Compare the Cost of Dodge Charger Insurance by Model Year and Company

According to MoneyGeek’s findings, car insurance for a Dodge Charger is moderately priced. The average insurance cost for the model is $1,447 per year, which is $19 higher than the average for all models.

Since prices vary depending on the model year of your car and the insurer you choose, you can get the best rates by comparing quotes from different companies.

Loading...
By  
  |  

Comparing car insurance costs between providers can help you secure the lowest Dodge Charger insurance cost. Insurance companies quote different rates for the same model based on the driver profile and car’s model year. By shopping around, you can find the best deal for your needs.

Key Takeaways

car2

Insuring a Dodge Charger costs an average of $1,447 annually. The average cost across all the models is $1,427 per year.

find

Depending on the insurer you choose, Dodge Charger insurance rates may differ by as high as $566 annually. Prices vary between insurance companies.

coins

Car insurance rates for a Dodge Charger vary by as high as $497 based on how old a car is. Newer versions of the model result in higher insurance rates.

How Much It Costs to Insure a Dodge Charger and the Cheapest Company

Your choice of insurer determines how much you pay for Dodge Charger car insurance. While the average cost to insure the model is $1,447 per year, you could pay more or less depending on the company you select. USAA offers the cheapest insurance for a Dodge Charger, costing $1,161 annually. This is a difference of $566 per year when compared to the most expensive insurer.

The Average Annual Cost of Dodge Charger Insurance by Company

MoneyGeek collected data about insurance company rates using a sample 40-year-old male driver with 100/300/100 liability insurance, including comprehensive and collision coverage.

The Average Cost to Insure a Dodge Charger by Company

Scroll for more

swipe icon
Loading...

Is a Dodge Charger Expensive to Insure?

Insurance carriers consider various factors when determining auto insurance rates for each car model. High-value car models and those with high theft and crash rates tend to have higher insurance costs.

Most insurance companies utilize factors such as the car type and theft rate to calculate their costs.

The Dodge Charger has a moderate cost of insurance compared to other models. It is statistically recognized as a high theft rate vehicle, as indicated by the National Highway Traffic Safety Administration. As a result, its car insurance prices tend to be slightly higher than the average model’s rates.

The Best Car Insurance Company for a Dodge Charger

Cost is not the only aspect to consider when looking for the best car insurance provider for your Dodge Charger. The MoneyGeek scoring system, which is based on affordability, customer complaint, financial stability and customer satisfaction ratings, indicates that:

  • The best car insurance company for a Dodge Charger is USAA. However, it is limited to military members together with their families.
  • The second-best provider is GEICO.

1
USAA
Score:99

5/5

Affordability

4.5/5

Claims Ratings

5/5

User Satisfaction

5/5

Financial Stability

2
GEICO
Score:85

4.6/5

Affordability

3.5/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

3
State Farm
Score:79

3.9/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

5/5

Financial Stability

4
Progressive
Score:75

3.7/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

5
Allstate
Score:69

3/5

Affordability

4.5/5

Claims Ratings

3/5

User Satisfaction

4.5/5

Financial Stability

How Much It Costs to Insure a Dodge Charger by Model Year

Older versions of the Dodge Charger are less costly to insure compared to newer versions. As the car’s value depreciates, the comprehensive and collision coverage rate also reduces. The 2005 Dodge Charger insurance has an average cost of $1,108 per year, while drivers with the 2020 version pay $1,605 annually. Depending on the model year of your car, you can save up to $497 annually.

The cheapest car insurance provider differs depending on how old your car is. The insurer with the lowest rates for a 2020 Dodge Charger is USAA, which costs $1,259 per year.

Scroll through the list below to see how costs vary among insurance companies.

The Average Cost to Insure a Dodge Charger by Model Year

Scroll for more

swipe icon
  • Company
    Average Annual Rates (2020 model)
    Average Annual Rates (2019 model)
    Average Annual Rates (2018 model)
    Average Annual Rates (2017 model)
    Average Annual Rates (2016 model)
    Average Annual Rates (2010 model)
    Average Annual Rates (2006 model)
  • 1.
    $1,259
    $1,270
    $1,316
    $1,161
    $1,100
    $1,085
    $935
  • 2.
    $1,358
    $1,358
    $1,333
    $1,318
    $1,290
    $1,172
    $978
  • 3.
    $1,592
    $1,641
    $1,529
    $1,506
    $1,480
    $1,321
    $1,085
  • 4.
    $1,669
    $1,665
    $1,613
    $1,588
    $1,555
    $1,360
    $1,163
  • 5.
    $1,561
    $1,581
    $1,600
    $1,645
    $1,654
    $1,544
    $1,311

How Expensive Is It to Insure a Dodge Charger Compared to Other Cars?

Dodge Charger insurance rates are moderate. Drivers of this car model pay an average of $1,447 per year compared to the average of $1,427 for all models. Keep in mind that your actual premium may vary depending on several other factors.

How Much It Costs to Insure a Dodge Charger for 16- to 25-Year-Olds

Young drivers lack driving experience. Consequently, they often pay more for auto insurance, irrespective of the type of car they drive. An 18-year-old with a Dodge Charger pays an average of $4,722 for car insurance. This cost is about $3,275 more than what a 40-year-old with the same model pays.

Young drivers can spend less on car insurance if they are on the same policy as their parents. The cost of insuring a teenager is more when they purchase their plan.

You can view average car insurance costs for drivers between 16 and 25 years of age from the table below.

The Average Cost to Insure a Dodge Charger by Driver Age

Scroll for more

swipe icon
  • Age
    Average Annual Rates
  • 16
    $6,053
  • 17
    $5,362
  • 18
    $4,722
  • 19
    $3,382
  • 20
    $3,018
  • 21
    $2,389
  • 22
    $2,201
  • 23
    $2,014
  • 24
    $1,890
  • 25
    $1,715
  • 40
    $1,447

How Does Location Affect the Cost of Dodge Charger Insurance?

The prices quoted on this page are calculated based on the national average for a Dodge Charger car model and may vary depending on your location. You can find out more about the rates in individual states using our state page analysis.

FAQs About Dodge Charger Insurance

The model of your car influences how much you pay for insurance, but there are several other factors that insurers consider when determining your rates. Here are a few questions about Dodge Charger insurance rates and coverage.

Read More About Car Insurance

Methodology

MoneyGeek established average car insurance rates for a Dodge Charger SXT by using a sample 40-year-old driver across all the model years. The rates represent a full coverage policy with:

  • $100,000 in bodily injury liability insurance per person
  • $300,000 in bodily injury liability insurance per accident
  • $100,000 in property damage liability insurance per accident
  • Comprehensive and collision insurance with a $1,000 deductible

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.