Lower Your 2005 Dodge Caravan Insurance Cost

Locating the cheapest insurance for your Dodge Caravan can turn out to be difficult, but you can learn the following methods to make it easier. There are more efficient ways to shop for auto insurance so you’re going to learn the absolute fastest way to price shop coverage on a Dodge and find the cheapest rates from both online companies and local agents.

How to Compare Insurance Coverage Costs

Getting a lower price on 2005 Dodge Caravan insurance isn’t really that difficult. All you need to do is take the time to compare rate quotes online from several insurance companies. This is very easy and can be done in several different ways.

One of the simplest ways to get the best comparison quotes is a comparison rater form (click to open form in new window). This method prevents you from having to do boring form submissions for every insurance coverage company. In just a few minutes this one form will get you price quotes from multiple companies. It’s definitely the quickest method.
A more time consuming way to compare rate quotes requires visiting each company’s website to complete a price quote. For example, we’ll assume you want to compare Farmers, GEICO and Allstate. To get rate quotes you would need to go to every website and enter your information, which is why the first method is quicker.
For a list of links to companies insuring cars in your area, click here.

It doesn’t matter which method you choose, just make sure you use apples-to-apples coverages for each price quote. If your comparisons have different liability limits it will be next to impossible to truly determine the lowest rate.

Verify you’re getting all your discounts

Car insurance companies do not advertise every available discount very clearly, so here is a list both well-publicized as well as the least known insurance coverage savings. If you’re not getting every credit available, you’re paying more than you need to.

Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
Multi-policy Discount – If you have multiple policies with the same insurance company you will save up to 20% off your total premium.
Memberships – Belonging to a professional or civic organization could qualify you for a break on insurance coverage for Caravan coverage.
Good Student Discount – A discount for being a good student can get you a discount of up to 25%. This discount can apply up to age 25.
Pay Upfront and Save – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
Accident Free – Drivers with accident-free driving histories can save substantially as compared to bad drivers.
Seat Belts Save more than Lives – Requiring all passengers to use a seat belt could save 15% off the personal injury premium cost.
One Accident Forgiven – Certain companies will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims for a particular time prior to the accident.
Distant Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.

Drivers should understand that some of the credits will not apply to all coverage premiums. Most only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates having all the discounts means you get insurance for free, you won’t be that lucky.

Insurance companies that possibly offer these benefits include:

Double check with all companies you are considering which discounts they offer. All car insurance discounts might not be offered everywhere.

When should I talk to an agent?

When buying proper insurance coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is a little different.

These are some specific questions might help in determining whether you might need an agent’s assistance.

Is pleasure use cheaper than using my 2005 Dodge Caravan to commute?
Do I need medical payments coverage since I have good health insurance?
Am I covered if I wreck a rental car?
Do I have coverage when making deliveries for my home business?
Is my camper covered by my car insurance policy?
What vehicles should carry emergency assistance coverage?
Are there companies who specialize in insuring high-risk drivers?
Am I covered if hit by an uninsured driver?
Should I drop comprehensive coverage on older vehicles?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It only takes a few minutes and may give you better protection.

Auto insurance policy coverages for a 2005 Dodge Caravan

Having a good grasp of your auto insurance policy aids in choosing which coverages you need and proper limits and deductibles. Auto insurance terms can be impossible to understand and reading a policy is terribly boring.

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive protection

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as a tree branch falling on your vehicle, damage from getting keyed, a broken windshield and vandalism. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like sideswiping another vehicle, scraping a guard rail, sustaining damage from a pot hole, damaging your car on a curb and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. You can also increase the deductible to get cheaper collision coverage.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for expenses for funeral costs, chiropractic care, prosthetic devices and X-ray expenses. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Coverage for liability

This coverage can cover damages or injuries you inflict on people or other property that is your fault. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 which means $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 coverage pays for things such as bail bonds, funeral expenses and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but buy as high a limit as you can afford.