View 2003 Dodge Caravan Insurance Quotes

Drivers have lots of choices when trying to find low-cost Dodge Caravan insurance. They can either spend hours contacting agents to get rate comparisons or save time using the internet to make rate comparisons. There is a right way and a wrong way to buy insurance and you need to know the quickest way to get price quotes for a new or used Dodge and locate the lowest price.

It’s important to compare prices at least once a year due to the fact that insurance rates change frequently. Just because you found the lowest rates for Caravan coverage a year ago there is a good chance you can find better rates now. Starting now, forget anything you know (or think you know) about insurance because we’re going to show you one of the quickest ways to lower your annual insurance bill.

If you have a policy now or need new coverage, you can learn to find the best rates while maintaining coverages. The purpose of this article is to familiarize you with how to get online quotes and some tricks to saving. Drivers just need to know the most efficient way to compare prices on the web.

Best discounts on Dodge Caravan coverage

Companies that sell car insurance don’t always publicize every discount very clearly, so we break down some of the more common as well as the least known ways to save on auto insurance. If you’re not getting every credit you qualify for, you are throwing money away.

  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems help deter theft and qualify for as much as a 10% discount.
  • Claim Free – Drivers with accident-free driving histories pay much less compared to bad drivers.
  • Paperwork-free – A few companies will discount your bill up to fifty bucks simply for signing online.
  • Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% for Caravan coverage depending on your company.
  • Pay Upfront and Save – If paying your policy premium upfront instead of making monthly payments you may reduce your total bill.
  • Accident Waiver – A handful of insurance companies will allow you to have one accident before your rates go up as long as you don’t have any claims for a set time period.
  • Driver’s Ed – Cut your cost by having your teen driver complete a driver education course if offered at their school.

Consumers should know that most credits do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky.

To see a list of providers with the best auto insurance discounts, follow this link.

Why your Dodge Caravan insurance rates may be high

Smart consumers have a good feel for the rating factors that play a part in calculating the price you pay for insurance coverage. Understanding what influences your rates helps enable you to make changes that can help you get better insurance coverage rates.

Shown below are a few of the “ingredients” that factor into your rates.

  • Having a spouse can save you money – Getting married actually saves money on your insurance coverage policy. Having a spouse is viewed as being more mature and responsible and it’s proven that drivers who are married are more cautious.
  • How credit affects insurance coverage rates – A driver’s credit rating is a important factor in determining your rates. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with poor credit. If your credit score can use some improvement, you could save money insuring your 2003 Dodge Caravan by repairing your credit.
  • Where you live is a factor – Being located in small towns and rural areas can save you money when it comes to insurance coverage. Lower population means a lower chance of having an accident. Drivers who live in large cities have to deal with traffic congestion and longer commute times. More time on the road translates into higher accident risk.
  • High deductibles save money – Physical damage deductibles represent how much money you are required to spend if you file a covered claim. Physical damage insurance, also known as collision and other-than-collision, insures against damage to your car. A few examples of covered claims are colliding with a building, damage caused by hail, and windstorm damage. The more you have to pay, the lower your rates will be for Caravan coverage.
  • More miles equals more premium – The more you drive each year the higher your rates will be. The majority of insurers charge to insure your cars based on their usage. Cars not used for work or commuting qualify for better rates than those used for commuting. Improper usage on your Caravan may be costing you. Ask your agent if your insurance coverage policy shows the correct driver usage.
  • Policy add-ons can waste money – There are a ton of extra bells and whistles you can purchase when buying insurance coverage. Coverages for roadside assistance, better glass coverage and term life insurance are examples of these. They may seem good when talking to your agent, but if they’re wasting money eliminate them to save money.

Tailor your coverage to you

When it comes to choosing adequate coverage for your personal vehicles, there really is no “perfect” insurance plan. Each situation is unique.

For example, these questions may help highlight whether your personal situation might need an agent’s assistance.

  • Am I covered if I break a side mirror?
  • How do I file an SR-22 for a DUI in my state?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Which is better, split liability limits or combined limits?
  • Do I need special endorsements for business use of my vehicle?
  • When would I need additional glass coverage?
  • Am I better off with higher deductibles on my 2003 Dodge Caravan?
  • Should I put collision coverage on all my vehicles?
  • Why do I need rental car insurance?

If you can’t answer these questions, you may need to chat with an agent. If you don’t have a local agent, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Can you really save $384 a year?

Consumers constantly see and hear ads that promise big savings from companies such as Progressive, Allstate and Geico. They all seem to have a common claim about savings if you change your policy.

How does each company make almost identical claims? It’s all in the numbers.

Different companies have a certain “appetite” for the type of customer that is profitable for them. For example, a driver they prefer might be profiled as over the age of 50, insures multiple vehicles, and has a short commute. Any driver who fits that profile receives the best rates and is almost guaranteed to cut their rates substantially.

Potential customers who fall outside the “perfect” profile will be charged higher premiums which leads to the driver buying from a lower-cost company. The ads state “customers that switch” but not “drivers who get quotes” save that kind of money. This is how insurance companies can advertise the way they do. That is why drivers must compare as many rates as you can. Because you never know the company that will give you the biggest savings on Dodge Caravan insurance.

Car insurance coverage considerations

Learning about specific coverages of a car insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring.

Insurance for medical payments – Coverage for medical payments and/or PIP kick in for short-term medical expenses such as doctor visits, funeral costs, X-ray expenses, hospital visits and rehabilitation expenses. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Auto liability insurance – Liability insurance provides protection from damages or injuries you inflict on a person or their property by causing an accident. This insurance protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage pays for things such as bail bonds, pain and suffering, funeral expenses, legal defense fees and medical expenses. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from getting keyed, a tree branch falling on your vehicle, a broken windshield, rock chips in glass and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision – This will pay to fix damage to your Caravan from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like rolling your car, sideswiping another vehicle, crashing into a building and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance – This provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Dodge Caravan.

Because many people carry very low liability coverage 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.

Find Good Coverage for Less

As you shop your coverage around, you should never buy less coverage just to save a little money. There are too many instances where an accident victim reduced liability limits or collision coverage only to regret at claim time they didn’t purchase enough coverage. Your focus should be to purchase a proper amount of coverage for the lowest price while still protecting your assets.

Throughout this article, we presented a lot of information how to compare 2003 Dodge Caravan insurance prices online. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding lower rates. You may even find the lowest premiums are with the smaller companies.

Cheap insurance is possible online as well as from independent agents, and you should compare price quotes from both to have the best rate selection. Some insurance companies don’t offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.

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