It takes a little time, but the best way to quote cheaper Dodge Viper insurance is to start comparing rates regularly from insurance carriers who sell auto insurance in Lexington. Prices can be compared by following these steps.
Step 1: Take a little time to learn about car insurance and the things you can control to prevent expensive coverage. Many things that result in higher rates like speeding tickets, accidents and poor credit history can be eliminated by making minor changes in your lifestyle.
Step 2: Quote rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give rate quotes from a single company like GEICO or State Farm, while independent agents can give you price quotes for many different companies. Find a Lexington insurance agent
Step 3: Compare the price quotes to your existing rates to see if a cheaper rate is available. If you find a lower rate quote, make sure there is no lapse in coverage.
Step 4: Give notification to your current company of your decision to cancel your current policy and submit a completed policy application and payment for the new coverage. Immediately put the new proof of insurance paperwork with your vehicle’s registration.
One piece of advice is to use similar deductibles and liability limits on each quote and to quote with as many auto insurance providers as possible. Doing this helps ensure the most accurate price comparison and the best price selection.
It’s safe to assume that auto insurance companies don’t want you comparing rates. Insureds who compare rates at least once a year are very likely to switch insurance companies because of the high probability of finding coverage at a cheaper rate. A recent survey revealed that consumers who routinely shopped for cheaper coverage saved an average of $3,450 over four years compared to people who didn’t regularly shop around.
If saving money on auto insurance is why you’re reading this, then learning about how to choose a company and compare coverage rates can help simplify the process.
Getting a cheaper price on insurance is an easy way to save money. Consumers just need to spend a few minutes comparing free Lexington car insurance quotes from online providers.
The car insurance companies shown below have been selected to offer price quotes in Kentucky. To buy the best cheap auto insurance in Lexington, it’s highly recommended you compare several of them to get the best price comparison.
Dodge Viper insurance coverage information
The rate information displayed next outlines estimates of policy rates for Dodge Viper models. Understanding more about how insurance prices are figured can help you make decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Viper SRT/10 2-Dr Coupe | $284 | $656 | $314 | $18 | $94 | $1,366 | $114 |
| Viper SRT/10 2-Dr Roadster | $284 | $656 | $314 | $18 | $94 | $1,366 | $114 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Premium amounts do not factor in specific location information which can change premium rates noticeably.
The illustration below demonstrates how deductibles and can raise or lower Dodge Viper insurance costs for different age groups. The data is based on a single female driver, comprehensive and collision coverage, and no other discounts are factored in.
Rate comparison of male drivers versus female drivers
The illustration below shows the difference between Dodge Viper car insurance rates for male and female drivers. The costs are based on no claims or violations, full physical damage coverage, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.
Why you need quality insurance for your Dodge Viper
Despite the high insurance cost for a Dodge Viper in Lexington, paying for auto insurance is most likely required but also gives you several important benefits.
- Most states have compulsory liability insurance requirements which means you are required to carry a specific minimum amount of liability protection in order to be legal. In Kentucky these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you took out a loan on your Dodge Viper, almost all lenders will force you to have insurance to protect their interest in the vehicle. If you let the policy lapse, the bank may buy a policy for your Dodge at a more expensive rate and force you to reimburse them the higher price.
- Auto insurance protects not only your car but also your financial assets. It will also cover medical transport and hospital expenses incurred in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, your policy will pay to have it repaired.
The benefits of buying auto insurance outweigh the cost, especially with large liability claims. In a recent study of 1,000 drivers, the average customer overpays as much as $855 a year so compare rate quotes every year to help ensure money is not being wasted.
Insurance policy discounts you can’t miss
Some insurance providers don’t always advertise every discount very clearly, so the list below details some of the best known and also the lesser-known discounts that may be available.
- Discount for New Cars – Adding a new car to your policy can save up to 30% because newer models have to meet stringent safety requirements.
- Lexington Homeowners Pay Less – Simply owning a home can save a few bucks because owning a home means you have a higher level of financial diligence.
- Discounts for Good Drivers – Drivers without accidents could pay up to 40% less compared to rates paid by drivers with frequent claims.
- Include Life Insurance and Save – Insurance companies who offer life insurance give lower rates if you buy some life insurance too.
- Senior Citizens – If you’re over the age of 55, you may receive a slight reduction on a Lexington car insurance quote.
A quick disclaimer, most discounts do not apply to all coverage premiums. Most only apply to specific coverage prices like liability and collision coverage. Just because you may think adding up those discounts means a free policy, company stockholders wouldn’t be very happy.
The information below shows the difference between Dodge Viper insurance prices with and without discounts applied to the premium. The rates are based on a female driver, no accidents, no driving violations, Kentucky state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, safe-driver, homeowner, multi-car, and multi-policy discounts applied.
Some companies that have these discounts may include but are not limited to:
Double check with each insurance company which discounts you qualify for. All car insurance discounts might not be available to policyholders in your area.
Getting quotes from local Lexington auto insurance agents
Certain consumers still prefer to have an agent’s advice and that is just fine! Professional insurance agents will help you protect your assets and help submit paperwork. One of the benefits of comparing rates online is you can get better rates but still work with a licensed agent.
To make it easy to find an agent, after completing this short form, your coverage information is emailed to companies in Lexington that can provide free Lexington car insurance quotes for your business. There is no need to search for an agent since price quotes are sent directly to your email. If you wish to compare rates from a specific insurance provider, just find their quoting web page and give them your coverage information.
Choosing an provider shouldn’t rely on just a cheap quote. The questions below may impact your decision as well.
- What company holds the largest book of business for them?
- Do the companies they represent have a solid financial rating?
- How many years have they been established?
- Can you contact them at any time?
- What is the agency’s Better Business Bureau rating?
If you’re trying to find a reputable agency, it can be helpful to understand the different agency structures and how they work. Insurance policy providers can either be exclusive or independent (non-exclusive). Both types can sell and service insurance coverage, but it is a good idea to know why they differ because it can influence which agent you choose.
Exclusive Agencies
Agents that elect to be exclusive can only write with one company and some examples include Allstate, State Farm and Farm Bureau. They usually cannot place coverage with different providers so they really need to provide good service. Exclusive insurance agents are very knowledgeable on the products they sell and that allows them to sell at a higher price point. Consumers sometimes use the same agent mainly due to high brand loyalty rather than low price.
The following are exclusive insurance agents in Lexington willing to provide comparison quotes.
- State Farm: Bethany Hicks
1050 Chinoe Rd #100 – Lexington, KY 40502 – (859) 264-0246 – View Map - Joe Daugherty – State Farm Insurance Agent
651 Perimeter Dr Ste 204 – Lexington, KY 40517 – (859) 269-4990 – View Map - State Farm – Bob Pitman
851 Corporate Dr Ste 200 – Lexington, KY 40503 – (859) 223-1191 – View Map
Independent Insurance Agents
Independent agencies are not restricted to one company and that is an advantage because they can write policies through lots of different companies and possibly get better coverage at lower prices. If they quote lower rates, they simply switch companies in-house and you won’t have to switch agencies. When shopping rates, we highly recommend that you get some free quotes from a few independent agents to get the most accurate price comparison. Most also write with mutual insurance companies that many times have cheaper rates.
Listed below are Lexington independent agencies who can help you get rate quotes.
- Heritage Insurance Agency
3306 Clays Mill Rd #106 – Lexington, KY 40503 – (859) 219-1122 – View Map - Blue Grass Insurance
2560 Richmond Rd # 200 – Lexington, KY 40509 – (859) 543-0050 – View Map - Keystone Sills Insurance Agency
210 Malabu Dr – Lexington, KY 40502 – (859) 276-1881 – View Map
Information about specific coverages
Learning about specific coverages of your policy aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.
Comprehensive insurance – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims such as damage from a tornado or hurricane, a tree branch falling on your vehicle and fire damage. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since many Kentucky drivers have only the minimum liability required by law (25/50/10), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as X-ray expenses, EMT expenses and pain medications. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage
Collision coverage – This coverage will pay to fix damage to your Viper caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision can pay for claims like crashing into a building, hitting a parking meter, colliding with another moving vehicle, damaging your car on a curb and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to choose a higher deductible on your Viper in order to get cheaper collision rates.
Auto liability insurance – Liability insurance will cover damage or injury you incur to other people or property in an accident. This insurance protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/10 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $10,000.
Liability coverage pays for things such as pain and suffering, funeral expenses, bail bonds and emergency aid. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford. Kentucky state law requires minimum liability limits of 25/50/10 but you should consider buying more coverage.
The illustration below shows why buying minimum limits may not provide you with enough coverage.
Ratings for Kentucky car insurance companies
Finding a highly-rated insurer can be challenging considering how many different companies there are to choose from in Kentucky. The information in the next section may help you select which coverage providers to look at comparing prices from.
Top 10 Lexington Car Insurance Companies Overall
- Travelers
- USAA
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
- American Family
Top 10 Lexington Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Erie Insurance – A+
- Esurance – A+
- Progressive – A+
- Nationwide – A+
- The Hartford – A+
- Allstate – A+
What is YOUR best insurance company?
Cheaper car insurance in Lexington is definitely available on the web in addition to many Lexington insurance agents, so you need to quote Lexington car insurance with both to have the best rate selection. Some car insurance companies do not provide rate quotes online and many times these small, regional companies sell through independent agents.
People switch companies for a variety of reasons including poor customer service, delays in responding to claim requests, not issuing a premium refund and even lack of trust in their agent. Regardless of your reason, finding the right car insurance provider is less work than it seems.
We just showed you quite a bit of information on how to lower your Dodge Viper insurance rates in Lexington. The key concept to understand is the more providers you compare, the better your chances of lowering your auto insurance rates. Drivers may even discover the lowest rates are with an unexpected company.
Additional information can be found at the links below
- Auto Insurance Learning Center (State Farm)
- Who Has the Cheapest Car Insurance Quotes for a Jeep Wrangler in Lexington? (FAQ)
- How Much are Car Insurance Quotes for a Jeep Grand Cherokee in Lexington? (FAQ)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Booster Seat Ratings (iihs.org)
- Vehicle Insurance in the U.S. (Wikipedia)