If you own a Dodge Challenger car, then before driving it off you must make sure to insure it properly under a proper insurance coverage scheme of a legitimate car insurance company. Though, before insuring your Dodge Challenger Car, you must keep in mind that the insurance rates vary for people of different age groups.

For instance, a driver of 18 years of age pays an average amount of $5120 each year for paying the insurance amount of a Dodge Challenger Car. The price that you pay for insuring your own Dodge Challenger car is different for people of different ages.

Factors that affect Car Insurance Rates

Several factors impact the cost of your car insurance. These factors are your driving record, the place where you reside and park your car, and your age. If, for instance, you have had accidents in the past or have violated some traffic rules then the insurance rates would go up.

While looking for the reasons that can influence the insurance policy costs for a Dodge Challenger vehicle then you should know that the model year of your car or the age of your vehicle is not an important factor.

The insurance price fluctuates between the model years, but the car’s age has no relation with the insurance premium. The average cost for a 2020 Dodge Challenger car insurance for a 22-year-old was $1692 per year, while the rate for a 2010 Dodge Challenger insurance for a 17-year-oldwas $1364.

How much is the cost of  Dodge Challenger Insurance for a 22-year-old?

One of the most important factors which influence your Dodge Challenger car insurance cost is the past record of your driving history. There’s been a recent spurt in breaking traffic rules between 17 to 25 years old drivers.

So, considering this factor, your Dodge Challenger Car Insurance cost might increase.  Various car insurance comparison data shows us that the car’s insurance cost is also influenced by the safety ratings of your Dodge Challenger Car. If a car has various safety features, then the cost of Dodge Challenger insurance for a 22 years old might decrease.

Insurance rates of a Dodge Challenger Car for a 22 years old costs around $1700 each year or around $143 each month. The liability-only policies of a Dodge Challenger Car generally cost around $678 per year or $57 each month.

How much is the cost of a Dodge Challenger Insurance for a 17-year-old?

Generally, seventeen-year-old car owners pay a much higher amount for insuring a Dodge Challenger Car, than the much older drivers of the same car having the same features. This happens because the average cost of insurance coverage for a 17-year-old is very high.

The cost for Dodge Challenger insurance for a 17-year-old driver is around $2752 per year or $229 per month. They pay a much higher amount for car insurance coverage than the older and much more experienced car drivers as the insurance providing companies consider the 17-year-old drivers to be high risk, which means that they consider the 17-year-old drivers are more likely to file for an insurance claim which might cost the insurers hefty amounts.

The actual premium cost for car insurance for a 17-year-old depends on various factors, which include their driving record, sex, and car type. More importantly, if a 17-year-old is purchasing his\her own policy or if he\she is being added to his\her parents’ insurance coverage plan then this can make a huge difference. Check with Alias Insurance for the best prices and the most affordable plans.

If parents add their wards to an existing policy then this increases the premium rates by 140 %to 160%. But, even with this increase in premium rate, it’s still a reasonable option for a 17-year-old rather than having to pay for their own policy. Atoz Insurance USA offers great deals when it comes to such services, have a look at their pricing to save your money and time.

By Manali

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