It’s hard to fathom, but nearly 70% of customers renewed their policy with the same company for four years or more, and nearly the majority have never taken the time to shop around. Massachusetts consumers can cut their rates by 45% a year, but most just don’t grasp how much savings they would realize if they replace their high priced policy.
If saving the most money is your goal, then the best way to find low-cost prices for Dodge Grand Caravan insurance is to compare prices regularly from insurance carriers that insure vehicles in Boston. You can compare prices by completing these steps.
- Step 1: Spend a few minutes and learn about what coverages are included in your policy and the measures you can control to prevent expensive coverage. Many risk factors that cause high rates like multiple speeding tickets and poor credit history can be amended by improving your driving habits or financial responsibility.
- Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give prices from one company like GEICO and State Farm, while agents who are independent can provide price quotes for many different companies.
- Step 3: Compare the price quotes to your current policy to see if switching to a new carrier will save money. If you find a lower rate quote and decide to switch, make sure there is no coverage gap between policies.
- Step 4: Give notification to your current company of your decision to cancel the current policy and submit the completed application along with a down payment to the new company. Be sure to put the new proof of insurance certificate in your vehicle.
The key aspect of shopping around is to try to use the same amount of coverage on every quote and and to compare as many carriers as you can. This helps ensure an accurate price comparison and plenty of rates choose from.
Finding the cheapest coverage in Boston can be much easier if you know how to start. If you have insurance now or just want a better rate, take advantage of these tips to save money while maintaining coverages. Smart buyers only need an understanding of the quickest method to compare insurance rates from many companies at once.
Most of the larger companies such as Progressive, GEICO, Allstate and State Farm give price estimates on the web. The process is fairly simple as you simply type in your personal and coverage information into the form. After you complete the form, their quoting system orders your driving and credit reports and returns a price quote.
Getting online price quotes for Dodge Grand Caravan insurance in Boston makes it easy to compare insurance prices and it is imperative to get many rate quotes in order to get lower-cost prices.
To find out how much you’re overpaying now, compare rates from the companies below. If you have coverage now, it’s recommended you copy the coverage information just like they are on your policy. This makes sure you are getting a price comparison for similar insurance coverage.
The companies shown below are ready to provide price quotes in Boston, MA. To locate cheaper auto insurance in Boston, we recommend you click on several of them in order to get a fair rate comparison.
Why do I need car insurance?
Even though Boston Grand Caravan insurance rates can get expensive, car insurance may be required for several reasons.
- Most states have mandatory insurance requirements which means you are required to buy specific minimum amounts of liability insurance coverage in order to drive the car. In Massachusetts these limits are 20/40/5 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you bought your vehicle with a loan, it’s guaranteed your bank will have a requirement that you buy insurance to ensure loan repayment if the vehicle is totaled. If you default on your policy, the bank may insure your Dodge at an extremely high rate and require you to reimburse them for the much more expensive policy.
- Car insurance preserves both your vehicle and your personal assets. It will also provide coverage for all forms of medical expenses for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, comprehensive and/or collision insurance will pay to repair the damage.
The benefits of having car insurance outweigh the cost, particularly for liability claims. The average driver in Massachusetts is currently overpaying as much as $869 every year so it’s important to compare rates once a year at a minimum to be sure current rates are still competitive.
Dodge Grand Caravan coverage analysis
The coverage table displayed next covers different insurance policy prices for Dodge Grand Caravan models. Learning more about how rates are figured can help guide drivers when making informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Caravan CV | $138 | $220 | $350 | $20 | $106 | $834 | $70 |
| Grand Caravan SE | $138 | $220 | $350 | $20 | $106 | $834 | $70 |
| Grand Caravan Hero | $138 | $268 | $350 | $20 | $106 | $882 | $74 |
| Grand Caravan Crew | $154 | $268 | $350 | $20 | $106 | $898 | $75 |
| Grand Caravan SXT | $154 | $268 | $350 | $20 | $106 | $898 | $75 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Rate quotes do not factor in vehicle garaging location which can alter rates considerably.
An analysis of deductible level
One of the hardest decisions when shopping for auto insurance is how high should your deductibles be. The tables below can help illustrate the rate differences when you buy lower versus higher insurance deductibles. The first data set uses a $100 deductible for comprehensive and collision coverage and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Caravan CV | $288 | $426 | $334 | $20 | $100 | $1,193 | $99 |
| Grand Caravan SE | $288 | $426 | $334 | $20 | $100 | $1,193 | $99 |
| Grand Caravan Hero | $288 | $520 | $334 | $20 | $100 | $1,287 | $107 |
| Grand Caravan Crew | $324 | $520 | $334 | $20 | $100 | $1,323 | $110 |
| Grand Caravan SXT | $324 | $520 | $334 | $20 | $100 | $1,323 | $110 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Caravan CV | $160 | $224 | $334 | $20 | $100 | $838 | $70 |
| Grand Caravan SE | $160 | $224 | $334 | $20 | $100 | $838 | $70 |
| Grand Caravan Hero | $160 | $274 | $334 | $20 | $100 | $888 | $74 |
| Grand Caravan Crew | $180 | $274 | $334 | $20 | $100 | $908 | $76 |
| Grand Caravan SXT | $180 | $274 | $334 | $20 | $100 | $908 | $76 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Price estimates do not factor in the specific area where the vehicle is garaged which can decrease or increase coverage prices greatly.
We can derive from the above data that using a $100 deductible will cost you about $32 more each month or $384 a year than opting for the higher $1,000 deductible. Because you would be required to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 28 months between claim filings, you would come out ahead if you choose a higher deductible.
Rate comparison of full coverage and liability-only
The chart below compares Dodge Grand Caravan premium costs with full coverage and liability only. The rate quotes are based on no claims or violations, $1,000 deductibles, drivers are single, and no discounts are applied to the premium.
When to switch to liability coverage only
There is no definitive guideline for excluding physical damage insurance, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost minus the deductible, then you might consider buying liability only.
For example, let’s say your Dodge Grand Caravan replacement cost is $4,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $3,000 after the deductible is paid. If premiums are more than $300 annually for comprehensive and collision coverage, then it might be time to buy liability only.
There are some circumstances where only buying liability is not a good idea. If you still owe a portion of the original loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not eliminate full coverage.
Discounts for lower-cost auto insurance quotes
The price of auto insurance can be rather high, but you might find some hidden discounts that many people don’t even know exist. Certain discounts will be applied when you purchase, but some may not be applied and must be asked for before you get the savings.
- Senior Citizen Rates – If you qualify as a senior citizen, you may be able to get lower premium rates.
- Waiver for an Accident – Not a discount per se, but companies like GEICO, Allstate and Liberty Mutual will allow you to have one accident without raising rates as long as you don’t have any claims prior to being involved in the accident.
- Life Insurance – Some auto insurance companies give a small discount if you purchase auto and life insurance together.
- Save with a New Car – Buying auto insurance coverage on a new vehicle can be considerably cheaper because new model year vehicles are generally safer.
- Service Members Pay Less – Being on active deployment in the military could mean lower prices.
Drivers should understand that most credits do not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you could get a free auto insurance policy, it just doesn’t work that way.
The information below illustrates the comparison of Dodge Grand Caravan premium costs with and without policy discounts. The premium estimates are based on a male driver, no claims or driving citations, Massachusetts 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 marriage, homeowner, claim-free, safe-driver, multi-policy, and multi-car discounts applied.
A few popular companies and their offered discounts are included below.
- AAA policyholders can earn discounts including multi-car, pay-in-full, good driver, anti-theft, education and occupation, and good student.
- Progressive may include discounts for online quote discount, good student, multi-policy, online signing, and multi-vehicle.
- State Farm offers discounts including good student, Steer Clear safe driver discount, Drive Safe & Save, accident-free, and multiple policy.
- Esurance may offer discounts for anti-lock brakes, paid-in-full, anti-theft, safety device, Switch & Save, DriveSense, and good student.
- Nationwide offers discounts for accident-free, anti-theft, business or organization, Farm Bureau membership, easy pay, and defensive driving.
When quoting, ask each company the best way to save money. Some of the discounts discussed earlier may not apply in Boston.
Independent and exclusive auto insurance agents
Some people just want to get professional advice from a licensed agent and doing that can be a smart decision Professional insurance agents are trained risk managers and help you file claims. A nice benefit of getting online price quotes is the fact that drivers can get cheaper premium rates and also buy local.
After filling out this simple form, your information is sent to participating agents in Boston who can give free rate quotes for your insurance coverage. There is no reason to find an agent since rate quotes are delivered to the email address you provide. If for some reason you want to get a rate quote from a specific auto insurance provider, just search and find their rate quote page and give them your coverage information.
Choosing an insurance company should depend on more than just a cheap quote. A good agent in Boston will have answers to these questions.
- How is replacement cost determined on your vehicle?
- Is the agency active in community causes in Boston?
- Do they have 24-hour customer assistance?
- Do they have cheaper tiers of coverage?
- Are they primarily personal or commercial lines agents in Boston?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Can they give you a list of client referrals?
Listed below are agents in Boston that may be willing to give price quote information for Dodge Grand Caravan insurance in Boston.
- Security Insurance Agency, Inc
313 Washington St – Brookline, MA 02445 – (617) 739-2886 – View Map - Allston Insurance
281 Western Ave – Boston, MA 02134 – (617) 229-6413 – View Map - Alan J Ross Insurance Agency Inc
225 Franklin St – Boston, MA 02110 – (617) 449-9413 – View Map - Allston Insurance Agency, Inc.
1065 Commonwealth Avenue # 3 – Boston, MA 02215 – (617) 562-8200 – View Map
After talking to the agent and getting answers to your satisfaction to all your questions and an acceptable price quote, it’s possible that you found an insurer that is professional and can properly service your auto insurance policy. Just keep in mind you have the power to terminate your policy at any time so never assume that you’re stuck with a specific company indefinitely.
Everyone needs different insurance coverages
When quoting and choosing proper insurance coverage, there really isn’t a single plan that fits everyone. Your needs are unique to you and your insurance should be unique as well.
For instance, these questions may help you determine if you may require specific advice.
- Can my teen driver be rated on a liability-only vehicle?
- How can I get my company to pay me more for my totaled car?
- Is pleasure use cheaper than using my Dodge Grand Caravan to commute?
- Can my teen drive my company car?
- Does my Dodge Grand Caravan need full coverage?
- Do I need PIP coverage since I have good health insurance?
- Am I missing any policy discounts?
- Is my camper covered for physical damage?
- What policy terms are available?
If it’s difficult to answer those questions, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.
Cheaper car insurance is a realistic goal
As you quote Boston auto insurance, it’s a bad idea to skimp on coverage in order to save money. There have been many cases where an insured dropped full coverage to discover at claim time they didn’t have enough coverage. Your strategy should be to purchase a proper amount of coverage at the best cost, but do not sacrifice coverage to save money.
Throughout this article, we presented a lot of ways to get a better price on Dodge Grand Caravan insurance in Boston. The key concept to understand is the more quotes you get, the better likelihood of getting affordable Dodge Grand Caravan insurance quotes. You may even discover the lowest priced car insurance comes from a small local company. These smaller insurers may only write in your state and offer lower auto insurance rates as compared to the big name companies such as Progressive and GEICO.
Much more information about car insurance in Massachusetts can be found on the following sites:
- Medical Payments Coverage (Liberty Mutual)
- Who Has Cheap Auto Insurance for a 20 Year Old Female in Boston? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Seniors in Boston? (FAQ)
- Who Has Affordable Boston Auto Insurance for 4×4 Vehicles? (FAQ)
- What Car Insurance is Cheapest for Good Drivers in Boston? (FAQ)
- How Much are Auto Insurance Quotes for a Chevrolet Traverse in Boston? (FAQ)
- Who Has Cheap Car Insurance for Drivers with Accidents in Boston? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Immigrants in Boston? (FAQ)
- Who Has the Cheapest Boston Car Insurance Quotes for High Mileage Drivers? (FAQ)
- Who Has Affordable Auto Insurance for Used Cars in Boston? (FAQ)
- What Car Insurance is Cheapest for Veterans in Boston? (FAQ)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- Liability Insurance Coverage (Nationwide)
- Avoiding Deer Collisions (Insurance Information Institute)