Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company

Age and model year significantly affect how much you’ll pay to insure your Dodge Challenger SRT Hellcat. For a full coverage policy, a 16-year-old driver will pay an annual average of $9,079 for a 2015 model and $10,688 for a 2022 model. Meanwhile, a 40-year-old will pay around $1,998 for the 2015 model and $2,348 for the 2022 model.

To help drivers find the best policy for their needs, MoneyGeek evaluated each insurance provider’s affordability, service quality and claims experience.

The average annual cost of insuring a Dodge Challenger SRT Hellcat is $2,270, but rates vary depending on the insurer. If you are looking for the most affordable car insurance, comparing rates from different providers is essential. Nationwide offers the cheapest full coverage policy at an average of $1,843 per year, while Progressive's same coverage is $2,927 per year on average, making it the most expensive option.

For minimum coverage policies, GEICO has the lowest rate at an average of $515 per year, while Progressive is the highest at $842.

The Dodge Challenger SRT Hellcat is an expensive car to insure due to its sports car status and relatively high theft rate. Sports cars are more costly to insure because drivers are statistically more likely to partake in risky behavior when driving these models.

The most recent data from the National Highway Traffic Safety Administration (NHTSA) shows that thieves target the Dodge Challenger SRT Hellcat more frequently than other cars. Cars that are stolen more often are riskier to insure, so insurers charge higher rates to compensate for the potential losses.

When considering your options to insure your Dodge Challenger SRT Hellcat, it’s important to consider more than just cost. MoneyGeek’s analysis takes affordability, claims management and customer experience into account. We found that the best car insurance companies for a Dodge Challenger SRT Hellcat are as follows:

• Travelers: MoneyGeek score 90 out of 100 ($1,897 per year)
• State Farm: MoneyGeek score 89 out of 100 ($1,948 per year)

Travelers offers the best claims experience ratings of all the insurers in our study, and their rates are the second cheapest, meaning you will get excellent service at a lower cost.

The average annual cost of a full coverage policy for a 2015 Dodge Challenger SRT Hellcat is $1,998, while the same coverage for a 2022 model is more expensive at $2,348, a difference of $350. This difference is due to the fact that the average cost of car insurance generally depreciates as cars age and their value decreases.

The average cost of car insurance will vary by your provider and the model year of your car. For the 2015 Dodge Challenger SRT Hellcat, Travelers is the most affordable option at $1,523 per year on average for a full coverage policy. Nationwide offers the lowest rate for the 2022 model, at $1,758.

When determining the cost of insurance for a Dodge Challenger SRT Hellcat, insurers will consider your age. Generally, car insurance policies for teens and young adults cost more than those for drivers in their 30s and 40s. For a Dodge Challenger SRT Hellcat, the average full coverage rate for a 16-year-old is $9,970 per year, while a 40-year-old driver pays an average of only $2,203 per year. As teen drivers get older, their rates gradually reduce before stabilizing in their 20s.

By comparing providers, teen drivers can save a lot of money on their premiums. For instance, State Farm’s full coverage policy for a 16-year-old driving a 2022 Dodge Challenger SRT Hellcat is $7,077 annually, while Progressive's rate is $22,355. These high costs are for individual plans, but adding teen drivers to a family policy can significantly reduce teen car insurance costs.

Factors like age, car make and model all impact your premium costs, but your location may be even more significant. The cheapest car insurance providers differ from state to state, with Florida having the most expensive premiums and Idaho having the least. It’s crucial to research and find the most affordable insurers in your area so that you can compare quotes for your Dodge Challenger SRT Hellcat.

Shoppers looking to insure their Dodge Challenger SRT Hellcat are likely concerned about price and quality of coverage. To help you find the ideal policy for your needs, MoneyGeek answered the most commonly asked questions about auto insurance for the SRT Hellcat.