2006 Dodge Caravan Insurance Rates

Did you fall for a flashy sales pitch and buy an underperforming, overpriced insurance coverage policy? Say no more because you’re not alone. Vehicle owners have so many auto insurance companies to purchase coverage from, and although it’s nice to be able to choose, it can be more difficult to compare rates and find the lowest cost insurance coverage.

Smart consumers take time to shop coverage around before your next renewal due to the fact that insurance prices change quite often. Even if you got the best deal on Caravan insurance on your last policy you will most likely find a better premium rate today. Block out anything you think you know about insurance coverage because we’re going to show you the right way to properly buy coverages and cut your premium.

Buying car insurance is quite easy. If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using these methods. Consumers just need to know the proper way to shop their coverage around over the internet.

Learn how to lower your insurance costs

Many factors are considered when premium rates are determined. Some are pretty understandable like your driving record, although some other factors are less obvious such as your marital status or how safe your car is.An important part of buying insurance is that you know some of the factors that go into determining the price you pay for car insurance. When you understand what determines base rates, this allows you to make good choices that can help you get lower premium levels.

The factors shown below are some of the most rate-impacting factors utilized by car insurance companies to help set your rates.

  • Comp and collision deductibles are a factor – Physical damage protection, aka comp and collision, protects your Dodge from damage. Some coverage claims are colliding with a building, flood damage, and rolling your vehicle. The deductibles define how much you are willing to pay if you file a covered claim. The more the insured is willing to pay, the less money you will pay for car insurance on Caravan insurance.
  • Alarm systems systems cut car insurance rates – Choosing to buy a car with advanced anti-theft systems can get you a discount on your car insurance. Advanced theft deterrents like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent your car from being stolen.
  • Prices and your address – Having an address in less populated areas of the country is a good thing when shopping for auto insurance. Residents of big cities tend to have more aggressive driving styles and higher rates of accident claims. Fewer drivers and short commutes means a lower chance of having an accident.
  • Bundle policies and save – Most insurance companies apply lower prices to people that have more than one policy, otherwise known as a multi-policy discount. Even if you already get this discount, it’s always a smart idea to shop around to confirm you are receiving the best rates possible.
  • Driving citations mean higher premiums – Whether or not you get tickets impacts premiums far more than you think. Getting just one citation may cause rates to rise twenty percent or more. Good drivers get better rates as compared to careless drivers. Drivers who have received flagrant citations like DWI, reckless driving or hit and run convictions may face state-mandated requirements to file a proof of financial responsibility form (SR-22) with their state’s department of motor vehicles in order to prevent a license revocation.
  • Married people drive safer – Your spouse may save some money when shopping for car insurance. Having a significant other translates into being more mature than a single person and it’s statistically proven that being married results in fewer claims.
  • Higher premiums for policy lapses – Not maintaining insurance is a big no-no and as a result your rates will increase for letting your insurance lapse for non-payment. Not only will you pay more, being ticketed for driving with no insurance can result in a hefty fine and possibly a revoked license.
  • How much liability protection – The liability coverage on your policy is the coverage that protects you in the event that you are determined to be liable for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court up to the limits shown on your policy. Liability insurance is pretty cheap as compared to coverage for physical damage, so insureds should have plenty of protection for their assets.

Where can I get cheap insurance coverage?

Getting a more affordable price on 2006 Dodge Caravan insurance is pretty simple and can save money. You just need to take the time comparing free auto insurance quotes to find the company with cheap auto insurance quotes. Shoppers can get rates using one of these methods.

  1. One of the simplest ways to find low rates is a comparison rater form click here to open form in new window. This style of form eliminates the need for a different quote for each company you want a rate for. A single form will get you price quotes from several companies.
  2. A different way to get quotes online is spending the time to visit each company website and request a quote. For instance, we’ll assume you want to see prices from GEICO, Farmers and GMAC. In order to get each rate, you would have to go to every website and punch in your information repeatedly, which is not fast way to get rate quotes.

    To view a list of companies in your area, click here.

  3. The hardest way to get price estimates is making phone calls or going to insurance agencies in your area. Buying insurance online has reduced the need for local agents unless you’re the type of person who wants the professional guidance of an agent trained in personal lines coverage. However, consumers can price shop your coverage online but purchase the actual policy in an agency.

Which method you use is up to you, but make darn sure you compare the exact same deductibles and coverage limits with every price quote. If each company quotes unequal deductibles or liability limits it’s impossible to find the best deal for your Dodge Caravan.

Auto insurance savings promises

Consumers constantly see and hear ads that claim the best prices from companies such as State Farm and Allstate. All the ads advertise claims that you’ll save big just by switching to them.

How does every company offer you a better deal? Here is how they do it.

Insurance companies quote their best rates for the type of customer that earns them the most money. One example of a profitable risk profile could possibly be between 25 and 40, has other policies, and drives a lower-performance vehicle. Anyone that matches those criteria will probably get the lowest car insurance rates and will probably save a lot if they switch.

Consumers who don’t meet these criteria may receive higher premium rates and this results in the customer buying from someone else. If you pay attention, the ads say “customers that switch” but not “everyone who gets a quote” can get the lowest rates when switching. That’s the way companies can truthfully advertise the way they do. This emphasizes why you should get as many free auto insurance quotes as possible. Because you cannot predict which insurance companies will provide the lowest prices.

Insurance discounts help cut rates

Insurance can cost an arm and a leg, but there are discounts available that can drop the cost substantially. Most are applied at the time of quoting, but a few must be specifically requested in order for you to get them.

  • Employee of Federal Government – Active or former government employment can earn a discount up to 10% on Caravan insurance depending on your company.
  • Anti-theft Discount – Vehicles optioned with advanced anti-theft systems help deter theft and can earn a small discount on your policy.
  • Drive Safe and Save – Drivers without accidents can get discounts for up to 45% lower rates on Caravan insurance as compared to drivers with claims.
  • Auto/Home Discount – When you have multiple policies with the same insurance company they may give you a discount of at least 10 to 15 percent or more.
  • Senior Citizen Rates – Mature drivers can possibly qualify for a discount up to 10% on Caravan insurance.
  • Claim Free – Claim-free drivers get the best insurance rates as opposed to frequent claim filers.

Drivers should understand that many deductions do not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates you would end up receiving a 100% discount, nobody gets a free ride.

To find insurance companies with the best insurance discounts, click this link.

Which is the best insurance coverage?

When choosing the best insurance coverage coverage, there is no best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that might help in determining if your insurance needs may require specific advice.

  • Should I buy full coverage?
  • Are my friends covered when driving my 2006 Dodge Caravan?
  • How can I get high-risk coverage after a DUI?
  • Is my Dodge Caravan covered if I use it for business?
  • How can I get my company to pay me more for my totalled car?
  • What is medical payments coverage?
  • What vehicles should carry emergency assistance coverage?
  • Why am I required to buy liability insurance?
  • When does my teenage driver need to be added to my policy?
  • Is a blown tire covered by insurance?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and can help protect your family.

Information about specific coverages

Having a good grasp of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. These are the normal coverages offered by insurance companies.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for immediate expenses for prosthetic devices, EMT expenses and surgery. They can be used to fill the gap from your health insurance program or if you do not have health coverage. Coverage applies to you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision coverage

This coverage covers damage to your Caravan caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as damaging your car on a curb, hitting a mailbox, scraping a guard rail, sustaining damage from a pot hole and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your 2006 Dodge Caravan.

Since many drivers 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 should not be overlooked.

Coverage for liability

This will cover damage or injury you incur to other’s property or people in an accident. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as pain and suffering, repair bills for other people’s vehicles, structural damage, attorney fees and medical expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverage

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, vandalism, hitting a deer and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

At the end of the day…

When shopping online for insurance coverage, it’s a bad idea to skimp on coverage in order to save money. There have been many situations where consumers will sacrifice liability coverage limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your strategy should be to get the best coverage possible at the best possible price, not the least amount of coverage.

Affordable 2006 Dodge Caravan insurance can be bought online in addition to local insurance agencies, and you should compare rates from both to have the best selection. A few companies may not have online rate quotes and many times these small insurance companies provide coverage only through independent insurance agencies.

In this article, we presented many tips how you can shop for 2006 Dodge Caravan insurance online. It’s most important to understand that the more rate quotes you have, the higher your chance of finding cheaper auto insurance. You may even find the best rates are with a company that doesn’t do a lot of advertising. These companies often have lower car insurance rates on specific markets compared to the large companies like State Farm or Progressive.

Additional insurance coverage information is located on the following sites: