Save Money on Chrysler PT Cruiser Insurance in Memphis

How long has it been since the last time you looked for cheaper Chrysler PT Cruiser insurance in Memphis? Are you drained from wondering where the money will come from to pay high auto insurance rates every month? You are no different than the majority of other vehicle owners in Tennessee.

It’s a known fact that car insurance companies want to keep your business as long as possible. People who shop around for cheaper prices are very likely to buy a new policy because there is a good probability of finding a more affordable policy. A recent survey discovered that drivers who compared rates once a year saved as much as $72 a month as compared to drivers who never compared other company’s rates.

If finding discount rates on Chrysler PT Cruiser insurance is your ultimate target, then knowing how to find and compare coverage rates can help make the process easier. Numerous car insurance companies battle for your insurance dollar, and it can be difficult to compare rates and get the best coverage at the lowest rate possible on Chrysler PT Cruiser insurance in Memphis.

Lower rates by qualifying for discounts

Auto insurance companies don’t list all possible discounts in a way that’s easy to find, so we researched both well-publicized as well as some of the hidden credits that may apply to you. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

• Theft Prevention System – Vehicles that have factory anti-theft systems are stolen less frequently and earn discounts up to 10% off your Memphis auto insurance quote.
• Discount for New Cars – Adding a new car to your policy can be considerably cheaper since newer vehicles have better safety ratings.
• Multi-line Discount – Insurance carriers who offer life insurance give better premium rates if you take out life insurance from them.
• Professional Memberships – Joining qualifying employment or professional organizations could trigger savings when shopping for auto insurance.
• Data Collection Discounts – People who choose to allow driving data submission to look at their driving habits by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system could possibly reduce rates if they exhibit good driving behavior.
• Service Members Pay Less – Being deployed in the military could qualify you for better auto insurance rates.
• Full Payment Discount – If paying your policy premium upfront rather than paying in monthly installments you may reduce your total bill.
• Early Signing – Some larger companies provide a discount for buying a policy early. You may see this discount when you get Memphis auto insurance quotes online.
• Driver Training Discounts – Successfully completing a driver safety class can save you 5% or more and make you a better driver.

We need to note that most of the big mark downs will not be given to the entire policy premium. Most only cut the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts will help lower the amount you pay for coverage.

The illustration below illustrates the comparison of Chrysler PT Cruiser annual premium costs with and without discounts applied to the premium. Data assumes a male driver, no violations or claims, Tennessee state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, multi-policy, multi-car, marriage, and homeowner discounts applied.

Popular auto insurance companies and a selection of discounts can be read below.

• Progressive may offer discounts for continuous coverage, multi-vehicle, multi-policy, good student, and online signing.
• Farmers Insurance may have discounts that include business and professional, mature driver, multi-car, early shopping, alternative fuel, distant student, and good student.
• Farm Bureau may include discounts for renewal discount, 55 and retired, youthful driver, driver training, safe driver, and multi-vehicle.
• State Farm has savings for anti-theft, Steer Clear safe driver discount, passive restraint, good driver, student away at school, and defensive driving training.
• GEICO has discounts for federal employee, membership and employees, multi-vehicle, anti-theft, multi-policy, and good student.
• SAFECO includes discounts for safe driver, bundle discounts, accident prevention training, teen safe driver, and multi-car.
• Liberty Mutual policyholders can earn discounts including multi-car, newly married, preferred payment discount, multi-policy, exclusive group savings, good student, and safety features.

When getting a coverage quote, ask every insurance company what discounts are available to you. Some of the discounts discussed earlier may not apply to policies in Memphis. To view insurance companies that offer some of these discounts in Tennessee, click here.

The quickest way to compare car insurance rates for Chrysler PT Cruiser insurance in Memphis is to know the fact auto insurance companies pay for the opportunity to compare their rates. All you need to do is provide information like whether you are single or married, if you lease or own, an estimate of your credit level, and coverage limits. The rating information is automatically sent to insurance companies and they return quotes within a short period of time.

If you wish to get multiple quotes for your car now, click here then complete the form.

The following companies can provide price comparisons in Memphis, TN. If you want to find cheap auto insurance in Tennessee, we recommend you visit two to three different companies in order to find the most competitive rates.

Statistics and details

The coverage table shown next outlines different policy rates for Chrysler PT Cruiser models. Knowing how premiums are established can help you make informed purchases.

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Estimates do not factor in specific garaging location which can raise or lower premiums substantially.

Comparison of policy deductibles

The hardest decision when buying coverage is what deductibles to buy. The rates shown below lay out the difference in cost when you choose different physical damage deductibles. The first set of rates uses a $250 physical damage deductible and the second price chart uses a $1,000 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Premium costs do not factor in specific location information which can decrease or increase coverage prices noticeably.

Based on these figures, using a $250 deductible will cost you about $18 more each month or $216 every year than requesting the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you go at least 42 months between claim filings, you would probably be better off going with the higher deductible. The numbers below show a better example of how this decision is made.

The chart below illustrates how choosing a deductible and can change Chrysler PT Cruiser insurance prices for different age groups of insureds. The data assumes a single female driver, comp and collision included, and no discounts are factored in.

How do I know if I need professional advice?

When choosing insurance from an agent or online, there isn’t really a cookie cutter policy. Every insured’s situation is different and your car insurance should unique, too.
Here are some questions about coverages that may help you determine whether you might need an agent’s assistance.

• Is my Chrysler PT Cruiser covered for flood damage?
• Are my custom wheels covered?
• Is pet coverage available?
• What is GAP insurance?
• Do I have newly-acquired coverage?
• When should I buy a commercial auto policy?
• Do all my vehicles need collision coverage?

If you don’t know the answers to these questions then you might want to talk to an agent. To find lower rates from a local agent, complete this form or click here for a list of car insurance companies in your area. It’s fast, free and you can get the answers you need.

What if I want to buy from local Memphis insurance agencies?

Many drivers still like to buy from a licensed agent and that can be a smart move Experienced insurance agents are trained risk managers and help file insurance claims. One of the benefits of comparing auto insurance online is that drivers can save money and get lower rates and still buy from a local agent. Buying from and supporting small agencies is especially important in Memphis.

To find an agent, once you fill out this short form, your coverage information is immediately sent to companies in Memphis who can give free rate quotes for your insurance coverage. You don’t have to do any legwork since rate quotes are delivered to you instantly. If you have a need to compare prices from one company in particular, feel free to go to their quote page and fill out the quote form the provide.

If you want to use a local Memphis insurance agency, there are two different agency structures that you can choose from. Agents are classified as either independent agents or exclusive agents. Both handle auto insurance, but it’s a good idea to understand the subtle differences since it can impact the type of agent you choose.

Independent Auto Insurance Agents (or Brokers)

Agents in the independent channel can quote rates with many companies so they can write business with an assortment of companies and find you the best rates. If you want to switch companies, the agent simply finds a different carrier and the insured can keep the same agent. When shopping rates, it’s recommended you compare prices from multiple independent agents to get the most accurate price comparison.

Below is a partial list of independent insurance agencies in Memphis that may be able to give free auto insurance rate quotes.

More insurance agents

Exclusive Agencies

These type of agents generally can only insure with one company and some examples include Farmers Insurance, State Farm, or Allstate. Exclusive agents cannot provide prices from multiple companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are highly trained in insurance sales and that allows them to sell at a higher price point.

The following are Memphis exclusive insurance agencies who can help you get rate quotes.

More insurance agents

Finding the right car insurance agent needs to be determined by more than just a cheap price. Get answers to these questions too.

• Do they carry Errors and Omissions coverage?
• Will they give you a referral list?
• If independent agents, which companies do they recommend?
• In the event of vehicle damage, can you pick the collision repair facility?
• Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
• Do you need full coverage on every vehicle?

How to find a good Memphis auto insurance company

Selecting the best car insurance provider can be difficult considering how many companies are available to choose from in Tennessee. The rank data in the next section can help you decide which insurers to look at when shopping your coverage around.

Top 10 Memphis Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

Top 10 Memphis Car Insurance Companies by A.M. Best Rank

1. Travelers – A++
2. USAA – A++
3. GEICO – A++
4. State Farm – A++
5. Erie Insurance – A+
6. Titan Insurance – A+
7. Esurance – A+
8. Progressive – A+
9. Nationwide – A+
10. The Hartford – A+

How much can you save?

Cost effective Chrysler PT Cruiser insurance can be found on the web and with local Memphis insurance agents, and you need to price shop both so you have a total pricing picture. Some insurance companies do not offer online rate quotes and usually these smaller companies sell through local independent agents.

We just covered a lot of ways to get a better price on Chrysler PT Cruiser insurance in Memphis. The key concept to understand is the more times you quote, the better your comparison will be. You may even find the lowest priced auto insurance comes from some of the lesser-known companies. These smaller insurers may only write in your state and offer lower car insurance rates as compared to the big name companies such as State Farm and Allstate.

When trying to cut insurance costs, you should never reduce needed coverages to save money. In too many instances, someone dropped collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy enough coverage at the best possible price.

Steps to finding affordable Chrysler PT Cruiser insurance in Memphis

The best way we recommend to get affordable Chrysler PT Cruiser insurance in Memphis is to start comparing rates regularly from different companies that insure vehicles in Tennessee. This can be done by following these steps.

1. Get an understanding of how insurance companies determine prices and the measures you can control to drop your rates. Many policy risk factors that result in higher rates such as traffic citations and a negative credit history can be amended by improving your driving habits or financial responsibility.
2. Compare rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give prices from one company like GEICO or Farmers Insurance, while independent agents can provide price quotes for a wide range of insurance providers. Compare rates
3. Compare the new rate quotes to your current policy premium to see if cheaper PT Cruiser coverage is available in Memphis. If you can save money and buy the policy, ensure coverage does not lapse between policies.
4. Notify your agent or company to cancel the current policy and submit a signed application and payment to the new company. Be sure to place your new proof of insurance certificate in a readily accessible location in your vehicle.

One key aspect when comparing rates is to make sure you enter the same physical damage deductibles and liability limits on every quote request and to quote with as many companies as you can. This enables an accurate price comparison and a better comparison of the market.

Helpful information

• Prom Night Tips for Teen Drivers (State Farm)
• Who Has the Cheapest Memphis Car Insurance Quotes for Drivers Over Age 70? (FAQ)
• What Insurance is Cheapest for High School Students in Memphis? (FAQ)
• Who Has Affordable Memphis Auto Insurance Quotes for Active Military? (FAQ)
• How Much are Auto Insurance Rates for a Ford Escape in Memphis? (FAQ)
• State Car Insurance Guides (GEICO)
• Rental Reimbursement Coverage (Allstate)
• Insurance losses by make and model (Insurance Institute for Highway Safety)
• Collision Insurance Coverage (Nationwide)