Do you own a Dodge Caliber? Or are you thinking about purchasing a used Dodge Caliber in the hopes that you may get a better auto insurance rate on your vehicle? Regardless, you’re going to need coverage in order to drive legally. And the type of vehicle you drive is a big determinant in whether or not that coverage will be affordable. But there are other factors too which can make or break your budget depending on how much Dodge Caliber auto insurance you can afford. Don’t worry, though – we’ll be happy to walk you through the process.
The Dodge Caliber is a small 5-door hatchback which was produced by Dodge’s parent company, Chrysler Fiat, from 2006 to 2012. Model years for the vehicle started selling in 2007. The American versions were manufactured in Belvidere, Illinois and sold throughout the country. For Chrysler Fiat, the Dodge Caliber was essentially an amalgamation between the Dodge Neon and the Chrysler PT Cruiser. It also served as the effective successor to both of those vehicles, which were discontinued in years prior. Presently, the successor of the Dodge Caliber is the Dodge Dart, which is rumored to eventually be retired in 2018 and succeeded by – get a load of this – a newly remodeled, 3rd generation of the Dodge Neon. It’s the circle of life in the automotive industry.
The Caliber was revolutionary in its debut in that its design was a hodgepodge of elements from many different vehicle models produced by several different manufacturers. A little-known Nissan subsidiary called Jatco provided the inspiration for its CV2 engine. It also supported a 2 liter World gasoline engine, which that was the result of a joint effort from Chrysler, Hyundai, and Mitsubishi. Mitsubishi also contributed to the GS platform, which is also a feature of the Dodge Caliber. Although it was given a good score by the IIHS for its frontal crash rating, its side impact test failed to live up to similar standards.
Other than the vehicle you drive, your location is usually the second most important factor in calculating your monthly premium. It all starts with the state you live in, and the laws which govern how your insurance company is allowed to conduct its business. Provided the rules and regulations are lax enough to allow insurance companies to earn a profit, but still stringent enough to protect consumers, the next issue boils down to the city and zip code you live in. Things like high traffic rates, long commute times, and even property values can raise or lower your monthly premiums substantially.
Next, of course, your coverage costs are at the discretion of your chosen provider. If you have bad credit, and they think that makes you a risky motorist, you will likely have to pay substantially higher rates. On the other hand, you make get offered a discount for having a clean driving record and a vehicle with excellent safety features. Or you may be limited to the providers you can choose from based on the competition in your area and whether or not you fall into a niche risk pool.
Since we briefly touched on how your credit score can affect your insurance premiums, let’s go into that topic a little more deeply. Why, exactly, do insurance companies care about your credit score? Wasn’t that more important for the bank who provided you with your auto loan? Not necessarily. Some insurance companies, whether justified or not, interpret your ability to be financially responsible as an indicator that you will be responsible behind the wheel as well, and therefore less likely to get into accidents which force them to pay out claims. But there’s another reason they take credit scores to heart. Independent of whether or not financial responsibility makes someone a safe driver, it’s also an indicator of how likely you are to pay your premiums on time and in full. No insurance company likes having to hassle their customers or cancel someone’s coverage based on payment difficulties. If they see you as a stable source of income over the long haul, they will reward you with a lower rate.
There are many slow, incremental changes you can make over time in order to improve your personal situation for lower Dodge Caliber car insurance premiums. But most people are on a tight budget now, need to find ways to save money, and don’t have that kind of time. That’s why it’s so important for people like you to compare rates. Assuming there are at least three or four choices of providers near you, you can compare prices among them and find the company willing to offer you the fairest price. Our handy quote comparison tool can help you do that.