Insurance is one of the major costs in owning a vehicle, along with the initial cost of the car, fuel and taxes. For individuals who place insurance high on the list of priorities, the Dodge Grand Caravan is actually one of the top five least expensive vehicles to insure. For a 2011 Grand Caravan, average premiums range between $1,100 and $1,300 annually.
The 2011 Dodge Grand Caravan comes packed with plenty of safety features and has received stellar safety ratings from major rating organizations. This makes it cheaper to insure when compared to some other vehicles in its class. It offers things like a rearview backup camera and integrated child seats as options, but has many other features which are included. It is equipped with side curtain airbags, multi-stage front airbags and front seat mounted side airbags. Electronic stability control is also a standard on all models, and so is an engine immobilizer, traffic sensors, and blind-spot monitoring. Other safety features include:
• Post-collision safety system
• Traction control
• Active head restraints
• Electronic brake assist
The Insurance Institute for Highway Safety gave the Dodge Grand Caravan 2008 through 2010 models the highest safety ratings for front and side impact. Models after 2010 also won safety accolades in tests for rear impact and seat/head restraint.
All these safety features mean that the Grand Caravan can be insured at reasonable rates. Some vehicle websites list the Dodge Grand Caravan as one of the ten cheapest vehicles to insure in 2010, along with some of its competitors. Obviously, other factors like personal driving history, age, annual mileage and the state of residence affect the final premiums.
The Dodge Caravan can be cheaper to insure than the national average depending on the model and year of the car. People who bought the 2010 model may end up paying from $1,000 to $1,100 for annual insurance coverage, whereas the national U.S average for car insurance in 2010 was $1,539. Insuring a Dodge Grand Caravan is considerably cheaper.
The abundant electronic gadgetry found in the new Grand Caravan is well liked by many reviewers. It includes an on-board TV, a USB port that is capable of creating a Wifi hotspot, and other options include a media hard drive, navigation, satellite radio, and Bluetooth. Additionally, there is the stow ‘n go seating. These are seats that can be folded flat into the floor with the convenience of one touch to make ideal cargo space, along with flexibility, in configuration. While competitors may have more luxurious seating, they do not come with the convenience of single touch transformation. Those seats have to be removed manually to make room for goods that need to be stored. For customers with younger children, this is a major deal-maker as there is plenty of storage space for gear and the ease of transforming.
While US News and World Report places the Dodge Grand Caravan in seventh place out of the eight minivans that are available in the US, they do report that the 2011 model is much improved over the previous ones. The 3.6 liter, V6 engine that provides 283 horsepower makes it the most powerful minivan available. Other car vehicle websites applaud the 2011 Caravan’s quiet ride. The five year maintenance costs for the 2011 car are expected to run roughly from $3,100 to $3,300. While this is not the cheapest car of its class to own, it certainly is well below the most expensive car, which has estimated five year costs of well over $4,000, according to Edmunds.