Save on Dodge Grand Caravan Insurance in Baltimore

Dodge Grand Caravan insurance rates image courtesy of QuoteInspector.com

If your goal is the lowest price, then the best way to find cheaper Dodge Grand Caravan insurance is to compare prices at least once a year from insurers who provide auto insurance in Baltimore. This can be done by completing these steps.

1. Read about how companies price auto insurance and the steps you can take to prevent expensive coverage. Many rating criteria that drive up the price like at-fault accidents and poor credit history can be rectified by making small lifestyle or driving habit changes.
2. Request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from one company like Progressive or State Farm, while independent agencies can quote prices for a wide range of companies.
3. Compare the new quotes to your existing rates and determine if there is any savings. If you find better rates and change companies, make sure there is no coverage gap between policies.
4. Provide notification to your current agent or company of your decision to cancel your current auto insurance policy. Submit the completed application along with a down payment for your new coverage. Make sure you keep your new proof of insurance paperwork in your vehicle's glove compartment or console.

A crucial key to this process is to use the same level of coverage on every quote request and to quote with as many companies as feasibly possible. Doing this enables a fair price comparison and the best price selection.

Amazingly, a recent NerdWallet.com study showed that a large majority of insurance policyholders in Maryland have bought insurance from the same company for at least the last four years, and practically 40% of insurance customers have never even shopped around for cheaper coverage. American drivers could save about 46.5% each year, but they don't want to spend time to compare rate quotes.

If you have insurance now or need a new policy, you can use this information to reduce the price you pay without sacrificing coverage. Quoting and comparing affordable car insurance coverage in Baltimore is easy if you know what you're doing. Drivers just need to learn the quickest way to quote multiple rates on the web.

The companies shown below are our best choices to provide quotes in Maryland. To locate cheap auto insurance in Baltimore, MD, it's highly recommended you visit two to three different companies to find the lowest car insurance rates.

Premium rates and analysis

The coverage table below outlines different insurance costs for Dodge Grand Caravan models. Knowing how car insurance premiums are established can assist in making smart choices when choosing a car insurance company.

Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Estimates do not factor in specific Baltimore garaging location which can raise or lower coverage rates greatly.

Analysis of deductible levels

One frequently asked question is how high or low should comp and collision deductibles be. The tables below can help you understand how much more you'll pay when you buy lower versus higher policy deductibles. The first rate table uses a $250 comprehensive and collision deductible and the second set of rates uses a $500 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Rate quotes do not factor in specific location information which can influence coverage rates greatly.

Based on this data, using a $250 deductible costs about $14 more each month or $168 for a full year averaged for all Grand Caravan models than requesting the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to have at least 18 months between claims, you would probably come out ahead by selecting a higher deductible.

An important thing to remember is that higher deductibles means you pay more out-of-pocket when you have a physical damage claim. That will require enough extra savings in the event you need to pay the higher deductible in order to repair your vehicle.

Impact of speeding/accidents on Baltimore insurance rates

The information below illustrates how speeding tickets and accidents influence Dodge Grand Caravan insurance costs for different age categories. The rates are based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no additional discounts are factored in.

Get cheaper Dodge Grand Caravan insurance rates in Baltimore

Auto insurance companies don't necessarily list all available discounts very well, so the below list has some of the more common and also the lesser-known savings tricks you should be using when you buy Baltimore auto insurance online.

• Theft Deterrent Discount - Vehicles equipped with tracking devices and advanced anti-theft systems are stolen with less frequency so companies will give you a small discount.
• Passive Restraints and Air Bags - Factory air bags and/or automatic seat belt systems can qualify for discounts of 25 to 30%.
• Full Payment Discount - If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
• E-sign Discounts - A few larger online companies will give you a small discount get Baltimore auto insurance online.
• Life Insurance - Larger insurance companies have a discount if you purchase a life insurance policy as well.

As is typical with insurance, some of the credits will not apply to the entire policy premium. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like you can get free auto insurance, companies wouldn't make money that way. But all discounts will bring down your policy premium.

The information below illustrates the difference between Dodge Grand Caravan auto insurance costs with and without discounts applied to the policy premium. The price estimates are based on a male driver, no violations or claims, Maryland state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-policy, safe-driver, multi-car, and marriage discounts applied.

Large insurance companies and the discounts they provide can be read below.

• Progressive policyholders can earn discounts including good student, continuous coverage, homeowner, online quote discount, multi-policy, and multi-vehicle.
• The Hartford offers discounts for air bag, bundle, defensive driver, driver training, good student, and anti-theft.
• Mercury Insurance includes discounts for low natural disaster claims, good student, age of vehicle, annual mileage, multi-policy, and multi-car.
• GEICO has discounts for seat belt use, daytime running lights, multi-vehicle, multi-policy, emergency military deployment, good student, and defensive driver.
• AAA offers premium reductions for multi-policy, good driver, pay-in-full, anti-theft, AAA membership discount, and education and occupation.
• State Farm may have discounts that include accident-free, driver's education, good driver, safe vehicle, multiple autos, and passive restraint.

It's a good idea to ask every company which credits you are entitled to. Some of the earlier mentioned discounts may not apply to policies everywhere.

Buying the right vehicle insurance in Maryland is an important decision

Even though it's not necessarily cheap to insure a Dodge in Baltimore, paying for insurance is most likely required but also gives you several important benefits.

• The majority of states have minimum liability requirements which means the state requires specific limits of liability coverage if you don't want to risk a ticket. In Maryland these limits are 30/60/15 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
• If your Grand Caravan has a loan, more than likely the lender will stipulate that you have full coverage to protect their interest in the vehicle. If the policy lapses, the bank may buy a policy for your Dodge at a much higher premium rate and force you to pay for the much more expensive policy.
• Insurance protects not only your car but also your financial assets. It will also provide coverage for medical expenses for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, will also pay to defend you if you are sued as the result of your driving. If you have damage to your Dodge as the result of the weather or an accident, your insurance policy will pay all costs to repair after the deductible has been paid.

The benefits of having insurance definitely exceed the cost, particularly for liability claims. As of last year, the average driver in Maryland is wasting up to $865 each year so we recommend shopping around at every renewal to save money.

Special considerations

When it comes to buying the right insurance coverage, there isn't really a cookie cutter policy. You are unique so this has to be addressed. Here are some questions about coverages that might point out if your insurance needs would benefit from an agent's advice.

• When should I remove my kid from my policy?
• How can I force my company to pay a claim?
• Can my teen drive my company car?
• What is medical payments coverage?
• If I drive on a suspended license am I covered?
• What is the ISO rating for a Dodge Grand Caravan?
• Am I covered if I break a side mirror?
• What companies insure drivers after a DUI or DWI?

If it's difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It's fast, free and may give you better protection.

When should I talk to an insurance agent?

Some people still like to talk to an insurance agent and that can be a smart move Good agents are very good at helping people manage risk and give you someone to call. One of the great benefits of comparing insurance online is that you can find the lowest rates and still have a local agent. Supporting local agencies is especially important in Baltimore.

To make it easy to find an agent, after completing this form (opens in new window), the quote information is sent to agents in your area who will give you bids to get your business. You won't need to search for an agent because quoted prices will be sent to your email. If for some reason you want to get a price quote from a specific insurance company, feel free to navigate to their website and fill out their quote form.

Finding a good insurance company should include more criteria than just a low price. Agents should be asked these questions:

• Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
• Can glass claims be handled at your home?
• Are they in the agency full-time?
• Is there any savings for paying the full premium?
• Did they already check your driving record and credit reports?
• Are there any discounts that you might be missing?
• Do they review policy coverages at every renewal?