Cheaper 2000 Dodge Grand Caravan Car Insurance Cost

Are you regretting buying an underperforming, overpriced car insurance policy? Don’t sweat it because you’re not the only one.

Consumers have many insurance companies to pick from, and even though it’s nice to have a choice, it makes it harder to compare rates and cut insurance costs.

It’s smart to do price comparisons before your next renewal because rates are rarely the same from one policy term to another. Despite the fact that you may have had the lowest rate for Grand Caravan insurance a few years ago you will most likely find a better price today. Forget anything you know (or think you know) about car insurance because we’re going to demonstrate the fastest way to properly buy coverages while reducing your premium.

These discounts can lower your auto insurance rates

Insurance can cost an arm and a leg, but companies offer discounts to help bring down the price. Many of these discounts will be applied automatically at quote time, but some may not be applied and must be asked about before you get the savings.

• No Claims – Drivers who don’t have accidents pay less as opposed to accident-prone drivers.
• ABS Braking Discount – Vehicles that have steering control and anti-lock brakes have fewer accidents and will save you 10% or more.
• Professional Memberships – Joining qualifying employment or professional organizations could earn you a nice discount on your policy.
• Buy New and Save – Insuring a new car can save up to 30% because newer vehicles are generally safer.
• Discounts for Good Drivers – Insureds without accidents could pay up to 40% less for Grand Caravan insurance than less cautious drivers.
• Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle up before driving could cut 10% or more on the premium charged for medical payments and/or PIP.
• Telematics Devices – Insureds who allow data collection to analyze driving habits remotely such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts if they exhibit good driving behavior.
• Discount for Good Grades – Performing well in school can earn a discount of 20% or more. This discount can apply up until you turn 25.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to your bottom line cost. Most only cut specific coverage prices like liability, collision or medical payments. So even though it sounds like it’s possible to get free car insurance, companies wouldn’t make money that way.

Companies and their possible discounts are shown below.

• Geico discounts include driver training, military active duty, five-year accident-free, seat belt use, membership and employees, air bags, and defensive driver.
• USAA has savings for annual mileage, multi-policy, new vehicle, vehicle storage, loyalty savings, family discount, and good student.
• Progressive offers discounts for multi-vehicle, multi-policy, good student, online signing, continuous coverage, and online quote discount.
• American Family has discounts for multi-vehicle, early bird, defensive driver, good student, mySafetyValet, good driver, and air bags.
• Esurance includes discounts for renters, multi-policy, Switch & Save, online shopper, online quote, multi-car, and paid-in-full.
• Farmers Insurance offers premium reductions for distant student, early shopping, pay in full, electronic funds transfer, and business and professional.
• State Farm may have discounts that include good student, defensive driving training, passive restraint, Steer Clear safe driver discount, safe vehicle, and good driver.

Before purchasing a policy, check with each insurance company the best way to save money. Some credits might not apply in your area. If you would like to choose from a list of insurance companies that provide some of the discounts listed above, click here to view.

How much does car insurance cost?

To find inexpensive insurance quotes, there are several ways to compare quotes from many different insurance companies. The easiest way by far to find cheaper 2000 Dodge Grand Caravan rates involves getting comparison quotes online. This is quite simple and can be completed by using one of the methods below.

1. The recommended way to get quotes is a comparison rater form (click to open form in new window). This form saves time by eliminating separate quote forms for every car insurance company. One form gets prices estimates from multiple low-cost companies.
2. A harder way to find better pricing is spending the time to visit each individual company website to complete a price quote. For example, we’ll assume you want to compare Auto-Owners, Progressive and Geico. To get rate quotes you would need to go to each individual site to enter your coverage information, which is why first method is reommended.

   For a list of companies in your area, click here.

It doesn’t matter which method you choose, just ensure you’re using apples-to-apples information for each comparison quote. If you have higher or lower deductibles it will be next to impossible to truly determine the lowest rate. Just slight variations in coverage limits could mean much higher rates. It’s important to know that quoting more will improve the odds of getting lower pricing. Not every company provides price estimates online, so it’s important to compare price estimates from those companies as well.

Different people need different insurance coverage coverages

When choosing coverage, there really is no “best” method to buy coverage. Everyone’s needs are different so your insurance needs to address that. Here are some questions about coverages that may help highlight if you might need professional guidance.

• Should I sign the liability waiver when renting a car?
• Do I have coverage if my license is suspended?
• Does coverage extend to my business vehicle?
• How many claims can I have before being cancelled?
• Should I bundle my homeowners policy with my auto?
• Is my cargo covered for damage or theft?
• How do I file an SR-22 for a DUI in my state?

If you’re not sure about those questions, you may need to chat with an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Parts of your auto insurance policy

Understanding the coverages of auto insurance can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy. Below you’ll find the normal coverages found on the average auto insurance policy.

Liability coverage

This can cover damage or injury you incur to other people or property by causing an accident. This insurance protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability insurance covers things like funeral expenses, loss of income, court costs and repair bills for other people’s vehicles. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like rehabilitation expenses, pain medications, dental work and chiropractic care. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers 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 a good idea.

Comprehensive insurance

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as vandalism, a tree branch falling on your vehicle and theft. The maximum payout a auto insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision protection

Collision coverage will pay to fix damage to your Grand Caravan caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as colliding with another moving vehicle, crashing into a building, hitting a mailbox, rolling your car and colliding with a tree. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Have the Midas touch

When getting insurance quotes online, it’s a bad idea to skimp on coverage in order to save money. In too many instances, drivers have reduced collision coverage only to regret at claim time they didn’t purchase enough coverage. Your focus should be to buy a smart amount of coverage for the lowest price, but do not skimp to save money.

In this article, we presented many ideas to lower your 2000 Dodge Grand Caravan insurance rates. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your car insurance rates. You may even find the lowest rates are with a lesser-known regional company. They often have lower car insurance rates on specific markets than the large multi-state companies such as State Farm, Geico and Nationwide.

To read more, feel free to visit these articles:

• Think You’re a Safe Driver? (State Farm)
• What is Covered by GAP Insurance? (Allstate)
• Five Mistakes to Avoid (Insurance Information Insitute)
• Liability Insurance Coverage (Nationwide)
• Understanding Car Crashes Video (iihs.org)
• Steps to Take After an Auto Accident (Insurance Information Insitute)