1993 Dodge Caravan Insurance Rates

Looking for better car insurance rates for your Dodge Caravan? Purchasing discount car insurance over the internet may at first seem to be challenging for drivers who are beginners to quoting and shopping for insurance on the internet. With so many options of online companies available, how can you be able to compare every car insurance company to find the best price?

Consumers need to do price comparisons before your policy renews because prices trend upward over time. Even if you got the lowest rates for Caravan insurance a year ago you will most likely find a better rate quote today. Block out anything you think you know about car insurance because it’s time to teach you the best way to find better rates and still maintain coverage.

Use discounts on car insurance

Car insurance is not inexpensive, but there’s a good chance there are discounts that could help you make your next renewal payment. A few discounts will be applied at the time of quoting, but some need to be asked about prior to receiving the credit.

  • Theft Deterent – Vehicles equipped with tracking devices and advanced anti-theft systems can help prevent theft and will save you 10% or more.
  • No Claim Discounts – Drivers with accident-free driving histories get the best car insurance rates as compared to bad drivers.
  • Paper-free Discount – Many larger companies will provide an incentive shop auto insurance on your computer.
  • Accident Forgiveness Coverage – This one is not really a discount per se, but some insurance companies allow you one accident without getting socked with a rate hike so long as you haven’t had any claims for a set time period.
  • Defensive Driver – Participating in a defensive driver course can save you 5% or more and easily recoup the cost of the course.
  • Mature Driver Discount – Older drivers are able to get reduced rates for Caravan insurance.
  • Driver’s Education for Students – Have your child sucessfully take a drivers education course in high school.
  • Anti-lock Brake Discount – Cars, trucks, and SUVs that have anti-lock braking systems have fewer accidents and the ABS can save up to 10%.

As a disclaimer on discounts, many deductions do not apply to the entire policy premium. Most only cut individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like you can get free auto insurance, companies wouldn’t make money that way.

Auto insurance companies that may include some of the above discounts may include but are not limited to:

Check with each insurance company which discounts you may be entitled to. A few discounts might not be offered on policies in your state. To see insurance companies that can offer you the previously mentioned discounts, follow this link.

What impacts Dodge Caravan insurance rates?

Many things are part of the equation when premium rates are determined. Most are fairly basic like your driving record, but other criteria are less obvious such as your credit history or how safe your car is.

  • Low stress vocation equals lower premiums – Did you know your job can affect your rates? Careers such as fire fighterspolice officers and accountants tend to pay the highest average rates due to intense work situations and extremely grueling work hours. Other professions such as actors, students and the unemployed have lower than average premiums for Caravan insurance.
  • Rates and your address – Living in areas with lower population can be a good thing when talking about car insurance. People in densly populated areas have more aggressive driving styles and higher rates of accident claims. Less people living in that area means less chance of accidents.
  • No claims equals cheap rates – Auto insurance companies give cheaper rates to insureds who do not rely on their insurance for small claims. If you file a lot of claims you can definitely plan on much higher rates or policy non-renewal. Auto insurance is intended for the large, substantial claims.
  • Lower rates for married couples – Walking down the aisle may save some money on your car insurance bill. Marriage usually means you are less irresponsible and statistics prove being married results in fewer claims.
  • Lower premiums for vehicles with better crash test results – Safer cars cost less to insure. These vehicles reduce injuries and fewer serious injuries translates directly to fewer claims which can result in lower premiums. If your Dodge Caravan is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Higher comp and collision deductibles are cheaper – The deductibles define the amount you are willing to pay if the claim is covered. Physical damage coverage, aka comp and collision, insures against damage to your car. Some coverage claims are a windshield broken by a bird, hail damage, and having a roll-over accident. The more you choose to pay out-of-pocket, the lower your rates will be for Caravan insurance.
  • Rates can drop if you have more than one policy – Lots of insurers allow a discount to clients who carry more than one policy such as combining an auto and homeowners policy. The discount can be ten or even fifteen percent. Even if you’re getting this discount it’s always a smart idea to shop around to make sure you are getting the best deal.There is a chance you can find lower rates by buying insurance from more than one company.
  • Know your credit history – Credit score is a large factor in determining what you pay for car insurance. Drivers who have excellent credit scores tend to be better drivers and file fewer claims than drivers with poor credit. If your credit leaves room for improvement, you could pay less to insure your 1993 Dodge Caravan if you improve your credit rating.

Tailor your auto insurance coverage to you

When it comes to choosing the best auto insurance coverage, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For instance, these questions may help you determine whether or not you will benefit from professional help.

  • When would I need additional glass coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • Are split liability limits better than a combined single limit?
  • Am I covered by my spouse’s policy after a separation?
  • What is medical payments coverage?
  • What are the financial responsibility laws in my state?
  • Am I covered if my car is in a flood?
  • Are rock chip repairs covered?
  • Does my medical payments coverage pay my health insurance deductible?
  • Do all my vehicles need collision coverage?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Advertising myths

Big name companies like 21st Century, Allstate and State Farm consistently run television and radio advertisements. They all seem to have a common claim that you’ll save big if you just switch your insurance coverage to their company. How is it plausible that every one can charge you a lower premium? Just pay attention to how they say it.

Insurance companies have a preferred profile for the type of customer that makes them money. For example, a profitable insured should be a mature driver, has no claims, and drives less than 10,000 miles a year. Any person that hits that “sweet spot” receive the lowest rate quotes and most likely will cut their rates if they switch.

Drivers who may not quite match this stringent profile may receive higher premium rates which leads to the customer buying from someone else. The ads state “people that switch” not “everyone that quotes” will save that much if they switch. That is how insurance companies can confidently make claims that they all have the best car insurance rates. This emphasizes why you really need to compare as many free auto insurance quotes as you can. Because you never know with any certainty which company will have the lowest rates for your situation.

Specific coverage details

Having a good grasp of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for bills for rehabilitation expenses, EMT expenses, prosthetic devices, nursing services and ambulance fees. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to you and your occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

UM/UIM Coverage

This coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Dodge Caravan.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Collision coverage

This coverage covers damage to your Caravan from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as hitting a mailbox, crashing into a ditch, scraping a guard rail, damaging your car on a curb and backing into a parked car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Coverage for liability

This coverage can cover damage that occurs to other’s property or people that is your fault. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for claims like funeral expenses, attorney fees, emergency aid, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. 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 theft, hitting a deer and damage from a tornado or hurricane. The most a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Take this to the bank

As you quote auto insurance, you should never buy poor coverage just to save money. There are many occasions where someone dropped uninsured motorist or liability limits only to find out that the few dollars in savings costed them thousands. The goal is to find the BEST coverage at a price you can afford but still have enough coverage for asset protection.

Affordable 1993 Dodge Caravan insurance can be found from both online companies and from local insurance agents, and you should be comparing both to have the best chance of lowering rates. Some auto insurance companies don’t offer internet price quotes and these small, regional companies sell through local independent agents.

We just showed you some good ideas how to save on 1993 Dodge Caravan insurance. The key concept to understand is the more rate comparisons you have, the higher your chance of finding low cost auto insurance. You may even find the biggest savings come from the least-expected company.

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