Finding affordable car insurance for a Dodge Grand Caravan in Florida can be really easy, but it is dependent upon lots of different rating factors such as whether you are male or female, your residence address, and any past driving violations you may have had. Florida drivers will pay on average $1,190 annually for Grand Caravan insurance, but that figure is an estimate using a 50-year-old single female driver with full physical damage coverage and $250 deductibles.
But there is a high probability that you aren’t exactly 50 years old or even a female, you might be married instead of single, or maybe you just want different deductibles. Even a slight change in rating variables can make a big difference in the price of a policy.
This illustrates why the way we recommend to find cheap insurance prices for your Dodge is to do the rate comparisons yourself.
Vehicle trim level will be a contributing factor to the insurance rate, so the price you pay to insure a Grand Caravan CV will be $128 cheaper than the price to insure the fancier Grand Caravan SXT model, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Grand Caravan CV||$278||$438||$472||$28||$142||$1,358||$113|
|Grand Caravan SE||$278||$438||$472||$28||$142||$1,358||$113|
|Grand Caravan Hero||$278||$532||$472||$28||$142||$1,452||$121|
|Grand Caravan Crew||$312||$532||$472||$28||$142||$1,486||$124|
|Grand Caravan SXT||$312||$532||$472||$28||$142||$1,486||$124|
|Get Your Own Custom Quote Go|
Prices above based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Information does not factor in specific location information which can lower or raise auto insurance rates considerably.
Picking the right insurance provider is difficult considering how many companies there are in Florida. The ranking information in the lists below could help you pick which car insurance providers you want to consider when comparing auto insurance rates for a Dodge Grand Caravan. These rankings are for large, nationwide insurance companies, so companies that may only write in Florida are not included in the list.
Top 10 Major Car Insurance Companies in Tampa Ranked by Customer Service
- Mercury Insurance
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
Discounts on Tampa auto insurance rates
Insurance providers that provide policies for a Dodge Grand Caravan could also offer discounts that can reduce rates by as much as 35% if you meet specific eligibility requirements. Large car insurance companies and the discounts they provide are included below.
- GEICO includes discounts for emergency military deployment, good student, multi-policy, daytime running lights, driver training, seat belt use, and defensive driver.
- Auto-Owners Insurance may include discounts for multiple vehicles, safe vehicle, company car, anti-theft, safe driver, and good student.
- American Family discounts include mySafetyValet, good student, TimeAway discount, multi-vehicle, and defensive driver.
- Esurance policyholders can earn discounts including anti-theft, emergency road assistance, online shopper, safety device, renters, Switch & Save, and paid-in-full.
- Progressive has discounts for good student, online quote discount, homeowner, continuous coverage, multi-vehicle, multi-policy, and online signing.
- State Farm has savings for multiple autos, passive restraint, defensive driving training, anti-theft, good driver, and Drive Safe & Save.
- AAA may have discounts that include multi-car, AAA membership discount, education and occupation, anti-theft, multi-policy, and good driver.
The diagram below shows the difference between car insurance costs with and without discounts being applied to the rates. The rate quotes are based on a female driver, a clean driving record, no claims, Florida state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second bar shows the rates with multiple vehicle, multiple policy, defensive driving course, vehicle safety, anti-theft, and marriage discounts applied. When discounts are factored in, theaverage amount saved on car insurance for a Dodge Grand Caravan is 28% or $521.
Cost difference between full coverage and liability
Finding cheaper car insurance is probably important to the majority of vehicle owners, and one easy way to buy cheaper insurance for a Dodge Grand Caravan is to buy liability only. The example below illustrates the difference between insurance prices with and without full coverage. The price estimates are based on no accidents or driving violations, $250 deductibles, drivers are not married, and no discounts are applied to the premium.
As an average for all age groups, comprehensive and collision coverage on your policy costs $2,592 per year more than just buying liability insurance. That touches on the question when is the right time to remove full coverage. There is no specific rule to stop buying physical damage insurance, but there is a general guideline. If the yearly cost of comp and collision coverage is 10% or more of the replacement cost minus the deductible, then it could be time to drop full coverage.
For example, let’s assume your vehicle’s claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company will settle for is $4,000 after paying your deductible. If you are currently paying more than $400 a year to have full coverage, then it might be time to consider dropping full coverage.
Why you should be shopping around
Florida car insurance rates are influenced by many factors that may substantially change the price of your policy. Simply getting older, increasing liability limits, or getting a reckless driving citation may generate price changes that can cause some rates to be much cheaper than others. Not only may your risk profile change, but insurance companies change prices without warning in order to remain profitable. Higher than usual claims may result in rate hikes, while a better claims history can result in cheaper Grand Caravan insurance rates.
To help illustrate this point, the bar chart below shows rates for the cheapest car insurance in Tampa, FL for a 35-year-old female driver with a clean driving record, no accidents, and good credit. If we estimate rates based on her personal profile, USAA may have the cheapest car insurance rates in Tampa at $1,518 annually. This is $930 less than the average policy premium paid by Florida drivers of $2,448. Amica, Electric, Progressive, and Travelers are also included in the best Tampa, FL auto insurance companies.
Now we will pretend the driver from the above example an accident claim, a lower credit score, and a few traffic violations. Since each auto insurance company has their own process to establish rates, comparing rates could now result in a different list of the cheapest Tampa car insurance companies as shown below.
USAA now has the best car insurance rate in Tampa with Mercury, Esurance, State Farm, and Auto-Owners also having competitive pricing. This example shows why it is crucial to compare as many rates as possible when trying to get the lowest auto insurance quotes for a Dodge Grand Caravan.
Insurance prices can be determined by many things and change frequently, so the most economical company two years ago may now be an over-priced policy.
If you have coverage questions and would like to have some advice when shopping for cheaper insurance for a Grand Caravan, the agents below are willing to answer your questions and help you decide which policy fits your needs best.
To locate a Tampa auto insurance agent near you, click the link after the list.
- Hockman Insurance Agency, Inc.
3438 Colwell Ave – Tampa, FL 33614 – (813) 636-4000
- All Affordable Insurance Agency
7211 N Dale Mabry Hwy Suite 108 – Tampa, FL 33614 – (813) 935-5554
- L. Vega Insurance Agency
8019 N Himes Ave #100 – Tampa, FL 33614 – (813) 935-6629
- Mynatt Insurance Agency
1316 W Busch Blvd – Tampa, FL 33612 – (813) 932-5511
Tips to find budget-friendly insurance for a Dodge Grand Caravan
Lowering your rates is not difficult, and here are some of the recommended penny-pinching suggestions that can help Tampa drivers locate low-cost coverage.
- Multi-policy discounts save money
- If possible, do not file small claims
- Do not get traffic tickets
- Good credit can help you save money
- Raise deductibles
- Avoid accidents and claims
- Shop around for cheaper prices
The last tip in the list is incredibly significant, as we stressed in the article above. Rates vary considerably, so drivers shouldn’t be reluctant to switch companies if a cheaper price is available. Many drivers prefer to stick with one company, but we do not recommend it if that inflexibility results in costing you money that could be spent on other things. If you have a few minutes, now is a great time to shop around and find cheaper insurance for a Dodge Grand Caravan in Tampa.