Built through 2017, the Chrysler 200 is a five-passenger midsize car that offers both practicality and comfort. As the owner of a Chrysler 200, you face plenty of risks when out on the road each day. In order to protect yourself and your vehicle, it’s essential you carry adequate car insurance. A n independent insurance agent can help you assess your insurance needs.
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What Kind of Insurance Do You Need for Your Chrysler 200?
It’s important to understand why you need each type of coverage. Any number of misfortunes can impact you as a driver, so carrying the proper insurance protection is crucial. Each state has different requirements for minimum coverage. You can learn about some of the available options below.
Most states mandate the following coverage:
Bodily injury liability
You are probably trying to be a cautious and careful driver, but even if you take every preventive measure possible, you could still cause an accident, making you liable for damage. Bodily injury liability pays for medical care and lost wages to the other party.
Property damage liability
If you cause property damage to someone else’s property while driving, you are responsible for repair or replacement. Property damage liability coverage provides reimbursement for that damage. Property could mean anything from a car to a fence.
Many states also require this coverage:
Medical payments/personal injury protection
If you cause an accident and are injured, you could sustain serious injuries and require medical attention. Personal injury protection (PIP) coverage provides payment for necessary medical treatment and lost wages.
Uninsured motorist coverage
This puts every other driver at risk for losses sustained from an accident caused by an uninsured motorist. Uninsured motorist coverage provides reimbursement for medical care and auto damage, which could be substantial. You can also purchase uninsured and underinsured motorist coverage, which provides payment after the policy limits of the underinsured driver are inadequate to cover the cost of damage.
Getting into a collision with another car or object could amount to a large sum of money. That’s where collision coverage kicks in, covering the cost of repairs to your vehicle.
There are endless mishaps you could experience while driving that might result in vehicle damage. Anything from a loose boulder to a fire can result in substantial out-of-pocket costs. Comprehensive coverage covers the cost of repair or replacement of your car.
Glass coverage can be added for a low monthly premium and covers the cost of a windshield repair or replacement. Glass claims are very common, so having glass insurance could save you some money if you get a crack or chip.
If you owe more on your Chrysler 200 than it’s currently worth, you should consider purchasing gap coverage. In the case of a total loss, you would still be responsible for the remaining payments to the lender on your auto loan. Gap insurance covers the difference between what the car is worth and what you owe, making it very valuable coverage.
What Affects the Cost of Car Insurance for Your Chrysler 200?
The number of miles you drive each year will have an effect on your premiums. If you have a long commute to work each day, you can expect to pay more for insurance than someone who doesn’t drive nearly as much.
Do you have a less-than-stellar driving record? Unfortunately, If you’ve had any violations in the past few years, you’ll end up with higher premiums than someone with a spotless record.
Your car’s value
Cars that are worth more tend to have higher insurance premiums, since insurance companies will have to pay more for repairs to a more expensive vehicle. The Chrysler 200 is reasonably priced with the following averages:
|Average price of a Chrysler 200|
|2014||$6,550 - $11,100|
|2015||$8,500 - $11,825|
|2016||$10,125 - $13,775|
|2017||$11,675 - $16,150|
The safety of your Chrysler 200
The safety ratings and features of your car are taken into consideration by insurance companies when it comes to your rates. The 2017 Chrysler 200 earned a strong five-star overall rating from the NHTSA.
Where you live with your Chrysler 200
You may not know this, but where you live can have an effect on your car insurance premiums. If you live in a more populated city, the chances of something like a collision or theft are greater than if you live in a rural area.
What Is the Average Cost to Insure a Chrysler 200?
Your car insurance costs will definitely vary depending on different factors such as age, your driving record, etc. On average, the annual insurance cost for full coverage on a Chrysler 200 will be around $1,968 per year. High-risk drivers can expect to pay much more.
Which states are most affordable and least affordable for car insurance?
Estimated annual car insurance premiums in the United States:
|Most expensive states:|
|Most affordable states:|
How Can You Save on Chrysler 200 Car Insurance?
If you are worried about the cost of car insurance, there are numerous discounts to help you save, like:
Top Insurance Companies That Insure the Chrysler 200
No two auto insurance companies are the same, meaning it’s important to choose a company that fits your needs. The U.S. Independent Insurance Agent Satisfaction Study by J.D. Power awarded the following companies high marks:
An independent insurance agent can help get you started on finding the right insurance company for you.
Get a Chrysler 200 Insurance Quote
If you’re wondering why you should work with an independent insurance agent, there are plenty of benefits. Your agent will find you the most affordable car insurance rates among several companies rather than just one. You’ll receive unbiased advice and fair estimates. Visit TrustedChoice.com to match up with a local agent near you and get a car insurance quote today.