Best Insurance for a Dodge Grand Caravan in Anchorage

Do you want to save money by buying lower-priced Dodge Grand Caravan insurance in Anchorage? Comparing and finding low cost prices for Dodge Grand Caravan insurance in Anchorage can be nearly impossible for drivers not familiar with buying insurance online. Because there are so many companies in the marketplace, it can easily turn into a lot of work to find better rates on Dodge Grand Caravan insurance.

It’s well known that car insurance companies don’t want you to look for a cheaper policy. Consumers who shop around for cheaper prices are likely to buy a new policy because they have good chances of finding a lower-priced company. A recent survey discovered that drivers who routinely compared rates saved an average of $860 a year compared to policyholders who don’t make a habit of comparing rates.

If saving the most money on car insurance in Anchorage is your intention, then having a good understanding how to get rate quotes and compare cheaper coverage can help you succeed in finding affordable rates.

It’s a good idea to shop coverage around occasionally because car insurance rates change frequently. Even if you got the best rate on Dodge Grand Caravan insurance in Anchorage a few years ago you can probably find a better price now. Ignore everything you know about car insurance because I’m going to let you in on the secrets to how to use online quotes to lower your rates without sacrificing coverage.

Finding and comparing more affordable car insurance in Anchorage is simple if you know the tricks. Basically, everyone who compares rate quotes for car insurance should find a lower-cost policy. Although Alaska consumers do need to understand how the larger insurance companies determine premium rates because it can help you find the best coverage.

Buy Anchorage Dodge Grand Caravan insurance online

When shopping for cheaper Anchorage auto insurance quotes, there are a couple of ways of comparing price quotes from different Anchorage insurance companies. The easiest way to find affordable Dodge Grand Caravan insurance rates is to jump online and get quotes. Just keep in mind that having more price comparisons increases the chance that you will find more affordable rates. Some regional insurers cannot provide online rate quotes, so you also need to get price estimates from the smaller companies as well.

The companies shown below provide price comparisons in Anchorage, AK. To buy the cheapest car insurance in Anchorage, AK, we recommend you compare several of them to get the best price comparison.

Analysis of Dodge Grand Caravan rates

The information shown next showcases a range of insurance prices for Dodge Grand Caravan models. Having a good grasp of how rates are calculated is important to be able to make smart choices when buying a policy.

Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Alaska minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Rate quotes do not factor in specific location information which can modify insurance rates noticeably.

Higher deductibles save money

One frequently asked question is what deductibles to buy. The comparisons below help summarize how much more you’ll pay of buying low and high physical damage coverage deductibles. The first set of prices uses a $100 deductible and the second data table uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Estimates do not factor in the specific area where the vehicle is garaged which can raise or lower coverage rates noticeably.

Based on the data above, we can derive that using a $100 deductible costs an average of $26 more each month or $312 each year averaged for all Grand Caravan models than quoting the higher $1,000 deductible. Since the policyholder 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 normally go at a minimum 35 months between claim filings, you would save money going with the higher deductible.

How accidents and tickets impact rates in Anchorage

The illustration below shows how traffic citations and accident claims can increase Dodge Grand Caravan insurance costs for each age group. The rate quotes are based on a single male driver, full coverage, $500 deductibles, and no policy discounts are applied.

Does full coverage make sense?

The diagram below illustrates the comparison of Dodge Grand Caravan insurance rates with full coverage and liability only. The rate quotes are based on no claims or driving violations, $500 deductibles, drivers are not married, and no discounts are applied.

Should you be buying full coverage?

There is no specific rule for phasing out comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the yearly cost of full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your Dodge Grand Caravan replacement cost is $4,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $3,000 after paying your deductible. If premiums are more than $300 a year for comprehensive and collision coverage, then you might want to think about dropping full coverage.

There are some situations where removing full coverage is not in your best interest. If you still have a loan on your vehicle, you have to keep full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not buy liability only.

These discounts can lower your car insurance rates

Car insurance is expensive, but you can get discounts that many people don’t even know exist. Some discounts will apply at the time of quoting, but some must be asked for before you will receive the discount.

• Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to buckle up can save a little off the PIP or medical payment premium.
• New Vehicle Savings – Insuring a vehicle that is new can save you some money because newer vehicles keep occupants safer.
• Resident Student – Older children who are enrolled in higher education away from home and do not have access to a covered vehicle may qualify for this discount.
• Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of 25 to 30%.
• Sign Online – Certain companies will provide an incentive for signing up online.
• Active Military Service – Having a family member in the military could be rewarded with lower car insurance rates.
• Theft Deterrent – Cars and trucks optioned with advanced anti-theft systems have a lower chance of being stolen and will save you 10% or more on Grand Caravan insurance in Anchorage.
• Braking Control Discount – Cars, trucks, and SUVs with ABS and/or traction control can stop better under adverse conditions so companies give up to a 10% discount.
• Policy Bundle Discount – When you have multiple policies with the same company you could save up to 20% and get you inexpensive Dodge Grand Caravan insurance in Anchorage.
• Discounts for Multiple Vehicles – Drivers who insure primary and secondary vehicles on one policy could earn a price break for each car.

As is typical with insurance, most credits do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. Despite the appearance that all those discounts means the company will pay you, companies don’t profit that way.

The diagram below compares Dodge Grand Caravan yearly insurance costs with and without policy discounts. The data is based on a female driver, a clean driving record, no claims, Alaska state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-policy, homeowner, marriage, and multi-car discounts applied.

Popular car insurance companies and some of their more popular discounts can be read below.

• Esurance may include discounts for anti-theft, renters, claim free, multi-car, emergency road assistance, and good student.
• The Hartford may offer discounts for good student, anti-theft, defensive driver, bundle, vehicle fuel type, air bag, and driver training.
• AAA has savings for good student, multi-car, good driver, education and occupation, AAA membership discount, and multi-policy.
• GEICO offers premium reductions for membership and employees, federal employee, military active duty, multi-vehicle, anti-theft, and anti-lock brakes.
• State Farm offers discounts for good student, defensive driving training, safe vehicle, multiple policy, passive restraint, multiple autos, and Steer Clear safe driver discount.

Before buying, ask each company the best way to save money. A few discounts might not be offered everywhere. If you would like to view companies that offer multiple discounts in Anchorage, follow this link.

Best reasons to buy auto insurance in Alaska

Despite the high cost, paying for auto insurance may not be optional for several reasons.

• Just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a minimum amount of liability protection in order to license the vehicle. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your vehicle has a lienholder, it’s guaranteed your bank will require you to buy insurance to ensure they get paid if you total the vehicle. If you let the policy lapse, the bank will be required to insure your Dodge at a much higher rate and make you pay for the much more expensive policy.
• Auto insurance preserves your Dodge and your assets. It will also reimburse you for medical expenses incurred in an accident. One policy coverage, liability insurance, will also pay to defend you if you are named as a defendant in an auto accident. If damage is caused by hail or an accident, collision and comprehensive coverages will cover the repair costs.

The benefits of insuring your Grand Caravan more than offset the price you pay, especially for larger claims. Unknowingly, the average driver is overpaying more than $750 every year so it’s important to compare rates at every renewal to ensure rates are competitive.

Which policy gives me the best coverage?

When quoting and comparing the best car insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

For instance, these questions might point out if your situation may require specific advice.

• Will my rates increase for filing one claim?
• What is an SR-22 filing?
• Am I insured when driving a different vehicle?
• What is PIP insurance?
• Is my state a no-fault state?
• Will damage be repaired with OEM parts?
• Can I make deliveries for my home business?
• What if a claim settlement is too low?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an agent. To find lower rates from a local agent, complete this form.

Insurance agencies can help

Many drivers prefer to buy from a licensed agent and that can be a smart move A good thing about comparing insurance prices online is you can get cheaper rates and still have a local agent. Buying from and supporting neighborhood agents is especially important in Anchorage.

For easy comparison, once you complete this form (opens in new window), the coverage information is emailed to local insurance agents that give free quotes to get your business. It’s much easier because you don’t need to contact any insurance agencies because prices are sent directly to you. You can get cheaper insurance rates and an insurance agent to talk to. If you have a need to quote rates from a specific insurance provider, you just need to search and find their rate quote page and give them your coverage information.

Two types of car insurance agents

If you prefer to buy insurance from a local agent, it can be helpful to understand the different types of agencies and how they function. Insurance agencies in Anchorage are categorized either exclusive or independent (non-exclusive).

Independent Insurance Agents

Agents that choose to be independent do not work for one specific company and that is an advantage because they can write policies through many different insurance companies and find you the best rates. If your agent finds better pricing, they can switch companies in-house and you stay with the same agent.

If you are comparing insurance prices, it’s recommended you compare quotes from at a minimum one independent agency to ensure the widest selection of prices. Many can place coverage with different regional companies that many times have cheaper rates.

Below are Anchorage independent agents who may provide competitive price quotes.

• J C Morris Insurance Services
  4011 Arctic Blvd #105 – Anchorage, AK 99503 – (907) 272-2524 – View Map
• Associated Insurance Services
  7125 Old Seward Hwy #203 – Anchorage, AK 99518 – (907) 349-2229 – View Map
• Umialik Insurance Company
  3301 C St #300 – Anchorage, AK 99503 – (907) 338-5445 – View Map

View more Anchorage agents

Exclusive Insurance Agents

These agents can only quote rates from one company such as State Farm, Allstate, and Farm Bureau. They generally cannot place coverage with different providers so they really need to provide good service. Exclusive agents are very knowledgeable in insurance sales and that allows them to sell at a higher price point. A lot of people buy insurance from these agents partially due to the brand legacy rather than having low rates.

The following are Anchorage exclusive agencies that are able to give rate quotes.

• Steve VanHorne – State Farm Insurance Agent
  510 W Tudor Rd Ste 1 – Anchorage, AK 99503 – (907) 561-0000 – View Map
• Tim Graham – State Farm Insurance Agent
  1417 W Northern Lights Blvd A – Anchorage, AK 99503 – (907) 561-4000 – View Map
• Art Dorsey – State Farm Insurance Agent
  9191 Old Seward Hwy #6 – Anchorage, AK 99515 – (907) 522-1231 – View Map

View more Anchorage agents

Finding a good insurance agent shouldn’t rely on just the price. Here are some questions you should ask.

• Has the agent ever had any license suspensions?
• Are they able to influence company decisions when a claim is filed?
• Is the agency involved in supporting local community causes?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• Do they reduce claim amounts on high mileage vehicles?
• Do they have 24-hour customer assistance?