The best way we recommend to find low-cost auto insurance rates is to start doing an annual price comparison from providers that insure vehicles in Cleveland.
First, take a little time to learn about what coverages are included in your policy and the measures you can control to keep rates in check. Many rating factors that cause rate increases like speeding tickets, accidents and a less-than-favorable credit history can be eliminated by making minor changes in your lifestyle.
Second, compare prices from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only provide price estimates from a single company like GEICO and State Farm, while agents who are independent can provide rate quotes from multiple insurance companies.
Third, compare the quotes to your existing coverage to see if cheaper 300 coverage is available in Cleveland. If you find a better price and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
A valuable tip to remember is to try to compare the same level of coverage on every quote request and and to get rate quotes from every insurance company. Doing this provides an apples-to-apples comparison and the most accurate and complete price analysis.
Unbelievably, 70% of consumers have remained with the same car insurance company for well over three years, and roughly 40% of drivers have never even shopped around for affordable coverage. U.S. drivers could save nearly $859 a year, but they don’t understand how simple it is to find affordable rates by getting comparison quotes.
If you are already insured or just want cheaper rates, you can follow these tips to shop for the lowest rates and still have adequate protection. The goal of this article is to let you in on the best methods to compare rates and some tips to save money. Drivers just have to use the most effective way to shop over the internet.
Companies offering Chrysler 300 insurance in Ohio
The companies shown below are our best choices to provide quotes in Ohio. To locate the best car insurance in Cleveland, it’s a good idea that you visit as many as you can to get the best price comparison.
Chrysler 300 insurance rates and statistics
The price information displayed below covers estimates of insurance rates for Chrysler 300 models. Being aware of how car insurance prices are established is important for you to make smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $216 | $478 | $274 | $16 | $82 | $1,066 | $89 |
| 300 Touring Plus 4-Dr Sedan | $216 | $478 | $274 | $16 | $82 | $1,066 | $89 |
| 300 Touring AWD 4-Dr | $216 | $478 | $274 | $16 | $82 | $1,066 | $89 |
| 300 S V6 4-Dr Sedan | $216 | $478 | $274 | $16 | $82 | $1,066 | $89 |
| 300 Touring Signature 4-Dr Sedan | $216 | $478 | $274 | $16 | $82 | $1,066 | $89 |
| 300 Touring Executive 4-Dr Sedan | $216 | $478 | $274 | $16 | $82 | $1,066 | $89 |
| 300 Touring Signature AWD 4-Dr | $240 | $550 | $274 | $16 | $82 | $1,162 | $97 |
| 300 Limited 4-Dr Sedan | $240 | $550 | $274 | $16 | $82 | $1,162 | $97 |
| 300 C 4-Dr Sedan | $240 | $550 | $274 | $16 | $82 | $1,162 | $97 |
| 300 S V8 4-Dr Sedan | $240 | $550 | $274 | $16 | $82 | $1,162 | $97 |
| 300 Limited AWD 4-Dr | $240 | $550 | $274 | $16 | $82 | $1,162 | $97 |
| 300 C AWD 4-Dr | $240 | $550 | $274 | $16 | $82 | $1,162 | $97 |
| 300 SRT-8 4-Dr Sedan | $240 | $550 | $274 | $16 | $82 | $1,162 | $97 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Table data does not factor in the specific area where the vehicle is garaged which can impact insurance rates noticeably.
Car insurance deductibles
One of the more difficult decisions when buying car insurance is where to set your physical damage deductibles. The rates shown below outline the difference in cost between low and high coverage deductibles. The first table uses a $100 deductible for physical damage and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| 300 Touring Plus 4-Dr Sedan | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| 300 Touring AWD 4-Dr | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| 300 S V6 4-Dr Sedan | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| 300 Touring Signature 4-Dr Sedan | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| 300 Touring Executive 4-Dr Sedan | $220 | $416 | $226 | $14 | $68 | $969 | $81 |
| 300 Touring Signature AWD 4-Dr | $246 | $478 | $226 | $14 | $68 | $1,057 | $88 |
| 300 Limited 4-Dr Sedan | $246 | $478 | $226 | $14 | $68 | $1,057 | $88 |
| 300 C 4-Dr Sedan | $246 | $478 | $226 | $14 | $68 | $1,057 | $88 |
| 300 S V8 4-Dr Sedan | $246 | $478 | $226 | $14 | $68 | $1,057 | $88 |
| 300 Limited AWD 4-Dr | $246 | $478 | $226 | $14 | $68 | $1,057 | $88 |
| 300 C AWD 4-Dr | $246 | $478 | $226 | $14 | $68 | $1,057 | $88 |
| 300 SRT-8 4-Dr Sedan | $246 | $478 | $226 | $14 | $68 | $1,057 | $88 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| 300 Touring 4-Dr Sedan | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| 300 Touring Plus 4-Dr Sedan | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| 300 Touring AWD 4-Dr | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| 300 S V6 4-Dr Sedan | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| 300 Touring Signature 4-Dr Sedan | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| 300 Touring Executive 4-Dr Sedan | $122 | $220 | $226 | $14 | $68 | $650 | $54 |
| 300 Touring Signature AWD 4-Dr | $136 | $252 | $226 | $14 | $68 | $696 | $58 |
| 300 Limited 4-Dr Sedan | $136 | $252 | $226 | $14 | $68 | $696 | $58 |
| 300 C 4-Dr Sedan | $136 | $252 | $226 | $14 | $68 | $696 | $58 |
| 300 S V8 4-Dr Sedan | $136 | $252 | $226 | $14 | $68 | $696 | $58 |
| 300 Limited AWD 4-Dr | $136 | $252 | $226 | $14 | $68 | $696 | $58 |
| 300 C AWD 4-Dr | $136 | $252 | $226 | $14 | $68 | $696 | $58 |
| 300 SRT-8 4-Dr Sedan | $136 | $252 | $226 | $14 | $68 | $696 | $58 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Premium amounts do not factor in your specific Cleveland location which can decrease or increase prices greatly.
Using the data above, we can ascertain that using a $100 deductible costs about $29 more each month or $348 each year than choosing the higher $1,000 deductible. Because you would pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average at least 31 months between claims, you would probably come out ahead if you opt for a higher deductible. The table below illustrates a better example of how you can make this decision for your own policy.
| Average monthly premium for $100 deductibles: | $85 |
| Average monthly premium for $1,000 deductibles (subtract): | – $56 |
| Monthly savings from raising deductible: | $29 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $29 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 31 months |
One important caveat is that raising deductibles means you will have to pay more when you have to file a claim. You need to have enough money in the bank in the event you have to pay the higher deductible.
Annual premiums comparing men and women in Cleveland
The example below illustrates the comparison of Chrysler 300 annual premium costs for male and female drivers. The prices are based on no violations or claims, full coverage, $500 deductibles, single marital status, and no policy discounts are applied.
Full coverage rates compared to liability-only
The diagram below shows the difference between Chrysler 300 car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Ohio. The premiums assume no claims or driving violations, $100 deductibles, single marital status, and no discounts are taken into consideration.
When to eliminate full coverage
There isn’t a written rule of when to eliminate physical damage coverage on your policy, but there is a general guideline. If the yearly cost of full coverage is more than 10% of replacement cost minus your deductible, then it might be time to buy liability only.
For example, let’s say your Chrysler 300 claim settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $2,000 after paying the physical damage deductible. If it’s costing you more than $200 a year for your policy with full coverage, then you might consider buying liability only.
There are some circumstances where only buying liability is not in your best interest. If you haven’t paid off your loan, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should keep full coverage on your policy.
Get cheaper rates by taking advantage of discounts
Some companies do not list every discount they offer in a way that’s easy to find, so the list below gives a summary of a few of the more common as well as some of the hidden credits available to you.
- Theft Deterrent – Cars and trucks equipped with anti-theft or alarm systems prevent vehicle theft and will save you 10% or more on 300 insurance in Cleveland.
- Fewer Miles Equal More Savings – Fewer annual miles on your Chrysler may enable drivers to earn slightly better prices than normal.
- Paperwork-free – A handful of auto insurance companies may give you up to $50 shop Cleveland car insurance digitally online.
- Waiver for an Accident – This isn’t a discount exactly, but companies like Allstate and State Farm permit an accident before hitting you with a surcharge if you have no claims for a set time period.
- Claim Free – Drivers with accident-free driving histories are rewarded with significantly better rates on Cleveland car insurance quote when compared to drivers with a long claim history.
- Driver’s Ed – Cut your cost by having your teen driver complete a driver education course in school or through a local driver safety program.
- Early Signing – A few insurance companies give discounts for buying a new policy before your current 300 insurance policy expires. It could save around 10% when you buy Cleveland car insurance online.
- Government Employees – Being employed by or retired from a federal job can earn a discount up to 10% with certain companies.
Discounts lower rates, but most discounts do not apply to all coverage premiums. Some only reduce specific coverage prices like collision or personal injury protection. So when the math indicates all those discounts means the company will pay you, companies wouldn’t make money that way.
The information below illustrates the comparison of Chrysler 300 insurance rates with and without discounts. The rates are based on a female driver, no accidents, no driving violations, Ohio state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, marriage, homeowner, safe-driver, and multi-policy discounts applied.
Popular auto insurance companies and a selection of discounts are shown below.
- State Farm offers premium reductions for passive restraint, multiple policy, safe vehicle, Drive Safe & Save, and student away at school.
- GEICO includes discounts for anti-lock brakes, military active duty, seat belt use, multi-vehicle, anti-theft, multi-policy, and federal employee.
- Progressive may offer discounts for continuous coverage, online quote discount, homeowner, good student, online signing, and multi-vehicle.
- 21st Century policyholders can earn discounts including student driver, good student, automatic seat belts, anti-lock brakes, early bird, and homeowners.
- American Family offers discounts including early bird, multi-vehicle, air bags, Steer into Savings, good driver, and mySafetyValet.
- The Hartford offers discounts for defensive driver, anti-theft, driver training, vehicle fuel type, air bag, good student, and bundle.
- AAA discounts include multi-policy, good driver, education and occupation, multi-car, and pay-in-full.
Double check with each insurance company which discounts can lower your rates. Discounts may not apply in your state.
Your auto insurance coverage should be tailored to you
Always keep in mind that when comparing the right insurance coverage for your vehicles, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs so this has to be addressed. Here are some questions about coverages that might point out if your insurance needs could use an agent’s help.
- How much will a speeding ticket raise my rates?
- What is high-risk coverage and where do I buy it?
- Do I have coverage if I rent a car in Mexico?
- What is covered by UM/UIM coverage?
- What can I do if my company denied a claim?
- How much cheaper are high deductibles?
- How can I get my company to pay me more for my totaled car?
- Does every company file a SR-22 automatically?
If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
Buying from auto insurance agents
A lot of people prefer to get advice from a local agent and we recommend doing that Insurance agents are highly skilled in risk management and give you someone to call. A good thing about price shopping on the web is you may find cheaper rates but still work with a licensed agent.
To find an agent, once you fill out this short form, your information is transmitted to local insurance agents who can give free rate quotes and help you find cheaper coverage. You don’t have to search for an agent due to the fact that quote results will go to the email address you provide. In the event you want to get a comparison quote from a specific insurance provider, just navigate to their website and submit a quote form there.
Finding a good insurer requires you to look at more than just the quoted price. Any good agent in Cleveland should know the answers to these questions.
- Does the agent recommend any additional coverage?
- Do they get extra compensation for selling add-on coverages?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Do they reduce claim amounts on high mileage vehicles?
- If your car is totaled, how to they determine the replacement cost?
- Do they have designations such as AIC, CPCU, or CIC?
- Are they properly licensed to sell insurance in Ohio?
How to choose the best car insurance agent in Cleveland
If you want to use a reputable insurance agent or broker, you must know there are a couple types of agencies and how they operate. Cleveland agents are categorized either independent (non-exclusive) or exclusive. Both can properly insure your vehicles, but it’s worth mentioning how they are different since it can affect your selection of an agent.
Exclusive Agencies
Agents that elect to be exclusive write business for a single company and examples are Farmers Insurance and State Farm. Exclusive agencies are unable to place coverage with different providers so you might not find the best rates. Exclusive agents receive a lot of sales training on their company’s products which helps offset the inability to provide other markets. Consumers often buy from exclusive agents primarily because of loyalty to the company and the convenience of having all coverages with one company.
Below are Cleveland exclusive agencies that can give you comparison quotes.
- Farmers Insurance – Earl Soroka
1621 Euclid Ave #408 – Cleveland, OH 44115 – (216) 452-0885 – View Map - Jinisha Patel – State Farm Insurance Agent
4342 Ridge Rd – Brooklyn, OH 44144 – (216) 741-6100 – View Map - Dick McClement – State Farm Insurance Agent
2700 W 25th St – Cleveland, OH 44113 – (216) 621-3723 – View Map
Independent Insurance Agencies
Agents that choose to be independent are not required to write business for one company and that enables them to quote your coverage through lots of different companies and find you cheaper rates. If they quote lower rates, they simply switch companies in-house and you stay with the same agent. If you need lower rates, you need to get quotes from independent agents so that you have a good selection of quotes to compare. Most can insure with lesser-known insurance companies which can save you money.
Listed below is a list of independent agents in Cleveland that can give you rate quotes.
- Phil Pavarini Insurance Agent * InsureCLE.com
2012 W 25th St #501 – Cleveland, OH 44113 – (216) 374-4500 – View Map - LEUSCH Insurance Services Agency, Inc. / INSURANCE CONCEPTS
16903 Fischer Rd – Lakewood, OH 44107 – (216) 228-3333 – View Map - Brown Brown Insurance Services
3691 Lee Rd #210 – Cleveland, OH 44120 – (216) 751-2713 – View Map
After getting satisfactory answers to these questions and locked in a price quote, you may have just found an auto insurance agent that will service your policy.
Cheaper auto insurance is out there
We covered many ideas to find cheaper Chrysler 300 insurance in Cleveland. It’s most important to understand that the more quotes you get, the better your comparison will be. Drivers may even discover the most savings is with a small mutual company. These companies may often insure only within specific states and give better rates than the large multi-state companies such as State Farm and Allstate.
Cost effective Chrysler 300 insurance can be bought on the web in addition to local insurance agencies, and you need to comparison shop both to get a complete price analysis. Some companies may not provide price quotes online and these regional insurance providers work with independent insurance agents.
More tips and info about auto insurance is available by following these links:
- Red Light Cameras (State Farm)
- Who Has Cheap Cleveland Auto Insurance Rates for Homeowners? (FAQ)
- Who Has Affordable Auto Insurance for a School Permit in Cleveland? (FAQ)
- What Insurance is Cheapest for Real Estate Agents in Cleveland? (FAQ)
- How Much are Cleveland Auto Insurance Rates for a Learners Permit? (FAQ)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Anti-Lock Brake FAQ (iihs.org)
- Get the Right Protection (InsureUonline.org)