Cheapest Insurance for a Dodge Grand Caravan in Michigan

The chances of buying affordable car insurance for a Dodge Grand Caravan in Michigan depends on a lot of things like if you own the home you live in, your occupation, and any prior driving offenses. Michigan drivers on average pay around $1,730 every 12 months to insure a Dodge Grand Caravan, but that policy rate is a ballpark figure rating a 40-year-old single male driver with comprehensive and collision coverage and $1,000 deductibles.

But there is a good chance that you’re not a 40-year-old male, maybe you are married instead of single, or maybe your driving record isn’t squeaky clean. Insurance is an individual thing, so the only real way to find cheap insurance rates for your Dodge is to make a habit of regularly comparing rates from other companies.

Find Cheaper Dodge Grand Caravan Insurance

The trim level of your vehicle impacts the cost of coverage, so the price you pay to insure a Grand Caravan CV trim level will be $156 cheaper than the cost to insure the more well-appointed Grand Caravan SXT trim level, as shown below.

Cost estimates assume single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Michigan minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Rate information does not factor in vehicle garaging location which can change coverage rates considerably.

Ending up with a high-quality insurer is difficult considering how many companies sell coverage in Michigan. The company rank data listed below may help you select which auto insurers you want to consider when comparing rates. These rankings only include large insurance companies, so smaller companies that only insure vehicles in Michigan are not factored into this list.

Top 10 Major Auto Insurance Companies in Michigan Ranked by Value

1. The Hartford
2. Farmers Insurance
3. Safeco Insurance
4. AAA Insurance
5. 21st Century
6. Progressive
7. State Farm
8. American Family
9. GEICO
10. Liberty Mutual

Top 10 Major Auto Insurance Companies in Michigan Ranked by A.M. Best Rating

1. USAA – A++
2. GEICO – A++
3. State Farm – A++
4. The Hartford – A+
5. Esurance – A+
6. Allstate – A+
7. Progressive – A+
8. Nationwide – A+
9. 21st Century – A
10. Liberty Mutual – A

Top Companies for Dodge Grand Caravan Insurance in Michigan

Bad driving habits will cost you more

The common sense way to find low insurance prices in Michigan for a Grand Caravan is to be an attentive driver and not get tickets or have accidents. The information below illustrates how speeding tickets and at-fault collisions increase auto insurance rates for each age group. The rates are based on a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are applied to the premium.

The chart shows that the average cost of a car insurance policy per year with no accidents or violations is $2,732. Factor in one speeding ticket and the average cost hikes up to $3,150, an increase of $418 each year. Now throw in two accidents along with the one speeding ticket and the annual cost of insurance for a Dodge Grand Caravan jumps again to an average of $7,149. That’s an increase of $4,417, or $368 per month, just for being a less-than-perfect driver!

Which car insurance company is best?

If you want the best car insurance, probably the best companies to start with are Progressive, Geico, Allstate, and State Farm. If you add them together, they insure nearly half of all car insurance policies written. All of them offer physical damage and liability coverage, but each has slightly different coverage options that buyers can choose from. The next table ranks some of the different features that are available for customers.

How to find low-cost insurance for a Dodge Grand Caravan

The list below details a few thrifty ideas that can help Michigan drivers find cheaper coverage.

• Drivers with good credit often pay less
• Drop full coverage on older vehicles
• Earn discounts for being claim-free
• Home or renters coverage can save on auto insurance
• Buy vehicles with five-star safety ratings
• Increase the comprehensive and collision deductibles on your policy
• Shop around once a year for cheaper rates

That last idea is remarkably vital, as we stressed in this write-up. Insurance prices fluctuate constantly, so drivers shouldn’t be resistant to switch companies if you can find a cheaper rate. Being loyal to a particular company is commendable, but it’s not a great idea if that loyalty results in overpaying hundreds of dollars a year. If you have a few minutes, compare rates and find cheaper car insurance for a Dodge Grand Caravan.

Who has the cheapest Dodge Grand Caravan insurance quotes?

There are many ways to find affordable insurance in Michigan, but the most frequently used ways are from an exclusive insurance agency like Allstate or State Farm, an independent agent, or buying direct from a company like Progressive or Geico.

Each way is similar, but each is different in how they provide price quotes.

Independent insurance agencies write for multiple companies and can get rate quotes from every one. These agents can quote with many companies and quote rates with many companies, which may provide you with improved chances of finding a lower rate. If they find a cheaper price, your policy can be easily switched to a different company and you don’t have to find a new agent.

A captive, or exclusive, agent is contracted to a single company such as an Allstate or Liberty Mutual agent. Exclusive agents are unable to quote prices from more than a single company, so it’s a good idea to shop around.

Drivers who opt to buy insurance direct do not use local insurance agents and instead buy direct online or over the phone from a company like Progressive or Geico. Buying insurance direct is a good choice for drivers who have fewer assets and have a decent understanding of how their policy works.

Which way is best to buy the cheapest insurance for a Dodge Grand Caravan in Michigan? We’d like to tell you buying from a direct car insurance company results in the cheapest price because there is no agent taking a commission, but unfortunately, that is not the case. A valid argument could also be made that using an independent agent is the best way to save since they have access to many companies, but that assumption is also not necessarily accurate. In the right set of circumstances, exclusive agencies may have prices that are the cheapest.

Because of the variability of insurance rates, the one way to ensure you are not overpaying is to obtain price quotes and compare them. To cover all the bases, get price quotes from independent, exclusive, and direct to get a good idea who is cheapest. A great place to start is our list of online companies offering discounts: click here to view.