Searching for the cheapest insurance coverage rates for your Dodge Caravan? Sick and tired of trying to scrape together enough money to pay your insurance coverage bill each month? You have the same problem as many other vehicle owners.
There are many auto insurance companies to choose from, and although it’s a good thing to have a choice, more choices can make it harder to compare rates.
Finding the best rates is quite easy. If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using these methods. But drivers must learn the way insurance companies market insurance on the web because it can help you find the best coverage.
Insurance can cost an arm and a leg, but there could be significant discounts to reduce the price significantly. A few discounts will be applied when you complete an application, but a few must be specifically requested in order for you to get them. If you are not receiving all the discounts you deserve, you are just wasting money.
Discounts lower rates, but many deductions do not apply to the overall cost of the policy. Most only apply to individual premiums such as comprehensive or collision. So even though they make it sound like you could get a free car insurance policy, you won’t be that lucky. Any qualifying discounts should help lower your overall premium however.
A partial list of companies that may include some of the discounts shown above possibly include:
Before buying, ask all the companies to give you their best rates. Some of the earlier mentioned discounts might not be available to policyholders everywhere.
The method we recommend to compare rate quotes is to understand most of the larger companies allow for online access to give rate comparisons. The only thing you need to do is provide the companies a bit of rating information like if your license is active, whether you are single or married, any included safety features, and if a SR-22 is needed. Your information is sent automatically to all major companies and you will get price comparisons immediately.
Consumers need to have an understanding of some of the elements that go into determining insurance coverage rates. When you understand what determines premiums, this enables informed choices that can earn you cheaper rates.
When buying coverage, there really is no one size fits all plan. Every situation is different so this has to be addressed. For instance, these questions could help you determine if your situation would benefit from professional advice.
If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.
Car insurance companies such as Progressive, Allstate and Geico consistently run ads on television and other media. All the companies seem to make the promise that drivers will save a bundle if you just switch to them. But how can every company sell you cheaper insurance coverage? It’s all in how they say it.
Different companies provide the lowest rates for the type of insured that earns them the highest profit. For example, a profitable customer may need to be a married female, has other policies, and has excellent credit. Any customer that meets those criteria will probably get cheap rates and as a result will probably save money with a new company.
Drivers who are not a match for these criteria will have to pay higher premiums which usually ends up with the customer not purchasing. The ads say “people that switch” not “everyone who quotes” save that much when switching. This is how insurance companies can make those statements. That is why you need to do a quote comparison often. It’s just not possible to know which insurance companies will have the best premium rates for your profile.
Having a good grasp of your policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverage types available from car insurance companies.
Collision coverages – Collision coverage will pay to fix damage to your Caravan resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things like rolling your car, sustaining damage from a pot hole, crashing into a building, scraping a guard rail and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.
Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive can pay for things such as a tree branch falling on your vehicle, a broken windshield, fire damage and theft. The highest amount your car insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as surgery, dental work, funeral costs and pain medications. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers getting struck while a pedestrian. PIP is not available in all states and may carry a deductible
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 and also any damage incurred to your 2004 Dodge Caravan.
Because many people carry very low liability coverage limits, 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.
Liability coverages – This will cover damages or injuries you inflict on other people or property. It protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.
Liability can pay for claims such as legal defense fees, attorney fees and bail bonds. How much liability should you purchase? That is up to you, but buy as large an amount as possible.
Cheap 2004 Dodge Caravan insurance is possible from both online companies as well as from independent agents, and you should be comparing both so you have a total pricing picture. Some auto insurance companies do not provide rates over the internet and many times these small, regional companies only sell through local independent agencies.
As you prepare to switch companies, you should never buy less coverage just to save a little money. Too many times, drivers have reduced full coverage to discover at claim time that it was a big error on their part. The proper strategy is to buy a smart amount of coverage at the best cost and still be able to protect your assets.
Additional information can be read at these links:
Micki Walker
I’m in the west part of Virginia Beach, VA. Got car insurance prices from AAA, Sentry, and a few others for my Caravan and I think I cut my rates about $30 each month. My Caravan doesn’t have full coverage.
Rosia Golden
Thanks for putting this site together. I live in Mesa, AZ. Got free quotes online for a 2004 Dodge Caravan. Ended up at about $80 savings annually. Went with 21st Century. Ask about discounts. Might find lower rates online.
Henrietta Schroeder
I got a good deal I think. From a town just southwest of Kansas City, MO. Got rates from GMAC, Amica, MetLife, and a couple others for my Dodge and I think I saved around $20 each month. I have a teen driver too. When should I drop full coverage?
Billi Charles
I’m from Spokane, Washington. Got quotes with State Farm, The General, and Farmers for my Caravan and saved around $70 a year. Was with AIG Insurance. I recommend comparing lots of rates.
Tommie Gould
If you’re a decent driver and are close to Tulsa, OK, check out Allstate. They seem to be cheaper. Ask about discounts.
Dana Dalton
I’m in the south part of Evansville, IN. Quoted quotes with AIG Insurance, Safeco, and some smaller one I can’t remember the name of for my 2004 Dodge Caravan and saved just over $100 a year. Teenage drivers are expensive! Book value doesn’t justify full coverage anymore.
Joe Perry
Just a quick comment on my experience. From a town just southwest of Montgomery, Alabama. Received rates from AIG Insurance, Farmers, and Sentry for my Dodge and I’m now saving $11 a month. I increased coverages a little too. Online quotes are the way to go.
Gordon Clements
I compared a lot of rate quotes for a 2004 Dodge Caravan in Gulfport, MS. Ended up at roughly $70 every six months with AIG Insurance. Left Western Auto Insurance to switch. Book value doesn’t justify full coverage anymore.
Bradford Mcclain
Cheap car insurance? What’s that? I live on the east side of Saint Paul, Minnesota. Got rates from MetLife, Esurance, 21st Century, and Auto-Owners for my 2004 Dodge Caravan and saved just over $110 a year. Left Eastwood to switch. They offer free online rate quotes.