2003 Dodge Caravan Insurance Rates – 6 Tricks for Cheapest Quotes

No sane person likes having to buy auto insurance, especially when they are aware that the price is too high.

Due to the increasing number of insurance companies to choose from, it can be challenging to choose the cheapest auto insurance company.

It’s a good idea to compare premium rates once or twice a year because insurance prices change quite often. Despite the fact that you may have had the lowest price for Caravan coverage two years ago you will most likely find a better rate today. Forget all the misinformation about auto insurance because you’re about to find out the best methods to find great coverage at a great price.

Compare auto insurance rate quotes

To find more affordable quotes, there are a couple of ways to compare rate quotes from different insurance companies. The easiest way to find affordable 2003 Dodge Caravan insurance rates involves getting comparison quotes online. It is quite easy and can be accomplished in a couple minutes as outlined below.

• The single most time-saving way consumers can make multiple comparisons is a comparison rater form click here to open form in new window. This form keeps you from doing multiple quote forms for each price estimate. A single, simple form gets coverage cost estimates from multiple companies.
• A less efficient way to compare rate quotes requires you to visit the website for every company you want to comare to complete their respective quote request forms. For instance, we’ll pretend you need rates from State Farm, Safeco and Farmers. To get each rate you have to spend time on each company’s site to enter your coverage information, and that explains why we recommend the first method.

  To view a list of companies in your area, click here.

Whichever way you use, be sure you’re using the same quote information with each company. If you are comparing different deductibles it will be very difficult to truly determine the lowest rate. Just a small difference in insurance coverages may result in a large different in cost. And when price shopping your coverage, obtaining a wide range of quotes helps locate better pricing. Some companies don’t provide prices over the internet, so you should also compare price quotes from those companies as well.

Save 15 percent in 15 minutes? Is it for real?

Respected companies like Allstate and Progressive consistently run ads on TV and radio. They all seem to advertise the message that drivers will save a bundle after switching your insurance coverage policy to them. Is it even possible that every company can offer you a better deal? Here is how they do it.

Insurance coverage companies have an ideal profile for the driver that earns them the most money. An example of a desirable risk could possibly be between the ages of 30 and 45, carries full coverage, and insures a new vehicle. A customer getting a price quote that hits that “sweet spot” will most likely get cheap rates and have a good chance to save if they switch.

People who do not match the requirements will probably be forced to pay a higher rate and this can result in the customer buying from a different company. The ad wording is “customers that switch” but not “all drivers who get quotes” save money. That is how companies can truthfully lure you into getting a quote. Because of this risk profiling, it is so important to compare as many free car insurance quotes as you can. It is impossible to guess the company that will fit your personal profile best.

Lower rates by qualifying for these six discounts

Some companies don’t always advertise all their discounts very clearly, so here is a list both well-publicized and the more hidden credits available to you.

• Pay Now and Pay Less – If you pay your entire premium ahead of time rather than paying monthly you may reduce your total bill.
• Club Memberships – Affiliation with a professional or civic organization could earn you a nice discount when getting a car insurance quote.
• Senior Discount – If you qualify as a senior citizen, you are able to get a slight reduction on a car insurance quote for Caravan coverage.
• Multi-Vehicle Discounts – Buying a policy with more than one vehicle with the same auto insurance company can reduce the rates for all insured vehicles.
• Discounts for Safe Drivers – Insureds who avoid accidents can pay as much as 50% less for Caravan coverage than their less cautious counterparts.
• Discount for Low Mileage – Fewer annual miles on your Dodge could earn slightly better auto insurancerates than normal.

Consumers should know that many deductions do not apply to the entire policy premium. Some only reduce specific coverage prices like collision or personal injury protection. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way.

If you would like to view providers offering auto insurance discounts, click this link.

Insurance is unique, just like you

When buying coverage for your personal vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance needs to address that. For example, these questions might help in determining whether you might need an agent’s assistance.

• I have good health insurance, so how much medical payments coverage do I need?
• If my 2003 Dodge Caravan is totaled, can I afford another vehicle?
• How can I get my company to pay me more for my totalled car?
• Am I covered if I wreck a rental car?
• Should I put collision coverage on all my vehicles?
• When should I drop full coverage on my 2003 Dodge Caravan?
• Should I buy only the required minimum liability coverage?
• Do I need an umbrella policy?
• What is no-fault insurance?
• Am I covered when driving a rental car?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Auto insurance coverage specifics

Having a good grasp of auto insurance can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverages found on most auto insurance policies.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Dodge Caravan.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive or Other Than Collision

This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like falling objects, hitting a bird and fire damage. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as colliding with a tree, driving through your garage door and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Coverage for liability

This coverage can cover injuries or damage you cause to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability can pay for claims such as medical services, structural damage, funeral expenses, medical expenses and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but consider buying as large an amount as possible.

Medical costs insurance

Coverage for medical payments and/or PIP pay for short-term medical expenses like rehabilitation expenses, chiropractic care and EMT expenses. They are used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

In Summary

Lower-priced 2003 Dodge Caravan insurance can be bought on the web as well as from independent agents, so get free car insurance quotes from both of them in order to have the best price selection to choose from. Some insurance companies may not offer rate quotes online and usually these small, regional companies only sell coverage through local independent agencies.

In this article, we presented some good ideas how to get a better price on 2003 Dodge Caravan insurance. It’s most important to understand that the more price quotes you have, the higher your chance of finding the cheapest car insurance. Consumers could even find that the lowest premium rates are with a company that doesn’t do a lot of advertising. These smaller insurers may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive and Geico.

While you’re price shopping online, you should never skimp on critical coverages to save a buck or two. There have been many situations where drivers have reduced collision coverage only to regret at claim time they didn’t have enough coverage. The aim is to get the best coverage possible at the best cost.

Other resources

• Bodily Injury Coverage (Liberty Mutual)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Comprehensive Coverage (Liberty Mutual)
• Distracted Driving Extends Beyond Texting (State Farm)
• Things to Know Before you Cancel Insurance (Allstate)
• What if I Can’t Find Coverage? (Insurance Information Insitute)