Chrysler 300 Insurance on a Budget: Factors Impacting Costs

How much does Chrysler 300 insurance cost? We explore average car insurance rates from the Touring trim to the S V8 model to see how prices compare to the competition.

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How much does Chrysler 300 car insurance cost?

Chrysler 300 insurance costs an average of $2,232 per year for a full coverage policy. Monthly insurance cost ranges from $175 to $205, depending on the trim level being insured.

Average cost for individual policy coverages is $616 a year for liability insurance, $1,032 for collision, and the remaining $584 is for comprehensive coverage.

The following chart shows average car insurance rates for a 2023 Chrysler 300 using a variation of different driver ages and risk scenarios.

Average 2023 Chrysler 300 insurance premiums for different driver ages and risk scenarios.
Figure 1: Average 2023 Chrysler 300 insurance premiums for different driver ages and risk scenarios. Rates updated on June 26, 2025.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average rates are for a 2023 model year Chrysler 300 with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Chrysler 300 trim levels.

2023 Chrysler 300 Insurance Cost Summary
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$5,098$425
Safe Driver Age 20$4,462$372
At-fault Accidents Age 40$3,138$262
Low Deductibles Age 40$2,944$245
Safe Driver Age 30$2,382$199
Safe Driver Age 40$2,232$186
Safe Driver Age 50$1,974$165
High Deductibles Age 40$1,864$155
Discount Rate Age 40$1,856$155
Safe Driver Age 60$1,848$154

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2023 Chrysler 300 trim levels. Updated June 26, 2025

To give you a better sense of the full range of possible insurance rates, consider that you can buy a liability-only policy in the cheaper areas of Maine or Idaho can be as low as $206 a year, while a newly-licensed teen driver with a few tickets and claims in some neighborhoods in New York City, could be looking at $17,555 a year for a policy with full coverage.

Some additional important data observations about Chrysler 300 car insurance rates include:

  • Avoiding accidents saves money. Having frequent accidents may increase rates, possibly as much as $3,140 per year for a 20-year-old driver and even $518 per year for a 60-year-old driver.
  • Policy discounts save money. Discounts may be available if the insureds are senior citizens, take a defensive driving course, are accident-free, are military or federal employees, or many other policy discounts which could save the average driver as much as $376 per year.
  • Young males pay a lot more for insurance. For a 2023 Chrysler 300, a 20-year-old male receives an average rate of $4,462 per year, while a 20-year-old female will pay an average of $3,206, a difference of $1,256 per year. The females get much better rates. But by age 50, the rate for men is $1,974 and the cost for female drivers is $1,928, a difference of only $46.
  • Tickets and violations can cost a lot. In order to have the most reasonable price on 300 insurance rates, it’s necessary to drive within the law. Just one or two blemishes on your motor vehicle report could raise 300 insurance rates by at least $582 per year. Major convictions like a DWI could raise rates by an additional $2,042 or more.
  • Prepare for sticker shock for high risk insurance. For a 30-year-old driver, having too many driving record violations or accidents can potentially increase rates by $2,716 or more per year.
  • Plan on paying a lot to insure a teen driver. Chrysler 300 insurance costs an average of $7,828 per year for a 16-year-old driver, $7,600 per year for a 17-year-old driver, and $6,847 per year for an 18-year-old driver.

What models have cheap Chrysler 300 insurance?

The cheapest trim level of Chrysler 300 to insure is the Touring at around $2,094 per year. The next cheapest trim is the Touring AWD at $2,124 per year, and the third cheapest trim level to insure is the Touring L at $2,176 per year.

The three highest-cost models to insure are the Chrysler 300 S V6, the S V8, and the C trim levels at an estimated $2,252,  $2,314, and $2,460 per year, respectively.

With the majority of models, as vehicle cost increases with multiple vehicle add-ons, insurance policy cost trends upward as well. The next table details average yearly and 6-month auto insurance rates, including a monthly budget figure, for each Chrysler 300 model and trim level.

2023 Chrysler 300 Insurance Rates by Trim Level
2023 Chrysler 300 Trim Level Annual Premium Cost Per Month
Touring$2,094$175
Touring AWD$2,124$177
Touring L$2,176$181
Touring L AWD$2,198$183
S V6$2,252$188
S V8$2,314$193
C$2,460$205

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Updated June 26, 2025

Insurance cost by trim level for a 2023 Chrysler 300 ranging from the Touring model at $2,094 per year to the C model at $2,460
Insurance cost by trim level for a 2023 Chrysler 300 ranging from the Touring model at $2,094 per year to the C model at $2,460

How does insurance cost rank versus other large cars?

The Chrysler 300 ranks first out of three total vehicles in the 2023 large car segment. The 300 costs an average of $2,232 per year to insure for full coverage and the segment median rate is $2,651 annually, a difference of $419 per year.

When average insurance rates are compared to other popular large cars, the Chrysler 300 costs $934 less per year than the Dodge Charger and $324 less than the Nissan Maxima.

The table below shows how Chrysler 300 car insurance cost compares to the top 10 best-selling large cars.

Insurance Cost Comparison: Chrysler 300 vs Large Cars
Rank Make and Model Annual Premium Difference
1Chrysler 300$2,232--
2Nissan Maxima$2,556$324
3Dodge Charger$3,166$934

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each vehicle from the 2023 model year. Updated June 26, 2025

At $2,232 per year, insurance cost for a 2023 Chrysler 300 ranks first out of three models in the large car segment
At $2,232 per year, insurance cost for a 2023 Chrysler 300 ranks first out of three models in the large car segment