2002 Dodge Ram Pickup 2500 Car Insurance Cost

Trying to find the cheapest insurance for a new or used Dodge Ram Pickup 2500 can turn out to be an all-consuming task, but you can use our insurance buying tips to save time. There is a better way to shop for insurance and you need to know the absolute fastest way to price shop coverage for your Dodge and locate the cheapest rates from local insurance agents and online providers.

Smart consumers take time to take a look at other company’s rates before your policy renews because insurance rates fluctuate regularly. Despite the fact that you may have had the best rates for Ram pickup coverage two years ago the chances are good that you can find a lower rate today. Starting now, ignore everything you know about insurance because I’m going to teach you the proper way to find lower rates on insurance.

Finding Insurance Coverage Deals

Effectively comparing insurance coverage prices can take hours if you aren’t aware of the easiest way. You can spend your afternoon driving to insurance agencies in your area, or you can stay home and use online quotes to get the quickest rates.

Many popular insurance companies participate in a marketplace where prospective buyers enter their policy data once, and each participating company returns a competitive quote based on that data. This eliminates the need for quote forms for each company.

To use this form to compare 2002 Dodge Ram Pickup 2500 insurance rates click here (opens in new window).

The only downside to comparing rates this way is that consumers can’t choose which carriers you want pricing from. So if you prefer to choose specific providers to receive pricing from, we have a listing of low cost insurance coverage companies in your area. Click here to view list.

Whichever method you choose, double check that you are using identical quote information with every price quote. If you have differing limits it will be very difficult to find the best deal for your Dodge Ram Pickup 2500.

Cut your premium with discounts

Companies don’t necessarily list every available discount in an easy-to-find place, so we took the time to find some of the best known and the harder-to-find ways to save on insurance coverage. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Passive Restraints – Vehicles with factory air bags or motorized seat belts can qualify for discounts of 20% or more.
  • Defensive Driver – Taking part in a defensive driving course could save 5% or more and easily recoup the cost of the course.
  • 55 and Retired – Mature drivers may receive better insurance coverage rates for Ram pickup coverage.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
  • Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase auto and life insurance together.
  • Pay Upfront and Save – By paying your policy upfront instead of monthly or quarterly installments you could save up to 5%.
  • Federal Government Employee – Employees or retirees of the government can earn a discount up to 10% for Ram pickup coverage with select insurance companies.
  • Drive Less and Save – Keeping the miles down on your Dodge could qualify for a substantially lower rate.

As a disclaimer on discounts, most of the big mark downs will not be given the the whole policy. Most cut individual premiums such as comprehensive or collision. So despite the fact that it appears you could get a free insurance coverage policy, it doesn’t quite work that way.

To see a list of insurers who offer insurance coverage discounts, click here.

What is the best insurance coverage?

When it comes to choosing adequate coverage for your personal vehicles, there is no perfect coverage plan. Each situation is unique.

For example, these questions can help discover whether you would benefit from an agent’s advice.

  • Should I waive the damage coverage when renting a car?
  • Can I afford to buy a different vehicle if my 2002 Dodge Ram Pickup 2500 is totaled?
  • Is my 2002 Dodge Ram Pickup 2500 covered for smoke damage?
  • Should I drop comprehensive coverage on older vehicles?
  • Should I sign the liability waiver when renting a car?
  • Do I need special endorsements for business use of my vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form. It only takes a few minutes and may give you better protection.

Why your Dodge Ram Pickup 2500 insurance rates may be high

Consumers need to have an understanding of the rating factors that play a part in calculating the price you pay for auto insurance. Knowing what controls the rates you pay enables informed choices that will entitle you to lower auto insurance prices.

  • Teen drivers pay high rates – Teenage drivers have a tendency to be more careless behind the wheel so auto insurance rates are higher. Having to add a young driver to your auto insurance policy can be quite pricey. Older drivers are viewed as being more responsible, file fewer claims and are safer drivers.
  • How many coverages with the same company – Many auto insurance companies provide better rates to insureds who carry more than one policy. It’s known as a multi-policy discount. Discounts can add up to ten or even up to twenty percent in some cases. Even with this discount, you still need to compare rates to confirm you are receiving the best rates possible.
  • Are you male or female? – Statistics show women tend to be less risk to insure than men. Now that doesn’t mean women are better drivers. Men and women cause accidents in similar numbers, but the male of the species tend to have more serious accidents. Men also tend to have more aggressive citations such as DWI and reckless driving.
  • Choose a safe vehicle and save – Vehicles with good safety scores can get you lower premiums. Safe vehicles result in less severe injuries and better occupant protection translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Dodge Ram Pickup 2500 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Do you need those extra coverages? – There are many extra coverages that you can get tricked into buying on your auto insurance policy. Coverages for personal injury protection, accidental death and motor club memberships are examples of these. These coverages may sound good when talking to your agent, but if you don’t need them eliminate them to save money.
  • Rates may be lower depending on your job – Did you know your job can affect your rates? Jobs such as judges, architects and financial analysts tend to have higher average rates in part from stressful work requirements and long work hours. Conversely, professions such as actors, engineers and homemakers receive lower rates for Ram pickup coverage.
  • A lapse in coverage is a bad thing – Driving with no insurance is a misdemeanor and your next policy will cost more because you let your insurance lapse. Not only will you pay more, but being ticketed for driving with no insurance may earn you a steep fine or even jail time.
  • Lower deductibles cost more – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Dodge. Some examples of claims that would be covered are collision with another vehicle, damage caused by hail, or theft. Physical damage deductibles are how much you are required to spend out-of-pocket in the event of a claim. The higher the amount the insured has to pay upfront, the bigger discount you will receive for Ram pickup coverage.

Specific coverages for a Dodge Ram Pickup 2500

Learning about specific coverages of a car insurance policy helps when choosing which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as chiropractic care, pain medications and dental work. They are utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Liability coverages

Liability insurance protects you from damages or injuries you inflict on other’s property or people. This insurance protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability insurance covers things such as pain and suffering, loss of income, repair costs for stationary objects and bail bonds. How much coverage you buy is a personal decision, but buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Dodge Ram Pickup 2500.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked.

Comprehensive insurance

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hail damage, damage from getting keyed, damage from flooding, hitting a bird and a broken windshield. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverage

This coverage covers damage to your Ram Pickup 2500 resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like backing into a parked car, driving through your garage door, hitting a mailbox and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible to get cheaper collision coverage.

Compare but don’t skimp

Drivers change insurance companies for any number of reasons including high rates after DUI convictions, delays in responding to claim requests, high prices and not issuing a premium refund. No matter why you want to switch, switching insurance companies is less work than it seems.

You just learned a lot of ways to get a better price on 2002 Dodge Ram Pickup 2500 insurance. It’s most important to understand that the more you quote, the more likely it is that you will get a better rate. You may be surprised to find that the best price on insurance is with the least-expected company.

When shopping online for insurance, you should never reduce coverage to reduce premium. There have been many situations where an insured cut full coverage only to regret that the savings was not a smart move. Your strategy should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

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