The preferred way to find the cheapest price for auto insurance rates is to compare prices once a year from providers in Raleigh. Drivers can shop around by following these steps.
- Take a little time to learn about how car insurance works and the measures you can take to keep rates in check. Many factors that increase rates like traffic tickets, fender benders, and a lousy credit rating can be controlled by being financially responsible and driving safely.
- Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only provide price estimates from a single company like GEICO or State Farm, while agents who are independent can provide prices from multiple sources.
- Compare the quotes to your existing rates to see if a cheaper rate is available in Raleigh. If you find a lower rate and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Notify your agent or company of your decision to cancel your current coverage. Submit any necessary down payment along with the completed application to your new carrier. Make sure you place the new certificate verifying coverage with your registration paperwork.
One key aspect of rate comparisons is to use identical coverages on every quote request and and to get prices from as many carriers as you can. Doing this ensures the most accurate price comparison and the best price selection.
Sad but true, nearly 70% of customers kept their coverage with the same insurance company for over three years, and nearly 40% of drivers have never compared insurance rates at all. With the average premium in North Carolina being $980, drivers could pocket up to 10% a year by just shopping around, but they just don’t understand the large savings they would see if they moved their coverage to a different company.
Obtaining price quotes for affordable coverage in Raleigh is easy to do. If you are already insured or are shopping for new coverage, use these techniques to find the best rates without having to cut coverage. Smart shoppers just need to understand the quickest way to compare different rates from many different companies online.
Affordable rates with these seven discounts
Companies don’t necessarily list every discount available in a way that’s easy to find, so below is a list some of the more common and also the lesser-known credits available to lower your premiums when you buy Raleigh car insurance online.
- Defensive Driver Discount – Successfully completing a course teaching defensive driver skills can save you 5% or more and easily pay for the cost of the class.
- Discounts for Seat Belt Usage – Forcing all vehicle occupants to fasten their seat belts can save 10% or more on the medical payments or PIP coverage costs.
- Professional Organizations – Being a member of qualifying clubs or civic groups could trigger savings when shopping for insurance.
- Raleigh Homeowners Pay Less – Owning your own home or condo can save you money since owning and maintaining a home requires personal responsibility.
- No Accidents – Insureds who avoid accidents and claims can save substantially in comparison to drivers who are more careless.
- Smart Student Discounts – Being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
- Senior Discount – Mature drivers are able to get a small decrease in premiums.
It’s important to understand that most credits do not apply to the entire policy premium. A few only apply to specific coverage prices like medical payments or collision. So when it seems like you could get a free insurance policy, insurance companies aren’t that generous.
The diagram below compares Dodge Viper insurance costs with and without discounts applied to the rates. The data assumes a male driver, no claims, a clean driving record, North Carolina state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, multi-car, multi-policy, safe-driver, and marriage discounts applied.
A few of the larger companies and some of their more popular discounts are included below.
- State Farm offers discounts including multiple autos, good driver, driver’s education, safe vehicle, anti-theft, and accident-free.
- Farmers Insurance policyholders can earn discounts including distant student, homeowner, switch companies, mature driver, and pay in full.
- GEICO has discounts for good student, daytime running lights, air bags, anti-lock brakes, multi-vehicle, and membership and employees.
- American Family may include discounts for mySafetyValet, accident-free, multi-vehicle, good student, and TimeAway discount.
- Nationwide includes discounts for defensive driving, anti-theft, easy pay, business or organization, multi-policy, good student, and accident-free.
- Progressive has savings for multi-policy, continuous coverage, multi-vehicle, good student, online signing, and online quote discount.
Check with all companies you are considering to apply every possible discount. All car insurance discounts might not apply in your state. To see a list of insurers that offer the discounts shown above in North Carolina, click here.
Most companies like Progressive, GEICO, Allstate and State Farm make it easy to get prices for coverage on the web. Getting Dodge Viper insurance prices online is quite simple because you just enter the amount of coverage you want on the page. Once you submit the form, the company’s rating system automatically orders your credit score and driving record and quotes a price based on these factors.
This makes it easy to compare insurance prices and it is important to have as many quotes as possible if you want to find the best rate.
To compare rates now, check out the insurance providers below. If you have a policy now, it’s recommended that you enter the coverages identical to your current policy. This guarantees you will have an apples-to-apples comparison based on identical coverages.
The companies in the list below are ready to provide price quotes in North Carolina. In order to find the best cheap auto insurance in North Carolina, we recommend you compare several of them to get the best price comparison.
Dodge Viper insurance rate analysis
The table displayed below showcases a range of rate quotes for Dodge Viper models. Understanding how insurance policy premiums are figured can help drivers make decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Viper SRT/10 2-Dr Coupe | $326 | $896 | $282 | $16 | $84 | $1,604 | $134 |
| Viper SRT/10 2-Dr Roadster | $326 | $896 | $282 | $16 | $84 | $1,604 | $134 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rates do not factor in specific zip code location which can decrease or increase rates substantially.
Physical damage deductibles
The hardest decision when buying coverage is where should you set your physical damage deductibles. The comparisons below outline the rate fluctuation when you select higher and lower physical damage deductibles. The first table uses a $250 deductible for comp and collision and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Viper SRT/10 2-Dr Coupe | $340 | $728 | $250 | $14 | $74 | $1,431 | $119 |
| Viper SRT/10 2-Dr Roadster | $340 | $728 | $250 | $14 | $74 | $1,431 | $119 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Viper SRT/10 2-Dr Coupe | $210 | $458 | $250 | $14 | $74 | $1,006 | $84 |
| Viper SRT/10 2-Dr Roadster | $210 | $458 | $250 | $14 | $74 | $1,006 | $84 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Price information does not factor in zip code location which can influence prices significantly.
We can derive from the above data that using a $250 deductible will cost in the ballpark of $35 more each month or $420 annually than opting for the higher $1,000 deductible. Since you would have to pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 21 months between claims, you would probably save some money by selecting a higher deductible.
How to calculate when to raise deductibles
| Average monthly premium for $250 deductibles: | $119 |
| Average monthly premium for $1,000 deductibles (subtract): | – $84 |
| Monthly savings from raising deductible: | $35 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $35 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
The diagram below shows how choosing a deductible and can affect Dodge Viper annual premium costs for different age categories. The price estimates are based on a married male driver, comprehensive and collision coverage, and no other discounts are factored in.
Cost comparison with and without full coverage
The illustration below shows the difference between Dodge Viper car insurance rates when comparing full coverage to liability only. The premiums assume a clean driving record, no claims, $500 deductibles, single marital status, and no policy discounts are applied.
Should you pay for full coverage or liability only?
There is no clear-cut rule to stop buying physical damage coverage on your policy, but there is a general guideline you can use. If the annual cost of your full coverage insurance is more than 10% of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.
For example, let’s say your Dodge Viper book value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $3,000 after paying your policy deductible. If you are paying more than $300 a year for your policy with full coverage, then it might be time to consider dropping full coverage.
There are a few situations where dropping physical damage coverage is not in your best interest. If you still owe a portion of the original loan, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
When should I discuss my situation with an agent?
When selecting proper insurance coverage, there isn’t really a perfect coverage plan. Each situation is unique and your policy should reflect that.
These are some specific questions can aid in determining whether your personal situation could use an agent’s help.
- Are there companies who specialize in insuring high-risk drivers?
- Do I have coverage when making deliveries for my home business?
- Are combined or split liability limits better?
- Are my friends covered when driving my car?
- What discounts do I qualify for?
- Am I covered if I hit someone who is not insured?
- Can my teen drive my company car?
If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.
Can’t I compare prices from local Raleigh insurance agents?
Certain consumers would rather get advice from a local agent and doing so can bring peace of mind Experienced insurance agents can make sure you are properly covered and help submit paperwork. A good thing about comparing insurance prices online is that you can find cheaper car insurance rates but also keep your business local. Buying from local insurance agents is especially important in Raleigh.
To make it easy to find an agent, after completing this quick form, your insurance coverage information gets sent to insurance agents in Raleigh that can provide free Raleigh car insurance quotes to get your business. You don’t have to contact any agents due to the fact that quote results will go to you. If you have a need to compare prices from a specific company, don’t hesitate to go to their quote page and fill out the quote form the provide.
If you want a good insurance agency, you need to know there are two different agency structures and how they work. Agents can be categorized as either independent agents or exclusive agents depending on their employer. Both types of agents can handle auto insurance, but it’s important to point out how they differ because it can influence which type of agent you select.
Independent Auto Insurance Agents
These agents are not locked into one company so they can write business with an assortment of companies and help determine which has the cheapest rates. If they quote lower rates, they simply move your policy to a different company and that require little work on your part.
If you need lower rates, we highly recommend that you include price quotes from at least one independent agent in order to compare the most rates. A lot of them also have access to smaller mutual companies which can save you money.
Listed below are independent agents in Raleigh that may be able to give you free price quotes.
- G. Suggs Insurance Agency, Inc.
1025 Bullard Ct – Raleigh, NC 27615 – (919) 875-8889 – View Map - Marcus L Davis Agency
3901 Barrett Dr Suite 312 – Raleigh, NC 27609 – (919) 772-7698 – View Map - Carolina Capital Insurance Group
1100 Logger Ct., Bldg. D-101 – Raleigh, NC 27609 – (919) 747-9002 – View Map
Exclusive Insurance Agencies
Exclusive agents can only place business with one company and examples are Allstate and State Farm. These agents are unable to give you multiple price quotes so you need to shop around if the rates are high. Exclusive agents are very knowledgeable in insurance sales and that enables them to sell even at higher rates. Many people buy insurance from these agents partially due to the brand legacy rather than having low rates.
The following is a short list of exclusive agencies in Raleigh that can give you rate quotes.
- Mary Wilson – State Farm Insurance – Raleigh
9660 Falls of Neuse Rd #165 – Raleigh, NC 27615 – (919) 872-1225 – View Map - Amanda Hagood – State Farm Insurance Agent
5910 Duraleigh Rd #135 – Raleigh, NC 27612 – (919) 834-3615 – View Map - Suzanne Wilson – State Farm Insurance Agent
8961 Harvest Oaks Dr #205 – Raleigh, NC 27615 – (919) 870-1413 – View Map
Choosing the best insurance agent requires more thought than just the quoted price. Some important questions to ask are:
- Do you work with a CSR or direct with the agent?
- Is the agency active in community causes in Raleigh?
- If independent agents, which companies do they recommend?
- How will an accident affect your rates?
- By raising physical damage deductibles, how much would you save?
- How many years have they been established?
- Can you choose the body shop in case repairs are needed?
- Is assistance available after office hours?
After you get reasonable responses to these questions and an acceptable price quote, chances are good that you have found an auto insurance agent that can be relied on to provide auto insurance coverage. But keep in mind you are entitled to cancel coverage at any time so never feel that you are permanently stuck with your new company for a certain time period.
Auto insurance coverage options for a Dodge Viper
Understanding the coverages of your policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages found on the average auto insurance policy.
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family as well as your vehicle’s damage.
Due to the fact that many North Carolina drivers carry very low liability coverage limits (30/60/25), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Normally the UM/UIM limits are set the same as your liability limits.
Comprehensive auto insurance
Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as falling objects, hitting a deer, fire damage, damage from getting keyed and vandalism. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Auto liability insurance
Liability insurance provides protection from damages or injuries you inflict on a person or their property by causing an accident. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 30/60/25 that translate to a limit of $30,000 per injured person, a total of $60,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability can pay for claims like bail bonds, pain and suffering, attorney fees and medical services. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible. North Carolina state law requires minimum liability limits of 30/60/25 but it’s recommended drivers buy more liability than the minimum.
The illustration below demonstrates why buying the state minimum limits may not be high enough to cover claims.
Coverage for collisions
Collision coverage covers damage to your Viper caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.
Collision can pay for things such as sideswiping another vehicle, hitting a parking meter, damaging your car on a curb, rolling your car and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to increase the deductible on your Viper to save money on collision insurance.
Coverage for medical expenses
Med pay and PIP coverage pay for expenses such as hospital visits, nursing services and funeral costs. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage
Find affordable car insurance prices by comparing often
When trying to cut insurance costs, it’s very important that you do not reduce needed coverages to save money. There are many occasions where someone dropped comprehensive coverage or liability limits only to regret at claim time that the savings was not a smart move. The aim is to buy a smart amount of coverage at an affordable rate and still be able to protect your assets.
We covered many tips how you can shop for Dodge Viper insurance online. It’s most important to understand that the more quotes you get, the higher the chance of saving money. You may even find the best price on car insurance is with a small mutual company. Regional companies may only write in your state and offer lower prices compared to the large companies like State Farm, GEICO and Nationwide.
Additional articles
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- What Insurance is Cheapest for Drivers with a DUI in Raleigh? (FAQ)
- Who Has Cheap Car Insurance for 4×4 Vehicles in Raleigh? (FAQ)
- How Much is Raleigh Car Insurance for a GMC Sierra? (FAQ)
- Who Has Affordable Auto Insurance for a 20 Year Old Female in Raleigh? (FAQ)
- What Insurance is Cheapest for a Chevrolet Equinox in Raleigh? (FAQ)
- What to do at the Scene of an Accident (Insurance Information Institute)
- State Laws for Cellphones and Texting (iihs.org)
- Teen Driver Statistics (Insurance Information Institute)