 | $314 | $18 | $94 | $1,148 | $96 |
| Challenger R/T | $272 | $546 | $314 | $18 | $94 | $1,244 | $104 |
| Challenger SRT-8 | $296 | $618 | $314 | $18 | $94 | $1,340 | $112 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Price estimates do not factor in vehicle garaging location which can change insurance rates significantly.
Deductible comparison
One of the most common insurance questions is the level to set your comp and collision deductibles. The following insurance rates summarize the rate fluctuation of buying low and high insurance deductibles. The first price estimate table uses a $100 deductible and the second price chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Challenger SE | $286 | $484 | $300 | $18 | $90 | $1,203 | $100 |
| Challenger R/T | $316 | $558 | $300 | $18 | $90 | $1,307 | $109 |
| Challenger SRT-8 | $346 | $632 | $300 | $18 | $90 | $1,411 | $118 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Challenger SE | $158 | $256 | $300 | $18 | $90 | $822 | $69 |
| Challenger R/T | $176 | $294 | $300 | $18 | $90 | $878 | $73 |
| Challenger SRT-8 | $192 | $332 | $300 | $18 | $90 | $932 | $78 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Prices do not factor in zip code location which can increase or decrease premium rates substantially.
Based on these figures, using a $100 deductible will cost you approximately $36 more each month or $432 annually than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average more than 25 months between claim filings, you would probably be better off if you elect the higher deductible. Here is the way this calculation is made.
| Average monthly premium for $100 deductibles: | $109 |
| Average monthly premium for $1,000 deductibles (subtract): | – $73 |
| Monthly savings from raising deductible: | $36 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $36 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 25 months |
One big caveat is that higher deductibles means you will have to pay more of your own money at claim time. You will want to have some money saved in the event you need to pay more to get your vehicle repaired.
How careless driving impacts Honolulu insurance rates
The information below illustrates how speeding tickets and accidents impact Dodge Challenger car insurance rates for each different age group. The premium estimates are based on a married female driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.
Gender-based insurance rates in Honolulu
The illustration below illustrates the comparison of Dodge Challenger auto insurance rates for male and female drivers. The price estimates are based on a clean driving record, no claims, comprehensive and collision coverage, $500 deductibles, single marital status, and no additional discounts are factored in.
Save a ton by taking advantage of discounts
Companies that sell car insurance don’t always advertise all discounts very well, so we break down a few of the more well known as well as some of the hidden credits available to lower your premiums when you buy Honolulu car insurance online. If you’re not getting every credit possible, you could be paying more than you need to.
- Low Mileage Discounts – Driving less could qualify for lower prices due to less chance of an accident.
- Use Seat Belts – Using a seat belt and requiring all passengers to buckle up before driving could save 15% off PIP or medical payments premium.
- ABS and Traction Control Discounts – Cars and trucks that have anti-lock braking systems can stop better under adverse conditions and will save you 10% or more on Challenger insurance in Honolulu.
- Multi-line Discount – Larger insurance companies have a discounted insurance rate on car insurance if you buy a life policy as well.
- Homeowners Savings – Owning your own home or condo can help you save on insurance due to the fact that maintaining a home is proof of financial responsibility.
- Military Rewards – Being on active deployment in the military may qualify for rate reductions.
As a footnote on discounts, some of the credits will not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like liability and collision coverage. Even though the math looks like all the discounts add up to a free policy, it just doesn’t work that way. But all discounts should definitely cut the amount you have to pay.
The diagram below compares Dodge Challenger auto insurance rates with and without discounts applied. The prices are based on a female driver, no accidents, no driving violations, Hawaii state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, claim-free, multi-car, safe-driver, and marriage discounts applied.
A list of insurance companies and the discounts they provide are outlined below.
- Travelers may have discounts that include continuous insurance, payment discounts, multi-policy, student away at school, new car, multi-car, and save driver.
- 21st Century offers discounts for driver training, teen driver, early bird, air bags, and defensive driver.
- State Farm has discounts for Drive Safe & Save, passive restraint, accident-free, anti-theft, multiple autos, and good student.
- GEICO has savings for anti-theft, federal employee, anti-lock brakes, seat belt use, and military active duty.
- SAFECO offers discounts including accident prevention training, anti-lock brakes, homeowner, safe driver, and anti-theft.
- AAA may offer discounts for education and occupation, pay-in-full, good driver, multi-policy, and multi-car.
When getting free Honolulu car insurance quotes, it’s a good idea to all the companies how many discounts you can get. Some discounts listed above may not apply to policyholders in every state. If you would like to view insurance companies offering insurance discounts in Hawaii, follow this link.
Can’t I compare rates from local Honolulu car insurance agents?
Certain consumers just prefer to buy from a licensed agent and that is just fine! A nice benefit of getting online price quotes is the fact that drivers can get lower rates and still choose a local agent.
To make it easy to find an agent, after completing this simple form, the quote information is immediately sent to local insurance agents that can give you free Honolulu car insurance quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to search for an agent as quotes are delivered immediately to you. You can find better rates and work with a local agent. If you have a need to quote rates from a specific insurance company, you just need to search and find their rate quote page and fill out the quote form the provide.
Deciding on an insurer requires you to look at more than just the premium amount. These are some valid questions you should ask.
- By raising physical damage deductibles, how much would you save?
- Does the agent recommend any additional coverage?
- Do the agents have professional certifications like CPCU or CIC?
- What companies can they write with?
- Will the quote change when the policy is issued?
- Has the agent ever had any license suspensions?
- What company do they have the most business with?
- How much experience to they have in personal lines coverages?
Quote more and you will save more
We just showed you some good ideas how to save on Dodge Challenger insurance in Honolulu. It’s most important to understand that the more companies you get rates for, the higher your chance of finding affordable Dodge Challenger insurance quotes. You may even be surprised to find that the lowest priced car insurance comes from the smaller companies. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Progressive and GEICO.
When trying to cut insurance costs, never buy lower coverage limits just to save a few bucks. There are a lot of situations where someone dropped liability limits or collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy enough coverage at the best cost but still have enough coverage for asset protection.
How to save money on Dodge Challenger insurance in Honolulu
If you want to save money, the best way to quote cheaper Dodge Challenger insurance in Honolulu is to regularly compare quotes from companies in Hawaii.
- Take a few minutes and learn about how insurance companies determine prices and the measures you can take to lower rates. Many rating factors that cause rate increases such as your driving record and a poor credit rating can be remedied by making lifestyle changes or driving safer.
- Compare rates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from one company like GEICO or Allstate, while agents who are independent can quote prices for a wide range of insurance providers. Compare rates now
- Compare the new rates to your existing coverage and determine if there is any savings. If you can save some money and switch companies, verify that coverage does not lapse between policies.
- Tell your current company to cancel your current policy and submit the application along with any required down payment to the new company. When you receive it, store the certificate of insurance along with your vehicle registration.
A good tip to remember is that you’ll want to compare the same physical damage deductibles and liability limits on every quote request and and to get prices from as many different companies as possible. Doing this enables an apples-to-apples comparison and a complete rate analysis.
Even more information can be found in the articles below:
- Driving in Bad Weather (Insurance Information Institute)
- Who Has Cheap Auto Insurance Quotes for Good Drivers in Honolulu? (FAQ)
- How Much are Car Insurance Rates for a Learners Permit in Honolulu? (FAQ)
- Who Has Affordable Car Insurance for Low Mileage Drivers in Honolulu? (FAQ)
- Who Has Affordable Honolulu Car Insurance Rates for College Students? (FAQ)
- Who Has Affordable Car Insurance Quotes for a Jeep Grand Cherokee in Honolulu? (FAQ)
- Who Has Cheap Car Insurance for Good Students in Honolulu? (FAQ)
- Comprehensive Coverage (Liberty Mutual)
- Vehicle Size and Weight FAQ (iihs.org)
- Safety Tips for Teen Drivers (Insurance Information Institute)
- Bodily Injury Coverage (Liberty Mutual)