Dodge Avenger Insurance Rate Quotes in Anchorage

Smart shoppers know that insurance companies don’t want you to look for a cheaper policy. Drivers who shop around will most likely buy a new policy because there is a good chance of finding a cheaper policy. A recent car insurance study revealed that drivers who faithfully checked for cheaper rates saved $850 each year compared to other drivers who never shopped around for lower prices.

If finding the lowest rates on Dodge Avenger insurance in Anchorage is your goal, then understanding how to find and compare insurance coverage can make the process more efficient.

Insurance rates Dodge Avenger in AnchorageThe best way to find discount Dodge Avenger insurance is to begin comparing prices regularly from different companies that insure vehicles in Anchorage.

An important bit of advice to remember is to compare the same coverage limits and deductibles on each price quote and and to get rate quotes from as many auto insurance providers as possible. Doing this guarantees a fair rate comparison and and a good selection of different prices.

The intent of this article is to help educate you on the best methods to compare rates and some tricks to saving. If you currently have car insurance, you will be able to reduce premiums using the concepts you’re about to learn. Comparison shoppers just need to use the most effective way to compare prices over the internet.

How to compare Anchorage Dodge Avenger insurance quotes

Getting cheap Dodge Avenger car insurance pricing is an easy way to save money. The only requirement is to take a few minutes comparing rates from some recommended companies.

The car insurance companies shown below can provide comparison quotes in Anchorage, AK. If multiple companies are listed, we suggest you get rate quotes from several of them in order to get a fair rate comparison.

Dodge Avenger coverage statistics

The data table displayed below outlines a range of policy rates for Dodge Avenger models. Understanding more about how auto insurance prices are figured helps drivers make decisions on the best policy to buy.

Dodge Avenger Insurance Rates in Anchorage, AK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Avenger Express $180 $410 $322 $20 $96 $1,028 $86
Avenger R/T $180 $410 $322 $20 $96 $1,028 $86
Avenger SXT $180 $410 $322 $20 $96 $1,028 $86
Get Your Own Custom Quote Go

Data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Rate quotes do not factor in your specific Anchorage location which can affect insurance rates greatly.

Policy deductibles

One of the most common car insurance questions is how high should the deductibles for physical damage be. The tables below can help illustrate the difference in cost when you select higher and lower deductibles. The first rate comparisons uses a $100 physical damage coverage deductible and the second rate table uses a $1,000 deductible.

Dodge Avenger insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Avenger Express $234 $498 $308 $18 $92 $1,175 $98
Avenger R/T $234 $498 $308 $18 $92 $1,175 $98
Avenger SXT $234 $498 $308 $18 $92 $1,175 $98
Get Your Own Custom Quote Go

Dodge Avenger insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Avenger Express $130 $262 $308 $18 $92 $810 $68
Avenger R/T $130 $262 $308 $18 $92 $810 $68
Avenger SXT $130 $262 $308 $18 $92 $810 $68
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Rate information does not factor in garaging location in Anchorage which can revise price quotes significantly.

Using the data above, we can ascertain that using a $100 deductible would cost the average driver about $30 more each month or $360 for a full year averaged for all Avenger models than buying the higher $1,000 deductible. Because you would pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 30 months between claims, you would most likely save money if you choose a higher deductible. The table below shows an example of how you can do this calculation yourself.

Average monthly premium for $100 deductibles: $98
Average monthly premium for $1,000 deductibles (subtract): – $68
Monthly savings from raising deductible: $30
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $30
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 30 months

An important thing to remember is that raising deductibles to save money means you will have to pay more when you have a comprehensive or collision claim. That will require enough money put aside in order to pay the higher deductible.

The example below shows how choosing a deductible and can impact Dodge Avenger insurance rates for different insured age categories. The data assumes a married female driver, full coverage, and no discounts are applied.

Do you need full coverage?

The information below shows the comparison of Dodge Avenger car insurance costs with full physical damage coverage and with liability coverage only. The information is based on a clean driving record, no at-fault accidents, $500 deductibles, drivers are single, and no other discounts are factored in.

Guidelines for dropping full coverage

There is no definitive formula for eliminating full coverage, but there is a broad guideline. If the annual cost of your full coverage insurance is more than around 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s say your Dodge Avenger claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $4,000 after you pay the deductible. If premiums are more than $400 a year for comprehensive and collision coverage, then it could be time to drop full coverage.

There are some conditions where dropping physical damage coverage is not a good plan. If you still have a lienholder on your title, you are required to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should maintain full coverage.

Why you need quality insurance for your Avenger

Even though it can be expensive, maintaining insurance is mandatory in Alaska but it also protects more than you think.

The benefits of having insurance definitely exceed the cost, especially if you ever need it. As of last year, the average driver in Alaska overpays as much as $825 a year so we recommend shopping around each time the policy renews to save money.

Anchorage Insurance Rates are Influenced by These Factors

Many things are used in the calculation when pricing auto insurance. A few of the factors are predictable such as your driving history, but other criteria are less obvious such as your marital status or how safe your car is.

Shown below are some of the factors that factor into premiums.

Car insurance company ratings

Buying coverage from the best company can be challenging considering how many companies are available to choose from in Anchorage. The ranking information shown below can help you select which auto insurance companies to look at buying from.

Top 10 Anchorage Car Insurance Companies Ranked by Claims Service

  1. State Farm
  2. Esurance
  3. AAA Insurance
  4. Progressive
  5. GEICO
  6. Liberty Mutual
  7. Allstate
  8. The Hartford
  9. The General
  10. Farmers Insurance

Top 10 Anchorage Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. The General
  8. Progressive
  9. Allstate
  10. Liberty Mutual

Find affordable auto insurance rates by comparing often

In this article, we presented a lot of techniques to find cheaper Dodge Avenger insurance in Anchorage. The most important thing to understand is the more price quotes you have, the better your chances of lowering your premium rates. You may even discover the best car insurance rates are with the smaller companies.

As you quote Anchorage auto insurance, you should never skimp on coverage in order to save money. There are too many instances where an accident victim reduced liability coverage limits and found out when filing a claim that the few dollars in savings costed them thousands. Your goal should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

People leave their current company for many reasons like lack of trust in their agent, not issuing a premium refund, delays in paying claims or even policy non-renewal. Regardless of your reason for switching companies, finding the right auto insurance provider is less work than it seems.

To read more, feel free to browse the articles below: