Insurance rates Chrysler 300 in ColumbiaSearching for the cheapest insurance for a new or used Chrysler 300 in South Carolina can normally be difficult, but you can use the following methods to find lower rates. There is a better way to buy auto insurance so we're going to tell you the absolute fastest way to price shop coverage on a Chrysler and locate the best price possible from Columbia insurance agents and online providers.

Lowering your auto insurance rates is actually easier than you may think. Consumers just need to invest a little time getting comparison quotes from some recommended companies.

The companies shown below are our best choices to provide free quotes in South Carolina. If multiple companies are listed, it's a good idea that you compare several of them to find the most affordable car insurance rates.

Chrysler 300 Insurance Rate Estimates in Columbia, SC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
300 Touring 4-Dr Sedan $286 $644 $386 $22 $116 $1,454 $121
300 Touring Plus 4-Dr Sedan $378 $624 $448 $26 $134 $1,610 $134
300 Touring AWD 4-Dr $378 $624 $448 $26 $134 $1,610 $134
300 S V6 4-Dr Sedan $324 $718 $412 $24 $124 $1,602 $134
300 Touring Signature 4-Dr Sedan $204 $406 $460 $28 $138 $1,236 $103
300 Touring Executive 4-Dr Sedan $256 $540 $386 $22 $116 $1,320 $110
300 Touring Signature AWD 4-Dr $246 $448 $352 $20 $106 $1,172 $98
300 Limited 4-Dr Sedan $308 $486 $448 $26 $134 $1,402 $117
300 C 4-Dr Sedan $234 $380 $448 $26 $134 $1,222 $102
300 S V8 4-Dr Sedan $368 $742 $460 $28 $138 $1,736 $145
300 Limited AWD 4-Dr $286 $620 $386 $22 $116 $1,430 $119
300 C AWD 4-Dr $158 $314 $320 $18 $96 $906 $76
300 SRT-8 4-Dr Sedan $420 $720 $448 $26 $134 $1,748 $146
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Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and South Carolina minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Rate information does not factor in Columbia location which can modify auto insurance rates greatly.

Cost comparison with and without full coverage

The chart below illustrates the comparison of Chrysler 300 auto insurance costs with full coverage compared to only the South Carolina minimum liability coverage. The information is based on no claims, a clean driving record, $500 deductibles, single male driver, and no discounts are applied.

Should you buy full coverage or liability only?

There is no exact formula to exclude physical damage insurance, but there is a broad guideline. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.

For example, let's pretend your Chrysler 300 replacement cost is $7,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $6,000 after paying your policy deductible. If premiums are more than $600 a year for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are a few cases where eliminating full coverage is not advised. If you still have a loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Three reasons to not skimp on car insurance

Even though Columbia 300 insurance rates can get expensive, car insurance is required by state law in South Carolina and it also provides benefits you may not be aware of.

The benefits of carrying adequate insurance are definitely more than the cost, particularly if you ever have a claim. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $810 a year so shop around once a year at a minimum to help ensure money is not being wasted.

Why You Might Pay Inflated Rates in Columbia

Many different elements are taken into consideration when pricing auto insurance. Some are obvious such as your driving record, although some other factors are more transparent like where you live or your commute time.

Lower rates by increasing deductibles - Coverage for physical damage, otherwise known as comp (or other than collision) and collision, covers your vehicle from damage. Examples of covered claims would be a dented fender, hitting a deer, and damage caused by flying debris. Your deductibles tell how much you are willing to pay if a claim is determined to be covered. The higher the amount you're willing to pay, the less your insurance will be.

Married drivers pay less - Having a significant other may save some money compared to being single. It translates into being more mature and statistics show married drivers tend to have fewer serious accidents.

Insurance prices are higher for high performance vehicles - The performance of the vehicle you are trying to find cheaper insurance for makes a huge difference in the rate you pay. Since the Chrysler 300 is considered a passenger car, insuring your vehicle will cost similar in price or lower when compared to the average rates in Columbia. Smaller low performance passenger models usually are quite affordable to insure, but your final cost has many other factors.

Continuous coverage saves money - Going without insurance is a quick way to drive up your policy premiums. Not only will rates go up, failure to provide proof of insurance will get you a hefty fine and possibly a revoked license. You may then have to submit proof of financial responsibility or a SR-22 with the South Carolina motor vehicle department to get your license reinstated.

Frequent insurance claims increase rates - Car insurance companies in South Carolina generally give cheaper rates to people who are not frequent claim filers. If you file a lot of claims you can pretty much guarantee either a policy non-renewal or much higher rates. Your insurance policy is intended for major claims that would cause financial hardship.

How do annual miles impact prices? - The more you drive each year the more you will pay for insurance. A lot of companies apply a rate partially by how you use the vehicle. Cars that do not get driven very much can get a lower rate than vehicles that have high annual mileage. A policy that improperly rates your 300 may be wasting your money. Make sure your vehicle rating correctly shows annual mileage, because it can save money.

Battle of the sexes - Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. The data does not necessarily mean that males are worse at driving than females. Both genders tend to get into auto accidents at a similar rate, but guys cause more damage and cost insurance companies more money. Not only are claims higher, but men receive more major tickets like DUI and reckless driving.

Lower rates come with age - Inexperience drivers are proven to be more careless when driving with friends and because of this, their insurance rates are much higher. Older drivers are shown to be more cautious, tend to cause fewer accidents, and usually have better credit.

Chrysler 300 claim data - Insurers include the past claim trends for vehicles to help determine the rate you pay. Vehicles that are shown to have higher loss trends will cost more for specific coverages. The table below illustrates the loss history for Chrysler 300 vehicles.

For each type of coverage, the loss probability for all vehicles, as a total average, is a value of 100. Numbers below 100 suggest a positive loss record, while values over 100 indicate more frequent losses or an increased likelihood of larger losses.

Chrysler 300 Insurance Loss Statistics

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Chrysler 300 2WD 115 103 178 134 136 114
Chrysler 300 4WD 109 100 206 113 96 104
Chrysler 300 HEMI 125 96 225 105 114 117
BETTER
AVERAGE
WORSE

Statistics from IIHS.org for 2013-2015 Model Years

Do you qualify for discounts?

Auto insurance is not cheap nor is it fun to buy but there could be available discounts that could help you make your next renewal payment. Some of these discounts will be visible when you quote, but less common discounts must be specially asked for prior to receiving the credit.Discount auto insurance

Drivers should understand that many deductions do not apply to the whole policy. A few only apply to the cost of specific coverages such as collision or personal injury protection. If you do the math and it seems like all those discounts means the company will pay you, it doesn't quite work that way.

Some of the insurance companies that possibly offer most of the discounts above may include but are not limited to:

Before buying, ask each company or agent which discounts they offer. Some of the earlier mentioned discounts might not be offered on policies in your state. For a list of companies that offer some of these discounts in Columbia, follow this link.

Auto insurance can be complex

When selecting coverage, there is no "perfect" insurance plan. Every situation is different.Auto insurance savings

These are some specific questions might point out if your situation would benefit from an agent's advice.

If it's difficult to answer those questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It's fast, doesn't cost anything and may give you better protection.

Insurance is available from local agents

Many drivers would rather get advice from a local agent and that can be a smart move Professional insurance agents can help you choose the best coverages and will help you if you have claims. One of the great benefits of comparing insurance online is you may find cheap insurance rates but still work with a licensed agent.

Insurance agency in ColumbiaBy using this short form, your insurance data is instantly submitted to insurance agents in Columbia who will give you quotes for your coverage. It simplifies rate comparisons since you won't have to contact any insurance agencies because prices are sent immediately to you. If you want to get a comparison quote from a particular provider, just navigate to their website and submit a quote form there.

Choosing the best insurer should include more criteria than just a cheap price quote. These are some valid questions you should ask.

Exclusive or Independent: There is a difference

If you want to buy insurance from an insurance agent, there are a couple of types of insurance agents to choose from. Insurance agencies are either independent or exclusive depending on the company they work for. Either one can sell insurance policies, but it's important to point out the difference between them since it may influence your selection of an agent.

Exclusive Insurance Agents

Exclusive agencies write business for a single company and examples are Allstate, State Farm and Farm Bureau. They are unable to give you multiple price quotes so they really need to provide good service. Exclusive agents are well trained on the products they sell and that can be a competitive advantage. A lot of people buy insurance from these agents mainly due to the brand name and the convenience of having all coverages with one company.

Below is a short list of exclusive insurance agents in Columbia that are able to give price quotes.

More Columbia agents

Independent Insurance Agencies

Independent insurance agents can sell policies from many different companies and that is an advantage because they can write policies with an assortment of companies enabling the ability to shop coverage around. If they find a cheaper price, the business is moved internally and you don't have to do anything.

When searching for an agent, you need to get some free quotes from a couple of independent agencies in order to compare the most rates. Most also write with additional companies that you may not be familiar with that may provide cheaper insurance rates.

The following are Columbia independent insurance agencies willing to provide price quotes.

More Columbia agents

Upon receiving acceptable answers as well as a affordable price, chances are good that you have found an insurance agent that is a good match to properly insure your vehicles. Just understand that it's your coverage and you can cancel your coverage whenever you wish so never assume that you are obligated to a specific agent for the full policy term.

Final considerations

In this article, we covered many tips how you can shop for Chrysler 300 insurance online. It's most important to understand that the more quotes you get, the more likely it is that you will get a better rate. You may even be surprised to find that the lowest premium rates come from a small mutual company.

Consumers leave their current company for any number of reasons including delays in paying claims, delays in responding to claim requests, unfair underwriting practices or being labeled a high risk driver. It doesn't matter why you want to switch finding the right car insurance provider is not as difficult as it may seem.

Some insurance companies may not have price quotes online and these smaller providers only sell through independent insurance agencies. Lower-priced Chrysler 300 insurance in Columbia is attainable on the web as well as from insurance agents, so you need to compare both to have the best selection.

Much more information about car insurance in South Carolina can be read at these links: