How to Compare Albuquerque Chrysler PT Cruiser Insurance

Discount Chrysler PT Cruiser insuranceIf saving money is your primary concern, then the best way to quote cheaper Chrysler PT Cruiser insurance is to start doing a yearly price comparison from different companies who provide auto insurance in Albuquerque.

One thing to remember is that you’ll want to compare similar limits and deductibles on each quote and and to look at as many carriers as you can. Doing this helps ensure a level playing field and a complete price analysis.

It’s an obvious assumption that insurance companies don’t want policyholders to shop around. Drivers who compare other prices are inclined to buy a different policy because of the good chance of finding discount prices. Remarkably, a study showed that consumers who regularly compared price quotes saved on average $850 each year compared to those who don’t regularly compare prices.

If finding low prices for Chrysler PT Cruiser insurance in Albuquerque is why you’re reading this, understanding how to choose a company and compare auto insurance can save time and make the process easier.

Finding the cheapest car insurance coverage in Albuquerque is much easier if you know where to start. If you have insurance now or are just looking to switch companies, you can use this information to find the best rates without reducing protection. Consumers just need to know the fastest way to get comparison rates from many different companies.

Chrysler PT Cruiser insurance coverage information

The coverage table shown below showcases a range of insurance prices for Chrysler PT Cruiser models. Learning as much as possible about how insurance quotes are determined can help guide drivers when making decisions when choosing a new policy provider.

Chrysler PT Cruiser Insurance Rates in Albuquerque, NM
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
PT Cruiser 2WD 4-Dr $208 $404 $288 $18 $86 $1,004 $84
PT Cruiser 2WD 4-Dr $208 $404 $288 $18 $86 $1,004 $84
Get Your Own Custom Quote Go

Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and New Mexico minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Prices do not factor in vehicle location which can revise rates greatly.

Should you raise deductibles?

One of the more difficult decisions when buying car insurance is which comprehensive and collision deductibles to buy. The rates shown below illustrate the rate fluctuation of buying low and high physical damage coverage deductibles. The first table uses a $100 deductible for physical damage and the second rate chart uses a $1,000 deductible.

Chrysler PT Cruiser insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
PT Cruiser 2WD 4-Dr $242 $412 $274 $16 $82 $1,051 $88
PT Cruiser 2WD 4-Dr $242 $412 $274 $16 $82 $1,051 $88
Get Your Own Custom Quote Go

Chrysler PT Cruiser insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
PT Cruiser 2WD 4-Dr $134 $216 $274 $16 $82 $722 $60
PT Cruiser 2WD 4-Dr $134 $216 $274 $16 $82 $722 $60
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and New Mexico minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Prices do not factor in the specific area where the vehicle is garaged which can affect auto insurance rates significantly.

Based on this data, using a $100 deductible costs about $28 more each month or $336 each year than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have at least 32 months between claims, you would probably be better off if you decide on a higher deductible.

The chart below demonstrates how deductible levels and can impact Chrysler PT Cruiser insurance premiums for each age group. The prices are based on a married female driver, full coverage, and no policy discounts are applied.

Impact of citations and accidents on insurance rates

The chart below shows how speeding tickets and fender-benders can drive up Chrysler PT Cruiser yearly insurance costs for different age groups. The rate quotes are based on a married female driver, full physical damage coverage, $100 deductibles, and no discounts are applied.

Get Chrysler PT Cruiser Insurance for Less

Lots of factors are part of the equation when you quote your car insurance policy. Some are pretty understandable such as your driving history, but others are more obscure like where you live or your financial responsibility.

The items below are a partial list of the pieces used by your company to calculate premiums.

Keep car insurance claims to a minimum – If you are the type of insured that files lots of claims you can look forward to either a policy non-renewal or much higher rates. Insurance companies in New Mexico give better rates to policyholders who are claim-free. Your car insurance is intended for claims that pose a financial burden.

Lower rates by increasing deductibles – Physical damage deductibles tell how much the insured will be required to pay in the event of a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. A few examples of covered claims are a windshield broken by a bird, hail damage, or theft of your vehicle. The more damage repair cost the insured has to pay upfront, the bigger discount you will receive.

Defend yourself with liability protection – The liability section of your policy is the coverage that protects you in the event that a court rules you are at fault for causing personal injury or damage in an accident. Your liability coverage provides for a legal defense to defend your case. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.

Your vocation is a factor – Occupational choices like doctors, executives, and stock brokers tend to pay higher rates than average due to high stress and incredibly demanding work hours. Other occupations such as professors, students and retirees pay lower than average rates.

Being married reduces risk – Having a wife or husband may cut your premiums on car insurance. Having a significant other is viewed as being more mature than a single person it has been statistically shown that drivers who are married file infrequent claims.

Performance influences insurance rates – The performance level of the car or truck you own makes a significant difference in how high your rates are. The lowest premiums are for the lowest performance passenger cars, but there are many factors that impact the final cost.

The following data uses these variables: married female driver age 50, full coverage with $500 deductibles, and no discounts or violations. It compares Chrysler PT Cruiser insurance rates compared to other models of vehicles that have a range of performance rating factors.

Multiple policies with one company can save – Lots of insurance companies apply lower prices to insureds who consolidate policies with them in the form of a multi-policy discount. Even though this discount sounds good, you may still want to compare Chrysler PT Cruiser rates in Albuquerque to verify if the discount is saving money. You may still be able to save even more than the discount by buying from different companies

Costs can change based on your address – Having an address in a small town is a positive aspect when talking about car insurance. People in densely populated areas have to deal with congested traffic and longer commutes to work. Fewer drivers on the road corresponds to lower accident rates in addition to fewer liability claims.

More comparisons equals cheap rates

You just learned some good ideas how to lower your Chrysler PT Cruiser insurance rates in Albuquerque. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may even be surprised to find that the lowest rates are with a company that doesn’t do a lot of advertising. These smaller insurers often have lower auto insurance rates on specific markets compared to the large companies like Allstate and Progressive.

Lower-priced Chrysler PT Cruiser insurance in Albuquerque is possible online and also from your neighborhood Albuquerque agents, so you need to quote Albuquerque auto insurance with both to have the best selection. Some insurance providers do not offer the ability to get quotes online and these regional carriers work with independent agents.

More articles