Cheaper 2003 Dodge Caravan Insurance Rates

Trying to find lower auto insurance rates for your Dodge Caravan? Did you fall for a flashy sales pitch and buy overpriced auto insurance? Trust us when we tell you many consumers feel financially strained by their auto insurance policy.

Big-name insurance companies like GEICO, Progressive and Allstate persitently shower you with fancy advertisements and it is challenging if not impossible to see through the deception and do the work needed to find the best deal.

Comparison of Insurance

When shopping for insurance there are multiple ways to compare rate quotes from insurance companies in your area. The easiest way to compare 2003 Dodge Caravan insurance prices consists of shopping online. This can be done in a couple of different ways.

The best way to get the best comparison quotes would be an industry-wide quote request form (click to open form in new window). This type of form saves time by eliminating boring form submissions to each individual insurance company. One form gets rate comparisons from all major companies.

A less efficient way to find lower rates consists of going to each company’s website to request a price quote. For instance, let’s say you want comparison quotes from Allstate, Safeco and Farmers. You would have to spend time on each company’s site to enter your coverage information, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.

It’s up to you how you get prices quotes, just ensure you are comparing identical quote information for every company. If you compare mixed coverages it’s impossible to decipher which rate is best. Having just a slight variation in insurance coverages may result in a large different in cost. And when quoting insurance, remember that quoting more helps locate the best rates.

Situations that might require an agent

When choosing proper insurance coverage, there is no perfect coverage plan. Every situation is different so this has to be addressed. For instance, these questions may help highlight whether your personal situation might need an agent’s assistance.

• What is medical payments coverage?
• Am I covered when delivering products for my home-based business?
• How much can I save by bundling my policies?
• How do I buy GAP insurance?
• Is my Dodge Caravan covered if I use it for business?
• Where can I find high-risk insurance?
• Which is better, split liability limits or combined limits?
• Is my camper covered by my car insurance policy?
• I have health insurance so do I need medical payments coverage?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Educate yourself about insurance coverages

Having a good grasp of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverage types found on the average insurance policy.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Dodge Caravan.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits do not exceed the liability coverage limits.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as EMT expenses, ambulance fees, dental work, nursing services and surgery. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. It covers 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 not available in all states but can be used in place of medical payments coverage

Liability auto insurance

Liability coverage protects you from damages or injuries you inflict on other’s property or people in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as emergency aid, pain and suffering, loss of income and structural damage. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Collision coverage

This covers damage to your Caravan resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as hitting a parking meter, hitting a mailbox, driving through your garage door, backing into a parked car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like hitting a deer, theft, damage from flooding and vandalism. The maximum amount your insurance company will pay 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.