Lower Your 1995 Dodge Grand Caravan Insurance Rates

No one cherishes buying car insurance, especially when they are paying too much. Companies like GEICO, 21st Century and Progressive all claim big savings, bombarding you with fancy advertisements and it is challenging if not impossible to avoid their marketing magic and effectively compare rates to find the best deal.

It’s a good idea to price shop coverage yearly because prices change quite often. If you had the lowest rates for Grand Caravan insurance two years ago the chances are good that you can find a lower rate today. Block out anything you think you know about car insurance because you’re about to learn the proper way to properly buy coverages while reducing your premium.

Comprehensive Car Insurance Comparison Quotes

Finding lower car insurance rates isn’t really that difficult. All that’s required is to spend a little time to get quotes online with multiple companies. This can be accomplished in a couple of different ways.

The easiest and least time consuming way to compare a lot of rates at once is a comparison rater form click here to open form in new window. This easy form eliminates the need for separate quotation requests for every car insurance company. One simple form will get you price quotes instantly.

Another way to get comparison quotes requires visiting each individual company website to complete a price quote. For example, let’s say you want comparison quotes from Farmers, Esurance and GEICO. To get rate quotes you would need to go to every website and enter your information, which is why the first method is quicker. To view a list of companies in your area, click here.

It’s up to you which method you use, but make sure you use the exact same coverage limits and deductibles with every price quote. If the quotes have different deductibles it will be very difficult to make a fair comparison for your Dodge Grand Caravan.

The auto insurance bait and switch

Consumers can’t ignore all the ads that promise big savings by companies like State Farm and Allstate. They all seem to make the same claim that you’ll save big if you switch to them.

How can each company make almost identical claims? This is how they do it.

Insurance companies can use profiling for the driver they prefer to insure. An example of a preferred risk might be between 25 and 40, has no prior claims, and has a short commute. A driver that hits that “sweet spot” is entitled to the best price and as a result will probably pay quite a bit less when switching companies.

Drivers who do not match the “perfect” profile will be quoted a higher premium which usually ends up with the driver buying from a lower-cost company. Company advertisements say “drivers who switch” not “everyone that quotes” save that much. That’s the way companies can advertise the savings.

This emphasizes why drivers must get as many quotes as possible. It’s not possible to predict which insurance companies will provide you with the cheapest Dodge Grand Caravan insurance rates.

Factors that can influence insurance rates for a Dodge Grand Caravan

It’s important that you understand some of the elements that help determine the price you pay for car insurance. Understanding what controls the rates you pay enables informed choices that will entitle you to big savings.

  • Proper usage rating affects rates – Driving more miles in a year’s time the more you will pay for car insurance. Most insurance companies rate vehicles based on how the vehicle is used. Cars and trucks left parked in the garage receive lower rates as compared to vehicles used primarily for driving to work. Improper usage on your Grand Caravan can result in significantly higher rates. Make sure your car insurance coverage is rated on the proper vehicle usage, because improper ratings can cost you money.
  • Younger drivers pay higher rates – Mature drivers are more cautious drivers, tend to file fewer claims and receive fewer citations. Youthful drivers are statistically proven to get distracted easily in a vehicle and because of this, their car insurance rates are much higher.
  • Small claims can cost you – Auto insurance companies give cheaper rates to drivers who are claim-free. If you frequently file small claims, you can expect either a policy non-renewal or much higher rates. Auto insurance is intended to be relied upon for the large, substantial claims.
  • Rates may be lower depending on your job – Did you know that where you work can have an impact on rates? Careers like doctors, business owners and dentists are shown to have the highest average rates due to stressful work requirements and long work hours. Other jobs such as scientists, historians and homemakers pay the least for Grand Caravan insurance.
  • Your location affects your rates – Living in less populated areas can save you money when it comes to car insurance. Drivers in populated areas have traffic congestion and much longer commute distances. Fewer people translates into fewer accidents.
  • Marriage brings a discount – Getting married actually saves money on your policy. Having a significant other means you’re more mature and it’s statistically proven that married drivers get in fewer accidents.
  • Lower rates with optional equipment – Choosing a vehicle with a theft deterrent system can save you a little every year. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your vehicle from being stolen.

How much can you save with discounts?

The cost of insuring your cars can be expensive, but there could be available discounts that many people don’t even know exist. A few discounts will automatically apply when you complete an application, but a few must be specifically requested in order for you to get them. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Senior Citizens – Mature drivers may be able to get reduced rates for Grand Caravan insurance.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy can get a discount on all vehicles.
  • Safety Course Discount – Successfully completing a course teaching defensive driving skills can save you 5% or more if you qualify.
  • Use Seat Belts – Using a seat belt and requiring all passengers to use a seat belt could save 15% off the personal injury premium cost.
  • Distant Student – Youth drivers who are attending college and do not have access to a covered vehicle can receive lower rates.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
  • Service Members Pay Less – Being deployed with a military unit could be rewarded with lower premiums.

As a disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So despite the fact that it appears it’s possible to get free car insurance, companies wouldn’t make money that way. Any qualifying discounts will bring down the amount you have to pay.

For a list of insurance companies who offer insurance discounts, click here to view.

How much car insurance do I need?

When it comes to choosing coverage for your personal vehicles, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions can help discover if you may require specific advice.

  • How much liability insurance is required?
  • Does my insurance cover my expensive audio equipment?
  • Should I carry comprehensive and collision coverage?
  • If I drive on a suspended license am I covered?
  • Is business equipment covered while in my vehicle?
  • How can I get my company to pay me more for my totalled car?
  • When do I need to add a new car to my policy?
  • What is the difference between comprehensive and collision coverage?
  • Why am I required to buy liability insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find 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 provide invaluable advice.

Auto insurance coverage information

Knowing the specifics of a insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are typical coverages found on most insurance policies.

Comprehensive or Other Than Collision

This pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like fire damage, damage from a tornado or hurricane, hail damage and damage from getting keyed. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for collisions

Collision insurance pays for damage to your Grand Caravan resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like hitting a mailbox, driving through your garage door and colliding with a tree. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage pay for bills like rehabilitation expenses, EMT expenses, X-ray expenses, pain medications and prosthetic devices. They are often used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

UM/UIM Coverage

Your UM/UIM 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 damage to your 1995 Dodge Grand Caravan.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these limits are similar to your liability insurance amounts.

Liability insurance

Liability coverage protects you from damage or injury you incur to people or other property. It protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims like bail bonds, loss of income and medical services. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Get your money’s worth

As you go through the steps to switch your coverage, do not sacrifice coverage to reduce premiums. There have been many cases where someone dropped liability coverage limits and learned later that it was a big mistake. Your focus should be to buy the best coverage you can find at an affordable rate.

Low-cost 1995 Dodge Grand Caravan insurance is available online and also from your neighborhood agents, so you should be comparing quotes from both to have the best rate selection. Some insurance companies may not provide online quoting and most of the time these regional insurance providers sell through independent agents.

More detailed auto insurance information is available in the articles below: