Want to learn how to find the cheapest Dodge Grand Caravan insurance in Fort Wayne? Pricey car insurance in Fort Wayne can stress out your family's budget and force you to prioritize other expenses. Comparing cost estimates is an excellent way to make sure you're not throwing money away.
It's hard to fathom, but the majority of drivers kept buying from the same company for four years or more, and 38% of customers have never taken the time to shop around. Many consumers in Indiana can cut their rates by nearly $697 a year by just shopping around, but they just don't understand the actual amount they would save if they switched to a cheaper policy. With drivers having so many options for buying cheap insurance for a Dodge Grand Caravan in Fort Wayne, it's nearly impossible to locate the most cost effective car insurance company.
It's a great practice to check car insurance prices yearly because car insurance prices go up and down regularly. Despite the fact that you may have had the best deal on Dodge Grand Caravan insurance in Fort Wayne six months ago there is a good chance you can find better rate quotes now. There is too much inaccurate information about Grand Caravan insurance online, but in just a couple of minutes you can learn some tested techniques to save money.
Finding quotes for the lowest cost auto insurance policy in Fort Wayne is quite easy. If you're already insured or want to find a cheaper company, use these money-saving tips to buy cheaper auto insurance without reducing protection. Drivers only need an understanding of the proper way to compare prices online.
Decisions You Make Can Impact Your Insurance Prices
Many things are considered when you get a price on insurance. Most are fairly basic such as traffic violations, but some are less obvious such as your marital status or how financially stable you are.
The factors shown below are some of the things used by companies to determine rates.
Lower rates for married couples - Having a spouse can get you a discount when buying auto insurance. It usually means you are more mature than a single person and it's statistically proven that married drivers tend to have fewer serious accidents.
Men pay more for car insurance - Statistics demonstrate that women are safer drivers than men. That doesn't necessarily mean that females are better at driving than males. Females and males are responsible for accidents at a similar rate, but the male of the species tend to have more serious accidents. Not only that, but men also receive more costly citations such as reckless driving.
Never have coverage lapses - Driving with no insurance is a big no-no and auto insurance companies will penalize you for letting your insurance lapse. Not only will you pay higher rates, being ticketed for driving with no insurance could earn you a steep fine or even jail time. You may then be required to prove you have insurance by filing a SR-22 with the Indiana motor vehicle department to get your license reinstated.
Be proud to be claim-free - If you file a lot of claims you can look forward to higher rates. Auto insurance companies in Indiana provide the lowest premiums to people who file claims infrequently. Your car insurance is intended to be relied upon for claims that you cannot pay yourself.
Dodge Grand Caravan claim statistics - Insurance companies use past insurance losses when determining insurance costs. Models that have higher number or severity of losses will cost more for coverage. The next table shows the collected loss data for Dodge Grand Caravan vehicles.
For each type of coverage, the claim amount for all vehicles, regardless of manufacturer or model, is a value of 100. Numbers that are below 100 represent a good loss history, while numbers shown that are more than 100 point to more frequent losses or an increased probability of a larger loss.
Dodge Grand Caravan Insurance Claim Statistics
|Specific Dodge Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Dodge Grand Caravan||79||104||81||108||108||107|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
How to buy Fort Wayne Dodge Grand Caravan insurance online
The auto insurance companies shown below offer free rate quotes in Fort Wayne, IN. If multiple companies are listed, we recommend you click on several of them to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Grand Caravan CV||$186||$310||$318||$18||$94||$926||$77|
|Grand Caravan SE||$152||$238||$294||$18||$88||$790||$66|
|Grand Caravan Hero||$202||$294||$368||$22||$110||$996||$83|
|Grand Caravan Crew||$190||$310||$270||$16||$80||$866||$72|
|Grand Caravan SXT||$116||$190||$264||$16||$80||$666||$56|
|Get Your Own Custom Quote Go|
Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Rates do not factor in the specific area where the vehicle is garaged which can alter coverage rates noticeably.
Difference between liability only and full coverage rates
The chart below illustrates the difference between Dodge Grand Caravan car insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The prices are based on no claims, a clean driving record, $500 deductibles, married male driver, and no discounts are factored in.
When to stop buying physical damage coverage
There is no written rule for dropping physical damage coverage on your policy, but there is a general guideline. If the yearly cost of comp and collision coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.
For example, let's assume your Dodge Grand Caravan book value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company would pay you is $5,000 after the policy deductible has been paid. If you are currently paying more than $500 a year for full coverage, then it might be time to buy liability only.
There are a few situations where removing full coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not buy liability only.
Annual premiums for males compared to females
The example below shows the difference between Dodge Grand Caravan insurance costs for male and female drivers. The rate quotes are based on no violations or accidents, full coverage, $500 deductibles, drivers are single, and no discounts are factored in.
Rate comparison for different deductibles
The illustration below demonstrates how choosing different deductibles and can influence Dodge Grand Caravan insurance costs for different age groups. The data assumes a single female driver, full coverage, and no discounts are applied to the premium.
Why insurance is not optional
Despite the fact that insurance is not cheap in Fort Wayne, insuring your vehicle is a good idea for several reasons.
First, the majority of states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability insurance in order to be legal. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your Dodge Grand Caravan, most banks will force you to buy full coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the lender will be forced to insure your Dodge at a significantly higher premium and force you to pay for the much more expensive policy.
Third, insurance protects both your car and your assets. Insurance will pay for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability coverage also covers all legal expenses up to the policy limit if you are sued as the result of an accident. 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 buying insurance definitely exceed the cost, particularly if you ever have a claim. Today the average American driver is currently overpaying as much as $700 annually so you should quote rates at least once a year to be sure current rates are still competitive.
These discounts can lower your auto insurance rates
Auto insurance can be pricey, but there may be some discounts to cut the cost considerably. Most are applied when you complete an application, but a few need to be requested specifically prior to receiving the credit.
- Good Drivers - Drivers without accidents may receive a discount up to 45% compared to rates paid by drivers with frequent claims.
- Include Life Insurance and Save - Not every insurance company offers life insurance, but if they do you may earn a discounted auto insurance rate on car insurance if you buy life insurance from them.
- Active Military Service - Being deployed with a military unit could mean lower rates.
- Save with a New Car - Buying auto insurance coverage on a new vehicle can get you a discount because newer vehicles are generally safer.
- Use Seat Belts - Forcing all vehicle occupants to buckle up before driving can save a little off the PIP or medical payment premium.
- Sign Early and Save - Some larger companies provide a discount for switching policies before your current expiration date. It's a savings of about 10%.
- Drivers Education - Reduce the cost of insurance for teen drivers by having them enroll in driver's education in school.
A little note about advertised discounts, some credits don't apply to the entire cost. Some only reduce the cost of specific coverages 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 best auto insurance companies and a selection of discounts can be found below.
- State Farm may have discounts that include safe vehicle, student away at school, good driver, defensive driving training, and multiple autos.
- American Family policyholders can earn discounts including defensive driver, TimeAway discount, Steer into Savings, good student, multi-vehicle, mySafetyValet, and bundled insurance.
- GEICO offers discounts including defensive driver, membership and employees, air bags, seat belt use, daytime running lights, military active duty, and federal employee.
- 21st Century may offer discounts for teen driver, automatic seat belts, defensive driver, good student, and early bird.
- Progressive may include discounts for homeowner, online signing, online quote discount, continuous coverage, multi-vehicle, and good student.
When comparing rates, check with each company or agent which credits you are entitled to. All car insurance discounts might not apply in Fort Wayne. To see a list of insurance companies that offer the discounts shown above in Fort Wayne, follow this link.
Compare rate quotes but buy from a local Fort Wayne insurance agent
Many drivers prefer to sit down with an agent and that is a personal choice. Most agents are very good at helping people manage risk and help file insurance claims. A nice benefit of getting free rate quotes online is you may find the best rates and still buy from a local agent. And supporting local insurance agencies is important particularly in Fort Wayne.
For easy comparison, once you complete this simple form, your information is instantly submitted to insurance agents in Fort Wayne who will return price quotes for your coverage. You never need to leave your house since rate quotes are delivered to you. If for some reason you want to compare prices from a particular provider, don't hesitate to search and find their rate quote page and give them your coverage information.
Picking the best company should depend on more than just a cheap quote. Here are some questions to ask:
- How much can you save by raising your physical damage deductibles?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Do they have a Better Business Bureau rating in Fort Wayne?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Which family members are covered?
- What company holds the largest book of business for them?
- Are there any discounts for paying up front?
- How are they compensated?
Don't give up on affordable coverage
You just read many ways to find lower-cost Dodge Grand Caravan insurance in Fort Wayne. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Drivers may even discover the biggest savings come from an unexpected company. Smaller companies often have lower prices on specific markets than the large multi-state companies such as Allstate and Progressive.
Lower-priced insurance in Fort Wayne is possible online and also from your neighborhood Fort Wayne agents, and you need to price shop both to get a complete price analysis. There are still a few companies who do not offer internet price quotes and most of the time these regional insurance providers only sell coverage through independent insurance agents.
Even more information can be read by following these links:
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- How Much is Auto Insurance for Ride Shares in Indiana? (FAQ)
- Who Has Cheap Indiana Auto Insurance for a Honda Pilot? (FAQ)
- Who Has Affordable Auto Insurance for Drivers with Accidents in Indiana? (FAQ)
- What Car Insurance is Cheapest for Drivers with a DUI in Indiana? (FAQ)
- How Much are Auto Insurance Quotes for Good Students in Indiana? (FAQ)
- Who Has Cheap Indiana Car Insurance Rates for Drivers Requiring a SR22? (FAQ)
- What is the Best Cheap Car Insurance in New Albany, Indiana? (FAQ)
- Parking Tips to Reduce Door Dings (State Farm)
- Booster Seat Ratings (iihs.org)