It takes a few minutes, but the best way to get discount Dodge Grand Caravan insurance in Cincinnati is to regularly compare prices from different companies that sell auto insurance in Ohio. You can compare prices by following these guidelines.
First, learn about auto insurance and the measures you can control to keep rates down. Many policy risk factors that drive up the price like traffic violations and an unacceptable credit score can be remedied by making lifestyle changes or driving safer.
Second, quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from one company like Progressive or Allstate, while agents who are independent can provide prices from multiple insurance companies. Compare rates
Third, compare the new rate quotes to your existing rates to determine if switching companies saves money. If you can save some money and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, give notification to your current company of your decision to cancel your current auto insurance policy and submit a completed application and payment to your new insurance company. Be sure to keep your new certificate verifying proof of insurance in a readily accessible location in your vehicle.
An essential thing to point out is to make sure you’re comparing the same liability limits and deductibles on each quote and and to compare as many different insurance providers as possible. This ensures a fair rate comparison and a thorough selection of prices.
It’s hard to believe, but most auto insurance buyers have stayed with the same insurance company for at least four years, and 38% of drivers have never compared quotes from other companies. Consumers in Ohio can save hundreds of dollars each year just by comparing rates, but they just assume it takes a lot of time to go online and compare rates.
If you are already insured, you will most likely be able to save money using the concepts you’re about to learn. Locating the most cost-effective auto insurance policy in Cincinnati is quite easy. But Ohio drivers should learn how the larger insurance companies calculate your policy premium and use it to your advantage.
Dodge Grand Caravan insurance discounts in Cincinnati
Auto insurance companies don’t always advertise the entire discount list very clearly, so the below list has some of the best known and also the more inconspicuous car insurance savings.
- Seat Belt Discounts – Requiring all passengers to wear their seat belts could cut 10% or more off the PIP or medical payment premium.
- Discount for Good Grades – Getting good grades can earn a discount of 20% or more. This discount can apply up until you turn 25.
- ABS Brakes – Cars, trucks, and SUVs that have anti-lock braking systems have fewer accidents and therefore earn up to a 10% discount.
- Clubs and Organizations – Participating in qualifying clubs or civic groups could qualify you for a break on your policy.
- Early Switch Discount – A few larger companies give discounts for switching companies before your current expiration date. It’s a savings of about 10%.
- Accident-Free Discounts – Drivers who don’t have accidents can save substantially as compared to policyholders that have many claims.
- Accident Forgiveness – Not necessarily a discount, but a handful of insurance companies will turn a blind eye to one accident before they charge you more for coverage if you have no claims prior to the accident.
You can save money using discounts, but many deductions do not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. So even though you would think you would end up receiving a 100% discount, you’re out of luck.
The example below illustrates the difference between Dodge Grand Caravan car insurance costs with and without discounts being applied to the rates. Data assumes a male driver, no violations or claims, Ohio 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 multi-policy, multi-car, homeowner, safe-driver, claim-free, and marriage discounts applied.
A list of car insurance companies and their offered discounts can be found below.
- Farm Bureau discounts include multi-policy, driver training, multi-vehicle, 55 and retired, and good student.
- Liberty Mutual offers discounts for newly married, new vehicle discount, preferred payment discount, safety features, and teen driver discount.
- State Farm may offer discounts for passive restraint, multiple policy, Drive Safe & Save, safe vehicle, and multiple autos.
- Auto-Owners Insurance policyholders can earn discounts including anti-lock brakes, multi-policy, safe vehicle, safe driver, student away at school, and multiple vehicles.
- GEICO has savings for military active duty, membership and employees, driver training, anti-lock brakes, and emergency military deployment.
- SAFECO includes discounts for bundle discounts, teen safe driver, anti-lock brakes, drive less, homeowner, teen safety rewards, and accident prevention training.
If you need affordable Dodge Grand Caravan insurance quotes, ask every prospective company which discounts you qualify for. Some credits may not apply everywhere. To view providers that have a full spectrum of discounts in Ohio, click here.
The majority of larger companies such as 21st Century, Allstate and State Farm allow you to get prices from their websites. The process is fairly straightforward as you simply type in the coverage amounts you desire into the form. After you complete the form, the quote system obtains your driving record and credit report and provides a quote based on these and other factors. This makes it a lot easier to compare rates and it’s also necessary to do this if you want to find a better rate.
In order to use this form to compare rates, compare rates now from the companies shown below. If you have coverage now, it’s recommended you complete the form with the coverage information identical to your current policy. Using the same limits helps guarantee you’re receiving a price comparison for the exact same coverage.
The companies in the list below provide price comparisons in Cincinnati, OH. If multiple companies are listed, we suggest you click on several of them to get the cheapest price.
Detailed insurance information
The rate information shown next outlines estimates of insurance prices for Dodge Grand Caravan models. Being able to understand how policy premiums are established can help customers make smart choices when choosing a car insurance company.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Grand Caravan CV||$138||$192||$232||$14||$70||$646||$54|
|Grand Caravan SE||$138||$192||$232||$14||$70||$646||$54|
|Grand Caravan Hero||$138||$234||$232||$14||$70||$688||$57|
|Grand Caravan Crew||$156||$234||$232||$14||$70||$706||$59|
|Grand Caravan SXT||$156||$234||$232||$14||$70||$706||$59|
|Get Your Own Custom Quote Go|
Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Rate quotes do not factor in your specific Cincinnati location which can increase or decrease premiums noticeably.
Should you buy full coverage?
The diagram below shows the difference between Dodge Grand Caravan insurance premiums with liability coverage only compared to full coverage. The premiums are based on no violations or accidents, $1,000 deductibles, drivers are not married, and no discounts are applied.
When to stop buying physical damage coverage
There is no set guideline to delete physical damage insurance, but there is a broad guideline. If the yearly cost of full coverage is more than about 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.
For example, let’s say your Dodge Grand Caravan claim settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $6,000 after the deductible is paid. If you are paying over $600 annually for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.
There are some cases where dropping full coverage is not a good plan. If you haven’t paid off your loan, you are required to maintain full coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not opt for liability only.
You Can Change Your Insurance Prices
Lots of things are part of the calculation when you get a price on insurance. A few of the factors are predictable such as your driving record, but other criteria are less apparent like your vehicle usage or your financial responsibility. One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that play a part in calculating the rates you pay for car insurance. When consumers understand what influences your rates, this allows you to make good choices that can earn you lower car insurance prices.
The items below are some of the major factors car insurance companies consider when setting your premiums.
Stress out and pay more – Jobs like real estate brokers, architects, and dentists have the highest average rates in part from stressful work requirements and incredibly demanding work hours. Other professions such as professors, engineers and homemakers pay the least.
Always keep your car insurance policy in place – Allowing your car insurance policy to lapse can be a fast way to increase your rates. And not only will insurance be more expensive, not being able to provide proof of insurance could earn you a steep fine or even jail time. You could then be forced to file a SR-22 with the Ohio DMV.
Do you really need the add-on coverages? – Insurance companies have many additional extra coverages that you can get tricked into buying if you aren’t careful. Add-on coverages like coverage for rental cars, accident forgiveness, and motor club memberships may be costing you every month. They may seem good when discussing your needs, but if you’ve never needed them in the past eliminate them to save money.
Is your car built for speed? – The make and model of the car you drive makes a huge difference in determining your rates. The lowest performance passenger cars usually have the lowest rates, but there are many factors that impact the final cost.
The next chart uses these assumptions: single female driver age 40, full coverage with $500 deductibles, and no discounts or violations. It compares Dodge Grand Caravan insurance premiums compared to other vehicles that have a range of performance risks.
More traffic equals higher rates – Choosing to live in areas with lower population can be a good thing if you are looking for the lowest rates. Urban drivers tend to have traffic congestion and much longer commute distances. Fewer drivers on the road means fewer accidents as well as less vandalism and auto theft.
High claims frequency drives up rates – Auto insurance companies in Ohio generally give the best rates to drivers who do not rely on their insurance for small claims. If you’re an insured who likes to file claims you can pretty much guarantee either higher rates or even cancellation. Insurance coverage is meant to be used in the event of more catastrophic claims.
Loss statistics for a Dodge Grand Caravan – Insurers analyze past claim statistics to determine a price that will be profitable for them. Models that historically have increased claim numbers or amounts will have higher rates for specific coverages.
The table shown below demonstrates the loss history for Dodge Grand Caravan vehicles. For each policy coverage, the claim probability for all vehicles, regardless of make, model or trim level, is considered to be 100. Numbers shown that are under 100 mean the vehicle has better than average losses, while numbers above 100 point to more losses or a tendency for claims to be larger.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Dodge Grand Caravan||79||104||81||108||108||107|
Statistics from IIHS.org for 2013-2015 Model Years
Exclusive versus independent auto insurance agents
Certain consumers prefer to sit down with an agent and that can be a smart move A good thing about comparing insurance prices online is that drivers can save money and get cheaper car insurance rates and still buy from a local agent.
To make it easy to find an agent, after completing this short form, your information is instantly submitted to participating agents in Cincinnati who want to provide quotes for your auto insurance coverage. It’s much easier because you don’t need to find an agent on your own because prices are sent to you instantly. Get lower rates and work with a local agent. If you wish to compare rates from one company in particular, don’t hesitate to jump over to their website and give them your coverage information.
Deciding on an insurance company should include more criteria than just the bottom line cost. Before buying a policy in Cincinnati, get answers to these questions.
- When do they do a full risk review?
- Does the company have a solid financial rating?
- How long have they been in business?
- Is every driver in your family covered?
- What discounts might you be missing?
- Do they have a Better Business Bureau rating in Cincinnati?
- Can you choose the body shop in case repairs are needed?
Two types of auto insurance agents
If you want a local Cincinnati insurance agent, you should know the different types of agents from which to choose. Auto insurance agents in Cincinnati can be described as either exclusive agents or independent agents.
Exclusive Insurance Agents
These type of agents can only write with one company and examples are State Farm, Allstate and AAA. Exclusive agents cannot provide other company’s prices so keep that in mind. Exclusive agents are well trained on their products and sales techniques and that allows them to sell at a higher price point.
The following is a short list of exclusive agents in Cincinnati that are able to give price quote information.
Kristen Jackson – State Farm Insurance Agent
8952 Winton Rd – Cincinnati, OH 45231 – (513) 681-6400 – View Map
Richard Curry Jr – State Farm Insurance Agent
4953 Delhi Ave – Cincinnati, OH 45238 – (513) 451-5205 – View Map
Mike Albrinck – State Farm Insurance Agent
9018 Reading Rd – Cincinnati, OH 45215 – (513) 563-9099 – View Map
Independent Auto Insurance Agents
These type of agents are appointed with more than one company so they have the ability to put coverage with many different companies and possibly get better coverage at lower prices. If your premiums go up, they can switch companies in-house and you don’t have to do anything. When comparison shopping, it’s a good idea to get several quotes from at a minimum one independent agency in order to have the best price comparison.
Listed below is a short list of independent agents in Cincinnati willing to provide price quote information.
Gibbs and Associates Insurance
7710 Shawnee Run Rd # G2 – Cincinnati, OH 45243 – (513) 561-5551 – View Map
Burkhart Insurance Agency
4291 Foley Rd – Cincinnati, OH 45238 – (513) 244-2500 – View Map
120 E 4th St # 1000 – Cincinnati, OH 45202 – (513) 621-2020 – View Map
If you get positive responses for all questions you ask and an affordable coverage quote, you may have found a car insurance agent that is professional and can service your policy. Keep in mind you are able to cancel your policy for any reason so don’t feel that you are obligated to any specific agency for any length of time.
Best reasons to buy car insurance in Ohio
Despite the high cost of buying insurance for a Dodge Grand Caravan in Cincinnati, buying car insurance may be mandatory for several reasons.
First, almost all states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability in order to be legal. 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.
Second, if your Grand Caravan has a loan, almost all lenders will make it mandatory that you have physical damage coverage to guarantee payment of the loan. If you let the policy lapse, the lender may have to buy a policy to insure your Dodge at a much higher rate and require you to pay much more than you were paying before.
Third, car insurance preserves your vehicle and your assets. Insurance will also pay for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance will also pay for a defense attorney if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, your car insurance policy will pay all costs to repair after the deductible has been paid.
The benefits of insuring your car are without a doubt worth the cost, especially if you ever need it. Unknowingly, the average driver is overpaying more than $869 every year so you should quote and compare rates at every policy renewal to save money.
Find affordable rates by being thorough
When trying to cut insurance costs, do not buy less coverage just to save a little money. In too many instances, consumers will sacrifice physical damage coverage only to regret that it was a big mistake. The aim is to purchase a proper amount of coverage at a price you can afford, but do not skimp to save money.
In this article, we covered a lot of tips how to reduce Dodge Grand Caravan insurance prices online in Cincinnati. The key thing to remember is the more times you quote, the higher the chance of saving money. Consumers may even find the lowest priced insurance comes from the least-expected company. Regional companies can often insure niche markets at a lower cost as compared to the big name companies such as Progressive or GEICO.
- Collision Insurance Coverage (Nationwide)
- Who Has the Cheapest Car Insurance Rates for Single Moms in Cincinnati? (FAQ)
- How Much are Car Insurance Rates for Homeowners in Cincinnati? (FAQ)
- How Much are Auto Insurance Quotes for Good Drivers in Cincinnati? (FAQ)
- Teen Driver Licensing Information (iihs.org)
- Eight Auto Insurance Myths (Insurance Information Institute)