Save Money on Dodge Grand Caravan Insurance in Los Angeles

Are you irritated from trying to scrape together enough money to insure your Dodge every month? You are in the same boat as millions of other vehicle owners.

It’s a fact that insurance companies don’t want you comparing rates. Drivers who shop around at least once a year are inclined to buy a new policy because there is a high probability of finding a lower-priced company. A recent auto insurance study revealed that drivers who regularly compared rates saved on average $860 a year as compared to drivers who didn’t regularly shop around.

If finding the lowest price on auto insurance is your objective, then having an understanding of how to choose a company and compare auto insurance can make the process less intimidating.

With so many options when it comes to auto insurance, it’s difficult to find the best insurer.

You need to check auto insurance prices quite often since prices tend to go up over time. Even if you got the lowest rate on Dodge Grand Caravan insurance in Los Angeles two years ago other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because you’re about to learn the right way to find better rates and still maintain coverage.

When price shopping your coverage, comparing more rates from different companies increases your odds of finding a better price.

The following companies have been selected to offer comparison quotes in Los Angeles, CA. If several companies are displayed, it’s highly recommended you visit as many as you can to get a more complete price comparison.

Choosing Dodge vehicle insurance is an important decision

Despite the potentially high cost of Dodge Grand Caravan insurance, insuring your vehicle is required in California but also provides important benefits.

First, just about all states have minimum liability requirements which means you are required to carry specific minimum amounts of liability protection in order to drive the car. 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 vehicle has a loan, almost every bank will make it a condition of the loan that you have comprehensive coverage to guarantee payment of the loan. If coverage lapses or is canceled, the lender may insure your Dodge for a lot more money and require you to reimburse them for the expensive policy.

Third, insurance protects not only your Dodge but also your assets. Insurance will pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay attorney fees if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.

The benefits of carrying enough insurance definitely exceed the price paid, especially if you ever need it. As of last year, the average driver in California is overpaying more than $700 annually so it’s recommended you shop around once a year at a minimum to ensure rates are inline.

Car insurance data for a Dodge Grand Caravan

The premium table displayed below showcases estimates of insurance rates for Dodge Grand Caravan models. Having insight into how insurance policy rates are formulated can help you make smart choices when purchasing an auto insurance policy.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Rates do not factor in specific location information which can increase or decrease price quotes considerably.

An analysis of deductible level

The hardest decision when buying coverage is which deductible level should you buy. The rates shown below approximate the difference in cost when you choose different physical damage coverage deductibles. The first rate comparisons uses a $250 physical damage deductible and the second set of prices uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Premium costs do not factor in vehicle location which can alter premiums noticeably.

Based on this data, using a $250 deductible would cost the average driver about $31 more each month or $372 for a full year across all Dodge Grand Caravan models than selecting the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average more than 24 months between claims, you would more than likely save some money if you choose the higher deductible.

One thing to note is that raising deductibles results in a higher out-of-pocket expense when you have a physical damage claim. That will necessitate some money saved in the event you need to pay more for the deductible.

Insurance rate increases from tickets or accidents

The example below highlights how speeding tickets and accident claims influence Dodge Grand Caravan yearly insurance costs for each different age group. The rates are based on a married male driver, full physical damage coverage, $100 deductibles, and no discounts are factored in.

Cost of full coverage

The chart below illustrates the difference between Dodge Grand Caravan car insurance costs with and without physical damage coverage. The prices are based on no violations or claims, $1,000 deductibles, marital status is single, and no other discounts are factored in.

Guidelines for dropping full coverage

There is no set rule that works best for making the decision to drop full coverage, but there is a general guideline. If the annual cost of your full coverage insurance is more than about 10% of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

For example, let’s pretend your Dodge Grand Caravan claim settlement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would get paid by your company is $7,000 after the policy deductible has been paid. If it’s costing in excess of $700 a year to have full coverage, then you may need to consider dropping full coverage.

There are some cases where removing full coverage is not financially feasible. If you haven’t paid off your loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.

Verify you’re getting every discount

Some insurers don’t always advertise every discount available in a way that’s easy to find, so the list below details both well-publicized in addition to some of the lesser obvious credits available to you.

• Own a Home – Owning a house in Los Angeles can get you a discount because of the fact that having a home shows financial diligence.
• Defensive Driver Discount – Taking time to complete a defensive driving class can save you 5% or more and make you a better driver.
• Discounts for Cautious Drivers – Drivers who don’t get into accidents can pay as much as 50% less compared to accident prone drivers.
• Sign Online – Some larger companies give back up to $50 just for signing your application on the web.
• Braking Control Discount – Cars and trucks with ABS and/or traction control prevent accidents and will save you 10% or more on Grand Caravan insurance in Los Angeles.
• Seat Belt Discounts – Requiring all passengers to buckle their seat belts could cut 10% or more off PIP or medical payments premium.
• New Vehicle Savings – Insuring a vehicle that is new is cheaper because newer models are generally safer.
• Air Bags and Passive Restraints – Cars that have air bags or automatic seat belts could see savings of up to 25% or more.
• Professional Organizations – Belonging to a qualifying organization is a simple method to lower premiums when shopping for insurance.

Don’t be surprised that some credits don’t apply to all coverage premiums. Most only reduce individual premiums such as comprehensive or collision. So despite the fact that it appears all those discounts means the company will pay you, you won’t be that lucky.

The chart below visualizes the comparison of Dodge Grand Caravan auto insurance costs with and without discounts applied to the policy premium. The premium estimates are based on a female driver, a clean driving record, no claims, California state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, safe-driver, multi-policy, claim-free, and multi-car discounts applied.

A few popular companies and a selection of discounts are:

• State Farm includes discounts for accident-free, driver’s education, good driver, passive restraint, and multiple policy.
• GEICO may include discounts for seat belt use, defensive driver, air bags, federal employee, and driver training.
• Allstate has savings for auto/life discount, good payer, defensive driver, passive restraint, EZ pay plan discount, and safe driver.
• SAFECO discounts include safe driver, multi-car, teen safety rewards, anti-lock brakes, bundle discounts, drive less, and anti-theft.
• Farm Bureau has discounts for multi-vehicle, safe driver, driver training, 55 and retired, renewal discount, youthful driver, and multi-policy.
• Progressive policyholders can earn discounts including homeowner, continuous coverage, multi-policy, multi-vehicle, good student, and online signing.
• AAA offers discounts for multi-car, multi-policy, good driver, education and occupation, good student, and AAA membership discount.

If you need lower rates, check with all the companies how many discounts you can get. Discounts may not be available in your state. To find companies who offer cheap Dodge Grand Caravan insurance quotes in California, click this link.

What if I want to buy from local Los Angeles auto insurance agents?

Some people just prefer to talk to a local agent and that is just fine! A good thing about comparing rate quotes online is the fact that drivers can get cheap auto insurance rates and still buy from a local agent. And supporting local agents is still important in Los Angeles.

By using this quick form, your insurance coverage information is emailed to local insurance agents in Los Angeles who can give free rate quotes and help you find cheaper coverage. You won’t need to contact an agency because quoted prices will be sent straight to your inbox. You’ll get the best rates AND an agent nearby. If you need to compare prices from a specific auto insurance provider, feel free to go to their quote page and fill out the quote form the provide.

How to choose the best car insurance agent in Los Angeles

When researching a local insurance agency, you need to know there are two types of insurance agents that differ in how they can insure your vehicles. Los Angeles agents are classified as either exclusive or independent (non-exclusive).

Independent Auto Insurance Agencies

These type of agents do not work for one specific company so as a result can place your coverage with an assortment of companies and get the cheapest rates. If prices rise, they simply move your policy to a different company and you stay with the same agent. When shopping rates, you absolutely need to get insurance quotes from at a minimum one independent agency so that you can do a thorough price comparison.

The following is a partial list of independent insurance agencies in Los Angeles that may be able to give pricing information.

View more agents

Exclusive Agents

Agents in the exclusive channel can only provide one company’s prices such as American Family, State Farm, and AAA. Exclusive agents cannot compare rates from other companies so they are skilled at selling on more than just price. Exclusive agents are highly trained on their company’s products which helps overcome the inability to quote other rates.

Listed below are Los Angeles exclusive agencies who can help you get comparison quotes.

View more agents

Finding a good auto insurance agent needs to be determined by more than just a cheap price quote. Get answers to these questions too.

• Does the agency have a positive business rating?
• Are they in the agency full-time?
• Will the agent or a CSR service your policy?
• Does the company have a local claim office in Los Angeles?
• Is vehicle damage repaired with OEM or aftermarket parts?
• Are you getting all the discounts the company offers?
• Are they able to influence company decisions when a claim is filed?
• Can you choose the body shop in case repairs are needed?

Cheap car insurance premiums are possible

In this article, we presented a lot of tips how to save on Dodge Grand Caravan insurance in Los Angeles. The key concept to understand is the more you quote Los Angeles auto insurance, the better your comparison will be. You may even discover the biggest savings come from a lesser-known regional company. Some small companies may only write in your state and offer lower auto insurance rates than the large multi-state companies such as Progressive or GEICO.

When buying insurance coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many cases where an insured cut comprehensive coverage or liability limits only to regret at claim time that the savings was not a smart move. Your focus should be to purchase plenty of coverage at the best cost, but do not skimp to save money.

For more information, feel free to visit the articles below:

• Protect Yourself Against Auto Theft (Insurance Information Institute)
• What Auto Insurance is Cheapest for Drivers with a Bad Driving Record in Los Angeles? (FAQ)
• Who Has Affordable Los Angeles Car Insurance for a School Permit? (FAQ)
• Who Has the Cheapest Los Angeles Car Insurance Rates for a Jeep Wrangler? (FAQ)
• Who Has Affordable Los Angeles Car Insurance Quotes for Active Military? (FAQ)
• Vehicle Insurance in the U.S. (Wikipedia)
• Rental Car Insurance Tips (Insurance Information Institute)
• Parking Tips to Reduce Door Dings (State Farm)
• Understanding Your Insurance Deductible (Insurance Information Institute)