1998 Dodge Caravan Insurance Rates

Pretty sure you bought an expensive insurance policy? You’re preaching to the choir because there are a lot of people just like you who feel imprisoned by their insurance policy.

Due to the fact that there are so many choices, it is hard for the average consumer to choose the best insurance company.

How to buy insurance online

Effectively comparing insurance prices can be exhausting if you don’t understand the fastest way to get free quotes. You can waste a few hours (or days) discussing policy coverages with insurance agencies in your area, or you could use the web to get pricing more quickly.

Many of the larger companies take part in a program where insurance shoppers only type in their quote data once, and each company can give them a price based on the submitted data. This prevents consumers from doing form submissions to each individual insurance company. To find out what other companies charge click here to start a free quote.

The one downside to getting quotes like this is that you can’t choose which carriers you want pricing from. If you would rather choose specific insurance companies to request quotes from, we put together a list of low cost insurance companies in your area. Click here for list of insurance companies.

The method you choose is up to you, but try to keep the same coverage information with each company. If you use different deductibles you will not be able to determine the lowest rate for your Dodge Caravan. Even a minor difference in limits can result in a big premium difference. And when comparison shopping, comparing a large number of companies will enable you to find lower pricing.

How you can control Dodge Caravan insurance prices

It’s important that you understand some of the factors that help determine the rates you pay for insurance coverage. When consumers understand what impacts premium levels, this allows you to make good choices that will entitle you to much lower annual insurance costs.

Shown below are a partial list of the pieces insurance coverage companies consider when setting your rates.

• Safeguard your assets with liability protection – The liability coverage on your policy is the coverage that protects you if you are responsible for an accident. It will provide you with a defense in court which can cost a lot. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so buy as much as you can afford.
• Men tend to take more risk – Statistics show women tend to be less risk to insure than men. However, don’t assume that men are worse drivers. Both genders cause fender benders at a similar rate, but males have accidents that have higher claims. They also get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly. Young males are several times more likely to be in an accident and therefore are the most expensive to insure.
• Getting married is a good thing – Having a wife or husband may cut your premiums compared to being single. Marriage usually means you are more mature than a single person and statistics show being married results in fewer claims.
• Advanced alarms and GPS tracking – Buying a car with a theft deterrent system can help bring down rates. Anti-theft features like OnStar, LoJack tracking, and tamper alarms all help prevent vehicle theft.
• When should you not file a claims? – If you frequently file small claims, you can pretty much guarantee much higher rates or policy non-renewal. Insurance companies award discounts to drivers who do not file claims often. Your car insurance is intended for larger claims.
• Safer cars means cheaper premiums – Cars with high safety ratings tend to have better insurance rates. Vehicles built for safety help reduce the chance of injuries in an accident and fewer serious injuries translates into savings for insurance companies which can mean better rates for you.
• Do you know your coverage deductibles? – Insurance for physical damage to your car, aka comp and collision, is used to repair damage to your Dodge. Some examples of claims that would be covered are a broken windshield, vandalism, and damage caused by flying debris. The deductibles you choose state the amount of money you are required to spend if you file a covered claim. The more damage repair cost you’re willing to pay, the lower your rates will be for Caravan insurance.
• Your address can push rates up or down – Residing in smaller towns and rural areas of the country can be a good thing when shopping for auto insurance. People who live in big cities have to deal with congested traffic and more severe claims. Fewer drivers on the road means a lower chance of having an accident as well as less vandalism and auto theft.

Earn discounts on insurance coverage

Insurance coverage is easily one of your largest bills, but you may be missing some discounts to cut the cost considerably. A few discounts will be applied at the time you complete a quote, but some need to be manually applied in order for you to get them. If you aren’t receiving every discount available, you may be paying too high a price.

• Good Driver Discounts – Drivers who avoid accidents may save up to 50% more for Caravan insurance than drivers with accidents.
• No Accidents – Insureds with no claims or accidents can earn big discounts in comparison to frequent claim filers.
• Discounts for Government Workers – Simply working for the federal government could cut as much as 10% off for Caravan insurance depending on your insurance coverage provider.
• Service Members Pay Less – Having a family member in the military can result in better rates.
• Passenger Safety Discount – Options like air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.
• Multi-line Discount – If the company offers life insurance, you could get better insurance coveragerates if you take out some life insurance too.
• Early Renewal Discounts – Some insurance coverage companies provide a discount for buying a policy prior to the expiration date on your current policy. You can save around 10% with this discount.
• 55 and Retired – If you’re over the age of 55, you may receive a small discount on rates for Caravan insurance.
• Student Driver Training – Teen drivers should successfully complete driver’s ed class in school.

It’s important to understand that some credits don’t apply to your bottom line cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. Just because you may think all those discounts means the company will pay you, it just doesn’t work that way.

Some of the insurance companies who might offer many of the previously listed discounts possibly include:

• State Farm
• Geico
• Liberty Mutual
• The Hartford
• MetLife
• Progressive

If you need cheap insurance coverage quotes, ask each insurance company which discounts you may be entitled to. A few discounts may not be offered in your area. To locate providers that offer many of these discounts, follow this link.

Tailor your insurance coverage to you

When choosing the best insurance coverage, there really is not a “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that might help in determining whether or not you may require specific advice.

• Does my insurance cover a custom paint job?
• Exactly who is provided coverage by my policy?
• What can I do if my company denied a claim?
• What is no-fault insurance?
• Is motorclub coverage worth it?
• Is my nanny covered when driving my vehicle?
• Does my policy pay for OEM or aftermarket parts?
• Are my tools covered if they get stolen from my vehicle?

If you’re not sure about those questions, you might consider talking 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.

Car insurance coverage information

Understanding the coverages of your insurance policy helps when choosing the best coverages for your vehicles. Policy terminology can be impossible to understand and coverage can change by endorsement. Shown next are the normal coverages available from insurance companies.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for expenses like doctor visits, hospital visits and ambulance fees. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

UM/UIM Coverage

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your 1998 Dodge Caravan.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Coverage for collisions

This coverage pays for damage to your Caravan resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims like sideswiping another vehicle, damaging your car on a curb and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Comprehensive or Other Than Collision

This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims like fire damage, hail damage and rock chips in glass. The maximum payout your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Auto liability

Liability coverage protects you from damages or injuries you inflict on a person or their property. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability insurance covers things like emergency aid, court costs, funeral expenses and attorney fees. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

More choices the merrier

Cheaper 1998 Dodge Caravan insurance is attainable from both online companies in addition to local insurance agencies, so you need to quote insurance coverage with both in order to have the best price selection to choose from. There are still a few companies who may not provide rate quotes online and many times these small, regional companies only sell through independent agents.

We’ve covered a lot of tips how to compare 1998 Dodge Caravan insurance car insurance rates online. The key concept to understand is the more you quote insurance coverage, the better your chances of lowering your premium rates. You may even discover the lowest car insurance rates are with a small mutual company. Some small companies often have lower premium rates on specific markets as compared to the big name companies such as Allstate and Progressive.

For more information, feel free to visit these articles:

• What is Full Coverage? (Allstate)
• How Much Auto Coverage do I Need? (Insurance Information Insitute)
• Vehicle Insurance in the U.S. (Wikipedia)
• Parking Tips to Reduce Door Dings (State Farm)