Cheaper 2000 Dodge Grand Caravan Insurance Rates

Want the cheapest insurance coverage rates for your Dodge Grand Caravan? Are you at wits end from scraping the payment together to pay high insurance coverage rates every month? You have the same problem as many other drivers.

Having so many insurance providers from which to choose, it can be hard to choose the most affordable insurer.

This information will tell you how to get online quotes and some tricks to saving. If you currently have a car insurance policy, you should be able to save some money using this information. But consumers can benefit from knowing how the larger insurance companies sell insurance online and use this information to your advantage.

How to compare car insurance price quotes

To get cheaper insurance quotes, there a variety of ways of comparing rates from companies that offer car insurance in your state. The recommended way to find the cheapest 2000 Dodge Grand Caravan insurance rates is to get quotes online. This can be done in just a few minutes using one of these methods.

  1. The single most time-saving way to find low rates is a comparison rater form (click to open form in new window). This type of form eliminates the need for multiple quote forms for every car insurance company. In just a few minutes this one form will return price quotes from many national carriers.
  2. A more time consuming way to analyze rates is going to each company’s website and go through the quote process again. For sake of this example, we’ll assume you need rates from Allstate, State Farm and Liberty Mutual. To do that, you would have to visit each site and repeatedly enter your information, which can get rather old. To view a list of companies in your area, click here.
  3. If you have time to kill, the last way to comparison shop rate quotes is actually driving to local insurance agencies. The internet has reduced the need for local agents unless you have a need for the trained guidance that only a licensed agent can provide. If you prefer, some companies allow you to compare the best prices online and still use a local agent.

How you compare quotes is your choice, just ensure you’re using equivalent information with every price quote. If the quotes have unequal deductibles or liability limits then you won’t be able to find the best deal for your Dodge Grand Caravan. Just slight variations in limits may cause a big price difference. And when comparison shopping, comparing more company’s prices increases your odds of finding a lower rate than you’re paying now. Not every company allows you to get rate quotes online, so you also need to get prices on coverage from those companies, too.

Auto insurance ads bend the truth

Popular auto insurance providers such as State Farm, Allstate and GEICO seem to constantly run ads on television and other media. All the companies try to convey promises that you’ll save big if you get a free insurance quote and switch to them. How is it possible that every company can claim to save you money?

All companies have a preferred profile for the type of customer that will be a good risk. For instance, a profitable risk profile should be a married female, has no prior claims, and insures a new vehicle. Anyone that hits that “sweet spot” receive the lowest rate quotes and is almost guaranteed to save when switching.

Drivers who do not match these criteria will have to pay higher rates which translates to the customer buying from a different company. The ad wording is “drivers that switch” not “everybody who quotes” save that much. That’s the way companies can truthfully advertise the savings.

That is why you really should do a quote comparison often. It is just not possible to predict which company will fit you best based on your risk profile.

What affects Dodge Grand Caravan insurance prices?

Consumers need to have an understanding of a few of the rating criteria that play a part in calculating insurance coverage rates. If you have some idea of what positively or negatively impacts your premiums, this enables informed choices that can help you get lower rates. Many different elements are part of the calculation when quoting car insurance. A few of the factors are predictable such as your driving record, but other criteria are not quite as obvious like your vehicle usage or your vehicle rating.

Shown below are most of the major factors used by companies to determine prices.

  • Amount of liability protection – Liability coverage will protect you if you are determined to be liable for damages from an accident. It will provide legal defense coverage which can cost a lot. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • How many coverages with the same company – Most major insurers apply better rates to policyholders who have multiple policies with them, otherwise known as a multi-policy discount. The discount can add up to anywhere from five to ten percent in most cases. Even if you’re getting this discount you may still want to compare other insurance prices to verify if the discount is saving money. Consumers may find better rates by insuring with multiple companies.
  • Rates may be lower depending on your employer – Did you know your occupation can influence how much you pay for insurance coverage? Jobs such as real estate brokerspolice officers and medical professionals generally have higher premium rates in part from intense work requirements and lots of time spent away from family. Conversely, occupations such as actors, historians and the unemployed get better rates on Grand Caravan coverage.
  • Vehicles with better crash test results means cheaper premiums – Cars with five star safety ratings tend to have lower insurance rates. The safest vehicles help reduce the chance of injuries in an accident and lower injury rates means your insurance company pays less and more competitive rates for policyholders.
  • Only buy what you need – There are quite a few additional extra coverages you can purchase if you don’t pay attention. Insurance for personal injury protection, better glass coverage, and extra life insurance coverage are examples of these. The coverages may be enticing when discussing your needs, but if you don’t need them remove them from your policy.
  • Coverage lapses lead to higher insurance coverage rates – Driving without insurance can get your license suspended and you will pay a penalty because you let your insurance expire. And not only will your rates increase, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license. Then you may be required to file a SR-22 with your state DMV.
  • Does insurance cost less for females? – Over the last 30 years, statistics show that females tend to be a little less risky than males. However, don’t assume that females are better drivers. Males and females are in accidents at about the same rate, but the males tend to have higher claims. Men also tend to get ticketed for serious violations like driving under the influence (DUI).

Discounts can really help save money

Some companies don’t necessarily list every possible discount very well, so here is a list some of the best known and the harder-to-find credits that you can use to lower your rates. If you do not double check each discount you qualify for, you could be paying more than you need to.

  • Employee of Federal Government – Having worked for a branch of the government could qualify for a slight premium decrease on Grand Caravan coverage depending on your insurance coverage provider.
  • Smart Student Discounts – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
  • Student Discount for Driver Training – Require your teen driver to sucessfully take a drivers education course if it’s offered in school.
  • Accident Forgiveness – Not a discount per se, but companies like Liberty Mutual, Allstate and State Farm may permit one accident without getting socked with a rate hike so long as you are claim-free before the accident.
  • Seat Belts Save – Drivers who require all occupants to use a seat belt can save a little on the premium charged for medical payments and/or PIP.

A quick disclaimer, most discount credits are not given to your bottom line cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. Despite the appearance that you would end up receiving a 100% discount, you’re out of luck.

A few of the larger companies and their possible discounts are:

  • Farmers Insurance discounts include electronic funds transfer, mature driver, pay in full, business and professional, youthful driver, early shopping, and multi-car.
  • State Farm may have discounts that include multiple policy, safe vehicle, good driver, student away at school, and Drive Safe & Save.
  • Liberty Mutual may offer discounts for newly married, new move discount, safety features, teen driver discount, and multi-policy.
  • MetLife includes discounts for defensive driver, good student, multi-policy, claim-free, accident-free, good driver
  • Progressive offers discounts including good student, multi-vehicle, online signing, homeowner, multi-policy, and continuous coverage.

If you need lower rates, check with each insurance company how many discounts you can get. Some discounts listed above may not be available in your area. If you would like to see a list of companies who offer online insurance coverage quotes, click this link.

Will just any policy work for me?

When buying coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s needs are different and a cookie cutter policy won’t apply. For example, these questions might point out whether your personal situation could use an agent’s help.

  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered if I drive in a foreign country?
  • Is my state a no-fault state?
  • Are my friends covered when driving my car?
  • Do I need PIP (personal injury protection) coverage in my state?
  • What if I owe more than I can insure my car for?
  • Can I make deliveries for my home business?
  • Does my personal policy cover me when driving out-of-state?
  • Do I have any recourse if my insurance company denies a claim?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Specific coverages for a Dodge Grand Caravan

Learning about specific coverages of your insurance policy can help you determine the right coverages and proper limits and deductibles. Insurance terms can be confusing and coverage can change by endorsement. These are the usual coverages offered by insurance companies.

UM/UIM Coverage

This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and also any damage incurred to your Dodge Grand Caravan.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these coverages are similar to your liability insurance amounts.

Comprehensive or Other Than Collision

This will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as hitting a deer, theft, a tree branch falling on your vehicle and hail damage. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Auto liability insurance

This coverage protects you from injuries or damage you cause to a person or their property. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things like emergency aid, repair costs for stationary objects, repair bills for other people’s vehicles, legal defense fees and funeral expenses. The amount of liability coverage you purchase is a personal decision, but consider buying as high a limit as you can afford.

Medical costs insurance

Coverage for medical payments and/or PIP pay for short-term medical expenses for things like hospital visits, dental work, doctor visits and prosthetic devices. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Collision protection

This coverage covers damage to your Grand Caravan caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like backing into a parked car, sideswiping another vehicle, crashing into a ditch and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Knowledge is power

We just covered a lot of techniques to shop for 2000 Dodge Grand Caravan insurance online. The most important thing to understand is the more companies you get rates for, the higher your chance of finding cheaper insurance. You may be surprised to find that the best prices are with the smaller companies. Regional companies may only write in your state and offer lower rates than their larger competitors like Progressive or GEICO.

Some insurance companies may not offer the ability to get quotes online and many times these regional carriers work with independent agents. Budget-friendly insurance coverage is definitely available online as well as from insurance agents, so compare prices from both to have the best rate selection.

Much more information about insurance coverage is available below: