Cheaper 1996 Dodge Caravan Car Insurance Cost

Do you get exhausted from not being able to afford to keep your car insured? You’re in the same situation as many other drivers. There is such a variety of insurers to choose from, and even though it’s nice to have a selection, it can be more difficult to find the best rates.

Informed consumers can reduce insurance rates

One of the most helpful ways to save on insurance coverage is to to have a grasp of the rating factors that go into determining insurance coverage rates. When you know what positively or negatively influences your rates, this allows you to make educated decisions that could help you find much lower annual insurance costs.

The list below includes a few of the things used by your company to calculate your prices.

• Low physical damage deductibles can be expensive – Physical damage deductibles state the amount of money you are required to pay before a claim is paid by your company. Physical damage coverage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Examples of some claims that would be covered are collision with another vehicle, damage caused by hail, and having a roll-over accident. The more damage repair cost you’re willing to pay, the less your insurance coverage will be for Caravan coverage.
• Small claims can cost you – Car insurance companies give the lowest premiums to people who do not file claims often. If you’re an insured who likes to file claims you can look forward to higher rates. Insurance coverage is intended to be relied upon for major claims that would cause financial hardship.
• Tough job may mean higher insurance coverage rates – Jobs such as judges, architects and miners generally pay higher premiums than the average policyholder because of high stress and incredibly demanding work hours. Conversely, jobs like professors, athletes and homemakers get better rates for Caravan coverage.
• Gender and auto insurance rates – The statistics show that females tend to be a little less risky than males. That doesn’t necessarily mean that men are WORSE drivers than women. Women and men are in auto accidents in similar numbers, but the males cause more damage and cost insurance companies more money. Men also statistically get cited for more serious violations like DUI and reckless driving.
• Teenage vs. mature drivers – Older insureds are viewed as being more responsible, are lower risk to insure , and are generally more financially stable.Beginning drivers tend to be easily distracted when driving so they pay higher insurance coverage rates.
• Only buy incidental coverages you need – Insurance policies have a lot of add-on coverages that you can buy if you don’t pay attention. Coverage for things like rental car reimbursement, towing, and membership fees may be costing you every month. They may sound like good ideas initially, but your money might be better spent on other coverage so get rid of them and save.

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How to get low cost insurance

Lowering your 1996 Dodge Caravan insurance rates doesn’t have to be difficult. All that’s required is to spend a few minutes on the computer to compare free insurance coverage quotes to find. This can be done by using one of the methods below.

• The fastest way consumers can make multiple comparisons would be an industry-wide quote request form (click to open form in new window). This form eliminates the need for repetitive form submissions to each individual insurance company. One quote request will return quotes from several companies.
• A different way to obtain and compare quotes online is going to the website for each individual company and get a separate price quote. For instance, we’ll assume you want to compare prices for Liberty Mutual, Farmers and American Family. To do that, you would have to visit each site to input your insurance information, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

Take whichever approach you prefer, but double check that you are using nearly identical coverage information on every price quote you get. If you have different coverage information it will be very difficult to get a fair rate comparison.

Don’t overlook these car insurance discounts

Some insurers do not advertise the complete list of policy discounts in an easy-to-find place, so the list below gives a summary of a few of the more well known as well as the least known discounts that you can inquire about if you buy insurance coverage online.

• Payment Discounts – If you can afford to pay the entire bill instead of monthly or quarterly installments you can actually save on your bill.
• Driver Training Discounts – Taking part in a safe driver class is a good idea and can lower rates depending on where you live.
• Driver’s Ed – Teen drivers should complete a driver education course in school.
• Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to use their safety belts can save up to 15% on the premium charged for medical payments and/or PIP.
• Air Bag Discount – Vehicles equipped with air bags or motorized seat belts may get savings of more than 20%.
• Discount for New Cars – Adding a new car to your policy can be considerably cheaper because new model year vehicles are generally safer.

Consumers should know that many deductions do not apply to the overall cost of the policy. A few only apply to individual premiums such as liability, collision or medical payments. Just because you may think having all the discounts means you get insurance for free, companies don’t profit that way.

Companies that may have most of these discounts may include but are not limited to:

• State Farm
• Liberty Mutual
• American Family
• Progressive
• Farmers Insurance
• Auto-Owners Insurance
• SAFECO

When quoting, ask each insurance company which discounts can lower your rates. Depending on the company, some discounts might not be offered in your area. To see a list of car insurance companies who offer free car insurance quotes, click this link.

When to get professional advice

When choosing adequate coverage for your vehicles, there really is not a perfect coverage plan. Every situation is different so your insurance should reflect that These are some specific questions can aid in determining if your situation might need an agent’s assistance.

• When should my teen driver be added to my policy?
• What exactly is covered by my policy?
• Is rental equipment covered for theft or damage?
• How high should deductibles be on a 1996 Dodge Caravan?
• Do I pay less if my vehicle is kept in my garage?
• Is my business laptop covered if it gets stolen from my vehicle?
• How do I file an SR-22 for a DUI in my state?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

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Specific coverage details

Knowing the specifics of insurance aids in choosing the right coverages and the correct deductibles and limits. Insurance terms can be ambiguous and coverage can change by endorsement. These are typical coverages found on most insurance policies.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for short-term medical expenses for surgery, nursing services and X-ray expenses. They can be utilized in addition to your health insurance program or if you do not have health coverage. They cover all vehicle occupants as well as being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

Liability coverages

Liability insurance can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as attorney fees, court costs, repair bills for other people’s vehicles, repair costs for stationary objects and medical services. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Dodge Caravan.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Usually these limits are set the same as your liablity limits.

Comprehensive insurance

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things like hitting a bird, rock chips in glass and hitting a deer. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision protection

Collision insurance covers damage to your Caravan resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as rolling your car, hitting a mailbox, driving through your garage door and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

At the end of the day…

We just presented a lot of techniques to save on 1996 Dodge Caravan insurance. The key thing to remember is the more times you quote, the better chance you’ll have of finding inexpensive insurance coverage. Consumers may even find the most savings is with some of the lesser-known companies. These companies may only write in your state and offer lower auto insurance rates as compared to the big name companies such as Geico and State Farm.

When shopping online for car insurance, you should never buy poor coverage just to save money. There have been many cases where consumers will sacrifice liability coverage limits and found out when filing a claim that the savings was not a smart move. The ultimate goal is to get the best coverage possible at a price you can afford while still protecting your assets.

Other resources

• Understanding your Policy (NAIC.org)
• Electronic Stability Control FAQ (iihs.org)
• Driving in Bad Weather (Insurance Information Insitute)
• What are my Rights when Filing a Claim? (Insurance Information Insitute)
• Credit and Insurance Scores (Insurance Information Insitute)
• Comprehensive Coverage (Liberty Mutual)

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