How Much Does Insurance Cost for a Dodge Grand Caravan in Tennessee?

Our editors have a joke that when writing about car insurance, the words “cheap” or “affordable” should not be used anywhere in the article. Unfortunately, cheap car insurance for a Dodge Grand Caravan is almost non-existent. But fear not, because we will teach you how you can still find car insurance that is more affordable.

The chances of buying cheap car insurance for a Dodge Grand Caravan in Tennessee depends upon a complicated equation that takes into consideration things such as how old the vehicle is, if you have ever let your coverage lapse, and if you have any chargeable driving offenses. Drivers in Tennessee will pay on average $630 every 12 months for Grand Caravan insurance, but that figure is calculated based on a 50-year-old married female who needs comprehensive and collision coverage and $500 physical damage deductibles.

Odds are that you are not 50 and possibly not even female, single instead of married, and maybe your Grand Caravan just needs liability-only coverage. Auto insurance is unique to each driver, so the only way to find affordable rates for your Dodge is to shop your policy around every couple of years. Do a quick rate comparison now and you will receive rate quotes from the cheapest companies that sell coverage in Tennessee.

Find Cheaper Dodge Grand Caravan Insurance

The specific trim level tends to have a direct impact on the yearly cost, so the price to insure a Grand Caravan CV will be $64 less than the cost to insure the more well-appointed Grand Caravan SXT version, as shown in the table below.

Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Price estimates do not factor in garaging location in Tennessee which can increase or decrease auto insurance rates substantially.

Figuring out which company has the cheapest auto insurance rates for a Dodge Grand Caravan will take a bit more work in order to find the best price. Every auto insurer used slightly different criteria for determining prices, so we’ll go over the auto insurance companies that tend to have lower prices in Tennessee.

Best Insurance Companies for Your Dodge

Compare Rates and Save

Utica National offers some of the lowest car insurance rates in Tennessee at around $767 a year. Auto-Owners, Cincinnati Insurance, Penn National, and USAA also rank well as some of the best Tennessee car insurance companies.

As shown in the rates above, if you are a customer of Auto-Owners and switched to Utica National, you might achieve savings of upwards of $94. Tennessee drivers with Cincinnati Insurance might save as much as $109 a year, and Penn National customers might see rate reductions of $141 a year.

These prices are averages for all ages of drivers and types of vehicles and are not factoring in a specific rating modification for a Dodge Grand Caravan. So the insurer that can offer you the best price may not even be included in the above rate chart. That point stresses why you need to compare as many prices as possible using your own driver and vehicle profiles.

The information below highlights how deductible selection can raise or lower insurance premiums when researching cheap insurance for a Dodge Grand Caravan. The rates are based on a single female driver, comprehensive and collision coverage, and no other discounts are factored in.

A 50-year-old driver could lower their car insurance rates by $284 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $430 by choosing a $1,000 deductible. Youthful drivers, such as the 20-year-old example, could potentially save as much as $716 or even more by using higher deductibles when buying full coverage.

If you do raise deductibles, it will be necessary to have plenty of money set aside to offset the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.

The benefit of shopping around

Tennessee auto insurance rates are impacted by many factors which can significantly increase or decrease the price you pay for coverage. Simply having another birthday, getting divorced, or having an at-fault accident can cause premium changes that can make some companies cheaper than competitors.

Not only that, but companies modify rates multiple times each year to adjust for gains or losses. Higher than normal claims may result in additional price hikes, while long-term profits may cause cheaper Grand Caravan insurance rates.

For instance, the bar chart below shows the cheapest car insurance in Tennessee for a 45-year-old female driver with no accidents or violations, and excellent credit. When quoting prices based on her current risk factors, Utica National may offer the most affordable car insurance rates in Tennessee at $760 per year. This is $568 less than the average rate paid by Tennessee drivers of $1,328. Auto-Owners, Cincinnati Insurance, Tennessee Farmers, and Penn National are also included in the best Tennessee auto insurance companies.

Now we will give the driver from the first set of rates a claim surcharge, a lower credit score, and a traffic citation. Since each insurance company has a unique approach for determining prices, comparing insurance quotes most likely will result in a different ranking of affordable companies as shown below.

Erie now has the lowest price on auto insurance in Tennessee with Allied, Nationwide, Westfield, and GEICO also having competitive pricing. This example shows why it is important to perform a complete rate comparison to find the most affordable auto insurance rates for a Dodge Grand Caravan. Auto insurance prices are influenced by many things and can change substantially, so the best option the last time you shopped around may now be wasting a lot of money.

Tips to find budget-friendly insurance for a Dodge Grand Caravan

Below you’ll find some penny-pinching ideas that can help drivers get the cheapest coverage.

• Tickets and violations raise rates
• Higher deductibles mean lower rates
• Drive a car with a high safety rating
• Do not pay for comprehensive and collision coverage on older vehicles
• Remain accident-free and save
• Higher credit ratings may save you money
• Shop around for lower rates once a year

The last tip in the list is particularly crucial, as was affirmed in this write-up. Coverage rates in Tennessee can change significantly in a year, so don’t be unwilling to buy from a new company if you can save money. Many consumers stick with the same company and that’s fine, but it isn’t a good idea if that loyalty ends up costing hundreds of dollars a year. Now is a great time to compare prices and find cheaper insurance for a Dodge Grand Caravan.