Save on 2004 Dodge Grand Caravan Insurance Cost

No normal person is fond of buying car insurance, especially knowing the cost is way too high.

Many insurers compete for your hard-earned dollar, so it’s not easy to compare every insurance company and get the definite best rates possible.

You need to get comparison quotes quite often since insurance prices tend to go up over time. Even if you think you had the lowest rates on Grand Caravan coverage two years ago there may be better deals available now. Forget all the misinformation about car insurance because it’s time to teach you the right way to reduce your cost while increasing coverage.

If you have car insurance now, you will be able to save some money using these techniques. Buying car insurance is easy if you know what you’re doing. Although consumers do need to know the way insurance companies market insurance on the web and use this information to your advantage.

Verify you’re getting every discount

Auto insurance companies don’t always list the entire discount list very clearly, so we researched some of the more common and the more hidden discounts that you may qualify for. If you are not receiving all the discounts available, you are not getting the best rate possible.

• Theft Prevention System – Anti-theft and alarm system equipped vehicles are stolen with less frequency and that can save you a little bit as well.
• Federal Government Employee – Active or retired federal employment can earn a discount up to 10% on Grand Caravan coverage with certain companies.
• Active Military Service – Being deployed with a military unit may qualify for rate reductions.
• Defensive Driver – Completing a course teaching defensive driving skills could cut 5% off your bill depending on where you live.
• Payment Method – By making one initial payment rather than paying in monthly installments you can avoid monthly service charges.
• No Claim Discounts – Claim-free drivers can save substantially in comparison with policyholders that have many claims.
• Safe Drivers – Safe drivers can save up to 40% or more on their insurance coverage quote on Grand Caravan coverage compared to accident prone drivers.
• New Vehicle Savings – Adding a new car to your policy can save up to 30% since newer vehicles have better safety ratings.
• Renewal Discounts – Some insurance companies reward drivers for renewing your policy before your current expiration date. This can save 10% or more.
• Auto/Home Discount – If you combine your auto and homeowners policies and insure them both with the same insurance company you may earn up to 20% off your total premium.

As a footnote on discounts, most discounts do not apply the the whole policy. Most cut specific coverage prices like liability and collision coverage. Despite the appearance that all those discounts means the company will pay you, insurance companies aren’t that generous.

A few popular companies and a selection of discounts are detailed below.

• Progressive may offer discounts for homeowner, multi-vehicle, multi-policy, continuous coverage, online signing, and good student.
• The Hartford policyholders can earn discounts including defensive driver, bundle, anti-theft, driver training, good student, and vehicle fuel type.
• Mercury Insurance discounts include low natural disaster claims, type of vehicle, anti-theft, multi-car, accident-free, and good driver.
• Geico may include discounts for emergency military deployment, multi-vehicle, defensive driver, daytime running lights, and membership and employees.
• AAA includes discounts for good student, good driver, pay-in-full, education and occupation, AAA membership discount, anti-theft, and multi-policy.
• State Farm offers discounts including anti-theft, multiple autos, multiple policy, accident-free, driver’s education, and Drive Safe & Save.

If you want inexpensive insurance coverage quotes, ask each insurance company which discounts you may be entitled to. Some discounts listed above might not apply everywhere. To view companies that offer some of these discounts, click here to view.

When should I discuss my situation with an agent?

When buying coverage for your vehicles, there really is no “perfect” insurance plan. Every situation is different so this has to be addressed. These are some specific questions might point out if your situation may require specific advice.

• Will my rates increase for filing one claim?
• What is no-fault insurance?
• Is extra glass coverage worth it?
• I have a DUI can I still get coverage?
• Does medical payments coverage apply to all occupants?
• Is there coverage for injuries to my pets?
• Do I need to file an SR-22 for a DUI in my state?
• Am I covered when driving someone else’s vehicle?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Detailed coverages of your auto insurance policy

Knowing the specifics of your policy aids in choosing appropriate coverage for your vehicles. Auto insurance terms can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages found on the average auto insurance policy.

Auto liability insurance

Liability coverage protects you from damage or injury you incur to a person or their property in an accident. This coverage protects you against claims from other people. It does not cover your own vehicle damage or injuries.

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. Your policy might show limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things like court costs, repair bills for other people’s vehicles, structural damage, medical expenses and pain and suffering. How much liability should you purchase? That is your choice, but buy as high a limit as you can afford.

Comprehensive protection

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things like a tree branch falling on your vehicle, vandalism, fire damage and hitting a deer. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants and damage to your Dodge Grand Caravan.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like doctor visits, surgery, funeral costs and EMT expenses. They are often used to fill the gap from your health insurance program or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Coverage for collisions

Collision coverage pays to fix your vehicle from damage caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like crashing into a ditch, sideswiping another vehicle, hitting a mailbox and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.

Power to the consumer

When searching for cheap insurance coverage quotes, it’s a bad idea to buy less coverage just to save a little money. There are too many instances where consumers will sacrifice full coverage and found out when filing a claim that the few dollars in savings costed them thousands. Your strategy should be to find the BEST coverage at the best possible price, but do not skimp to save money.

In this article, we covered a lot of information how to lower your 2004 Dodge Grand Caravan insurance premium rates. The key thing to remember is the more rate quotes you have, the higher your chance of finding cheaper insurance coverage. You may even find the best price on car insurance is with a company that doesn’t do a lot of advertising. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive and Geico.

More tips and info about car insurance is available by following these links:

• Teen Driver Licensing Information (iihs.org)
• Auto Theft Statistics (Insurance Information Insitute)
• Auto Insurance FAQ (Farmers Insurance)
• Airbag FAQ (iihs.org)