1997 Dodge Caravan Car Insurance Cost – 6 Ideas for Cheaper Prices

Want better auto insurance rates for your Dodge Caravan? Searching for the most affordable auto insurance online is somewhat difficult for beginners to shopping for insurance online. Since there are so many companies in the marketplace, how can anyone possibly compare every company to locate the cheapest available price?

It’s a good idea to do rate comparisons every six months because insurance rates trend upward over time. Despite the fact that you may have had the best deal on Caravan coverage a year ago you may be paying too much now. There is a lot of bad information regarding auto insurance online but with this article, you’re going to get some excellent ideas to quit paying high auto insurance rates.

Cut prices on 1997 Dodge Caravan insurance

The price of auto insurance can be rather high, but there could be available discounts to reduce the price significantly. Some discounts apply automatically when you get a quote, but a few must be inquired about before they will apply.

  • Drive Safe and Save – Safe drivers can pay as much as 50% less on Caravan coverage than drivers with accidents.
  • Auto/Home Discount – If you have multiple policies with the same company you may save approximately 10% to 15%.
  • Memberships – Affiliation with a civic or occupational organization may earn a discount when buying auto insurance on Caravan coverage.
  • Save over 55 – Older drivers may be able to get a small decrease in premiums on Caravan coverage.
  • Resident Student – Children who live away from home without a vehicle on campus can receive lower rates.
  • Use Seat Belts – Requiring all passengers to buckle their seat belts can save up to 15% off your PIP or medical payments premium.

It’s important to note that most credits do not apply to the overall cost of the policy. Most only reduce individual premiums such as comprehensive or collision. Just because it seems like you can get free auto insurance, it just doesn’t work that way. But any discount will help reduce the amount you have to pay.

To see a list of insurance companies with discount auto insurance rates, click this link.

Are you falling for claims of savings?

Progressive, Geico, Allstate and State Farm consistently run ads on television and other media. All the companies make an identical promise that you can save if you change your coverage to them. How can each company say the same thing?

All companies are able to cherry pick for the type of driver that earns them a profit. For instance, a preferred risk might be profiled as over the age of 40, owns a home, and drives newer vehicles. A driver who meets those qualifications receives the best rates and as a result will probably save quite a bit of money when switching.

Potential insureds who do not match the requirements will be quoted higher prices and ends up with business going elsewhere. The ads state “drivers who switch” not “everyone that quotes” save that much money. That’s why insurance companies can advertise the way they do.

This emphasizes why you need to quote coverage with many companies. It’s not possible to predict which insurance coverage company will provide you with the cheapest Dodge Caravan insurance rates.

Tailor your coverage to you

When it comes to buying proper insurance coverage, there is no “best” method to buy coverage. Each situation is unique.

Here are some questions about coverages that could help you determine if your situation might need professional guidance.

  • Do I need special endorsements for business use of my vehicle?
  • Does my 1997 Dodge Caravan qualify for pleasure use?
  • Where can I get insurance after a DUI in my state?
  • I have health insurance so do I need medical payments coverage?
  • Are my friends covered when driving my 1997 Dodge Caravan?
  • Are my tools covered if they get stolen from my vehicle?
  • Do I have coverage when using my vehicle for my home business?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form.

Specifics of your insurance policy

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Collision insurance

Collision coverage covers damage to your Caravan resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as sideswiping another vehicle, driving through your garage door, sustaining damage from a pot hole and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from lower value vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, falling objects and vandalism. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Medical expense coverage

Med pay and PIP coverage kick in for short-term medical expenses like X-ray expenses, nursing services and pain medications. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability

This will cover damages or injuries you inflict on people or other property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as bail bonds, court costs, repair costs for stationary objects and medical services. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Don’t be a big spender

When trying to cut insurance costs, it’s very important that you do not skimp on coverage in order to save money. There are many occasions where an insured cut liability coverage limits only to find out that their decision to reduce coverage ended up costing them more. The proper strategy is to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

People change insurance companies for many reasons like an unsatisfactory settlement offer, unfair underwriting practices, lack of trust in their agent and extreme rates for teen drivers. It doesn’t matter why you want to switch switching auto insurance companies is pretty simple and you could end up saving a buck or two.

We covered some good ideas how you can lower your 1997 Dodge Caravan insurance rates. It’s most important to understand that the more rate comparisons you have, the better your comparison will be. You may even discover the lowest premiums are with some of the lesser-known companies.

Even more information is located at these sites: