Discount Dodge Grand Caravan insuranceWould you like to save money by finding the cheapest Dodge Grand Caravan insurance in Baltimore? Scraping up a payment for overpriced Dodge Grand Caravan insurance in Baltimore can bottom out your personal savings and possibly require postponing other expenditures.

Remarkably, a study showed that most car insurance policyholders have purchased from the same company for a minimum of four years, and practically 40% of car insurance customers have never taken the time to shop around. Most drivers in Maryland could save an average of roughly $750 each year by just comparing quotes, but they don't invest the time required to compare rates. Numerous car insurance companies battle for your business, so it can be very hard to choose a insurer and get the definite best price available on Dodge Grand Caravan insurance in Baltimore.

It's a good habit to compare prices periodically because car insurance prices are constantly changing. If you had the best price on Dodge Grand Caravan insurance in Baltimore on your last policy other companies may now be cheaper. Forget all the misinformation about car insurance because you're about to learn the quickest way to find better rates and still maintain coverage.

The providers in the list below offer price quotes in Maryland. If more than one company is shown, we suggest you get prices from several of them in order to find the cheapest rates.

Dodge Grand Caravan Insurance Price Estimates in Baltimore, MD
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Caravan CV $196 $290 $382 $22 $114 $1,004 $84
Grand Caravan SE $300 $508 $458 $28 $138 $1,432 $119
Grand Caravan Hero $300 $618 $458 $28 $138 $1,542 $129
Grand Caravan Crew $222 $354 $382 $22 $114 $1,094 $91
Grand Caravan SXT $386 $726 $492 $30 $148 $1,782 $149
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Table data represents single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Premium amounts do not factor in vehicle location which can alter coverage rates greatly.

Choosing deductibles

The hardest decision when buying coverage is how high should the physical damage coverage deductibles be. The figures shown below can help you understand the differences in premium rates when you buy lower versus higher physical damage deductibles. The first data set uses a $100 deductible and the second price grid uses a $500 deductible.

Dodge Grand Caravan insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Caravan CV $350 $518 $406 $24 $122 $1,445 $120
Grand Caravan SE $350 $518 $406 $24 $122 $1,445 $120
Grand Caravan Hero $350 $632 $406 $24 $122 $1,559 $130
Grand Caravan Crew $394 $632 $406 $24 $122 $1,603 $134
Grand Caravan SXT $394 $632 $406 $24 $122 $1,603 $134
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Dodge Grand Caravan insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Caravan CV $256 $350 $406 $24 $122 $1,158 $97
Grand Caravan SE $256 $350 $406 $24 $122 $1,158 $97
Grand Caravan Hero $256 $426 $406 $24 $122 $1,234 $103
Grand Caravan Crew $288 $426 $406 $24 $122 $1,266 $106
Grand Caravan SXT $288 $426 $406 $24 $122 $1,266 $106
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Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Premium amounts do not factor in garaging location in Baltimore which can revise auto insurance rates substantially.

Based on the figures above, using a $100 deductible will cost you roughly $26 more each month or $312 every year than choosing the higher $500 deductible. Since you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 15 months between claims, you would most likely save money if you opt for a higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $100 deductibles: $128
Average monthly premium for $500 deductibles (subtract): - $102
Monthly savings from raising deductible: $26
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

One thing to be aware of is that a higher deductible means you will have to pay more of your own money when you do file a claim. You should have enough money put aside in the event you have to pay the deductible for vehicle repair.

Should you buy full coverage?

The illustration below shows the comparison of Dodge Grand Caravan insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Maryland. The data is based on no tickets, no at-fault accidents, $100 deductibles, single female driver, and no additional discounts are factored in.

When to stop buying physical damage coverage

There is no set guideline to drop physical damage coverage, but there is a general school of thought. If the annual cost of having full coverage is more than 10% of the vehicle's replacement cost less your deductible, then it's probably a good time to buy liability coverage only.

For example, let's assume your Dodge Grand Caravan replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most you would receive is $2,000 after paying your deductible. If premiums are more than $200 a year to have full coverage, then it might be time to consider dropping full coverage.

There are some circumstances where buying only liability insurance is not recommended. If you have an outstanding loan on your vehicle, you have to maintain full coverage to protect the lienholder's interest in the vehicle. Also, if your savings is not enough to buy a different vehicle if your current one is totaled, you should not consider dropping full coverage.

Car insurance discounts help lower rates for Dodge Grand Caravan insurance in Baltimore

Some providers don't always list every discount they offer in a way that's easy to find, so we break down both the well known and also the more inconspicuous credits available to bring down your rates.Car insurance discounts

Consumers should know that many deductions do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as comp or med pay. Even though it may seem like all those discounts means the company will pay you, insurance companies wouldn't stay in business.

Auto insurance companies who might offer many of the previously listed discounts include:

Before buying, ask each insurance company what discounts are available to you. Depending on the company, some discounts might not be available to policyholders in every state. If you would like to view insurance companies who offer free Dodge Grand Caravan insurance quotes in Maryland, click this link.

Exclusive and independent auto insurance agents

Some consumers just want to talk to an insurance agent and that can be a great decision Most agents are highly skilled in risk management and help submit paperwork. One of the great benefits of comparing insurance online is that you can find lower prices and also buy local.

Find insurance agent in BaltimoreAfter filling out this quick form, your coverage information is emailed to local insurance agents in Baltimore that provide free Baltimore auto insurance quotes and help you find cheaper coverage. You don't have to contact any insurance agencies because quoted prices will be sent to you instantly. If you wish to get a rate quote from one company in particular, you just need to go to their quote page and complete a quote there.

Finding a good insurer should include more criteria than just the bottom line cost. Here are some questions you might want to ask.

The difference between Baltimore car insurance agents

When searching for a reliable agent, it's helpful to know the different types of agents and how they differ in how they quote coverages. Insurance agencies are considered either independent agents or exclusive agents depending on their employer. Either one can insure your vehicles properly, but it's worth learning how they are different since it may influence which type of agent you select.

Exclusive Insurance Agents

Agents in the exclusive channel work for only one company and examples are Farmers Insurance, State Farm, Allstate, and AAA. They usually cannot compare other company's rates so they have to upsell other benefits. These agents receive a lot of sales training on their products and sales techniques and that can be a competitive advantage.

The following are exclusive agents in Baltimore that are able to give price quotes.

Mindy Andreychek - State Farm Insurance Agent
8502 Harford Rd Ste B - Baltimore, MD 21234 - (410) 668-7600 - View Map

7200 Eastern Ave a - Baltimore, MD 21224 - (410) 282-7863 - View Map

733 W 40th St #311 - Baltimore, MD 21211 - (410) 467-9600 - View Map

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Independent Insurance Agencies

Agents of this type are not restricted to one company and that enables them to quote your coverage through many companies and help determine which has the cheapest rates. If your premiums go up, the agent simply finds a different carrier and the insured can keep the same agent. If you are comparing rate quotes, you will want to get some free quotes from at a minimum one independent agency for maximum quote selection.

Below is a list of independent agencies in Baltimore that can give you rate quotes.

11 E Lexington St - Baltimore, MD 21202 - (443) 869-6424 - View Map

6800 Holabird Ave a - Baltimore, MD 21222 - (410) 282-1379 - View Map

1400 S Charles St - Baltimore, MD 21230 - (410) 779-9272 - View Map

View more Baltimore agents

You are unique and your car insurance should be too

When buying coverage online or from an agent for your vehicles, there is no best way to insure your cars. Everyone's situation is a little different and your car insurance should unique, too.Car insurance savings For example, these questions can help discover whether you may require specific advice.

If you can't answer these questions but one or more may apply to you, you may need to chat with an agent. If you don't have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area. It is quick, free and can provide invaluable advice.

Slick advertising tricks that work

Consumers can't get away from all the ads that claim the lowest car insurance rates by State Farm, GEICO and Progressive. They all seem to make the same claim about savings if you switch your insurance coverage to their company.

That's great but how can every company charge you a lower premium? This is the trick they use.

Companies have specific criteria for the driver that will most likely be profitable. One example of this type of driver may need to be between the ages of 30 and 45, has never had a policy lapse, and has great credit. Any driver who fits that profile will get a cheap rate quote in Baltimore and most likely will cut their Dodge Grand Caravan insurance rates if they switch.

Potential customers who do not meet the requirements will probably have to pay higher premium rates which translates to the customer not buying. If you listen closely, the ads state "customers who switch" not "everyone who quotes" will save that much if they switch. That's the way companies can truthfully make claims that they all have the best prices. Because every company is different, you need to compare quotes as often as possible. Because without a comparison, you cannot know which company will give you lower premium rates than your current company.

Detailed coverages of your auto insurance policy

Learning about specific coverages of your auto insurance policy aids in choosing the right coverages for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy. These are typical coverages found on most auto insurance policies.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for bills for funeral costs, chiropractic care and hospital visits. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay

Comprehensive insurance

This covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like damage from getting keyed, rock chips in glass, theft, hail damage and falling objects. The most you'll receive from a claim is the cash value of the vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

Liability insurance

Liability insurance can cover damages or injuries you inflict on a person or their property in an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 30/60/15 that translate to $30,000 in coverage for each person's injuries, a limit of $60,000 in injury protection per accident, and a limit of $15,000 paid for damaged property.

Liability coverage protects against claims such as medical expenses, loss of income, pain and suffering and repair costs for stationary objects. How much liability should you purchase? That is your choice, but buy as much as you can afford. Maryland state minimum liability requirements are 30/60/15 but you should consider buying more liability than the minimum.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when the "other guys" either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Dodge Grand Caravan.

Due to the fact that many Maryland drivers carry very low liability coverage limits (30/60/15 in Maryland), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Auto collision coverage

Collision coverage pays for damage to your Grand Caravan resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims such as hitting a mailbox, scraping a guard rail, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Drivers also have the option to raise the deductible on your Grand Caravan in order to get cheaper collision rates.

Persistence will pay off

We just presented many ways to shop for Dodge Grand Caravan insurance online. The key thing to remember is the more you quote Baltimore auto insurance, the better your chances of lowering your rates. Consumers may even find the biggest savings come from the smaller companies. Some small companies often have lower rates on specific markets compared to the large companies like State Farm, GEICO and Nationwide.

Affordable Dodge Grand Caravan insurance in Baltimore can be bought on the web and also from your neighborhood Baltimore agents, so you should compare both to have the best chance of lowering rates. Some insurance providers don't offer rate quotes online and usually these small insurance companies provide coverage only through independent agencies.

More detailed auto insurance information can be read in these articles: