1998 Dodge Caravan Insurance Cost – 5 Tips for Cheaper Prices

Searching for the cheapest insurance rates for your Dodge Caravan? Trying to find cheaper Driversinsurance may be nearly impossible for drivers who have little experience online insurance quotes. With such a large choice of online companies available, it can quickly become a difficult situation to find better prices.

Insurance coverage companies offer money-saving discounts

Some providers don’t list all available discounts very well, so the following list contains some of the more common as well as the least known discounts that you may qualify for.

  • Anti-theft Discount – Vehicles equipped with tracking devices and advanced anti-theft systems are stolen less frequently and earn discounts up to 10% off your car insurance quote.
  • Military Discounts – Being deployed with a military unit may qualify for rate reductions.
  • Homeowners Discount – Owning a house may trigger a policy discount on insurance coverage because maintaining a house means you have a higher level of financial diligence.
  • Paperwork-free – Some insurance coverage companies will give you a small discount for buying a policy and signing up digitally online.
  • Defensive Driver – Completing a class that teaches safe driver techniques could possibly earn you a 5% discount if your company offers it.

A little note about advertised discounts, most discounts do not apply the the whole policy. Some only apply to the price of certain insurance coverages like comprehensive or collision. So when the math indicates all the discounts add up to a free policy, company stockholders wouldn’t be very happy. But any discount will cut your overall bill.

Larger insurance coverage companies and the discounts they provide can be read below.

  • GEICO has savings for driver training, military active duty, anti-theft, federal employee, membership and employees, defensive driver, and air bags.
  • Auto-Owners Insurance offers discounts including teen driver, safe vehicle, paid in full, good student, and company car.
  • American Family discounts include good driver, bundled insurance, good student, air bags, early bird, and multi-vehicle.
  • Esurance may have discounts that include Pac-12 alumni, renters, safety device, multi-policy, DriveSense, and homeowner.
  • Progressive may offer discounts for continuous coverage, online quote discount, homeowner, online signing, multi-policy, good student, and multi-vehicle.
  • State Farm may include discounts for Steer Clear safe driver discount, multiple autos, accident-free, multiple policy, good driver, student away at school, and driver’s education.
  • AAA offers discounts for multi-policy, education and occupation, pay-in-full, good driver, and good student.

When getting a coverage quote, ask all companies you are considering which credits you are entitled to. Savings may not be offered everywhere.

Do I just need basic coverages?

When it comes to buying the best insurance coverage for your vehicles, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

These are some specific questions can aid in determining whether your personal situation may require specific advice.

  • Am I covered when using my vehicle for business?
  • Where can I get insurance after a DUI in my state?
  • Should I drop comprehensive coverage on older vehicles?
  • Does my medical payments coverage pay my health insurance deductible?
  • Is my ex-spouse still covered by my policy?
  • Do I need to file an SR-22 for a DUI in my state?
  • Does my 1998 Dodge Caravan qualify for pleasure use?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?

If you’re not sure about those 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, simply complete this short form.

But they said I’d save $471 a year!

State Farm, Allstate and GEICO seem to constantly run television and radio advertisements. They all seem to make the promise that people will save if you switch your coverage to them. How does each company make the same claim? It’s all in the words they use.

Insurance providers offer their best rates for the type of insured that earns them a profit. An example of a desirable risk might have to be between the ages of 30 and 45, has no prior claims, and drives less than 10,000 miles a year. A propective insured that fits those parameters will most likely get cheap car insurance rates and most likely will save a lot if they switch.

Insureds who are not a match for these standards may be required to pay higher premiums which leads to business going elsewhere. The wording the ads use say “customers who switch” not “everyone who quotes” can save as much as they claim. That’s the way insurance companies can state the savings. This really emphasizes why you need to compare price quotes frequently. It is impossible to guess which insurance companies will have the best car insurance rates.

Auto insurance coverages 101

Knowing the specifics of a auto insurance policy helps when choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like hail damage, theft, damage from flooding and falling objects. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for immediate expenses like dental work, rehabilitation expenses, X-ray expenses and nursing services. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants in addition to any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Auto liability

Liability insurance will cover damages or injuries you inflict on other people or property. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability insurance covers things such as medical expenses, medical services, emergency aid and loss of income. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Dodge Caravan.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Collision coverage protection

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things like damaging your car on a curb, driving through your garage door, sideswiping another vehicle and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Online plus local equals savings

When shopping online for auto insurance, you should never skimp on critical coverages to save a buck or two. Too many times, someone sacrificed uninsured motorist or liability limits only to discover later that their decision to reduce coverage ended up costing them more. Your goal is to get the best coverage possible at the best cost, not the least amount of coverage.

Lower-priced 1998 Dodge Caravan insurance can be found both online as well as from independent agents, and you should compare rates from both to have the best selection. Some auto insurance companies don’t offer price quotes online and most of the time these regional carriers sell through independent agents.

Consumers who switch companies do it for many reasons like delays in responding to claim requests, lack of trust in their agent, an unsatisfactory settlement offer and not issuing a premium refund. It doesn’t matter what your reason, finding a new auto insurance company is less work than it seems.

More detailed auto insurance information can be read in these articles: