Chrysler 300 Insurance Rates in Laredo

Insurance for Chrysler 300A recent survey discovered that most car insurance customers have stayed with the same insurance company for a minimum of four years, and nearly half have never compared rates with other companies. Laredo drivers can save about $1,800 each year by just comparing rate quotes, but they underestimate the amount of savings they would get if they just switched companies.

Really, the only way to save on Chrysler 300 insurance is to start doing an annual price comparison from providers who can sell car insurance in Laredo.

First, get a basic knowledge of auto insurance and the measures you can take to lower rates. Many policy risk factors that increase rates like at-fault accidents, careless driving, and a poor credit score can be remedied by making minor changes to your lifestyle. Read the full article for additional ideas to find cheap prices and find discounts that may have been missed.

Second, compare rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from a single company like Progressive and State Farm, while independent agents can quote prices for many different companies. View companies

Third, compare the quotes to your current policy to see if you can save by switching companies. If you can save money and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.

Fourth, provide notification to your current agent or company to cancel your current coverage and submit a completed application and payment to your new agent or company. Once the application is submitted, put the new certificate verifying coverage above your visor, in the console, or in the glove compartment.

An important note is to use similar deductibles and liability limits on each quote request and and to analyze as many companies as feasibly possible. This provides an apples-to-apples comparison and many rates to choose from.

Data for Chrysler 300 insurance

The coverage table shown below covers a range of insurance premium costs for Chrysler 300 models. Knowing how insurance quotes are figured can help guide drivers when making decisions on the best policy coverages.


Chrysler 300 Insurance Rates in Laredo, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
300 Touring 4-Dr Sedan $262 $462 $388 $24 $116 $1,252 $104
300 Touring Plus 4-Dr Sedan $262 $462 $388 $24 $116 $1,252 $104
300 Touring AWD 4-Dr $262 $462 $388 $24 $116 $1,252 $104
300 S V6 4-Dr Sedan $262 $462 $388 $24 $116 $1,252 $104
300 Touring Signature 4-Dr Sedan $262 $462 $388 $24 $116 $1,252 $104
300 Touring Executive 4-Dr Sedan $262 $462 $388 $24 $116 $1,252 $104
300 Touring Signature AWD 4-Dr $292 $532 $388 $24 $116 $1,352 $113
300 Limited 4-Dr Sedan $292 $532 $388 $24 $116 $1,352 $113
300 C 4-Dr Sedan $292 $532 $388 $24 $116 $1,352 $113
300 S V8 4-Dr Sedan $292 $532 $388 $24 $116 $1,352 $113
300 Limited AWD 4-Dr $292 $532 $388 $24 $116 $1,352 $113
300 C AWD 4-Dr $292 $532 $388 $24 $116 $1,352 $113
300 SRT-8 4-Dr Sedan $292 $532 $388 $24 $116 $1,352 $113
Get Your Own Custom Quote Go

Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Prices do not factor in your specific Laredo location which can raise or lower coverage rates greatly.

An analysis of deductible level

One of the most common insurance questions is where should you set your physical damage deductibles. The tables below summarize the rate difference when you choose different policy deductibles. The first table uses a $250 deductible for physical damage and the second set of rates uses a $1,000 deductible.


Chrysler 300 insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
300 Touring 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
300 Touring Plus 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
300 Touring AWD 4-Dr $332 $584 $382 $22 $114 $1,459 $122
300 S V6 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
300 Touring Signature 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
300 Touring Executive 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
300 Touring Signature AWD 4-Dr $370 $672 $382 $22 $114 $1,585 $132
300 Limited 4-Dr Sedan $370 $672 $382 $22 $114 $1,585 $132
300 C 4-Dr Sedan $370 $672 $382 $22 $114 $1,585 $132
300 S V8 4-Dr Sedan $370 $672 $382 $22 $114 $1,585 $132
300 Limited AWD 4-Dr $370 $672 $382 $22 $114 $1,585 $132
300 C AWD 4-Dr $370 $672 $382 $22 $114 $1,585 $132
300 SRT-8 4-Dr Sedan $370 $672 $382 $22 $114 $1,585 $132
Get Your Own Custom Quote Go

Chrysler 300 insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
300 Touring 4-Dr Sedan $206 $368 $382 $22 $114 $1,092 $91
300 Touring Plus 4-Dr Sedan $206 $368 $382 $22 $114 $1,092 $91
300 Touring AWD 4-Dr $206 $368 $382 $22 $114 $1,092 $91
300 S V6 4-Dr Sedan $206 $368 $382 $22 $114 $1,092 $91
300 Touring Signature 4-Dr Sedan $206 $368 $382 $22 $114 $1,092 $91
300 Touring Executive 4-Dr Sedan $206 $368 $382 $22 $114 $1,092 $91
300 Touring Signature AWD 4-Dr $228 $424 $382 $22 $114 $1,170 $98
300 Limited 4-Dr Sedan $228 $424 $382 $22 $114 $1,170 $98
300 C 4-Dr Sedan $228 $424 $382 $22 $114 $1,170 $98
300 S V8 4-Dr Sedan $228 $424 $382 $22 $114 $1,170 $98
300 Limited AWD 4-Dr $228 $424 $382 $22 $114 $1,170 $98
300 C AWD 4-Dr $228 $424 $382 $22 $114 $1,170 $98
300 SRT-8 4-Dr Sedan $228 $424 $382 $22 $114 $1,170 $98
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Rate information does not factor in specific zip code location which can raise or lower auto insurance rates significantly.

We can estimate from the data above that using a $250 deductible will cost you about $32 more each month or $384 each year across all Chrysler 300 models than quoting the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to average more than 23 months between claims, you would more than likely save some money by going with a higher deductible. Here is the way you can make your own decision.

Average monthly premium for $250 deductibles: $127
Average monthly premium for $1,000 deductibles (subtract): – $95
Monthly savings from raising deductible: $32
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $32
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

One important issue to know is that increasing deductibles to lower your rates results in a higher out-of-pocket expense when you have a claim. That will necessitate some money saved in the event you need to pay more to get your vehicle repaired.

The illustration below shows how choosing a deductible and can increase or decrease Chrysler 300 insurance prices for different age groups of insureds. The price estimates are based on a single male driver, full physical damage coverage, and no other discounts are factored in.

Cost of full coverage in Laredo

The example below illustrates the comparison of Chrysler 300 premium costs with and without full coverage. The price estimates are based on no accidents, no driving violations, $250 deductibles, drivers are not married, and no other discounts are factored in.

When to drop full coverage

There is no clear-cut rule for dropping full coverage, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.

For example, let’s pretend your Chrysler 300 book value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $6,000 after you pay the deductible. If you are paying more than $600 a year for your policy with full coverage, then you might consider buying liability only.

There are some scenarios where only buying liability is not recommended. If you still owe a portion of the original loan, you have to keep full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.

How You Can Control Chrysler 300 Insurance Premiums

Many factors are taken into consideration when quoting car insurance. Some factors are common sense such as traffic violations, although some other factors are more transparent such as your marital status or your financial responsibility. One of the most helpful ways to save on car insurance is to to have a grasp of some of the factors that come into play when calculating car insurance rates. If you know what determines premiums, this enables informed choices that can help you get much lower annual insurance costs.

Laredo auto insurance companies

Insuring your vehicle with the best auto insurance provider can be challenging considering how many different companies insure vehicles in Laredo. The company information shown next can help you choose which companies you want to consider shopping prices with.

Top 10 Laredo Car Insurance Companies Ranked by Value

  1. Mercury Insurance
  2. Travelers
  3. American Family
  4. AAA Insurance
  5. Safeco Insurance
  6. Progressive
  7. The Hartford
  8. The General
  9. 21st Century
  10. Esurance

Top 10 Laredo Car Insurance Companies Ranked by Claims Service

  1. Travelers
  2. Nationwide
  3. Allstate
  4. State Farm
  5. Liberty Mutual
  6. GEICO
  7. American Family
  8. Esurance
  9. Titan Insurance
  10. AAA Insurance

Cheaper insurance is a realistic goal

When you buy Laredo auto insurance online, it’s a bad idea to skimp on critical coverages to save a buck or two. Too many times, an insured dropped comprehensive coverage or liability limits only to discover later that the few dollars in savings costed them thousands. Your objective should be to buy the best coverage you can find for the lowest price, but do not skimp to save money.

Some insurance companies may not provide online quoting and usually these small, regional companies prefer to sell through independent agencies. Budget-friendly insurance in Laredo can be bought on the web and also from your neighborhood Laredo agents, so you need to compare both in order to have the best chance of saving money.

Much more information about insurance in Texas is located at these links: