How to Compare Cleveland Dodge Grand Caravan Insurance

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Inconceivable but true, over 70% of Ohio drivers kept buying from the same company for at least the last four years, and approximately 40% of consumers have never quoted auto insurance rates at all. With the average auto insurance premium being $1,847, U.S. drivers could save up to $859 every year by just comparing quotes, but they just don't understand how easy it is to do a rate comparison.

Discount Dodge Grand Caravan insuranceIf you want to find the absolute lowest rates, then the best way to get more affordable car insurance rates in Cleveland is to begin comparing prices regularly from different companies who provide auto insurance in Ohio.

  • First, spend some time learning about how companies set rates and the factors you can control to keep rates in check. Many risk factors that drive up the price such as high-risk driving behaviors and your credit history can be rectified by being financially responsible and driving safely. Later in this article we will cover instructions to help reduce prices and earn a bigger discount.
  • Second, compare prices from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only provide price estimates from one company like GEICO and Allstate, while agents who are independent can quote rates from multiple insurance companies.
  • Third, compare the new rates to your current policy premium and see if there is a cheaper rate in Cleveland. If you find a better price and buy the policy, ensure coverage does not lapse between policies.
  • Fourth, give proper notification to your current agent or company of your intention to cancel your existing policy and submit a down payment along with a signed application to the newly selected company. As soon as you have the new policy, put the new proof of insurance paperwork in an accessible location in your vehicle.

One important bit of advice is to make sure you're comparing identical deductibles and limits on each price quote and and to get quotes from every company you can. Doing this guarantees a level playing field and the most accurate and complete price analysis.

Cheap Cleveland Dodge Grand Caravan insurance price quotes

The companies shown below offer price comparisons in Ohio. To find the cheapest auto insurance in OH, it's highly recommended you visit two to three different companies to get the lowest price.

Car insurance is an important decision

Despite the potentially high cost of Dodge Grand Caravan insurance, insuring your vehicle may be required for several reasons.

  • Most states have mandatory insurance requirements which means state laws require a specific level of liability insurance coverage if you drive a vehicle. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If your Grand Caravan has a lienholder, most lenders will stipulate that you have insurance to guarantee payment of the loan. If the policy lapses, the lender may insure your Dodge at a significantly higher premium and force you to pay the higher price.
  • Insurance protects not only your Dodge Grand Caravan but also your financial assets. It will also provide coverage for medical expenses that are the result of an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses if you cause an accident and are sued. If mother nature or an accident damages your car, comprehensive and/or collision insurance will cover the damage repairs after a deductible is paid.

The benefits of carrying adequate insurance definitely exceed the price paid, especially for larger claims. But the average driver in Ohio is overpaying over $830 a year so smart consumers compare quotes at every renewal to save money.

Insurance statistics and figures

The price information displayed below outlines detailed analysis of coverage costs for Dodge Grand Caravan models. Having insight into how auto insurance prices are established can help you make informed decisions when shopping around for a new policy.

Dodge Grand Caravan Insurance Rates in Cleveland, OH
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Caravan CV $108 $152 $226 $14 $68 $568 $47
Grand Caravan SE $108 $152 $226 $14 $68 $568 $47
Grand Caravan Hero $108 $186 $226 $14 $68 $602 $50
Grand Caravan Crew $122 $186 $226 $14 $68 $616 $51
Grand Caravan SXT $122 $186 $226 $14 $68 $616 $51
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Premium amounts do not factor in specific location information which can change price quotes noticeably.

Where to set your deductibles

One of the hardest decisions when shopping for insurance is which deductibles should you choose. The data tables below show the rate difference when you choose different coverage deductibles. The first set of rates uses a $100 deductible for comp and collision and the second pricing table uses a $500 deductible.

Dodge Grand Caravan insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Caravan CV $196 $290 $226 $14 $68 $819 $68
Grand Caravan SE $196 $290 $226 $14 $68 $819 $68
Grand Caravan Hero $196 $352 $226 $14 $68 $881 $73
Grand Caravan Crew $220 $352 $226 $14 $68 $905 $75
Grand Caravan SXT $220 $352 $226 $14 $68 $905 $75
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Dodge Grand Caravan insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Caravan CV $142 $196 $226 $14 $68 $646 $54
Grand Caravan SE $142 $196 $226 $14 $68 $646 $54
Grand Caravan Hero $142 $238 $226 $14 $68 $688 $57
Grand Caravan Crew $160 $238 $226 $14 $68 $706 $59
Grand Caravan SXT $160 $238 $226 $14 $68 $706 $59
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Rate quotes do not factor in vehicle location which can modify coverage rates noticeably.

Using the premium rates above, we can conclude that using a $100 deductible costs about $15 more each month or $180 every year across all Dodge Grand Caravan models than buying the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you average more than 27 months between claims, you would save more money going with the higher deductible. Below is the way you can come to your own conclusion.

Average monthly premium for $100 deductibles: $72
Average monthly premium for $500 deductibles (subtract): - $57
Monthly savings from raising deductible: $15
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $15
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 27 months

The diagram below highlights how deductible selection and can raise or lower Dodge Grand Caravan insurance rates for different age groups of insureds. Data assumes a married female driver, full coverage, and no discounts are factored in.

Full coverage rates compared to liability-only

The illustration below compares Dodge Grand Caravan auto insurance costs with full physical damage coverage compared to only buying liability only. The price estimates are based on no claims or driving violations, $1,000 deductibles, marital status is single, and no other discounts are factored in.

Guidelines for dropping full coverage

There is no clear-cut formula that is best for determining when to drop physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than 10% of the replacement cost minus the deductible, then you might consider buying liability only.

For example, let's assume your Dodge Grand Caravan settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would receive is $8,000 after paying your deductible. If premiums are more than $800 annually to have full coverage, then it may be the right time to buy liability only.

There are some cases where eliminating full coverage is not recommended. If you haven't satisfied your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not eliminate full coverage.

Save a ton on Dodge Grand Caravan insurance in Cleveland with these insurance discounts

Insurance can be prohibitively expensive, but discounts can save money and there are some available that you may not even be aware of. A few discounts will automatically apply when you purchase, but a few must be specifically requested prior to receiving the credit.Save money with discounts

  • Student Discount for Driver Training - Require your teen driver to successfully take a driver's education course as it can save substantially.
  • No Charge for an Accident - This one isn't a discount, but companies like GEICO and Allstate will forgive one accident before they charge you more for coverage as long as you don't have any claims before the accident.
  • Responsible Driver Discounts - Insureds without accidents can pay as much as 50% less compared to rates paid by drivers with frequent claims.
  • Paperwork-free - Certain insurance companies will discount your bill up to fifty bucks for completing your application over the internet.
  • Good Students Pay Less - Getting good grades could provide a savings of up to 20% or more. Most companies allow this discount well after school through age 25.

Don't be surprised that most of the big mark downs will not be given to the entire cost. Most only cut the price of certain insurance coverages like medical payments or collision. If you do the math and it seems like adding up those discounts means a free policy, companies don't profit that way.

The diagram below shows the comparison of Dodge Grand Caravan yearly insurance costs with and without discounts applied to the policy rates. The rates are based on a female driver, no accidents or driving violations, Ohio state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, claim-free, homeowner, marriage, and safe-driver discounts applied.

Insurance companies that may have these discounts are:

It's a good idea to ask each insurance company the best way to save money. Some of the discounts discussed earlier may not apply to policies in Cleveland. To locate insurance companies that offer many of these discounts in Cleveland, click here to view.

You may need help from a local insurance agent

Some consumers still like to talk to an insurance agent and that is not a bad decision Good agents can make sure you are properly covered and will help you if you have claims. One of the benefits of comparing car insurance online is that you can find the best rates and still have a local agent.

To find an agent, once you fill out this simple form, your information is transmitted to participating agents in Cleveland who will give competitive quotes for your business. It makes it easy because there is no need to search for any insurance agencies because quoted prices will be sent directly to your email. If you have a need to compare prices from one company in particular, you would need to search and find their rate quote page and fill out their quote form.

Selecting an company should include more criteria than just the premium amount. The questions below may impact your decision as well.

  • If your car is in the repair shop, do you have coverage for a rental car?
  • Does the company have a local claim office in Cleveland?
  • How long has the business existed?
  • Is there any savings for paying the full premium?
  • How much will you save each year by using a higher deductible?
  • Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?

Below is a list of auto insurance companies in Cleveland that can give you price quote information for Dodge Grand Caravan insurance in Cleveland.

View more Cleveland agents

How to find a good Ohio auto insurance company

Selecting the top auto insurance provider can be challenging considering how many companies provide coverage in Cleveland. The rank data in the next section can help you choose which coverage providers you want to consider comparing price quotes from.

Top 10 Cleveland Car Insurance Companies Ranked by Value

  1. USAA
  2. GEICO
  3. AAA Insurance
  4. Erie Insurance
  5. State Farm
  6. Liberty Mutual
  7. Safeco Insurance
  8. Allstate
  9. 21st Century
  10. Travelers

Top 10 Cleveland Car Insurance Companies Overall

  1. USAA
  2. 21st Century
  3. GEICO
  4. Nationwide
  5. AAA Insurance
  6. Liberty Mutual
  7. Safeco Insurance
  8. State Farm
  9. Travelers
  10. American Family

One last note

In this article, we presented many tips how you can save on Dodge Grand Caravan insurance in Cleveland. The key concept to understand is the more price quotes you have, the better likelihood of getting low cost Cleveland car insurance quotes. You may even discover the lowest prices come from an unexpected company.

Consumers who switch companies do it for many reasons like delays in paying claims, questionable increases in premium, denial of a claim and unfair underwriting practices. It doesn't matter why you want to switch choosing a new insurance company can be easy and end up saving you some money.

As you shop your coverage around, it's a bad idea to reduce needed coverages to save money. In many instances, an accident victim reduced full coverage and discovered at claim time they didn't purchase enough coverage. The ultimate goal is to buy enough coverage at the best cost while still protecting your assets.

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