Chrysler is the seventh-largest automaker in the world and one of the top three American auto manufacturers. Over the past 90 years, they have manufactured some of America's most popular cars. In addition to their own line of vehicles, they are the parent company of Jeep, Dodge, and RAM trucks.
If you're planning on becoming part of the Chrysler legacy, you will want to make sure that your vehicle and finances are properly covered with the right car insurance.
To use a tool that will find you the best insurance solution in your area, click here find-an-agent tool to get matched with a local independent insurance agent who will help you find the ideal coverage for your Chrysler.
What Kind of Insurance Do You Need for Your Chrysler?
Some insurances are required by the state you live in and others are optional. Having several options means you can build an insurance package that fits your driving needs and habits.
Most states have laws requiring the following coverage:
- Bodily injury liability: Anytime you're in an at-fault accident that causes injury to another person, bodily liability provides coverage for the injured person. It will not pay for your personal injuries.
- Property damage liability: If you or someone driving your Chrysler damages someone else's property or their vehicle, property damage liability provides them with reimbursement for those damages.
Many states also require this coverage:
- Medical payments/personal injury protection (PIP): If you're injured in an accident where you're at fault, PIP helps pay for medical expenses and lost wages for you and any passengers who may have been injured in the accident.
- Uninsured or underinsured motorist coverage: Even though it is required, some drivers still don't purchase insurance. Uninsured and underinsured motorist coverage will help protect your financial interests if a driver without adequate insurance causes an accident.
- Collision coverage: If your Chrysler is damaged or totaled in an accident and you are at fault, collision coverage provides funding to repair or replace your vehicle.
- Comprehensive insurance: Collisions are not the only incidents where your vehicle can be damaged. Theft, natural disasters, storms, and other mishaps are all possibilities. Comprehensive insurance protects you against these types of losses.
- Glass coverage: Windshield replacement can be surprisingly costly. Glass coverage tends to cost only several dollars a month and is an add-on to your policy that pays 100% for any glass replacement.
- Gap insurance: If you buy a brand new Chrysler, the second you drive it off the lot it loses value. If you were to get in an accident shortly after and experience a total loss, you'd be left having to pay the difference between what you still own on the car and it's value. Gap insurance helps cover the difference between the amount you owe and the amount the insurance company pays if your Chrysler is a total loss.
What Affects the Cost of Insurance for Your Chrysler?
Many factors go into the cost of car insurance. The retail price of your vehicle, annual mileage, safety, your driving record, and age can all impact your costs.
|Average Insurance Rates for Chrysler by Driver||$1,350|
|30-year old drivers||$1,420|
|50-year old drivers||$1,230|
The Safety of Your Chrysler
As expected, the safety rating of your vehicle can heavily influence your insurance rates. Many of Chrysler vehicle models rank among the top safety picks and test with four- and five-out-of-five stars in overall crash tests from the National Highway Traffic Safety Administration (NHTSA)
Some of Chrysler's popular safety features include Anesense® lane departure warning, adaptive cruise control, blindspot monitoring, and ParkSense® Front and Rear Park Assistance. These safety features can help lower the premium costs to insure a Chrysler.
How Location Affects Your Chrysler
It may come as a surprise that where you live will highly impact your insurance rates. Not only do drivers who live in busy cities pay more than those who live in the country side, but insurance rates vary greatly across states. Some states generally have higher insurance rates than others.
|States where yearly average car insurance rates are the highest:|
|States where yearly average car insurance rates are the lowest:|
Average Cost to Insure a Chrysler
Your insurance premiums for a Chrysler will vary depending on the coverage amounts you choose. The good news is that if you are in your 40s, and have a good driving record, you can expect to pay around $1,350 a year.
Your insurance rates also depend on the Chrysler model you choose. More expensive vehicles have higher rates.
|Model||Monthly insurance premium|
|Chrysler Pacifica Hybrid||$1,544|
|Chrysler Town and Country||$1,288|
Top Insurance Carriers That Insure the Chrysler
When choosing an insurance company, it's crucial to compare a number of options. You'll need a company that offers top-notch service, and has a reputation for being trustworthy and responsive.
The US Independent Insurance Agent Satisfaction Study by J.D. Power gave these companies excellent ratings:
Where to Get Chrysler Insurance Quotes
So no matter whether you drive a Chrysler 300 or a Dodge Charger, independent agents are your best option for finding the coverage you need. Your agent can make comparison shopping easy by helping you determine your coverage needs and then obtaining quotes from multiple agencies so you can shop for value.
Be sure to ask your TrustedChoice.com agent about your specific circumstances, as each situation is unique. This will help you get the best Chrysler insurance policy possible. Contact your local agent today.