Auto Insurance Rates for a Dodge Grand Caravan in Nashville

A recent car insurance study revealed that nearly 70% of consumers have purchased from the same company for at least four years, and nearly half have never quoted rates to find cheaper coverage. Drivers in the United States can cut their rates by $850 a year by just comparing quotes, but they underestimate the big savings they would realize if they replace their high priced policy.

It takes a few minutes, but the best way to get more affordable Dodge Grand Caravan insurance is to start comparing prices regularly from different companies in Nashville.

1. Get a basic knowledge of how insurance works and the measures you can take to drop your rates. Many risk factors that are responsible for high rates such as traffic tickets, fender benders, and a less-than-favorable credit rating can be improved by improving your driving habits or financial responsibility.
2. Get rate quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from a single company like Progressive or Farmers Insurance, while independent agents can provide price quotes from many different companies.
3. Compare the quotes to your existing rates and see if you can save money. If you find a lower rate quote and change companies, make sure there is no lapse in coverage.
4. Give notification to your agent or company of your intention to cancel your current policy. Submit the application along with any required down payment for the new coverage. Once coverage is bound, keep the new proof of insurance certificate in your vehicle.

One important bit of advice is to try to use identical limits and deductibles on each quote request and and to look at as many car insurance companies as possible. This ensures a fair rate comparison and and a good selection of different prices.

Companies offering Dodge Grand Caravan insurance in Nashville

The companies shown below can provide price quotes in Tennessee. If multiple companies are listed, we suggest you visit as many as you can to get a more complete price comparison.

Rates and information analytics

The premium table shown below showcases detailed analysis of insurance rates for Dodge Grand Caravan models. Being able to understand how auto insurance policy rates are formulated is important for making decisions when shopping your coverage around.

Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Rate quotes do not factor in vehicle location which can lower or raise premiums greatly.

Analysis of deductible levels

The hardest decision when buying coverage is how low should you set your deductibles. The rates shown below approximate the differences in premium rates when you choose different policy deductibles. The first rate table uses a $100 comprehensive and collision deductible and the second pricing table uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Rate information does not factor in specific location which can decrease or increase coverage prices substantially.

Based on the above data, using a $100 deductible will cost in the ballpark of $28 more each month or $336 annually averaged for all Grand Caravan models than requesting the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 32 months between claims, you would save more money if you choose a higher deductible.

One big caveat is that higher deductibles means you will have to cover more of the damage yourself when you have a claim. You need to have some extra savings in the event you need to pay the higher deductible.

The illustration below highlights how deductible choice and can change Dodge Grand Caravan annual premium costs for different age groups of insureds. The information is based on a married male driver, full physical damage coverage, and no discounts are applied to the premium.

Full coverage or liability only

The chart below illustrates the difference between Dodge Grand Caravan insurance premiums with full physical damage coverage compared to only buying liability only. The prices are based on no violations or accidents, $100 deductibles, single status, and no discounts are taken into consideration.

Are you wasting money on full coverage?

There is no definitive formula for phasing out comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the annual cost of having full coverage is more than 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s say your Dodge Grand Caravan replacement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, you would only receive $2,000 after paying the physical damage deductible. If it’s costing in excess of $200 a year for full coverage, then you might want to think about dropping full coverage.

There are some situations where dropping physical damage coverage is not advised. If you haven’t paid off your loan, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not consider dropping full coverage.

Cheap Nashville insurance rates with discounts

Companies that sell car insurance don’t always publicize all discounts in a way that’s easy to find, so the below list has some of the more common and also the more inconspicuous insurance savings. If you check and find you aren’t receiving every discount you qualify for, you are paying more than you should be.

• Onboard Data Collection – Policyholders that allow their insurance company to track when and where they use their vehicle by installing a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system could possibly reduce rates if they show good driving skills.
• More Vehicles More Savings – Buying insurance for primary and secondary vehicles on a single policy qualifies for this discount.
• Discount for Life Insurance – Larger insurance carriers have lower premium rates if you buy a life policy as well.
• No Claim Discounts – Claim-free drivers get the best insurance rates in comparison with policyholders that have many claims.
• Auto/Home Discount – When you combine your auto and homeowners insurance with one insurance company they may give you a discount of approximately 10% to 15%.
• Anti-lock Brake Discount – Anti-lock brake equipped vehicles have fewer accidents and qualify for as much as a 10% discount.
• Discounts for Safe Drivers – Drivers who avoid accidents may save up to 50% more than drivers with accident claims.
• Nashville Homeowners Discount – Just being a homeowner can save a few bucks because maintaining a house is proof of financial responsibility.
• Theft Prevention Discount – Cars and trucks equipped with anti-theft or alarm systems can help prevent theft so companies will give you a small discount.
• Drivers Ed for Students – Cut your cost by having your teen driver take driver’s ed class if offered at their school.

While discounts sound great, it’s important to understand that some of the credits will not apply to the entire cost. Most only reduce individual premiums such as medical payments or collision. So when it seems like you can get free auto insurance, nobody gets a free ride.

The information below illustrates the comparison of Dodge Grand Caravan insurance premiums with and without discounts applied. The rates are based on a female driver, no claims or driving citations, Tennessee state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, marriage, multi-policy, homeowner, and multi-car discounts applied.

Companies who may offer these discounts possibly include:

• State Farm
• American Family
• AAA
• GEICO
• Mercury Insurance
• Farmers Insurance
• Progressive

Before purchasing a policy, check with all companies you are considering which discounts you qualify for. Some discounts might not be available to policyholders in every state. If you would like to see a list of providers who offer insurance discounts in Tennessee, follow this link.

Which policy gives me the best coverage?

When it comes to your policy, there really isn’t a one size fits all plan. Every insured’s situation is different.

Here are some questions about coverages that may help you determine if your situation will benefit from professional help.

• What is covered by UM/UIM coverage?
• Can good grades get a discount?
• Am I covered if I have no license?
• Am I covered if I drive in a foreign country?
• How much liability do I need to cover my assets?
• Will my Dodge Grand Caravan be repaired with OEM or aftermarket parts?
• Will I lose any money if I cancel my policy before it expires?
• Does my medical payments coverage pay my health insurance deductible?
• Are rock chip repairs covered?
• Is my cargo covered for damage or theft?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form. It only takes a few minutes and can help protect your family.

Car insurance agents can help

Many drivers just prefer to talk to a local agent and doing so can bring peace of mind Licensed agents are trained to spot inefficiencies and give you someone to call. A good thing about comparing insurance online is the fact that drivers can get the best rates and still choose a local agent.

After filling out this quick form, your information is emailed to insurance agents in Nashville that can give you free Nashville auto insurance quotes for your insurance coverage. It’s much easier because you don’t need to drive around because quoted prices will be sent to you directly. If you need to compare prices for a specific company, you can always search and find their rate quote page and fill out their quote form.

Choosing the best provider should depend on more than just the bottom line cost. Any agent in Nashville should be forthright in answering these questions:

• Do they offer rental car reimbursement?
• Do you qualify for any additional discounts?
• Is there a local claims center in Nashville?
• Are they paid to recommend certain coverages?
• Does the agency have a positive business rating?
• How is replacement cost determined on your vehicle?
• How long have they been in business?
• Do the agents have professional certifications like CPCU or CIC?

Types of car insurance agents in Nashville

If you’re trying to find an insurance agent, you must know there are a couple types of insurance agents and how they can write your policy. Agents can be categorized as either independent (non-exclusive) or exclusive. Either type can write policy coverage, but it is a good idea to know why they differ because it can influence your selection of an agent.

Exclusive Insurance Agents

Exclusive agents can only provide one company’s prices like American Family, State Farm, and AAA. Exclusive agencies are unable to place coverage with different providers so they have to upsell other benefits. Exclusive insurance agents are well schooled on their products and sales techniques which can be an advantage. Some insured continue to buy from exclusive agents partially due to the brand name and the convenience of having a single billing for all their coverages.

Shown below is a list of exclusive insurance agencies in Nashville who can help you get price quote information.

• Holly Williams – State Farm Insurance Agent
  8010 TN-100 – Nashville, TN 37221 – (615) 662-1551 – View Map
• Arnie Phipps – State Farm Insurance Agent
  4811 Trousdale Dr c – Nashville, TN 37220 – (615) 833-1300 – View Map
• Tim Shrum – State Farm Insurance Agent
  4004 Hillsboro Pike Ste B219 – Nashville, TN 37215 – (615) 922-2680 – View Map

More Nashville agents

Independent Insurance Agents

These type of agents are not locked into one company so they can insure your vehicles through lots of different companies and find the cheapest insurance rates. If they quote lower rates, the business is moved internally which makes it simple for you. When comparing rates, you need to include price quotes from multiple independent agents in order to compare the most rates. Many can place coverage with small regional insurance companies which can be an advantage.

Shown below is a short list of independent insurance agencies in Nashville who can help you get comparison quotes.

• Zander Insurance Group
  6213 Charlotte Pike – Nashville, TN 37209 – (615) 356-1700 – View Map
• Varallo Insurance Agency
  296 White Bridge Pike – Nashville, TN 37209 – (615) 352-5747 – View Map
• MJC Insurance Group
  1506 Church St Suite 2 – Nashville, TN 37203 – (615) 873-1988 – View Map

More Nashville agents

Car insurance coverage information

Learning about specific coverages of your policy aids in choosing the right coverages for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Liability auto insurance – Liability insurance provides protection from injuries or damage you cause to other people or property that is your fault. It protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/15 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and $15,000 of coverage for damaged property.

Liability coverage pays for things such as funeral expenses, medical services and repair bills for other people’s vehicles. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible. Tennessee state law requires minimum liability limits of 25/50/15 but drivers should carry more coverage.

The next chart shows why buying the state minimum limits may not provide you with enough coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Dodge Grand Caravan.

Since many Tennessee drivers only purchase the least amount of liability that is required (which is 25/50/15), their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Collision – This covers damage to your Grand Caravan caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as sideswiping another vehicle, rolling your car, driving through your garage door, hitting a parking meter and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible on your Grand Caravan to get cheaper collision coverage.

Comprehensive insurance – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as fire damage, a tree branch falling on your vehicle, hitting a bird and falling objects. The most a car insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as EMT expenses, funeral costs, surgery, pain medications and prosthetic devices. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Don’t give up on cheap coverage

As you restructure your insurance plan, never reduce coverage to reduce premium. In many cases, someone sacrificed liability coverage limits only to discover later that the savings was not a smart move. Your aim should be to purchase a proper amount of coverage for the lowest cost.

More affordable insurance in Nashville can be found both online and from local agencies, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance companies may not have rates over the internet and usually these smaller companies prefer to sell through independent agencies.

Insureds switch companies for many reasons like questionable increases in premium, high prices, not issuing a premium refund and lack of trust in their agent. It doesn’t matter why you want to switch finding the right insurance provider can be easier than you think.

Other information

• State Car Insurance Guides (GEICO)
• Who Has Affordable Auto Insurance for Drivers with a Bad Driving Record in Nashville? (FAQ)
• Who Has Affordable Auto Insurance for a Subaru Outback in Nashville? (FAQ)
• Who Has Affordable Nashville Car Insurance Rates for Drivers Under 21? (FAQ)
• Who Has Affordable Auto Insurance for Low Mileage Drivers in Nashville? (FAQ)
• Eight Auto Insurance Myths (Insurance Information Institute)
• How do I File a Claim? (Insurance Information Institute)
• Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
• Speed and Speed Limit FAQ (iihs.org)