It’s a known fact that auto insurance companies want to keep you from shopping around. Consumers who shop around are highly likely to switch car insurance companies because they have a good chance of finding better rates. A study discovered that drivers who compared rate quotes regularly saved $72 a month compared to drivers who never compared other company’s rates.
If finding the cheapest price for Dodge Challenger insurance in Portland is the reason you’re here, then having a grasp of how to compare cheaper coverage can save time, money, and frustration.
The best way we recommend to find better pricing on auto insurance rates in Portland is to start doing an annual price comparison from companies in Oregon. You can compare rates by following these steps.
- First, spend some time learning about policy coverages and the things you can control to lower rates. Many rating criteria that drive up the price like high-risk driving behaviors and a poor credit rating can be controlled by making small lifestyle or driving habit changes.
- Second, request rate estimates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from a single company like Progressive or Allstate, while independent agencies can provide prices from multiple sources.
- Third, compare the quotes to the price on your current policy and determine if there is any savings. If you find a lower rate quote and decide to switch, make sure there is no coverage gap between policies.
- Fourth, tell your current agent or company to cancel your existing policy and submit a down payment along with a signed application to your new carrier. Once the application is submitted, keep the new proof of insurance certificate in an easily accessible location.
The critical component of shopping around is to use similar coverage information on every price quote and and to get rate quotes from as many car insurance companies as possible. Doing this ensures an accurate price comparison and a better comparison of the market.
Locating the most cost-effective auto insurance policy in Portland is really quite easy. If you have a current auto insurance policy or just want cheaper coverage, use these tips to reduce the price you pay without reducing protection. Drivers just have to learn the proper way to quote multiple rates online.
The companies shown below provide price comparisons in Oregon. If multiple companies are listed, it’s a good idea that you compare several of them to get the most affordable price.
Dodge Challenger coverage analysis
The coverage table shown below highlights a range of insurance premium costs for Dodge Challenger models. Having knowledge of how auto insurance prices are determined can aid in making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Challenger SE | $346 | $586 | $362 | $22 | $108 | $1,424 | $119 |
| Challenger R/T | $382 | $674 | $362 | $22 | $108 | $1,548 | $129 |
| Challenger SRT-8 | $416 | $762 | $362 | $22 | $108 | $1,670 | $139 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Oregon minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Information does not factor in Portland location which can influence coverage rates substantially.
The diagram below highlights how deductible selection and can increase or decrease Dodge Challenger yearly insurance costs for different insured age categories. The costs are based on a single male driver, full physical damage coverage, and no discounts are factored in.
Impact of careless driving on insurance rates
The information below illustrates how traffic citations and fender-benders can drive up Dodge Challenger car insurance costs for each age group. The prices are based on a single male driver, full coverage, $100 deductibles, and no additional discounts are factored in.
Gender-based insurance rates by age
The diagram below illustrates the comparison of Dodge Challenger premium costs for male and female drivers. The premiums assume no claims or violations, comp and collision included, $500 deductibles, single status, and no discounts are taken into consideration.
How much more does full coverage cost?
The illustration below illustrates the comparison of Dodge Challenger car insurance costs with full coverage and liability only. The price estimates are based on no claims or driving violations, $100 deductibles, drivers are single, and no discounts are factored in.
Should you pay for full coverage or liability only?
There is no clear-cut formula to stop paying for physical damage coverage on your policy, but there is a general convention. If the yearly cost for physical damage coverage is more than 10% of replacement cost minus your deductible, then it could be time to drop full coverage.
For example, let’s pretend your Dodge Challenger settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company would pay you is $8,000 after paying the physical damage deductible. If you are paying in excess of $800 annually for full coverage, then it’s probably a good time to buy liability coverage only.
There are some cases where buying only liability insurance is not a good plan. If you have an outstanding loan on your vehicle, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not opt for liability only.
When in doubt talk to an agent
When it comes to a policy, there is no perfect coverage plan. Every situation is different.
For example, these questions might help in determining if your situation might need an agent’s assistance.
- What is roadside assistance coverage?
- Are there any extra discounts I can get?
- Is my cargo covered for damage or theft?
- What states are considered no-fault?
- Does coverage extend to a rental car in a foreign country?
- What exactly is covered by my policy?
- Is my Dodge Challenger covered if I use it for business?
If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you don’t have a local agent, simply complete this short form. It only takes a few minutes and you can get the answers you need.
Local Portland auto insurance agents
A small number of people still prefer to talk to a local agent and that is recommended in a lot of cases Good insurance agents can point out coverage gaps and will help you if you have claims. A good thing about comparing insurance prices online is you can get cheaper rates and still have a local agent.
After filling out this form (opens in new window), your coverage information is submitted to agents in your area that give free quotes to get your business. There is no reason to leave your computer due to the fact that quote results will go directly to your email. If you wish to get a rate quote from a specific auto insurance provider, feel free to navigate to their website and give them your coverage information.
Picking an insurer should include more criteria than just the bottom line cost. Agents should be asked these questions:
- Can you contact them at any time?
- Can glass claims be handled at your home?
- How does the company pay claims for a total loss?
- Do they offer claims assistance after hours?
- Are they able to influence company decisions when a claim is filed?
- Do you need full coverage on every vehicle?
The type of auto insurance agent you choose is important
If you want to buy auto insurance from a good insurance agency, it’s important to understand the types of insurance agents to choose from. Auto insurance agencies are categorized either exclusive or independent (non-exclusive). Both sell auto insurance policies, but it’s worth learning how they differ since it can affect the kind of agent you use.
Exclusive Agents
These type of agents can only quote rates from one company like State Farm, AAA, Farmers Insurance or Allstate. They are unable to compare other company’s rates so you need to shop around if the rates are high. Exclusive agencies are well trained on what they offer and that allows them to sell at a higher price point. Some people will only buy from exclusive agents mainly due to the brand rather than having the cheapest rates.
Shown below are Portland exclusive insurance agencies who can help you get rate quotes.
- Ernest J Hill Jr – State Farm Insurance Agent
4946 N Vancouver Ave – Portland, OR 97217 – (503) 286-1103 – View Map - American Family Insurance – Lee Cannon
8085 SE 16th Ave – Portland, OR 97202 – (503) 235-1545 – View Map - John Lokting – State Farm Insurance Agent
307 SE 102nd Ave – Portland, OR 97216 – (503) 252-5581 – View Map
Independent Insurance Agents
Independent insurance agents can quote rates with many companies and that gives them the ability to insure amongst many companies and help determine which has the cheapest rates. If they find a lower price, the business is moved internally without you having to go to a different agency. When searching for an agent, you need to compare prices from a few independent agents so that you have a good selection of quotes to compare. Most can insure with smaller companies which can be an advantage.
Listed below is a short list of independent insurance agencies in Portland who can help you get comparison quotes.
- Nationwide Insurance: Eric L Weber Agency
4415 NE Sandy Blvd Ste 200 – Portland, OR 97213 – (503) 249-7667 – View Map - Vern Fonk
9955 SE Washington St #103 – Portland, OR 97216 – (971) 213-1015 – View Map - Darrell Grenz Insurance Agency
5651 N Lombard St – Portland, OR 97203 – (503) 206-6736 – View Map