How Much Does It Cost to Insure a Dodge Charger?

How Much Does It Cost to Insure a Dodge Charger?

Find Cheap Dodge Charger Insurance Quotes

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The Dodge Charger is a popular American sports car and is noted as one of the last great sports sedans. It will cost $4,792 annually to insure the 2019 Dodge Charger SXT, which equates to about $399 a month. The cheapest insurer for this luxury vehicle is State Farm. The market value of a 2019 Dodge Charger SXT will cost around $21,284.

We analyzed the average auto insurance rates for a Dodge Charger and the vehicle's competitors. But it's important to compare insurance quotes across multiple insurers to find the best insurance rate for your Dodge Charger.

Cheapest insurance company for the Dodge Charger: State Farm

State Farm was the cheapest major insurer for the Dodge Charger. State Farm is $2,736 cheaper than Allstate to insure the 2019 Dodge Charger, which is the most expensive large insurer for the Charger. Progressive is the second-cheapest insurer, costing just $65 more a month to insure the 2019 Dodge Charger.

This graph shows the cheapest auto insurers for the Dodge Charger

Find Cheap Dodge Charger Insurance Quotes

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Our sample driver is a 30-year-old, single man with a clean driving record. These insurance rates reflect a full-coverage policy in four major U.S. cities, including Los Angeles, New York, Chicago and Dallas.

How much is car insurance for a Dodge Charger?

On average, the cost to insure a Dodge Charger is $4,406 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.

Out of the models surveyed, the 2014 Dodge Charger was the cheapest to insure at $4,011, which is $781 cheaper than the 2019 Dodge Charger. Insurance cost data for the 2020 Dodge Charger was not available, but insurance for a newer model is likely to cost more.

Market value
Average Dodge Charger car insurance price
2019 Dodge Charger$21,284$4,792
2018 Dodge Charger$18,590$4,615
2017 Dodge Charger$17,962$4,502
2016 Dodge Charger$16,516$4,338
2015 Dodge Charger$15,267$4,178
2014 Dodge Charger$11,865$4,011

Insurance rates represent the annual cost of a full-coverage policy for a 30-year-old male driver for a Dodge Charger SXT RWD. The insurance rates were found from the top insurers in Los Angeles, New York, Chicago and Dallas.

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Vehicles with extra features can cost more to repair — and insure — than base models of that same vehicle.

Cost of coverage for the Dodge Charger SXT and Dodge Charger GT

We collected insurance quotes for both the base SXT model and the more powerful GT but only found a slight difference in insurance cost between the SXT and the GT. Insurance for the Dodge Charger GT is only $9 more a month.

Average insurance cost
Market value (2019)
Dodge Charger SXT$4,792$21,284
Dodge Charger GT$4,896$25,387
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The Dodge Charger GT is a more expensive model with a more powerful engine. Types of trim can include different sets of features for the vehicle, which can often set the car's value. It can also help predict the potential cost to insurers in the event of an accident. For example, the 2019 Dodge Charger SRT Hellcat has a market value of $54,948, which is $33,664 more than the 2019 Dodge Charger SXT. Because of this, 2019 Dodge Charger Hellcat owners will likely pay hundreds more per year for insurance than Dodge Charger SXT owners.

How Dodge Charger insurance costs compare to other muscle cars

Compared to other types of popular muscle cars on the market, the 2019 Dodge Charger's insurance rates are a bit more expensive at $4,792 a year.

The same sample driver was used to find insurance rates for muscle-car competitors compared to the Dodge Charger. The cost to insure a 2019 Chevy Camaro 1SS is $117 cheaper annually than the Dodge Charger, which is a mere $9 difference a month. The 2019 Ford Mustang is the least expensive, costing $4,378 to insure a year.


Our sample driver was a 30-year-old single man with a clean driving record, living in New York, Los Angeles, Chicago and Dallas. The rates reflect the cost of a full-coverage policy, which is outlined below.

Coverage type
Study limits
Bodily injury liability$50,000 per person/$100,000 per accident
Property damage$25,000 per accident
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Comprehensive and collision$500 deductible

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.

Dodge Charger average market values were obtained from Kelley Blue Book.

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