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

Age is a significant factor in determining how much car insurance for a Dodge Charger costs. For instance, an annual full coverage policy on a 2009 model costs $6,461 for a 16-year-old driver, compared to $1,391 for a 40-year-old. For a 16-year-old, a 2022 model will cost $8,509 a year, while the same policy costs $1,873 for a 40-year-old.

MoneyGeek ranked the top insurers based on how well they balance service and claims experience with affordable rates.

Remember that while the national average for insuring a Dodge Charger is $1,677, your rate will depend on your chosen insurance company. GEICO offers full coverage auto insurance for a Dodge Charger at the lowest average annual cost of $1,211, while Farmers charges the most expensive premium at $2,018 for the same policy.

The average yearly cost of minimum coverage plans for a Dodge Charger also varies between insurers, with a policy costing $531 from State Farm and $885 from Farmers. We suggest comparing prices from various car insurance providers to obtain the best coverage for your Dodge Charger.

Different data points are considered by auto insurance companies when determining premiums for specific models, including the value of the car, its horsepower and the likelihood of theft. The National Highway Traffic Safety Administration's (NHTSA) latest information indicates that thieves steal Dodge Chargers more frequently than other models, making it a riskier car to insure. This data increases premiums, making the Dodge Charger moderately expensive to insure compared to other models.

When buying insurance for your Dodge Charger, price isn't the only factor to consider. The best car insurance companies should offer top-notch customer support and efficient claim processing. Here are the top two insurance providers for Dodge Charger owners:

• GEICO: MoneyGeek score 90 out of 100 ($1,211 per year)
• State Farm: MoneyGeek score 88 out of 100 ($1,353 per year)

While State Farm offers excellent customer service, GEICO provides better claims management and is the most affordable provider for a Dodge Charger.

An annual full coverage policy on a 2022 Dodge Charger costs $1,873, compared to $1,391 for a 2009 model with the same policy. This comparison is one example of how a car’s model year will significantly impact the average cost of car insurance. Because a car’s value depreciates over time, newer models tend to be more expensive to insure.

Your chosen insurance provider and the car’s model year will affect your average auto insurance premiums. State Farm is the cheapest car insurance company for a 2009 Dodge Charger, costing $1,099 annually for a full coverage policy. Meanwhile, GEICO is the most affordable option for newer model years, with the 2022 Dodge Charger costing $1,335 per year to insure.

Auto insurance for teens and drivers in their 20s is far more expensive than those in their 30s and 40s. For a full coverage policy for a Dodge Charger, 16-year-old drivers spend an average of $7,417 a year, while 40-year-old policyholders only pay $1,614 for the same plan. Rates for teen car insurance drop significantly each year as teenagers age, but they tend to level off once they reach their 20s and gain more driving experience.

The most affordable way to obtain auto insurance for teens is to include them in a family plan, as individual plans are far more expensive. State Farm offers teens driving a 2009 Dodge Charger the cheapest full coverage policy at $3,508 per year on average, while Farmers will charge as high as $9,219 for the same model.

These astronomical premiums apply to 16-year-old drivers who choose to purchase individual coverage. To get the best auto insurance for teens, we advise them to join their family's insurance policy and shop around with them.

Your location might be even more important than model type, model year or driver age when calculating how expensive car insurance will be. Idaho offers the cheapest car insurance premiums in the country, while Florida offers the most expensive. When looking for auto insurance for your Dodge Charger, it helps to compare quotes from the most affordable insurers in your state.

People looking for car insurance for a Dodge Charger are typically concerned about cost and value. Here are some of the most common questions, along with our responses.