Cheaper 1996 Dodge Caravan Insurance Quotes

Having to pay for high-priced insurance can deplete your bank account and possibly require you to analyze your spending habits. Performing a price comparison can save money and help to lower your bills every month.

Companies like Allstate, Progressive and Geico constantly bombard you with advertising and consumers find it hard to ignore the promise of big savings and effectively compare rates to find the best deal.

If you have car insurance now, you will be able to lower your premiums substantially using this information. Finding the best rates is easy if you know what you’re doing. Although vehicle owners must understand how big insurance companies price insurance differently.

How to get car insurance quotes

Most companies such as Progressive, Allstate and Geico allow you to get coverage price quotes direct online. Comparing rates online is very simple as you simply enter the coverage amounts you desire into the quote form. After you submit the form their rating system requests information on your driving record and credit history and quotes a price based on the information you submitted. Being able to quote online makes it simple to compare prices but having to visit several different sites and type in the same information can be a bit repetitive. But it is imperative to perform this step in order to get the best price possible.

A less time-consuming method to find lower prices makes use of a single form that obtains quotes from a lot of companies. It’s a real time-saver, eliminates repetitive work, and makes rate comparisons much more efficient. After your information is entered, it is quoted and you are able to buy any of the pricing results.

If the quotes result in lower rates, you can click and sign and purchase the new policy. This process takes 15 minutes at the most and may result in a nice savings.

In order to find out how much you’re overpaying now, click here and enter your vehicle and coverage information. If you have coverage now, it’s recommended you replicate the coverage information as shown on your current policy. This makes sure you will have a price comparison for similar insurance coverage.

Insurance policy discounts you can’t miss

Insurance is not an enjoyable expense, but you might find some hidden discounts that could help you make your next renewal payment. Larger premium reductions will be automatically applied at the time of purchase, but occassionally some discounts must be asked about prior to receiving the credit.

• Professional Organizations – Being in qualifying employment or professional organizations may earn a discount when shopping for insurance.
• No Claims – Insureds who avoid accidents and claims are rewarded with significantly better rates on insurance quote in comparison to drivers who are more careless.
• ABS Brakes – Cars that have anti-lock braking systems can stop better under adverse conditions and the ABS can save up to 10%.
• Onboard Data Collection – Policyholders that allow their insurance company to study driving patterns by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease if they show good driving skills.
• Discount for Home Ownership – Owning your own home or condo can earn you a little savings because it requires personal responsibility.

Policy discounts save money, but most discount credits are not given to all coverage premiums. The majority will only reduce individual premiums such as comprehensive or collision. So when the math indicates you could get a free insurance policy, it’s just not the way it works.

Insurance companies that may have these benefits include:

• Geico
• Travelers
• Nationwide
• Farmers Insurance
• Esurance
• State Farm
• Progressive
• Mercury Insurance

If you need cheaper insurance quotes, ask all companies you are considering which discounts you may be entitled to. Savings might not be offered in your area. For a list of insurers that offer the discounts shown above, click this link.

How insurers determine Dodge Caravan insurance premiums

The best way to find cheaper auto insurance is to take a look at the factors that help determine the rates you pay for auto insurance. If you have a feel for what determines base rates, this helps enable you to make changes that may reward you with lower premium levels. Many things are used when premium rates are determined. Most are fairly basic like a motor vehicle report, although others are more transparent like your vehicle usage or how safe your car is.

The itemized list below are just a few of the factors utilized by car insurance companies to help set rates.

• Your vocation is a factor – Jobs such as judges, business owners and miners tend to have the highest average rates in part from intense work situations and lengthy work days. Conversely, occupations like actors, engineers and the unemployed pay the least for Caravan insurance.
• Infrequent drivers can save – The higher the miles on your Dodge each year the higher your rate. A lot of insurance companies price each vehicle’s coverage based upon how the vehicle is primarily used. Autos that are left in the garage receive better premium rates than vehicles that have high annual mileage. Having the wrong rating on your Caravan is just wasting money. It’s a good idea to make sure your auto insurance policy states annual mileage.
• Know your credit rating – Having a good credit rating will be a significant factor in determining what you pay. If your credit can use some improvement, you could potentially save money when insuring your 1996 Dodge Caravan if you improve your credit rating. Drivers with good credit tend to be better drivers and file fewer claims than those with poor credit scores.
• Theft deterrents systems cut premiums – Owning a car with an alarm system can help lower your rates. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop auto theft.
• Men pay higher premiums – Statistics show women tend to be less risk to insure than men. The data does not necessarily mean that men are WORSE drivers than women. They both are in accidents at about the same rate, but males cause more damage and cost insurance companies more money. Men also statistically get higher numbers of serious violations like DUI and reckless driving.
• Raise physical damage deductibles and save – Deductibles for physical damage tell how much you are willing to pay out-of-pocket if a covered claim is submitted. Coverage for physical damage, also called ‘full coverage’, protects your car from damage. Examples of covered claims are a windshield broken by a bird, vandalism, and damage caused by road hazards. The more damage repair cost you pay before a claim is paid (deductible), the lower your rates will be for Caravan insurance.
• Cars with good safety ratings are cheaper to insure – Cars with high safety ratings get lower rates. The safest vehicles protect occupants better and lower rates of occupant injuries means lower claim amounts which can result in lower premiums.
• Higher premiums for auto insurance policy lapses – Letting your insurance expire can be a fast way to bump up your auto insurance costs. And not only will insurance be more expensive, getting caught without coverage could earn you a steep fine or even jail time. You may then have to prove you have insurance by filing a SR-22 with your state DMV.

Insurance agents can help

When choosing the right insurance coverage for your vehicles, there is no best way to insure your cars. Each situation is unique and your policy should reflect that. These are some specific questions may help highlight whether you would benefit from an agent’s advice.

• Is my state a no-fault state?
• Do I need more liability coverage?
• How much liability insurance is required?
• When can my company non-renew my policy?
• Does car insurance cover theft of personal property?
• How can I get high-risk coverage after a DUI?
• Does my personal policy cover me when driving out-of-state?
• Do I really need UM/UIM coverage?
• Does my 1996 Dodge Caravan qualify for pleasure use?
• What is high-risk coverage and where do I buy it?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.

Insurance in the media

Big name companies like Progressive, Allstate and Geico continually stream ads on television and other media. All the companies advertise claims that you’ll save big if you just switch to them. How do they all give you a lower rate?

Companies are able to cherry pick for the type of customer that earns them a profit. For instance, a desirable insured might have to be a married female, has other policies, and has great credit. Anyone who matches those parameters is entitled to the best price and therefore will cut their rates if they switch.

Consumers who fall short of the requirements will get higher premium rates which leads to the prospect going elsewhere. If you listen to the ad wording, they say “people who switch” not “everybody who quotes” save that much. That is how companies can truthfully make claims like that.

This really illustrates why you absolutely need to do a rate comparison at every renewal. It’s not possible to predict which insurance company will have the best premium rates at this point in time.

Car insurance coverages and their meanings

Knowing the specifics of car insurance aids in choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on most car insurance policies.

Comprehensive (Other than Collision)

This coverage covers damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like a tree branch falling on your vehicle, damage from a tornado or hurricane, hitting a deer, theft and fire damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Dodge Caravan.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually the UM/UIM limits do not exceed the liability coverage limits.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for surgery, doctor visits, X-ray expenses, nursing services and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Coverage for collisions

Collision insurance will pay to fix damage to your Caravan caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as crashing into a ditch, crashing into a building, colliding with a tree and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible to save money on collision insurance.

Coverage for liability

This protects you from injuries or damage you cause to a person or their property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims like attorney fees, loss of income, medical services, legal defense fees and structural damage. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

A fool and his money are soon parted

When you buy insurance online, never sacrifice coverage to reduce premiums. Too many times, consumers will sacrifice liability limits or collision coverage only to find out that it was a big mistake. The proper strategy is to buy a smart amount of coverage at the lowest possible cost and still be able to protect your assets.

You just read some good ideas how to get a better price on 1996 Dodge Caravan insurance. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. Drivers may discover the biggest savings come from the smaller companies. They often have lower prices on specific markets as compared to the big name companies such as Geico and State Farm.

Some companies don’t offer the ability to get a quote online and these small, regional companies provide coverage only through local independent agencies. Budget-friendly auto insurance can be purchased online and from local agencies, and you should be comparing both to have the best rate selection.

Additional auto insurance information can be found at the links below

• Collision Insurance Coverage (Nationwide)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Prom Night Tips for Teen Drivers (State Farm)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Auto Insurance FAQ (Farmers Insurance)