The average cost of Dodge Challenger insurance is $2,345 per year or about $195 per month based on aggregated data. This is for what is considered a “full coverage” insurance policy, which includes comprehensive, collision, and liability coverage.
Keep in mind that car insurance rates tend to vary based on a number of factors, including where you live, your age and your driving history. Depending on these and other factors, you may find that Dodge Challenger insurance rates range from around $1,500 to $3,000 or more per year.
Let’s explore further the factors associated with Dodge Challenger insurance costs and how you can save on your automobile insurance rates.
See how much you can save on auto insurance
How much is Dodge Challenger insurance?
Contents
The average cost of insurance for Dodge Challengers is $2,345 per year, which is about $195 per month. On the same subject : 4 simple ways you can lower your car insurance. The average cost of car insurance for all vehicles is $1,535 per year, according to aggregated data, which equates to about $128 per month.
This means that, on average, you are paying about $810 more per year or about $67 more per month for Dodge Challenger car insurance compared to other vehicles. It’s a high figure, but you may see some variation in average rates depending on different factors, including how old your Challenger is, where you live, and your annual mileage.
We found that Dodge Challenger insurance rates ranged from around $1,500 to over $3,000 a year. You could easily fall somewhere within that range, but chances are you’ll also find cheaper or more expensive fares.
What factors determine Dodge Challenger insurance costs?
Car insurance rates vary based on two general sets of factors, including vehicle-specific features and universal factors that apply to everyone. This may interest you : Do you want to make your car insurance profitable? here’s everything you need to know.
Vehicle features
Here are some vehicle-specific features that may affect your car insurance costs: To see also : Educating Car Buyers To Reduce Insurance Costs.
A general rule of thumb is that more expensive vehicles will have higher insurance rates. This is because the insurer would typically have to pay more to repair or replace an expensive vehicle if it was involved in a covered event.
Some of the factors that affect the purchase price of a vehicle include its make and model, the engine size, the age of the vehicle, and the actual size of the vehicle. Newer models and larger vehicles are generally more expensive. And having a bigger engine can add to the overall price as well.
Also, a bigger engine can mean more power and higher overall speeds. This is seen as more risky for insurers because cars that can reach higher speeds are often associated with more infractions and accidents.
So if you look at different Dodge Challenger models and trim levels, you might expect the Dodge Challenger SRT Hellcat or Scat Pack trims to have higher insurance costs than the SXT. This is because the SRT Hellcat and Scat Pack trims are more expensive than the SXT.
It’s also important to consider your car’s safety features, safety ratings, and any potential safety issues. Cars with higher safety ratings may provide lower insurance rates because they may pose less risk to insurers. And certain safety features, like ABS brakes, may qualify you for a discount with different insurers.
You can check vehicle ratings on the Insurance Institute for Highway Safety (IIHS) website, which includes information on crash test ratings and other safety-related tests.
For safety questions or recalls, use the National Highway Traffic Safety Administration (NHTSA) website.
Universal factors
Here are some universal factors that can affect your car insurance costs:
Most car insurance quotes ask for certain information, including your age, gender, location, marital status, and more. These are common questions you should answer, and they can all affect your overall car insurance rates.
Unfortunately, you can’t control some of these factors, including your age and, to some extent, where you live. And the fact is, a teen driver will typically have higher rates than a 40-year-old driver with a clean driving record. You may also find that your insurance rates are higher if you live in a busy city compared to a suburban neighborhood.
But it is possible to have some sort of control over certain factors that affect your car insurance rates. For example, you can practice defensive driving habits and try to avoid infractions and accidents as much as possible. This can help you get a clean driving history, which is a big factor in determining your rates.
You can also select lower coverage limits and higher deductibles. This means you would have less overall financial protection if there was an accident, but you would also pay lower insurance premiums.
Remember that striking a balance between having enough coverage for your peace of mind and paying lower premiums is often a wise strategy. It makes sense to want more affordable rates, but having enough car insurance to protect you financially is also important.
How can you save on Dodge Challenger insurance?
Consider these tips to help save on Dodge Challenger car insurance costs:
Go with used vs. new
New cars almost certainly cost more than used cars of the same make and model. Knowing that more expensive cars tend to have higher insurance rates, it might make sense to look around for used cars if you want to find lower rates.
And if saving money is your top priority, simply choosing to buy a used Dodge Challenger over a new one can save thousands of dollars off the purchase price.
Don’t forget safety features
Many car insurers offer discounts if your vehicle has certain safety features or equipment installed. This could include daytime running lights, ABS brakes or an anti-theft system.
It’s common for many new vehicles to have these types of safety features installed, although you can also find many older models with ABS brakes. If you’re making a decision between buying a used vehicle or a new one, be sure to consider whether a car has specific safety features that can help lower your car insurance rates.
Consider your coverage limits and deductibles
There isn’t a right amount of car insurance coverage that works for everyone. Some people may want higher coverage limits to give them more peace of mind while driving. Others may prefer lower limits and higher deductibles because their premiums would be more affordable.
If you want the cheapest rates possible, choose the lowest coverage limits and highest deductibles. Better yet, remove any coverage or policy add-ons that are not needed in your state. Most states require some liability insurance, and some also require coverage for both insured and uninsured drivers.
But be aware that you could end up paying a lot more money than you save on premiums if you’re involved in an accident and don’t have enough insurance to cover the related expenses.
Look for discounts
Most car insurance companies offer different discounts to help lower car insurance rates. But not all companies offer the same type or number of discounts, so it’s up to you to research each vendor’s available discounts.
Here are some common car insurance discounts:
Practice safe driving habits
One of the factors that have a big impact on the cost of your insurance is your driving history. Your driving history is a record of your driving-related events, which often include accidents and traffic violations.
Being involved in an accident, even if it wasn’t your fault, can cause your car insurance rates to increase. And speeding tickets or other similar violations are commonly taken into account when insurers determine their rates.
Practicing safe driving habits, such as driving defensively, is not a safe way to avoid accidents and citations. But it can help, which in turn can help you maintain lower insurance rates.
Use comparison shopping tools
Two of the most common ways to get car insurance quotes include talking to insurance agents or going through the free quote processes directly on the providers’ websites. There’s nothing necessarily wrong with these approaches, but it’s generally easier to use an insurance comparison tool to find multiple rates at once.
Comparison shopping tools and car insurance websites are designed to find rates available in your area after you fill in the necessary information, including your name, location, gender and age.
This is the same type of information you would have to provide during an individual quote process, but a comparison shopping tool provides multiple rates instead of just one company’s rate. Using this method, you can quickly and efficiently compare available coverage in your area to help find the cheapest rates.
FAQs
Are Dodge Challengers expensive to insure?
Dodge Challengers typically cost more to insure because they are expensive and designed to drive fast. More expensive cars tend to have higher insurance rates because they typically cost more to repair or replace. And faster vehicles pose a greater risk of accidents and speeding violations, which can also increase your rates.
How do you get a quote for a Dodge Challenger?
You can speak to a local insurance agent or check insurance websites to get a car insurance quote for a Dodge Challenger. But it’s probably more efficient to use an online shopping comparison tool to compare the coverage available in your area. This gives you the opportunity to quickly see all available options so you can find the cheapest rates.
What is the Dodge Challenger?
The Dodge Challenger is a classic American sports car that was first released in 1969 as a 1970 model. It is one of a variety of American performance vehicles labeled “muscle car”, which also includes the Ford Mustang and Chevrolet Camaro . The Challenger is known for its wide body and high horsepower due to its large engine options.
Bottom line
Dodge Challenger insurance costs more than average compared to other vehicles. This is due to its status as a sports car, which increases its purchase price and potential speed-related risks. But keep in mind that insurance rates tend to vary based on location, driving history and other factors.
Using a car insurance comparison tool is often the quickest and easiest way to compare coverage and find the cheapest rates. Check out our best car insurance page to see what rates are available in your area.
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This article How much does Dodge Challenger insurance cost? originally appeared on FinanceBuzz.
Can you daily a Dodge Challenger?
Is the Dodge Challenger a reliable car?
Are Dodge Challengers expensive to insure?
The average cost of insurance for a Dodge Challenger is $3,238 per year. However, the price you’ll pay to cover this American muscle car varies greatly by insurance company.
Are Dodge Chargers Expensive to Insure? The average cost of car insurance for a Dodge Charger is $1,447 per year. Prices vary depending on your car model year and insurance company. You can get the best rate by comparing quotes from different companies.
Is a Dodge Challenger a sports car for insurance?
Car insurers use several factors when creating a Dodge Challenger insurance quote. Typically, high-value cars and those designated as sports or electric cars have more expensive rates than the average car model. The Dodge Challenger is expensive to insure, given its sports car designation.
How much will my insurance go up with a challenger?
| Car Model Year | average cost |
|---|---|
| 2020 | $2,930 |
| 2019 | $2,883 |
| 2018 | $2,859 |
| 2017 | $2,773 |
What is considered a sports car for insurance?
What makes a car a sports car, for insurance purposes? Insurers generally consider a sports car to be high horsepower and smaller and lighter than a standard sedan. Sports cars also often only have two seats and a soft back and are built for competitive racing.
Is Dodge Challenger expensive to insure?
The average cost of insurance for Dodge Challengers is $2,345 per year, which is about $195 per month. The average cost of car insurance for all vehicles is $1,535 per year, according to aggregated data, which equates to about $128 per month.
How much does insurance cost on a challenger?
The average cost of insurance for Dodge Challengers is $2,345 per year, which is about $195 per month. The average cost of car insurance for all vehicles is $1,535 per year, according to aggregated data, which equates to about $128 per month.
Is a challenger more expensive to insure than a Charger?
The cost of insuring a Dodge car can change based on the model. For example, the Dodge Charger is the most affordable to insure at approximately $1,447 per year. Meanwhile, a Dodge Challenger SRT Hellcat has the most expensive insurance premiums at around $2,512 per year.
How much will my insurance go up with a challenger?
| Car Model Year | average cost |
|---|---|
| 2020 | $2,930 |
| 2019 | $2,883 |
| 2018 | $2,859 |
| 2017 | $2,773 |
Why are Dodge Challengers so expensive to insure?
The cost of insuring a Dodge Challenger R/T is expensive due to factors such as being a sports car and having higher theft rates. The average cost of car insurance for this vehicle is $1,553 per year, which is $126 more expensive than the average for all car models.
Is a challenger more expensive to insure than a Charger?
The cost of insuring a Dodge car can change based on the model. For example, the Dodge Charger is the most affordable to insure at approximately $1,447 per year. Meanwhile, a Dodge Challenger SRT Hellcat has the most expensive insurance premiums at around $2,512 per year.
Is car insurance higher on a Dodge Challenger?
The average cost of car insurance for all vehicles is $1,535 per year, according to aggregated data, which equates to about $128 per month. This means that, on average, you are paying about $810 more per year or about $67 more per month for Dodge Challenger car insurance compared to other vehicles.
How much is insurance on a Hellcat for a 18 year old?
Annual Dodge Challenger SRT Hellcat Insurance Costs If you are an 18-year-old driver with a Dodge Challenger SRT Hellcat, your car insurance rate is approximately $8,198 per year, $5,686 more than a 40-year-old driver years paid.
Is a hellcat a good first car? Plenty of power to the rear wheels for a first car. Also, it is very heavy, which can cause you to slide into a building or a person. Front wheel drive or four wheel drive is better for someone to learn the limits and learn to drive hard. A 700hp rear-wheel drive muscle car is not a good starter car.
How much is it to insure a Hellcat?
If you own a Dodge Challenger SRT Hellcat, your auto insurance will be more expensive than average across all vehicles. The average annual cost of insurance for this vehicle is $2,512.
How much is insurance for a Hellcat monthly?
| Model / trim level | Average six-month insurance cost | MSRP |
|---|---|---|
| SXT | $3,238 | $31,275 |
| R/T | $3,397 | $38,825 |
| SRT Hellcat | $4,683 | $64,743 |
| demon srt | $5,314 | $84,995 |
How much does it cost to own a hellcat?
How much does the Dodge Hellcat cost? The lowest price you’ll see for a Dodge Hellcat is $60,695 MSRP. Your final price will depend on which Hellcat trim you purchase and whether you decide to add any accessories and customizations to your Hellcat. Not a bad starting price for all that muscle.
How much is insurance for a 18-year-old male with a challenger?
If you are a young driver, you may have to pay more to insure your Dodge Challenger R/T. The average cost for an 18-year-old driver to insure a Dodge Challenger R/T is $5,068 per year. A 40-year-old driver could pay $3,515 less to insure the same vehicle.
Are challengers expensive on insurance?
On average, it costs $1,567 a year to insure a Dodge Challenger. Compared to other vehicles, insurance costs for a Dodge Challenge are relatively expensive. However, Dodge Challenger insurance rates can vary depending on the model year and the car insurance company you choose.
How much is Dodge Challenger monthly insurance?
The average cost of Dodge Challenger insurance is $2,345 per year or about $195 per month based on aggregated data.
Are Hellcats expensive to insurance?
The average cost of car insurance for Dodge Charger Srt Hellcat owners is $4,423 per year. However, exact rates vary from model to model: for example, the D-Series D150 costs $571 more per year to insure than the Caravan C/V.
How much is insurance for a SRT?
| model year | average cost | Annual savings with Jerry |
|---|---|---|
| 2020 | $8,477 | $3,213 |
| 2019 | $2,636 | $366 |
Are Hellcats expensive to insurance?
The average cost of car insurance for Dodge Charger Srt Hellcat owners is $4,423 per year. However, exact rates vary from model to model: for example, the D-Series D150 costs $571 more per year to insure than the Caravan C/V.
How much does it cost to keep a hellcat?