How Much Does 2015 Dodge Grand Caravan Insurance Cost?

Searching for better insurance coverage rates for your Dodge Grand Caravan? Overpriced Dodge Grand Caravan insurance can dwindle your personal savings, especially in this economy. Shopping your coverage around is free and is an excellent way to tighten up your finances.

Insurance companies such as State Farm, Geico and Farmers Insurance all promote huge savings with advertising and it can be hard to ignore the promise of big savings and do the work needed to find the best deal.

It’s a great practice to compare rates quite often because rates tend to go up over time. Just because you found the lowest price on Grand Caravan coverage a few years ago other companies may now be cheaper. You’ll find quite a bit of inaccurate information about insurance coverage on the internet, so by reading this article, you’re going to learn some great ideas on how to reduce your insurance coverage bill.

Pay less by taking advantage of discounts

Properly insuring your vehicles can get expensive, but there are discounts available to help offset the cost. A few discounts will automatically apply at the time of quoting, but lesser-known reductions have to be specially asked for before you get the savings.

  • Payment Method – By paying your policy upfront rather than paying monthly you could save 5% or more.
  • Good Student Discount – Performing well in school can earn a discount of 20% or more. The discount lasts up until you turn 25.
  • Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates on Grand Caravan coverage than their less cautious counterparts.
  • Government Employees – Active or retired federal employment can save as much as 8% on Grand Caravan coverage with select insurance companies.
  • Passive Restraint Discount – Cars that have air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • Discount for New Cars – Insuring a new car can be considerably cheaper compared to insuring an older model.
  • Defensive Driver – Taking part in a course in driver safety could cut 5% off your bill depending on where you live.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. A few only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like it’s possible to get free car insurance, you’re out of luck. But all discounts will cut your premiums.

To see a list of providers with the best insurance coverage discounts, follow this link.

Your coverage should be tailored to you

When buying adequate coverage, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that can help discover if your situation might need an agent’s assistance.

  • Are rock chip repairs covered?
  • Do I need roadside assistance coverage?
  • Do I benefit by insuring my home with the same company?
  • How many claims can I have before being cancelled?
  • Should I buy more coverage than the required minimum liability coverage?
  • What is medical payments coverage?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Is there deception in advertising?

Companies like Progressive, Geico, Allstate and State Farm consistently run ads on television and other media. All the ads make an identical promise about savings if you change your policy. How do they all claim to save you money?

Different companies are able to cherry pick for the type of customer that is profitable for them. An example of a profitable customer might be profiled as between the ages of 40 and 55, has no tickets, and has great credit. A customer who fits that profile will get the preferred rates and therefore will save when switching.

Consumers who fall outside these standards will have to pay a more expensive rate and this can result in the customer not buying. The ads state “drivers who switch” not “everyone that quotes” save that much money. That is how companies can truthfully advertise the way they do.

Because of the profiling, drivers must get quotes from several different companies. It’s not possible to predict which car insurance company will provide you with the cheapest Dodge Grand Caravan insurance rates.

Educate yourself about insurance coverages

Learning about specific coverages of a insurance policy helps when choosing which coverages you need for your vehicles. Policy terminology can be difficult to understand and coverage can change by endorsement. These are the usual coverages available from insurance companies.

Comprehensive coverage

This coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, hitting a bird, hail damage and damage from getting keyed. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto liability

Liability coverage can cover damage or injury you incur to other people or property by causing an accident. It protects you against claims from other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like emergency aid, structural damage, repair bills for other people’s vehicles, medical services and attorney fees. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford.

Uninsured/Underinsured Motorist coverage

This coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Dodge Grand Caravan.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Normally these limits do not exceed the liability coverage limits.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for immediate expenses for prosthetic devices, surgery, EMT expenses and dental work. They are used to fill the gap from your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants as well as getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things like scraping a guard rail, hitting a parking meter and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Never pay more for less

Lower-priced 2015 Dodge Grand Caravan insurance can be sourced both online and also from your neighborhood agents, and you need to price shop both to get a complete price analysis. Some insurance coverage companies may not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.

In this article, we covered many ideas to shop for insurance online. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from some of the lesser-known companies. These companies may have significantly lower rates on certain market segments than their larger competitors like Allstate or State Farm.

Additional insurance coverage information can be read at the links below