Save Money on Dodge Nitro Insurance in Lexington

Insurance quote for Dodge Nitro in LexingtonIt’s easy to assume that car insurance companies don’t want customers comparing rates. Consumers who perform rate comparisons will most likely buy a different policy because there are good odds of finding coverage at a cheaper rate. A study showed that people who shopped around annually saved approximately $860 a year compared to policyholders who never shopped around.

If finding the lowest rates on Dodge Nitro insurance is the reason you’re here, then having some insight into how to choose a company and compare insurance premiums can make shopping around easier.

If saving the most money is your goal, then the best way to get budget Dodge Nitro insurance in Lexington is to compare prices once a year from different companies who sell insurance in Kentucky.

Step 1: Take a little time to learn about what is in your policy and the changes you can make to prevent rate increases. Many things that drive up the price such as traffic violations, accidents, and a less-than-favorable credit score can be controlled by paying attention to minor details. This article provides tips to help prevent costly coverage and get discounts that may be available to you.

Step 2: Quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like GEICO or Allstate, while independent agents can quote rates from multiple companies.

Step 3: Compare the quotes to the premium of your current policy to see if a cheaper price is available. If you find a lower rate and make a switch, make sure coverage is continuous and does not lapse.

The key aspect of shopping around is to use similar coverage information on every price quote and and to get quotes from as many companies as possible. This helps ensure an apples-to-apples comparison and the best rate selection.

When comparing auto insurance rates, know that making a lot of price comparisons increases your odds of finding the best price. Some insurance companies are not set up to provide online price quotes, so you should also compare price quotes on coverage from those companies, too.

The providers in the list below are our best choices to provide comparison quotes in Lexington, KY. To locate the best auto insurance in Kentucky, we recommend you visit several of them in order to find the most affordable rates.

Rate information and statistics

The premium table below outlines estimates of insurance coverage prices for Dodge Nitro models. Learning more about how car insurance prices are figured is important for making smart policy decisions.

Dodge Nitro Insurance Rates in Lexington, KY
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Nitro Heat 2WD $124 $202 $380 $22 $114 $842 $70
Nitro SE 2WD $124 $202 $380 $22 $114 $842 $70
Nitro SE 4WD $142 $202 $380 $22 $114 $860 $72
Nitro SXT 2WD $142 $202 $380 $22 $114 $860 $72
Nitro Heat 4WD $142 $202 $380 $22 $114 $860 $72
Nitro Detonator 2WD $142 $246 $380 $22 $114 $904 $75
Nitro SXT 4WD $142 $246 $380 $22 $114 $904 $75
Nitro Shock 2WD $142 $246 $380 $22 $114 $904 $75
Nitro Detonator 4WD $142 $246 $380 $22 $114 $904 $75
Nitro Shock 4WD $160 $246 $380 $22 $114 $922 $77
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Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Prices do not factor in Lexington location which can raise or lower rates significantly.

Physical damage deductibles

The hardest decision when buying coverage is how high should your deductibles be. The data tables below may help to illustrate how much more rates are when you select higher and lower policy deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second set of prices uses a $500 deductible.

Dodge Nitro insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Nitro Heat 2WD $220 $350 $368 $22 $110 $1,095 $91
Nitro SE 2WD $220 $350 $368 $22 $110 $1,095 $91
Nitro SE 4WD $252 $350 $368 $22 $110 $1,127 $94
Nitro SXT 2WD $252 $350 $368 $22 $110 $1,127 $94
Nitro Heat 4WD $252 $350 $368 $22 $110 $1,127 $94
Nitro Detonator 2WD $252 $426 $368 $22 $110 $1,203 $100
Nitro SXT 4WD $252 $426 $368 $22 $110 $1,203 $100
Nitro Shock 2WD $252 $426 $368 $22 $110 $1,203 $100
Nitro Detonator 4WD $252 $426 $368 $22 $110 $1,203 $100
Nitro Shock 4WD $284 $426 $368 $22 $110 $1,235 $103
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Dodge Nitro insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Nitro Heat 2WD $178 $282 $368 $22 $110 $960 $80
Nitro SE 2WD $178 $282 $368 $22 $110 $960 $80
Nitro SE 4WD $206 $282 $368 $22 $110 $988 $82
Nitro SXT 2WD $206 $282 $368 $22 $110 $988 $82
Nitro Heat 4WD $206 $282 $368 $22 $110 $988 $82
Nitro Detonator 2WD $206 $342 $368 $22 $110 $1,048 $87
Nitro SXT 4WD $206 $342 $368 $22 $110 $1,048 $87
Nitro Shock 2WD $206 $342 $368 $22 $110 $1,048 $87
Nitro Detonator 4WD $206 $342 $368 $22 $110 $1,048 $87
Nitro Shock 4WD $232 $342 $368 $22 $110 $1,074 $90
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Rates do not factor in specific location information which can modify rates considerably.

Based on the data above, we can derive that using a $250 deductible will cost you approximately $13 more each month or $156 each year than quoting the higher $500 deductible. Since you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to go at a minimum 19 months between claims, you would probably be better off going with the higher deductible.

Calculate deductible break even point

Average monthly premium for $250 deductibles: $97
Average monthly premium for $500 deductibles (subtract): – $84
Monthly savings from raising deductible: $13
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $13
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

Tickets and at-fault accidents raise rates

The information below illustrates how speeding tickets and accident claims can impact Dodge Nitro auto insurance rates for different insured age categories. The premium estimates are based on a married male driver, full coverage, $250 deductibles, and no other discounts are factored in.

Dodge Nitro insurance rates by age and gender

The information below illustrates the comparison of Dodge Nitro car insurance costs for male and female drivers. The premium estimates are based on no claims or violations, comprehensive and collision coverage, $100 deductibles, marital status is single, and no additional discounts are factored in.

Auto insurance protects more than just your car

Even though Lexington Nitro insurance rates can get expensive, paying for auto insurance may be mandatory for several reasons.

The benefits of insuring your Nitro are without a doubt worth the cost, especially if you ever need it. Unknowingly, the average driver is currently overpaying as much as $825 a year so you should quote and compare rates once a year at a minimum to be sure current rates are still competitive.

How Your Nitro Insurance Rates are Determined

An important part of buying insurance is that you know some of the factors that go into determining the level of your policy premiums. If you have some idea of what determines premiums, this empowers consumers to make smart changes that can earn you cheaper rates. Multiple criteria are taken into consideration when quoting car insurance. Some of the criteria are obvious like a motor vehicle report, but other factors are less obvious like your vehicle usage or your financial responsibility.

Cheap Dodge Nitro insurance in Lexington

Insurance is not inexpensive, but you may find discounts to reduce the price significantly. Some trigger automatically when you purchase, but less common discounts must be specially asked for before you will receive the discount.Discount insurance

We need to note that most discounts do not apply to the whole policy. Some only apply to individual premiums such as physical damage coverage or medical payments. Despite the fact that it seems like you could get a free insurance policy, insurance companies aren’t that generous. But any discount will bring down your premiums.

The chart below illustrates the difference between Dodge Nitro insurance prices with and without discounts. The premium estimates are based on a female driver, no accidents or driving violations, Kentucky state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, claim-free, multi-policy, multi-car, and marriage discounts applied.

A few of the larger companies and a partial list of their discounts include:

If you are trying to find low cost Lexington auto insurance quotes, ask each company or agent the best way to save money. Savings might not apply in Lexington. If you would like to see a list of insurance companies that offer some of these discounts in Lexington, click here.

Car insurance agents can find coverage gaps

Some consumers still prefer to buy from a licensed agent and doing so can bring peace of mind An additional benefit of comparing rate quotes online is that drivers can save money and get lower rates and also buy local.

Find insurance agent in LexingtonUpon completion of this simple form, your coverage information is emailed to participating agents in Lexington that provide free Lexington auto insurance quotes for your coverage. There is no reason to leave your computer as quotes are delivered to the email address you provide. You can find the lowest rates and a licensed agent to work with. If you wish to get a comparison quote from one company in particular, feel free to search and find their rate quote page and complete a quote there.

Finding the right insurer requires more thought than just a cheap price. Get answers to these questions too.

What types of car insurance agents are in Lexington?

When finding a reliable agent, you must know there are a couple types of agencies and how they function. Car insurance policy providers can be categorized as either independent or exclusive.

Exclusive Insurance Agents

Exclusive insurance agents can only place business with one company and some examples include Allstate, State Farm and Farm Bureau. They are unable to compare other company’s rates so you need to shop around if the rates are high. These agents receive a lot of sales training in insurance sales and that allows them to sell at a higher price point. Many people buy from the same agent for years partially due to the brand rather than having low rates.

Below is a list of exclusive insurance agencies in Lexington that can give you price quote information.

More insurance agents

Independent Insurance Agents

Agents of this type are not employed by any specific company so they have the ability to put coverage with an assortment of companies depending on which coverage is best. If they find a lower price, your agent can just switch to a different company and you stay with the same agent.

If you are trying to find cheaper rates, you absolutely need to compare quotes from several independent insurance agents in order to have the best price comparison. Most can insure with small mutual carriers that can offer cheaper rates than bigger companies.

Shown below is a list of independent insurance agencies in Lexington willing to provide price quotes.

More insurance agents

After receiving reasonable responses to any questions you may have and an affordable coverage quote, you’ve probably found an insurance agency that can be trusted to properly service your car insurance policy.

Ratings for Kentucky car insurance companies

Buying coverage from a high-quality auto insurance provider is hard considering how many companies there are to choose from in Lexington. The rank data shown below can help you select which auto insurers you want to consider comparing rates with.

Top Car Insurance Companies in Lexington
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
American Family 91 86 95 83% A 89.7
Esurance 86 90 94 90% A+ 89.5
The General 86 93 89 84% A- 88.2
GEICO 79 89 95 87% A++ 87.8
21st Century 86 82 90 84% A 86.4
Liberty Mutual 79 87 95 78% A 85.3
Erie Insurance 87 84 85 85% A+ 85.3
Farmers Insurance 77 80 80 84% A 80.3
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Data Source: Best Car Insurance Companies

Find cheaper rates by being thorough

Some companies do not provide price quotes online and most of the time these small, regional companies prefer to sell through local independent agents. Cheaper Dodge Nitro insurance in Lexington is available from both online companies as well as from insurance agents, and you should be comparing both to have the best rate selection.

People who switch companies do it for many reasons like lack of trust in their agent, not issuing a premium refund, an unsatisfactory settlement offer and even high prices. Whatever your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

When trying to cut insurance costs, make sure you don’t buy lower coverage limits just to save a few bucks. There are many occasions where an insured dropped comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. Your goal is to purchase a proper amount of coverage at the best price while still protecting your assets.

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