Compare 1996 Dodge Caravan Insurance Cost

Searching for the cheapest insurance rates for your Dodge Caravan? Cutting costs on Driversinsurance can be quite difficult for drivers new to online comparison shopping. Since there are so many online companies, it can turn into a real hassle to find cheaper rates.

You should take the time to quote other rates at least once a year since prices trend upward over time. Just because you had the lowest price for Caravan coverage two years ago you can probably find a lower rate today. You can find a lot of information about insurance on the web, but we’re going to give you some proven techniques to save money.

If you have car insurance now, you will be able to reduce your rates substantially using these methods. Locating the best protection is simple if you know the tricks. But consumers must know how insurance companies price online insurance because it can help you find the best coverage.

The fastest way that we advise to get policy rate comparisons utilizes the fact almost all companies have advanced systems to give rate comparisons. The one thing you need to do is provide information such as if a SR-22 is needed, how old drivers are, whether you have decent credit, and if you have a valid license. Your insurance information is sent automatically to multiple top-rated companies and you will get price comparisons quickly.

If you would like to start a quote now, click here and find out if you can get cheaper insurance.

Save a ton by earning discounts

Companies that sell car insurance do not advertise all their discounts very well, so the following is a list of some of the more common and also the lesser-known credits available to bring down your rates.

  • Accident Waiver – This one is not really a discount per se, but a few companies such as GEICO, Progressive, and Allstate will forgive one accident before raising your premiums if you have no claims for a set time period.
  • Telematics Devices – Policyholders that allow their company to look at driving patterns by using a telematics device like Allstate’s Drivewise could see a rate decrease if they have good driving habits.
  • College Student Discount – Youth drivers who are attending college and do not have access to a covered vehicle could get you a discount.
  • Federal Employees – Active or retired federal employment can save as much as 8% for Caravan coverage with a few insurance coverage companies.
  • Passive Restraints and Air Bags – Factory options such as air bags and/or automatic seat belt systems can get savings of 20% or more.
  • Home Ownership Discount – Owning a home can help you save on insurance coverage because it is proof of financial responsibility.
  • Discount for Multiple Policies – If you can bundle your homeowners and auto insurance and insure them with the same company you will save nearly 15% which can help you find cheap auto insurance.

Please keep in mind that many deductions do not apply to the overall cost of the policy. Some only reduce individual premiums such as collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, you aren’t that lucky.

Large insurance coverage companies and a summarized list of policyholder discounts can be read below.

  • State Farm policyholders can earn discounts including anti-theft, Drive Safe & Save, safe vehicle, student away at school, and passive restraint.
  • Liberty Mutual may include discounts for exclusive group savings, safety features, new vehicle discount, new move discount, new graduate, and multi-car.
  • American Family offers discounts for bundled insurance, TimeAway discount, Steer into Savings, mySafetyValet, early bird, accident-free, and multi-vehicle.
  • Progressive has savings for multi-policy, online quote discount, continuous coverage, multi-vehicle, and homeowner.
  • Farmers Insurance may offer discounts for pay in full, bundle discounts, alternative fuel, distant student, multi-car, switch companies, and youthful driver.
  • Auto-Owners Insurance includes discounts for student away at school, company car, anti-theft, mature driver, multiple vehicles, and paperless.
  • SAFECO offers premium reductions for safe driver, anti-lock brakes, teen safe driver, multi-car, accident prevention training, and homeowner.

If you need affordable auto insurance quotes, ask every insurance company which discounts you may be entitled to. A few discounts might not apply in your area. For a list of insurance coverage companies with discount insurance coverage rates, click here.

Six factors that impact insurance prices

Many factors are part of the calculation when pricing auto insurance. Some of the criteria are obvious like your driving record, but other factors are not quite as obvious like where you live or your vehicle rating.

The factors shown below are some of the major factors car insurance companies consider when setting your rate level.

  • More people means more accidents – Being located in areas with lower population is a good thing when buying car insurance. City drivers have more aggressive driving styles and much longer commute distances. Fewer drivers on the road corresponds to lower accident rates as well as less vandalism and auto theft.
  • File car insurance claims and pay more – If you file claims often, you shouldn’t be surprised to get either policy cancellation or increased premiums. Insurance companies generally give cheaper rates to people who file claims infrequently. Your car insurance is designed for the bigger claims that can’t be paid out-of-pocket.
  • Cheaper car insurance rates for prior coverage – Not having insurance can get you a ticket and you will pay a penalty because you let your coverage have a gap. In addition to paying higher premiums, the inability to provide proof of insurance can result in a hefty fine and possibly a revoked license.
  • Low comp and collision deductibles cost more – Protection for physical damage, aka comp and collision, helps pay for damage to your vehicle. Examples of some claims that would be covered would be running into the backend of another car, hail damage, or theft. Deductibles for physical damage represent how much money you are willing to pay in the event of a claim. The larger the amount you have to pay, the bigger discount you will receive for Caravan coverage.
  • Premiums drop with age – Youthful drivers are proven to be easily distracted with other occupants in the car so they pay higher car insurance rates. More mature drivers are more cautious drivers, file fewer claims , and usually have better credit.
  • Premiums are affected by your credit history – A driver’s credit score is likely to be a major factor in determining what you pay for car insurance. Therefore, if your credit can be improved, you could save money insuring your 1996 Dodge Caravan by improving your rating. Drivers with excellent credit tend to be more responsible and file fewer claims than drivers with poor credit.

Your insurance coverage coverage should be tailored to you

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there really is no one size fits all plan. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining whether or not you could use an agent’s help.

  • What happens if I owe more than my 1996 Dodge Caravan is worth?
  • What exactly is covered by my policy?
  • Why am I required to buy high-risk coverage?
  • What are the best liability limits?
  • How do I file an SR-22 for a DUI in my state?
  • Is my ex-spouse still covered by my policy?
  • What should my uninsured motorist coverage limits be in my state?
  • How high should my medical payments coverage be?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form.

What auto insurance coverages do you need?

Having a good grasp of your policy can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Collision coverage

This coverage pays to fix your vehicle from damage from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as rolling your car, sideswiping another vehicle, damaging your car on a curb and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for expenses for doctor visits, pain medications and chiropractic care. They are often used in conjunction with a health insurance program or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your 1996 Dodge Caravan.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these limits are set the same as your liablity limits.

Comprehensive protection

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from flooding, theft and vandalism. The maximum payout your auto insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for liability

This protects you from damage or injury you incur to people or other property. This coverage protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for claims like loss of income, medical services, court costs and legal defense fees. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Save your cold hard cash

We just showed you many tips how you can lower your 1996 Dodge Caravan insurance car insurance rates. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. You may be surprised to find that the lowest priced insurance coverage comes from an unexpected company.

As you quote auto insurance, don’t be tempted to reduce needed coverages to save money. In many instances, an insured dropped collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy the best coverage you can find at the best cost while still protecting your assets.

Low-cost 1996 Dodge Caravan insurance can be sourced from both online companies and also from your neighborhood agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance providers don’t offer online quoting and these smaller providers only sell coverage through independent insurance agents.

For more information, link through to the following helpful articles: