Compare Dodge Grand Caravan Insurance Quotes in Riverside

It’s an obvious assumption that auto insurance companies don’t want their policyholders to compare prices. Insureds who shop around for the cheapest price will most likely buy a different policy because there are good odds of finding a more affordable policy. A study discovered that people who regularly compared rates saved an average of $860 a year compared to policyholders who never shopped for cheaper rates.

If finding the best rates on Dodge Grand Caravan insurance is why you’re reading this, then having a grasp of how to find and compare insurance premiums can make shopping around easier.

The recommended way to get cheaper Dodge Grand Caravan insurance is to compare prices regularly from insurers who can sell car insurance in Riverside. You can shop around by completing these steps.

Step 1: Try to learn a little about coverages and the measures you can take to prevent expensive coverage. Many rating factors that increase rates like speeding tickets, accidents and poor credit history can be remedied by making minor changes to your lifestyle.

Step 2: Compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can provide rates from a single company like GEICO and Allstate, while independent agents can provide price quotes for a wide range of insurance providers.

Step 3: Compare the quotes to your existing policy to see if cheaper Grand Caravan coverage is available in Riverside. If you can save some money and change companies, verify that coverage does not lapse between policies.

Step 4: Notify your company or agent to cancel your current auto insurance policy. Submit a down payment along with a signed application to your new company or agent. Once the paperwork is finalized, keep the new certificate of insurance with the vehicle registration.

An important bit of advice to remember is to try to compare the same deductibles and limits on each quote request and and to get rates from as many different companies as possible. Doing this ensures the most accurate price comparison and a better comparison of the market.

Buying the cheapest insurance in Riverside is much easier if you have a good place to start. If you have a policy now or are looking for a new policy, take advantage of these tips to lower your rates without reducing protection. Consumers just need to understand the most effective way to compare different rates from multiple carriers.

The companies shown below can provide price comparisons in Riverside, CA. If more than one company is shown, we recommend you compare several of them to find the most competitive car insurance rates.

It may be expensive, but it’s not optional

Even though Riverside Grand Caravan insurance rates can get expensive, paying for insurance is required in California but it also protects you in many ways.

First, almost all states have mandatory insurance requirements which means you are required to carry a minimum amount of liability insurance coverage if you don’t want to risk a ticket. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.

Second, if your Grand Caravan has a loan, most lenders will force you to have insurance to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the lender may have to buy a policy to insure your Dodge for a lot more money and force you to pay for the expensive policy.

Third, insurance protects not only your car but also your financial assets. Insurance will pay for many types of medical costs incurred in an accident. Liability insurance, one of your policy coverages, will also pay to defend you if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, your policy will pay to have it repaired.

The benefits of buying insurance greatly outweigh the cost, especially when you need to use it. According to a survey of 1,000 drivers, the average driver is overpaying over $865 each year so we recommend shopping around at every renewal to be sure current rates are still competitive.

Insurance coverage details

The rate table below showcases different coverage costs for Dodge Grand Caravan models. Being able to understand how policy rates are figured can help you make smart choices when buying a policy.

Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Premium amounts do not factor in your specific Riverside location which can impact rates noticeably.

How high should deductibles be?

When shopping for car insurance, a common question is where should you set your physical damage deductibles. The rates shown below can help illustrate how much more you’ll pay when you buy lower versus higher comp and collision deductibles. The first pricing table uses a $250 physical damage deductible and the second set of rates uses a $500 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Rate quotes do not factor in Riverside location which can affect coverage prices greatly.

We can estimate from the data above that using a $250 deductible will cost you approximately $17 more each month or $204 every year across all Dodge Grand Caravan models than opting for the higher $500 deductible. Since you would have to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you average more than 15 months between claims, you would probably be better off going with the higher deductible.

The information below shows how different deductible levels and can increase or decrease Dodge Grand Caravan insurance costs for different age groups. The costs are based on a married female driver, comprehensive and collision coverage, and no other discounts are factored in.

Comparison of full coverage and liability-only policies

The diagram below shows the comparison of Dodge Grand Caravan car insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in California. Data assumes no violations or claims, $100 deductibles, single status, and no discounts are factored in.

When to buy liability coverage only

There is no clear-cut formula that works best for making the decision to drop physical damage insurance, but there is a general school of thought. If the yearly cost of comp and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.

For example, let’s pretend your Dodge Grand Caravan book value is $7,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $6,000 after paying your deductible. If you are paying over $600 annually for physical damage coverage, then it might be time to consider dropping full coverage.

There are some circumstances where buying only liability insurance is not in your best interest. If you haven’t satisfied your loan, you must maintain physical damage coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should keep full coverage.

Auto insurance discounts are available for cheaper rates

Car insurance can cost a lot, but you might find some hidden discounts to help offset the cost. Most are applied when you purchase, but once in a while a discount must be requested specifically before being credited. If you do not double check each discount you deserve, you’re paying more than you need to.

• Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle their seat belts can save 10% or more off the personal injury premium cost.
• Discount for Low Mileage – Keeping the miles down on your Dodge could earn lower auto insurance rates due to less chance of an accident.
• One Accident Forgiven – This one isn’t a discount, but a few companies such as State Farm and Progressive will allow you to have one accident before raising your premiums if you have no claims for a certain period of time.
• Senior Discount – Older drivers may be able to get a discount up to 10%.
• ABS and Traction Control Discounts – Cars that have anti-lock braking systems can stop better under adverse conditions and will save you 10% or more on Grand Caravan insurance in Riverside.
• Sign Early and Save – Some larger companies provide a discount for buying a policy early. You can save around 10% with this discount.
• Clubs and Organizations – Participating in a professional or civic organization can get you a small discount when shopping for auto insurance.
• Theft Deterrent System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
• Smart Student Discounts – Getting good grades can earn a discount of 20% or more. Many companies even apply the discount to college students well after school through age 25.

Discounts save money, but please remember that most of the big mark downs will not be given to your bottom line cost. Most only reduce individual premiums such as collision or personal injury protection. If you do the math and it seems like you could get a free auto insurance policy, it just doesn’t work that way.

The example below visualizes the comparison of Dodge Grand Caravan car insurance rates with and without discounts being applied to the rates. The rates are based on a female driver, a clean driving record, no claims, California state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, homeowner, safe-driver, and claim-free discounts applied.

The best auto insurance companies and some of the discounts are:

• Progressive has savings for multi-vehicle, multi-policy, online quote discount, homeowner, online signing, and good student.
• MetLife discounts include good student, claim-free, multi-policy, defensive driver, and good driver.
• Mercury Insurance offers premium reductions for multi-car, age of vehicle, professional/association, multi-policy, and good driver.
• Nationwide may have discounts that include Farm Bureau membership, good student, accident-free, business or organization, family plan, and multi-policy.
• GEICO offers discounts including defensive driver, multi-vehicle, emergency military deployment, membership and employees, and military active duty.
• AAA may include discounts for multi-policy, good student, multi-car, pay-in-full, and education and occupation.

When comparing rates, check with all companies you are considering which discounts you qualify for. A few discounts may not be available in your area. If you would like to view providers that offer multiple discounts in Riverside, click here to view.

Tailor your car insurance coverage to you

Always remember that when buying coverage, there really isn’t a perfect coverage plan. Everyone’s situation is a little different and your policy should reflect that.
These are some specific questions might point out whether or not you may require specific advice.

• When should I buy a commercial auto policy?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• What can I do if my company won’t pay a claim?
• Does coverage extend to a rental car in a foreign country?
• Why is insurance for a teen driver so high in Riverside?
• What should my uninsured motorist coverage limits be in California?
• How high should deductibles be on a Dodge Grand Caravan?
• Are all vehicle passengers covered by medical payments coverage?
• Is my camper covered by my car insurance policy?
• Where can I find DUI or SR-22 insurance?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.