Lower Your 2002 Dodge Caravan Insurance Quotes

Want better insurance rates for your Dodge Caravan? Trying to find better insurance prices for a new or used Dodge Caravan could be difficult, but you can learn the following methods to find lower rates. There are more efficient ways to shop for insurance and you need to know the best way to get price quotes on a Dodge and locate the best price possible from both online companies and local agents.

Finding affordable coverage is easy if you know what you’re doing. If you have a policy now or need a new policy, you can use this information to cut your premiums while maximizing coverage. Drivers just need to learn the best way to get comparison rates online.

More affordable rates by taking advantage of discounts

Insurance can cost an arm and a leg, but there are discounts available to help offset the cost. Certain discounts will be applied at the time of quoting, but a few must be specially asked for before they will apply. If you do not check that you are getting every discount you deserve, you could be saving more on your auto insurance.

• Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a discounted rate on car insurance if you buy some life insurance in addition to your auto policy.
• Theft Prevention Discount – Cars equipped with anti-theft or alarm systems are stolen less frequently and can earn a small discount on your policy.
• New Vehicle Savings – Adding a new car to your policy can save you some money due to better safety requirements for new model year vehicles.
• Switch and Save Discount – Some auto insurance companies reward drivers for switching to them prior to your current policy expiring. Ten percent is about the average savings.
• Federal Employees – Active or retired federal employment may reduce rates when you quote insurance coverage for Caravan coverage with some auto insurance companies.
• Seat Belts Save – Drivers who require all vehicle occupants to use their safety belts could save 15% off PIP or medical payments premium.

Discounts save money, but please remember that most of the big mark downs will not be given to the entire policy premium. Most cut the price of certain insurance coverages like liability and collision coverage. Even though it may seem like you can get free auto insurance, nobody gets a free ride.

To locate insurers with the best auto insurance discounts, click here to view.

How insurance providers calculate Dodge Caravan insurance costs

Multiple criteria are used in the calculation when you quote your car insurance policy. Some of the criteria are obvious such as your driving history, but others are not as apparent like where you live or your commute time.It’s important that you understand the rating factors that play a part in calculating the rates you pay for auto insurance. If you have a feel for what determines base rates, this allows you to make good choices that could help you find lower rates.

The list below includes just a few of the factors used by companies to determine your premiums.

• Premiums also based on gender – Statistics show females are less aggressive when driving. This data doesn’t prove that men are worse drivers. They both cause accidents in similar numbers, but males cause more damage. Not only that, but men also get more serious tickets like reckless driving and DUI.
• Safety first – Cars with five star safety ratings can get you lower premiums. Highly rated vehicles reduce injuries and fewer serious injuries means less money paid by your insurance company and more competitive rates for policyholders.
• Save by driving less – Driving more miles each year the more you will pay for auto insurance. Most companies charge rates partially by how you use the vehicle. Cars that do not get driven very much qualify for better rates than those used for commuting. It’s always a good idea to double check that your vehicle rating properly reflects the proper vehicle usage. Having the wrong rating on your Caravan may be costing you.
• Improve your credit rating and save – Having a bad credit score is a big factor in determining your rates. Drivers who have very high credit ratings tend to file fewer claims and have better driving records than those with poor credit scores. Therefore, if your credit history is low, you may save money insuring your 2002 Dodge Caravan by improving your credit score.
• Rates can drop if you have more than one policy – Most major insurance companies provide discounts to clients who consolidate policies with them in the form of a multi-policy discount. Even if you qualify for this discount already, it’s always a smart idea to compare rates to ensure the best deal. You may still be able to save even more than the discount even if you have your coverage with different companies
• Be proud to be claim-free – Car insurance companies generally give better rates to drivers who only file infrequent claims. If you are the type of insured that files lots of claims you can look forward to either policy cancellation or increased premiums. Auto insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.

How much car insurance do I need?

When buying proper insurance coverage for your vehicles, there is no one size fits all plan. Every situation is different.

These are some specific questions can help discover whether you will benefit from professional help.

• Can I still get insurance after a DUI?
• Will I lose any money if I cancel my policy before it expires?
• Are split liability limits better than a combined single limit?
• What can I do if my company won’t pay a claim?
• Am I covered when driving in Canada or Mexico?
• How can I find cheaper teen driver insurance?
• Do I need to file an SR-22 for a DUI in my state?

If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and can provide invaluable advice.

Truth in car insurance advertising

Drivers can’t get away from ads for car insurance savings from companies such as Allstate and Progressive. All the companies advertise claims about saving some big amount if you get a free insurance coverage quote and switch your car insurance policy to them.

It sounds good, but how can they all make almost identical claims? Here is the trick they use.

Different companies have an ideal profile for the type of driver that will most likely be profitable. For instance, this type of risk profile should be between the ages of 40 and 55, has never had a policy lapse, and chooses high deductibles. Any new insured that hits that “sweet spot” will most likely get cheap prices and will probably cut their rates substantially.

People who don’t measure up to the “perfect” profile will see higher prices which leads to the prospect going elsewhere. The ads say “customers who switch” not “everyone who quotes” save the amount stated. That is how insurance companies can confidently make those statements. This emphasizes why you really need to get price quotes at each policy renewal. It is just not possible to predict with any certainty which company will fit you best based on your risk profile.

Car insurance policy specifics

Learning about specific coverages of your policy can be of help when determining which coverages you need for your vehicles. Car insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Comprehensive car insurance

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like hitting a deer, hail damage, hitting a bird and a tree branch falling on your vehicle. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for uninsured or underinsured drivers

This provides protection from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Collision coverage

This will pay to fix damage to your Caravan resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as sustaining damage from a pot hole, scraping a guard rail, backing into a parked car, crashing into a ditch and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Liability auto insurance

This coverage provides protection from damage that occurs to other’s property or people. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 which stand for a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against things such as pain and suffering, court costs and repair costs for stationary objects. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Coverage for medical expenses

Med pay and PIP coverage pay for short-term medical expenses for surgery, ambulance fees, funeral costs and rehabilitation expenses. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible

Never pay more for less

When getting insurance coverage quotes online, it’s not a good idea to buy less coverage just to save a little money. There have been many cases where an insured cut uninsured motorist or liability limits only to regret at claim time that it was a big error on their part. Your strategy should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

Consumers leave their current company for a variety of reasons including not issuing a premium refund, extreme rates for teen drivers, denial of a claim or even questionable increases in premium. Whatever your reason, finding a new company is not as difficult as it may seem.

We just presented many tips how you can compare 2002 Dodge Caravan insurance prices online. It’s most important to understand that the more rate quotes you have, the higher the chance of saving money. Consumers may even find the most savings is with the smaller companies.

For more information, feel free to browse these articles:

• Insurance Losses by Make and Model (iihs.org)
• Shopping for a Safe Car (Insurance Information Insitute)
• Car Insurance for Teen Drivers with Divorced Parents (Allstate)
• State Laws for Cellphones and Texting (iihs.org)