Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (2024)

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.

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (1)Car Insurance CostsSRT Hellcat

2024

Table of Contents

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (2)

Cheapest Insurer

- Nationwide

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (3)

Best Insurer

- Travelers

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (4)

Runner-Up

- State Farm

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (5)

Costs by Model Year

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (6)

Costs by Driver Age

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (7)

Costs by Location

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

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (8)

These rates were updated to reflect the average cost of car insurance for a Dodge Challenger SRT Hellcat as of 2023.

Average Cost and Cheapest Companies for Insuring a Dodge Challenger SRT Hellcat

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.

Data filtered by:Results filtered by:

Age:

  • 22
  • 30
  • 70
  • 65
  • 19
  • 29
  • 80
  • 18
  • 85
  • 25
  • 50
  • 55
  • 90
  • 20
  • 26
  • 23
  • 17
  • 60
  • 21
  • 24
  • 35
  • 75
  • 45
  • 16
  • 28
  • 40
  • 27

Age:40

Coverage:

  • Full Coverage
  • State Minimum

Coverage:Full Coverage

NationwideAverage Annual Premium$1,843
TravelersAverage Annual Premium$1,897
State FarmAverage Annual Premium$1,948
GEICOAverage Annual Premium$2,273
FarmersAverage Annual Premium$2,286
AllstateAverage Annual Premium$2,698
ProgressiveAverage Annual Premium$2,927

Is a Dodge Challenger SRT Hellcat Expensive to Insure?

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.

Best Companies for Insuring a Dodge Challenger SRT Hellcat

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.

MoneyGeek Top Pick: Travelers

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (9)

pros

Excellent affordability and customer satisfaction score

Ranks highly in claims experience

Offers gap insurance

cons

Lacks option for Total Loss Deductible Waiver

Doesn't offer Original Equipment Manufacturer (OEM) coverage

COMPANY HIGHLIGHTS

Travelers stands out for its excellent customer service and affordable rates. This insurer offers various add-on coverages to their policyholders, such as New Car Replacement, Accident Forgiveness and Roadside Assistance.

We recommend Dodge Challenger SRT Hellcat drivers opt for New Car Replacement coverage for extra protection in the event your car is totaled within the first five years, allowing you to get a new car of the same make and model.

Travelers Responsible Driver Plan also provides accident forgiveness, meaning your premiums won't increase after an accident within a certain period of safe driving. With Travelers’ roadside assistance coverage, you’ll receive coverage for flat tire changes, towing and lockout services. Add-ons like this will give you extra peace of mind on long road trips.

Read MoneyGeek's Travelers Auto Insurance Review

MoneyGeek Runner-Up: State Farm

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (10)

pros

Offers affordable premium rates

Provides Roadside Assistance Coverage

cons

Ranks low in claims management

Lacks Gap Insurance or Original Equipment Manufacturer (OEM) coverage

COMPANY HIGHLIGHTS

State Farm is MoneyGeek’s runner-up option for insuring your Dodge Challenger SRT Hellcat. This company provides a variety of helpful coverages, such as roadside assistance, car rental and travel expenses and deductible reimbursem*nts in the event of an accident.

State Farm’s Roadside Assistance add-on offers mechanical labor for up to an hour, towing service to the nearest repair shop and locksmith labor if your key is lost, stolen or locked inside your car. With Car Rental and Travel Expenses coverage, State Farm will reimburse the cost of a rental car if your vehicle needs repairs after a covered loss and up to $500 of your deductible if you get into an accident in your rental car. The company will also cover up to $500 of meals, accommodations and transportation costs if the accident occurs more than 50 miles away from your home.

Read MoneyGeek's State Farm Auto Insurance Review

Cost of Insuring a Dodge Challenger SRT Hellcat by Model Year

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.

Data filtered by:Results filtered by:

Age:

  • 40

Age:40

Coverage:

  • Full Coverage
  • State Minimum

Coverage:Full Coverage

2022Average Annual Premium$2,348
2021Average Annual Premium$2,420
2020Average Annual Premium$2,306
2019Average Annual Premium$2,252
2018Average Annual Premium$2,169
2017Average Annual Premium$2,084
2016Average Annual Premium$2,048
2015Average Annual Premium$1,998

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.

Data filtered by:Results filtered by:

Model Year:

  • 2015
  • 2022
  • 2019
  • 2018
  • 2021
  • 2016
  • 2020
  • 2017

Model Year:2022

Age:

  • 40

Age:40

Coverage:

  • Full Coverage
  • State Minimum

Coverage:Full Coverage

NationwideAverage Annual Premium$1,758
FarmersAverage Annual Premium$2,104
TravelersAverage Annual Premium$2,126
State FarmAverage Annual Premium$2,156
GEICOAverage Annual Premium$2,530
AllstateAverage Annual Premium$2,887
ProgressiveAverage Annual Premium$3,832

Cost of Insuring a Dodge Challenger SRT Hellcat for 16- to 25-Year-Olds

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.

Data filtered by:Results filtered by:

Coverage:

  • Full Coverage
  • State Minimum

Coverage:Full Coverage

16Average Annual Premium$9,970
17Average Annual Premium$8,234
18Average Annual Premium$7,262
19Average Annual Premium$5,054
20Average Annual Premium$4,591
21Average Annual Premium$3,584
22Average Annual Premium$3,312
23Average Annual Premium$3,072
24Average Annual Premium$2,913
25Average Annual Premium$2,610

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.

Data filtered by:Results filtered by:

Age:

  • 22
  • 30
  • 70
  • 65
  • 19
  • 29
  • 80
  • 18
  • 85
  • 25
  • 50
  • 55
  • 90
  • 20
  • 26
  • 23
  • 17
  • 60
  • 21
  • 24
  • 35
  • 75
  • 45
  • 16
  • 28
  • 40
  • 27

Age:16

Model Year:

  • 2015
  • 2022
  • 2019
  • 2018
  • 2021
  • 2016
  • 2020
  • 2017

Model Year:2022

Coverage:

  • Full Coverage
  • State Minimum

Coverage:Full Coverage

State FarmAverage Annual Premium$7,077
NationwideAverage Annual Premium$7,222
TravelersAverage Annual Premium$8,971
FarmersAverage Annual Premium$9,784
GEICOAverage Annual Premium$11,837
AllstateAverage Annual Premium$12,299
ProgressiveAverage Annual Premium$22,355

How Does Location Affect the Cost of Dodge Challenger SRT Hellcat Insurance?

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.

Data filtered by:Results filtered by:

Age Group:

  • 60 +
  • 22-29
  • 30-59

Age Group:30-59

Coverage:

  • Full Coverage
  • Minimum Coverage

Coverage:Full Coverage

AlabamaCheapest CompanyNationwideAnnual Premium$709Monthly Premium$59
AlaskaCheapest CompanyState FarmAnnual Premium$699Monthly Premium$58
ArizonaCheapest CompanyRoot Insurance CompanyAnnual Premium$682Monthly Premium$57
ArkansasCheapest CompanyState FarmAnnual Premium$629Monthly Premium$52
CaliforniaCheapest CompanyAAA CaliforniaAnnual Premium$1,001Monthly Premium$83
ColoradoCheapest CompanyAmerican National P&CAnnual Premium$541Monthly Premium$45
ConnecticutCheapest CompanyGEICOAnnual Premium$693Monthly Premium$58
DelawareCheapest CompanyState FarmAnnual Premium$881Monthly Premium$73

Frequently Asked Questions About Dodge Challenger SRT Hellcat Insurance

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.

What company has the cheapest car insurance for a Dodge Challenger SRT Hellcat?

MoneyGeek determined that Nationwide offers the most affordable insurance coverage for the Dodge Challenger SRT Hellcat at an average of $1,843 per year for a full coverage policy. This model’s overall average annual insurance cost is $2,270, so you’ll likely save some money by going with this provider for your Dodge Challenger SRT Hellcat. However, it’s important to remember that your age, car model year and location will impact the rate you receive.

What company offers the best car insurance for a Dodge Challenger SRT Hellcat?

Travelers earned a MoneyGeek score of 90 out of 100, making it the top pick for car insurance for a Dodge Challenger SRT Hellcat. It surpassed State Farm, Nationwide, Farmers, GEICO, Allstate and Progressive due to its high customer satisfaction and affordability scores. This company also offers some valuable coverage add-ons to consider. These options make Travelers an excellent option for those looking for quality service at an affordable rate for their Dodge Challenger SRT Hellcat.

About Mark Fitzpatrick

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (11)

Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick 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.

Compare the Cost of Dodge Challenger SRT Hellcat Insurance by Model Year and Company (2024)

FAQs

How much does it cost to insure a challenger hellcat? ›

Cost of Insuring a Dodge Challenger SRT Hellcat by Model Year
CompanyAverage Annual Premium
State FarmAverage Annual Premium$2,156
GEICOAverage Annual Premium$2,530
AllstateAverage Annual Premium$2,887
ProgressiveAverage Annual Premium$3,832
3 more rows
May 20, 2024

Is Dodge Challenger insurance expensive? ›

The average cost of full coverage car insurance for a Dodge Challenger is 51 percent higher than the national average. A few different factors are at play in these high rates: Crash rate stats: The Dodge Challenger has faced challenges with safety ratings.

How much is insurance on a Dodge Charger SRT? ›

On average, Dodge Charger insurance costs $2,824 per year for full coverage. But that premium can change depending on a number of factors including your driving history, location and age of your vehicle.

Are dodges more expensive to insure? ›

Average Cost To Insure a Dodge

The average cost to insure a 2022 Dodge model is $354 per month or $4,242 per year. That's about 145% higher than the national average for a full-coverage auto policy, which is currently $144 per month or $1,730 per year.

What salary do you need to afford a Hellcat? ›

afford a brand new Dodge Charger Hellcat, you need an annual gross income around $200,000.

How much is it to maintain a Hellcat? ›

2019 Challenger Coupe SRT Hellcat 2dr Coupe (6.2L 8cyl S/C 6M)
Year 1Total
Insurance$1,893$10,051
Maintenance$565$8,924
Repairs$565$3,943
Taxes & Fees$4,270$5,332
4 more rows

Is a Dodge Challenger considered a sports car for insurance? ›

Well-known models such as the Chevrolet Camaro, Chevrolet Corvette, Ford Mustang and Dodge Challenger can be thought of as mid-level sports cars. Despite their classification as sports cars, these vehicles don't typically need any additional coverage beyond standard requirements.

Is a charger cheaper on insurance than a challenger? ›

The cost of insuring a Dodge car can change based on the model. For example, the Dodge Charger is the most affordable to insure at approximately $1,447 per year. Meanwhile, a Dodge Challenger SRT Hellcat has the most expensive insurance premiums at roughly $2,512 per year.

Why is Dodge Charger insurance expensive? ›

Dodge Charger Insurance Costs by State

State variations in Charger auto insurance costs are typically driven by past claims in the state, medical costs, repair costs, state regulations and more. Louisiana is the most expensive state for insuring a Dodge Charger ($6,294 a year).

What is the life expectancy of a Dodge Charger SRT? ›

However, the general feedback regarding the Charger's lifespan seems to be between 150,000 to 250,000 miles. This seems to be an accurate estimate based on discussion boards like the Charger Forums, where people shared how easily the Charger cleared the 100k-mile mark.

Will my insurance go up if I buy a Dodge Charger? ›

On average, the cost to insure a Dodge Charger is $2,392 per year. Insurance rates will vary based on model year and vehicle value. Newer models are often more expensive, which is why you see the insurance rates steadily increase.

What is the average price of a SRT? ›

The price of the 2023 Dodge Challenger SRT / SRT Hellcat starts at $71,895 and goes up to $92,895 depending on the trim and options.

How much is insurance for a Dodge Challenger SRT 392? ›

Auto insurance for a Dodge Challenger will cost about $1,467 per year. This beats the national average for popular coupe models by $758. Our car insurance comparison study assumes a 40 year old good driver with full coverage and good credit that drives around 13,000 miles per year.

Why is my Dodge Challenger insurance so high? ›

The average annual insurance cost for a Dodge Challenger is $1,887. These rates are more expensive than car insurance for other models. That's due to the premium rates of sports cars and the relatively high theft rate of this model.

What is the cheapest insurance for a challenger? ›

Cheapest car insurance for a Dodge Challenger

State Farm offers the cheapest Dodge Challenger insurance, with an average quote of $154 per month. That's 43% less than the average price for Challenger insurance and 21% cheaper than the next-best option, USAA.

How much would you need to put down for a Hellcat? ›

$93,000 after putting down 20% or around $18,000. your total loan amount is $75,000 over 5 years, which brings our monthly cost around 1400 dollars. the average annual maintenance cost is around $650. or $54 per month. the average annual insurance cost is around 2000.

Is a challenger a sports car for insurance? ›

There are also different varieties of sports cars, such as the traditional sporty vehicles like Chevrolet Camaros or Corvettes, Dodge Challengers or Toyota Supras, and higher-end vehicles like Lamborghini, Ferrari and Porsche. Not all fast cars are considered sports cars.

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