2002 Dodge Grand Caravan Car Insurance Cost – 9 Policy Discounts

No normal person anticipates paying for car insurance, especially when they are aware that the cost is too high.

You have so many insurance companies to insure vehicles with, and though it is a good thing to have a selection, it makes it harder to find the lowest cost provider.

Shopping for more affordable insurance coverage is simple if you know the tricks. Just about everyone who carries insurance most likely will be able to cut their insurance bill. But drivers do need to know the way companies market on the web and take advantage of how the system works.

The most recommended method to get policy rate comparisons is to take advantage of the fact most larger insurance companies provide online access to give rate comparisons. To start a quote, the only thing you need to do is give them some information including your education level, if your license is active, your occupation, and how much coverage you want. Your insurance information gets transmitted to many different companies and they return quotes immediately.

Slash your car insurance rates with these nine discounts

Companies that sell car insurance don’t always publicize every discount they offer in a way that’s easy to find, so we break down both well-publicized and the more hidden credits available to lower your premiums when you buy insurance online.

• New Car Discount – Buying a new car model can save up to 30% since new model year vehicles have better safety ratings.
• Own a Home – Owning a house can save a few bucks since home ownership means you have a higher level of financial diligence.
• Fewer Miles Equal More Savings – Keeping the miles down on your Dodge could earn slightly better rates than normal.
• Theft Deterent Discount – Anti-theft and alarm system equipped vehicles can help prevent theft and will qualify for a discount on a insurance quote.
• No Charge for an Accident – This one is not really a discount per se, but a few companies such as Progressive, State Farm and Geico may permit one accident before hitting you with a surcharge if your claims history is clear for a certain period of time.
• Good Students Pay Less – Excelling in school can be rewarded with saving of up to 25%. Many companies even apply the discount to college students up to age 25.
• Anti-lock Brake Discount – Cars and trucks that have anti-lock braking systems are much safer to drive and earn discounts up to 10%.
• Safety Course Discount – Taking a course teaching safe driver skills is a good idea and can lower rates depending on where you live.
• Pay Now and Pay Less – If you pay your entire premium ahead of time rather than paying in monthly installments you could save 5% or more.

Consumers should know that most credits do not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though the math looks like you could get a free car insurance policy, it’s just not the way it works.

Insurance companies who may offer some of the discounts shown above possibly include:

• Progressive
• Geico
• State Farm
• Esurance
• The Hartford

When quoting, ask every company which discounts you may be entitled to. A few discounts might not be offered on policies in your area.

You are unique and your insurance coverage should be too

When it comes to choosing adequate coverage, there really is no perfect coverage plan. Every situation is different so this has to be addressed. Here are some questions about coverages that could help you determine if you could use an agent’s help.

• I have a DUI can I still get coverage?
• Is my business laptop covered if it gets stolen from my vehicle?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Does coverage extend to a rental car in a foreign country?
• Why am I required to get a high-risk car insurance policy?
• Is my 2002 Dodge Grand Caravan covered for flood damage?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area.

Car insurance coverages explained

Learning about specific coverages of a car insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages available from car insurance companies.

Comprehensive insurance – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like damage from a tornado or hurricane, vandalism and hail damage. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision – This covers damage to your Grand Caravan resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like backing into a parked car, crashing into a ditch, sideswiping another vehicle, crashing into a building and rolling your car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Liability coverage – Liability insurance provides protection from damage or injury you incur to people or other property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as legal defense fees, funeral expenses and pain and suffering. How much liability coverage do you need? That is up to you, but buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP kick in for immediate expenses such as EMT expenses, ambulance fees and nursing services. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Feed the piggy bank

There are still a few companies who do not provide price quotes online and usually these regional insurance providers only sell through independent insurance agencies. Discount 2002 Dodge Grand Caravan insurance can be found both online in addition to many insurance agents, and you need to comparison shop both to get a complete price analysis.

We just covered many ways to save on 2002 Dodge Grand Caravan insurance. It’s most important to understand that the more you quote insurance, the better your chances of lowering your car insurance rates. Consumers could even find that the best rates are with a small mutual company. Smaller companies may only write in your state and offer lower car insurance rates as compared to the big name companies such as State Farm or Progressive.

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• Help Your Teen Be a Better Driver (State Farm)
• Who Has Affordable Auto Insurance for a Dodge Grand Caravan in Albuquerque? (InsureABQ.com)
• Car Insurance: When not to Skimp (BankRate.com)
• Shopping for a Safe Car (Insurance Information Insitute)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• What Does No-Fault Insurance Cover? (Allstate)
• Car Insurance FAQ (Trusted Choice)