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The Chrysler 300 is a mid-range sedan that’s relatively cheap to insure. The average insurance costs for a Chrysler 300 is $246 a month, or $2,952 a year. With a base price of $40,171, the annual insurance cost–to–base car price ratio is 7.35%.
The Chrysler 300 has been around since 2005 and currently in its second generation. In 2019, nearly 2,700 vehicles were sold in Canada, and over 29,000 vehicles were sold in the US.
Insurance companies determine the insurance cost for a Chrysler 300 based on safety ratings, theft rates, replacement costs and overall damage susceptibility. Insurance rates can change based on a driver’s history and location. Chrysler shoppers should grab quotes from several insurance companies to find the lowest premium possible before they commit. Chrysler 300 shoppers should also do their research and see if they qualify for insurance discounts with each insurance company.
You could save money on car insurance for your Chrysler 300 if it comes equipped with these safety features.
The 2017 model of the Chrysler 300 has been evaluated by the Insurance Institute for Highway Safety (IIHS) and the National Highway Traffic Safety Administration (NHTSA) for safety ratings. The latest model as awarded a 4-Star Overall Safety Rating by the NHTSA. The Chrysler 300 was awarded 4 out of 5 stars for the rollover crash test and frontal crash test by the NHTSA.
According to the IIHS, the small overlap front test for the Chrysler 300 was rated as marginal, while the other crash tests were deemed good, the highest rating possible. The Chrysler 300 has side airbags and a driver knee airbag to protect the passengers during collisions. The latest model also features antilock brakes and rollover sensor to provide more safety for the passengers. Learn more about car safety ratings in our guide.
The Chrysler 300 is a popular luxury sedan best known for its comfort and style. Compare your options to find the type of coverage you need, and remember that using extra safety features and keeping a clean driving record can help you land a discounted premium.
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