The best way we recommend to get cheaper Chrysler 300 insurance is to compare prices annually from companies that sell auto insurance in Virginia Beach.
- Step 1: Read about how car insurance works and the measures you can control to keep rates down. Many rating factors that increase rates like multiple speeding tickets and a bad credit rating can be controlled by making lifestyle changes or driving safer. Read the full article for ideas to help prevent expensive coverage and get discounts that may be overlooked.
- Step 2: Quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from a single company like Progressive or Allstate, while independent agents can provide rate quotes for a wide range of companies.
- Step 3: Compare the price quotes to your existing policy to determine if you can save on 300 insurance. If you find a better price and make a switch, ensure coverage does not lapse between policies.
One tip to remember is to use the same level of coverage on every quote request and and to get price estimates from as many different insurance providers as possible. This enables an apples-to-apples comparison and a better comparison of the market.
It’s shocking but nearly 70% of consumers have bought car insurance from the same company for more than four years, and approximately 40% of consumers have never compared quotes from other companies. Most drivers in America can save hundreds of dollars each year by just shopping around, but most just don’t grasp how much savings they would realize if they replace their high priced policy.
The are a couple different ways to compare rate quotes from local Virginia Beach insurance companies. The best method to do a complete rate comparison involves getting comparison quotes online. Just keep in mind that comparing a large number of companies helps increase your odds of locating the best price. Not every company does Virginia Beach 300 insurance quotes online, so it’s important to compare price estimates from those companies as well.
The auto insurance companies shown below can provide price quotes in Virginia Beach, VA. To find the best auto insurance in VA, it’s a good idea that you compare several of them in order to find the most competitive rates.
Here’s why insurance is not optional
Even though it’s not necessarily cheap to insure a Chrysler in Virginia Beach, insurance is required in Virginia but also provides important benefits.
- The majority of states have mandatory liability insurance requirements which means state laws require a specific minimum amount of liability insurance in order to license the vehicle. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
- If you have a lien on your vehicle, almost all lenders will force you to have physical damage coverage to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the lender will be forced to insure your Chrysler for a lot more money and force you to reimburse them a much higher amount than you were paying before.
- Insurance protects your vehicle and your assets. It will also reimburse you for hospital and medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, also covers all legal expenses up to the policy limit if you cause an accident and are sued. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of buying enough insurance outweigh the cost, particularly if you ever have a claim. On average, a vehicle owner in Virginia Beach is currently overpaying as much as $800 each year so compare quotes from several companies every year to make sure the price is not too high.
Chrysler 300 detailed coverage information
The data table below highlights detailed analysis of prices for Chrysler 300 models. Having knowledge of how car insurance prices are determined helps drivers make informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $250 | $486 | $348 | $20 | $104 | $1,208 | $101 |
| 300 Touring Plus 4-Dr Sedan | $250 | $486 | $348 | $20 | $104 | $1,208 | $101 |
| 300 Touring AWD 4-Dr | $250 | $486 | $348 | $20 | $104 | $1,208 | $101 |
| 300 S V6 4-Dr Sedan | $250 | $486 | $348 | $20 | $104 | $1,208 | $101 |
| 300 Touring Signature 4-Dr Sedan | $250 | $486 | $348 | $20 | $104 | $1,208 | $101 |
| 300 Touring Executive 4-Dr Sedan | $250 | $486 | $348 | $20 | $104 | $1,208 | $101 |
| 300 Touring Signature AWD 4-Dr | $278 | $560 | $348 | $20 | $104 | $1,310 | $109 |
| 300 Limited 4-Dr Sedan | $278 | $560 | $348 | $20 | $104 | $1,310 | $109 |
| 300 C 4-Dr Sedan | $278 | $560 | $348 | $20 | $104 | $1,310 | $109 |
| 300 S V8 4-Dr Sedan | $278 | $560 | $348 | $20 | $104 | $1,310 | $109 |
| 300 Limited AWD 4-Dr | $278 | $560 | $348 | $20 | $104 | $1,310 | $109 |
| 300 C AWD 4-Dr | $278 | $560 | $348 | $20 | $104 | $1,310 | $109 |
| 300 SRT-8 4-Dr Sedan | $278 | $560 | $348 | $20 | $104 | $1,310 | $109 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Virginia minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Prices do not factor in specific Virginia Beach garaging location which can change rates noticeably.
Deductible comparison
One of the hardest decisions when shopping for car insurance is how high should your deductibles be. The following tables sum up the differences in price of buying low and high physical damage deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second price chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $224 | $394 | $258 | $16 | $78 | $995 | $83 |
| 300 Touring Plus 4-Dr Sedan | $224 | $394 | $258 | $16 | $78 | $995 | $83 |
| 300 Touring AWD 4-Dr | $224 | $394 | $258 | $16 | $78 | $995 | $83 |
| 300 S V6 4-Dr Sedan | $224 | $394 | $258 | $16 | $78 | $995 | $83 |
| 300 Touring Signature 4-Dr Sedan | $224 | $394 | $258 | $16 | $78 | $995 | $83 |
| 300 Touring Executive 4-Dr Sedan | $224 | $394 | $258 | $16 | $78 | $995 | $83 |
| 300 Touring Signature AWD 4-Dr | $250 | $454 | $258 | $16 | $78 | $1,081 | $90 |
| 300 Limited 4-Dr Sedan | $250 | $454 | $258 | $16 | $78 | $1,081 | $90 |
| 300 C 4-Dr Sedan | $250 | $454 | $258 | $16 | $78 | $1,081 | $90 |
| 300 S V8 4-Dr Sedan | $250 | $454 | $258 | $16 | $78 | $1,081 | $90 |
| 300 Limited AWD 4-Dr | $250 | $454 | $258 | $16 | $78 | $1,081 | $90 |
| 300 C AWD 4-Dr | $250 | $454 | $258 | $16 | $78 | $1,081 | $90 |
| 300 SRT-8 4-Dr Sedan | $250 | $454 | $258 | $16 | $78 | $1,081 | $90 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $138 | $248 | $258 | $16 | $78 | $738 | $62 |
| 300 Touring Plus 4-Dr Sedan | $138 | $248 | $258 | $16 | $78 | $738 | $62 |
| 300 Touring AWD 4-Dr | $138 | $248 | $258 | $16 | $78 | $738 | $62 |
| 300 S V6 4-Dr Sedan | $138 | $248 | $258 | $16 | $78 | $738 | $62 |
| 300 Touring Signature 4-Dr Sedan | $138 | $248 | $258 | $16 | $78 | $738 | $62 |
| 300 Touring Executive 4-Dr Sedan | $138 | $248 | $258 | $16 | $78 | $738 | $62 |
| 300 Touring Signature AWD 4-Dr | $154 | $286 | $258 | $16 | $78 | $792 | $66 |
| 300 Limited 4-Dr Sedan | $154 | $286 | $258 | $16 | $78 | $792 | $66 |
| 300 C 4-Dr Sedan | $154 | $286 | $258 | $16 | $78 | $792 | $66 |
| 300 S V8 4-Dr Sedan | $154 | $286 | $258 | $16 | $78 | $792 | $66 |
| 300 Limited AWD 4-Dr | $154 | $286 | $258 | $16 | $78 | $792 | $66 |
| 300 C AWD 4-Dr | $154 | $286 | $258 | $16 | $78 | $792 | $66 |
| 300 SRT-8 4-Dr Sedan | $154 | $286 | $258 | $16 | $78 | $792 | $66 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can increase or decrease insurance rates greatly.
Based on the data above, we can derive that using a $250 deductible costs an average of $23 more each month or $276 every year than buying the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at a minimum 33 months between claims, you would more than likely save some money if you choose the higher deductible.
The chart below shows how different deductible levels and can increase or decrease Chrysler 300 annual premium costs for different age categories. The premiums are based on a single male driver, comp and collision included, and no policy discounts are applied.
Age, gender, and Chrysler 300 insurance
The example below visualizes the comparison of Chrysler 300 car insurance rates for male and female drivers. The data assumes no accidents, no driving violations, comprehensive and collision coverage, $250 deductibles, single marital status, and no policy discounts are applied.
How much more does full coverage cost in Virginia Beach?
The example below illustrates the difference between Chrysler 300 car insurance rates with full coverage and liability only. The data assumes no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no other discounts are factored in.
When to eliminate full coverage
There is no set guideline of when to eliminate physical damage insurance, but there is a general school of thought. If the yearly cost of comp and collision coverage is more than about 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let’s say your Chrysler 300 replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $3,000 after paying the physical damage deductible. If it’s costing you more than $300 annually for physical damage coverage, then you might want to consider buying only liability coverage.
There are some situations where only buying liability is not financially feasible. If you still owe money on your vehicle, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not buy liability only.
Discounts mean cheaper rates for Chrysler 300 insurance in Virginia Beach
Some insurance providers don’t list all possible discounts in a way that’s easy to find, so the list below gives a summary of a few of the more well known and the harder-to-find credits that you can use to lower your rates.
- Active Service Discounts – Having a family member in the military may qualify for rate reductions.
- Early Renewal Discounts – Some insurance companies provide a discount for switching to them prior to the expiration date on your current 300 insurance policy. The savings is around 10%.
- No Claim Discounts – Good drivers with no accidents get the best car insurance rates in comparison to policyholders that have many claims.
- Low Mileage Discounts – Driving fewer miles can earn lower premium rates on the low mileage vehicles.
- Discounts for Cautious Drivers – Insureds without accidents may save up to 50% more than drivers with accidents.
- Good Students Pay Less – Maintaining excellent grades could provide a savings of up to 20% or more. This discount can apply until age 25.
- Virginia Beach Homeowners Pay Less – Just owning your own home can save a few bucks because of the fact that having a home demonstrates responsibility.
- Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase a life insurance policy as well.
- Defensive Driver – Taking a class that teaches safe driver techniques could save 5% or more if your company offers it.
- E-sign – Some companies will discount your bill up to fifty bucks simply for signing on the web.
We need to note that most discount credits are not given to all coverage premiums. A few only apply to the price of certain insurance coverages like collision or personal injury protection. Even though the math looks like you could get a free car insurance policy, that’s just not realistic.
The illustration below shows the comparison of Chrysler 300 insurance rates with and without discounts applied to the policy rates. The rate quotes are based on a female driver, no violations or accidents, Virginia state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, safe-driver, claim-free, homeowner, and marriage discounts applied.
Some of the insurance companies that possibly offer most of these discounts include:
If you want inexpensive Virginia Beach car insurance quotes, ask each company or agent to give you their best rates. Some discounts may not apply to policyholders in every state. To see a list of insurance companies offering car insurance discounts in Virginia, click here to view.
Situations that may require an agent’s advice
When quoting and choosing proper insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Every situation is different.
For instance, these questions can help discover if your situation could use an agent’s help.
- Should I drop comprehensive coverage on older vehicles?
- Do I pay less if my vehicle is kept in my garage?
- How much will a speeding ticket raise my rates?
- What if I total my Chrysler 300 and owe more than it’s worth?
- Who does medical payments coverage extend to?
- Does insurance cover tools stolen from my truck?
- Can I cancel at any time?
If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form.
Virginia car insurance company ratings
Insuring your vehicle with the right auto insurance company is hard considering how many companies are available to choose from in Virginia. The company ratings listed below could help you pick which insurers you want to consider when shopping around.
Top 10 Virginia Beach Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%