1994 Dodge Caravan Insurance Cost – 6 Discounts for Cheaper Prices

Searching for the cheapest car insurance rates for your Dodge Caravan? Are you burned out from not being able to afford to pay your car insurance bill each month? You’re in the same situation as many other consumers. Multiple car insurance companies compete to insure your vehicles, so it’s not easy to compare every company and get the best coverage at the best rate

You should make it a habit to take a look at other company’s rates every six months since insurance prices fluctuate regularly. Despite the fact that you may have had the lowest rate on Caravan coverage at your last renewal there may be better deals available now. Block out anything you think you know about car insurance because it’s time to teach you the easiest way to properly buy coverages and cut your premium.

If you have a policy now or are looking for a new policy, you can learn to get lower rates while maintaining coverages. Finding affordable coverage is easy if you know what you’re doing. Drivers only need to know the best way to compare price quotes online.

How to buy auto insurance online

Many insurance companies make it easy to get insurance quotes on their websites. Comparing prices online doesn’t take much effort as you just type in the coverages you want as detailed in the form. When the form is submitted, their quoting system makes automated requests for credit information and your driving record and gives you a price quote based on the data you entered. This makes it simple to compare prices but the work required to visit each company’s website and repetitively enter the same data into a form is repetitive and time-consuming. But it is imperative to get many rate quotes in order to get the lowest possible prices on auto insurance.

The preferred way to compare auto insurance pricing is to use a quote form to get prices from more than one company. This type of form saves time, requires less work, and makes online price comparison much more enjoyable and efficient. As soon as the form is sent, your coverage is rated with multiple companies and you can pick any or none of the resulting price quotes. If one or more price quotes are lower than your current rates, you can click and sign and buy the policy. It takes 15 minutes at the most and can result in significant savings.

To find out how much you can save on auto insurance, simply click here to open in new window and begin entering your coverage information. If you currently have coverage, we recommend you type in the insurance coverages exactly as they are listed on your policy. This way, you are getting rate comparison quotes for similar coverage.

Brand name doesn’t guarantee savings

Consumers can’t get away from ads that claim the cheapest premium rates from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to convey the message that you can save if you switch your auto insurance coverage to their company.

How can each company sell you cheaper insurance coverage? You have to listen carefully.

Many companies offer their best rates for the right customer that will be a good risk. A good example of this type of driver might be over the age of 35, owns a home, and drives less than 7,500 miles a year. A customer who meets those qualifications gets the lowest prices and have a good chance to save a lot of money.

Potential insureds who don’t measure up to this stringent profile will have to pay a higher rate which translates to business going elsewhere. If you listen to the ad wording, they say “customers that switch” not “everybody who quotes” will save that much if they switch. That is how companies can make it sound like they have such great car insurance rates. This really illustrates why drivers must get insurance coverage quotes from several different companies. It is impossible to predict the company that will fit you best based on your risk profile.

You may qualify for discounts

Car insurance companies don’t list their entire list of discounts very well, so we break down a few of the more common as well as the least known insurance savings. If you’re not getting every credit possible, you are paying more than you should be.

  • New Vehicle Savings – Buying a new car model can save you some money due to better safety requirements for new vehicles.
  • Good Grades Discount – This discount can save 20 to 25%. The discount lasts until age 25.
  • Discount for Low Mileage – Low annual miles could qualify for lower insurancerates due to less chance of an accident.
  • Multi-Vehicle Discounts – Buying coverage for primary and secondary vehicles on a single policy can reduce rates for all insured vehicles.
  • Payment Method – If you pay your bill all at once rather than spreading payments over time you may have a lower total premium amount.
  • No Claims – Insureds with no claims or accidents have much lower rates compared to drivers with a long claim history.

As a disclaimer on discounts, most discounts do not apply to your bottom line cost. A few only apply to specific coverage prices like comp or med pay. Despite the fact that it seems like adding up those discounts means a free policy, companies don’t profit that way.

To find insurance companies that can offer you the previously mentioned discounts, click this link.

There’s no such thing as the perfect insurance coverage policy

When it comes to buying the best insurance coverage coverage for your vehicles, there is no “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. These are some specific questions can aid in determining whether you may require specific advice.

  • Do I need medical payments coverage since I have good health insurance?
  • How much can I save by bundling my policies?
  • Do I need replacement cost coverage on my 1994 Dodge Caravan?
  • Am I covered if I wreck a rental car?
  • Can I get a multi-policy discount?
  • What is the difference between comprehensive and collision coverage?
  • When can I cancel my policy?

If it’s difficult to answer those questions then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area. It’s fast, free and may give you better protection.

Auto insurance coverage information

Learning about specific coverages of auto insurance can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages available from auto insurance companies.

Comprehensive insurance – Comprehensive insurance coverage 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 falling objects, damage from getting keyed, hitting a bird, a broken windshield and hail damage. The maximum payout a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as ambulance fees, surgery, EMT expenses and prosthetic devices. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Liability auto insurance – This coverage protects you from damage that occurs to a person or their property that is your fault. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 which stand for a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims such as repair costs for stationary objects, bail bonds, pain and suffering, medical expenses and loss of income. How much liability should you purchase? That is a decision to put some thought into, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Collision coverages – Collision coverage will pay to fix damage to your Caravan resulting from a collision with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like rolling your car, colliding with a tree, scraping a guard rail, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also raise the deductible to get cheaper collision coverage.

Final considerations

Cheaper insurance can be bought online as well as from insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who do not offer internet price quotes and most of the time these smaller companies sell through independent agents.

As you quote insurance coverage, it’s a bad idea to reduce needed coverages to save money. In too many instances, consumers will sacrifice comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. Your objective should be to purchase a proper amount of coverage at the best cost.

Additional insurance information can be found on the following sites: