Cheap 2000 Dodge Caravan Insurance Quotes

Are you a victim of an overpriced insurance coverage policy? It’s quite common and many drivers feel the same as you. Since people have many companies to choose from, it’s nearly impossible to locate the best company.

It’s a great practice to compare prices as often as possible because prices are variable and change quite frequently. Despite the fact that you may have had the lowest price on Caravan coverage a few years ago other companies may now be cheaper. Ignore everything you know about insurance coverage because I’m going to let you in on the secrets to one of the best ways to buy cheaper insurance coverage.

How to get free insurance coverage quotes online

Finding more affordable 2000 Dodge Caravan insurance coverage rates can be relatively painless. Drivers just need to spend a few minutes getting comparison quotes provided by online insurance companies. It’s really simple and can be done by following the guidelines below.

  1. The easiest and least time consuming way to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This method keeps you from doing boring form submissions for every company. In just a few minutes this one form gets insurance cost estimates from insurance coverage companies with the best prices.
  2. A different way to analyze rates requires you to visit each company’s website and go through the quote process again. For sake of this example, we’ll pretend you want to compare rates from State Farm, Progressive and Geico. You would need to navigate to each company’s site and repeatedly enter your information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

It’s up to you how you get prices quotes, just make absolute certain that you use exactly the same coverages and limits on every quote you get. If you enter higher or lower deductibles you will not be able to decipher which rate is best.

But they said I’d save $461 a year!

Consumers can’t ignore all the ads that claim the best prices by State Farm, Allstate and Geico. All the ads make the same claim that you’ll save big if you change your policy.

It sounds good, but how can they all claim to save you money? Here is how they do it.

Companies can use profiling for the type of customer that will be a good risk. One example of this type of driver may need to be between the ages of 30 and 50, carries high limits, and has excellent credit. A propective insured that meets those criteria will get low car insurance rates as well as cut their rates if they switch.

People who do not match the “perfect” profile will be charged a more expensive rate and ends up with business not being written. If you listen closely, the ads state “drivers that switch” not “all people who quote” can get the lowest rates when switching. That’s why companies can make claims that they all have the best prices.

This really illustrates why you absolutely need to get insurance quotes from several different companies. It’s impossible to know the company that will provide the lowest premium rates.

Dodge Caravan insurance price factors

Multiple criteria are used in the calculation when you get your auto insurance bill. Most are fairly basic like an MVR report, but other criteria are less apparent such as your marital status and annual miles driven.It’s important that you understand the factors that help determine the rates you pay for insurance coverage. If you have a feel for what determines base rates, this enables informed choices that could help you find big savings.

  • Cheaper rates after marriage – Getting married can get you a discount compared to being single. It demonstrates that you tend to be more mature and responsible and insurance companies reward insureds because married drivers tend to have fewer serious accidents.
  • Liability insurance – Liability coverage will provide protection in the event that you are responsible for causing personal injury or damage in an accident. Liability provides for a legal defense to attempt to prove you were not liable. This coverage is very inexpensive as compared to coverage for physical damage, so drivers should make sure they buy enough to cover all assets.
  • Only buy what you need – There are a lot of additional coverages that may not really be needed on your insurance coverage policy. Coverage for things like rental car reimbursement, towing coverage, and membership fees could be just wasting money. The coverages may be enticing when buying your policy, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Increase coverage deductibles and save – Comp and collision deductibles define how much you are willing to pay before your insurance coverage pays a claim. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Examples of covered claims could be rearending another vehicle, damage caused by hail, and damage caused by road hazards. The more you choose to pay out-of-pocket, the lower your rates will be on Caravan coverage.
  • Vocation stress can affect rates – Occupations like military generals, social workers and miners tend to pay higher premiums than the average policyholder because of high stress and long work days. Other occupations like actors, engineers and retirees have lower than average premiums on Caravan coverage.
  • Is your vehicle theft-ready? – Choosing a vehicle with a theft deterrent system can help lower your rates. Theft deterrent systems such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder car theft and help bring rates down.
  • Cautious drivers pay less – Careful drivers receive lower rates than their less careful counterparts. Having just one moving violation can increase rates twenty percent or more. People who have flagrant tickets like DUI, reckless driving or excessive speeding may need to file a SR-22 with their state’s licensing department in order to legally drive.

Car insurance discounts are available to reduce your rates

Auto insurance companies do not advertise all available discounts in a way that’s easy to find, so we took the time to find both well-publicized in addition to some of the lesser obvious credits available to you.

  • Seat Belt Discounts – Requiring all passengers to use a seat belt can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
  • Driving Data Discount – Drivers that enable driving data submission to analyze driving manner remotely such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks if they show good driving skills.
  • Auto/Life Discount – Larger insurance companies have a discounted rate on car insurance if you buy a life insurance policy as well.
  • Defensive Driver Discounts – Participating in a course teaching driver safety skills can save you 5% or more depending on where you live.
  • Military Deployment Discount – Being deployed in the military could trigger a small discount.
  • Anti-theft Discount – Anti-theft and alarm system equipped vehicles can help prevent theft and earn discounts up to 10% off your insurance quote.
  • Organization Discounts – Joining a qualifying organization can get you a small discount on your bill.
  • Accident Free – Insureds who avoid accidents and claims pay less in comparison to drivers who are more careless.
  • Driver’s Education for Students – Require your teen driver to participate in a local driver’s education class if offered at their school.

Don’t be surprised that many deductions do not apply to your bottom line cost. Most cut the price of certain insurance coverages like medical payments or collision. So even though you would think all the discounts add up to a free policy, it just doesn’t work that way.

To find insurers that offer multiple discounts, click here to view.

Everyone needs different insurance coverages

When it comes to buying the right insurance coverage, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions could help you determine if your insurance needs would benefit from professional advice.

  • Do I have coverage for damage caused while driving under the influence?
  • How much underlying liability do I need for an umbrella policy?
  • Does medical payments coverage apply to all occupants?
  • Do I have coverage when pulling a U-Haul trailer?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Does liability extend to a camper or trailer?

If you can’t answer these questions then you might want to talk to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance coverage breakdown

Learning about specific coverages of a auto insurance policy helps when choosing the right coverages and proper limits and deductibles. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types offered by auto insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family and also any damage incurred to your Dodge Caravan.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Usually the UM/UIM limits do not exceed the liability coverage limits.

Collision coverage protection

Collision insurance covers damage to your Caravan resulting from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things such as sustaining damage from a pot hole, hitting a parking meter and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also increase the deductible to bring the cost down.

Auto liability insurance

This coverage can cover damages or injuries you inflict on other people or property that is your fault. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as repair costs for stationary objects, medical expenses and pain and suffering. How much coverage you buy is your choice, but buy as much as you can afford.

Comprehensive auto coverage

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as hitting a bird, rock chips in glass and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP kick in for expenses such as prosthetic devices, doctor visits, rehabilitation expenses, hospital visits and nursing services. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Final thoughts

When trying to cut insurance costs, it’s a bad idea to buy less coverage just to save a little money. There are a lot of situations where someone dropped liability coverage limits only to find out that it was a big mistake. The aim is to get the best coverage possible for the lowest price, but don’t skip important coverages to save money.

Lower-priced insurance can be purchased both online as well as from insurance agents, and you need to price shop both to get a complete price analysis. A few companies do not offer internet price quotes and most of the time these smaller providers provide coverage only through local independent agents.

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