Cheapest Rate Quotes for Chrysler Sebring Insurance in Austin

Comparing Austin auto insurance quotes online may appear to be difficult at first if you are one of the millions of people new to online car insurance quotes. But don’t be discouraged because finding affordable coverage for Chrysler Sebring insurance in Austin is easier than you think.

A recent survey discovered that a large majority of drivers have bought car insurance from the same company for at least the last four years, and just short of a majority have never compared rates from other carriers. Most drivers in Austin could save about $1,770 a year just by getting comparison quotes, but they don’t understand how simple it is to compare rates.

If you’re already insured, you stand a good chance to be able to find better prices using the concepts covered in this article. This information will familiarize you with how car insurance works and some tricks to saving. But Texas drivers can benefit from knowing how insurance companies price online insurance because it can help you find the best coverage.

Best Chrysler Sebring insurance prices in Texas

The following companies are our best choices to provide comparison quotes in Texas. If the list has multiple companies, it’s highly recommended you compare several of them to find the most competitive car insurance rates.

Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Prices do not factor in vehicle garaging location which can modify prices noticeably.

Physical damage deductibles

One of the more difficult decisions when buying auto insurance is the level to set your comp and collision deductibles. The data tables below outline the premium difference when you select higher and lower physical damage coverage deductibles. The first data set uses a $250 physical damage coverage deductible and the second set of rates uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Premium costs do not factor in specific zip code location which can impact coverage rates significantly.

Based on the above data, using a $250 deductible costs roughly $30 more each month or $360 annually than quoting the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 25 months between claim filings, you would more than likely save some money if you choose a higher deductible.

Should you buy full coverage?

The illustration below shows the difference between Chrysler Sebring yearly insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums are based on a clean driving record, no claims, $100 deductibles, married female driver, and no discounts are factored in.

When to eliminate full coverage

There is no clear-cut formula of when to exclude comp and collision coverage, but there is a general guideline. If the yearly cost of full coverage is 10% or more of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.

For example, let’s say your Chrysler Sebring replacement cost is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $5,000 after paying your deductible. If premiums are more than $500 a year to have 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 a good plan. If you haven’t satisfied your loan, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should keep full coverage in place.

Chrysler Sebring annual premiums for males versus females

The example below illustrates the difference between Chrysler Sebring insurance rates for male and female drivers. The premiums assume no claims or driving citations, full physical damage coverage, $1,000 deductibles, marital status is single, and no discounts are taken into consideration.

Discounts can help lower premiums on Chrysler Sebring insurance in Austin

Car insurance companies do not list the complete list of policy discounts very clearly, so below is a list some of the more common and also the lesser-known credits that may apply to you.

• Bundled Policy Discount – When you combine your auto and homeowners insurance and insure them with the same company you could get a discount of 10% to 20% off each policy.
• Responsible Driver Discounts – Insureds who avoid accidents can get discounts for up to 45% lower rates than drivers with accidents.
• Club Memberships – Being in a civic or occupational organization in Austin is a good way to get lower rates on your next car insurance statement.
• Multi-Vehicle Discounts – Insuring primary and secondary vehicles with the same company may reduce the rate for each vehicle.
• Safety Course Discount – Completing a course teaching defensive driving skills is a good idea and can lower rates and make you a better driver.
• Accident-Free Discounts – Claim-free drivers pay less as opposed to drivers with a long claim history.

Consumers should know that many deductions do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like comp or med pay. So even though you would think you would end up receiving a 100% discount, it’s just not the way it works.

Car insurance companies who may offer most of these discounts may include but are not limited to:

• 21st Century
• State Farm
• AAA
• Liberty Mutual
• Progressive

If you want low cost Austin auto insurance quotes, ask each company which discounts you may be entitled to. Some of the earlier mentioned discounts might not apply in Austin. If you would like to choose from a list of insurance companies with the best discounts in Austin, click this link.

Compare rates but work with a local neighborhood Austin car insurance agent

A lot of people prefer to sit down with an agent and often times that is recommended One of the benefits of comparing insurance prices online is that you can obtain the best rates and still have a local agent. And buying from local agents is definitely important in Austin.

To find an agent, once you fill out this quick form, your information is immediately sent to local insurance agents in Austin who want to provide quotes to get your business. There is no need to leave your house as quotes are delivered immediately to you. Get lower rates and a licensed agent to talk to. If you have a need to compare rates from a specific auto insurance provider, you would need to search and find their rate quote page and fill out their quote form.

Best car insurance agent in Austin

If you are searching for a reliable agent, you must know there are a couple different types of agencies and how they can service your needs differently. Auto insurance agencies can be described as either independent or exclusive.

Independent Auto Insurance Agencies

These agents are not employed by one company so they can insure your vehicles with many different companies and possibly get better coverage at lower prices. If prices rise, they simply move the coverage in-house and the insured can keep the same agent. When comparing rate quotes, you will want to get several quotes from several independent insurance agents to get the best comparison. Most have the option of insuring with smaller mutual companies that may have much lower rates than larger companies.

Listed below are Austin independent insurance agents who may provide free auto insurance quotes.

• Nationwide Insurance: Bill Russell Insurance Agency Inc
  9015 Mountain Ridge Dr #350 – Austin, TX 78759 – (512) 343-1106 – View Map
• Central Insurance Agency, Inc.
  6000 N Lamar Blvd – Austin, TX 78752 – (512) 451-6551 – View Map
• Lezam Insurance
  4301 W. William Cannon Dr., Ste. B-120 – Austin, TX 78749 – (512) 263-4333 – View Map

More insurance agents

Exclusive Agencies

These type of agents can only provide one company’s prices like Allstate, Farmers Insurance, State Farm, and AAA. They generally cannot compare other company’s rates so they are skilled at selling on more than just price. Exclusive insurance agents receive extensive training in insurance sales and that can be a competitive advantage. Some insured continue to choose to use an exclusive agent primarily because of loyalty to the company rather than having low rates.

Shown below are exclusive agencies in Austin that can give you comparison quotes.

• Bob Jennings – State Farm Insurance Agent
  4405 Pack Saddle Pass – Austin, TX 78745 – (512) 444-9671 – View Map
• State Farm: Dick Clay
  3006 Bee Cave Rd Suite B170 – Austin, TX 78746 – (512) 328-2340 – View Map
• Larry Evins – State Farm Insurance Agent
  4534 West Gate Blvd #202 – Austin, TX 78745 – (512) 327-0303 – View Map

More insurance agents

Picking the best insurance agency requires more thought than just a cheap price. These are some questions your agent should answer.

• Do they prorate repair cost based on vehicle mileage?
• If your car is in the repair shop, do you have coverage for a rental car?
• Do the agents have professional certifications like CPCU or CIC?
• Do they carry Errors and Omissions coverage?
• Do they feel the quoted coverages are adequate?
• Do they have any clout with companies to ensure a fair claim settlement?
• Do you work with a CSR or direct with the agent?

If you get good responses to your questions as well as the cheapest Chrysler Sebring insurance in Austin quotes, you may have just found an auto insurance agent that meets the criteria to provide auto insurance coverage.

Coverages available on your policy

Knowing the specifics of your policy helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be confusing and coverage can change by endorsement.

Liability insurance

This coverage will cover damages or injuries you inflict on people or other property that is your fault. It protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 30/60/25 which stand for $30,000 in coverage for each person’s injuries, a per accident bodily injury limit of $60,000, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as legal defense fees, medical expenses, attorney fees and court costs. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible. Texas requires minimum liability limits of 30/60/25 but you should think about purchasing more coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like dental work, hospital visits, chiropractic care, EMT expenses and funeral costs. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Auto collision coverage

Collision insurance covers damage to your Sebring from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as driving through your garage door, sideswiping another vehicle and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible on your Sebring in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hitting a bird, hail damage and theft. The most your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family and damage to your Chrysler Sebring.

Because many people only purchase the least amount of liability that is required (Texas limits are 30/60/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are set the same as your liability limits.

One last thing to lower rates

Drivers switch companies for a number of reasons such as delays in responding to claim requests, not issuing a premium refund, poor customer service or even being labeled a high risk driver. It doesn’t matter why you want to switch choosing a new insurance company is actually quite simple.

Lower-priced Chrysler Sebring insurance in Austin can be purchased from both online companies in addition to local insurance agencies, so you need to quote Austin auto insurance with both in order to have the best chance of saving money. A few companies may not provide online quoting and these regional insurance providers work with independent agencies.

When searching for affordable Austin auto insurance quotes, make sure you don’t skimp on critical coverages to save a buck or two. There are many occasions where an insured cut liability coverage limits only to regret that saving that couple of dollars actually costed them tens of thousands. Your objective should be to get the best coverage possible at the best price, but do not sacrifice coverage to save money.

To read more, take a look at these articles:

• Teen Driver Licensing Information (iihs.org)
• Who Has Affordable Austin Auto Insurance for Drivers Requiring a SR22? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for a Mazda CX-7 in Austin? (FAQ)
• Who Has Affordable Austin Car Insurance Quotes for 16 Year Olds? (FAQ)
• Who Has the Cheapest Austin Car Insurance for a Toyota Tacoma? (FAQ)
• Vehicle Insurance (Wikipedia)
• Side Impact Crash Tests (iihs.org)
• Collision Insurance Coverage (Nationwide)