Chrysler 300 insurance policy image courtesy of QuoteInspector.com
Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Don't feel bad because you're not the only one.
It's well known that auto insurance companies want to keep you from comparing prices. Insureds who shop around for better prices are inclined to move their business because of the good chance of finding a lower-priced company. A recent auto insurance study revealed that consumers who compared rates once a year saved over $3,500 over four years compared to policyholders who never shopped for cheaper rates.
If finding the best price on insurance is your target objective, then understanding how to shop for coverage rates can make the process less intimidating.
Numerous insurance companies battle for your hard-earned dollar, and because of this it can be hard to compare insurance companies and get the definite best rate on Chrysler 300 insurance in Philadelphia.
Consumers should take time to compare prices every six months because auto insurance prices are adjusted regularly by insurance companies. Even if you think you had the best deal on Chrysler 300 insurance in Philadelphia a couple years back you can probably find a lower rate today. Forget all the misinformation about auto insurance because you're about to find out the fastest and easiest way to buy cheaper Chrysler 300 insurance in Philadelphia.
How to shop Chrysler 300 insurance online
Many insurance companies give pricing from their websites. Getting online quotes for Chrysler 300 insurance in Philadelphia is fairly simple as you just type in the coverage amounts you desire into the quote form. Upon sending the form, their rating system pulls your driving and credit reports and returns pricing information determined by many factors. Being able to quote online for Chrysler 300 insurance in Philadelphia makes it a lot easier to compare rates and it's necessary to get many rate quotes if you want to get cheaper auto insurance pricing.
If you want to fill out one form to compare multiple rates now, compare rates from the companies below. If you have a policy now, it's recommended you type in deductibles and limits exactly as they are listed on your policy. Doing this guarantees you will have a fair comparison using the exact same coverages.
The following companies are ready to provide price comparisons in Pennsylvania. If the list has multiple companies, we recommend you visit two to three different companies in order to get a fair rate comparison.
Insuring your Chrysler vehicle just makes sense
Despite the fact that auto insurance is not cheap in Philadelphia, maintaining insurance is required for several reasons.
- The majority of states have compulsory liability insurance requirements which means state laws require specific minimum amounts of liability insurance coverage if you drive a vehicle. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you have a lien on your Chrysler 300, it's guaranteed your bank will have a requirement that you have physical damage coverage to ensure they get paid if you total the vehicle. If the policy lapses, the bank may buy a policy for your Chrysler at a much higher premium rate and require you to reimburse them much more than you were paying before.
- Insurance protects your vehicle and your assets. It will also cover most medical and hospital costs for yourself as well as anyone injured by you. One policy coverage, liability insurance, also covers legal expenses if you are named as a defendant in an auto accident. If you have damage to your Chrysler as the result of the weather or an accident, your auto insurance policy will pay to restore your vehicle to like-new condition.
The benefits of having insurance definitely exceed the price paid, especially with large liability claims. Despite what companies tell you, the average driver overpays more than $850 per year so shop around every year to help ensure money is not being wasted.
Coverage information
The rate table displayed next showcases a range of coverage prices for Chrysler 300 models. Learning how insurance quotes are established is important for you to make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $226 | $400 | $336 | $20 | $100 | $1,082 | $90 |
| 300 Touring Plus 4-Dr Sedan | $226 | $400 | $336 | $20 | $100 | $1,082 | $90 |
| 300 Touring AWD 4-Dr | $226 | $400 | $336 | $20 | $100 | $1,082 | $90 |
| 300 S V6 4-Dr Sedan | $226 | $400 | $336 | $20 | $100 | $1,082 | $90 |
| 300 Touring Signature 4-Dr Sedan | $226 | $400 | $336 | $20 | $100 | $1,082 | $90 |
| 300 Touring Executive 4-Dr Sedan | $226 | $400 | $336 | $20 | $100 | $1,082 | $90 |
| 300 Touring Signature AWD 4-Dr | $252 | $460 | $336 | $20 | $100 | $1,168 | $97 |
| 300 Limited 4-Dr Sedan | $252 | $460 | $336 | $20 | $100 | $1,168 | $97 |
| 300 C 4-Dr Sedan | $252 | $460 | $336 | $20 | $100 | $1,168 | $97 |
| 300 S V8 4-Dr Sedan | $252 | $460 | $336 | $20 | $100 | $1,168 | $97 |
| 300 Limited AWD 4-Dr | $252 | $460 | $336 | $20 | $100 | $1,168 | $97 |
| 300 C AWD 4-Dr | $252 | $460 | $336 | $20 | $100 | $1,168 | $97 |
| 300 SRT-8 4-Dr Sedan | $252 | $460 | $336 | $20 | $100 | $1,168 | $97 |
| Get Your Own Customized Quote Go | |||||||
Premium data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Rate quotes do not factor in zip code location which can impact premium rates noticeably.
Where to set your deductibles
A question often asked by Philadelphia drivers is how high should the physical damage coverage deductibles be. The tables below may help to conceptualize the difference in cost between low and high insurance deductibles. The first set of prices uses a $250 physical damage deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $288 | $506 | $330 | $20 | $98 | $1,267 | $106 |
| 300 Touring Plus 4-Dr Sedan | $288 | $506 | $330 | $20 | $98 | $1,267 | $106 |
| 300 Touring AWD 4-Dr | $288 | $506 | $330 | $20 | $98 | $1,267 | $106 |
| 300 S V6 4-Dr Sedan | $288 | $506 | $330 | $20 | $98 | $1,267 | $106 |
| 300 Touring Signature 4-Dr Sedan | $288 | $506 | $330 | $20 | $98 | $1,267 | $106 |
| 300 Touring Executive 4-Dr Sedan | $288 | $506 | $330 | $20 | $98 | $1,267 | $106 |
| 300 Touring Signature AWD 4-Dr | $320 | $582 | $330 | $20 | $98 | $1,375 | $115 |
| 300 Limited 4-Dr Sedan | $320 | $582 | $330 | $20 | $98 | $1,375 | $115 |
| 300 C 4-Dr Sedan | $320 | $582 | $330 | $20 | $98 | $1,375 | $115 |
| 300 S V8 4-Dr Sedan | $320 | $582 | $330 | $20 | $98 | $1,375 | $115 |
| 300 Limited AWD 4-Dr | $320 | $582 | $330 | $20 | $98 | $1,375 | $115 |
| 300 C AWD 4-Dr | $320 | $582 | $330 | $20 | $98 | $1,375 | $115 |
| 300 SRT-8 4-Dr Sedan | $320 | $582 | $330 | $20 | $98 | $1,375 | $115 |
| Get Your Own Customized Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $178 | $318 | $330 | $20 | $98 | $944 | $79 |
| 300 Touring Plus 4-Dr Sedan | $178 | $318 | $330 | $20 | $98 | $944 | $79 |
| 300 Touring AWD 4-Dr | $178 | $318 | $330 | $20 | $98 | $944 | $79 |
| 300 S V6 4-Dr Sedan | $178 | $318 | $330 | $20 | $98 | $944 | $79 |
| 300 Touring Signature 4-Dr Sedan | $178 | $318 | $330 | $20 | $98 | $944 | $79 |
| 300 Touring Executive 4-Dr Sedan | $178 | $318 | $330 | $20 | $98 | $944 | $79 |
| 300 Touring Signature AWD 4-Dr | $198 | $366 | $330 | $20 | $98 | $1,012 | $84 |
| 300 Limited 4-Dr Sedan | $198 | $366 | $330 | $20 | $98 | $1,012 | $84 |
| 300 C 4-Dr Sedan | $198 | $366 | $330 | $20 | $98 | $1,012 | $84 |
| 300 S V8 4-Dr Sedan | $198 | $366 | $330 | $20 | $98 | $1,012 | $84 |
| 300 Limited AWD 4-Dr | $198 | $366 | $330 | $20 | $98 | $1,012 | $84 |
| 300 C AWD 4-Dr | $198 | $366 | $330 | $20 | $98 | $1,012 | $84 |
| 300 SRT-8 4-Dr Sedan | $198 | $366 | $330 | $20 | $98 | $1,012 | $84 |
| Get Your Own Customized Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Rate information does not factor in the specific area where the vehicle is garaged which can alter premiums greatly.
Based on this data, using a $250 deductible costs approximately $29 more each month or $348 a year than choosing the higher $1,000 deductible. Because you would be required to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 26 months between claim filings, you would save money going with the higher deductible. Here's the way you can make your own decision.
| Average monthly premium for $250 deductibles: | $111 |
| Average monthly premium for $1,000 deductibles (subtract): | - $82 |
| Monthly savings from raising deductible: | $29 |
| Difference between deductibles ($1,000 - $250): | $750 |
| Divide difference by monthly savings: | $750 / $29 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 26 months |
An important sidenote is that increasing deductibles to save money results in a higher out-of-pocket expense when you have a claim. It will be required that you have some extra savings in order to pay the deductible to have repairs made.
Do you qualify for discounts?
Buying insurance is not cheap, but you may qualify for discounts that you may not know about. Larger premium reductions will be automatically applied when you quote, but some must be asked for prior to receiving the credit. If you don't get every credit possible, you're just leaving money on the table.
- Pay Now and Pay Less - If you can afford to pay the entire bill as opposed to paying monthly you may have a lower total premium amount.
- Early Signing - Select insurance companies give a discount for renewing your policy prior to the expiration date on your current 300 insurance policy. Ten percent is about the average savings.
- Federal Employees - Active or former government employment can earn a discount up to 10% with certain companies.
- Bundled Policy Discount - If you combine your home and auto policies with the same insurance company you may earn at least 10 to 15 percent or more.
- Driver's Ed - Teen drivers should take driver's ed class in school or through a local driver safety program.
As a disclaimer on discounts, many deductions do not apply to all coverage premiums. Some only apply to specific coverage prices like liability and collision coverage. So even though they make it sound like having all the discounts means you get insurance for free, it's just not the way it works. But all discounts should help lower the amount you have to pay.
The information below illustrates the comparison of Chrysler 300 annual premium costs with and without discounts applied to the rates. The rate quotes are based on a male driver, no claims or driving citations, Pennsylvania state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, marriage, multi-car, claim-free, and multi-policy discounts applied.
Car insurance companies that may offer these money-saving discounts include:
If you need lower rates, check with each company which discounts you may be entitled to. Some discounts listed above may not be offered in Philadelphia. To choose companies who offer online Chrysler 300 insurance quotes in Philadelphia, click here to view.
When to have guidance from a local insurance agent
Many people just want to have an agent's advice and that is a personal choice. One of the great benefits of comparing rates online is that you can find lower rates and still have a local agent.
To make it easy to find an agent, after completing this quick form, your insurance coverage information is submitted to companies in Philadelphia who will give you quotes for your coverage. There is no reason to leave your house since rate quotes are delivered to you. Get lower rates AND an agent nearby. In the event you want to get a rate quote from a particular provider, you would need to jump over to their website and fill out their quote form.
Finding the right company requires more thought than just a cheap quote. Agents should be asked these questions:
- Which companies can they place coverage with?
- In the event of vehicle damage, can you pick the collision repair facility?
- Do you qualify for any additional discounts?
- Which companies do they recommend if they are an independent agency?
- Do they review policy coverages at every renewal?
- Do they specialize in personal lines coverage in Philadelphia?
- Is the agent properly licensed in Pennsylvania?
Not all car insurance agents are the same
When searching for a reputable agency, it's helpful to know the types of agencies that differ in how they can insure your vehicles. Philadelphia agents may be either independent agents or exclusive agents depending on their employer.
Exclusive Agencies
These type of agents normally can only provide a single company's rates such as Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agencies are unable to place coverage with different providers so it's a take it or leave it situation. Exclusive agents receive extensive training in insurance sales and that enables them to sell even at higher rates.
Below is a short list of exclusive insurance agencies in Philadelphia willing to provide price quote information.
Craig Alleyne - State Farm Insurance Agent
6335 Wayne Avenue - Philadelphia, PA 19144 - (215) 438-8440 - View Map
Mike Hickey - State Farm Insurance Agent
86 Bethlehem Pike - Philadelphia, PA 19118 - (215) 753-1501 - View Map
State Farm - Adam Hutcheon
1436 Fairmount Ave - Philadelphia, PA 19130 - (215) 765-2686 - View Map
Independent Insurance Agents
Agents that elect to be independent do not have single company limitations so they can quote policies amongst many companies and potentially find a lower price. If your agent finds better pricing, an independent agent can move your coverage and you don't have to do anything.
If you are comparing rate quotes, we recommend you include price quotes from multiple independent agents in order to have the best price comparison.
Listed below is a list of independent insurance agencies in Philadelphia willing to provide price quotes.
McCollum Insurance Agency
4169 Main St - Philadelphia, PA 19127 - (215) 508-9000 - View Map
Accu Insurance Agency
7010 Elmwood Ave - Philadelphia, PA 19142 - (215) 726-0270 - View Map
America Insurance Agency Inc
7214 Frankford Ave - Philadelphia, PA 19135 - (800) 283-0500 - View Map
After receiving positive responses to any questions you have as well as a affordable price, it's possible that you found an insurance agency that can be trusted to insure your vehicles.
Do I just need basic coverages?
When it comes to choosing proper insurance coverage for your personal vehicles, there is no single plan that fits everyone. Your financial needs are unique so this has to be addressed.
These are some specific questions might help in determining whether your personal situation will benefit from professional help.
- Is my Chrysler 300 covered for smoke damage?
- Is my teenager covered with friends in the car?
- Do I need more liability coverage?
- Am I covered if my car is in a flood?
- Will my Chrysler 300 be repaired with OEM or aftermarket parts?
- When would I need rental car insurance?
- Which companies will insure high-risk drivers?
- Should I buy full coverage?
- Why am I required to get a high-risk car insurance policy?
- Do I need replacement cost coverage on my Chrysler 300?
If you don't know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you don't have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area.
Persistence will pay off
The cheapest Chrysler 300 insurance in Philadelphia is possible on the web and also from your neighborhood Philadelphia agents, and you should compare rates from both to have the best chance of lowering rates. There are still a few companies who may not offer the ability to get quotes online and most of the time these smaller providers provide coverage only through independent insurance agencies.
We just showed you a lot of information how to save on Chrysler 300 insurance in Philadelphia. It's most important to understand that the more providers you compare, the higher your chance of finding cheaper Philadelphia car insurance quotes. Drivers may even discover the best car insurance rates are with a smaller regional carrier. These companies may only write in your state and offer lower premium rates than the large multi-state companies such as Allstate or State Farm.
When you buy Philadelphia car insurance online, do not sacrifice coverage to reduce premiums. In too many instances, someone dropped liability limits or collision coverage to discover at claim time they didn't purchase enough coverage. Your goal should be to buy enough coverage at an affordable rate, not the least amount of coverage.
More detailed auto insurance information can be read at these sites:
- Liability Insurance Coverage (Nationwide)
- How Much is Car Insurance for Drivers with Bad Credit in Philadelphia? (FAQ)
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Medical Payments Coverage (Liberty Mutual)
- A Tree Fell on Your Car: Now What? (Allstate)