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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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
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.
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:
Jacquie Morse
I got quite a few price quotes for a 2004 Dodge Grand Caravan in Columbus, Georgia. Ended up at darn near $90 every six months with AIG Insurance. Thankfully I’m not a high risk driver. God forbid I actually have a claim. I’m thinking about dropping full coverage though.
Danna Carroll
Affordable car insurance is a myth. I’m in the north part of Seattle, WA. Got car insurance quotes from Progressive, Hanover, and Encompass for my 2004 Dodge Grand Caravan and I’m now saving $15 a month.
Keira Tanner
What is Underinsured Motorist coverage?
Willy Swanson
In Springfield, Massachusetts, AAA had the best rates for my 2004 Dodge Grand Caravan. Left Safeco to switch. My new agent seems to be really good. I got a quote from their website. Just liability coverage since it’s getting old.
Maida Rutledge
Does State Farm offer new car replacement?
Chelsea Garrett
Hope my car insurance gets cheaper. From Rochester, NY. I quoted with The General, AIG Insurance, Nationwide, and a couple others for my Grand Caravan and saved $72 a year. Good savings if you bundle. Anyone else drop full coverage?
Everette Guthrie
IT’S ALL TOO EXPENSIVE! Quoted with AAA for my 2004 Dodge Grand Caravan and saved about $110 a year. Are quotes cheaper online? When should I drop full coverage?
Eddie Hughes
From Wichita, Kansas. I got free prices from Allstate, American Family, and some I forget for my 2004 Dodge Grand Caravan and I think I am saving around $20 each month. Insured with Hanover before.
Verda Mcintyre
I live on the west side of Charleston, West Virginia. Quoted with Nationwide, Encompass, Allstate, and Amica for my 2004 Dodge Grand Caravan and I think I am saving around $10 each month. Good multi-policy discounts. God forbid I actually have a claim.
Lino Navarro
Lots of useful info here. I live in a small town just outside of Bridgeport, Connecticut. Quoted with GEICO, AIG Insurance, and Eastwood for my Dodge and saved just over $110 a year. Was with Sentry. It’s easy to compare rates online now. Anyone else drop full coverage?
Chong Mcclure
If you’re a decent driver and live near Gaithersburg, Maryland, check out State Farm. You might get cheaper rates. Insured with GMAC before. I quoted rates online then called them.