Compare the Cost of Dodge Challenger R/T Insurance by Model Year and Company

Q: What company offers the best car insurance for a Dodge Challenger R/T?

With a score of 90 out of 100, State Farm slightly outperformed GEICO and other top companies to be named the best auto insurance for a Dodge Challenger R/T . It earned high scores in terms of cost and customer service.

Full coverage insurance for a Dodge Challenger R/T costs $1,707 annually, which is a moderate premium. State Farm has the cheapest rates, but rates may change based on the driver's car model, age and insurer.

By Mark Fitzpatrick

Edited by Ashley Jacobs

Updated: December 11, 2024

Advertising & Editorial Disclosure

Age is a main determinant of how much auto insurance will cost. For a 2009 Dodge Challenger R/T model, 16-year-olds pay $6,238 annually on average for full coverage, while 40-year-olds only spend $1,349. A 16-year-old will shell out $8,740 annually for a 2022 model compared to a 40-year-old who will pay $1,926.

For the Dodge Challenger's base model, there is a special trim called the Dodge Challenger R/T. MoneyGeek compared the top insurance companies for a Dodge Challenger R/T in terms of price, service and claims record since affordability is not the sole thing that counts.

Car Insurance CostsChallenger R/T

2024

Table of Contents

Cheapest Insurer - State Farm

Best Insurer - State Farm

Runner-Up - GEICO

Costs by Model Year

Costs by Driver Age

Costs by Location

Why Trust MoneyGeek? We collected thousands of car insurance quotes from Quadrant Information Services to analyze the average rates for a Dodge Challenger R/T.

These rates were updated to reflect the average cost of car insurance for a Dodge Challenger R/T as of 2023.

10Companies Compared

50,796 Quotes Analyzed

Average Cost and Cheapest Companies for Insuring a Dodge Challenger R/T

The average yearly cost of insurance for a Dodge Challenger R/T is $1,707, though different companies may charge varying rates. State Farm offers the cheapest auto insurance for full coverage at $1,392, while the cost of an equivalent Farmers insurance policy is $1,987.

State Farm has the least expensive average premium for minimum coverage plans at $525 annually, while Farmers offers the most expensive policy at $796. Compare prices from multiple providers to discover the cheapest auto insurance.

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Age

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Age:40

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Coverage:Full Coverage


State Farm	$1,392
GEICO	$1,411
Travelers	$1,624
Allstate	$1,628
Nationwide	$1,670
Progressive	$1,960
Farmers	$1,987

Is a Dodge Challenger R/T Expensive to Insure?

A Dodge Challenger R/T, which has a manufacturer’s suggested retail price (MSRP) of $38,825 for the 2022 model year, has moderate insurance costs due to its horsepower and high rate of theft. Data from the National Highway Traffic Safety Administration indicate this vehicle is stolen more often, making it riskier to insure. Beyond this, cars with higher horsepower are viewed as riskier to insure due to drivers engaging in potentially reckless behavior behind the wheel.

Best Companies for Insuring a Dodge Challenger R/T

Price, customer service and claims handling are all essential factors in determining the best car insurance companies for a Dodge Challenger R/T. The following providers emerged as the top picks for full coverage for this vehicle:

State Farm: MoneyGeek score of 90 out of 100 ($1,392 per year)
GEICO: MoneyGeek score of 90 out of 100 ($1,411 per year)

With State Farm, you will pay less for high-quality service as it provides the lowest premiums and the second-best overall service rating among the insurance providers evaluated in our analysis.

MoneyGeek Top Pick: State Farm

pros

Ranked #1 in affordability at $1,392 per year

Provides outstanding customer service

Offers roadside assistance to policyholders

cons

Offers few add-on coverage options

Has below-average rating for handling claims

COMPANY HIGHLIGHTS

State Farm is the best insurer if you want to purchase car insurance for your Dodge Challenger R/T. It is also among the insurers that provide top-notch service to customers while making the most of its affordable premiums. However, it has limited add-on coverage options and a below-average rating for handling claims.

Roadside assistance, one of the few coverages offered by State Farm, covers towing to the closest place where maintenance can be performed, towing the car out if it gets stuck on or close to an open road, mechanical labor for up to an hour at the location of the breakdown, supply of gas, oil, a battery replacement or a tire change and locksmith labor for up to an hour to unlock an insured car if the key is misplaced, taken away or confined inside the vehicle.

Read MoneyGeek's State Farm Auto Insurance Review

MoneyGeek Runner-Up: GEICO

pros

Provides the second-cheapest rates among seven companies

Good customer satisfaction rating

Has unique add-on coverages like antique/classic car insurance and mechanical breakdown insurance (MBI)

cons

No original equipment manufacturer (OEM) coverage

Poor claims management score

Low coverage score

COMPANY HIGHLIGHTS

GEICO came in second since it offers good client service at a fair price. It provides the second-cheapest rates among seven insurance companies we evaluated that provide coverage for consumers using a Dodge Challenger R/T. However, it has a relatively low claims management rating and has no OEM coverage, which is common among other insurers.

The rental car and/or travel reimbursement, MBI, accident forgiveness, antique/classic car insurance and roadside assistance coverage are advantageous to policyholders.

Instead of the typical list of services included under most dealer-extended warranties, think about buying MBI, which protects all parts and systems on your Dodge Challenger R/T to gain further security. This add-on insurance is available to drivers with vehicles that are under 15 months old and have less than 15,000 miles on them.

Cost of Insuring a Dodge Challenger R/T by Model Year

A vehicle’s age is among the factors that affect the average cost of car insurance. Since a car's value decreases over time, newer models are often pricier to insure. For a Dodge Challenger R/T, full coverage insurance costs $1,349 annually for a 2009 model and $1,926 for a 2022 model.

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Age:40

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Coverage:Full Coverage


2022	$1,926
2021	$1,870
2020	$1,821
2019	$1,829
2018	$1,809
2017	$1,739
2016	$1,728
2015	$1,688
2014	$1,613
2013	$1,587
2012	$1,533
2011	$1,423
2010	$1,399
2009	$1,349

The average cost of auto insurance also differs between service providers. State Farm offers the cheapest insurance for a 2009 model of Dodge Challenger R/T, costing $1,002 annually for full coverage, while Travelers is the most affordable for a 2022 model at $1,531 annually.

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Model Year:2022

Age

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Age:40

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Coverage:Full Coverage


Travelers	$1,531
GEICO	$1,722
State Farm	$1,769
Nationwide	$1,796
Allstate	$2,200
Farmers	$2,323
Progressive	$2,386

Cost of Insuring a Dodge Challenger R/T for 16- to 25-Year-Olds

When determining the price of insurance for a Dodge Challenger R/T, companies do more than simply look at the age of your vehicle. They also assess your age.

Young drivers often pay more for teen auto insurance than drivers aged 30 to 40. The average cost of full coverage for a 16-year-old is $7,566. A 40-year-old driver pays around $1,650. Young driver rates drastically decline annually in their teens until they stabilize when they are in their 20s.

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Coverage:Full Coverage


16	$7,566
17	$6,186
18	$5,455
19	$3,790
20	$3,435
21	$2,643
22	$2,444
23	$2,272
24	$2,157
25	$1,937

You can identify the cheapest rates by comparing companies. For a 2022 Dodge Challenger R/T, State Farm charges $5,778 yearly for a full coverage plan for 16-year-old drivers, while Progressive charges $13,523. Keep in mind that these are the prices for individual teen car insurance policies. Teenagers could save a lot more cash by participating in a family plan, and teens under 18 might need a parent’s permission to get insurance.

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Age:16

Model Year

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Model Year:2022

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Coverage:Full Coverage


State Farm	$5,778
Travelers	$6,364
Nationwide	$7,524
GEICO	$8,042
Allstate	$9,514
Farmers	$11,298
Progressive	$13,523

How Does Location Affect the Cost of Dodge Challenger R/T Insurance?

Although your age, the make and the model year of your Dodge Challenger R/T have a significant impact on your car insurance rate, your location also plays a significant role. The average cost of auto insurance varies by state, with Florida charging the most expensive premiums and Idaho having the cheapest rates. It's crucial to know which companies offer the best rates so you can get quotes from them.

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Age Group:30-59

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Coverage:Full Coverage


Alabama	Nationwide	$709	$59
Alaska	State Farm	$699	$58
Arizona	Root Insurance Company	$682	$57
Arkansas	State Farm	$629	$52
California	AAA California	$1,001	$83
Colorado	American National P&C	$541	$45
Connecticut	GEICO	$693	$58
Delaware	State Farm	$881	$73
District of Columbia	GEICO	$662	$55
Florida	State Farm	$1,058	$88
Georgia	Country Financial	$665	$55
Hawaii	GEICO	$565	$47
Idaho	American National P&C	$299	$25
Illinois	Country Financial	$663	$55
Indiana	American Family	$555	$46
Iowa	State Farm	$509	$42
Kansas	Nationwide	$670	$56
Kentucky	Nationwide	$790	$66
Louisiana	Louisiana Farm Bureau	$1,048	$87
Maine	Concord Group	$521	$43
Maryland	Progressive	$938	$78
Massachusetts	State Farm	$483	$40
Michigan	GEICO	$898	$75
Minnesota	State Farm	$797	$66
Mississippi	Direct General Insurance	$723	$60
Missouri	Nationwide	$909	$76
Montana	Progressive	$437	$36
Nebraska	American National P&C	$405	$34
Nevada	CSAA	$940	$78
New Hampshire	State Farm	$540	$45
New Jersey	Plymouth Rock Assurance	$895	$75
New Mexico	State Farm	$644	$54
New York	Kemper	$781	$65
North Carolina	Erie	$630	$52
North Dakota	American Family	$616	$51
Ohio	Nationwide	$485	$40
Oklahoma	State Farm	$662	$55
Oregon	State Farm	$706	$59
Pennsylvania	Nationwide	$580	$48
Rhode Island	State Farm	$700	$58
South Carolina	American National P&C	$463	$39
South Dakota	Allstate	$746	$62
Tennessee	State Farm	$579	$48
Texas	State Farm	$699	$58
Utah	Nationwide	$725	$60
Vermont	State Farm	$493	$41
Virginia	American Family	$601	$50
Washington	PEMCO	$534	$44
West Virginia	Erie	$784	$65
Wisconsin	GEICO	$556	$46
Wyoming	State Farm	$745	$62

Frequently Asked Questions About Dodge Challenger R/T Insurance

We answered some frequently asked questions about affordability and service quality to help drivers compare auto insurance quotes for a Dodge Challenger R/T.

What company has the cheapest car insurance for a Dodge Challenger R/T?

The average cost of insurance for a Dodge Challenger R/T is $1,707 per year for full coverage, which is $708 less than the $2,415 average cost for any other model. State Farm has the most affordable insurance rates for a Dodge Challenger R/T, charging $1,392 annually.

What company offers the best car insurance for a Dodge Challenger R/T?

With a score of 90 out of 100, State Farm slightly outperformed GEICO and other top companies to be named the best auto insurance for a Dodge Challenger R/T. It earned high scores in terms of cost and customer service.

About Mark Fitzpatrick

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.

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