Are you burned out from wondering where the money will come from to make your car insurance payment? You are in the same boat as many other Texas drivers.
Inconceivable but true, almost 70% of drivers have remained with the same car insurance company for four years or more, and practically 40% of car insurance customers have never shopped around. The average driver in San Antonio could save approximately $1,766 a year just by getting comparison quotes, but they just don't understand how easy it is to find lower-cost rates by getting comparison quotes.
Numerous insurance companies battle to insure your vehicles, and because of this it can be hard to compare insurers and uncover the absolute lowest cost out there.
Best Chrysler 300 insurance rate quotes in Texas
The companies in the list below have been selected to offer comparison quotes in Texas. If your goal is to find cheap auto insurance in San Antonio, we suggest you get rate quotes from several of them to find the most competitive auto insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|300 Touring 4-Dr Sedan||$362||$802||$462||$28||$138||$1,792||$149|
|300 Touring Plus 4-Dr Sedan||$234||$368||$500||$30||$150||$1,282||$107|
|300 Touring AWD 4-Dr||$228||$452||$514||$30||$154||$1,378||$115|
|300 S V6 4-Dr Sedan||$322||$572||$388||$24||$116||$1,422||$119|
|300 Touring Signature 4-Dr Sedan||$270||$472||$382||$22||$114||$1,260||$105|
|300 Touring Executive 4-Dr Sedan||$284||$580||$358||$22||$108||$1,352||$113|
|300 Touring Signature AWD 4-Dr||$422||$672||$500||$30||$150||$1,774||$148|
|300 Limited 4-Dr Sedan||$196||$436||$430||$26||$128||$1,216||$101|
|300 C 4-Dr Sedan||$178||$360||$366||$22||$110||$1,036||$86|
|300 S V8 4-Dr Sedan||$232||$450||$358||$22||$108||$1,170||$98|
|300 Limited AWD 4-Dr||$224||$486||$462||$28||$138||$1,338||$112|
|300 C AWD 4-Dr||$294||$624||$462||$28||$138||$1,546||$129|
|300 SRT-8 4-Dr Sedan||$354||$788||$400||$24||$120||$1,686||$141|
|Get Your Own Custom Quote Go|
Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Price estimates do not factor in vehicle garaging location which can change premiums greatly.
Impact of speeding/accidents on auto insurance rates
The diagram below shows how speeding tickets and at-fault claims can increase Chrysler 300 insurance costs for different age groups. Data assumes a married male driver, full coverage, $250 deductibles, and no other discounts are factored in.
Should you buy full coverage?
The diagram below shows the difference between Chrysler 300 car insurance costs with full physical damage coverage compared to only buying liability only. The premiums assume no violations or claims, $500 deductibles, single male driver, and no discounts are factored in.
When to stop paying for full coverage
There is no specific rule to stop paying for comp and collision coverage, but there is a broad guideline. If the yearly cost for physical damage coverage is about 10% or more of replacement cost minus your deductible, then it may be the right time to buy liability only.
For example, let's assume your Chrysler 300 settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $7,000 after you pay the deductible. If premium cost is more than $700 a year for your policy with full coverage, then it's probably a good time to buy liability coverage only.
There are a few situations where removing full coverage is not advised. If you still owe a portion of the original loan, you have 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 keep full coverage in place.
Cheaper Chrysler 300 insurance rates in San Antonio
Car insurance companies don't always advertise every discount they offer very clearly, so the list below details a few of the more common and also the lesser-known credits available to you. If you're not getting every credit possible, you are not getting the best rate possible.
- Drive Less and Save - Fewer annual miles on your Chrysler can qualify you for lower car insurance rates on the low mileage vehicles.
- Responsible Drivers - Drivers who don't get into accidents could pay up to 40% less compared to accident prone drivers.
- Multiple Cars - Insuring all your vehicles with one company can reduce rates for all insured vehicles.
- Anti-lock Brake System - Cars, trucks, and SUVs with ABS and/or traction control can reduce accidents and qualify for as much as a 10% discount.
- Renewal Discounts - Some companies reward drivers for renewing your policy before your current coverage expires. It can save you around 10%.
- Multi-line Discount - Some companies give lower rates if you buy some life insurance too.
- Student Discount for Driver Training - Reduce the cost of insurance for teen drivers by having them take driver's ed class if offered at their school.
- E-sign - A handful of car insurance companies will discount your bill up to fifty bucks for signing up on their website.
- Multiple Policy Discount - If you have multiple policies and place coverage with the same company you may earn over 10 percent off each policy depending on the company.
- Telematics Data - Insureds that choose to allow companies to monitor where and when they drive by installing a telematics device like Allstate's Drivewise could see a rate decrease as long as the data is positive.
One thing to note about discounts is that most discounts do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as liability and collision coverage. So even though it sounds like all those discounts means the company will pay you, it's just not the way it works.
Insurance companies that have some of the discounts shown above include:
If you need lower rates, check with each company how you can save money. Some discounts might not be offered in San Antonio. If you would like to see a list of companies that offer some of these discounts in San Antonio, click here to view.
Insurance agent or online?
A lot of people would prefer to talk to an insurance agent and often times that is recommended A good thing about comparing rates online is you may find the best rates but still work with a licensed agent. Buying from and supporting local agencies is especially important in San Antonio.
To find an agent, once you fill out this quick form, your information is emailed to insurance agents in San Antonio that give free quotes for your business. There is no need to drive around because quoted prices will be sent directly to your email. You can get cheaper car insurance rates AND a local agent. If you want to get a rate quote from one company in particular, just navigate to their website to submit a rate quote request.
When narrowing the list to find a local insurance agency, it can be helpful to understand the different types of agents and how they operate. Insurance agencies in San Antonio are considered either exclusive or independent (non-exclusive).
Independent Car Insurance Agencies or Brokers
Agents in the independent channel do not sell for just one brand and that allows them to write policies through many companies enabling the ability to shop coverage around. If they find a cheaper price, they simply switch companies in-house which requires no work on your part.
When shopping rates, we recommend you include several independent agencies in order to have the best price comparison.
Listed below are San Antonio independent agencies who can help you get free car insurance rate quotes.
These agents can only quote rates from one company and examples are Allstate, Farmers Insurance, State Farm, and AAA. They usually cannot compare other company's rates so they have to upsell other benefits. Exclusive agents receive extensive training on their company's products which helps offset the inability to provide other markets.
Listed below are exclusive agencies in San Antonio that can give you rate quotes.
Finding a good insurance agent requires you to look at more than just a cheap price. Any agent in San Antonio should have no problem answering these questions:
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Will you get a loaner vehicle if you car is being repaired?
- Will one accident increase rates?
- Is the agent CPCU or CIC certified?
- When do they do a full risk review?
- Which companies do they recommend if they are an independent agency?
Compare. Compare. Compare.
Some insurance companies do not offer price quotes online and usually these small, regional companies sell through independent agents. The cheapest Chrysler 300 insurance in San Antonio can be found online in addition to local insurance agencies, so compare prices from both in order to have the best price selection to choose from.
As you restructure your insurance plan, never buy poor coverage just to save money. There have been many situations where an insured dropped liability limits or collision coverage only to regret they didn't purchase enough coverage. Your aim should be to buy a smart amount of coverage at the best price, but don't skip important coverages to save money.
In this article, we covered a lot of ways to find affordable Chrysler 300 insurance in San Antonio. The key thing to remember is the more times you quote, the higher the chance of saving money. Consumers could even find that the lowest priced insurance comes from a smaller regional carrier. Smaller companies can often insure niche markets at a lower cost as compared to the big name companies such as Progressive or GEICO.
For more information, take a look at these articles:
- Airbag FAQ (iihs.org)
- Who Has Cheap Texas Auto Insurance Rates for a Learners Permit? (FAQ)
- What is the Best Auto Insurance in San Antonio, TX? (FAQ)
- How Much is Texas Auto Insurance for Drivers with Good Credit? (FAQ)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Collision Coverage (Liberty Mutual)