We don’t have to tell you that insurance companies don’t want their policyholders to compare prices. Consumers who do rate comparisons will, in all likelihood, switch companies because the odds are good of finding lower rate quotes. A recent survey revealed that drivers who shopped around every year saved about $3,400 over four years compared to people who didn’t regularly shop around.
If finding the cheapest price on Chrysler Sebring insurance in El Paso is why you’re reading this, learning how to get rate quotes and compare insurance premiums can make it easier for you to save money.
The most effective way to find low-cost prices for Chrysler Sebring insurance in El Paso is to annually compare prices from providers who provide auto insurance in Texas.
Step 1: Learn about policy coverages and the modifications you can make to keep rates low. Many rating factors that cause rate increases like at-fault accidents, speeding tickets, and a not-so-good credit score can be remedied by making minor driving habit or lifestyle changes.
Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from a single company like GEICO or Farmers Insurance, while agents who are independent can provide price quotes for a wide range of companies.
Step 3: Compare the new rate quotes to your current policy premium to see if you can save by switching companies. If you find better rates and make a switch, make sure coverage is continuous and does not lapse.
A good tip to remember is to make sure you enter similar limits and deductibles on every price quote and and to look at as many carriers as you can. Doing this ensures a fair rate comparison and a complete price analysis.
Five discounts for affordable car insurance quotes
Companies don’t necessarily list the complete list of policy discounts in a way that’s easy to find, so the following is a list of a few of the more well known and also the lesser-known credits available to you.
- Own a Home and Save – Being a homeowner may earn you a small savings since home ownership demonstrates responsibility.
- Passive Restraint Discount – Factory air bags or motorized seat belts can get savings up to 30%.
- Braking Control Discount – Cars, trucks, and SUVs that have anti-lock braking systems can reduce accidents and qualify for as much as a 10% discount.
- Pay Now and Pay Less – If you pay your bill all at once rather than spreading payments over time you may have a lower total premium amount.
- Military Discounts – Being on active duty in the military may qualify for rate reductions.
Keep in mind that most discount credits are not given to the entire cost. Most cut the price of certain insurance coverages like comp or med pay. So when the math indicates you could get a free car insurance policy, companies don’t profit that way.
The illustration below visualizes the comparison of Chrysler Sebring auto insurance costs with and without some available policy discounts. The data is based on a female driver, no claims or driving violations, Texas state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, safe-driver, multi-policy, multi-car, and marriage discounts applied.
A list of companies and some of the premium reductions they offer include:
- Mercury Insurance may have discounts that include annual mileage, ease of repair, multi-policy, multi-car, low natural disaster claims, and location of vehicle.
- Farmers Insurance policyholders can earn discounts including early shopping, good student, distant student, mature driver, teen driver, alternative fuel, and switch companies.
- Farm Bureau includes discounts for youthful driver, good student, multi-policy, safe driver, and 55 and retired.
- State Farm offers premium reductions for anti-theft, student away at school, defensive driving training, multiple policy, accident-free, safe vehicle, and multiple autos.
- Allstate discounts include defensive driver, good payer, passive restraint, anti-lock brakes, and teenSMART discount.
- GEICO may include discounts for emergency military deployment, anti-theft, anti-lock brakes, military active duty, driver training, membership and employees, and air bags.
When comparing rates, check with every insurance company how many discounts you can get. Savings may not be offered everywhere. To view insurance companies who offer car insurance discounts in El Paso, follow this link.
Just remember that comparing all the rates in your area helps improve the odds of finding the best rates. Not every company allows you to get online rate quotes, so you should also compare prices from them as well.
The companies shown below can provide comparison quotes in Texas. If multiple companies are shown, it’s highly recommended you visit as many as you can to get the most affordable price.
Insurance rate breakdown
The price information displayed next highlights a range of insurance rates for Chrysler Sebring models. Being aware of how auto insurance policy rates are formulated can benefit drivers when making informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sebring Touring 4-Dr Sedan | $182 | $368 | $382 | $22 | $114 | $1,068 | $89 |
| Sebring Limited 4-Dr Sedan | $182 | $368 | $382 | $22 | $114 | $1,068 | $89 |
| Sebring LX 2-Dr Convertible | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| Sebring Touring 2-Dr Convertible | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| Sebring Limited 2-Dr Convertible | $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, $1000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Estimates do not factor in specific location information which can revise coverage rates greatly.
The illustration below illustrates how your choice of deductibles and can impact Chrysler Sebring insurance costs for different age groups. Data assumes a married female driver, comprehensive and collision coverage, and no other discounts are factored in.
Impact of citations and accidents on insurance rates
The information below illustrates how violations and at-fault fender-benders influence Chrysler Sebring insurance costs for different categories of driver ages. The information is based on a single female driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.
Comparison of auto insurance rates by gender and age in El Paso
The chart below compares Chrysler Sebring car insurance costs for male and female drivers. The price estimates are based on no tickets, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, single marital status, and no discounts are taken into consideration.
Chrysler Sebring liability-only versus full coverage
The diagram below illustrates the difference between Chrysler Sebring auto insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Texas. The premiums are based on no claims or driving violations, $100 deductibles, drivers are single, and no other discounts are factored in.
When to drop comprehensive and collision coverage
There isn’t a written rule to stop paying for physical damage insurance, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.
For example, let’s assume your Chrysler Sebring settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $4,000 after you pay the deductible. If you are paying more than $400 a year for your policy with full coverage, then you might consider buying liability only.
There are some conditions where eliminating full coverage is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not eliminate full coverage.
Compare rates but still have a local El Paso insurance agent
Some consumers still like to buy from a local agent and there is nothing wrong with that. An additional benefit of comparing rates online is that drivers can save money and get the lowest rates and still have a local agent. Supporting local agents is definitely important in El Paso.
For easy comparison, once you complete this quick form, the quote information is submitted to local insurance agents in El Paso who will give you quotes and help you find cheaper coverage. There is no need to even leave your home as quotes are delivered to your email. You’ll get the best rates and work with a local agent. If you need to compare rates from a specific insurance company, you can always search and find their rate quote page and submit a quote form there.
Car insurance agents in El Paso come in two varieties
If you prefer to buy car insurance from a local insurance agency, it’s helpful to know the different agency structures and how they can quote your rates. Car insurance agents can be classified as either independent agents or exclusive agents.
Independent Car Insurance Agents
Agents that choose to be independent are not restricted to one company so as a result can place your coverage with multiple insurance companies and get the cheapest rates. If you want to switch companies, they can switch companies in-house without you having to go to a different agency. When comparing rates, you will definitely want to include a few independent agents to have the best price comparison. Most can insure with different regional companies which may have better rates.
Listed below are El Paso independent insurance agents that may be able to give free car insurance rate quotes.
- Nationwide Insurance: Pinon and Associates Financial Corporation
1515 E Missouri Ave – El Paso, TX 79902 – (915) 857-6890 – View Map - RedRock Insurance Agency
1029 N Zaragoza Rd A – El Paso, TX 79907 – (915) 858-1400 – View Map - Desert West Insurance: Lavelle Michael
7500 Viscount Suite 101 – El Paso, TX 79925 – (830) 534-9623 – View Map
Exclusive Agencies
Agents that choose to be exclusive are contracted to one company such as AAA, Allstate, and State Farm. Exclusive agencies are unable to place coverage with different providers so keep that in mind. They are well trained on the products they sell which helps them sell insurance even at higher premiums. Some people will only purchase coverage from exclusives partially due to the prominent brand name and the convenience of having all coverages with one company.
The following is a list of exclusive insurance agents in El Paso that are able to give price quotes.
- Tomas Casillas – State Farm Insurance Agent
1568 Joe Battle Blvd #104 – El Paso, TX 79936 – (915) 857-4959 – View Map - Frank Parga Jr – State Farm Insurance Agent
4141 Pinnacle St #105 – El Paso, TX 79902 – (915) 532-1423 – View Map - GEICO Insurance Agent
6600 Montana Ave j – El Paso, TX 79925 – (915) 779-2489 – View Map
Finding the right insurance agent should include more criteria than just a cheap price. Any good agent in El Paso should know the answers to these questions.
- Does the agent have a valid license to sell insurance in Texas?
- How experienced are they in personal risk management?
- What is their Better Business Bureau rating?
- Will you work with the agent or an assistant?
- Will a damage claim use OEM or aftermarket replacement parts?
After getting answers to your satisfaction to all your questions as well as offering an affordable quote, you may have found an insurance agent that can be trusted to insure your vehicles.
Car insurance is not optional in Texas
Despite the high cost, paying for car insurance is required by state law in Texas and it also provides benefits you may not be aware of.
- Almost all states have mandatory liability insurance requirements which means the state requires a specific minimum amount of liability if you don’t want to risk a ticket. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you took out a loan on your vehicle, almost all lenders will require that you have comprehensive coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Chrysler at a much higher rate and force you to pay the higher premium.
- Car insurance protects both your assets and your Chrysler. It will also provide coverage for medical transport and hospital expenses incurred in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you cause an accident and are sued. If you have damage to your Chrysler as the result of the weather or an accident, comprehensive (other-than-collision) and collision coverage will pay all costs to repair after the deductible has been paid.
The benefits of carrying enough insurance are definitely more than the cost, especially for larger claims. But the average driver in Texas is overpaying more than $855 a year so it’s very important to do a rate comparison at every policy renewal to ensure rates are competitive.
Insurance coverage breakdown
Having a good grasp of your insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This gives you protection from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Chrysler Sebring.
Due to the fact that many Texas drivers have only the minimum liability required by law (which is 30/60/25), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Liability car insurance
This can cover injuries or damage you cause to other people or property in an accident. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 30/60/25 that translate to a $30,000 limit per person for injuries, a limit of $60,000 in injury protection per accident, and property damage coverage for $25,000. Occasionally you may see a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage protects against things such as repair bills for other people’s vehicles, repair costs for stationary objects, funeral expenses, emergency aid and pain and suffering. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible. Texas state minimum liability requirements are 30/60/25 but you should think about purchasing higher limits.
The chart below shows why low liability limits may not be enough.
Comprehensive auto coverage
This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things like a broken windshield, hail damage, fire damage and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as dental work, chiropractic care, X-ray expenses, prosthetic devices and funeral costs. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
Collision insurance
This will pay to fix damage to your Sebring from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage protects against claims like colliding with another moving vehicle, hitting a parking meter and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible on your Sebring in order to get cheaper collision rates.
Keep this in mind when shopping around
Drivers change insurance companies for many reasons like policy cancellation, questionable increases in premium, an unsatisfactory settlement offer and even delays in responding to claim requests. No matter why you want to switch, finding a new company can be less work than you think.
You just learned a lot of tips how to save on Chrysler Sebring insurance in El Paso. The key concept to understand is the more rate comparisons you have, the better likelihood of getting the cheapest Chrysler Sebring rate quotes. You may even discover the most savings is with a lesser-known regional company.
As you restructure your insurance plan, never skimp on critical coverages to save a buck or two. There are many occasions where consumers will sacrifice uninsured motorist or liability limits and learned later that it was a big error on their part. The proper strategy is to buy enough coverage at the best price but still have enough coverage for asset protection.
To read more, take a look at the resources below:
- Collision Insurance Coverage (Nationwide)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- Collision Coverage (Liberty Mutual)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)